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The Basement

Active
Private limited companyfounded 20233 yrs activePatronaatstraat 23, 2650 Edegem, BelgiumKBO/BCE: BE 0797.930.116
Summary

The Basement has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €80k and a net result of €32k. Equity is growing by ~56.6% per year across the filed fiscal years. Its solvency ranks better than 85% of 17043 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

Checked score

Score 2025
94 / 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency100▲+4
Growth78▲+26
Track record94
Bankruptcy probability, 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €7k at 30 days acceptable
Liquidity ample (current ratio 8.25 against 3.43 in 2024; short-term debt: 12.1% and cash: 74.6% of total assets), and 12.1% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Four signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Sector 62
lower
← fewer bankruptcies more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 3 years 0 10 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
87.9%
Return on assets
35.5%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 11-03-2026, 142 days ahead of the deadline.
NBB · 3 filings
Deviation from the deadline
2025
142 d early
2024
17 d early
2023
50 d early
← before the deadline after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, micro schema

Equity
€80k▲ 67.6%
2024 · €48k
2023: €26k 2024: €48k
2023 → 2025
Total assets
€91k▲ 35.7%
2024 · €67k
2023: €32k 2024: €67k
2023 → 2025
Net result
€32k▲ 43.0%
2024 · €23k
2023: €25k 2024: €23k
2023 → 2025
Working capital
€80k▲ 69.7%
2024 · €47k
2023: €26k 2024: €47k
2023 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line202320242025Trend
Equity€26k-€48k▲ 83.7%€80k▲ 67.6%
Operating result€33k-€29k▼ 14.6%€44k▲ 52.8%
Net result€25k-€23k▼ 9.0%€32k▲ 43.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€20k€40kOperating result 2023: €33k€33kNet result 2023: €25k€25kOperating result 2024: €29k€29kNet result 2024: €23k€23kOperating result 2025: €44k€44kNet result 2025: €32k€32k202320242025€0€20k€40kOperating result 2023: €33k€33kNet result 2023: €25k€25kOperating result 2024: €29k€29kNet result 2024: €23k€23kOperating result 2025: €44k€44kNet result 2025: €32k€32k202320242025
The operating result recovers in 2025; 2025 is 53% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €91k
Fixed assets €415 ▼ 49.8%
Current assets €91k ▲ 36.8%
Equity and liabilities €91k
Equity €80k ▲ 67.6%
Debt €11k ▼ 43.2%
Debt's share of the balance-sheet total falls from 28.8% to 12.1%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€44k
2024 · €29k
Cash flow
€33k
2024 · €23k
Current ratio
8.25
2024 · 3.43
Debt to equity
0.14
2024 · 0.40
ROE
40.3%
2024 · 47.3%
ROA
35.5%
2024 · 33.7%
Interest coverage
315.76
2024 · 160.38
Debt ≤ 1 year
€11k
2024 · €19k
Income taxes
€11k
2024 · €6k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 38 lines
Balance sheet Code20242025
Assets
Total assets20/58€67k€91k
Fixed assets21/28€826€415
Tangible fixed assets22/27€826€415
Plant, machinery and equipment23€826€415
Current assets29/58€66k€91k
Amounts receivable within one year40/41€17k€23k
Trade receivables40€17k€23k
Cash at bank and in hand54/58€49k€68k
Equity and liabilities
Total equity and liabilities10/49€67k€91k
Equity10/15€48k€80k
Contributions10/11€2k€2k=
Reserves13€46k€78k
Distributable reserves133€46k€78k
Amounts payable17/49€19k€11k
Amounts payable within one year42/48€19k€11k
Trade debts44€466€2k
Suppliers440/4€466€2k
Taxes, remuneration and social security45€18k€7k
Taxes450/3€9k€7k
Remuneration and social security454/9€9k-
Other amounts payable47/48€914€1k
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€408€411
Other operating charges640/8€118€120
Gross operating margin9900€29k€44k
Operating profit (loss)9901€29k€44k
Financial income75/76B€153€28
Recurring financial income75€153€28
Financial charges65/66B€181€140
Recurring financial charges65€181€140
Profit (loss) for the period before taxes9903€29k€44k
Income taxes67/77€6k€11k
Profit (loss) for the period9904€23k€32k
Profit (loss) for the period to be appropriated9905€23k€32k
Appropriation of the result
Profit (loss) to be appropriated9906€23k€32k
Transfer to equity691/2€22k€32k
To other reserves6921€22k€32k
Profit to be distributed694/7€833-
Return on contributions (dividend)694€833-

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
11-03
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial Highest result since 2023net €32k ▲43%
Operating result €44k, net result €32k, both a record.
31-12
Financial Liquidity doublescurrent ratio 8.25
Current ratio from 3.43 to 8.25; short-term debt falls from €19k to €11k.
14-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial Weakest financial yearnet €23k ▼9%
Net result drops to €23k, the lowest in the series; recovery starts the following year.
11-06
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Edegem · 1 establishment unit since 2023
establishment The establishment unit on the map
Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Patronaatstraat 232650 Edegem
Ground area
561 m²
Building footprint
191 m²
Volume, LiDAR
955 m³
Parcel 11472B0005/00A003, Flanders · tallest building 10.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
The Basement
Patronaatstraat 23, 2650 EdegemRetail sale of clothing and accessories for women, men, children and babies (general range)
since 20232.341.464.588
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
11472B0005/00A003 Flanders 561 m² 1 · 191 m² 10.2 m · 2 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Of 16,884 companies in sector 62100 we hold annual accounts for 8,775. 6,948 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded02-02-2023
Fiscal year end31-12
Activities, NACEBEL 2025
62100Computer programming
47716Retail sale of clothing and accessories for women, men, children and babies (general range)
74120Graphic design and visual communication
74201Photography, excluding press photography
86995Nutrition and dietetics services
93130Fitness centres
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers

Scores and ratios are computed by Checked and are not a credit decision.