VALERIE BAUDUIN
ActiveVALERIE BAUDUIN has been active since 1987 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €85k and a net result of €14k. Equity is shrinking by ~12.2% per year across the filed fiscal years. Its solvency ranks better than 63% of 3476 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
89
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability81▲+69
Solvency89▲+5
Growth58▲+26
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €7k at 30 days acceptable
Liquidity ample (current ratio 14.93 against 11.63 in 2024; short-term debt: 6.7% of total assets), and 36.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 74
Relative position
BE, all sectors
reference
Sector 74
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
63.5%
Return on assets
10.1%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 05-09-2026, 36 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
36 d late
2024
153 d late
2021
147 d late
2020
59 d late
2019
97 d late
2018
63 d late
2017
208 d late
← before the deadline
after the deadline →
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 monthsPosition in the running window
20-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€85k▲ 18.9%
2024 · €72k
2018: €195k
2019: €184k
2020: €184k
2021: €79k
2024: €72k
2018 → 2025
Total assets
€134k▲ 9.9%
2024 · €122k
2018: €284k
2019: €284k
2020: €240k
2021: €136k
2024: €122k
2018 → 2025
Net result
€14k
2024 · €-6k
2018: €9k
2019: €-11k
2020: €-58
2021: €-2k
2024: €-6k
2018 → 2025
Working capital
€125k▲ 12.4%
2024 · €111k
2018: €231k
2019: €221k
2020: €215k
2021: €113k
2024: €111k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20192020202120242025Trend
Equity€184k-€184k=€79k▼ 57.0%€72k▼ 9.4%€85k▲ 18.9%
Operating result€-14k-€7k€8k▲ 16.5%€-5k€21k
Net result€-11k-€-58▲ 99.5%€-2k▼ 3,309%€-6k▼ 220%€14k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €21k after a loss of €5k in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €134k
Fixed assets
€438▼ 36.7%
Current assets
€134k▲ 10.1%
Equity and liabilities €134k
Equity
€85k▲ 18.9%
Provisions
€40k=
Debt
€9k▼ 14.2%
The debt ratio falls from 8.5% to 6.7%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€21k▲
2024 · €-5k
Cash flow
€14k▲
2024 · €-6k
Solvency
63.5%▲
2024 · 58.7%
Current ratio
14.93▲
2024 · 11.63
Quick ratio
14.93▲
2024 · 11.63
Debt / equity
0.11▼
2024 · 0.15
ROE
15.9%▲
2024 · -8.8%
ROA
10.1%▲
2024 · -5.2%
Interest coverage
12.41▲
2024 · -2.17
Debt
€9k▼
2024 · €10k
Debt ≤ 1 year
€9k▼
2024 · €10k
Income taxes
€5k▲
2024 · €511
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€122k€134k▲
Fixed assets21/28€692€438▼
Tangible fixed assets22/27€692€438▼
Plant, machinery and equipment23€272€201▼
Furniture and vehicles24€420€237▼
Current assets29/58€121k€134k▲
Amounts receivable after more than one year29€76k€76k=
Other amounts receivable291€76k€76k=
Amounts receivable within one year40/41€46k€58k▲
Trade receivables40€8k€10k▲
Other amounts receivable41€38k€48k▲
Deferred charges and accrued income490/1€83-
Equity and liabilities
Total equity and liabilities10/49€122k€134k▲
Equity10/15€72k€85k▲
Contributions10/11€19k€19k=
Reserves13€59k€73k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€58k€71k▲
Profit (loss) carried forward14€-6k€-6k=
Provisions and deferred taxes16€40k€40k=
Provisions for liabilities and charges160/5€40k€40k=
Pensions and similar obligations160€40k€40k=
Amounts payable17/49€10k€9k▼
Amounts payable within one year42/48€10k€9k▼
Financial debts43€8k€5k▼
Credit institutions430/8€8k€5k▼
Trade debts44€512€512▼
Suppliers440/4€512€512▼
Taxes, remuneration and social security45€2k€4k▲
Taxes450/3€2k€4k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€405€254▼
Other operating charges640/8€2k€1k▼
Gross operating margin9900€-3k€22k▲
Operating profit (loss)9901€-5k€21k▲
Financial income75/76B€2k€30▼
Recurring financial income75€2k€30▼
Non-recurring financial income76B€2k-
Financial charges65/66B€2k€2k▼
Recurring financial charges65€2k€2k▼
Profit (loss) for the period before taxes9903€-6k€19k▲
Income taxes67/77€511€5k▲
Profit (loss) for the period9904€-6k€14k▲
Profit (loss) for the period to be appropriated9905€-6k€14k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-6k€7k▲
Profit (loss) brought forward from the previous period14P-€-6k
Transfer to equity691/2-€14k
To other reserves6921-€14k
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
05-09
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 36 days late
2025
31-12
Financial
Back to profitnet €14k
Net result €14k after 4 loss-making years.
31-12
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 153 days late
2022
25-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 147 days late
2021
28-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 59 days late
2020
31-12
Financial
Liquidity triplescurrent ratio 14.83
Current ratio from 4.72 to 14.83; short-term debt falls from €59k to €16k.
05-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 97 days late
2019
31-12
Financial
Weakest financial yearnet €-11k ▼217%
Net result drops to €-11k, the lowest in the series; recovery starts the following year.
02-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 63 days late
24-02
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 208 days late
2017
29-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 60 days late
2016
27-10
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 88 days late
2015
09-12
NBB filing
Annual accounts filed
fiscal year 2014 · full schema · 131 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Tournai · 3 establishment units since 1995
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.
Rue Bourgambray(G-R) 747530 TournaiGround area
1,619 m²
Building footprint
333 m²
Volume, LiDAR
2,407 m³
3 parcels, Brussels, Wallonia · tallest building 24.0 m, ±7 floors. Linked by address, not a title deed.
3 establishment units
Tervurenlaan 61, 1040 Etterbeek
since 19952.031.635.108
Tervurenlaan 61, 1040 Etterbeek
since 19952.125.488.348
Rue de la Liberté(RUM) 149, 7540 Tournai
since 19962.113.500.534
3 parcels
Wallonia
2
(66.7%)
Brussels
1
(33.3%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 57073B0325/00R002 | Wallonia | 1,037 m² | 1 · 191 m² | - |
| 57033A0355/00K005 | Wallonia | 371 m² | 1 · 46 m² | 9.2 m · 3 fl. |
| 21005A0579/00F006 | Brussels | 211 m² | 1 · 96 m² | 24.0 m · 7 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 2
3 of 3 parcels 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
LRGS
BE 0802.074.390
Brussel · Eq €85k
APSIS
BE 0442.739.177
La Hulpe · Eq €86k
TRADRL
BE 0779.404.106
Schaarbeek · Eq €86k
BLIKSEM SCHRIJFBUREAU
BE 0781.817.228
Zwevegem · Eq €87k
CELOPS
BE 0703.975.916
Assesse · Eq €87k
Of 4,530 companies in sector 74301 we hold annual accounts for 719. 614 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded15-04-1987
Fiscal year end31-12
Abbreviation FR
SOCODESI
Activities, NACEBEL
74300Other professional, scientific and technical activities
74301Translation services
74852
Sources
Crossroads Bank for EnterprisesNational Bank · 34 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.