B.A.P.
ActiveB.A.P. has been active since 1999 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €442k and a net result of €-10k. Equity remains stable across the filed fiscal years (±2.1% per year). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
50
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability36▲+1
Solvency58▼-1
Growth58=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €22k at 30 days acceptable
Liquidity short (current ratio 0.0 against 0.0 in 2024; short-term debt: 67% and cash: 0% of total assets), and 67% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-08-2026, 27 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
27 d late
2024
27 d late
2023
29 d late
2022
1 d late
2021
31 d late
2020
31 d late
2019
23 d early
← 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
19-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-10k▲ 10.3%
2024 · €-11k
2018: €-40k
2019: €-9k
2020: €-10k
2021: €-10k
2022: €-10k
2023: €-10k
2024: €-11k
2018 → 2025
Working capital
€-896k▼ 1.2%
2024 · €-886k
2018: €-826k
2019: €-835k
2020: €-845k
2021: €-855k
2022: €-865k
2023: €-875k
2024: €-886k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€484k-€474k▼ 2.0%€464k▼ 2.1%€453k▼ 2.5%€442k▼ 2.3%
Operating result€-1k-€-1k▲ 4.6%€-1k▼ 10.1%€-2k▼ 119%€-1k▲ 52.7%
Net result€-10k-€-10k▲ 5.3%€-10k▼ 3.6%€-11k▼ 14.6%€-10k▲ 10.3%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €1k in 2025 against €2k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.34M
Fixed assets
€1.34M=
Current assets
€44▲ 81.9%
Equity and liabilities €1.34M
Equity
€442k▼ 2.3%
Debt
€896k▲ 1.2%
The debt ratio rises from 66.2% to 67.0%. Equity is lower and debt is higher.
Key figures and ratios
Solvency
33.0%▼
2024 · 33.8%
Current ratio
0.00▲
2024 · 0.00
Quick ratio
0.00▲
2024 · 0.00
Debt / equity
2.03▲
2024 · 1.96
ROE
-2.3%▲
2024 · -2.5%
ROA
-0.8%▲
2024 · -0.9%
Debt
€896k▲
2024 · €886k
Debt ≤ 1 year
€896k▲
2024 · €886k
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€1.34M€1.34M=
Fixed assets21/28€1.34M€1.34M=
Financial fixed assets28€1.34M€1.34M=
Current assets29/58€24€44▲
Cash at bank and in hand54/58€24€44▲
Equity and liabilities
Total equity and liabilities10/49€1.34M€1.34M=
Equity10/15€453k€442k▼
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Revaluation surpluses12€691k€691k=
Reserves13€6k€6k=
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Profit (loss) carried forward14€-307k€-317k▼
Amounts payable17/49€886k€896k▲
Amounts payable within one year42/48€886k€896k▲
Trade debts44€1k€0▼
Suppliers440/4€1k€0▼
Other amounts payable47/48€885k€896k▲
Income statement
Code20242025
Other operating charges640/8€1k€1k▲
Gross operating margin9900€-1k€-88▲
Operating profit (loss)9901€-2k€-1k▲
Financial charges65/66B€9k€9k▲
Recurring financial charges65€9k€9k▲
Profit (loss) for the period before taxes9903€-11k€-10k▲
Profit (loss) for the period9904€-11k€-10k▲
Profit (loss) for the period to be appropriated9905€-11k€-10k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-307k€-317k▼
Profit (loss) brought forward from the previous period14P€-295k€-307k▼
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
27-08
NBB filing
Annual accounts filed
fiscal year 2025 · full schema · 27 days late
2025
27-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 27 days late
2024
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 29 days late
2023
01-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 1 day late
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 31 days late
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 31 days late
2020
08-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
03-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
18-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
10-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
NBB filing
Directors · office · real estate
Directors
5 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, Leopoldsburg · 1 establishment unit since 1999
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.
Antwerpsesteenweg 773970 LeopoldsburgGround area
5,305 m²
Building footprint
3,020 m²
Volume, LiDAR
15,787 m³
Parcel 71034A3220/00A000, Flanders · tallest building 8.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
BAP NV
since 19992.091.859.141
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71034A3220/00A000 | Flanders | 5,305 m² | 1 · 3,020 m² | 8.2 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.
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded05-05-1999
Fiscal year end31-12
Sources
Crossroads Bank for EnterprisesNational Bank · 26 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.