BADECO
BADECO has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €882k and a net result of €37k. Equity is growing by ~10.9% per year across the filed fiscal years. Its solvency ranks better than 94% of 4760 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
| Equity | €882k |
| Net result | €37k |
| Better than sector | 94% |
| Active | 24 yrs |
Strong profile, led by solvency.
All 5 axes are computed from data Checked has read.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 93.6% | 55.4% | |
| Net result | €37k | €38k | |
| Equity | €882k | €64k | |
| Gross operating margin | €51k | €61k | |
| Total assets | €942k | €146k |
Figures by fiscal year and ratios
| Fiscal year | 2025 Δ | 2024 Δ | 2023 Δ | 2022 Δ | 2021 Δ |
|---|---|---|---|---|---|
| Deposit | micro schema | micro schema | micro schema | micro schema | micro schema |
| Revenue | - | - | - | - | - |
| EBITDA | -51.2% | -10.8% | +25.3% | -18.3% | - |
| Net profit | -65.6% | +42.7% | +29.5% | -24.1% | - |
| Cash flow | -59.0% | +36.8% | +24.5% | -13.8% | - |
| Staff costs | - | - | - | - | - |
| Income taxes | -65.6% | +48.4% | +32.3% | -29.9% | - |
| Dividends | - | - | - | - | - |
| Total assets | +4.8% | +16.0% | +7.6% | +8.5% | - |
| Equity | +4.4% | +14.5% | +11.3% | +9.6% | - |
| Debt | +12.1% | +44.3% | -35.5% | -2.8% | - |
| of which ≤ 1y | +12.1% | +44.3% | -35.5% | -2.8% | - |
| of which > 1y | - | - | - | - | - |
| Working capital | +5.9% | +16.9% | +14.1% | +12.8% | - |
| Employees (FTE) | - | - | - | - | - |
| 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
| Current ratio | 15.38 | 16.22 | 19.78 | 11.61 | 10.14 |
| Quick ratio | 15.38 | 16.22 | 19.78 | 11.61 | 10.14 |
| Working capital ratio | 92.6% | 91.6% | 90.8% | 85.6% | 82.3% |
| Solvency | 93.6% | 94.0% | 95.2% | 91.9% | 91.0% |
| Debt / equity | 0.07 | 0.06 | 0.05 | 0.09 | 0.10 |
| Long-term debt ratio | - | - | - | - | - |
| Interest coverage | 7.83 | 26.71 | 4284.60 | 3586.20 | 4588.98 |
| Gross margin | - | - | - | - | - |
| Net margin | - | - | - | - | - |
| ROA | 3.9% | 11.9% | 9.7% | 8.0% | 11.5% |
| ROE | 4.2% | 12.7% | 10.2% | 8.8% | 12.6% |
| EBITDA margin | - | - | - | - | - |
| Days sales outstanding | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - |
| Inventory turnover | - | - | - | - | - |
| Days inventory (DSI) | - | - | - | - | - |
Full annual accounts (22 line items)
| Line item | Code | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| Balance sheet, Assets | ||||||
| TOTAL ASSETS | 20/58 | €942k | €899k | €775k | €721k | €664k |
| Fixed assets | 21/28 | €10k | €22k | €34k | €46k | €58k |
| Tangible fixed assets | 22/27 | €10k | €22k | €34k | €46k | €58k |
| Current assets | 29/58 | €933k | €877k | €742k | €675k | €607k |
| Amounts receivable within one year | 40/41 | €87k | €39k | €37k | €57k | €60k |
| Investments | 50/53 | €714k | €549k | €610k | €185k | €185k |
| Cash & bank | 54/58 | €131k | €288k | €93k | €432k | €360k |
| Balance sheet, Equity & liabilities | ||||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €942k | €899k | €775k | €721k | €664k |
| Equity | 10/15 | €882k | €845k | €738k | €663k | €605k |
| Contributions / capital | 10/11 | €19k | €19k | €19k | €19k | €19k |
| Reserves | 13 | €863k | €826k | €719k | €644k | €586k |
| Amounts payable | 17/49 | €61k | €54k | €37k | €58k | €60k |
| Amounts payable within one year | 42/48 | €61k | €54k | €37k | €58k | €60k |
| Trade debts payable within one year | 44 | €58k | €34k | €22k | €46k | €43k |
| Income statement | ||||||
| Gross operating margin | 9900 | €51k | €104k | €116k | €93k | €113k |
| Operating result | 9901 | €38k | €91k | €104k | €80k | €108k |
| Financial income | 75 | €20k | €64k | €987 | - | €0 |
| Financial charges | 65 | €6k | €4k | €27 | €26 | €25 |
| Result before taxes | 9903 | €52k | €151k | €105k | €80k | €108k |
| Income taxes | 67/77 | €15k | €44k | €29k | €22k | €32k |
| Net result for the period | 9904 | €37k | €107k | €75k | €58k | €76k |
| Result to be appropriated | 9905 | €37k | €107k | €75k | €58k | €85k |
| NACE primary | Business and other management consultancy(70200) |
| Legal form | Private limited company (pre-2019)(015) |
| Incorporation | 20-03-2002 |
| Status | Active |
| Postal code | 2243 |
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11034B0138/00P002indicative | Flanders | 1,390 m² | 1 · 242 m² | 8.7 m |
27-03
State Gazette act
Registered officeRegistered-office move1 fact ▸
- Registered-office move, Pastoriestraat 13 bus 2, 2243 Pulle
27-03-2026 Registered office moved from Vorselaar to Pulle
- Zegbroek 69, 2290 Vorselaar → 2243 Pulle, Pastoriestraat 13 bus 2
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "siege_social",
"new_address": {
"raw": "2243 Pulle, Pastoriestraat 13 bus 2",
"city": "Pulle",
"region": "vlaams_gewest",
"street": "Pastoriestraat",
"country": "BE",
"postcode": "2243",
"box_number": "2",
"street_number": "13",
"locality_suffix": null
},
"old_address": {
"raw": "Zegbroek 69, 2290 Vorselaar",
"city": "Vorselaar",
"region": "vlaams_gewest",
"street": "Zegbroek",
"country": "BE",
"postcode": "2290",
"box_number": null,
"street_number": "69",
"locality_suffix": null
},
"effective_date": "2026-03-19",
"evidence_quote": "De zetel van Badeco BVBA wordt vanaf heden verplaatst van 2290 Vorselaar, Zegbroek 69 naar 2243 Pulle, Pastoriestraat 13 bus 2.",
"region_changed": false,
"is_statute_change": false,
"nationality_change": false,
"old_address_source": "header_volledig_adres",
"statute_clause_text": null,
"statute_article_number": null,
"effective_date_qualifier": "immediate",
"statutaire_vs_werkelijke": "statutaire",
"linguistic_region_changed": false,
"court_jurisdiction_changed": false,
"effective_date_is_approximate": false
}
],
"notary": {
"name": "Paul Baert",
"firm_city": null,
"firm_name": null,
"office_city": "Turnhout",
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": "2026-03-27",
"filing_date": "2026-03-19",
"act_kind_objet": "Onderwerp akte:"
},
"decision": {
"body": "buitengewone_algemene_vergadering",
"date": "2026-03-19",
"unanimous": true
},
"subject_company": {
"kbo": "0477.043.921",
"name_full": "BADECO",
"legal_form": "BVBA"
},
"publication_proxy": {
"kind": "person",
"org_kbo": null,
"org_name": null,
"person_name": "Paul Baert",
"org_rep_person_name": null,
"person_role_at_subject": "Zaakvoerder"
},
"co_filed_documents": [
"Akte van de buitengewone algemene vergadering",
"Statutenwijziging (indien van toepassing)"
]
}| Legal nameNL | BADECO |