BADECO
ActiveSummary
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 92% of 31694 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
86
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability74▼-10
Solvency100=
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €75k at 30 days acceptable
Liquidity ample (current ratio 15.38 against 16.22 in 2024; short-term debt: 6.4% and cash: 13.9% of total assets), and 6.4% 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○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
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
93.6%
Return on assets
3.9%
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 24-07-2026, 7 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
7 d early
2024
30 d early
2023
26 d early
2022
26 d early
2021
30 d early
2020
18 d early
2019
25 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 monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€882k▲ 4.4%
2024 · €845k
2018: €437k
2019: €499k
2020: €528k
2021: €605k
2022: €663k
2023: €738k
2024: €845k
2018 → 2025
Total assets
€942k▲ 4.8%
2024 · €899k
2018: €478k
2019: €550k
2020: €581k
2021: €664k
2022: €721k
2023: €775k
2024: €899k
2018 → 2025
Net result
€37k▼ 65.6%
2024 · €107k
2018: €45k
2019: €62k
2020: €39k
2021: €76k
2022: €58k
2023: €75k
2024: €107k
2018 → 2025
Working capital
€872k▲ 5.9%
2024 · €823k
2018: €426k
2019: €491k
2020: €523k
2021: €547k
2022: €617k
2023: €704k
2024: €823k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€605k-€663k▲ 9.6%€738k▲ 11.3%€845k▲ 14.5%€882k▲ 4.4%
Operating result€108k-€80k▼ 25.8%€104k▲ 29.1%€91k▼ 12.0%€38k▼ 57.9%
Net result€76k-€58k▼ 24.1%€75k▲ 29.5%€107k▲ 42.7%€37k▼ 65.6%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 58% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €942k
Fixed assets
€10k ▼ 55.8%
Current assets
€933k ▲ 6.3%
Equity and liabilities €942k
Equity
€882k ▲ 4.4%
Debt
€61k ▲ 12.1%
Debt's share of the balance-sheet total rises from 6.0% to 6.4%. Equity and debt are higher.
Key figures and ratios
EBITDA
€50k▼
2024 · €103k
Cash flow
€49k▼
2024 · €119k
Current ratio
15.38▼
2024 · 16.22
Debt to equity
0.07▲
2024 · 0.06
ROE
4.2%▼
2024 · 12.7%
ROA
3.9%▼
2024 · 11.9%
Interest coverage
7.83▼
2024 · 26.71
Debt ≤ 1 year
€61k▲
2024 · €54k
Income taxes
€15k▼
2024 · €44k
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 · 42 lines
Balance sheet
Code20242025
Assets
Total assets20/58€899k€942k▲
Fixed assets21/28€22k€10k▼
Tangible fixed assets22/27€22k€10k▼
Land and buildings22€3k€2k▼
Plant, machinery and equipment23€659€288▼
Furniture and vehicles24€18k€7k▼
Current assets29/58€877k€933k▲
Amounts receivable within one year40/41€39k€87k▲
Trade receivables40€39k€61k▲
Other amounts receivable41€7€26k▲
Current investments50/53€549k€714k▲
Cash at bank and in hand54/58€288k€131k▼
Deferred charges and accrued income490/1€2k€2k▼
Equity and liabilities
Total equity and liabilities10/49€899k€942k▲
Equity10/15€845k€882k▲
Contributions10/11€19k€19k=
Reserves13€826k€863k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€824k€861k▲
Amounts payable17/49€54k€61k▲
Amounts payable within one year42/48€54k€61k▲
Trade debts44€34k€58k▲
Suppliers440/4€34k€58k▲
Taxes, remuneration and social security45€17k€1k▼
Taxes450/3€17k€1k▼
Other amounts payable47/48€3k€1k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€12k€12k=
Other operating charges640/8€569€582▲
Gross operating margin9900€104k€51k▼
Operating profit (loss)9901€91k€38k▼
Financial income75/76B€64k€20k▼
Recurring financial income75€64k€20k▼
Financial charges65/66B€4k€6k▲
Recurring financial charges65€4k€6k▲
Profit (loss) for the period before taxes9903€151k€52k▼
Income taxes67/77€44k€15k▼
Profit (loss) for the period9904€107k€37k▼
Profit (loss) for the period to be appropriated9905€107k€37k▼
Appropriation of the result
Profit (loss) to be appropriated9906€107k€37k▼
Transfer to equity691/2€107k€37k▼
To other reserves6921€107k€37k▼
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
24-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
27-03
State Gazette act
Registered officeRegistered-office move1 fact ▸
State Gazette act
Registered office
Registered-office move1 fact ▸
- Registered-office move, Pastoriestraat 13 bus 2, 2243 Pulle
2025
31-12
Financial
Weakest financial yearnet €37k ▼65.6%
Net result drops to €37k, the lowest in the series.
01-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2018net €107k ▲42.7%
Net result €107k, the highest in the series.
05-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
05-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
01-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
13-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Equity above €500kEq €528k ▲5.9%
3 profitable years in a row build equity to €528k.
06-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
04-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
06-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
17-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
Location & real-estate footprint
Registered office, Zandhoven · 1 establishment unit since 2002
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.
Pastoriestraat 132243 ZandhovenGround area
1,390 m²
Building footprint
242 m²
Volume, LiDAR
54 m³
Parcel 11034B0138/00P002, Flanders · tallest building 8.7 m. Linked by address, not a title deed.
1 establishment unit
BADECO
since 20022.095.811.989
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11034B0138/00P002indicative | Flanders | 1,390 m² | 1 · 242 m² | 8.7 m |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
0 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Legal Entity Identifier
254900MNGHPX2DPHPD81
Similar companies · same sector, comparable size
LOJULA HOLDING
BE 0672.946.606
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IBD SOLUTIONS
BE 0557.999.032
Liège · Eq €882,273
KINVEST
BE 0452.504.406
Brussel · Eq €880,837
CAMERON CONSULTING
BE 0543.452.594
Ukkel · Eq €880,785
F-J-M
BE 0442.674.148
Charleroi · Eq €882,564
Of 82,562 companies in sector 70200 we hold annual accounts for 52,574. 29,221 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 (pre-2019)
Founded20-03-2002
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
46349Wholesale of beverages, general range
47252Retail sale of beverages, general range
71121Engineering and related technical consultancy, excluding land surveyors
Sources
Crossroads Bank for EnterprisesNational Bank · 24 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.