BAFB ARCHITECTURE
ActiveSummary
BAFB ARCHITECTURE has been active since 1983 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €30k and a net result of €13k. Equity is shrinking by ~25.9% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2026. Its solvency ranks better than 36% of 9460 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
80
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability90▲+12
Solvency64▲+14
Growth32=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days acceptable
Liquidity ample (current ratio 2.19 against 1.21 in 2024; short-term debt: 25.2% and cash: 21% of total assets), but 61.1% 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 · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 71
Relative position
BE, all sectors
reference
Sector 71
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
38.9%
Return on assets
16.6%
Age of the figures
9 mo
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €30k
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 29-05-2026, 63 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
63 d early
2024
56 d early
2023
60 d early
2022
51 d early
2021
29 d early
2020
37 d early
2019
36 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
Turnover
€0
2024 · €0
2018: €0
2019: €0
2020: €0
2021: €0
2022: €0
2023: €0
2024: €0
2018 → 2025
Total assets
€77k▲ 14.6%
2024 · €67k
2018: €104k
2019: €90k
2020: €83k
2021: €63k
2022: €36k
2023: €37k
2024: €67k
2018 → 2025
Net result
€13k▲ 149%
2024 · €5k
2018: €17k
2019: €398
2020: €-10k
2021: €-19k
2022: €-17k
2023: €10k
2024: €5k
2018 → 2025
Working capital
€23k▲ 471%
2024 · €4k
2018: €49k
2019: €43k
2020: €34k
2021: €21k
2022: €9k
2023: €8k
2024: €4k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€0-€0€0€0€0
Equity€35k-€18k▼ 47.6%€12k▼ 34.6%€17k▲ 43.0%€30k▲ 74.8%
Operating result€-19k-€-16k▲ 11.1%€12k€6k▼ 46.6%€16k▲ 151%
Net result€-19k-€-17k▲ 11.0%€10k€5k▼ 50.9%€13k▲ 149%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 151% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €77k
Fixed assets
€34k ▼ 21.8%
Current assets
€42k ▲ 84.0%
Equity and liabilities €77k
Equity
€30k ▲ 74.8%
Debt
€47k ▼ 6.0%
Debt's share of the balance-sheet total falls from 74.5% to 61.1%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€26k▲
2024 · €12k
Cash flow
€23k▲
2024 · €11k
Current ratio
2.19▲
2024 · 1.21
Debt to equity
1.57▼
2024 · 2.92
ROE
42.8%▲
2024 · 30.1%
ROA
16.6%▲
2024 · 7.7%
Interest coverage
13.48▼
2024 · 15.75
Debt ≤ 1 year
€19k▲
2024 · €19k
Debt > 1 year
€28k▼
2024 · €31k
Income taxes
€1k▲
2024 · €734
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 · 48 lines
Balance sheet
Code20242025
Assets
Total assets20/58€67k€77k▲
Formation expenses20€0€0=
Fixed assets21/28€44k€34k▼
Tangible fixed assets22/27€44k€34k▼
Plant, machinery and equipment23€999€286▼
Furniture and vehicles24€43k€34k▼
Current assets29/58€23k€42k▲
Amounts receivable within one year40/41€20k€24k▲
Trade receivables40€17k€21k▲
Other amounts receivable41€3k€3k▲
Cash at bank and in hand54/58€2k€16k▲
Deferred charges and accrued income490/1€1k€2k▲
Equity and liabilities
Total equity and liabilities10/49€67k€77k▲
Equity10/15€17k€30k▲
Contributions10/11€19k€19k=
Reserves13€25k€38k▲
Tax-exempt reserves132€8k€8k=
Distributable reserves133€17k€30k▲
Profit (loss) carried forward14€-26k€-26k=
Amounts payable17/49€50k€47k▼
Amounts payable after more than one year17€31k€28k▼
Financial debts170/4€31k€28k▼
Amounts payable within one year42/48€19k€19k▲
Current portion of amounts payable after more than one year42€4k€4k▲
Trade debts44€3k€3k▲
Suppliers440/4€3k€3k▲
Taxes, remuneration and social security45€7k€8k▲
Taxes450/3€7k€8k▲
Remuneration and social security454/9€0€0=
Other amounts payable47/48€5k€4k▼
Income statement
Code20242025
Turnover70€0€0=
Goods, raw materials, services and sundry goods60/61€0€0=
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6k€10k▲
Other operating charges640/8€6k€1k▼
Gross operating margin9900€18k€27k▲
Operating profit (loss)9901€6k€16k▲
Financial income75/76B€202-
Recurring financial income75€202-
Financial charges65/66B€767€2k▲
Recurring financial charges65€767€2k▲
Profit (loss) for the period before taxes9903€6k€14k▲
Income taxes67/77€734€1k▲
Profit (loss) for the period9904€5k€13k▲
Profit (loss) for the period to be appropriated9905€5k€13k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-21k€-14k▲
Profit (loss) brought forward from the previous period14P€-26k€-26k=
Transfer to equity691/2€5k€13k▲
To other reserves6921€5k€13k▲
The notes to these accounts (10 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
29-05
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
05-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
01-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €10k
Net result €10k after 3 loss-making years.
10-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
02-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Weakest financial yearnet €-19k
Net result drops to €-19k, the lowest in the series; recovery starts the following year.
24-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
25-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
20-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
13-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
20-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
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, Liège
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 de l'Eglise 284032 LiègeGround area
80 m²
Building footprint
29 m²
Volume, LiDAR
172 m³
Parcel 62023A0620/00F002, Wallonia · tallest building 10.4 m, ±2 floors. Linked by address, not a title deed.
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62023A0620/00F002 | Wallonia | 80 m² | 1 · 29 m² | 10.4 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
BLOK42 ARCHITECTS
BE 0747.523.669
Vorst · Eq €29,880
wimdepuydt.architect
BE 0739.713.882
Gent · Eq €29,906
RHO Architecten
BE 0807.055.935
Temse · Eq €29,910
ARMUR architecten
BE 0801.106.865
Gent · Eq €29,816
BUREAU D'ARCHITECTURE FREDERIC LOURTIE
BE 0551.850.024
Liège · Eq €29,969
Of 18,255 companies in sector 71111 we hold annual accounts for 6,321. 4,923 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
Founded26-12-1983
Fiscal year end31-12
Activities, NACEBEL 2025
71111Activities of building architects
Sources
Crossroads Bank for EnterprisesNational Bank · 40 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.