BAPH
ActiveSummary
The computed 12-month bankruptcy probability of BAPH is 2.1% (moderate). The 2025 annual accounts show equity of €72k and a net result of €6k. Equity is growing by ~3.7% per year across the filed fiscal years. Its solvency ranks better than 53% of 13305 sector peers (fiscal year 2025). The company has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
59
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability73▲+12
Solvency59=
Growth52=
Track record100
Bankruptcy probability, 12 months
2.1%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €4k at 30 days acceptable
Liquidity short (current ratio 0.86 against 0.97 in 2024; short-term debt: 42.7% and cash: 18% of total assets), and 66.1% 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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Sector 56
higher
← fewer bankruptcies
more bankruptcies →
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
33.9%
Return on assets
3%
Age of the figures
9 mo
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 · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-06-2026, 31 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
31 d early
2024
44 d early
2023
12 d late
2022
18 d late
2021
10 d late
2020
16 d late
2019
24 d late
← 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
€72k▼ 10.6%
2024 · €81k
2018: €39k
2019: €48k
2020: €88k
2021: €99k
2022: €92k
2023: €93k
2024: €81k
2018 → 2025
Total assets
€213k▼ 10.0%
2024 · €237k
2018: €193k
2019: €241k
2020: €237k
2021: €251k
2022: €236k
2023: €259k
2024: €237k
2018 → 2025
Net result
€6k▲ 156%
2024 · €3k
2018: €9k
2019: €19k
2020: €39k
2021: €12k
2022: €-7k
2023: €11k
2024: €3k
2018 → 2025
Working capital
€-13k▼ 349%
2024 · €-3k
2018: €-29k
2019: €-33k
2020: €6k
2021: €18k
2022: €7k
2023: €4k
2024: €-3k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€99k-€92k▼ 7.2%€93k▲ 1.1%€81k▼ 13.4%€72k▼ 10.6%
Operating result€27k-€-5k€25k€7k▼ 70.9%€15k▲ 103%
Net result€12k-€-7k€11k€3k▼ 77.1%€6k▲ 156%
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 103% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €213k
Fixed assets
€135k ▼ 7.9%
Current assets
€78k ▼ 13.5%
Equity and liabilities €213k
Equity
€72k ▼ 10.6%
Debt
€141k ▼ 9.7%
Debt's share of the balance-sheet total rises from 65.9% to 66.1%. Equity and debt are lower.
Key figures and ratios
EBITDA
€31k▲
2024 · €28k
Cash flow
€23k▼
2024 · €23k
Current ratio
0.86▼
2024 · 0.97
Quick ratio
0.69▼
2024 · 0.79
Debt to equity
1.95▲
2024 · 1.93
ROE
8.9%▲
2024 · 3.1%
ROA
3.0%▲
2024 · 1.1%
Interest coverage
6.53▲
2024 · 4.96
Debt ≤ 1 year
€91k▼
2024 · €93k
Debt > 1 year
€50k▼
2024 · €63k
Income taxes
€4k
Staff costs
€201k▼
2024 · €210k
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 · 51 lines
Balance sheet
Code20242025
Assets
Total assets20/58€237k€213k▼
Fixed assets21/28€147k€135k▼
Tangible fixed assets22/27€144k€133k▼
Land and buildings22€97k€94k▼
Plant, machinery and equipment23€45k€38k▼
Furniture and vehicles24€2k€980▼
Financial fixed assets28€3k€2k▼
Current assets29/58€90k€78k▼
Stocks and contracts in progress3€16k€15k▼
Stocks30/36€16k€15k▼
Amounts receivable within one year40/41€38k€24k▼
Trade receivables40€25k€14k▼
Other amounts receivable41€13k€10k▼
Cash at bank and in hand54/58€36k€38k▲
Equity and liabilities
Total equity and liabilities10/49€237k€213k▼
Equity10/15€81k€72k▼
Contributions10/11€20k€20k=
Reserves13-€6k
Distributable reserves133-€6k
Profit (loss) carried forward14€60k€46k▼
Amounts payable17/49€156k€141k▼
Amounts payable after more than one year17€63k€50k▼
Financial debts170/4€63k€50k▼
Amounts payable within one year42/48€93k€91k▼
Current portion of amounts payable after more than one year42€47k€47k▼
Trade debts44€2k€17k▲
Suppliers440/4€2k€17k▲
Taxes, remuneration and social security45€28k€12k▼
Taxes450/3€11k€5k▼
Remuneration and social security454/9€17k€7k▼
Other amounts payable47/48€15k€15k▼
Income statement
Code20242025
Remuneration, social security and pensions62€210k€201k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€21k€16k▼
Other operating charges640/8€2k€6k▲
Non-recurring operating charges66A€176-
Gross operating margin9900€240k€238k▼
Operating profit (loss)9901€7k€15k▲
Financial income75/76B€794€109▼
Recurring financial income75€794€109▼
Financial charges65/66B€6k€5k▼
Recurring financial charges65€6k€5k▼
Profit (loss) for the period before taxes9903€3k€10k▲
Income taxes67/77-€4k
Profit (loss) for the period9904€3k€6k▲
Profit (loss) for the period to be appropriated9905€3k€6k▲
Appropriation of the result
Profit (loss) to be appropriated9906€75k€67k▼
Profit (loss) brought forward from the previous period14P€73k€60k▼
Transfer to equity691/2-€6k
To the legal reserve6920-€6k
Profit to be distributed694/7€15k€15k=
Return on contributions (dividend)694€15k€15k=
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
30-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
17-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
12-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 12 days late
2023
31-12
Financial
Back to profitnet €11k
Net result €11k after one loss-making year.
18-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 18 days late
2022
31-12
Financial
Weakest financial yearnet €-7k ▼161%
Net result drops to €-7k, the lowest in the series; recovery starts the following year.
10-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 10 days late
2021
16-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 16 days late
2020
31-12
Financial
Highest result since 2018net €39k ▲110%
Operating result €55k, net result €39k, both a record.
24-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 24 days late
2019
16-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 16 days late
2018
24-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 24 days late
2017
27-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 58 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Charleroi · 2 establishment units since 2013
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 du Cazier 116001 CharleroiGround area
344 m²
Building footprint
166 m²
Volume, LiDAR
1,537 m³
2 parcels, Wallonia · tallest building 10.8 m, ±3 floors. Linked by address, not a title deed.
2 establishment units
BAPH
since 20132.215.282.436
MINE D'OR
since 20222.327.920.123
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 52392C0642/00B003 | Wallonia | 190 m² | 1 · 94 m² | 10.8 m · 3 fl. |
| 52392C0644/00R000 | Wallonia | 154 m² | 1 · 72 m² | 9.9 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
2 sitesCharleroi2.215.282.436
Charleroi2.327.920.123
Similar companies · same sector, comparable size
INDIRA
BE 0463.487.081
Hoegaarden · Eq €72,145
Foodbar Mouline
BE 0715.968.975
Antwerpen · Eq €72,145
K.C CONCEPTS
BE 0772.467.913
Dilbeek · Eq €72,118
LA BONNE FOURCHETTE - Chez Toni
BE 0893.622.396
Erquelinnes · Eq €72,109
MAT-DECO
BE 0769.572.957
Ninove · Eq €72,222
Of 20,493 companies in sector 56111 we hold annual accounts for 11,461. 9,826 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
Founded13-12-2012
Fiscal year end31-12
Activities, NACEBEL 2025
56111Full-service restaurants
Sources
Crossroads Bank for EnterprisesNational Bank · 13 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.