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BASCO

Active
Sur-Bailleu 13 ·6698 Vielsalm, Belgium
KBO/BCE: BE 0642.752.385
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Full dossier in preparation

Checked processes every Belgian company, act by act, from the Belgian Official Gazette. The data below is real and verified, this company's full, act-by-act verified dossier is still being assembled.

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Age10 yrs

Summary

Conclusion

the dossier summarised in one paragraph

The computed 12-month bankruptcy probability of BASCO is 0.3% (very low). The 2019 annual accounts show equity of €6k and a net result of €400. The company has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 2 annual accounts.

Bankruptcy probability (12 mo)

Checked model v1 · free for everyone
0.3% Very low
0%0,5%1,5%4%10%≥25%
Lower-risk legal form −Annual accounts: weaker financial profile +Lower-failure-rate sector −

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Signals

Insufficient current data: the most recent filed accounts (financial year 2019) are too old to derive current signals.

Filing behaviour

From the deposit records, complete market-wide
Annual accounts not filed
The financial year that closed on 31-12-2020 was due at the National Bank by 31-07-2021. Nothing is on record today, 1841 days later. 6 financial years are missing in total. Measured on financial year 2023: 41.75% of the companies that did not file are in an abnormal legal state today, against 1.66% of those that did.
Filed after the deadline
The financial year that closed on 31-12-2019 was due by 31-07-2020 and was filed on 26-08-2020, 26 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.
How we compute the deadline
The year end is derived from 4 filed financial years, each closing on 31-12. The statutory deadline is seven months after the close of the financial year (art. 3:10 par. 1 CAC, art. 3:47 par. 7 for ASBL and foundations). Applied to the financial year that closed on 31-12-2019, that is 31-07-2020.
Deadline per financial year
Year closed Due by Filed Variance Reference
31-12-2025 31-07-2026 nothing on record not filed -
31-12-2024 31-07-2025 nothing on record not filed -
31-12-2023 31-07-2024 nothing on record not filed -
31-12-2022 31-07-2023 nothing on record not filed -
31-12-2021 31-07-2022 nothing on record not filed -
31-12-2020 31-07-2021 nothing on record not filed -
31-12-2019 31-07-2020 26-08-2020 26 d late 2020-44900064
31-12-2018 31-07-2019 30-08-2019 30 d late 2019-62300237
31-12-2017 31-07-2018 24-08-2018 24 d late 2018-50900192
31-12-2016 31-07-2017 29-08-2017 29 d late 2017-55100299

Source: the National Bank's deposit records. Those records are complete, including for years whose figures we have not read yet. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.

Trust signals

2 signals
Established
Founded in 2015, 10 years in business.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.

Administrative Flags

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Financials

TurnoverNot published (abbreviated filing)
EBIT marginNot published (abbreviated filing)
Net result€400-91.4%
Working capital€-3k+27.1%

Annual accounts & ratios

Source: NBB · 2019
Annual accounts filed on 26-08-2020 with the NBB · fiscal year 2019 · micro
€-5k€-3k€0€3k€5kOperating result 2018: €-2k€-2kNet result 2018: €5k€5kOperating result 2019: €-3k€-3kNet result 2019: €400€40020182019
Operating resultNet result
EBITDA
€7k
-13.0% 18-19
Net profit
€400
-91.4% 18-19
Cash flow
€11k
-24.6% 18-19
Total assets
€59k
+48.1% 18-19
Equity
€6k
-39.8% 18-19
Working capital
€-3k
+27.1% 18-19
Income taxes
€269
+135.9% 18-19
Debt
€52k
+80.4% 18-19
Debt ≤ 1y
€24k
+18.0% 18-19
Debt > 1y
€28k
+236.0% 18-19
Current ratio
0.86
+11.4% 18-19
Quick ratio
0.59
+7.1% 18-19
Solvency
10.9%
-59.3% 18-19
Debt / equity
4.34
+457.9% 18-19
ROE
6.2%
-85.6% 18-19
ROA
0.7%
-94.2% 18-19
Figures by fiscal year
Fiscal year2019
Depositmicro
Revenue-
EBITDA€7k
Net profit€400
Cash flow€11k
Staff costs-
Income taxes€269
Dividends-
Total assets€59k
Equity€6k
Debt€52k
of which ≤ 1y€24k
of which > 1y€28k
Working capital€-3k
Employees (FTE)-
Ratios (computed)
2019
Current ratio0.86
Quick ratio0.59
Working capital ratio-5.9%
Solvency10.9%
Debt / equity4.34
Long-term debt ratio4.34
Interest coverage-
Gross margin-
Net margin-
ROA0.7%
ROE6.2%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2019
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2019
Balance sheet, Assets
TOTAL ASSETS 20/58€59k
Fixed assets 21/28€38k
Tangible fixed assets 22/27€38k
Current assets 29/58€21k
Stocks & contracts in progress 3€7k
Amounts receivable within one year 40/41€7k
Cash & bank 54/58€5k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€59k
Equity 10/15€6k
Contributions / capital 10/11€500
Reserves 13€6k
Accumulated profits (losses) 14€400
Amounts payable 17/49€52k
Amounts payable after one year 17€28k
Amounts payable within one year 42/48€24k
Trade debts payable within one year 44€300
Income statement
Gross operating margin 9900€8k
Operating result 9901€-3k
Financial income 75€148
Financial charges 65€720
Result before taxes 9903€-4k
Income taxes 67/77€269
Net result for the period 9904€-4k
Result to be appropriated 9905€-4k
This table shows the latest fiscal year. 1 prior year, with figures and ratios, belongs to a paid plan. See plans →
Ratios computed by Checked.

Health barometer

FY 2019 · computed
25 / 100 Weak
050100
Computed from 4 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.

See plans →
Computed by Checked from the NBB filing for FY 2019. Indicative, not credit advice.

Structure & network

Locations & real estate

Registered office

from the Crossroads Bank
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.

Sur-Bailleu 136698 Vielsalm

Establishment units

1 location
BASCO
Rue du Vieux-Marché 5, 6690 VielsalmVervaardiging van maatkleding
since 20152.247.972.228
Physical sites registered in the Crossroads Bank for Enterprises (CBE).

Publications

Lifecycle & Insolvency Signals

No insolvency signals in the Belgian State Gazette

Belgian State Gazette · acts

No structured acts for this company yet

That means one of two things: the company has published no company deeds, or its deeds are still queued for reading. The insolvency signals above come from a separate source; the KBO register is the second source and appears as the legal situation on this page.

Analysis

Snowflake analysis

financial profile on 5 axes
Health25Profitability31Solvency15Growth32Stability100
41 / 100

Fragile profile, watch solvency in particular.

All 5 axes are computed from data Checked has read.

Health 25
Profitability 31
Solvency 15
Growth 32
Stability 100

Credit advice

verdict per customer and amount

May this customer buy amount X on invoice? Enter the amount and the payment term. This page computes a GREEN, AMBER or RED verdict from them, with a suggested ceiling and concrete conditions.

Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.

Similar

Similar companies

Comparable size, same sector
We hold annual accounts for 1,818 of the 11,507 companies in this sector. 852 of them are within a factor 10 of this company's equity.

Company registry

Company registry (CBE)

Crossroads Bank
Activities
Ingenieurs en aanverwante technische adviseurs, exclusief landmeters71121Activiteiten van ingenieurs en aanverwante technische adviseurs, exclusief landmeters-experts71121
Primary activity highlighted.
Names & trade names
Legal nameFR BASCO
Registered office
Sur-Bailleu 13
6698 Vielsalm, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.