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BASING

Active
Private limited companyfounded 20206 yrs activeHeyvaertstraat 29, 1080 Sint-Jans-Molenbeek, BelgiumKBO/BCE: BE 0744.398.190
Summary

The computed 12-month bankruptcy probability of BASING is 1.5% (moderate). The 2024 annual accounts show equity of €26k and a net result of €6k. Equity is growing by ~6.1% per year across the filed fiscal years. Its solvency ranks better than 64% of 9517 sector peers (fiscal year 2024). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2024
Axes · tick = 2023
Profitability88▲+20
Solvency90▼-1
Growth52=
Track record100
Bankruptcy probability, 12 months
1.5% Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days acceptable
Liquidity ample (current ratio 2.71 against 2.87 in 2023; short-term debt: 34.6% and cash: 85.8% of total assets), and 34.6% of the assets are financed with debt.
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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 6 years 0 10 y
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 82
Relative position
BE, all sectors
reference
Office administrative, office support and other business support activities (NACE 82)
about 37% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024
Solvency, return and age of the figures
Solvency
65.4%
Return on assets
15.3%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 25-08-2025, 25 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.
NBB · 5 filings
Deviation from the deadline
2025
not confirmed
2024
25 d late
2023
27 d early
2022
11 d early
2021
29 d late
2020
24 d late
← before the deadline after the deadline →
Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2024, micro schema

Equity
€26k▼ 0.3%
2023 · €26k
2020: €13klowest in 5 years 2021: €26k▲ +98.6% vs 2020 2022: €32k▲ +22.6% vs 2021highest in 5 years 2023: €26k▼ -18.5% vs 2022 2024: €26k▼ -0.3% vs 2023
2020 → 2024
Total assets
€40k▲ 1.3%
2023 · €40k
2020: €25klowest in 5 years 2021: €38k▲ +53.7% vs 2020 2022: €40k▲ +4.1% vs 2021 2023: €40k● -0.0% vs 2022 2024: €40k▲ +1.3% vs 2023highest in 5 years
2020 → 2024
Net result
€6k
2023 · €-126
2020: €10k 2021: €13k▲ +27.2% vs 2020highest in 5 years 2022: €6k▼ -54.4% vs 2021 2023: €-126▼ -102% vs 2022lowest in 5 years 2024: €6k▲ +4996% vs 2023
2020 → 2024
Working capital
€24k▼ 4.6%
2023 · €25k
2020: €14klowest in 5 years 2021: €26k▲ +80.2% vs 2020 2022: €31k▲ +19.4% vs 2021highest in 5 years 2023: €25k▼ -19.9% vs 2022 2024: €24k▼ -4.6% vs 2023
2020 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20202021202220232024Trend
Equity€13k-€26k▲ 98.6%€32k▲ 22.6%€26k▼ 18.5%€26k▼ 0.3% 2020: €13klowest in 5 years 2021: €26k▲ +98.6% vs 2020 2022: €32k▲ +22.6% vs 2021highest in 5 years 2023: €26k▼ -18.5% vs 2022 2024: €26k▼ -0.3% vs 2023
Operating result€12k-€15k▲ 26.9%€8k▼ 47.9%€-38€8k 2020: €12k 2021: €15k▲ +26.9% vs 2020highest in 5 years 2022: €8k▼ -47.9% vs 2021 2023: €-38▼ -100% vs 2022lowest in 5 years 2024: €8k▲ +20011% vs 2023
Net result€10k-€13k▲ 27.2%€6k▼ 54.4%€-126€6k 2020: €10k 2021: €13k▲ +27.2% vs 2020highest in 5 years 2022: €6k▼ -54.4% vs 2021 2023: €-126▼ -102% vs 2022lowest in 5 years 2024: €6k▲ +4996% vs 2023
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-5k€0€5k€10k€15kOperating result 2020: €12k€12kNet result 2020: €10k€10kOperating result 2021: €15k€15kNet result 2021: €13k€13kOperating result 2022: €8k€8kNet result 2022: €6k€6kOperating result 2023: €-38€-38Net result 2023: €-126€-126Operating result 2024: €8k€8kNet result 2024: €6k€6k20202021202220232024€-2k€0€2k€4k€6k€8kOperating result 2022: €8k€7.9kNet result 2022: €6k€6kOperating result 2023: €-38€-38Net result 2023: €-126€-126Operating result 2024: €8k€7.6kNet result 2024: €6k€6.2k202220232024
The operating result returns to profit in 2024: €8k after a loss of €38 in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €40k
Fixed assets €3k ▲ 71.3%
Current assets €38k ▼ 1.5%
Equity and liabilities €40k
Equity €26k ▼ 0.3%
Debt €14k ▲ 4.3%
Debt's share of the balance-sheet total rises from 33.6% to 34.6%. Equity is lower and debt is higher.
Key figures and ratios
2024 value · change against 2023
EBITDA
€9k▲
2023 · €703
Cash flow
€8k▲
2023 · €615
Current ratio
2.71▼
2023 · 2.87
Debt to equity
0.53▲
2023 · 0.50
ROE
23.4%▲
2023 · -0.5%
ROA
15.3%▲
2023 · -0.3%
Interest coverage
87.42▲
2023 · 7.99
Debt ≤ 1 year
€14k▲
2023 · €13k
Income taxes
€1k
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 · 2024 against 2023 · 35 lines
Balance sheet Code20232024
Assets
Total assets20/58€40k€40k▲
Fixed assets21/28€1k€3k▲
Intangible fixed assets21€1k€3k▲
Current assets29/58€38k€38k▼
Amounts receivable within one year40/41€4k€3k▼
Trade receivables40€4k€2k▼
Other amounts receivable41-€406
Cash at bank and in hand54/58€33k€35k▲
Deferred charges and accrued income490/1€455€491▲
Equity and liabilities
Total equity and liabilities10/49€40k€40k▲
Equity10/15€26k€26k▼
Contributions10/11€3k€3k=
Profit (loss) carried forward14€23k€23k▼
Amounts payable17/49€13k€14k▲
Amounts payable within one year42/48€13k€14k▲
Trade debts44€1k€1k▲
Suppliers440/4€1k€1k▲
Taxes, remuneration and social security45€3k€3k▼
Taxes450/3€3k€3k▼
Other amounts payable47/48€9k€9k▲
Income statement Code20232024
Remuneration, social security and pensions62€114-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€741€1k▲
Other operating charges640/8€384€595▲
Gross operating margin9900€1k€10k▲
Operating profit (loss)9901€-38€8k▲
Financial charges65/66B€88€103▲
Recurring financial charges65€88€103▲
Profit (loss) for the period before taxes9903€-126€7k▲
Income taxes67/77-€1k
Profit (loss) for the period9904€-126€6k▲
Profit (loss) for the period to be appropriated9905€-126€6k▲
Appropriation of the result
Profit (loss) to be appropriated9906€29k€30k▲
Profit (loss) brought forward from the previous period14P€29k€23k▼
Profit to be distributed694/7€6k€6k▲
Return on contributions (dividend)694€6k€6k▲

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Accounts by statement
Line20202021202220232024Change
Remuneration, social security and pensions62-€23k€14k€114--
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630--€36€741€1k▲ 94.1%
Other operating charges640/8-€348€671€384€595▲ 54.9%
Gross operating margin9900€23k€38k€22k€1k€10k▲ 699%
Operating profit (loss)9901€12k€15k€8k€-38€8k▲ 20,011%
Financial charges65/66B-€326€236€88€103▲ 17.0%
Recurring financial charges65€268€326€236€88€103▲ 17.0%
Profit (loss) for the period before taxes9903€12k€15k€8k€-126€7k▲ 6,023%
Income taxes67/77€1k€2k€2k-€1k-
Profit (loss) for the period9904€10k€13k€6k€-126€6k▲ 4,996%
Profit (loss) for the period to be appropriated9905€10k€13k€6k€-126€6k▲ 4,996%
Line20202021202220232024Change
Assets
Total assets20/58€25k€38k€40k€40k€40k▲ 1.3%
Fixed assets21/28€375€375€1k€1k€3k▲ 71.3%
Intangible fixed assets21--€1k€1k€3k▲ 71.3%
Financial fixed assets28€375€375----
Current assets29/58€24k€38k€38k€38k€38k▼ 1.5%
Amounts receivable within one year40/41€5k€4k€2k€4k€3k▼ 40.8%
Trade receivables40-€4k€2k€4k€2k▼ 49.9%
Other amounts receivable41----€406-
Cash at bank and in hand54/58€20k€33k€36k€33k€35k▲ 3.7%
Deferred charges and accrued income490/1-€534€437€455€491▲ 7.9%
Equity and liabilities
Total equity and liabilities10/49€25k€38k€40k€40k€40k▲ 1.3%
Equity10/15€13k€26k€32k€26k€26k▼ 0.3%
Contributions10/11-€3k€3k€3k€3k=
Profit (loss) carried forward14€10k€23k€29k€23k€23k▼ 0.3%
Amounts payable17/49€12k€12k€7k€13k€14k▲ 4.3%
Amounts payable within one year42/48€10k€12k€7k€13k€14k▲ 4.3%
Trade debts44€3k€3k€1k€1k€1k▲ 10.3%
Suppliers440/4-€3k€1k€1k€1k▲ 10.3%
Taxes, remuneration and social security45-€6k€3k€3k€3k▼ 6.5%
Taxes450/3-€6k€3k€3k€3k▼ 6.5%
Other amounts payable47/48-€2k€3k€9k€9k▲ 7.7%
Line20202021202220232024Change
Profit (loss) for the period9904€10k€13k€6k€-126€6k▲ 4,996%
+ Depreciation and write-downs630--€36€741€1k▲ 94.1%
Operating cash flow (approximation)€10k€13k€6k€615€8k▲ 1,137%
Investment in fixed assets (approximation)-€0€-952€-940€-3k▼ 166%
Change in cash-€14k€3k€-3k€1k▲ 142%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2025
25-08
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 25 days late
2024
31-12
Financial Back to profitnet €6k
Net result €6k after one loss-making year.
04-07
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial Weakest financial yearnet €-126
Net result drops to €-126, the lowest in the series; recovery starts the following year.
20-07
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
29-08
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 29 days late
2021
31-12
Financial Highest result since 2020net €13k ▲27.2%
Operating result €15k, net result €13k, both a record.
24-08
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 24 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts

We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
2 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, Sint-Jans-Molenbeek · 1 establishment unit since 2020
seat establishment The establishment unit on the map
Ground area
4,993 m²
Building footprint
650 m²
Volume, LiDAR
10,030 m³
Parcel 21523B0948/00G007, Brussels · tallest building 18.0 m, ±5 floors. Linked by address, not a title deed.
6 companies at this address See who is registered here
1 establishment unit
Heyvaertstraat 29, 1080 Sint-Jans-Molenbeek
Painting of buildings
since 20202.300.257.505
1 parcel
Brussels 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21523B0948/00G007 Brussels 4,993 m² 1 · 650 m² 18.0 m · 5 fl.
Linked by address, not proof of ownership
Good to know
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

Of 4,571 companies in sector 82300 we hold annual accounts for 1,672. 1,167 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded24-02-2020
Fiscal year end31-12
Activities, NACEBEL 2025
82300Organisation of conventions and trade shows
43341Painting of buildings
43342Specialised construction activities
43350Other building finishing work
96999Other personal services

Scores and ratios are computed by Checked and are not a credit decision.