Checked.be
Inactive
BE 0732.667.922BV
BAZEY
Conclusion
The file of BAZEY contains 3 historical bankruptcy publications, as published in the Belgian State Gazette. The 2022 annual accounts show equity of €35k and a net result of €2k.
Based on the State Gazette, CBE and 2 annual accounts.
Key figures
| Equity | €35k |
| Net result | €2k |
| Publications | 3 |
Financial profile
64
/ 100
Strong profile, led by solvency.
Computed on 4 of 5 axes. Not measured: stability. An unmeasured axis is not a zero: no data was read for it.
Health
78
Profitability
25
Solvency
100
Growth
52
Stability
-
Bankruptcy probability (12 mo)
The incorporation date is not known in the registry, so we cannot make a reliable estimate.
Risk Assessment
20 / 100
Moderate riskComponents
· 3 historical bankruptcy publications (+20)
Trust signals
Prior bankruptcy
Earlier bankruptcy on record in the Belgian State Gazette, no current open procedure.
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.
Checked score
78
/ 100
Excellent
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.
Score history
85
2021
78
2022
purely financial, excl. current insolvency signals
Score components
Liquidity
Current ratio 9.98 (≥ 1.5)
+10
Quick ratio
Quick ratio 9.42 (≥ 1.0)
+5
Leverage
Debt/equity 0.11 (< 1.0)
+10
Profitability
ROE 5%
+3
Profit trend
Net profit down YoY
-3
Equity growth
Equity growing YoY
+3
Computed by Checked from the NBB filing for FY 2022. Indicative, not credit advice.
Financial overview
Annual accounts filed on 24-07-2023 with the NBB · fiscal year 2022 · micro schema
€2k
-95.8%
21-22
€39k
+6.2%
21-22
€35k
+5.2%
21-22
€35k
+5.2%
21-22
€4k
-
21-22
€4k
+16.9%
21-22
€4k
+16.9%
21-22
9.98
-9.1%
21-22
9.42
-9.2%
21-22
90.0%
-1.0%
21-22
0.11
+11.2%
21-22
4.9%
-96.0%
21-22
4.4%
-96.0%
21-22
Figures by fiscal year and ratios
| Fiscal year | 2022 | 2021 |
|---|---|---|
| Deposit | micro schema | micro schema |
| Revenue | - | - |
| EBITDA | - | - |
| Net profit | €2k | €41k |
| Cash flow | - | - |
| Staff costs | - | - |
| Income taxes | €4k | - |
| Dividends | - | - |
| Total assets | €39k | €37k |
| Equity | €35k | €33k |
| Debt | €4k | €3k |
| of which ≤ 1y | €4k | €3k |
| of which > 1y | - | - |
| Working capital | €35k | €33k |
| Employees (FTE) | - | - |
Ratios (computed)
| 2022 | 2021 | |
|---|---|---|
| Current ratio | 9.98 | 10.98 |
| Quick ratio | 9.42 | 10.38 |
| Working capital ratio | 90.0% | 90.9% |
| Solvency | 90.0% | 90.9% |
| Debt / equity | 0.11 | 0.10 |
| Long-term debt ratio | - | - |
| Interest coverage | - | - |
| Gross margin | - | - |
| Net margin | - | - |
| ROA | 4.4% | 111.3% |
| ROE | 4.9% | 122.4% |
| EBITDA margin | - | - |
| Days sales outstanding | - | - |
| Days payable outstanding | - | - |
| Inventory turnover | - | - |
| Days inventory (DSI) | - | - |
Balance-sheet composition 2022
Full annual accounts (19 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2022 | 2021 |
|---|---|---|---|
| Balance sheet, Assets | |||
| TOTAL ASSETS | 20/58 | €39k | €37k |
| Current assets | 29/58 | €39k | €37k |
| Stocks & contracts in progress | 3 | €2k | €2k |
| Amounts receivable within one year | 40/41 | €11k | €18k |
| Cash & bank | 54/58 | €25k | €17k |
| Balance sheet, Equity & liabilities | |||
| TOTAL EQUITY & LIABILITIES | 10/49 | €39k | €37k |
| Equity | 10/15 | €35k | €33k |
| Contributions / capital | 10/11 | €100 | €100 |
| Accumulated profits (losses) | 14 | €35k | €33k |
| Amounts payable | 17/49 | €4k | €3k |
| Amounts payable within one year | 42/48 | €4k | €3k |
| Trade debts payable within one year | 44 | €1k | €671 |
| Income statement | |||
| Gross operating margin | 9900 | €8k | €43k |
| Operating result | 9901 | €6k | €41k |
| Financial charges | 65 | €368 | €144 |
| Result before taxes | 9903 | €6k | €41k |
| Income taxes | 67/77 | €4k | - |
| Net result for the period | 9904 | €2k | €41k |
| Result to be appropriated | 9905 | €2k | €41k |
Directors & mandates
| Role | Name | Tenure |
|---|---|---|
| Curator | WIM HEETHEM WATERLOOSESTEENWEG 412/F,
1050 BRUSSEL 5 |
27-05-2025 → present |
Legal Structure
| NACE primary | - |
| Legal form | BV |
| Incorporation | - |
| Status | Inactive |
| Postal code | - |
| First insolvency signal | 07-05-2025 |
| Latest insolvency signal | 02-09-2026 |
Updates
2026
02-09
Bankruptcy
Bankruptcy closure (insufficient assets)
Ondernemingsrechtbank Brussel · BAZEY BV DORPSSTRAAT 51, 1640 SINT-GENESIUS-RODE · event 25-08-2026
2025
10-06
Bankruptcy
Opening
Ondernemingsrechtbank Brussel · BAZEY BV DORPSSTRAAT 51, 1640 SINT-GENESIUS-RODE · event 27-05-2025
07-05
Bankruptcy
Judicial dissolution
Ondernemingsrechtbank Brussel · van: BAZEY BV- DORPSSTRAAT 51, 1640 SINT-GENESIUS-RODE
2023
24-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
21-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 52 days late
SignalNBB filing
Lifecycle & Insolvency Signals
02-09-2026
Bankruptcy
Bankruptcy closure (insufficient assets)
10-06-2025
Bankruptcy
Opening
07-05-2025
Bankruptcy
Judicial dissolution
Time machine, BS events + macro context
Macro context
2020-Q2/Q3 COVID lockdown
2022 energy crisis
2023-2024 ECB rate hikes
Legend
Bankruptcy
Interim / reorg
KBO event
Belgian State Gazette reading coverage
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
Credit advice