Mathieu Baert · Checked.be

Summary

Conclusion

the dossier summarised in one paragraph

The computed 12-month bankruptcy probability of Mathieu Baert is 0.6% (low). The 2021 annual accounts show equity of €59k and a net result of €58k. The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 1 annual account.

Filing behaviour

From the deposit records, complete market-wide

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-03-2026, 123 days ahead of the deadline. This speaks to administrative punctuality and says nothing about the financial position.

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.

How we compute the deadline

The year end is derived from 5 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 31-12-2025, that is 31-07-2026.

Deadline per financial year

Year closed	Due by	Filed	Variance	Reference
31-12-2025	31-07-2026	30-03-2026	123 d early	2026-00065213
31-12-2024	31-07-2025	16-06-2025	45 d early	2025-00139891
31-12-2023	31-07-2024	14-06-2024	47 d early	2024-00129101
31-12-2022	31-07-2023	18-06-2023	43 d early	2023-00133930
31-12-2021	31-07-2022	23-06-2022	38 d early	2022-20085240

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

More than 3 years active

Founded in 2020, past the statistically most fragile first 3 years.

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.

Bankruptcy probability (12 mo)

Checked model v1 · free for everyone

0.6% Low

0%0,5%1,5%4%10%≥25%

Lower-failure-rate sector −Young company +Annual accounts: weaker financial profile +

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

Financials

TurnoverNot published (abbreviated filing)

EBIT marginNot published (abbreviated filing)

Net result€58k

Working capital€51k

CSV export

Annual accounts & ratios

Source: NBB · 2021

Annual accounts filed on 30-03-2026 with the NBB · fiscal year 2025 · micro

Highlight YoY changes (±10%)

Fiscal year	2021
Deposit	micro
Revenue	-
EBITDA	€77k
Net profit	€58k
Cash flow	€61k
Staff costs	-
Income taxes	€16k
Dividends	€800
Total assets	€82k
Equity	€59k
Debt	€23k
of which ≤ 1y	€22k
of which > 1y	-
Working capital	€51k
Employees (FTE)	-

Ratios (computed)

	2021
Current ratio	3.35
Quick ratio	3.35
Working capital ratio	62.6%
Solvency	72.3%
Debt / equity	0.38
Long-term debt ratio	-
Interest coverage	5856.94
Gross margin	-
Net margin	-
ROA	70.8%
ROE	98.0%
EBITDA margin	-
Days sales outstanding	-
Days payable outstanding	-
Inventory turnover	-
Days inventory (DSI)	-

Balance-sheet composition 2021

Assets

Fixed assets €9k · 10.8% Current assets €73k · 89.2%

Equity & liabilities

Equity €59k · 72.3% Debt €23k · 27.7%

Full annual accounts (21 line items)

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2021
Balance sheet, Assets
TOTAL ASSETS	20/58	€82k
Fixed assets	21/28	€9k
Tangible fixed assets	22/27	€9k
Current assets	29/58	€73k
Amounts receivable within one year	40/41	€151
Cash & bank	54/58	€72k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€82k
Equity	10/15	€59k
Contributions / capital	10/11	€2k
Reserves	13	€57k
Amounts payable	17/49	€23k
Amounts payable within one year	42/48	€22k
Trade debts payable within one year	44	€1k
Income statement
Gross operating margin	9900	€79k
Operating result	9901	€74k
Financial income	75	€0
Financial charges	65	€13
Result before taxes	9903	€74k
Income taxes	67/77	€16k
Net result for the period	9904	€58k
Result to be appropriated	9905	€58k

Ratios computed by Checked.

Health barometer

FY 2021 · computed

93 / 100 Excellent

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 2021. Indicative, not credit advice.

Structure & network

Locations & real estate

Registered office

on the map · from the address register

exact location from the address register On OpenStreetMap

Establishment units

1 location

Ijzertijdhof 911, 9000 Gent

Activiteiten van advocaten

since 20202.308.190.422

Physical sites registered in the Crossroads Bank for Enterprises (CBE).

Parcels1

Ground area318 m²

Buildings1

Building footprint146 m²

Volume (LiDAR)752 m³

Tallest building11.2 m · ±1 fl.

Real-estate footprint

Source: CBE × cadastre · address linking

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 1 (100%)