Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 21 % of short-term debt in 2025; threshold 65 %.
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Legal situation KBO
Opening faillissement according to the CBE.
Financials
Financial year 2025
Basin ChemEco from Wingene, company number BE0403102504, closed financial year 2025 with a result of € -133,307 after tax. For that financial year Basin ChemEco recorded a gross margin of € 474,279 and equity of € 1.4 million. Compared with financial year 2024, the result moved from € -981,631 to € -133,307. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 25, 2026.
€ 1.4 million
▼ 9% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -133,307
▲ 86 % less loss than in 2024
Profit after tax over the fiscal year.
€ 109,683
▼ 34% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 1 million.
People and assets in 2025
7.8
▼ 0.6 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 418,422
▼ 6% vs 2024
€ 53,600 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 26,592
▲ 132% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 549,858
▼ 34% vs 2024
€ 64,208 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 141,157
▲ 43% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 743,881
▲ 1% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 655,801 | € 610,405 | € 268,866 | € 474,279 | ▲ 76% |
| Profit after taxes | € 35,999 | € 338 | € -981,631 | € -133,307 | ▲ € 848,324 |
| Equity | € 2,510,842 | € 2,511,180 | € 1,529,549 | € 1,396,242 | ▼ 9% |
| Total debts | € 1,040,918 | € 1,582,262 | € 1,673,345 | € 1,737,888 | ▲ 4% |
| Cash | € 65,733 | € 24,322 | € 166,329 | € 109,683 | ▼ 34% |
| Land & buildings | € 302,953 | € 305,911 | € 288,527 | € 271,183 | ▼ 6% |
| Retained profit | € 2,139,002 | € 2,139,340 | € 1,157,709 | € 1,024,402 | ▼ 12% |
| Bank debt | € 797,834 | € 764,765 | € 834,613 | € 549,858 | ▼ 34% |
| Balance sheet total | € 3,551,760 | € 4,093,442 | € 3,202,893 | € 3,134,130 | ▼ 2% |
| Employees (FTE) | - | 8.5 | 8.4 | 7.8 | ▼ 0.6 |
Key figures of Basin ChemEco, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to Basin ChemEco?
What happened at Basin ChemEco in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
Basin ChemEco is active according to the CBE. Legal situation: Opening faillissement.
- Bedrijfsadvies & Consulting BV stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 133,307. Source: NBB ↗
- Bedrijfsadvies & Consulting BV became a director. NBB
- Pedro Vanhoe stepped down as director. NBB
- Alain Goldstein stepped down as director. NBB
- Pedro Vanhoe became a director. NBB
- Alain Goldstein became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 35,999 profit in 2022 to € 133,307 loss in 2025.
Paid € 618,027 in corporate taxes since 2022.
Best year ever: 2022, with € 35,999 profit.
On average € 60,800 of value added per employee in 2025.
Management
Directors
According to the 2025 annual accounts
Bedrijfsadvies & Consulting BV
Director · represented by Peter Sergeant
since 2025 · until 2031
since 2025 · until 2025
Pedro Vanhoe
Director
since 2025 · until 2025
Establishments
Establishment units
Physical locations of this company
Gravestraat 7A
8750 Wingene
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0403.102.504
- VAT number
- BE 0403.102.504
- Registered office
- Gravestraat 7A, 8750 Wingene
- Names & denominations
- Basin ChemEco
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Opening faillissement
- Start date
- 1 January 1968
- Peppol
- Active · Active since 27 Aug 2023
- Activities · NACE
Vervaardiging van verf, vernis e.d., drukinkt en mastiek
Vervaardiging van verf, vernis ed, drukinkt en mastiek