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 64 % of short-term debt in 2025; threshold 65 %.
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Figures corrected NBB
Corrected annual account filed for 2022.
Financials
Financial year 2025
BAW from Wevelgem, company number BE0425501782, closed financial year 2025 with a result of € -28,387 after tax. For that financial year BAW recorded a gross margin of € 10,343 and equity of € 77,683. Compared with financial year 2024, the result moved from € -30,077 to € -28,387. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on October 30, 2025.
€ 77,683
▼ 27% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -28,387
▲ 6 % less loss than in 2024
Profit after tax over the fiscal year.
€ 27,020
▼ 72% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -28,317.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 359
No payroll staff. An amount this small is usually a social contribution or pension premium for the director, booked under staff costs.
€ 31,024
▼ 31% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 99,759
▼ 11% vs 2024
€ 11,330 is repaid this year. At this pace the long-term loan is gone in ≈ 9 years.
€ 2,780
▼ 54% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 2,228
▼ 19% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 20,847 | € 47,703 | € 5,224 | € 10,343 | ▲ 98% |
| Profit after taxes | € -5,649 | € 13,235 | € -30,077 | € -28,387 | ▲ € 1,690 |
| Equity | € 122,912 | € 136,147 | € 106,070 | € 77,683 | ▼ 27% |
| Total debts | € 236,059 | € 225,270 | € 211,013 | € 144,627 | ▼ 31% |
| Cash | € 102,857 | € 119,609 | € 97,712 | € 27,020 | ▼ 72% |
| Land & buildings | € 153,239 | € 149,404 | € 151,036 | € 143,115 | ▼ 5% |
| Retained profit | € 16,912 | € 30,147 | € 70 | € -28,317 | ▼ € 28,387 |
| Bank debt | € 134,730 | € 123,238 | € 111,582 | € 99,759 | ▼ 11% |
| Balance sheet total | € 358,971 | € 361,417 | € 317,084 | € 222,310 | ▼ 30% |
Key figures of BAW, 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 October 2026.
What happened to BAW?
What happened at BAW in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 28,387. Source: NBB ↗
- New establishment in Wevelgem. KBO
- Hubert De Ly became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 5,649 loss in 2022 to € 28,387 loss in 2025.
Paid € 103 in corporate taxes since 2022.
Best year ever: 2023, with € 13,235 profit.
Management
Behind BAW is Hubert De Ly.
Directors
According to the 2025 annual accounts
Hubert De Ly
Director
since 1984
Establishments
Establishment units
Physical locations of this company
Kortrijkstraat 377
8560 Wevelgem
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0425.501.782
- VAT number
- BE 0425.501.782
- Registered office
- Kortrijkstraat 377, 8560 Wevelgem
- Names & denominations
- BAW · Best-Auto's
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 5 March 1984
- Peppol
- Active · Active since 30 Oct 2025
- Activities · NACE
Algemeen onderhoud en reparatie van auto's en lichte bestelwagens (<= 3,5 ton)
Onderhoud en reparatie van auto's
Algemeen onderhoud en reparatie van auto's en lichte bestelwagens (= 3,5 ton)
Detailhandel in auto's en lichte bestelwagens (<= 3,5 ton)
Detailhandel in motorvoertuigen
Detailhandel in auto's en lichte bestelwagens (= 3,5 ton)