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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Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 5 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
BAHIA from Kortrijk, company number BE0434815069, closed financial year 2025 with a result of € 38,726 after tax. For that financial year BAHIA recorded a gross margin of € 267,964 and equity of € -61,234. Compared with financial year 2024, the result moved from € 51,914 to € 38,726. The company is profitable. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on November 17, 2025.
€ -61,234
▲ € 38,726 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 38,726
▼ 25% vs 2024
Profit after tax over the fiscal year.
€ 15,673
▼ 21% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € -110,813.
People and assets in 2025
€ 159,343
▼ 12% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 4,372
▼ 39% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 191,211
▲ 22% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 23,422
▼ 36% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 121,080 | € 277,722 | € 300,993 | € 267,964 | ▼ 11% |
| Profit after taxes | € 6,441 | € 54,055 | € 51,914 | € 38,726 | ▼ 25% |
| Equity | € -205,929 | € -151,875 | € -99,960 | € -61,234 | ▲ € 38,726 |
| Total debts | € 798,462 | € 709,153 | € 681,624 | € 665,954 | ▼ 2% |
| Cash | € 4,974 | € 13,848 | € 19,926 | € 15,673 | ▼ 21% |
| Land & buildings | € 479,508 | € 466,194 | € 503,992 | € 522,330 | ▲ 4% |
| Retained profit | € -255,508 | € -201,453 | € -149,539 | € -110,813 | ▲ € 38,726 |
| Balance sheet total | € 592,532 | € 557,278 | € 581,664 | € 604,719 | ▲ 4% |
| Employees (FTE) | 2.8 | - | - | - |
Key figures of BAHIA, 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 BAHIA?
What happened at BAHIA in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 38,726 (▼ 25% vs 2024). filed late Source: NBB ↗
- New establishment in Merbes-le-Château. KBO
- Start of the company according to the CBE. KBO
In short
From € 6,441 profit in 2022 to € 38,726 profit in 2025.
Paid € 5,809 in corporate taxes since 2022.
Best year ever: 2023, with € 54,055 profit.
On average € 43,200 of value added per employee in 2022.
Management
Behind BAHIA are Léonie BUSET, Liedavid NV and Olivier BUSET. Liedavid NV is also behind DABOMA. Olivier BUSET is also behind LIEDAVID, DABOMA and L&O Marketing & Management.
Directors
According to the 2025 annual accounts
Léonie BUSET
Director
Establishments
Establishment units
Physical locations of this company
Preshoekstraat(Mar) 130
8510 Kortrijk
Rue Fonds de nos Bois(F-V) 3
6567 Merbes-le-Château
Active since 24 October 2001
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0434.815.069
- VAT number
- BE 0434.815.069
- Registered office
- Preshoekstraat(Mar) 130, 8510 Kortrijk
- Names & denominations
- BAHIA
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 5 July 1988
- Peppol
- Active · Active since 28 Aug 2023
- Activities · NACE
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