Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 39 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
BASCO from Kortrijk, company number BE0439177495, closed financial year 2025 with a result of € 599,712 after tax. For that financial year BASCO recorded a gross margin of € -36,706 and equity of € 8.7 million. Compared with financial year 2024, the result moved from € -3,093 to € 599,712. Profitable, and profit is growing. 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 October 21, 2025.
€ 8.7 million
▼ 31% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 599,712
▲ still € 3,093 loss in 2024
Profit after tax over the fiscal year.
€ 35,398
▼ 30% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 4.5 million paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
0
Average over the fiscal year, from the social balance sheet.
Debts at end 2025
€ 249,167
▼ 31% vs 2024
€ 109,600 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 10,074
▼ 46% vs 2024
Supplier invoices still open on the last day of the fiscal year.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 30,410 | € -2,249 | € -32,647 | € -36,706 | ▼ € 4,058 |
| Profit after taxes | € -30,564 | € -52,212 | € -3,093 | € 599,712 | ▲ € 602,805 |
| Equity | € 15,043,147 | € 14,990,935 | € 12,564,140 | € 8,663,852 | ▼ 31% |
| Total debts | € 977,934 | € 1,542,625 | € 1,054,647 | € 5,365,483 | ▲ € 4.3 million |
| Cash | € 95,811 | € 15,314 | € 50,916 | € 35,398 | ▼ 30% |
| Retained profit | € 13,618,147 | € 13,565,935 | € 11,139,140 | € 7,238,852 | ▼ 35% |
| Dividend | € 0 | € 0 | € 2,423,702 | € 4,500,000 | ▲ 86% |
| Bank debt | € 0 | € 468,367 | € 358,767 | € 249,167 | ▼ 31% |
| Balance sheet total | € 16,021,081 | € 16,533,560 | € 13,618,788 | € 14,029,335 | ▲ 3% |
| Employees (FTE) | 1.2 | 0 | 0 | 0 |
Key figures of BASCO, 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 BASCO?
What happened at BASCO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Eddy Bayart stepped down as director. NBB
- Alpamax BV stepped down as director. NBB
- Mecoben BV stepped down as director. NBB
- Baya Invest BV stepped down as director. NBB
- Beatrijs Schurmans stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 599,712. Source: NBB ↗
- Alpamax BV became a director. NBB
- Eddy Bayart became a director. NBB
In short
From € 30,564 loss in 2022 to € 599,712 profit in 2025.
Paid € 12,618 in corporate taxes since 2022.
Best year ever: 2025, with € 599,712 profit.
On average € 25,300 of value added per employee in 2022.
A new publication or filing at BASCO? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
The stake of BAYA INVEST, MECOBEN, VINCENT BAYART, ALPAMAX comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
BASCOThe shares are held by BAYA INVEST (34.3%), MECOBEN (33.3%), VINCENT BAYART (33.3%) and ALPAMAX (33.3%). It owns 100% of Basco do Brasil administracao e participacoes ltda, 99.9% of Immo Basco and 8.5% of Cilo Itupeva itself.
Directors
According to the 2025 annual accounts
since 2024 · until 2029
since 2025 · until 2029
Managing director · represented by Benoit BAYART
Also active at: KORMETAL, YBAKOR, BAYART, IMMO BASCO
since 2024 · until 2029
since 2024 · until 2029
since 2024 · until 2029
Shareholders
Participations
Establishments
Establishment units
Physical locations of this company
Oudenaardsesteenweg(Kor) 367
8500 Kortrijk
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 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
- 0439.177.495
- VAT number
- BE 0439.177.495
- Registered office
- Oudenaardsesteenweg(Kor) 367, 8500 Kortrijk
- Names & denominations
- BASCO
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 4 December 1989
- Peppol
- Active · Active since 27 Mar 2026
- Activities · NACE
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