Financials
Financial year 2025
BAGDAS from Sint-Agatha-Berchem, company number BE0446751712, closed financial year 2025 with a result of € -10,402 after tax. For that financial year BAGDAS recorded a gross margin of € 24,330 and equity of € 365,029. Compared with financial year 2024, the result moved from € 30,381 to € -10,402. 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 August 28, 2026.
€ 365,029
▼ 3% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -10,402
▼ still € 30,381 profit in 2024
Profit after tax over the fiscal year.
€ 167,433
▼ 7% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 334,043.
People and assets in 2025
€ 18,500
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 312,475
▼ 4% vs 2024
€ 13,279 is repaid this year. At this pace the long-term loan is gone in ≈ 24 years.
€ 5,737
▲ 131% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 8,906
▼ 42% 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 | € -38,941 | € -12,103 | € 65,600 | € 24,330 | ▼ 63% |
| Profit after taxes | € -71,949 | € -49,018 | € 30,381 | € -10,402 | ▼ € 40,783 |
| Equity | € 394,068 | € 345,050 | € 375,431 | € 365,029 | ▼ 3% |
| Total debts | € 405,686 | € 397,333 | € 393,205 | € 383,400 | ▼ 2% |
| Cash | € 143,963 | € 140,792 | € 179,370 | € 167,433 | ▼ 7% |
| Land & buildings | € 389,832 | € 370,360 | € 350,888 | € 327,600 | ▼ 7% |
| Retained profit | € 363,082 | € 314,064 | € 344,445 | € 334,043 | ▼ 3% |
| Bank debt | € 351,328 | € 338,716 | € 326,479 | € 312,475 | ▼ 4% |
| Balance sheet total | € 799,754 | € 742,383 | € 768,636 | € 748,429 | ▼ 3% |
Key figures of BAGDAS, 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 BAGDAS?
What happened at BAGDAS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- ADNAN BICEN stepped down as director. NBB
- SEIDA BICEN stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 10,402 (▼ € 40,783 vs 2024). filed late Source: NBB ↗
- ADNAN BICEN became a director. NBB
- SEIDA BICEN became a director. NBB
- New establishment in Sint-Agatha-Berchem. KBO
- Start of the company according to the CBE. KBO
In short
From € 71,949 loss in 2022 to € 10,402 loss in 2025.
Paid € 11,091 in corporate taxes since 2022.
Best year ever: 2024, with € 30,381 profit.
Management
Directors
According to the 2025 annual accounts
ADNAN BICEN
Managing director
since 2023 · until 2029
SEIDA BICEN
Director
since 2023 · until 2029
Establishments
Establishment units
Physical locations of this company
Dilbeekstraat 200
1082 Sint-Agatha-Berchem
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0446.751.712
- VAT number
- BE 0446.751.712
- Registered office
- Dilbeekstraat 200, 1082 Sint-Agatha-Berchem
- Names & denominations
- BAGDAS
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 19 February 1992
- Peppol
- Active · Active since 6 Feb 2026
- Activities · NACE
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