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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Tight liquidity NBB
Cash and receivables cover 41 % of short-term debt in 2024; threshold 65 %.
Financials
Financial year 2024
BADEX from Namur, company number BE0458133572, closed financial year 2024 with a result of € 28,300 after tax. For that financial year BADEX recorded a gross margin of € 2.2 million and equity of € 337,608. Compared with financial year 2023, the result moved from € 111,151 to € 28,300. The company is profitable. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on August 28, 2025.
€ 337,608
▲ 9% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 28,300
▼ 75% vs 2023
Profit after tax over the fiscal year.
€ 9,624
▲ 14% vs 2023
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2024. Retained profit grew to € 275,635.
People and assets in 2024
38.2
▲ 2.1 vs 2023
Average over the fiscal year, from the social balance sheet.
€ 2 million
▲ 7% vs 2023
€ 51,600 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.
€ 104,121
▼ 10% vs 2023
Of which on lease € 3,697.
Debts at end 2024
€ 222,339
▼ 31% vs 2023
€ 26,963 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 322,029
▲ 27% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 450,852
▲ 13% vs 2023
Taxes, VAT and social contributions still to pay.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 1,945,902 | € 1,543,750 | € 2,032,043 | € 2,164,019 | ▲ 6% |
| Profit after taxes | € 279,254 | € -221,731 | € 111,151 | € 28,300 | ▼ 75% |
| Equity | € 419,888 | € 198,157 | € 309,308 | € 337,608 | ▲ 9% |
| Total debts | € 798,678 | € 1,060,791 | € 1,036,973 | € 1,094,993 | ▲ 6% |
| Cash | € 128,307 | € 183,748 | € 8,437 | € 9,624 | ▲ 14% |
| Retained profit | € 357,915 | € 136,184 | € 247,335 | € 275,635 | ▲ 11% |
| Bank debt | € 221,057 | € 311,096 | € 320,476 | € 222,339 | ▼ 31% |
| Balance sheet total | € 1,218,566 | € 1,258,948 | € 1,346,281 | € 1,432,601 | ▲ 6% |
| Employees (FTE) | 38.4 | 38.5 | 36.1 | 38.2 | ▲ 2.1 |
Key figures of BADEX, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to BADEX?
What happened at BADEX in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 28,300 (▼ 75% vs 2023). filed late Source: NBB ↗
- New establishment in Fontaine-l'Evêque. KBO
- New establishment in Couvin. KBO
- New establishment in Philippeville. KBO
- New establishment in Florennes. KBO
- New establishment in Chimay. KBO
- New establishment in Sambreville. KBO
- New establishment in Ans. KBO
In short
From € 279,254 profit in 2021 to € 28,300 profit in 2024.
Paid € 80,775 in corporate taxes since 2021.
Best year ever: 2021, with € 279,254 profit.
On average € 56,600 of value added per employee in 2024.
A new publication or filing at BADEX? 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
Behind BADEX are David BARATTUCCI, Emmanuel BARATTUCCI, Nicola BARATTUCCI and d'Eletto CONCETTA. The shares are held by NICO HOLDING (99.9%).
Directors
According to the 2024 annual accounts
David BARATTUCCI
Director
Emmanuel BARATTUCCI
Director
Nicola BARATTUCCI
Director
d'Eletto CONCETTA
Director
Shareholders
99.9%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Rue des Brasseurs 14
5000 Namur
Chaussée de Louvain 57 box 4
5310 Eghezée
Active since 5 July 1996
Chaussée de Namur 85 A
5170 Profondeville
Active since 9 February 1999
Avenue de la Libération 29
5660 Couvin
Active since 1 January 2014
Rue de Namur 43
5600 Philippeville
Active since 1 January 2014
Rue du Chapitre 20
5620 Florennes
Active since 1 January 2014
Rue Maurice Gauchez(CH) 3A
6460 Chimay
Active since 1 January 2014
Rue Roi Albert(TAM) 64
5060 Sambreville
Active since 1 January 2014
Chaussée du Roi Albert 2
4431 Ans
Active since 1 January 2014
Rue de Flémalle-Grande(FLG) 5
4400 Flémalle
Active since 1 January 2014
Rue Puits-en-Sock 130
4020 Liège
Active since 1 January 2014
Rue de Huy 34
4300 Waremme
Active since 1 January 2014
Avenue Reine Astrid 18 box 20
4500 Huy
Active since 1 January 2014
Rue des Crocheux(F-E) 5
6140 Fontaine-l'Evêque
Active since 1 July 2015
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0458.133.572
- VAT number
- BE 0458.133.572
- Registered office
- Rue des Brasseurs 14, 5000 Namur
- Names & denominations
- BADEX
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 21 June 1996
- Peppol
- Active · Active since 9 Apr 2025
- Activities · NACE
Activiteiten van auto- en motorrijscholen
Autorijscholen