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.
Financials
Financial year 2025
BAYARD development from Theux, company number BE0543343025, closed financial year 2025 with a result of € 383,797 after tax. For that financial year BAYARD development recorded revenue of € 25,340 and equity of € -62,032. Compared with financial year 2024, the result moved from € -92,939 to € 383,797. Profitable, and profit is growing. 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 July 29, 2026.
€ -62,032
▲ € 383,797 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 383,797
▲ still € 92,939 loss in 2024
Profit after tax over the fiscal year.
€ 4,915
▲ 148% 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 € -167,032.
Debts at end 2025
€ 26,299
▼ 88% vs 2024
Loans from banks and other lenders, long and short.
€ 13,443
▼ 92% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 971
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 97,933 | € 65,874 | € 62,441 | € 25,340 | ▼ 59% |
| Gross margin | € 25,368 | € -4,541 | € 4,309 | € 439,312 | ▲ € 435,004 |
| Profit after taxes | € -70,225 | € -98,402 | € -92,939 | € 383,797 | ▲ € 476,736 |
| Equity | € -254,488 | € -352,889 | € -445,829 | € -62,032 | ▲ € 383,797 |
| Total debts | € 772,141 | € 938,269 | € 960,142 | € 131,079 | ▼ 86% |
| Cash | € 345 | € 10,521 | € 1,980 | € 4,915 | ▲ 148% |
| Land & buildings | € 390,303 | € 382,219 | € 350,322 | € 0 | ▼ 100% |
| Retained profit | € -359,488 | € -457,889 | € -550,829 | € -167,032 | ▲ € 383,797 |
| Bank debt | € 292,138 | € 246,824 | € 214,894 | € 26,299 | ▼ 88% |
| Balance sheet total | € 517,653 | € 585,379 | € 514,313 | € 69,047 | ▼ 87% |
Key figures of BAYARD development, 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 BAYARD development?
What happened at BAYARD development in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 383,797. Source: NBB ↗
- New establishment in Theux. KBO
- Start of the company according to the CBE. KBO
In short
From € 70,225 loss in 2022 to € 383,797 profit in 2025.
Best year ever: 2025, with € 383,797 profit.
Establishments
Establishment units
Physical locations of this company
Devant Staneux 29
4910 Theux
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 4 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
- 0543.343.025
- VAT number
- BE 0543.343.025
- Registered office
- Devant Staneux 29, 4910 Theux
- Names & denominations
- BAYARD development
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 17 December 2013
- Peppol
- Active · Active since 10 Feb 2026
- Activities · NACE
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