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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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 2 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
BAFI from Kruisem, company number BE0676702385, closed financial year 2025 with a result of € -12,853 after tax. For that financial year BAFI recorded a gross margin of € -3,214 and equity of € 7,691. Compared with financial year 2024, the result moved from € -4,371 to € -12,853. The company made a loss. The buffer shrank hard: equity is 63 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on February 6, 2026.
€ 7,691
▼ 63% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -12,853
▼ 194 % more loss than in 2024
Profit after tax over the fiscal year.
€ 2,721
▲ 57% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -42,309.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 49,872
▲ € 44,662 vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -1,609 | € -1,509 | € 500 | € -3,214 | ▼ € 3,714 |
| Profit after taxes | € -8,178 | € 9,515 | € -4,371 | € -12,853 | ▼ € 8,482 |
| Equity | € 15,400 | € 24,916 | € 20,545 | € 7,691 | ▼ 63% |
| Total debts | € 10,311 | € 11,438 | € 81,210 | € 314,765 | ▲ 288% |
| Cash | € 711 | € 36,353 | € 1,734 | € 2,721 | ▲ 57% |
| Retained profit | € -34,600 | € -25,084 | € -29,455 | € -42,309 | ▼ € 12,853 |
| Balance sheet total | € 25,711 | € 36,353 | € 101,755 | € 322,456 | ▲ 217% |
Key figures of BAFI, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to BAFI?
What happened at BAFI in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 12,853. filed late Source: NBB ↗
- Filip Maes became a director. NBB
- Bart Stragier became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 8,178 loss in 2022 to € 12,853 loss in 2025.
Best year ever: 2023, with € 9,515 profit.
Management
The stake of FIMA, LOUNGE BELGIUM comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
BAFIBehind BAFI are Filip Maes and Bart Stragier. The shares are held by FIMA (51%) and LOUNGE BELGIUM (49%).
Directors
According to the 2025 annual accounts
Filip Maes
Director
Also active at: P.S. MANAGEMENT, Just Air, Machinery Resale, Fimatec, FIMA, Safi-Invest
since 2017
since 2017
Shareholders
51%
49%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Waregemsestraat (Nok) 17
9771 Kruisem
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 5 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.
Website
Technologies
Hosting & Email
Email provider
Google Workspace
Hosting
ONECOM, DK
Website info
Features
Security
Network
Details
- Company number
- 0676.702.385
- VAT number
- BE 0676.702.385
- Registered office
- Waregemsestraat (Nok) 17, 9771 Kruisem
- Names & denominations
- BAFI
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 9 June 2017
- Peppol
- Active · Active since 3 Feb 2026
- Contact
- herbergdevrijboom.be