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 1 of the last 4 fiscal years.
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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 40 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Bad Ass Industries from Maaseik, company number BE0749801585, closed financial year 2025 with a result of € -77,847 after tax. For that financial year Bad Ass Industries recorded a gross margin of € -68,238 and equity of € -45,698. Compared with financial year 2024, the result moved from € -11,828 to € -77,847. The company made a loss. 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 June 19, 2026.
€ -45,698
▼ € 77,847 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -77,847
▼ 558 % more loss than in 2024
Profit after tax over the fiscal year.
€ 8,764
▲ € 7,199 vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -55,198.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 19,871
▼ 79% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 35,387 | € 11,799 | € 2,745 | € -68,238 | ▼ € 70,983 |
| Profit after taxes | € 23,092 | € 2,765 | € -11,828 | € -77,847 | ▼ € 66,019 |
| Equity | € 41,211 | € 43,977 | € 32,149 | € -45,698 | ▼ € 77,847 |
| Total debts | € 16,919 | € 22,080 | € 98,108 | € 85,096 | ▼ 13% |
| Cash | € 47,886 | € 8,119 | € 1,565 | € 8,764 | ▲ € 7,199 |
| Retained profit | € 31,711 | € 34,477 | € 22,649 | € -55,198 | ▼ € 77,847 |
| Balance sheet total | € 58,131 | € 66,056 | € 130,257 | € 39,398 | ▼ 70% |
Key figures of Bad Ass Industries, 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 Bad Ass Industries?
What happened at Bad Ass Industries in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 77,847. Source: NBB ↗
- Incorporation, published in the Gazette. Source: Staatsblad ↗
- New establishment in Maaseik. KBO
- Cliff Inghelbrecht became a director. NBB
- Jef Keijers became a director. NBB
In short
From € 23,092 profit in 2022 to € 77,847 loss in 2025.
Paid € 7,741 in corporate taxes since 2022.
Best year ever: 2022, with € 23,092 profit.
Management
The stake of Inversión comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
Bad Ass IndustriesBehind Bad Ass Industries are Cliff Inghelbrecht and Jef Keijers. The shares are held by Inversión (50%).
Directors
According to the 2025 annual accounts
Shareholders
50%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Renkoven 1 A box 1
3680 Maaseik
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Shareholders according to the Official Gazette deeds
Who contributed at incorporation and at capital increases, with the deed as source. Later share transfers are not published in the Gazette.
Incorporation
Source: Deed ↗- Cliff Rudy INGHELBRECHT(oprichter) 50%
- CODEABLE(oprichter) 50%
Details
- Company number
- 0749.801.585
- VAT number
- BE 0749.801.585
- Registered office
- Renkoven 1 A bus 1, 3680 Maaseik
- Names & denominations
- Bad Ass Industries
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 5 July 2020
- Peppol
- Active · Active since 21 Oct 2026
- Activities · NACE
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