Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 3 of the last 3 fiscal years.
-
Tight liquidity NBB
Cash and receivables cover 30 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
BAWS from Ronse, company number BE0787504891, closed financial year 2025 with a result of € -4,371 after tax. For that financial year BAWS recorded a gross margin of € 77,577 and equity of € -10,642. Compared with financial year 2024, the result moved from € 7,700 to € -4,371. 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 October 29, 2025.
€ -10,642
▼ € 4,371 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -4,371
▼ still € 7,700 profit in 2024
Profit after tax over the fiscal year.
€ 12,007
▼ 15% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -13,142.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 62,552
▲ 110% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 33,373
▼ 28% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 34,308
▼ 20% vs 2024
€ 8,982 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 10,308
▼ 67% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 12,578
▼ 13% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|
| Gross margin | € -14,917 | € 47,797 | € 77,577 | ▲ 62% |
| Profit after taxes | € -16,471 | € 7,700 | € -4,371 | ▼ € 12,071 |
| Equity | € -13,971 | € -6,271 | € -10,642 | ▼ € 4,371 |
| Total debts | € 35,388 | € 88,568 | € 66,463 | ▼ 25% |
| Cash | € 4,424 | € 14,203 | € 12,007 | ▼ 15% |
| Land & buildings | - | € 1,977 | € 1,778 | ▼ 10% |
| Retained profit | € -16,471 | € -8,771 | € -13,142 | ▼ € 4,371 |
| Bank debt | € 417 | € 42,864 | € 34,308 | ▼ 20% |
| Balance sheet total | € 21,416 | € 82,297 | € 55,821 | ▼ 32% |
Key figures of BAWS, fiscal years 2023 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 October 2026.
What happened to BAWS?
What happened at BAWS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 4,371 (▼ € 12,071 vs 2024). Source: NBB ↗
- New establishment in Ronse. KBO
- Start of the company according to the CBE. KBO
In short
From € 16,471 loss in 2023 to € 4,371 loss in 2025.
Paid € 221 in corporate taxes since 2023.
Best year ever: 2024, with € 7,700 profit.
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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
Directors
According to the 2025 annual accounts
Tracy DE SMET
Director
Establishments
Establishment units
Physical locations of this company
Elzeelsesteenweg 641
9600 Ronse
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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
- 0787.504.891
- VAT number
- BE 0787.504.891
- Registered office
- Elzeelsesteenweg 641, 9600 Ronse
- Names & denominations
- BAWS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 21 June 2022
- Peppol
- Active · Active since 15 Feb 2026
- Activities · NACE
Kappers- en barbiersactiviteiten
Haarverzorging
Overige niet-gespecialiseerde detailhandel
Overige vormen van onderwijs
Detailhandel in cosmetica en toiletartikelen
Detailhandel in dranken, algemeen assortiment
Beoefening van uitvoerende kunsten door zelfstandig werkende artiesten
Detailhandel via postorderbedrijven of via internet