ANDREAS BARTOSCH
ActiveSummary
ANDREAS BARTOSCH has been active since 2009 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €313,078 and a net result of -€22,590. Equity has been shrinking by about 12% per year since 2018. Its solvency ranks better than 50% of 15,784 sector peers (NACE 69, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 01-10-2009 Normal situation
- Activity
- Activities of lawyers NACE 69101
- Establishment unit
- 2.233.981.363 1000 Brussel, since 01-10-2009
- Financial year end
- 31 December
- Peppol
- Reachable since 22-10-2025
Financial position
- Bankruptcy probabilitywithin 12 months
- < 0.1%
- Gross margin
- -€23,019
- Loss
- €22,590
- Equity
- €313,078
- ▼ 6.7%
- Total assets
- €550,834
- ▼ 23.2%
Score breakdownlowers riskSector: Legal and accounting activities (NACE 69)Size: total assets €550,834Figures for financial year 2025 (filed on 12-06-2026)Liquidity: current ratio 2.70, cash €147,927Show the evidence
Checked score
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 69, micro). It does better than 53% of them on solvency, 57% on liquidity, 6% on profitability and 26% on growth.
The bankruptcy probability was computed on 02-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 7 accounts on average 61 days before the deadline. In the sector (NACE 69), the median for financial year 2024 was 9 days before the deadline, and 32% of those companies filed late.
Searched, nothing found (2)
Financials
Financials · financial year 2025, micro format
Annual accounts 2025 filed on 05-06-2026 PDF all 16 filings
Every figure per financial year
The operating result for 2025 is a loss of €26,269, after a profit of €2,674 in 2024. It is the lowest result since 2021.
Investments
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | €17,461 | - | - | - | - |
| Intangible fixed assets | €0 | - | - | - | - |
| Financial fixed assets | - | €0 | - | €0 | - |
| Depreciation and write-downs of the year | €3,210 | €6,270 | €5,820 | €3,510 | - |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Turnover70 | €481,426 | €419,683 | - | - | - | - | - | - | - |
| Remuneration, social security and pensions62 | - | - | - | - | €20,527 | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €9,445 | €447 | €898 | €3,210 | €6,270 | €5,820 | €3,510 | - | - |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | - | - | - | €10,000 | - | - |
| Other operating charges640/8 | - | - | - | €2,309 | €1,031 | €788 | €815 | €3,249 | ▲ 299% |
| Non-recurring operating charges66A | - | - | - | €1,193 | - | €376 | €405 | - | - |
| Gross operating margin9900 | -€55,724 | -€6,550 | -€4,990 | -€13,650 | €39,135 | €3,130 | €17,403 | -€23,019 | - |
| Operating profit (loss)9901 | -€66,185 | -€45,701 | -€9,246 | -€20,361 | €11,306 | -€3,853 | €2,674 | -€26,269 | - |
| Financial income75/76B | - | - | - | €10,880 | €7,918 | €8,956 | €9,974 | €8,602 | ▼ 13.8% |
| Recurring financial income75 | €3,457 | €0 | €30,676 | €10,880 | €7,918 | €8,956 | €9,974 | €8,602 | ▼ 13.8% |
| Financial charges65/66B | - | - | - | €1,687 | €1,619 | €1,433 | €3,544 | €3,844 | ▲ 8.5% |
| Recurring financial charges65 | €599 | €109 | €2,791 | €1,687 | €1,619 | €1,433 | €3,544 | €3,844 | ▲ 8.5% |
| Profit (loss) for the period before taxes9903 | -€63,326 | -€45,810 | €18,638 | -€11,168 | €17,605 | €3,670 | €9,104 | -€21,511 | - |
| Income taxes67/77 | -€20,128 | €8,231 | €2,133 | -€34 | €752 | €1,046 | €5,319 | €1,079 | ▼ 79.7% |
| Profit (loss) for the period9904 | -€43,198 | -€54,041 | €16,505 | -€11,134 | €16,853 | €2,624 | €3,785 | -€22,590 | - |
| Profit (loss) for the period to be appropriated9905 | -€43,198 | -€54,041 | €16,505 | -€11,134 | €16,853 | €2,624 | €3,785 | -€22,590 | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €759,428 | €773,129 | €717,789 | €592,113 | €634,204 | €646,609 | €717,650 | €550,834 | ▼ 23.2% |
| Formation expenses20 | - | - | - | - | - | - | - | €0 | - |
| Fixed assets21/28 | €48,811 | €49,706 | €54,228 | €68,479 | €68,309 | €62,489 | €58,979 | €58,979 | = |
| Tangible fixed assets22/27 | €48,761 | €49,656 | €50,110 | €64,361 | €64,191 | €58,371 | €54,861 | €54,861 | = |
| Plant, machinery and equipment23 | - | - | - | €451 | €0 | - | - | €0 | - |
| Furniture and vehicles24 | - | - | - | €63,911 | €58,091 | €3,510 | - | €0 | - |
| Other tangible fixed assets26 | - | - | - | - | €6,100 | €54,861 | €54,861 | €54,861 | = |
| Financial fixed assets28 | €50 | €50 | €4,118 | €4,118 | €4,118 | €4,118 | €4,118 | €4,118 | = |
| Current assets29/58 | €710,617 | €723,423 | €663,562 | €523,634 | €565,895 | €584,120 | €658,671 | €491,855 | ▼ 25.3% |
| Amounts receivable after more than one year29 | - | - | - | €337,410 | €318,633 | €299,291 | €482,748 | €322,227 | ▼ 33.3% |
| Other amounts receivable291 | - | - | - | €337,410 | €318,633 | €299,291 | €482,748 | €322,227 | ▼ 33.3% |
| Amounts receivable within one year40/41 | €191,472 | €191,423 | €142,612 | €47,570 | €153,674 | €167,910 | €51,422 | €21,701 | ▼ 57.8% |
| Trade receivables40 | - | - | - | - | €4,714 | €43,794 | €27,061 | €1,180 | ▼ 95.6% |
| Other amounts receivable41 | - | - | - | €47,570 | €148,960 | €124,116 | €24,362 | €20,521 | ▼ 15.8% |
| Cash at bank and in hand54/58 | €129,554 | €170,740 | €165,156 | €138,204 | €93,249 | €116,157 | €123,782 | €147,927 | ▲ 19.5% |
| Deferred charges and accrued income490/1 | - | - | - | €450 | €340 | €762 | €718 | - | - |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €759,428 | €773,129 | €717,789 | €592,113 | €634,204 | €646,609 | €717,650 | €550,834 | ▼ 23.2% |
| Equity10/15 | €735,232 | €681,192 | €523,540 | €512,406 | €429,259 | €331,883 | €335,668 | €313,078 | ▼ 6.7% |
| Contributions10/11 | €13,000 | €13,000 | - | €13,000 | €13,000 | €13,000 | €13,000 | €13,000 | = |
| Contributions outside capital11 | - | - | - | €13,000 | - | - | - | - | - |
| Share premium1100/10 | - | - | - | €13,000 | - | - | - | - | - |
| Reserves13 | €1,855 | €1,855 | €1,855 | €1,855 | €1,855 | €1,855 | €1,855 | €1,855 | = |
| Non-distributable reserves130/1 | - | - | - | €1,855 | €1,855 | €1,855 | €1,855 | €1,855 | = |
| Legal reserve130 | - | - | - | €1,855 | - | - | - | - | - |
| Reserves not available under the articles1311 | - | - | - | - | €1,855 | €1,855 | €1,855 | €1,855 | = |
| Profit (loss) carried forward14 | €720,377 | €666,337 | €508,685 | €497,551 | €414,404 | €317,028 | €320,813 | €298,223 | ▼ 7.0% |
| Amounts payable17/49 | €24,196 | €91,938 | €194,250 | €79,707 | €204,945 | €314,726 | €381,982 | €237,756 | ▼ 37.8% |
| Amounts payable after more than one year17 | - | €74,850 | €61,391 | €54,341 | €47,120 | €39,726 | €73,046 | €55,757 | ▼ 23.7% |
| Financial debts170/4 | - | - | - | €54,341 | €47,120 | €39,726 | €73,046 | €55,757 | ▼ 23.7% |
| Amounts payable within one year42/48 | €24,196 | €17,088 | €132,858 | €25,366 | €119,511 | €275,000 | €308,936 | €181,998 | ▼ 41.1% |
| Current portion of amounts payable after more than one year42 | - | - | - | €7,051 | €7,220 | €7,394 | €44,261 | €17,288 | ▼ 60.9% |
| Trade debts44 | €13,396 | €10,568 | €2,447 | €6,371 | €5,026 | €52,530 | €50,413 | €133,184 | ▲ 164% |
| Suppliers440/4 | - | - | - | €6,371 | €5,026 | €52,530 | €50,413 | €133,184 | ▲ 164% |
| Taxes, remuneration and social security45 | - | - | - | €11,944 | €7,264 | €15,076 | €14,262 | €30,679 | ▲ 115% |
| Taxes450/3 | - | - | - | €11,944 | €6,117 | €15,076 | €14,262 | €30,679 | ▲ 115% |
| Remuneration and social security454/9 | - | - | - | - | €1,147 | - | - | - | - |
| Other amounts payable47/48 | - | - | - | - | €100,000 | €200,000 | €200,000 | €847 | ▼ 99.6% |
| Accrued charges and deferred income492/3 | - | - | - | - | €38,314 | - | - | - | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€43,198 | -€54,041 | €16,505 | -€11,134 | €16,853 | €2,624 | €3,785 | -€22,590 | - |
| + Depreciation and write-downs630 | €9,445 | €447 | €898 | €3,210 | €6,270 | €5,820 | €3,510 | - | - |
| Operating cash flow (approximation) | -€33,753 | -€53,593 | €17,403 | -€7,924 | €23,124 | €8,444 | €7,295 | -€22,590 | - |
| Investment in fixed assets (approximation) | - | -€1,342 | -€5,419 | -€17,461 | -€6,100 | €0 | €0 | €0 | - |
| Change in cash | - | €41,187 | -€5,585 | -€26,952 | -€44,956 | €22,909 | €7,624 | €24,145 | ▲ 217% |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 2,686 companies had the same profile as ANDREAS BARTOSCH has now. Two years later, 93.7% were still going and 0.6% had gone bankrupt.
- Small
- 10 to 20 years old
- solvency 30% or more
- a small loss
Another 0.3% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of ANDREAS BARTOSCH itself: < 0.1% within 12 months.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 2,686 companies, not a prediction for ANDREAS BARTOSCH. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Latest 10 of 16 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 05-06-2026 | 2026-00154700 | |
| 31-12-2024 | micro format | 06-03-2025 | 2025-00045821 | |
| 31-12-2023 | full format | 28-03-2024 | 2024-00051470 | |
| 31-12-2022 | micro format | 14-06-2023 | 2023-00125054 | |
| 31-12-2021 | full format | 04-04-2022 | 2022-20000584 | |
| 31-12-2020 | full format | 20-09-2021 | 2021-67700399 | |
| 31-12-2019 | full format | 13-08-2020 | 2020-41400255 | |
| 31-12-2018 | full format | 05-08-2019 | 2019-44800088 | |
| 31-12-2017 | full format | 09-07-2018 | 2018-31600389 | |
| 31-12-2016 | full format | 28-08-2017 | 2017-50900590 |
Board & ownership
Directors
Owners and capital
Owners
Network & group
ANDREAS BARTOSCH shares no director with another company.
Companies at the same address
2 other companiesConnections & network
1 current directorThe network starts from the directors of ANDREAS BARTOSCH. Every other company they run is a node.
Timeline
Acts, filings and financial milestones
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
Activities
NACEBEL 2025Codes under NACEBEL 2008
Invoicing and payment
Financial year and general meeting
Accounts at the NBBSites & property
Buildings and parcels at the address
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 21806F0114/00M003 | Brussels | 304 m² | 1 · 159 m² | 24.4 m · 5 |