Antwerp Barge Services
ActiveAntwerp Barge Services has been active since 1995 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €201k and a net result of €116k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 77% of 721 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
89
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency92▲+19
Growth78=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €17k at 30 days acceptable
Liquidity ample (current ratio 2.99 against 1.91 in 2024; short-term debt: 33.3% and cash: 71.7% of total assets), and 33.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 52
Relative position
BE, all sectors
reference
Sector 52
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
66.7%
Return on assets
38.5%
Age of the figures
9 mo
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
19202122232425
2019 to 2025 · latest year €201k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 04-08-2026, 4 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
4 d late
2024
28 d late
2023
40 d early
2022
35 d early
2021
34 d early
2020
60 d early
2019
60 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
23-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€201k▲ 136%
2024 · €85k
2019: €9k
2020: €8k
2021: €9k
2022: €8k
2023: €7k
2024: €85k
2019 → 2025
Total assets
€301k▲ 71.5%
2024 · €176k
2019: €14k
2020: €13k
2021: €14k
2022: €13k
2023: €7k
2024: €176k
2019 → 2025
Net result
€116k▲ 27.8%
2024 · €91k
2019: €11k
2020: €-540
2021: €395
2022: €-549
2023: €-730
2024: €91k
2019 → 2025
Working capital
€199k▲ 141%
2024 · €83k
2019: €9k
2020: €8k
2021: €9k
2022: €8k
2024: €83k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€9k-€8k▼ 6.4%€7k▼ 9.2%€85k▲ 1,074%€201k▲ 136%
Operating result€440-€-504€-685▼ 36.0%€113k€160k▲ 41.8%
Net result€395-€-549€-730▼ 33.0%€91k€116k▲ 27.8%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 42% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €301k
Fixed assets
€2k▼ 23.2%
Current assets
€300k▲ 72.8%
Equity and liabilities €301k
Equity
€201k▲ 136%
Debt
€100k▲ 10.7%
The debt ratio falls from 51.6% to 33.3%. Equity and debt are higher.
Key figures and ratios
EBITDA
€160k▲
2024 · €113k
Cash flow
€116k▲
2024 · €91k
Solvency
66.7%▲
2024 · 48.4%
Current ratio
2.99▲
2024 · 1.91
Quick ratio
2.99▲
2024 · 1.91
Debt / equity
0.50▼
2024 · 1.07
ROE
57.7%▼
2024 · 106.6%
ROA
38.5%▼
2024 · 51.6%
Interest coverage
1220.33▲
2024 · 1096.74
Debt
€100k▲
2024 · €91k
Debt ≤ 1 year
€100k▲
2024 · €91k
Income taxes
€44k▲
2024 · €22k
Staff costs
€56k▲
2024 · €24k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€176k€301k▲
Fixed assets21/28€2k€2k▼
Tangible fixed assets22/27€2k€1k▼
Plant, machinery and equipment23€951€755▼
Furniture and vehicles24€974€637▼
Financial fixed assets28€363€363=
Current assets29/58€173k€300k▲
Amounts receivable within one year40/41€73k€83k▲
Trade receivables40€61k€54k▼
Other amounts receivable41€12k€28k▲
Cash at bank and in hand54/58€100k€216k▲
Deferred charges and accrued income490/1-€747
Equity and liabilities
Total equity and liabilities10/49€176k€301k▲
Equity10/15€85k€201k▲
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€55k€139k▲
Non-distributable reserves130/1€5k€6k▲
Legal reserve130€5k€6k▲
Distributable reserves133€50k€133k▲
Profit (loss) carried forward14€-31k€357▲
Amounts payable17/49€91k€100k▲
Amounts payable within one year42/48€91k€100k▲
Trade debts44€55k€58k▲
Suppliers440/4€55k€58k▲
Taxes, remuneration and social security45€9k€28k▲
Taxes450/3€5k€21k▲
Remuneration and social security454/9€4k€7k▲
Other amounts payable47/48€27k€14k▼
Income statement
Code20242025
Remuneration, social security and pensions62€24k€56k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€61€532▲
Other operating charges640/8€834€585▼
Gross operating margin9900€138k€217k▲
Operating profit (loss)9901€113k€160k▲
Financial income75/76B€0-
Recurring financial income75€0-
Financial charges65/66B€103€131▲
Recurring financial charges65€103€131▲
Profit (loss) for the period before taxes9903€112k€160k▲
Income taxes67/77€22k€44k▲
Profit (loss) for the period9904€91k€116k▲
Profit (loss) for the period to be appropriated9905€91k€116k▲
Appropriation of the result
Profit (loss) to be appropriated9906€24k€85k▲
Profit (loss) brought forward from the previous period14P€-67k€-31k▲
Transfer to equity691/2€55k€84k▲
To the legal reserve6920€5k€1k▼
To other reserves6921€50k€83k▲
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
04-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 4 days late
2025
31-12
Financial
Highest result since 2019net €116k ▲27.8%
Operating result €160k, net result €116k, both a record.
31-12
Financial
Equity above €200kEq €201k ▲136%
2 profitable years in a row build equity to €201k.
28-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 28 days late
2024
31-12
Financial
Back to profitnet €91k
Net result €91k after 2 loss-making years.
2023
22-12
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
30-06
Financial
Weakest financial yearnet €-730
Net result drops to €-730, the lowest in the series; recovery starts the following year.
2022
27-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2021
28-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
30-06
Financial
Back to profitnet €395
Net result €395 after one loss-making year.
2020
02-12
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2019
02-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
07-11
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
06-11
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
17-01
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
7 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Schoten · 1 establishment unit since 1995
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Erikadreef 32900 SchotenGround area
1,280 m²
Building footprint
179 m²
Volume, LiDAR
1,382 m³
Parcel 11040D0195/00D007, Flanders · tallest building 12.3 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Antwerp Barge Services
since 19952.102.993.256
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11040D0195/00D007 | Flanders | 1,280 m² | 1 · 179 m² | 12.3 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 275 companies in sector 52241 we hold annual accounts for 212. 124 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded26-04-1995
Fiscal year end31-12
Activities, NACEBEL
50200Water transport
52241Warehousing and support activities for transportation
Sources
Crossroads Bank for EnterprisesNational Bank · 30 filingsAddress and cadastre registers
Data from official sources, last processed on 23-09-2026. Scores and ratios are computed by Checked and are not a credit decision.