BAARBEEK
ActiveBAARBEEK has been active since 1990 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €482k and a net result of €4k. Equity remains stable across the filed fiscal years (±0.1% per year). Its solvency ranks better than 90% of 3549 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2024
70
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability39▲+4
Solvency100=
Growth22=
Track record100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3.5k at 30 days acceptable
Liquidity ample (current ratio 5.92 against 6.91 in 2023; short-term debt: 16.9% and cash: 6.7% of total assets), and 20.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five 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 43
Relative position
BE, all sectors
reference
Sector 43
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
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 21-05-2025, 71 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
not confirmed
2024
71 d early
2023
57 d early
2022
4 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, full schema
Turnover
€39k=
2023 · €39k
2022: €549k
2023: €39k
2022 → 2024
EBIT margin
27.8%▲ 23.6pp
2023 · 4.2%
2022: 87.6%
2023: 4.2%
2022 → 2024
Net result
€4k
2023 · €-5k
2022: €478k
2023: €-5k
2022 → 2024
Working capital
€503k▲ 2.1%
2023 · €492k
2022: €506k
2023: €492k
2022 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202220232024Trend
Turnover€549k-€39k▼ 92.9%€39k=
Equity€483k-€478k▼ 1.1%€482k▲ 0.9%
Operating result€481k-€2k▼ 99.7%€11k▲ 564%
Net result€478k-€-5k€4k
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 564% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Equity and liabilities €605k
Equity
€482k▲ 0.9%
Debt
€123k▲ 25.2%
The debt ratio rises from 17.0% to 20.3%. Equity and debt are higher.
Key figures and ratios
Solvency
79.7%▼
2023 · 83.0%
Current ratio
5.92▼
2023 · 6.91
Quick ratio
2.18▼
2023 · 2.32
Debt / equity
0.25▲
2023 · 0.21
ROE
0.9%▲
2023 · -1.1%
ROA
0.7%▲
2023 · -0.9%
Debt
€123k▲
2023 · €98k
Debt ≤ 1 year
€102k▲
2023 · €83k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€576k€605k▲
Current assets29/58€576k€605k▲
Stocks and contracts in progress3€382k€382k=
Stocks30/36€382k€382k=
Property held for sale35€382k€382k=
Amounts receivable within one year40/41€692€692=
Other amounts receivable41€692€692=
Cash at bank and in hand54/58€11k€40k▲
Deferred charges and accrued income490/1€181k€181k=
Equity and liabilities
Total equity and liabilities10/49€576k€605k▲
Equity10/15€478k€482k▲
Contributions10/11€100k€100k=
Capital10€100k€100k=
Issued capital100€100k€100k=
Reserves13€19k€19k=
Non-distributable reserves130/1€19k€19k=
Legal reserve130€19k€19k=
Profit (loss) carried forward14€359k€363k▲
Amounts payable17/49€98k€123k▲
Amounts payable within one year42/48€83k€102k▲
Financial debts43€60k€60k=
Other loans439€60k€60k=
Trade debts44€24k€39k▲
Suppliers440/4€24k€39k▲
Taxes, remuneration and social security45-€3k
Taxes450/3-€3k
Accrued charges and deferred income492/3€15k€21k▲
Income statement
Code20232024
Operating income70/76A€39k€39k=
Turnover70€39k€39k=
Operating charges60/66A€37k€28k▼
Services and other goods61€36k€27k▼
Other operating charges640/8€1k€1k▲
Operating profit (loss)9901€2k€11k▲
Financial income75/76B€342-
Recurring financial income75€342-
Other financial income752/9€342-
Financial charges65/66B€7k€7k▼
Recurring financial charges65€7k€7k▼
Debt charges650€2k€1k▼
Other financial charges652/9€5k€5k▲
Profit (loss) for the period before taxes9903€-5k€4k▲
Profit (loss) for the period9904€-5k€4k▲
Profit (loss) for the period to be appropriated9905€-5k€4k▲
Appropriation of the result
Profit (loss) to be appropriated9906€359k€363k▲
Profit (loss) brought forward from the previous period14P€364k€359k▼
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
21-05
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Back to profitnet €4k
Net result €4k after one loss-making year.
04-06
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Weakest financial yearnet €-5k ▼101%
Net result drops to €-5k, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity quadruplescurrent ratio 6.91
Current ratio from 1.73 to 6.91; short-term debt falls from €690k to €83k.
27-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Antwerpen · 1 establishment unit since 2022
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.
Begijnenvest 1132000 AntwerpenGround area
942 m²
Building footprint
212 m²
Volume, LiDAR
4,691 m³
Parcel 11804D1916/00T002, Flanders · tallest building 34.4 m, ±7 floors. Linked by address, not a title deed.
1 establishment unit
BAARBEEK
since 20222.338.095.621
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11804D1916/00T002 | Flanders | 942 m² | 1 · 212 m² | 34.4 m · 7 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.
Similar companies · same sector, comparable size
ABSO
BE 0477.114.294
Evergem · Eq €480k
M.I.M & CO
BE 0657.771.450
Schaarbeek · Eq €485k
PETEAU
BE 0890.997.953
Manage · Eq €477k
HAVOLLI
BE 0746.795.674
Tielt · Eq €492k
ENTREPRISES GENERALES CALLEBAUT
BE 0870.746.333
Lasne · Eq €503k
Of 1,364 companies in sector 43110 we hold annual accounts for 632. 429 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded01-10-1990
Fiscal year end31-12
Activities, NACEBEL
43110Demolition
45111
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.