Payment terms
498 days to suppliers
BAARBEEK pays its suppliers 43 days earlier than in 2024.
BAARBEEK
Lifetime
4 annual accounts with figures on one time axisTurnoverpeak €549,062 (2022)
€38,809unchanged
Resultlowest -€5,420 (2023)
€7,275▲ 72.2%
Equitypeak €489,322 (2025)
€489,322▲ 1.5%
Debts
€85,617▼ 30.2%
Board7 names since 2022
5 directorsAndré Cooreman and 4 others
Owners2 names in the annual accounts
99.34%ANFIMA and 1 other
Documentsfilings and deeds
29-09-202660 days late
2025financial year
Result from €4,225 to €7,2753 directors reappointed 09-07Debts from €122,662 to €85,617Cash from €40,406 to €10,636
Key points
from the 2025 annual accountsLiquidity
9.13 was 5.92 in 2024
Short-term debts fell from €102,136 to €63,006.
Position in the sector
85.1%
Higher solvency than 92% of companies in specialised construction. Sector median 42.5% · 2,449 companies.
2025 accounts filed 60 days after the deadline
Checked score
82
Excellent
Financially stronger than 50% of micro companies in specialised construction (NACE 43)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.5% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.7% across 47,692 companies (NACE 43, micro).
About 5 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.3%
01-2025: 0.3%● unchanged vs 12-2024
02-2025: 0.3%● unchanged vs 01-2025
03-2025: 0.3%● unchanged vs 02-2025
04-2025: 0.3%● unchanged vs 03-2025
05-2025: 0.3%● unchanged vs 04-2025
06-2025: 0.2%▼ -0.1 percentage points vs 05-2025lowest value
07-2025: 0.2%● unchanged vs 06-2025lowest value
08-2025: 0.2%● unchanged vs 07-2025lowest value
09-2025: 0.2%● unchanged vs 08-2025lowest value
10-2025: 0.2%● unchanged vs 09-2025lowest value
11-2025: 0.2%● unchanged vs 10-2025lowest value
12-2025: 0.2%● unchanged vs 11-2025lowest value
01-2026: 0.2%● unchanged vs 12-2025
02-2026: 0.2%● unchanged vs 01-2026
03-2026: 0.2%● unchanged vs 02-2026
04-2026: 0.2%● unchanged vs 03-2026
05-2026: 0.2%● unchanged vs 04-2026
06-2026: 0.2%● unchanged vs 05-2026
07-2026: 0.2%● unchanged vs 06-2026
08-2026: 0.4%▲ +0.2 percentage points vs 07-2026
09-2026: 0.4%● unchanged vs 08-2026
10-2026: 0.5%▲ +0.1 percentage points vs 09-2026highest value
11-2026: 0.5%● unchanged vs 10-2026highest value
Financial strengthStrong
Score breakdown
raises risk
Sector: Specialised construction activities (NACE 43)
Last filed accounts filed 60 days late; 1 of the last 3 accounts late
Liquidity: current ratio 9.13, cash €10,636, halved
lowers risk
Founded in 1990
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 43, micro). It does better than 90% of them on solvency, 46% on liquidity, 20% on profitability and 44% on growth.
The bankruptcy probability was computed on 05-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.
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).
Comparable companies, two years later
In July 2024, 14,766 companies had the same profile as BAARBEEK has now. Each dot stands for 37 companies, two years later.
96.2%
were still trading
3.5%
stopped another way
0.2%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of BAARBEEK itself: 0.5% 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 14,766 companies, not a prediction for BAARBEEK. 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.
Credit verdict
Credit of up to €3,500 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 9.13 (5.92 in 2024), above the usual 1.5. Short-term debt is 11% and cash 1.9% of total assets. 14.9% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
neutral · A punctual record breaks
This company filed 3 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-09-2026, 60 days late. Weigh it accordingly: of the companies that move to filing 1 to 90 days late, 1.41% are now bankrupt, dissolved or in another special legal status, below the 1.66% of all filers. It is a change in behaviour, not evidence of elevated risk.
NBB · 4 filingsDeviation from the deadline
2025
60 days late
2024
71 days early
2023
57 days early
2022
4 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 4 accounts on average 18 days before the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 1 July (3 of the last 4 accounts filed within 41 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
06-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
- ANFIMA 99.34%equity €23.2m (2025) · annual accounts 2025
- ACKERMANS & VAN HAAREN 0.66%equity €2.63bn (2025) · annual accounts 2025
Recent changes
3 directors reappointed
Tom Bamelis, Piet Bevernage and André Cooreman · General meeting of 13-05-2025 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0872203709
New statutory auditor
Deloitte Bedrijfsrevisoren BV appointed, Ernst & Young Bedrijfsrevisoren BV resigned · General meeting of 14-05-2024 · Gazette deed
Capital decrease of €2,920,000 to €100,000
Capital from €3,020,000 to €100,000 · Appointments: BEVERNAGE Pieter Robrecht, BAMELIS Tom Rik Germaine, COOREMAN André Xavier Paul Louis Marie and EY Bedrijfsrevisoren (statutory auditor) · Name change: BAARBEEK B.V. · General meeting of 17-10-2022 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | Turnover | EBIT margin | Solvency | Staff |
|---|---|---|---|---|
| BAARBEEK Antwerp | €38,809 | 35.2% | 85.1% | - |
| Demolition Power Franssens Rumst | €170,476 | 36.7% | 75.2% | - |
| THYBAU Chimay | €175,068 | -6.9% | 35.1% | - |
| AANNEMINGEN GROND- EN AFBRAAKWERKEN MORTELMANS NV Lier | - | - | 83.3% | - |
| HENS RECYCLING Wuustwezel | - | - | 55.9% | 0 |
| MNE Belgium Aartselaar | - | - | 64.9% | 1 |
| JAVEMAT Antwerp | - | - | 83.2% | 9.3 |
Grey: the largest companies of the sector (specialised construction (NACE 43)), without their names. Blue: the sector peers from the table.
These companies have the same main activity as BAARBEEK: demolition (NACE 43110). They are comparable in size and age: total assets between €348,000 and €928,000, founded between 1986 and 2009.
Official details
Source: KBO- Status
- Active since 01-10-1990Normal situation
- Registered office
- 13 active companies are registered at this addressSource: KBO register, as of 5 November 2026.
- Activity
- DemolitionNACE 43110
- Establishment unit
- 2.338.095.6212000 Antwerp, since 17-10-2022
- Financial year end
- 31 December
- Peppol
- Reachable since 24-04-2025
Insights on BAARBEEK
BAARBEEK has existed since 1990. Turnover fell from €549,062 in 2022 to €38,809 in 2023.
Solvency rose in 2025 from 79.7% to 85.1% because of the retained profit and lower debts.
ANFIMA holds 99.34% of the shares.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about BAARBEEK
- What is the company number of BAARBEEK?
- The company number of BAARBEEK is 0872.203.709. The VAT number is the same number with BE in front: BE 0872.203.709.
- Where is BAARBEEK based?
- The registered office is at Begijnenvest 113, 2000 Antwerp.Company details
- What does BAARBEEK do?
- According to the KBO register, the main activity is demolition (NACE 43110).
- What is the legal form of BAARBEEK?
- BAARBEEK is a public limited company (NV).
- When was BAARBEEK founded?
- BAARBEEK was founded on 01-10-1990.
- Is BAARBEEK still active?
- Yes, BAARBEEK is an active enterprise in the KBO register.
- What is the turnover of BAARBEEK?
- The turnover of BAARBEEK was €38,809 in financial year 2025, according to the filed annual accounts.Financials
- Is BAARBEEK profitable?
- In financial year 2025, BAARBEEK made a profit of €7,275.
- Where can I find the annual accounts of BAARBEEK?
- BAARBEEK filed 4 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of BAARBEEK due?
- BAARBEEK must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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