BaR-1
ActiveBaR-1 has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €47k and a net result of €-10k. Equity is growing by ~6.4% per year across the filed fiscal years. Its solvency ranks better than 83% of 13270 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.4% (low).
Checked score
Score 2025
57
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-7
Solvency95▼-3
Growth52=
Track record100
Bankruptcy probability, 12 months
1.4%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2.5k at 30 days acceptable
Liquidity ample (current ratio 1.82 against 2.14 in 2024; short-term debt: 29.3% and cash: 28.8% of total assets), and 30.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven 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 56
Relative position
BE, all sectors
reference
Sector 56
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
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
69.7%
Return on assets
-15.3%
Age of the figures
9 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year €-10k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 26-08-2026, 26 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
26 d late
2024
21 d late
2023
27 d late
2022
65 d late
2021
29 d late
2020
25 d late
2019
7 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
21-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€47k▼ 18.0%
2024 · €57k
2018: €33k
2019: €42k
2020: €43k
2021: €58k
2022: €73k
2023: €64k
2024: €57k
2018 → 2025
Total assets
€67k▼ 13.9%
2024 · €78k
2018: €50k
2019: €69k
2020: €52k
2021: €75k
2022: €89k
2023: €90k
2024: €78k
2018 → 2025
Net result
€-10k▼ 43.1%
2024 · €-7k
2018: €8k
2019: €9k
2020: €1k
2021: €14k
2022: €15k
2023: €-8k
2024: €-7k
2018 → 2025
Working capital
€16k▼ 32.2%
2024 · €24k
2018: €28k
2019: €11k
2020: €11k
2021: €23k
2022: €32k
2023: €28k
2024: €24k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€58k-€73k▲ 25.8%€64k▼ 11.7%€57k▼ 11.2%€47k▼ 18.0%
Operating result€18k-€23k▲ 29.9%€-5k€-4k▲ 14.3%€-8k▼ 86.1%
Net result€14k-€15k▲ 3.3%€-8k€-7k▲ 15.5%€-10k▼ 43.1%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €8k in 2025 against €4k in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €67k
Fixed assets
€31k▼ 5.9%
Current assets
€36k▼ 19.8%
Equity and liabilities €67k
Equity
€47k▼ 18.0%
Debt
€20k▼ 2.6%
The debt ratio rises from 26.8% to 30.3%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-7k▼
2024 · €-720
Cash flow
€-9k▼
2024 · €-4k
Solvency
69.7%▼
2024 · 73.2%
Current ratio
1.82▼
2024 · 2.14
Quick ratio
1.82▼
2024 · 2.14
Debt / equity
0.43▲
2024 · 0.37
ROE
-22.0%▼
2024 · -12.6%
ROA
-15.3%▼
2024 · -9.2%
Interest coverage
-2.70▼
2024 · -0.24
Debt
€20k▼
2024 · €21k
Debt ≤ 1 year
€20k▼
2024 · €21k
Staff costs
€57k▲
2024 · €55k
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€78k€67k▼
Fixed assets21/28€33k€31k▼
Tangible fixed assets22/27€6k€4k▼
Plant, machinery and equipment23€2k€423▼
Other tangible fixed assets26€5k€4k▼
Financial fixed assets28€27k€27k=
Current assets29/58€45k€36k▼
Amounts receivable within one year40/41€25k€13k▼
Trade receivables40€7k€8k▲
Other amounts receivable41€18k€5k▼
Cash at bank and in hand54/58€18k€19k▲
Deferred charges and accrued income490/1€879€3k▲
Equity and liabilities
Total equity and liabilities10/49€78k€67k▼
Equity10/15€57k€47k▼
Contributions10/11€12k€12k=
Reserves13€56k€56k=
Tax-exempt reserves132€902€902=
Distributable reserves133€55k€55k=
Profit (loss) carried forward14€-10k€-20k▼
Amounts payable17/49€21k€20k▼
Amounts payable within one year42/48€21k€20k▼
Trade debts44€4k€389▼
Suppliers440/4€4k€389▼
Taxes, remuneration and social security45€7k€12k▲
Taxes450/3€1k€4k▲
Remuneration and social security454/9€6k€8k▲
Other amounts payable47/48€10k€7k▼
Accrued charges and deferred income492/3-€653
Income statement
Code20242025
Remuneration, social security and pensions62€55k€57k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€1k▼
Other operating charges640/8€2k€773▼
Non-recurring operating charges66A-€667
Gross operating margin9900€56k€51k▼
Operating profit (loss)9901€-4k€-8k▼
Financial income75/76B€1-
Recurring financial income75€1-
Financial charges65/66B€3k€2k▼
Recurring financial charges65€3k€2k▼
Profit (loss) for the period before taxes9903€-7k€-10k▼
Profit (loss) for the period9904€-7k€-10k▼
Profit (loss) for the period to be appropriated9905€-7k€-10k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-10k€-20k▼
Profit (loss) brought forward from the previous period14P€-3k€-10k▼
The notes to these accounts (7 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
26-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 26 days late
2025
31-12
Financial
Weakest financial yearnet €-10k
Net result drops to €-10k, the lowest in the series.
21-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 21 days late
2024
27-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 27 days late
2023
04-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 65 days late
2022
31-12
Financial
Highest result since 2018net €15k ▲3.3%
Operating result €23k, net result €15k, both a record.
29-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 29 days late
2021
25-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 25 days late
2020
24-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
01-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
11-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
16-06
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
4 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 2003
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.
Ossenmarkt 12000 AntwerpenGround area
53 m²
Building footprint
57 m²
Volume, LiDAR
778 m³
Parcel 11802B1211/00C000, Flanders · tallest building 15.5 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
Barracuda
since 20032.132.868.662
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11802B1211/00C000 | Flanders | 53 m² | 1 · 57 m² | 15.4 m · 5 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 14,023 companies in sector 56301 we hold annual accounts for 4,893. 4,075 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded22-07-2003
Fiscal year end31-12
Activities, NACEBEL
55401
56301Cafés and bars
Sources
Crossroads Bank for EnterprisesNational Bank · 22 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.