BAR-LOW
ActiveThe computed 12-month bankruptcy probability of BAR-LOW is 4.2% (elevated). The annual accounts of BAR-LOW for fiscal year 2025 show a net loss of 79% of the equity at the start of that year. The 2025 annual accounts show equity of €5k and a net result of €-18k. Equity is shrinking by ~48.2% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2026. Its solvency ranks better than 29% of 13270 sector peers (fiscal year 2025). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
26
/ 100
Weak
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-15
Solvency31▼-18
Growth32=
Track record100
Bankruptcy probability, 12 months
4.2%
Elevated
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity short (current ratio 0.86 against 1.3 in 2024; short-term debt: 71.5% and cash: 22.9% of total assets), and 94.4% 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.
+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 →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
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
5.6%
Return on assets
-20.8%
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
202122232425
2020 to 2025 · latest year €-18k
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 · 6 filingsDeviation from the deadline
2025
26 d late
2024
30 d early
2023
97 d early
2022
7 d late
2021
31 d late
2020
30 d late
← 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
22-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Source amounts without an identifiable currency are assumed to be EUR.
Equity
€5k▼ 78.7%
2024 · €23k
2020: €25k
2021: €67k
2022: €50k
2023: €36k
2024: €23k
2020 → 2025
Total assets
€88k▼ 9.0%
2024 · €97k
2020: €137k
2021: €186k
2022: €156k
2023: €118k
2024: €97k
2020 → 2025
Net result
€-18k▼ 48.2%
2024 · €-12k
2020: €-5k
2021: €42k
2022: €-16k
2023: €-15k
2024: €-12k
2020 → 2025
Working capital
€-9k
2024 · €12k
2020: €20k
2021: €55k
2022: €38k
2023: €23k
2024: €12k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€67k-€50k▼ 24.6%€36k▼ 29.5%€23k▼ 34.7%€5k▼ 78.7%
Operating result€43k-€-9k€-18k▼ 100.0%€-10k▲ 43.5%€-17k▼ 61.9%
Net result€42k-€-16k€-15k▲ 9.5%€-12k▲ 17.3%€-18k▼ 48.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €17k in 2025 against €10k in 2024; the loss grows.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €88k
Fixed assets
€34k▼ 23.3%
Current assets
€54k▲ 3.2%
Equity and liabilities €88k
Equity
€5k▼ 78.7%
Debt
€83k▲ 13.0%
The debt ratio rises from 76.0% to 94.4%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-6k▼
2024 · €4k
Cash flow
€-8k▼
2024 · €2k
Solvency
5.6%▼
2024 · 24.0%
Current ratio
0.86▼
2024 · 1.30
Quick ratio
0.63▼
2024 · 1.03
Debt / equity
16.73▲
2024 · 3.16
ROE
-368.4%▼
2024 · -53.1%
ROA
-20.8%▼
2024 · -12.8%
Interest coverage
-3.56▼
2024 · 1.43
Debt
€83k▲
2024 · €73k
Debt ≤ 1 year
€63k▲
2024 · €40k
Debt > 1 year
€20k▼
2024 · €33k
Staff costs
€5k▲
2024 · €740
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€97k€88k▼
Fixed assets21/28€44k€34k▼
Tangible fixed assets22/27€44k€34k▼
Plant, machinery and equipment23€5k€4k▼
Other tangible fixed assets26€39k€30k▼
Current assets29/58€52k€54k▲
Stocks and contracts in progress3€11k€14k▲
Stocks30/36€11k€14k▲
Amounts receivable within one year40/41€10k€15k▲
Trade receivables40€3k€802▼
Other amounts receivable41€7k€14k▲
Cash at bank and in hand54/58€27k€20k▼
Deferred charges and accrued income490/1€4k€5k▲
Equity and liabilities
Total equity and liabilities10/49€97k€88k▼
Equity10/15€23k€5k▼
Contributions10/11€30k€30k=
Profit (loss) carried forward14€-7k€-25k▼
Amounts payable17/49€73k€83k▲
Amounts payable after more than one year17€33k€20k▼
Other amounts payable178/9€33k€20k▼
Amounts payable within one year42/48€40k€63k▲
Current portion of amounts payable after more than one year42€13k€13k▲
Trade debts44€16k€40k▲
Suppliers440/4€16k€40k▲
Taxes, remuneration and social security45€7k€5k▼
Taxes450/3€7k€5k▼
Remuneration and social security454/9-€398
Other amounts payable47/48€4k€4k▲
Income statement
Code20242025
Remuneration, social security and pensions62€740€5k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€14k€10k▼
Other operating charges640/8€5k€5k▼
Gross operating margin9900€10k€3k▼
Operating profit (loss)9901€-10k€-17k▼
Financial income75/76B€549€402▼
Recurring financial income75€549€402▼
Financial charges65/66B€2k€2k▼
Recurring financial charges65€2k€2k▼
Profit (loss) for the period before taxes9903€-12k€-18k▼
Profit (loss) for the period9904€-12k€-18k▼
Profit (loss) for the period to be appropriated9905€-12k€-18k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-7k€-25k▼
Profit (loss) brought forward from the previous period14P€6k€-7k▼
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
26-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 26 days late
2025
31-12
Financial
Weakest financial yearnet €-18k
Net result drops to €-18k, the lowest in the series.
01-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
25-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
07-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 7 days late
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-12
Financial
Back to profitnet €42k
Net result €42k after one loss-making year.
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
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, Brugge · 1 establishment unit since 2019
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.
Sint-Amandsstraat 118000 BruggeGround area
351 m²
Building footprint
288 m²
Volume, LiDAR
2,623 m³
Parcel 31804D0485/00D000, Flanders · tallest building 18.2 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
BAR-LOW
since 20192.292.558.178
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31804D0485/00D000 | Flanders | 351 m² | 1 · 288 m² | 18.2 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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteBrugge2.292.558.178
Similar companies · same sector, comparable size
Gildenhof
BE 1017.446.163
Harelbeke · Eq €5k
TVDK
BE 0899.639.960
Ukkel · Eq €5k
CL TEAM EVENTS
BE 1020.573.325
Jemeppe-sur-Sambre · Eq €5k
ETABLISSEMENTS RAMUNDO
BE 0473.144.125
Fontaine-l'Evêque · Eq €5k
CORVUS MONTIS
BE 0798.199.934
Aalst · Eq €5k
Of 14,023 companies in sector 56301 we hold annual accounts for 4,893. 2,795 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded13-08-2019
Fiscal year end31-12
Activities, NACEBEL
56301Cafés and bars
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.