Equity
€4,956 from €66,871 in 2021
Equity fell by 93% in 4 years.
BAR-LOW
Lifetime
6 annual accounts with figures on one time axispeak €61,337 (2021)
€3,293▼ 66.0%
lowest -€18,259 (2025)
-€18,259▼ €5,939
peak €66,871 (2021)
€4,956▼ 78.7%
€82,894▲ 13.0%
Board5 names since 2019
2 directorsPieter Buysse and 1 other
Documentsfilings and deeds
26-08-202626 days late
2025micro format
Gross margin from €9,692 to €3,293Loss of €18,259Resignation: Adam De Cock (director) 21-05Equity from €23,215 to €4,956
Key points
from the 2025 annual accountsLosses
-€61,915 in four years
Every financial year from 2022 to 2025 closed with a loss. 2025 was the heaviest.
Turnover
≈ €33,000 estimated
The micro format states no turnover.
Debts
€82,894 94% of the balance sheet
Suppliers 49%Taxes and wages 6%Other 45%
Of this, €62,806 falls due within a year.
Filings
6 annual accounts 4 late
The 2021 accounts came latest: 31 days after the end of the period.
Position in the sector
-€18,259
Lower net result than 86% of companies in food and beverage service. Sector median €4,886 · 17,134 companies.
Checked score
50
Fair
Financially stronger than 21% of micro companies in food and beverage service (NACE 56)
Probability in this band: 1.5% to 4.2%
Bankruptcy probability within 12 months
2.6% Moderate
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 1.8% across 23,788 companies (NACE 56, micro).
About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 2.4%
01-2025: 2.4%● unchanged vs 12-2024
02-2025: 2.4%● unchanged vs 01-2025
03-2025: 2.4%● unchanged vs 02-2025
04-2025: 2.4%● unchanged vs 03-2025
05-2025: 2.5%▲ +0.1 percentage points vs 04-2025
06-2025: 2.5%● unchanged vs 05-2025
07-2025: 2.6%▲ +0.1 percentage points vs 06-2025
08-2025: 2.0%▼ -0.6 percentage points vs 07-2025
09-2025: 2.0%● unchanged vs 08-2025
10-2025: 2.0%● unchanged vs 09-2025
11-2025: 1.7%▼ -0.3 percentage points vs 10-2025
12-2025: 1.7%● unchanged vs 11-2025
01-2026: 1.7%● unchanged vs 12-2025
02-2026: 1.6%▼ -0.1 percentage points vs 01-2026lowest value
03-2026: 1.6%● unchanged vs 02-2026lowest value
04-2026: 1.8%▲ +0.2 percentage points vs 03-2026
05-2026: 1.8%● unchanged vs 04-2026
06-2026: 1.7%▼ -0.1 percentage points vs 05-2026
07-2026: 1.9%▲ +0.2 percentage points vs 06-2026
08-2026: 2.8%▲ +0.9 percentage points vs 07-2026highest value
09-2026: 2.6%▼ -0.2 percentage points vs 08-2026
10-2026: 2.6%● unchanged vs 09-2026
11-2026: 2.6%● unchanged vs 10-2026
Financial strengthWeak
Score breakdown
raises risk
Sector: Food and beverage service activities (NACE 56)
Founded in 2019
Equity €4,956 (5.6% of total assets)
lowers risk
Liquidity: current ratio 0.86, cash €20,119
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 56, micro). It does better than 30% of them on solvency, 35% on liquidity, 8% on profitability and 10% on growth.
The bankruptcy probability was computed on 09-11-2026 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 moderate class on 30-06-2025, 2.4% 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, 646 companies had the same profile as BAR-LOW has now. Each dot stands for 2 companies, two years later.
86.1%
were still trading
5.7%
stopped another way
7.3%
went bankrupt
Another 0.9% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of BAR-LOW itself: 2.6% within 12 months.
Test of the method
The method was tested on the 497,447 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 646 companies, not a prediction for BAR-LOW. 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
No publishable credit limit, so 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 is insufficient, with a current ratio of 0.86 (1.3 in 2024), below 1. Short-term debt is 71.5% and cash 22.9% of total assets. 94.4% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises risk
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 -€18,259
raises risk · 2025 accounts filed 26 days late
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. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 6 filingsDeviation from the deadline
2025
26 days late
2024
30 days early
2023
97 days early
2022
7 days late
2021
31 days late
2020
30 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 6 accounts on average 6 days before the deadline. In the sector (NACE 56), the median for financial year 2024 was 7 days after the deadline, and 53% 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 7 August (4 of the last 5 accounts filed within 37 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
- Adam De Cock founderdeed of 16-08-2019
- Theo De Cock founderdeed of 16-08-2019
- Joeri van den Bosch founderdeed of 16-08-2019
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0732567655
Resignation: Adam De Cock (director)
Director discharge: Adam De Cock · General meeting of 19-03-2025 · Gazette deed
Resignation: Martine Strubbe (director)
General meeting of 04-12-2023 · Gazette deed
Resignation: Joeri Van Den bosch (director)
Director discharge: Joeri Van Den bosch · General meeting of 16-11-2022 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| BAR-LOW Bruges | €87,850 | €3,293 | 5.6% | - |
| ELK TZINNE Izegem | €100,699 | €3,659 | 69.0% | - |
| THE HOT SHOT Koekelare | €71,221 | €2,903 | 47.5% | - |
| JEMAKOR Kortrijk | €75,674 | €3,731 | 54.0% | - |
| FOVU DE BAHAM Anderlecht | €70,723 | €4,805 | 9.0% | - |
| Bar-Rage Beveren-Kruibeke-Zwijndrecht | €69,955 | €4,003 | 5.9% | - |
| wesco Kapellen | €134,610 | €2,844 | 63.7% | - |
These companies have the same main activity as BAR-LOW: cafés and bars (NACE 56301). They are comparable in size and age: total assets between €70,000 and €135,000, founded between 2018 and 2021.
Official details
Source: KBO- Status
- Active since 13-08-2019Normal situation
- Activity
- Cafés and barsNACE 56301
- Establishment unit
- 2.292.558.1788000 Bruges, since 01-10-2019
- Financial year end
- 31 December
- Peppol
- Reachable since 02-12-2025
Insights on BAR-LOW
BAR-LOW files the micro format. That format states no turnover. The gross margin fell from €16,280 in 2020 to €3,293 in 2025.
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 BAR-LOW
- What is the company number of BAR-LOW?
- The company number of BAR-LOW is 0732.567.655. The VAT number is the same number with BE in front: BE 0732.567.655.
- Where is BAR-LOW based?
- The registered office is at Sint-Amandsstraat 11, 8000 Bruges.Company details
- What does BAR-LOW do?
- According to the KBO register, the main activity is cafés and bars (NACE 56301).
- What is the legal form of BAR-LOW?
- BAR-LOW is a private limited company (BV).
- When was BAR-LOW founded?
- BAR-LOW was founded on 13-08-2019.
- Is BAR-LOW still active?
- Yes, BAR-LOW is an active enterprise in the KBO register.
- How many employees does BAR-LOW have?
- BAR-LOW had an average of 0.8 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of BAR-LOW?
- The turnover in financial year 2025 is ≈ €33,000. This figure is estimated from the gross margin of €3,293 and 100 comparable companies (NACE 56301). It probably lies between €17,000 and €74,000. It is a rough estimate.
- Is BAR-LOW profitable?
- In financial year 2025, BAR-LOW made a loss of €18,259.
- Where can I find the annual accounts of BAR-LOW?
- BAR-LOW filed 6 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of BAR-LOW due?
- BAR-LOW must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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