Summary
Conclusion
the dossier summarised in one paragraphThe computed 12-month bankruptcy probability of BARAT is 3.2% (moderate). The 2024 annual accounts show equity of €453k and a net result of €-257k. Equity is growing by ~16.4% per year across the filed fiscal years. Its solvency ranks better than 40% of 121 sector peers (fiscal year 2024). The company has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals.
Based on the State Gazette, CBE and 7 annual accounts.
Filing behaviour
From the deposit records, complete market-wideDeadline passed, not yet counted as missing
The deadline for the year that closed on 31-12-2025 passed on 31-07-2026, 13 days ago. Our copy of the deposit register trails the National Bank (measured: median 14 days, p99 45 days), so we only call this filing missing from 45 days past the deadline.
Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 25-08-2025, 25 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.
How we compute the deadline
The year end is derived from 10 filed financial years, each closing on 31-12. The statutory deadline is seven months after the close of the financial year (art. 3:10 par. 1 CAC, art. 3:47 par. 7 for ASBL and foundations). Applied to the financial year that closed on 31-12-2024, that is 31-07-2025.
Deadline per financial year
| Year closed | Due by | Filed | Variance | Reference |
|---|---|---|---|---|
| 31-12-2025 | 31-07-2026 | nothing on record | not filed | - |
| 31-12-2024 | 31-07-2025 | 25-08-2025 | 25 d late | 2025-00396308 |
| 31-12-2023 | 31-07-2024 | 30-08-2024 | 30 d late | 2024-00401921 |
| 31-12-2022 | 31-07-2023 | 31-05-2024 | 305 d late | 2024-00102545 |
| 31-12-2021 | 31-07-2022 | 14-09-2023 | 410 d late | 2023-00445829 |
| 31-12-2020 | 31-07-2021 | 14-09-2023 | 775 d late | 2023-00445830 |
| 31-12-2019 | 31-07-2020 | 28-11-2020 | 120 d late | 2020-74200578 |
| 31-12-2018 | 31-07-2019 | 05-06-2020 | 310 d late | 2020-17600544 |
| 31-12-2017 | 31-07-2018 | 05-06-2020 | 675 d late | 2020-17600543 |
| 31-12-2016 | 31-07-2017 | 26-11-2017 | 118 d late | 2017-70100154 |
| 31-12-2015 | 31-07-2016 | 26-11-2017 | 483 d late | 2017-70100153 |
Source: the National Bank's deposit records. Those records are complete, including for years whose figures we have not read yet. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.
Trust signals
2 signalsEstablished
Founded in 2015, 11 years in business.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.
Administrative Flags
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Bankruptcy probability (12 mo)
Checked model v1 · free for everyone3.2%
Moderate
0%0,5%1,5%4%10%≥25%
Higher-failure-rate region
+Multiple establishment units
+Higher-failure-rate sector
+
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
Financials
TurnoverNot published (abbreviated filing)
EBIT marginNot published (abbreviated filing)
Net result€-257k
Working capital€185k-64.7%
Annual accounts & ratios
Source: NBB · 2024Annual accounts filed on 25-08-2025 with the NBB · fiscal year 2024 · volledig
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
growing
Equity: growth of ~16.4%/year over 7 fiscal years, indicative, assuming unchanged policy.
Solid line = filed figures · dashed = extended trend · area = indicative range.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
Sector comparison
Fiscal year 2024 · NACE 10, Food manufacturing · compared within the same schema type (full schema)
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 19.8% | 28.8% | |
| Net result | €-257k | €25k | |
| Equity | €453k | €397k | |
| Gross operating margin | €1.48M | €404k | |
| Staff costs | €1.10M | €518k |
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
Sector position over time
Percentile per fiscal year versus peers that filed figures, computed year by year (a year without enough peers is absent).
P40
Weakening position over 2020-2024
· n=74-121
P8
Weakening position over 2020-2024
· n=74-120
P53
Improving position over 2020-2024
· n=74-121
P90
Improving position over 2020-2024
· n=43-83
Describes the position versus peers, not a forecast.
€307k
-24.0%
18-24
€-257k
-
18-24
€-35k
-
18-24
€2.28M
+72.1%
18-24
€453k
-36.2%
18-24
€185k
-64.7%
18-24
24
+17.5%
18-24
€1.10M
+11.2%
18-24
€317k
+228.5%
18-24
€1.83M
+196.7%
18-24
€1.14M
+212.0%
18-24
€692k
+174.2%
18-24
1.16
-52.4%
18-24
1.04
-56.1%
18-24
19.8%
-62.9%
18-24
4.04
+365.0%
18-24
-56.7%
-
18-24
-11.3%
-
18-24
11.62
-81.4%
18-24
Figures by fiscal year
| Fiscal year | 2024 |
|---|---|
| Deposit | volledig |
| Revenue | - |
| EBITDA | €307k |
| Net profit | €-257k |
| Cash flow | €-35k |
| Staff costs | €1.10M |
| Income taxes | €317k |
| Dividends | - |
| Total assets | €2.28M |
| Equity | €453k |
| Debt | €1.83M |
| of which ≤ 1y | €1.14M |
| of which > 1y | €692k |
| Working capital | €185k |
| Employees (FTE) | 24.2 |
Ratios (computed)
| 2024 | |
|---|---|
| Current ratio | 1.16 |
| Quick ratio | 1.04 |
| Working capital ratio | 8.1% |
| Solvency | 19.8% |
| Debt / equity | 4.04 |
| Long-term debt ratio | 1.53 |
| Interest coverage | 11.62 |
| Gross margin | - |
| Net margin | - |
| ROA | -11.3% |
| ROE | -56.7% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Balance-sheet composition 2024
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €2.28M |
| Fixed assets | 21/28 | €962k |
| Intangible fixed assets | 21 | €56k |
| Tangible fixed assets | 22/27 | €899k |
| Financial fixed assets | 28 | €6k |
| Current assets | 29/58 | €1.32M |
| Stocks & contracts in progress | 3 | €144k |
| Amounts receivable within one year | 40/41 | €875k |
| Cash & bank | 54/58 | €295k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €2.28M |
| Equity | 10/15 | €453k |
| Contributions / capital | 10/11 | €40k |
| Reserves | 13 | €276k |
| Accumulated profits (losses) | 14 | €137k |
| Amounts payable | 17/49 | €1.83M |
| Amounts payable after one year | 17 | €692k |
| Amounts payable within one year | 42/48 | €1.14M |
| Trade debts payable within one year | 44 | €550k |
| Income statement | ||
| Gross operating margin | 9900 | €1.48M |
| Operating result | 9901 | €85k |
| Financial income | 75 | €2k |
| Financial charges | 65 | €26k |
| Result before taxes | 9903 | €60k |
| Income taxes | 67/77 | €317k |
| Net result for the period | 9904 | €-257k |
| Result to be appropriated | 9905 | €-257k |
You're seeing the latest fiscal year only. Unlock 4 prior years (figures + ratios) with a paid plan.
See plans →
Ratios computed by Checked.
Health barometer
FY 2024 · computed45
/ 100
Fair
Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.
Unlock the full score breakdown, per-year score history and the indicative credit limit from Kantoor S.
See plans →Computed by Checked from the NBB filing for FY 2024. Indicative, not credit advice.
Directors
Directors & mandates
1 directorCurrent directors & mandates
-
BARAT RémyDirectorState Gazette act 24422844 (19-08-2024)Current19-08-2024 → present
Permanent representatives (1)
These people represent a legal-person director (a management company, for instance). They hold no board mandate of their own and do not count as directors.
-
BARAT RémyPermanent representativeState Gazette act 24422844 (19-08-2024)Permanent representative19-08-2024 → present
Full appointment history from the Belgian State Gazette. Permanent representatives are shown for corporate directors.This list is read straight from this company's published acts, not from the officer register.
Insolvency mandates
No insolvency mandates (liquidators, administrators) on record for this company.
Legal Structure
| NACE primary | Industriële vervaardiging van brood en van vers banketbakkerswerk(10711) |
| Legal form | Private limited company(610) |
| Incorporation | 01-06-2015 |
| Status | Active |
| Postal code | 1180 |
Structure & network
Locations & real estate
Registered office
from the Crossroads BankCannot 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-Jobsplein 341180 UkkelEstablishment units
3 locationsSint-Jobsplein 34, 1180 Ukkel
since 20152.242.493.906
Barat SRL
since 20202.310.457.945
Alsembergsesteenweg 664, 1180 Ukkel
since 20242.361.330.287
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels3
Ground area1,009 m²
Buildings3
Building footprint933 m²
Volume (LiDAR)11,394 m³
Tallest building19.2 m · ±6 fl.
Real-estate footprint
Source: CBE × cadastre · address linkingParcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
Brussels
3
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21016B0034/00P015 | Brussels | 572 m² | 1 · 510 m² | 19.2 m · 5 fl. |
| 21612D0322/00F002 | Brussels | 290 m² | 1 · 280 m² | 15.9 m · 1 fl. |
| 21807G0185/00S003 | Brussels | 147 m² | 1 · 143 m² | 18.7 m · 6 fl. |
Methodology
via registered seat: 1 · via establishment units: 2
3 of 3 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Publications
Lifecycle & Insolvency Signals
No insolvency signals in the Belgian State Gazette
Belgisch Staatsblad · acts
1 acts All acts · 1
updated 1 year ago
2024
19-08-2024 2 directors appointed
- BARAT Rémy, Bestuurder
- BARAT Rémy, Vaste vertegenwoordiger
Notary:
Benoit DE SMET · Péruwelz
Analysis
Snowflake analysis
financial profile on 5 axes45
/ 100
Mixed profile: strong on stability, weaker on profitability.
All 5 axes are computed from data Checked has read.
Health
45
Profitability
0
Solvency
28
Growth
52
Stability
100
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Credit advice
verdict per customer and amountSimilar
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We hold annual accounts for 74 of the 508 companies in this sector. 41 of them are within a factor 10 of this company's equity.
Company registry
Company registry (CBE)
Crossroads BankActivities
Industriële vervaardiging van brood en van vers banketbakkerswerk10711Industriële vervaardiging van brood en van vers banketbakkerswerk10711Ambachtelijke vervaardiging van brood en van vers banketbakkerswerk10712Ambachtelijke vervaardiging van brood en van vers banketbakkerswerk10712Vervaardiging van beschuit en biscuit en van ander houdbaar banketbakkerswerk10720Vervaardiging van beschuit, biscuit en houdbaar banketbakkerswerk10720Detailhandel in brood en banketbakkerswerk in gespecialiseerde winkels (koude bakkers)47241Detailhandel in brood en banketbakkerswerk (koude bakkers)47241Handelsbemiddeling in voedings- en genotmiddelen46170Handelsbemiddeling in de groothandel in voedings- en genotmiddelen46170Groothandel in groenten en fruit, m.u.v. consumptieaardappelen46319Groothandel in groenten en fruit, muv consumptieaardappelen46319Detailhandel in dranken in gespecialiseerde winkels, algemeen assortiment47252Detailhandel in dranken, algemeen assortiment47252Overige detailhandel in voedingsmiddelen, neg47279Overige detailhandel in voedingsmiddelen in gespecialiseerde winkels, n.e.g.47299
Primary activity highlighted.
Names & trade names
| Legal nameFR | BARAT |
Registered office
Sint-Jobsplein 34
1180 Ukkel, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.