BARBA'S
ActiveBARBA'S has been active since 1997 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €59k and a net result of €-21k. Equity is shrinking by ~10.6% per year across the filed fiscal years. Its solvency ranks better than 76% of 11165 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2025
60
/ 100
Healthy▲ +8 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0=
Solvency100=
Growth32=
Stability100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4k at 30 days acceptable
Liquidity ample (current ratio 3.81 against 57.44 in 2024), and 25.3% 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
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 · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
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
74.7%
Return on assets
-26.1%
Age of the figures
11 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity fell accordingly. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year -€21k
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 13-04-2026, 17 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
17 d early
2024
30 d early
2023
49 d early
2022
30 d early
2021
9 d early
2020
24 d early
2019
44 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
13-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€59k▼ 25.9%
2024 · €79k
2018: €142k
2019: €127k
2020: €119k
2021: €133k
2022: €91k
2023: €104k
2024: €79k
2018 → 2025
Total assets
€79k▼ 2.5%
2024 · €81k
2018: €153k
2019: €143k
2020: €125k
2021: €140k
2022: €126k
2023: €109k
2024: €81k
2018 → 2025
Net result
€-21k▲ 16.6%
2024 · €-25k
2018: €-3k
2019: €-15k
2020: €-8k
2021: €15k
2022: €-11k
2023: €13k
2024: €-25k
2018 → 2025
Working capital
€56k▼ 25.2%
2024 · €75k
2018: €142k
2019: €125k
2020: €117k
2021: €131k
2022: €90k
2023: €97k
2024: €75k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€133k-€91k▼ 31.8%€104k▲ 14.5%€79k▼ 23.7%€59k▼ 25.9%
Operating result€17k-€-12k€12k€-26k€-22k▲ 16.0%
Net result€15k-€-11k€13k€-25k€-21k▲ 16.6%
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 €22k in 2025 against €26k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €79k
Fixed assets
€3k▼ 37.5%
Current assets
€76k▼ 0.3%
Equity and liabilities €79k
Equity
€59k▼ 25.9%
Debt
€20k▲ 1,403%
The debt ratio rises from 1.6% to 25.3%: debt grows while equity shrinks.
Key figures and ratios
EBITDA
€-19k▲
2024 · €-24k
Cash flow
€-18k▲
2024 · €-22k
Solvency
74.7%▼
2024 · 98.4%
Current ratio
3.81▼
2024 · 57.44
Quick ratio
3.81▼
2024 · 57.44
Debt / equity
0.34▲
2024 · 0.02
ROE
-34.9%▼
2024 · -31.0%
ROA
-26.1%▲
2024 · -30.5%
Interest coverage
-65.45▼
2024 · -58.48
Debt
€20k▲
2024 · €1k
Debt ≤ 1 year
€20k▲
2024 · €1k
Income taxes
€152▲
2024 · €151
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€81k€79k▼
Fixed assets21/28€5k€3k▼
Tangible fixed assets22/27€5k€3k▼
Furniture and vehicles24€5k€3k▼
Current assets29/58€76k€76k▼
Amounts receivable within one year40/41€73k€69k▼
Trade receivables40€787€526▼
Other amounts receivable41€72k€69k▼
Cash at bank and in hand54/58€2k€6k▲
Deferred charges and accrued income490/1€867€961▲
Equity and liabilities
Total equity and liabilities10/49€81k€79k▼
Equity10/15€79k€59k▼
Contributions10/11€12k€12k=
Reserves13€67k€46k▼
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€65k€44k▼
Amounts payable17/49€1k€20k▲
Amounts payable within one year42/48€1k€20k▲
Trade debts44€902€78▼
Suppliers440/4€902€78▼
Taxes, remuneration and social security45€419€462▲
Taxes450/3€419€462▲
Other amounts payable47/48-€19k
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€3k▲
Other operating charges640/8€929€741▼
Gross operating margin9900€-23k€-19k▲
Operating profit (loss)9901€-26k€-22k▲
Financial income75/76B€2k€2k▼
Recurring financial income75€2k€2k▼
Financial charges65/66B€407€295▼
Recurring financial charges65€407€295▼
Profit (loss) for the period before taxes9903€-24k€-20k▲
Income taxes67/77€151€152▲
Profit (loss) for the period9904€-25k€-21k▲
Profit (loss) for the period to be appropriated9905€-25k€-21k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-25k€-21k▲
Transfer from equity791/2€25k€21k▼
Transfer to equity691/2€0-
To other reserves6921€0-
The notes to these accounts (8 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
13-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-03
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-09
Financial
Weakest financial yearnet €-25k ▼287%
Net result drops to €-25k, the lowest in the series; recovery starts the following year.
30-09
Financial
Liquidity triplescurrent ratio 57.44
Current ratio from 20.57 to 57.44; short-term debt falls from €5k to €1k.
12-03
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-09
Financial
Back to profitnet €13k
Net result €13k after one loss-making year.
30-09
Financial
Liquidity times 6current ratio 20.57
Current ratio from 3.52 to 20.57; short-term debt falls from €36k to €5k.
30-09
Financial
Equity above €100kEq €104k ▲14.5%
Equity rises from €91k to €104k.
31-03
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
21-04
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-09
Financial
Back to profitnet €15k
Net result €15k after 3 loss-making years.
06-04
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
30-09
Financial
Liquidity triplescurrent ratio 22.40
Current ratio from 8.85 to 22.40; short-term debt falls from €16k to €5k.
17-03
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
30-04
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
08-05
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 8 days late
2017
28-03
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
2 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, Harelbeke · 1 establishment unit since 1997
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.
Wantestraat 48531 HarelbekeGround area
3,159 m²
Building footprint
223 m²
Volume, LiDAR
1,079 m³
Parcel 34017B0064/00E000, Flanders · tallest building 10.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Barba's
since 19972.083.390.942
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34017B0064/00E000 | Flanders | 3,159 m² | 1 · 223 m² | 10.3 m · 2 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 6,127 companies in sector 46190 we hold annual accounts for 2,554. 1,939 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded08-04-1997
Fiscal year end30-09
Activities, NACEBEL
46190Agents in non-specialised wholesale trade
74142
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 28 filingsAddress and cadastre registers
Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.