BARBOLETA
ActiveSummary
BARBOLETA has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €152,942 and a net result of €18,773. Equity is growing by ~47.1% per year across the filed fiscal years. Its solvency ranks better than 90% of 18626 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability77▼-10
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €12,000 at 30 days acceptable
Liquidity ample (current ratio 4.37 against 5.85 in 2024; short-term debt: 15.8% and cash: 35.7% of total assets), and 15.8% of the assets are financed with debt.
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Signals
Four 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 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more bankruptcies
← 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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
84.2%
Return on assets
10.3%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-06-2026, 31 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
31 d early
2024
9 d early
2023
2 d early
2022
14 d early
2021
43 d late
2020
32 d early
2019
11 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 8 days before the deadline; the sector median for financial year 2024 is on the deadline day, and 47% of the sector filed late.
Checked, nothing found (2)
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. Usually files around 22 July (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€152,942▲ 14.0%
2024 · €134,169
Total assets
€181,688▲ 12.5%
2024 · €161,488
Net result
€18,773▼ 21.4%
2024 · €23,870
Working capital
€96,861▼ 26.7%
2024 · €132,100
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€22,331▼ 52.9%€57,079▲ 156%€49,348▼ 13.5%€36,672▼ 25.7%€31,911▼ 13.0%
Net result€11,711within the sector's middle half▼ 67.1%€34,366above the sector's middle half▲ 193%€37,019above the sector's middle half▲ 7.7%€23,870above the sector's middle half▼ 35.5%€18,773within the sector's middle half▼ 21.4%
Equity€38,913within the sector's middle half▲ 43.1%€73,279within the sector's middle half▲ 88.3%€110,298within the sector's middle half▲ 50.5%€134,169above the sector's middle half▲ 21.6%€152,942above the sector's middle half▲ 14.0%
Total assets€99,988within the sector's middle half▲ 12.4%€127,997within the sector's middle half▲ 28.0%€143,408within the sector's middle half▲ 12.0%€161,488within the sector's middle half▲ 12.6%€181,688within the sector's middle half▲ 12.5%
Debt€61,075▼ 1.1%€54,717▼ 10.4%€33,110▼ 39.5%€27,320▼ 17.5%€28,747▲ 5.2%
Working capital€38,359within the sector's middle half▲ 47.0%€73,279within the sector's middle half▲ 91.0%€107,557above the sector's middle half▲ 46.8%€132,100above the sector's middle half▲ 22.8%€96,861above the sector's middle half▼ 26.7%
Solvency38.9%within the sector's middle half▲ 8.3pp57.3%within the sector's middle half▲ 18.3pp76.9%above the sector's middle half▲ 19.7pp83.1%above the sector's middle half▲ 6.2pp84.2%above the sector's middle half▲ 1.1pp
Current ratio1.63within the sector's middle half▲ 0.212.34within the sector's middle half▲ 0.714.25above the sector's middle half▲ 1.915.85above the sector's middle half▲ 1.604.37above the sector's middle half▼ 1.48
Return on assets (ROA)11.7%within the sector's middle half▼ 28.3pp26.8%above the sector's middle half▲ 15.1pp25.8%above the sector's middle half▼ 1.0pp14.8%above the sector's middle half▼ 11.0pp10.3%within the sector's middle half▼ 4.4pp
above
within
below
the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen three years in a row; 2025 is 13% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €181,688
Fixed assets
€56,081 ▲ 2,514%
Current assets
€125,607 ▼ 21.2%
Equity and liabilities €181,688
Equity
€152,942 ▲ 14.0%
Debt
€28,747 ▲ 5.2%
Debt's share of the balance-sheet total falls from 16.9% to 15.8%. Equity and debt are higher.
Key figures and ratios
EBITDA
€33,073▼
2024 · €37,268
Cash flow
€19,936▼
2024 · €24,466
Quick ratio
3.08▼
2024 · 3.93
Debt to equity
0.19▼
2024 · 0.20
ROE
12.3%▼
2024 · 17.8%
Interest coverage
5.40▼
2024 · 7.95
Debt ≤ 1 year
€28,747▲
2024 · €27,243
Income taxes
€7,692▼
2024 · €9,355
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 34,696 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 95% are still going.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.7%
went bankrupt
3.9%
stopped otherwise
95%
still going
For this company itself Checked computes a bankruptcy probability of 0.5% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.9% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 34,696 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | €25,993 | €5,101 | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €554 | €554 | €239 | €596 | €1,163 | ▲ 95.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | - | €3,776 | - |
| Other operating charges640/8 | €2,659 | €1,620 | €1,175 | €1,974 | €1,483 | ▼ 24.9% |
| Gross operating margin9900 | €25,544 | €59,252 | €50,761 | €39,243 | €38,332 | ▼ 2.3% |
| Operating profit (loss)9901 | €22,331 | €57,079 | €49,348 | €36,672 | €31,911 | ▼ 13.0% |
| Financial income75/76B | €127 | €64 | €9,638 | €1,240 | €677 | ▼ 45.4% |
| Recurring financial income75 | €127 | €64 | €647 | €1,240 | €677 | ▼ 45.4% |
| Non-recurring financial income76B | - | - | €8,991 | €0 | - | - |
| Financial charges65/66B | €2,369 | €5,282 | €4,018 | €4,687 | €6,122 | ▲ 30.6% |
| Recurring financial charges65 | €2,369 | €5,282 | €4,018 | €4,687 | €6,122 | ▲ 30.6% |
| Profit (loss) for the period before taxes9903 | €20,089 | €51,860 | €54,968 | €33,225 | €26,466 | ▼ 20.3% |
| Income taxes67/77 | €8,379 | €17,494 | €17,949 | €9,355 | €7,692 | ▼ 17.8% |
| Profit (loss) for the period9904 | €11,711 | €34,366 | €37,019 | €23,870 | €18,773 | ▼ 21.4% |
| Profit (loss) for the period to be appropriated9905 | €11,711 | €34,366 | €37,019 | €23,870 | €18,773 | ▼ 21.4% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €99,988 | €127,997 | €143,408 | €161,488 | €181,688 | ▲ 12.5% |
| Fixed assets21/28 | €554 | - | €2,741 | €2,145 | €56,081 | ▲ 2,514% |
| Tangible fixed assets22/27 | €554 | - | €2,741 | €2,145 | €56,081 | ▲ 2,514% |
| Plant, machinery and equipment23 | €554 | - | €2,741 | €2,145 | €12,508 | ▲ 483% |
| Other tangible fixed assets26 | - | - | - | - | €43,573 | - |
| Current assets29/58 | €99,435 | €127,997 | €140,667 | €159,343 | €125,607 | ▼ 21.2% |
| Stocks and contracts in progress3 | €31,164 | €45,974 | €49,721 | €52,262 | €37,039 | ▼ 29.1% |
| Stocks30/36 | €31,164 | €45,974 | €49,721 | €52,262 | €37,039 | ▼ 29.1% |
| Amounts receivable within one year40/41 | €349 | €121 | €117 | €14,390 | €18,883 | ▲ 31.2% |
| Trade receivables40 | €41 | - | - | €10,306 | €6,530 | ▼ 36.6% |
| Other amounts receivable41 | €309 | €121 | €117 | €4,084 | €12,352 | ▲ 202% |
| Cash at bank and in hand54/58 | €67,533 | €76,857 | €89,381 | €89,611 | €64,916 | ▼ 27.6% |
| Deferred charges and accrued income490/1 | €389 | €5,045 | €1,448 | €3,081 | €4,770 | ▲ 54.8% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €99,988 | €127,997 | €143,408 | €161,488 | €181,688 | ▲ 12.5% |
| Equity10/15 | €38,913 | €73,279 | €110,298 | €134,169 | €152,942 | ▲ 14.0% |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €11,711 | €46,077 | €83,096 | €106,966 | €125,739 | ▲ 17.6% |
| Distributable reserves133 | €11,711 | €46,077 | €83,096 | €106,966 | €125,739 | ▲ 17.6% |
| Profit (loss) carried forward14 | €8,602 | €8,602 | €8,602 | €8,602 | €8,602 | = |
| Amounts payable17/49 | €61,075 | €54,717 | €33,110 | €27,320 | €28,747 | ▲ 5.2% |
| Amounts payable within one year42/48 | €61,075 | €54,717 | €33,110 | €27,243 | €28,747 | ▲ 5.5% |
| Current portion of amounts payable after more than one year42 | €7,090 | €10,000 | €10,000 | €10,038 | €10,022 | ▼ 0.2% |
| Trade debts44 | €5,932 | €7,747 | €6,368 | €4,239 | €12,335 | ▲ 191% |
| Suppliers440/4 | €5,932 | €7,747 | €6,368 | €4,239 | €12,335 | ▲ 191% |
| Taxes, remuneration and social security45 | €7,072 | €9,165 | €15,661 | €12,967 | €6,390 | ▼ 50.7% |
| Taxes450/3 | €7,072 | €9,165 | €15,661 | €12,967 | €6,390 | ▼ 50.7% |
| Other amounts payable47/48 | €40,981 | €27,806 | €1,080 | €0 | - | - |
| Accrued charges and deferred income492/3 | - | - | - | €76 | €0 | ▼ 100% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €11,711 | €34,366 | €37,019 | €23,870 | €18,773 | ▼ 21.4% |
| + Depreciation and write-downs630 | €554 | €554 | €239 | €596 | €1,163 | ▲ 95.0% |
| Operating cash flow (approximation) | €12,264 | €34,920 | €37,257 | €24,466 | €19,936 | ▼ 18.5% |
| Investment in fixed assets (approximation) | - | - | - | €0 | -€55,098 | - |
| Change in cash | - | €9,324 | €12,524 | €229 | -€24,695 | ▼ 10,865% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
30-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Equity above €150,000Eq €152,942 ▲14%
6 profitable years in a row build equity to €152,942.
22-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
29-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Highest result since 2018net €37,019 ▲7.7%
Net result €37,019, the highest in the series.
31-12
Financial
Equity above €100,000Eq €110,298 ▲50.5%
4 profitable years in a row build equity to €110,298.
17-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
12-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 43 days late
2021
29-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Back to profitnet €35,581
Net result €35,581 after one loss-making year.
20-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Weakest financial yearnet -€14,176
Net result drops to -€14,176, the lowest in the series; recovery starts the following year.
Show earlier events
15-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
10-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
03-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 3 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 7 acts read
About the unread acts
We know of 7 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
7 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, Herk-de-Stad · 1 establishment unit since 2025
Ground area
6,263 m²
Building footprint
480 m²
2 parcels, Flanders, Wallonia. Linked by address, not a title deed.
165
companies at this address
See who is registered here
1 establishment unit
American Store / T-signstudio
since 20252.371.594.273
2 parcels
Flanders
1
(50%)
Wallonia
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71003B0070/00Z004 | Flanders | 5,956 m² | 1 · 357 m² | - |
| 83031A0068/00H000 | Wallonia | 306 m² | 1 · 123 m² | - |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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ACHILLES TAILOR
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Of 6,495 companies in sector 47716 we hold annual accounts for 2,441. 1,840 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded14-02-2007
Fiscal year end31-12
Activities, NACEBEL 2025
47716Retail sale of clothing and accessories for women, men, children and babies (general range)
47784Retail sale of souvenirs and religious articles
Contact
E-mail
info@barboleta.beLa Roche-en-Ardenne
E-invoicing
Reachable via Peppol
Peppol ID
0208:0887388662
Also
9925:BE0887388662
Registered
03-01-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.