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BARCHA

Active
Private limited companyfounded 2023active for 3 yearsTereken 56, 9100 Sint-Niklaas, BelgiumKBO/BCE: BE 0803.185.239
Summary

The computed 12-month bankruptcy probability of BARCHA is 7.8% (elevated). The 2024 annual accounts show equity of €5,450 and a net result of €450. Its solvency ranks better than 33% of 18,737 sector peers (NACE 56, financial year 2024). The company has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
Limited-service restaurants, excluding mobile food services
NACE 56112
1 site
Size
€57,386total assets 2024
Staff
0.7 FTE
Equity
€5,450
Profit
€450
Turnover not published (micro format)
Financial health
33 Weak Checked score 2024
Bankruptcy probabilitywithin 12 months
7.8%
Structure
Accounts filed 60 days late1 of 2 deeds read
Why 33raises risk1 financial year not filed after the legal deadline; latest accounts 60 days late; 1 of the last 3 lateSector: Food and beverage service activities (NACE 56)Founded in 2023Size: total assets €57,386Show the evidence

Checked score

Score 2024
33 / 100
Weak
Probability in this band: 4.2% to 15.0%
Financially better than 30% of its sector peers (NACE 56, micro)
Financial strength
Weak
Solvency 34
equity 9.5% of total assets
Liquidity 9
short-term debt 90.5% · cash 7.1%
Profitability 70
return on assets 0.8%
Bankruptcy probability, 12 months
7.8% Elevated
0%0.5%1.5%4%10%≥ 25%

About 8 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.8% (23,750 companies, NACE 56, micro)
Last 24 months 11-2024: 7.6%lowest value 12-2024: 8.0%▲ +0.4 percentage points vs 11-2024 01-2025: 8.0%● unchanged vs 12-2024 02-2025: 8.3%▲ +0.3 percentage points vs 01-2025 03-2025: 8.3%● unchanged vs 02-2025 04-2025: 8.1%▼ -0.2 percentage points vs 03-2025 05-2025: 8.6%▲ +0.5 percentage points vs 04-2025 06-2025: 8.6%● unchanged vs 05-2025 07-2025: 8.6%● unchanged vs 06-2025 08-2025: 8.6%● unchanged vs 07-2025 09-2025: 8.6%● unchanged vs 08-2025 10-2025: 8.6%● unchanged vs 09-2025 11-2025: 8.6%● unchanged vs 10-2025 12-2025: 8.6%● unchanged vs 11-2025 01-2026: 8.6%● unchanged vs 12-2025 02-2026: 8.6%● unchanged vs 01-2026 03-2026: 8.7%▲ +0.1 percentage points vs 02-2026 04-2026: 10.1%▲ +1.4 percentage points vs 03-2026 05-2026: 10.9%▲ +0.8 percentage points vs 04-2026 06-2026: 10.9%● unchanged vs 05-2026 07-2026: 10.9%● unchanged vs 06-2026 08-2026: 11.5%▲ +0.6 percentage points vs 07-2026 09-2026: 11.5%● unchanged vs 08-2026highest value 10-2026: 7.8%▼ -3.7 percentage points vs 09-2026
No publishable credit limit; credit only on tighter terms
Liquidity insufficient (current ratio 0.67, below 1; short-term debt: 90.5% and cash: 7.1% of total assets), and 90.5% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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): better than 33% on solvency, 9% on liquidity and 49% on profitability.

The bankruptcy probability was computed on 21-10-2026 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.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
raises riskneutral
raises risk · 1 financial year not filed after the legal deadline; latest accounts 60 days late; 1 of the last 3 late
NBB · filings
raises risk · Sector: Food and beverage service activities (NACE 56)
KBO
raises risk · Founded in 2023
Companies of this age fail more often than older ones; how much that weighs depends on the rest of its profile.
KBO
raises risk · Size: total assets €57,386
Companies of this size fail more often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-09-2025, 60 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 · 1 filing
Deviation from the deadline
2024
60 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its 2024 accounts 60 days after the deadline; the sector median (NACE 56) for financial year 2024 is 6 days after the deadline, and 53% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since incorporation in 2023.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2024 · micro…
  2. Registered officeRegistered-office move

Financials · financial year 2024, micro format

2024 annual accounts filed late (60 days) Filed on 29 September 2025, deadline 31 July 2025 (7 months after the close on 31 December 2024, Companies Code art. 3:10). Source: NBB, 2025-00523423.

Equity
€5,450
Total assets
€57,386
Net result
€450
Working capital
-€16,898

Turnover and EBIT margin not published: the micro format does not require them.

Balance-sheet composition
Assets €57,386
Fixed assets €22,348
Current assets €35,038
Equity and liabilities €57,386
Equity €5,450
Debt €51,936
Debt finances 90.5% of the balance-sheet total.
Key figures and ratios
2024 value
EBITDA
€107,428
Cash flow
€8,162
Current ratio
0.67
Quick ratio
0.61
Debt to equity
9.53
ROE
8.3%
ROA
0.8%
Interest coverage
75.92
Debt ≤ 1 year
€51,936
Income taxes
€2,329
Staff costs
€9,458

Peer companies

Historical observation

Of the 2,135 companies that looked in July 2024 the way this one looks now, 5.2% went bankrupt within 24 months and 92.0% are still going.

  • Micro
  • 2 to 5 years old
  • solvency under 10%
  • a profit under 5% of the balance sheet
5.2% went bankrupt
2.4% stopped otherwise
92.0% still going

A further 0.4% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 7.8% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,473 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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% 1.8%
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 74.5% 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 2,135 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
Filed annual accounts As filed with the NBB · 2024 · 40 lines
Balance sheet Code2024
Assets
Total assets20/58€57,386
Fixed assets21/28€22,348
Intangible fixed assets21€6,213
Tangible fixed assets22/27€16,135
Plant, machinery and equipment23€16,135
Current assets29/58€35,038
Stocks and contracts in progress3€3,425
Stocks30/36€3,425
Amounts receivable within one year40/41€26,549
Trade receivables40€25,234
Other amounts receivable41€1,315
Current investments50/53€1,008
Cash at bank and in hand54/58€4,056
Equity and liabilities
Total equity and liabilities10/49€57,386
Equity10/15€5,450
Contributions10/11€5,000
Profit (loss) carried forward14€450
Amounts payable17/49€51,936
Amounts payable within one year42/48€51,936
Trade debts44€46,181
Suppliers440/4€46,181
Taxes, remuneration and social security45€5,755
Taxes450/3€4,458
Remuneration and social security454/9€1,297
Income statement Code2024
Remuneration, social security and pensions62€9,458
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7,712
Other operating charges640/8€1,730
Non-recurring operating charges66A€1,522
Gross operating margin9900€120,138
Operating profit (loss)9901€99,716
Financial income75/76B€38
Recurring financial income75€38
Financial charges65/66B€96,975
Recurring financial charges65€1,415
Non-recurring financial charges66B€95,560
Profit (loss) for the period before taxes9903€2,779
Income taxes67/77€2,329
Profit (loss) for the period9904€450
Profit (loss) for the period to be appropriated9905€450
Appropriation of the result
Profit (loss) to be appropriated9906€450

The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2024
Remuneration, social security and pensions62€9,458
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7,712
Other operating charges640/8€1,730
Non-recurring operating charges66A€1,522
Gross operating margin9900€120,138
Operating profit (loss)9901€99,716
Financial income75/76B€38
Recurring financial income75€38
Financial charges65/66B€96,975
Recurring financial charges65€1,415
Non-recurring financial charges66B€95,560
Profit (loss) for the period before taxes9903€2,779
Income taxes67/77€2,329
Profit (loss) for the period9904€450
Profit (loss) for the period to be appropriated9905€450
Line2024
Assets
Total assets20/58€57,386
Fixed assets21/28€22,348
Intangible fixed assets21€6,213
Tangible fixed assets22/27€16,135
Plant, machinery and equipment23€16,135
Current assets29/58€35,038
Stocks and contracts in progress3€3,425
Stocks30/36€3,425
Amounts receivable within one year40/41€26,549
Trade receivables40€25,234
Other amounts receivable41€1,315
Current investments50/53€1,008
Cash at bank and in hand54/58€4,056
Equity and liabilities
Total equity and liabilities10/49€57,386
Equity10/15€5,450
Contributions10/11€5,000
Profit (loss) carried forward14€450
Amounts payable17/49€51,936
Amounts payable within one year42/48€51,936
Trade debts44€46,181
Suppliers440/4€46,181
Taxes, remuneration and social security45€5,755
Taxes450/3€4,458
Remuneration and social security454/9€1,297
Line2024
Profit (loss) for the period9904€450
+ Depreciation and write-downs630€7,712
Operating cash flow (approximation)€8,162

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (1)
Financial year Type Filed Reference
31-12-2024 micro format 29-09-2025 2025-00523423

Similar companies · same sector, comparable size

Of the 21,397 active companies whose main activity is limited-service restaurants, excluding mobile food services (NACE 56112), figures are known for 9,835. 5,485 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.

Directors

Directors
No directors read yet: 1 of 2 Gazette acts processed. See the directors and other office holders in the KBO →

Owners and capital

Owners

No owners or capital events in the accounts and acts we read.

History

BARCHA was incorporated on 26 June 2023 as a private limited company.1 The registered office was moved to Sint-Niklaas in 2024.2 The company has filed annual accounts once, for financial year 2024.3

  1. 1KBO register
  2. 2Belgian Official Gazette, 08-10-2024
  3. 3National Bank, annual accounts 2024

Acts, filings and financial milestones

2025
29-09
NBB filing Annual accounts filed
financial year 2024 · micro format · 60 days late
2024
08-10
Gazette deed Registered office
Registered-office move1 fact ▸
  • Registered-office move, 9100 Sint-Niklaas, Tereken 56
Gazette deedNBB filing
1 of 2 deeds read
About the unread acts

Of the 2 Belgian Official Gazette deeds we know for this company, 1 has been read. The other one has not been read yet: what they contain is neither established nor disproved here.

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Register details

Identification
Legal formPrivate limited company
Founded26-06-2023
Financial year end31-12
Activities, NACEBEL 2025
56112Limited-service restaurants, excluding mobile food services
31002Manufacture of furniture
43221Plumbing work
43230Insulation installation
43320Joinery installation
43332Laying of wooden floor and wall coverings
43410Roofing work
56220Contract catering and other food service activities
56301Cafés and bars
82990Other business support services
E-invoicing
Reachable via Peppol
Peppol ID 0208:0803185239
Also 9925:BE0803185239
Registered 07-01-2026

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 22 October 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.

Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice, with enterprise number 0803.185.239

Recognitions · licences · registrations

Food safety, FASFC

1 site
Sint-Niklaasunit no. 2.359.959.421
2 permissions
Authorisation · Eetgelegenheid · since 25-04-2025
Authorisation · Frituur · since 25-04-2025

Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.

Sites & property

Location & real-estate footprint
Registered office, Sint-Niklaas · 1 establishment unit since 2024
registered office establishment The establishment unit on the map
Ground area
231 m²
Building footprint
94 m²
Building volume
539 m³
Parcel 46445D1031/00E002, Flanders · tallest building 10.7 m. Linked by address, not a title deed.
1 establishment unit
Tereken 56, 9100 Sint-Niklaas
Limited-service restaurants, excluding mobile food services
since 2024unit no. 2.359.959.421
1 parcel
Flanders 1 (100%)
Cadastral parcel Region Area Buildings Height / floors
46445D1031/00E002 Flanders 231 m² 1 · 94 m² 10.7 m · 2
How the parcels are linked
Good to know
The parcel matches the address exactly.