BARCO CONSTRUCT
ActiveSummary
BARCO CONSTRUCT has been active since 2000 and the Belgian Official Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €221,540 and a net result of €21,071. Equity is growing by about 14% per year across the filed financial years. Its solvency ranks better than 23% of 600 sector peers (NACE 43, financial year 2026). The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
- Equity
- €221,540
- Profit
- €21,071
Why 91raises riskSector: Specialised construction activities (NACE 43)lowers riskSize: total assets €807,543Figures for financial year 2026 (filed 14-10-2026)Founded in 2000Show the evidence
Checked score
About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 43, micro): better than 29% on solvency, 53% on liquidity, 42% on profitability and 56% on growth.
The bankruptcy probability was computed on 24-10-2026 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
This company filed its last 7 accounts on average 13 days before the deadline; the sector median (NACE 43) for financial year 2024 is 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2026 · micro…
- Annual accounts filedfinancial year 2025 · micro…
- Equity above €200,000equity €200,469 ▲11.2%
Financials · financial year 2026, micro format
2022 to 2026, 5 financial years 2019 to 2026, 8 financial years
After the dip in 2024 the operating result has climbed two years in a row; 2026 is 6% above 2025.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 43, Specialised construction activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Peer companies
Historical observationOf the 4,685 companies that looked in July 2024 the way this one looks now, 1.1% went bankrupt within 24 months and 96.9% are still going.
- Small
- 20 years or older
- solvency 10 to 30%
- a profit under 5% of the balance sheet
For this company itself Checked computes a bankruptcy probability of 0.1% 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 497,475 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% | 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% |
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 4,685 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.
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | - | - | - | €3,027 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €72,162 | €67,597 | €68,644 | €59,195 | €77,006 | €78,177 | €85,050 | €75,879 | ▼ 10.8% |
| Other operating charges640/8 | - | - | - | €4,407 | €5,296 | €4,597 | €6,396 | €8,049 | ▲ 25.8% |
| Gross operating margin9900 | €113,002 | €102,063 | €136,194 | €125,850 | €128,919 | €116,628 | €134,785 | €129,708 | ▼ 3.8% |
| Operating profit (loss)9901 | €34,834 | €26,615 | €62,877 | €62,248 | €46,617 | €33,855 | €43,339 | €45,780 | ▲ 5.6% |
| Financial income75/76B | - | - | - | €82 | €140 | €423 | €498 | €415 | ▼ 16.7% |
| Recurring financial income75 | €112 | €42 | €81 | €82 | €140 | €423 | €498 | €415 | ▼ 16.7% |
| Financial charges65/66B | - | - | - | €17,605 | €21,061 | €18,433 | €16,460 | €14,590 | ▼ 11.4% |
| Recurring financial charges65 | €26,046 | €20,038 | €18,863 | €17,605 | €21,061 | €18,433 | €16,460 | €14,590 | ▼ 11.4% |
| Profit (loss) for the period before taxes9903 | €8,900 | €6,619 | €44,095 | €44,725 | €25,695 | €15,844 | €27,377 | €31,605 | ▲ 15.4% |
| Income taxes67/77 | €2,762 | €2,107 | €14,917 | €4,960 | €2,424 | €3,637 | €7,171 | €10,533 | ▲ 46.9% |
| Profit (loss) for the period9904 | €6,138 | €4,513 | €29,178 | €39,766 | €23,271 | €12,207 | €20,206 | €21,071 | ▲ 4.3% |
| Transfer from tax-exempt reserves789 | - | - | - | €4,092 | - | - | - | - | - |
| Profit (loss) for the period to be appropriated9905 | €6,138 | €4,513 | €29,178 | €43,858 | €23,271 | €12,207 | €20,206 | €21,071 | ▲ 4.3% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €0.9m | €0.8m | €0.9m | €1.3m | €1.0m | €1.0m | €0.9m | €0.8m | ▼ 6.5% |
| Fixed assets21/28 | €0.8m | €0.7m | €0.7m | €0.9m | €0.9m | €0.8m | €0.8m | €0.7m | ▼ 9.5% |
| Tangible fixed assets22/27 | €0.8m | €0.7m | €0.7m | €0.9m | €0.9m | €0.8m | €0.8m | €0.7m | ▼ 9.5% |
| Land and buildings22 | - | - | - | €0.6m | €0.6m | €0.5m | €0.5m | €0.5m | ▼ 6.5% |
| Plant, machinery and equipment23 | - | - | - | €0.3m | €0.3m | €0.2m | €0.3m | €0.2m | ▼ 16.1% |
| Furniture and vehicles24 | - | - | - | €0.04m | €0.03m | €0.01m | €0.001m | €0.002m | ▲ 54.8% |
| Financial fixed assets28 | - | €0.005m | - | - | - | - | - | - | - |
| Current assets29/58 | €0.1m | €0.1m | €0.2m | €0.3m | €0.2m | €0.2m | €0.1m | €0.1m | ▲ 17.2% |
| Stocks and contracts in progress3 | €0.01m | €0.01m | €0.02m | €0.02m | €0.03m | €0.03m | €0.01m | €0.009m | ▼ 17.9% |
| Stocks30/36 | - | - | - | €0.02m | €0.03m | €0.03m | €0.01m | €0.009m | ▼ 17.9% |
| Contracts in progress37 | - | - | - | - | €0.005m | - | - | - | - |
| Amounts receivable within one year40/41 | €0.04m | €0.02m | €0.02m | €0.07m | €0.05m | €0.003m | €0.02m | €0.03m | ▲ 57.7% |
| Trade receivables40 | - | - | - | €0.03m | €0.05m | €0.003m | €0.02m | €0.03m | ▲ 58.5% |
| Other amounts receivable41 | - | - | - | €0.03m | €0.006m | €46 | €112 | €19 | ▼ 83.4% |
| Cash at bank and in hand54/58 | €0.05m | €0.07m | €0.1m | €0.2m | €0.09m | €0.1m | €0.06m | €0.07m | ▲ 11.7% |
| Deferred charges and accrued income490/1 | - | - | - | €0.004m | - | €0.001m | €0.003m | €0.002m | ▼ 9.1% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €0.9m | €0.8m | €0.9m | €1.3m | €1.0m | €1.0m | €0.9m | €0.8m | ▼ 6.5% |
| Equity10/15 | €0.07m | €0.08m | €0.1m | €0.1m | €0.2m | €0.2m | €0.2m | €0.2m | ▲ 10.5% |
| Contributions10/11 | €0.02m | €0.02m | - | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | = |
| Reserves13 | €0.05m | €0.06m | €0.09m | €0.1m | €0.1m | €0.2m | €0.2m | €0.2m | ▲ 11.6% |
| Non-distributable reserves130/1 | - | - | - | €0.002m | €0.002m | €0.002m | - | - | - |
| Reserves not available under the articles1311 | - | - | - | €0.002m | €0.002m | - | - | - | - |
| Other1319 | - | - | - | - | - | €0.002m | - | - | - |
| Distributable reserves133 | - | - | - | €0.1m | €0.1m | €0.2m | €0.2m | €0.2m | ▲ 11.6% |
| Amounts payable17/49 | €0.8m | €0.8m | €0.8m | €1.1m | €0.9m | €0.8m | €0.7m | €0.6m | ▼ 11.6% |
| Amounts payable after more than one year17 | €0.7m | €0.7m | €0.6m | €0.8m | €0.7m | €0.6m | €0.5m | €0.4m | ▼ 15.2% |
| Financial debts170/4 | - | - | - | €0.8m | €0.7m | €0.6m | €0.5m | €0.4m | ▼ 15.2% |
| Amounts payable within one year42/48 | €0.09m | €0.1m | €0.1m | €0.3m | €0.2m | €0.2m | €0.1m | €0.1m | ▲ 3.5% |
| Current portion of amounts payable after more than one year42 | - | - | - | €0.08m | €0.09m | €0.09m | €0.08m | €0.08m | ▲ 0.4% |
| Trade debts44 | €0.01m | €0.02m | €0.03m | €0.2m | €0.06m | €0.06m | €0.02m | €0.02m | ▼ 4.7% |
| Suppliers440/4 | - | - | - | €0.2m | €0.06m | €0.06m | €0.02m | €0.02m | ▼ 4.7% |
| Advances received on contracts in progress46 | - | - | - | €0.001m | - | - | - | - | - |
| Taxes, remuneration and social security45 | - | - | - | €0.008m | €0.02m | €0.008m | €0.02m | €0.02m | ▲ 32.3% |
| Taxes450/3 | - | - | - | €0.006m | €0.01m | €0.007m | €0.02m | €0.02m | ▲ 14.4% |
| Remuneration and social security454/9 | - | - | - | €0.003m | €0.007m | €0.001m | €0.001m | €0.004m | ▲ 384% |
| Other amounts payable47/48 | - | - | - | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | ▼ 0.9% |
| Accrued charges and deferred income492/3 | - | - | - | €0.002m | - | €0.001m | €0.002m | €35 | ▼ 98.3% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €6,138 | €4,513 | €29,178 | €39,766 | €23,271 | €12,207 | €20,206 | €21,071 | ▲ 4.3% |
| + Depreciation and write-downs630 | €72,162 | €67,597 | €68,644 | €59,195 | €77,006 | €78,177 | €85,050 | €75,879 | ▼ 10.8% |
| Operating cash flow (approximation) | €78,299 | €72,110 | €97,823 | €98,961 | €100,277 | €90,384 | €105,256 | €96,951 | ▼ 7.9% |
| Investment in fixed assets (approximation) | - | -€6,562 | -€46,849 | -€299,744 | -€10,370 | -€9,335 | -€47,988 | -€2,962 | ▲ 93.8% |
| Change in cash | - | €27,980 | €55,680 | €103,926 | -€140,372 | €41,845 | -€70,559 | €7,551 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 25 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-03-2026 | micro format | 14-10-2026 | 2026-00563778 |
| 31-03-2025 | micro format | 31-10-2025 | 2025-00560542 |
| 31-03-2024 | micro format | 30-10-2024 | 2024-00527052 |
| 31-03-2023 | micro format | 31-10-2023 | 2023-00506170 |
| 31-03-2022 | micro format | 08-11-2022 | 2022-20519648 |
| 31-03-2021 | micro format | 13-09-2021 | 2021-67100079 |
| 31-03-2020 | micro format | 30-09-2020 | 2020-58500166 |
| 31-03-2019 | micro format | 30-10-2019 | 2019-73100070 |
| 31-03-2018 | micro format | 31-10-2018 | 2018-71500030 |
| 31-03-2017 | micro format | 30-10-2017 | 2017-68400122 |
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| CONVENT Bart |
|
Owners and capital
Capital and shareholders
- 18-12-2023 Converted to unavailable equity · €20,460
Group and network
Connections & network
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
Acts, filings and financial milestones
18-12
Gazette deed
Amendment of the articles · Legal-form change · Resignations & appointmentsResignation: CONVENT Bart (director) · Reappointment: CONVENT Bart (director) · Incorporation12 facts ▸
- General meeting, 01-12-2023
- Incorporation, 28-11-2000
- Amendment of the articles (2 times)
- Capital conversion, “statutair onbeschikbare eigen vermogensrekening” (deed in Dutch)
- Reserve release, “opheffing statutair onbeschikbare eigen vermogensrekening en middelen beschikbaar voor uitkering, vormen en meerderheden van statutenwijziging” (deed in Dutch)
- Other provision, “elektronisch aandelenregister, Derde besluit” (deed in Dutch)
- Other provision, “uitkering uit winst lopende boekjaar of uit winst voorgaande boekjaar zolang jaarrekening nog niet goedgekeurd, interimdividend” (deed in Dutch)
- Capital
- Director resignation, CONVENT Bart (director)
- Director reappointment, CONVENT Bart (director (not named in the articles))
- Director discharge, CONVENT Bart
- Registered office clause, “9090 Melle, Vossenstraat 136” (deed in Dutch)
Show earlier events
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 25 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 0473.522.425
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 44040C0289/00D000 | Flanders | 1,996 m² | 1 · 123 m² | 9.7 m · 2 |
How the parcels are linked
Articles of association
What the company does
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- BARCO CONSTRUCT
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest, bij enkel besluit bestuursorgaan administratieve zetels,agentschappen,werkhuizen,stapelplaatsen en bijkantoren in België of…” (deed in Dutch)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- Each director alone
- Board ruleHow the board is made up, meets and takes decisions.
- “Met of zonder beperking van duur, één of meer bestuurders” (deed in Dutch)“Bedrag vaste of evenredige vergoeding, al dan niet ten kosteloze titel” (deed in Dutch)
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “Op naam, register van aandelen op naam” (deed in Dutch)
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Procedure- en expertisekosten helft overdrager helft koper(s) naar evenredigheid verworven aantal bij meerdere kopers, instemming alle…” (deed in Dutch)
- Share issue ruleHow and by whom new shares can be issued.
- “Inbreng in geld met uitgifte nieuwe aandelen–Recht van voorkeur, per e-mail of voor personen zonder e-mailadres per gewone post op zelfde…” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Second Friday of September at 19:30
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Beslissing algemene vergadering beslissende in vormen vereist voor statutenwijziging, op elk moment” (deed in Dutch)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Bij ontbinding om welke reden en op welk ogenblik ook, bestuurder(s) in functie indien geen andere vereffenaar benoemd” (deed in Dutch)