Barco-Technics
ActiveSummary
The computed 12-month bankruptcy probability of Barco-Technics is 3.4% (moderate). The 2025 annual accounts show negative equity (-€118,315) and a net result of -€49,343. Equity has been shrinking by about 97% per year since 2023. Its solvency ranks better than 5% of 257 sector peers (NACE 27, financial year 2025). The company has been active since 2022 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Overview
Official details
Source: KBO- Status
- Active since 13-10-2022 Normal situation
- Activity
- Manufacture of electrical equipment NACE 27320and 2 others
- Establishment unit
- 2.336.747.024 9160 Lokeren, since 13-10-2022
- Financial year end
- 31 December
- Peppol
- Reachable since 02-12-2025
Financial position
- Bankruptcy probabilitywithin 12 months
- 3.4%
- Gross margin
- -€30,492
- Loss
- €49,343
- ▼ 41.2%
- Equity
- -€118,315
- ▼ 71.5%
- Total assets
- €42,928
- ▼ 61.1%
- Staff
- ≈ 0.4 FTE
- estimated
- Negative equity on 31-12-2025
Score breakdownraises riskLoss of €49,343, the second in a row (financial year 2025)Liquidity: current ratio 0.20, cash €4, halvedNegative equity -€118,315lowers riskSize: total assets €42,928Show the evidence
Checked score
About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 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 27, micro). It does better than 5% of them on solvency, 1% on liquidity, 6% on profitability and 8% on growth.
The bankruptcy probability was computed on 04-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the moderate class on 30-06-2025, 2.4% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 3 accounts on average 23 days before the deadline. In the sector (NACE 27), the median for financial year 2024 was 6 days before the deadline, and 37% of those companies filed late.
Searched, nothing found (2)
Financials
Financials · financial year 2025, micro format
Annual accounts 2025 filed on 26-06-2026 at the NBB all 3 filings
Every figure per financial year
The operating result for 2025 is a loss of €47,175, smaller than the loss of €81,731 in 2024.
Turnover and EBIT margin are not published. The micro format does not require them.
Staff
| Item | 31-12-2023 | 31-12-2024 |
|---|---|---|
| Employees at the balance-sheet date | 2 | - |
| full-time | 2 | - |
| part-time | 0 | - |
| in full-time equivalents | 2 | - |
| Average over the year, in full-time equivalents | 2.7 | 2.4 |
| On a permanent contract | 2 | - |
| Joined | 7 | 2 |
| Left | 6 | 4 |
Source: social balance sheet in the 2023 to 2024 annual accounts
Investments
| Item | 2023 | 2024 | 2025 |
|---|---|---|---|
| Tangible fixed assets | €59,723 | €4,000 | - |
| Depreciation and write-downs of the year | €12,594 | €11,944 | €5,895 |
Source: notes to the 2023 to 2025 annual accounts (statement of fixed assets)
Subsidies and aid
Flemish government
2024 · 1 entry · €226 awarded · €226 paid| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Remuneration, social security and pensions62 | €86,520 | €67,656 | €9,842 | ▼ 85.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €12,594 | €11,944 | €5,895 | ▼ 50.7% |
| Other operating charges640/8 | €2,421 | €7,493 | €946 | ▼ 87.4% |
| Gross operating margin9900 | €115,242 | €5,363 | -€30,492 | - |
| Operating profit (loss)9901 | €13,708 | -€81,731 | -€47,175 | ▲ 42.3% |
| Financial income75/76B | €12 | €5 | €95 | ▲ 18× |
| Recurring financial income75 | €12 | €5 | €95 | ▲ 18× |
| Financial charges65/66B | €2,561 | €2,259 | €2,263 | ▲ 0.2% |
| Recurring financial charges65 | €2,561 | €2,259 | €2,263 | ▲ 0.2% |
| Profit (loss) for the period before taxes9903 | €11,159 | -€83,984 | -€49,343 | ▲ 41.2% |
| Income taxes67/77 | €2,147 | €0 | - | - |
| Profit (loss) for the period9904 | €9,012 | -€83,984 | -€49,343 | ▲ 41.2% |
| Profit (loss) for the period to be appropriated9905 | €9,012 | -€83,984 | -€49,343 | ▲ 41.2% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €164,527 | €110,393 | €42,928 | ▼ 61.1% |
| Fixed assets21/28 | €48,254 | €40,309 | €15,240 | ▼ 62.2% |
| Tangible fixed assets22/27 | €48,254 | €40,309 | €15,240 | ▼ 62.2% |
| Plant, machinery and equipment23 | €7,619 | €5,792 | €3,965 | ▼ 31.5% |
| Furniture and vehicles24 | €26,025 | €23,175 | €3,200 | ▼ 86.2% |
| Leasing and similar rights25 | €14,609 | €11,342 | €8,075 | ▼ 28.8% |
| Current assets29/58 | €116,273 | €70,084 | €27,688 | ▼ 60.5% |
| Amounts receivable within one year40/41 | €113,900 | €69,318 | €27,103 | ▼ 60.9% |
| Trade receivables40 | €110,843 | €67,321 | €26,500 | ▼ 60.6% |
| Other amounts receivable41 | €3,058 | €1,997 | €603 | ▼ 69.8% |
| Cash at bank and in hand54/58 | €8 | €35 | €4 | ▼ 89.2% |
| Deferred charges and accrued income490/1 | €2,365 | €731 | €582 | ▼ 20.4% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €164,527 | €110,393 | €42,928 | ▼ 61.1% |
| Equity10/15 | €15,012 | -€68,972 | -€118,315 | ▼ 71.5% |
| Contributions10/11 | €6,000 | €6,000 | €6,000 | = |
| Reserves13 | €9,012 | €0 | - | - |
| Distributable reserves133 | €9,012 | €0 | - | - |
| Profit (loss) carried forward14 | - | -€74,972 | -€124,315 | ▼ 65.8% |
| Amounts payable17/49 | €149,515 | €179,365 | €161,243 | ▼ 10.1% |
| Amounts payable after more than one year17 | €40,237 | €23,187 | €20,000 | ▼ 13.7% |
| Financial debts170/4 | €40,237 | €23,187 | €20,000 | ▼ 13.7% |
| Amounts payable within one year42/48 | €109,277 | €156,022 | €141,243 | ▼ 9.5% |
| Current portion of amounts payable after more than one year42 | €17,877 | €17,050 | €3,187 | ▼ 81.3% |
| Trade debts44 | €22,801 | €36,914 | €4,225 | ▼ 88.6% |
| Suppliers440/4 | €22,801 | €36,914 | €4,225 | ▼ 88.6% |
| Taxes, remuneration and social security45 | €4,540 | €2,863 | €0 | ▼ 100% |
| Taxes450/3 | €2,147 | €2,147 | €0 | ▼ 100% |
| Remuneration and social security454/9 | €2,394 | €717 | €0 | ▼ 100% |
| Other amounts payable47/48 | €64,058 | €99,194 | €133,830 | ▲ 34.9% |
| Accrued charges and deferred income492/3 | - | €156 | €0 | ▼ 100% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €9,012 | -€83,984 | -€49,343 | ▲ 41.2% |
| + Depreciation and write-downs630 | €12,594 | €11,944 | €5,895 | ▼ 50.7% |
| Operating cash flow (approximation) | €21,606 | -€72,040 | -€43,448 | ▲ 39.7% |
| Investment in fixed assets (approximation) | - | -€4,000 | €19,175 | - |
| Change in cash | - | €26 | -€31 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 7,639 companies had the same profile as Barco-Technics has now. Two years later, 84.8% were still going and 8.8% had gone bankrupt.
- Micro
- 2 to 5 years old
- negative equity
- a loss of 10% of the balance sheet or more
Another 0.7% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of Barco-Technics itself: 3.4% within 12 months.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 7,639 companies, not a prediction for Barco-Technics. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Board & ownership
Directors
Owners and capital
Shareholders
- KOKUR Oguz 100 shares (100%) · €6,000
Capital transactions
- 17-10-2022 Incorporation · €6,000 · 100 shares
Articles of association
Board and representation
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- At least 1 director
Capital, shares and profit
- Kind of sharesThe articles set which classes of shares exist and what rights each class carries.
- 100 shares
Audit, dissolution and liquidation
- Statutory auditorA statutory auditor is a registered auditor who checks the annual accounts. Small companies need not have one. According to the deed, the legal criteria do not require one here.
- No statutory auditor
Articles of association, deed of 17-10-2022 (in Dutch)
Network & group
Barco-Technics shares no director with another company.
Connections & network
1 current directorThe network starts from the directors of Barco-Technics. Every other company they run is a node.
Timeline
Deeds, filings and financial milestones
17-10
Gazette deed
IncorporationFounding capital of €6,000, 100 shares · Founder: KOKUR Oguz · Appointment: KOKUR Oguz (director)5 points ▸
- Incorporation, 12-10-2022
- Founder, KOKUR Oguz
- Founding capital, €6,000, 100 shares
- Registered office clause, Lokerhoutstraat 98, 9160 Lokeren
- Director appointment, KOKUR Oguz (director (not named in the articles))
- The deed holds 4 more points.
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
Activities
NACEBEL 2025Codes under NACEBEL 2008
43 activities
- Het beheer van een eigen onroerend vermogen,omvattend: het aanleggen,het oordeelkundig uitbouwen en beheren van een onroerend vermogen zowel in binnen- als buitenland;alle verrichtingen met betrekking tot onroerende goederen en onroerende zakelijke rechten in de meest ruime zin;het aan- en verkopen in zowel volle eigendom als in vruchtgebruik en/of naakte eigendom,ruilen,(doen) bouwen,(doen) verbouwen,onderhouden,verhuren,huren,ter beschikking stellen,verkavelen,prospecteren en uitbaten van onroerende goederen;het ontwerpen en opvolgen van projecten en het maken van studies met betrekking tot immobiliën;
- De aan- en verkoop,huur en verhuur van roerende goederen betreffende de inrichting en uitrusting van onroerende goederen,alsmede alle handelingen die rechtstreeks of onrechtstreeks met dit voorwerp in verband staan en die van aard zijn de opbrengst van de roerende en onroerende goederen te bevorderen;
- Het aanleggen,het oordeelkundig uitbouwen en beheren van een eigen roerend patrimonium;het beleggen van beschikbare middelen in roerende goederen en waarden;alle verrichtingen met betrekking tot roerende goederen en rechten,van welke aard ook,zoals het verwerven door inschrijving of aankoop,het te gelde maken,inbrengen,afstaan,verhandelen en het beheren van aandelen,aandelenopties,obligaties,kasbons,afgeleide producten of andere roerende waarden,van welke vorm ook,van Belgische of buitenlandse,bestaande of nog op te richten rechtspersonen en ondernemingen;
- Het beheer,het verwerven,de aan- en verkoop,het huren en verhuren,de commissiehandel en vertegenwoordiging,de instandhouding en valorisatie van roerende goederen;de huurfinanciering,het leasen,in leasing geven van roerende goederen aan derden,alsmede alle handelingen die rechtstreeks of onrechtstreeks met dit voorwerp in verband staan en die van aard zijn de opbrengst van de roerende goederen te bevorderen,zoals het onderhoud,de ontwikkeling,de verfraaiing en de verhuring van deze goederen;
- Het aanvragen van patenten,octrooien of andere intellectuele eigendomsrechten op de door haar ontwikkelde scheppingen,uitvindingen,methodes,strategieën en analyses.De vennootschap kan deze rechten vrij overdragen,verkopen,wijzigen of leasen aan derden.
- Ontwerpen,het maken en het monteren van leidingstelsels inclusief de verdere bewerking van buizen tot leidingen en leidingstelsels onder druk.
- Onderhouds- en herstellingswerken van mechanische aard voor rekening van derden
- Installatie van hulpvoedingssystemen (generatoraggregaten)
- Bouw van water- en gasdistributienetten
- Installatie van elektrische bedrading en toebehoren
- Bouw van rioleringen
- Boren en aanleggen van waterputten,graven van mijnschachten
- Aanleg van waterdistributienetten en rioleringen
- Aanleg van pijpleidingen voor het vervoer van gas,petroleumproducten,enz.
- Aanleg van leidingen voor het vervoer en distributie van elektrische energie
- Aanleg van telecommunicatielijnen en -netten
- Bouw van civieltechnische werken voor elektriciteit en telecommunicatie
- Bouw van andere civieltechnische werken,niet eerder genoemd
- Bouwrijp maken van terreinen
- Grondverzet: graven,ophogen,egaliseren en nivelleren van bouwterreinen,graven van sleuven en geulen,verwijderen van rotsen,grondverzet met behulp van explosieven
- Verlaging van het grondwaterpeil en drainage van bouwterreinen
- Proefboren en het nemen van bodemmonsters ten behoeve van de bouw of voor geofysche,geologische of andere doeleinden
- Elektrotechnische installatiewerken aan gebouwen
- Installatie van elektrische bedrading en toebehoren
- Installatie van de bedrading voor telefooninstallaties en computersystemen
- Installatie van bewakingssystemen en alarminstallaties tegen diefstal
- Elektrotechnische installatiewerken,uitgezonderd aan gebouwen
- Installatie van verwarming,klimaatregeling en ventilatie
- Overige bouwinstallatie,niet eerder genoemd
- Algemene bouwinstallatie
- Verhuur van machines voor de bouwnijverheid met bedieningspersoneel
- Verhuur en lease van personenauto's en lichte bestelwagens (< 3,5 ton)
- Verhuur en lease van personenauto's en lichte bestelwagens ( 3,5 ton)
- Verhuur en lease van machines,apparatuur en handgereedschap voor doe-het-zelvers
- Verhuur van gereedschapswerktuigen en doe-het-zelf materiaal
- Verhuur en lease van andere consumentenartikelen,niet eerder genoemd
- Verhuur en lease van landbouwmachines en -werktuigen
- Verhuur en lease van machines en installaties voor de bouwnijverheid en de weg- en waterbouw
- Verhuur en lease van kantoormachines,inclusief computers
- Verhuur en lease van tenten
- Verhuur en lease van caravans en motorhomes
- Verhuur en lease van woon- en bureelcontainers en dergelijke accommodatie
- Verhuur en lease van andere machines en werktuigen en andere materiële goederen
Invoicing and payment
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. Use the enterprise number 0792.417.645
Financial year and general meeting
Accounts at the NBBSites & property
Buildings and parcels at the address
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 46382B0400/00D004 | Flanders | 98 m² | 1 · 66 m² | 8.6 m · 2 |