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BARCOVEN

Active
Private limited companyfounded 2001active for 25 yearsDries(HEU) 24, 9070 Destelbergen, BelgiumKBO/BCE: BE 0474.363.553
Summary

The computed 12-month bankruptcy probability of BARCOVEN is 5.0% (elevated). The 2025 annual accounts show equity of €629,610 and a net result of -€20,353. Equity has been growing by about 5.1% per year since 2018. Its solvency ranks better than 31% of 2,797 sector peers (NACE 41, financial year 2025). The company has been active since 2001 and the Belgian Official Gazette contains no insolvency signals. The KBO does carry 1 administrative register entry.

Overview

Official details

Source: KBO
Status
Active since 20-03-2001 Normal situation
Activity
General construction of residential buildings NACE 41001and 4 others
Joint committees
124 Paritair Comité voor het bouwbedrijf
314 Paritair Comité voor het kappersbedrijf en de schoonheidszorgen · annual accounts 2025
Establishment units
2.093.107.372 9070 Destelbergen, since 09-04-2001
2.300.611.059 8710 Wielsbeke, since 06-01-2020and 1 other
Financial year end
31 December
Peppol
Reachable since 22-12-2025

Board and ownership

Financial position

37 Weak Checked score 2025
Bankruptcy probabilitywithin 12 months
5.0%
Annual accounts 2025
Gross margin
€286,467
▼ 21.5%
Turnover
≈ €610,000
estimated
Loss
€20,353
▼ 30.3%
Equity
€629,610
▼ 5.4%
Total assets
€2.9m
▼ 5.7%
Employees on 31-12-2025
1
  • 2025 accounts filed 59 days after the deadline
Score breakdownraises riskLast filed accounts filed 59 days late; 3 of the last 3 accounts lateSector: Construction of residential and non-residential buildings (NACE 41)1 change of registered office in 24 monthslowers riskSize: 0.3 FTE, total assets €2.9mShow the evidence

Checked score

Score 2025
37 / 100
Weak
Probability in this band: 4.2% to 15.0%
Financially stronger than 31% of micro companies in construction of buildings (NACE 41)
Financial strength · tick: 2024
Weak
Solvency 47=
equity 22.0% of total assets
Liquidity 44-4
short-term debt 21.2% · cash 1.2%
Profitability 41-5
return on assets -0.7%
Bankruptcy probability within 12 months
5.0% Elevated
0%0.5%1.5%4%10%≥ 25%

About 5 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.5% (13,453 companies, NACE 41, micro)
Last 24 months 12-2024: 2.0% 01-2025: 2.0%● unchanged vs 12-2024lowest value 02-2025: 2.0%● unchanged vs 01-2025lowest value 03-2025: 2.2%▲ +0.2 percentage points vs 02-2025 04-2025: 2.3%▲ +0.1 percentage points vs 03-2025 05-2025: 2.3%● unchanged vs 04-2025 06-2025: 2.5%▲ +0.2 percentage points vs 05-2025 07-2025: 2.6%▲ +0.1 percentage points vs 06-2025 08-2025: 9.1%▲ +6.5 percentage points vs 07-2025 09-2025: 10.8%▲ +1.7 percentage points vs 08-2025 10-2025: 13.3%▲ +2.5 percentage points vs 09-2025highest value 11-2025: 5.0%▼ -8.3 percentage points vs 10-2025 12-2025: 5.0%● unchanged vs 11-2025 01-2026: 5.0%● unchanged vs 12-2025 02-2026: 5.0%● unchanged vs 01-2026 03-2026: 5.6%▲ +0.6 percentage points vs 02-2026 04-2026: 6.0%▲ +0.4 percentage points vs 03-2026 05-2026: 6.5%▲ +0.5 percentage points vs 04-2026 06-2026: 7.4%▲ +0.9 percentage points vs 05-2026 07-2026: 7.5%▲ +0.1 percentage points vs 06-2026 08-2026: 8.5%▲ +1.0 percentage point vs 07-2026 09-2026: 10.2%▲ +1.7 percentage points vs 08-2026 10-2026: 5.0%▼ -5.2 percentage points vs 09-2026 11-2026: 5.0%● unchanged vs 10-2026
Credit of up to €23,000 on 30-day terms, only on tighter conditions: elevated estimated bankruptcy probability calls for adjusted credit terms
Liquidity is ample, with a current ratio of 1.53 (1.47 in 2024), above the usual 1.5. Short-term debt is 21.2% and cash 1.2% of total assets. However, 78% of the assets are financed with debt and provisions.
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 41, micro). It does better than 29% of them on solvency, 43% on liquidity, 24% on profitability and 29% on growth.

The bankruptcy probability was computed on 03-11-2026 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.

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

Seven signals.
lowers riskraises risk
raises risk · Last filed accounts filed 59 days late; 3 of the last 3 accounts late
NBB · filings
raises risk · Sector: Construction of residential and non-residential buildings (NACE 41)
KBO
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
lowers risk · Size: 0.3 FTE, total assets €2.9m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025
Net result per financial year
1819202122232425
2018 to 2025 · latest year -€20,353
raises risk · 2025 accounts filed 59 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-09-2026, 59 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 · 10 filings
Deviation from the deadline
2025
59 days late
2024
67 days late
2023
61 days late
2022
69 days late
2021
79 days late
2020
89 days late
2019
122 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 78 days after the deadline. In the sector (NACE 41), the median for financial year 2024 was on the deadline day, and 46% of those companies filed late.

raises risk · Administrative warnings in the KBO publications
The FPS Economy published 1 notice about the company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publications
Publications
Address struck
Searched, nothing found (1)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 6 October (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
04-11-2026 today31-12-2026 year end31-07-2027 deadline

Key points

  • Risk: 3 loss-making years in a rowloss in financial year 2025 -€20,353 View
  • Caution: Lower net result than 85% of companies in construction of buildingssector median €19,246 · 2,791 companies -€20,353 View

Recent changes

  1. · Gazette deed Registered office moved from Melle to HeusdenNew seat: Dries 24-9070 Heusden · Previous seat: Wautersdreef 26, 9090 Melle
  2. · KBO administration Address struck
  3. · Gazette deed 2 directors resigning, 2 reappointedResignations: LEJEUNE Bart (manager) and DE MUNCK Deborah Patricia (manager) · Reappointments: LEJEUNE Bart (director) and DE MUNCK Deborah Patricia (director)
All 17 events

Comparable companies

These companies have the same main activity as BARCOVEN: general construction of residential buildings (NACE 41001). They are comparable in size and age: total assets between €2.2m and €4.5m, founded between 1991 and 2005.

CompanyTotal assetsGross margin
BARCOVEN Destelbergen€2.9m€0.3m
HABITAR Staden€2.4m€0.3m
wevaco NV Bornem€3.6m€0.2m
STEIGERBOUW GEERT VIAENE Roeselare€3.7m€0.2m
Andrebo - Beheer Hove€2.2m€0.3m
JBK PROJECTBOUW Wellen€4.0m€0.2m
DAST Herentals€4.5m€0.3m
Full comparison

Key facts about BARCOVEN

What is the company number of BARCOVEN?
The company number of BARCOVEN is 0474.363.553. The VAT number is the same number with BE in front: BE 0474.363.553.
Where is BARCOVEN based?
The registered office is at Dries(HEU) 24, 9070 Destelbergen.Company details
What does BARCOVEN do?
According to the KBO register, the main activity is general construction of residential buildings (NACE 41001).
What is the legal form of BARCOVEN?
The legal form of BARCOVEN is Private limited company (BV).
When was BARCOVEN founded?
BARCOVEN was founded on 20-03-2001.
Is BARCOVEN still active?
Yes, BARCOVEN is an active enterprise in the KBO register.
How many employees does BARCOVEN have?
BARCOVEN had an average of 0.3 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does BARCOVEN fall under?
In its 2025 annual accounts, BARCOVEN states joint committees 124 (Paritair Comité voor het bouwbedrijf) and 314 (Paritair Comité voor het kappersbedrijf en de schoonheidszorgen).
What is the turnover of BARCOVEN?
The turnover in financial year 2025 is ≈ €610,000. This figure is estimated from the gross margin of €286,467 and 30 comparable companies (NACE 41001). It probably lies between €490,000 and €900,000.
Is BARCOVEN profitable?
In financial year 2025, BARCOVEN made a loss of €20,353.
Where can I find the annual accounts of BARCOVEN?
BARCOVEN filed 24 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of BARCOVEN due?
BARCOVEN must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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