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BARDOEL

Active
Public limited companyfounded 198144 yrs activeKrommebeekstraat 41, 8930 Menen, BelgiumKBO/BCE: BE 0422.198.141
Summary

BARDOEL has been active since 1981 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€49,118) and a net result of -€161,183. Equity is shrinking by ~29.2% per year across the filed fiscal years. Its solvency ranks better than 12% of 221 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

Risk analysisWatch ReportCompare
BARDOELActiveChecked score 41/100
Risk analysis ReportCompare

Overview

What they do
Materials recovery from waste
NACE 38210Sawmilling and planing of wood NACE 16110NACE 37200
1 site
How big
€1.7mtotal assets 2025
Staff
3.8 FTE
Equity
-€49,118
Loss
-€161,183
Turnover not published (abridged schema)
Financially healthy?
41 Weak Checked score 2025
Bankruptcy chance 12 m
0.4%
Who decides
Parent
VALTECH · 100%
Accounts 52 d early1 of 11 deeds read
Why 41- Annual accounts: weaker financial profile- Higher-failure-rate sector- Negative equity+ Long track record+ Lower-risk legal formLatest accounts filed on timeShow the evidence

Checked score

Score 2025
41 / 100
Weak
Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability43▼-12
Solvency22▼-13
Growth32=
Track record100
Bankruptcy probability, 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.18 against 0.72 in 2024; short-term debt: 102.2% and cash: 0% of total assets), and equity is negative.
Credit check for your own amount and term

Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 44 years 0 50 y
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
-3%
Return on assets
-9.7%
Age of the figures
9 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 38
Relative position
BE, all sectors
reference
Waste collection, recovery and disposal activities (NACE 38)
about 10% more bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year -€49,118
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 09-06-2026, 52 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
52 d early
2024
50 d early
2023
33 d early
2022
46 d early
2021
27 d early
2020
44 d early
2019
51 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 43 days before the deadline; the sector median for financial year 2024 is 8 days before the deadline, and 33% 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 15 June (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
01-10-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2025 · abbreviated…
  2. Statutes amendmentCorrection · Capital
  3. Annual accounts filedfiscal year 2024 · abbreviated…

Key points

  • Risk: Negative equityfiscal year 2025: debts exceed assets -€49,118 View
  • Risk: 3 loss-making years in a rowloss fiscal year 2025 -€161,183 View
  • Caution: Result fell in 2025from -€31,392 to -€161,183 ▼ 413% View
  • Caution: Among the weakest 10% on equitysector median €623,942 · 221 companies -€49,118 View
  • Positive: Always filed on timeaccounts within the deadline every year 8 years View
  • Controlled by VALTECH 100% View

By topic

Financials

Fiscal year
2025
Total assets
€1.7m
Loss
-€161,183
Solvency
-3.0%
Total assets▲ 44.3%
Net result
20182025
Go to Financials

Timeline

Events
13
Since
2017
Next accounts
by 31-07-2027
  1. 09-06-2026Annual accounts filed
  2. 05-06-2026Statutes amendment
  3. 11-06-2025Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Materials recovery from wasteNACE 38210
Founded
11-12-1981
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Go further with this company

How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check Which other companies belong to the same group?VALTECH · 20 companies How does this company compare with its sector?Sector benchmark

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