Equity
€101,978 ▲ 37.5%
BARE has made a profit without a break since 2021.
BARE
Lifetime
20 annual accounts with figures on one time axis, 34 filings since 1992peak €133,076 (2018)
€89,615▼ 9.1%
lowest -€34,347 (2015)
€27,817▼ 5.1%
peak €101,978 (2025)
€101,978▲ 37.5%
€10,257▼ 17.4%
peak 4 FTE (2012)
-not published
Board3 names since 1992
1 director
Documentsfilings and deeds
22-07-20269 days before the deadline
2025micro format
Equity from €74,160 to €101,978Debts from €12,415 to €10,257Investments €9,318
Key points
from the 2025 annual accountsTurnover
≈ €380,000 estimated
The micro format states no turnover.
Investments
€10,098 4.0 × depreciation
Green is investment, beige is depreciation. Machinery stands 16.2% higher than in 2024.
Liquidity
11.55 was 8.14 in 2024
Short-term debts fell from €10,437 to €8,993.
Filings
34 annual accounts since 1992
Two of the last ten came late. The 2017 accounts came latest: 25 days after the end of the period.
Position in the sector
90.9%
Higher solvency than 94% of companies in specialised construction. Sector median 46.8% · 37,211 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 31,386 companies had the same profile as BARE has now. Each dot stands for 79 companies, two years later.
93.4%
were still trading
6.0%
stopped another way
0.5%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,762 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
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 31,386 companies, not a prediction for BARE. 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.
Credit verdict
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Signals
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0447142086
Change of role: , from statutory manager to director
Legal-form conversion: to private limited company · Director discharge: · Registered office clause: rue de la Clawenne 82 R, 4040 Herstal · General meeting of 30-01-2023 · Gazette deed
Resignation: (manager)
General meeting of 18-02-2016 · Gazette deed
New manager
appointed, resigned · General meeting of 04-03-2015 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| BARE Herstal | €112,235 | €89,615 | 90.9% | - |
| D.L.P LATOUR-RAMAKERS Anthisnes | €138,931 | €84,351 | 16.9% | - |
| PLABAUTOIT Grâce-Hollogne | €138,418 | €67,061 | 25.2% | - |
| ALBERT BRUYERE Stavelot | €151,616 | €81,943 | 82.4% | - |
| FONTIGNIE Binche | €139,220 | €91,463 | 55.4% | - |
| DAKWERKEN RONALD Geraardsbergen | €85,957 | €90,569 | 45.3% | - |
| VAN WEYMEERSCH - BUFKENS Ronse | €129,968 | €67,946 | 77.0% | - |
These companies have the same main activity as BARE: roofing work (NACE 43410). They are comparable in size and age: total assets between €86,000 and €152,000, founded between 1987 and 2000.
Official details
Source: KBO- Status
- Active since 09-04-1992Normal situation
- Activity
- Roofing workNACE 43410and 3 others
- Joint committee
- 124Construction · annual accounts 2021
- Establishment unit
- 2.057.736.5214040 Herstal, since 12-06-1992
- Financial year end
- 31 December
- Peppol
- Reachable since 04-11-2025
Annual accounts 2025
- €112,235▲ 29.6%
- Employeeson 31-12-2025
- 0▼ 100%
- Filing
- Filed on 22-07-2026, 9 days before the end of the filing period
Insights on BARE
BARE files the micro format. That format states no turnover. The gross margin rose from €50,665 in 2006 to €89,615 in 2025.
The balance sheet grew most in 2018 through fixed assets.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about BARE
- What is the company number of BARE?
- The company number of BARE is 0447.142.086. The VAT number is the same number with BE in front: BE 0447.142.086.
- Where is BARE based?
- The registered office is at Rue de la Clawenne 82, 4040 Herstal.Company details
- What does BARE do?
- According to the KBO register, the main activity is roofing work (NACE 43410).
- What is the legal form of BARE?
- BARE is a private limited company (BV).
- When was BARE founded?
- BARE was founded on 09-04-1992.
- Is BARE still active?
- Yes, BARE is an active enterprise in the KBO register.
- How many employees does BARE have?
- BARE had an average of 1 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
- Which joint committee does BARE fall under?
- In its 2021 annual accounts, BARE states joint committee 124 (Construction).
- What is the turnover of BARE?
- The turnover in financial year 2025 is ≈ €380,000. This figure is estimated from the gross margin of €89,615 and 30 comparable companies (NACE 434). It probably lies between €240,000 and €520,000.
- Is BARE profitable?
- In financial year 2025, BARE made a profit of €27,817.
- Where can I find the annual accounts of BARE?
- BARE filed 34 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of BARE due?
- BARE must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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