Equity
-€1,064
Debts exceed assets in financial year 2025.
BARECO
Lifetime
13 annual accounts with figures on one time axis, 31 filings since 1986peak €13,556 (2020)
€2,183▼ 31.6%
lowest -€16,321 (2014)
€1,037▼ 48.8%
peak -€1,064 (2025)
-€1,064▲ €1,037
€71,451▼ 3.4%
Board1 name since 2021
1 director
Documentsfilings and deeds
23-08-202623 days late
2025abbreviated format
Gross margin from €3,190 to €2,183Result from €2,026 to €1,037Equity from -€2,100 to -€1,064
Key points
from the 2025 annual accountsProfit
10 years
10 profitable years in a row. Profit 2025: €1,037.
Turnover
≈ €31,000 estimated
The abbreviated format states no turnover.
Debts
€71,451 102% of the balance sheet
Suppliers 1%Taxes and wages 2%Other 98%
Filings
31 annual accounts since 1986
Ten of the last ten came late. The 2019 accounts came latest: 88 days after the end of the period.
Position in the sector
-1.5%
Lower solvency than 89% of companies in retail trade. Sector median 36.9% · 13,234 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 1,451 companies had the same profile as BARECO has now. Each dot stands for 4 companies, two years later.
92.2%
were still trading
4.8%
stopped another way
2.5%
went bankrupt
Another 0.5% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,331 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 1,451 companies, not a prediction for BARECO. 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 0208:0429435331
First establishment
Zevekotestraat 68, Gistel
Incorporation
published on 23-09-1986 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| BARECO Gistel | €70,387 | €2,183 | -1.5% | - |
| LES SENS DU VIN Attert | €71,103 | €1,995 | 54.0% | - |
| E²T Haacht | €92,849 | €4,315 | -4.6% | - |
| BELGIAN HEALTH PROMOTION Walcourt | €50,120 | €6,182 | 96.3% | - |
| MICHEL GUILIN Les Bons Villers | €43,627 | -€11,411 | 98.8% | - |
| ARWOL Kortrijk | €195,026 | €1,672 | 87.4% | - |
| EBC by Fato Ittre | €34,525 | -€10,488 | -186.2% | - |
These companies have the same main activity as BARECO: retail sale of wines and spirits (NACE 47251). They are comparable in size and age: total assets between €34,500 and €195,000, founded between 1982 and 1996.
Official details
Source: KBO- Status
- Active since 01-09-1986Normal situation
- Registered office
- 19 active companies are registered at this addressSource: KBO register, as of 12 November 2026.
- Activity
- Retail sale of wines and spiritsNACE 47251and 1 other
- Establishment unit
- 2.220.992.8658470 Gistel, since 01-08-2013
- Financial year end
- 31 December
- Peppol
- Reachable since 09-08-2025
Insights on BARECO
BARECO files the abbreviated format. That format states no turnover. The gross margin rose from -€11,806 in 2013 to €2,183 in 2025.
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 BARECO
- What is the company number of BARECO?
- The company number of BARECO is 0429.435.331. The VAT number is the same number with BE in front: BE 0429.435.331.
- Where is BARECO based?
- The registered office is at Zevekotestraat 68, 8470 Gistel.Company details
- What does BARECO do?
- According to the KBO register, the main activity is retail sale of wines and spirits (NACE 47251).
- What is the legal form of BARECO?
- BARECO is a private limited company (pre-2019) (BVBA).
- When was BARECO founded?
- BARECO was founded on 01-09-1986.
- Is BARECO still active?
- Yes, BARECO is an active enterprise in the KBO register.
- What is the turnover of BARECO?
- The turnover in financial year 2025 is ≈ €31,000. This figure is estimated from the gross margin of €2,183 and 114 comparable companies (NACE 472). It probably lies between €15,000 and €72,000. It is a rough estimate.Financials
- Is BARECO profitable?
- In financial year 2025, BARECO made a profit of €1,037.
- Where can I find the annual accounts of BARECO?
- BARECO filed 31 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of BARECO due?
- BARECO must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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