BAREX SERVICES
ActiveSummary
The computed 12-month bankruptcy probability of BAREX SERVICES is 8.8% (elevated). The 2024 annual accounts show equity of €2,780 and a net result of -€2,247. Its solvency ranks better than 75% of 84 sector peers (fiscal year 2024). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
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Signals
This company filed its last 2 accounts on average 62 days after the deadline; the sector median for financial year 2024 is 12 days after the deadline, and 56% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, full schema
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Peer companies
Historical observationOf the 3,225 companies that looked in July 2024 the way this one looks now, 2.9% went bankrupt within 24 months and 87% are still going.
- Micro
- 2 to 5 years old
- solvency 30% or more
- a loss of 10% of the balance sheet or more
A further 1.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 8.8% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 3,225 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €7,384 | - | - |
| Other operating charges640/8 | €1,350 | €288 | ▼ 78.7% |
| Gross operating margin9900 | €11,843 | -€2,202 | ▼ 119% |
| Operating profit (loss)9901 | €3,109 | -€2,491 | ▼ 180% |
| Financial income75/76B | €0 | €12 | ▲ 119,900% |
| Recurring financial income75 | €0 | €12 | ▲ 119,900% |
| Financial charges65/66B | €255 | €55 | ▼ 78.4% |
| Recurring financial charges65 | €71 | €55 | ▼ 22.4% |
| Non-recurring financial charges66B | €184 | - | - |
| Profit (loss) for the period before taxes9903 | €2,854 | -€2,534 | ▼ 189% |
| Income taxes67/77 | €828 | -€287 | ▼ 135% |
| Profit (loss) for the period9904 | €2,026 | -€2,247 | ▼ 211% |
| Profit (loss) for the period to be appropriated9905 | €2,026 | -€2,247 | ▼ 211% |
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €19,025 | €4,683 | ▼ 75.4% |
| Fixed assets21/28 | €6,667 | - | - |
| Tangible fixed assets22/27 | €6,667 | - | - |
| Furniture and vehicles24 | €6,667 | - | - |
| Current assets29/58 | €12,358 | €4,683 | ▼ 62.1% |
| Amounts receivable within one year40/41 | €8,428 | €66 | ▼ 99.2% |
| Trade receivables40 | €7,903 | - | - |
| Other amounts receivable41 | €526 | €66 | ▼ 87.5% |
| Cash at bank and in hand54/58 | €3,929 | €4,617 | ▲ 17.5% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €19,025 | €4,683 | ▼ 75.4% |
| Equity10/15 | €5,026 | €2,780 | ▼ 44.7% |
| Contributions10/11 | €3,000 | €3,000 | = |
| Capital10 | €3,000 | €3,000 | = |
| Issued capital100 | €3,000 | €3,000 | = |
| Profit (loss) carried forward14 | €2,026 | -€220 | ▼ 111% |
| Amounts payable17/49 | €13,998 | €1,903 | ▼ 86.4% |
| Amounts payable within one year42/48 | €13,998 | €1,903 | ▼ 86.4% |
| Trade debts44 | €1,550 | - | - |
| Suppliers440/4 | €1,550 | - | - |
| Taxes, remuneration and social security45 | €828 | - | - |
| Taxes450/3 | €828 | - | - |
| Other amounts payable47/48 | €11,621 | €1,903 | ▼ 83.6% |
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €2,026 | -€2,247 | ▼ 211% |
| + Depreciation and write-downs630 | €7,384 | - | - |
| Operating cash flow (approximation) | €9,410 | -€2,247 | ▼ 124% |
| Change in cash | - | €687 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Directors · office · real estate
1 establishment unit
2 parcels
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 52342A0812/00Y000 | Wallonia | 185 m² | 1 · 80 m² | 10.9 m · 2 fl. |
| 52011B0056/00_000 | Wallonia | 72 m² | 1 · 61 m² | 12.2 m · 4 fl. |
Linked by address, not proof of ownership
Recognitions · licences · registrations
Parcel delivery
Similar companies · same sector, comparable size
Identification & contact
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.