BAREX SERVICES
ActiveSummary
The computed 12-month bankruptcy probability of BAREX SERVICES is 7.2% (elevated). The 2024 annual accounts show equity of €2,780 and a net result of -€2,247. Its solvency ranks better than 77% of 82 sector peers (NACE 53, financial year 2024). The company has been active since 2022 and the Belgian Official Gazette contains no insolvency or warning signals.
Financials · financial year 2024, full format
2025 annual accounts not yet filed, deadline passed on 31 July 2026 Financial year closed on 31 December 2025; filing due at the latest 7 months after the close (Companies Code art. 3:10). Source: NBB filings, as of 31 October 2026.
2023 to 2024, 2 financial years
The operating result turns negative in 2024: a loss of €2,491 after €3,109 in 2023.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 53, Postal and courier activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital.
Peer companies
Historical observationOf the 3,223 companies that looked in July 2024 the way this one looks now, 3.4% went bankrupt within 24 months and 87.8% 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 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 7.2% 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 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% 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 3,223 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 | - |
| Operating profit (loss)9901 | €3,109 | -€2,491 | - |
| Financial income75/76B | €0 | €12 | ▲ 1,200× |
| Recurring financial income75 | €0 | €12 | ▲ 1,200× |
| 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 | - |
| Income taxes67/77 | €828 | -€287 | - |
| Profit (loss) for the period9904 | €2,026 | -€2,247 | - |
| Profit (loss) for the period to be appropriated9905 | €2,026 | -€2,247 | - |
| 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 | - |
| 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 | - |
| + Depreciation and write-downs630 | €7,384 | - | - |
| Operating cash flow (approximation) | €9,410 | -€2,247 | - |
| 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.
Filings with the National Bank (2)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2024 | full format | 31-08-2025 | 2025-00476479 |
| 31-12-2023 | micro format | 31-10-2024 | 2024-00528040 |
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.