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Bareyan

Active
Private limited companyfounded 2024active for 2 yearsSint-Sebastiaanstraat(BEV) 13, 9120 Beveren-Kruibeke-Zwijndrecht, BelgiumKBO/BCE: BE 1008.547.701
Summary

Bareyan has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €20,974 and a net result of €873. Its solvency ranks better than 82% of 34,718 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).

Overview

Activity
Other building finishing work
NACE 43350
1 site
Size
€27,530total assets 2025
Equity
€20,974
Profit
€873
Turnover not published (micro format)
Financial health
84 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.5%
Structure
2025 accounts filed 28 days late
Why 84raises riskFounded in 2024Size: total assets €27,530lowers riskLiquidity: current ratio 4.09, cash €18,715Equity €20,974 (76.2% of total assets)Show the evidence

Checked score

Score 2025
84 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 67% of its sector peers (NACE 43, micro)
Financial strength · tick = 2024
Strong
Solvency 100+7
equity 76.2% of total assets
Liquidity 91+18
short-term debt 23.8% · cash 68.0%
Profitability 73-27
return on assets 3.2%
Bankruptcy probability, 12 months
0.5% Very low
0%0.5%1.5%4%10%≥ 25%

About 5 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,640 companies, NACE 43, micro)
Last 24 months 05-2025: 1.9% 06-2025: 1.9%● unchanged vs 05-2025 07-2025: 2.0%▲ +0.1 percentage points vs 06-2025 08-2025: 2.4%▲ +0.4 percentage points vs 07-2025 09-2025: 2.5%▲ +0.1 percentage points vs 08-2025 10-2025: 2.6%▲ +0.1 percentage points vs 09-2025 11-2025: 2.7%▲ +0.1 percentage points vs 10-2025 12-2025: 2.7%● unchanged vs 11-2025 01-2026: 2.8%▲ +0.1 percentage points vs 12-2025 02-2026: 2.8%● unchanged vs 01-2026 03-2026: 2.9%▲ +0.1 percentage points vs 02-2026 04-2026: 3.0%▲ +0.1 percentage points vs 03-2026 05-2026: 3.1%▲ +0.1 percentage points vs 04-2026 06-2026: 3.1%● unchanged vs 05-2026 07-2026: 3.1%● unchanged vs 06-2026 08-2026: 3.4%▲ +0.3 percentage points vs 07-2026highest value 09-2026: 0.5%▼ -2.9 percentage points vs 08-2026lowest value 10-2026: 0.5%● unchanged vs 09-2026lowest value
Credit of up to €1,500 on 30-day terms is acceptable
Liquidity ample (current ratio 4.09, compared with 3.01 in 2024, above the usual 1.5; short-term debt: 23.8% and cash: 68% of total assets), and 23.8% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 43, micro): better than 90% on solvency, 89% on liquidity, 44% on profitability and 45% on growth.

The bankruptcy probability was computed on 26-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

Credit check for your own amount and term

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

Signals

Five signals.
lowers riskraises risk
lowers risk · Liquidity: current ratio 4.09, cash €18,715
NBB · annual accounts
raises risk · Founded in 2024
Companies of this age fail more often than older ones; how much that weighs depends on the rest of its profile.
KBO
raises risk · Size: total assets €27,530
Companies of this size fail more often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
lowers risk · Equity €20,974 (76.2% of total assets)
NBB · annual accounts
raises risk · 2025 accounts filed 28 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 2 filings
Deviation from the deadline
2025
28 days late
2024
8 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 2 accounts on average 10 days after the deadline; the sector median (NACE 43) for financial year 2024 is 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven months
Where today falls in the filing period
27-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since incorporation in 2024.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · micro…
  2. Annual accounts filedfinancial year 2024 · micro…
  3. IncorporationAppointment: BAREYAN Ashot (director) ·…

Financials · financial year 2025, micro format

2025 annual accounts filed late (28 days) Filed on 28 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00444136.

Equity
€20,974▲ 4.3%
2024 · €20,101
Total assets
€27,530▼ 6.7%
2024 · €29,523
Net result
€873▼ 94.9%
2024 · €17,101
Working capital
€20,290▲ 7.4%
2024 · €18,895
Trend over the years

2024 to 2025, 2 financial years

The operating result falls in 2025; 2025 is 93% below 2024.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€1,462 2025 Net result€873 2025

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 43, Specialised construction 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, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line20242025
Operating result€21,444-€1,462▼ 93.2%
Net result€17,101within the sector's middle half-€873within the sector's middle half▼ 94.9%
Equity€20,101below the sector's middle half-€20,974within the sector's middle half▲ 4.3%
Total assets€29,523below the sector's middle half-€27,530below the sector's middle half▼ 6.7%
Debt€9,422-€6,556▼ 30.4%
Working capital€18,895within the sector's middle half-€20,290within the sector's middle half▲ 7.4%
Solvency68.1%within the sector's middle half-76.2%above the sector's middle half▲ 8.1pp
Current ratio3.01within the sector's middle half-4.09above the sector's middle half▲ 1.09
Return on assets (ROA)57.9%above the sector's middle half-3.2%within the sector's middle half▼ 54.8pp
above within below the middle half of NACE 43, Specialised construction 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.
Turnover and EBIT margin not published: the micro format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €27,530
Fixed assets €685 ▼ 43.2%
Current assets €26,846 ▼ 5.2%
Equity and liabilities €27,530
Equity €20,974 ▲ 4.3%
Debt €6,556 ▼ 30.4%
Debt's share of the balance-sheet total falls from 31.9% to 23.8%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€1,984▼
2024 · €21,802
Cash flow
€1,395▼
2024 · €17,460
Debt to equity
0.31▼
2024 · 0.47
ROE
4.2%▼
2024 · 85.1%
Interest coverage
18.23▼
2024 · over 100
Debt ≤ 1 year
€6,556▼
2024 · €9,422
Income taxes
€582▼
2024 · €4,363
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 2,546 companies that looked in July 2024 the way this one looks now, 2.3% went bankrupt within 24 months and 94.3% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit under 5% of the balance sheet
2.3% went bankrupt
3.2% stopped otherwise
94.3% still going

A further 0.2% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.5% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,475 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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 2,546 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.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 38 lines
Balance sheet Code20242025
Assets
Total assets20/58€29,523€27,530▼
Fixed assets21/28€1,206€685▼
Tangible fixed assets22/27€1,206€685▼
Plant, machinery and equipment23€1,206€685▼
Current assets29/58€28,317€26,846▼
Amounts receivable within one year40/41€6,353€7,972▲
Trade receivables40€4,102€7,972▲
Other amounts receivable41€2,251-
Current investments50/53€21,964-
Cash at bank and in hand54/58-€18,715
Deferred charges and accrued income490/1-€159
Equity and liabilities
Total equity and liabilities10/49€29,523€27,530▼
Equity10/15€20,101€20,974▲
Contributions10/11€3,000€3,000=
Reserves13€17,101€17,974▲
Distributable reserves133€17,101€17,974▲
Amounts payable17/49€9,422€6,556▼
Amounts payable within one year42/48€9,422€6,556▼
Trade debts44€501€1,574▲
Suppliers440/4€501€1,574▲
Taxes, remuneration and social security45€4,363€736▼
Taxes450/3€4,363€736▼
Other amounts payable47/48€4,559€4,247▼
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€359€522▲
Other operating charges640/8€333€631▲
Gross operating margin9900€22,135€2,615▼
Operating profit (loss)9901€21,444€1,462▼
Financial income75/76B€69€102▲
Recurring financial income75€69€102▲
Financial charges65/66B€49€109▲
Recurring financial charges65€49€109▲
Profit (loss) for the period before taxes9903€21,464€1,455▼
Income taxes67/77€4,363€582▼
Profit (loss) for the period9904€17,101€873▼
Profit (loss) for the period to be appropriated9905€17,101€873▼
Appropriation of the result
Profit (loss) to be appropriated9906€17,101€873▼
Transfer to equity691/2€17,101€873▼
To other reserves6921€17,101€873▼

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€359€522▲ 45.4%
Other operating charges640/8€333€631▲ 89.9%
Gross operating margin9900€22,135€2,615▼ 88.2%
Operating profit (loss)9901€21,444€1,462▼ 93.2%
Financial income75/76B€69€102▲ 47.6%
Recurring financial income75€69€102▲ 47.6%
Financial charges65/66B€49€109▲ 122%
Recurring financial charges65€49€109▲ 122%
Profit (loss) for the period before taxes9903€21,464€1,455▼ 93.2%
Income taxes67/77€4,363€582▼ 86.7%
Profit (loss) for the period9904€17,101€873▼ 94.9%
Profit (loss) for the period to be appropriated9905€17,101€873▼ 94.9%
Line20242025Change
Assets
Total assets20/58€29,523€27,530▼ 6.7%
Fixed assets21/28€1,206€685▼ 43.2%
Tangible fixed assets22/27€1,206€685▼ 43.2%
Plant, machinery and equipment23€1,206€685▼ 43.2%
Current assets29/58€28,317€26,846▼ 5.2%
Amounts receivable within one year40/41€6,353€7,972▲ 25.5%
Trade receivables40€4,102€7,972▲ 94.4%
Other amounts receivable41€2,251--
Current investments50/53€21,964--
Cash at bank and in hand54/58-€18,715-
Deferred charges and accrued income490/1-€159-
Equity and liabilities
Total equity and liabilities10/49€29,523€27,530▼ 6.7%
Equity10/15€20,101€20,974▲ 4.3%
Contributions10/11€3,000€3,000=
Reserves13€17,101€17,974▲ 5.1%
Distributable reserves133€17,101€17,974▲ 5.1%
Amounts payable17/49€9,422€6,556▼ 30.4%
Amounts payable within one year42/48€9,422€6,556▼ 30.4%
Trade debts44€501€1,574▲ 214%
Suppliers440/4€501€1,574▲ 214%
Taxes, remuneration and social security45€4,363€736▼ 83.1%
Taxes450/3€4,363€736▼ 83.1%
Other amounts payable47/48€4,559€4,247▼ 6.9%
Line20242025Change
Profit (loss) for the period9904€17,101€873▼ 94.9%
+ Depreciation and write-downs630€359€522▲ 45.4%
Operating cash flow (approximation)€17,460€1,395▼ 92.0%
Investment in fixed assets (approximation)-€0-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (2)
Financial year Type Filed Reference
31-12-2025 micro format 28-08-2026 2026-00444136
31-12-2024 micro format 23-07-2025 2025-00302806

Similar companies · same sector, comparable size

Of the 7,258 active companies whose main activity is other building finishing work (NACE 43350), figures are known for 2,388. 1,802 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.

Directors

Directors
1 director, no change since 2024
BAREYAN Ashot
Director · since 22-04-2024
Current
Derived from published Gazette deeds. The KBO keeps the official list of office holders; we do not read it, so the two can differ. See the directors and other office holders in the KBO →

Mandate history

1 person since 2024, 1 in office
Show
  • Board
Mandates per person, with start and end dates
Name Functions and periods
BAREYAN Ashot
  • Director, from 22-04-2024 to date
See the board, name and registered office on a given date →

Owners and capital

Capital and shareholders

Shareholders according to the deeds
At incorporation act of 22-04-2024 ↗
  • BAREYAN Ashot 50 shares (50%) · €1,500
  • BAREYAN Gurgen 50 shares (50%) · €1,500

The Belgian Official Gazette names shareholders only when an act mentions them; the share register itself is not published.

Capital over the years
  1. 22-04-2024 Incorporation · €3,000 · 100 shares

Group and network

Connections & network

1 current director
Depth

The network starts from this company’s directors. Other companies they run appear here as nodes.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

History

Bareyan was incorporated on 18 April 2024 as a private limited company by two natural persons, with a starting capital of €3,000.12 Since 2024, BAREYAN Ashot has served as director of the company.2 The company has filed 2 sets of annual accounts, the latest for financial year 2025.3

  1. 1KBO register
  2. 2Belgian Official Gazette, 22-04-2024
  3. 3National Bank, annual accounts 2025

Acts, filings and financial milestones

Next filing, financial year 2026, expected by 31-07-2027
2026
28-08
NBB filing Annual accounts filed
financial year 2025 · micro format · 28 days late
2025
23-07
NBB filing Annual accounts filed
financial year 2024 · micro format
2024
22-04
Gazette deed Incorporation
Appointment: BAREYAN Ashot (director) · Founder · Founding capital8 facts ▸
  • Incorporation, “BAREYAN” (deed in Dutch)
  • Founder, BAREYAN Ashot
  • Founder, BAREYAN Gurgen
  • Founding capital, €3,000
  • Registered office clause, “9120 Beveren,Sint-Sebastiaanstraat(BEV),13” (deed in Dutch)
  • Board rule, 1
  • Director appointment, BAREYAN Ashot (director)
  • Other provision, “prijsinformatie dienstverlening volmacht, lastgever voldoende ingelicht over prijs” (deed in Dutch)
Gazette deedNBB filing
1 of 1 deed read

Register details

Identification
Legal formPrivate limited company
Founded18-04-2024
Financial year end31-12
Activities, NACEBEL 2025
43350Other building finishing work
41001General construction of residential buildings
43221Plumbing work
E-invoicing
Reachable via Peppol
Peppol ID 0208:1008547701
Also 9925:BE1008547701
Registered 03-10-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 26 October 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.

Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice, with enterprise number 1008.547.701

Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.

Sites & property

Location & real-estate footprint
Registered office, Beveren-Kruibeke-Zwijndrecht · 1 establishment unit since 2024
registered office establishment The establishment unit on the map
Ground area
387 m²
Building footprint
126 m²
Building volume
646 m³
Parcel 46003B0590/00F003, Flanders · tallest building 8.1 m. Linked by address, not a title deed.
1 establishment unit
Bareyan
Sint-Sebastiaanstraat(BEV) 13, 9120 Beveren-Kruibeke-ZwijndrechtGeneral electrical installation work
since 2024unit no. 2.358.495.117
1 parcel
Flanders 1 (100%)
Cadastral parcel Region Area Buildings Height / floors
46003B0590/00F003 Flanders 387 m² 1 · 126 m² 8.1 m · 2
How the parcels are linked
Good to know
The parcel matches the address exactly.

Articles of association

What the company does

PurposeThe activities the company may carry out under its articles.
“Het verwerven,vervreemden,beheren,uitbaten,valoriseren,verkavelen,ordenen,huren en verhuren,het doen bouwen of doen verbouwen,evenals alle…” (deed in Dutch)
25 activities (deed in Dutch)
  1. Het verwerven,vervreemden,beheren,uitbaten,valoriseren,verkavelen,ordenen,huren en verhuren,het doen bouwen of doen verbouwen,evenals alle welk danige onroerende verrichtingen in de meest brede zin,zowel in eigen beheer als in beheer van derden.De vennootschap mag tevens de bedrijvigheden coördineren die betrekking hebben op de gehele en gedeeltelijke uitvoering van voltooiingwerken door onderaannemers;
  2. Alle verrichtingen met betrekking tot onroerende goederen en onroerende zakelijke rechten,zoals de aan- en verkoop,de bouw,de verbouwing,de binnenhuisinrichting en verfraaiing,de huur en verhuur,de ruil,de verkaveling en,in het algemeen,alle verrichtingen die rechtstreeks of onrechtstreeks betrekking hebben op het beheer of op het productief maken,van onroerende goederen of onroerende zakelijke rechten;
  3. Alle ondernemingen van de bouw-,hout- en metaalverwerkende nijverheid in de meest uitgebreide zin van het woord evenals de aankoop,de verkoop,het in huur nemen en in huur geven,de ruiling en het uitbaten van alle onroerende goederen en gebouwen en alle materialen,machines en grondstoffen die voor de bouw-,hout- en metaalverwerkende nijverheid tot doel hebben alle afbraak,graafwerk,aannemingen in de ruimste zin van het woord van openbare en private werken uit te voeren;
  4. Het verkopen en verhuren van allerlei materialen,machines,installaties en uitrustingen dewelke bedoeld zijn voor het uitoefenen van de activiteiten van een bouw-,hout en metaalverwerkende onderneming;
  5. Te factureren verbouwingswerken in aanneming of onder aanneming betreffende algemene verbouwingen,renovatie en nieuwbouw van commercieel en residentieel vastgoed;
  6. Alle mogelijke advies- en/of dienstenfuncties op het vlak van algemeen bedrijfsbeheer,organisatie;
  7. Het bouwen,verbouwen,aanpassen,herstellen van alle gebouwen en constructies bij middel van alle technieken en in alle stadia van afwerking;
  8. De coördinatie,begeleiding,organisatie en budgetopvolging van bouwwerken in de meest ruime zin van het woord,de studie en de uitvoering van alle mogelijke particuliere en openbare bouwwerken,als algemene aannemer of in onder aanneming,het ontwerp,evenals de bouw van alle mogelijke gebouwen en bouwsels en de studie en uitvoering van binnen- en buitendecoraties;
  9. Sanitaire en loodgieterswerken;
  10. Plaatsen van alle soorten verwarmingsinstallaties;
  11. Algemene renovatiewerken;
  12. Schilderen van gebouwen;
  13. Elektriciteitswerken;
  14. Elektrotechnische installatiewerken aan gebouwen;
  15. Overige gespecialiseerde bouwwerkzaamheden;
  16. Groot- en detailhandel in bouwmaterialen;
  17. Groot- en detailhandel in sanitaire installaties;
  18. Asbestinventarisatie,activiteiten van asbestdeskundige;
  19. Opstellen van technische en bouwtechnische verslagen;
  20. Vervaardiging en plaatsing van schrijn- en timmerwerk;
  21. Montage van buiten- en binnen schrijnwerk van hout of van kunststof:deuren,vensters,kozijnen,trappen,muurkasten,inbouwkeukens,winkelinrichtingen,enzovoort;
  22. Installatie van garagepoorten,luiken,zonneblinden,traliewerk,hekken,enzovoort,in hout of kunststof;
  23. Montage van serres,veranda's,enzovoort,in hout of kunststof;
  24. Schoonmaak,industriële schoonmaak,inpakken en verpakken van alle soorten goederen dit voor eigen rekening of in onder aanneming of in opdracht;
  25. Installatie van bewakingssystemen en alarminstallaties tegen diefstal,isolatiewerkzaamheden en dakwerken.

The full purpose is in the deed

DurationHow long the company exists; usually unlimited, so until it is dissolved.
Unlimited

deed of 22-04-2024

Who represents it, and how

Who signsWho may bind the company towards others, for example by signing a contract.
Each director alone
Board ruleHow the board is made up, meets and takes decisions.
“1, handelingen die wet of statuten aan algemene vergadering voorbehouden” (deed in Dutch)

deed of 22-04-2024

Meetings and financial year

Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
Second Tuesday of June at 15:00

deed of 22-04-2024

Oversight and winding up

Statutory auditorA statutory auditor is a registered auditor who checks the accounts; small companies need not have one. According to the deed, the legal criteria do not require one here.
No statutory auditor

deed of 22-04-2024

Other provisionsOther rules from the articles that fall under none of the themes above.

1 more provision in the deed, see the deed of 22-04-2024

deed of 22-04-2024