BARFIN
Open bankruptcyA bankruptcy procedure is open for BARFIN according to publications in the Belgian State Gazette; curator: MAGALI VANDENBOSSCHE.
Summary
The 2023 annual accounts show equity of €23k and a net result of €-1k.
Signals
Two signals.
+raises risk
Checked, nothing found (1)
Financials · fiscal year 2023, micro schema
Equity
€23k▼ 4.3%
2022 · €24k
2018: €26khighest in 6 years
2019: €26k▼ -0.1% vs 2018
2020: €25k▼ -1.6% vs 2019
2021: €25k▼ -3.1% vs 2020
2022: €24k▼ -1.7% vs 2021
2023: €23k▼ -4.3% vs 2022lowest in 6 years
2018 → 2023
Total assets
€528k▼ 2.1%
2022 · €539k
2018: €524klowest in 6 years
2019: €525k▲ +0.1% vs 2018
2020: €525k▲ +0.1% vs 2019
2021: €525k▲ +0.1% vs 2020
2022: €539k▲ +2.5% vs 2021highest in 6 years
2023: €528k▼ -2.1% vs 2022
2018 → 2023
Net result
€-1k▼ 142%
2022 · €-429
2018: €-30
2019: €-19▲ +37.7% vs 2018highest in 6 years
2020: €-423▼ -2162% vs 2019
2021: €-784▼ -85.3% vs 2020
2022: €-429▲ +45.3% vs 2021
2023: €-1k▼ -142% vs 2022lowest in 6 years
2018 → 2023
Working capital
€-499k▼ 0.2%
2022 · €-498k
2018: €-496khighest in 6 years
2019: €-496k● -0.0% vs 2018
2020: €-496k▼ -0.1% vs 2019
2021: €-497k▼ -0.2% vs 2020
2022: €-498k▼ -0.1% vs 2021
2023: €-499k▼ -0.2% vs 2022lowest in 6 years
2018 → 2023
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20192020202120222023Trend
Equity€26k-€25k▼ 1.6%€25k▼ 3.1%€24k▼ 1.7%€23k▼ 4.3%
2019: €26khighest in 5 years
2020: €25k▼ -1.6% vs 2019
2021: €25k▼ -3.1% vs 2020
2022: €24k▼ -1.7% vs 2021
2023: €23k▼ -4.3% vs 2022lowest in 5 years
Operating result€-2-€-402▼ 23,547%€-761▼ 89.2%€-405▲ 46.8%€-1k▼ 151%
2019: €-2highest in 5 years
2020: €-402▼ -23547% vs 2019
2021: €-761▼ -89.2% vs 2020
2022: €-405▲ +46.8% vs 2021
2023: €-1k▼ -151% vs 2022lowest in 5 years
Net result€-19-€-423▼ 2,162%€-784▼ 85.3%€-429▲ 45.3%€-1k▼ 142%
2019: €-19highest in 5 years
2020: €-423▼ -2162% vs 2019
2021: €-784▼ -85.3% vs 2020
2022: €-429▲ +45.3% vs 2021
2023: €-1k▼ -142% vs 2022lowest in 5 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €1k in 2023 against €405 in 2022; the loss grows and 2023 has the lowest result in the available series.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €528k
Fixed assets
€522k =
Current assets
€6k ▼ 66.4%
Equity and liabilities €528k
Equity
€23k ▼ 4.3%
Debt
€504k ▼ 1.9%
Debt's share of the balance-sheet total rises from 95.5% to 95.6%. Equity and debt are lower.
Key figures and ratios
Current ratio
0.01▼
2022 · 0.03
Debt to equity
21.70▲
2022 · 21.19
ROE
-4.5%▼
2022 · -1.8%
ROA
-0.2%▼
2022 · -0.1%
Debt ≤ 1 year
€504k▼
2022 · €514k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2023 against 2022 · 26 lines
Balance sheet
Code20222023
Assets
Total assets20/58€539k€528k▼
Fixed assets21/28€522k€522k=
Financial fixed assets28€522k€522k=
Current assets29/58€17k€6k▼
Amounts receivable within one year40/41€86-
Other amounts receivable41€86-
Cash at bank and in hand54/58€17k€6k▼
Equity and liabilities
Total equity and liabilities10/49€539k€528k▼
Equity10/15€24k€23k▼
Contributions10/11€31k€31k=
Capital10€31k€31k=
Issued capital100€31k€31k=
Profit (loss) carried forward14€-7k€-8k▼
Amounts payable17/49€514k€504k▼
Amounts payable within one year42/48€514k€504k▼
Other amounts payable47/48€514k€504k▼
Income statement
Code20222023
Other operating charges640/8€348€86▼
Gross operating margin9900€-57€-928▼
Operating profit (loss)9901€-405€-1k▼
Financial charges65/66B€24€24=
Recurring financial charges65€24€24=
Profit (loss) for the period before taxes9903€-429€-1k▼
Profit (loss) for the period9904€-429€-1k▼
Profit (loss) for the period to be appropriated9905€-429€-1k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-7k€-8k▼
Profit (loss) brought forward from the previous period14P€-7k€-7k▼
The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Other operating charges640/8 | - | - | €377 | €348 | €86 | ▼ 75.3% |
| Gross operating margin9900 | €346 | €-55 | €-384 | €-57 | €-928 | ▼ 1,528% |
| Operating profit (loss)9901 | €-2 | €-402 | €-761 | €-405 | €-1k | ▼ 151% |
| Financial charges65/66B | - | - | €23 | €24 | €24 | = |
| Recurring financial charges65 | €17 | €21 | €23 | €24 | €24 | = |
| Profit (loss) for the period before taxes9903 | €-19 | €-423 | €-784 | €-429 | €-1k | ▼ 142% |
| Profit (loss) for the period9904 | €-19 | €-423 | €-784 | €-429 | €-1k | ▼ 142% |
| Profit (loss) for the period to be appropriated9905 | €-19 | €-423 | €-784 | €-429 | €-1k | ▼ 142% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €525k | €525k | €525k | €539k | €528k | ▼ 2.1% |
| Fixed assets21/28 | €522k | €522k | €522k | €522k | €522k | = |
| Financial fixed assets28 | €522k | €522k | €522k | €522k | €522k | = |
| Current assets29/58 | €3k | €3k | €4k | €17k | €6k | ▼ 66.4% |
| Amounts receivable within one year40/41 | €3k | €3k | €4k | €86 | - | - |
| Other amounts receivable41 | - | - | €4k | €86 | - | - |
| Cash at bank and in hand54/58 | €27 | €19 | €35 | €17k | €6k | ▼ 66.3% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €525k | €525k | €525k | €539k | €528k | ▼ 2.1% |
| Equity10/15 | €26k | €25k | €25k | €24k | €23k | ▼ 4.3% |
| Contributions10/11 | €31k | €31k | €31k | €31k | €31k | = |
| Capital10 | - | - | €31k | €31k | €31k | = |
| Issued capital100 | - | - | €31k | €31k | €31k | = |
| Profit (loss) carried forward14 | €-5k | €-6k | €-7k | €-7k | €-8k | ▼ 14.9% |
| Amounts payable17/49 | €499k | €500k | €501k | €514k | €504k | ▼ 1.9% |
| Amounts payable within one year42/48 | €499k | €500k | €501k | €514k | €504k | ▼ 1.9% |
| Other amounts payable47/48 | - | - | €501k | €514k | €504k | ▼ 1.9% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-19 | €-423 | €-784 | €-429 | €-1k | ▼ 142% |
| Operating cash flow (approximation) | €-19 | €-423 | €-784 | €-429 | €-1k | ▼ 142% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | - |
| Change in cash | - | €-8 | €16 | €17k | €-11k | ▼ 166% |
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
2026
10-06
Bankruptcy
Opening
Tribunal de l’entreprise du Brabant wallon · event 04-06-2026
2024
27-11
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 119 days late
2023
31-12
Financial
Weakest financial yearnet €-1k
Net result drops to €-1k, the lowest in the series.
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
2022
29-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 29 days late
2021
26-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 26 days late
2020
30-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 61 days late
2019
06-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
18-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
09-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
10-06
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
2015
13-07
NBB filing
Annual accounts filed
fiscal year 2014 · full schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
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.
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Directors · office · real estate
Directors
4 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, La Hulpe · 1 establishment unit since 1992
Ground area
2,347 m²
Building footprint
214 m²
Volume, LiDAR
2,429 m³
2 parcels, Brussels, Wallonia · tallest building 15.4 m, ±4 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
Chantillystraat 1 5, 1170 Watermaal-Bosvoorde
since 19922.059.095.313
2 parcels
Wallonia
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25050B0542/00T009 | Wallonia | 1,851 m² | 1 · 78 m² | 12.7 m · 4 fl. |
| 21017D0004/00Y003 | Brussels | 496 m² | 1 · 137 m² | 15.4 m · 4 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | MAGALI VANDENBOSSCHE DREVE RICHELLE 159/2
(HALL C), 1410 WATERLOO |
04-06-2026 → present |
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Of 11,748 companies in sector 68310 we hold annual accounts for 6,905. 4,104 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded17-09-1992
Fiscal year end31-12
Activities, NACEBEL 2025
68310Real estate agency activities
Scores and ratios are computed by Checked and are not a credit decision.