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Barge Company

Active
Private limited companyfounded 2012active for 14 yearsStokerijstraat 27, 2110 Wijnegem, BelgiumKBO/BCE: BE 0500.828.816
Summary

The computed 12-month bankruptcy probability of Barge Company is 1.6% (moderate). The 2025 annual accounts show equity of €376,908 and a net result of €244,481. Equity fluctuates too strongly from year to year to read a trend from it. Its solvency ranks better than 16% of 889 sector peers (NACE 52, financial year 2025). The company has been active since 2012 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

Source: KBO
Status
Active since 11-09-2012 Normal situation
Registered office
11 active companies are registered at this address Source: KBO register, as of 2 November 2026.
Activity
Logistics services NACE 52250and 2 others
Joint committee
200 Aanvullend Paritair Comité voor de bedienden · annual accounts 2025
Establishment unit
2.214.966.096 2110 Wijnegem, since 15-11-2012
Financial year end
31 December
Peppol
Reachable since 16-09-2025

Board and ownership

Board
  • CESTO BVDirector · since 01-04-2025
Shareholders
  • CESTO31-03-2023 annual accounts of CESTO
  • Olivier De Smedtannual accounts 2024

Financial position

62 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
1.6%
Annual accounts 2025
Gross margin
€1.0m
▲ 22.6%
Turnover
≈ €1.7m
estimated
Profit
€244,481
▲ 62.1%
Equity
€376,908
▼ 29.5%
Total assets
€6.6m
▼ 29.2%
Staff
1.2 FTE
▼ 40.0%
  • 2025 accounts filed 59 days after the deadline
Score breakdownraises riskLiquidity: current ratio 0.34, cash €87,024Last filed accounts filed 59 days late; 2 of the last 3 accounts lateEquity €376,908 (5.7% of total assets)lowers riskSize: 1.2 FTE, total assets €6.6mShow the evidence

Checked score

Score 2025
62 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially stronger than 31% of micro companies in warehousing and transport support (NACE 52)
Financial strength · tick: 2024
Average
Solvency 31=
equity 5.7% of total assets
Liquidity 46+20
short-term debt 19.3% · cash 1.3%
Profitability 73+2
return on assets 3.7%
Bankruptcy probability within 12 months
1.6% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.9% (2,304 companies, NACE 52, micro)
Last 24 months 12-2024: 1.8% 01-2025: 0.8%▼ -1.0 percentage point vs 12-2024lowest value 02-2025: 0.8%● unchanged vs 01-2025lowest value 03-2025: 0.8%● unchanged vs 02-2025 04-2025: 0.8%● unchanged vs 03-2025 05-2025: 0.8%● unchanged vs 04-2025 06-2025: 1.0%▲ +0.2 percentage points vs 05-2025 07-2025: 1.1%▲ +0.1 percentage points vs 06-2025 08-2025: 1.4%▲ +0.3 percentage points vs 07-2025 09-2025: 1.4%● unchanged vs 08-2025 10-2025: 1.4%● unchanged vs 09-2025 11-2025: 1.4%● unchanged vs 10-2025 12-2025: 1.4%● unchanged vs 11-2025 01-2026: 1.4%● unchanged vs 12-2025 02-2026: 1.4%● unchanged vs 01-2026 03-2026: 1.4%● unchanged vs 02-2026 04-2026: 1.5%▲ +0.1 percentage points vs 03-2026 05-2026: 1.5%● unchanged vs 04-2026 06-2026: 1.6%▲ +0.1 percentage points vs 05-2026 07-2026: 1.7%▲ +0.1 percentage points vs 06-2026 08-2026: 2.6%▲ +0.9 percentage points vs 07-2026 09-2026: 3.1%▲ +0.5 percentage points vs 08-2026highest value 10-2026: 1.6%▼ -1.5 percentage points vs 09-2026 11-2026: 1.6%● unchanged vs 10-2026
Credit of up to €23,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.34 (0.45 in 2024), below 1. Short-term debt is 19.3% and cash 1.3% of total assets. 94.3% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 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 52, micro). It does better than 17% of them on solvency, 40% on liquidity, 53% on profitability and 14% on growth.

The bankruptcy probability was computed on 02-11-2026 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
lowers riskraises risk
raises risk · Liquidity: current ratio 0.34, cash €87,024
NBB · annual accounts
raises risk · Last filed accounts filed 59 days late; 2 of the last 3 accounts late
NBB · filings
lowers risk · Size: 1.2 FTE, total assets €6.6m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Equity €376,908 (5.7% of total assets)
NBB · annual accounts
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 16% of 889 sector peers (2025).
NBB · sector comparison
Position among 889 sector peers
Solvency
better than 16%
← weakest strongest →
raises risk · 2025 accounts filed 59 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-09-2026, 59 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 · 10 filings
Deviation from the deadline
2025
59 days late
2024
14 days late
2023
141 days late
2022
11 days early
2021
30 days late
2020
18 days late
2019
110 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 52 days after the deadline. In the sector (NACE 52), the median for financial year 2024 was 8 days before the deadline, and 36% 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. The company usually files around 30 August (4 of the last 5 accounts filed within 41 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
02-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Caution: Lower solvency than 83% of companies in warehousing and transport supportsector median 36.8% · 889 companies 5.7% View
  • Positive: Result rose in 2025from €150,853 to €244,481 ▲ 62.1% View
  • Positive: 8 profitable years in a rowprofit 2025: €244,481 8 years View

Recent changes

  1. · Gazette deed Permanent representative: DE SMEDT Olivier
  2. · Gazette deed Registered office moved to Wijnegem
  3. · Gazette deed Incorporation
All 18 events

Comparable companies

These companies have the same main activity as Barge Company: logistics services (NACE 52250). They are comparable in size and age: total assets between €3.3m and €8.7m, founded between 2006 and 2016.

CompanyTotal assetsGross margin
Barge Company Wijnegem€6.6m€1.0m
SEA FORWARD Hemiksem€3.6m€1.0m
ACU-INVEST Brugge€8.7m€1.3m
WJT INTERNATIONAL Essen€3.7m€0.5m
DEHERTOGH LOGISTIEK Bornem€7.3m€0.7m
Barging Solutions Antwerpen€3.3m€0.7m
SKY SERVICE Brugge€5.7m€0.4m
Full comparison

Key facts about Barge Company

What is the company number of Barge Company?
The company number of Barge Company is 0500.828.816. The VAT number is the same number with BE in front: BE 0500.828.816.
Where is Barge Company based?
The registered office is at Stokerijstraat 27, 2110 Wijnegem.Company details
What does Barge Company do?
According to the KBO register, the main activity is logistics services (NACE 52250).
What is the legal form of Barge Company?
The legal form of Barge Company is Private limited company (BV).
When was Barge Company founded?
Barge Company was founded on 11-09-2012.
Is Barge Company still active?
Yes, Barge Company is an active enterprise in the KBO register.
How many employees does Barge Company have?
Barge Company had an average of 1.2 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does Barge Company fall under?
In its 2025 annual accounts, Barge Company states joint committee 200 (Aanvullend Paritair Comité voor de bedienden).
What is the turnover of Barge Company?
The turnover in financial year 2025 is ≈ €1.7m. This figure is estimated from the gross margin of €1.0m and 1,584 comparable companies of the same size. It probably lies between €1.2m and €2.8m. It is a rough estimate.
Is Barge Company profitable?
In financial year 2025, Barge Company made a profit of €244,481.
Where can I find the annual accounts of Barge Company?
Barge Company filed 12 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Barge Company due?
Barge Company must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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