BARGOEN
InactiveBARGOEN was declared bankrupt on 05-08-2024 (Ondernemingsrechtbank Gent, afdeling Gent); the bankruptcy was closed for insufficient assets by judgment of 13-01-2026, published in the Belgian State Gazette on 16-01-2026.
Summary
Inactive; last annual accounts for fiscal year 2023.
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 5 filingsPosition against the passed deadline
31-12-2024 close31-07-2025 deadline25-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 31-07-2024, 0 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
on the day
2022
31 d late
2021
27 d late
2020
90 d late
2019
119 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2023, micro schema
Equity
€-105k▼ 136%
2022 · €-44k
2019: €420
2020: €-2k
2021: €-26k
2022: €-44k
2019 → 2023
Total assets
€55k▲ 14.3%
2022 · €48k
2019: €40k
2020: €42k
2021: €35k
2022: €48k
2019 → 2023
Net result
€-60k▼ 223%
2022 · €-19k
2019: €-18k
2020: €-2k
2021: €-24k
2022: €-19k
2019 → 2023
Working capital
€-142k▼ 145%
2022 · €-58k
2019: €12k
2020: €4k
2021: €-33k
2022: €-58k
2019 → 2023
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20192020202120222023Trend
Equity€420-€-2k€-26k▼ 1,405%€-44k▼ 73.1%€-105k▼ 136%
Operating result€-18k-€307€-19k€-14k▲ 25.5%€-54k▼ 276%
Net result€-18k-€-2k▲ 88.4%€-24k▼ 1,026%€-19k▲ 21.6%€-60k▼ 223%
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 €54k in 2023 against €14k 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 €55k
Fixed assets
€44k ▲ 54.3%
Current assets
€11k ▼ 43.5%
Key figures and ratios
EBITDA
€-46k▼
2022 · €-9k
Cash flow
€-52k▼
2022 · €-13k
Solvency
-189.8%▼
2022 · -91.7%
Current ratio
0.07▼
2022 · 0.25
Quick ratio
0.06▼
2022 · 0.23
Debt to equity
-1.53▲
2022 · -2.09
ROA
-109.5%▼
2022 · -38.8%
Interest coverage
-7.50▼
2022 · -2.12
Debt
€160k▲
2022 · €92k
Debt ≤ 1 year
€153k▲
2022 · €78k
Debt > 1 year
€7k▲
2022 · €6k
Staff costs
€41k▲
2022 · €9k
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 · 41 lines
Balance sheet
Code20222023
Assets
Total assets20/58€48k€55k▲
Fixed assets21/28€28k€44k▲
Tangible fixed assets22/27€28k€44k▲
Plant, machinery and equipment23€4k€2k▼
Furniture and vehicles24€1k€37▼
Other tangible fixed assets26€24k€42k▲
Current assets29/58€20k€11k▼
Stocks and contracts in progress3€2k€1k▼
Stocks30/36€2k€1k▼
Amounts receivable within one year40/41€11k€8k▼
Trade receivables40€9k€5k▼
Other amounts receivable41€2k€2k▼
Cash at bank and in hand54/58€6k€1k▼
Deferred charges and accrued income490/1-€636
Equity and liabilities
Total equity and liabilities10/49€48k€55k▲
Equity10/15€-44k€-105k▼
Contributions10/11€19k€19k=
Profit (loss) carried forward14€-63k€-123k▼
Amounts payable17/49€92k€160k▲
Amounts payable after more than one year17€6k€7k▲
Financial debts170/4€6k€7k▲
Amounts payable within one year42/48€78k€153k▲
Trade debts44€1k€62k▲
Suppliers440/4€1k€62k▲
Taxes, remuneration and social security45€6k€18k▲
Taxes450/3€4k€11k▲
Remuneration and social security454/9€3k€7k▲
Other amounts payable47/48€70k€73k▲
Accrued charges and deferred income492/3€8k-
Income statement
Code20222023
Remuneration, social security and pensions62€9k€41k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€8k▲
Other operating charges640/8€6k€6k▲
Gross operating margin9900€5k€977▼
Operating profit (loss)9901€-14k€-54k▼
Financial charges65/66B€4k€6k▲
Recurring financial charges65€4k€6k▲
Profit (loss) for the period before taxes9903€-19k€-60k▼
Profit (loss) for the period9904€-19k€-60k▼
Profit (loss) for the period to be appropriated9905€-19k€-60k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-63k€-123k▼
Profit (loss) brought forward from the previous period14P€-44k€-63k▼
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
16-01
Bankruptcy
Bankruptcy closure (insufficient assets)
Ondernemingsrechtbank Gent, afdeling Gent · event 13-01-2026
2024
09-08
Bankruptcy
Opening
Ondernemingsrechtbank Gent, afdeling Gent · event 05-08-2024
31-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €-60k
Net result drops to €-60k, the lowest in the series.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
27-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 27 days late
2021
29-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 90 days late
2020
27-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 119 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | DIRK LEROUX KORTRIJKSESTEENWEG 964, 9000 GENT- |
05-08-2024 → 13-01-2026 |