barGOlux
ActiveSummary
barGOlux has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €45,926 and a net result of €1,894. Equity is growing by ~10.4% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 1.1% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability44▲+1
Solvency89▼-1
Growth52=
Track record100
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2,500 at 30 days acceptable
Liquidity ample (current ratio 3.03 against 3.19 in 2023; short-term debt: 33% and cash: 2% of total assets), and 36.1% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 27
Relative position
BE, all sectors
reference
Manufacture of electrical equipment (NACE 27)
about 104% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
63.9%
Return on assets
2.6%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-06-2026, 31 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
31 d early
2024
3 d early
2023
20 d late
2022
26 d early
2021
4 d early
2020
43 d early
2019
37 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 18 days before the deadline; the sector median for financial year 2024 is 6 days before the deadline, and 37% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 27 July (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2024, micro schema
Equity
€45,926▲ 4.3%
2023 · €44,032
Total assets
€71,857▲ 6.7%
2023 · €67,359
Net result
€1,894▲ 28.3%
2023 · €1,476
Working capital
€48,158▲ 4.1%
2023 · €46,264
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 27, Manufacture of electrical equipment, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€6,079▼ 1.0%€6,979▲ 14.8%€12,939▲ 85.4%€5,272▼ 59.3%€6,266▲ 18.8%
Net result€3,281within the sector's middle half▲ 29.6%€3,591within the sector's middle half▲ 9.4%€6,310within the sector's middle half▲ 75.7%€1,476within the sector's middle half▼ 76.6%€1,894within the sector's middle half▲ 28.3%
Equity€32,655within the sector's middle half▲ 11.2%€36,246within the sector's middle half▲ 11.0%€42,557within the sector's middle half▲ 17.4%€44,032within the sector's middle half▲ 3.5%€45,926within the sector's middle half▲ 4.3%
Total assets€67,748below the sector's middle half▼ 16.4%€60,668below the sector's middle half▼ 10.5%€72,268below the sector's middle half▲ 19.1%€67,359below the sector's middle half▼ 6.8%€71,857below the sector's middle half▲ 6.7%
Debt€35,093▼ 32.1%€24,422▼ 30.4%€29,711▲ 21.7%€23,327▼ 21.5%€25,931▲ 11.2%
Working capital€34,887within the sector's middle half▲ 10.4%€38,478within the sector's middle half▲ 10.3%€44,789within the sector's middle half▲ 16.4%€46,264within the sector's middle half▲ 3.3%€48,158within the sector's middle half▲ 4.1%
Solvency48.2%within the sector's middle half▲ 11.9pp59.7%within the sector's middle half▲ 11.5pp58.9%within the sector's middle half▼ 0.9pp65.4%within the sector's middle half▲ 6.5pp63.9%within the sector's middle half▼ 1.5pp
Current ratio2.06within the sector's middle half▲ 0.422.73within the sector's middle half▲ 0.672.63within the sector's middle half▼ 0.103.19within the sector's middle half▲ 0.563.03within the sector's middle half▼ 0.16
Return on assets (ROA)4.8%within the sector's middle half▲ 1.7pp5.9%within the sector's middle half▲ 1.1pp8.7%within the sector's middle half▲ 2.8pp2.2%within the sector's middle half▼ 6.5pp2.6%within the sector's middle half▲ 0.4pp
above
within
below
the middle half (P25 to P75) of NACE 27, Manufacture of electrical equipment, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 19% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Equity and liabilities €71,857
Equity
€45,926 ▲ 4.3%
Debt
€25,931 ▲ 11.2%
Debt's share of the balance-sheet total rises from 34.6% to 36.1%. Equity and debt are higher.
Key figures and ratios
Quick ratio
1.13▼
2023 · 1.53
Debt to equity
0.56▲
2023 · 0.53
ROE
4.1%▲
2023 · 3.4%
Debt ≤ 1 year
€23,699▲
2023 · €21,095
Income taxes
€2,189▲
2023 · €1,915
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 10,905 companies that looked in July 2024 the way this one looks now, 0.8% went bankrupt within 24 months and 95% are still going.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a profit under 5% of the balance sheet
0.8%
went bankrupt
4.0%
stopped otherwise
95%
still going
For this company itself Checked computes a higher bankruptcy probability: 1.1% 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 497,338 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% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.9% |
| 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% 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 10,905 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
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Other operating charges640/8 | - | €889 | €903 | €1,032 | €1,460 | ▲ 41.4% |
| Gross operating margin9900 | €6,600 | €7,868 | €13,843 | €6,305 | €7,726 | ▲ 22.5% |
| Operating profit (loss)9901 | €6,079 | €6,979 | €12,939 | €5,272 | €6,266 | ▲ 18.8% |
| Financial income75/76B | - | - | - | €51 | €1 | ▼ 97.4% |
| Recurring financial income75 | €0 | - | - | €51 | €1 | ▼ 97.4% |
| Financial charges65/66B | - | €828 | €1,246 | €1,932 | €2,184 | ▲ 13.0% |
| Recurring financial charges65 | €540 | €828 | €1,246 | €1,932 | €2,184 | ▲ 13.0% |
| Profit (loss) for the period before taxes9903 | €5,540 | €6,151 | €11,694 | €3,391 | €4,083 | ▲ 20.4% |
| Income taxes67/77 | €2,258 | €2,560 | €5,383 | €1,915 | €2,189 | ▲ 14.3% |
| Profit (loss) for the period9904 | €3,281 | €3,591 | €6,310 | €1,476 | €1,894 | ▲ 28.3% |
| Profit (loss) for the period to be appropriated9905 | €3,281 | €3,591 | €6,310 | €1,476 | €1,894 | ▲ 28.3% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €67,748 | €60,668 | €72,268 | €67,359 | €71,857 | ▲ 6.7% |
| Current assets29/58 | €67,748 | €60,668 | €72,268 | €67,359 | €71,857 | ▲ 6.7% |
| Stocks and contracts in progress3 | €30,796 | €32,440 | €35,861 | €35,182 | €45,182 | ▲ 28.4% |
| Stocks30/36 | - | €32,440 | €35,861 | €35,182 | €45,182 | ▲ 28.4% |
| Amounts receivable within one year40/41 | €32,826 | €18,561 | €33,967 | €18,596 | €25,211 | ▲ 35.6% |
| Trade receivables40 | - | €18,121 | €33,527 | €18,511 | €23,400 | ▲ 26.4% |
| Other amounts receivable41 | - | €440 | €440 | €85 | €1,811 | ▲ 2,042% |
| Cash at bank and in hand54/58 | €2,820 | €9,082 | €2,036 | €13,155 | €1,464 | ▼ 88.9% |
| Deferred charges and accrued income490/1 | - | €585 | €403 | €426 | €0 | ▼ 100% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €67,748 | €60,668 | €72,268 | €67,359 | €71,857 | ▲ 6.7% |
| Equity10/15 | €32,655 | €36,246 | €42,557 | €44,032 | €45,926 | ▲ 4.3% |
| Contributions10/11 | - | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €14,055 | €17,646 | €23,957 | €25,432 | €27,326 | ▲ 7.4% |
| Non-distributable reserves130/1 | - | €1,860 | €1,860 | €0 | - | - |
| Reserves not available under the articles1311 | - | €1,860 | €1,860 | €0 | - | - |
| Distributable reserves133 | - | €15,786 | €22,097 | €25,432 | €27,326 | ▲ 7.4% |
| Amounts payable17/49 | €35,093 | €24,422 | €29,711 | €23,327 | €25,931 | ▲ 11.2% |
| Amounts payable within one year42/48 | €32,861 | €22,190 | €27,479 | €21,095 | €23,699 | ▲ 12.3% |
| Trade debts44 | €341 | €367 | €252 | €403 | €1,437 | ▲ 257% |
| Suppliers440/4 | - | €367 | €252 | €403 | €1,437 | ▲ 257% |
| Taxes, remuneration and social security45 | - | €2,877 | €10,269 | €697 | €1,962 | ▲ 181% |
| Taxes450/3 | - | €2,877 | €10,269 | €697 | €1,962 | ▲ 181% |
| Other amounts payable47/48 | - | €18,946 | €16,958 | €19,995 | €20,301 | ▲ 1.5% |
| Accrued charges and deferred income492/3 | - | €2,232 | €2,232 | €2,232 | €2,232 | = |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €3,281 | €3,591 | €6,310 | €1,476 | €1,894 | ▲ 28.3% |
| Operating cash flow (approximation) | €3,281 | €3,591 | €6,310 | €1,476 | €1,894 | ▲ 28.3% |
| Change in cash | - | €6,262 | -€7,045 | €11,119 | -€11,691 | ▼ 205% |
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
Next filing, fiscal year 2026, expected by
2026
30-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
28-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
20-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 20 days late
2023
31-12
Financial
Weakest financial yearnet €1,476 ▼76.6%
Net result drops to €1,476, the lowest in the series; recovery starts the following year.
05-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
27-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
18-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
24-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
28-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
26-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 57 days late
2017
14-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 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
2 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, Beerse · 1 establishment unit since 2012
Ground area
880 m²
Building footprint
147 m²
Volume, LiDAR
757 m³
Parcel 13004C0384/00T018, Flanders · tallest building 7.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
barGOlux
since 20122.207.109.789
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13004C0384/00T018 | Flanders | 880 m² | 1 · 147 m² | 7.7 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 257 companies in sector 27402 we hold annual accounts for 157. 101 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded23-01-2012
Fiscal year end31-12
Activities, NACEBEL 2025
27402Manufacture of electrical equipment
47540Retail sale of electrical household appliances
47789Other retail sale of new goods
71121Engineering and related technical consultancy, excluding land surveyors
E-invoicing
Reachable via Peppol
Peppol ID
0208:0843046596
Registered
27-03-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.