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BARGOR

Active
Public limited companyfounded 199630 yrs activeZurenborgstraat 6, 2018 Antwerpen, BelgiumKBO/BCE: BE 0456.712.424
Summary

BARGOR has been active since 1996 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€189,303) and a net result of -€7,508. Equity remains stable across the filed fiscal years (±1.4% per year). The computed 12-month bankruptcy probability is 1.1% (low).

Checked score

Score 2025
Axes · tick = 2024
Profitability28▼-15
Solvency0=
Growth58=
Track record100
Bankruptcy probability, 12 months
1.1% Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.05 against 0.03 in 2024; short-term debt: 193.9% and cash: 4.3% of total assets), and equity is negative.
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Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
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 2025
Solvency, return and age of the figures
Solvency
-98.6%
Return on assets
-3.9%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 30 years 0 40 y
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
2122232425
2021 to 2025 · latest year -€189,303
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 06-07-2026, 25 days ahead of the deadline.
NBB · 5 filings
Deviation from the deadline
2025
25 d early
2024
60 d late
2023
44 d late
2022
24 d late
2021
22 d late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 5 accounts on average 25 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were 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 24 August (4 of the last 5 filed years within 36 days of that day).
Companies Code · seven months
Position in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

BARGOR was incorporated on 11 January 1996.1 Since 2026, Oscar Pfeffermann has served as director of the company.2 Total assets fell from EUR 217,349 in 2021 to EUR 191,909 in 2025.3

  1. 1Crossroads Bank for Enterprises
  2. 2Belgian State Gazette, 22-07-2026
  3. 3National Bank, annual accounts 2021 and 2025

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Financials · fiscal year 2025, full schema

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€7,508
2024 · €10,876
Working capital
-€354,157▲ 0.4%
2024 · -€355,732
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Operating result-€49,211-€132-€6,446€4,629€1,270▼ 72.6%
Net result-€49,268-€112-€15,128€10,876-€7,508
Equity-€177,655--€177,543▲ 0.1%-€192,671▼ 8.5%-€181,795▲ 5.6%-€189,303▼ 4.1%
Total assets€217,349-€178,575▼ 17.8%€178,958▲ 0.2%€186,829▲ 4.4%€191,909▲ 2.7%
Debt€395,004-€356,118▼ 9.8%€371,629▲ 4.4%€368,624▼ 0.8%€381,213▲ 3.4%
Working capital-€359,703--€353,584▲ 1.7%-€366,609▼ 3.7%-€355,732▲ 3.0%-€354,157▲ 0.4%
Result per fiscal year
Operating resultNet result
-€60,000-€40,000-€20,000€0€20,000Operating result 2021: -€49,211-€49,211Net result 2021: -€49,268-€49,268Operating result 2022: €132€132Net result 2022: €112€112Operating result 2023: -€6,446-€6,446Net result 2023: -€15,128-€15,128Operating result 2024: €4,629€4,629Net result 2024: €10,876€10,876Operating result 2025: €1,270€1,270Net result 2025: -€7,508-€7,50820212022202320242025-€20,000-€10,000€0€10,000Operating result 2023: -€6,446-€6,450Net result 2023: -€15,128-€15,100Operating result 2024: €4,629€4,630Net result 2024: €10,876€10,900Operating result 2025: €1,270€1,270Net result 2025: -€7,508-€7,510202320242025
The operating result falls in 2025; 2025 is 73% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €191,909
Fixed assets €173,938 =
Current assets €17,972 ▲ 39.4%
Key figures and ratios
2025 value · change against 2024
Solvency
-98.6%▼
2024 · -97.3%
Current ratio
0.05▲
2024 · 0.03
Debt to equity
-2.01▲
2024 · -2.03
ROA
-3.9%▼
2024 · 5.8%
Debt ≤ 1 year
€372,129▲
2024 · €368,624
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 2,795 companies that looked in July 2024 the way this one looks now, 2.1% went bankrupt within 24 months and 90% are still going.

  • Micro
  • 20 years or older
  • negative equity
  • a small loss
2.1% went bankrupt
6.0% stopped otherwise
90% still going

A further 1.7% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 1.1% 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 497,338 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% 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 2,795 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 · 33 lines
Balance sheet Code20242025
Assets
Total assets20/58€186,829€191,909▲
Fixed assets21/28€173,938€173,938=
Tangible fixed assets22/27€173,938€173,938=
Land and buildings22€173,938€173,938=
Current assets29/58€12,891€17,972▲
Amounts receivable within one year40/41-€9,800
Other amounts receivable41-€9,800
Cash at bank and in hand54/58€12,891€8,172▼
Equity and liabilities
Total equity and liabilities10/49€186,829€191,909▲
Equity10/15-€181,795-€189,303▼
Contributions10/11€61,500€61,500=
Capital10€61,500€61,500=
Issued capital100€61,500€61,500=
Profit (loss) carried forward14-€243,295-€250,803▼
Amounts payable17/49€368,624€381,213▲
Amounts payable within one year42/48€368,624€372,129▲
Trade debts44€1,126€4,936▲
Suppliers440/4€1,126€4,936▲
Other amounts payable47/48€367,498€367,193▼
Accrued charges and deferred income492/3-€9,084
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0-
Other operating charges640/8€4,364€4,246▼
Gross operating margin9900€8,993€5,515▼
Operating profit (loss)9901€4,629€1,270▼
Financial income75/76B€8,535€2,208▼
Recurring financial income75€8,535€2,208▼
Financial charges65/66B€2,288€10,986▲
Recurring financial charges65€2,288€10,986▲
Profit (loss) for the period before taxes9903€10,876-€7,508▼
Profit (loss) for the period9904€10,876-€7,508▼
Profit (loss) for the period to be appropriated9905€10,876-€7,508▼
Appropriation of the result
Profit (loss) to be appropriated9906-€243,295-€250,803▼
Profit (loss) brought forward from the previous period14P-€254,171-€243,295▲

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

Line20212022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6,162€6,199€2,103€0--
Other operating charges640/8€41,125€3,820€4,213€4,364€4,246▼ 2.7%
Gross operating margin9900-€1,924€10,150-€130€8,993€5,515▼ 38.7%
Operating profit (loss)9901-€49,211€132-€6,446€4,629€1,270▼ 72.6%
Financial income75/76B---€8,535€2,208▼ 74.1%
Recurring financial income75---€8,535€2,208▼ 74.1%
Financial charges65/66B€57€20€8,682€2,288€10,986▲ 380%
Recurring financial charges65€57€20€8,682€2,288€10,986▲ 380%
Profit (loss) for the period before taxes9903-€49,268€112-€15,128€10,876-€7,508▼ 169%
Profit (loss) for the period9904-€49,268€112-€15,128€10,876-€7,508▼ 169%
Profit (loss) for the period to be appropriated9905-€49,268€112-€15,128€10,876-€7,508▼ 169%
Line20212022202320242025Change
Assets
Total assets20/58€217,349€178,575€178,958€186,829€191,909▲ 2.7%
Fixed assets21/28€182,240€176,041€173,938€173,938€173,938=
Tangible fixed assets22/27€182,240€176,041€173,938€173,938€173,938=
Land and buildings22€182,240€176,041€173,938€173,938€173,938=
Current assets29/58€35,110€2,534€5,020€12,891€17,972▲ 39.4%
Amounts receivable within one year40/41€27,795€0--€9,800-
Other amounts receivable41€27,795€0--€9,800-
Cash at bank and in hand54/58€7,314€2,534€5,020€12,891€8,172▼ 36.6%
Equity and liabilities
Total equity and liabilities10/49€217,349€178,575€178,958€186,829€191,909▲ 2.7%
Equity10/15-€177,655-€177,543-€192,671-€181,795-€189,303▼ 4.1%
Contributions10/11€61,500€61,500€61,500€61,500€61,500=
Capital10€61,500€61,500€61,500€61,500€61,500=
Issued capital100€61,500€61,500€61,500€61,500€61,500=
Profit (loss) carried forward14-€239,155-€239,043-€254,171-€243,295-€250,803▼ 3.1%
Amounts payable17/49€395,004€356,118€371,629€368,624€381,213▲ 3.4%
Amounts payable within one year42/48€394,812€356,118€371,629€368,624€372,129▲ 1.0%
Trade debts44€49,563€683€0€1,126€4,936▲ 338%
Suppliers440/4€49,563€683€0€1,126€4,936▲ 338%
Other amounts payable47/48€345,249€355,435€371,629€367,498€367,193▼ 0.1%
Accrued charges and deferred income492/3€192€0--€9,084-
Line20212022202320242025Change
Profit (loss) for the period9904-€49,268€112-€15,128€10,876-€7,508▼ 169%
+ Depreciation and write-downs630€6,162€6,199€2,103€0--
Operating cash flow (approximation)-€43,106€6,311-€13,025€10,876-€7,508▼ 169%
Investment in fixed assets (approximation)-€0€0€0€0-
Change in cash--€4,780€2,486€7,871-€4,719▼ 160%

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

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
22-07
State Gazette act Reappointment: Oscar Pfeffermann (director)
Power of attorney7 facts ▸
  • General meeting, 29-06-2026
  • Board composition, Oscar Pfeffermann (sole director)
  • Power of attorney, Moore Finance & Tax BV
  • Power of attorney, Tanja De Naeyer
  • Power of attorney, Dominique Jaminet
  • Power of attorney, Camille Houtave
  • Director reappointment, Oscar Pfeffermann (director)
06-07
NBB filing Annual accounts filed
fiscal year 2025 · full schema
2025
29-09
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema · 60 days late
2024
31-12
Financial Back to profitnet €10,876
Net result €10,876 after one loss-making year.
13-09
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema · 44 days late
2023
24-08
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema · 24 days late
2022
31-12
Financial Back to profitnet €112
Net result €112 after one loss-making year.
22-08
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema · 22 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 2 acts read
About the unread acts

Of the 2 Belgian State Gazette acts we know for this company, 1 has been read. The other one has not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
1 director, last change in 2026
Oscar Pfeffermann
Director · since 29-06-2026
Current
Derived from published Gazette acts. The CBE keeps the official list of function holders; we do not read it, so the two can differ. See the function holders in the CBE →
Not every act has been read: a resignation may be missing here
1 of this company's 2 Belgian State Gazette acts has not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Registered office, Antwerpen · 1 establishment unit since 2003
seat establishment The establishment unit on the map
Ground area
475 m²
Building footprint
192 m²
Volume, LiDAR
2,261 m³
Parcel 11806F1258/00G011, Flanders · tallest building 20.6 m, ±4 floors. Linked by address, not a title deed.
7 companies at this address See who is registered here
1 establishment unit
BARGOR
Zurenborgstraat 6, 2018 AntwerpenNACE 70120
since 20032.313.059.129
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
11806F1258/00G011 Flanders 475 m² 1 · 192 m² 20.6 m · 4 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.

Mandate history

1 person since 2026, 1 in office
Show
  • Board
  • began earlier
Mandates per person, with start and end dates
Name Functions and periods
Oscar Pfeffermann
  • Director, already before 29-06-2026 to date
See the board, name and seat on a given date →

Articles of association

Who signs

Structure & 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, scroll to zoom.

Identification & contact

Identification
Legal formPublic limited company
Founded11-01-1996
Fiscal year end31-12
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

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Register as of 29 September 2026 · Peppol Directory

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