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BARIKZAI

Active
Private limited companyfounded 2024active for 2 yearsKortrijkstraat 117, 8700 Tielt, BelgiumKBO/BCE: BE 1007.996.185

Financials · financial year 2024, micro format

2024 annual accounts filed 222 days after the deadline Filed on 10 March 2026, deadline 31 July 2025 (7 months after the close on 31 December 2024, Companies Code art. 3:10). Source: NBB, 2026-00051717.

Annual accounts 2024 filed on 10-03-2026 PDF

Turnover
€123,631
EBIT margin
-3.3%
Net result
-€4,149
Working capital
€851
Balance-sheet composition
Equity and liabilities €36,580
Equity €851
Debt €35,730
Debt's share of the balance-sheet total is 97.7%.
Key figures and ratios
2024 value
Current ratio
1.02
Quick ratio
0.31
ROA
-11.3%
Debt ≤ 1 year
€35,730
Customer credit
22 days
Supplier credit
99 days
The equity ratios are withheld because equity of €851 is too small for a meaningful ratio.
Annual accounts
Filed annual accounts As filed with the NBB · 2024 · 26 lines
Balance sheet Code2024
Assets
Total assets20/58€36,580
Current assets29/58€36,580
Stocks and contracts in progress3€25,532
Stocks30/36€25,532
Amounts receivable within one year40/41€7,403
Other amounts receivable41€7,403
Cash at bank and in hand54/58€3,646
Equity and liabilities
Total equity and liabilities10/49€36,580
Equity10/15€851
Contributions10/11€5,000
Profit (loss) carried forward14-€4,149
Amounts payable17/49€35,730
Amounts payable within one year42/48€35,730
Trade debts44€34,491
Suppliers440/4€34,491
Other amounts payable47/48€1,239
Income statement Code2024
Turnover70€123,631
Goods, raw materials, services and sundry goods60/61€127,698
Other operating charges640/8€4,067
Operating profit (loss)9901-€4,067
Financial charges65/66B€82
Recurring financial charges65€82
Profit (loss) for the period before taxes9903-€4,149
Profit (loss) for the period9904-€4,149
Profit (loss) for the period to be appropriated9905-€4,149
Appropriation of the result
Profit (loss) to be appropriated9906-€4,149

The notes to these accounts have 1 item. You find them in the filed accounts (PDF).

Source: Annual accounts 2024 (PDF), filed on 10-03-2026.

Line2024
Turnover70€123,631
Goods, raw materials, services and sundry goods60/61€127,698
Other operating charges640/8€4,067
Operating profit (loss)9901-€4,067
Financial charges65/66B€82
Recurring financial charges65€82
Profit (loss) for the period before taxes9903-€4,149
Profit (loss) for the period9904-€4,149
Profit (loss) for the period to be appropriated9905-€4,149
Line2024
Assets
Total assets20/58€36,580
Current assets29/58€36,580
Stocks and contracts in progress3€25,532
Stocks30/36€25,532
Amounts receivable within one year40/41€7,403
Other amounts receivable41€7,403
Cash at bank and in hand54/58€3,646
Equity and liabilities
Total equity and liabilities10/49€36,580
Equity10/15€851
Contributions10/11€5,000
Profit (loss) carried forward14-€4,149
Amounts payable17/49€35,730
Amounts payable within one year42/48€35,730
Trade debts44€34,491
Suppliers440/4€34,491
Other amounts payable47/48€1,239
Line2024
Profit (loss) for the period9904-€4,149
Operating cash flow (approximation)-€4,149

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

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Historical observation

In July 2024, 757 companies had the same profile as BARIKZAI has now. Two years later, 86.8% were still going and 7.9% had gone bankrupt.

  • Micro
  • 2 to 5 years old
  • solvency under 10%
  • a loss of 10% of the balance sheet or more
86.8% was still going
4.8% stopped otherwise
7.9% went bankrupt

Another 0.5% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of BARIKZAI itself: 8.9% within 12 months.

Test of the method

The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the 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% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 757 companies, not a prediction for BARIKZAI. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Filings with the National Bank (1)
Financial year Type Filed Reference Document
31-12-2024 micro format 10-03-2026 2026-00051717 PDF

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