Barinthus Technologies
ActiveSummary
The computed 12-month bankruptcy probability of Barinthus Technologies is 3.4% (moderate). The 2025 annual accounts show negative equity (€-33k) and a net result of €-13k. Equity is shrinking by ~56.7% per year across the filed fiscal years. Its solvency ranks better than 10% of 114 sector peers (fiscal year 2025). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
25
/ 100
Weak
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0=
Solvency0=
Growth32=
Track record100
Bankruptcy probability, 12 months
3.4%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity ample (current ratio 2.35 against 41.08 in 2024; short-term debt: 6.8% and cash: 6.8% of total assets), but equity is negative.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
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 2025Solvency, return and age of the figures
Solvency
-100%
Return on assets
-40.5%
Age of the figures
9 mo
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 50
Relative position
BE, all sectors
reference
Sector 50
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
2122232425
2021 to 2025 · latest year €-33k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 5 filingsDeviation from the deadline
2025
31 d late
2024
30 d late
2023
43 d early
2022
31 d late
2021
30 d late
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€-33k▼ 68.1%
2024 · €-19k
2021: €-5k
2022: €-11k
2023: €3k
2024: €-19k
2021 → 2025
Total assets
€33k▼ 23.0%
2024 · €42k
2021: €19k
2022: €37k
2023: €64k
2024: €42k
2021 → 2025
Net result
€-13k▲ 40.0%
2024 · €-22k
2021: €-9k
2022: €-6k
2023: €14k
2024: €-22k
2021 → 2025
Working capital
€3k▼ 65.9%
2024 · €9k
2021: €-2k
2022: €-13k
2023: €23k
2024: €9k
2021 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-5k-€-11k▼ 108%€3k€-19k€-33k▼ 68.1%
Operating result€-9k-€-5k▲ 43.1%€-4k▲ 18.7%€-19k▼ 376%€-12k▲ 39.3%
Net result€-9k-€-6k▲ 35.3%€14k€-22k€-13k▲ 40.0%
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 €12k in 2025 against €19k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €33k
Fixed assets
€27k ▼ 17.8%
Current assets
€5k ▼ 42.1%
Key figures and ratios
EBITDA
€-6k▲
2024 · €-13k
Cash flow
€-7k▲
2024 · €-15k
Solvency
-100.0%▼
2024 · -45.8%
Current ratio
2.35▼
2024 · 41.08
Debt to equity
-2.00▲
2024 · -3.18
ROA
-40.5%▲
2024 · -52.0%
Interest coverage
-3.94▲
2024 · -4.73
Debt
€65k▲
2024 · €62k
Debt ≤ 1 year
€2k▲
2024 · €220
Debt > 1 year
€63k▲
2024 · €61k
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 · 2025 against 2024 · 33 lines
Balance sheet
Code20242025
Assets
Total assets20/58€42k€33k▼
Fixed assets21/28€33k€27k▼
Intangible fixed assets21€33k€27k▼
Current assets29/58€9k€5k▼
Amounts receivable within one year40/41€2k€3k▲
Trade receivables40-€2k
Other amounts receivable41€2k€595▼
Cash at bank and in hand54/58€7k€2k▼
Equity and liabilities
Total equity and liabilities10/49€42k€33k▼
Equity10/15€-19k€-33k▼
Contributions10/11€4k€4k=
Profit (loss) carried forward14€-23k€-36k▼
Amounts payable17/49€62k€65k▲
Amounts payable after more than one year17€61k€63k▲
Financial debts170/4€61k€63k▲
Amounts payable within one year42/48€220€2k▲
Trade debts44€220€2k▲
Suppliers440/4€220€2k▲
Income statement
Code20242025
Non-recurring operating income76A€0-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7k€6k▼
Other operating charges640/8€387€124▼
Gross operating margin9900€-12k€-6k▲
Operating profit (loss)9901€-19k€-12k▲
Financial income75/76B€0€0▼
Recurring financial income75€0€0▼
Non-recurring financial income76B€0-
Financial charges65/66B€3k€1k▼
Recurring financial charges65€3k€1k▼
Profit (loss) for the period before taxes9903€-22k€-13k▲
Profit (loss) for the period9904€-22k€-13k▲
Profit (loss) for the period to be appropriated9905€-22k€-13k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-23k€-36k▼
Profit (loss) brought forward from the previous period14P€-1k€-23k▼
The notes to these accounts (14 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
30-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 30 days late
2024
31-12
Financial
Weakest financial yearnet €-22k ▼261%
Net result drops to €-22k, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity quadruplescurrent ratio 41.08
Current ratio from 10.21 to 41.08; short-term debt falls from €3k to €220.
18-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €14k
Net result €14k after 2 loss-making years.
31-12
Financial
Liquidity times 28current ratio 10.21
Current ratio from 0.37 to 10.21; short-term debt falls from €21k to €3k.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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
Registered office, Schaarbeek · 2 establishment units since 2020
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Rubensstraat 461030 SchaarbeekGround area
1,814 m²
Building footprint
434 m²
Volume, LiDAR
2,848 m³
2 parcels, Brussels, Flanders · tallest building 16.7 m, ±5 floors. Linked by address, not a title deed.
2 establishment units
Barinthus Technologies
since 20202.306.339.306
Barinthus Technologies
since 20202.306.339.405
2 parcels
Flanders
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 72032A0842/00Z000 | Flanders | 1,666 m² | 1 · 357 m² | 7.8 m · 2 fl. |
| 21910E0189/00Y000 | Brussels | 148 m² | 1 · 77 m² | 16.7 m · 5 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 · 1 entry · 7,000 EUR awarded · 7,000 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 1 | 7,000 EUR | 7,000 EUR |
Schemes
Subsidies voor internationaal ondernemen
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Of 3,785 companies in sector 50200 we hold annual accounts for 2,184. 177 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded29-06-2020
Fiscal year end31-12
Activities, NACEBEL 2025
50200Water transport
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.