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Barnato

Open bankruptcy
Private limited company (pre-2019)founded 2011Sluisstraat 77, 8300 Knokke-Heist, BelgiumKBO/BCE: BE 0840.666.633

A bankruptcy procedure is open for Barnato according to publications in the Belgian State Gazette; curator: SERGE CARTON.

Summary

The 2023 annual accounts show negative equity (-€445,491) and a net result of -€331,064.

Are you a creditor?

Open bankruptcy Source: Belgian Official Gazette

If this company owes you money, you are not paid automatically: you file your claim yourself, within the deadline the judgment sets.

The procedure

Court
Enterprise Court of Ghent, Bruges division
Declared bankrupt
5 September 2024
Supervising judge
Patricia Adriaens
Official Gazette
11-09-2024 (pdf) ↗search the document for 2024/133978

Deadlines

Provisional date payments stopped
5 September 2024A later judgment can change the date.art. XX.105 CEL
Appeal or third-party opposition until
passed on 26 September 2024Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
File the claim in RegSol until
passed on 5 October 2024art. XX.104 and XX.155 CEL
First verification report
passed on 15 October 2024Goods that belong to you, such as those delivered under retention of title, are reclaimed before this day.art. XX.104 and XX.194 CEL
Late claim until
passed on 5 September 2025Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL

Curator

  • Serge CartonScheepsdalelaan 29, 8000 Bruggesc@bcdadvocaten.be

What to do now

  1. Do not deliver on credit any more without an agreement with the curator.
  2. Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
  3. File your proof of claim in RegSol (regsol.be), yourself with eID or itsme, or through your lawyer. State principal, interest and costs separately, and any preferential right you hold.
  4. Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
  5. Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
  6. Follow the file in RegSol: the verification report (admitted or disputed) and the curator's reports appear there.

The deadlines above come from the publication of the judgment. Check them in RegSol before you file anything; a passed deadline no longer applies.

File a claim in RegSol ↗ Watch Follow this bankruptcy: you are alerted when it is closed or reversed.

General information, not legal advice. If in doubt, the curator, your lawyer or your accountant can help.Creditor guide for this company

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Signals

Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Register: open bankruptcy
The KBO register records the legal situation: open bankruptcy. This is today's state according to the register itself; the register carries no start date.
KBO · legal situation
raises risk · Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Belgian State Gazette
neutral · Filed after the deadline
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 30-08-2024, 30 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 · 10 filings
Deviation from the deadline
2025
not confirmed
2024
not filed
2023
30 d late
2022
133 d late
2021
128 d late
2020
156 d late
2019
122 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 5 accounts on average 114 days after the deadline; the sector median for financial year 2024 is 14 days before the deadline, and 28% of the sector filed late.

Checked, nothing found (1)
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

On 27 October 2011, Barnato was incorporated.1 Total assets went from EUR 1.3 million in 2018 to EUR 472,311 in 2023.2 The company was declared bankrupt on 5 September 2024.3

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2023
  3. 3Belgian State Gazette, 11-09-2024

Go further with this company

Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2023, abbreviated schema

Equity
-€445,491▼ 289%
2022 · -€114,427
Net result
-€331,064
2022 · €63,222
Total assets
€472,311▼ 56.4%
2022 · €1.1m
Solvency
-94.3%▼ 83.8pp
2022 · -10.6%
Trend over the years
In euros
In per cent
Ratio
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
In full-time equivalents (FTE)
No line ticked in this group.

Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 64, Financial service activities, except insurance and pension funding, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).

Every figure with its change against the fiscal year before
favourable unfavourable
Line20192020202120222023
Operating result€82,247-€4,682-€187,237▼ 3,899%€83,395€25,919▼ 68.9%
Net result€44,796-€8,873below the sector's middle half-€195,377below the sector's middle half▼ 2,102%€63,222within the sector's middle half-€331,064below the sector's middle half
Equity€26,601€17,729below the sector's middle half▼ 33.4%-€177,649below the sector's middle half-€114,427below the sector's middle half▲ 35.6%-€445,491below the sector's middle half▼ 289%
Total assets€1.4m▲ 3.1%€1.2mwithin the sector's middle half▼ 11.1%€867,307within the sector's middle half▼ 28.2%€1.1mwithin the sector's middle half▲ 25.0%€472,311below the sector's middle half▼ 56.4%
Debt€1.3m▼ 0.2%€1.2m▼ 10.7%€1.0m▼ 12.2%€1.2m▲ 14.7%€917,802▼ 23.4%
Working capital-€35,350▲ 51.6%-€904,965below the sector's middle half▼ 2,460%-€841,258below the sector's middle half▲ 7.0%-€766,040below the sector's middle half▲ 8.9%-€612,665below the sector's middle half▲ 20.0%
Solvency2.0%▲ 3.3pp1.5%below the sector's middle half▼ 0.5pp-20.5%below the sector's middle half▼ 22.0pp-10.6%below the sector's middle half▲ 9.9pp-94.3%below the sector's middle half▼ 83.8pp
Current ratio0.89▲ 0.090.15below the sector's middle half▼ 0.750.08below the sector's middle half▼ 0.070.28below the sector's middle half▲ 0.200.06below the sector's middle half▼ 0.23
Return on assets (ROA)3.3%▲ 15.9pp-0.7%below the sector's middle half▼ 4.0pp-22.5%below the sector's middle half▼ 21.8pp5.8%within the sector's middle half▲ 28.4pp-70.1%below the sector's middle half▼ 75.9pp
Staff (FTE)0below the sector's middle half0within the sector's middle half
above within below the middle half (P25 to P75) of NACE 64, Financial service activities, except insurance and pension funding, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
-€400,000-€200,000€0Operating result 2019: €82,247€82,247Net result 2019: €44,796€44,796Operating result 2020: -€4,682-€4,682Net result 2020: -€8,873-€8,873Operating result 2021: -€187,237-€187,237Net result 2021: -€195,377-€195,377Operating result 2022: €83,395€83,395Net result 2022: €63,222€63,222Operating result 2023: €25,919€25,919Net result 2023: -€331,064-€331,06420192020202120222023-€400,000-€200,000€0Operating result 2021: -€187,237-€187,000Net result 2021: -€195,377-€195,000Operating result 2022: €83,395€83,400Net result 2022: €63,222€63,200Operating result 2023: €25,919€25,900Net result 2023: -€331,064-€331,000202120222023
The operating result falls in 2023; 2023 is 69% below 2022.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €468,601
Fixed assets €432,116 ▼ 44.1%
Current assets €36,485 ▼ 87.8%
Key figures and ratios
2023 value · change against 2022
Debt ≤ 1 year
€649,150▼
2022 · €1.1m
Debt > 1 year
€210,000▲
2022 · €75,000
Income taxes
€384▲
2022 · €346
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2023 against 2022 · 51 lines
Balance sheet Code20222023
Assets
Total assets20/58€1.1m€472,311▼
Formation expenses20€10,335€3,710▼
Fixed assets21/28€773,306€432,116▼
Tangible fixed assets22/27€11,987€11,105▼
Furniture and vehicles24€3,548€3,640▲
Other tangible fixed assets26€8,439€7,466▼
Financial fixed assets28€761,319€421,011▼
Current assets29/58€300,082€36,485▼
Amounts receivable within one year40/41€287,597€32,368▼
Trade receivables40€286,448€20,570▼
Other amounts receivable41€1,149€11,798▲
Cash at bank and in hand54/58€4,075€1,093▼
Deferred charges and accrued income490/1€8,410€3,023▼
Equity and liabilities
Total equity and liabilities10/49€1.1m€472,311▼
Equity10/15-€114,427-€445,491▼
Contributions10/11€18,600€18,600=
Reserves13€1,860€1,860=
Non-distributable reserves130/1€1,860€1,860=
Reserves not available under the articles1311€1,860€1,860=
Profit (loss) carried forward14-€134,887-€465,951▼
Amounts payable17/49€1.2m€917,802▼
Amounts payable after more than one year17€75,000€210,000▲
Financial debts170/4€75,000€210,000▲
Amounts payable within one year42/48€1.1m€649,150▼
Financial debts43€80,089€86,807▲
Credit institutions430/8€80,089€86,807▲
Trade debts44€40,086€31,183▼
Suppliers440/4€40,086€31,183▼
Advances received on contracts in progress46€269,830€0▼
Taxes, remuneration and social security45€11,210€120,220▲
Taxes450/3€11,210€120,220▲
Other amounts payable47/48€664,908€410,940▼
Accrued charges and deferred income492/3€57,028€58,652▲
Income statement Code20222023
Non-recurring operating income76A-€10,028
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10,307€10,147▼
Other operating charges640/8€9,078€13,228▲
Non-recurring operating charges66A€0-
Gross operating margin9900€102,780€49,294▼
Operating profit (loss)9901€83,395€25,919▼
Financial income75/76B€148€0▼
Recurring financial income75€148€0▼
Financial charges65/66B€19,976€356,599▲
Recurring financial charges65€19,976€16,291▼
Non-recurring financial charges66B-€340,308
Profit (loss) for the period before taxes9903€63,568-€330,681▼
Income taxes67/77€346€384▲
Profit (loss) for the period9904€63,222-€331,064▼
Profit (loss) for the period to be appropriated9905€63,222-€331,064▼
Appropriation of the result
Profit (loss) to be appropriated9906-€134,887-€465,951▼
Profit (loss) brought forward from the previous period14P-€198,109-€134,887▲
Social balance
Average headcount (FTE)90870.00.0=

The notes to these accounts (19 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20192020202120222023Change
Non-recurring operating income76A----€10,028-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5,040€8,920€10,328€10,307€10,147▼ 1.6%
Other operating charges640/8--€2,809€9,078€13,228▲ 45.7%
Non-recurring operating charges66A--€252,972€0--
Gross operating margin9900€125,245€6,222€78,872€102,780€49,294▼ 52.0%
Operating profit (loss)9901€82,247-€4,682-€187,237€83,395€25,919▼ 68.9%
Financial income75/76B--€0€148€0▼ 100%
Recurring financial income75€15,364€5,780€0€148€0▼ 100%
Financial charges65/66B--€7,798€19,976€356,599▲ 1,685%
Recurring financial charges65€52,108€9,633€7,798€19,976€16,291▼ 18.4%
Non-recurring financial charges66B----€340,308-
Profit (loss) for the period before taxes9903€45,503-€8,535-€195,035€63,568-€330,681▼ 620%
Income taxes67/77€707€338€342€346€384▲ 10.9%
Profit (loss) for the period9904€44,796-€8,873-€195,377€63,222-€331,064▼ 624%
Profit (loss) for the period to be appropriated9905€44,796-€8,873-€195,377€63,222-€331,064▼ 624%
Line20192020202120222023Change
Assets
Total assets20/58€1.4m€1.2m€867,307€1.1m€472,311▼ 56.4%
Formation expenses20€30,211€23,586€16,961€10,335€3,710▼ 64.1%
Fixed assets21/28€1.0m€1.0m€776,988€773,306€432,116▼ 44.1%
Tangible fixed assets22/27€14,734€13,655€15,669€11,987€11,105▼ 7.4%
Furniture and vehicles24--€6,256€3,548€3,640▲ 2.6%
Other tangible fixed assets26--€9,413€8,439€7,466▼ 11.5%
Financial fixed assets28€1.0m€1.0m€761,319€761,319€421,011▼ 44.7%
Current assets29/58€300,131€156,709€73,359€300,082€36,485▼ 87.8%
Amounts receivable within one year40/41€289,784€148,313€62,689€287,597€32,368▼ 88.7%
Trade receivables40--€61,934€286,448€20,570▼ 92.8%
Other amounts receivable41--€755€1,149€11,798▲ 927%
Cash at bank and in hand54/58€2,405€2,201€6,279€4,075€1,093▼ 73.2%
Deferred charges and accrued income490/1--€4,391€8,410€3,023▼ 64.1%
Equity and liabilities
Total equity and liabilities10/49€1.4m€1.2m€867,307€1.1m€472,311▼ 56.4%
Equity10/15€26,601€17,729-€177,649-€114,427-€445,491▼ 289%
Contributions10/11€18,600-€18,600€18,600€18,600=
Reserves13€1,860€1,860€1,860€1,860€1,860=
Non-distributable reserves130/1--€1,860€1,860€1,860=
Reserves not available under the articles1311--€1,860€1,860€1,860=
Profit (loss) carried forward14€6,141-€2,731-€198,109-€134,887-€465,951▼ 245%
Amounts payable17/49€1.3m€1.2m€1.0m€1.2m€917,802▼ 23.4%
Amounts payable after more than one year17€942,875€75,000€75,000€75,000€210,000▲ 180%
Financial debts170/4--€75,000€75,000€210,000▲ 180%
Amounts payable within one year42/48€335,482€1.1m€914,617€1.1m€649,150▼ 39.1%
Financial debts43--€77,332€80,089€86,807▲ 8.4%
Credit institutions430/8--€77,332€80,089€86,807▲ 8.4%
Trade debts44€15,901€15,552€26,879€40,086€31,183▼ 22.2%
Suppliers440/4--€26,879€40,086€31,183▼ 22.2%
Advances received on contracts in progress46--€26,620€269,830€0▼ 100%
Taxes, remuneration and social security45--€58,087€11,210€120,220▲ 972%
Taxes450/3--€58,087€11,210€120,220▲ 972%
Other amounts payable47/48--€725,699€664,908€410,940▼ 38.2%
Accrued charges and deferred income492/3--€55,339€57,028€58,652▲ 2.8%
Line20192020202120222023Change
Profit (loss) for the period9904€44,796-€8,873-€195,377€63,222-€331,064▼ 624%
+ Depreciation and write-downs630€5,040€8,920€10,328€10,307€10,147▼ 1.6%
Operating cash flow (approximation)€49,836€48-€185,049€73,529-€320,918▼ 536%
Investment in fixed assets (approximation)--€7,842€240,631-€6,625€331,043▲ 5,097%
Change in cash--€204€4,078-€2,204-€2,982▼ 35.3%

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

2024
11-09
Bankruptcy Opening
Ondernemingsrechtbank Gent, afdeling Brugge · event 05-09-2024
30-08
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema · 30 days late
2023
31-12
Financial Weakest financial yearnet -€331,064
Net result drops to -€331,064, the lowest in the series.
11-12
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema · 133 days late
2022
31-12
Financial Back to profitnet €63,222
Net result €63,222 after 2 loss-making years.
06-12
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema · 128 days late
03-01
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema · 156 days late
2020
30-11
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema · 122 days late
2019
31-12
Financial Back to profitnet €44,796
Net result €44,796 after one loss-making year.
23-12
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema · 145 days late
2018
30-11
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema · 122 days late
2017
27-09
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema · 58 days late
2016
27-09
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema · 58 days late
2015
01-10
NBB filing Annual accounts filed
fiscal year 2014 · abbreviated schema · 62 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts

We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
4 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, Knokke-Heist · 1 establishment unit since 2011
seat establishment The establishment unit on the map
Ground area
4,176 m²
Building footprint
1,709 m²
Volume, LiDAR
9,923 m³
2 parcels, Flanders · tallest building 14.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Barnato
Izabellapolder 24-25, 8300 Knokke-HeistReal estate development
since 20112.203.928.882
2 parcels
Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
31039C0024/00F000 Flanders 3,753 m² 1 · 1,581 m² 14.4 m · 2 fl.
31039A0290/00W002 Flanders 423 m² 1 · 128 m² 10.6 m · 2 fl.
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Insolvency mandates

1 mandate
Role Name Tenure
Curator SERGE CARTON
SCHEEPSDALELAAN 29, 8000 BRUGGE
05-09-2024 → present

Structure & network

Owners and holdings

1 holding

Owners 0

The accounts to 31-12-2023 list no shareholders, and no other source names one.

Holdings 1

According to the 2023 annual accounts of Barnato and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Similar companies · same sector, comparable size

Of 24,728 companies in sector 64210 we hold annual accounts for 19,805. 6,993 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 (pre-2019)
Founded27-10-2011
Fiscal year end31-12
Activities, NACEBEL 2025
64210Activities of holding companies
82990Other business support services
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.

Register as of 30 September 2026 · Peppol Directory

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