Summary
BARNFIN is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €195.67M and a net result of €8.57M. Equity is growing by ~3% per year across the filed fiscal years. Its solvency ranks better than 91% of 2399 sector peers (fiscal year 2025). The company has been active since 1997 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The health score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Credit check for your own amount and term
Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 22-09-2025, 131 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
131 d early
2024
143 d early
2023
75 d early
2022
39 d early
2020
73 d early
2019
140 d early
2018
132 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close25-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, full schema
Equity
€195.67M▼ 2.2%
2024 · €200.10M
Net result
€8.57M▼ 48.9%
2024 · €16.78M
Total assets
€198.70M▼ 0.8%
2024 · €200.27M
Solvency
98.5%▼ 1.4pp
2024 · 99.9%
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
Line20202022202320242025
Operating result€-34k▼ 31.9%€-63k-€-53k▲ 16.7%€-77k▼ 46.1%€-276k▼ 259%
Net result€2.49M▼ 41.7%€2.42M-€5.71M▲ 137%€16.78M▲ 194%€8.57M▼ 48.9%
Equity€169.15M▲ 1.5%€177.61M-€183.32M▲ 3.2%€200.10M▲ 9.2%€195.67M▼ 2.2%
Total assets€169.25M▲ 1.5%€177.69M-€183.41M▲ 3.2%€200.27M▲ 9.2%€198.70M▼ 0.8%
Debt€105k▲ 32.9%€79k-€90k▲ 13.4%€165k▲ 83.4%€3.03M▲ 1,735%
Working capital€26.44M▲ 10.4%€34.90M-€40.62M▲ 16.4%€57.40M▲ 41.3%€51.54M▼ 10.2%
Solvency99.9%=100.0%-100.0%=99.9%=98.5%▼ 1.4pp
Staff (FTE)00
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €276k in 2025 against €77k in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €198.70M
Fixed assets
€144.13M ▲ 1.0%
Current assets
€54.57M ▼ 5.2%
Equity and liabilities €198.70M
Equity
€195.67M ▼ 2.2%
Debt
€3.03M ▲ 1,735%
Debt's share of the balance-sheet total rises from 0.1% to 1.5%. Equity is lower and debt is higher.
Key figures and ratios
ROE
4.4%▼
2024 · 8.4%
ROA
4.3%▼
2024 · 8.4%
Debt ≤ 1 year
€3.03M▲
2024 · €165k
Income taxes
€336k▲
2024 · €87k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Other operating charges640/8 | - | €42k | €33k | €37k | €41k | ▲ 10.4% |
| Gross operating margin9900 | €-33k | €-21k | €-20k | €-40k | €-235k | ▼ 491% |
| Operating profit (loss)9901 | €-34k | €-63k | €-53k | €-77k | €-276k | ▼ 259% |
| Financial income75/76B | - | €5.93M | €7.87M | €17.21M | €11.12M | ▼ 35.4% |
| Recurring financial income75 | €4.67M | €5.85M | €7.87M | €9.21M | €11.12M | ▲ 20.7% |
| Non-recurring financial income76B | - | €88k | - | €8.00M | €0 | ▼ 100% |
| Financial charges65/66B | - | €3.32M | €2.04M | €267k | €1.94M | ▲ 627% |
| Recurring financial charges65 | €597k | €1.06M | €2.04M | €267k | €1.94M | ▲ 627% |
| Non-recurring financial charges66B | - | €2.26M | - | - | - | - |
| Profit (loss) for the period before taxes9903 | €2.53M | €2.55M | €5.78M | €16.87M | €8.90M | ▼ 47.2% |
| Income taxes67/77 | €42k | €131k | €61k | €87k | €336k | ▲ 285% |
| Profit (loss) for the period9904 | €2.49M | €2.42M | €5.71M | €16.78M | €8.57M | ▼ 48.9% |
| Profit (loss) for the period to be appropriated9905 | €2.49M | €2.42M | €5.71M | €16.78M | €8.57M | ▼ 48.9% |
| Line | 2020 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €169.25M | €177.69M | €183.41M | €200.27M | €198.70M | ▼ 0.8% |
| Fixed assets21/28 | €142.71M | €142.71M | €142.71M | €142.71M | €144.13M | ▲ 1.0% |
| Financial fixed assets28 | €142.71M | €142.71M | €142.71M | €142.71M | €144.13M | ▲ 1.0% |
| Current assets29/58 | €26.55M | €34.98M | €40.71M | €57.56M | €54.57M | ▼ 5.2% |
| Amounts receivable within one year40/41 | €1.57M | €1.51M | €1.64M | €1.81M | €3.40M | ▲ 87.8% |
| Trade receivables40 | - | - | - | €30k | €0 | ▼ 100% |
| Other amounts receivable41 | - | €1.51M | €1.64M | €1.78M | €3.40M | ▲ 91.0% |
| Current investments50/53 | €16.91M | €26.88M | €30.37M | €43.01M | €42.09M | ▼ 2.2% |
| Cash at bank and in hand54/58 | €8.06M | €6.59M | €8.69M | €12.71M | €9.08M | ▼ 28.5% |
| Deferred charges and accrued income490/1 | - | €720 | €720 | €32k | €2k | ▼ 92.4% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €169.25M | €177.69M | €183.41M | €200.27M | €198.70M | ▼ 0.8% |
| Equity10/15 | €169.15M | €177.61M | €183.32M | €200.10M | €195.67M | ▼ 2.2% |
| Contributions10/11 | €131.57M | €131.57M | €131.57M | €131.57M | €136.15M | ▲ 3.5% |
| Capital10 | - | €131.57M | €131.57M | €131.57M | - | - |
| Issued capital100 | - | €131.57M | €131.57M | €131.57M | - | - |
| Reserves13 | €9.60M | €10.02M | €10.31M | €11.15M | €0 | ▼ 100% |
| Non-distributable reserves130/1 | - | €10.02M | €10.31M | €11.15M | €0 | ▼ 100% |
| Legal reserve130 | - | €10.02M | €10.31M | €11.15M | - | - |
| Reserves not available under the articles1311 | - | - | - | - | €0 | - |
| Profit (loss) carried forward14 | €27.99M | €36.02M | €41.45M | €57.39M | €59.52M | ▲ 3.7% |
| Amounts payable17/49 | €105k | €79k | €90k | €165k | €3.03M | ▲ 1,735% |
| Amounts payable within one year42/48 | €105k | €79k | €87k | €165k | €3.03M | ▲ 1,738% |
| Trade debts44 | €105k | €79k | €87k | €143k | €178 | ▼ 99.9% |
| Suppliers440/4 | - | €79k | €87k | €143k | €178 | ▼ 99.9% |
| Taxes, remuneration and social security45 | - | - | - | €22k | €32k | ▲ 46.2% |
| Taxes450/3 | - | - | - | €22k | €32k | ▲ 46.2% |
| Other amounts payable47/48 | - | - | - | - | €3.00M | - |
| Accrued charges and deferred income492/3 | - | - | €3k | €198 | €74 | ▼ 62.5% |
| Line | 2020 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €2.49M | €2.42M | €5.71M | €16.78M | €8.57M | ▼ 48.9% |
| Operating cash flow (approximation) | €2.49M | €2.42M | €5.71M | €16.78M | €8.57M | ▼ 48.9% |
| Investment in fixed assets (approximation) | - | - | €0 | €0 | €-1.43M | - |
| Change in cash | - | - | €2.10M | €4.01M | €-3.62M | ▼ 190% |
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
2025
22-09
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2024
10-09
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
30-06
Financial
Highest result since 2019net €16.78M ▲194%
Net result €16.78M, the highest in the series.
2023
17-11
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2022
23-12
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
30-06
Financial
Weakest financial yearnet €2.42M ▼2.8%
Net result drops to €2.42M, the lowest in the series; recovery starts the following year.
2020
19-11
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2019
13-09
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2018
21-09
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2017
19-09
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2016
12-09
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2015
06-11
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 11 acts read
About the unread acts
We know of 11 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
11 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, Sint-Lambrechts-Woluwe · 1 establishment unit since 1997
Ground area
1,951 m²
Building footprint
1,821 m²
Volume, LiDAR
11,810 m³
Parcel 21674C0313/00L005, Brussels · tallest building 15.6 m, ±1 floor. Linked by address, not a title deed.
10
companies at this address
See who is registered here
1 establishment unit
BARNFIN
since 19972.083.603.055
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21674C0313/00L005 | Brussels | 1,951 m² | 1 · 1,821 m² | 15.6 m · 1 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.
Recognitions · licences · registrations
Legal Entity Identifier
2549004S6JVGKMYKPU21
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Of 24,730 companies in sector 64210 we hold annual accounts for 19,766. 1,185 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
Founded28-08-1997
Fiscal year end30-06
Activities, NACEBEL 2025
64210Activities of holding companies
Scores and ratios are computed by Checked and are not a credit decision.