BAROK BAR
InactiveBAROK BAR was declared bankrupt on 10-05-2022 (Ondernemingsrechtbank Brussel); the bankruptcy was closed for insufficient assets by judgment of 21-11-2023, published in the Belgian State Gazette on 01-12-2023.
No longer registered with the KBO; last annual accounts for fiscal year 2021.
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-03-2022, 4 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filingsPosition against the passed deadline
31-03-2022 close31-10-2022 deadline22-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2021 was due by 31-10-2021 and was filed on 16-09-2021, 45 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not filed
2024
not filed
2023
not filed
2022
not filed
2021
45 d early
2020
39 d early
2019
31 d early
← before the deadline
after the deadline →
Financials · fiscal year 2021, micro schema
Equity
€-33k▼ 8.8%
2020 · €-30k
2019: €-20k
2020: €-30k
2019 → 2021
Total assets
€7k▼ 55.8%
2020 · €17k
2019: €28k
2020: €17k
2019 → 2021
Net result
€-3k▲ 74.6%
2020 · €-10k
2019: €23k
2020: €-10k
2019 → 2021
Working capital
€-39k▼ 12.2%
2020 · €-35k
2019: €-29k
2020: €-35k
2019 → 2021
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line201920202021Trend
Equity€-20k-€-30k▼ 52.6%€-33k▼ 8.8%
Operating result€25k-€-9k€-762▲ 91.1%
Net result€23k-€-10k€-3k▲ 74.6%
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 €762 in 2021 against €9k in 2020; the loss shrinks.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €7k
Fixed assets
€7k▼ 21.2%
Current assets
€742▼ 91.1%
Key figures and ratios
EBITDA
€1k▲
2020 · €-6k
Cash flow
€-821▲
2020 · €-8k
Solvency
-436.9%▼
2020 · -177.7%
Current ratio
0.02▼
2020 · 0.19
Quick ratio
0.02▼
2020 · 0.19
ROA
-35.2%▲
2020 · -61.3%
Debt
€40k▼
2020 · €47k
Debt ≤ 1 year
€40k▼
2020 · €43k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2021 against 2020
Balance sheet
Code20202021
Assets
Total assets20/58€17k€7k▼
Fixed assets21/28€9k€7k▼
Tangible fixed assets22/27€3k€2k▼
Financial fixed assets28€5k€5k=
Current assets29/58€8k€742▼
Amounts receivable within one year40/41€7k-
Current investments50/53€14€14▲
Cash at bank and in hand54/58€923€729▼
Equity and liabilities
Total equity and liabilities10/49€17k€7k▼
Equity10/15€-30k€-33k▼
Contributions10/11€6k€6k=
Reserves13€2k€2k=
Profit (loss) carried forward14€-38k€-41k▼
Amounts payable17/49€47k€40k▼
Amounts payable within one year42/48€43k€40k▼
Trade debts44€11k€4k▼
Income statement
Code20202021
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€2k▼
Gross operating margin9900€-4k€16k▲
Operating profit (loss)9901€-9k€-762▲
Recurring financial income75€8€0▼
Recurring financial charges65€2k€2k▲
Profit (loss) for the period before taxes9903€-10k€-3k▲
Profit (loss) for the period9904€-10k€-3k▲
Profit (loss) for the period to be appropriated9905€-10k€-3k▲
Timeline · acts, filings and financial milestones
2023
01-12
Bankruptcy
Bankruptcy closure (insufficient assets)
Ondernemingsrechtbank Brussel · BAROK BAR BV BRUSSELSESTEENWEG 47-4, 1860 MEISE · event 21-11-2023
2022
17-05
Bankruptcy
Opening
Ondernemingsrechtbank Brussel · BAROK BAR BV BRUSSELSE- STEENWEG 47-4, 1860 MEISE · event 10-05-2022
2021
16-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2020
22-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
31-03
Financial
Weakest financial yearnet €-10k ▼145%
Net result drops to €-10k, the lowest in the series.
2019
30-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
20-11
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 20 days late
2017
26-10
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
28-11
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 28 days late
2015
26-11
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 26 days late
2014
24-11
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema · 24 days late
2013
09-12
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema · 39 days late
2012
21-12
NBB filing
Annual accounts filed
fiscal year 2012 · abbreviated schema · 51 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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
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.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | THOMAS VANDENDRIES STEENWEG OP SINT JORIS
WINGE 21, 3200 AARSCHOT |
10-05-2022 → present |