Baron
ActiveThe computed 12-month bankruptcy probability of Baron is 1.8% (moderate). The 2025 annual accounts show equity of €123k and a net result of €37k. Equity is growing by ~18.9% per year across the filed fiscal years. Its solvency ranks better than 53% of 27711 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
75
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability88▲+5
Solvency75▲+14
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
1.8%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €9k at 30 days acceptable
Liquidity tight (current ratio 1.27 against 0.73 in 2024; short-term debt: 30.3% and cash: 33% of total assets), and 50.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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 · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
49.9%
Return on assets
15.1%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 03-03-2026, 150 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
150 d early
2024
126 d early
2023
111 d early
2022
56 d early
2021
26 d late
2020
12 d late
← before the deadline
after the deadline →
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
21-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€123k▲ 43.6%
2024 · €86k
2020: €39k
2021: €59k
2022: €93k
2023: €113k
2024: €86k
2020 → 2025
Total assets
€248k▲ 3.3%
2024 · €240k
2020: €162k
2021: €207k
2022: €248k
2023: €260k
2024: €240k
2020 → 2025
Net result
€37k▲ 39.4%
2024 · €27k
2020: €34k
2021: €20k
2022: €34k
2023: €20k
2024: €27k
2020 → 2025
Working capital
€20k
2024 · €-29k
2020: €-39k
2021: €-27k
2022: €-28k
2023: €-24k
2024: €-29k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€59k-€93k▲ 57.5%€113k▲ 21.4%€86k▼ 23.9%€123k▲ 43.6%
Operating result€28k-€43k▲ 54.4%€27k▼ 37.4%€38k▲ 43.9%€53k▲ 39.2%
Net result€20k-€34k▲ 69.5%€20k▼ 41.2%€27k▲ 34.7%€37k▲ 39.4%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 39% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €248k
Fixed assets
€153k▼ 4.6%
Current assets
€95k▲ 19.0%
Equity and liabilities €248k
Equity
€123k▲ 43.6%
Debt
€124k▼ 19.3%
The debt ratio falls from 64.1% to 50.1%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€101k▲
2024 · €85k
Cash flow
€85k▲
2024 · €74k
Solvency
49.9%▲
2024 · 35.9%
Current ratio
1.27▲
2024 · 0.73
Quick ratio
1.23▲
2024 · 0.73
Debt / equity
1.00▼
2024 · 1.79
ROE
30.4%▼
2024 · 31.3%
ROA
15.1%▲
2024 · 11.2%
Interest coverage
17.24▼
2024 · 20.02
Debt
€124k▼
2024 · €154k
Debt ≤ 1 year
€75k▼
2024 · €109k
Debt > 1 year
€49k▲
2024 · €45k
Income taxes
€10k▲
2024 · €7k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€240k€248k▲
Fixed assets21/28€160k€153k▼
Tangible fixed assets22/27€160k€153k▼
Land and buildings22€5k€4k▼
Plant, machinery and equipment23€49k€72k▲
Furniture and vehicles24€99k€70k▼
Other tangible fixed assets26€7k€6k▼
Current assets29/58€80k€95k▲
Stocks and contracts in progress3€301€3k▲
Stocks30/36€301€542▲
Contracts in progress37-€2k
Amounts receivable within one year40/41€12k€9k▼
Trade receivables40€12k€4k▼
Other amounts receivable41€120€5k▲
Cash at bank and in hand54/58€64k€82k▲
Deferred charges and accrued income490/1€3k€1k▼
Equity and liabilities
Total equity and liabilities10/49€240k€248k▲
Equity10/15€86k€123k▲
Contributions10/11€5k€5k=
Reserves13€81k€118k▲
Distributable reserves133€81k€118k▲
Profit (loss) carried forward14€0€0=
Amounts payable17/49€154k€124k▼
Amounts payable after more than one year17€45k€49k▲
Financial debts170/4€45k€49k▲
Amounts payable within one year42/48€109k€75k▼
Current portion of amounts payable after more than one year42€24k€24k▼
Financial debts43€0-
Credit institutions430/8€0-
Trade debts44€28k€8k▼
Suppliers440/4€28k€8k▼
Taxes, remuneration and social security45€8k€3k▼
Taxes450/3€5k€3k▼
Remuneration and social security454/9€3k€0▼
Other amounts payable47/48€50k€40k▼
Accrued charges and deferred income492/3€0€440▲
Income statement
Code20242025
Non-recurring operating income76A€0€8k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€47k€47k▲
Other operating charges640/8€1k€2k▲
Non-recurring operating charges66A€227€0▼
Gross operating margin9900€87k€103k▲
Operating profit (loss)9901€38k€53k▲
Financial income75/76B€369€287▼
Recurring financial income75€369€287▼
Financial charges65/66B€4k€6k▲
Recurring financial charges65€4k€6k▲
Profit (loss) for the period before taxes9903€34k€48k▲
Income taxes67/77€7k€10k▲
Profit (loss) for the period9904€27k€37k▲
Profit (loss) for the period to be appropriated9905€27k€37k▲
Appropriation of the result
Profit (loss) to be appropriated9906€27k€37k▲
Transfer from equity791/2€54k€0▼
Transfer to equity691/2€27k€37k▲
To other reserves6921€27k€37k▲
Profit to be distributed694/7€54k€0▼
Return on contributions (dividend)694€54k€0▼
The notes to these accounts (8 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
03-03
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2020net €37k ▲39.4%
Operating result €53k, net result €37k, both a record.
31-12
Financial
Equity above €100kEq €123k ▲43.6%
6 profitable years in a row build equity to €123k.
27-03
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
11-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €20k ▼41.2%
Net result drops to €20k, the lowest in the series; recovery starts the following year.
31-12
Financial
Equity above €100kEq €113k ▲21.4%
4 profitable years in a row build equity to €113k.
05-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
26-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 26 days late
2021
12-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 12 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, Tielt · 1 establishment unit 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.
Sint-Amandstraat 238760 TieltGround area
3,009 m²
Building footprint
151 m²
Volume, LiDAR
685 m³
Parcel 37007E1235/00A000, Flanders · tallest building 7.1 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Baron
since 20202.300.176.143
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 37007E1235/00A000 | Flanders | 3,009 m² | 1 · 151 m² | 7.1 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
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
64881FSAYP4U94R60513
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Of 8,456 companies in sector 43120 we hold annual accounts for 3,233. 2,654 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded09-03-2020
Fiscal year end31-12
Activities, NACEBEL
43120Site preparation
43240Other construction installation
43299Specialised construction activities
81300Landscape service activities
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesWebsite:www.barongregory.be
E-mail:baron.gregory@hotmail.com