BAROON
ActiveSummary
BAROON has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €112k and a net result of €42k. Equity is growing by ~66.3% per year across the filed fiscal years. Its solvency ranks better than 40% of 14128 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability77▲+20
Solvency42▼-2
Growth78=
Track record94
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6k at 30 days acceptable
Liquidity tight (current ratio 1.21 against 1.23 in 2024; short-term debt: 82.6% and cash: 3.7% of total assets), and 82.6% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five 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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← 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
17.4%
Return on assets
6.4%
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 19-07-2026, 12 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
12 d early
2024
1 d early
2023
4 d early
2022
3 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 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€112k▲ 58.8%
2024 · €71k
2022: €-1klowest in 4 years
2023: €41k▲ +3246% vs 2022
2024: €71k▲ +73.6% vs 2023
2025: €112k▲ +58.8% vs 2024highest in 4 years
2022 → 2025
Total assets
€646k▲ 71.4%
2024 · €377k
2022: €629k
2023: €51k▼ -91.9% vs 2022lowest in 4 years
2024: €377k▲ +639% vs 2023
2025: €646k▲ +71.4% vs 2024highest in 4 years
2022 → 2025
Net result
€42k▲ 38.6%
2024 · €30k
2022: €-4klowest in 4 years
2023: €42k▲ +1080% vs 2022highest in 4 years
2024: €30k▼ -28.6% vs 2023
2025: €42k▲ +38.6% vs 2024
2022 → 2025
Working capital
€111k▲ 57.3%
2024 · €71k
2022: €-1klowest in 4 years
2023: €41k▲ +3246% vs 2022
2024: €71k▲ +73.6% vs 2023
2025: €111k▲ +57.3% vs 2024highest in 4 years
2022 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€-1k-€41k€71k▲ 73.6%€112k▲ 58.8%
2022: €-1klowest in 4 years
2023: €41k▲ +3246% vs 2022
2024: €71k▲ +73.6% vs 2023
2025: €112k▲ +58.8% vs 2024highest in 4 years
Operating result€-912-€64k€39k▼ 39.3%€57k▲ 46.3%
2022: €-912lowest in 4 years
2023: €64k▲ +7106% vs 2022highest in 4 years
2024: €39k▼ -39.3% vs 2023
2025: €57k▲ +46.3% vs 2024
Net result€-4k-€42k€30k▼ 28.6%€42k▲ 38.6%
2022: €-4klowest in 4 years
2023: €42k▲ +1080% vs 2022highest in 4 years
2024: €30k▼ -28.6% vs 2023
2025: €42k▲ +38.6% vs 2024
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 46% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €646k
Fixed assets
€1k
Current assets
€645k
Equity and liabilities €646k
Equity
€112k ▲ 58.8%
Debt
€533k ▲ 74.3%
Debt's share of the balance-sheet total rises from 81.2% to 82.6%. Equity and debt are higher.
Key figures and ratios
EBITDA
€57k
Cash flow
€42k
Current ratio
1.21▼
2024 · 1.23
Quick ratio
0.05▼
2024 · 0.16
Debt to equity
4.74▲
2024 · 4.32
ROE
37.0%▼
2024 · 42.4%
ROA
6.4%▼
2024 · 8.0%
Interest coverage
12.89
Debt ≤ 1 year
€533k▲
2024 · €306k
Income taxes
€11k▲
2024 · €8k
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 · 37 lines
Balance sheet
Code20242025
Assets
Total assets20/58€377k€646k▲
Fixed assets21/28-€1k
Tangible fixed assets22/27-€1k
Plant, machinery and equipment23-€1k
Current assets29/58€377k€645k▲
Stocks and contracts in progress3€327k€619k▲
Stocks30/36€327k€619k▲
Amounts receivable within one year40/41€606€1k▲
Other amounts receivable41€606€1k▲
Cash at bank and in hand54/58€48k€24k▼
Deferred charges and accrued income490/1€644€159▼
Equity and liabilities
Total equity and liabilities10/49€377k€646k▲
Equity10/15€71k€112k▲
Contributions10/11€3k€3k=
Profit (loss) carried forward14€68k€109k▲
Amounts payable17/49€306k€533k▲
Amounts payable within one year42/48€306k€533k▲
Current portion of amounts payable after more than one year42€183k€358k▲
Trade debts44€902€58k▲
Suppliers440/4€902€58k▲
Taxes, remuneration and social security45€17k€13k▼
Taxes450/3€17k€13k▼
Other amounts payable47/48€105k€105k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€175
Other operating charges640/8€387€2k▲
Gross operating margin9900€39k€59k▲
Operating profit (loss)9901€39k€57k▲
Financial income75/76B€3€33▲
Recurring financial income75€3€33▲
Financial charges65/66B€1k€4k▲
Recurring financial charges65€1k€4k▲
Profit (loss) for the period before taxes9903€38k€52k▲
Income taxes67/77€8k€11k▲
Profit (loss) for the period9904€30k€42k▲
Profit (loss) for the period to be appropriated9905€30k€42k▲
Appropriation of the result
Profit (loss) to be appropriated9906€68k€109k▲
Profit (loss) brought forward from the previous period14P€38k€68k▲
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | - | - | €175 | - |
| Other operating charges640/8 | €60 | €5k | €387 | €2k | ▲ 341% |
| Gross operating margin9900 | €-852 | €69k | €39k | €59k | ▲ 49.7% |
| Operating profit (loss)9901 | €-912 | €64k | €39k | €57k | ▲ 46.3% |
| Financial income75/76B | €0 | - | €3 | €33 | ▲ 1,118% |
| Recurring financial income75 | €0 | - | €3 | €33 | ▲ 1,118% |
| Financial charges65/66B | €3k | €12k | €1k | €4k | ▲ 263% |
| Recurring financial charges65 | €3k | €12k | €1k | €4k | ▲ 263% |
| Profit (loss) for the period before taxes9903 | €-4k | €52k | €38k | €52k | ▲ 39.4% |
| Income taxes67/77 | - | €10k | €8k | €11k | ▲ 42.7% |
| Profit (loss) for the period9904 | €-4k | €42k | €30k | €42k | ▲ 38.6% |
| Profit (loss) for the period to be appropriated9905 | €-4k | €42k | €30k | €42k | ▲ 38.6% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €629k | €51k | €377k | €646k | ▲ 71.4% |
| Fixed assets21/28 | - | - | - | €1k | - |
| Tangible fixed assets22/27 | - | - | - | €1k | - |
| Plant, machinery and equipment23 | - | - | - | €1k | - |
| Current assets29/58 | €629k | €51k | €377k | €645k | ▲ 71.1% |
| Stocks and contracts in progress3 | €613k | €35k | €327k | €619k | ▲ 89.2% |
| Stocks30/36 | €613k | €35k | €327k | €619k | ▲ 89.2% |
| Amounts receivable within one year40/41 | - | €5k | €606 | €1k | ▲ 103% |
| Trade receivables40 | - | €308 | - | - | - |
| Other amounts receivable41 | - | €5k | €606 | €1k | ▲ 103% |
| Cash at bank and in hand54/58 | €15k | €11k | €48k | €24k | ▼ 50.4% |
| Deferred charges and accrued income490/1 | - | - | €644 | €159 | ▼ 75.3% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €629k | €51k | €377k | €646k | ▲ 71.4% |
| Equity10/15 | €-1k | €41k | €71k | €112k | ▲ 58.8% |
| Contributions10/11 | €3k | €3k | €3k | €3k | = |
| Profit (loss) carried forward14 | €-4k | €38k | €68k | €109k | ▲ 61.4% |
| Amounts payable17/49 | €630k | €10k | €306k | €533k | ▲ 74.3% |
| Amounts payable within one year42/48 | €630k | €10k | €306k | €533k | ▲ 74.3% |
| Current portion of amounts payable after more than one year42 | €430k | - | €183k | €358k | ▲ 96.1% |
| Trade debts44 | €2k | €398 | €902 | €58k | ▲ 6,289% |
| Suppliers440/4 | €2k | €398 | €902 | €58k | ▲ 6,289% |
| Taxes, remuneration and social security45 | €18k | €10k | €17k | €13k | ▼ 25.0% |
| Taxes450/3 | €18k | €10k | €17k | €13k | ▼ 25.0% |
| Other amounts payable47/48 | €181k | €75 | €105k | €105k | ▼ 0.6% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-4k | €42k | €30k | €42k | ▲ 38.6% |
| + Depreciation and write-downs630 | - | - | - | €175 | - |
| Operating cash flow (approximation) | €-4k | €42k | €30k | €42k | ▲ 39.1% |
| Change in cash | - | €-4k | €37k | €-24k | ▼ 165% |
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
2026
19-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Equity above €100kEq €112k ▲58.8%
3 profitable years in a row build equity to €112k.
30-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
27-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €42k
Net result €42k after one loss-making year.
31-12
Financial
Liquidity times 5current ratio 5.01
Current ratio from 1.00 to 5.01; short-term debt falls from €630k to €10k.
28-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 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
3 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, Theux · 1 establishment unit since 2021
Ground area
2,451 m²
Building footprint
174 m²
Parcel 63076B0559/00L002, Wallonia. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
BAROON
since 20212.320.744.893
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 63076B0559/00L002 | Wallonia | 2,451 m² | 1 · 174 m² | - |
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.
Similar companies · same sector, comparable size
URBANIS
BE 0726.659.860
Evere · Eq €112,669
de Graaf - van Til
BE 0768.267.219
Antwerpen · Eq €112,235
COLLIMMO
BE 0471.660.817
Brugge · Eq €112,728
LEJOMA
BE 0476.350.568
Wijnegem · Eq €112,053
2B2C Projects
BE 0699.818.574
Heist-op-den-Berg · Eq €111,899
Of 7,321 companies in sector 68110 we hold annual accounts for 5,384. 3,746 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
Founded12-08-2021
Fiscal year end31-12
Activities, NACEBEL 2025
68110Buying and selling of own real estate
68201Renting and operating of own or leased residential real estate, excluding social housing
68203Renting and operating of own or leased non-residential real estate, excluding land
70200Business and other management consultancy
82990Other business support services
Scores and ratios are computed by Checked and are not a credit decision.