Equity
-€605,578
Debts exceed assets in financial year 2025.
BARQ EUROPE
Lifetime
5 annual accounts with figures on one time axispeak €116,125 (2023)
-€995,305▼ €509,701
lowest -€2.6m (2025)
-€2.6m▼ €507,440
peak €4.6m (2021)
-€605,578▼ €2.6m
€13.3m▲ 33.6%
peak 12.3 FTE (2025)
12.3 FTE▲ 46.4%
Board13 names since 2020all names
3 directorsComm.V ThumbsUp and 2 others
Owners4 names in the annual accounts
100%PetSerCo Holding
Documentsfilings and deeds
04-09-202635 days late
2025financial year
Gross margin from -€485,604 to -€995,305Loss of €2.6mStaff from 8.4 FTE to 12.3 FTEEquity from €2.0m to -€605,578Debts from €10.0m to €13.3mCash from €3,918 to €42,253
Key points
from the 2025 annual accountsLosses
-€7.6m in five years
Every financial year from 2021 to 2025 closed with a loss. 2025 was the heaviest.
Debts
€13.3m 105% of the balance sheet
Financial debts 83%Suppliers 13%Taxes and wages 1%Other 3%
Of this, €7.4m falls due within a year.
Staff
12.3 FTE ▲ 46.4%
More staff in 2025 from 8.4 FTE to 12.3 FTE.
Board
2 joined · 1 left
Board changed. Latest change 26-06-2026 · 5 in office.
Position in the sector
-€2.6m
Lower net result than 95% of companies in computer programming and consultancy. Sector median €35,587 · 1,693 companies.
2025 accounts filed 35 days after the deadline
Checked score
50
Fair
Financially stronger than 7% of small companies in computer programming and consultancy (NACE 62)
Probability in this band: 1.5% to 4.2%
Bankruptcy probability within 12 months
2.3% Moderate
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.2% across 1,167 companies (NACE 62, small).
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 1.7%lowest value
01-2025: 1.7%● unchanged vs 12-2024lowest value
02-2025: 1.8%▲ +0.1 percentage points vs 01-2025
03-2025: 1.8%● unchanged vs 02-2025
04-2025: 1.9%▲ +0.1 percentage points vs 03-2025
05-2025: 1.8%▼ -0.1 percentage points vs 04-2025
06-2025: 2.0%▲ +0.2 percentage points vs 05-2025
07-2025: 2.1%▲ +0.1 percentage points vs 06-2025
08-2025: 2.6%▲ +0.5 percentage points vs 07-2025
09-2025: 2.6%● unchanged vs 08-2025
10-2025: 2.6%● unchanged vs 09-2025
11-2025: 2.6%● unchanged vs 10-2025
12-2025: 2.6%● unchanged vs 11-2025
01-2026: 2.6%● unchanged vs 12-2025
02-2026: 2.6%● unchanged vs 01-2026
03-2026: 2.6%● unchanged vs 02-2026
04-2026: 2.8%▲ +0.2 percentage points vs 03-2026
05-2026: 2.7%▼ -0.1 percentage points vs 04-2026
06-2026: 2.7%● unchanged vs 05-2026
07-2026: 2.9%▲ +0.2 percentage points vs 06-2026
08-2026: 2.4%▼ -0.5 percentage points vs 07-2026
09-2026: 3.0%▲ +0.6 percentage points vs 08-2026highest value
10-2026: 2.3%▼ -0.7 percentage points vs 09-2026
11-2026: 2.3%● unchanged vs 10-2026
Financial strengthWeak
Score breakdown
raises risk
Liquidity: current ratio 0.16, cash €42,253
Negative equity -€605,578
Loss of €2.6m, the second in a row (financial year 2025)
lowers risk
Sector: Computer programming, consultancy and related activities (NACE 62)
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 62, small). It does better than 7% of them on solvency, 14% on liquidity, 4% on profitability and 3% on growth.
The bankruptcy probability was computed on 10-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the moderate class on 30-06-2025, 2.4% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Credit verdict
No credit on open account
Liquidity is insufficient, with a current ratio of 0.16 (0.1 in 2024), below 1. Short-term debt is 58.1% and cash 0.3% of total assets. Equity is negative.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises riskneutral
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
2122232425
2021 to 2025 · latest year -€605,578
neutral · A punctual record breaks
This company filed 3 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 04-09-2026, 35 days late. Weigh it accordingly: of the companies that move to filing 1 to 90 days late, 1.41% are now bankrupt, dissolved or in another special legal status, below the 1.66% of all filers. It is a change in behaviour, not evidence of elevated risk.
NBB · 5 filingsDeviation from the deadline
2025
35 days late
2024
on the day
2023
50 days early
2022
25 days early
2021
1 day late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 5 accounts on average 8 days before the deadline. In the sector (NACE 62), the median for financial year 2024 was 9 days before the deadline, and 33% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 31 July (4 of the last 5 accounts filed within 35 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
11-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
- PetSerCo Holding 100%score 65equity €102.4m (2025) · annual accounts 2025
Shares in 2 companies, BARQ and SAS Le Bien être des Animaux
Board & ownershipRecent changes
2 directors appointed, 1 resignation
Resignation: Comm.V ThumbsUp · Appointments: BV Charca and BV Prolead · Permanent representatives: Sven De Waele, Antoine Courtois, Tim Bertels, Angélique Mitrugno and Koen Neijens · General meeting of 09-06-2026 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0753793433
1 director appointed, 1 statutory auditor appointed, 1 resignation, 1 resignation
Resignations: BV Norawild and EY Bedrijfsrevisoren (statutory auditor) · Permanent representatives: Thierry le Grelle, Jean Richard de Latour and Koen Neijens · Appointments: BV Easy Tiger (managing director) and Deloitte Bedrijfsrevisoren BV (statutory auditor) · General meeting of 23-10-2024 · Gazette deed
Registered office moved from Deinze to Groot-Bijgaarden
New registered office: Noordkustlaan 16A, 1702 Groot-Bijgaarden · Previous registered office: Karel Piquélaan 162, 9800 Deinze · Resignations: ThumbsUp CommV, Valerie Vanderlinden, Financière Jourda SC, Mitiska NV and Arlini NV · General meeting of 14-06-2024 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| BARQ EUROPE Dilbeek | €12.7m | -€1.0m | -4.8% | 12.3 |
| TRENSITION Ghent | €6.6m | -€0.06m | 81.0% | 10.2 |
| P³LAB Ottignies-Louvain-la-Neuve | €6.4m | -€0.2m | 15.3% | 10.2 |
| SettleMint Leuven | €9.7m | -€0.4m | 91.8% | 6 |
| VoxelSensors Brussels | €5.8m | -€0.02m | 35.7% | 10.4 |
| LegalFly Ghent | €14.1m | -€5.1m | 58.1% | 7.7 |
| ACCOUNTABLE Saint-Josse-ten-Noode | €9.0m | -€4.0m | 48.3% | 22.7 |
These companies have the same main activity as BARQ EUROPE: computer programming (NACE 62100). They are comparable in size and age: total assets between €5.8m and €14m, founded between 2016 and 2023.
Official details
Source: KBO- Status
- Active since 08-09-2020Normal situation
- Registered office
- 10 active companies are registered at this addressSource: KBO register, as of 10 November 2026.
- Activity
- Computer programmingNACE 62100and 3 others
- Joint committee
- 200Auxiliary committee for white-collar workers · annual accounts 2025
- Establishment units
- 2.309.761.8228790 Waregem, since 08-09-2020
- 2.309.761.9219800 Deinze, since 08-09-2020
- Financial year end
- 31 December
- Peppol
- Reachable since 01-06-2026
Annual accounts 2025
- €12.7m▲ 6.3%
- Employeeson 31-12-2025
- 15▲ 87.5%
- Filing
- Filed on 04-09-2026
Companies linked to BARQ EUROPE
Parent and group
Insights on BARQ EUROPE
Solvency fell in 2025 from 16.6% to -4.8% because of the loss and higher debts to suppliers.
PetSerCo Holding holds all the shares. In July 2024, four directors stepped down. In November 2024, the Official Gazette published the appointment of Easy Tiger as managing director.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about BARQ EUROPE
- What is the company number of BARQ EUROPE?
- The company number of BARQ EUROPE is 0753.793.433. The VAT number is the same number with BE in front: BE 0753.793.433.
- Where is BARQ EUROPE based?
- The registered office is at Noordkustlaan 16A, 1702 Dilbeek.Company details
- What does BARQ EUROPE do?
- According to the KBO register, the main activity is computer programming (NACE 62100).
- What is the legal form of BARQ EUROPE?
- BARQ EUROPE is a public limited company (NV).
- When was BARQ EUROPE founded?
- BARQ EUROPE was founded on 08-09-2020.
- Is BARQ EUROPE still active?
- Yes, BARQ EUROPE is an active enterprise in the KBO register.
- How many employees does BARQ EUROPE have?
- BARQ EUROPE had an average of 12.3 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does BARQ EUROPE fall under?
- In its 2025 annual accounts, BARQ EUROPE states joint committee 200 (Auxiliary committee for white-collar workers).
- What is the turnover of BARQ EUROPE?
- The annual accounts for financial year 2025 state no turnover.
- Is BARQ EUROPE profitable?
- In financial year 2025, BARQ EUROPE made a loss of €2.6m.
- Where can I find the annual accounts of BARQ EUROPE?
- BARQ EUROPE filed 5 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of BARQ EUROPE due?
- BARQ EUROPE must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence See whether the workforce is growing and whether people stay.Employer check Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check See the other companies in the same group.VERLINVEST GROUP · 67 companies
See how customers, suppliers and banks see your own company and what to improve first.