BARRA SOLUTIONS
ActiveSummary
The computed 12-month bankruptcy probability of BARRA SOLUTIONS is 1.8% (moderate). The 2024 annual accounts show equity of €128k and a net result of €16k. Equity is growing by ~28.9% per year across the filed fiscal years. Its solvency ranks better than 95% of 1633 sector peers (fiscal year 2024). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
82
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability84▼-1
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
1.8%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €10k at 30 days acceptable
Liquidity ample (current ratio 12.74; short-term debt: 7.8% and cash: 43.3% of total assets), and 7.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
+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 33
Relative position
BE, all sectors
reference
Sector 33
higher
← fewer bankruptcies
more bankruptcies →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 15-09-2025, 46 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 5 filingsDeviation from the deadline
2025
not confirmed
2024
46 d late
2023
117 d late
2022
66 d late
2021
74 d late
2020
83 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€128k▲ 14.7%
2023 · €111k
2020: €21k
2021: €52k
2022: €97k
2023: €111k
2020 → 2024
Total assets
€138k▲ 23.7%
2023 · €112k
2020: €53k
2021: €120k
2022: €140k
2023: €112k
2020 → 2024
Net result
€16k▲ 13.9%
2023 · €14k
2020: €20k
2021: €31k
2022: €45k
2023: €14k
2020 → 2024
Working capital
€126k▲ 20.6%
2023 · €105k
2020: €13k
2021: €43k
2022: €100k
2023: €105k
2020 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€21k-€52k▲ 146%€97k▲ 85.6%€111k▲ 14.8%€128k▲ 14.7%
Operating result€20k-€31k▲ 52.8%€55k▲ 76.3%€35k▼ 35.8%€21k▼ 41.8%
Net result€20k-€31k▲ 53.2%€45k▲ 44.2%€14k▼ 67.9%€16k▲ 13.9%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2024 is 42% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €138k
Fixed assets
€1k ▼ 81.8%
Current assets
€137k ▲ 30.2%
Equity and liabilities €138k
Equity
€128k ▲ 14.7%
Debt
€11k ▲ 1,832%
Debt's share of the balance-sheet total rises from 0.5% to 7.8%. Equity and debt are higher.
Key figures and ratios
EBITDA
€24k▼
2023 · €39k
Cash flow
€19k▲
2023 · €18k
Current ratio
12.74
Debt to equity
0.08▲
2023 · 0.01
ROE
12.8%▼
2023 · 12.9%
ROA
11.8%▼
2023 · 12.8%
Interest coverage
17.10▲
2023 · 6.97
Debt ≤ 1 year
€11k▲
2023 · €558
Income taxes
€7k▼
2023 · €15k
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 · 2024 against 2023 · 40 lines
Balance sheet
Code20232024
Assets
Total assets20/58€112k€138k▲
Fixed assets21/28€6k€1k▼
Tangible fixed assets22/27€6k€1k▼
Furniture and vehicles24€6k€1k▼
Current assets29/58€105k€137k▲
Amounts receivable within one year40/41€68k€77k▲
Trade receivables40€65k€62k▼
Other amounts receivable41€3k€15k▲
Cash at bank and in hand54/58€38k€60k▲
Deferred charges and accrued income490/1-€478
Equity and liabilities
Total equity and liabilities10/49€112k€138k▲
Equity10/15€111k€128k▲
Contributions10/11€1k€1k=
Reserves13€100€100=
Non-distributable reserves130/1€100€100=
Reserves not available under the articles1311€100€100=
Profit (loss) carried forward14€110k€127k▲
Amounts payable17/49€558€11k▲
Amounts payable within one year42/48€558€11k▲
Trade debts44-€2k
Suppliers440/4-€2k
Taxes, remuneration and social security45-€8k
Taxes450/3-€8k
Other amounts payable47/48€558€558=
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€3k▼
Other operating charges640/8€2k€3k▲
Non-recurring operating charges66A€12k€5k▼
Gross operating margin9900€52k€31k▼
Operating profit (loss)9901€35k€21k▼
Financial income75/76B€25€4k▲
Recurring financial income75€25€4k▲
Non-recurring financial income76B-€4k
Financial charges65/66B€6k€1k▼
Recurring financial charges65€6k€1k▼
Profit (loss) for the period before taxes9903€30k€24k▼
Income taxes67/77€15k€7k▼
Profit (loss) for the period9904€14k€16k▲
Profit (loss) for the period to be appropriated9905€14k€16k▲
Appropriation of the result
Profit (loss) to be appropriated9906€110k€127k▲
Profit (loss) brought forward from the previous period14P€96k€110k▲
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
15-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 46 days late
2024
25-11
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 117 days late
2023
31-12
Financial
Weakest financial yearnet €14k ▼67.9%
Net result drops to €14k, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity times 27current ratio 189.06
Current ratio from 6.93 to 189.06; short-term debt falls from €17k to €558.
31-12
Financial
Equity above €100kEq €111k ▲14.8%
4 profitable years in a row build equity to €111k.
05-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 66 days late
2022
31-12
Financial
Highest result since 2020net €45k ▲44.2%
Operating result €55k, net result €45k, both a record.
31-12
Financial
Liquidity quadruplescurrent ratio 6.93
Current ratio from 1.90 to 6.93; short-term debt falls from €48k to €17k.
13-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 74 days late
2021
22-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 83 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, Zaventem · 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.
Countrylaan 191932 ZaventemGround area
443 m²
Building footprint
90 m²
Volume, LiDAR
575 m³
Parcel 23078C0035/00E000, Flanders · tallest building 11.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
BARRA SOLUTIONS
since 20202.299.875.047
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23078C0035/00E000 | Flanders | 443 m² | 1 · 90 m² | 11.0 m · 2 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.
Similar companies · same sector, comparable size
ICTS Services Antwerp
BE 0809.904.963
Brugge · Eq €127,463
Rombauts Verwarming en Ventilatie
BE 0676.507.395
Berlaar · Eq €126,759
TIELENS-REYNDERS
BE 0715.722.715
Beringen · Eq €126,259
METAALWERKEN DE SMET GUIDO
BE 0458.394.482
Bornem · Eq €126,219
JLS
BE 0756.743.916
Boortmeerbeek · Eq €129,242
Of 887 companies in sector 33110 we hold annual accounts for 440. 342 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded11-02-2020
Fiscal year end31-12
Activities, NACEBEL 2025
33110Repair and maintenance of fabricated metal products
43211General electrical installation work
43212Electrical installation work in industrial facilities
43221Plumbing work
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.