Barré

Active

Public limited companyfounded 199233 yrs activeAvenue Zénobe Gramme 38, 1300 Wavre, BelgiumKBO/BCE: BE 0448.409.224

Barré has been active since 1992 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €1.82M and a net result of €604k. Equity is shrinking by ~6% per year across the filed fiscal years. Its solvency ranks better than 46% of 3549 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.6% (low).

Watch Print / PDF

Checked score

Score 2024

72 / 100

Healthy

The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2024

Profitability84▼-3

Solvency63▲+9

Growth58=

Track record100

Bankruptcy probability, 12 months

0.6% Low

0%0.5%1.5%4%10%≥ 25%

Credit up to €130k at 30 days acceptable

Liquidity ample (current ratio 2.0; short-term debt: 42.3% and cash: 20.8% of total assets), but 62.5% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Seven signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

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 →

Long track record

A company with a long track record statistically fails less often than a young one.

KBO · incorporation date

Age against the risk zone

Lower-risk legal form

Companies with this legal form statistically fail less often than a BV.

KBO · legal form

Annual accounts: healthy financial profile

The latest annual accounts show a healthy profile in solvency, result and liquidity.

NBB · annual accounts 2024

Solvency, return and age of the figures

Solvency

37.5%

Return on assets

12.5%

Age of the figures

21 mo

Higher-failure-rate region

In this region companies fail more often than in the rest of the country.

KBO · registered office

Filed after the deadline

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-09-2025, 61 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 · 10 filings

Deviation from the deadline

2024

61 d late

2024

45 d early

2023

65 d late

2022

26 d early

2021

34 d early

2020

39 d early

2018

48 d early

← before the deadline after the deadline →

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2024, full schema

Turnover

Not included in this filing

EBIT margin

Not included in this filing

Net result

€604k▼ 0.8%

2024 · €609k

2018: €238k 2020: €316k 2021: €358k 2022: €529k 2023: €885k 2024: €609k

2018 → 2024

Working capital

€2.06M▲ 33.1%

2024 · €1.54M

2018: €2.06M 2020: €2.55M 2021: €2.54M 2022: €2.76M 2023: €2.54M 2024: €1.54M

2018 → 2024

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20212022202320242024Trend

Equity€2.54M-€2.73M▲ 7.3%€2.11M▼ 22.7%€1.22M▼ 42.4%€1.82M▲ 49.5%

Operating result€528k-€721k▲ 36.4%€1.10M▲ 52.4%€877k▼ 20.1%€843k▼ 3.9%

Net result€358k-€529k▲ 47.8%€885k▲ 67.4%€609k▼ 31.2%€604k▼ 0.8%

Result per fiscal year

Operating resultNet result

Multiple fiscal year ends fall in the same calendar year; an annual trend is not displayed.

Balance-sheet composition

2024 in colour, 2024 as the grey bar beneath

Assets €4.84M

15.2%

84.8%

Fixed assets €737k▲ 2.2%

Current assets €4.10M▲ 18.3%

Equity and liabilities €4.84M

37.5%

55.0%

Equity €1.82M▲ 49.5%

Provisions €363k▼ 10.2%

Debt €2.66M▲ 3.5%

The debt ratio falls from 61.3% to 55.0%. Equity and debt are higher.

Key figures and ratios

2024 value · change against 2024

EBITDA

€1.04M▼

2024 · €1.10M

Cash flow

€798k▼

2024 · €834k

Solvency

37.5%▲

2024 · 29.0%

Current ratio

2.00▲

2024 · 1.80

Quick ratio

1.89▲

2024 · 1.71

Debt / equity

1.46▼

2024 · 2.11

ROE

33.3%▼

2024 · 50.1%

ROA

12.5%▼

2024 · 14.5%

Interest coverage

36.95▲

2024 · 28.07

Debt

€2.66M▲

2024 · €2.57M

Debt ≤ 1 year

€2.05M▲

2024 · €1.93M

Debt > 1 year

€161k▲

2024 · €141k

Income taxes

€215k▼

2024 · €233k

Staff costs

€1.36M▼

2024 · €1.94M

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 · 2024 against 2024

Balance sheet Code20242024

Assets

Total assets20/58€4.19M€4.84M▲

Fixed assets21/28€721k€737k▲

Tangible fixed assets22/27€721k€737k▲

Land and buildings22€352k€309k▼

Plant, machinery and equipment23€146k€250k▲

Furniture and vehicles24€65k€58k▼

Leasing and similar rights25€62k€44k▼

Other tangible fixed assets26€95k€76k▼

Financial fixed assets28€510€510=

Current assets29/58€3.47M€4.10M▲

Amounts receivable after more than one year29€275k€275k=

Other amounts receivable291€275k€275k=

Stocks and contracts in progress3€184k€223k▲

Stocks30/36€184k€223k▲

Amounts receivable within one year40/41€1.85M€2.57M▲

Trade receivables40€1.62M€1.98M▲

Other amounts receivable41€228k€592k▲

Cash at bank and in hand54/58€1.15M€1.01M▼

Deferred charges and accrued income490/1€11k€28k▲

Equity and liabilities

Total equity and liabilities10/49€4.19M€4.84M▲

Equity10/15€1.22M€1.82M▲

Contributions10/11€63k€63k=

Capital10€63k€63k=

Issued capital100€63k€63k=

Reserves13€1.44M€1.44M=

Non-distributable reserves130/1€1.31M€1.31M=

Legal reserve130€6k€6k=

Reserves not available under the articles1311€1.30M€1.30M=

Tax-exempt reserves132€138k€138k=

Profit (loss) carried forward14€-317k€287k▲

Investment grants15€26k€23k▼

Provisions and deferred taxes16€405k€363k▼

Provisions for liabilities and charges160/5€405k€363k▼

Other liabilities and charges164/5€405k€363k▼

Amounts payable17/49€2.57M€2.66M▲

Amounts payable after more than one year17€141k€161k▲

Financial debts170/4€141k€161k▲

Other amounts payable178/9€0-

Amounts payable within one year42/48€1.93M€2.05M▲

Current portion of amounts payable after more than one year42€158k€153k▼

Financial debts43€140k€149k▲

Credit institutions430/8€140k€149k▲

Trade debts44€1.14M€1.47M▲

Suppliers440/4€1.14M€1.47M▲

Taxes, remuneration and social security45€459k€281k▼

Taxes450/3€206k€151k▼

Remuneration and social security454/9€253k€130k▼

Other amounts payable47/48€25k€0▼

Accrued charges and deferred income492/3€504k€452k▼

Income statement Code20242024

Non-recurring operating income76A-€6k

Remuneration, social security and pensions62€1.94M€1.36M▼

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€225k€193k▼

Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€342

Provisions for liabilities and charges: additions (uses and reversals)635/8€78k€-41k▼

Other operating charges640/8€24k€20k▼

Operating charges capitalised as restructuring costs649-€-1k

Gross operating margin9900€3.14M€2.38M▼

Operating profit (loss)9901€877k€843k▼

Financial income75/76B€4k€4k▲

Recurring financial income75€4k€4k▲

Financial charges65/66B€39k€28k▼

Recurring financial charges65€39k€28k▼

Profit (loss) for the period before taxes9903€842k€820k▼

Income taxes67/77€233k€215k▼

Profit (loss) for the period9904€609k€604k▼

Profit (loss) for the period to be appropriated9905€609k€604k▼

Appropriation of the result

Profit (loss) to be appropriated9906€1.18M€287k▼

Profit (loss) brought forward from the previous period14P€574k€-317k▼

Profit to be distributed694/7€1.50M€0▼

Return on contributions (dividend)694€1.50M€0▼

Social balance

Average headcount (FTE)90870.020.9▲

The notes to these accounts (15 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Download as CSV

Timeline · acts, filings and financial milestones

All 11Financial 1Filings 10

2025

30-09

NBB filing Annual accounts filed

fiscal year 2024 · full schema · 61 days late

2024

16-09

NBB filing Annual accounts filed

fiscal year 2024 · full schema

04-01

NBB filing Annual accounts filed

fiscal year 2023 · full schema · 65 days late

2023

31-03

Financial Highest result since 2018net €885k ▲67.4%

Operating result €1.10M, net result €885k, both a record.

2022

05-10

NBB filing Annual accounts filed

fiscal year 2022 · full schema

2021

27-09

NBB filing Annual accounts filed

fiscal year 2021 · full schema

2020

22-09

NBB filing Annual accounts filed

fiscal year 2020 · full schema

2019

13-06

NBB filing Annual accounts filed

fiscal year 2018 · full schema

2018

21-06

NBB filing Annual accounts filed

fiscal year 2017 · full schema

2017

01-06

NBB filing Annual accounts filed

fiscal year 2016 · full schema

2016

02-06

NBB filing Annual accounts filed

fiscal year 2015 · full schema

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

12 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, Wavre · 1 establishment unit since 1992

establishment The establishment unit on the map

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.

Avenue Zénobe Gramme 381300 Wavre

Ground area

3,000 m²

Building footprint

1,402 m²

Parcel 25006A0145/00F002, Wallonia. Linked by address, not a title deed.

1 establishment unit