BARREST
ActiveFinancials · financial year 2025, abbreviated format
2025 annual accounts filed 29 days after the deadline Filed on 29 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00451749.
Annual accounts 2025 filed on 29-08-2026 at the NBB
Turnover and EBIT margin are not published. The abbreviated format does not require them. The turnover shown is an estimate from the gross margin.
Staff
| Item | 31-12-2025 |
|---|---|
| Employees at the balance-sheet date | 49 |
| full-time | 3 |
| part-time | 46 |
| in full-time equivalents | 22.9 |
| Average over the year, in full-time equivalents | 22.9 |
| On a permanent contract | 31 |
| Joined | 50 |
| Left | 1 |
Source: social balance sheet in the 2025 annual accounts
Investments
| Item | 2025 |
|---|---|
| Tangible fixed assets | €1.2m |
| Intangible fixed assets | €30,000 |
| Depreciation and write-downs of the year | €153,018 |
Source: notes to the 2025 annual accounts (statement of fixed assets)
Comparable companies
These companies have the same main activity as BARREST: limited-service restaurants, excluding mobile food services (NACE 56112). They are comparable in size and age: total assets between €1.3m and €1.9m, founded between 2023 and 2024.
| Company | Founded | Total assets | Equity | Gross margin | Net result | FTE | Financial year |
|---|---|---|---|---|---|---|---|
| BARREST Ans | 2024 | €1.4m | €0.1m | €1.2m | €0.07m | 22.9 | 2025 |
| Machtich Kontich | 2024 | €1.5m | €0.3m | €1.2m | -€0.2m | 17.8 | 2025 |
| INGELAAP Waregem | 2024 | €1.4m | €0.02m | €1.6m | -€0.4m | 19.2 | 2025 |
| KUURAAP Waregem | 2024 | €1.5m | -€0.2m | €1.2m | -€0.5m | 16.9 | 2025 |
| PSB Regalis Namur | 2024 | €1.8m | €0.4m | €1.2m | €0.3m | 16.8 | 2025 |
| AGORAKING Brussel | 2023 | €1.3m | -€0.03m | €1.1m | -€0.01m | 28.8 | 2025 |
| Houdan Turnhout | 2023 | €1.9m | €0.3m | €1.3m | €0.1m | 19.5 | 2025 |
They were chosen from the 10,328 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity
Companies with the same profile, two years later
Historical observationIn July 2024, 513 companies had the same profile as BARREST has now. Two years later, 2.3% had gone bankrupt and 96.3% were still going.
- Small
- 2 to 5 years old
- solvency under 10%
- a profit of 5% of the balance sheet or more
That fits the bankruptcy probability of BARREST itself: 2.0% within 12 months.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 513 companies, not a prediction for BARREST. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
| Line | 2025 |
|---|---|
| Remuneration, social security and pensions62 | €0.9m |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €0.2m |
| Other operating charges640/8 | €98 |
| Gross operating margin9900 | €1.2m |
| Operating profit (loss)9901 | €0.1m |
| Financial income75/76B | €1 |
| Recurring financial income75 | €1 |
| Financial charges65/66B | €0.06m |
| Recurring financial charges65 | €0.06m |
| Profit (loss) for the period before taxes9903 | €0.07m |
| Profit (loss) for the period9904 | €0.07m |
| Profit (loss) for the period to be appropriated9905 | €0.07m |
| Line | 2025 | |
|---|---|---|
| Assets | ||
| Total assets20/58 | €1.4m | |
| Fixed assets21/28 | €1.1m | |
| Intangible fixed assets21 | €0.02m | |
| Tangible fixed assets22/27 | €1.1m | |
| Plant, machinery and equipment23 | €1.1m | |
| Current assets29/58 | €0.3m | |
| Stocks and contracts in progress3 | €0.02m | |
| Stocks30/36 | €0.02m | |
| Amounts receivable within one year40/41 | €0.01m | |
| Other amounts receivable41 | €0.01m | |
| Cash at bank and in hand54/58 | €0.3m | |
| Equity and liabilities | ||
| Total equity and liabilities10/49 | €1.4m | |
| Equity10/15 | €0.1m | |
| Contributions10/11 | €0.08m | |
| Profit (loss) carried forward14 | €0.02m | |
| Amounts payable17/49 | €1.3m | |
| Amounts payable after more than one year17 | €0.7m | |
| Financial debts170/4 | €0.7m | |
| Amounts payable within one year42/48 | €0.5m | |
| Current portion of amounts payable after more than one year42 | €0.1m | |
| Trade debts44 | €0.07m | |
| Suppliers440/4 | €0.07m | |
| Taxes, remuneration and social security45 | €0.09m | |
| Taxes450/3 | €0.004m | |
| Remuneration and social security454/9 | €0.09m | |
| Other amounts payable47/48 | €0.3m | |
| Line | 2025 |
|---|---|
| Profit (loss) for the period9904 | €73,871 |
| + Depreciation and write-downs630 | €153,018 |
| Operating cash flow (approximation) | €226,889 |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Filings with the National Bank (1)
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | abbreviated format | 29-08-2026 | 2026-00451749 | NBB |