Foreign entity · founded 1994 · active for 32 yearsC/Marcelino Alvarez 6, 28017 Madrid, SpainKBO/BCE: BE 0452.679.303
Summary
BARRUSCA has the legal form “Foreign entity” in the KBO; Checked does not compute a bankruptcy probability for it. The 2014 annual accounts show equity of €1.8m and a net result of €76,450. Equity remains stable across the filed financial years (±1.8% per year). The company has been active since 1994 and the Belgian Official Gazette contains no insolvency or warning signals.
2014 figures too old to scoreBankruptcy probability: legal form outside the model
Structure
Accounts 3732 days overdue0 of 7 deeds read
SignalsneutralNo filing for yearsA punctual record breaksShow the evidence
Checked score
No current score
Checked score
A figure from 0 to 100: the higher it is, the smaller the chance that the company goes bankrupt within twelve months. The band, from Critical to Excellent, follows from that chance; within the band, how the company does against its sector peers counts too. With a low score, agree a shorter payment term, an advance or security.
Figures too old
The available figures for FY 2014 are too old to assess current financial health.
Filing: Five or more filing cycles are missing. This points to a standstill, not an imminent failure.
Financial strength, FY 2014 · tick = 2013
Financial strength
How strong the balance sheet and results are: solvency, liquidity and profitability from the latest annual accounts, each out of 100. It does not directly set the Checked score's band; how the company does on these and on growth against its sector peers does count for its place within the band.
Strong
Solvency100=
equity 99.8% of total assets
Liquidity78+20
short-term debt 0.2% · cash 22.4%
Profitability48=
return on assets 4.3%
Bankruptcy probability, 12 months
Bankruptcy probability
The chance that the company goes bankrupt within twelve months, estimated from the registers, the annual accounts and the Belgian Official Gazette. 0.2% means about 2 in 1,000 comparable companies. The higher it is, the shorter the payment term to agree.
The KBO gives the legal form as “Foreign entity”. We show no bankruptcy probability for it: the model is built on companies and gives no reliable figure for this form.
30-12-2015 year end30-07-2016 deadline18-10-2026 today
neutral · A punctual record breaks
This company filed 4 consecutive financial years on time. The year that closed on 30-12-2014 was due by 30-07-2015 and was filed on 31-08-2015, 32 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.