BARRY SERVICES
ActiveFinancials · financial year 2025, micro format
Annual accounts 2025 filed on 11-06-2026 PDF all 27 filings
Turnover
≈ €75,000
Estimated: probably between €34,000 and €180,000
EBIT margin
Not included in this filing
Net result
-€17,770▼ 218%
2024 · -€5,588
Working capital
€461,456▼ 1.7%
2024 · €469,233
Multi-year overview
2018 to 2025, 8 financial yearsOperating result
-€29,654
▼ 123%
2025
20182025
Net result
-€17,770
▼ 218%
2025
20182025
Equity
€763,692
▼ 2.3%
2025
20182025
Total assets
€987,796
▼ 4.5%
2025
20182025
Debt
€121,553
▼ 16.7%
2025
20182025
Working capital
€461,456
▼ 1.7%
2025
20182025
Staff (FTE)
no figure
2025
20182025
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022202320242025
Operating result-€0.04m--€0.03m▲ 34.2%-€0.003m▲ 88.5%-€0.03m▼ 771%€0.001m€0.02m▲ 18×-€0.01m-€0.03m▼ 123%
Net result-€0.04m--€0.03m▲ 33.7%-€0.004m▲ 85.0%-€0.03m▼ 569%€0.001m€0.02m▲ 21×-€0.006m-€0.02m▼ 218%
Equity€0.9m-€0.9m▼ 3.1%€0.9m▼ 0.5%€0.9m▼ 2.8%€0.8m▼ 11.5%€0.8m▲ 3.1%€0.8m▼ 0.7%€0.8m▼ 2.3%
Total assets€1.2m-€1.1m▼ 10.2%€1.1m▼ 1.6%€1.2m▲ 13.2%€1.1m▼ 12.7%€1.1m▼ 1.4%€1.0m▼ 3.3%€1.0m▼ 4.5%
Debt€0.2m-€0.06m▼ 63.1%€0.04m▼ 23.2%€0.3m▲ 485%€0.2m▼ 20.8%€0.2m▼ 16.3%€0.1m▼ 14.5%€0.1m▼ 16.7%
Working capital€1.1m-€1.0m▼ 2.7%€1.0m▼ 0.4%€0.6m▼ 41.8%€0.5m▼ 15.8%€0.5m▼ 9.4%€0.5m▲ 1.5%€0.5m▼ 1.7%
Staff (FTE)0.2-
The operating result for 2025 is a loss of €29,654, larger than the loss of €13,301 in 2024. It is the lowest result since 2018.
The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €987,796
Fixed assets
€506,348 ▼ 6.4%
Current assets
€481,448 ▼ 2.5%
Equity and liabilities €987,796
Equity
€763,692 ▼ 2.3%
Provisions
€102,551 ▼ 4.6%
Debt
€121,553 ▼ 16.7%
Debt's share of the balance-sheet total falls from 14.1% to 12.3%. Equity and debt are lower.
Key figures and ratios
EBITDA
€5,119▼
2024 · €21,472
Cash flow
€17,003▼
2024 · €29,185
Current ratio
24.08▲
2024 · 20.15
Debt to equity
0.16▼
2024 · 0.19
ROE
-2.3%▼
2024 · -0.7%
ROA
-1.8%▼
2024 · -0.5%
Interest coverage
2.37▼
2024 · 5.92
Debt ≤ 1 year
€19,992▼
2024 · €24,507
Debt > 1 year
€101,550▼
2024 · €121,429
Income taxes
€75▼
2024 · €982
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Securities and guarantees
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Debts secured on the company's own assets | €209,023 | €179,555 | - | - | - |
| Pledge on other assets, amount secured | €209,023 | €179,555 | €160,429 | €141,054 | €121,429 |
| Carrying value of the other pledged assets | €554,146 | €528,598 | €508,910 | €489,223 | €469,535 |
Source: notes to the 2021 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)
Investments
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | €564,146 | - | €109,626 | - | - |
| Financial fixed assets | - | €106,320 | - | - | - |
| Depreciation and write-downs of the year | €20,320 | €21,153 | €32,131 | €34,773 | €34,773 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €7,764 | - | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €11,730 | €11,730 | €11,730 | €20,320 | €21,153 | €32,131 | €34,773 | €34,773 | = |
| Other operating charges640/8 | - | - | - | €3,709 | €4,544 | €4,179 | €5,765 | €4,655 | ▼ 19.2% |
| Gross operating margin9900 | -€16,226 | -€12,181 | €11,922 | -€3,365 | €26,541 | €51,709 | €27,237 | €9,775 | ▼ 64.1% |
| Operating profit (loss)9901 | -€41,493 | -€27,290 | -€3,144 | -€27,395 | €845 | €15,399 | -€13,301 | -€29,654 | ▼ 123% |
| Financial income75/76B | - | - | - | €0 | €0 | €9,984 | €7,421 | €9,216 | ▲ 24.2% |
| Recurring financial income75 | €529 | €366 | €167 | €0 | €0 | €9,984 | €7,421 | €9,216 | ▲ 24.2% |
| Financial charges65/66B | - | - | - | €907 | €2,620 | €2,876 | €3,627 | €2,157 | ▼ 40.5% |
| Recurring financial charges65 | €1,065 | €779 | €593 | €907 | €2,620 | €2,305 | €3,627 | €2,157 | ▼ 40.5% |
| Non-recurring financial charges66B | - | - | - | - | - | €571 | - | - | - |
| Profit (loss) for the period before taxes9903 | -€42,030 | -€27,703 | -€3,570 | -€28,301 | -€1,775 | €22,507 | -€9,507 | -€22,595 | ▼ 138% |
| Transfer from deferred taxes780 | - | - | - | €349 | €4,900 | €4,900 | €4,900 | €4,900 | = |
| Income taxes67/77 | €840 | €739 | €711 | €663 | €2,001 | €3,985 | €982 | €75 | ▼ 92.4% |
| Profit (loss) for the period9904 | -€42,869 | -€28,442 | -€4,281 | -€28,615 | €1,124 | €23,421 | -€5,588 | -€17,770 | ▼ 218% |
| Transfer from tax-exempt reserves789 | - | - | - | €1,047 | €14,700 | €14,700 | €14,700 | €14,700 | = |
| Profit (loss) for the period to be appropriated9905 | -€42,869 | -€28,442 | -€4,281 | -€27,568 | €15,824 | €38,121 | €9,112 | -€3,070 | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €1.2m | €1.1m | €1.1m | €1.2m | €1.1m | €1.1m | €1.0m | €1.0m | ▼ 4.5% |
| Fixed assets21/28 | €0.05m | €0.03m | €0.02m | €0.6m | €0.5m | €0.6m | €0.5m | €0.5m | ▼ 6.4% |
| Tangible fixed assets22/27 | €0.04m | €0.03m | €0.02m | €0.6m | €0.5m | €0.6m | €0.5m | €0.5m | ▼ 6.4% |
| Land and buildings22 | - | - | - | €0.5m | €0.5m | €0.5m | €0.5m | €0.5m | ▼ 4.0% |
| Plant, machinery and equipment23 | - | - | - | - | - | €0.007m | €0.006m | €0.005m | ▼ 12.4% |
| Furniture and vehicles24 | - | - | - | €0.006m | - | €0.06m | €0.05m | €0.03m | ▼ 31.4% |
| Financial fixed assets28 | €0.006m | €0.006m | €0.006m | €0.006m | €0.003m | €0.003m | €372 | €372 | = |
| Current assets29/58 | €1.2m | €1.1m | €1.1m | €0.7m | €0.6m | €0.5m | €0.5m | €0.5m | ▼ 2.5% |
| Amounts receivable within one year40/41 | €0.8m | €0.8m | €0.7m | €0.6m | €0.5m | €0.4m | €0.3m | €0.2m | ▼ 35.4% |
| Trade receivables40 | - | - | - | €0.03m | €0.004m | €0.003m | €230 | - | - |
| Other amounts receivable41 | - | - | - | €0.6m | €0.5m | €0.4m | €0.3m | €0.2m | ▼ 35.3% |
| Current investments50/53 | - | - | - | - | - | - | €0.1m | €0.1m | ▲ 3.2% |
| Cash at bank and in hand54/58 | €0.4m | €0.3m | €0.4m | €0.07m | €0.01m | €0.1m | €0.08m | €0.2m | ▲ 114% |
| Deferred charges and accrued income490/1 | - | - | - | €56 | - | €174 | €147 | €339 | ▲ 131% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €1.2m | €1.1m | €1.1m | €1.2m | €1.1m | €1.1m | €1.0m | €1.0m | ▼ 4.5% |
| Equity10/15 | €0.9m | €0.9m | €0.9m | €0.9m | €0.8m | €0.8m | €0.8m | €0.8m | ▼ 2.3% |
| Contributions10/11 | €0.02m | €0.02m | - | €0.02m | €0.04m | €0.04m | €0.04m | €0.04m | = |
| Reserves13 | €0.8m | €0.8m | €0.8m | €0.8m | €0.7m | €0.7m | €0.7m | €0.7m | ▼ 2.0% |
| Non-distributable reserves130/1 | - | - | - | €0.03m | - | - | - | - | - |
| Reserves not available under the articles1311 | - | - | - | €0.03m | - | - | - | - | - |
| Tax-exempt reserves132 | - | - | - | €0.4m | €0.4m | €0.4m | €0.4m | €0.4m | ▼ 3.9% |
| Distributable reserves133 | - | - | - | €0.3m | €0.3m | €0.4m | €0.4m | €0.4m | = |
| Profit (loss) carried forward14 | €0.1m | €0.09m | €0.08m | €0.06m | €0.001m | €121 | €112 | -€0.003m | - |
| Provisions and deferred taxes16 | €0.2m | €0.2m | €0.2m | €0.1m | €0.1m | €0.1m | €0.1m | €0.1m | ▼ 4.6% |
| Deferred taxes168 | - | - | - | €0.1m | €0.1m | €0.1m | €0.1m | €0.1m | ▼ 4.6% |
| Amounts payable17/49 | €0.2m | €0.06m | €0.04m | €0.3m | €0.2m | €0.2m | €0.1m | €0.1m | ▼ 16.7% |
| Amounts payable after more than one year17 | €0.03m | €0.02m | €0.01m | €0.2m | €0.2m | €0.1m | €0.1m | €0.1m | ▼ 16.4% |
| Financial debts170/4 | - | - | - | €0.2m | €0.2m | €0.1m | €0.1m | €0.1m | ▼ 16.4% |
| Amounts payable within one year42/48 | €0.1m | €0.03m | €0.03m | €0.08m | €0.04m | €0.03m | €0.02m | €0.02m | ▼ 18.4% |
| Current portion of amounts payable after more than one year42 | - | - | - | €0.03m | €0.02m | €0.02m | €0.02m | €0.02m | ▲ 1.3% |
| Trade debts44 | €0.01m | €0.008m | €0.007m | €0.007m | €0.001m | €0.004m | €52 | €112 | ▲ 115% |
| Suppliers440/4 | - | - | - | €0.007m | €0.001m | €0.004m | €52 | €112 | ▲ 115% |
| Taxes, remuneration and social security45 | - | - | - | €0.003m | €0.004m | €0.006m | €0.005m | - | - |
| Taxes450/3 | - | - | - | €0.003m | €0.003m | €0.006m | €0.005m | - | - |
| Remuneration and social security454/9 | - | - | - | - | €0.002m | - | - | - | - |
| Other amounts payable47/48 | - | - | - | €0.04m | €0.02m | - | - | - | - |
| Accrued charges and deferred income492/3 | - | - | - | €12 | - | - | €12 | €12 | = |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€42,869 | -€28,442 | -€4,281 | -€28,615 | €1,124 | €23,421 | -€5,588 | -€17,770 | ▼ 218% |
| + Depreciation and write-downs630 | €11,730 | €11,730 | €11,730 | €20,320 | €21,153 | €32,131 | €34,773 | €34,773 | = |
| Operating cash flow (approximation) | -€31,139 | -€16,712 | €7,450 | -€8,295 | €22,277 | €55,552 | €29,185 | €17,003 | ▼ 41.7% |
| Investment in fixed assets (approximation) | - | €0 | €0 | -€556,875 | €7,365 | -€79,055 | €2,230 | €0 | ▼ 100% |
| Change in cash | - | -€112,897 | €54,545 | -€287,359 | -€59,352 | €89,566 | -€17,476 | €94,375 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 8,617 companies had the same profile as BARRY SERVICES has now. Two years later, 94.1% were still going and 0.4% had gone bankrupt.
- Small
- 20 years or older
- solvency 30% or more
- a small loss
94.1%
was still going
5.2%
stopped otherwise
0.4%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of BARRY SERVICES itself: < 0.1% 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 8,617 companies, not a prediction for BARRY SERVICES. 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.
Latest 10 of 27 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 11-06-2026 | 2026-00157981 | |
| 31-12-2024 | micro format | 10-06-2025 | 2025-00132128 | |
| 31-12-2023 | micro format | 10-06-2024 | 2024-00122033 | |
| 31-12-2022 | full format | 27-06-2023 | 2023-00169566 | |
| 31-12-2021 | full format | 19-08-2022 | 2022-20304441 | |
| 31-12-2020 | full format | 22-06-2021 | 2021-22900531 | |
| 31-12-2019 | full format | 28-08-2020 | 2020-47300555 | |
| 31-12-2018 | full format | 09-08-2019 | 2019-45600547 | |
| 31-12-2017 | micro format | 02-08-2018 | 2018-43300301 | |
| 31-12-2016 | micro format | 22-08-2017 | 2017-46600065 |