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Complete company report
Generated 12-07-2026
Active BE 0455.874.858Private limited company

BART

Elisabethlaan 151 ·9400 Ninove, Belgium· 30 yrs active
Sector: Renting & leasing (77399)
Conclusion Checked

The computed 12-month bankruptcy probability of BART is 1.0% (low). The 2025 annual accounts show negative equity (€-68k) and a net result of €-108k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 8% of 134 sector peers (fiscal year 2025). The company has been active since 1995 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 7 annual accounts.
Key figures
Equity €-68k
Net result €-108k
Better than sector 8%
Active 30 yrs
Snowflake analysis 5 axes · computed by Checked
Health7Profitability100Solvency33Growth32Stability100
54 / 100

Mixed profile: strong on profitability, weaker on health.

Health 7
Profitability 100
Solvency 33
Growth 32
Stability 100
Bankruptcy probability (12 mo) Checked model v1 · free
1.0% Low
0%0,5%1,5%4%10%≥25%
Annual accounts: weaker financial profile +Long track record −Higher-failure-rate sector +

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Risk Assessment rule-based
0 / 100
Low risk
Trust signals 3 signals
Long-established
Founded in 1995, 30 years in business.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad.
Administratively compliant
No FOD Economie strikeouts (UBO, accounts, address, activity).
Administrative Flags 0 events
No administrative flags
Health barometer FY 2025 · computed
7 / 100 Critical
050100

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Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative, not credit advice.
Financial overview10 NBB filings
Annual accounts filed on 29-01-2026 with the NBB · fiscal year 2025 · micro
€-300k€-200k€-100k€0€100kOperating result 2021: €-119k€-119kNet result 2021: €66k€66kOperating result 2022: €-204k€-204kNet result 2022: €-70k€-70kOperating result 2023: €-174k€-174kNet result 2023: €-31k€-31kOperating result 2024: €-42k€-42kNet result 2024: €-6k€-6kOperating result 2025: €-106k€-106kNet result 2025: €-108k€-108k20212022202320242025
Operating resultNet result
Sector comparison
Fiscal year 2025 · NACE 77, Renting & leasing · compared within the same schema type (micro schema)
Metric This company Sector median Position in the sector
Solvency -68.8% 25.6%
better than 8% of 134 sector peers
Net result €-108k €4k
better than 5% of 134 sector peers
Equity €-68k €30k
better than 5% of 134 sector peers
Gross operating margin €-79k €32k
better than 5% of 133 sector peers
Total assets €99k €133k
better than 41% of 134 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
EBITDA
€-89k
-304.7% far below sector median
Net profit
€-108k
-1581.4% far below sector median
Cash flow
€-90k
- far below sector median
Total assets
€99k
-9.1% -98% vs sector
Equity
€-68k
- far below sector median
Working capital
€-91k
-17444.3% far below sector median
Staff costs
€216
-88.3% -100% vs sector
Income taxes
€128
- -100% vs sector
Debt
€167k
+140.6% -84% vs sector
Debt ≤ 1y
€167k
+140.6% -83% vs sector
Debt > 1y
€153k
+44.1% -51% vs sector
Current ratio
0.46
-54.1% -79% vs sector
Quick ratio
0.46
-54.1% -76% vs sector
Solvency
-68.8%
- far below sector median
Debt / equity
-2.45
- far below sector median
ROE
157.9%
- far above sector median
ROA
-108.7%
-1750.7% far below sector median
Interest coverage
-71.55
-1440.3% far below sector median
Figures by fiscal year
Fiscal year2025
Revenue-
EBITDA€-89k
Net profit€-108k
Cash flow€-90k
Staff costs€216
Income taxes-
Dividends-
Total assets€99k
Equity€-68k
Debt€167k
of which ≤ 1y€167k
of which > 1y-
Working capital€-91k
Employees (FTE)-
Ratios (computed)
2025
Current ratio0.46
Quick ratio0.46
Working capital ratio-91.9%
Solvency-68.8%
Debt / equity-2.45
Long-term debt ratio-
Interest coverage-71.55
Gross margin-
Net margin-
ROA-108.7%
ROE157.9%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2025
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2025
Balance sheet, Assets
TOTAL ASSETS 20/58€99k
Fixed assets 21/28€23k
Tangible fixed assets 22/27€22k
Financial fixed assets 28€560
Current assets 29/58€76k
Amounts receivable within one year 40/41€73k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€99k
Equity 10/15€-68k
Contributions / capital 10/11€37k
Reserves 13€44k
Accumulated profits (losses) 14€-149k
Amounts payable 17/49€167k
Amounts payable within one year 42/48€167k
Trade debts payable within one year 44€90k
Income statement
Gross operating margin 9900€-79k
Operating result 9901€-106k
Financial charges 65€1k
Result before taxes 9903€-108k
Net result for the period 9904€-108k
Result to be appropriated 9905€-108k
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Ratios computed by Checked.
Legal Structure
NACE primary Renting & leasing(77399)
Legal form Private limited company(610)
Incorporation28-08-1995
StatusActive
Postal code9400
Establishment units 1 location
Elisabethlaan 151, 9400 Ninove
Groothandel in nieuwe en gebruikte auto's voor personenvervoer, inclusief die voor bijzondere doeleinden (b.v. ambulances)
since 20022.073.087.463
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
41362B1587/00M003 Flanders 3,897 m² 1 · 46 m² 3.2 m · 1 fl.
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Updates 11 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2026
29-01-2026
NBB filing Annual accounts filed
fiscal year 2025 · micro
2025
31-01-2025
NBB filing Annual accounts filed
fiscal year 2024 · micro
2024
31-01-2024
NBB filing Annual accounts filed
fiscal year 2023 · micro
2023
21-11-2023
State Gazette act Director changes
Benjamin VAN HAUWERMEIREN
24-02-2023
NBB filing Annual accounts filed
fiscal year 2022 · micro
2022
27-01-2022
NBB filing Annual accounts filed
fiscal year 2021 · micro
2021
27-01-2021
NBB filing Annual accounts filed
fiscal year 2020 · micro
2020
23-01-2020
NBB filing Annual accounts filed
fiscal year 2019 · micro
2019
28-01-2019
NBB filing Annual accounts filed
fiscal year 2018 · micro
2018
03-01-2018
NBB filing Annual accounts filed
fiscal year 2017 · micro
2017
06-01-2017
NBB filing Annual accounts filed
fiscal year 2016 · verkort
Belgisch Staatsblad, acts 1 acts
All acts · 1 updated 2 years ago
2023
21-11-2023 1 director appointed, 1 resigning Director changes·Benjamin VAN HAUWERMEIREN
  • VAN MULDERS Johan, Bestuurder
  • VAN MULDERS Johan, Bestuurder
Notary: Benjamin VAN HAUWERMEIREN · Oordegem
Technical details 
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        "name": "VAN MULDERS Johan",
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        "birth_date": "1961-02-27",
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    {
      "kind": "substantive_delegation",
      "role": "gedelegeerd_bestuurder",
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      "subkind": null,
      "via_org": {
        "kbo": null,
        "name": "De Schrijver Boekhoudkantoor",
        "address": "9300 Aalst, Leo de B\u00E9thunelaan 119",
        "country": "BE",
        "legal_form": null
      },
      "statutory": null,
      "compensated": null,
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    }
  ],
  "notary": {
    "name": "Benjamin VAN HAUWERMEIREN",
    "firm_city": null,
    "firm_name": null,
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    "is_associated": false
  },
  "act_meta": {
    "language": "nl",
    "pub_date": "2023-11-21",
    "filing_date": "2023-11-17",
    "act_kind_objet": "Onderwerp akte:"
  },
  "decisions": [
    {
      "body": "buitengewone_algemene_vergadering",
      "date": "2023-11-13",
      "unanimous": true
    }
  ],
  "is_correction": false,
  "subject_company": {
    "kbo": "0455.874.858",
    "name_full": "BART",
    "legal_form": "BV"
  },
  "publication_proxy": {
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    "org_kbo": null,
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  },
  "co_filed_documents": [],
  "corrected_publication_numac": null
}
Credit advice verdict per customer and amount

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Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.
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Company registry (CBE) Crossroads Bank
Activities
Grondverzet45112Verhuur en lease van andere machines en werktuigen en andere materiële goederen77399Verhuur en lease van andere machines en werktuigen en andere materiële goederen77399Slopen43110Slopen43110Bouwrijp maken van terreinen43120Bouwrijp maken van terreinen43120Slopen van gebouwen45111Goederenvervoer over de weg, m.u.v. verhuisbedrijven49410Goederenvervoer over de weg49410Goederenvervoer over de weg60242
Primary activity highlighted.
Names & trade names
Legal nameNL BART
Registered office
Elisabethlaan 151
9400 Ninove, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
Similar companies Same NACE
A-RENTING BE 0643.592.030 · Oudenaarde
ABSORB BE 0446.629.669 · Gent
ACR Renting BE 0684.736.361 · Evergem
ADOBEST BE 0642.921.542 · Aalter
ADS AMUSEMENTSVERHUUR BE 0472.992.091 · Aalst
Source: Belgian State Gazette, CBE, NBB · generated via checked.be · indicative