BART BELIS
ActiveSummary
BART BELIS has been active since 1997 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €989,919 and a net result of €3,326. Equity is growing by ~18.3% per year across the filed fiscal years. The computed 12-month bankruptcy probability is < 0.1% (very low).
Financials · fiscal year 2025, micro schema
2021 to 2025, 5 fiscal years 2018 to 2025, 8 fiscal years
The operating result turns negative in 2025: a loss of €12,514 after €18,167 in 2024.
What the company sold each fiscal year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Average staff in full-time equivalents (FTE).
Point at or tap a year, or use the arrow keys on the chart, for the exact figures; the table below gives them all.
Peer companies
Historical observationOf the 14,766 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 96% are still going.
- Small
- 20 years or older
- solvency 30% or more
- a profit under 5% of the balance sheet
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of < 0.1% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,471 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 14,766 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | €0.1m | €0.07m | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €0.05m | €0.05m | €0.05m | €0.05m | €0.05m | €0.05m | €0.03m | - | - |
| Other operating charges640/8 | - | - | - | €0.004m | €0.002m | €0.002m | €0.003m | €248 | ▼ 92.4% |
| Gross operating margin9900 | €0.3m | €0.3m | €0.3m | €0.3m | €1.3m | €0.01m | €0.05m | -€0.01m | ▼ 126% |
| Operating profit (loss)9901 | €0.08m | €0.1m | €0.08m | €0.07m | €1.2m | -€0.03m | €0.02m | -€0.01m | ▼ 169% |
| Financial income75/76B | - | - | - | €0.002m | €0.001m | €0.01m | €0.02m | €0.02m | ▼ 3.6% |
| Recurring financial income75 | €386 | €0.007m | €0.005m | €0.002m | €0.001m | €0.01m | €0.02m | €0.02m | ▼ 3.6% |
| Financial charges65/66B | - | - | - | €0.002m | €0.001m | €0.001m | €0.001m | €109 | ▼ 81.3% |
| Recurring financial charges65 | €0.02m | €0.003m | €0.003m | €0.002m | €0.001m | €0.001m | €0.001m | €109 | ▼ 81.3% |
| Profit (loss) for the period before taxes9903 | €0.06m | €0.1m | €0.08m | €0.07m | €1.2m | -€0.02m | €0.04m | €0.01m | ▼ 74.3% |
| Income taxes67/77 | €0.02m | €0.03m | €0.03m | €0.02m | €0.4m | €347 | €0.009m | €0.007m | ▼ 15.4% |
| Profit (loss) for the period9904 | €0.04m | €0.07m | €0.05m | €0.05m | €0.8m | -€0.02m | €0.03m | €0.003m | ▼ 89.9% |
| Transfer from tax-exempt reserves789 | - | - | - | - | - | - | - | €0.01m | - |
| Profit (loss) for the period to be appropriated9905 | €0.04m | €0.07m | €0.05m | €0.05m | €0.8m | -€0.02m | €0.03m | €0.01m | ▼ 55.2% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €0.6m | €0.6m | €0.5m | €0.4m | €1.2m | €1.1m | €1.0m | €1.0m | ▲ 1.1% |
| Fixed assets21/28 | €0.3m | €0.2m | €0.2m | €0.1m | €0.2m | €0.2m | €0.07m | - | - |
| Tangible fixed assets22/27 | €0.3m | €0.2m | €0.2m | €0.1m | €0.2m | €0.2m | €0.07m | - | - |
| Land and buildings22 | - | - | - | €0.09m | €0.07m | €0.06m | - | - | - |
| Plant, machinery and equipment23 | - | - | - | - | €0.001m | €0.002m | - | - | - |
| Furniture and vehicles24 | - | - | - | €0.03m | €0.1m | €0.1m | €0.07m | - | - |
| Current assets29/58 | €0.3m | €0.4m | €0.4m | €0.3m | €1.0m | €1.0m | €0.9m | €1.0m | ▲ 9.4% |
| Amounts receivable within one year40/41 | €0.1m | €0.1m | €0.06m | €0.04m | €0.01m | €0.06m | €0.3m | €0.5m | ▲ 53.0% |
| Trade receivables40 | - | - | - | - | €0.007m | €0.006m | €0.05m | - | - |
| Other amounts receivable41 | - | - | - | €0.04m | €0.007m | €0.06m | €0.3m | €0.5m | ▲ 82.0% |
| Current investments50/53 | €0.01m | €0.01m | €0.002m | €0.002m | €0.002m | €0.8m | €0.1m | €0.1m | = |
| Cash at bank and in hand54/58 | €0.2m | €0.3m | €0.3m | €0.3m | €1.0m | €0.1m | €0.5m | €0.4m | ▼ 14.1% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €0.6m | €0.6m | €0.5m | €0.4m | €1.2m | €1.1m | €1.0m | €1.0m | ▲ 1.1% |
| Equity10/15 | €0.4m | €0.3m | €0.4m | €0.4m | €1.1m | €1.0m | €1.0m | €1.0m | ▲ 0.3% |
| Contributions10/11 | €0.01m | €0.01m | - | €0.01m | €0.01m | €0.01m | €0.01m | €0.01m | = |
| Reserves13 | €0.4m | €0.3m | €0.4m | €0.3m | €1.1m | €1.0m | €1.0m | €1.0m | ▲ 0.3% |
| Non-distributable reserves130/1 | - | - | - | €0.002m | - | - | - | - | - |
| Reserves not available under the articles1311 | - | - | - | €0.002m | - | - | - | - | - |
| Tax-exempt reserves132 | - | - | - | €0.01m | €0.01m | €0.01m | €0.01m | - | - |
| Distributable reserves133 | - | - | - | €0.3m | €1.1m | €1.0m | €1.0m | €1.0m | ▲ 1.5% |
| Profit (loss) carried forward14 | - | - | - | - | - | -€0.02m | - | - | - |
| Amounts payable17/49 | €0.2m | €0.3m | €0.1m | €0.09m | €0.1m | €0.1m | €0.006m | €0.01m | ▲ 134% |
| Amounts payable after more than one year17 | €0.1m | €0.08m | €0.06m | €0.04m | €0.03m | €0.02m | - | - | - |
| Financial debts170/4 | - | - | - | €0.04m | €0.03m | €0.02m | - | - | - |
| Amounts payable within one year42/48 | €0.07m | €0.2m | €0.07m | €0.06m | €0.1m | €0.1m | €0.006m | €0.01m | ▲ 134% |
| Current portion of amounts payable after more than one year42 | - | - | - | €0.02m | €0.01m | €0.01m | - | - | - |
| Financial debts43 | - | - | - | €0.004m | - | - | - | - | - |
| Credit institutions430/8 | - | - | - | €0.004m | - | - | - | - | - |
| Trade debts44 | €0.008m | €0.008m | €0.009m | €0.008m | €184 | €195 | €0.001m | €0.009m | ▲ 1,526% |
| Suppliers440/4 | - | - | - | €0.008m | €184 | €195 | €0.001m | €0.009m | ▲ 1,526% |
| Taxes, remuneration and social security45 | - | - | - | €0.02m | €0.09m | €0.09m | €0.005m | €0.005m | ▼ 8.5% |
| Taxes450/3 | - | - | - | €0.007m | €0.09m | €0.09m | €0.005m | €0.005m | ▼ 8.5% |
| Remuneration and social security454/9 | - | - | - | €0.02m | - | - | - | - | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €37,543 | €65,400 | €54,319 | €47,675 | €820,905 | -€23,955 | €33,058 | €3,326 | ▼ 89.9% |
| + Depreciation and write-downs630 | €50,344 | €50,563 | €51,124 | €46,591 | €45,476 | €45,270 | €25,566 | - | - |
| Operating cash flow (approximation) | €87,887 | €115,963 | €105,443 | €94,266 | €866,380 | €21,314 | €58,624 | €3,326 | ▼ 94.3% |
| Investment in fixed assets (approximation) | - | -€3,199 | -€8,265 | -€6,532 | -€129,374 | -€1,229 | €62,342 | - | - |
| Change in cash | - | €102,369 | €47,884 | -€20,991 | €726,776 | -€895,910 | €404,576 | -€72,507 | ▼ 118% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Subsidies and aid
Flemish government
2022 · 1 entry · €46 awarded · €46 paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 1 | €46 | €46 |