BART CLAES INSTALLATIES
ActiveBART CLAES INSTALLATIES has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €112k and a net result of €8k. Equity is growing by ~10.9% per year across the filed fiscal years. Its solvency ranks better than 73% of 1305 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
70
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability57▲+42
Solvency92▲+20
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €7k at 30 days acceptable
Liquidity ample (current ratio 7.54 against 1.85 in 2024; short-term debt: 10.8% and cash: 1.7% of total assets), and 33.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 33
Relative position
BE, all sectors
reference
Sector 33
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
66.6%
Return on assets
4.6%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 07-08-2026, 7 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
7 d late
2024
56 d late
2023
23 d late
2022
10 d late
2021
4 d late
2020
2 d early
2019
104 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
21-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€112k▲ 7.3%
2024 · €105k
2018: €45k
2019: €63k
2020: €70k
2021: €84k
2022: €92k
2023: €111k
2024: €105k
2018 → 2025
Total assets
€169k▼ 24.5%
2024 · €224k
2018: €99k
2019: €127k
2020: €113k
2021: €111k
2022: €185k
2023: €173k
2024: €224k
2018 → 2025
Net result
€8k
2024 · €-6k
2018: €-2k
2019: €18k
2020: €7k
2021: €15k
2022: €8k
2023: €19k
2024: €-6k
2018 → 2025
Working capital
€119k▲ 18.4%
2024 · €101k
2018: €29k
2019: €61k
2020: €81k
2021: €77k
2022: €87k
2023: €105k
2024: €101k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€84k-€92k▲ 9.2%€111k▲ 20.3%€105k▼ 5.6%€112k▲ 7.3%
Operating result€16k-€8k▼ 48.4%€23k▲ 187%€-7k€14k
Net result€15k-€8k▼ 46.9%€19k▲ 142%€-6k€8k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €14k after a loss of €7k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €169k
Fixed assets
€31k▲ 681%
Current assets
€137k▼ 37.4%
Equity and liabilities €169k
Equity
€112k▲ 7.3%
Debt
€56k▼ 52.6%
The debt ratio falls from 53.2% to 33.4%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€17k▲
2024 · €-6k
Cash flow
€10k▲
2024 · €-5k
Solvency
66.6%▲
2024 · 46.8%
Current ratio
7.54▲
2024 · 1.85
Quick ratio
7.28▲
2024 · 1.81
Debt / equity
0.50▼
2024 · 1.13
ROE
6.8%▲
2024 · -5.9%
ROA
4.6%▲
2024 · -2.8%
Interest coverage
3.95▲
2024 · -1.82
Debt
€56k▼
2024 · €119k
Debt ≤ 1 year
€18k▼
2024 · €119k
Debt > 1 year
€38k
Income taxes
€2k▲
2024 · €185
Staff costs
€23k▼
2024 · €42k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€224k€169k▼
Fixed assets21/28€4k€31k▲
Tangible fixed assets22/27€4k€31k▲
Land and buildings22€1k€840▼
Plant, machinery and equipment23€3k€2k▼
Furniture and vehicles24€226€29k▲
Current assets29/58€220k€137k▼
Stocks and contracts in progress3€5k€5k=
Stocks30/36€5k€5k=
Amounts receivable within one year40/41€214k€129k▼
Trade receivables40€125k€36k▼
Other amounts receivable41€90k€94k▲
Cash at bank and in hand54/58€319€3k▲
Deferred charges and accrued income490/1-€384
Equity and liabilities
Total equity and liabilities10/49€224k€169k▼
Equity10/15€105k€112k▲
Contributions10/11€6k€6k=
Reserves13€99k€106k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Tax-exempt reserves132€17k€17k=
Distributable reserves133€80k€87k▲
Amounts payable17/49€119k€56k▼
Amounts payable after more than one year17-€38k
Financial debts170/4-€38k
Amounts payable within one year42/48€119k€18k▼
Current portion of amounts payable after more than one year42-€5k
Financial debts43-€4k
Other loans439-€4k
Trade debts44€116k€7k▼
Suppliers440/4€116k€7k▼
Taxes, remuneration and social security45€3k€2k▼
Taxes450/3€185€2k▲
Remuneration and social security454/9€2k€27▼
Income statement
Code20242025
Remuneration, social security and pensions62€42k€23k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€3k▲
Other operating charges640/8€4k€7k▲
Gross operating margin9900€40k€46k▲
Operating profit (loss)9901€-7k€14k▲
Financial income75/76B€4k€22▼
Recurring financial income75€4k€22▼
Financial charges65/66B€3k€4k▲
Recurring financial charges65€3k€4k▲
Profit (loss) for the period before taxes9903€-6k€10k▲
Income taxes67/77€185€2k▲
Profit (loss) for the period9904€-6k€8k▲
Profit (loss) for the period to be appropriated9905€-6k€8k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-6k€8k▲
Transfer from equity791/2€6k-
Transfer to equity691/2-€8k
To other reserves6921-€8k
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
07-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 7 days late
2025
31-12
Financial
Back to profitnet €8k
Net result €8k after one loss-making year.
31-12
Financial
Liquidity quadruplescurrent ratio 7.54
Current ratio from 1.85 to 7.54; short-term debt falls from €119k to €18k.
25-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 56 days late
2024
31-12
Financial
Weakest financial yearnet €-6k ▼133%
Net result drops to €-6k, the lowest in the series; recovery starts the following year.
23-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 23 days late
2023
31-12
Financial
Highest result since 2018net €19k ▲142%
Operating result €23k, net result €19k, both a record.
31-12
Financial
Equity above €100kEq €111k ▲20.3%
5 profitable years in a row build equity to €111k.
10-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 10 days late
2022
04-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 4 days late
2021
29-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
12-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 104 days late
2019
31-12
Financial
Back to profitnet €18k
Net result €18k after one loss-making year.
21-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 21 days late
2018
01-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 1 day late
2017
02-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 2 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Ranst · 1 establishment unit since 2011
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Vaartstraat 2832520 RanstGround area
891 m²
Building footprint
103 m²
Parcel 11031C0484/00N006, Flanders. Linked by address, not a title deed.
1 establishment unit
Bart Claes Installaties
since 20112.205.202.354
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11031C0484/00N006 | Flanders | 891 m² | 1 · 103 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
Geba Solutions
BE 0718.737.435
Ravels · Eq €112k
HYDRAULIC & DIESEL SERVICE
BE 0404.111.797
Antwerpen · Eq €112k
ALVERSYS
BE 0677.581.721
Leuven · Eq €111k
NEW MIRANDA
BE 0832.069.265
Charleroi · Eq €115k
INSTALLATIONS CHIODO FRANCOIS
BE 0842.365.024
Flémalle · Eq €115k
Of 887 companies in sector 33110 we hold annual accounts for 440. 340 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded16-11-2011
Fiscal year end31-12
Activities, NACEBEL
33110Repair and maintenance of fabricated metal products
43222Installation of electric heating, air conditioning, cooling and ventilation
43230Insulation installation
43240Other construction installation
43291Specialised construction activities
43299Specialised construction activities
43992Specialised construction activities
46130Agents in the wholesale of timber and building materials
81220Other building cleaning and industrial cleaning
Sources
Crossroads Bank for EnterprisesNational Bank · 14 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.