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Bart De Coninck

Active
Private limited company (pre-2019)founded 199629 yrs activePassionistenstraat(KRU) 51, 9770 Kruisem, BelgiumKBO/BCE: BE 0459.501.173

Bart De Coninck has been active since 1996 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-22k) and a net result of €6k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 12% of 11017 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).

Checked score

Score 2025
8 / 100
Critical▼ -8 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0=
Solvency33=
Growth58=
Stability100
Bankruptcy probability, 12 months
0.6% Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.39 against 0.34 in 2024), and equity is negative.
Credit advice for your own amount and term

Signals

Seven signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 29 years 0 30 y
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
-41.4%
Return on assets
12.2%
Age of the figures
8 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies more bankruptcies →
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 12% of 11017 sector peers (2025).
NBB · sector comparison
Position among 11017 sector peers
Solvency
better than 12%
← weakest strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 14-07-2026, 17 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
17 d early
2024
29 d early
2023
19 d early
2022
39 d late
2021
23 d early
2020
11 d early
2019
8 d early
← 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 months
Position in the running window
08-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, micro schema

Equity
€-22k▲ 22.8%
2024 · €-28k
2018: €5k 2019: €-8k 2020: €9k 2021: €11k 2022: €-11k 2023: €-36k 2024: €-28k
2018 → 2025
Total assets
€53k▲ 81.5%
2024 · €29k
2018: €21k 2019: €32k 2020: €39k 2021: €52k 2022: €56k 2023: €31k 2024: €29k
2018 → 2025
Net result
€6k▼ 19.5%
2024 · €8k
2018: €-4k 2019: €-13k 2020: €17k 2021: €2k 2022: €-21k 2023: €-26k 2024: €8k
2018 → 2025
Working capital
€-24k▼ 0.4%
2024 · €-24k
2018: €4k 2019: €-9k 2020: €4k 2021: €21k 2022: €-6k 2023: €-26k 2024: €-24k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€11k-€-11k€-36k▼ 239%€-28k▲ 22.1%€-22k▲ 22.8%
Operating result€2k-€-19k€-24k▼ 24.4%€11k€12k▲ 10.8%
Net result€2k-€-21k€-26k▼ 20.7%€8k€6k▼ 19.5%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-30k€-20k€-10k€0€10kOperating result 2021: €2k€2kNet result 2021: €2k€2kOperating result 2022: €-19k€-19kNet result 2022: €-21k€-21kOperating result 2023: €-24k€-24kNet result 2023: €-26k€-26kOperating result 2024: €11k€11kNet result 2024: €8k€8kOperating result 2025: €12k€12kNet result 2025: €6k€6k20212022202320242025
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 11% above 2024 and is the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €53k
Fixed assets €38k▲ 124%
Current assets €15k▲ 23.9%
Key figures and ratios
2025 value · change against 2024
EBITDA
€25k
2024 · €17k
Cash flow
€19k
2024 · €14k
Solvency
-41.4%
2024 · -97.4%
Current ratio
0.39
2024 · 0.34
Quick ratio
0.39
2024 · 0.34
Debt / equity
-3.41
2024 · -2.03
ROE
-29.6%
2024 · -28.3%
ROA
12.2%
2024 · 27.6%
Interest coverage
4.43
2024 · 6.27
Debt
€75k
2024 · €58k
Debt ≤ 1 year
€40k
2024 · €37k
Debt > 1 year
€35k
2024 · €21k
Income taxes
€-147
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€29k€53k
Fixed assets21/28€17k€38k
Intangible fixed assets21€792€292
Tangible fixed assets22/27€16k€37k
Plant, machinery and equipment23€2k€2k
Furniture and vehicles24€14k€8k
Leasing and similar rights25-€27k
Current assets29/58€12k€15k
Amounts receivable within one year40/41€6k€12k
Trade receivables40€6k€12k
Cash at bank and in hand54/58€6k€4k
Deferred charges and accrued income490/1€431-
Equity and liabilities
Total equity and liabilities10/49€29k€53k
Equity10/15€-28k€-22k
Contributions10/11€19k€19k=
Reserves13€15€15=
Non-distributable reserves130/1€15€15=
Reserves not available under the articles1311€15€15=
Profit (loss) carried forward14€-47k€-41k
Amounts payable17/49€58k€75k
Amounts payable after more than one year17€21k€35k
Financial debts170/4€21k€35k
Amounts payable within one year42/48€37k€40k
Current portion of amounts payable after more than one year42€17k€18k
Trade debts44€7k€6k
Suppliers440/4€7k€6k
Taxes, remuneration and social security45€2k€840
Taxes450/3€2k€840
Other amounts payable47/48€11k€15k
Income statement Code20242025
Non-recurring operating income76A-€9k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6k€13k
Other operating charges640/8€870€2k
Gross operating margin9900€18k€27k
Operating profit (loss)9901€11k€12k
Financial charges65/66B€3k€6k
Recurring financial charges65€3k€6k
Profit (loss) for the period before taxes9903€8k€6k
Income taxes67/77-€-147
Profit (loss) for the period9904€8k€6k
Profit (loss) for the period to be appropriated9905€8k€6k
Appropriation of the result
Profit (loss) to be appropriated9906€-47k€-41k
Profit (loss) brought forward from the previous period14P€-55k€-47k

The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
14-07
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
02-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial Back to profitnet €8k
Net result €8k after 2 loss-making years.
12-07
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial Weakest financial yearnet €-26k
Net result drops to €-26k, the lowest in the series; recovery starts the following year.
08-09
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 39 days late
2022
08-07
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
20-07
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial Back to profitnet €17k
Net result €17k after 2 loss-making years.
31-12
Financial Liquidity triplescurrent ratio 1.28
Current ratio from 0.43 to 1.28.
23-07
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
30-08
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
04-07
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
14-07
NBB filing Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts

We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

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, Kruisem · 1 establishment unit since 1997
exact location from the address register On OpenStreetMap
Ground area
3,869 m²
Building footprint
142 m²
Volume, LiDAR
590 m³
Parcel 45017A1842/00C000, Flanders · tallest building 6.1 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Bart De Coninck
Passionistenstraat(KRU) 51, 9770 KruisemNACE 52484
since 19972.079.796.794
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
45017A1842/00C000 Flanders 3,869 m² 1 · 142 m² 6.1 m · 1 fl.
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

Of 4,407 companies in sector 46180 we hold annual accounts for 1,873. 920 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company (pre-2019)
Founded19-12-1996
Fiscal year end31-12
Activities, NACEBEL
46180Agents specialised in the wholesale of other particular products
51180
Sources
Crossroads Bank for EnterprisesNational Bank · 29 filingsAddress and cadastre registers

Data from official sources, last processed on 08-09-2026. Scores and ratios are computed by Checked and are not a credit decision.