BART SPRIET
ActiveSummary
BART SPRIET has been active since 1996 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show negative equity (-€5,379) and a net result of -€31,737. Equity is shrinking by ~21.6% per year across the filed fiscal years. Its solvency ranks better than 5% of 15369 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability0=
Solvency11▼-49
Growth32=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.41 against 1.29 in 2023; short-term debt: 96.9% and cash: 11.2% of total assets), and equity is negative.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 69
Relative position
BE, all sectors
reference
Legal and accounting activities (NACE 69)
about 77% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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 2024Solvency, return and age of the figures
Solvency
-13.6%
Return on assets
-80.5%
Age of the figures
21 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
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
192021222324
2019 to 2024 · latest year -€5,379
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 28-07-2025, 3 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
3 d early
2023
23 d late
2022
33 d early
2021
329 d late
2020
13 d early
2019
38 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 44 days after the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Equity
-€5,379
2023 · €26,358
Total assets
€39,434▼ 47.6%
2023 · €75,190
Net result
-€31,737▲ 16.5%
2023 · -€37,988
Working capital
-€22,404
2023 · €8,379
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€35,082-€12,575-€6,840▲ 45.6%-€36,226▼ 430%-€30,881▲ 14.8%
Net result€28,120-€13,354-€9,595▲ 28.1%-€37,988▼ 296%-€31,737▲ 16.5%
Equity€87,296▲ 47.5%€73,942▼ 15.3%€64,347▼ 13.0%€26,358▼ 59.0%-€5,379
Total assets€160,325▲ 54.7%€120,426▼ 24.9%€132,210▲ 9.8%€75,190▼ 43.1%€39,434▼ 47.6%
Debt€73,029▲ 64.4%€46,484▼ 36.3%€67,863▲ 46.0%€48,832▼ 28.0%€44,813▼ 8.2%
Working capital€73,139▲ 60.8%€48,740▼ 33.4%€42,159▼ 13.5%€8,379▼ 80.1%-€22,404
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €30,881 in 2024 against €36,226 in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €39,434
Fixed assets
€23,632 ▼ 37.4%
Current assets
€15,801 ▼ 57.8%
Key figures and ratios
EBITDA
-€15,301▼
2023 · -€10,326
Cash flow
-€16,157▼
2023 · -€12,088
Solvency
-13.6%▼
2023 · 35.1%
Current ratio
0.41▼
2023 · 1.29
Debt to equity
-8.33▼
2023 · 1.85
ROA
-80.5%▼
2023 · -50.5%
Interest coverage
-29.02▼
2023 · -13.66
Debt ≤ 1 year
€38,205▲
2023 · €29,082
Debt > 1 year
€6,607▼
2023 · €19,750
Income taxes
€359▼
2023 · €1,086
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 6,640 companies that looked in July 2024 the way this one looks now, 4.1% went bankrupt within 24 months and 84% are still going.
- Micro
- 20 years or older
- negative equity
- a loss of 10% of the balance sheet or more
4.1%
went bankrupt
9.9%
stopped otherwise
84%
still going
A further 2.0% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 0.2% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
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 6,640 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.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €3,500 | €0 | ▼ 100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €13,458 | €14,495 | €15,481 | €25,900 | €15,580 | ▼ 39.8% |
| Other operating charges640/8 | - | €1,680 | €3,909 | €2,847 | €1,724 | ▼ 39.5% |
| Non-recurring operating charges66A | - | €0 | €4,750 | €0 | - | - |
| Gross operating margin9900 | €53,071 | €3,600 | €17,301 | -€7,479 | -€13,577 | ▼ 81.5% |
| Operating profit (loss)9901 | €35,082 | -€12,575 | -€6,840 | -€36,226 | -€30,881 | ▲ 14.8% |
| Financial income75/76B | - | €0 | €0 | €79 | €30 | ▼ 62.0% |
| Recurring financial income75 | €9 | €0 | €0 | €79 | €30 | ▼ 62.0% |
| Financial charges65/66B | - | €419 | €1,026 | €756 | €527 | ▼ 30.3% |
| Recurring financial charges65 | €1,090 | €419 | €1,026 | €756 | €527 | ▼ 30.3% |
| Profit (loss) for the period before taxes9903 | €34,000 | -€12,993 | -€7,866 | -€36,903 | -€31,378 | ▲ 15.0% |
| Income taxes67/77 | €5,880 | €361 | €1,729 | €1,086 | €359 | ▼ 66.9% |
| Profit (loss) for the period9904 | €28,120 | -€13,354 | -€9,595 | -€37,988 | -€31,737 | ▲ 16.5% |
| Profit (loss) for the period to be appropriated9905 | €28,120 | -€13,354 | -€9,595 | -€37,988 | -€31,737 | ▲ 16.5% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €160,325 | €120,426 | €132,210 | €75,190 | €39,434 | ▼ 47.6% |
| Fixed assets21/28 | €49,867 | €49,726 | €63,630 | €37,729 | €23,632 | ▼ 37.4% |
| Tangible fixed assets22/27 | €49,867 | €49,726 | €63,630 | €37,729 | €23,632 | ▼ 37.4% |
| Furniture and vehicles24 | - | €49,726 | €63,630 | €37,729 | €23,632 | ▼ 37.4% |
| Current assets29/58 | €110,458 | €70,699 | €68,580 | €37,461 | €15,801 | ▼ 57.8% |
| Amounts receivable within one year40/41 | €19,721 | €33,923 | €12,374 | €19,554 | €10,299 | ▼ 47.3% |
| Trade receivables40 | - | €31,278 | €12,048 | €9,251 | €3,711 | ▼ 59.9% |
| Other amounts receivable41 | - | €2,644 | €327 | €10,303 | €6,588 | ▼ 36.1% |
| Cash at bank and in hand54/58 | €90,596 | €36,777 | €56,206 | €16,873 | €4,424 | ▼ 73.8% |
| Deferred charges and accrued income490/1 | - | €0 | - | €1,034 | €1,079 | ▲ 4.3% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €160,325 | €120,426 | €132,210 | €75,190 | €39,434 | ▼ 47.6% |
| Equity10/15 | €87,296 | €73,942 | €64,347 | €26,358 | -€5,379 | ▼ 120% |
| Contributions10/11 | €12,400 | €12,400 | €12,400 | €12,400 | €12,400 | = |
| Reserves13 | €74,896 | €74,896 | €74,896 | €74,896 | €74,896 | = |
| Non-distributable reserves130/1 | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Tax-exempt reserves132 | - | €5,095 | €5,095 | €5,095 | €5,095 | = |
| Distributable reserves133 | - | €67,941 | €67,941 | €67,941 | €67,941 | = |
| Profit (loss) carried forward14 | €0 | -€13,354 | -€22,950 | -€60,938 | -€92,675 | ▼ 52.1% |
| Amounts payable17/49 | €73,029 | €46,484 | €67,863 | €48,832 | €44,813 | ▼ 8.2% |
| Amounts payable after more than one year17 | €35,710 | €24,525 | €41,442 | €19,750 | €6,607 | ▼ 66.5% |
| Financial debts170/4 | - | €24,525 | €41,442 | €19,750 | €6,607 | ▼ 66.5% |
| Amounts payable within one year42/48 | €37,319 | €21,959 | €26,422 | €29,082 | €38,205 | ▲ 31.4% |
| Current portion of amounts payable after more than one year42 | - | €11,185 | €12,889 | €13,047 | €13,142 | ▲ 0.7% |
| Trade debts44 | €5,390 | €10,773 | €5,092 | €4,946 | €10,176 | ▲ 106% |
| Suppliers440/4 | - | €10,773 | €5,092 | €4,946 | €10,176 | ▲ 106% |
| Taxes, remuneration and social security45 | - | €0 | €8,440 | €11,089 | €4,064 | ▼ 63.4% |
| Taxes450/3 | - | €0 | €3,340 | €5,989 | €4,064 | ▼ 32.1% |
| Remuneration and social security454/9 | - | - | €5,100 | €5,100 | €0 | ▼ 100% |
| Other amounts payable47/48 | - | - | - | - | €10,823 | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €28,120 | -€13,354 | -€9,595 | -€37,988 | -€31,737 | ▲ 16.5% |
| + Depreciation and write-downs630 | €13,458 | €14,495 | €15,481 | €25,900 | €15,580 | ▼ 39.8% |
| Operating cash flow (approximation) | €41,578 | €1,141 | €5,886 | -€12,088 | -€16,157 | ▼ 33.7% |
| Investment in fixed assets (approximation) | - | -€14,354 | -€29,385 | €0 | -€1,483 | - |
| Change in cash | - | -€53,820 | €19,429 | -€39,333 | -€12,449 | ▲ 68.4% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
28-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
23-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 23 days late
2023
31-12
Financial
Weakest financial yearnet -€37,988
Net result drops to -€37,988, the lowest in the series; recovery starts the following year.
2022
28-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
25-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 329 days late
2020
17-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
30-04
Financial
Back to profitnet €28,120
Net result €28,120 after one loss-making year.
2019
23-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
19-11
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
17-11
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
20-10
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2015
28-10
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Mol
Ground area
883 m²
Building footprint
166 m²
Volume, LiDAR
744 m³
Parcel 13025G0316/00S000, Flanders · tallest building 8.5 m, ±1 floor. Linked by address, not a title deed.
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13025G0316/00S000 | Flanders | 883 m² | 1 · 166 m² | 8.5 m · 1 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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TSELEGAL
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Advocaat Tim Valgaeren
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NEOLLAT
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Of 22,076 companies in sector 69101 we hold annual accounts for 9,058. 6,523 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded08-08-1996
Fiscal year end31-12
Activities, NACEBEL 2025
69101Activities of lawyers
E-invoicing
Reachable via Peppol
Peppol ID
0208:0458614911
Also
9925:BE0458614911
Registered
03-03-2026
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.