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Bartaro

Active
Private limited companyfounded 2024active for 1 yearLandweg 17, 3550 Heusden-Zolder, BelgiumKBO/BCE: BE 1016.833.776
Summary

Bartaro has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €14,290 and a net result of €12,290. Its solvency ranks better than 68% of 20,965 sector peers (NACE 62, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Financials · financial year 2025, micro format

Equity
€14,290
Total assets
€19,094
Net result
€12,290
Working capital
€10,946

Turnover and EBIT margin not published: the micro format does not require them.

Balance-sheet composition
Assets €19,094
Fixed assets €3,344
Current assets €15,750
Equity and liabilities €19,094
Equity €14,290
Debt €4,804
Debt finances 25.2% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€17,324
Cash flow
€13,915
Current ratio
3.28
Debt to equity
0.34
ROE
86.0%
ROA
64.4%
Interest coverage
59.29
Debt ≤ 1 year
€4,804
Income taxes
€3,117

Peer companies

Historical observation

Of the 11,280 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 96.6% are still going.

  • Micro
  • under 2 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.7% went bankrupt
2.6% stopped otherwise
96.6% still going

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 497,473 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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 74.5% 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 11,280 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
Filed annual accounts As filed with the NBB · 2025 · 31 lines
Balance sheet Code2025
Assets
Total assets20/58€19,094
Fixed assets21/28€3,344
Tangible fixed assets22/27€3,344
Plant, machinery and equipment23€2,045
Furniture and vehicles24€1,299
Current assets29/58€15,750
Amounts receivable within one year40/41€8,550
Trade receivables40€8,550
Cash at bank and in hand54/58€5,775
Deferred charges and accrued income490/1€1,425
Equity and liabilities
Total equity and liabilities10/49€19,094
Equity10/15€14,290
Contributions10/11€2,000
Profit (loss) carried forward14€12,290
Amounts payable17/49€4,804
Amounts payable within one year42/48€4,804
Trade debts44€957
Suppliers440/4€957
Taxes, remuneration and social security45€3,847
Taxes450/3€3,847
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,625
Other operating charges640/8€387
Gross operating margin9900€17,711
Operating profit (loss)9901€15,699
Financial charges65/66B€292
Recurring financial charges65€292
Profit (loss) for the period before taxes9903€15,407
Income taxes67/77€3,117
Profit (loss) for the period9904€12,290
Profit (loss) for the period to be appropriated9905€12,290
Appropriation of the result
Profit (loss) to be appropriated9906€12,290

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,625
Other operating charges640/8€387
Gross operating margin9900€17,711
Operating profit (loss)9901€15,699
Financial charges65/66B€292
Recurring financial charges65€292
Profit (loss) for the period before taxes9903€15,407
Income taxes67/77€3,117
Profit (loss) for the period9904€12,290
Profit (loss) for the period to be appropriated9905€12,290
Line2025
Assets
Total assets20/58€19,094
Fixed assets21/28€3,344
Tangible fixed assets22/27€3,344
Plant, machinery and equipment23€2,045
Furniture and vehicles24€1,299
Current assets29/58€15,750
Amounts receivable within one year40/41€8,550
Trade receivables40€8,550
Cash at bank and in hand54/58€5,775
Deferred charges and accrued income490/1€1,425
Equity and liabilities
Total equity and liabilities10/49€19,094
Equity10/15€14,290
Contributions10/11€2,000
Profit (loss) carried forward14€12,290
Amounts payable17/49€4,804
Amounts payable within one year42/48€4,804
Trade debts44€957
Suppliers440/4€957
Taxes, remuneration and social security45€3,847
Taxes450/3€3,847
Line2025
Profit (loss) for the period9904€12,290
+ Depreciation and write-downs630€1,625
Operating cash flow (approximation)€13,915

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (1)
Financial year Type Filed Reference
30-06-2025 micro format 07-01-2026 2026-00002985

Similar companies · same sector, comparable size

Of the 16,956 active companies whose main activity is computer programming (NACE 62100), figures are known for 8,928. 5,286 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.