Bartaro
ActiveFrom the official registers: KBO 1 annual account at the National Bank publications in the Belgian Official Gazette
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 21,120 sector peers (NACE 62, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).
Overview
Official details
KBO- Status
- Active since 02-12-2024 Normal situation
- Legal form
- Private limited company
- Registered office
- Landweg 17, 3550 Heusden-Zolder
- Activity
- Computer programming NACE 62100and 1 other
- Establishment unit
- 2.367.273.617 3550 Heusden-Zolder, since 02-12-2024
- Financial year end
- 30 June
- Peppol
- Reachable since 05-01-2026
How it is doing
- Bankruptcy probabilitywithin 12 months
- < 0.1%
- Gross margin
- €17,711
- Turnover
- ≈ €93,000
- estimated
- Profit
- €12,290
- Equity
- €14,290
- Total assets
- €19,094
Why 96raises riskFounded in 2024lowers riskSector: Computer programming, consultancy and related activities (NACE 62)Liquidity: current ratio 3.28, cash €5,775Equity €14,290 (74.8% of total assets)Show the evidence
Checked score
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 62, micro): better than 69% on solvency, 62% on liquidity and 82% on profitability.
The bankruptcy probability was computed on 31-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
Searched, nothing found (1)
Financials · financial year 2025, micro format
Annual accounts 2025
- Financial year ended
- 30-06-2025
- Filed on
- 07-01-2026
- Format
- micro format
- Reference
- 2026-00002985
Turnover and EBIT margin not published: the micro format does not require them. The turnover shown is an estimate from the gross margin.
Peer companies
Historical observationOf the 11,279 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
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 497,445 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% | 0.9% |
| 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 11,279 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 | 2025 |
|---|---|
| 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 |
| Line | 2025 | |
|---|---|---|
| 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 | |
| Line | 2025 |
|---|---|
| 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.
Filings with the National Bank (1)
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 30-06-2025 | micro format | 07-01-2026 | 2026-00002985 | NBB |
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Mandate history
- Board
| Name | Functions and periods |
|---|---|
| LEENAERS Tim |
|
How the board is organised
- Who signsWho may bind the company towards others, for example by signing a contract.
- Each director alone
- Board ruleHow the board is made up, meets and takes decisions.
- “Met of zonder beperking van duur, 1”“Behalve handelingen die wet of statuten aan algemene vergadering voorbehouden, geheel van bevoegdheden toegekend met mogelijkheid deel te…”
Articles of association, deed of 04-12-2024
Owners and capital
Capital and shareholders
- LEENAERS Tim 200 shares (100%) · €2,000
- 04-12-2024 Incorporation · €2,000 · 200 shares
Other provisions of the articles of association
- Other provisionsRules from the articles on subjects other than the board, the shares, the purpose and the meetings.
- Other provision: “Bestuursorgaan of commissaris, buitengewone algemene vergadering”Other provision: “Oproepingen algemene vergadering, per e-mail”4 more provisions in the deed, see the deed of 04-12-2024
Articles of association, deed of 04-12-2024 (in Dutch)
Group and network
Connections & network
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
Acts, filings and financial milestones
04-12
Gazette deed
IncorporationAppointment: LEENAERS Tim (director) · Founder · Registered office clause8 facts ▸
- Incorporation, 02-12-2024
- Founder, LEENAERS Tim
- Registered office clause, “3550 Heusden-Zolder,Landweg 17” (deed in Dutch)
- Other provision, 22-11-2024
- Founding capital, €2,000
- Other provision, “bevestiging deponering overeenkomstig Wetboek van vennootschappen en verenigingen” (deed in Dutch)
- Board rule, 1, “vergadering” (deed in Dutch)
- Director appointment, LEENAERS Tim (director)
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
Register details
Who it is
KBO recordWhere it is based
What it does
NACEBEL 2025Invoicing and payment
Financial year and general meeting
Accounts at the NBBScores and ratios are computed by Checked and are not a credit decision.
Financial year and meetings according to the articles of association
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Last Monday of December at 20:00
Articles of association, deed of 04-12-2024 (in Dutch)
Environmental permits: No permit applications found in Flanders.
Sites & property
1 establishment unit
Buildings and parcels at the address
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 71065A1388/00V000 | Flanders | 1,215 m² | 1 · 115 m² | - |