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BARTEC-BELGIUM

Active
Public limited companyfounded 198838 yrs activeH. Hartlaan 26, 3980 Tessenderlo-Ham, BelgiumKBO/BCE: BE 0435.235.535
Summary

BARTEC-BELGIUM has been active since 1988 and the Belgian State Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €2.3m and a net result of €332,700. Equity is shrinking by ~6.4% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Activity
Manufacture of electrical equipment
NACE 27120NACE 31200Wholesale of electrical equipment, including installation materials NACE 46643
#8 oldest company in Limburg, Electrical equipment sector1 site
Size
€7.6mturnover 2026
Staff
9.8 FTE
Equity
€2.3m
Profit
€332,700
Financial health
93 Excellent Checked score 2026
Bankruptcy chance 12 m
0.1%
Structure
Parent
Bartec GbmH
Auditor: Foederer Bedrijfsrevisoren BVAccounts 153 d early1 of 15 deeds read
Why 93+ Size: turnover €7.6m, 9.8 FTE, total assets €4.3m+ Founded in 1988+ Profit of €332,700 (FY 2026)+ Equity €2.3m (52.7% of total assets)Show the evidence

Checked score

Score 2026
93 / 100
Excellent
Probability in this band: under 0.55%
Better than 44% of its sector peers (NACE 27, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2025
Strong
Solvency 78+4
equity 52.7% of total assets
Liquidity 39-27
short-term debt 44.8% · cash 9.0%
Profitability 68-9
return on assets 7.7%
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.6% (432 companies)
Last 24 months 11-2024: 0.1% 12-2024: 0.1%● 0.0% vs 11-2024 01-2025: 0.1%● 0.0% vs 12-2024 02-2025: 0.1%● 0.0% vs 01-2025 03-2025: 0.1%● 0.0% vs 02-2025 04-2025: 0.1%● 0.0% vs 03-2025 05-2025: 0.1%● 0.0% vs 04-2025 06-2025: 0.1%▼ -5.3% vs 05-2025 07-2025: 0.1%▲ +22.2% vs 06-2025 08-2025: < 0.1%▼ -42.4% vs 07-2025lowest value 09-2025: < 0.1%● 0.0% vs 08-2025lowest value 10-2025: < 0.1%● 0.0% vs 09-2025lowest value 11-2025: < 0.1%● 0.0% vs 10-2025lowest value 12-2025: < 0.1%● 0.0% vs 11-2025lowest value 01-2026: < 0.1%● 0.0% vs 12-2025lowest value 02-2026: < 0.1%● 0.0% vs 01-2026lowest value 03-2026: < 0.1%● 0.0% vs 02-2026lowest value 04-2026: < 0.1%● 0.0% vs 03-2026lowest value 05-2026: < 0.1%● 0.0% vs 04-2026lowest value 06-2026: < 0.1%● 0.0% vs 05-2026lowest value 07-2026: 0.1%▲ +100% vs 06-2026highest value 08-2026: 0.1%● 0.0% vs 07-2026highest value 09-2026: 0.1%● 0.0% vs 08-2026highest value 10-2026: 0.1%● 0.0% vs 09-2026highest value
  • Size: turnover €7.6m, 9.8 FTE, total assets €4.3m lowers the probability for this profile
  • Founded in 1988 lowers the probability for this profile
  • Profit of €332,700 (FY 2026) lowers the probability
  • Equity €2.3m (52.7% of total assets) lowers the probability
Credit up to €210,000 at 30 days acceptable
Liquidity ample (current ratio 2.1 against 1.95 in 2025; short-term debt: 44.8% and cash: 9% of total assets), and 47.3% of the assets are financed with debt.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

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%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 27, micro). Better than this share of them on solvency 56%, liquidity 31%, profitability 45%, growth against the median 43%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 03-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

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Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Size: turnover €7.6m, 9.8 FTE, total assets €4.3m
In the bankruptcy model this factor lowers the probability for this profile.
NBB · annual accounts
lowers risk · Founded in 1988
In the bankruptcy model this factor lowers the probability for this profile.
KBO
lowers risk · Profit of €332,700 (FY 2026)
In the bankruptcy model this factor lowers the probability.
NBB · annual accounts
lowers risk · Equity €2.3m (52.7% of total assets)
In the bankruptcy model this factor lowers the probability.
NBB · annual accounts
lowers risk · Growing equity
Reported equity is higher than in 2024 and did not fall compared with 2025. These amounts do not establish the cause of the change.
NBB · annual accounts 2026
Equity per financial year
1920212223242526
2019 to 2026 · latest year €2.3m
neutral · Latest accounts filed on time
The financial year that closed on 30-04-2026 was due by 30-11-2026 and was filed on 30-06-2026, 153 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2026
153 d early
2025
150 d early
2024
149 d early
2023
24 d early
2022
76 d early
2021
133 d early
2020
145 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 119 days before the deadline; the sector median for financial year 2024 is 6 days before the deadline, and 37% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-04-2027 and is due by 30-11-2027. Nothing is late today. Usually files around 4 July (4 of the last 5 filed years within 73 days of that day).
Companies Code · seven months
Position in the running window
04-10-2026 today30-04-2027 close30-11-2027 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
  1. Reappointment: BV Foederer Bedrijfsrevisoren (statutory auditor)Permanent representative: Pascal Daelemans
  2. Annual accounts filedfiscal year 2026 · full…
  3. Equity above €2mEq €2.3m ▲17%

Key points

  • Positive: Oldest company in Limburg, Electrical equipment sectorin the Checked rankings #8 View
  • Positive: Always filed on timeaccounts within the deadline every year 8 years View
  • Positive: 8 profitable years in a rowprofit 2026: €332,700 8 years View
  • Caution: Result fell in 2026from €555,053 to €332,700 ▼ 40.1% View
  • Controlled by Bartec GbmH parent View

By topic

Financials

Fiscal year
2026
Turnover
€7.6m
Profit
€332,700
Solvency
52.7%
Turnover▼ 11.8%
Net result
20192026
Go to Financials

Timeline

Events
14
Since
2017
Next accounts
by 30-11-2027
  1. 01-09-2026Reappointment: BV Foederer Bedrijfsrevisoren (statutory auditor)
  2. 30-06-2026Annual accounts filed
  3. 30-04-2026Equity above €2m
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Manufacture of electrical equipmentNACE 27120
Founded
08-09-1988
Year ends
30-04
Peppol
Reachable for e-invoices
Go to Company details

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