Bartel
ActiveBartel has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €245k and a net result of €62k. Equity is growing by ~3.5% per year across the filed fiscal years. Its solvency ranks better than 54% of 31510 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
98
/ 100
Excellent▲ +12 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+52
Solvency99▼-1
Growth52=
Stability100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €24k at 30 days acceptable
Liquidity ample (current ratio 2.39 against 23.45 in 2024), and 39.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
60.6%
Return on assets
15.4%
Age of the figures
14 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 05-09-2025, 148 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
148 d early
2024
101 d early
2023
2 d early
2022
on the day
2021
3 d early
2020
25 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close13-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€245k▼ 26.1%
2024 · €331k
2020: €137k
2021: €299k
2022: €481k
2023: €299k
2024: €331k
2020 → 2025
Total assets
€404k▲ 15.1%
2024 · €351k
2020: €177k
2021: €380k
2022: €551k
2023: €416k
2024: €351k
2020 → 2025
Net result
€62k▲ 96.7%
2024 · €32k
2020: €117k
2021: €162k
2022: €182k
2023: €82k
2024: €32k
2020 → 2025
Working capital
€222k▼ 26.8%
2024 · €303k
2020: €130k
2021: €268k
2022: €439k
2023: €265k
2024: €303k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€299k-€481k▲ 60.8%€299k▼ 37.8%€331k▲ 10.5%€245k▼ 26.1%
Operating result€234k-€242k▲ 3.3%€100k▼ 58.6%€51k▼ 49.5%€88k▲ 73.1%
Net result€162k-€182k▲ 12.1%€82k▼ 55.2%€32k▼ 61.3%€62k▲ 96.7%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 73% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €404k
Fixed assets
€23k▼ 33.1%
Current assets
€381k▲ 20.3%
Equity and liabilities €404k
Equity
€245k▼ 26.1%
Debt
€159k▲ 705%
The debt ratio rises from 5.6% to 39.4%: debt grows while equity shrinks.
Key figures and ratios
EBITDA
€103k▲
2024 · €67k
Cash flow
€77k▲
2024 · €48k
Solvency
60.6%▼
2024 · 94.4%
Current ratio
2.39▼
2024 · 23.45
Quick ratio
2.39▼
2024 · 23.45
Debt / equity
0.65▲
2024 · 0.06
ROE
25.4%▲
2024 · 9.5%
ROA
15.4%▲
2024 · 9.0%
Interest coverage
96.94▲
2024 · 27.66
Debt
€159k▲
2024 · €20k
Debt ≤ 1 year
€159k▲
2024 · €14k
Debt > 1 year
€0▼
2024 · €6k
Income taxes
€25k▲
2024 · €19k
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€351k€404k▲
Fixed assets21/28€34k€23k▼
Tangible fixed assets22/27€34k€23k▼
Land and buildings22€7k€6k▼
Plant, machinery and equipment23€0-
Furniture and vehicles24€27k€17k▼
Current assets29/58€317k€381k▲
Amounts receivable within one year40/41€73k€93k▲
Trade receivables40€11k€93k▲
Other amounts receivable41€62k€260▼
Current investments50/53€76k€100k▲
Cash at bank and in hand54/58€159k€179k▲
Deferred charges and accrued income490/1€9k€9k▲
Equity and liabilities
Total equity and liabilities10/49€351k€404k▲
Equity10/15€331k€245k▼
Contributions10/11€20k€20k=
Reserves13€311k€225k▼
Distributable reserves133€311k€225k▼
Profit (loss) carried forward14€0€0=
Amounts payable17/49€20k€159k▲
Amounts payable after more than one year17€6k€0▼
Financial debts170/4€6k€0▼
Amounts payable within one year42/48€14k€159k▲
Current portion of amounts payable after more than one year42€9k€6k▼
Trade debts44€3k€2k▼
Suppliers440/4€3k€2k▼
Taxes, remuneration and social security45€2k€31k▲
Taxes450/3€2k€31k▲
Other amounts payable47/48€0€120k▲
Income statement
Code20242025
Non-recurring operating income76A€0-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€16k€15k▼
Other operating charges640/8€11k€597▼
Gross operating margin9900€78k€103k▲
Operating profit (loss)9901€51k€88k▲
Financial income75/76B€2k€1▼
Recurring financial income75€2k€1▼
Financial charges65/66B€2k€1k▼
Recurring financial charges65€2k€1k▼
Profit (loss) for the period before taxes9903€50k€87k▲
Income taxes67/77€19k€25k▲
Profit (loss) for the period9904€32k€62k▲
Profit (loss) for the period to be appropriated9905€32k€62k▲
Appropriation of the result
Profit (loss) to be appropriated9906€32k€62k▲
Profit (loss) brought forward from the previous period14P€0-
Transfer from equity791/2-€148k
Transfer to equity691/2€32k€62k▲
To other reserves6921€32k€62k▲
Profit to be distributed694/7€0€148k▲
Return on contributions (dividend)694€0€148k▲
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2025
05-09
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2024
22-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
30-06
Financial
Weakest financial yearnet €32k ▼61.3%
Net result drops to €32k, the lowest in the series; recovery starts the following year.
30-06
Financial
Liquidity times 6current ratio 23.45
Current ratio from 3.62 to 23.45; short-term debt falls from €101k to €14k.
29-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-06
Financial
Highest result since 2020net €182k ▲12.1%
Operating result €242k, net result €182k, both a record.
28-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-06
Financial
Equity above €200kEq €299k ▲119%
2 profitable years in a row build equity to €299k.
06-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Gent · 1 establishment unit since 2019
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Raf Verhaeststraat 349050 GentGround area
304 m²
Building footprint
103 m²
Volume, LiDAR
236 m³
Parcel 44362B0150/00L000, Flanders · tallest building 9.2 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Bartel
since 20192.289.410.628
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44362B0150/00L000 | Flanders | 304 m² | 1 · 103 m² | 9.2 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.
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Of 82,218 companies in sector 70200 we hold annual accounts for 52,395. 38,883 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded09-05-2019
Fiscal year end30-06
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.