Skip to content

Barter Chiropractic

Active
Private limited companyfounded 2025active for 1 yearRue de la Synagogue 26, 6700 Arlon, BelgiumKBO/BCE: BE 1019.787.724
Summary

Barter Chiropractic has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €5,715 and a net result of €3,715. Its solvency ranks better than 17% of 20,649 sector peers (NACE 86, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Financials · financial year 2025, micro format

2025 annual accounts filed late (26 days) Filed on 26 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00429528.

Turnover
≈ €100,000
Estimated: probably between €66,000 and €180,000
Total assets
€39,718
Net result
€3,715
Working capital
-€17,008

Turnover and EBIT margin not published: the micro format does not require them. The turnover shown is an estimate from the gross margin.

Balance-sheet composition
Assets €39,718
Fixed assets €22,723
Current assets €16,995
Equity and liabilities €39,718
Equity €5,715
Debt €34,003
Debt finances 85.6% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€15,871
Cash flow
€13,019
Current ratio
0.50
Debt to equity
5.95
ROE
65.0%
ROA
9.4%
Interest coverage
29.49
Debt ≤ 1 year
€34,003
Income taxes
€2,314

Peer companies

Historical observation

Of the 2,390 companies that looked in July 2024 the way this one looks now, 1.2% went bankrupt within 24 months and 96.7% are still going.

  • Micro
  • under 2 years old
  • solvency 10 to 30%
  • a profit of 5% of the balance sheet or more
1.2% went bankrupt
2.0% stopped otherwise
96.7% still going

A further 0.2% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a lower bankruptcy probability: < 0.1% 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 497,445 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% 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 2,390 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 · 36 lines
Balance sheet Code2025
Assets
Total assets20/58€39,718
Fixed assets21/28€22,723
Tangible fixed assets22/27€22,723
Plant, machinery and equipment23€10,223
Furniture and vehicles24€12,500
Current assets29/58€16,995
Amounts receivable within one year40/41€4,986
Trade receivables40€300
Other amounts receivable41€4,686
Cash at bank and in hand54/58€10,730
Deferred charges and accrued income490/1€1,278
Equity and liabilities
Total equity and liabilities10/49€39,718
Equity10/15€5,715
Contributions10/11€2,000
Profit (loss) carried forward14€3,715
Amounts payable17/49€34,003
Amounts payable within one year42/48€34,003
Trade debts44€15,100
Suppliers440/4€15,100
Taxes, remuneration and social security45€3,864
Taxes450/3€3,000
Remuneration and social security454/9€864
Other amounts payable47/48€15,039
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9,304
Other operating charges640/8€400
Gross operating margin9900€16,270
Operating profit (loss)9901€6,566
Financial income75/76B€1
Recurring financial income75€1
Financial charges65/66B€538
Recurring financial charges65€538
Profit (loss) for the period before taxes9903€6,029
Income taxes67/77€2,314
Profit (loss) for the period9904€3,715
Profit (loss) for the period to be appropriated9905€3,715
Appropriation of the result
Profit (loss) to be appropriated9906€3,715

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€9,304
Other operating charges640/8€400
Gross operating margin9900€16,270
Operating profit (loss)9901€6,566
Financial income75/76B€1
Recurring financial income75€1
Financial charges65/66B€538
Recurring financial charges65€538
Profit (loss) for the period before taxes9903€6,029
Income taxes67/77€2,314
Profit (loss) for the period9904€3,715
Profit (loss) for the period to be appropriated9905€3,715
Line2025
Assets
Total assets20/58€39,718
Fixed assets21/28€22,723
Tangible fixed assets22/27€22,723
Plant, machinery and equipment23€10,223
Furniture and vehicles24€12,500
Current assets29/58€16,995
Amounts receivable within one year40/41€4,986
Trade receivables40€300
Other amounts receivable41€4,686
Cash at bank and in hand54/58€10,730
Deferred charges and accrued income490/1€1,278
Equity and liabilities
Total equity and liabilities10/49€39,718
Equity10/15€5,715
Contributions10/11€2,000
Profit (loss) carried forward14€3,715
Amounts payable17/49€34,003
Amounts payable within one year42/48€34,003
Trade debts44€15,100
Suppliers440/4€15,100
Taxes, remuneration and social security45€3,864
Taxes450/3€3,000
Remuneration and social security454/9€864
Other amounts payable47/48€15,039
Line2025
Profit (loss) for the period9904€3,715
+ Depreciation and write-downs630€9,304
Operating cash flow (approximation)€13,019

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
31-12-2025 micro format 26-08-2026 2026-00429528

Similar companies · same sector, comparable size

Of the 12,614 active companies whose main activity is physiotherapy (NACE 86951), figures are known for 2,250. 1,247 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.