BARTHO CONCEPT
ActiveBARTHO CONCEPT has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €52k and a net result of €12k. Equity is growing by ~13.9% per year across the filed fiscal years. Its solvency ranks better than 76% of 4477 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2025
86
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability88▲+19
Solvency90▲+17
Growth78=
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4k at 30 days acceptable
Liquidity ample (current ratio 2.49 against 1.13 in 2024; short-term debt: 26.5% and cash: 60.5% of total assets), and 34.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 81
Relative position
BE, all sectors
reference
Sector 81
higher
← fewer bankruptcies
more bankruptcies →
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
65.1%
Return on assets
15.6%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 14-07-2026, 17 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
17 d early
2024
28 d early
2023
30 d late
2022
27 d late
2021
34 d early
2020
40 d early
2019
14 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
22-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€52k▲ 31.6%
2024 · €39k
2018: €20k
2019: €19k
2020: €44k
2021: €58k
2022: €56k
2023: €39k
2024: €39k
2018 → 2025
Total assets
€79k▼ 2.5%
2024 · €81k
2018: €41k
2019: €38k
2020: €103k
2021: €106k
2022: €138k
2023: €90k
2024: €81k
2018 → 2025
Net result
€12k▲ 3,329%
2024 · €361
2018: €-5k
2019: €-931
2020: €27k
2021: €14k
2022: €9k
2023: €-17k
2024: €361
2018 → 2025
Working capital
€31k▲ 764%
2024 · €4k
2018: €8k
2019: €7k
2020: €17k
2021: €27k
2022: €3k
2023: €-8k
2024: €4k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€58k-€56k▼ 2.6%€39k▼ 30.8%€39k▲ 0.9%€52k▲ 31.6%
Operating result€17k-€12k▼ 30.0%€-15k€2k€14k▲ 543%
Net result€14k-€9k▼ 39.5%€-17k€361€12k▲ 3,329%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 543% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €79k
Fixed assets
€27k▼ 46.0%
Current assets
€52k▲ 66.4%
Equity and liabilities €79k
Equity
€52k▲ 31.6%
Debt
€28k▼ 34.2%
The debt ratio falls from 51.7% to 34.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€37k▲
2024 · €29k
Cash flow
€36k▲
2024 · €27k
Solvency
65.1%▲
2024 · 48.3%
Current ratio
2.49▲
2024 · 1.13
Quick ratio
2.49▲
2024 · 1.12
Debt / equity
0.54▼
2024 · 1.07
ROE
24.0%▲
2024 · 0.9%
ROA
15.6%▲
2024 · 0.4%
Interest coverage
31.97▲
2024 · 18.75
Debt
€28k▼
2024 · €42k
Debt ≤ 1 year
€21k▼
2024 · €28k
Debt > 1 year
€7k▼
2024 · €14k
Income taxes
€-3▼
2024 · €213
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€81k€79k▼
Fixed assets21/28€50k€27k▼
Tangible fixed assets22/27€50k€27k▼
Land and buildings22€124€0▼
Plant, machinery and equipment23€10k€1k▼
Furniture and vehicles24€39k€25k▼
Other tangible fixed assets26€968€484▼
Current assets29/58€31k€52k▲
Stocks and contracts in progress3€330-
Stocks30/36€330-
Amounts receivable within one year40/41€26k€3k▼
Trade receivables40€26k€3k▼
Other amounts receivable41€785-
Cash at bank and in hand54/58€4k€48k▲
Deferred charges and accrued income490/1€398€1k▲
Equity and liabilities
Total equity and liabilities10/49€81k€79k▼
Equity10/15€39k€52k▲
Contributions10/11€6k€6k=
Reserves13€32k€32k=
Distributable reserves133€32k€32k=
Profit (loss) carried forward14€1k€14k▲
Amounts payable17/49€42k€28k▼
Amounts payable after more than one year17€14k€7k▼
Financial debts170/4€14k€7k▼
Amounts payable within one year42/48€28k€21k▼
Current portion of amounts payable after more than one year42€15k€8k▼
Trade debts44€2k€2k▼
Suppliers440/4€2k€2k▼
Taxes, remuneration and social security45€7k€7k▼
Taxes450/3€7k€5k▼
Remuneration and social security454/9-€2k
Other amounts payable47/48€4k€5k▲
Accrued charges and deferred income492/3€66€67▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€27k€23k▼
Other operating charges640/8€1k€2k▲
Gross operating margin9900€30k€39k▲
Operating profit (loss)9901€2k€14k▲
Financial charges65/66B€2k€1k▼
Recurring financial charges65€2k€1k▼
Profit (loss) for the period before taxes9903€574€12k▲
Income taxes67/77€213€-3▼
Profit (loss) for the period9904€361€12k▲
Profit (loss) for the period to be appropriated9905€361€12k▲
Appropriation of the result
Profit (loss) to be appropriated9906€1k€14k▲
Profit (loss) brought forward from the previous period14P€785€1k▲
The notes to these accounts (10 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
2026
14-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Liquidity doublescurrent ratio 2.49
Current ratio from 1.13 to 2.49; short-term debt falls from €28k to €21k.
03-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €361
Net result €361 after one loss-making year.
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
31-12
Financial
Weakest financial yearnet €-17k ▼303%
Net result drops to €-17k, the lowest in the series; recovery starts the following year.
27-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 27 days late
2022
27-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
21-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Back to profitnet €27k
Net result €27k after 2 loss-making years.
17-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
19-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
26-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
20-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Silly · 1 establishment unit since 2013
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.
Chaussée de Soignies(Silly) 927830 SillyGround area
3,064 m²
Building footprint
259 m²
Volume, LiDAR
1,728 m³
2 parcels, Wallonia · tallest building 9.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Bartho concept
since 20132.224.152.887
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 55021B0303/00E000 | Wallonia | 1,593 m² | 1 · 168 m² | 9.4 m · 2 fl. |
| 55018A0493/00L000 | Wallonia | 1,471 m² | 1 · 91 m² | 6.9 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 21,218 companies in sector 81300 we hold annual accounts for 4,363. 3,614 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded06-11-2013
Fiscal year end31-12
Activities, NACEBEL
81300Landscape service activities
Sources
Crossroads Bank for EnterprisesNational Bank · 12 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesWebsite:www.barthoconcept.be
E-mail:barthoconcept@gmail.com