BARTHY
ActiveSummary
BARTHY has been active since 2008 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.0m and a net result of €17,574. Equity remains stable across the filed financial years (±0.9% per year). The computed 12-month bankruptcy probability is below 0.1% (very low).
Financials · financial year 2025, abbreviated format
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€17,574▲ 21.0%
2024 · €14,520
Working capital
€15,995
2024 · -€606
Trend over the years
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result stays negative: a loss of €14,426 in 2025 against €14,508 in 2024; the loss shrinks.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result-€0.01m
2025
Net result€0.02m
2025
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€2.0m
2025
Equity€2.0m
2025
Debt€0.04m
2025
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital€0.02m
2025
Use the arrow keys on the chart for the figures per year.
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022202320242025
Operating result-€0.02m--€0.02m▲ 6.7%-€0.01m▲ 5.5%-€0.01m▲ 16.6%-€0.01m▲ 8.4%-€0.02m▼ 44.1%-€0.01m▲ 10.4%-€0.01m▲ 0.6%
Net result€0.03m-€0.03m▲ 4.6%€0.9m▲ 3,264%€0.01m▼ 98.4%€0.004m▼ 68.8%€0.02m▲ 260%€0.01m▼ 10.1%€0.02m▲ 21.0%
Equity€1.0m-€1.0m▲ 2.7%€1.9m▲ 89.6%€1.9m▲ 0.8%€1.9m▲ 0.2%€1.9m▲ 0.8%€1.9m▲ 0.8%€2.0m▲ 0.9%
Total assets€4.7m-€4.8m▲ 0.8%€2.2m▼ 52.8%€2.3m▲ 1.1%€2.0m▼ 12.4%€2.0m▲ 0.9%€2.0m▼ 1.3%€2.0m▲ 1.2%
Debt€3.7m-€3.8m▲ 0.3%€0.3m▼ 90.7%€0.4m▲ 3.0%€0.07m▼ 79.4%€0.08m▲ 2.2%€0.03m▼ 54.3%€0.04m▲ 17.1%
Working capital€0.04m--€0.01m-€0.06m▼ 447%-€0.04m▲ 24.2%€0.005m€0.02m▲ 354%-€0.001m€0.02m
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.0m
Fixed assets
€2.0m =
Current assets
€28,552 ▲ 373%
Equity and liabilities €2.0m
Equity
€2.0m ▲ 0.9%
Debt
€40,416 ▲ 17.1%
Debt's share of the balance-sheet total rises from 1.7% to 2.0%. Equity and debt are higher.
Key figures and ratios
Current ratio
2.27▲
2024 · 0.91
Debt to equity
0.02▲
2024 · 0.02
ROE
0.9%▲
2024 · 0.7%
ROA
0.9%▲
2024 · 0.7%
Debt ≤ 1 year
€12,557▲
2024 · €6,647
Debt > 1 year
€27,817=
2024 · €27,817
Income taxes
€6,119▼
2024 · €6,438
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Other operating charges640/8 | - | - | - | €0.006m | €0.003m | €0.007m | €0.007m | €0.007m | ▼ 1.2% |
| Gross operating margin9900 | -€0.007m | -€0.007m | -€0.007m | -€0.007m | -€0.008m | -€0.009m | -€0.008m | -€0.008m | = |
| Operating profit (loss)9901 | -€0.02m | -€0.02m | -€0.01m | -€0.01m | -€0.01m | -€0.02m | -€0.01m | -€0.01m | ▲ 0.6% |
| Financial income75/76B | - | - | - | €0.03m | €0.02m | €0.04m | €0.04m | €0.04m | = |
| Recurring financial income75 | €0.05m | €0.05m | €1.2m | €0.03m | €0.02m | €0.04m | €0.04m | €0.04m | ▼ 2.6% |
| Non-recurring financial income76B | - | - | - | - | - | - | - | €0.001m | - |
| Financial charges65/66B | - | - | - | €250 | €468 | €490 | €0.003m | €490 | ▼ 84.5% |
| Recurring financial charges65 | €156 | €183 | €206 | €250 | €468 | €490 | €490 | €490 | = |
| Non-recurring financial charges66B | - | - | - | - | - | - | €0.003m | - | - |
| Profit (loss) for the period before taxes9903 | €0.04m | €0.04m | €1.2m | €0.02m | €0.008m | €0.02m | €0.02m | €0.02m | ▲ 13.1% |
| Income taxes67/77 | €0.01m | €0.01m | €0.3m | €0.005m | €0.003m | €0.006m | €0.006m | €0.006m | ▼ 4.9% |
| Profit (loss) for the period9904 | €0.03m | €0.03m | €0.9m | €0.01m | €0.004m | €0.02m | €0.01m | €0.02m | ▲ 21.0% |
| Profit (loss) for the period to be appropriated9905 | €0.03m | €0.03m | €0.9m | €0.01m | €0.004m | €0.02m | €0.01m | €0.02m | ▲ 21.0% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €4.7m | €4.8m | €2.2m | €2.3m | €2.0m | €2.0m | €2.0m | €2.0m | ▲ 1.2% |
| Fixed assets21/28 | €4.7m | €4.8m | €2.0m | €2.0m | €2.0m | €2.0m | €2.0m | €2.0m | = |
| Financial fixed assets28 | €4.7m | €4.8m | €2.0m | €2.0m | €2.0m | €2.0m | €2.0m | €2.0m | = |
| Current assets29/58 | €0.06m | €0.002m | €0.3m | €0.3m | €0.01m | €0.03m | €0.006m | €0.03m | ▲ 373% |
| Amounts receivable within one year40/41 | €0.003m | €0.002m | - | €0.1m | - | - | - | - | - |
| Other amounts receivable41 | - | - | - | €0.1m | - | - | - | - | - |
| Cash at bank and in hand54/58 | €0.06m | €89 | €0.3m | €0.2m | €0.01m | €0.03m | €0.006m | €0.03m | ▲ 373% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €4.7m | €4.8m | €2.2m | €2.3m | €2.0m | €2.0m | €2.0m | €2.0m | ▲ 1.2% |
| Equity10/15 | €1.0m | €1.0m | €1.9m | €1.9m | €1.9m | €1.9m | €1.9m | €2.0m | ▲ 0.9% |
| Contributions10/11 | €0.8m | €0.8m | - | €0.8m | €0.8m | €0.8m | €0.8m | €0.8m | = |
| Reserves13 | €0.008m | €0.009m | €0.009m | €0.009m | €0.009m | €0.009m | €0.009m | €0.009m | = |
| Non-distributable reserves130/1 | - | - | - | €0.009m | €0.009m | €0.009m | €0.009m | €0.009m | = |
| Reserves not available under the articles1311 | - | - | - | €0.009m | €0.009m | €0.009m | €0.009m | €0.009m | = |
| Profit (loss) carried forward14 | €0.1m | €0.2m | €1.1m | €1.1m | €1.1m | €1.1m | €1.1m | €1.1m | ▲ 1.6% |
| Amounts payable17/49 | €3.7m | €3.8m | €0.3m | €0.4m | €0.07m | €0.08m | €0.03m | €0.04m | ▲ 17.1% |
| Amounts payable after more than one year17 | €3.7m | €3.7m | €0.02m | €0.02m | €0.07m | €0.07m | €0.03m | €0.03m | = |
| Other amounts payable178/9 | - | - | - | €0.02m | €0.07m | €0.07m | €0.03m | €0.03m | = |
| Amounts payable within one year42/48 | €0.02m | €0.01m | €0.3m | €0.3m | €0.008m | €0.009m | €0.007m | €0.01m | ▲ 88.9% |
| Trade debts44 | €0.005m | - | €0.001m | €0.007m | €0.005m | €0.001m | €209 | - | - |
| Suppliers440/4 | - | - | - | €0.007m | €0.005m | €0.001m | €209 | - | - |
| Taxes, remuneration and social security45 | - | - | - | €0.3m | €0.002m | €0.008m | €0.006m | €0.01m | ▲ 95.1% |
| Taxes450/3 | - | - | - | €0.3m | €0.002m | €0.008m | €0.006m | €0.01m | ▲ 95.1% |
| Other amounts payable47/48 | - | - | - | €73 | €73 | - | - | - | - |
| Accrued charges and deferred income492/3 | - | - | - | €21 | €33 | €41 | €41 | €41 | ▲ 0.2% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €0.03m | €0.03m | €0.9m | €0.01m | €0.004m | €0.02m | €0.01m | €0.02m | ▲ 21.0% |
| Operating cash flow (approximation) | €0.03m | €0.03m | €0.9m | €0.01m | €0.004m | €0.02m | €0.01m | €0.02m | ▲ 21.0% |
| Investment in fixed assets (approximation) | - | -€0.1m | €2.8m | -€0 | €0 | €0 | €0.003m | -€0.001m | - |
| Change in cash | - | -€0.06m | €0.3m | -€0.08m | -€0.2m | €0.02m | -€0.02m | €0.02m | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 17 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | abbreviated format | 18-06-2026 | 2026-00172702 |
| 31-12-2024 | full format | 10-06-2025 | 2025-00137934 |
| 31-12-2023 | full format | 18-06-2024 | 2024-00155458 |
| 31-12-2022 | full format | 27-06-2023 | 2023-00170134 |
| 31-12-2021 | full format | 08-07-2022 | 2022-20163853 |
| 31-12-2020 | full format | 06-05-2021 | 2021-13500448 |
| 31-12-2019 | full format | 23-06-2020 | 2020-19400346 |
| 31-12-2018 | full format | 07-05-2019 | 2019-12500416 |
| 31-12-2017 | full format | 20-06-2018 | 2018-22300294 |
| 31-12-2016 | full format | 14-06-2017 | 2017-18000592 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.