BARTIC
Open bankruptcyA bankruptcy procedure is open for BARTIC according to publications in the Belgian State Gazette. The 2024 annual accounts show equity of €171k and a net result of €-774.
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 31-07-2025, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
on the day
2023
7 d early
2022
32 d early
2021
13 d early
2020
55 d late
2019
13 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€171k▼ 0.5%
2023 · €172k
2018: €81k
2019: €79k
2020: €72k
2021: €89k
2022: €174k
2023: €172k
2018 → 2024
Total assets
€342k▲ 18.0%
2023 · €290k
2018: €154k
2019: €126k
2020: €169k
2021: €155k
2022: €208k
2023: €290k
2018 → 2024
Net result
€-774▲ 65.0%
2023 · €-2k
2018: €-3k
2019: €-2k
2020: €-7k
2021: €17k
2022: €85k
2023: €-2k
2018 → 2024
Working capital
€193k▲ 33.8%
2023 · €145k
2018: €52k
2019: €59k
2020: €55k
2021: €99k
2022: €174k
2023: €145k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€72k-€89k▲ 23.3%€174k▲ 95.7%€172k▼ 1.3%€171k▼ 0.5%
Operating result€-6k-€19k€109k▲ 480%€-4k€7k
Net result€-7k-€17k€85k▲ 406%€-2k€-774▲ 65.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €7k after a loss of €4k in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €334k
Fixed assets
€79k▼ 4.9%
Current assets
€255k▲ 29.0%
Equity and liabilities €342k
Equity
€171k▼ 0.5%
Debt
€171k▲ 44.9%
The debt ratio rises from 40.8% to 50.1%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€17k▲
2023 · €-2k
Cash flow
€9k▲
2023 · €323
Solvency
49.9%▼
2023 · 59.2%
Current ratio
4.14▲
2023 · 3.72
Quick ratio
4.01▲
2023 · 3.57
Debt / equity
1.00▲
2023 · 0.69
ROE
-0.5%▲
2023 · -1.3%
ROA
-0.2%▲
2023 · -0.8%
Interest coverage
2.22▲
2023 · -0.78
Debt
€171k▲
2023 · €118k
Debt ≤ 1 year
€62k▲
2023 · €53k
Debt > 1 year
€110k▲
2023 · €65k
Income taxes
€771
Staff costs
€77k▲
2023 · €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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€290k€342k▲
Formation expenses20€9k€8k▼
Fixed assets21/28€83k€79k▼
Intangible fixed assets21€24k€22k▼
Tangible fixed assets22/27€59k€57k▼
Plant, machinery and equipment23€56k€51k▼
Other tangible fixed assets26€3k€6k▲
Current assets29/58€198k€255k▲
Amounts receivable after more than one year29€132k€132k=
Other amounts receivable291€132k€132k=
Stocks and contracts in progress3€8k€8k▼
Stocks30/36€8k€8k▼
Amounts receivable within one year40/41€19k€91k▲
Trade receivables40€6k€6k▼
Other amounts receivable41€13k€85k▲
Cash at bank and in hand54/58€30k€14k▼
Deferred charges and accrued income490/1€8k€11k▲
Equity and liabilities
Total equity and liabilities10/49€290k€342k▲
Equity10/15€172k€171k▼
Contributions10/11€8k€8k=
Reserves13€60k€60k=
Tax-exempt reserves132€20k€20k=
Distributable reserves133€40k€40k=
Profit (loss) carried forward14€104k€103k▼
Amounts payable17/49€118k€171k▲
Amounts payable after more than one year17€65k€110k▲
Financial debts170/4€65k€110k▲
Amounts payable within one year42/48€53k€62k▲
Current portion of amounts payable after more than one year42€10k€27k▲
Trade debts44€17k€21k▲
Suppliers440/4€17k€21k▲
Taxes, remuneration and social security45€25k€13k▼
Taxes450/3€20k€8k▼
Remuneration and social security454/9€5k€5k▼
Other amounts payable47/48€1k€2k▲
Accrued charges and deferred income492/3€240-
Income statement
Code20232024
Remuneration, social security and pensions62€19k€77k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€10k▲
Other operating charges640/8€815€3k▲
Gross operating margin9900€18k€96k▲
Operating profit (loss)9901€-4k€7k▲
Financial income75/76B€5k€3k▼
Recurring financial income75€5k€3k▼
Financial charges65/66B€2k€10k▲
Recurring financial charges65€2k€7k▲
Non-recurring financial charges66B-€2k
Profit (loss) for the period before taxes9903€-2k€-3▲
Income taxes67/77-€771
Profit (loss) for the period9904€-2k€-774▲
Profit (loss) for the period to be appropriated9905€-2k€-774▲
Appropriation of the result
Profit (loss) to be appropriated9906€104k€103k▼
Profit (loss) brought forward from the previous period14P€106k€104k▼
Transfer from equity791/2€2k-
Transfer to equity691/2€2k-
To contributions691€2k-
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
09-04
Bankruptcy
Opening
Ondernemingsrechtbank Gent, afdeling Brugge · BARTIC BV DE KLOKKE- NOORD 29, 8200 BRUGGE · event 02-04-2026
2025
31-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
24-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
29-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Highest result since 2018net €85k ▲406%
Operating result €109k, net result €85k, both a record.
31-12
Financial
Equity above €150kEq €174k ▲95.7%
2 profitable years in a row build equity to €174k.
18-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €17k
Net result €17k after 3 loss-making years.
31-12
Financial
Liquidity doublescurrent ratio 3.41
Current ratio from 1.57 to 3.41; short-term debt falls from €97k to €41k.
24-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 55 days late
2020
31-12
Financial
Weakest financial yearnet €-7k
Net result drops to €-7k, the lowest in the series.
13-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 13 days late
2019
27-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
29-05
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
01-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 1 day late
2016
31-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 31 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Brugge · 2 establishment units since 2002
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.
De Klokke-Noord 298200 BruggeGround area
454 m²
Building footprint
219 m²
Volume, LiDAR
1,428 m³
2 parcels, Flanders · tallest building 11.2 m, ±2 floors. Linked by address, not a title deed.
2 establishment units
BARTIC
since 20022.100.534.406
Bartic
since 20232.349.418.984
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31027D0470/00H006 | Flanders | 232 m² | 1 · 93 m² | 11.2 m · 2 fl. |
| 31802B0321/00F000 | Flanders | 222 m² | 1 · 126 m² | 10.5 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.
Insolvency mandates
2 mandates| Role | Name | Tenure |
|---|---|---|
| Curator | YVES CASTERMANS HOUTKAAI 15/02, 8000 BRUGGE- |
02-04-2026 → present |
| Curator | MARC CASTERMANS HOUTKAAI 15/02, 8000 BRUGGE- marc.castermans@castermans-
advocaten.be |
02-04-2026 → present |
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Of 20,494 companies in sector 56111 we hold annual accounts for 11,455. 8,848 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded20-02-2002
Fiscal year end31-12
Activities, NACEBEL
55301
56101Full-service restaurants
56111Full-service restaurants
Sources
Crossroads Bank for EnterprisesNational Bank · 23 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.