BARVAUX
ActiveBARVAUX has been active since 1986 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-175k) and a net result of €-256k. Equity is shrinking by ~36% per year across the filed fiscal years. Its solvency ranks better than 9% of 4137 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
28
/ 100
Weak
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0=
Solvency15▼-13
Growth22=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.91 against 1.0 in 2024; short-term debt: 109.9% and cash: 0.2% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Nine signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
-9.9%
Return on assets
-14.4%
Age of the figures
9 mo
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
18192122232425
2018 to 2025 · latest year €-175k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
31 d late
2024
293 d late
2023
333 d late
2022
216 d late
2021
31 d late
2020
282 d late
2019
99 d late
← 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
18-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
€91k▼ 96.7%
2024 · €2.79M
2018: €55.35M
2019: €40.86M
2021: €19.71M
2022: €20.66M
2023: €17.88M
2024: €2.79M
2018 → 2025
EBIT margin
-146.5%▼ 119.4pp
2024 · -27.1%
2018: 0.6%
2019: -0.8%
2021: -3.8%
2022: 2.3%
2023: -2.6%
2024: -27.1%
2018 → 2025
Net result
€-256k▲ 75.1%
2024 · €-1.03M
2018: €198k
2019: €-425k
2021: €-868k
2022: €353k
2023: €-670k
2024: €-1.03M
2018 → 2025
Working capital
€-175k▼ 9,490%
2024 · €-2k
2018: €1.90M
2019: €1.57M
2021: €-191k
2022: €1.51M
2023: €1.12M
2024: €-2k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€19.71M-€20.66M▲ 4.8%€17.88M▼ 13.5%€2.79M▼ 84.4%€91k▼ 96.7%
Equity€524k-€1.78M▲ 239%€1.11M▼ 37.7%€81k▼ 92.7%€-175k
Operating result€-748k-€470k€-472k€-757k▼ 60.3%€-133k▲ 82.4%
Net result€-868k-€353k€-670k€-1.03M▼ 53.4%€-256k▲ 75.1%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €133k in 2025 against €757k in 2024; the loss shrinks.
Key figures and ratios
EBITDA
€-117k▲
2024 · €-719k
Cash flow
€-240k▲
2024 · €-989k
Solvency
-9.9%▼
2024 · 3.0%
Current ratio
0.91▼
2024 · 1.00
Quick ratio
0.91▼
2024 · 0.97
Debt / equity
-11.13▼
2024 · 32.46
ROA
-14.4%▲
2024 · -38.1%
Interest coverage
-0.99▲
2024 · -5.22
Debt
€1.95M▼
2024 · €2.62M
Debt ≤ 1 year
€1.95M▼
2024 · €2.60M
Income taxes
€0▼
2024 · €123k
Staff costs
€25k▼
2024 · €398k
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€2.70M€1.78M▼
Fixed assets21/28€101k€0▼
Intangible fixed assets21-€0
Tangible fixed assets22/27€73k€0▼
Plant, machinery and equipment23€4k€0▼
Furniture and vehicles24€1k€0▼
Other tangible fixed assets26€68k€0▼
Financial fixed assets28€27k€0▼
Other financial fixed assets284/8€27k€0▼
Amounts receivable and cash guarantees285/8€27k€0▼
Current assets29/58€2.60M€1.78M▼
Stocks and contracts in progress3€67k€0▼
Stocks30/36€67k€0▼
Goods purchased for resale34€67k€0▼
Amounts receivable within one year40/41€2.45M€1.77M▼
Trade receivables40€1.60M€1.74M▲
Other amounts receivable41€849k€37k▼
Cash at bank and in hand54/58€82k€3k▼
Deferred charges and accrued income490/1€850-
Equity and liabilities
Total equity and liabilities10/49€2.70M€1.78M▼
Equity10/15€81k€-175k▼
Contributions10/11€199k€199k=
Capital10€199k€199k=
Issued capital100€199k€199k=
Reserves13€921k€921k=
Non-distributable reserves130/1€20k€20k=
Legal reserve130€20k€20k=
Tax-exempt reserves132€55k€0▼
Distributable reserves133€846k€901k▲
Profit (loss) carried forward14€-1.04M€-1.30M▼
Provisions and deferred taxes16-€0
Provisions for liabilities and charges160/5-€0
Amounts payable17/49€2.62M€1.95M▼
Amounts payable within one year42/48€2.60M€1.95M▼
Financial debts43€2.22M€1.84M▼
Credit institutions430/8€2.22M€1.84M▼
Trade debts44€212k€109k▼
Suppliers440/4€212k€109k▼
Taxes, remuneration and social security45€165k€2k▼
Taxes450/3€130k€802▼
Remuneration and social security454/9€35k€1k▼
Other amounts payable47/48€52-
Accrued charges and deferred income492/3€18k€0▼
Income statement
Code20242025
Operating income70/76A€2.83M€133k▼
Turnover70€2.79M€91k▼
Other operating income74€37k€43k▲
Operating charges60/66A€3.59M€267k▼
Goods for resale, raw materials and consumables60€2.88M€151k▼
Purchases600/8€1.03M€48▼
Change in stocks: decrease (increase)609€1.85M€151k▼
Services and other goods61€573k€99k▼
Remuneration, social security and pensions62€398k€25k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€38k€16k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€-249k€-103k▲
Provisions for liabilities and charges: additions (uses and reversals)635/8€-123k-
Other operating charges640/8€70k€21k▼
Non-recurring operating charges66A-€57k
Operating profit (loss)9901€-757k€-133k▲
Financial income75/76B€778€40▼
Recurring financial income75€778€40▼
Income from current assets751€699€40▼
Other financial income752/9€79-
Financial charges65/66B€147k€123k▼
Recurring financial charges65€147k€123k▼
Debt charges650€138k€118k▼
Other financial charges652/9€10k€5k▼
Profit (loss) for the period before taxes9903€-904k€-256k▲
Income taxes67/77€123k€0▼
Taxes670/3€123k-
Tax adjustments and reversals of tax provisions77-€0
Profit (loss) for the period9904€-1.03M€-256k▲
Transfer from tax-exempt reserves789-€55k
Profit (loss) for the period to be appropriated9905€-1.03M€-201k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-1.04M€-1.24M▼
Profit (loss) brought forward from the previous period14P€-12k€-1.04M▼
Transfer to equity691/2-€55k
To other reserves6921-€55k
Social balance
Average headcount (FTE)908710.6-
The notes to these accounts (32 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
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · full schema · 31 days late
20-05
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 293 days late
2025
29-06
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 333 days late
2024
31-12
Financial
Weakest financial yearnet €-1.03M
Net result drops to €-1.03M, the lowest in the series; recovery starts the following year.
03-03
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 216 days late
2022
31-12
Financial
Back to profitnet €353k
Net result €353k after 2 loss-making years.
31-12
Financial
Equity above €1MEq €1.78M ▲239%
Equity rises from €524k to €1.78M.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 31 days late
09-05
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 282 days late
2020
07-11
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 99 days late
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 30 days late
2018
26-04
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
31-03
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
14 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, Herstal · 1 establishment unit since 1986
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.
Boulevard Zénobe Gramme 354040 HerstalGround area
9,627 m²
Building footprint
1,519 m²
Volume, LiDAR
9,469 m³
2 parcels, Wallonia · tallest building 8.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Rue des Vennes 1, 4020 Liège
since 19862.034.571.436
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62806C0096/00K002 | Wallonia | 9,394 m² | 1 · 1,471 m² | 8.5 m · 2 fl. |
| 62051D0984/00E002indicative | Wallonia | 233 m² | 1 · 48 m² | 8.3 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
1 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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POWER DIAG
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CarSupply
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SUNHOUSE KONTICH
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Of 10,677 companies in sector 47811 we hold annual accounts for 5,222. 3,550 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded24-10-1986
Fiscal year end31-12
Activities, NACEBEL
47811Retail sale of cars and light vans (up to 3.5 tonnes)
50103
Sources
Crossroads Bank for EnterprisesNational Bank · 38 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.