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Checked score
Checked score
The higher the Checked score (0 to 100), the smaller the chance that the company goes bankrupt within twelve months. That chance sets the band, from Critical to Excellent, and within the band how the company does against its sector peers counts too. With a low score, agree a shorter payment term, an advance or security.
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Bankruptcy probability within 12 months
Bankruptcy probability
It is the chance that the company goes bankrupt within twelve months, estimated from the registers, the annual accounts and the Belgian Official Gazette. At 0.2%, about 2 in 1,000 comparable companies go bankrupt. The higher it is, the shorter the payment term to agree.
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Financial strength
Financial strength
Financial strength measures the balance sheet and the results with three figures out of 100 from the latest annual accounts: solvency, liquidity and profitability. It does not directly set the Checked score's band. How the company does against its sector peers on these and on growth does count for its place within the band.
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Score breakdown
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Comparable companies, two years later
In July 2024, 5,053 companies had the same profile as BARZA PROJECTS has now. Each dot stands for 13 companies, two years later.
93.9%
were still trading
3.9%
stopped another way
2.2%
went bankrupt
Micro
5 to 10 years old
solvency 30% or more
a profit under 5% of the balance sheet
Test of the method
The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
The companies in ten equal groups, from the lowest to the 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
2.9%
3.1%
10
5.6%
6.1%
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 5,053 companies, not a prediction for BARZA PROJECTS. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit verdict
The credit verdict says how much credit you can give the company on open account. “Acceptable” means normal terms, “With conditions” means limiting the amount or the term. “Not advised” means asking for payment up front.
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Sector peers are the companies with the same activity (NACE code) and, where stated, the same size, that the company is compared with. A percentile says how many of them do worse.
These companies have the same main activity as BARZA PROJECTS: cafés and bars (NACE 56301). They are comparable in size and age: total assets between €464,000 and €1.1m, founded between 2010 and 2021.
The company number of BARZA PROJECTS is 0666.667.835. The VAT number is the same number with BE in front: BE 0666.667.835.
Where is BARZA PROJECTS based?
The registered office is at Halensebaan 111, 3473 Kortenaken.Company details
What does BARZA PROJECTS do?
According to the KBO register, the main activity is cafés and bars (NACE 56301).
What is the legal form of BARZA PROJECTS?
BARZA PROJECTS is a private limited company (BV).
When was BARZA PROJECTS founded?
BARZA PROJECTS was founded on 24-11-2016.
Is BARZA PROJECTS still active?
Yes, BARZA PROJECTS is an active enterprise in the KBO register.
How many employees does BARZA PROJECTS have?
BARZA PROJECTS had an average of 0.3 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of BARZA PROJECTS?
The turnover in financial year 2025 is ≈ €390,000. This figure is estimated from the gross margin of €132,853 and 46 comparable companies (NACE 56301). It probably lies between €320,000 and €540,000.
Is BARZA PROJECTS profitable?
In financial year 2025, BARZA PROJECTS made a profit of €21,581.
Where can I find the annual accounts of BARZA PROJECTS?
BARZA PROJECTS filed 9 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of BARZA PROJECTS due?
BARZA PROJECTS must file the annual accounts for financial year 2026 by 31-07-2027.Timeline