EL BARKA
ActiveSummary
The computed 12-month bankruptcy probability of EL BARKA is 3.3% (moderate). The 2024 annual accounts show negative equity (-€54,007) and a net result of -€6,947. Equity is growing by ~5.8% per year across the filed fiscal years. Its solvency ranks better than 7% of 18940 sector peers (fiscal year 2024). The company has been active since 2006 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 1 administrative register entry (see administrative flags).
Checked score
Score 2024
Axes · tick = 2022
Profitability17▼-83
Solvency0=
Growth52▼-26
Track record92
Bankruptcy probability, 12 months
3.3%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.23 against 0.37 in 2022; short-term debt: 281.1% and cash: 47.2% of total assets), and equity is negative.
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Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Food and beverage service activities (NACE 56)
about 206% more bankruptcies
← 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 2024Solvency, return and age of the figures
Solvency
-181.1%
Return on assets
-23.3%
Age of the figures
21 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
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
181920212224
2018 to 2024 · latest year -€54,007
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 23-05-2026, 296 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
296 d late
2022
100 d late
2021
465 d late
2020
830 d late
2019
1195 d late
2018
107 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 499 days after the deadline; the sector median for financial year 2024 is 6 days after the deadline, and 52% of the sector filed late.
raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publicationsPublications
Strikeout withdrawn
History
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Financials · fiscal year 2024, micro schema
Equity
-€54,007▼ 12.9%
2022 · -€47,842
Total assets
€29,821▼ 16.8%
2022 · €35,836
Net result
-€6,947
2022 · €12,871
Working capital
-€64,389▼ 21.7%
2022 · -€52,928
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 56, Food and beverage service activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20192020202120222024
Operating result-€5,614€2,928€19,447▲ 564%€15,146▼ 22.1%-€6,164-
Net result-€7,084€2,378within the sector's middle half€19,073within the sector's middle half▲ 702%€12,871within the sector's middle half▼ 32.5%-€6,947below the sector's middle half-
Equity-€72,166▼ 10.9%-€69,787below the sector's middle half▲ 3.3%-€60,714below the sector's middle half▲ 13.0%-€47,842below the sector's middle half▲ 21.2%-€54,007below the sector's middle half-
Total assets€14,930▼ 15.5%€30,260below the sector's middle half▲ 103%€32,239below the sector's middle half▲ 6.5%€35,836below the sector's middle half▲ 11.2%€29,821below the sector's middle half-
Debt€87,096▲ 5.3%€100,047▲ 14.9%€92,953▼ 7.1%€83,678▼ 10.0%€83,828-
Working capital-€78,623▼ 5.3%-€77,078below the sector's middle half▲ 2.0%-€65,005below the sector's middle half▲ 15.7%-€52,928below the sector's middle half▲ 18.6%-€64,389below the sector's middle half-
Solvency-483.4%▼ 114.8pp-230.6%below the sector's middle half▲ 252.7pp-188.3%below the sector's middle half▲ 42.3pp-133.5%below the sector's middle half▲ 54.8pp-181.1%below the sector's middle half-
Current ratio0.10=0.23below the sector's middle half▲ 0.130.30below the sector's middle half▲ 0.070.37below the sector's middle half▲ 0.070.23below the sector's middle half-
Return on assets (ROA)-47.4%▼ 48.1pp7.9%within the sector's middle half▲ 55.3pp59.2%above the sector's middle half▲ 51.3pp35.9%above the sector's middle half▼ 23.2pp-23.3%below the sector's middle half-
above
within
below
the middle half (P25 to P75) of NACE 56, Food and beverage service activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result is -€6,164 in 2024, compared with €15,146 in 2022. Comparable figures for the intervening years are unavailable.
Balance-sheet composition
2024 in colour, 2022 as the grey bar beneath
Assets €29,821
Fixed assets
€10,382 ▲ 104%
Current assets
€19,439 ▼ 36.8%
Key figures and ratios
EBITDA
€603▼
2022 · €17,822
Cash flow
-€180▼
2022 · €15,547
Quick ratio
0.18▼
2022 · 0.35
Debt to equity
-1.55▲
2022 · -1.75
Interest coverage
2.09▼
2022 · 11.01
Debt ≤ 1 year
€83,828▲
2022 · €83,678
Income taxes
€494▼
2022 · €657
Staff costs
€3,717
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 6,940 companies that looked in July 2024 the way this one looks now, 5.5% went bankrupt within 24 months and 85% are still going.
- Micro
- 10 to 20 years old
- negative equity
- a loss of 10% of the balance sheet or more
5.5%
went bankrupt
8.0%
stopped otherwise
85%
still going
A further 1.5% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 3.3% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 6,940 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2019 | 2020 | 2021 | 2022 | 2024 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | - | €3,717 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €3,400 | €2,066 | €3,000 | €2,676 | €6,767 | - |
| Other operating charges640/8 | €3,143 | €4,843 | €1,098 | €3,860 | €5,176 | - |
| Gross operating margin9900 | €929 | €9,837 | €23,545 | €21,683 | €9,496 | - |
| Operating profit (loss)9901 | -€5,614 | €2,928 | €19,447 | €15,146 | -€6,164 | - |
| Financial charges65/66B | €1,470 | €425 | €264 | €1,618 | €289 | - |
| Recurring financial charges65 | €1,470 | €425 | €264 | €1,618 | €289 | - |
| Profit (loss) for the period before taxes9903 | -€7,084 | €2,503 | €19,183 | €13,528 | -€6,453 | - |
| Income taxes67/77 | -€0 | €124 | €110 | €657 | €494 | - |
| Profit (loss) for the period9904 | -€7,084 | €2,378 | €19,073 | €12,871 | -€6,947 | - |
| Profit (loss) for the period to be appropriated9905 | -€7,084 | €2,378 | €19,073 | €12,871 | -€6,947 | - |
| Line | 2019 | 2020 | 2021 | 2022 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €14,930 | €30,260 | €32,239 | €35,836 | €29,821 | - |
| Fixed assets21/28 | €6,457 | €7,291 | €4,291 | €5,086 | €10,382 | - |
| Intangible fixed assets21 | €5,000 | €4,000 | €3,000 | €2,000 | - | - |
| Tangible fixed assets22/27 | €1,457 | €3,291 | €1,291 | €3,086 | €10,382 | - |
| Land and buildings22 | €812 | €300 | - | €2,790 | €1,540 | - |
| Plant, machinery and equipment23 | €645 | €250 | - | €296 | €770 | - |
| Furniture and vehicles24 | - | €2,741 | €1,291 | - | €8,072 | - |
| Current assets29/58 | €8,473 | €22,969 | €27,948 | €30,750 | €19,439 | - |
| Stocks and contracts in progress3 | €1,500 | €1,500 | €1,500 | €1,500 | €4,000 | - |
| Stocks30/36 | €1,500 | €1,500 | €1,500 | €1,500 | €4,000 | - |
| Amounts receivable within one year40/41 | - | €13,811 | €9,641 | €6,840 | €800 | - |
| Trade receivables40 | - | €13,811 | €239 | - | - | - |
| Other amounts receivable41 | - | - | €9,402 | €6,840 | €800 | - |
| Cash at bank and in hand54/58 | €4,095 | €7,083 | €16,174 | €21,698 | €14,073 | - |
| Deferred charges and accrued income490/1 | €2,878 | €575 | €633 | €712 | €566 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €14,930 | €30,260 | €32,239 | €35,836 | €29,821 | - |
| Equity10/15 | -€72,166 | -€69,787 | -€60,714 | -€47,842 | -€54,007 | - |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | - |
| Capital10 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | - |
| Issued capital100 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | - |
| Profit (loss) carried forward14 | -€90,766 | -€88,387 | -€79,314 | -€66,442 | -€72,607 | - |
| Amounts payable17/49 | €87,096 | €100,047 | €92,953 | €83,678 | €83,828 | - |
| Amounts payable within one year42/48 | €87,096 | €100,047 | €92,953 | €83,678 | €83,828 | - |
| Trade debts44 | €181 | €16,639 | €5,542 | €5,090 | €2,988 | - |
| Suppliers440/4 | €181 | €16,639 | €5,542 | €5,090 | €2,988 | - |
| Taxes, remuneration and social security45 | €12,635 | €5,878 | €4,990 | €833 | €9,011 | - |
| Taxes450/3 | €12,635 | €5,878 | €4,990 | €833 | €9,011 | - |
| Other amounts payable47/48 | €74,280 | €77,531 | €82,421 | €77,755 | €71,828 | - |
| Line | 2019 | 2020 | 2021 | 2022 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€7,084 | €2,378 | €19,073 | €12,871 | -€6,947 | - |
| + Depreciation and write-downs630 | €3,400 | €2,066 | €3,000 | €2,676 | €6,767 | - |
| Operating cash flow (approximation) | -€3,684 | €4,444 | €22,073 | €15,547 | -€180 | - |
| Investment in fixed assets (approximation) | - | -€2,900 | €0 | -€3,471 | - | - |
| Change in cash | - | €2,988 | €9,091 | €5,524 | - | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2026
23-05
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 296 days late
2024
05-01
KBO administration
Strikeout withdrawn
event 08-11-2023
2023
08-11
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 100 days late
08-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 465 days late
08-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 830 days late
08-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 1195 days late
24-10
Bankruptcy
Judicial dissolution and immediate closure
Tribunal de l’entreprise de Liège, division Liège · event 18-10-2023
2021
31-12
Financial
Highest result since 2018net €19,073 ▲702%
Operating result €19,447, net result €19,073, both a record.
2020
31-12
Financial
Back to profitnet €2,378
Net result €2,378 after one loss-making year.
2019
31-12
Financial
Weakest financial yearnet -€7,084
Net result drops to -€7,084, the lowest in the series; recovery starts the following year.
15-11
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 107 days late
2017
31-12
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 153 days late
Show earlier events
2015
31-08
NBB filing
Annual accounts filed
fiscal year 2014 · full schema · 31 days late
2011
27-08
NBB filing
Annual accounts filed
fiscal year 2010 · full schema · 27 days late
25-02
NBB filing
Annual accounts filed
fiscal year 2008 · full schema · 574 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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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, Huy · 1 establishment unit since 2007
Ground area
846 m²
Building footprint
178 m²
Volume, LiDAR
1,677 m³
2 parcels, Wallonia · tallest building 13.3 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
EL BARKA
since 20072.159.825.655
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 61322A0181/00N003 | Wallonia | 516 m² | 1 · 79 m² | 13.3 m · 4 fl. |
| 62087B0190/00K000 | Wallonia | 330 m² | 1 · 99 m² | 9.8 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
1 siteLiège2.159.825.655
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This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 20,509 companies in sector 56111 we hold annual accounts for 11,464. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded12-12-2006
Fiscal year end31-12
Activities, NACEBEL 2025
56111Full-service restaurants
56210Event catering
E-invoicing
Reachable via Peppol
Peppol ID
0208:0885600991
Registered
30-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.