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F.BARA

Active
Private limited companyfounded 20206 yrs activeMarche, Chaussée de Liège 76, 6900 Marche-en-Famenne, BelgiumKBO/BCE: BE 0752.599.838
Summary

F.BARA has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €163,989 and a net result of €30,544. Equity is growing by ~32.1% per year across the filed fiscal years. Its solvency ranks better than 83% of 19364 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.8% (low).

Checked score

Score 2024
Axes · tick = 2023
Profitability87▲+3
Solvency100▲+43
Growth52=
Track record100
Bankruptcy probability, 12 months
0.8% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €14,000 at 30 days acceptable
Liquidity ample (current ratio 3.71 against 1.33 in 2023; short-term debt: 19.3% and cash: 37.9% of total assets), and 22.4% of the assets are financed with debt.
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Signals

Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 6 years 0 10 y
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 28-08-2025, 28 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 · 4 filings
Deviation from the deadline
2025
not confirmed
2024
28 d late
2023
29 d late
2022
23 d late
2021
30 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 4 accounts on average 13 days after the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 14 August 2020, F.BARA was incorporated as a Private limited company.1 Total assets went from EUR 116,557 in 2021 to EUR 211,296 in 2024 and headcount from 1.8 to 5.5 full-time equivalents.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2021 and 2024

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Financials · fiscal year 2024, micro schema

Equity
€163,989▲ 22.9%
2023 · €133,445
Total assets
€211,296▼ 49.0%
2023 · €413,961
Net result
€30,544▼ 41.1%
2023 · €51,892
Working capital
€110,645▲ 21.1%
2023 · €91,355
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line2021202220232024
Operating result€79,193-€27,493▼ 65.3%€72,729▲ 165%€50,053▼ 31.2%
Net result€61,818-€18,735▼ 69.7%€51,892▲ 177%€30,544▼ 41.1%
Equity€62,818-€81,553▲ 29.8%€133,445▲ 63.6%€163,989▲ 22.9%
Total assets€116,557-€169,666▲ 45.6%€413,961▲ 144%€211,296▼ 49.0%
Debt€53,739-€88,113▲ 64.0%€280,516▲ 218%€47,307▼ 83.1%
Working capital€38,881-€37,583▼ 3.3%€91,355▲ 143%€110,645▲ 21.1%
Staff (FTE)1.8-2.5▲ 38.9%5.6▲ 124%5.5▼ 1.8%
Turnover and EBIT margin not published: the micro schema does not require them.
Why a figure moved sharply
  • 2023 Total assets +144% on 2022. Cause not known from the registers.
Result per fiscal year
Operating resultNet result
€0€20,000€40,000€60,000€80,000Operating result 2021: €79,193€79,193Net result 2021: €61,818€61,818Operating result 2022: €27,493€27,493Net result 2022: €18,735€18,735Operating result 2023: €72,729€72,729Net result 2023: €51,892€51,892Operating result 2024: €50,053€50,053Net result 2024: €30,544€30,5442021202220232024€0€20,000€40,000€60,000€80,000Operating result 2022: €27,493€27,500Net result 2022: €18,735€18,700Operating result 2023: €72,729€72,700Net result 2023: €51,892€51,900Operating result 2024: €50,053€50,100Net result 2024: €30,544€30,500202220232024
The operating result falls in 2024; 2024 is 31% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €211,296
Fixed assets €59,880 ▲ 29.0%
Current assets €151,416 ▼ 58.8%
Equity and liabilities €211,296
Equity €163,989 ▲ 22.9%
Debt €47,307 ▼ 83.1%
Debt's share of the balance-sheet total falls from 67.8% to 22.4%. Equity is higher and debt is lower.
Key figures and ratios
2024 value · change against 2023
EBITDA
€77,169▼
2023 · €93,301
Cash flow
€57,660▼
2023 · €72,464
Current ratio
3.71▲
2023 · 1.33
Debt to equity
0.29▼
2023 · 2.10
ROE
18.6%▼
2023 · 38.9%
ROA
14.5%▲
2023 · 12.5%
Interest coverage
12.41▼
2023 · 24.12
Debt ≤ 1 year
€40,771▼
2023 · €276,193
Debt > 1 year
€4,186▼
2023 · €4,323
Income taxes
€13,717▼
2023 · €17,220
Staff costs
€166,848▼
2023 · €200,047
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 26,964 companies that looked in July 2024 the way this one looks now, 1.5% went bankrupt within 24 months and 95% are still going.

  • Micro
  • 5 to 10 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.5% went bankrupt
3.4% stopped otherwise
95% still going

A further 0.3% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.8% 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 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
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% 1.6%
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 74% 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 26,964 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
Filed annual accounts As filed with the NBB · 2024 against 2023 · 52 lines
Balance sheet Code20232024
Assets
Total assets20/58€413,961€211,296▼
Fixed assets21/28€46,412€59,880▲
Intangible fixed assets21€3,642€1,642▼
Tangible fixed assets22/27€42,595€58,063▲
Plant, machinery and equipment23€9,047€13,597▲
Furniture and vehicles24€20,641€32,385▲
Leasing and similar rights25€12,907€3,600▼
Other tangible fixed assets26-€8,481
Financial fixed assets28€175€175=
Current assets29/58€367,548€151,416▼
Amounts receivable within one year40/41€22,960€71,041▲
Trade receivables40-€35,538
Other amounts receivable41€22,960€35,502▲
Cash at bank and in hand54/58€339,949€80,011▼
Deferred charges and accrued income490/1€4,639€364▼
Equity and liabilities
Total equity and liabilities10/49€413,961€211,296▼
Equity10/15€133,445€163,989▲
Contributions10/11€1,000€1,000=
Reserves13€80,553€80,553=
Distributable reserves133€80,553€80,553=
Profit (loss) carried forward14€51,892€82,436▲
Amounts payable17/49€280,516€47,307▼
Amounts payable after more than one year17€4,323€4,186▼
Financial debts170/4€4,323€4,186▼
Amounts payable within one year42/48€276,193€40,771▼
Current portion of amounts payable after more than one year42€9,422€8,027▼
Trade debts44€897€13,978▲
Suppliers440/4€897€13,978▲
Advances received on contracts in progress46€239,267€0▼
Taxes, remuneration and social security45€26,607€17,805▼
Taxes450/3-€17,805
Remuneration and social security454/9€26,607€0▼
Other amounts payable47/48-€961
Accrued charges and deferred income492/3-€2,350
Income statement Code20232024
Remuneration, social security and pensions62€200,047€166,848▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€20,572€27,115▲
Other operating charges640/8€1,848€3,118▲
Gross operating margin9900€295,197€247,135▼
Operating profit (loss)9901€72,729€50,053▼
Financial income75/76B€251€426▲
Recurring financial income75€251€426▲
Financial charges65/66B€3,868€6,218▲
Recurring financial charges65€3,868€6,218▲
Profit (loss) for the period before taxes9903€69,112€44,261▼
Income taxes67/77€17,220€13,717▼
Profit (loss) for the period9904€51,892€30,544▼
Profit (loss) for the period to be appropriated9905€51,892€30,544▼
Appropriation of the result
Profit (loss) to be appropriated9906€132,445€82,436▼
Profit (loss) brought forward from the previous period14P€80,553€51,892▼
Transfer to equity691/2€80,553€0▼
To the legal reserve6920€80,553-
To other reserves6921-€0

The notes to these accounts (13 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2021202220232024Change
Remuneration, social security and pensions62€32,510€71,758€200,047€166,848▼ 16.6%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7,066€14,802€20,572€27,115▲ 31.8%
Other operating charges640/8€1,242€1,880€1,848€3,118▲ 68.7%
Gross operating margin9900€120,011€115,933€295,197€247,135▼ 16.3%
Operating profit (loss)9901€79,193€27,493€72,729€50,053▼ 31.2%
Financial income75/76B€4€3€251€426▲ 69.4%
Recurring financial income75€4€3€251€426▲ 69.4%
Financial charges65/66B€383€1,242€3,868€6,218▲ 60.7%
Recurring financial charges65€383€1,242€3,868€6,218▲ 60.7%
Profit (loss) for the period before taxes9903€78,814€26,254€69,112€44,261▼ 36.0%
Income taxes67/77€16,996€7,519€17,220€13,717▼ 20.3%
Profit (loss) for the period9904€61,818€18,735€51,892€30,544▼ 41.1%
Profit (loss) for the period to be appropriated9905€61,818€18,735€51,892€30,544▼ 41.1%
Line2021202220232024Change
Assets
Total assets20/58€116,557€169,666€413,961€211,296▼ 49.0%
Fixed assets21/28€30,861€57,715€46,412€59,880▲ 29.0%
Intangible fixed assets21€7,642€5,642€3,642€1,642▼ 54.9%
Tangible fixed assets22/27€23,044€51,898€42,595€58,063▲ 36.3%
Plant, machinery and equipment23€5,141€10,148€9,047€13,597▲ 50.3%
Furniture and vehicles24€7,492€18,998€20,641€32,385▲ 56.9%
Leasing and similar rights25€10,411€22,752€12,907€3,600▼ 72.1%
Other tangible fixed assets26---€8,481-
Financial fixed assets28€175€175€175€175=
Current assets29/58€85,696€111,951€367,548€151,416▼ 58.8%
Amounts receivable within one year40/41€3,679€6,973€22,960€71,041▲ 209%
Trade receivables40€3,621€1,042-€35,538-
Other amounts receivable41€58€5,932€22,960€35,502▲ 54.6%
Cash at bank and in hand54/58€79,670€102,509€339,949€80,011▼ 76.5%
Deferred charges and accrued income490/1€2,346€2,469€4,639€364▼ 92.2%
Equity and liabilities
Total equity and liabilities10/49€116,557€169,666€413,961€211,296▼ 49.0%
Equity10/15€62,818€81,553€133,445€163,989▲ 22.9%
Contributions10/11€1,000€1,000€1,000€1,000=
Reserves13--€80,553€80,553=
Distributable reserves133--€80,553€80,553=
Profit (loss) carried forward14€61,818€80,553€51,892€82,436▲ 58.9%
Amounts payable17/49€53,739€88,113€280,516€47,307▼ 83.1%
Amounts payable after more than one year17€6,925€13,745€4,323€4,186▼ 3.2%
Financial debts170/4€6,925€13,745€4,323€4,186▼ 3.2%
Amounts payable within one year42/48€46,814€74,368€276,193€40,771▼ 85.2%
Current portion of amounts payable after more than one year42€3,456€9,371€9,422€8,027▼ 14.8%
Trade debts44€10,383€21,334€897€13,978▲ 1,458%
Suppliers440/4€10,383€21,334€897€13,978▲ 1,458%
Advances received on contracts in progress46€5,000-€239,267€0▼ 100%
Taxes, remuneration and social security45€27,616€42,811€26,607€17,805▼ 33.1%
Taxes450/3€23,451€27,464-€17,805-
Remuneration and social security454/9€4,166€15,347€26,607€0▼ 100%
Other amounts payable47/48€360€853-€961-
Accrued charges and deferred income492/3---€2,350-
Line2021202220232024Change
Profit (loss) for the period9904€61,818€18,735€51,892€30,544▼ 41.1%
+ Depreciation and write-downs630€7,066€14,802€20,572€27,115▲ 31.8%
Operating cash flow (approximation)€68,884€33,537€72,464€57,660▼ 20.4%
Investment in fixed assets (approximation)--€41,656-€9,270-€40,584▼ 338%
Change in cash-€22,838€237,440-€259,938▼ 209%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2026
07-07
State Gazette act Restructuring
Merger · Accounting effect · Net-asset statement19 facts ▸
  • Merger, fusion silencieuse
  • Merger, fusion silencieuse
  • Accounting effect, 01-01-2026
  • Net-asset statement, 31-12-2025
  • Net-asset statement, 31-12-2025
  • Shareholding, 100, 100%
  • Shareholding, 1000, 100%
  • Dissolution, cessation d'existence
  • Dissolution, cessation d'existence
  • Asset transfer, CBC Banque, compte bancaire
  • Asset transfer, Fintro, compte bancaire
  • Asset transfer, 29-03-2024
  • +7 further facts in this act
2025
28-08
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 28 days late
2024
31-12
Financial Liquidity triplescurrent ratio 3.71
Current ratio from 1.33 to 3.71; short-term debt falls from €276,193 to €40,771.
31-12
Financial Equity above €150,000Eq €163,989 ▲22.9%
4 profitable years in a row build equity to €163,989.
29-08
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 29 days late
2023
31-12
Financial Equity above €100,000Eq €133,445 ▲63.6%
3 profitable years in a row build equity to €133,445.
23-08
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 23 days late
2022
31-12
Financial Weakest financial yearnet €18,735 ▼69.7%
Net result drops to €18,735, the lowest in the series; recovery starts the following year.
01-07
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 4 acts read
About the unread acts

Of the 4 Belgian State Gazette acts we know for this company, 1 has been read. The other 3 have not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
4 acts for this company are in the Belgian State Gazette, of which we have read 1. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Marche-en-Famenne · 1 establishment unit since 2020
seat establishment The establishment unit on the map
Ground area
389 m²
Building footprint
134 m²
Parcel 83034B0234/00R000, Wallonia. Linked by address, not a title deed.
1 establishment unit
F.BARA
Marche, Chaussée de Liège 76, 6900 Marche-en-FamenneReal estate development
since 20202.306.094.529
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
83034B0234/00R000 Wallonia 389 m² 1 · 134 m² -
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Structure & network

Owners and holdings

1 owner

Chain of control

  1. ERA B-LUX 100%
  2. F.BARA

Highest known parent: ERA B-LUX. The sources do not say who stands above it.

Owners 1

Holdings 0

No holding stated in the accounts, acts or LEI register we read.

According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Acquisitions and mergers

1 transaction
Taken over by:ERA B-LUX
BE 1013.045.828silent merger · proposal · State Gazette act of 09-07-2026 (3 acts)

Capital and shareholders

Shareholders according to the acts
Stated in the act act of 07-07-2026 ↗
  • ERA B-LUX (BE 1013.045.828) 100 shares · 100%

The Belgian State Gazette names shareholders only when an act mentions them; the share register itself is not published.

Similar companies · same sector, comparable size

Of 11,756 companies in sector 68310 we hold annual accounts for 6,907. 5,246 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded14-08-2020
Fiscal year end31-12
Activities, NACEBEL 2025
68310Real estate agency activities
E-invoicing
Reachable via Peppol
Peppol ID 0208:0752599838
Registered 06-03-2025

Register as of 26 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.