Fred & Barnes
ActiveSummary
Fred & Barnes has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €50k and a net result of €-11k. Equity is growing by ~22.1% per year across the filed fiscal years. Its solvency ranks better than 23% of 2699 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability26▼-34
Solvency38▼-1
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2.5k at 30 days acceptable
Liquidity short (current ratio 0.19 against 0.52 in 2024; short-term debt: 18.2% and cash: 1.5% of total assets), and 86.9% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Computer programming, consultancy and related activities (NACE 62)
about 64% fewer 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 2025Solvency, return and age of the figures
Solvency
13.1%
Return on assets
-2.9%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 23% of 2699 sector peers (2025).
NBB · sector comparisonPosition among 2699 sector peers
Solvency
better than 23%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 01-07-2026, 30 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
30 d early
2024
141 d early
2023
26 d early
2022
24 d late
2021
6 d early
2020
33 d early
2019
45 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
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
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€50k▼ 17.9%
2024 · €61k
Total assets
€381k▼ 10.1%
2024 · €424k
Net result
€-11k
2024 · €8k
Working capital
€-56k▼ 55.5%
2024 · €-36k
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
Line20212022202320242025
Operating result€7k▼ 34.2%€36k▲ 391%€11k▼ 70.8%€18k▲ 68.6%€-5k
Net result€921▼ 91.8%€20k▲ 2,105%€3k▼ 86.1%€8k▲ 200%€-11k
Equity€24k▲ 4.0%€44k▲ 84.3%€72k▲ 62.7%€61k▼ 16.0%€50k▼ 17.9%
Total assets€425k▲ 1,601%€434k▲ 2.1%€445k▲ 2.5%€424k▼ 4.6%€381k▼ 10.1%
Debt€401k▲ 21,904%€390k▼ 2.8%€373k▼ 4.3%€364k▼ 2.4%€332k▼ 8.8%
Working capital€-32k€-31k▲ 4.0%€-21k▲ 30.6%€-36k▼ 69.0%€-56k▼ 55.5%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €5k after €18k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €381k
Fixed assets
€368k ▼ 4.5%
Current assets
€13k ▼ 65.8%
Equity and liabilities €381k
Equity
€50k ▼ 17.9%
Debt
€332k ▼ 8.8%
Debt's share of the balance-sheet total rises from 85.7% to 86.9%. Equity and debt are lower.
Key figures and ratios
EBITDA
€8k▼
2024 · €31k
Cash flow
€2k▼
2024 · €21k
Current ratio
0.19▼
2024 · 0.52
Debt to equity
6.66▲
2024 · 6.00
ROE
-21.8%▼
2024 · 13.9%
ROA
-2.9%▼
2024 · 2.0%
Interest coverage
1.26▼
2024 · 4.70
Debt ≤ 1 year
€70k▼
2024 · €75k
Debt > 1 year
€261k▼
2024 · €288k
Income taxes
€0▼
2024 · €3k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €7k | €12k | €13k | €13k | €13k | = |
| Other operating charges640/8 | €5k | €507 | €7k | €565 | €544 | ▼ 3.8% |
| Gross operating margin9900 | €20k | €49k | €30k | €31k | €9k | ▼ 72.0% |
| Operating profit (loss)9901 | €7k | €36k | €11k | €18k | €-5k | ▼ 126% |
| Financial income75/76B | €0 | €23 | €51 | €100 | €373 | ▲ 271% |
| Recurring financial income75 | €0 | €23 | €51 | €100 | €373 | ▲ 271% |
| Financial charges65/66B | €6k | €9k | €7k | €7k | €7k | ▼ 0.2% |
| Recurring financial charges65 | €6k | €9k | €7k | €7k | €7k | ▼ 0.2% |
| Profit (loss) for the period before taxes9903 | €921 | €27k | €4k | €11k | €-11k | ▼ 195% |
| Income taxes67/77 | - | €7k | €798 | €3k | €0 | ▼ 100% |
| Profit (loss) for the period9904 | €921 | €20k | €3k | €8k | €-11k | ▼ 229% |
| Profit (loss) for the period to be appropriated9905 | €921 | €20k | €3k | €8k | €-11k | ▼ 229% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €425k | €434k | €445k | €424k | €381k | ▼ 10.1% |
| Fixed assets21/28 | €416k | €406k | €398k | €385k | €368k | ▼ 4.5% |
| Tangible fixed assets22/27 | €416k | €406k | €398k | €385k | €368k | ▼ 4.5% |
| Land and buildings22 | €403k | €394k | €383k | €372k | €360k | ▼ 3.0% |
| Plant, machinery and equipment23 | €12k | €11k | €15k | €14k | €8k | ▼ 42.8% |
| Current assets29/58 | €9k | €29k | €47k | €39k | €13k | ▼ 65.8% |
| Amounts receivable within one year40/41 | €6k | €18k | €10k | €7k | €0 | ▼ 100% |
| Trade receivables40 | €6k | €18k | €7k | €5k | €0 | ▼ 100% |
| Other amounts receivable41 | €239 | €0 | €3k | €2k | €0 | ▼ 100% |
| Current investments50/53 | €2k | €5k | €8k | €11k | €8k | ▼ 30.4% |
| Cash at bank and in hand54/58 | €806 | €6k | €29k | €21k | €6k | ▼ 73.5% |
| Deferred charges and accrued income490/1 | €664 | €133 | €149 | €153 | €158 | ▲ 3.7% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €425k | €434k | €445k | €424k | €381k | ▼ 10.1% |
| Equity10/15 | €24k | €44k | €72k | €61k | €50k | ▼ 17.9% |
| Contributions10/11 | €25k | €25k | €50k | €50k | €50k | = |
| Profit (loss) carried forward14 | €-918 | €19k | €22k | €11k | €-199 | ▼ 102% |
| Amounts payable17/49 | €401k | €390k | €373k | €364k | €332k | ▼ 8.8% |
| Amounts payable after more than one year17 | €358k | €329k | €304k | €288k | €261k | ▼ 9.1% |
| Financial debts170/4 | €358k | €329k | €304k | €288k | €261k | ▼ 9.1% |
| Amounts payable within one year42/48 | €42k | €59k | €68k | €75k | €70k | ▼ 7.7% |
| Current portion of amounts payable after more than one year42 | €15k | €15k | €16k | €16k | €16k | ▲ 1.8% |
| Financial debts43 | €25k | €0 | - | - | - | - |
| Credit institutions430/8 | €25k | €0 | - | - | - | - |
| Trade debts44 | €597 | €0 | €935 | €111 | €646 | ▲ 484% |
| Suppliers440/4 | €597 | €0 | €935 | €111 | €646 | ▲ 484% |
| Taxes, remuneration and social security45 | €737 | €9k | €8k | €255 | €831 | ▲ 226% |
| Taxes450/3 | €737 | €9k | €8k | €255 | €831 | ▲ 226% |
| Other amounts payable47/48 | - | €35k | €43k | €59k | €52k | ▼ 12.2% |
| Accrued charges and deferred income492/3 | €2k | €1k | €960 | €857 | €808 | ▼ 5.7% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €921 | €20k | €3k | €8k | €-11k | ▼ 229% |
| + Depreciation and write-downs630 | €7k | €12k | €13k | €13k | €13k | = |
| Operating cash flow (approximation) | €8k | €33k | €16k | €21k | €2k | ▼ 90.3% |
| Investment in fixed assets (approximation) | - | €-2k | €-5k | €0 | €4k | - |
| Change in cash | - | €5k | €23k | €-8k | €-15k | ▼ 100% |
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
Next filing, fiscal year 2026, expected by
2026
01-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Weakest financial yearnet €-11k
Net result drops to €-11k, the lowest in the series.
12-03
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
05-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
24-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 24 days late
2022
31-12
Financial
Highest result since 2018net €20k ▲2,105%
Operating result €36k, net result €20k, both a record.
25-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
28-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Back to profitnet €11k
Net result €11k after 2 loss-making years.
14-09
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 45 days late
2019
28-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 28 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
4 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, Maarkedal · 1 establishment unit since 2017
Ground area
208 m²
Building footprint
106 m²
Volume, LiDAR
3 m³
Parcel 45011B0261/00T000, Flanders · tallest building 1.4 m. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
Fred & Barnes
since 20172.270.527.696
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 45011B0261/00T000 | Flanders | 208 m² | 1 · 106 m² | 1.4 m |
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.
Similar companies · same sector, comparable size
BLEU CATAMARAN
BE 0599.993.993
Brussel · Eq €49,789
GGOBBE
BE 0727.796.344
Lasne · Eq €49,782
MWI-T Consulting
BE 1002.819.652
Diepenbeek · Eq €49,781
JobiFlow
BE 1020.802.363
Leuven · Eq €49,834
HAYO Labs
BE 0768.825.067
Ukkel · Eq €49,761
Of 30,002 companies in sector 62200 we hold annual accounts for 18,390. 15,346 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
Founded05-12-2017
Fiscal year end31-12
Activities, NACEBEL 2025
62200Computer consultancy and computer facilities management
68110Buying and selling of own real estate
77229Renting and leasing of other personal and household goods
Scores and ratios are computed by Checked and are not a credit decision.