Giulio’s Barn
BankruptcyThe KBO register records for Giulio’s Barn the legal situation: open bankruptcy (code 050); this is today's state according to the register itself, which carries no start date. The 2023 annual accounts show equity of €59k and a net result of €45k.
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 08-08-2024, 8 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 · 3 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
8 d late
2022
35 d late
2021
101 d late
← before the deadline
after the deadline →
Financials · fiscal year 2023, micro schema
Turnover
€164k
EBIT margin
9.7%
Net result
€45k▲ 328%
2022 · €11k
2021: €1k
2022: €11k
2021 → 2023
Working capital
€77k▲ 98.2%
2022 · €39k
2021: €6k
2022: €39k
2021 → 2023
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202120222023Trend
Turnover€164k
Equity€5k-€14k▲ 215%€59k▲ 310%
Operating result€7k-€16k▲ 134%€50k▲ 215%
Net result€1k-€11k▲ 920%€45k▲ 328%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen two years in a row; 2023 is 215% above 2022 and is the highest result in the available series.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €130k
Fixed assets
€12k▼ 56.0%
Current assets
€119k▲ 41.8%
Equity and liabilities €130k
Equity
€59k▲ 310%
Debt
€71k▼ 25.2%
The debt ratio falls from 87.0% to 54.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€54k▲
2022 · €24k
Cash flow
€49k▲
2022 · €19k
Solvency
45.1%▲
2022 · 13.0%
Current ratio
2.87▲
2022 · 1.87
Quick ratio
2.15▲
2022 · 1.87
Debt / equity
1.22▼
2022 · 6.68
ROE
77.0%▲
2022 · 73.9%
ROA
34.7%▲
2022 · 9.6%
Interest coverage
16.52▲
2022 · 4.84
Debt
€71k▼
2022 · €95k
Debt ≤ 1 year
€41k▼
2022 · €45k
Debt > 1 year
€30k▼
2022 · €51k
Income taxes
€4k▲
2022 · €2k
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 · 2023 against 2022
Balance sheet
Code20222023
Assets
Total assets20/58€110k€130k▲
Fixed assets21/28€26k€12k▼
Tangible fixed assets22/27€23k€9k▼
Plant, machinery and equipment23€793-
Furniture and vehicles24€22k€8k▼
Other tangible fixed assets26€447€298▼
Financial fixed assets28€3k€3k=
Current assets29/58€84k€119k▲
Amounts receivable after more than one year29€57k€57k=
Other amounts receivable291€57k€57k=
Stocks and contracts in progress3-€30k
Stocks30/36-€30k
Amounts receivable within one year40/41€22k€28k▲
Trade receivables40€17k€10k▼
Other amounts receivable41€5k€18k▲
Cash at bank and in hand54/58€3k€747▼
Deferred charges and accrued income490/1€2k€4k▲
Equity and liabilities
Total equity and liabilities10/49€110k€130k▲
Equity10/15€14k€59k▲
Contributions10/11€4k€4k=
Reserves13€11k€55k▲
Distributable reserves133€11k€55k▲
Amounts payable17/49€95k€71k▼
Amounts payable after more than one year17€51k€30k▼
Financial debts170/4€51k€30k▼
Amounts payable within one year42/48€45k€41k▼
Current portion of amounts payable after more than one year42€27k€20k▼
Financial debts43-€11k
Credit institutions430/8-€11k
Trade debts44€3k€5k▲
Suppliers440/4€3k€5k▲
Taxes, remuneration and social security45€8k€5k▼
Taxes450/3€6k€3k▼
Remuneration and social security454/9€2k€2k▲
Other amounts payable47/48€7k€1k▼
Income statement
Code20222023
Turnover70€164k-
Goods, raw materials, services and sundry goods60/61€137k-
Remuneration, social security and pensions62€3k-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9k€4k▼
Other operating charges640/8€2k€2k▲
Non-recurring operating charges66A-€4k
Gross operating margin9900€29k€61k▲
Operating profit (loss)9901€16k€50k▲
Financial income75/76B€2k€2k▼
Recurring financial income75€2k€2k▼
Financial charges65/66B€5k€3k▼
Recurring financial charges65€5k€3k▼
Profit (loss) for the period before taxes9903€13k€49k▲
Income taxes67/77€2k€4k▲
Profit (loss) for the period9904€11k€45k▲
Profit (loss) for the period to be appropriated9905€11k€45k▲
Appropriation of the result
Profit (loss) to be appropriated9906€11k€45k▲
Transfer to equity691/2€10k€44k▲
To other reserves6921€10k€44k▲
Profit to be distributed694/7€800€800=
Return on contributions (dividend)694€800€800=
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2024
08-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 8 days late
2023
31-12
Financial
Highest result since 2021net €45k ▲328%
Operating result €50k, net result €45k, both a record.
04-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 35 days late
2022
09-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 101 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Oosterzele · 1 establishment unit since 2020
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.
Windekekouter 699860 OosterzeleGround area
674 m²
Building footprint
100 m²
Volume, LiDAR
684 m³
Parcel 44059A0907/00C003, Flanders · tallest building 10.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Consuul
since 20202.304.508.281
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44059A0907/00C003 | Flanders | 674 m² | 1 · 100 m² | 10.8 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2023 · 1 entry · 3,145 EUR awarded · 3,145 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 3,145 EUR | 3,145 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Similar companies · same sector, comparable size
AEQUITY CONSULTING BRUXELLES
BE 1001.206.878
Etterbeek · Eq €59k
Gillesfleur
BE 0665.752.075
Bornem · Eq €59k
White Mountain
BE 1017.158.826
Herentals · Eq €59k
QUADRONICS
BE 0770.605.216
Dilbeek · Eq €59k
MAVASA
BE 0784.297.656
Sint-Truiden · Eq €59k
Of 24,503 companies in sector 82990 we hold annual accounts for 9,402. 7,019 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded06-07-2020
Fiscal year end31-12
Activities, NACEBEL
82990Other business support services
47811Retail sale of cars and light vans (up to 3.5 tonnes)
95311General maintenance and repair of cars and light vans (up to 3.5 tonnes)
47820Retail sale of motor vehicle parts and accessories
45402
47252Retail sale of beverages, general range
47830Retail sale of motorcycles and motorcycle parts and accessories
52210Service activities incidental to land transportation
52250Logistics services
52290Warehousing and support activities for transportation
77110Renting and leasing of cars and light motor vehicles
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryWebsite:www.giuliosbarn.com