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LaBarïck.be

Active
Private limited companyfounded 2023active for 3 yearsBeukendreef 28, 8870 Izegem, BelgiumKBO/BCE: BE 0804.159.989
Summary

The KBO gives no incorporation date for LaBarïck.be. Without it there is no bankruptcy probability. The 2025 annual accounts show negative equity (-€16,235) and a net result of -€13,423. The company has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Overview

Official details

Source: KBO
Status
Active since 20-07-2023 Normal situation
Activity
Wholesale trade NACE 46842
Financial year end
31 December
Peppol
Reachable since 08-08-2023

Board and ownership

Board
  • FRANADirector · permanent representative VRIELYNCK Frank Jozef
Shareholders
  • ALTERA CONSULT· score 9030-06-2025 annual accounts of ALTERA CONSULT

Financial position

1 Critical Checked score 2025
Bankruptcy probability: too little data in the register
Annual accounts 2025
Gross margin
-€10,135
▲ 65.1%
Loss
€13,423
▼ 59.1%
Equity
-€16,235
▼ 477%
Total assets
€24,057
▼ 38.6%
  • Negative equity on 31-12-2025
Turnover not published (micro format)
Filed on 30-06-2026, 31 days before the deadline
Signalsraises riskNegative equityneutralLatest accounts filed on timeShow the evidence

Checked score

Score 2025
1 / 100
Critical
Without a bankruptcy probability, the score rests on the figures alone.
Financial strength · tick: 2024
Weak
Solvency 0-18
equity -67.5% of total assets
Liquidity 2-46
short-term debt 167.5% · cash 1.6%
Profitability 0=
return on assets -55.8%
Bankruptcy probability within 12 months

The register holds too little about this company (legal form, address, activity or start date) to compute a probability. That is a gap in the register, not a judgement about the company.

No credit on open account
Liquidity is insufficient, with a current ratio of 0.25 (0.53 in 2024), below 1. Short-term debt is 167.5% and cash 1.6% of total assets. Equity is negative.
Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Two signals.
raises riskneutral
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
2425
2024 to 2025 · latest year -€16,235
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 30-06-2026, 31 days ahead of the deadline.
NBB · 2 filings
Deviation from the deadline
2025
31 days early
2024
28 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 2 accounts on average 30 days before the deadline. In the sector (NACE 46), the median for financial year 2024 was 3 days before the deadline, and 39% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven months
Where today falls in the filing period
02-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since incorporation in 2023.
KBO publications

Financials

Financials · financial year 2025, micro format

Annual accounts 2025 filed on 30-06-2026 at the NBB all 2 filings

Equity
-€16,235▼ 477%
2024 · -€2,812
Total assets
€24,057▼ 38.6%
2024 · €39,176
Net result
-€13,423▲ 59.1%
2024 · -€32,812
Working capital
-€30,077▼ 53.8%
2024 · -€19,555
Trend over the years

2024 to 2025, 2 financial years

The operating result for 2025 is a loss of €13,164, smaller than the loss of €32,716 in 2024.

Operating result-€13,164 2025 Net result-€13,423 2025

Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.

Use the arrow keys on the chart for the figures per year.

The sector band is the middle half of the companies in Wholesale trade (NACE 46). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio and return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line20242025
Operating result-€32,716--€13,164▲ 59.8%
Net result-€32,812below the sector's middle half--€13,423below the sector's middle half▲ 59.1%
Equity-€2,812below the sector's middle half--€16,235below the sector's middle half▼ 477%
Total assets€39,176below the sector's middle half-€24,057below the sector's middle half▼ 38.6%
Debt€41,988-€40,292▼ 4.0%
Working capital-€19,555below the sector's middle half--€30,077below the sector's middle half▼ 53.8%
Solvency-7.2%below the sector's middle half--67.5%below the sector's middle half▼ 60.3pp
Current ratio0.53below the sector's middle half-0.25below the sector's middle half▼ 0.28
Return on assets (ROA)-83.8%below the sector's middle half--55.8%below the sector's middle half▲ 28.0pp
above within below The sector band is the middle half of the companies in Wholesale trade (NACE 46). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin are not published. The micro format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €24,057
Fixed assets €13,842 ▼ 17.3%
Current assets €10,216 ▼ 54.5%
Equity and liabilities
Equity-€16,235
Debt€40,292
Equity is negative. Debt (€40,292) exceeds the balance-sheet total (€24,057).
Key figures and ratios
2025 value · change against 2024
EBITDA
-€10,263▲
2024 · -€29,488
Cash flow
-€10,521▲
2024 · -€29,584
Interest coverage
-39.72▲
2024 · -307.33
Debt ≤ 1 year
€40,292▼
2024 · €41,988
Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.

Investments

fixed assets acquired
Item20242025
Tangible fixed assets€10,929-
Intangible fixed assets€9,042-
Financial fixed assets-€0
Depreciation and write-downs of the year€3,228€2,901

Source: notes to the 2024 to 2025 annual accounts (statement of fixed assets)

Comparable companies

These companies have the same main activity as LaBarïck.be: wholesale trade (NACE 46842). They are comparable in size and age: total assets between €16,700 and €74,200, founded between 2021 and 2025.

CompanyFoundedTotal assetsEquityGross marginNet resultFinancial year
LaBarïck.be Izegem2023€24,057-€16,235-€10,135-€13,4232025
VALAIR Gent2022€24,866€2,013€2,096€1,9952025
IMMUS Vilvoorde2021€35,005-€8,730-€57,344-€57,6042025
UNIGULF INDUSTRIES EUROPE Dison2024€74,222-€64,100-€56,040-€56,9782025
Centrale verwarming – Sanitair Peleriau Tom Boom2021€59,366€8,492-€7,616-€15,7202025
ECO-COOL Gent2023€59,320€26,695€2,879-€2,0782024
BUDENAM Beauraing2025€16,667-€12,551-€11,132-€12,5512025

They were chosen from the 344 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 33 lines

Source: Annual accounts 2025 at the NBB, filed on 30-06-2026.

Balance sheet Code20242025
Assets
Total assets20/58€39,176€24,057▼
Fixed assets21/28€16,743€13,842▼
Intangible fixed assets21€7,082€5,274▼
Tangible fixed assets22/27€9,661€8,568▼
Other tangible fixed assets26€9,661€8,568▼
Current assets29/58€22,433€10,216▼
Amounts receivable within one year40/41€5,205€8,781▲
Trade receivables40€5,076€8,513▲
Other amounts receivable41€129€268▲
Cash at bank and in hand54/58€14,890€383▼
Deferred charges and accrued income490/1€2,338€1,052▼
Equity and liabilities
Total equity and liabilities10/49€39,176€24,057▼
Equity10/15-€2,812-€16,235▼
Contributions10/11€30,000€30,000=
Profit (loss) carried forward14-€32,812-€46,235▼
Amounts payable17/49€41,988€40,292▼
Amounts payable within one year42/48€41,988€40,292▼
Trade debts44€408€629▲
Suppliers440/4€408€629▲
Taxes, remuneration and social security45€1,996€0▼
Taxes450/3€1,996€0▼
Other amounts payable47/48€39,584€39,663▲
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3,228€2,901▼
Other operating charges640/8€414€128▼
Gross operating margin9900-€29,074-€10,135▲
Operating profit (loss)9901-€32,716-€13,164▲
Financial charges65/66B€96€258▲
Recurring financial charges65€96€258▲
Profit (loss) for the period before taxes9903-€32,812-€13,423▲
Profit (loss) for the period9904-€32,812-€13,423▲
Profit (loss) for the period to be appropriated9905-€32,812-€13,423▲
Appropriation of the result
Profit (loss) to be appropriated9906-€32,812-€46,235▼
Profit (loss) brought forward from the previous period14P--€32,812

The notes to these accounts have 11 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Line20242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3,228€2,901▼ 10.1%
Other operating charges640/8€414€128▼ 69.1%
Gross operating margin9900-€29,074-€10,135▲ 65.1%
Operating profit (loss)9901-€32,716-€13,164▲ 59.8%
Financial charges65/66B€96€258▲ 169%
Recurring financial charges65€96€258▲ 169%
Profit (loss) for the period before taxes9903-€32,812-€13,423▲ 59.1%
Profit (loss) for the period9904-€32,812-€13,423▲ 59.1%
Profit (loss) for the period to be appropriated9905-€32,812-€13,423▲ 59.1%
Line20242025Change
Assets
Total assets20/58€39,176€24,057▼ 38.6%
Fixed assets21/28€16,743€13,842▼ 17.3%
Intangible fixed assets21€7,082€5,274▼ 25.5%
Tangible fixed assets22/27€9,661€8,568▼ 11.3%
Other tangible fixed assets26€9,661€8,568▼ 11.3%
Current assets29/58€22,433€10,216▼ 54.5%
Amounts receivable within one year40/41€5,205€8,781▲ 68.7%
Trade receivables40€5,076€8,513▲ 67.7%
Other amounts receivable41€129€268▲ 108%
Cash at bank and in hand54/58€14,890€383▼ 97.4%
Deferred charges and accrued income490/1€2,338€1,052▼ 55.0%
Equity and liabilities
Total equity and liabilities10/49€39,176€24,057▼ 38.6%
Equity10/15-€2,812-€16,235▼ 477%
Contributions10/11€30,000€30,000=
Profit (loss) carried forward14-€32,812-€46,235▼ 40.9%
Amounts payable17/49€41,988€40,292▼ 4.0%
Amounts payable within one year42/48€41,988€40,292▼ 4.0%
Trade debts44€408€629▲ 54.1%
Suppliers440/4€408€629▲ 54.1%
Taxes, remuneration and social security45€1,996€0▼ 100%
Taxes450/3€1,996€0▼ 100%
Other amounts payable47/48€39,584€39,663▲ 0.2%
Line20242025Change
Profit (loss) for the period9904-€32,812-€13,423▲ 59.1%
+ Depreciation and write-downs630€3,228€2,901▼ 10.1%
Operating cash flow (approximation)-€29,584-€10,521▲ 64.4%
Investment in fixed assets (approximation)-€0-
Change in cash--€14,506-

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (2)
Financial year Type Filed Reference Document
31-12-2025 micro format 30-06-2026 2026-00225018 NBB
31-12-2024 micro format 03-07-2025 2025-00221135 PDF

Board & ownership

Directors

Directors
1 director, no change since 2023

Board 1

FRANA
Director (not named in the articles) · appointed in the act of 25-07-2023 · term without a fixed end · Private limited company · permanent representative: VRIELYNCK Frank Jozef · listed in the 2025 annual accounts, filed on 30-06-2026
Current
Permanent representatives 1
VRIELYNCK Frank Jozef
Permanent representative · appointed in the act of 25-07-2023 · for FRANA
Current
Signing authorityThe articles say who may bind the company, for example by signing a contract.
“Vertegenwoordiging - Handtekening (extern) 1. Handtekeningsbevoegdheid Onverminderd de algemene vertegenwoordigingsmacht van het…”
deed of 25-07-2023

Owners and capital

Shareholders

1 owner

Owners 1

Capital transactions

Shareholders according to the deeds
At incorporation act of 25-07-2023 ↗
  • FRANA (BE 0802.263.838) 100 shares · €10,000
  • ALTERA CONSULT (BE 0819.181.727) 100 shares · €10,000
  • MLO (BE 0804.078.134) 100 shares · €10,000
Capital over time
  1. 25-07-2023 Incorporation · €30,000

Network & group

Connections & network

1 current director
Depth

The network starts from the directors of LaBarïck.be. Every other company they run is a node.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

Timeline

Acts, filings and financial milestones

Deadline for the 2026 accounts: 31-07-2027
2026
30-06
NBB filing Annual accounts 2025 filedNBB
micro format · 31 days before the deadline
2025
03-07
NBB filing Annual accounts 2024 filedPDF
micro format · 28 days before the deadline
2023
25-07
Gazette deed Incorporation
Starting capital €30,000 · Appointment: FRANA (director) · Permanent representative: VRIELYNCK Frank Jozef · Founder11 points ▸
  • Incorporation, 19-07-2023
  • Other provision, “website en e-mailadres, voorlopig geen gebruik” (deed in Dutch)
  • Founder, FRANA
  • Founder, ALTERA CONSULT
  • Other provision, “Kapitaal, Niet van toepassing” (deed in Dutch)
  • Founding capital, €30,000
  • Other provision, “bevestiging deponering”, 13-07-2023 (deed in Dutch)
  • Founder, MLO
  • Director appointment, FRANA (director (not named in the articles))
  • Permanent representative, VRIELYNCK Frank Jozef
  • Pre-incorporation commitments, “takeover, alle verbintenissen, verplichtingen en activiteiten in naam en voor rekening vennootschap in oprichting” (deed in Dutch)

Open the act in the Belgian Official Gazette

Gazette deedNBB filing

Sources:Publications in the Belgian Official GazetteFilings with the National Bank

History

LaBarïck.be was incorporated on 20 July 2023 as a private limited company by FRANA, ALTERA CONSULT and MLO, with a starting capital of €30,000.12 FRANA is director of the company, appointed in the act of 25-07-2023.2 The company has filed 2 sets of annual accounts, the latest for financial year 2025.3

  1. 1KBO register
  2. 2Belgian Official Gazette, 25-07-2023
  3. 3National Bank, annual accounts 2025

Company details

Purpose, financial year and meetings according to the articles of association

Name, seat, purpose and duration

PurposeThe purpose describes the activities the company may carry out under its articles.
“Sauna’s, whirlpools, stoomcabines, jacuzzi’s en zwembaden, alsmede in alle artikelen en onderdelen die hiermede, zowel rechtstreeks als…”
7 activities
  1. Sauna’s, whirlpools, stoomcabines, jacuzzi’s en zwembaden, alsmede in alle artikelen en onderdelen die hiermede, zowel rechtstreeks als onrechtstreeks verband houden; het al dan niet laten installeren of installeren, herstellen en onderhouden van bovengemelde artikelen.
  2. Het aanleggen, onderhouden en herstellen van buiten- en binnenzwembaden.
  3. Het aanleggen en onderhouden van tuinen, perken en terrassen.
  4. Het uitvoeren van grondwerken.
  5. De aan- en verkoop van allerhande producten voor onderhoud van zwembaden, tuinen en terrassen.
  6. De aan- en verkoop en de verhuur van allerhande toebehoren voor een binnen- en/of buitenzwembad en tuinen.
  7. De aan- en verkoop en de verhuur, het plaatsen en aanleggen, allerhande herstellingen van elektriciteit en elektronica.
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“8870 Izegem Beukendreef 28”

General meeting and financial year

Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
First Friday of June at 11:00

Articles of association, deed of 25-07-2023 (in Dutch)

Sites & property

Location
exact location from the address register On OpenStreetMap

Buildings and parcels at the address

Ground area
891 m²
Building footprint
168 m²
Building volume
982 m³
Cadastral parcel Region Area Buildings Height / floors
36494D0857/00W002 Flanders 891 m² 1 · 168 m² 8.9 m · 2