MOENS BART
ActiveMOENS BART has been active since 1991 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €686k and a net result of €977k. Equity is shrinking by ~4.9% per year across the filed fiscal years. Its solvency ranks better than 29% of 35 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
86
/ 100
Excellent▼ -3 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency47▼-13
Growth58=
Stability100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €60k at 30 days acceptable
Liquidity tight (current ratio 1.21 against 1.37 in 2024), and 72.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 37
Relative position
BE, all sectors
reference
Sector 37
lower
← fewer bankruptcies
more bankruptcies →
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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
27.2%
Return on assets
38.7%
Age of the figures
8 mo
lowers risk · Growing equity
Equity grew over 2023-2025. Profits are largely retained rather than distributed.
NBB · annual accounts 2025Equity per financial year
19202122232425
2019 to 2025 · latest year €686k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 03-08-2026, 3 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 · 10 filingsDeviation from the deadline
2025
3 d late
2024
on the day
2023
on the day
2022
3 d late
2021
17 d early
2020
37 d early
2019
8 d late
← before the deadline
after the deadline →
Financials · fiscal year 2025, abbreviated schema
Equity
€686k▲ 49.6%
2024 · €459k
2019: €695k
2020: €881k
2021: €1.07M
2022: €285k
2023: €379k
2024: €459k
2019 → 2025
Total assets
€2.52M▲ 80.8%
2024 · €1.40M
2019: €1.29M
2020: €1.47M
2021: €1.50M
2022: €1.12M
2023: €1.42M
2024: €1.40M
2019 → 2025
Net result
€977k▲ 157%
2024 · €380k
2019: €98k
2020: €186k
2021: €241k
2022: €563k
2023: €294k
2024: €380k
2019 → 2025
Working capital
€289k▲ 30.8%
2024 · €221k
2019: €592k
2020: €637k
2021: €842k
2022: €245k
2023: €183k
2024: €221k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€1.07M-€285k▼ 73.4%€379k▲ 32.9%€459k▲ 21.2%€686k▲ 49.6%
Operating result€317k-€546k▲ 72.4%€366k▼ 33.0%€520k▲ 42.2%€1.35M▲ 159%
Net result€241k-€563k▲ 133%€294k▼ 47.8%€380k▲ 29.5%€977k▲ 157%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 159% above 2024 and is the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.52M
Fixed assets
€826k▲ 43.8%
Current assets
€1.70M▲ 107%
Equity and liabilities €2.52M
Equity
€686k▲ 49.6%
Provisions
€36k▲ 59.8%
Debt
€1.80M▲ 96.9%
The debt ratio rises from 65.5% to 71.4%: debt grows faster than equity.
Key figures and ratios
EBITDA
€1.67M▲
2024 · €648k
Cash flow
€1.30M▲
2024 · €508k
Solvency
27.2%▼
2024 · 32.9%
Current ratio
1.21▼
2024 · 1.37
Quick ratio
1.20▼
2024 · 1.35
Debt / equity
2.62▲
2024 · 1.99
ROE
142.4%▲
2024 · 82.9%
ROA
38.7%▲
2024 · 27.2%
Interest coverage
31.62▲
2024 · 22.44
Debt
€1.80M▲
2024 · €914k
Debt ≤ 1 year
€1.41M▲
2024 · €600k
Debt > 1 year
€391k▲
2024 · €314k
Income taxes
€309k▲
2024 · €120k
Staff costs
€1.04M▲
2024 · €404k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€1.40M€2.52M▲
Fixed assets21/28€574k€826k▲
Intangible fixed assets21€34k€60k▲
Tangible fixed assets22/27€521k€747k▲
Plant, machinery and equipment23€41k€45k▲
Furniture and vehicles24€221k€389k▲
Leasing and similar rights25€256k€311k▲
Other tangible fixed assets26€3k€2k▼
Financial fixed assets28€19k€19k▲
Current assets29/58€821k€1.70M▲
Amounts receivable after more than one year29€3k€0▼
Other amounts receivable291€3k€0▼
Stocks and contracts in progress3€11k€8k▼
Contracts in progress37€11k€8k▼
Amounts receivable within one year40/41€299k€1.14M▲
Trade receivables40€265k€273k▲
Other amounts receivable41€34k€863k▲
Cash at bank and in hand54/58€490k€347k▼
Deferred charges and accrued income490/1€19k€206k▲
Equity and liabilities
Total equity and liabilities10/49€1.40M€2.52M▲
Equity10/15€459k€686k▲
Contributions10/11€37k€37k=
Reserves13€421k€649k▲
Tax-exempt reserves132€67k€108k▲
Distributable reserves133€354k€541k▲
Profit (loss) carried forward14€0€0=
Provisions and deferred taxes16€22k€36k▲
Deferred taxes168€22k€36k▲
Amounts payable17/49€914k€1.80M▲
Amounts payable after more than one year17€314k€391k▲
Financial debts170/4€314k€391k▲
Amounts payable within one year42/48€600k€1.41M▲
Current portion of amounts payable after more than one year42€83k€365k▲
Financial debts43€27k€64▼
Credit institutions430/8€27k€64▼
Trade debts44€157k€248k▲
Suppliers440/4€157k€248k▲
Taxes, remuneration and social security45€26k€44k▲
Taxes450/3€0€4k▲
Remuneration and social security454/9€26k€39k▲
Other amounts payable47/48€307k€751k▲
Accrued charges and deferred income492/3€252€2k▲
Income statement
Code20242025
Non-recurring operating income76A€70k€111k▲
Remuneration, social security and pensions62€404k€1.04M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€128k€320k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€576
Other operating charges640/8€21k€57k▲
Non-recurring operating charges66A€2k€1k▼
Gross operating margin9900€1.07M€2.76M▲
Operating profit (loss)9901€520k€1.35M▲
Financial income75/76B€1k€7k▲
Recurring financial income75€1k€7k▲
Financial charges65/66B€29k€53k▲
Recurring financial charges65€29k€53k▲
Profit (loss) for the period before taxes9903€493k€1.30M▲
Transfer from deferred taxes780€7k€14k▲
Transfer to deferred taxes680-€28k
Income taxes67/77€120k€309k▲
Profit (loss) for the period9904€380k€977k▲
Transfer from tax-exempt reserves789€22k€42k▲
Transfer to tax-exempt reserves689-€83k
Profit (loss) for the period to be appropriated9905€402k€937k▲
Appropriation of the result
Profit (loss) to be appropriated9906€402k€937k▲
Profit (loss) brought forward from the previous period14P€0-
Transfer to equity691/2€102k€187k▲
To other reserves6921€102k€187k▲
Profit to be distributed694/7€300k€750k▲
Return on contributions (dividend)694€250k€750k▲
Directors or managers695€50k€0▼
Social balance
Average headcount (FTE)90876.58.6▲
The notes to these accounts (23 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
03-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 3 days late
2025
31-12
Financial
Highest result since 2019net €977k ▲157%
Operating result €1.35M, net result €977k, both a record.
31-12
Financial
Equity above €500kEq €686k ▲49.6%
7 profitable years in a row build equity to €686k.
2024
31-10
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2023
31-10
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2022
03-11
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 3 days late
2021
14-10
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
31-03
Financial
Equity above €1MEq €1.07M ▲21.7%
3 profitable years in a row build equity to €1.07M.
2020
24-09
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2019
08-11
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 8 days late
2018
31-10
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2017
31-10
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2016
31-10
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 directors, no change since 2025
K.L. DEKOSTER
CurrentDirector · since 14-03-2025 · Private limited company · perm. rep.: DEKOSTER Luc
14-03-2025
K.L. DEKOSTER: Appointed as Director
14-03-2025
Condor Management: Resigned as Director
14-03-2025
Delegando BV: Resigned as Director
Location & real-estate footprint
Registered office, Dendermonde · 1 establishment unit since 1991
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.
Vosmeer (STG) 169200 DendermondeGround area
1,965 m²
Building footprint
484 m²
Volume, LiDAR
2,134 m³
Parcel 42021A0854/00S003, Flanders · tallest building 6.5 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
BART MOENS BVBA
since 19912.053.673.508
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 42021A0854/00S003 | Flanders | 1,965 m² | 1 · 484 m² | 6.5 m · 1 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.
Similar companies · same sector, comparable size
DEKEYSER MILIEU
BE 0467.600.673
Brugge · Eq €681k
DE WEVER GUIDO
BE 0862.889.630
Ternat · Eq €681k
DAJANA
BE 0867.717.161
Hoogstraten · Eq €661k
EGOUT MAINTENANCE SERVICES
BE 0876.877.921
Anderlecht · Eq €635k
RIOCLEAN
BE 0448.640.242
Alken · Eq €628k
Of 360 companies in sector 37000 we hold annual accounts for 204. 135 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded09-07-1991
Fiscal year end31-12
Activities, NACEBEL
37000Sewerage
90010
Sources
Crossroads Bank for EnterprisesNational Bank · 33 filingsAddress and cadastre registers
Data from official sources, last processed on 11-09-2026. Scores and ratios are computed by Checked and are not a credit decision.