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POINT-BARE

Active
Coöperatieve vennootschap met onbeperkte aansprakelijkheidfounded 201511 yrs activeLange Haagstraat 110, 1630 Linkebeek, BelgiumKBO/BCE: BE 0598.752.789
Summary

For POINT-BARE, at least two filing cycles of the annual accounts are missing. The 2022 annual accounts show equity of €17,634 and a net result of €7,153. Equity is shrinking by ~4.7% per year across the filed fiscal years. Its solvency ranks better than 36% of 2055 sector peers (fiscal year 2022). The company has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.1% (very low).

Checked score

No current score
Figures too old
The available figures for FY 2022 are too old to assess current financial health.
Filing: At least two filing cycles are missing
Axes, FY 2022 · tick = 2021
Profitability84▲+1
Solvency56▼-24
Growth58=
Track record100
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
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Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 90
Relative position
BE, all sectors
reference
Arts creation and performing arts activities (NACE 90)
about 58% 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 2022
Solvency, return and age of the figures
Solvency
30.7%
Return on assets
12.4%
Age of the figures
45 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 11 years 0 20 y
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2023, 3 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 8 filings
Position against the passed deadline
31-12-2023 close31-07-2024 deadline29-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 29-06-2023, 32 days ahead of the deadline.
NBB · 8 filings
Deviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
32 d early
2021
29 d late
2020
25 d late
2019
101 d late
← 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 31 days after the deadline; the sector median for financial year 2024 is 4 days before the deadline, and 38% 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 18 February 2015, POINT-BARE was incorporated.1 Total assets went from EUR 39,122 in 2018 to EUR 57,511 in 2022.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2022

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Financials · fiscal year 2022, micro schema

Equity
€17,634▼ 11.9%
2021 · €20,012
Total assets
€57,511▲ 57.6%
2021 · €36,488
Net result
€7,153▲ 68.7%
2021 · €4,240
Working capital
€11,681▼ 37.1%
2021 · €18,569
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 90, Arts creation and performing arts activities, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20182019202020212022
Operating result€3,439-€1,713▼ 50.2%€7,256▲ 323%€7,789▲ 7.3%€12,718▲ 63.3%
Net result€1,357-€431▼ 68.2%€5,149within the sector's middle half▲ 1,094%€4,240within the sector's middle half▼ 17.7%€7,153within the sector's middle half▲ 68.7%
Equity€21,513-€21,944▲ 2.0%€27,093within the sector's middle half▲ 23.5%€20,012within the sector's middle half▼ 26.1%€17,634within the sector's middle half▼ 11.9%
Total assets€39,122-€25,716▼ 34.3%€35,184below the sector's middle half▲ 36.8%€36,488below the sector's middle half▲ 3.7%€57,511within the sector's middle half▲ 57.6%
Debt€17,609-€3,772▼ 78.6%€8,091▲ 114%€16,477▲ 104%€39,877▲ 142%
Working capital€20,925-€21,052▲ 0.6%€26,102within the sector's middle half▲ 24.0%€18,569within the sector's middle half▼ 28.9%€11,681within the sector's middle half▼ 37.1%
Solvency55.0%-85.3%▲ 30.3pp77.0%above the sector's middle half▼ 8.3pp54.8%within the sector's middle half▼ 22.2pp30.7%within the sector's middle half▼ 24.2pp
Current ratio2.19-6.58▲ 4.394.23above the sector's middle half▼ 2.362.13within the sector's middle half▼ 2.101.38within the sector's middle half▼ 0.74
Return on assets (ROA)3.5%-1.7%▼ 1.8pp14.6%above the sector's middle half▲ 13.0pp11.6%within the sector's middle half▼ 3.0pp12.4%within the sector's middle half▲ 0.8pp
above within below the middle half (P25 to P75) of NACE 90, Arts creation and performing arts activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€5,000€10,000€15,000Operating result 2018: €3,439€3,439Net result 2018: €1,357€1,357Operating result 2019: €1,713€1,713Net result 2019: €431€431Operating result 2020: €7,256€7,256Net result 2020: €5,149€5,149Operating result 2021: €7,789€7,789Net result 2021: €4,240€4,240Operating result 2022: €12,718€12,718Net result 2022: €7,153€7,15320182019202020212022€0€5,000€10,000€15,000Operating result 2020: €7,256€7,260Net result 2020: €5,149€5,150Operating result 2021: €7,789€7,790Net result 2021: €4,240€4,240Operating result 2022: €12,718€12,700Net result 2022: €7,153€7,150202020212022
After the dip in 2019 the operating result has climbed three years in a row; 2022 is 63% above 2021 and is the highest result in the available series.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €57,511
Fixed assets €15,283 ▲ 960%
Current assets €42,228 ▲ 20.5%
Equity and liabilities €57,511
Equity €17,634 ▼ 11.9%
Debt €39,877 ▲ 142%
Debt's share of the balance-sheet total rises from 45.2% to 69.3%. Equity is lower and debt is higher.
Key figures and ratios
2022 value · change against 2021
EBITDA
€14,518▲
2021 · €8,018
Cash flow
€8,953▲
2021 · €4,469
Debt to equity
2.26▲
2021 · 0.82
ROE
40.6%▲
2021 · 21.2%
Interest coverage
19.81▲
2021 · 11.75
Debt ≤ 1 year
€30,547▲
2021 · €16,477
Debt > 1 year
€9,330
Income taxes
€4,841▲
2021 · €2,870
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2022 against 2021 · 51 lines
Balance sheet Code20212022
Assets
Total assets20/58€36,488€57,511▲
Fixed assets21/28€1,442€15,283▲
Tangible fixed assets22/27€1,091€14,932▲
Land and buildings22€1,091€689▼
Furniture and vehicles24-€14,243
Financial fixed assets28€351€351=
Current assets29/58€35,046€42,228▲
Amounts receivable within one year40/41€29,274€30,585▲
Trade receivables40€20,523€25,834▲
Other amounts receivable41€8,751€4,751▼
Cash at bank and in hand54/58€2,931€11,385▲
Deferred charges and accrued income490/1€2,841€258▼
Equity and liabilities
Total equity and liabilities10/49€36,488€57,511▲
Equity10/15€20,012€17,634▼
Contributions10/11€600€600=
Reserves13€18,980€16,603▼
Non-distributable reserves130/1€60€60=
Reserves not available under the articles1311€60€60=
Distributable reserves133€18,920€16,543▼
Profit (loss) carried forward14€431€431=
Amounts payable17/49€16,477€39,877▲
Amounts payable after more than one year17-€9,330
Financial debts170/4-€9,330
Amounts payable within one year42/48€16,477€30,547▲
Current portion of amounts payable after more than one year42-€4,595
Trade debts44€3,068€9,776▲
Suppliers440/4€3,068€9,776▲
Advances received on contracts in progress46-€1,476
Taxes, remuneration and social security45€2,652€5,646▲
Taxes450/3€2,652€5,646▲
Other amounts payable47/48€10,756€9,054▼
Income statement Code20212022
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€229€1,800▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€587
Other operating charges640/8€594€602▲
Gross operating margin9900€8,612€15,706▲
Operating profit (loss)9901€7,789€12,718▲
Financial income75/76B€4€9▲
Recurring financial income75€4€9▲
Financial charges65/66B€682€733▲
Recurring financial charges65€682€733▲
Profit (loss) for the period before taxes9903€7,110€11,994▲
Income taxes67/77€2,870€4,841▲
Profit (loss) for the period9904€4,240€7,153▲
Profit (loss) for the period to be appropriated9905€4,240€7,153▲
Appropriation of the result
Profit (loss) to be appropriated9906€4,672€7,585▲
Profit (loss) brought forward from the previous period14P€431€431=
Transfer from equity791/2€11,322€9,530▼
Transfer to equity691/2€4,240€7,153▲
To other reserves6921€4,240€7,153▲
Profit to be distributed694/7€11,322€9,530▼
Return on contributions (dividend)694€11,322€9,530▼

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20182019202020212022Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€686€224€250€229€1,800▲ 687%
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4----€587-
Other operating charges640/8---€594€602▲ 1.2%
Gross operating margin9900€4,709€2,525€8,097€8,612€15,706▲ 82.4%
Operating profit (loss)9901€3,439€1,713€7,256€7,789€12,718▲ 63.3%
Financial income75/76B---€4€9▲ 127%
Recurring financial income75-€3€63€4€9▲ 127%
Financial charges65/66B---€682€733▲ 7.4%
Recurring financial charges65€309€328€218€682€733▲ 7.4%
Profit (loss) for the period before taxes9903€3,130€1,388€7,101€7,110€11,994▲ 68.7%
Income taxes67/77€1,773€956€1,952€2,870€4,841▲ 68.7%
Profit (loss) for the period9904€1,357€431€5,149€4,240€7,153▲ 68.7%
Profit (loss) for the period to be appropriated9905€1,357€431€5,149€4,240€7,153▲ 68.7%
Line20182019202020212022Change
Assets
Total assets20/58€39,122€25,716€35,184€36,488€57,511▲ 57.6%
Fixed assets21/28€588€892€991€1,442€15,283▲ 960%
Tangible fixed assets22/27€237€541€640€1,091€14,932▲ 1,268%
Land and buildings22---€1,091€689▼ 36.8%
Furniture and vehicles24----€14,243-
Financial fixed assets28€351€351€351€351€351=
Current assets29/58€38,534€24,824€34,193€35,046€42,228▲ 20.5%
Amounts receivable within one year40/41€20,420€14,034€25,319€29,274€30,585▲ 4.5%
Trade receivables40---€20,523€25,834▲ 25.9%
Other amounts receivable41---€8,751€4,751▼ 45.7%
Cash at bank and in hand54/58€10,028€3,607€3,372€2,931€11,385▲ 288%
Deferred charges and accrued income490/1---€2,841€258▼ 90.9%
Equity and liabilities
Total equity and liabilities10/49€39,122€25,716€35,184€36,488€57,511▲ 57.6%
Equity10/15€21,513€21,944€27,093€20,012€17,634▼ 11.9%
Contributions10/11€600€600-€600€600=
Reserves13€20,913€20,913€26,062€18,980€16,603▼ 12.5%
Non-distributable reserves130/1---€60€60=
Reserves not available under the articles1311---€60€60=
Distributable reserves133---€18,920€16,543▼ 12.6%
Profit (loss) carried forward14-€431€431€431€431=
Amounts payable17/49€17,609€3,772€8,091€16,477€39,877▲ 142%
Amounts payable after more than one year17----€9,330-
Financial debts170/4----€9,330-
Amounts payable within one year42/48€17,609€3,772€8,091€16,477€30,547▲ 85.4%
Current portion of amounts payable after more than one year42----€4,595-
Trade debts44€4,354€2,294€5,556€3,068€9,776▲ 219%
Suppliers440/4---€3,068€9,776▲ 219%
Advances received on contracts in progress46----€1,476-
Taxes, remuneration and social security45---€2,652€5,646▲ 113%
Taxes450/3---€2,652€5,646▲ 113%
Other amounts payable47/48---€10,756€9,054▼ 15.8%
Line20182019202020212022Change
Profit (loss) for the period9904€1,357€431€5,149€4,240€7,153▲ 68.7%
+ Depreciation and write-downs630€686€224€250€229€1,800▲ 687%
Operating cash flow (approximation)€2,043€656€5,399€4,469€8,953▲ 100%
Investment in fixed assets (approximation)--€528-€349-€680-€15,641▼ 2,201%
Change in cash--€6,421-€235-€441€8,455▲ 2,016%

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

2023
29-06
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial Highest result since 2018net €7,153 ▲68.7%
Operating result €12,718, net result €7,153, both a record.
29-08
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 29 days late
2021
25-08
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 25 days late
2020
09-11
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 101 days late
2019
31-12
Financial Weakest financial yearnet €431 ▼68.2%
Net result drops to €431, the lowest in the series; recovery starts the following year.
31-12
Financial Liquidity triplescurrent ratio 6.58
Current ratio from 2.19 to 6.58; short-term debt falls from €17,609 to €3,772.
08-08
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 8 days late
2018
31-07
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
26-07
NBB filing Annual accounts filed
fiscal year 2016 · full schema
2016
10-08
NBB filing Annual accounts filed
fiscal year 2015 · full schema · 10 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.

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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 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Linkebeek · 1 establishment unit since 2015
seat establishment The establishment unit on the map
Ground area
257 m²
Building footprint
69 m²
Volume, LiDAR
631 m³
Parcel 22003C0227/00Z004, Flanders · tallest building 12.4 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
POINT-BARE
Lange Haagstraat 110, 1630 LinkebeekRepair, maintenance and installation of machinery and equipment
since 20152.239.802.650
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
22003C0227/00Z004 Flanders 257 m² 1 · 69 m² 12.4 m · 3 fl.
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

Of 2,277 companies in sector 90202 we hold annual accounts for 414. 262 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formCoöperatieve vennootschap met onbeperkte aansprakelijkheid
Founded18-02-2015
Fiscal year end31-12
Activities, NACEBEL 2025
90202Performing arts by artistic ensembles
90201Performing arts by independent artists
90111Literary creation
90120Visual arts creation
90391Promotion and organisation of arts and performing arts events
90392Design and construction of stages and sets
90399Other support activities for arts and performing arts
93299Other amusement and recreation activities
E-invoicing
Reachable via Peppol
Peppol ID 0208:0598752789
Also 9925:BE0598752789
Registered 02-12-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 28 September 2026 · Peppol Directory

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