Skip to content

THE BARREL

Active
Private limited companyfounded 200620 yrs activeSchildershof 22, 3600 Genk, BelgiumKBO/BCE: BE 0883.393.648
Summary

The computed 12-month bankruptcy probability of THE BARREL is 5.9% (elevated). For THE BARREL, at least two filing cycles of the annual accounts are missing. The 2022 annual accounts show negative equity (-€76,590). Equity is shrinking by ~12.9% per year across the filed fiscal years. Its equity ranks better than 7% of 1070 sector peers (fiscal year 2022). The company has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals.

Risk analysisWatch ReportCompare
THE BARRELActive
Risk analysis ReportCompare

Overview

Activity
Public relations and communication consultancy
NACE 73300NACE 70120NACE 70210
1 site
Size
-€76,590equity 2022
Financial health
Bankruptcy chance 12 m
5.9%
2022 figures too old to score
Structure
Accounts 795 d overdue0 of 3 deeds read
Signals- Figures for FY 2019 (filed 24-06-2020)- 3 financial years not filed after the legal deadline- Liquidity: current ratio 0.44- Two or more financial years not filed+ Sector Advertising, market research and public relations activities (NACE 73)Latest accounts filed on timeShow the evidence

Checked score

No current score
Figures too old
The available figures for FY 2022 are too old to assess current financial health.
Bankruptcy probability: Elevated
Filing: At least two filing cycles are missing
Bankruptcy probability, 12 months
5.9% Elevated
0%0.5%1.5%4%10%≥ 25%

About 6 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (11,139 companies)
Last 24 months 11-2024: 4.8% 12-2024: 4.8%● 0.0% vs 11-2024 01-2025: 4.8%● 0.0% vs 12-2024 02-2025: 4.8%● 0.0% vs 01-2025 03-2025: 4.8%● 0.0% vs 02-2025 04-2025: 4.8%● 0.0% vs 03-2025 05-2025: 3.5%▼ -28.3% vs 04-2025lowest value 06-2025: 3.5%● 0.0% vs 05-2025lowest value 07-2025: 3.5%● 0.0% vs 06-2025lowest value 08-2025: 5.9%▲ +69.9% vs 07-2025highest value 09-2025: 5.9%● 0.0% vs 08-2025highest value 10-2025: 5.9%● 0.0% vs 09-2025highest value 11-2025: 5.9%● 0.0% vs 10-2025highest value 12-2025: 5.9%● 0.0% vs 11-2025highest value 01-2026: 5.9%● 0.0% vs 12-2025highest value 02-2026: 5.9%● 0.0% vs 01-2026highest value 03-2026: 5.9%● 0.0% vs 02-2026highest value 04-2026: 5.9%● 0.0% vs 03-2026highest value 05-2026: 5.9%● 0.0% vs 04-2026highest value 06-2026: 5.9%● 0.0% vs 05-2026highest value 07-2026: 5.9%● 0.0% vs 06-2026highest value 08-2026: 5.9%● 0.0% vs 07-2026highest value 09-2026: 5.9%● 0.0% vs 08-2026highest value 10-2026: 5.9%● 0.0% vs 09-2026highest value
  • Figures for FY 2019 (filed 24-06-2020) raises the probability
  • 3 financial years not filed after the legal deadline raises the probability
  • Liquidity: current ratio 0.44 raises the probability
  • Sector Advertising, market research and public relations activities (NACE 73) lowers the probability
Credit check for your own amount and term

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

Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Figures for FY 2019 (filed 24-06-2020)
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
raises risk · 3 financial years not filed after the legal deadline
In the bankruptcy model this factor raises the probability.
NBB · filings
raises risk · Liquidity: current ratio 0.44
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
lowers risk · Sector Advertising, market research and public relations activities (NACE 73)
In the bankruptcy model this factor lowers the probability.
KBO
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 · 10 filings
Position against the passed deadline
31-12-2023 close31-07-2024 deadline04-10-2026 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 10-07-2023, 21 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
21 d early
2021
25 d early
2020
30 d early
2019
39 d early
← 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 29 days before the deadline; the sector median for financial year 2024 is 6 days before the deadline, and 36% 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
  1. Annual accounts filedfiscal year 2022 · full…
  2. Annual accounts filedfiscal year 2021 · full…
  3. Annual accounts filedfiscal year 2020 · full…

Key points

  • Risk: Accounts not fileddeadline was 31-07-2024 795 d late View
  • Risk: Negative equityfiscal year 2022: debts exceed assets -€76,590 View
  • Caution: Among the weakest 7% on equitysector median €257,913 · 1,070 companies -€76,590 View

By topic

Timeline

Events
10
Since
2014
  1. 10-07-2023Annual accounts filed
  2. 06-07-2022Annual accounts filed
  3. 01-07-2021Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Public relations and communication consultancyNACE 73300
Founded
06-09-2006
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Go further with this company

How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed

Your own company? See how customers, suppliers and banks see it and what to improve first.

Investigating this company? Keep it with today's facts in a case file.

We would like to set cookies. That happens only with your consent. What we measure