The Belgian Barn
ActiveSummary
The Belgian Barn has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €40k and a net result of €49k. Equity is shrinking by ~16.9% per year across the filed fiscal years. Its solvency ranks better than 28% of 8663 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
68
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+16
Solvency52▼-41
Growth32▼-20
Track record94
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2.5k at 30 days acceptable
Liquidity tight (current ratio 1.29 against 3.33 in 2024; short-term debt: 73.2% and cash: 12.1% of total assets), and 73.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
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
26.7%
Return on assets
32.4%
Age of the figures
15 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 16-12-2025, 46 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
46 d early
2024
49 d early
2023
35 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close24-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€40k▼ 43.8%
2024 · €71k
2023: €61k
2024: €71k
2023 → 2025
Total assets
€150k▲ 43.5%
2024 · €105k
2023: €156k
2024: €105k
2023 → 2025
Net result
€49k▲ 282%
2024 · €13k
2023: €69k
2024: €13k
2023 → 2025
Working capital
€32k▼ 46.7%
2024 · €60k
2023: €48k
2024: €60k
2023 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202320242025Trend
Equity€61k-€71k▲ 17.7%€40k▼ 43.8%
Operating result€87k-€16k▼ 81.8%€61k▲ 287%
Net result€69k-€13k▼ 81.4%€49k▲ 282%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 287% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €150k
Fixed assets
€9k ▼ 56.3%
Current assets
€142k ▲ 66.6%
Equity and liabilities €150k
Equity
€40k ▼ 43.8%
Debt
€110k ▲ 231%
Debt's share of the balance-sheet total rises from 31.8% to 73.3%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€75k▲
2024 · €30k
Cash flow
€63k▲
2024 · €27k
Current ratio
1.29▼
2024 · 3.33
Debt to equity
2.74▲
2024 · 0.47
ROE
121.4%▲
2024 · 17.9%
ROA
32.4%▲
2024 · 12.2%
Interest coverage
94.78▲
2024 · 93.37
Debt ≤ 1 year
€110k▲
2024 · €26k
Income taxes
€13k▲
2024 · €4k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 43 lines
Balance sheet
Code20242025
Assets
Total assets20/58€105k€150k▲
Fixed assets21/28€20k€9k▼
Tangible fixed assets22/27€20k€9k▼
Plant, machinery and equipment23€474€170▼
Furniture and vehicles24€19k€8k▼
Current assets29/58€85k€142k▲
Amounts receivable within one year40/41€36k€68k▲
Trade receivables40€11k€48k▲
Other amounts receivable41€25k€19k▼
Current investments50/53-€54k
Cash at bank and in hand54/58€48k€18k▼
Deferred charges and accrued income490/1€1k€1k▲
Equity and liabilities
Total equity and liabilities10/49€105k€150k▲
Equity10/15€71k€40k▼
Contributions10/11€12k€12k=
Profit (loss) carried forward14€59k€28k▼
Amounts payable17/49€33k€110k▲
Amounts payable after more than one year17€7k-
Financial debts170/4€7k-
Amounts payable within one year42/48€26k€110k▲
Current portion of amounts payable after more than one year42€13k€7k▼
Trade debts44€787€689▼
Suppliers440/4€787€689▼
Taxes, remuneration and social security45€10k€22k▲
Taxes450/3€10k€22k▲
Other amounts payable47/48€2k€80k▲
Accrued charges and deferred income492/3€359€200▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€14k€14k▲
Other operating charges640/8€650€622▼
Gross operating margin9900€31k€76k▲
Operating profit (loss)9901€16k€61k▲
Financial income75/76B€836€921▲
Recurring financial income75€836€921▲
Financial charges65/66B€320€796▲
Recurring financial charges65€320€796▲
Profit (loss) for the period before taxes9903€16k€61k▲
Income taxes67/77€4k€13k▲
Profit (loss) for the period9904€13k€49k▲
Profit (loss) for the period to be appropriated9905€13k€49k▲
Appropriation of the result
Profit (loss) to be appropriated9906€61k€108k▲
Profit (loss) brought forward from the previous period14P€49k€59k▲
Profit to be distributed694/7€2k€80k▲
Return on contributions (dividend)694€2k€80k▲
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2025
16-12
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2024
13-12
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
30-06
Financial
Weakest financial yearnet €13k ▼81.4%
Net result drops to €13k, the lowest in the series; recovery starts the following year.
30-06
Financial
Liquidity doublescurrent ratio 3.33
Current ratio from 1.64 to 3.33; short-term debt falls from €75k to €26k.
2023
27-12
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
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, Gent · 1 establishment unit since 2021
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.
Rodebeukenhof 89050 GentGround area
296 m²
Building footprint
67 m²
Volume, LiDAR
550 m³
Parcel 44022A0386/00B011, Flanders · tallest building 11.4 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
The Belgian Barn
since 20212.324.625.883
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44022A0386/00B011 | Flanders | 295 m² | 1 · 67 m² | 11.4 m · 3 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
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OBGA Project Management Services
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ZHANG'S
BE 0680.962.566
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Of 82,562 companies in sector 70200 we hold annual accounts for 52,574. 36,705 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded25-11-2021
Fiscal year end30-06
Abbreviation NL
TBB
Activities, NACEBEL 2025
70200Business and other management consultancy
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.