Thibaut Barbe
ActiveSummary
Thibaut Barbe is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show negative equity (-€48,204) and a net result of -€19,604. Equity is shrinking by ~107.5% per year across the filed fiscal years. Its solvency ranks better than 5% of 8094 sector peers (fiscal year 2025). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The Checked score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
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Signals
Two signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 5% of 8094 sector peers (2025).
NBB · sector comparisonPosition among 8094 sector peers
Solvency
better than 5%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 12-08-2026, 12 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 · 3 filingsDeviation from the deadline
2025
12 d late
2024
25 d late
2023
5 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 3 accounts on average 11 days after the deadline; the sector median for financial year 2024 is 14 days before the deadline, and 28% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 12 August (3 of the last 3 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
-€48,204▼ 68.5%
2024 · -€28,600
Net result
-€19,604▲ 76.7%
2024 · -€84,066
Total assets
€4,564▼ 83.7%
2024 · €28,054
Solvency
-1056.1%▼ 954.1pp
2024 · -101.9%
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 64, Financial service activities, except insurance and pension funding, 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
Line202320242025
Operating result€73,344--€84,538-€20,473▲ 75.8%
Net result€54,466within the sector's middle half--€84,066below the sector's middle half-€19,604below the sector's middle half▲ 76.7%
Equity€55,466within the sector's middle half--€28,600below the sector's middle half-€48,204below the sector's middle half▼ 68.5%
Total assets€88,536below the sector's middle half-€28,054below the sector's middle half▼ 68.3%€4,564below the sector's middle half▼ 83.7%
Debt€33,070-€56,654▲ 71.3%€52,768▼ 6.9%
Working capital€45,466within the sector's middle half--€35,751below the sector's middle half-€52,506below the sector's middle half▼ 46.9%
Solvency62.6%within the sector's middle half--101.9%below the sector's middle half▼ 164.6pp-1056.1%below the sector's middle half▼ 954.1pp
Current ratio2.38within the sector's middle half-0.37below the sector's middle half▼ 2.01
Return on assets (ROA)61.5%above the sector's middle half--299.7%below the sector's middle half▼ 361.2pp
above
within
below
the middle half (P25 to P75) of NACE 64, Financial service activities, except insurance and pension funding, 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
The operating result stays negative: a loss of €20,473 in 2025 against €84,538 in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €4,564
Fixed assets
€4,334 ▼ 39.7%
Current assets
€230 ▼ 98.9%
Key figures and ratios
Debt ≤ 1 year
€52,736▼
2024 · €56,622
Ratios withheld: a balance sheet total of €4,564 is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,891 | €2,849 | €2,849 | = |
| Gross operating margin9900 | €75,235 | -€81,690 | -€17,624 | ▲ 78.4% |
| Operating profit (loss)9901 | €73,344 | -€84,538 | -€20,473 | ▲ 75.8% |
| Financial income75/76B | - | €626 | €1,020 | ▲ 62.9% |
| Recurring financial income75 | - | €626 | €1,020 | ▲ 62.9% |
| Financial charges65/66B | €92 | €153 | €151 | ▼ 1.7% |
| Recurring financial charges65 | €92 | €153 | €151 | ▼ 1.7% |
| Profit (loss) for the period before taxes9903 | €73,252 | -€84,066 | -€19,604 | ▲ 76.7% |
| Income taxes67/77 | €18,786 | €0 | - | - |
| Profit (loss) for the period9904 | €54,466 | -€84,066 | -€19,604 | ▲ 76.7% |
| Profit (loss) for the period to be appropriated9905 | €54,466 | -€84,066 | -€19,604 | ▲ 76.7% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €88,536 | €28,054 | €4,564 | ▼ 83.7% |
| Fixed assets21/28 | €10,032 | €7,183 | €4,334 | ▼ 39.7% |
| Tangible fixed assets22/27 | €10,032 | €7,183 | €4,334 | ▼ 39.7% |
| Furniture and vehicles24 | €8,292 | €5,833 | €3,374 | ▼ 42.2% |
| Other tangible fixed assets26 | €1,740 | €1,350 | €960 | ▼ 28.9% |
| Current assets29/58 | €78,504 | €20,871 | €230 | ▼ 98.9% |
| Amounts receivable within one year40/41 | €531 | €1,694 | €132 | ▼ 92.2% |
| Trade receivables40 | - | €1,215 | €0 | ▼ 100% |
| Other amounts receivable41 | €531 | €479 | €132 | ▼ 72.4% |
| Cash at bank and in hand54/58 | €77,973 | €19,177 | €99 | ▼ 99.5% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €88,536 | €28,054 | €4,564 | ▼ 83.7% |
| Equity10/15 | €55,466 | -€28,600 | -€48,204 | ▼ 68.5% |
| Contributions10/11 | €1,000 | €1,000 | €1,000 | = |
| Reserves13 | €54,466 | €25,936 | €25,936 | = |
| Distributable reserves133 | €54,466 | €25,936 | €25,936 | = |
| Profit (loss) carried forward14 | - | -€55,536 | -€75,140 | ▼ 35.3% |
| Amounts payable17/49 | €33,070 | €56,654 | €52,768 | ▼ 6.9% |
| Amounts payable within one year42/48 | €33,038 | €56,622 | €52,736 | ▼ 6.9% |
| Trade debts44 | €3,231 | €128 | €422 | ▲ 231% |
| Suppliers440/4 | €3,231 | €128 | €422 | ▲ 231% |
| Taxes, remuneration and social security45 | €21,337 | €18,786 | €0 | ▼ 100% |
| Taxes450/3 | €18,786 | €18,786 | €0 | ▼ 100% |
| Remuneration and social security454/9 | €2,551 | €0 | - | - |
| Other amounts payable47/48 | €8,470 | €37,708 | €52,314 | ▲ 38.7% |
| Accrued charges and deferred income492/3 | €32 | €32 | €32 | = |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €54,466 | -€84,066 | -€19,604 | ▲ 76.7% |
| + Depreciation and write-downs630 | €1,891 | €2,849 | €2,849 | = |
| Operating cash flow (approximation) | €56,357 | -€81,217 | -€16,755 | ▲ 79.4% |
| Investment in fixed assets (approximation) | - | €0 | €0 | - |
| Change in cash | - | -€58,796 | -€19,079 | ▲ 67.6% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
12-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 12 days late
2025
25-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 25 days late
2024
31-12
Financial
Weakest financial yearnet -€84,066
Net result drops to -€84,066, the lowest in the series; recovery starts the following year.
26-07
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.
0 of 2 acts read
About the unread acts
We know of 2 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
2 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, Izegem · 1 establishment unit since 2023
Ground area
1,135 m²
Building footprint
262 m²
Volume, LiDAR
1,067 m³
Parcel 36494D1223/00F000, Flanders · tallest building 6.3 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Thibaut Barbe
since 20232.340.857.943
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 36494D1223/00F000 | Flanders | 1,134 m² | 1 · 262 m² | 6.3 m · 1 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.
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Of 24,728 companies in sector 64210 we hold annual accounts for 19,805. 10,736 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded25-01-2023
Fiscal year end31-12
Activities, NACEBEL 2025
64210Activities of holding companies
70200Business and other management consultancy
73300Public relations and communication consultancy
82100Office administrative and support services
82990Other business support services
E-invoicing
Reachable via Peppol
Peppol ID
0208:0797626743
Also
9925:BE0797626743
Registered
16-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.