Van Barno Group
ActiveSummary
The computed 12-month bankruptcy probability of Van Barno Group is 1.6% (moderate). The 2024 annual accounts show negative equity (€-76k) and a net result of €-87k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 5% of 9038 sector peers (fiscal year 2024). The company has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
21
/ 100
Critical
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability0▼-8
Solvency0▼-29
Growth32▼-20
Track record100
Bankruptcy probability, 12 months
1.6%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.3 against 0.01 in 2023; short-term debt: 255.7% and cash: 0% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 2024Solvency, return and age of the figures
Solvency
-161%
Return on assets
-183.7%
Age of the figures
24 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← 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
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year €-76k
raises risk · Annual accounts not filed
The financial year that closed on 30-09-2025 was due at the National Bank by 30-04-2026. Nothing is on record, 147 days later.
NBB · 10 filingsPosition against the passed deadline
30-09-2025 close30-04-2026 deadline24-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 30-09-2024 was due by 30-04-2025 and was filed on 09-07-2025, 70 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
not filed
2024
70 d late
2023
30 d late
2022
6 d early
2021
15 d early
2020
31 d early
2019
6 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, abbreviated schema
Source amounts without an identifiable currency are assumed to be EUR.
Equity
€-76k
2023 · €11k
2018: €-6k
2019: €11k
2020: €23k
2021: €24k
2022: €42k
2023: €11k
2018 → 2024
Total assets
€47k▼ 82.8%
2023 · €275k
2018: €564k
2019: €484k
2020: €452k
2021: €520k
2022: €494k
2023: €275k
2018 → 2024
Net result
€-87k▼ 182%
2023 · €-31k
2018: €797
2019: €17k
2020: €12k
2021: €846
2022: €18k
2023: €-31k
2018 → 2024
Working capital
€-85k▲ 21.5%
2023 · €-108k
2018: €66k
2019: €10k
2020: €-10k
2021: €-44k
2022: €-94k
2023: €-108k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€23k-€24k▲ 3.7%€42k▲ 75.5%€11k▼ 74.1%€-76k
Operating result€24k-€11k▼ 53.0%€36k▲ 227%€-7k€-61k▼ 774%
Net result€12k-€846▼ 92.8%€18k▲ 2,013%€-31k€-87k▼ 182%
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 stays negative: a loss of €61k in 2024 against €7k in 2023; the loss grows and 2024 has the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €47k
Fixed assets
€11k ▼ 96.0%
Current assets
€36k ▲ 3,294%
Key figures and ratios
EBITDA
€-60k▼
2023 · €10k
Cash flow
€-86k▼
2023 · €-14k
Solvency
-161.0%▼
2023 · 3.9%
Current ratio
0.30▲
2023 · 0.01
Debt to equity
-1.62▼
2023 · 24.57
ROA
-183.7%▼
2023 · -11.2%
Interest coverage
-2.17▼
2023 · 0.40
Debt
€124k▼
2023 · €264k
Debt ≤ 1 year
€121k▲
2023 · €109k
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 · 2024 against 2023 · 46 lines
Balance sheet
Code20232024
Assets
Total assets20/58€275k€47k▼
Fixed assets21/28€274k€11k▼
Tangible fixed assets22/27€274k€11k▼
Land and buildings22€273k-
Plant, machinery and equipment23€1k€11k▲
Current assets29/58€1k€36k▲
Amounts receivable within one year40/41€1k€36k▲
Trade receivables40-€33k
Other amounts receivable41€1k€4k▲
Cash at bank and in hand54/58-€12
Deferred charges and accrued income490/1€60-
Equity and liabilities
Total equity and liabilities10/49€275k€47k▼
Equity10/15€11k€-76k▼
Contributions10/11€20k€20k=
Reserves13€18k€18k=
Non-distributable reserves130/1€620-
Reserves not available under the articles1311€620-
Distributable reserves133€18k€18k▲
Profit (loss) carried forward14€-28k€-115k▼
Amounts payable17/49€264k€124k▼
Amounts payable after more than one year17€155k-
Financial debts170/4€155k-
Amounts payable within one year42/48€109k€121k▲
Current portion of amounts payable after more than one year42€48k-
Financial debts43€28k-
Credit institutions430/8€28k-
Trade debts44€21k€29k▲
Suppliers440/4€21k€29k▲
Advances received on contracts in progress46-€13k
Taxes, remuneration and social security45€12k-
Taxes450/3€12k-
Other amounts payable47/48-€79k
Accrued charges and deferred income492/3-€3k
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€17k€576▼
Other operating charges640/8€8k€58k▲
Gross operating margin9900€17k€-3k▼
Operating profit (loss)9901€-7k€-61k▼
Financial income75/76B-€2k
Recurring financial income75-€2k
Financial charges65/66B€24k€28k▲
Recurring financial charges65€24k€28k▲
Profit (loss) for the period before taxes9903€-31k€-87k▼
Profit (loss) for the period9904€-31k€-87k▼
Profit (loss) for the period to be appropriated9905€-31k€-87k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-28k€-115k▼
Profit (loss) brought forward from the previous period14P€3k€-28k▼
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
2025
09-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 70 days late
2024
30-09
Financial
Weakest financial yearnet €-87k
Net result drops to €-87k, the lowest in the series.
30-05
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
24-04
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-09
Financial
Highest result since 2018net €18k ▲2013%
Operating result €36k, net result €18k, both a record.
15-04
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-03
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
24-04
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
29-04
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
27-04
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
04-05
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 4 days late
2016
30-03
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
7 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, Wortegem-Petegem · 1 establishment unit since 2011
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.
Oudenaardseweg (W.-M.) 939790 Wortegem-PetegemGround area
1,662 m²
Building footprint
494 m²
Volume, LiDAR
1,317 m³
2 parcels, Flanders · tallest building 8.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
JMBC
since 20112.203.891.171
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 45025A0154/00D000 | Flanders | 1,277 m² | 1 · 250 m² | 8.2 m · 2 fl. |
| 45055C0090/00P000 | Flanders | 385 m² | 1 · 244 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels 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
Cavaro
BE 0881.597.663
Bonheiden · Eq €10,787
Blitz Motors International
BE 0735.768.952
Machelen (Brab.) · Eq €11,277
MOTOCASH
BE 0817.676.049
Beyne-Heusay · Eq €9,217
WELBESPAAKT
BE 0795.153.540
Blankenberge · Eq €15,781
Volts
BE 0677.778.293
Kapellen · Eq €16,331
Of 169 companies in sector 46730 we hold annual accounts for 89. 38 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
Founded21-10-2011
Fiscal year end30-09
Abbreviation NL
VBN Group
Activities, NACEBEL 2025
46730Wholesale trade
47830Retail sale of motorcycles and motorcycle parts and accessories
Sources
Crossroads Bank for EnterprisesNational Bank · 12 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.