BARCO COORDINATION CENTER
ActiveSummary
BARCO COORDINATION CENTER has been active since 1987 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €62.58M and a net result of €-687k. Equity is shrinking by ~9.5% per year across the filed fiscal years. Its solvency ranks better than 42% of 3187 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (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
Profitability36▼-2
Solvency69▲+10
Growth32=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2M at 30 days acceptable
Liquidity ample (current ratio 1.77 against 1.52 in 2024; short-term debt: 56.5% and cash: 26.8% of total assets), but 56.5% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers 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 →
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
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
43.5%
Return on assets
-0.5%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 13-05-2026, 79 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
79 d early
2024
93 d early
2023
96 d early
2022
82 d early
2021
76 d early
2020
74 d early
2019
79 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 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-687k
2024 · €49k
2018: €269k
2019: €-123k
2020: €146k
2021: €-2.40M
2022: €3.12M
2023: €700k
2024: €49k
2018 → 2025
Working capital
€62.58M▼ 1.1%
2024 · €63.27M
2018: €101.79M
2019: €101.66M
2020: €101.81M
2021: €59.41M
2022: €62.52M
2023: €63.22M
2024: €63.27M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€59.41M-€62.52M▲ 5.2%€63.22M▲ 1.1%€63.27M▲ 0.1%€62.58M▼ 1.1%
Operating result€-112k-€-143k▼ 27.8%€-161k▼ 12.5%€-135k▲ 16.1%€-156k▼ 15.4%
Net result€-2.40M-€3.12M€700k▼ 77.6%€49k▼ 93.0%€-687k
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €156k in 2025 against €135k in 2024; the loss grows.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €143.77M
Equity
€62.58M ▼ 1.1%
Debt
€81.18M ▼ 33.2%
Debt's share of the balance-sheet total falls from 65.8% to 56.5%. Equity and debt are lower.
Key figures and ratios
Current ratio
1.77▲
2024 · 1.52
Debt to equity
1.30▼
2024 · 1.92
ROE
-1.1%▼
2024 · 0.1%
ROA
-0.5%▼
2024 · 0.0%
Debt ≤ 1 year
€81.18M▼
2024 · €121.61M
Staff costs
€120k▲
2024 · €115k
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 · 48 lines
Balance sheet
Code20242025
Assets
Total assets20/58€184.88M€143.77M▼
Current assets29/58€184.88M€143.77M▼
Amounts receivable within one year40/41€10.35M€35.28M▲
Trade receivables40€0€5k▲
Other amounts receivable41€10.35M€35.27M▲
Current investments50/53€87.99M€70.00M▼
Other investments51/53€87.99M€70.00M▼
Cash at bank and in hand54/58€86.53M€38.49M▼
Equity and liabilities
Total equity and liabilities10/49€184.88M€143.77M▼
Equity10/15€63.27M€62.58M▼
Contributions10/11€1.06M€1.06M=
Capital10€1.06M€1.06M=
Issued capital100€1.06M€1.06M=
Reserves13€16.91M€16.91M=
Non-distributable reserves130/1€16.91M€16.91M=
Legal reserve130€16.91M€16.91M=
Profit (loss) carried forward14€45.30M€44.61M▼
Amounts payable17/49€121.61M€81.18M▼
Amounts payable within one year42/48€121.61M€81.18M▼
Trade debts44€15k€4k▼
Suppliers440/4€15k€4k▼
Taxes, remuneration and social security45€58k€46k▼
Taxes450/3€22k€5k▼
Remuneration and social security454/9€36k€41k▲
Other amounts payable47/48€121.53M€81.14M▼
Income statement
Code20242025
Operating income70/76A€20k€1k▼
Other operating income74€20k€1k▼
Operating charges60/66A€155k€157k▲
Services and other goods61€38k€32k▼
Remuneration, social security and pensions62€115k€120k▲
Other operating charges640/8€1k€5k▲
Operating profit (loss)9901€-135k€-156k▼
Financial income75/76B€93.29M€26.65M▼
Recurring financial income75€93.29M€26.65M▼
Income from financial fixed assets750€5.31M€4.12M▼
Other financial income752/9€87.98M€22.53M▼
Financial charges65/66B€93.04M€27.18M▼
Recurring financial charges65€93.04M€27.18M▼
Debt charges650€3.88M€3.40M▼
Other financial charges652/9€89.15M€23.79M▼
Profit (loss) for the period before taxes9903€119k€-687k▼
Income taxes67/77€71k-
Taxes670/3€71k-
Profit (loss) for the period9904€49k€-687k▼
Profit (loss) for the period to be appropriated9905€49k€-687k▼
Appropriation of the result
Profit (loss) to be appropriated9906€45.30M€44.61M▼
Profit (loss) brought forward from the previous period14P€45.25M€45.30M▲
Social balance
Average headcount (FTE)90871.01.0=
The notes to these accounts (31 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
2026
13-05
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
29-04
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
26-04
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
10-05
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial
Back to profitnet €3.12M
Net result €3.12M after one loss-making year.
16-05
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial
Weakest financial yearnet €-2.40M ▼1743%
Net result drops to €-2.40M, the lowest in the series; recovery starts the following year.
18-05
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial
Back to profitnet €146k
Net result €146k after one loss-making year.
13-05
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
22-05
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
23-05
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
24-05
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
27 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, Kortrijk · 1 establishment unit since 1987
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.
Beneluxpark(Kor) 218500 KortrijkGround area
12.7 ha
Building footprint
2.7 ha
Parcel 34354D0134/00H000, Flanders. Linked by address, not a title deed.
1 establishment unit
BARCO COORDINATION CENTER
since 19872.142.913.706
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34354D0134/00H000 | Flanders | 12.7 ha | 1 · 2.7 ha | - |
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.
Structure & network
Ownership & control
1 parent companyControl over this companyparent company per the LEI register1
Kortrijk
controls
BARCO COORDINATION CENTERBE 0431.157.278
Recognitions · licences · registrations
Legal Entity Identifier
549300QEX20JH2M13422
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Of 5,699 companies in sector 70100 we hold annual accounts for 3,494. 398 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 formPublic limited company
Founded08-05-1987
Fiscal year end31-12
Abbreviation NL
BCC
Activities, NACEBEL 2025
70100Activities of head offices
Sources
Crossroads Bank for EnterprisesNational Bank · 39 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.