Limited partnership · founded 2017 · 9 yrs activeVossenplein 19, 1000 Brussel, BelgiumKBO/BCE: BE 0675.863.237
Summary
The computed 12-month bankruptcy probability of BARC is 1.9% (moderate). The 2020 annual accounts show equity of €196,309 and a net result of €31,782. Its solvency ranks better than 86% of 13369 sector peers (fiscal year 2020). The company has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals.
Signals- Figures for FY 2020 (filed 12-08-2021)+ Liquidity: current ratio 2.49, cash €130,520+ Equity €196,309 (73.7% of total assets)+ Legal form Limited partnershipNo filing for yearsFiled after the deadlineShow the evidence
Checked score
No current score
Checked score
A figure from 0 to 100 for financial health from the latest annual accounts: the higher, the healthier. Without a figure, the card says why. A low score is a reason to look closely at payment terms and security.
Figures too old
The available figures for FY 2020 are too old to assess current financial health.
Filing: Five or more filing cycles are missing. This points to a standstill, not an imminent failure.
Financial strength, FY 2020 · tick = 2019
Financial strength
How strong the balance sheet and results are, apart from the score: solvency, liquidity and profitability from the latest accounts, each out of 100. The score itself is the bankruptcy probability.
Strong
Solvency99+22
equity 73.7% of total assets
Liquidity90+13
short-term debt 26.3% · cash 49.0%
Profitability67-33
return on assets 11.9%
Bankruptcy probability, 12 months
Bankruptcy probability
The chance that this company goes bankrupt within twelve months. A low chance is reassuring; with a higher one, agree shorter payment terms or an advance.
1.9%Moderate
0%0.5%1.5%4%10%≥ 25%
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
Sector median 1.9% (23,401 companies)
Last 24 months11-2024: 5.3%highest value12-2024: 5.3%● 0.0% vs 11-2024highest value01-2025: 5.3%● 0.0% vs 12-2024highest value02-2025: 5.2%▼ -1.8% vs 01-202503-2025: 5.2%● 0.0% vs 02-202504-2025: 5.2%● 0.0% vs 03-202505-2025: 5.2%● -0.0% vs 04-202506-2025: 5.2%● 0.0% vs 05-202507-2025: 5.0%▼ -4.0% vs 06-202508-2025: 5.0%● 0.0% vs 07-202509-2025: 5.0%● 0.0% vs 08-202510-2025: 5.0%● 0.0% vs 09-202511-2025: 5.0%● 0.0% vs 10-202512-2025: 5.0%● 0.0% vs 11-202501-2026: 1.9%▼ -61.5% vs 12-202502-2026: 1.9%▲ +0.1% vs 01-202603-2026: 1.9%● 0.0% vs 02-202604-2026: 1.9%● 0.0% vs 03-202605-2026: 1.9%● 0.0% vs 04-202606-2026: 1.9%● 0.0% vs 05-202607-2026: 1.9%● 0.0% vs 06-202608-2026: 1.9%● 0.0% vs 07-202609-2026: 1.9%▼ -1.3% vs 08-2026lowest value10-2026: 1.9%● 0.0% vs 09-2026lowest value
Figures for FY 2020 (filed 12-08-2021)raises the probability
Liquidity: current ratio 2.49, cash €130,520lowers the probability
Equity €196,309 (73.7% of total assets)lowers the probability
Legal form Limited partnershiplowers the probability
The financial year that closed on 31-12-2020 was due by 31-07-2021 and was filed on 07-08-2021, 7 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.
tick = median of all Belgian filingsring = median in the sector
This company filed its last 2 accounts on average 49 days after the deadline; the sector median for financial year 2024 is 6 days after the deadline, and 53% of the sector filed late.
Checked, nothing found (1)
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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
Annual accounts filedfiscal year 2020 · micro…
Annual accounts filedfiscal year 2019 · micro…
Annual accounts filedfiscal year 2018 · micro…
Key points
Risk: Accounts not fileddeadline was 31-07-20221524 d lateView
Caution: Result fell in 2020from €131,713 to €31,782▼ 75.9%View
Positive: Among the best 5% on equitysector median €19,969 · 13,393 companies€196,309View