BARDAF
ActiveSummary
BARDAF has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €686k and a net result of €233k. Its solvency ranks better than 78% of 186 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2025
86
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability98▲+9
Solvency94▲+6
Growth78
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €55k at 30 days acceptable
Liquidity ample (current ratio 2.98 against 2.46 in 2024; short-term debt: 29.1% and cash: 44% of total assets), and 30.6% of the assets are financed with debt.
Credit check 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 · 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 · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 59
Relative position
BE, all sectors
reference
Sector 59
lower
← fewer bankruptcies
more bankruptcies →
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
69.4%
Return on assets
23.6%
Age of the figures
18 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 01-10-2025, 30 days ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2025
30 d early
2024
23 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 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close24-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€233k▲ 70.0%
2024 · €137k
2024: €137k
2024 → 2025
Working capital
€568k▲ 38.3%
2024 · €411k
2024: €411k
2024 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20242025Trend
Equity€538k-€686k▲ 27.5%
Operating result€190k-€319k▲ 68.1%
Net result€137k-€233k▲ 70.0%
Result per fiscal year
Operating resultNet result
The operating result rises in 2025; 2025 is 68% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €988k
Fixed assets
€132k ▼ 16.6%
Current assets
€856k ▲ 23.6%
Equity and liabilities €988k
Equity
€686k ▲ 27.5%
Debt
€302k ▼ 3.4%
Debt's share of the balance-sheet total falls from 36.7% to 30.6%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€367k▲
2024 · €231k
Cash flow
€280k▲
2024 · €178k
Current ratio
2.98▲
2024 · 2.46
Debt to equity
0.44▼
2024 · 0.58
ROE
33.9%▲
2024 · 25.4%
ROA
23.6%▲
2024 · 16.1%
Interest coverage
65.50▲
2024 · 57.27
Debt ≤ 1 year
€287k▲
2024 · €281k
Debt > 1 year
€15k▼
2024 · €31k
Income taxes
€81k▲
2024 · €47k
Staff costs
€404k▲
2024 · €312k
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 · 53 lines
Balance sheet
Code20242025
Assets
Total assets20/58€851k€988k▲
Fixed assets21/28€158k€132k▼
Tangible fixed assets22/27€155k€128k▼
Furniture and vehicles24€90k€72k▼
Other tangible fixed assets26€65k€56k▼
Financial fixed assets28€4k€4k=
Current assets29/58€692k€856k▲
Amounts receivable within one year40/41€419k€418k▼
Trade receivables40€366k€395k▲
Other amounts receivable41€53k€24k▼
Cash at bank and in hand54/58€272k€434k▲
Deferred charges and accrued income490/1€1k€3k▲
Equity and liabilities
Total equity and liabilities10/49€851k€988k▲
Equity10/15€538k€686k▲
Contributions10/11€500€500=
Reserves13€536k€684k▲
Distributable reserves133€536k€684k▲
Profit (loss) carried forward14€2k€1k▼
Amounts payable17/49€312k€302k▼
Amounts payable after more than one year17€31k€15k▼
Financial debts170/4€31k€15k▼
Amounts payable within one year42/48€281k€287k▲
Current portion of amounts payable after more than one year42€25k€25k▲
Financial debts43€672€380▼
Credit institutions430/8€672€380▼
Trade debts44€110k€143k▲
Suppliers440/4€110k€143k▲
Taxes, remuneration and social security45€96k€59k▼
Taxes450/3€72k€26k▼
Remuneration and social security454/9€24k€33k▲
Other amounts payable47/48€50k€60k▲
Income statement
Code20242025
Remuneration, social security and pensions62€312k€404k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€41k€47k▲
Other operating charges640/8€9k€245▼
Gross operating margin9900€552k€771k▲
Operating profit (loss)9901€190k€319k▲
Financial income75/76B€54€5▼
Recurring financial income75€54€5▼
Financial charges65/66B€6k€6k▼
Recurring financial charges65€4k€6k▲
Non-recurring financial charges66B€2k-
Profit (loss) for the period before taxes9903€184k€314k▲
Income taxes67/77€47k€81k▲
Profit (loss) for the period9904€137k€233k▲
Profit (loss) for the period to be appropriated9905€137k€233k▲
Appropriation of the result
Profit (loss) to be appropriated9906€139k€234k▲
Profit (loss) brought forward from the previous period14P€2k€2k▼
Transfer to equity691/2€67k€148k▲
To the legal reserve6920-€148k
To other reserves6921€67k-
Profit to be distributed694/7€70k€85k▲
Return on contributions (dividend)694€70k€85k▲
Social balance
Average headcount (FTE)9087-404,253.2
The notes to these accounts (10 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
07-09
State Gazette act
Registered office · Capital & sharesStatutes amendment · Registered-office move · Power of attorney4 facts ▸
State Gazette act
Registered office · Capital & shares
Statutes amendment · Registered-office move · Power of attorney4 facts ▸
- General meeting, 12-08-2026
- Statutes amendment, 5
- Registered-office move, Rue de l'Infante 41, 1410 Waterloo
- Power of attorney, BARDAF
2025
01-10
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2024
08-10
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
State Gazette actNBB filing
Directors · office · real estate
Directors
3 acts for this company are in the Belgian State Gazette, of which we have read 1. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Waterloo · 2 establishment units since 2019
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.
Rue de l'Infante 411410 WaterlooGround area
1.4 ha
Building footprint
5,006 m²
Volume, LiDAR
41,194 m³
2 parcels, Wallonia · tallest building 16.3 m, ±3 floors. Linked by address, not a title deed.
2 establishment units
Rue de Mulhouse 36, 4020 Liège
since 20192.289.564.145
BARDAF
since 20262.384.156.664
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62817B0418/00G002 | Wallonia | 1.3 ha | 1 · 4,913 m² | 16.3 m · 3 fl. |
| 25110B0619/00A000 | Wallonia | 296 m² | 1 · 93 m² | 10.7 m · 3 fl. |
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
FLOW POSTPRODUCTION
BE 0553.756.568
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Angie
BE 0674.939.955
Schaarbeek · Eq €425k
FOUND FREQUENCIES
BE 0752.546.091
Etterbeek · Eq €396k
Silo Leuven
BE 0840.958.326
Leuven · Eq €388k
SONUMA
BE 0716.797.534
Liège · Eq €2.08M
Of 128 companies in sector 59209 we hold annual accounts for 24. 12 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
Founded24-04-2019
Fiscal year end31-03
Activities, NACEBEL 2025
59120Post-production of films, video and television programmes
59209Motion picture, video and television programme production, sound recording and music publishing activities
59201Sound recording
Sources
Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.