BAROQ
ActiveBAROQ has been active since 1995 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €27k and a net result of €13k. Equity is shrinking by ~38.9% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2026. Its solvency ranks better than 23% of 31616 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
67
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability80▲+14
Solvency44▲+10
Growth32=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.5k at 30 days acceptable
Liquidity short (current ratio 0.54 against 0.46 in 2024; short-term debt: 77% of total assets), and 80.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises 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
19.1%
Return on assets
9.3%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 23% of 31616 sector peers (2025).
NBB · sector comparisonPosition among 31616 sector peers
Solvency
better than 23%
← weakest
strongest →
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €27k
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 31-07-2026, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
1 d early
2023
1 d early
2022
28 d late
2021
17 d early
2020
55 d late
2019
42 d late
← before the deadline
after the deadline →
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
19-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€13k
2024 · €-3k
2018: €15k
2019: €-12k
2020: €-21k
2021: €-34k
2022: €-17k
2023: €-23k
2024: €-3k
2018 → 2025
Working capital
€-50k▲ 31.7%
2024 · €-73k
2018: €15k
2019: €8k
2020: €-13k
2021: €-47k
2022: €-64k
2023: €-73k
2024: €-73k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€57k-€40k▼ 30.5%€17k▼ 57.0%€14k▼ 17.9%€27k▲ 93.7%
Operating result€-32k-€-15k▲ 54.4%€-20k▼ 40.6%€-2k▲ 89.8%€14k
Net result€-34k-€-17k▲ 49.1%€-23k▼ 29.8%€-3k▲ 86.5%€13k
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €14k after a loss of €2k in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €142k
Fixed assets
€82k▼ 8.1%
Current assets
€59k▼ 4.7%
Equity and liabilities €142k
Equity
€27k▲ 93.7%
Debt
€115k▼ 16.9%
The debt ratio falls from 90.8% to 80.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€21k▲
2024 · €6k
Cash flow
€20k▲
2024 · €5k
Solvency
19.1%▲
2024 · 9.2%
Current ratio
0.54▲
2024 · 0.46
Quick ratio
0.00▲
2024 · 0.00
Debt / equity
4.23▼
2024 · 9.85
ROE
48.4%▲
2024 · -21.8%
ROA
9.3%▲
2024 · -2.0%
Interest coverage
23.02▲
2024 · 6.38
Debt
€115k▼
2024 · €138k
Debt ≤ 1 year
€109k▼
2024 · €135k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€152k€142k▼
Fixed assets21/28€89k€82k▼
Tangible fixed assets22/27€89k€82k▼
Land and buildings22€89k€82k▼
Furniture and vehicles24€133€0▼
Current assets29/58€62k€59k▼
Stocks and contracts in progress3€62k€59k▼
Stocks30/36€62k€59k▼
Amounts receivable within one year40/41€0-
Other amounts receivable41€0-
Deferred charges and accrued income490/1€101€102▲
Equity and liabilities
Total equity and liabilities10/49€152k€142k▼
Equity10/15€14k€27k▲
Contributions10/11€19k€19k=
Reserves13€93k€93k=
Distributable reserves133€93k€93k=
Profit (loss) carried forward14€-98k€-85k▲
Amounts payable17/49€138k€115k▼
Amounts payable within one year42/48€135k€109k▼
Financial debts43€6k€6k▼
Credit institutions430/8€6k€6k▼
Trade debts44€185€326▲
Suppliers440/4€185€326▲
Taxes, remuneration and social security45€454€900▲
Taxes450/3€454€900▲
Other amounts payable47/48€128k€102k▼
Accrued charges and deferred income492/3€3k€5k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8k€7k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€3k
Other operating charges640/8€775€913▲
Gross operating margin9900€7k€25k▲
Operating profit (loss)9901€-2k€14k▲
Financial income75/76B€0€25▲
Recurring financial income75€0€25▲
Financial charges65/66B€970€923▼
Recurring financial charges65€970€923▼
Profit (loss) for the period before taxes9903€-3k€13k▲
Profit (loss) for the period9904€-3k€13k▲
Profit (loss) for the period to be appropriated9905€-3k€13k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-98k€-85k▲
Profit (loss) brought forward from the previous period14P€-95k€-98k▼
The notes to these accounts (5 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
31-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Back to profitnet €13k
Net result €13k after 6 loss-making years.
30-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
28-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 28 days late
2022
14-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Weakest financial yearnet €-34k
Net result drops to €-34k, the lowest in the series; recovery starts the following year.
24-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 55 days late
2020
11-09
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 42 days late
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 30 days late
2018
17-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
28-07
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
6 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, Avelgem · 1 establishment unit since 1995
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.
Burchthof 88580 AvelgemGround area
352 m²
Building footprint
94 m²
Volume, LiDAR
574 m³
Parcel 34003A0761/00H000, Flanders · tallest building 8.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Burchthof 8, 8580 Avelgem
since 19952.070.464.604
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34003A0761/00H000 | Flanders | 352 m² | 1 · 94 m² | 8.9 m · 2 fl. |
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.
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March14
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Ecoter
BE 0783.885.209
Oudenaarde · Eq €27k
Dirk Van den Berghen Management Consulting
BE 0643.550.854
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PHILIPPE DE GREEF
BE 0502.645.189
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Of 82,554 companies in sector 70200 we hold annual accounts for 52,573. 33,598 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded03-02-1995
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
74142
46900Non-specialised wholesale trade
51900
Sources
Crossroads Bank for EnterprisesNational Bank · 28 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.