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BARSOL

Active
Private limited companyfounded 20179 yrs activeDoorniksesteenweg(Kor) 157, 8500 Kortrijk, BelgiumKBO/BCE: BE 0680.823.402
Summary

The computed 12-month bankruptcy probability of BARSOL is 3.6% (moderate). The 2025 annual accounts show equity of €40k and a net result of €-278. Equity is growing by ~19.2% per year across the filed fiscal years. Its solvency ranks better than 72% of 3674 sector peers (fiscal year 2025). The company has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2025
51 / 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability38▼-62
Solvency78▲+15
Growth78=
Track record100
Bankruptcy probability, 12 months
3.6% Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days acceptable
Liquidity tight (current ratio 1.35 against 1.11 in 2024; short-term debt: 47.3% and cash: 27% of total assets), and 47.3% of the assets are financed with debt.
Credit check for your own amount and term

Signals

Four signals. The signal on the left, the evidence on the right.
+raises riskneutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Sector 56
higher
← fewer bankruptcies more bankruptcies →
raises risk · Multiple establishment units
Several establishment units mean more fixed costs, and such companies fail more often than a company with one establishment.
KBO · establishment units
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 2025
Solvency, return and age of the figures
Solvency
52.7%
Return on assets
-0.4%
Age of the figures
15 mo
neutral · A punctual record breaks
This company filed 6 consecutive financial years on time. The year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 26-02-2026, 26 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 7 filings
Deviation from the deadline
2025
26 d late
2024
45 d early
2023
1 d early
2022
1 d early
2021
3 d early
2020
76 d early
2019
on the day
← before the deadline after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
30-06-2026 close24-09-2026 today31-01-2027 deadline
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

Financials · fiscal year 2025, abbreviated schema

Equity
€40k▼ 0.7%
2024 · €41k
2019: €350 2020: €2k 2021: €15k 2022: €46k 2023: €41k 2024: €41k
2019 → 2025
Total assets
€76k▼ 27.8%
2024 · €106k
2019: €6k 2020: €6k 2021: €38k 2022: €77k 2023: €80k 2024: €106k
2019 → 2025
Net result
€-278
2024 · €43k
2019: €-6k 2020: €1k 2021: €13k 2022: €31k 2023: €15k 2024: €43k
2019 → 2025
Working capital
€13k▲ 79.9%
2024 · €7k
2019: €40 2020: €2k 2021: €16k 2022: €33k 2023: €25k 2024: €7k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€15k-€46k▲ 207%€41k▼ 11.7%€41k=€40k▼ 0.7%
Operating result€14k-€42k▲ 211%€16k▼ 62.8%€44k▲ 181%€6k▼ 86.4%
Net result€13k-€31k▲ 133%€15k▼ 52.7%€43k▲ 191%€-278
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-20k€0€20k€40kOperating result 2021: €14k€14kNet result 2021: €13k€13kOperating result 2022: €42k€42kNet result 2022: €31k€31kOperating result 2023: €16k€16kNet result 2023: €15k€15kOperating result 2024: €44k€44kNet result 2024: €43k€43kOperating result 2025: €6k€6kNet result 2025: €-278€-27820212022202320242025€-20k€0€20k€40kOperating result 2023: €16k€16kNet result 2023: €15k€15kOperating result 2024: €44k€44kNet result 2024: €43k€43kOperating result 2025: €6k€6kNet result 2025: €-278€-278202320242025
The operating result falls in 2025; 2025 is 86% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €76k
Fixed assets €28k ▼ 17.4%
Current assets €49k ▼ 32.7%
Equity and liabilities €76k
Equity €40k ▼ 0.7%
Debt €36k ▼ 44.7%
Debt's share of the balance-sheet total falls from 61.7% to 47.3%. Equity and debt are lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€11k
2024 · €49k
Cash flow
€5k
2024 · €47k
Current ratio
1.35
2024 · 1.11
Debt to equity
0.90
2024 · 1.61
ROE
-0.7%
2024 · 105.0%
ROA
-0.4%
2024 · 40.2%
Interest coverage
2.34
2024 · 24.81
Debt ≤ 1 year
€36k
2024 · €65k
Income taxes
€2k
2024 · €593
Staff costs
€0
2024 · €6k
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 · 49 lines
Balance sheet Code20242025
Assets
Total assets20/58€106k€76k
Fixed assets21/28€34k€28k
Tangible fixed assets22/27€31k€25k
Plant, machinery and equipment23€26k€21k
Furniture and vehicles24€4k€4k
Financial fixed assets28€3k€3k=
Current assets29/58€72k€49k
Stocks and contracts in progress3€18k€0
Stocks30/36€18k€0
Amounts receivable within one year40/41€20k€28k
Trade receivables40-€7k
Other amounts receivable41€20k€21k
Cash at bank and in hand54/58€33k€21k
Deferred charges and accrued income490/1€1k€71
Equity and liabilities
Total equity and liabilities10/49€106k€76k
Equity10/15€41k€40k
Contributions10/11€6k€6k=
Reserves13€34k€34k
Distributable reserves133€34k€34k
Profit (loss) carried forward14-€0
Amounts payable17/49€65k€36k
Amounts payable within one year42/48€65k€36k
Trade debts44€22k€13k
Suppliers440/4€22k€13k
Taxes, remuneration and social security45€9k€22k
Taxes450/3€8k€22k
Remuneration and social security454/9€367€0
Other amounts payable47/48€35k€1k
Income statement Code20242025
Remuneration, social security and pensions62€6k€0
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€5k
Other operating charges640/8€290€8k
Non-recurring operating charges66A-€20
Gross operating margin9900€55k€19k
Operating profit (loss)9901€44k€6k
Financial income75/76B€1k€4
Recurring financial income75€1k€4
Financial charges65/66B€2k€5k
Recurring financial charges65€2k€5k
Profit (loss) for the period before taxes9903€43k€1k
Income taxes67/77€593€2k
Profit (loss) for the period9904€43k€-278
Profit (loss) for the period to be appropriated9905€43k€-278
Appropriation of the result
Profit (loss) to be appropriated9906€43k€-278
Transfer from equity791/2-€278
Transfer to equity691/2€10€0
To other reserves6921€10€0
Profit to be distributed694/7€43k€0
Directors or managers695€43k€0
Social balance
Average headcount (FTE)9087-0.0

The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-01-2027
2026
26-02
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema · 26 days late
2024
17-12
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
30-06
Financial Highest result since 2019net €43k ▲191%
Operating result €44k, net result €43k, both a record.
30-01
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
30-01
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
28-01
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2020
16-11
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
30-06
Financial Back to profitnet €1k
Net result €1k after one loss-making year.
31-01
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
4 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 · 3 establishment units since 2017
establishment All 3 establishment units on the map
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.

Doorniksesteenweg(Kor) 1578500 Kortrijk
Ground area
1.7 ha
Building footprint
1,829 m²
Volume, LiDAR
10,282 m³
3 parcels, Flanders · tallest building 11.9 m, ±2 floors. Linked by address, not a title deed.
3 establishment units
Club-1
Doorniksesteenweg(Kor) 157, 8500 KortrijkRetail trade
since 20172.267.669.958
Barsol
Doorniksesteenweg(Kor) 173, 8500 KortrijkRetail trade
since 20232.343.583.247
Barsol
Doorniksesteenweg(Kor) 145, 8500 KortrijkRetail trade
since 20232.343.583.346
3 parcels
Flanders 3 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
34354C0806/00D000 Flanders 1.4 ha 1 · 1,088 m² 8.8 m · 2 fl.
34354C0829/00M000 Flanders 2,600 m² 1 · 620 m² 11.9 m
34354C0833/00N002 Flanders 179 m² 1 · 121 m² 10.8 m · 2 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 2
3 of 3 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Recognitions · licences · registrations

Food safety, FASFC

3 sites
Kortrijk2.267.669.958
1 permission
Toelating · Eetgelegenheid · since 01-10-2017
Kortrijk2.343.583.247
1 permission
Drankgelegenheid · since 15-09-2023
Kortrijk2.343.583.346
1 permission
Drankgelegenheid · since 16-04-2023

Similar companies · same sector, comparable size

Of 14,018 companies in sector 56301 we hold annual accounts for 4,891. 4,101 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
Founded07-09-2017
Fiscal year end30-06
Activities, NACEBEL 2025
56301Cafés and bars
56112Limited-service restaurants, excluding mobile food services
56210Event catering
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers

Scores and ratios are computed by Checked and are not a credit decision.

Contact details

2 entries
E-mail:barsol_club-1@outlook.be
Establishment Kortrijk 2.267.669.958
Phone:0498 10 76 21
Establishment Kortrijk 2.267.669.958