BARTAM
ActiveSummary
BARTAM has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €1.57M and a net result of €213k. Equity is growing by ~19.1% per year across the filed fiscal years. Its solvency ranks better than 34% of 37956 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
69
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability51▲+13
Solvency64▲+5
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €100k at 30 days acceptable
Liquidity short (current ratio 0.8 against 0.62 in 2023; short-term debt: 4.5% and cash: 0.3% of total assets), and 60.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five 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 · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
39.4%
Return on assets
5.3%
Age of the figures
21 mo
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
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 03-06-2025, 58 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
not confirmed
2024
58 d early
2023
56 d early
2022
56 d early
2021
41 d early
2020
23 d early
2019
73 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€1.57M▲ 15.7%
2023 · €1.36M
2018: €551k
2019: €757k
2020: €770k
2021: €956k
2022: €1.11M
2023: €1.36M
2018 → 2024
Total assets
€3.98M▲ 0.2%
2023 · €3.97M
2018: €3.93M
2019: €3.94M
2020: €3.97M
2021: €3.96M
2022: €3.95M
2023: €3.97M
2018 → 2024
Net result
€213k▼ 14.5%
2023 · €249k
2018: €773
2019: €206k
2020: €14k
2021: €186k
2022: €151k
2023: €249k
2018 → 2024
Working capital
€-35k▲ 57.3%
2023 · €-82k
2018: €-132k
2019: €-119k
2020: €-100k
2021: €-109k
2022: €-126k
2023: €-82k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€770k-€956k▲ 24.1%€1.11M▲ 15.8%€1.36M▲ 22.5%€1.57M▲ 15.7%
Operating result€90k-€88k▼ 2.9%€60k▼ 31.8%€91k▲ 52.6%€118k▲ 29.0%
Net result€14k-€186k▲ 1,270%€151k▼ 18.7%€249k▲ 64.8%€213k▼ 14.5%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 29% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €3.98M
Fixed assets
€3.84M =
Current assets
€143k ▲ 6.6%
Equity and liabilities €3.98M
Equity
€1.57M ▲ 15.7%
Debt
€2.41M ▼ 7.8%
Debt's share of the balance-sheet total falls from 65.8% to 60.6%. Equity is higher and debt is lower.
Key figures and ratios
Current ratio
0.80▲
2023 · 0.62
Debt to equity
1.54▼
2023 · 1.93
ROE
13.6%▼
2023 · 18.4%
ROA
5.3%▼
2023 · 6.3%
Debt ≤ 1 year
€178k▼
2023 · €216k
Debt > 1 year
€2.18M▼
2023 · €2.35M
Income taxes
€11k▲
2023 · €3k
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 · 2024 against 2023 · 44 lines
Balance sheet
Code20232024
Assets
Total assets20/58€3.97M€3.98M▲
Fixed assets21/28€3.84M€3.84M=
Financial fixed assets28€3.84M€3.84M=
Current assets29/58€134k€143k▲
Amounts receivable within one year40/41€70k€112k▲
Trade receivables40€65k€112k▲
Other amounts receivable41€5k€28▼
Current investments50/53€60k€20k▼
Cash at bank and in hand54/58€4k€11k▲
Equity and liabilities
Total equity and liabilities10/49€3.97M€3.98M▲
Equity10/15€1.36M€1.57M▲
Contributions10/11€550k€550k=
Capital10€550k€550k=
Issued capital100€550k€550k=
Reserves13€217k€228k▲
Non-distributable reserves130/1€40k€51k▲
Legal reserve130€40k€51k▲
Distributable reserves133€177k€177k=
Profit (loss) carried forward14€589k€791k▲
Amounts payable17/49€2.61M€2.41M▼
Amounts payable after more than one year17€2.35M€2.18M▼
Financial debts170/4€2.35M€2.18M▼
Amounts payable within one year42/48€216k€178k▼
Current portion of amounts payable after more than one year42€205k€165k▼
Taxes, remuneration and social security45€11k€12k▲
Taxes450/3€11k€12k▲
Other amounts payable47/48-€1k
Accrued charges and deferred income492/3€46k€46k▼
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€812-
Other operating charges640/8€132€141▲
Gross operating margin9900€92k€118k▲
Operating profit (loss)9901€91k€118k▲
Financial income75/76B€227k€170k▼
Recurring financial income75€227k€170k▼
Financial charges65/66B€66k€64k▼
Recurring financial charges65€66k€64k▼
Profit (loss) for the period before taxes9903€252k€224k▼
Income taxes67/77€3k€11k▲
Profit (loss) for the period9904€249k€213k▼
Profit (loss) for the period to be appropriated9905€249k€213k▼
Appropriation of the result
Profit (loss) to be appropriated9906€601k€802k▲
Profit (loss) brought forward from the previous period14P€353k€589k▲
Transfer to equity691/2€12k€11k▼
To the legal reserve6920€12k€11k▼
The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
03-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
05-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Highest result since 2018net €249k ▲64.8%
Net result €249k, the highest in the series.
05-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Equity above €1MEq €1.11M ▲15.8%
5 profitable years in a row build equity to €1.11M.
20-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
08-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
19-05
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
16-05
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Buggenhout · 1 establishment unit since 2018
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.
Kasteelstraat 1619255 BuggenhoutGround area
1.8 ha
Building footprint
378 m²
Volume, LiDAR
1,184 m³
Parcel 42004B0698/00Z008, Flanders · tallest building 7.5 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
BARTAM
since 20182.276.311.569
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 42004B0698/00Z008 | Flanders | 1.8 ha | 1 · 378 m² | 7.5 m · 1 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.
Similar companies · same sector, comparable size
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HELIKON
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MATIS SPECIALTIES
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KAJO & CO
BE 0434.926.323
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PHILIPPE VYNCKE
BE 0881.542.532
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Of 82,562 companies in sector 70200 we hold annual accounts for 52,574. 22,897 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
Founded20-03-2018
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.