BARYART
ActiveSummary
The computed 12-month bankruptcy probability of BARYART is 1.8% (moderate). The 2024 annual accounts show equity of €143k and a net result of €15k. Equity is growing by ~7.7% per year across the filed fiscal years. Its solvency ranks better than 95% of 36375 sector peers (fiscal year 2024). The company has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
59
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. A confirmed filing finding caps the score. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability81▲+12
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
1.8%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €8k at 30 days only on tighter terms
Liquidity ample (current ratio 11.39 against 7.1 in 2023; short-term debt: 8.6% and cash: 3.5% of total assets), and 8.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← 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
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 28-11-2025, 120 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
120 d late
2023
159 d late
2022
70 d late
2021
73 d late
2020
74 d late
2018
69 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€15k▲ 10,960%
2023 · €139
2018: €20k
2020: €22k
2021: €-501
2022: €13k
2023: €139
2018 → 2024
Working capital
€141k▲ 11.9%
2023 · €126k
2018: €48k
2020: €98k
2021: €104k
2022: €121k
2023: €126k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€115k-€114k▼ 0.4%€127k▲ 11.3%€128k▲ 0.1%€143k▲ 12.0%
Operating result€2k-€-2k€16k€733▼ 95.5%€20k▲ 2,589%
Net result€22k-€-501€13k€139▼ 98.9%€15k▲ 10,960%
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 2,589% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €156k
Fixed assets
€2k ▲ 22.4%
Current assets
€154k ▲ 5.4%
Equity and liabilities €156k
Equity
€143k ▲ 12.0%
Debt
€14k ▼ 34.3%
Debt's share of the balance-sheet total falls from 13.9% to 8.6%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€23k▲
2023 · €5k
Cash flow
€18k▲
2023 · €4k
Current ratio
11.39▲
2023 · 7.10
Debt to equity
0.09▼
2023 · 0.16
ROE
10.7%▲
2023 · 0.1%
ROA
9.8%▲
2023 · 0.1%
Interest coverage
55.52▲
2023 · 11.80
Debt ≤ 1 year
€14k▼
2023 · €21k
Income taxes
€4k▲
2023 · €182
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 · 36 lines
Balance sheet
Code20232024
Assets
Total assets20/58€148k€156k▲
Fixed assets21/28€2k€2k▲
Tangible fixed assets22/27€1k€2k▲
Furniture and vehicles24€1k€2k▲
Financial fixed assets28€441€441=
Current assets29/58€146k€154k▲
Amounts receivable within one year40/41€144k€148k▲
Trade receivables40€139k€142k▲
Other amounts receivable41€5k€6k▲
Cash at bank and in hand54/58€2k€5k▲
Deferred charges and accrued income490/1€284€624▲
Equity and liabilities
Total equity and liabilities10/49€148k€156k▲
Equity10/15€128k€143k▲
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€107k€122k▲
Amounts payable17/49€21k€14k▼
Amounts payable within one year42/48€21k€14k▼
Taxes, remuneration and social security45€9k€4k▼
Taxes450/3€3k€3k▲
Remuneration and social security454/9€6k€667▼
Other amounts payable47/48€12k€10k▼
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€3k▼
Other operating charges640/8€965€198▼
Gross operating margin9900€6k€23k▲
Operating profit (loss)9901€733€20k▲
Financial charges65/66B€412€406▼
Recurring financial charges65€412€406▼
Profit (loss) for the period before taxes9903€320€19k▲
Income taxes67/77€182€4k▲
Profit (loss) for the period9904€139€15k▲
Profit (loss) for the period to be appropriated9905€139€15k▲
Appropriation of the result
Profit (loss) to be appropriated9906€107k€122k▲
Profit (loss) brought forward from the previous period14P€107k€107k▲
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
28-11
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 120 days late
06-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 159 days late
2023
09-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 70 days late
2022
31-12
Financial
Back to profitnet €13k
Net result €13k after one loss-making year.
12-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 73 days late
2021
31-12
Financial
Weakest financial yearnet €-501 ▼102%
Net result drops to €-501, the lowest in the series; recovery starts the following year.
13-10
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 74 days late
2020
31-12
Financial
Highest result since 2018net €22k ▲12.7%
Net result €22k, the highest in the series.
31-12
Financial
Equity above €100kEq €115k ▲64.2%
2 profitable years in a row build equity to €115k.
2019
08-10
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 69 days late
2018
17-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
26-09
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 57 days late
2016
30-06
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
2015
26-11
NBB filing
Annual accounts filed
fiscal year 2014 · full schema · 118 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Koekelberg · 1 establishment unit since 2013
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.
Jules Besmestraat 351081 KoekelbergGround area
188 m²
Building footprint
70 m²
Volume, LiDAR
874 m³
Parcel 21492B0097/00F008, Brussels · tallest building 14.3 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
Jules Besmestraat 35, 1081 Koekelberg
since 20132.224.090.234
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21492B0097/00F008 | Brussels | 188 m² | 1 · 70 m² | 14.3 m · 4 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
MICHAEL LESTRADE
BE 1005.425.190
Mons · Eq €142,880
SECURCO
BE 0648.998.690
Roeselare · Eq €142,957
AQUA SOLUTION
BE 0772.921.635
Heers · Eq €143,057
ALL ELEC KRIS
BE 0680.803.804
Ukkel · Eq €143,062
De Feyter
BE 0787.934.463
Erpe-Mere · Eq €143,067
Of 22,821 companies in sector 43211 we hold annual accounts for 10,326. 8,649 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 (pre-2019)
Founded08-07-2013
Fiscal year end31-12
Activities, NACEBEL 2025
43211General electrical installation work
43221Plumbing work
43310Plastering work
43331Floor and wall tiling
43410Roofing work
Sources
Crossroads Bank for EnterprisesNational Bank · 11 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.