ACTIVE

BART

Export PDF

Financial year 2025 · closed on 30/06/2025

Net result

-107,6 k €

-1581.4% YoY

Gross margin

-79,5 k €

-550.5% YoY

Equity

-68,1 k €

-272.6% YoY

What does BART do?

BART is a Private limited company incorporated in 1995. Its registered office is in Ninove.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0455.874.858

Incorporation

28/08/1995

Legal form

Private limited company

Registered office

Elisabethlaan 151
9400 Ninove · FlandreSee on map

Contributed capital

37 200,00 €

Latest accounts

30/06/2025

Joint committees (4)

Signals

Healthy social debts

View the BCE/KBO Public Search record →

Health score

Available with a Rovalta subscriptionTry for 7 days

Recommended credit limit

✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007
Income statement
Gross margin	-79,5 k €	-550%	-12,2 k €	-10.9%	-11 k €	+70.5%	-37,3 k €	-310%	17,8 k €	-90.7%	190,3 k €	-56.9%	441,8 k €	+78.0%	248,2 k €	+57.8%	157,2 k €	-15.6%	186,3 k €	-19.8%	232,2 k €	+118%	106,7 k €	-41.1%	181,1 k €	+12.8%	160,6 k €	+4.6%	153,6 k €	+35.3%	113,5 k €	+44.6%	78,5 k €	-58.1%	187,5 k €	+46.6%	127,8 k €
EBITDA	-89,2 k €	-305%	-22 k €	+53.1%	-46,9 k €	+59.5%	-116,1 k €	-876%	-11,9 k €	-107%	180,6 k €	-58.4%	434,6 k €	+82.4%	238,2 k €	+62.3%	146,8 k €	-7.7%	159,1 k €	+67.6%	94,9 k €	+708%	-15,6 k €	-164%	24,5 k €	-4.0%	25,5 k €	-70.1%	85,3 k €	+99.2%	42,8 k €	+101%	21,3 k €	-75.2%	85,8 k €	+57.1%	54,6 k €
Operating result	-106,4 k €	-152%	-42,2 k €	+75.8%	-174,4 k €	+14.3%	-203,6 k €	-71.0%	-119 k €	-369%	44,3 k €	-15.6%	52,4 k €	+176%	19 k €	+39.5%	13,6 k €	-50.9%	27,7 k €	+44.3%	19,2 k €	+122%	-86,8 k €	-2191%	4,2 k €	-70.4%	14 k €	-71.4%	49,2 k €	+901%	4,9 k €	+123%	-20,9 k €	-152%	40,3 k €	+307%	9,9 k €
Net result	-107,6 k €	-1581%	-6,4 k €	+79.4%	-31,1 k €	+55.4%	-69,7 k €	-124%	-31,2 k €	-175%	41,5 k €	+51.2%	27,5 k €	+2566%	1 k €	+22.8%	839,2 €	-91.3%	9,6 k €	+302%	2,4 k €	-84.5%	15,4 k €	+1670%	-978,8 €	-103%	30,3 k €	+65.7%	18,3 k €	+585%	-3,8 k €	+88.6%	-33 k €	-226%	26,2 k €	+269%	7,1 k €
Balance sheet
Equity	-68,1 k €	-273%	39,5 k €	-13.9%	45,9 k €	-40.4%	77 k €	-47.5%	146,7 k €	-17.5%	177,9 k €	+30.5%	136,4 k €	+25.2%	108,9 k €	+1.0%	107,9 k €	+0.8%	107 k €	+9.8%	97,4 k €	+2.5%	95 k €	+19.3%	79,7 k €	-1.2%	80,7 k €	+60.3%	50,3 k €	+57.3%	32 k €	-10.6%	35,8 k €	-48.0%	68,8 k €	+61.4%	42,6 k €
Total assets	99 k €	-9.1%	108,9 k €	-25.2%	145,7 k €	-68.7%	465,6 k €	+8.5%	429,1 k €	-40.7%	723,4 k €	-47.7%	1,4 M €	+79.3%	771,9 k €	+69.3%	455,9 k €	-12.3%	519,9 k €	+12.2%	463,2 k €	-5.9%	492,4 k €	+117%	226,6 k €	-5.2%	239 k €	-7.9%	259,5 k €	-1.5%	263,6 k €	-15.4%	311,6 k €	-11.1%	350,5 k €	-2.8%	360,7 k €
Cash	–		–		–		–		1,9 k €	-99.2%	237,9 k €	+10021%	2,4 k €	-80.6%	12,1 k €	+612%	1,7 k €	-36.5%	2,7 k €	-86.5%	19,9 k €	+538%	3,1 k €	-75.5%	12,7 k €	+811%	1,4 k €	-74.6%	5,5 k €	+468%	965,8 €	-83.2%	5,8 k €	+20.3%	4,8 k €	+39.4%	3,4 k €
Debts	167,1 k €	+141%	69,5 k €	-30.4%	99,8 k €	-74.3%	388,6 k €	+37.6%	282,4 k €	-48.2%	545,5 k €	-56.3%	1,2 M €	+88.1%	663 k €	+90.5%	348 k €	-15.7%	412,9 k €	+12.9%	365,8 k €	-8.0%	397,4 k €	+170%	146,9 k €	-7.2%	158,3 k €	-24.3%	209,2 k €	-9.7%	231,6 k €	-16.0%	275,8 k €	-2.1%	281,7 k €	-11.4%	318 k €
Other
Workforce	–		–		–		–		–		–		–		–		–		–		3,3 ETP	+10.0%	3,0 ETP	+3.4%	2,9 ETP	+3.6%	2,8 ETP	+86.7%	1,5 ETP	-25.0%	2,0 ETP	+42.9%	1,4 ETP	-33.3%	2,1 ETP	0.0%	2,1 ETP

Governance

Board of directors

Seen on filing of 30/06/2025 · 1 active · 2 ended

Active mandates

Johan Van Mulders

Director

Active

Ended mandates

JOHAN VAN MULDERS

Manager

Ended

REGINA TROCH

Manager

Ended

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro model
Start of the financial year	01/07/2024	01/07/2023	01/07/2022	01/07/2021	01/07/2020	01/07/2019
Closing of the financial year	30/06/2025	30/06/2024	30/06/2023	30/06/2022	30/06/2021	30/06/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	29/01/2026	31/01/2025	31/01/2024	24/02/2023	27/01/2022	27/01/2021
General meeting	24/01/2026	27/01/2025	29/01/2024	25/01/2023	25/01/2022	30/12/2020
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

Looking for more information about this company?

Try for 7 days

Filings

Annual accounts filings

19 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	30/06/2025	24/01/2026	29/01/2026	Dutch	PDF
Micro model	30/06/2024	27/01/2025	31/01/2025	Dutch	PDF
Micro model	30/06/2023	29/01/2024	31/01/2024	Dutch	PDF
Micro model	30/06/2022	25/01/2023	24/02/2023	Dutch	PDF
Micro model	30/06/2021	25/01/2022	27/01/2022	Dutch	PDF
Micro model	30/06/2020	30/12/2020	27/01/2021	Dutch	PDF
Micro model	30/06/2019	07/12/2019	23/01/2020	Dutch	PDF
Micro model	30/06/2018	01/12/2018	28/01/2019	Dutch	PDF
Micro model	30/06/2017	02/12/2017	03/01/2018	Dutch	PDF
Abridged model	30/06/2016	03/12/2016	06/01/2017	Dutch	PDF
Abridged model	30/06/2015	05/12/2015	22/01/2016	Dutch	PDF
Abridged model	30/06/2014	06/12/2014	08/01/2015	Dutch	PDF
Abridged model	30/06/2013	07/12/2013	23/12/2013	Dutch	PDF
Abridged model	30/06/2012	01/12/2012	12/12/2012	Dutch	PDF
Abridged model	30/06/2011	03/12/2011	21/12/2011	Dutch	PDF
Abridged model	30/06/2010	04/12/2010	09/12/2010	Dutch	PDF
Abridged model	30/06/2009	05/12/2009	23/12/2009	Dutch	PDF
Abridged model	30/06/2008	06/12/2008	22/12/2008	Dutch	PDF
Abridged model	30/06/2007	01/12/2007	05/12/2007	Dutch	PDF

Estimate

Indicative valuation

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 30/06/2025 · 1 active · 2 ended

Active mandates

Johan Van Mulders

Director

Active

Ended mandates

JOHAN VAN MULDERS

Manager

Ended

REGINA TROCH

Manager

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates21/11/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
PDF
Mandates02/01/2012
ONTSLAGEN - BENOEMINGEN
PDF
Mandates08/06/2004
ONTSLAGEN - BENOEMINGEN - DOEL - ALGEMENE VERGADERING - KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

2025
Annual accounts 2025-107,6 k €↓
2024
Annual accounts 2024-6,4 k €↑
2023
Annual accounts 2023-31,1 k €↑
2022
Annual accounts 2022-69,7 k €↓
2021
Annual accounts 2021-31,2 k €↓
2020
Annual accounts 202041,5 k €↑
2019
Annual accounts 201927,5 k €↑
2018
Annual accounts 20181 k €↑
2017
Annual accounts 2017839,2 €↓
2016
Annual accounts 20169,6 k €↑
2015
Annual accounts 20152,4 k €↓
2014
Annual accounts 201415,4 k €↑
2013
Annual accounts 2013-978,8 €↓
2012
Annual accounts 201230,3 k €↑
2011
Annual accounts 201118,3 k €↑
2010
Annual accounts 2010-3,8 k €↑
2009
Annual accounts 2009-33 k €↓
2008
Annual accounts 200826,2 k €↑
2007
Annual accounts 20077,1 k €
28/08/1995
IncorporationPrivate limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

BART

Overview

What does BART do?

Trend over 19 financial years

Board of directors

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline