Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 33 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Barge Company from Wijnegem, company number BE0500828816, closed financial year 2025 with a result of € 244,481 after tax. For that financial year Barge Company recorded a gross margin of € 1 million and equity of € 376,908. Compared with financial year 2024, the result moved from € 150,853 to € 244,481. Profitable, and profit is growing. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on September 28, 2026.
€ 376,908
▼ 30% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 244,481
▲ 62% vs 2024
Profit after tax over the fiscal year.
€ 87,024
▼ 5% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 2,517 paid out
1 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
1.2
▼ 0.8 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 57,649
▼ 44% vs 2024
€ 48,000 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 16,679
▲ 124% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 5.7 million
▼ 5% vs 2024
€ 660,184 is repaid this year. At this pace the long-term loan is gone in ≈ 9 years.
€ 45,959
▼ 78% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 129,548
▼ 37% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 855,174 | € 892,373 | € 819,943 | € 1,005,522 | ▲ 23% |
| Profit after taxes | € 139,994 | € 209,122 | € 150,853 | € 244,481 | ▲ 62% |
| Equity | € 1,974,969 | € 2,184,091 | € 534,943 | € 376,908 | ▼ 30% |
| Total debts | € 7,247,887 | € 7,074,949 | € 8,808,828 | € 6,234,333 | ▼ 29% |
| Cash | € 560,053 | € 249,733 | € 91,654 | € 87,024 | ▼ 5% |
| Retained profit | € 1,556,369 | € 1,765,491 | € 116,343 | € 358,308 | ▲ 208% |
| Dividend | € 0 | € 0 | € 1,800,000 | € 2,517 | ▼ € 1.8 million |
| Bank debt | € 6,826,000 | € 6,505,516 | € 6,015,355 | € 5,702,740 | ▼ 5% |
| Balance sheet total | € 9,222,856 | € 9,259,040 | € 9,343,771 | € 6,611,241 | ▼ 29% |
| Employees (FTE) | - | - | 2 | 1.2 | ▼ 0.8 |
Key figures of Barge Company, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to Barge Company?
What happened at Barge Company in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 244,481 (▲ 62% vs 2024). filed late Source: NBB ↗
- CESTO BV became a director. NBB
- New establishment in Wijnegem. KBO
- Start of the company according to the CBE. KBO
In short
From € 139,994 profit in 2022 to € 244,481 profit in 2025.
Paid € 534,786 in corporate taxes since 2022.
Best year ever: 2025, with € 244,481 profit.
On average € 837,900 of value added per employee in 2025.
Management
Behind Barge Company is CESTO BV. CESTO BV is also behind PORTCONNECT, WeBarge, BEFA-SHIPPING and WeBarge Holding.
Directors
According to the 2025 annual accounts
Director · represented by Olivier De Smedt
Also active at: PORTCONNECT, WeBarge, BEFA-SHIPPING, WeBarge Holding
since 2025
Establishments
Establishment units
Physical locations of this company
Stokerijstraat 27 box 15
2110 Wijnegem
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 6 companies are registered at this address.
All companies at this address →Contargo Transbox Belgium
€ 1.4 million gross margin · 2025
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PISTORIA
€ 65,378 gross margin · 2025
Levadura
€ -123,030 gross margin · 2025
SADOC
€ 1.7 million gross margin · 2025
+1 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0500.828.816
- VAT number
- BE 0500.828.816
- Registered office
- Stokerijstraat 27 bus 15, 2110 Wijnegem
- Names & denominations
- Barge Company
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 11 September 2012
- Peppol
- Active · Active since 16 Sept 2025
- Activities · NACE
Logistieke diensten
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Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies
Holdings
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