Bercopar
ActiveSummary
Bercopar has been active since 2000 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €11.59M and a net result of €-306k. Equity is shrinking by ~5.5% per year across the filed fiscal years. Its solvency ranks better than 50% of 3200 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability30▼-5
Solvency78▲+33
Growth52▲+20
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €800k at 30 days acceptable
Liquidity ample (current ratio 1.87 against 0.97 in 2024; short-term debt: 1% and cash: 1.6% of total assets), and 46.6% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers 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
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← 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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
53.4%
Return on assets
-1.4%
Age of the figures
9 mo
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €11.59M
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
31 d late
2024
22 d early
2023
27 d late
2022
12 d early
2021
31 d early
2020
31 d late
2019
97 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-306k▼ 225%
2024 · €-94k
2018: €418khighest in 8 years
2019: €-275k▼ -166% vs 2018
2020: €-232k▲ +15.5% vs 2019
2021: €-263k▼ -13.3% vs 2020
2022: €-225k▲ +14.4% vs 2021
2023: €-107k▲ +52.7% vs 2022
2024: €-94k▲ +11.7% vs 2023
2025: €-306k▼ -225% vs 2024lowest in 8 years
2018 → 2025
Working capital
€192k
2024 · €-7k
2018: €-1.28Mlowest in 8 years
2019: €-766k▲ +40.2% vs 2018
2020: €-300k▲ +60.9% vs 2019
2021: €-273k▲ +8.9% vs 2020
2022: €-157k▲ +42.5% vs 2021
2023: €248k▲ +258% vs 2022highest in 8 years
2024: €-7k▼ -103% vs 2023
2025: €192k▲ +2947% vs 2024
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€2.93M-€2.70M▼ 7.7%€2.59M▼ 4.0%€2.50M▼ 3.6%€11.59M▲ 364%
2021: €2.93M
2022: €2.70M▼ -7.7% vs 2021
2023: €2.59M▼ -4.0% vs 2022
2024: €2.50M▼ -3.6% vs 2023lowest in 5 years
2025: €11.59M▲ +364% vs 2024highest in 5 years
Operating result€-11k-€58k€405k▲ 594%€410k▲ 1.2%€196k▼ 52.3%
2021: €-11klowest in 5 years
2022: €58k▲ +618% vs 2021
2023: €405k▲ +594% vs 2022
2024: €410k▲ +1.2% vs 2023highest in 5 years
2025: €196k▼ -52.3% vs 2024
Net result€-263k-€-225k▲ 14.4%€-107k▲ 52.7%€-94k▲ 11.7%€-306k▼ 225%
2021: €-263k
2022: €-225k▲ +14.4% vs 2021
2023: €-107k▲ +52.7% vs 2022
2024: €-94k▲ +11.7% vs 2023highest in 5 years
2025: €-306k▼ -225% vs 2024lowest in 5 years
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 52% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €21.70M
Fixed assets
€21.29M ▲ 74.2%
Current assets
€414k ▲ 100%
Equity and liabilities €21.70M
Equity
€11.59M ▲ 364%
Debt
€10.11M ▲ 1.8%
Debt's share of the balance-sheet total falls from 79.9% to 46.6%. Equity and debt are higher.
Key figures and ratios
EBITDA
€778k▼
2024 · €998k
Cash flow
€277k▼
2024 · €495k
Current ratio
1.87▲
2024 · 0.97
Debt to equity
0.87▼
2024 · 3.97
ROE
-2.6%▲
2024 · -3.8%
ROA
-1.4%▼
2024 · -0.8%
Interest coverage
1.55▼
2024 · 2.07
Debt ≤ 1 year
€222k▲
2024 · €213k
Debt > 1 year
€9.42M▲
2024 · €9.26M
Income taxes
€767▼
2024 · €21k
Staff costs
€162k▼
2024 · €188k
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 · 54 lines
Balance sheet
Code20242025
Assets
Total assets20/58€12.43M€21.70M▲
Fixed assets21/28€12.22M€21.29M▲
Tangible fixed assets22/27€12.22M€21.29M▲
Land and buildings22€11.68M€20.89M▲
Plant, machinery and equipment23€17k€17k▼
Furniture and vehicles24€278k€233k▼
Other tangible fixed assets26€243k€152k▼
Financial fixed assets28€250€250=
Current assets29/58€206k€414k▲
Amounts receivable within one year40/41€142k€33k▼
Trade receivables40€128k€26k▼
Other amounts receivable41€13k€7k▼
Cash at bank and in hand54/58€19k€343k▲
Deferred charges and accrued income490/1€46k€37k▼
Equity and liabilities
Total equity and liabilities10/49€12.43M€21.70M▲
Equity10/15€2.50M€11.59M▲
Contributions10/11€3.13M€3.13M=
Capital10€3.04M€3.04M=
Issued capital100€3.04M€3.04M=
Outside capital11€93k€93k=
Share premium1100/10€93k€93k=
Revaluation surpluses12-€9.40M
Reserves13€146k€146k=
Non-distributable reserves130/1€146k€146k=
Legal reserve130€146k€146k=
Profit (loss) carried forward14€-777k€-1.08M▼
Amounts payable17/49€9.93M€10.11M▲
Amounts payable after more than one year17€9.26M€9.42M▲
Financial debts170/4€9.26M€9.42M▲
Amounts payable within one year42/48€213k€222k▲
Current portion of amounts payable after more than one year42€115k€115k=
Trade debts44€41k€29k▼
Suppliers440/4€41k€29k▼
Taxes, remuneration and social security45€46k€77k▲
Taxes450/3€24k€64k▲
Remuneration and social security454/9€22k€12k▼
Other amounts payable47/48€12k€1k▼
Accrued charges and deferred income492/3€452k€471k▲
Income statement
Code20242025
Remuneration, social security and pensions62€188k€162k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€589k€583k▼
Other operating charges640/8€24k€20k▼
Gross operating margin9900€1.21M€961k▼
Operating profit (loss)9901€410k€196k▼
Financial income75/76B€0€593▲
Recurring financial income75€0€593▲
Financial charges65/66B€483k€501k▲
Recurring financial charges65€483k€501k▲
Profit (loss) for the period before taxes9903€-73k€-305k▼
Income taxes67/77€21k€767▼
Profit (loss) for the period9904€-94k€-306k▼
Profit (loss) for the period to be appropriated9905€-94k€-306k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-777k€-1.08M▼
Profit (loss) brought forward from the previous period14P€-682k€-777k▼
Social balance
Average headcount (FTE)90874.03.3▼
The notes to these accounts (22 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €123k | €163k | €184k | €188k | €162k | ▼ 14.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €607k | €583k | €577k | €589k | €583k | ▼ 1.0% |
| Other operating charges640/8 | €66k | €25k | €68k | €24k | €20k | ▼ 15.5% |
| Gross operating margin9900 | €785k | €830k | €1.23M | €1.21M | €961k | ▼ 20.6% |
| Operating profit (loss)9901 | €-11k | €58k | €405k | €410k | €196k | ▼ 52.3% |
| Financial income75/76B | €2k | €0 | €38 | €0 | €593 | - |
| Recurring financial income75 | €2k | €0 | €38 | €0 | €593 | - |
| Financial charges65/66B | €253k | €283k | €510k | €483k | €501k | ▲ 3.8% |
| Recurring financial charges65 | €253k | €283k | €510k | €483k | €501k | ▲ 3.8% |
| Profit (loss) for the period before taxes9903 | €-262k | €-225k | €-106k | €-73k | €-305k | ▼ 317% |
| Income taxes67/77 | €1k | €610 | €1k | €21k | €767 | ▼ 96.3% |
| Profit (loss) for the period9904 | €-263k | €-225k | €-107k | €-94k | €-306k | ▼ 225% |
| Profit (loss) for the period to be appropriated9905 | €-263k | €-225k | €-107k | €-94k | €-306k | ▼ 225% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €13.43M | €12.87M | €13.16M | €12.43M | €21.70M | ▲ 74.6% |
| Fixed assets21/28 | €13.06M | €12.64M | €12.66M | €12.22M | €21.29M | ▲ 74.2% |
| Tangible fixed assets22/27 | €13.06M | €12.64M | €12.66M | €12.22M | €21.29M | ▲ 74.2% |
| Land and buildings22 | €12.26M | €11.97M | €11.97M | €11.68M | €20.89M | ▲ 78.8% |
| Plant, machinery and equipment23 | €30k | €20k | €9k | €17k | €17k | ▼ 1.2% |
| Furniture and vehicles24 | €201k | €183k | €325k | €278k | €233k | ▼ 16.1% |
| Other tangible fixed assets26 | €573k | €469k | €360k | €243k | €152k | ▼ 37.5% |
| Financial fixed assets28 | €400 | €400 | €400 | €250 | €250 | = |
| Current assets29/58 | €370k | €226k | €498k | €206k | €414k | ▲ 100% |
| Amounts receivable within one year40/41 | €201k | €43k | €340k | €142k | €33k | ▼ 76.5% |
| Trade receivables40 | €138k | €36k | €330k | €128k | €26k | ▼ 79.6% |
| Other amounts receivable41 | €63k | €8k | €10k | €13k | €7k | ▼ 46.9% |
| Cash at bank and in hand54/58 | €88k | €118k | €104k | €19k | €343k | ▲ 1,706% |
| Deferred charges and accrued income490/1 | €81k | €65k | €54k | €46k | €37k | ▼ 19.5% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €13.43M | €12.87M | €13.16M | €12.43M | €21.70M | ▲ 74.6% |
| Equity10/15 | €2.93M | €2.70M | €2.59M | €2.50M | €11.59M | ▲ 364% |
| Contributions10/11 | €3.13M | €3.13M | €3.13M | €3.13M | €3.13M | = |
| Capital10 | €3.04M | €3.04M | €3.04M | €3.04M | €3.04M | = |
| Issued capital100 | €3.04M | €3.04M | €3.04M | €3.04M | €3.04M | = |
| Outside capital11 | €93k | €93k | €93k | €93k | €93k | = |
| Share premium1100/10 | €93k | €93k | €93k | €93k | €93k | = |
| Revaluation surpluses12 | - | - | - | - | €9.40M | - |
| Reserves13 | €146k | €146k | €146k | €146k | €146k | = |
| Non-distributable reserves130/1 | €146k | €146k | €146k | €146k | €146k | = |
| Legal reserve130 | €146k | €146k | €146k | €146k | €146k | = |
| Profit (loss) carried forward14 | €-350k | €-576k | €-682k | €-777k | €-1.08M | ▼ 39.4% |
| Amounts payable17/49 | €10.51M | €10.17M | €10.57M | €9.93M | €10.11M | ▲ 1.8% |
| Amounts payable after more than one year17 | €9.66M | €9.54M | €9.84M | €9.26M | €9.42M | ▲ 1.7% |
| Financial debts170/4 | €9.66M | €9.54M | €9.84M | €9.26M | €9.42M | ▲ 1.7% |
| Amounts payable within one year42/48 | €644k | €383k | €249k | €213k | €222k | ▲ 4.0% |
| Current portion of amounts payable after more than one year42 | €469k | €219k | €115k | €115k | €115k | = |
| Trade debts44 | €43k | €49k | €57k | €41k | €29k | ▼ 28.8% |
| Suppliers440/4 | €43k | €49k | €57k | €41k | €29k | ▼ 28.8% |
| Taxes, remuneration and social security45 | €32k | €50k | €76k | €46k | €77k | ▲ 67.2% |
| Taxes450/3 | €18k | €33k | €55k | €24k | €64k | ▲ 167% |
| Remuneration and social security454/9 | €14k | €17k | €21k | €22k | €12k | ▼ 44.0% |
| Other amounts payable47/48 | €99k | €65k | €955 | €12k | €1k | ▼ 89.7% |
| Accrued charges and deferred income492/3 | €201k | €241k | €480k | €452k | €471k | ▲ 4.4% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-263k | €-225k | €-107k | €-94k | €-306k | ▼ 225% |
| + Depreciation and write-downs630 | €607k | €583k | €577k | €589k | €583k | ▼ 1.0% |
| Operating cash flow (approximation) | €344k | €358k | €471k | €495k | €277k | ▼ 44.0% |
| Investment in fixed assets (approximation) | - | €-160k | €-600k | €-146k | €-9.65M | ▼ 6,502% |
| Change in cash | - | €29k | €-14k | €-85k | €324k | ▲ 483% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · full schema · 31 days late
2025
31-12
Financial
Weakest financial yearnet €-306k
Net result drops to €-306k, the lowest in the series.
31-12
Financial
Equity above €10MEq €11.59M ▲364%
Equity rises from €2.50M to €11.59M.
09-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
27-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 27 days late
02-02
State Gazette act
General meeting · Capital
Share issue · Corporate purpose
2023
31-12
Financial
Liquidity triplescurrent ratio 1.99
Current ratio from 0.59 to 1.99; short-term debt falls from €383k to €249k.
19-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
30-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 31 days late
01-02
State Gazette act
General meeting · Director reappointment
Permanent representative · Director appointment
01-02
State Gazette act
Permanent representative
Show earlier events
2020
02-12
State Gazette act
General meeting · Statutes amendment
Corporate purpose · Capital · Frederic CONVENT
05-11
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 97 days late
28-10
State Gazette act
General meeting · Capital increase
Capital · Corporate purpose
25-08
State Gazette act
General meeting · Director reappointment
Permanent representative · Board composition
02-07
State Gazette act
General meeting · Permanent representative
Director resignation
2019
09-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 30 days late
30-04
State Gazette act
Incorporation · Founding capital
Corporate purpose · Director appointment
2017
24-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 24 days late
2016
25-01
State Gazette act
General meeting · Director resignation
Director discharge · Director appointment
2014
05-11
State Gazette act
General meeting · Director resignation
Director reappointment · Board composition
2013
27-02
State Gazette act
Board meeting · Director resignation
Director appointment · Permanent representative
2011
03-10
State Gazette act
General meeting · Director reappointment
Permanent representative · Mandate compensation
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 15 acts read
About the unread acts
We know of 15 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
15 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, Leuven · 1 establishment unit since 2001
Ground area
3.3 ha
Building footprint
3,415 m²
Volume, LiDAR
23,067 m³
2 parcels, Flanders · tallest building 16.0 m, ±2 floors. Linked by address, not a title deed.
35
companies at this address
See who is registered here
1 establishment unit
Weg tussen Weiden(OPV) 14, 3360 Bierbeek
since 20012.103.261.391
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24713D0269/00A000 | Flanders | 1.7 ha | 1 · 1,662 m² | 15.9 m · 2 fl. |
| 24514C0079/00G002 | Flanders | 1.6 ha | 1 · 1,753 m² | 8.0 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage: expect extra rules on renovation or sale.
Structure & network
Connections & network
5 connected companiesThis company
Company
Director
Shareholding
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Ownership & control
5 board mandatesBoard mandates of this companythis company sits on their board5
Public money · subsidies and aid
Flemish government
2025 · 1 entry · 7,260 EUR awarded · 7,260 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 7,260 EUR | 7,260 EUR |
Schemes
Retroactieve investeringspremie voor eigenaars van zonnepanelen na afschaffing van terugdraaiende teller
Recognitions · licences · registrations
Food safety, FASFC
1 siteBierbeek2.103.261.391
Legal Entity Identifier
549300XQYTH0L5Y83X09
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Of 82,553 companies in sector 70200 we hold annual accounts for 52,585. 6,093 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded13-09-2000
Fiscal year end31-12
Activities, NACEBEL 2025
68203Renting and operating of own or leased non-residential real estate, excluding land
70200Business and other management consultancy
68110Buying and selling of own real estate
82990Other business support services
Scores and ratios are computed by Checked and are not a credit decision.