BERELS INVEST
ActiveSummary
BERELS INVEST has been active since 1991 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.70M and a net result of €-22k. Equity remains stable across the filed fiscal years (±1.8% per year). Its solvency ranks better than 58% of 9194 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
65
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability40=
Solvency66▲+3
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €110k at 30 days acceptable
Liquidity short (current ratio 0.93 against 0.98 in 2024; short-term debt: 34.2% and cash: 4.5% of total assets), and 58.6% 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○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← 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
41.4%
Return on assets
-0.5%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 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
28 d late
2024
6 d early
2023
29 d late
2022
31 d late
2021
31 d late
2020
11 d early
2019
13 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
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€1.70M▼ 1.3%
2024 · €1.72M
2018: €1.44M
2019: €1.59M
2020: €1.61M
2021: €1.64M
2022: €1.73M
2023: €1.75M
2024: €1.72M
2018 → 2025
Total assets
€4.10M▼ 10.1%
2024 · €4.56M
2018: €4.81M
2019: €5.04M
2020: €5.14M
2021: €4.47M
2022: €4.63M
2023: €4.33M
2024: €4.56M
2018 → 2025
Net result
€-22k▲ 33.9%
2024 · €-33k
2018: €-24k
2019: €20k
2020: €17k
2021: €32k
2022: €25k
2023: €9k
2024: €-33k
2018 → 2025
Working capital
€-98k▼ 166%
2024 · €-37k
2018: €293k
2019: €411k
2020: €258k
2021: €273k
2022: €-26k
2023: €-42k
2024: €-37k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€1.64M-€1.73M▲ 5.2%€1.75M▲ 1.2%€1.72M▼ 1.9%€1.70M▼ 1.3%
Operating result€93k-€98k▲ 5.5%€79k▼ 19.6%€63k▼ 19.3%€91k▲ 43.0%
Net result€32k-€25k▼ 20.4%€9k▼ 64.9%€-33k€-22k▲ 33.9%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 43% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €4.10M
Fixed assets
€2.79M ▼ 6.0%
Current assets
€1.30M ▼ 17.9%
Equity and liabilities €4.10M
Equity
€1.70M ▼ 1.3%
Provisions
€162k ▼ 10.1%
Debt
€2.24M ▼ 15.9%
Debt's share of the balance-sheet total falls from 58.4% to 54.7%. Equity and debt are lower.
Key figures and ratios
EBITDA
€292k▲
2024 · €249k
Cash flow
€179k▲
2024 · €153k
Current ratio
0.93▼
2024 · 0.98
Quick ratio
0.17▼
2024 · 0.20
Debt to equity
1.32▼
2024 · 1.55
ROE
-1.3%▲
2024 · -1.9%
ROA
-0.5%▲
2024 · -0.7%
Interest coverage
2.63▼
2024 · 2.68
Debt ≤ 1 year
€1.40M▼
2024 · €1.62M
Debt > 1 year
€829k▼
2024 · €1.04M
Income taxes
€21k▼
2024 · €27k
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 · 58 lines
Balance sheet
Code20242025
Assets
Total assets20/58€4.56M€4.10M▼
Fixed assets21/28€2.97M€2.79M▼
Tangible fixed assets22/27€2.97M€2.79M▼
Land and buildings22€2.97M€2.79M▼
Current assets29/58€1.59M€1.30M▼
Stocks and contracts in progress3€1.26M€1.07M▼
Stocks30/36€1.26M€1.07M▼
Amounts receivable within one year40/41€23k€39k▲
Trade receivables40€2k€17k▲
Other amounts receivable41€21k€22k▲
Cash at bank and in hand54/58€293k€185k▼
Deferred charges and accrued income490/1€5k€8k▲
Equity and liabilities
Total equity and liabilities10/49€4.56M€4.10M▼
Equity10/15€1.72M€1.70M▼
Contributions10/11€446k€446k=
Capital10€446k€446k=
Issued capital100€446k€446k=
Reserves13€1.27M€1.25M▼
Non-distributable reserves130/1€57k€57k=
Legal reserve130€57k€57k=
Other1319€13€13=
Tax-exempt reserves132€548k€493k▼
Distributable reserves133€667k€700k▲
Provisions and deferred taxes16€180k€162k▼
Deferred taxes168€180k€162k▼
Amounts payable17/49€2.66M€2.24M▼
Amounts payable after more than one year17€1.04M€829k▼
Financial debts170/4€970k€821k▼
Other amounts payable178/9€67k€8k▼
Amounts payable within one year42/48€1.62M€1.40M▼
Current portion of amounts payable after more than one year42€155k€149k▼
Financial debts43€1.36M€1.10M▼
Credit institutions430/8€1.36M€1.10M▼
Trade debts44€71k€2k▼
Suppliers440/4€71k€2k▼
Advances received on contracts in progress46-€7k
Taxes, remuneration and social security45€30k€66k▲
Taxes450/3€30k€66k▲
Other amounts payable47/48€8k€75k▲
Accrued charges and deferred income492/3€2k€10k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€186k€201k▲
Other operating charges640/8€37k€94k▲
Non-recurring operating charges66A€0-
Gross operating margin9900€286k€385k▲
Operating profit (loss)9901€63k€91k▲
Financial income75/76B€6k€1k▼
Recurring financial income75€6k€1k▼
Financial charges65/66B€93k€111k▲
Recurring financial charges65€93k€111k▲
Profit (loss) for the period before taxes9903€-24k€-19k▲
Transfer from deferred taxes780€18k€18k▲
Income taxes67/77€27k€21k▼
Profit (loss) for the period9904€-33k€-22k▲
Transfer from tax-exempt reserves789€54k€55k▲
Profit (loss) for the period to be appropriated9905€21k€33k▲
Appropriation of the result
Profit (loss) to be appropriated9906€21k€33k▲
Transfer to equity691/2€21k€33k▲
To other reserves6921€21k€33k▲
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
Next filing, fiscal year 2026, expected by
2026
28-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 28 days late
2025
25-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €-33k ▼465%
Net result drops to €-33k, the lowest in the series; recovery starts the following year.
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 29 days late
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 31 days late
2021
31-12
Financial
Highest result since 2018net €32k ▲91.2%
Net result €32k, the highest in the series.
20-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
13-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 13 days late
2019
31-12
Financial
Back to profitnet €20k
Net result €20k after one loss-making year.
26-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 26 days late
2018
30-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
04-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 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, Wingene · 1 establishment unit since 1991
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.
Hille 738750 WingeneGround area
1,198 m²
Building footprint
88 m²
Volume, LiDAR
240 m³
Parcel 37019B0445/00V002, Flanders · tallest building 3.3 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
BERELS INVEST
since 19912.052.980.254
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 37019B0445/00V002 | Flanders | 1,197 m² | 1 · 88 m² | 3.3 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
WESTEND
BE 0821.103.416
Koksijde · Eq €1,697,692
STUIVENBERG
BE 0422.049.077
Aalter · Eq €1,699,939
Taxa Bouw
BE 1010.892.131
Kontich · Eq €1,691,011
Eurynome
BE 0726.473.580
Knokke-Heist · Eq €1,700,363
NANCY SCHUDDINCK
BE 0834.966.694
Hamme (Vl.) · Eq €1,702,437
Of 7,320 companies in sector 68110 we hold annual accounts for 5,381. 2,814 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
Founded28-03-1991
Fiscal year end31-12
Activities, NACEBEL 2025
68110Buying and selling of own real estate
68203Renting and operating of own or leased non-residential real estate, excluding land
70200Business and other management consultancy
Sources
Crossroads Bank for EnterprisesNational Bank · 35 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.