BERMO · Checked.be

Summary

Conclusion

the dossier summarised in one paragraph

The computed 12-month bankruptcy probability of BERMO is 1.2% (low). The 2024 annual accounts show equity of €58k and a net result of €2k. Equity is growing by ~17.5% per year across the filed fiscal years. Its solvency ranks better than 39% of 11088 sector peers (fiscal year 2024). The company has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 7 annual accounts.

Signals

1 signal · with evidence

Consistently profitable

Positive net result in the two most recent financial years (2023 and 2024).

View the result trend

Signals are derived from the filed annual accounts and the sector comparison. No composite score: each signal is separately verifiable at the source.

Filing behaviour

From the deposit records, complete market-wide

Deadline passed, not yet counted as missing

The deadline for the year that closed on 31-12-2025 passed on 31-07-2026, 13 days ago. Our copy of the deposit register trails the National Bank (measured: median 14 days, p99 45 days), so we only call this filing missing from 45 days past the deadline.

Filed after the deadline

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 28-08-2025, 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.

How we compute the deadline

The year end is derived from 7 filed financial years, each closing on 31-12. The statutory deadline is seven months after the close of the financial year (art. 3:10 par. 1 CAC, art. 3:47 par. 7 for ASBL and foundations). Applied to the financial year that closed on 31-12-2024, that is 31-07-2025.

Deadline per financial year

Year closed	Due by	Filed	Variance	Reference
31-12-2025	31-07-2026	nothing on record	not filed	-
31-12-2024	31-07-2025	28-08-2025	28 d late	2025-00418856
31-12-2023	31-07-2024	29-06-2024	32 d early	2024-00183386
31-12-2022	31-07-2023	30-08-2023	30 d late	2023-00381632
31-12-2021	31-07-2022	31-08-2022	31 d late	2022-20361297
31-12-2020	31-07-2021	27-08-2021	27 d late	2021-54400399
31-12-2019	31-07-2020	30-07-2020	1 d early	2020-38400380
31-12-2018	31-07-2019	31-07-2019	on the day	2019-42400056

Source: the National Bank's deposit records. Those records are complete, including for years whose figures we have not read yet. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.

Trust signals

2 signals

More than 3 years active

Founded in 2017, past the statistically most fragile first 3 years.

No legal incidents

No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.

Administrative Flags

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Bankruptcy probability (12 mo)

Checked model v1 · free for everyone

1.2% Low

0%0,5%1,5%4%10%≥25%

Higher-failure-rate sector +Annual accounts: weaker financial profile +Young company +

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Financials

TurnoverNot published (abbreviated filing)

EBIT marginNot published (abbreviated filing)

Net result€2k-93.3%

Working capital€3k-85.7%

CSV export

Annual accounts & ratios

Source: NBB · 2024

Annual accounts filed on 28-08-2025 with the NBB · fiscal year 2024 · micro

Operating resultNet result

Trajectory (indicative)

Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.

growing Equity: growth of ~17.5%/year over 7 fiscal years, indicative, assuming unchanged policy.

Solid line = filed figures · dashed = extended trend · area = indicative range.

How do we compute this?

The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.

The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.

A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).

Sector comparison

Fiscal year 2024 · NACE 43, Specialised construction · compared within the same schema type (micro schema)

Metric	This company	Sector median	Position in the sector
Solvency	31.9%	40.9%	better than 39% of 11088 sector peers
Net result	€2k	€11k	better than 28% of 11070 sector peers
Equity	€58k	€34k	better than 68% of 11091 sector peers
Gross operating margin	€40k	€35k	better than 55% of 11060 sector peers
Total assets	€183k	€93k	better than 75% of 11088 sector peers

Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.

Sector position over time

Percentile per fiscal year versus peers that filed figures, computed year by year (a year without enough peers is absent).

Solvency P39

Weakening position over 2020-2024 · n=1633-11088

Net result P28

Weakening position over 2020-2024 · n=1626-11070

Equity P68

Improving position over 2020-2024 · n=1635-11091

Gross operating margin P55

Improving position over 2020-2024 · n=1624-11060

Describes the position versus peers, not a forecast.

EBITDA

€37k

-24.2% 18-24

Net profit

€2k

-93.3% 18-24

Cash flow

€28k

-27.5% 18-24

Total assets

€183k

+5.8% 18-24

Equity

€58k

-16.6% 18-24

Working capital

€3k

-85.7% 18-24

Income taxes

€2k

-81.7% 18-24

Dividends

€14k

- 18-24

Debt

€125k

+21.1% 18-24

Debt ≤ 1y

€47k

+39.0% 18-24

Debt > 1y

€78k

+12.5% 18-24

Current ratio

1.07

-36.7% 18-24

Quick ratio

0.94

-44.3% 18-24

Solvency

31.9%

-21.2% 18-24

Debt / equity

2.13

+45.2% 18-24

ROE

3.3%

-91.9% 18-24

ROA

1.0%

-93.6% 18-24

Interest coverage

4.76

-77.0% 18-24

Figures by fiscal year

Highlight YoY changes (±10%)

Fiscal year	2024
Deposit	micro
Revenue	-
EBITDA	€37k
Net profit	€2k
Cash flow	€28k
Staff costs	-
Income taxes	€2k
Dividends	€14k
Total assets	€183k
Equity	€58k
Debt	€125k
of which ≤ 1y	€47k
of which > 1y	€78k
Working capital	€3k
Employees (FTE)	-

Ratios (computed)

	2024
Current ratio	1.07
Quick ratio	0.94
Working capital ratio	1.8%
Solvency	31.9%
Debt / equity	2.13
Long-term debt ratio	1.34
Interest coverage	4.76
Gross margin	-
Net margin	-
ROA	1.0%
ROE	3.3%
EBITDA margin	-
Days sales outstanding	-
Days payable outstanding	-
Inventory turnover	-
Days inventory (DSI)	-

Balance-sheet composition 2024

Assets

Fixed assets €133k · 72.7% Current assets €50k · 27.3%

Equity & liabilities

Equity €58k · 31.9% Debt €125k · 68.1%

Full annual accounts

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2024
Balance sheet, Assets
TOTAL ASSETS	20/58	€183k
Fixed assets	21/28	€133k
Tangible fixed assets	22/27	€133k
Current assets	29/58	€50k
Stocks & contracts in progress	3	€6k
Amounts receivable within one year	40/41	€15k
Cash & bank	54/58	€29k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€183k
Equity	10/15	€58k
Contributions / capital	10/11	€6k
Reserves	13	€52k
Amounts payable	17/49	€125k
Amounts payable after one year	17	€78k
Amounts payable within one year	42/48	€47k
Trade debts payable within one year	44	€5k
Income statement
Gross operating margin	9900	€40k
Operating result	9901	€11k
Financial income	75	€276
Financial charges	65	€8k
Result before taxes	9903	€4k
Income taxes	67/77	€2k
Net result for the period	9904	€2k
Result to be appropriated	9905	€2k

You're seeing the latest fiscal year only. Unlock 4 prior years (figures + ratios) with a paid plan. See plans →

Ratios computed by Checked.

Health barometer

FY 2024 · computed

63 / 100 Healthy

050100

Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

Unlock the full score breakdown, per-year score history and the indicative credit limit from Kantoor S.

See plans →

Computed by Checked from the NBB filing for FY 2024. Indicative, not credit advice.

Directors

Directors & mandates

1 director

Current directors & mandates

Bert Moons
Director
State Gazette act 24426986 (09-09-2024)

Current
09-09-2024 → present

Full appointment history from the Belgian State Gazette. Permanent representatives are shown for corporate directors.This list is read straight from this company's published acts, not from the officer register.

Insolvency mandates

No insolvency mandates (liquidators, administrators) on record for this company.

Legal Structure

NACE primary	Dakwerkzaamheden(43410)
Legal form	Private limited company(610)
Incorporation	06-12-2017
Status	Active
Postal code	2220

Structure & network

Locations & real estate

Registered office

from the Crossroads Bank

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.

Misweg 122220 Heist-op-den-Berg

Establishment units

1 location

BERMO

Misweg 12, 2220 Heist-op-den-BergZagen en schaven van hout

since 20172.270.845.323

Physical sites registered in the Crossroads Bank for Enterprises (CBE).

Parcels1

Ground area3,360 m²

Buildings1

Building footprint311 m²

Volume (LiDAR)1,465 m³

Tallest building8.7 m · ±1 fl.

Real-estate footprint

Source: CBE × cadastre · address linking

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
12322H0051/00C000	Flanders	3,359 m²	1 · 311 m²	8.7 m · 1 fl.

Methodology

via registered seat: 1

1 of 1 parcels with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Publications

Lifecycle & Insolvency Signals

No insolvency signals in the Belgian State Gazette

Belgisch Staatsblad · acts

1 acts

All acts · 1 updated 1 year ago

2024

09-09-2024 Bert Moons appointed as director Director changes·Eduard Van de Poel

Bert Moons, Bestuurder

Notary: Eduard Van de Poel · PutteFirm: Van de Poel & Pinoy

Original publication ↗

Analysis

Snowflake analysis

financial profile on 5 axes

57 / 100

Mixed profile: strong on stability, weaker on profitability.

All 5 axes are computed from data Checked has read.

Health 63

Profitability 16

Solvency 52

Growth 52

Stability 100

Ask AI about this company

Checked AI

Soon: ask questions about this dossier, risks, curator, sector comparison, answered from the official data on this page.

TryWhat are the main risks?Any recent red flags?Compare to sector peers

Coming soon

AI due-diligence brief

Checked AI

Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.

Coming soon

The brief is drafted by our AI model at Anthropic in the US, from this dossier's public data. Nothing that identifies you is sent along and we do not keep the brief. Indicative, not legal or investment advice. How it works