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BERRY COMPANY

Open bankruptcy
Private limited companyfounded 2012Brusselsesteenweg 493B, 9090 Merelbeke-Melle, BelgiumKBO/BCE: BE 0843.081.537

A bankruptcy procedure is open for BERRY COMPANY according to publications in the Belgian State Gazette; curator: GWENDOLYN VAN KERCKVOORDE.

Summary

The 2019 annual accounts show equity of €583k and a net result of €156k.

Signals

Three signals. The signal on the left, the evidence on the right.
+raises riskneutral
raises risk · Register: open bankruptcy
The KBO register records the legal situation: open bankruptcy. This is today's state according to the register itself; the register carries no start date.
KBO · legal situation
raises risk · Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Belgian State Gazette
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2019 was due by 30-04-2020 and was filed on 30-04-2020, 0 days ahead of the deadline.
NBB · 7 filings
Deviation from the deadline
2025
not filed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
not filed
2019
on the day
← before the deadline after the deadline →
Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2019, abbreviated schema

Equity
€583k▲ 36.6%
2018 · €427k
2018: €427k
2018 → 2019
Total assets
€5.52M▲ 17.2%
2018 · €4.71M
2018: €4.71M
2018 → 2019
Net result
€156k▼ 15.4%
2018 · €184k
2018: €184k
2018 → 2019
Working capital
€223k
2018 · €-143k
2018: €-143k
2018 → 2019
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20182019Trend
Equity€427k-€583k▲ 36.6%
Operating result€411k-€370k▼ 10.2%
Net result€184k-€156k▼ 15.4%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
€0€200k€400kOperating result 2018: €411k€411kNet result 2018: €184k€184kOperating result 2019: €370k€370kNet result 2019: €156k€156k20182019€0€200k€400kOperating result 2018: €411k€411kNet result 2018: €184k€184kOperating result 2019: €370k€370kNet result 2019: €156k€156k20182019
The operating result falls in 2019; 2019 is 10% below 2018.
Balance-sheet composition
2019 in colour, 2018 as the grey bar beneath
Assets €5.52M
Fixed assets €1.54M ▼ 22.4%
Current assets €3.98M ▲ 46.0%
Equity and liabilities €5.52M
Equity €583k ▲ 36.6%
Debt €4.94M ▲ 15.2%
Debt's share of the balance-sheet total falls from 90.9% to 89.4%. Equity and debt are higher.
Key figures and ratios
2019 value · change against 2018
EBITDA
€1.44M
2018 · €1.62M
Cash flow
€1.23M
2018 · €1.39M
Current ratio
1.06
2018 · 0.95
Debt to equity
2.03
2018 · 3.32
ROE
26.8%
2018 · 43.2%
ROA
2.8%
2018 · 3.9%
Debt ≤ 1 year
€3.75M
2018 · €2.87M
Debt > 1 year
€1.19M
2018 · €1.42M
Income taxes
€33k
2018 · €59k
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 · 2019 against 2018 · 24 lines
Balance sheet Code20182019
Assets
Total assets20/58€4.71M€5.52M
Fixed assets21/28€1.99M€1.54M
Tangible fixed assets22/27€1.95M€1.47M
Financial fixed assets28€41k€74k
Current assets29/58€2.72M€3.98M
Amounts receivable within one year40/41€2.21M€3.62M
Cash at bank and in hand54/58€41k€189k
Equity and liabilities
Total equity and liabilities10/49€4.71M€5.52M
Equity10/15€427k€583k
Contributions10/11€19k€19k=
Reserves13€408k€564k
Amounts payable17/49€4.29M€4.94M
Amounts payable after more than one year17€1.42M€1.19M
Amounts payable within one year42/48€2.87M€3.75M
Trade debts44€1.42M€2.25M
Income statement Code20182019
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1.21M€1.07M
Gross operating margin9900€2.94M€3.45M
Operating profit (loss)9901€411k€370k
Recurring financial income75€7k€8k
Recurring financial charges65€182k€189k
Profit (loss) for the period before taxes9903€243k€189k
Income taxes67/77€59k€33k
Profit (loss) for the period9904€184k€156k
Profit (loss) for the period to be appropriated9905€184k€156k

Download as CSV

Timeline · acts, filings and financial milestones

2022
14-03
Bankruptcy Opening
Ondernemingsrechtbank Gent, afdeling Gent · BERRY COMPANY BV BRUS- SELSESTEENWEG 493B, 9090 MELLE · event 08-03-2022
2020
30-04
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
30-09
Financial Equity above €500kEq €583k ▲36.6%
2 profitable years in a row build equity to €583k.
29-04
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
21-03
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
06-04
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
25-03
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema
2015
23-03
NBB filing Annual accounts filed
fiscal year 2014 · abbreviated schema
2014
24-03
NBB filing Annual accounts filed
fiscal year 2013 · abbreviated schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
11 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, Merelbeke-Melle · 1 establishment unit since 2012
establishment The establishment unit on the map
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.

Brusselsesteenweg 493B9090 Merelbeke-Melle
Ground area
9,799 m²
Building footprint
2,802 m²
Volume, LiDAR
21,092 m³
Parcel 44040D0086/00B003, Flanders · tallest building 9.9 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Brusselsesteenweg 493B, 9090 Merelbeke-Melle
Freight transport by road
since 20122.206.624.492
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
44040D0086/00B003 Flanders 9,799 m² 1 · 2,802 m² 9.9 m · 3 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.

Insolvency mandates

1 mandate
Role Name Tenure
Curator GWENDOLYN VAN KERCKVOORDE
NEERSTRAAT 70, 9921 VINDERHOUTE
08-03-2022present

Recognitions · licences · registrations

Food safety, FASFC

1 site
Merelbeke-Melle2.206.624.492
1 permission
Vervoer levensmiddelen onder gecontroleerde temperatuur en/of atmosfeer · since 06-05-2019

Similar companies · same sector, comparable size

Of 12,604 companies in sector 49410 we hold annual accounts for 8,202. 4,986 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 formPrivate limited company
Founded25-01-2012
Fiscal year end30-09
Activities, NACEBEL 2025
49410Freight transport by road
52250Logistics services
53100Postal and courier activities
53200Other postal and courier activities
70200Business and other management consultancy
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers

Scores and ratios are computed by Checked and are not a credit decision.