BERT MANAGEMENT BUREAU
Open bankruptcyA bankruptcy procedure is open for BERT MANAGEMENT BUREAU according to publications in the Belgian State Gazette; curator: STEFFI VANHULLE.
Summary
The 2022 annual accounts show negative equity (€-175k) and a net result of €59k.
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 30-08-2023, 30 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
not confirmed
2024
not filed
2023
not filed
2022
30 d late
2021
236 d late
2020
12 d late
2019
31 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2022, abbreviated schema
Turnover
€0
Total assets
€1.46M▲ 6.7%
2021 · €1.36M
2018: €1.78M
2019: €1.93M
2020: €1.61M
2021: €1.36M
2018 → 2022
Net result
€59k
2021 · €-141k
2018: €44k
2019: €-48k
2020: €-308k
2021: €-141k
2018 → 2022
Working capital
€-429k▼ 5.8%
2021 · €-405k
2018: €231k
2019: €-34k
2020: €-347k
2021: €-405k
2018 → 2022
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20182019202020212022Trend
Turnover€0
Equity€264k-€215k▼ 18.4%€-93k€-234k▼ 152%€-175k▲ 25.3%
Operating result€78k-€5k▼ 93.6%€-290k€-138k▲ 52.2%€77k
Net result€44k-€-48k€-308k▼ 536%€-141k▲ 54.1%€59k
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2022: €77k after a loss of €138k in 2021.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €1.46M
Fixed assets
€895k ▼ 4.2%
Current assets
€562k ▲ 30.6%
Key figures and ratios
EBITDA
€116k▲
2021 · €-99k
Cash flow
€99k▲
2021 · €-102k
Solvency
-12.0%▲
2021 · -17.2%
Current ratio
0.57▲
2021 · 0.52
Debt to equity
-9.32▼
2021 · -6.83
ROA
4.1%▲
2021 · -10.4%
Interest coverage
6.43▲
2021 · -14.12
Debt
€1.63M▲
2021 · €1.60M
Debt ≤ 1 year
€991k▲
2021 · €835k
Debt > 1 year
€641k▼
2021 · €669k
Staff costs
€185▼
2021 · €6k
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 · 2022 against 2021 · 57 lines
Balance sheet
Code20212022
Assets
Total assets20/58€1.36M€1.46M▲
Fixed assets21/28€934k€895k▼
Tangible fixed assets22/27€929k€890k▼
Land and buildings22€925k€890k▼
Plant, machinery and equipment23€0€0=
Furniture and vehicles24€5k€0▼
Financial fixed assets28€5k€5k=
Current assets29/58€430k€562k▲
Amounts receivable within one year40/41€290k€561k▲
Trade receivables40€198k€534k▲
Other amounts receivable41€92k€26k▼
Current investments50/53€1k€1k=
Cash at bank and in hand54/58€4k€0▼
Deferred charges and accrued income490/1€135k€0▼
Equity and liabilities
Total equity and liabilities10/49€1.36M€1.46M▲
Equity10/15€-234k€-175k▲
Contributions10/11€96k€96k=
Outside capital11€96k€96k=
Other1109/19€96k€96k=
Reserves13€22k€22k=
Non-distributable reserves130/1€11k€11k=
Reserves not available under the articles1311€11k€11k=
Distributable reserves133€11k€11k=
Profit (loss) carried forward14€-352k€-293k▲
Amounts payable17/49€1.60M€1.63M▲
Amounts payable after more than one year17€669k€641k▼
Financial debts170/4€669k€641k▼
Trade debts175€0€0=
Amounts payable within one year42/48€835k€991k▲
Current portion of amounts payable after more than one year42€14k€28k▲
Financial debts43€200k€132k▼
Credit institutions430/8€200k€120k▼
Other loans439-€12k
Trade debts44€0€218k▲
Suppliers440/4€0€218k▲
Taxes, remuneration and social security45€2k€12k▲
Taxes450/3€2k€11k▲
Remuneration and social security454/9€0€1k▲
Other amounts payable47/48€619k€600k▼
Accrued charges and deferred income492/3€94k-
Income statement
Code20212022
Turnover70-€0
Non-recurring operating income76A-€56k
Goods, raw materials, services and sundry goods60/61€568k€771k▲
Remuneration, social security and pensions62€6k€185▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€40k€40k=
Other operating charges640/8€20k€2k▼
Gross operating margin9900€-73k€119k▲
Operating profit (loss)9901€-138k€77k▲
Financial income75/76B€4k€620▼
Recurring financial income75€4k€620▼
Financial charges65/66B€7k€18k▲
Recurring financial charges65€7k€18k▲
Profit (loss) for the period before taxes9903€-141k€59k▲
Profit (loss) for the period9904€-141k€59k▲
Profit (loss) for the period to be appropriated9905€-141k€59k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-352k€-293k▲
Profit (loss) brought forward from the previous period14P€-211k€-352k▼
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
09-12
Bankruptcy
Opening
Ondernemingsrechtbank Brussel · BERT MANAGEMENT BUREAU BV ZWARTEBERG 68, 1790 AFFLIGEM · event 02-12-2025
2023
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 30 days late
24-03
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 236 days late
2022
31-12
Financial
Back to profitnet €59k
Net result €59k after 3 loss-making years.
2021
12-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 12 days late
2020
31-12
Financial
Weakest financial yearnet €-308k
Net result drops to €-308k, the lowest in the series.
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 31 days late
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 30 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 31 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 31 days late
2016
30-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 30 days late
2015
27-08
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema · 27 days late
2014
30-07
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
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, Affligem · 1 establishment unit since 2007
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.
Zwarteberg 681790 AffligemGround area
7,840 m²
Building footprint
168 m²
Parcel 23030D0237/00B000, Flanders. Linked by address, not a title deed.
1 establishment unit
BMB
since 20072.165.564.194
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23030D0237/00B000 | Flanders | 7,840 m² | 1 · 168 m² | - |
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 | STEFFI VANHULLE GROTE BAAN 68, 9120 BEVEREN-
KRUIBEKE-ZWIJNDRECHT |
02-12-2025 → present |
Public money · subsidies and aid
Flemish government
2022 · 2 entries · 35,625 EUR awarded · 35,625 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 2 | 35,625 EUR | 35,625 EUR |
Schemes
Vlaams Beschermingsmechanisme 11 (stopgezet)
Vlaams beschermingsmechanisme 12 (stopgezet)
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Of 886 companies in sector 74991 we hold annual accounts for 317. 221 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 (pre-2019)
Founded24-08-2007
Fiscal year end31-12
Activities, NACEBEL 2025
74991Agents and managers of artists, athletes and other public figures
70200Business and other management consultancy
90391Promotion and organisation of arts and performing arts events
Sources
Crossroads Bank for EnterprisesNational Bank · 15 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.