BERTH INVEST
ActiveSummary
BERTH INVEST has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3.06M and a net result of €38k. Equity is growing by ~5.6% per year across the filed fiscal years. Its solvency ranks better than 95% of 9194 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
91
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability70▼-1
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €270k at 30 days acceptable
short-term debt: 0.3% and cash: 70.7% of total assets, and 0.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four 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
99.3%
Return on assets
1.2%
Age of the figures
15 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 27-01-2026, 4 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
4 d early
2024
1 d early
2023
1 d early
2022
on the day
2021
on the day
2020
1 d late
2019
1 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close24-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€3.06M▲ 1.2%
2024 · €3.02M
2019: €2.04M
2020: €2.54M
2021: €2.48M
2022: €3.04M
2023: €3.12M
2024: €3.02M
2019 → 2025
Total assets
€3.08M▼ 3.4%
2024 · €3.19M
2019: €2.21M
2020: €3.12M
2021: €2.90M
2022: €3.51M
2023: €3.40M
2024: €3.19M
2019 → 2025
Net result
€38k▼ 21.9%
2024 · €48k
2019: €244k
2020: €503k
2021: €-62k
2022: €654k
2023: €233k
2024: €48k
2019 → 2025
Working capital
€2.82M▲ 1.1%
2024 · €2.79M
2019: €1.68M
2020: €1.33M
2021: €1.28M
2022: €1.63M
2023: €2.83M
2024: €2.79M
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€2.48M-€3.04M▲ 22.3%€3.12M▲ 2.7%€3.02M▼ 3.3%€3.06M▲ 1.2%
Operating result€-36k-€972k€356k▼ 63.4%€48k▼ 86.6%€59k▲ 24.3%
Net result€-62k-€654k€233k▼ 64.4%€48k▼ 79.3%€38k▼ 21.9%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 24% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.08M
Fixed assets
€250k ▲ 8.9%
Current assets
€2.83M ▼ 4.3%
Equity and liabilities €3.08M
Equity
€3.06M ▲ 1.2%
Debt
€23k ▼ 86.2%
Debt's share of the balance-sheet total falls from 5.3% to 0.7%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€91k▲
2024 · €78k
Cash flow
€69k▼
2024 · €78k
Debt to equity
0.01▼
2024 · 0.06
ROE
1.2%▼
2024 · 1.6%
ROA
1.2%▼
2024 · 1.5%
Interest coverage
85.51▲
2024 · 85.37
Debt ≤ 1 year
€9k▼
2024 · €166k
Income taxes
€27k▲
2024 · €8k
A ratio outside any meaningful range has been withheld (balance sheet total €3.08M, equity €3.06M).
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 · 50 lines
Balance sheet
Code20242025
Assets
Total assets20/58€3.19M€3.08M▼
Fixed assets21/28€229k€250k▲
Tangible fixed assets22/27€120k€141k▲
Furniture and vehicles24€120k€141k▲
Financial fixed assets28€109k€109k=
Current assets29/58€2.96M€2.83M▼
Amounts receivable after more than one year29-€100k
Trade receivables290-€100k
Stocks and contracts in progress3€492k-
Stocks30/36€492k-
Amounts receivable within one year40/41€690k€550k▼
Trade receivables40€16k€45k▲
Other amounts receivable41€674k€505k▼
Cash at bank and in hand54/58€1.76M€2.18M▲
Deferred charges and accrued income490/1€12k€2k▼
Equity and liabilities
Total equity and liabilities10/49€3.19M€3.08M▼
Equity10/15€3.02M€3.06M▲
Contributions10/11€62k€62k=
Reserves13€1.05M€1.09M▲
Tax-exempt reserves132€19k€19k=
Distributable reserves133€1.04M€1.07M▲
Profit (loss) carried forward14€1.90M€1.90M=
Amounts payable17/49€168k€23k▼
Amounts payable within one year42/48€166k€9k▼
Trade debts44€6k€3k▼
Suppliers440/4€6k€3k▼
Taxes, remuneration and social security45€6k€1k▼
Taxes450/3€5k€362▼
Remuneration and social security454/9€750€750=
Other amounts payable47/48€154k€4k▼
Accrued charges and deferred income492/3€1k€14k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€30k€32k▲
Other operating charges640/8€13k€21k▲
Gross operating margin9900€90k€112k▲
Operating profit (loss)9901€48k€59k▲
Financial income75/76B€10k€7k▼
Recurring financial income75€10k€7k▼
Financial charges65/66B€911€1k▲
Recurring financial charges65€911€1k▲
Profit (loss) for the period before taxes9903€56k€65k▲
Income taxes67/77€8k€27k▲
Profit (loss) for the period9904€48k€38k▼
Profit (loss) for the period to be appropriated9905€48k€38k▼
Appropriation of the result
Profit (loss) to be appropriated9906€1.95M€1.94M▼
Profit (loss) brought forward from the previous period14P€1.90M€1.90M▲
Transfer from equity791/2€150k-
Transfer to equity691/2€45k€38k▼
To other reserves6921€45k€38k▼
Profit to be distributed694/7€150k-
Return on contributions (dividend)694€150k-
The notes to these accounts (9 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
27-01
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
30-06
Financial
Liquidity times 18current ratio 327.40
Current ratio from 17.80 to 327.40; short-term debt falls from €166k to €9k.
30-01
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
30-01
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
30-06
Financial
Liquidity triplescurrent ratio 11.34
Current ratio from 4.49 to 11.34; short-term debt falls from €468k to €274k.
31-01
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
30-06
Financial
Back to profitnet €654k
Net result €654k after one loss-making year.
31-01
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
30-06
Financial
Weakest financial yearnet €-62k ▼112%
Net result drops to €-62k, the lowest in the series; recovery starts the following year.
01-02
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 1 day late
2020
30-01
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-01
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
31-01
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
08-02
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 8 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Pepingen · 1 establishment unit since 2003
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.
Neerstraat(H) 761670 PepingenGround area
1,807 m²
Building footprint
184 m²
Volume, LiDAR
1,302 m³
Parcel 23029B0339/00F000, Flanders · tallest building 10.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
BERTH INVEST
since 20032.115.476.067
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23029B0339/00F000 | Flanders | 1,807 m² | 1 · 184 m² | 10.5 m · 2 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.
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Of 11,747 companies in sector 68310 we hold annual accounts for 6,905. 2,227 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
Founded23-12-2002
Fiscal year end30-06
Activities, NACEBEL 2025
68310Real estate agency activities
Sources
Crossroads Bank for EnterprisesNational Bank · 22 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.