Bertouille Immo
ActiveSummary
Bertouille Immo has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €185k and a net result of €-36k. Equity is growing by ~15% per year across the filed fiscal years. Its solvency ranks better than 29% of 2090 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.1% (low).
Checked score
Score 2025
40
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability29▼-28
Solvency33▼-1
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €7k at 30 days only on tighter terms
Liquidity short (current ratio 0.47 against 0.46 in 2024; short-term debt: 61.4% and cash: 0% of total assets), and 92.5% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 10
Relative position
BE, all sectors
reference
Sector 10
higher
← 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 · Consistently profitable
Positive net result in the two most recent financial years (2023 and 2024).
NBB · annual accounts 2024Net result per financial year
1819202122232425
2018 to 2025 · latest year €-36k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 23-09-2026, 54 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
54 d late
2024
207 d late
2023
68 d late
2022
4 d early
2021
78 d late
2020
61 d late
2019
172 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
€185k▼ 16.4%
2024 · €222k
2018: €54k
2019: €91k
2020: €110k
2021: €83k
2022: €141k
2023: €154k
2024: €222k
2018 → 2025
Total assets
€2.46M▲ 1.8%
2024 · €2.41M
2018: €1.06M
2019: €829k
2020: €928k
2021: €1.68M
2022: €2.04M
2023: €2.43M
2024: €2.41M
2018 → 2025
Net result
€-36k
2024 · €68k
2018: €-6k
2019: €38k
2020: €19k
2021: €-27k
2022: €58k
2023: €12k
2024: €68k
2018 → 2025
Working capital
€-803k▼ 11.4%
2024 · €-720k
2018: €-307k
2019: €-223k
2020: €-181k
2021: €-521k
2022: €-564k
2023: €-725k
2024: €-720k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€83k-€141k▲ 70.2%€154k▲ 8.7%€222k▲ 44.1%€185k▼ 16.4%
Operating result€-5k-€90k€33k▼ 62.7%€125k▲ 274%€4k▼ 97.1%
Net result€-27k-€58k€12k▼ 78.9%€68k▲ 450%€-36k
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 falls in 2025; 2025 is 97% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.46M
Fixed assets
€1.75M ▼ 2.7%
Current assets
€704k ▲ 14.9%
Equity and liabilities €2.46M
Equity
€185k ▼ 16.4%
Debt
€2.27M ▲ 3.6%
Debt's share of the balance-sheet total rises from 90.8% to 92.5%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€56k▼
2024 · €178k
Cash flow
€16k▼
2024 · €120k
Current ratio
0.47▲
2024 · 0.46
Debt to equity
12.25▲
2024 · 9.88
ROE
-19.6%▼
2024 · 30.6%
ROA
-1.5%▼
2024 · 2.8%
Interest coverage
1.40▼
2024 · 4.20
Debt ≤ 1 year
€1.51M▲
2024 · €1.33M
Debt > 1 year
€762k▼
2024 · €856k
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 · 49 lines
Balance sheet
Code20242025
Assets
Total assets20/58€2.41M€2.46M▲
Fixed assets21/28€1.80M€1.75M▼
Tangible fixed assets22/27€1.80M€1.75M▼
Land and buildings22€1.79M€1.75M▼
Plant, machinery and equipment23€3k€3k▼
Financial fixed assets28€2k€2k=
Current assets29/58€613k€704k▲
Amounts receivable within one year40/41€612k€615k▲
Trade receivables40€524k€524k▼
Other amounts receivable41€87k€91k▲
Cash at bank and in hand54/58€135€6▼
Deferred charges and accrued income490/1€644€89k▲
Equity and liabilities
Total equity and liabilities10/49€2.41M€2.46M▲
Equity10/15€222k€185k▼
Contributions10/11€19k€19k=
Outside capital11€19k€19k=
Other1109/19€19k€19k=
Reserves13€12k€12k=
Distributable reserves133€12k€12k=
Profit (loss) carried forward14€191k€155k▼
Amounts payable17/49€2.19M€2.27M▲
Amounts payable after more than one year17€856k€762k▼
Financial debts170/4€848k€754k▼
Trade debts175€1k€1k=
Other amounts payable178/9€6k€7k▲
Amounts payable within one year42/48€1.33M€1.51M▲
Current portion of amounts payable after more than one year42€91k€97k▲
Financial debts43€28k€34k▲
Credit institutions430/8€28k€34k▲
Trade debts44€25k€155k▲
Suppliers440/4€25k€155k▲
Advances received on contracts in progress46€6k€6k=
Taxes, remuneration and social security45€38k€19k▼
Taxes450/3€38k€19k▼
Other amounts payable47/48€1.15M€1.20M▲
Accrued charges and deferred income492/3€1k€1k▲
Income statement
Code20242025
Non-recurring operating income76A€4k-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€52k€52k▼
Other operating charges640/8€12k€3k▼
Gross operating margin9900€189k€59k▼
Operating profit (loss)9901€125k€4k▼
Financial charges65/66B€42k€40k▼
Recurring financial charges65€42k€40k▼
Profit (loss) for the period before taxes9903€83k€-36k▼
Income taxes67/77€15k-
Profit (loss) for the period9904€68k€-36k▼
Profit (loss) for the period to be appropriated9905€68k€-36k▼
Appropriation of the result
Profit (loss) to be appropriated9906€191k€155k▼
Profit (loss) brought forward from the previous period14P€123k€191k▲
The notes to these accounts (7 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
23-09
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 54 days late
23-02
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 207 days late
2025
31-12
Financial
Weakest financial yearnet €-36k ▼154%
Net result drops to €-36k, the lowest in the series.
2024
31-12
Financial
Highest result since 2018net €68k ▲450%
Operating result €125k, net result €68k, both a record.
31-12
Financial
Equity above €200kEq €222k ▲44.1%
3 profitable years in a row build equity to €222k.
07-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 68 days late
2023
31-12
Financial
Equity above €150kEq €154k ▲8.7%
2 profitable years in a row build equity to €154k.
27-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €58k
Net result €58k after one loss-making year.
31-12
Financial
Equity above €100kEq €141k ▲70.2%
Equity rises from €83k to €141k.
17-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 78 days late
2021
30-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 61 days late
Show earlier events
19-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 172 days late
2020
31-12
Financial
Equity above €100kEq €110k ▲20.7%
2 profitable years in a row build equity to €110k.
2019
31-12
Financial
Back to profitnet €38k
Net result €38k after one loss-making year.
30-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 91 days late
2018
13-11
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 105 days late
2017
29-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 60 days late
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, Opwijk · 2 establishment units since 2012
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.
Langeveldstraat 1231745 OpwijkGround area
2,783 m²
Building footprint
407 m²
Volume, LiDAR
2,115 m³
2 parcels, Flanders · tallest building 11.0 m, ±2 floors. Linked by address, not a title deed.
2 establishment units
Bakkerij Jens
since 20122.214.211.872
Bakkerij Jens
since 20162.255.581.184
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23752E0279/00G000 | Flanders | 2,457 m² | 1 · 183 m² | 8.7 m · 2 fl. |
| 23060B0435/00G000 | Flanders | 325 m² | 1 · 223 m² | 11.0 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Legal Entity Identifier
254900QZX1KPXZ1REU95
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BAKKERIJ VAN ROEY
BE 0674.372.308
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COPPENS
BE 0425.119.920
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Of 4,226 companies in sector 10712 we hold annual accounts for 1,870. 1,505 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
Founded29-08-2012
Fiscal year end31-12
Activities, NACEBEL 2025
10712Artisanal bread and fresh pastry making
Sources
Crossroads Bank for EnterprisesNational Bank · 13 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.