BETTERVIEW
Open bankruptcyA bankruptcy procedure is open for BETTERVIEW according to publications in the Belgian State Gazette; curator: BERT BERT.
Summary
The 2024 annual accounts show equity of €54k and a net result of €-5k.
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024Net result per financial year
21222324
2021 to 2024 · latest year €-5k
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 17-10-2025, 78 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 · 4 filingsDeviation from the deadline
2025
not confirmed
2024
78 d late
2023
343 d late
2022
32 d early
2021
44 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€54k▼ 8.9%
2023 · €59k
2021: €34klowest in 4 years
2022: €75k▲ +122% vs 2021highest in 4 years
2023: €59k▼ -21.7% vs 2022
2024: €54k▼ -8.9% vs 2023
2021 → 2024
Total assets
€114k▲ 21.4%
2023 · €94k
2021: €49klowest in 4 years
2022: €161k▲ +226% vs 2021highest in 4 years
2023: €94k▼ -41.7% vs 2022
2024: €114k▲ +21.4% vs 2023
2021 → 2024
Net result
€-5k▲ 67.8%
2023 · €-16k
2021: €14k
2022: €41k▲ +199% vs 2021highest in 4 years
2023: €-16k▼ -139% vs 2022lowest in 4 years
2024: €-5k▲ +67.8% vs 2023
2021 → 2024
Working capital
€52k▼ 8.3%
2023 · €57k
2021: €34klowest in 4 years
2022: €75k▲ +121% vs 2021highest in 4 years
2023: €57k▼ -23.5% vs 2022
2024: €52k▼ -8.3% vs 2023
2021 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2021202220232024Trend
Equity€34k-€75k▲ 122%€59k▼ 21.7%€54k▼ 8.9%
2021: €34klowest in 4 years
2022: €75k▲ +122% vs 2021highest in 4 years
2023: €59k▼ -21.7% vs 2022
2024: €54k▼ -8.9% vs 2023
Operating result€18k-€53k▲ 197%€-16k€-1k▲ 91.5%
2021: €18k
2022: €53k▲ +197% vs 2021highest in 4 years
2023: €-16k▼ -131% vs 2022lowest in 4 years
2024: €-1k▲ +91.5% vs 2023
Net result€14k-€41k▲ 199%€-16k€-5k▲ 67.8%
2021: €14k
2022: €41k▲ +199% vs 2021highest in 4 years
2023: €-16k▼ -139% vs 2022lowest in 4 years
2024: €-5k▲ +67.8% vs 2023
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €1k in 2024 against €16k in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €114k
Fixed assets
€1k ▼ 31.1%
Current assets
€113k ▲ 22.4%
Equity and liabilities €114k
Equity
€54k ▼ 8.9%
Debt
€60k ▲ 72.5%
Debt's share of the balance-sheet total rises from 37.2% to 52.9%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-816▲
2023 · €-16k
Cash flow
€-5k▲
2023 · €-16k
Current ratio
1.87▼
2023 · 2.64
Debt to equity
1.12▲
2023 · 0.59
ROE
-9.8%▲
2023 · -27.8%
ROA
-4.6%▲
2023 · -17.4%
Interest coverage
-0.14▲
2023 · -11.18
Debt ≤ 1 year
€60k▲
2023 · €35k
Income taxes
€151
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 · 2024 against 2023 · 39 lines
Balance sheet
Code20232024
Assets
Total assets20/58€94k€114k▲
Fixed assets21/28€2k€1k▼
Tangible fixed assets22/27€1k€649▼
Plant, machinery and equipment23€1k€649▼
Financial fixed assets28€566€566=
Current assets29/58€92k€113k▲
Amounts receivable within one year40/41€75k€112k▲
Trade receivables40€46k€81k▲
Other amounts receivable41€29k€31k▲
Cash at bank and in hand54/58€17k-
Deferred charges and accrued income490/1€447€1k▲
Equity and liabilities
Total equity and liabilities10/49€94k€114k▲
Equity10/15€59k€54k▼
Contributions10/11€20k€20k=
Reserves13€39k€39k=
Distributable reserves133€39k€39k=
Profit (loss) carried forward14-€-5k
Amounts payable17/49€35k€60k▲
Amounts payable within one year42/48€35k€60k▲
Financial debts43-€23k
Credit institutions430/8-€23k
Trade debts44€28k€37k▲
Suppliers440/4€28k€37k▲
Taxes, remuneration and social security45€7k€616▼
Taxes450/3€7k€616▼
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€450€549▲
Other operating charges640/8€1k€1k▲
Gross operating margin9900€-14k€555▲
Operating profit (loss)9901€-16k€-1k▲
Financial income75/76B€1k€2k▲
Recurring financial income75€1k€2k▲
Financial charges65/66B€1k€6k▲
Recurring financial charges65€1k€6k▲
Profit (loss) for the period before taxes9903€-16k€-5k▲
Income taxes67/77-€151
Profit (loss) for the period9904€-16k€-5k▲
Profit (loss) for the period to be appropriated9905€-16k€-5k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-16k€-5k▲
Transfer from equity791/2€16k-
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | - | €450 | €549 | ▲ 22.1% |
| Other operating charges640/8 | €198 | €112 | €1k | €1k | ▲ 20.5% |
| Gross operating margin9900 | €18k | €53k | €-14k | €555 | ▲ 104% |
| Operating profit (loss)9901 | €18k | €53k | €-16k | €-1k | ▲ 91.5% |
| Financial income75/76B | €2 | €21 | €1k | €2k | ▲ 74.7% |
| Recurring financial income75 | €2 | €21 | €1k | €2k | ▲ 74.7% |
| Financial charges65/66B | €348 | €664 | €1k | €6k | ▲ 306% |
| Recurring financial charges65 | €348 | €664 | €1k | €6k | ▲ 306% |
| Profit (loss) for the period before taxes9903 | €17k | €52k | €-16k | €-5k | ▲ 68.7% |
| Income taxes67/77 | €3k | €10k | - | €151 | - |
| Profit (loss) for the period9904 | €14k | €41k | €-16k | €-5k | ▲ 67.8% |
| Profit (loss) for the period to be appropriated9905 | €14k | €41k | €-16k | €-5k | ▲ 67.8% |
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €49k | €161k | €94k | €114k | ▲ 21.4% |
| Fixed assets21/28 | - | €566 | €2k | €1k | ▼ 31.1% |
| Tangible fixed assets22/27 | - | - | €1k | €649 | ▼ 45.9% |
| Plant, machinery and equipment23 | - | - | €1k | €649 | ▼ 45.9% |
| Financial fixed assets28 | - | €566 | €566 | €566 | = |
| Current assets29/58 | €49k | €161k | €92k | €113k | ▲ 22.4% |
| Stocks and contracts in progress3 | €28k | €4k | - | - | - |
| Stocks30/36 | €6k | €4k | - | - | - |
| Contracts in progress37 | €22k | €0 | - | - | - |
| Amounts receivable within one year40/41 | €19k | €135k | €75k | €112k | ▲ 49.5% |
| Trade receivables40 | €15k | €134k | €46k | €81k | ▲ 76.1% |
| Other amounts receivable41 | €4k | €1k | €29k | €31k | ▲ 6.8% |
| Cash at bank and in hand54/58 | €1k | €21k | €17k | - | - |
| Deferred charges and accrued income490/1 | €752 | €1k | €447 | €1k | ▲ 129% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €49k | €161k | €94k | €114k | ▲ 21.4% |
| Equity10/15 | €34k | €75k | €59k | €54k | ▼ 8.9% |
| Contributions10/11 | €20k | €20k | €20k | €20k | = |
| Reserves13 | €14k | €55k | €39k | €39k | = |
| Distributable reserves133 | €14k | €55k | €39k | €39k | = |
| Profit (loss) carried forward14 | - | - | - | €-5k | - |
| Amounts payable17/49 | €16k | €86k | €35k | €60k | ▲ 72.5% |
| Amounts payable within one year42/48 | €16k | €86k | €35k | €60k | ▲ 72.5% |
| Financial debts43 | - | - | - | €23k | - |
| Credit institutions430/8 | - | - | - | €23k | - |
| Trade debts44 | €12k | €35k | €28k | €37k | ▲ 33.9% |
| Suppliers440/4 | €12k | €35k | €28k | €37k | ▲ 33.9% |
| Advances received on contracts in progress46 | - | €40k | - | - | - |
| Taxes, remuneration and social security45 | €3k | €11k | €7k | €616 | ▼ 91.6% |
| Taxes450/3 | €3k | €11k | €7k | €616 | ▼ 91.6% |
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €14k | €41k | €-16k | €-5k | ▲ 67.8% |
| + Depreciation and write-downs630 | - | - | €450 | €549 | ▲ 22.1% |
| Operating cash flow (approximation) | €14k | €41k | €-16k | €-5k | ▲ 70.4% |
| Investment in fixed assets (approximation) | - | - | €-2k | €0 | ▲ 100% |
| Change in cash | - | €20k | €-4k | - | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2026
23-01
Bankruptcy
Opening
Ondernemingsrechtbank Gent, afdeling Brugge · event 19-01-2026
2025
17-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 78 days late
09-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 343 days late
2023
31-12
Financial
Weakest financial yearnet €-16k
Net result drops to €-16k, the lowest in the series.
29-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Highest result since 2021net €41k ▲199%
Operating result €53k, net result €41k, both a record.
17-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
4 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, Brugge · 1 establishment unit since 2020
Ground area
677 m²
Building footprint
659 m²
Volume, LiDAR
10,066 m³
Parcel 31027D0359/00E004, Flanders · tallest building 19.1 m, ±5 floors. Linked by address, not a title deed.
14
companies at this address
See who is registered here
1 establishment unit
BETERVIEW
since 20202.301.039.641
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31027D0359/00E004 | Flanders | 677 m² | 1 · 659 m² | 19.1 m · 5 fl. |
Linked by address, not proof of ownership
Good to know
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 | BERT BERT KOMVEST 29, 8000 BRUGGE- |
19-01-2026 → present |
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Of 20,018 companies in sector 43320 we hold annual accounts for 9,132. 7,441 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded31-03-2020
Fiscal year end31-12
Activities, NACEBEL 2025
43320Joinery installation
43310Plastering work
47521Retail sale of hardware, building materials, paint and glass (general range)
Scores and ratios are computed by Checked and are not a credit decision.