BEERNAERT
ActiveThe file of BEERNAERT contains 1 historical bankruptcy publication, as published in the Belgian State Gazette.
Summary
The computed 12-month bankruptcy probability is 0.3% (very low). The 2025 annual accounts show equity of €1.1m and a net result of -€18,790. Equity is shrinking by ~3% per year across the filed fiscal years. Its solvency ranks better than 52% of 10485 sector peers (fiscal year 2025).
Checked score
Score 2025
Axes · tick = 2024
Profitability50=
Solvency64▲+1
Growth58=
Track record85
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €70,000 at 30 days only on tighter terms
Liquidity short (current ratio 0.22 against 0.26 in 2024; short-term debt: 20.4% and cash: 0.1% of total assets), and 60.9% of the assets are financed with debt.
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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
39.1%
Return on assets
-0.7%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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
31 d late
2024
29 d late
2023
65 d late
2022
70 d late
2021
61 d late
2020
31 d late
2019
96 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 55 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 46% of the sector filed late.
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
27-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, abbreviated schema
Equity
€1.1m▼ 1.7%
2024 · €1.1m
Total assets
€2.8m▼ 3.4%
2024 · €3.0m
Net result
-€18,790▲ 4.3%
2024 · -€19,636
Working capital
-€451,931▼ 5.1%
2024 · -€429,843
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result-€168,268▼ 835%-€37,873▲ 77.5%-€42,212▼ 11.5%-€20,857▲ 50.6%-€20,754▲ 0.5%
Net result-€160,725▼ 1,316%-€33,128▲ 79.4%-€43,115▼ 30.1%-€19,636▲ 54.5%-€18,790▲ 4.3%
Equity€1.2m▼ 11.6%€1.2m▼ 2.7%€1.2m▼ 3.6%€1.1m▼ 1.7%€1.1m▼ 1.7%
Total assets€3.1m▲ 40.1%€3.2m▲ 1.8%€3.0m▼ 4.1%€3.0m▼ 2.6%€2.8m▼ 3.4%
Debt€1.4m▲ 326%€1.5m▲ 7.8%€1.4m▼ 4.8%€1.4m▼ 3.1%€1.3m▼ 4.9%
Working capital-€1.1m-€216,889▲ 81.1%-€409,931▼ 89.0%-€429,843▼ 4.9%-€451,931▼ 5.1%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Why a figure moved sharply
- 2022 Net result +79% on 2021. Cause not known from the registers.
- 2021 Net result -1,316% on 2020. The accounts now follow the micro schema, last year the abbreviated schema.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €20,754 in 2025 against €20,857 in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.8m
Fixed assets
€2.7m ▼ 2.7%
Current assets
€127,872 ▼ 17.2%
Equity and liabilities €2.8m
Equity
€1.1m ▼ 1.7%
Provisions
€428,420 ▼ 3.5%
Debt
€1.3m ▼ 4.9%
Debt's share of the balance-sheet total falls from 46.5% to 45.8%. Equity and debt are lower.
Key figures and ratios
EBITDA
€54,370▼
2024 · €57,328
Cash flow
€56,335▼
2024 · €58,549
Current ratio
0.22▼
2024 · 0.26
Debt to equity
1.17▼
2024 · 1.21
ROE
-1.7%▲
2024 · -1.7%
ROA
-0.7%▲
2024 · -0.7%
Interest coverage
3.89▲
2024 · 3.83
Debt ≤ 1 year
€579,803▼
2024 · €584,263
Debt > 1 year
€725,862▼
2024 · €788,576
Income taxes
€49▲
2024 · €48
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 8,594 companies that looked in July 2024 the way this one looks now, 0.4% went bankrupt within 24 months and 94% are still going.
- Small
- 20 years or older
- solvency 30% or more
- a small loss
0.4%
went bankrupt
5.2%
stopped otherwise
94%
still going
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.3% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 8,594 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €91,675 | €77,393 | €92,758 | €78,185 | €75,125 | ▼ 3.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | €57,500 | €0 | - | - | - | - |
| Other operating charges640/8 | €40,907 | €21,624 | €23,362 | €23,161 | €25,519 | ▲ 10.2% |
| Gross operating margin9900 | €21,813 | €61,144 | €73,908 | €80,489 | €79,889 | ▼ 0.7% |
| Operating profit (loss)9901 | -€168,268 | -€37,873 | -€42,212 | -€20,857 | -€20,754 | ▲ 0.5% |
| Financial income75/76B | €0 | €0 | €73 | €535 | €285 | ▼ 46.8% |
| Recurring financial income75 | €0 | €0 | €73 | €535 | €285 | ▼ 46.8% |
| Financial charges65/66B | €546 | €12,337 | €16,638 | €14,976 | €13,980 | ▼ 6.7% |
| Recurring financial charges65 | €546 | €12,337 | €16,638 | €14,976 | €13,980 | ▼ 6.7% |
| Profit (loss) for the period before taxes9903 | -€168,815 | -€50,210 | -€58,776 | -€35,297 | -€34,449 | ▲ 2.4% |
| Transfer from deferred taxes780 | €8,133 | €17,127 | €15,709 | €15,709 | €15,709 | = |
| Income taxes67/77 | €44 | €44 | €47 | €48 | €49 | ▲ 3.1% |
| Profit (loss) for the period9904 | -€160,725 | -€33,128 | -€43,115 | -€19,636 | -€18,790 | ▲ 4.3% |
| Transfer from tax-exempt reserves789 | €24,399 | €51,380 | €47,126 | €47,126 | €47,126 | = |
| Profit (loss) for the period to be appropriated9905 | -€136,326 | €18,252 | €4,011 | €27,490 | €28,336 | ▲ 3.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €3.1m | €3.2m | €3.0m | €3.0m | €2.8m | ▼ 3.4% |
| Fixed assets21/28 | €2.9m | €2.8m | €2.9m | €2.8m | €2.7m | ▼ 2.7% |
| Tangible fixed assets22/27 | €2.9m | €2.8m | €2.9m | €2.8m | €2.7m | ▼ 2.7% |
| Land and buildings22 | €2.9m | €2.8m | €2.9m | €2.8m | €2.7m | ▼ 2.7% |
| Furniture and vehicles24 | €6,254 | €0 | - | - | - | - |
| Leasing and similar rights25 | €0 | - | - | - | - | - |
| Current assets29/58 | €236,156 | €359,898 | €156,167 | €154,420 | €127,872 | ▼ 17.2% |
| Amounts receivable within one year40/41 | €81,262 | €105,074 | €111,082 | €122,779 | €115,480 | ▼ 5.9% |
| Trade receivables40 | €15,169 | €38,204 | €53,226 | €63,528 | €50,163 | ▼ 21.0% |
| Other amounts receivable41 | €66,092 | €66,870 | €57,856 | €59,251 | €65,317 | ▲ 10.2% |
| Current investments50/53 | - | - | €40,000 | €25,192 | €0 | ▼ 100% |
| Cash at bank and in hand54/58 | €154,602 | €254,502 | €5,085 | €5,273 | €3,802 | ▼ 27.9% |
| Deferred charges and accrued income490/1 | €292 | €321 | €0 | €1,176 | €8,590 | ▲ 630% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €3.1m | €3.2m | €3.0m | €3.0m | €2.8m | ▼ 3.4% |
| Equity10/15 | €1.2m | €1.2m | €1.2m | €1.1m | €1.1m | ▼ 1.7% |
| Contributions10/11 | €139,219 | €139,219 | €139,219 | €139,219 | €139,219 | = |
| Capital10 | €62,000 | €62,000 | €62,000 | €62,000 | €62,000 | = |
| Issued capital100 | €62,000 | €62,000 | €62,000 | €62,000 | €62,000 | = |
| Outside capital11 | €77,219 | €77,219 | €77,219 | €77,219 | €77,219 | = |
| Share premium1100/10 | €77,219 | €77,219 | €77,219 | €77,219 | €77,219 | = |
| Reserves13 | €1.5m | €1.5m | €1.4m | €1.4m | €1.3m | ▼ 3.5% |
| Non-distributable reserves130/1 | €6,242 | €6,242 | €6,242 | €6,242 | €6,242 | = |
| Legal reserve130 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Reserves not available under the articles1311 | €42 | €42 | €42 | €42 | €42 | = |
| Tax-exempt reserves132 | €1.5m | €1.4m | €1.4m | €1.3m | €1.3m | ▼ 3.5% |
| Distributable reserves133 | €22,723 | €22,723 | €22,723 | €22,723 | €22,723 | = |
| Profit (loss) carried forward14 | -€419,693 | -€401,441 | -€397,430 | -€369,940 | -€341,604 | ▲ 7.7% |
| Provisions and deferred taxes16 | €492,672 | €475,546 | €459,837 | €444,129 | €428,420 | ▼ 3.5% |
| Deferred taxes168 | €492,672 | €475,546 | €459,837 | €444,129 | €428,420 | ▼ 3.5% |
| Amounts payable17/49 | €1.4m | €1.5m | €1.4m | €1.4m | €1.3m | ▼ 4.9% |
| Amounts payable after more than one year17 | - | €910,902 | €850,250 | €788,576 | €725,862 | ▼ 8.0% |
| Financial debts170/4 | - | €910,902 | €850,250 | €788,576 | €725,862 | ▼ 8.0% |
| Amounts payable within one year42/48 | €1.4m | €576,787 | €566,098 | €584,263 | €579,803 | ▼ 0.8% |
| Current portion of amounts payable after more than one year42 | - | €59,646 | €60,652 | €61,674 | €62,714 | ▲ 1.7% |
| Financial debts43 | €0 | - | - | - | - | - |
| Credit institutions430/8 | €0 | - | - | - | - | - |
| Trade debts44 | €1.1m | €16,310 | €17,493 | €22,634 | €17,222 | ▼ 23.9% |
| Suppliers440/4 | €1.1m | €16,310 | €17,493 | €22,634 | €17,222 | ▼ 23.9% |
| Taxes, remuneration and social security45 | €11,229 | €10,057 | €948 | €1,266 | €30 | ▼ 97.6% |
| Taxes450/3 | €11,229 | €10,057 | €948 | €1,266 | €30 | ▼ 97.6% |
| Other amounts payable47/48 | €292,815 | €490,774 | €487,005 | €498,688 | €499,837 | ▲ 0.2% |
| Accrued charges and deferred income492/3 | - | €1,078 | €1,078 | €0 | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€160,725 | -€33,128 | -€43,115 | -€19,636 | -€18,790 | ▲ 4.3% |
| + Depreciation and write-downs630 | €91,675 | €77,393 | €92,758 | €78,185 | €75,125 | ▼ 3.9% |
| Operating cash flow (approximation) | -€69,051 | €44,265 | €49,643 | €58,549 | €56,335 | ▼ 3.8% |
| Investment in fixed assets (approximation) | - | -€10,888 | -€166,324 | €0 | €0 | - |
| Change in cash | - | €99,900 | -€249,418 | €188 | -€1,471 | ▼ 882% |
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
Next filing, fiscal year 2026, expected by
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 31 days late
2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
04-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 65 days late
2023
09-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 70 days late
2022
30-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 61 days late
2021
31-12
Financial
Weakest financial yearnet -€160,725
Net result drops to -€160,725, the lowest in the series; recovery starts the following year.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 31 days late
2020
04-11
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 96 days late
20-05
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 294 days late
2018
12-12
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 134 days late
03-12
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 490 days late
14-06
Bankruptcy
Judicial dissolution
Rechtbank van koophandel Gent, afdeling Ieper
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 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
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, Aalst
Ground area
358 m²
Building footprint
94 m²
Volume, LiDAR
1,175 m³
Parcel 41002B0485/00M002, Flanders · tallest building 14.8 m, ±4 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41002B0485/00M002 | Flanders | 358 m² | 1 · 94 m² | 14.8 m · 4 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.
Public money · subsidies and aid
Flemish government
2025 · 1 entry · 653 EUR awarded · 653 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 653 EUR | 653 EUR |
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Of 1,719 companies in sector 47521 we hold annual accounts for 1,287. 928 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded01-01-1968
Fiscal year end31-12
Activities, NACEBEL 2025
47521Retail sale of hardware, building materials, paint and glass (general range)
47551Retail sale of household furniture
E-invoicing
Reachable via Peppol
Peppol ID
0208:0405463463
Registered
31-12-2025
Register as of 26 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.