BERACO
ActiveSummary
BERACO has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €306,777 and a net result of €3,098. Equity is shrinking by ~3.5% per year across the filed fiscal years. Its solvency ranks better than 84% of 3243 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability35▼-40
Solvency100=
Growth32=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €21,000 at 30 days acceptable
Liquidity ample (current ratio 4.4 against 4.76 in 2024; short-term debt: 10% and cash: 1.5% of total assets), and 10% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← 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
90%
Return on assets
0.9%
Age of the figures
15 mo
neutral · A punctual record breaks
This company filed 9 consecutive financial years on time. The year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 02-02-2026, 2 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
2 d late
2024
29 d early
2023
28 d early
2022
1 d early
2021
on the day
2020
41 d early
2019
42 d early
← 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 20 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.
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. Usually files around 30 January (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-06-2026 close30-09-2026 today31-01-2027 deadline
History
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Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€3,098▼ 81.9%
2024 · €17,104
Working capital
€115,504▼ 2.8%
2024 · €118,866
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result-€19,378▲ 78.7%€7,944€25,036▲ 215%€18,887▼ 24.6%€4,214▼ 77.7%
Net result-€13,281below the sector's middle half▲ 84.4%€9,666within the sector's middle half€19,172within the sector's middle half▲ 98.3%€17,104within the sector's middle half▼ 10.8%€3,098within the sector's middle half▼ 81.9%
Equity€344,379above the sector's middle half▼ 3.7%€332,384within the sector's middle half▼ 3.5%€329,896within the sector's middle half▼ 0.7%€325,339within the sector's middle half▼ 1.4%€306,777within the sector's middle half▼ 5.7%
Total assets€348,484within the sector's middle half▼ 3.7%€356,516below the sector's middle half▲ 2.3%€365,157below the sector's middle half▲ 2.4%€356,940below the sector's middle half▼ 2.3%€340,720below the sector's middle half▼ 4.5%
Debt€4,105▼ 0.4%€24,131▲ 488%€35,261▲ 46.1%€31,601▼ 10.4%€33,943▲ 7.4%
Working capital€194,379above the sector's middle half▼ 30.0%€96,544within the sector's middle half▼ 50.3%€108,223within the sector's middle half▲ 12.1%€118,866within the sector's middle half▲ 9.8%€115,504within the sector's middle half▼ 2.8%
Solvency98.8%above the sector's middle half=93.2%above the sector's middle half▼ 5.6pp90.3%above the sector's middle half▼ 2.9pp91.1%above the sector's middle half▲ 0.8pp90.0%above the sector's middle half▼ 1.1pp
Current ratio48.35above the sector's middle half▼ 19.995.00above the sector's middle half▼ 43.354.07above the sector's middle half▼ 0.934.76above the sector's middle half▲ 0.694.40above the sector's middle half▼ 0.36
Return on assets (ROA)-3.8%below the sector's middle half▲ 19.7pp2.7%within the sector's middle half▲ 6.5pp5.3%within the sector's middle half▲ 2.5pp4.8%within the sector's middle half▼ 0.5pp0.9%within the sector's middle half▼ 3.9pp
above
within
below
the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 78% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €340,720
Fixed assets
€191,273 ▼ 7.4%
Current assets
€149,447 ▼ 0.7%
Equity and liabilities €340,720
Equity
€306,777 ▼ 5.7%
Debt
€33,943 ▲ 7.4%
Debt's share of the balance-sheet total rises from 8.9% to 10.0%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€4,414▼
2024 · €19,087
Cash flow
€3,298▼
2024 · €17,304
Debt to equity
0.11▲
2024 · 0.10
ROE
1.0%▼
2024 · 5.3%
Interest coverage
1.83▼
2024 · 12.16
Debt ≤ 1 year
€33,943▲
2024 · €31,601
Income taxes
€1,362▼
2024 · €2,824
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €188 | €8,036 | €15,102 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | - | €167 | €200 | €200 | = |
| Other operating charges640/8 | - | €1,736 | €1,237 | €1,251 | €584 | ▼ 53.3% |
| Gross operating margin9900 | -€19,277 | €9,680 | €26,440 | €20,338 | €4,998 | ▼ 75.4% |
| Operating profit (loss)9901 | -€19,378 | €7,944 | €25,036 | €18,887 | €4,214 | ▼ 77.7% |
| Financial income75/76B | - | €2,569 | €3,165 | €2,770 | €2,665 | ▼ 3.8% |
| Recurring financial income75 | €7,127 | €2,569 | €3,165 | €2,770 | €2,665 | ▼ 3.8% |
| Financial charges65/66B | - | €244 | €8,440 | €1,729 | €2,418 | ▲ 39.9% |
| Recurring financial charges65 | €110 | €244 | €404 | €1,570 | €2,418 | ▲ 54.0% |
| Non-recurring financial charges66B | - | - | €8,036 | €159 | - | - |
| Profit (loss) for the period before taxes9903 | -€12,361 | €10,268 | €19,761 | €19,928 | €4,461 | ▼ 77.6% |
| Income taxes67/77 | €919 | €602 | €588 | €2,824 | €1,362 | ▼ 51.8% |
| Profit (loss) for the period9904 | -€13,281 | €9,666 | €19,172 | €17,104 | €3,098 | ▼ 81.9% |
| Profit (loss) for the period to be appropriated9905 | -€13,281 | €9,666 | €19,172 | €17,104 | €3,098 | ▼ 81.9% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €348,484 | €356,516 | €365,157 | €356,940 | €340,720 | ▼ 4.5% |
| Fixed assets21/28 | €150,000 | €235,840 | €221,673 | €206,473 | €191,273 | ▼ 7.4% |
| Tangible fixed assets22/27 | - | - | €833 | €633 | €433 | ▼ 31.6% |
| Furniture and vehicles24 | - | - | €833 | €633 | €433 | ▼ 31.6% |
| Financial fixed assets28 | €150,000 | €235,840 | €220,840 | €205,840 | €190,840 | ▼ 7.3% |
| Current assets29/58 | €198,484 | €120,676 | €143,484 | €150,467 | €149,447 | ▼ 0.7% |
| Amounts receivable within one year40/41 | €23,402 | €20,928 | €65,069 | €78,332 | €142,670 | ▲ 82.1% |
| Trade receivables40 | - | €137 | €48,400 | €20,000 | €35,000 | ▲ 75.0% |
| Other amounts receivable41 | - | €20,791 | €16,669 | €58,332 | €107,670 | ▲ 84.6% |
| Cash at bank and in hand54/58 | €174,616 | €98,342 | €76,809 | €71,040 | €5,009 | ▼ 92.9% |
| Deferred charges and accrued income490/1 | - | €1,405 | €1,606 | €1,095 | €1,769 | ▲ 61.5% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €348,484 | €356,516 | €365,157 | €356,940 | €340,720 | ▼ 4.5% |
| Equity10/15 | €344,379 | €332,384 | €329,896 | €325,339 | €306,777 | ▼ 5.7% |
| Contributions10/11 | - | €18,550 | €18,550 | €18,550 | €18,550 | = |
| Reserves13 | €33,218 | €33,218 | €33,218 | €33,218 | €33,218 | = |
| Non-distributable reserves130/1 | - | €6,250 | €6,250 | - | - | - |
| Reserves not available under the articles1311 | - | €6,250 | €6,250 | - | - | - |
| Distributable reserves133 | - | €26,968 | €26,968 | €33,218 | €33,218 | = |
| Profit (loss) carried forward14 | €292,610 | €280,616 | €278,128 | €273,571 | €255,009 | ▼ 6.8% |
| Amounts payable17/49 | €4,105 | €24,131 | €35,261 | €31,601 | €33,943 | ▲ 7.4% |
| Amounts payable within one year42/48 | €4,105 | €24,131 | €35,261 | €31,601 | €33,943 | ▲ 7.4% |
| Trade debts44 | €3,528 | €180 | €2,401 | €2,024 | €600 | ▼ 70.4% |
| Suppliers440/4 | - | €180 | €2,401 | €2,024 | €600 | ▼ 70.4% |
| Advances received on contracts in progress46 | - | - | - | - | €6,050 | - |
| Taxes, remuneration and social security45 | - | €1,198 | €11,199 | €7,916 | €5,633 | ▼ 28.8% |
| Taxes450/3 | - | €1,198 | €11,199 | €7,916 | €5,633 | ▼ 28.8% |
| Other amounts payable47/48 | - | €22,753 | €21,661 | €21,661 | €21,661 | = |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€13,281 | €9,666 | €19,172 | €17,104 | €3,098 | ▼ 81.9% |
| + Depreciation and write-downs630 | - | - | €167 | €200 | €200 | = |
| Operating cash flow (approximation) | -€13,281 | €9,666 | €19,340 | €17,304 | €3,298 | ▼ 80.9% |
| Investment in fixed assets (approximation) | - | -€85,840 | €14,000 | €15,000 | €15,000 | = |
| Change in cash | - | -€76,274 | -€21,533 | -€5,769 | -€66,031 | ▼ 1,045% |
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
02-02
NBB filing
Annual accounts filed
fiscal year 2025 · full schema · 2 days late
2025
02-01
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
03-01
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
30-01
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
30-06
Financial
Back to profitnet €9,666
Net result €9,666 after 2 loss-making years.
31-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2020
21-12
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
30-06
Financial
Weakest financial yearnet -€85,033
Net result drops to -€85,033, the lowest in the series; recovery starts the following year.
30-06
Financial
Liquidity times 96current ratio 68.34
Current ratio from 0.71 to 68.34; short-term debt falls from €34,927 to €4,123.
2019
20-12
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
15-01
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2017
17-11
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
27-01
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 11 acts read
About the unread acts
We know of 11 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
No directors read yet: 0 of 11 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Liège · 1 establishment unit since 2007
Ground area
2,133 m²
Building footprint
259 m²
Volume, LiDAR
3,290 m³
2 parcels, Wallonia · tallest building 24.0 m, ±7 floors. Linked by address, not a title deed.
1 establishment unit
BERACO
since 20072.164.365.552
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62030C0236/00M000 ProtectedSite or landscape |
Wallonia | 1,979 m² | 1 · 157 m² | 9.9 m · 2 fl. |
| 62803A1284/00H000 | Wallonia | 154 m² | 1 · 102 m² | 24.0 m · 7 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage: expect extra rules on renovation or sale.
Structure & network
Owners and holdings
1 holdingOwners 0
The accounts to 30-06-2025 list no shareholders, and no other source names one.
Holdings 1
-
100%
According to the annual accounts to 30-06-2025 of BERACO and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
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Of 82,601 companies in this sector we hold annual accounts for 52,629. 38,040 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company details
Identification
Legal formPrivate limited company
Founded27-03-2007
Fiscal year end30-06
Activities, NACEBEL 2025
70200Business and other management consultancy
E-invoicing
Reachable via Peppol
Peppol ID
0208:0888273738
Also
9925:BE0888273738
Registered
17-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.