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BERAECO

Active
Public limited companyfounded 20196 yrs activeLaageind 91, 2940 Stabroek, BelgiumKBO/BCE: BE 0736.989.964
Summary

The computed 12-month bankruptcy probability of BERAECO is 1.8% (moderate). The 2024 annual accounts show equity of €1.2m and a net result of €11,585. Equity remains stable across the filed fiscal years (±0.6% per year). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2024
Axes · tick = 2023
Profitability40=
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
1.8% Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €70,000 at 30 days acceptable
short-term debt: 0.6% and cash: 0% of total assets, and 0.6% 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
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 6 years 0 10 y
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024
Solvency, return and age of the figures
Solvency
99.4%
Return on assets
0.9%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 16-06-2025, 45 days ahead of the deadline.
NBB · 5 filings
Deviation from the deadline
2025
not confirmed
2024
45 d early
2023
42 d early
2022
55 d early
2021
45 d early
2020
45 d early
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 5 accounts on average 46 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

BERAECO was incorporated on 31 October 2019 as a Public limited company.1 Total assets went from EUR 1.2 million in 2020 to EUR 1.2 million in 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2020 and 2024

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Financials · fiscal year 2024, abbreviated schema

Equity
€1.2m▲ 1.0%
2023 · €1.2m
Total assets
€1.2m▲ 1.4%
2023 · €1.2m
Net result
€11,585▼ 12.7%
2023 · €13,263
Working capital
€1.2m▲ 1.0%
2023 · €1.2m
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
Line20202021202220232024
Operating result-€11,948--€5,028▲ 57.9%-€6,130▼ 21.9%-€6,485▼ 5.8%-€8,897▼ 37.2%
Net result-€8,294--€2,348▲ 71.7%€3,807€13,263▲ 248%€11,585▼ 12.7%
Equity€1.2m-€1.2m▼ 0.2%€1.2m▲ 0.3%€1.2m▲ 1.1%€1.2m▲ 1.0%
Total assets€1.2m-€1.2m▼ 0.2%€1.2m▲ 0.3%€1.2m▲ 1.4%€1.2m▲ 1.4%
Debt€66€3,082▲ 4,601%€7,862▲ 155%
Working capital€1.2m€1.2m▲ 1.1%€1.2m▲ 1.0%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
-€20,000-€10,000€0€10,000Operating result 2020: -€11,948-€11,948Net result 2020: -€8,294-€8,294Operating result 2021: -€5,028-€5,028Net result 2021: -€2,348-€2,348Operating result 2022: -€6,130-€6,130Net result 2022: €3,807€3,807Operating result 2023: -€6,485-€6,485Net result 2023: €13,263€13,263Operating result 2024: -€8,897-€8,897Net result 2024: €11,585€11,58520202021202220232024-€10,000€0€10,000Operating result 2022: -€6,130-€6,130Net result 2022: €3,807€3,810Operating result 2023: -€6,485-€6,490Net result 2023: €13,263€13,300Operating result 2024: -€8,897-€8,900Net result 2024: €11,585€11,600202220232024
The operating result stays negative: a loss of €8,897 in 2024 against €6,485 in 2023; the loss grows.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Equity and liabilities €1.2m
Equity €1.2m ▲ 1.0%
Debt €7,862 ▲ 155%
Debt's share of the balance-sheet total rises from 0.3% to 0.6%. Equity and debt are higher.
Key figures and ratios
2024 value · change against 2023
Quick ratio
79.38
Debt to equity
0.01▲
2023 · 0.00
ROE
1.0%▼
2023 · 1.1%
ROA
0.9%▼
2023 · 1.1%
Debt ≤ 1 year
€7,862▲
2023 · €3,082
Income taxes
€3,914▲
2023 · €2,143
A ratio outside any meaningful range has been withheld (balance sheet total €1.2m, equity €1.2m).
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 1,639 companies that looked in July 2024 the way this one looks now, 0.4% went bankrupt within 24 months and 95% are still going.

  • Small
  • 5 to 10 years old
  • solvency 30% or more
  • a profit under 5% of the balance sheet
0.4% went bankrupt
3.6% stopped otherwise
95% still going

A further 0.5% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 1.8% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
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% 1.7%
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 75% 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 1,639 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
Filed annual accounts As filed with the NBB · 2024 against 2023 · 37 lines
Balance sheet Code20232024
Assets
Total assets20/58€1.2m€1.2m▲
Current assets29/58€1.2m€1.2m▲
Stocks and contracts in progress3€598,200€598,200=
Stocks30/36€598,200€598,200=
Amounts receivable within one year40/41€605,624€624,064▲
Trade receivables40€197-
Other amounts receivable41€605,427€624,064▲
Cash at bank and in hand54/58€2,086€11▼
Equity and liabilities
Total equity and liabilities10/49€1.2m€1.2m▲
Equity10/15€1.2m€1.2m▲
Contributions10/11€1.2m€1.2m=
Capital10€1.2m€1.2m=
Issued capital100€1.2m€1.2m=
Reserves13€6,428€18,013▲
Non-distributable reserves130/1€6,428€18,013▲
Legal reserve130€6,428€18,013▲
Amounts payable17/49€3,082€7,862▲
Amounts payable within one year42/48€3,082€7,862▲
Trade debts44€2,689€7,862▲
Suppliers440/4€2,689€7,862▲
Taxes, remuneration and social security45€393-
Taxes450/3€393-
Income statement Code20232024
Other operating charges640/8€1,365€1,394▲
Gross operating margin9900-€5,120-€7,503▼
Operating profit (loss)9901-€6,485-€8,897▼
Financial income75/76B€22,490€25,012▲
Recurring financial income75€22,490€25,012▲
Financial charges65/66B€598€616▲
Recurring financial charges65€598€616▲
Profit (loss) for the period before taxes9903€15,406€15,499▲
Income taxes67/77€2,143€3,914▲
Profit (loss) for the period9904€13,263€11,585▼
Profit (loss) for the period to be appropriated9905€13,263€11,585▼
Appropriation of the result
Profit (loss) to be appropriated9906€6,428€11,585▲
Profit (loss) brought forward from the previous period14P-€6,835-
Transfer to equity691/2€6,428€11,585▲
To the legal reserve6920€6,428€11,585▲
Line20202021202220232024Change
Other operating charges640/8-€712€1,241€1,365€1,394▲ 2.1%
Gross operating margin9900-€10,891-€4,316-€4,890-€5,120-€7,503▼ 46.5%
Operating profit (loss)9901-€11,948-€5,028-€6,130-€6,485-€8,897▼ 37.2%
Financial income75/76B-€2,837€9,973€22,490€25,012▲ 11.2%
Recurring financial income75€3,806€2,837€9,973€22,490€25,012▲ 11.2%
Financial charges65/66B-€157€36€598€616▲ 2.9%
Recurring financial charges65€153€157€36€598€616▲ 2.9%
Profit (loss) for the period before taxes9903-€8,294-€2,348€3,807€15,406€15,499▲ 0.6%
Income taxes67/77---€2,143€3,914▲ 82.7%
Profit (loss) for the period9904-€8,294-€2,348€3,807€13,263€11,585▼ 12.7%
Profit (loss) for the period to be appropriated9905-€8,294-€2,348€3,807€13,263€11,585▼ 12.7%
Line20202021202220232024Change
Assets
Total assets20/58€1.2m€1.2m€1.2m€1.2m€1.2m▲ 1.4%
Current assets29/58€1.2m€1.2m€1.2m€1.2m€1.2m▲ 1.4%
Stocks and contracts in progress3€598,200€598,200€598,200€598,200€598,200=
Stocks30/36-€598,200€598,200€598,200€598,200=
Amounts receivable within one year40/41€586,876€584,713€589,687€605,624€624,064▲ 3.0%
Trade receivables40---€197--
Other amounts receivable41-€584,713€589,687€605,427€624,064▲ 3.1%
Cash at bank and in hand54/58€3,030€2,845€1,743€2,086€11▼ 99.5%
Equity and liabilities
Total equity and liabilities10/49€1.2m€1.2m€1.2m€1.2m€1.2m▲ 1.4%
Equity10/15€1.2m€1.2m€1.2m€1.2m€1.2m▲ 1.0%
Contributions10/11€1.2m€1.2m€1.2m€1.2m€1.2m=
Capital10-€1.2m€1.2m€1.2m€1.2m=
Issued capital100-€1.2m€1.2m€1.2m€1.2m=
Reserves13---€6,428€18,013▲ 180%
Non-distributable reserves130/1---€6,428€18,013▲ 180%
Legal reserve130---€6,428€18,013▲ 180%
Profit (loss) carried forward14-€8,294-€10,642-€6,835---
Amounts payable17/49--€66€3,082€7,862▲ 155%
Amounts payable within one year42/48--€66€3,082€7,862▲ 155%
Trade debts44--€66€2,689€7,862▲ 192%
Suppliers440/4--€66€2,689€7,862▲ 192%
Taxes, remuneration and social security45---€393--
Taxes450/3---€393--
Line20202021202220232024Change
Profit (loss) for the period9904-€8,294-€2,348€3,807€13,263€11,585▼ 12.7%
Operating cash flow (approximation)-€8,294-€2,348€3,807€13,263€11,585▼ 12.7%
Change in cash--€185-€1,101€343-€2,075▼ 706%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2026
29-07
State Gazette act Reappointment: Deloitte Bedrijfsrevisoren BV (statutory auditor)
2 facts ▸
  • General meeting, 02-06-2026
  • Auditor reappointment, Deloitte Bedrijfsrevisoren BV (statutory auditor)
2025
16-06
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
19-06
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial Highest result since 2020net €13,263 ▲248%
Net result €13,263, the highest in the series.
06-06
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial Back to profitnet €3,807
Net result €3,807 after 2 loss-making years.
16-06
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
16-06
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 6 acts read
About the unread acts

Of the 6 Belgian State Gazette acts we know for this company, 1 has been read. The other 5 have not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors

Statutory auditor 1

DELOITTE Bedrijfsrevisoren BV
Statutory auditor · since 29-07-2026 · perm. rep.: Ben Vandeweyer
Current
Derived from published Gazette acts. The CBE keeps the official list of function holders; we do not read it, so the two can differ. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Stabroek · 1 establishment unit since 2019
seat establishment The establishment unit on the map
Ground area
5.1 ha
Building footprint
9,238 m²
Parcel 11044C0025/00G000, Flanders. Linked by address, not a title deed.
43 companies at this address See who is registered here
1 establishment unit
BERAECO
Laageind 91, 2940 StabroekReal estate activities
since 20192.297.877.144
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
11044C0025/00G000 Flanders 5.1 ha 1 · 9,238 m² -
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.

Mandate history

1 person since 2026, 1 in office
Show
  • Statutory auditor
Mandates per person, with start and end dates
Name Functions and periods
DELOITTE Bedrijfsrevisoren BV
  • Statutory auditor, from 29-07-2026 to date
See the board, name and seat on a given date →

Structure & network

Owners and holdings

1 owner

Chain of control

  1. VLAECO 100%
  2. BERAECO

Highest known parent: VLAECO. The sources do not say who stands above it.

Owners 1

Holdings 0

No holding stated in the accounts, acts or LEI register we read.

According to the annual accounts 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.

Identification & contact

Identification
Legal formPublic limited company
Founded31-10-2019
Fiscal year end31-12
E-invoicing
Reachable via Peppol
Peppol ID 0208:0736989964
Also 9925:BE0736989964

Register as of 28 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.