Beratb
ActiveSummary
Beratb has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €38,511 and a net result of €25,380. Equity is growing by ~9.2% per year across the filed fiscal years. Its solvency ranks better than 91% of 28254 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100▲+100
Solvency100▲+15
Growth78▲+46
Track record100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3,000 at 30 days acceptable
Liquidity ample (current ratio 8.09 against 2.49 in 2024; short-term debt: 12.4% and cash: 33.1% of total assets), and 12.4% of the assets are financed with debt.
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Signals
Four 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 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% 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
87.6%
Return on assets
57.8%
Age of the figures
9 mo
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 dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-07-2026, 0 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
on the day
2024
29 d late
2023
on the day
2022
92 d late
2021
24 d late
2020
19 d early
2019
62 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 27 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% 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. Usually files around 24 August (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€38,511▲ 193%
2024 · €13,130
Total assets
€43,946▲ 100%
2024 · €21,963
Net result
€25,380
2024 · -€24,457
Working capital
€38,511▲ 193%
2024 · €13,130
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€5,221▲ 37.1%€19,749▲ 278%€5,624▼ 71.5%-€23,674€27,566
Net result€1,232within the sector's middle half▲ 87.1%€13,083within the sector's middle half▲ 962%€2,067within the sector's middle half▼ 84.2%-€24,457below the sector's middle half€25,380within the sector's middle half
Equity€22,437within the sector's middle half▲ 5.8%€35,520within the sector's middle half▲ 58.3%€37,587within the sector's middle half▲ 5.8%€13,130below the sector's middle half▼ 65.1%€38,511within the sector's middle half▲ 193%
Total assets€65,235below the sector's middle half▼ 0.2%€57,980below the sector's middle half▼ 11.1%€56,617below the sector's middle half▼ 2.4%€21,963below the sector's middle half▼ 61.2%€43,946below the sector's middle half▲ 100%
Debt€42,799▼ 3.0%€22,461▼ 47.5%€19,030▼ 15.3%€8,833▼ 53.6%€5,435▼ 38.5%
Working capital€11,340within the sector's middle half▲ 37.3%€25,894within the sector's middle half▲ 128%€34,225within the sector's middle half▲ 32.2%€13,130within the sector's middle half▼ 61.6%€38,511within the sector's middle half▲ 193%
Solvency34.4%within the sector's middle half▲ 1.9pp61.3%within the sector's middle half▲ 26.9pp66.4%within the sector's middle half▲ 5.1pp59.8%within the sector's middle half▼ 6.6pp87.6%above the sector's middle half▲ 27.8pp
Current ratio1.38within the sector's middle half▲ 0.022.44within the sector's middle half▲ 1.062.88within the sector's middle half▲ 0.432.49within the sector's middle half▼ 0.398.09above the sector's middle half▲ 5.60
Return on assets (ROA)1.9%within the sector's middle half▲ 0.9pp22.6%above the sector's middle half▲ 20.7pp3.7%within the sector's middle half▼ 18.9pp-111.4%below the sector's middle half▼ 115.0pp57.8%above the sector's middle half▲ 169.1pp
above
within
below
the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €27,566 after a loss of €23,674 in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €43,946
Equity
€38,511 ▲ 193%
Debt
€5,435 ▼ 38.5%
Debt's share of the balance-sheet total falls from 40.2% to 12.4%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€27,566▲
2024 · -€19,512
Cash flow
€25,380▲
2024 · -€20,294
Debt to equity
0.14▼
2024 · 0.67
ROE
65.9%▲
2024 · -186.3%
Interest coverage
60.91▲
2024 · -77.05
Debt ≤ 1 year
€5,435▼
2024 · €8,833
Income taxes
€1,734▲
2024 · €529
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 26,970 companies that looked in July 2024 the way this one looks now, 1.5% went bankrupt within 24 months and 95% are still going.
- Micro
- 5 to 10 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
1.5%
went bankrupt
3.4%
stopped otherwise
95%
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 1.0% 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 497,662 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% | 1.7% |
| 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 26,970 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 | €10,340 | €9,990 | €9,990 | €4,163 | €0 | ▼ 100% |
| Other operating charges640/8 | €2,404 | €1,545 | €1,682 | €1,549 | €2,418 | ▲ 56.1% |
| Gross operating margin9900 | €17,966 | €31,284 | €17,296 | -€17,963 | €29,985 | ▲ 267% |
| Operating profit (loss)9901 | €5,221 | €19,749 | €5,624 | -€23,674 | €27,566 | ▲ 216% |
| Financial income75/76B | - | - | €0 | €0 | - | - |
| Recurring financial income75 | - | - | €0 | €0 | - | - |
| Financial charges65/66B | €1,871 | €1,265 | €797 | €253 | €453 | ▲ 78.7% |
| Recurring financial charges65 | €1,871 | €1,265 | €797 | €253 | €453 | ▲ 78.7% |
| Profit (loss) for the period before taxes9903 | €3,350 | €18,484 | €4,827 | -€23,927 | €27,114 | ▲ 213% |
| Income taxes67/77 | €2,118 | €5,401 | €2,759 | €529 | €1,734 | ▲ 228% |
| Profit (loss) for the period9904 | €1,232 | €13,083 | €2,067 | -€24,457 | €25,380 | ▲ 204% |
| Profit (loss) for the period to be appropriated9905 | €1,232 | €13,083 | €2,067 | -€24,457 | €25,380 | ▲ 204% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €65,235 | €57,980 | €56,617 | €21,963 | €43,946 | ▲ 100% |
| Fixed assets21/28 | €24,143 | €14,153 | €4,163 | €0 | - | - |
| Tangible fixed assets22/27 | €24,143 | €14,153 | €4,163 | €0 | - | - |
| Furniture and vehicles24 | €24,143 | €14,153 | €4,163 | €0 | - | - |
| Current assets29/58 | €41,093 | €43,828 | €52,455 | €21,963 | €43,946 | ▲ 100% |
| Amounts receivable within one year40/41 | €40,398 | €33,774 | €50,678 | €13,330 | €24,906 | ▲ 86.8% |
| Trade receivables40 | €24,666 | €5,698 | €13,784 | €2,623 | €2,623 | = |
| Other amounts receivable41 | €15,732 | €28,077 | €36,894 | €10,707 | €22,283 | ▲ 108% |
| Cash at bank and in hand54/58 | €352 | €9,514 | €1,456 | €7,548 | €14,568 | ▲ 93.0% |
| Deferred charges and accrued income490/1 | €343 | €539 | €320 | €1,085 | €4,472 | ▲ 312% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €65,235 | €57,980 | €56,617 | €21,963 | €43,946 | ▲ 100% |
| Equity10/15 | €22,437 | €35,520 | €37,587 | €13,130 | €38,511 | ▲ 193% |
| Contributions10/11 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Reserves13 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Non-distributable reserves130/1 | €1,860 | €1,860 | €0 | - | - | - |
| Reserves not available under the articles1311 | €1,860 | €1,860 | €0 | - | - | - |
| Distributable reserves133 | - | - | €1,860 | €1,860 | €1,860 | = |
| Profit (loss) carried forward14 | €14,377 | €27,460 | €29,527 | €5,070 | €30,451 | ▲ 501% |
| Amounts payable17/49 | €42,799 | €22,461 | €19,030 | €8,833 | €5,435 | ▼ 38.5% |
| Amounts payable after more than one year17 | €13,046 | €3,967 | €0 | - | - | - |
| Financial debts170/4 | €13,046 | €3,967 | €0 | - | - | - |
| Amounts payable within one year42/48 | €29,752 | €17,934 | €18,230 | €8,833 | €5,435 | ▼ 38.5% |
| Current portion of amounts payable after more than one year42 | €8,489 | €9,079 | €3,967 | €0 | - | - |
| Trade debts44 | €6,963 | €621 | €2,478 | €5,544 | €3,657 | ▼ 34.0% |
| Suppliers440/4 | €6,963 | €621 | €2,478 | €5,544 | €3,657 | ▼ 34.0% |
| Taxes, remuneration and social security45 | €14,300 | €8,233 | €11,786 | €3,289 | €1,777 | ▼ 46.0% |
| Taxes450/3 | €2,950 | €7,519 | €8,160 | €3,289 | €1,777 | ▼ 46.0% |
| Remuneration and social security454/9 | €11,350 | €714 | €3,626 | €0 | - | - |
| Accrued charges and deferred income492/3 | - | €560 | €800 | €0 | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €1,232 | €13,083 | €2,067 | -€24,457 | €25,380 | ▲ 204% |
| + Depreciation and write-downs630 | €10,340 | €9,990 | €9,990 | €4,163 | €0 | ▼ 100% |
| Operating cash flow (approximation) | €11,572 | €23,073 | €12,057 | -€20,294 | €25,380 | ▲ 225% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | - | - |
| Change in cash | - | €9,162 | -€8,058 | €6,092 | €7,019 | ▲ 15.2% |
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
31-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Back to profitnet €25,380
Net result €25,380 after one loss-making year.
31-12
Financial
Liquidity triplescurrent ratio 8.09
Current ratio from 2.49 to 8.09; short-term debt falls from €8,833 to €5,435.
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
31-12
Financial
Weakest financial yearnet -€24,457
Net result drops to -€24,457, the lowest in the series; recovery starts the following year.
31-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 92 days late
2022
24-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 24 days late
2021
12-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
01-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 62 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 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
3 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, Lokeren · 1 establishment unit since 2018
Ground area
403 m²
Building footprint
110 m²
Volume, LiDAR
771 m³
Parcel 46382B0758/00W000, Flanders · tallest building 10.6 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Beratb
since 20182.277.501.008
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46382B0758/00W000 | Flanders | 403 m² | 1 · 110 m² | 10.6 m · 3 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.
Recognitions · licences · registrations
Recognised contractor
2 categoriesBeratb BV43320
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Of 8,465 companies in sector 43120 we hold annual accounts for 3,233. 2,379 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
Founded05-07-2018
Fiscal year end31-12
Activities, NACEBEL 2025
43120Site preparation
42220Construction of utility projects for electricity and telecommunications
E-invoicing
Reachable via Peppol
Peppol ID
0208:0699636551
Also
9925:BE0699636551
Registered
05-01-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.