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BERBO Projects

Active
Private limited companyfounded 20251 yr activeMezenstraat 46, 2460 Kasterlee, BelgiumKBO/BCE: BE 1021.957.554
Summary

The computed 12-month bankruptcy probability of BERBO Projects is 2.2% (moderate). The 2025 annual accounts show equity of €6,311 and a net result of -€13,689. The company has been active since 2025 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2025
Axes
Profitability20
Solvency28
Growth-
Track record67
Bankruptcy probability, 12 months
2.2% Moderate
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Liquidity ample (current ratio 2.24; short-term debt: 44.6% and cash: 9.2% of total assets), but 96.8% of the assets are financed with debt.
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Signals

Four signals. The signal on the left, the evidence on the right.
+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 · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 1 year 0 10 y
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
3.2%
Return on assets
-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 10-09-2026, 41 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 · 1 filing
Deviation from the deadline
2025
41 d late
← before the deadline after the deadline →
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

BERBO Projects was incorporated on 4 April 2025 as a Private limited company.1 The company has filed annual accounts once, for fiscal year 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2025

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Financials · fiscal year 2025, micro schema

Equity
€6,311
Total assets
€196,161
Net result
-€13,689
Working capital
€108,661

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition
Equity and liabilities €196,161
Equity €6,311
Debt €189,850
Debt finances 96.8% of the balance-sheet total.
Key figures and ratios
2025 value
Current ratio
2.24
Quick ratio
0.21
Debt to equity
30.08
ROE
-216.9%
ROA
-7.0%
Debt ≤ 1 year
€87,500
Debt > 1 year
€100,000

Peer companies

Historical observation

Of the 280 companies that looked in July 2024 the way this one looks now, 1.1% went bankrupt within 24 months and 96% are still going.

  • Micro
  • under 2 years old
  • solvency under 10%
  • a small loss
1.1% went bankrupt
3.2% stopped otherwise
96% still going

For this company itself Checked computes a higher bankruptcy probability: 2.2% 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 280 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 · 2025 · 23 lines
Balance sheet Code2025
Assets
Total assets20/58€196,161
Current assets29/58€196,161
Stocks and contracts in progress3€178,080
Stocks30/36€178,080
Cash at bank and in hand54/58€18,081
Equity and liabilities
Total equity and liabilities10/49€196,161
Equity10/15€6,311
Contributions10/11€20,000
Profit (loss) carried forward14-€13,689
Amounts payable17/49€189,850
Amounts payable after more than one year17€100,000
Financial debts170/4€100,000
Amounts payable within one year42/48€87,500
Other amounts payable47/48€87,500
Accrued charges and deferred income492/3€2,350
Income statement Code2025
Gross operating margin9900-€6,772
Operating profit (loss)9901-€6,772
Financial charges65/66B€6,917
Recurring financial charges65€6,917
Profit (loss) for the period before taxes9903-€13,689
Profit (loss) for the period9904-€13,689
Profit (loss) for the period to be appropriated9905-€13,689
Appropriation of the result
Profit (loss) to be appropriated9906-€13,689

The notes to these accounts (2 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Gross operating margin9900-€6,772
Operating profit (loss)9901-€6,772
Financial charges65/66B€6,917
Recurring financial charges65€6,917
Profit (loss) for the period before taxes9903-€13,689
Profit (loss) for the period9904-€13,689
Profit (loss) for the period to be appropriated9905-€13,689
Line2025
Assets
Total assets20/58€196,161
Current assets29/58€196,161
Stocks and contracts in progress3€178,080
Stocks30/36€178,080
Cash at bank and in hand54/58€18,081
Equity and liabilities
Total equity and liabilities10/49€196,161
Equity10/15€6,311
Contributions10/11€20,000
Profit (loss) carried forward14-€13,689
Amounts payable17/49€189,850
Amounts payable after more than one year17€100,000
Financial debts170/4€100,000
Amounts payable within one year42/48€87,500
Other amounts payable47/48€87,500
Accrued charges and deferred income492/3€2,350
Line2025
Profit (loss) for the period9904-€13,689
Operating cash flow (approximation)-€13,689

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
10-09
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 41 days late
NBB filing
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
1 act for this company is 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, Kasterlee · 1 establishment unit since 2025
seat establishment The establishment unit on the map
Ground area
1,883 m²
Building footprint
209 m²
Volume, LiDAR
1,766 m³
Parcel 13018D0223/00D036, Flanders · tallest building 15.4 m, ±3 floors. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
Berbo Projects
Mezenstraat 46, 2460 KasterleeBuying and selling of own real estate
since 20252.372.343.351
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
13018D0223/00D036 Flanders 1,883 m² 1 · 209 m² 15.4 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.

Identification & contact

Identification
Legal formPrivate limited company
Founded04-04-2025
Fiscal year end31-12
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

What can you do?

Try sending from your invoicing software; if that fails, ask the customer whether they already receive via Peppol.

If the customer is not ready yet, you may send the invoice another way, for example as a PDF; if electronically, with their agreement on a secure alternative. That invoice is valid; the customer risks a penalty. FPS Finance

Register as of 28 September 2026 · Peppol Directory

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