Bercastel
ActiveSummary
The computed 12-month bankruptcy probability of Bercastel is 2.5% (moderate). The 2025 annual accounts show negative equity (-€107) and a net result of €712. Equity is shrinking by about 6.4% per year across the filed financial years. Its solvency ranks better than 20% of 604 sector peers (NACE 53, financial year 2025). The company has been active since 2017 and the Belgian Official Gazette contains no insolvency or warning signals.
Financials · financial year 2025, micro format
Equity
-€107▲ 99.2%
2024 · -€13,219
Total assets
€12,863▼ 34.5%
2024 · €19,641
Net result
€712▼ 67.2%
2024 · €2,172
Working capital
-€10,431▲ 52.8%
2024 · -€22,102
Trend over the years
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result falls in 2025; 2025 is 54% below 2024.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result€1,321
2025
Net result€712
2025
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€12,863
2025
Equity-€107
2025
Debt€12,970
2025
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital-€10,431
2025
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
Return on assets (ROA)5.5%
2025
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Solvency-0.8%
2025
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Current ratio0.05
2025
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 53, Postal and courier activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. 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 financial year before
favourable
unfavourable
Line20182019202020212022202320242025
Operating result-€4,579--€6,321▼ 38.0%-€8,248▼ 30.5%€10,451€2,235▼ 78.6%-€4,473€2,897€1,321▼ 54.4%
Net result-€5,716--€8,562▼ 49.8%-€10,617below the sector's middle half▼ 24.0%€7,582within the sector's middle half€1,071within the sector's middle half▼ 85.9%-€5,348below the sector's middle half€2,172within the sector's middle half€712within the sector's middle half▼ 67.2%
Equity€484--€8,078-€18,695below the sector's middle half▼ 131%-€11,113below the sector's middle half▲ 40.6%-€10,043below the sector's middle half▲ 9.6%-€15,391below the sector's middle half▼ 53.3%-€13,219below the sector's middle half▲ 14.1%-€107below the sector's middle half▲ 99.2%
Total assets€32,151-€22,961▼ 28.6%€23,551below the sector's middle half▲ 2.6%€20,135below the sector's middle half▼ 14.5%€16,894below the sector's middle half▼ 16.1%€12,470below the sector's middle half▼ 26.2%€19,641below the sector's middle half▲ 57.5%€12,863below the sector's middle half▼ 34.5%
Debt€31,667-€31,039▼ 2.0%€42,246▲ 36.1%€31,248▼ 26.0%€26,937▼ 13.8%€27,861▲ 3.4%€32,860▲ 17.9%€12,970▼ 60.5%
Working capital-€1,864--€7,958▼ 327%-€24,229below the sector's middle half▼ 204%-€15,635below the sector's middle half▲ 35.5%-€15,747below the sector's middle half▼ 0.7%-€22,092below the sector's middle half▼ 40.3%-€22,102below the sector's middle half=-€10,431below the sector's middle half▲ 52.8%
Solvency1.5%--35.2%▼ 36.7pp-79.4%below the sector's middle half▼ 44.2pp-55.2%below the sector's middle half▲ 24.2pp-59.4%below the sector's middle half▼ 4.3pp-123.4%below the sector's middle half▼ 64.0pp-67.3%below the sector's middle half▲ 56.1pp-0.8%below the sector's middle half▲ 66.5pp
Current ratio0.75-0.39▼ 0.360.06below the sector's middle half▼ 0.340.13below the sector's middle half▲ 0.070.13below the sector's middle half=0.07below the sector's middle half▼ 0.060.20below the sector's middle half▲ 0.130.05below the sector's middle half▼ 0.15
Return on assets (ROA)-17.8%--37.3%▼ 19.5pp-45.1%below the sector's middle half▼ 7.8pp37.7%above the sector's middle half▲ 82.7pp6.3%within the sector's middle half▼ 31.3pp-42.9%below the sector's middle half▼ 49.2pp11.1%within the sector's middle half▲ 53.9pp5.5%within the sector's middle half▼ 5.5pp
above
within
below
the middle half of NACE 53, Postal and courier activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the micro format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €12,863
Fixed assets
€12,311 ▼ 12.8%
Current assets
€551 ▼ 90.0%
Equity and liabilities
Equity-€107
Debt€12,970
Equity is negative: debt (€12,970) exceeds the balance-sheet total (€12,863).
Key figures and ratios
EBITDA
€3,124▼
2024 · €3,572
Cash flow
€2,515▼
2024 · €2,847
Interest coverage
5.12▲
2024 · 4.92
Debt ≤ 1 year
€10,982▼
2024 · €27,629
Debt > 1 year
€1,988▼
2024 · €5,231
Equity ratios withheld: equity of -€107 is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €11,299 | - | - | €1,332 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €11,091 | €9,872 | €11,590 | €2,669 | €3,677 | €3,772 | €675 | €1,803 | ▲ 167% |
| Other operating charges640/8 | - | - | - | €1,821 | €649 | €625 | €640 | €520 | ▼ 18.8% |
| Non-recurring operating charges66A | - | - | - | €2,656 | - | - | - | - | - |
| Gross operating margin9900 | €8,384 | €4,827 | €5,281 | €17,596 | €6,561 | -€76 | €4,213 | €3,643 | ▼ 13.5% |
| Operating profit (loss)9901 | -€4,579 | -€6,321 | -€8,248 | €10,451 | €2,235 | -€4,473 | €2,897 | €1,321 | ▼ 54.4% |
| Financial income75/76B | - | - | - | - | - | - | €1 | €1 | ▲ 60.9% |
| Recurring financial income75 | - | €11 | €79 | - | - | - | €1 | €1 | ▲ 60.9% |
| Financial charges65/66B | - | - | - | €2,353 | €1,164 | €875 | €726 | €610 | ▼ 16.0% |
| Recurring financial charges65 | €1,137 | €1,667 | €1,890 | €2,353 | €1,164 | €875 | €726 | €610 | ▼ 16.0% |
| Profit (loss) for the period before taxes9903 | -€5,716 | -€7,978 | -€10,059 | €8,097 | €1,071 | -€5,348 | €2,172 | €712 | ▼ 67.2% |
| Income taxes67/77 | - | €584 | €558 | €515 | - | - | - | - | - |
| Profit (loss) for the period9904 | -€5,716 | -€8,562 | -€10,617 | €7,582 | €1,071 | -€5,348 | €2,172 | €712 | ▼ 67.2% |
| Profit (loss) for the period to be appropriated9905 | -€5,716 | -€8,562 | -€10,617 | €7,582 | €1,071 | -€5,348 | €2,172 | €712 | ▼ 67.2% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €32,151 | €22,961 | €23,551 | €20,135 | €16,894 | €12,470 | €19,641 | €12,863 | ▼ 34.5% |
| Fixed assets21/28 | €26,559 | €17,784 | €22,110 | €17,850 | €14,586 | €10,813 | €14,114 | €12,311 | ▼ 12.8% |
| Tangible fixed assets22/27 | €26,309 | €17,534 | €12,860 | €8,600 | €5,336 | €1,563 | €4,864 | €3,061 | ▼ 37.1% |
| Furniture and vehicles24 | - | - | - | €8,600 | €5,336 | €1,563 | €4,864 | €3,061 | ▼ 37.1% |
| Financial fixed assets28 | €250 | €250 | €9,250 | €9,250 | €9,250 | €9,250 | €9,250 | €9,250 | = |
| Current assets29/58 | €5,591 | €5,178 | €1,440 | €2,285 | €2,308 | €1,657 | €5,527 | €551 | ▼ 90.0% |
| Amounts receivable within one year40/41 | €2,282 | €2,729 | €438 | €264 | €189 | €269 | €4,058 | €398 | ▼ 90.2% |
| Trade receivables40 | - | - | - | €264 | €189 | €214 | €3,809 | €303 | ▼ 92.1% |
| Other amounts receivable41 | - | - | - | - | - | €55 | €249 | €96 | ▼ 61.5% |
| Cash at bank and in hand54/58 | €2,363 | €1,472 | €393 | €1,851 | €1,928 | €994 | €951 | €10 | ▼ 98.9% |
| Deferred charges and accrued income490/1 | - | - | - | €169 | €192 | €393 | €518 | €143 | ▼ 72.4% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €32,151 | €22,961 | €23,551 | €20,135 | €16,894 | €12,470 | €19,641 | €12,863 | ▼ 34.5% |
| Equity10/15 | €484 | -€8,078 | -€18,695 | -€11,113 | -€10,043 | -€15,391 | -€13,219 | -€107 | ▲ 99.2% |
| Contributions10/11 | €6,200 | €6,200 | - | €6,200 | €6,200 | €6,200 | €6,200 | €18,600 | ▲ 200% |
| Profit (loss) carried forward14 | -€5,716 | -€14,278 | -€24,895 | -€17,313 | -€16,243 | -€21,591 | -€19,419 | -€18,707 | ▲ 3.7% |
| Amounts payable17/49 | €31,667 | €31,039 | €42,246 | €31,248 | €26,937 | €27,861 | €32,860 | €12,970 | ▼ 60.5% |
| Amounts payable after more than one year17 | €24,211 | €17,904 | €16,577 | €13,329 | €8,881 | €4,113 | €5,231 | €1,988 | ▼ 62.0% |
| Financial debts170/4 | - | - | - | €13,329 | €8,881 | €4,113 | €5,231 | €1,988 | ▼ 62.0% |
| Amounts payable within one year42/48 | €7,456 | €13,136 | €25,669 | €17,920 | €18,055 | €23,748 | €27,629 | €10,982 | ▼ 60.3% |
| Current portion of amounts payable after more than one year42 | - | - | - | €4,147 | €4,447 | €4,769 | €5,153 | €3,449 | ▼ 33.1% |
| Trade debts44 | €921 | €297 | €1,405 | €190 | €274 | €441 | €1,248 | €1,077 | ▼ 13.7% |
| Suppliers440/4 | - | - | - | €190 | €274 | €441 | €1,248 | €1,077 | ▼ 13.7% |
| Taxes, remuneration and social security45 | - | - | - | €788 | €551 | €314 | - | - | - |
| Taxes450/3 | - | - | - | €788 | €551 | €314 | - | - | - |
| Other amounts payable47/48 | - | - | - | €12,795 | €12,784 | €18,225 | €21,227 | €6,456 | ▼ 69.6% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€5,716 | -€8,562 | -€10,617 | €7,582 | €1,071 | -€5,348 | €2,172 | €712 | ▼ 67.2% |
| + Depreciation and write-downs630 | €11,091 | €9,872 | €11,590 | €2,669 | €3,677 | €3,772 | €675 | €1,803 | ▲ 167% |
| Operating cash flow (approximation) | €5,374 | €1,310 | €973 | €10,251 | €4,748 | -€1,576 | €2,847 | €2,515 | ▼ 11.7% |
| Investment in fixed assets (approximation) | - | -€1,096 | -€15,917 | €1,591 | -€412 | €0 | -€3,976 | €0 | - |
| Change in cash | - | -€891 | -€1,078 | €1,458 | €77 | -€933 | -€44 | -€941 | ▼ 2,049% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (8)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | micro format | 31-07-2026 | 2026-00365776 |
| 31-12-2024 | micro format | 28-08-2025 | 2025-00418803 |
| 31-12-2023 | micro format | 30-08-2024 | 2024-00403941 |
| 31-12-2022 | micro format | 31-07-2023 | 2023-00295459 |
| 31-12-2021 | micro format | 29-07-2022 | 2022-20245427 |
| 31-12-2020 | micro format | 29-07-2021 | 2021-41800009 |
| 31-12-2019 | micro format | 30-06-2020 | 2020-22400261 |
| 31-12-2018 | micro format | 30-07-2019 | 2019-39800503 |
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This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of the 4,936 active companies whose main activity is other postal and courier activities (NACE 53200), figures are known for 1,313. See the whole sector
Subsidies and aid
Flemish government
2022 to 2025 · 2 entries · €868 awarded · €868 paid| Year | Entries | Awarded | Paid |
|---|---|---|---|
| 2025 | 1 | €359 | €359 |
| 2022 | 1 | €509 | €509 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.