BERCOTEX
ActiveSummary
BERCOTEX has been active since 1991 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.6m and a net result of €304,303. Equity is growing by about 33% per year across the filed financial years. The computed 12-month bankruptcy probability is below 0.1% (very low).
Overview
- Equity
- €1.6m
- Profit
- €304,303
- Parent
- MIMOTEX · 100%
Why 98lowers riskEquity €1.6m (99.0% of total assets)Liquidity: current ratio 113.29, cash €252,197Founded in 1991Size: total assets €1.6mShow the evidence
Checked score
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 68, micro): better than 91% on solvency, 80% on liquidity, 87% on profitability and 77% on growth.
The bankruptcy probability was computed on 19-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
This company filed its last 7 accounts on average 72 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Searched, nothing found (2)
- RestructuringIncorporation · Amendment of the…
- Annual accounts filedfinancial year 2025 · abbreviated…
- Annual accounts filedfinancial year 2024 · abbreviated…
Financials · financial year 2025, abbreviated format
2021 to 2025, 5 financial years 2019 to 2025, 7 financial years
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 0% above 2024.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Use the arrow keys on the chart for the figures per year.
Peer companies
Historical observationOf the 20,139 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 95.0% are still going.
- Small
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
For this company itself Checked computes a bankruptcy probability of < 0.1% 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 497,472 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% 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 20,139 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.
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €12,606 | €12,668 | €13,005 | €13,005 | €13,005 | €12,089 | €12,089 | = |
| Other operating charges640/8 | - | - | - | €8,375 | €8,861 | €9,706 | €10,093 | ▲ 4.0% |
| Gross operating margin9900 | €58,867 | €465,049 | €371,017 | €430,024 | €298,053 | €421,701 | €422,979 | ▲ 0.3% |
| Operating profit (loss)9901 | €37,862 | €444,986 | €349,598 | €408,644 | €276,187 | €399,906 | €400,797 | ▲ 0.2% |
| Financial income75/76B | - | - | - | - | €1 | €6,082 | €7,039 | ▲ 15.7% |
| Recurring financial income75 | - | €199 | €0 | - | €1 | €6,082 | €7,039 | ▲ 15.7% |
| Financial charges65/66B | - | - | - | €120 | €873 | €36 | €115 | ▲ 216% |
| Recurring financial charges65 | €228 | €205 | €765 | €120 | €873 | €36 | €115 | ▲ 216% |
| Profit (loss) for the period before taxes9903 | €37,634 | €444,980 | €348,832 | €408,524 | €275,315 | €405,951 | €407,721 | ▲ 0.4% |
| Transfer from deferred taxes780 | - | - | - | €375 | €375 | €375 | €375 | = |
| Income taxes67/77 | €294 | €121,701 | €87,583 | €97,575 | €64,833 | €102,265 | €103,794 | ▲ 1.5% |
| Profit (loss) for the period9904 | €41,915 | €323,654 | €262,754 | €311,324 | €210,858 | €304,062 | €304,303 | ▲ 0.1% |
| Transfer from tax-exempt reserves789 | - | - | - | €1,501 | €1,501 | €1,501 | €1,501 | = |
| Profit (loss) for the period to be appropriated9905 | €36,665 | €325,155 | €295,833 | €312,825 | €212,359 | €305,563 | €305,804 | ▲ 0.1% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €0.5m | €0.5m | €0.6m | €0.8m | €1.0m | €1.3m | €1.6m | ▲ 22.9% |
| Fixed assets21/28 | €0.4m | €0.4m | €0.4m | €0.4m | €0.3m | €0.3m | €0.3m | ▼ 3.6% |
| Tangible fixed assets22/27 | €0.4m | €0.4m | €0.4m | €0.4m | €0.3m | €0.3m | €0.3m | ▼ 3.6% |
| Land and buildings22 | - | - | - | €0.4m | €0.3m | €0.3m | €0.3m | ▼ 3.6% |
| Current assets29/58 | €0.07m | €0.1m | €0.2m | €0.4m | €0.7m | €1.0m | €1.3m | ▲ 32.0% |
| Stocks and contracts in progress3 | - | €0.006m | €0.01m | €0.02m | €0.02m | €0.01m | €0 | ▼ 100% |
| Stocks30/36 | - | - | - | €0.02m | €0.02m | €0.01m | €0 | ▼ 100% |
| Amounts receivable within one year40/41 | €0.001m | €0.001m | €0 | - | €0.001m | €0.6m | €1.0m | ▲ 88.4% |
| Trade receivables40 | - | - | - | - | €0.001m | €0.002m | €0.4m | ▲ 20,313% |
| Other amounts receivable41 | - | - | - | - | - | €0.6m | €0.6m | ▲ 14.6% |
| Cash at bank and in hand54/58 | €0.06m | €0.1m | €0.2m | €0.4m | €0.7m | €0.4m | €0.3m | ▼ 39.7% |
| Deferred charges and accrued income490/1 | - | - | - | €0.001m | €0.001m | €0.004m | €0.005m | ▲ 35.6% |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €0.5m | €0.5m | €0.6m | €0.8m | €1.0m | €1.3m | €1.6m | ▲ 22.9% |
| Equity10/15 | €0.5m | €0.2m | €0.5m | €0.8m | €1.0m | €1.3m | €1.6m | ▲ 23.3% |
| Contributions10/11 | €0.6m | €0 | - | €0.02m | €0.02m | €0.02m | €0.02m | = |
| Reserves13 | €0.06m | €0.2m | €0.5m | €0.8m | €1.0m | €1.3m | €1.6m | ▲ 23.6% |
| Tax-exempt reserves132 | - | - | - | €0.02m | €0.02m | €0.02m | €0.01m | ▼ 10.0% |
| Distributable reserves133 | - | - | - | €0.8m | €1.0m | €1.3m | €1.6m | ▲ 24.0% |
| Profit (loss) carried forward14 | -€0.2m | €0 | - | - | - | - | - | - |
| Provisions and deferred taxes16 | €0.006m | €0.006m | €0.005m | €0.005m | €0.004m | €0.004m | €0.003m | ▼ 10.0% |
| Deferred taxes168 | - | - | - | €0.005m | €0.004m | €0.004m | €0.003m | ▼ 10.0% |
| Amounts payable17/49 | €0.01m | €0.3m | €0.07m | €0.008m | €0.01m | €0.01m | €0.01m | ▼ 4.6% |
| Amounts payable within one year42/48 | €0.01m | €0.3m | €0.07m | €0.008m | €0.01m | €0.01m | €0.01m | ▼ 5.3% |
| Trade debts44 | €0.007m | €56 | €0.006m | €61 | €0 | - | €302 | - |
| Suppliers440/4 | - | - | - | €61 | €0 | - | €302 | - |
| Taxes, remuneration and social security45 | - | - | - | €0.007m | €0.01m | €0.01m | €0.01m | ▼ 7.8% |
| Taxes450/3 | - | - | - | €0.007m | €0.01m | €0.01m | €0.01m | ▼ 7.8% |
| Other amounts payable47/48 | - | - | - | €463 | €0 | - | - | - |
| Accrued charges and deferred income492/3 | - | - | - | €388 | €0.001m | €0.001m | €0.001m | ▲ 3.1% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €41,915 | €323,654 | €262,754 | €311,324 | €210,858 | €304,062 | €304,303 | ▲ 0.1% |
| + Depreciation and write-downs630 | €12,606 | €12,668 | €13,005 | €13,005 | €13,005 | €12,089 | €12,089 | = |
| Operating cash flow (approximation) | €54,521 | €336,322 | €275,759 | €324,328 | €223,862 | €316,150 | €316,391 | ▲ 0.1% |
| Investment in fixed assets (approximation) | - | -€3,985 | €0 | €0 | €0 | €0 | €0 | - |
| Change in cash | - | €49,521 | €55,166 | €255,698 | €225,045 | -€232,393 | -€165,724 | ▲ 28.7% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 34 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 30-06-2025 | abbreviated format | 16-12-2025 | 2025-00583722 |
| 30-06-2024 | abbreviated format | 06-12-2024 | 2024-00612528 |
| 30-06-2023 | abbreviated format | 07-09-2023 | 2023-00442343 |
| 30-06-2022 | abbreviated format | 05-12-2022 | 2022-20531314 |
| 30-06-2021 | abbreviated format | 07-12-2021 | 2021-79600336 |
| 30-06-2020 | abbreviated format | 07-12-2020 | 2020-74800461 |
| 30-06-2019 | abbreviated format | 04-11-2019 | 2019-73000214 |
| 30-06-2018 | micro format | 21-12-2018 | 2018-75500193 |
| 30-06-2017 | micro format | 20-12-2017 | 2017-72700347 |
| 30-06-2016 | abbreviated format | 21-12-2016 | 2016-71000148 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Owners and capital
Owners
1 ownerChain of control
- MIMOTEX
- BERCOTEX
Highest known parent: MIMOTEX. The sources do not say who stands above it.
Owners 1
- MIMOTEXparentSourceaccounts MIMOTEX 2025100%
Sources: the companies' annual accounts, the acts in the Belgian Official Gazette and the LEI register. Annual accounts state the shareholders that notified the company under article 7:225 of the Code of Companies and Associations and the parent companies that consolidate it. 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 include these statements in its annual accounts, or does not have to, is not listed.
Capital and shareholders
- 07-08-2026 Capital stated in the deed · €18,550 · 10,432 shares
Group and network
Connections & network
The network starts from this company’s shareholders. What else they own or run appears here as nodes.
Acquisitions and mergers
1 transactionHistory
Acts, filings and financial milestones
07-08
Gazette deed
RestructuringIncorporation · Amendment of the articles · Capital31 facts ▸
- Board meeting, 15-07-2026
- Incorporation, 19-12-1991
- Amendment of the articles (8 times)
- Capital, €18,550
- Director in office, DE KEMEL ISABELLE (director)
- Incorporation, 04-11-1986
- Capital, €1,595,113.27
- Director in office, MATTHYS FRANCOIS (director)
- Other provision, “kennis van wettelijke bepalingen, 12:7 WVV” (deed in Dutch)
- Other provision, “kennis van wettelijke bepalingen, 12:13 WWV” (deed in Dutch)
- Other provision, “kennis van wettelijke bepalingen, 12:50 WWV” (deed in Dutch)
- Merger, “fusie door overneming gelijkgestelde verrichting, hele vermogen” (deed in Dutch)
- +19 further facts in this act
Show earlier events
About the unread acts
Of the 8 Belgian Official Gazette deeds we know for this company, 1 has been read. The other 7 have not been read yet: what they contain is neither established nor disproved here.
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 18 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 34038B0021/00Z000 | Flanders | 616 m² | 1 · 167 m² | 4.8 m · 1 |
How the parcels are linked
Articles of association
- PurposeThe activities the company may carry out under its articles.
- “A) Het patrimonium van de vennootschap te beheren in de ruimste zin van het woord, en oordeelkundig uit te breiden, alle beschikbare…” (deed in Dutch)
12 activities (deed in Dutch)
- A) Het patrimonium van de vennootschap te beheren in de ruimste zin van het woord, en oordeelkundig uit te breiden, alle beschikbare middelen te beleggen of weder te beleggen zowel in roerende als in onroerende goederen.
- Binnen dit kader: Overgaan tot het aankopen, onderschrijven, beheren, verkopen, omruilen voor eigen rekening van aandelen of effecten of allerlei van vennootschappen en/of verenigingen eender welke, alsmede van andere (on)roerende goederen, tegoed of vorderingen;
- Binnen dit kader: Overgaan tot het aankopen, verkopen, bouwen, verhuren, onderverhuren of in huur nemen van onroerende goederen.
- B) Overgaan tot alle financiële verrichtingen met uitzondering van deze voorbehouden aan banken.
- C) Het verlenen van alle dienstprestaties van economische aard, zowel voor eigen rekening als voor rekening van derden. Advies op het gebied van bedrijfsbeheer en bedrijfsvoering.
- D) Het besturen van vennootschappen, welk doel deze vennootschappen ook mogen hebben.
- E) Het aan- en verkopen van nieuwe en tweedehands voertuigen en/of andere voertuigen, alsmede van alle onderdelen die ermee betrekking hebben, alsook het verhuren van autovoertuigen.
- F) De groot- en kleinhandel in verbruiksgoederen in het algemeen.
- G) De groot- en kleinhandel van producten geheel of ten dele samengesteld uit metaal.
- H) De aankoop, verkoop, invoer en uitvoer, het bereiden en vervaardigen op eender welke wijze, het ombouwen, het verven, het verwerken. het herstellen. het afwerken. het vervoer en het plaatsen zowel voor eigen rekening als voor rekening van derden: Van alle goederen behorend tot de textiel- en kledingsnijverheid, hetzij van alle daartoe behorende grondstoffen en producten in de ruimste zin van het woord; Van machines en onderdelen: Van tweedehandsartikelen: Van meubelen in de ruimste zin van het woord.
- I) Handelsbemiddeling in goederen en diensten.
- J) Webportalen: marketing en publiciteit.
Read from the deeds: 1 provision, deed of 07-08-2026