Equity
€14,396 from €129,364 in 2014
Equity fell by 89% in 11 years.
BERCU
Lifetime
19 annual accounts with figures on one time axis, 49 filings since 1977peak €84,893 (2019)
€64,569▲ 15.8%
lowest -€74,438 (2009)
€18,324▲ €21,105
peak €129,364 (2014)
€14,396▲ €22,370
€556,200▲ 4.2%
peak 1.3 FTE (2019)
-not published
Board4 names since 2015
3 directors and 2 others
Documentsfilings and deeds
18-03-2026135 days before the deadline
2025micro format
Gross margin from €55,742 to €64,569Back to profit: €18,324Equity from -€7,974 to €14,396Cash from €793 to €24,544
Key points
from the 2025 annual accountsTurnover
≈ €140,000 estimated
The micro format states no turnover.
Debts
€556,200 97% of the balance sheet
Financial debts 3%Suppliers 0%Taxes and wages 0%Other 96%
Of this, €9,132 falls due within a year.
Liquidity
4.13 was 1.49 in 2024
Short-term debts rose from €7,181 to €9,132.
Filings
49 annual accounts since 1977
The last five annual accounts were filed 12 to 135 days before the end of the period.
Position in the sector
2.5%
Lower solvency than 89% of companies in architecture and engineering. Sector median 54.0% · 12,247 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 1,220 companies had the same profile as BERCU has now. Each dot stands for 4 companies, two years later.
95.9%
were still trading
2.5%
stopped another way
1.5%
went bankrupt
Test of the method
The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 1,220 companies, not a prediction for BERCU. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0404075373
1 director appointed, 2 reappointments
Reappointments: and · Appointment: (chair of the board) · General meeting of 03-07-2023 · Gazette deed
Reappointments: (managing director and chair of the board) and (director)
General meeting of 07-12-2020 · Gazette deed
Resignation: (director)
General meeting of 23-10-2015 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| BERCU Middelkerke | €570,596 | €64,569 | 2.5% | - |
| STUDIEBUREAU W.J. EN M.C. VAN CAMPENHOUT Grimbergen | €631,881 | €68,373 | 42.1% | 1.8 |
| EXMAPLA Uccle | €469,460 | €81,380 | 4.7% | 1 |
| ATLAS-EXPERTISE Brussels | €626,368 | €71,117 | 45.1% | - |
| Projekt-Team Roeselare | €359,263 | €61,435 | 36.2% | - |
| VANDENBERGE EXPERTISEBUREAU Bruges | €800,194 | €88,484 | 48.9% | - |
| LUNAHRA Bruges | €788,203 | €53,400 | 1.1% | 0 |
These companies have the same main activity as BERCU: engineering and related technical consultancy, excluding land surveyors (NACE 71121). They are comparable in size and age: total assets between €359,000 and €800,000, founded between 1976 and 1991.
Official details
Source: KBO- Status
- ActiveNormal situation
- Activity
- Engineering and related technical consultancy, excluding land surveyorsNACE 71121
- Joint committees
- 209White-collar workers in metal manufacturing
- 111Metal, mechanical and electrical engineering · annual accounts 2025
- Establishment unit
- 2.004.542.8108433 Middelkerke, since 20-09-1999
- Financial year end
- 31 December
- Peppol
- Reachable since 21-10-2025
Annual accounts 2025
- €570,596▲ 8.5%
- Filing
- Filed on 18-03-2026, 135 days before the end of the filing period
Insights on BERCU
BERCU files the micro format. That format states no turnover. The gross margin rose from €45,430 in 2007 to €64,569 in 2025.
The balance sheet grew most from 2008 to 2010 through fixed assets.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about BERCU
- What is the company number of BERCU?
- The company number of BERCU is 0404.075.373. The VAT number is the same number with BE in front: BE 0404.075.373.
- Where is BERCU based?
- The registered office is at Hunckevlietstraat 2, 8433 Middelkerke.Company details
- What does BERCU do?
- According to the KBO register, the main activity is engineering and related technical consultancy, excluding land surveyors (NACE 71121).
- What is the legal form of BERCU?
- BERCU is a public limited company (NV).
- When was BERCU founded?
- BERCU was founded on 01-01-1968.
- Is BERCU still active?
- Yes, BERCU is an active enterprise in the KBO register.
- How many employees does BERCU have?
- BERCU had an average of 0.3 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
- Which joint committee does BERCU fall under?
- In its 2025 annual accounts, BERCU states joint committees 209 (White-collar workers in metal manufacturing) and 111 (Metal, mechanical and electrical engineering).
- What is the turnover of BERCU?
- The turnover in financial year 2025 is ≈ €140,000. This figure is estimated from the gross margin of €64,569 and 44 comparable companies (NACE 711). It probably lies between €110,000 and €190,000.
- Is BERCU profitable?
- In financial year 2025, BERCU made a profit of €18,324.
- Where can I find the annual accounts of BERCU?
- BERCU filed 49 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of BERCU due?
- BERCU must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark See what changed in the latest annual accounts.What changed
See how customers, suppliers and banks see your own company and what to improve first.