Equity
€35,091 from €87,523 in 2023
Equity fell by 60% in 3 years.
BERFICO
Lifetime
10 annual accounts with figures on one time axispeak €79,920 (2023)
€3,083▲ €18,653
lowest -€33,843 (2025)
-€7,052▲ €26,791
peak €87,523 (2023)
€35,091▼ 16.7%
€194,843▼ 78.4%
peak 0 FTE (2026)
0 FTE
Board2 names since 2016
2 directors and 1 other
Documentsfilings and deeds
30-10-20261 day before the deadline
2026abbreviated format
Gross margin from -€15,570 to €3,083Loss of €7,052Equity from €42,142 to €35,091Debts from €903,102 to €194,843Cash from €16,568 to €2,431
Key points
from the 2026 annual accountsLosses
-€52,432 in three years
Every financial year from 2024 to 2026 closed with a loss. 2025 was the heaviest.
Turnover
≈ €12,000 estimated
The accounts state no turnover.
Debts
€194,843 85% of the balance sheet
Financial debts 23%Suppliers 3%Taxes and wages 4%Other 71%
Of this, €150,315 falls due within a year.
Filings
10 annual accounts 1 late
The 2022 accounts came 7 days late. The other nine were filed on time.
Position in the sector
€35,091
Less equity than 86% of companies in head offices and management consultancy. Sector median €474,526 · 584 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 2,166 companies had the same profile as BERFICO has now. Each dot stands for 6 companies, two years later.
94.2%
were still trading
3.0%
stopped another way
2.5%
went bankrupt
Another 0.3% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,331 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 2,166 companies, not a prediction for BERFICO. 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
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Board and ownership
Manager
Director
- founderdeed of 26-01-2016
- founderdeed of 26-01-2016
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0646895176
Registered office moved within Waregem
New registered office: Churchilllaan 1 bus 204 te 8790 Waregem · Previous registered office: Stormestraat 31 bus 31 te 8790 Waregem · Permanent representative: · General meeting of 24-02-2025 · Gazette deed
Registered office moved within Waregem
New registered office: Stormestraat 31 bus 31, 8790 Waregem · Previous registered office: Roger Vansteenbruggestraat 49, 8790 Waregem · Resignation: (manager and director) · General meeting of 24-09-2020 · Gazette deed
Registered office moved from Harelbeke to Waregem
New registered office: Roger Vansteenbruggestraat 49, 8790 Waregem · Previous registered office: Ruddershove 30, 8530 Harelbeke · General meeting of 17-07-2018 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| BERFICO Waregem | €229,933 | €3,083 | 15.3% | 0 |
| Taste Up Dilbeek | €213,683 | €2,188 | 32.8% | 0 |
| HET HR HUIS Forest | €318,511 | €3,903 | 99.5% | 0 |
| Celesta Beveren-Kruibeke-Zwijndrecht | €116,830 | €2,544 | -265.2% | 0 |
| MEDEKERS Tienen | €111,463 | €3,619 | 4.3% | 0 |
| JAZE Tournai | €304,990 | €4,940 | -10.1% | 0 |
| MFMB Leuven | €376,731 | €2,265 | 9.9% | 0 |
These companies have the same main activity as BERFICO: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €111,000 and €377,000, founded between 2008 and 2020.
Official details
Source: KBO- Status
- Active since 22-01-2016Normal situation
- Activity
- Business and other management consultancyNACE 70200and 6 others
- Establishment unit
- 2.249.620.7338790 Waregem, since 22-01-2016
- Financial year end
- 31 March
- Peppol
- Reachable since 17-02-2026
Annual accounts to 31-03-2026
- €229,933▼ 75.7%
- Filing
- Filed on 30-10-2026, 1 day before the end of the filing period
Insights on BERFICO
BERFICO files the abbreviated format. That format states no turnover. The gross margin fell from €30,837 in 2017 to €3,083 in 2026.
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 BERFICO
- What is the company number of BERFICO?
- The company number of BERFICO is 0646.895.176. The VAT number is the same number with BE in front: BE 0646.895.176.
- Where is BERFICO based?
- The registered office is at Churchilllaan 1, 8790 Waregem.Company details
- What does BERFICO do?
- According to the KBO register, the main activity is business and other management consultancy (NACE 70200).
- What is the legal form of BERFICO?
- BERFICO is a private limited company (BV).
- When was BERFICO founded?
- BERFICO was founded on 22-01-2016.
- Is BERFICO still active?
- Yes, BERFICO is an active enterprise in the KBO register.
- What is the turnover of BERFICO?
- The turnover in financial year 2026 is ≈ €12,000. This figure is estimated from the gross margin of €3,083 and 140 comparable companies (NACE 70200). It probably lies between €5,400 and €31,000. It is a rough estimate.Financials
- Is BERFICO profitable?
- In financial year 2026, BERFICO made a loss of €7,052.
- Where can I find the annual accounts of BERFICO?
- BERFICO filed 10 annual accounts with the National Bank of Belgium, the latest for financial year 2026.
- When are the next annual accounts of BERFICO due?
- BERFICO must file the annual accounts for financial year 2027 by 31-10-2027.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
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