BERFIN
ActiveBERFIN has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €30k and a net result of €-12k. Equity is growing by ~7.3% per year across the filed fiscal years. Its solvency ranks better than 70% of 26056 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability5▼-38
Solvency87▲+10
Growth53▼-19
Stability100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days acceptable
Liquidity ample (current ratio 1.53 against 1.56 in 2023), and 43.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
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 2024Solvency, return and age of the figures
Solvency
56.3%
Return on assets
-22.7%
Age of the figures
20 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-08-2025, 29 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 · 10 filingsDeviation from the deadline
2025
not confirmed
2024
29 d late
2023
29 d late
2022
22 d late
2021
32 d late
2020
3 d early
2019
24 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Turnover
€491k▼ 0.1%
2023 · €492k
2018: €358k
2019: €321k
2020: €230k
2021: €213k
2023: €492k
2018 → 2024
EBIT margin
-0.1%▼ 3.0pp
2023 · 2.9%
2018: 0.0%
2019: 1.0%
2020: 5.3%
2021: -1.5%
2023: 2.9%
2018 → 2024
Net result
€-12k
2023 · €7k
2018: €43
2019: €3k
2020: €11k
2021: €-5k
2022: €13k
2023: €7k
2018 → 2024
Working capital
€12k▼ 62.5%
2023 · €33k
2018: €16k
2019: €22k
2020: €32k
2021: €27k
2022: €40k
2023: €33k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€230k-€213k▼ 7.6%€492k€491k▼ 0.1%
Equity€42k-€37k▼ 11.7%€50k▲ 34.4%€43k▼ 14.7%€30k▼ 28.7%
Operating result€12k-€-3k€13k€14k▲ 9.9%€-303
Net result€11k-€-5k€13k€7k▼ 46.2%€-12k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €303 after €14k in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €54k
Fixed assets
€18k▲ 91.3%
Current assets
€36k▼ 60.9%
Equity and liabilities €54k
Equity
€30k▼ 28.7%
Debt
€24k▼ 60.1%
The debt ratio falls from 58.1% to 43.7%: debt falls faster than equity shrinks.
Key figures and ratios
EBITDA
€772▼
2023 · €14k
Cash flow
€-11k▼
2023 · €7k
Solvency
56.3%▲
2023 · 41.9%
Current ratio
1.53▼
2023 · 1.56
Quick ratio
0.64▼
2023 · 1.11
Debt / equity
0.78▼
2023 · 1.38
ROE
-40.3%▼
2023 · 16.1%
ROA
-22.7%▼
2023 · 6.8%
Interest coverage
1.27▼
2023 · 261.97
Debt
€24k▼
2023 · €59k
Debt ≤ 1 year
€24k▼
2023 · €59k
Income taxes
€6k▲
2023 · €1k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€102k€54k▼
Fixed assets21/28€9k€18k▲
Tangible fixed assets22/27€348€7k▲
Furniture and vehicles24€348€7k▲
Financial fixed assets28€9k€11k▲
Current assets29/58€92k€36k▼
Stocks and contracts in progress3€27k€21k▼
Stocks30/36€27k€21k▼
Amounts receivable within one year40/41€56k€12k▼
Trade receivables40€42k-
Other amounts receivable41€15k€12k▼
Cash at bank and in hand54/58€8k€2k▼
Deferred charges and accrued income490/1€1k€1k▲
Equity and liabilities
Total equity and liabilities10/49€102k€54k▼
Equity10/15€43k€30k▼
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€41k€28k▼
Amounts payable17/49€59k€24k▼
Amounts payable within one year42/48€59k€24k▼
Trade debts44€56k€15k▼
Suppliers440/4€56k€15k▼
Taxes, remuneration and social security45€3k€9k▲
Taxes450/3€3k€9k▲
Income statement
Code20232024
Turnover70€492k€491k▼
Non-recurring operating income76A-€717
Goods, raw materials, services and sundry goods60/61€476k€492k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€174€1k▲
Other operating charges640/8€4k€3k▼
Gross operating margin9900€19k€3k▼
Operating profit (loss)9901€14k€-303▼
Financial charges65/66B€6k€6k▲
Recurring financial charges65€55€608▲
Non-recurring financial charges66B€6k€6k▼
Profit (loss) for the period before taxes9903€8k€-7k▼
Income taxes67/77€1k€6k▲
Profit (loss) for the period9904€7k€-12k▼
Profit (loss) for the period to be appropriated9905€7k€-12k▼
Appropriation of the result
Profit (loss) to be appropriated9906€41k€28k▼
Profit (loss) brought forward from the previous period14P€34k€41k▲
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
31-12
Financial
Weakest financial yearnet €-12k ▼278%
Net result drops to €-12k, the lowest in the series.
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 29 days late
2023
22-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 22 days late
2022
31-12
Financial
Back to profitnet €13k
Net result €13k after one loss-making year.
01-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 32 days late
2021
31-12
Financial
Liquidity doublescurrent ratio 3.34
Current ratio from 1.34 to 3.34; short-term debt falls from €95k to €12k.
28-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
24-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 24 days late
2019
27-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 27 days late
2018
09-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
29-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 60 days late
2016
08-03
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
10 acts for this company are 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, Antwerpen · 1 establishment unit since 2010
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Van Kerckhovenstraat 402060 AntwerpenGround area
117 m²
Building footprint
104 m²
Volume, LiDAR
1,305 m³
Parcel 11805E0495/00V024, Flanders · tallest building 14.7 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
BERFIN
since 20102.188.031.374
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11805E0495/00V024 | Flanders | 117 m² | 1 · 104 m² | 14.7 m · 4 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
1 siteAntwerpen2.188.031.374
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DE MISPEL
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VANTOCA
BE 0772.497.904
Antwerpen · Eq €30k
LA WALHINETTE
BE 0800.525.657
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LA TANIERE DES OURSES
BE 0762.429.995
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Of 10,411 companies in sector 47110 we hold annual accounts for 5,787. 4,377 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded09-09-2008
Fiscal year end31-12
Activities, NACEBEL
47110Non-specialised retail sale with food, beverages or tobacco predominating
47112Retail trade
10712Artisanal bread and fresh pastry making
47210Retail sale of fruit and vegetables
47241Retail sale of bread and pastry (bakery outlets)
47252Retail sale of beverages, general range
47260Retail trade
Sources
Crossroads Bank for EnterprisesNational Bank · 14 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.