BERGER Couvin
ActiveBERGER Couvin has been active since 1995 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €283k and a net result of €39k. Equity is growing by ~13.1% per year across the filed fiscal years. Its solvency ranks better than 76% of 15869 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2024
86
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability81▲+3
Solvency97▲+9
Growth78=
Track record100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €24k at 30 days acceptable
Liquidity ample (current ratio 3.45 against 2.58 in 2023; short-term debt: 27.5% and cash: 33.2% of total assets), and 28.2% 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
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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-09-2025, 61 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
61 d late
2023
78 d late
2022
63 d late
2021
137 d late
2020
145 d late
2019
196 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€283k▲ 16.0%
2023 · €244k
2018: €141k
2019: €149k
2020: €163k
2021: €170k
2022: €214k
2023: €244k
2018 → 2024
Total assets
€394k▲ 1.6%
2023 · €387k
2018: €254k
2019: €280k
2020: €300k
2021: €337k
2022: €393k
2023: €387k
2018 → 2024
Net result
€39k▲ 33.2%
2023 · €29k
2018: €3k
2019: €8k
2020: €14k
2021: €7k
2022: €44k
2023: €29k
2018 → 2024
Working capital
€265k▲ 22.4%
2023 · €217k
2018: €136k
2019: €135k
2020: €150k
2021: €143k
2022: €187k
2023: €217k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€163k-€170k▲ 4.3%€214k▲ 25.8%€244k▲ 13.7%€283k▲ 16.0%
Operating result€22k-€4k▼ 84.2%€55k▲ 1,461%€43k▼ 22.9%€55k▲ 29.7%
Net result€14k-€7k▼ 51.7%€44k▲ 530%€29k▼ 33.4%€39k▲ 33.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 30% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €394k
Fixed assets
€20k▼ 40.8%
Current assets
€374k▲ 5.7%
Equity and liabilities €394k
Equity
€283k▲ 16.0%
Debt
€111k▼ 22.7%
The debt ratio falls from 37.1% to 28.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€69k▲
2023 · €58k
Cash flow
€53k▲
2023 · €44k
Solvency
71.8%▲
2023 · 62.9%
Current ratio
3.45▲
2023 · 2.58
Quick ratio
2.19▲
2023 · 1.55
Debt / equity
0.39▼
2023 · 0.59
ROE
13.8%▲
2023 · 12.0%
ROA
9.9%▲
2023 · 7.6%
Interest coverage
41.60▲
2023 · 23.47
Debt
€111k▼
2023 · €144k
Debt ≤ 1 year
€108k▼
2023 · €137k
Debt > 1 year
€3k▼
2023 · €7k
Income taxes
€20k▲
2023 · €16k
Staff costs
€110k▲
2023 · €97k
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€387k€394k▲
Fixed assets21/28€34k€20k▼
Tangible fixed assets22/27€34k€20k▼
Land and buildings22€10k€10k▼
Plant, machinery and equipment23€611-
Furniture and vehicles24€23k€10k▼
Current assets29/58€353k€374k▲
Stocks and contracts in progress3€141k€136k▼
Stocks30/36€141k€136k▼
Amounts receivable within one year40/41€104k€101k▼
Trade receivables40€103k€93k▼
Other amounts receivable41€2k€8k▲
Cash at bank and in hand54/58€108k€131k▲
Deferred charges and accrued income490/1-€5k
Equity and liabilities
Total equity and liabilities10/49€387k€394k▲
Equity10/15€244k€283k▲
Contributions10/11€19k€19k=
Reserves13€69k€106k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€67k€105k▲
Profit (loss) carried forward14€156k€158k▲
Amounts payable17/49€144k€111k▼
Amounts payable after more than one year17€7k€3k▼
Financial debts170/4€7k€3k▼
Amounts payable within one year42/48€137k€108k▼
Current portion of amounts payable after more than one year42€15k€4k▼
Trade debts44€17k€3k▼
Suppliers440/4€17k€3k▼
Taxes, remuneration and social security45€28k€41k▲
Taxes450/3€11k€23k▲
Remuneration and social security454/9€16k€18k▲
Other amounts payable47/48€77k€61k▼
Income statement
Code20232024
Remuneration, social security and pensions62€97k€110k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€15k€14k▼
Other operating charges640/8€6k€3k▼
Non-recurring operating charges66A-€3k
Gross operating margin9900€161k€185k▲
Operating profit (loss)9901€43k€55k▲
Financial income75/76B€5k€5k▲
Recurring financial income75€5k€5k▲
Financial charges65/66B€2k€2k▼
Recurring financial charges65€2k€2k▼
Profit (loss) for the period before taxes9903€45k€59k▲
Income taxes67/77€16k€20k▲
Profit (loss) for the period9904€29k€39k▲
Profit (loss) for the period to be appropriated9905€29k€39k▲
Appropriation of the result
Profit (loss) to be appropriated9906€184k€195k▲
Profit (loss) brought forward from the previous period14P€154k€156k▲
Transfer to equity691/2€28k€38k▲
To other reserves6921€28k€38k▲
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
30-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 61 days late
2024
17-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 78 days late
2023
02-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 63 days late
2022
31-12
Financial
Highest result since 2018net €44k ▲530%
Operating result €55k, net result €44k, both a record.
31-12
Financial
Equity above €200kEq €214k ▲25.8%
5 profitable years in a row build equity to €214k.
15-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 137 days late
2021
23-12
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 145 days late
12-02
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 196 days late
2020
31-12
Financial
Equity above €150kEq €163k ▲9.7%
3 profitable years in a row build equity to €163k.
2019
24-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 55 days late
2018
20-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 20 days late
2017
31-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
04-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 4 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Couvin · 1 establishment unit since 1995
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.
Rue du Pont-du-Roy 45660 CouvinGround area
620 m²
Building footprint
226 m²
Parcel 93014C0386/00N003, Wallonia. Linked by address, not a title deed.
1 establishment unit
COLLET Etienne
since 19952.072.785.971
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 93014C0386/00N003 | Wallonia | 620 m² | 1 · 226 m² | - |
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.
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ETABLISSEMENTS MICHEL
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Etablissements Boulanger - Delmelle
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SHUTDOWN FASTENERS AND SPECIALS BELGIUM
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Sint-Niklaas · Eq €297k
Of 504 companies in sector 46841 we hold annual accounts for 365. 264 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded04-05-1995
Fiscal year end31-12
Activities, NACEBEL
46841Wholesale trade
47521Retail sale of hardware, building materials, paint and glass (general range)
52461
46620Wholesale of machine tools
Sources
Crossroads Bank for EnterprisesNational Bank · 30 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesWebsite:www.sprlberger.be
E-mail:bergercouvin@hotmail.com