BERGH
ActiveSummary
BERGH has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €107,587 and a net result of €3,497. Equity is growing by ~12% per year across the filed fiscal years. Its solvency ranks better than 74% of 18537 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability45▼-16
Solvency88▲+8
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6,000 at 30 days acceptable
Liquidity ample (current ratio 3.95 against 2.93 in 2024; short-term debt: 22.2% and cash: 1.7% of total assets), and 37.2% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Three 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
Retail trade (NACE 47)
about 45% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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 31-03-2025 was due by 31-10-2025 and was filed on 03-12-2025, 33 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
33 d late
2024
1 d early
2023
on the day
2022
14 d late
2021
29 d late
2020
30 d late
2019
on the day
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 15 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 46% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close27-09-2026 today31-10-2026 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check What other support did companies like this one receive, and it did not?Public money How does this company compare with its sector?Sector benchmark
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, micro schema
Equity
€107,587▲ 3.4%
2024 · €104,090
Total assets
€171,393▼ 9.6%
2024 · €189,682
Net result
€3,497▼ 64.4%
2024 · €9,833
Working capital
€112,100▲ 3.9%
2024 · €107,873
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€35,608▲ 803%-€5,973€28,194€17,553▼ 37.7%€8,570▼ 51.2%
Net result€28,974above the sector's middle half-€9,155below the sector's middle half€21,109above the sector's middle half€9,833within the sector's middle half▼ 53.4%€3,497within the sector's middle half▼ 64.4%
Equity€82,303within the sector's middle half▲ 54.3%€73,148within the sector's middle half▼ 11.1%€94,257within the sector's middle half▲ 28.9%€104,090within the sector's middle half▲ 10.4%€107,587within the sector's middle half▲ 3.4%
Total assets€149,157within the sector's middle half▼ 2.3%€143,402within the sector's middle half▼ 3.9%€188,843within the sector's middle half▲ 31.7%€189,682within the sector's middle half▲ 0.4%€171,393within the sector's middle half▼ 9.6%
Debt€66,855▼ 32.7%€70,255▲ 5.1%€94,586▲ 34.6%€85,592▼ 9.5%€63,807▼ 25.5%
Working capital€86,314▲ 53.7%€83,213▼ 3.6%€98,943▲ 18.9%€107,873▲ 9.0%€112,100▲ 3.9%
Solvency55.2%within the sector's middle half▲ 20.2pp51.0%within the sector's middle half▼ 4.2pp49.9%within the sector's middle half▼ 1.1pp54.9%within the sector's middle half▲ 5.0pp62.8%within the sector's middle half▲ 7.9pp
above
within
below
the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 51% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €171,393
Fixed assets
€21,288 ▼ 17.6%
Current assets
€150,105 ▼ 8.4%
Equity and liabilities €171,393
Equity
€107,587 ▲ 3.4%
Debt
€63,807 ▼ 25.5%
Debt's share of the balance-sheet total falls from 45.1% to 37.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€13,119▼
2024 · €22,019
Cash flow
€8,045▼
2024 · €14,298
Current ratio
3.95▲
2024 · 2.93
Quick ratio
0.18▲
2024 · 0.18
Debt to equity
0.59▼
2024 · 0.82
ROE
3.3%▼
2024 · 9.4%
ROA
2.0%▼
2024 · 5.2%
Interest coverage
2.87▼
2024 · 4.27
Debt ≤ 1 year
€38,005▼
2024 · €55,972
Debt > 1 year
€25,427▼
2024 · €28,233
Income taxes
€507▼
2024 · €2,583
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 10,891 companies that looked in July 2024 the way this one looks now, 0.6% went bankrupt within 24 months and 95% are still going.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a profit under 5% of the balance sheet
0.6%
went bankrupt
4.0%
stopped otherwise
95%
still going
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.7% 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 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% 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 10,891 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.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €1,447 | €1,504 | €1,624 | €1,669 | ▲ 2.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2,874 | €2,874 | €2,637 | €4,465 | €4,548 | ▲ 1.9% |
| Other operating charges640/8 | - | €773 | €3,596 | €2,240 | €2,291 | ▲ 2.3% |
| Gross operating margin9900 | €40,513 | -€2,326 | €34,428 | €24,259 | €15,409 | ▼ 36.5% |
| Operating profit (loss)9901 | €35,608 | -€5,973 | €28,194 | €17,553 | €8,570 | ▼ 51.2% |
| Financial income75/76B | - | €245 | €9 | €20 | €6 | ▼ 69.9% |
| Recurring financial income75 | €33 | €245 | €9 | €20 | €6 | ▼ 69.9% |
| Financial charges65/66B | - | €3,427 | €4,058 | €5,158 | €4,573 | ▼ 11.3% |
| Recurring financial charges65 | €3,299 | €3,427 | €4,058 | €5,158 | €4,573 | ▼ 11.3% |
| Profit (loss) for the period before taxes9903 | €32,343 | -€9,155 | €24,145 | €12,416 | €4,004 | ▼ 67.8% |
| Income taxes67/77 | €3,369 | - | €3,036 | €2,583 | €507 | ▼ 80.4% |
| Profit (loss) for the period9904 | €28,974 | -€9,155 | €21,109 | €9,833 | €3,497 | ▼ 64.4% |
| Profit (loss) for the period to be appropriated9905 | €28,974 | -€9,155 | €21,109 | €9,833 | €3,497 | ▼ 64.4% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €149,157 | €143,402 | €188,843 | €189,682 | €171,393 | ▼ 9.6% |
| Fixed assets21/28 | €18,489 | €15,615 | €26,710 | €25,836 | €21,288 | ▼ 17.6% |
| Tangible fixed assets22/27 | €18,489 | €15,615 | €26,710 | €25,836 | €21,288 | ▼ 17.6% |
| Land and buildings22 | - | €14,764 | €12,577 | €10,390 | €8,202 | ▼ 21.1% |
| Plant, machinery and equipment23 | - | - | €11,130 | €10,565 | €10,001 | ▼ 5.3% |
| Furniture and vehicles24 | - | €851 | €3,004 | €4,882 | €3,085 | ▼ 36.8% |
| Current assets29/58 | €130,668 | €127,787 | €162,133 | €163,846 | €150,105 | ▼ 8.4% |
| Stocks and contracts in progress3 | €121,781 | €117,764 | €139,151 | €153,913 | €143,121 | ▼ 7.0% |
| Stocks30/36 | - | €117,764 | €139,151 | €153,913 | €143,121 | ▼ 7.0% |
| Amounts receivable within one year40/41 | €3,828 | €5,921 | €7,972 | €6,531 | €2,866 | ▼ 56.1% |
| Trade receivables40 | - | €3,585 | €5,636 | €5,193 | €2,038 | ▼ 60.8% |
| Other amounts receivable41 | - | €2,336 | €2,336 | €1,338 | €828 | ▼ 38.1% |
| Cash at bank and in hand54/58 | €2,405 | €249 | €12,616 | €1,078 | €2,960 | ▲ 175% |
| Deferred charges and accrued income490/1 | - | €3,854 | €2,394 | €2,324 | €1,158 | ▼ 50.2% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €149,157 | €143,402 | €188,843 | €189,682 | €171,393 | ▼ 9.6% |
| Equity10/15 | €82,303 | €73,148 | €94,257 | €104,090 | €107,587 | ▲ 3.4% |
| Contributions10/11 | - | €22,500 | €22,500 | €22,500 | €22,500 | = |
| Reserves13 | €29,240 | €29,240 | €50,349 | €60,182 | €63,679 | ▲ 5.8% |
| Non-distributable reserves130/1 | - | €2,250 | €2,250 | - | - | - |
| Reserves not available under the articles1311 | - | €2,250 | €2,250 | - | - | - |
| Distributable reserves133 | - | €26,990 | €48,099 | €60,182 | €63,679 | ▲ 5.8% |
| Profit (loss) carried forward14 | €30,563 | €21,408 | €21,408 | €21,408 | €21,408 | = |
| Amounts payable17/49 | €66,855 | €70,255 | €94,586 | €85,592 | €63,807 | ▼ 25.5% |
| Amounts payable after more than one year17 | €22,500 | €22,500 | €30,922 | €28,233 | €25,427 | ▼ 9.9% |
| Financial debts170/4 | - | - | €8,422 | €5,733 | €2,927 | ▼ 48.9% |
| Other amounts payable178/9 | - | €22,500 | €22,500 | €22,500 | €22,500 | = |
| Amounts payable within one year42/48 | €44,355 | €44,574 | €63,191 | €55,972 | €38,005 | ▼ 32.1% |
| Current portion of amounts payable after more than one year42 | - | - | €2,578 | €2,689 | €2,806 | ▲ 4.3% |
| Financial debts43 | - | €6,870 | - | €8,000 | €1,000 | ▼ 87.5% |
| Credit institutions430/8 | - | €6,870 | - | €8,000 | €1,000 | ▼ 87.5% |
| Trade debts44 | €25,248 | €29,302 | €49,657 | €36,419 | €26,051 | ▼ 28.5% |
| Suppliers440/4 | - | €29,302 | €49,657 | €36,419 | €26,051 | ▼ 28.5% |
| Taxes, remuneration and social security45 | - | €4,587 | €8,075 | €8,864 | €8,148 | ▼ 8.1% |
| Taxes450/3 | - | €4,587 | €8,075 | €8,864 | €8,148 | ▼ 8.1% |
| Other amounts payable47/48 | - | €3,816 | €2,880 | - | - | - |
| Accrued charges and deferred income492/3 | - | €3,180 | €474 | €1,388 | €375 | ▼ 73.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €28,974 | -€9,155 | €21,109 | €9,833 | €3,497 | ▼ 64.4% |
| + Depreciation and write-downs630 | €2,874 | €2,874 | €2,637 | €4,465 | €4,548 | ▲ 1.9% |
| Operating cash flow (approximation) | €31,848 | -€6,281 | €23,746 | €14,298 | €8,045 | ▼ 43.7% |
| Investment in fixed assets (approximation) | - | €0 | -€13,733 | -€3,592 | €0 | ▲ 100% |
| Change in cash | - | -€2,157 | €12,367 | -€11,538 | €1,883 | ▲ 116% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2025
03-12
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 33 days late
2024
30-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
31-03
Financial
Equity above €100,000Eq €104,090 ▲10.4%
2 profitable years in a row build equity to €104,090.
2023
31-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
31-03
Financial
Back to profitnet €21,109
Net result €21,109 after one loss-making year.
2022
14-11
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 14 days late
31-03
Financial
Weakest financial yearnet -€9,155
Net result drops to -€9,155, the lowest in the series; recovery starts the following year.
2021
29-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 29 days late
31-03
Financial
Back to profitnet €28,974
Net result €28,974 after one loss-making year.
2020
30-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
2019
31-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
30-11
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2017
30-11
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 30 days late
2016
30-09
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
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, Brugge · 1 establishment unit since 2008
Ground area
595 m²
Building footprint
129 m²
Volume, LiDAR
1,490 m³
2 parcels, Flanders · tallest building 15.0 m, ±4 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
BERGH
since 20082.173.413.573
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31425C0305/00L002 | Flanders | 466 m² | - | - |
| 31027D0299/00F006 | Flanders | 129 m² | 1 · 129 m² | 15.0 m · 4 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 4 entries · 20,039 EUR awarded · 20,039 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 7,516 EUR | 7,516 EUR |
| 2024 | 1 | 3,619 EUR | 3,619 EUR |
| 2023 | 1 | 4,669 EUR | 4,669 EUR |
| 2022 | 1 | 4,235 EUR | 4,235 EUR |
Similar companies · same sector, comparable size
NADINE - Sport
BE 0418.441.073
Tessenderlo-Ham · Eq €106,322
SAIL AEGEAN EUROPE
BE 0833.775.376
Sint-Pieters-Woluwe · Eq €106,253
OPTIMIZE TRIATHLON NV
BE 0888.331.542
Kalmthout · Eq €106,213
FREDOGOLF
BE 0859.662.401
Chaumont-Gistoux · Eq €104,999
CYCLES DUSAUSOIT
BE 0719.928.060
Chièvres · Eq €110,608
Of 1,314 companies in sector 47639 we hold annual accounts for 624. 505 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded25-09-2008
Fiscal year end31-03
Activities, NACEBEL 2025
47639Retail sale of other sporting goods
46150Agents in the wholesale of furniture, household goods and hardware
46423Wholesale of clothing, excluding workwear and underwear
46496Wholesale trade
47712Retail trade
77210Renting and leasing of sports and recreation goods
E-invoicing
Reachable via Peppol
Peppol ID
0208:0806621118
Also
9925:BE0806621118
Registered
10-07-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.