Berghen Services

Active

Public limited companyfounded 199827 yrs activeVan Volxemlaan 197, 1190 Vorst, BelgiumKBO/BCE: BE 0465.012.951

Summary

The annual accounts of Berghen Services for fiscal year 2025 show a net loss of 64% of total assets. The 2025 annual accounts show equity of €1.9m and a net result of -€1.8m. Equity is shrinking by ~6.4% per year across the filed fiscal years. Its solvency ranks better than 63% of 3447 sector peers (fiscal year 2025). The company has been active since 1998 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.5% (low).

Risk analysisWatch Report Compare

Berghen ServicesActiveChecked score 54/100

Risk analysis Report Compare

Activity

Business and other management consultancy

NACE 70200Business consulting NACE 70220NACE 74142

1 site

Size

€2.7mtotal assets 2025

Staff: 2.6 FTE
Equity: €1.9m
Loss: -€1.8m

Financial health

54 Fair Checked score 2025

Bankruptcy chance 12 m: 0.5%

Structure

Holdings: 2

Accounts 19 d early0 of 6 deeds read

Why 54Capped at 59: a net loss of at least half of total assets or of the equity at the start of the financial year- Loss of €1.8m, the second in a row (FY 2025)+ Sector Activities of head offices; management consultancy activities (NACE 70)+ Equity €1.9m (68.5% of total assets)+ Founded in 1998Show the evidence

Checked score

Score 2025

54 / 100

Fair

Probability in this band: 1.5% to 4.2%

Better than 31% of its sector peers (NACE 70, micro)

Performance against the sector, not lower risk

A net loss of at least half of total assets or of the equity at the start of the financial year caps the score at 59. Every signal that weighs is under Signals.

Financial strength · tick = 2024

Average

Solvency 94-6

equity 68.5% of total assets

Liquidity 55+5

short-term debt 5.9% · cash 3.9%

Profitability 0-16

return on assets -64.4%

Bankruptcy probability, 12 months

0.5% Low

0%0.5%1.5%4%10%≥ 25%

About 5 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (47,477 companies)

Last 24 months 11-2024: 0.1%lowest value 12-2024: 0.1%▲ +21.7% vs 11-2024 01-2025: 0.1%▲ +39.7% vs 12-2024 02-2025: 0.2%▲ +119% vs 01-2025 03-2025: 0.2%● 0.0% vs 02-2025 04-2025: 0.2%● 0.0% vs 03-2025 05-2025: 0.2%▼ -0.4% vs 04-2025 06-2025: 0.2%● 0.0% vs 05-2025 07-2025: 0.2%● 0.0% vs 06-2025 08-2025: 0.2%● 0.0% vs 07-2025 09-2025: 0.2%▲ +2.7% vs 08-2025 10-2025: 0.2%▲ +7.0% vs 09-2025 11-2025: 0.3%▲ +3.7% vs 10-2025 12-2025: 0.2%▼ -2.8% vs 11-2025 01-2026: 0.3%▲ +17.5% vs 12-2025 02-2026: 0.4%▲ +35.6% vs 01-2026 03-2026: 0.4%● 0.0% vs 02-2026 04-2026: 0.4%● 0.0% vs 03-2026 05-2026: 0.4%● 0.0% vs 04-2026 06-2026: 0.4%● 0.0% vs 05-2026 07-2026: 0.4%● 0.0% vs 06-2026 08-2026: 0.4%● 0.0% vs 07-2026 09-2026: 0.5%▲ +16.3% vs 08-2026 10-2026: 0.5%▲ +10.7% vs 09-2026highest value

Loss of €1.8m, the second in a row (FY 2025) raises the probability
Sector Activities of head offices; management consultancy activities (NACE 70) lowers the probability
Equity €1.9m (68.5% of total assets) lowers the probability
Founded in 1998 lowers the probability for this profile

Credit up to €100,000 at 30 days only on tighter terms

Net loss of at least half of total assets or of the equity at the start of the financial year.

Liquidity ample (current ratio 10.14 against 5.97 in 2024; short-term debt: 5.9% and cash: 3.9% of total assets), and 31.5% of the assets are financed with debt.

How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

75-100	Excellent	under 0.55%
60-74	Healthy	0.55% to 1.5%
45-59	Fair	1.5% to 4.2%
25-44	Weak	4.2% to 15.0%
0-24	Critical	over 15.0%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 70, micro). Better than this share of them on solvency 64%, liquidity 45%, profitability 4%, growth against the median 12%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 02-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

Credit check for your own amount and term

Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

Six signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Loss of €1.8m, the second in a row (FY 2025)

In the bankruptcy model this factor raises the probability.

NBB · annual accounts

Sector Activities of head offices; management consultancy activities (NACE 70)

In the bankruptcy model this factor lowers the probability.

KBO

Equity €1.9m (68.5% of total assets)

In the bankruptcy model this factor lowers the probability.

NBB · annual accounts

Founded in 1998

In the bankruptcy model this factor lowers the probability for this profile.

KBO

Persistent losses

Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.

NBB · annual accounts 2025

Net result per financial year

19202122232425

2019 to 2025 · latest year -€1.8m

Latest accounts filed on time

The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 12-01-2026, 19 days ahead of the deadline.

NBB · 10 filings

Deviation from the deadline

2025

19 d early

2024

23 d early

2023

75 d early

2022

119 d early

2021

17 d early

2020

1 d late

2019

57 d early

← 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 44 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.

Checked, nothing found (2)

The next deadline is still running

The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today. Usually files around 8 January (4 of the last 5 filed years within 52 days of that day).

Companies Code · seven months

Position in the running window

30-06-2026 close03-10-2026 today31-01-2027 deadline

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

12-01-26 Annual accounts filedfiscal year 2025 · full…
30-06-25 Weakest financial yearnet -€1.8m
08-01-25 Annual accounts filedfiscal year 2024 · full…

Key points

Risk: 7 loss-making years in a rowloss fiscal year 2025 -€1.8m View
Caution: Result fell in 2025from -€123,014 to -€1.8m ▼ 1,332% View
Caution: Among the weakest 5% on net resultsector median €55,677 · 3,446 companies -€1.8m View
Positive: Always filed on timeaccounts within the deadline every year 5 years View