Berghman
ActiveSummary
Berghman has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €350k and a net result of €53k. Equity is growing by ~10.4% per year across the filed fiscal years. Its solvency ranks better than 60% of 37953 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability82▲+16
Solvency93▼-7
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €30k at 30 days acceptable
Liquidity ample (current ratio 2.79 against 25.36 in 2023; short-term debt: 32.2% and cash: 27.4% of total assets), and 32.2% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer 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 · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 02-07-2025, 29 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
29 d early
2023
30 d early
2022
28 d early
2021
26 d early
2020
32 d early
2019
31 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€350k▼ 23.8%
2023 · €459k
2018: €237klowest in 7 years
2019: €281k▲ +18.6% vs 2018
2020: €302k▲ +7.2% vs 2019
2021: €337k▲ +11.6% vs 2020
2022: €404k▲ +20.1% vs 2021
2023: €459k▲ +13.4% vs 2022highest in 7 years
2024: €350k▼ -23.8% vs 2023
2018 → 2024
Total assets
€515k▲ 8.5%
2023 · €475k
2018: €270klowest in 7 years
2019: €314k▲ +16.2% vs 2018
2020: €345k▲ +9.8% vs 2019
2021: €347k▲ +0.5% vs 2020
2022: €424k▲ +22.2% vs 2021
2023: €475k▲ +12.1% vs 2022
2024: €515k▲ +8.5% vs 2023highest in 7 years
2018 → 2024
Net result
€53k▼ 2.3%
2023 · €54k
2018: €37k
2019: €44k▲ +19.8% vs 2018
2020: €49k▲ +11.5% vs 2019
2021: €35k▼ -28.8% vs 2020lowest in 7 years
2022: €68k▲ +93.7% vs 2021highest in 7 years
2023: €54k▼ -20.2% vs 2022
2024: €53k▼ -2.3% vs 2023
2018 → 2024
Working capital
€296k▼ 25.9%
2023 · €399k
2018: €236klowest in 7 years
2019: €281k▲ +18.9% vs 2018
2020: €277k▼ -1.2% vs 2019
2021: €321k▲ +15.6% vs 2020
2022: €381k▲ +18.8% vs 2021
2023: €399k▲ +4.7% vs 2022highest in 7 years
2024: €296k▼ -25.9% vs 2023
2018 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€302k-€337k▲ 11.6%€404k▲ 20.1%€459k▲ 13.4%€350k▼ 23.8%
2020: €302klowest in 5 years
2021: €337k▲ +11.6% vs 2020
2022: €404k▲ +20.1% vs 2021
2023: €459k▲ +13.4% vs 2022highest in 5 years
2024: €350k▼ -23.8% vs 2023
Operating result€70k-€52k▼ 26.0%€98k▲ 88.7%€76k▼ 22.1%€78k▲ 2.1%
2020: €70k
2021: €52k▼ -26.0% vs 2020lowest in 5 years
2022: €98k▲ +88.7% vs 2021highest in 5 years
2023: €76k▼ -22.1% vs 2022
2024: €78k▲ +2.1% vs 2023
Net result€49k-€35k▼ 28.8%€68k▲ 93.7%€54k▼ 20.2%€53k▼ 2.3%
2020: €49k
2021: €35k▼ -28.8% vs 2020lowest in 5 years
2022: €68k▲ +93.7% vs 2021highest in 5 years
2023: €54k▼ -20.2% vs 2022
2024: €53k▼ -2.3% vs 2023
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 2% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €515k
Fixed assets
€54k ▼ 9.7%
Current assets
€462k ▲ 11.1%
Equity and liabilities €515k
Equity
€350k ▼ 23.8%
Debt
€166k ▲ 911%
Debt's share of the balance-sheet total rises from 3.5% to 32.2%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€92k▲
2023 · €89k
Cash flow
€67k▲
2023 · €67k
Current ratio
2.79▼
2023 · 25.36
Quick ratio
2.70▼
2023 · 25.15
Debt to equity
0.47▲
2023 · 0.04
ROE
15.1%▲
2023 · 11.8%
ROA
10.3%▼
2023 · 11.4%
Interest coverage
17.03
Debt ≤ 1 year
€166k▲
2023 · €16k
Income taxes
€24k▼
2023 · €25k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 49 lines
Balance sheet
Code20232024
Assets
Total assets20/58€475k€515k▲
Fixed assets21/28€59k€54k▼
Tangible fixed assets22/27€59k€54k▼
Land and buildings22€10k€9k▼
Plant, machinery and equipment23€9k€11k▲
Furniture and vehicles24€40k€34k▼
Financial fixed assets28€50€50=
Current assets29/58€416k€462k▲
Stocks and contracts in progress3€3k€14k▲
Stocks30/36€3k€14k▲
Amounts receivable within one year40/41€167k€304k▲
Trade receivables40€16k€14k▼
Other amounts receivable41€151k€289k▲
Current investments50/53€23k-
Cash at bank and in hand54/58€220k€141k▼
Deferred charges and accrued income490/1€2k€2k▼
Equity and liabilities
Total equity and liabilities10/49€475k€515k▲
Equity10/15€459k€350k▼
Contributions10/11€19k€19k=
Reserves13€440k€330k▼
Distributable reserves133€440k€330k▼
Profit (loss) carried forward14€17€908▲
Amounts payable17/49€16k€166k▲
Amounts payable within one year42/48€16k€166k▲
Trade debts44€6k€6k▲
Suppliers440/4€6k€6k▲
Taxes, remuneration and social security45€8k€7k▼
Taxes450/3€7k€6k▼
Remuneration and social security454/9€785€785=
Other amounts payable47/48€3k€153k▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€13k€14k▲
Other operating charges640/8€615€513▼
Gross operating margin9900€90k€92k▲
Operating profit (loss)9901€76k€78k▲
Financial income75/76B€2k€4k▲
Recurring financial income75€2k€4k▲
Financial charges65/66B-€5k
Recurring financial charges65-€5k
Profit (loss) for the period before taxes9903€79k€77k▼
Income taxes67/77€25k€24k▼
Profit (loss) for the period9904€54k€53k▼
Profit (loss) for the period to be appropriated9905€54k€53k▼
Appropriation of the result
Profit (loss) to be appropriated9906€54k€53k▼
Profit (loss) brought forward from the previous period14P-€17
Transfer from equity791/2-€162k
Transfer to equity691/2€54k€52k▼
To other reserves6921€54k€52k▼
Profit to be distributed694/7-€162k
Return on contributions (dividend)694-€162k
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €937 | €14k | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1k | €2k | €2k | €13k | €14k | ▲ 10.8% |
| Other operating charges640/8 | - | €631 | €510 | €615 | €513 | ▼ 16.6% |
| Non-recurring operating charges66A | - | €1k | - | - | - | - |
| Gross operating margin9900 | €73k | €56k | €101k | €90k | €92k | ▲ 3.2% |
| Operating profit (loss)9901 | €70k | €52k | €98k | €76k | €78k | ▲ 2.1% |
| Financial income75/76B | - | €9 | €816 | €2k | €4k | ▲ 55.0% |
| Recurring financial income75 | €65 | €9 | €816 | €2k | €4k | ▲ 55.0% |
| Financial charges65/66B | - | €199 | €3k | - | €5k | - |
| Recurring financial charges65 | €732 | €199 | €3k | - | €5k | - |
| Profit (loss) for the period before taxes9903 | €70k | €52k | €96k | €79k | €77k | ▼ 3.1% |
| Income taxes67/77 | €21k | €17k | €28k | €25k | €24k | ▼ 4.8% |
| Profit (loss) for the period9904 | €49k | €35k | €68k | €54k | €53k | ▼ 2.3% |
| Profit (loss) for the period to be appropriated9905 | €49k | €35k | €68k | €54k | €53k | ▼ 2.3% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €345k | €347k | €424k | €475k | €515k | ▲ 8.5% |
| Fixed assets21/28 | €24k | €16k | €23k | €59k | €54k | ▼ 9.7% |
| Tangible fixed assets22/27 | €24k | €16k | €23k | €59k | €54k | ▼ 9.8% |
| Land and buildings22 | - | €13k | €12k | €10k | €9k | ▼ 14.8% |
| Plant, machinery and equipment23 | - | €418 | €10k | €9k | €11k | ▲ 26.4% |
| Furniture and vehicles24 | - | €2k | €1k | €40k | €34k | ▼ 16.4% |
| Financial fixed assets28 | €50 | €50 | €50 | €50 | €50 | = |
| Current assets29/58 | €321k | €331k | €401k | €416k | €462k | ▲ 11.1% |
| Stocks and contracts in progress3 | - | €2k | €2k | €3k | €14k | ▲ 332% |
| Stocks30/36 | - | €2k | €2k | €3k | €14k | ▲ 332% |
| Amounts receivable within one year40/41 | €97k | €117k | €262k | €167k | €304k | ▲ 82.0% |
| Trade receivables40 | - | €12k | €12k | €16k | €14k | ▼ 11.2% |
| Other amounts receivable41 | - | €105k | €250k | €151k | €289k | ▲ 92.0% |
| Current investments50/53 | €42k | €56k | €21k | €23k | - | - |
| Cash at bank and in hand54/58 | €182k | €155k | €115k | €220k | €141k | ▼ 35.6% |
| Deferred charges and accrued income490/1 | - | - | €170 | €2k | €2k | ▼ 5.1% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €345k | €347k | €424k | €475k | €515k | ▲ 8.5% |
| Equity10/15 | €302k | €337k | €404k | €459k | €350k | ▼ 23.8% |
| Contributions10/11 | - | €19k | €19k | €19k | €19k | = |
| Reserves13 | €283k | €318k | €386k | €440k | €330k | ▼ 25.0% |
| Non-distributable reserves130/1 | - | €2k | - | - | - | - |
| Reserves not available under the articles1311 | - | €2k | - | - | - | - |
| Distributable reserves133 | - | €316k | €386k | €440k | €330k | ▼ 25.0% |
| Profit (loss) carried forward14 | - | - | - | €17 | €908 | ▲ 5,392% |
| Amounts payable17/49 | €43k | €10k | €19k | €16k | €166k | ▲ 911% |
| Amounts payable within one year42/48 | €43k | €10k | €19k | €16k | €166k | ▲ 911% |
| Trade debts44 | €6k | €2k | €13k | €6k | €6k | ▲ 7.2% |
| Suppliers440/4 | - | €2k | €13k | €6k | €6k | ▲ 7.2% |
| Taxes, remuneration and social security45 | - | €8k | €4k | €8k | €7k | ▼ 13.0% |
| Taxes450/3 | - | €7k | €3k | €7k | €6k | ▼ 14.5% |
| Remuneration and social security454/9 | - | €862 | €785 | €785 | €785 | = |
| Other amounts payable47/48 | - | €314 | €2k | €3k | €153k | ▲ 4,884% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €49k | €35k | €68k | €54k | €53k | ▼ 2.3% |
| + Depreciation and write-downs630 | €1k | €2k | €2k | €13k | €14k | ▲ 10.8% |
| Operating cash flow (approximation) | €51k | €37k | €70k | €67k | €67k | ▲ 0.2% |
| Investment in fixed assets (approximation) | - | €6k | €-10k | €-49k | €-8k | ▲ 83.4% |
| Change in cash | - | €-27k | €-40k | €104k | €-78k | ▼ 175% |
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
2026
07-09
State Gazette act
Registered officeRegistered-office move · Power of attorney3 facts ▸
State Gazette act
Registered office
Registered-office move · Power of attorney3 facts ▸
- Board meeting, 01-07-2026
- Registered-office move, Magdalenastraat 22, 8940 Wervik
- Power of attorney
2025
02-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
01-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
03-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Highest result since 2018net €68k ▲93.7%
Operating result €98k, net result €68k, both a record.
05-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Weakest financial yearnet €35k ▼28.8%
Net result drops to €35k, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity quadruplescurrent ratio 32.99
Current ratio from 7.39 to 32.99; short-term debt falls from €43k to €10k.
29-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
10-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
03-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
30-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
04-07
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 4 acts read
About the unread acts
Of the 4 Belgian State Gazette acts we know for this company, 1 has been read. The other 3 have not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
4 acts for this company are in the Belgian State Gazette, of which we have read 1. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Wervik · 1 establishment unit since 2014
Ground area
6,953 m²
Building footprint
176 m²
Volume, LiDAR
846 m³
2 parcels, Flanders · tallest building 7.1 m, ±2 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
Berghman
since 20142.226.927.285
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 36012D1490/00C000 | Flanders | 6,638 m² | 1 · 176 m² | 7.1 m · 2 fl. |
| 33029C0298/00G002 | Flanders | 314 m² | - | - |
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 · 3 entries · 750 EUR awarded · 750 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 525 EUR | 525 EUR |
| 2024 | 1 | 150 EUR | 150 EUR |
| 2022 | 1 | 75 EUR | 75 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 82,553 companies in sector 70200 we hold annual accounts for 52,585. 37,243 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
Founded24-01-2014
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
47730Retail sale of pharmaceutical products
Scores and ratios are computed by Checked and are not a credit decision.