Berghmans EC & Partners
ActiveBerghmans EC & Partners has been active since 1981 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €146k and a net result of €11k. Equity is growing by ~14.3% per year across the filed fiscal years. Its solvency ranks better than 80% of 26048 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2024
72
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability67▲+2
Solvency94▲+4
Growth78=
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €10k at 30 days acceptable
Liquidity ample (current ratio 3.3 against 2.85 in 2023; short-term debt: 29.4% and cash: 2.1% of total assets), and 30.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four 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 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
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 09-07-2025, 22 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
22 d early
2023
5 d early
2022
25 d early
2021
19 d late
2020
59 d late
2019
10 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€146k▲ 8.3%
2023 · €135k
2018: €57k
2019: €62k
2020: €93k
2021: €109k
2022: €125k
2023: €135k
2018 → 2024
Total assets
€210k▲ 1.6%
2023 · €207k
2018: €198k
2019: €186k
2020: €194k
2021: €194k
2022: €203k
2023: €207k
2018 → 2024
Net result
€11k▲ 11.5%
2023 · €10k
2018: €-372
2019: €4k
2020: €32k
2021: €16k
2022: €16k
2023: €10k
2018 → 2024
Working capital
€142k▲ 9.8%
2023 · €129k
2018: €45k
2019: €56k
2020: €92k
2021: €108k
2022: €126k
2023: €129k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€93k-€109k▲ 16.7%€125k▲ 14.6%€135k▲ 8.1%€146k▲ 8.3%
Operating result€33k-€17k▼ 48.2%€21k▲ 23.0%€22k▲ 4.3%€25k▲ 14.6%
Net result€32k-€16k▼ 50.7%€16k▲ 2.3%€10k▼ 36.8%€11k▲ 11.5%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2021 the operating result has climbed three years in a row; 2024 is 15% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €210k
Fixed assets
€7k▼ 17.9%
Current assets
€204k▲ 2.3%
Equity and liabilities €210k
Equity
€146k▲ 8.3%
Debt
€64k▼ 11.1%
The debt ratio falls from 34.8% to 30.5%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€27k▲
2023 · €22k
Cash flow
€13k▲
2023 · €10k
Solvency
69.5%▲
2023 · 65.2%
Current ratio
3.30▲
2023 · 2.85
Quick ratio
0.10▼
2023 · 0.15
Debt / equity
0.44▼
2023 · 0.53
ROE
7.7%▲
2023 · 7.5%
ROA
5.3%▲
2023 · 4.9%
Interest coverage
4.96▲
2023 · 4.85
Debt
€64k▼
2023 · €72k
Debt ≤ 1 year
€62k▼
2023 · €70k
Income taxes
€9k▲
2023 · €7k
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€207k€210k▲
Fixed assets21/28€8k€7k▼
Tangible fixed assets22/27€7k€5k▼
Plant, machinery and equipment23€7k€5k▼
Financial fixed assets28€1k€1k=
Current assets29/58€199k€204k▲
Stocks and contracts in progress3€189k€198k▲
Stocks30/36€189k€198k▲
Amounts receivable within one year40/41€3k€2k▼
Trade receivables40€3k€2k▼
Cash at bank and in hand54/58€8k€4k▼
Equity and liabilities
Total equity and liabilities10/49€207k€210k▲
Equity10/15€135k€146k▲
Contributions10/11€19k€19k=
Reserves13€116k€127k▲
Tax-exempt reserves132€892€892=
Distributable reserves133€115k€126k▲
Amounts payable17/49€72k€64k▼
Amounts payable within one year42/48€70k€62k▼
Trade debts44€21k€22k▲
Suppliers440/4€21k€22k▲
Taxes, remuneration and social security45€13k€16k▲
Taxes450/3€13k€16k▲
Other amounts payable47/48€36k€24k▼
Accrued charges and deferred income492/3€2k€2k▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€178€1k▲
Other operating charges640/8€4k€3k▼
Gross operating margin9900€26k€30k▲
Operating profit (loss)9901€22k€25k▲
Financial charges65/66B€5k€5k▲
Recurring financial charges65€5k€5k▲
Profit (loss) for the period before taxes9903€17k€20k▲
Income taxes67/77€7k€9k▲
Profit (loss) for the period9904€10k€11k▲
Profit (loss) for the period to be appropriated9905€10k€11k▲
Appropriation of the result
Profit (loss) to be appropriated9906€10k€11k▲
Transfer to equity691/2€10k€11k▲
To other reserves6921€10k€11k▲
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
09-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
26-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
06-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
19-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 19 days late
2021
31-12
Financial
Equity above €100kEq €109k ▲16.7%
3 profitable years in a row build equity to €109k.
28-09
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 59 days late
2020
31-12
Financial
Highest result since 2018net €32k ▲609%
Operating result €33k, net result €32k, both a record.
10-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 10 days late
2019
31-12
Financial
Back to profitnet €4k
Net result €4k after one loss-making year.
21-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 21 days late
2018
20-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
28-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 28 days late
2016
19-07
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
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, Balen · 1 establishment unit since 1981
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.
Steegstraat 172490 BalenGround area
503 m²
Building footprint
149 m²
Volume, LiDAR
1,151 m³
Parcel 13003A0800/00S000, Flanders · tallest building 10.5 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Steegstraat 17, 2490 Balen
since 19812.019.736.671
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13003A0800/00S000 | Flanders | 503 m² | 1 · 149 m² | 10.5 m · 3 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.
Public money · subsidies and aid
Flemish government
2023 to 2024 · 2 entries · 298 EUR awarded · 297 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 149 EUR | 297 EUR |
| 2023 | 1 | 149 EUR | 0 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 2,016 companies in sector 47770 we hold annual accounts for 898. 710 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded09-02-1981
Fiscal year end31-12
Activities, NACEBEL
47770Retail sale of watches and jewellery
52484
47742Retail sale of prescription glasses, lenses and sunglasses
47782Retail trade
52485
52730
95250Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles
Sources
Crossroads Bank for EnterprisesNational Bank · 44 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
3 entriesE-mail:info@berghmans.be
Phone:003214816440
Fax:003214816441