BERILO
ActiveFinancials · financial year 2025, micro format
Annual accounts 2025 filed on 16-06-2026 at the NBB all 4 filings
Every figure per financial year
The operating result for 2025 is a profit of €8,127, after a loss of €2,321 in 2024.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Investments
| Item | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Tangible fixed assets | - | €1,079 | - | - |
| Depreciation and write-downs of the year | €2,217 | €4 | €216 | €216 |
Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €17,520 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2,217 | €4 | €216 | €216 | = |
| Other operating charges640/8 | €229 | €1,605 | €1,016 | €1,022 | ▲ 0.6% |
| Gross operating margin9900 | €35,146 | €16,126 | -€1,089 | €9,365 | - |
| Operating profit (loss)9901 | €32,699 | €14,518 | -€2,321 | €8,127 | - |
| Financial income75/76B | - | €58 | - | €0 | - |
| Recurring financial income75 | - | €58 | - | €0 | - |
| Financial charges65/66B | €40 | €564 | €963 | €1,821 | ▲ 89.0% |
| Recurring financial charges65 | €40 | €564 | €963 | €1,821 | ▲ 89.0% |
| Profit (loss) for the period before taxes9903 | €32,659 | €14,013 | -€3,284 | €6,306 | - |
| Income taxes67/77 | €6,976 | €6,872 | €1,840 | €5,419 | ▲ 195% |
| Profit (loss) for the period9904 | €25,683 | €7,140 | -€5,124 | €887 | - |
| Profit (loss) for the period to be appropriated9905 | €25,683 | €7,140 | -€5,124 | €887 | - |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €50,257 | €54,358 | €50,968 | €110,268 | ▲ 116% |
| Fixed assets21/28 | - | €1,075 | €859 | €644 | ▼ 25.1% |
| Tangible fixed assets22/27 | - | €1,075 | €859 | €644 | ▼ 25.1% |
| Furniture and vehicles24 | - | €1,075 | €859 | €644 | ▼ 25.1% |
| Current assets29/58 | €50,257 | €53,283 | €50,109 | €109,625 | ▲ 119% |
| Amounts receivable within one year40/41 | €24,036 | €48,794 | €47,964 | €107,513 | ▲ 124% |
| Trade receivables40 | €4,249 | €4,777 | €183 | €8,868 | ▲ 48× |
| Other amounts receivable41 | €19,788 | €44,017 | €47,781 | €98,645 | ▲ 106% |
| Cash at bank and in hand54/58 | €10,889 | €2,653 | €184 | €2,089 | ▲ 11× |
| Deferred charges and accrued income490/1 | €15,332 | €1,837 | €1,961 | €23 | ▼ 98.8% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €50,257 | €54,358 | €50,968 | €110,268 | ▲ 116% |
| Equity10/15 | €27,383 | €33,724 | €28,600 | €28,654 | ▲ 0.2% |
| Contributions10/11 | €2,500 | €2,500 | €2,500 | €2,500 | = |
| Profit (loss) carried forward14 | €24,883 | €31,224 | €26,100 | €26,154 | ▲ 0.2% |
| Amounts payable17/49 | €22,874 | €20,635 | €22,369 | €81,614 | ▲ 265% |
| Amounts payable within one year42/48 | €22,124 | €14,835 | €20,407 | €78,614 | ▲ 285% |
| Trade debts44 | €1,704 | €2,783 | €1,903 | €16,809 | ▲ 783% |
| Suppliers440/4 | €1,704 | €2,783 | €1,903 | €16,809 | ▲ 783% |
| Advances received on contracts in progress46 | - | - | €3,400 | €43,178 | ▲ 13× |
| Taxes, remuneration and social security45 | €19,529 | €11,252 | €15,104 | €17,795 | ▲ 17.8% |
| Taxes450/3 | €19,529 | €11,252 | €15,104 | €17,795 | ▲ 17.8% |
| Other amounts payable47/48 | €891 | €800 | - | €833 | - |
| Accrued charges and deferred income492/3 | €750 | €5,800 | €1,962 | €3,000 | ▲ 52.9% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €25,683 | €7,140 | -€5,124 | €887 | - |
| + Depreciation and write-downs630 | €2,217 | €4 | €216 | €216 | = |
| Operating cash flow (approximation) | €27,901 | €7,144 | -€4,908 | €1,103 | - |
| Investment in fixed assets (approximation) | - | - | €0 | €0 | - |
| Change in cash | - | -€8,237 | -€2,468 | €1,904 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 2,542 companies had the same profile as BERILO has now. Two years later, 95.0% were still going and 3.5% had gone bankrupt.
- Micro
- 2 to 5 years old
- solvency 10 to 30%
- a profit under 5% of the balance sheet
Another 0.3% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of BERILO itself: 1.4% within 12 months.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 2,542 companies, not a prediction for BERILO. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.