Checked.be
Active
BE 0424.961.651Public limited company
Berimo
Kindermansstraat 3 ·1050 Elsene, Belgium· 43 yrs active
Sector: Wholesale of timber
(46832)
Conclusion
Berimo has been active since 1983 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €400k and a net result of €-161. Equity remains stable across the filed fiscal years (±1.6% per year). Its solvency ranks better than 90% of 15878 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.7% (low).
Based on the State Gazette, CBE and 3 annual accounts.
Key figures
| Equity | €400k |
| Net result | €-161 |
| Better than sector | 90% |
| Active | 43 yrs |
Financial profile
55
/ 100
Mixed profile: strong on stability, weaker on profitability.
All 5 axes are computed from data Checked has read.
Health
48
Profitability
0
Solvency
67
Growth
58
Stability
100
Bankruptcy probability (12 mo)
Risk Assessment
0 / 100
Low riskTrust signals
Long-established
Founded in 1983, 43 years in business.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.
Administrative Flags
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Checked score
48
/ 100
Fair
Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.
Indicative credit limit
€19k
estimate, not credit advice
Score history
25
2022
22
2023
48
2024
purely financial, excl. current insolvency signals
Score components
Liquidity
Current ratio 0.27 (< 1.0)
-10
Quick ratio
Quick ratio 0.01 (< 0.6)
-5
Leverage
Debt/equity 0.12 (< 1.0)
+10
Profitability
Negatieve ROE 0%
-10
Interest coverage
Interest coverage 13.7× (≥ 3×)
+8
Profit trend
Net profit up YoY
+5
Computed by Checked from the NBB filing for FY 2024. Indicative, not credit advice.
Financial overview
Annual accounts filed on 16-05-2025 with the NBB · fiscal year 2024 · micro schema
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
stable
Equity: stable across 3 fiscal years (±1.6%/year).
Solid line = filed figures · dashed = extended trend · area = indicative range.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
Sector comparison
Fiscal year 2024 · NACE 46, Wholesale trade · compared within the same schema type (micro schema)
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 89.1% | 39.5% | |
| Net result | €-161 | €5k | |
| Equity | €400k | €56k | |
| Gross operating margin | €6k | €26k | |
| Total assets | €449k | €175k |
€4k
-
22-24
€-161
+98.7%
22-24
€4k
-
22-24
€449k
+0.2%
22-24
€400k
0.0%
22-24
€-36k
-2.1%
22-24
€49k
+2.5%
22-24
€49k
+2.5%
22-24
0.27
+1.1%
22-24
0.01
+944.1%
22-24
89.1%
-0.3%
22-24
0.12
+2.5%
22-24
0.0%
+98.7%
22-24
0.0%
+98.7%
22-24
13.70
-
22-24
Figures by fiscal year and ratios
| Fiscal year | 2024 | 2023 | 2022 |
|---|---|---|---|
| Deposit | micro schema | micro schema | micro schema |
| Revenue | - | - | - |
| EBITDA | €4k | €-8k | €-5k |
| Net profit | €-161 | €-12k | €-9k |
| Cash flow | €4k | €-9k | €-6k |
| Staff costs | - | - | - |
| Income taxes | - | - | - |
| Dividends | - | - | - |
| Total assets | €449k | €448k | €443k |
| Equity | €400k | €400k | €413k |
| Debt | €49k | €48k | €30k |
| of which ≤ 1y | €49k | €48k | €30k |
| of which > 1y | - | - | - |
| Working capital | €-36k | €-35k | €-20k |
| Employees (FTE) | - | - | - |
Ratios (computed)
| 2024 | 2023 | 2022 | |
|---|---|---|---|
| Current ratio | 0.27 | 0.27 | 0.35 |
| Quick ratio | 0.01 | 0.00 | 0.01 |
| Working capital ratio | -8.0% | -7.8% | -4.4% |
| Solvency | 89.1% | 89.3% | 93.2% |
| Debt / equity | 0.12 | 0.12 | 0.07 |
| Long-term debt ratio | - | - | - |
| Interest coverage | 13.70 | -41.60 | -18.68 |
| Gross margin | - | - | - |
| Net margin | - | - | - |
| ROA | 0.0% | -2.8% | -2.0% |
| ROE | 0.0% | -3.1% | -2.1% |
| EBITDA margin | - | - | - |
| Days sales outstanding | - | - | - |
| Days payable outstanding | - | - | - |
| Inventory turnover | - | - | - |
| Days inventory (DSI) | - | - | - |
Balance-sheet composition 2024
Full annual accounts (21 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Balance sheet, Assets | ||||
| TOTAL ASSETS | 20/58 | €449k | €448k | €443k |
| Fixed assets | 21/28 | €436k | €435k | €432k |
| Tangible fixed assets | 22/27 | €435k | €435k | €432k |
| Financial fixed assets | 28 | €400 | €400 | €400 |
| Current assets | 29/58 | €13k | €13k | €10k |
| Stocks & contracts in progress | 3 | €13k | €13k | €10k |
| Cash & bank | 54/58 | €497 | €46 | €151 |
| Balance sheet, Equity & liabilities | ||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €449k | €448k | €443k |
| Equity | 10/15 | €400k | €400k | €413k |
| Contributions / capital | 10/11 | €193k | €193k | €193k |
| Reserves | 13 | €11k | €11k | €11k |
| Accumulated profits (losses) | 14 | €197k | €197k | €209k |
| Amounts payable | 17/49 | €49k | €48k | €30k |
| Amounts payable within one year | 42/48 | €49k | €48k | €30k |
| Trade debts payable within one year | 44 | - | - | €772 |
| Income statement | ||||
| Gross operating margin | 9900 | €6k | €-7k | €-4k |
| Operating result | 9901 | €158 | €-12k | €-8k |
| Financial charges | 65 | €319 | €202 | €292 |
| Result before taxes | 9903 | €-161 | €-12k | €-9k |
| Net result for the period | 9904 | €-161 | €-12k | €-9k |
| Result to be appropriated | 9905 | €-161 | €-12k | €-9k |
Legal Structure
| NACE primary | Wholesale of timber(46832) |
| Legal form | Public limited company(014) |
| Incorporation | 28-06-1983 |
| Status | Active |
| Postal code | 1050 |
Establishment units
Kindermansstraat 3, 1050 Elsene
since 19832.022.977.758
Real-estate footprint
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21447B0182/00W003 | Brussels | 518 m² | 1 · 230 m² | 21.0 m · 6 fl. |
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.
Updates
2025
16-05
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
19-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €-12k
Net result drops to €-12k, the lowest in the series; recovery starts the following year.
02-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
24-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 24 days late
2021
06-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 6 days late
2020
29-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 60 days late
2019
22-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
01-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
21-04
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
30-05
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Belgian State Gazette reading coverage
We know of 6 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Credit advice
Company registry (CBE)
Activities
Wholesale of timber46832
Names & trade names
| Legal nameFR | Berimo |
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