BERINVEST IV
ActiveSummary
BERINVEST IV has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €174k and a net result of €-10k. Equity is shrinking by ~4.1% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2024
52
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability32▲+1
Solvency66▼-7
Growth32=
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €9k at 30 days acceptable
Liquidity short (current ratio 0.13 against 0.14 in 2023; short-term debt: 49.4% and cash: 5.7% of total assets), and 59% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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 · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
41%
Return on assets
-2.4%
Age of the figures
21 mo
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024Net result per financial year
18192021222324
2018 to 2024 · latest year €-10k
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 24-09-2025, 55 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
55 d late
2023
48 d late
2022
29 d late
2021
26 d early
2020
5 d early
2019
6 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€174k▼ 5.5%
2023 · €184k
2018: €224k
2019: €217k
2020: €210k
2021: €202k
2022: €193k
2023: €184k
2018 → 2024
Total assets
€424k▲ 10.1%
2023 · €385k
2018: €443k
2019: €434k
2020: €426k
2021: €410k
2022: €392k
2023: €385k
2018 → 2024
Net result
€-10k▼ 7.1%
2023 · €-9k
2018: €-6k
2019: €-7k
2020: €-7k
2021: €-7k
2022: €-9k
2023: €-9k
2018 → 2024
Working capital
€-182k▼ 32.3%
2023 · €-138k
2018: €-156k
2019: €-150k
2020: €-145k
2021: €-149k
2022: €-143k
2023: €-138k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€210k-€202k▼ 3.5%€193k▼ 4.5%€184k▼ 4.9%€174k▼ 5.5%
Operating result€-8k-€-8k▲ 1.3%€-10k▼ 21.7%€-10k▼ 3.3%€-11k▼ 7.1%
Net result€-7k-€-7k▲ 1.4%€-9k▼ 24.1%€-9k▼ 3.1%€-10k▼ 7.1%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €11k in 2024 against €10k in 2023; the loss grows and 2024 has the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €424k
Fixed assets
€397k ▲ 9.3%
Current assets
€27k ▲ 24.1%
Equity and liabilities €424k
Equity
€174k ▼ 5.5%
Provisions
€41k ▼ 2.0%
Debt
€209k ▲ 31.2%
Debt's share of the balance-sheet total rises from 41.5% to 49.4%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€5k▼
2023 · €5k
Cash flow
€6k▼
2023 · €6k
Current ratio
0.13▼
2023 · 0.14
Debt to equity
1.21▲
2023 · 0.87
ROE
-5.8%▼
2023 · -5.1%
ROA
-2.4%▲
2023 · -2.5%
Debt ≤ 1 year
€209k▲
2023 · €160k
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 · 36 lines
Balance sheet
Code20232024
Assets
Total assets20/58€385k€424k▲
Fixed assets21/28€363k€397k▲
Tangible fixed assets22/27€363k€397k▲
Land and buildings22€363k€397k▲
Current assets29/58€22k€27k▲
Amounts receivable within one year40/41€2k€1k▼
Trade receivables40€2k€1k▼
Other amounts receivable41€14€14=
Cash at bank and in hand54/58€18k€24k▲
Deferred charges and accrued income490/1€1k€2k▲
Equity and liabilities
Total equity and liabilities10/49€385k€424k▲
Equity10/15€184k€174k▼
Contributions10/11€190k€190k=
Capital10€190k€190k=
Issued capital100€190k€190k=
Reserves13€81k€79k▼
Tax-exempt reserves132€81k€79k▼
Profit (loss) carried forward14€-87k€-95k▼
Provisions and deferred taxes16€41k€41k▼
Deferred taxes168€41k€41k▼
Amounts payable17/49€160k€209k▲
Amounts payable within one year42/48€160k€209k▲
Other amounts payable47/48€160k€209k▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€16k€16k▲
Other operating charges640/8€3k€387▼
Gross operating margin9900€8k€5k▼
Operating profit (loss)9901€-10k€-11k▼
Financial income75/76B€46€106▲
Recurring financial income75€46€106▲
Profit (loss) for the period before taxes9903€-10k€-11k▼
Transfer from deferred taxes780€819€819=
Profit (loss) for the period9904€-9k€-10k▼
Transfer from tax-exempt reserves789€2k€2k=
Profit (loss) for the period to be appropriated9905€-8k€-9k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-87k€-95k▼
Profit (loss) brought forward from the previous period14P€-79k€-87k▼
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
24-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 55 days late
2024
31-12
Financial
Weakest financial yearnet €-10k
Net result drops to €-10k, the lowest in the series.
17-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 48 days late
2023
29-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 29 days late
2022
05-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
26-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
06-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 6 days late
2019
22-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
30-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
04-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
09-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 9 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 acts for this company are 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, Zaventem · 1 establishment unit since 2004
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.
Walenweg 411930 ZaventemGround area
7,149 m²
Building footprint
3,373 m²
Volume, LiDAR
18,710 m³
2 parcels, Flanders · tallest building 7.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
NV BERINVEST IV
since 20042.144.283.780
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23057C0244/00L002 | Flanders | 4,887 m² | 1 · 3,146 m² | 7.8 m · 2 fl. |
| 23057C0226/00G000 | Flanders | 2,261 m² | 1 · 227 m² | 7.2 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded28-06-2004
Fiscal year end31-12
Sources
Crossroads Bank for EnterprisesNational Bank · 20 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.