BERITHEQUE
ActiveSummary
BERITHEQUE has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€389,145) and a net result of -€67,542. Equity is shrinking by ~25.2% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 1.1% (low).
Financials · fiscal year 2025, abbreviated schema
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.
Peer companies
Historical observationOf the 1,242 companies that looked in July 2024 the way this one looks now, 1.9% went bankrupt within 24 months and 93% are still going.
- Small
- 20 years or older
- negative equity
- a small loss
A further 1.4% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 1.1% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,341 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 1,242 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €1,144 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €53,835 | €51,802 | €53,139 | €45,351 | €48,469 | ▲ 6.9% |
| Other operating charges640/8 | €9,471 | €5,873 | €5,902 | €7,157 | €8,609 | ▲ 20.3% |
| Gross operating margin9900 | €500 | €4,516 | -€1,146 | -€8,114 | -€9,062 | ▼ 11.7% |
| Operating profit (loss)9901 | -€62,805 | -€53,159 | -€60,187 | -€60,622 | -€66,139 | ▼ 9.1% |
| Financial income75/76B | €15,036 | - | - | - | €422 | - |
| Recurring financial income75 | €15,036 | - | - | - | €422 | - |
| Financial charges65/66B | €2,376 | €2,342 | €2,161 | €1,910 | €1,825 | ▼ 4.5% |
| Recurring financial charges65 | €2,376 | €2,342 | €2,161 | €1,910 | €1,825 | ▼ 4.5% |
| Profit (loss) for the period before taxes9903 | -€50,145 | -€55,501 | -€62,348 | -€62,532 | -€67,542 | ▼ 8.0% |
| Profit (loss) for the period9904 | -€50,145 | -€55,501 | -€62,348 | -€62,532 | -€67,542 | ▼ 8.0% |
| Profit (loss) for the period to be appropriated9905 | -€50,145 | -€55,501 | -€62,348 | -€62,532 | -€67,542 | ▼ 8.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.0m | €0.9m | €0.8m | €0.8m | €1.2m | ▲ 50.7% |
| Fixed assets21/28 | €0.9m | €0.9m | €0.8m | €0.8m | €0.9m | ▲ 11.1% |
| Tangible fixed assets22/27 | €0.9m | €0.9m | €0.8m | €0.8m | €0.9m | ▲ 11.1% |
| Land and buildings22 | €0.8m | €0.8m | €0.8m | €0.7m | €0.7m | ▼ 4.3% |
| Other tangible fixed assets26 | €0.08m | €0.09m | €0.08m | €0.07m | €0.2m | ▲ 176% |
| Current assets29/58 | €0.04m | €0.01m | €0.006m | €0.02m | €0.3m | ▲ 1,832% |
| Amounts receivable within one year40/41 | - | - | - | - | €0.009m | - |
| Trade receivables40 | - | - | - | - | €0.009m | - |
| Cash at bank and in hand54/58 | €0.04m | €0.008m | €0.005m | €0.02m | €0.3m | ▲ 2,061% |
| Deferred charges and accrued income490/1 | - | €0.002m | €0.002m | €0.002m | €0.003m | ▲ 34.8% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.0m | €0.9m | €0.8m | €0.8m | €1.2m | ▲ 50.7% |
| Equity10/15 | -€0.1m | -€0.2m | -€0.3m | -€0.3m | -€0.4m | ▼ 21.0% |
| Contributions10/11 | €0.5m | €0.5m | €0.5m | €0.5m | €0.5m | = |
| Capital10 | €0.5m | €0.5m | €0.5m | €0.5m | €0.5m | = |
| Issued capital100 | €0.5m | €0.5m | €0.5m | €0.5m | €0.5m | = |
| Profit (loss) carried forward14 | -€0.6m | -€0.7m | -€0.7m | -€0.8m | -€0.9m | ▼ 8.6% |
| Amounts payable17/49 | €1.1m | €1.1m | €1.1m | €1.1m | €1.6m | ▲ 42.2% |
| Amounts payable after more than one year17 | €0.2m | €0.2m | €0.2m | €0.1m | €0.1m | ▼ 10.5% |
| Financial debts170/4 | €0.2m | €0.2m | €0.2m | €0.1m | €0.1m | ▼ 10.5% |
| Amounts payable within one year42/48 | €0.9m | €0.9m | €0.9m | €1.0m | €1.5m | ▲ 50.1% |
| Current portion of amounts payable after more than one year42 | €0.01m | €0.01m | €0.02m | €0.02m | €0.02m | ▲ 1.0% |
| Trade debts44 | €0.006m | €0.001m | €0.002m | €0.001m | €0.05m | ▲ 4,971% |
| Suppliers440/4 | €0.006m | €0.001m | €0.002m | €0.001m | €0.05m | ▲ 4,971% |
| Other amounts payable47/48 | €0.9m | €0.9m | €0.9m | €1.0m | €1.4m | ▲ 45.6% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€50,145 | -€55,501 | -€62,348 | -€62,532 | -€67,542 | ▼ 8.0% |
| + Depreciation and write-downs630 | €53,835 | €51,802 | €53,139 | €45,351 | €48,469 | ▲ 6.9% |
| Operating cash flow (approximation) | €3,690 | -€3,699 | -€9,210 | -€17,181 | -€19,074 | ▼ 11.0% |
| Investment in fixed assets (approximation) | - | -€24,227 | €0 | -€4,240 | -€136,031 | ▼ 3,108% |
| Change in cash | - | -€32,902 | -€3,600 | €10,466 | €310,862 | ▲ 2,870% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.