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BERK

Active
Private limited companyfounded 200422 yrs activeTiendenstraat 15, 3690 Zutendaal, BelgiumKBO/BCE: BE 0864.186.064
Summary

BERK has been active since 2004 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 1 administrative register entry (see administrative flags). The 2024 annual accounts show negative equity (-€29,023) and a net result of €15,944. Equity remains stable across the filed fiscal years (±0% per year). Its solvency ranks better than 18% of 26049 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.5% (low).

Checked score

Score 2024
Axes · tick = 2023
Profitability79
Solvency11
Growth75▲+20
Track record92
Bankruptcy probability, 12 months
1.5% Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.68; short-term debt: 114.1% and cash: 9.6% of total assets), and equity is negative.
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Signals

Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
Retail trade (NACE 47)
about 45% more bankruptcies
← fewer bankruptcies more bankruptcies →
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 2024
Solvency, return and age of the figures
Solvency
-14.3%
Return on assets
7.8%
Age of the figures
21 mo
raises risk · Multiple establishment units
Several establishment units mean more fixed costs, and such companies fail more often than a company with one establishment.
KBO · establishment units
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 22 years 0 30 y
raises risk · Ex-officio strike-off
The KBO struck this company off ex officio, which points to unmet obligations and often precedes a bankruptcy.
KBO publications
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 18% of 26049 sector peers (2024).
NBB · sector comparison
Position among 26049 sector peers
Solvency
better than 18%
← weakest strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 25-08-2025, 25 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 filings
Deviation from the deadline
2025
not confirmed
2024
25 d late
2023
9 d early
2022
255 d late
2021
620 d late
2020
138 d late
2019
503 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 255 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 46% of the sector filed late.

raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publications
Publications
UBO non-compliance

History

BERK was incorporated on 18 March 2004.1 The company has filed 19 sets of annual accounts, the latest for fiscal year 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2024

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Financials · fiscal year 2024, micro schema

Equity
-€29,023▲ 35.5%
2023 · -€44,967
Total assets
€203,321
Net result
€15,944
Working capital
-€74,861
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20202021202220232024
Operating result€22,325
Net result€15,944within the sector's middle half
Equity-€44,967below the sector's middle half=-€44,967below the sector's middle half=-€44,967below the sector's middle half=-€44,967below the sector's middle half=-€29,023below the sector's middle half▲ 35.5%
Total assets€203,321within the sector's middle half
Debt€44,967=€44,967=€44,967=€44,967=€232,344▲ 417%
Working capital-€74,861below the sector's middle half
Solvency-14.3%below the sector's middle half
Current ratio0.68below the sector's middle half
Return on assets (ROA)7.8%within the sector's middle half
above within below the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€10,000€20,000Operating result 2024: €22,325€22,325Net result 2024: €15,944€15,94420202021202220232024€0€10,000€20,000Operating result 2024: €22,325€22,300Net result 2024: €15,944€15,900202220232024
2024 is the only fiscal year with figures: the operating result is €22,325.
Balance-sheet composition
Assets €203,321
Fixed assets €46,202
Current assets €157,120
Key figures and ratios
2024 value · change against 2023
EBITDA
€23,323
Cash flow
€16,942
Quick ratio
0.33
Debt to equity
-8.01▼
2023 · -1.00
Interest coverage
104.13
Debt ≤ 1 year
€231,980▲
2023 · €44,967
Income taxes
€6,157
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 3,798 companies that looked in July 2024 the way this one looks now, 2.5% went bankrupt within 24 months and 91% are still going.

  • Micro
  • 20 years or older
  • negative equity
  • a profit of 5% of the balance sheet or more
2.5% went bankrupt
5.3% stopped otherwise
91% still going

A further 0.8% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 1.5% 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 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.7%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% 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 3,798 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.

Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 40 lines
Balance sheet Code20232024
Assets
Total assets20/58-€203,321
Fixed assets21/28-€46,202
Tangible fixed assets22/27-€46,202
Plant, machinery and equipment23-€19,998
Furniture and vehicles24-€26,204
Current assets29/58-€157,120
Stocks and contracts in progress3-€79,596
Stocks30/36-€79,596
Amounts receivable within one year40/41-€57,134
Trade receivables40-€57,134
Cash at bank and in hand54/58-€19,604
Deferred charges and accrued income490/1-€786
Equity and liabilities
Total equity and liabilities10/49-€203,321
Equity10/15-€44,967-€29,023▲
Contributions10/11€18,600€18,600=
Reserves13€9,999€9,999=
Non-distributable reserves130/1€500€500=
Reserves not available under the articles1311€500€500=
Distributable reserves133€9,499€9,499=
Profit (loss) carried forward14-€73,566-€57,622▲
Amounts payable17/49€44,967€232,344▲
Amounts payable within one year42/48€44,967€231,980▲
Trade debts44-€91,497
Suppliers440/4-€91,497
Taxes, remuneration and social security45-€12,138
Taxes450/3-€12,138
Other amounts payable47/48€44,967€128,346▲
Accrued charges and deferred income492/3-€364
Income statement Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€998
Other operating charges640/8-€2,940
Gross operating margin9900-€26,263
Operating profit (loss)9901-€22,325
Financial charges65/66B-€224
Recurring financial charges65-€224
Profit (loss) for the period before taxes9903-€22,101
Income taxes67/77-€6,157
Profit (loss) for the period9904-€15,944
Profit (loss) for the period to be appropriated9905-€15,944
Appropriation of the result
Profit (loss) to be appropriated9906-€73,566-€57,622▲
Profit (loss) brought forward from the previous period14P-€73,566-€73,566=

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20202021202220232024Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630----€998-
Other operating charges640/8----€2,940-
Gross operating margin9900----€26,263-
Operating profit (loss)9901----€22,325-
Financial charges65/66B----€224-
Recurring financial charges65----€224-
Profit (loss) for the period before taxes9903----€22,101-
Income taxes67/77----€6,157-
Profit (loss) for the period9904----€15,944-
Profit (loss) for the period to be appropriated9905----€15,944-
Line20202021202220232024Change
Assets
Total assets20/58----€203,321-
Fixed assets21/28----€46,202-
Tangible fixed assets22/27----€46,202-
Plant, machinery and equipment23----€19,998-
Furniture and vehicles24----€26,204-
Current assets29/58----€157,120-
Stocks and contracts in progress3----€79,596-
Stocks30/36----€79,596-
Amounts receivable within one year40/41----€57,134-
Trade receivables40----€57,134-
Cash at bank and in hand54/58----€19,604-
Deferred charges and accrued income490/1----€786-
Equity and liabilities
Total equity and liabilities10/49€0---€203,321-
Equity10/15-€44,967-€44,967-€44,967-€44,967-€29,023▲ 35.5%
Contributions10/11€18,600€18,600€18,600€18,600€18,600=
Reserves13€9,999€9,999€9,999€9,999€9,999=
Non-distributable reserves130/1-€500€500€500€500=
Reserves not available under the articles1311-€500€500€500€500=
Distributable reserves133-€9,499€9,499€9,499€9,499=
Profit (loss) carried forward14-€73,566-€73,566-€73,566-€73,566-€57,622▲ 21.7%
Amounts payable17/49€44,967€44,967€44,967€44,967€232,344▲ 417%
Amounts payable within one year42/48€44,967€44,967€44,967€44,967€231,980▲ 416%
Trade debts44----€91,497-
Suppliers440/4----€91,497-
Taxes, remuneration and social security45----€12,138-
Taxes450/3----€12,138-
Other amounts payable47/48-€44,967€44,967€44,967€128,346▲ 185%
Accrued charges and deferred income492/3----€364-
Line20202021202220232024Change
Profit (loss) for the period9904----€15,944-
+ Depreciation and write-downs630----€998-
Operating cash flow (approximation)----€16,942-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2025
25-08
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 25 days late
2024
22-07
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
26-04
KBO administration UBO non-compliance
event 15-04-2024
11-04
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 255 days late
11-04
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 620 days late
2021
16-12
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 138 days late
16-12
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 503 days late
16-12
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 869 days late
2018
29-08
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 29 days late
2017
29-08
NBB filing Annual accounts filed
fiscal year 2016 · micro schema · 29 days late
2016
31-08
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema · 31 days late
SignalNBB filing
0 of 6 acts read
About the unread acts

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.

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Directors · office · real estate

Directors
6 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, Zutendaal · 2 establishment units since 2004
seat establishment All 2 establishment units on the map
Ground area
4,209 m²
Building footprint
1,707 m²
Volume, LiDAR
9,565 m³
2 parcels, Flanders · tallest building 8.6 m, ±2 floors. Linked by address, not a title deed.
2 companies at this address See who is registered here
2 establishment units
Auto's Berk - Berk Constructions
Tiendenstraat 15, 3690 ZutendaalGeneral construction of buildings
since 20042.136.775.980
Hacibey Slagerij
Hasseltweg 74, 3600 GenkRetail sale of meat and meat products, excluding game and poultry
since 20252.376.801.787
2 parcels
Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
71582E0431/00M020 Flanders 3,929 m² 1 · 1,163 m² 8.6 m · 1 fl.
71306G0035/00W071 Flanders 280 m² 1 · 544 m² 6.8 m · 2 fl.
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector and region

This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 10,663 companies in sector 47811 we hold annual accounts for 5,225. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded18-03-2004
Fiscal year end31-12
Activities, NACEBEL 2025
47811Retail sale of cars and light vans (up to 3.5 tonnes)
46180Agents specialised in the wholesale of other particular products
E-invoicing
Reachable via Peppol
Peppol ID 0208:0864186064
Also 9925:BE0864186064
Registered 16-02-2026

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 28 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.