BERKHOUT CONCEPT
ActiveBERKHOUT CONCEPT has been active since 1995 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.28M and a net result of €179k. Equity is growing by ~5.8% per year across the filed fiscal years. Its solvency ranks better than 52% of 238 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
70
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability76▲+1
Solvency66▼-5
Growth52=
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €85k at 30 days acceptable
Liquidity short (current ratio 0.65 against 0.69 in 2024; short-term debt: 30.3% and cash: 10.2% of total assets), and 59.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven 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 · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 31
Relative position
BE, all sectors
reference
Sector 31
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
40.6%
Return on assets
5.7%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-06-2026, 31 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
31 d early
2024
37 d early
2023
2 d early
2022
29 d late
2021
30 d early
2020
9 d early
2019
1 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
23-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
€0
2023 · €0
2022: €0
2023: €0
2022 → 2024
EBIT margin
Not included in this filing
Net result
€179k▼ 0.9%
2024 · €181k
2018: €202k
2019: €63k
2020: €126k
2021: €184k
2022: €173k
2023: €152k
2024: €181k
2018 → 2025
Working capital
€-331k▼ 101%
2024 · €-165k
2018: €-232k
2019: €-179k
2020: €-202k
2021: €-122k
2022: €135k
2023: €-206k
2024: €-165k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€0€0€0
Equity€1.46M-€1.52M▲ 4.3%€1.47M▼ 3.3%€1.58M▲ 8.0%€1.28M▼ 19.2%
Operating result€142k-€165k▲ 16.1%€171k▲ 3.7%€177k▲ 3.9%€184k▲ 3.7%
Net result€184k-€173k▼ 5.7%€152k▼ 12.5%€181k▲ 19.2%€179k▼ 0.9%
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2025 is 4% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.15M
Fixed assets
€2.53M▼ 18.1%
Current assets
€624k▲ 71.3%
Equity and liabilities €3.15M
Equity
€1.28M▼ 19.2%
Provisions
€2k=
Debt
€1.87M▲ 0.3%
The debt ratio rises from 54.0% to 59.3%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€341k▼
2024 · €368k
Cash flow
€336k▼
2024 · €371k
Solvency
40.6%▼
2024 · 45.9%
Current ratio
0.65▼
2024 · 0.69
Quick ratio
0.60▲
2024 · 0.59
Debt / equity
1.46▲
2024 · 1.18
ROE
14.0%▲
2024 · 11.4%
ROA
5.7%▲
2024 · 5.2%
Interest coverage
12.95▲
2024 · 12.23
Debt
€1.87M▲
2024 · €1.86M
Debt ≤ 1 year
€956k▲
2024 · €529k
Debt > 1 year
€878k▼
2024 · €1.30M
Income taxes
€58k▲
2024 · €56k
Staff costs
€416
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€3.45M€3.15M▼
Fixed assets21/28€3.09M€2.53M▼
Intangible fixed assets21€0€0=
Tangible fixed assets22/27€2.34M€1.78M▼
Land and buildings22€2.31M€1.70M▼
Furniture and vehicles24€27k€76k▲
Financial fixed assets28€748k€748k=
Current assets29/58€365k€624k▲
Stocks and contracts in progress3€50k€50k=
Stocks30/36€50k€50k=
Amounts receivable within one year40/41€261k€246k▼
Trade receivables40€55k€51k▼
Other amounts receivable41€206k€195k▼
Cash at bank and in hand54/58€50k€323k▲
Deferred charges and accrued income490/1€4k€6k▲
Equity and liabilities
Total equity and liabilities10/49€3.45M€3.15M▼
Equity10/15€1.58M€1.28M▼
Contributions10/11€69k€69k=
Reserves13€1.52M€1.21M▼
Distributable reserves133€1.52M€1.21M▼
Profit (loss) carried forward14€1k€1k=
Provisions and deferred taxes16€2k€2k=
Provisions for liabilities and charges160/5€2k€2k=
Environmental obligations163€2k€2k=
Amounts payable17/49€1.86M€1.87M▲
Amounts payable after more than one year17€1.30M€878k▼
Financial debts170/4€965k€798k▼
Other amounts payable178/9€333k€81k▼
Amounts payable within one year42/48€529k€956k▲
Current portion of amounts payable after more than one year42€222k€224k▲
Trade debts44€19k€27k▲
Suppliers440/4€19k€27k▲
Taxes, remuneration and social security45€18k€36k▲
Taxes450/3€18k€36k▲
Other amounts payable47/48€270k€669k▲
Accrued charges and deferred income492/3€36k€36k▲
Income statement
Code20242025
Turnover70€0-
Goods, raw materials, services and sundry goods60/61€0-
Remuneration, social security and pensions62-€416
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€191k€157k▼
Other operating charges640/8€31k€36k▲
Gross operating margin9900€399k€377k▼
Operating profit (loss)9901€177k€184k▲
Financial income75/76B€90k€80k▼
Recurring financial income75€90k€80k▼
Financial charges65/66B€30k€26k▼
Recurring financial charges65€30k€26k▼
Profit (loss) for the period before taxes9903€237k€237k▲
Income taxes67/77€56k€58k▲
Profit (loss) for the period9904€181k€179k▼
Profit (loss) for the period to be appropriated9905€181k€179k▼
Appropriation of the result
Profit (loss) to be appropriated9906€182k€180k▼
Profit (loss) brought forward from the previous period14P€1k€1k=
Transfer from equity791/2€63k€483k▲
Transfer to equity691/2€181k€179k▼
To other reserves6921€181k€179k▼
Profit to be distributed694/7€63k€483k▲
Return on contributions (dividend)694€63k€483k▲
The notes to these accounts (15 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
30-06
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
24-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
29-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
29-08
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 29 days late
2022
31-12
Financial
Liquidity doublescurrent ratio 1.32
Current ratio from 0.53 to 1.32.
01-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
22-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
30-07
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
31-12
Financial
Weakest financial yearnet €63k ▼68.8%
Net result drops to €63k, the lowest in the series; recovery starts the following year.
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 29 days late
2018
13-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
26-09
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 57 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Messancy · 1 establishment unit since 1995
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.
Rue des Ardennes,Wolkrange 826780 MessancyGround area
5,022 m²
Building footprint
984 m²
Volume, LiDAR
10,253 m³
Parcel 81023B0643/00H000, Wallonia · tallest building 12.0 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
Rue des Ardennes,Buvange 82, 6780 Messancy
since 19952.072.267.517
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 81023B0643/00H000 | Wallonia | 5,022 m² | 1 · 984 m² | 12.0 m · 4 fl. |
Linked by address, not proof of ownership
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.
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Of 619 companies in sector 31002 we hold annual accounts for 349. 209 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded23-03-1995
Fiscal year end31-12
Activities, NACEBEL
31002Manufacture of furniture
36130
47551Retail sale of household furniture
47591Retail trade
52441
Sources
Crossroads Bank for EnterprisesNational Bank · 31 filingsAddress and cadastre registers
Data from official sources, last processed on 23-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesPhone:061/26.60.71
Fax:034/01.71.31