BERLONY
ActiveSummary
BERLONY has been active since 1981 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €723,697 and a net result of €9,627. Equity remains stable across the filed fiscal years (±1.2% per year). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability32▼-34
Solvency99▼-1
Growth52=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €45,000 at 30 days acceptable
Liquidity ample (current ratio 3.54 against 6.49 in 2023; short-term debt: 24.3% and cash: 1.3% of total assets), and 26.3% of the assets are financed with debt.
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Signals
Four 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 46
Relative position
BE, all sectors
reference
Wholesale trade (NACE 46)
about 21% more bankruptcies
← 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 2024Solvency, return and age of the figures
Solvency
73.7%
Return on assets
1%
Age of the figures
21 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
31 d early
2023
30 d early
2022
37 d early
2021
31 d early
2020
30 d early
2019
36 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 32 days before the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.
Checked, nothing found (2)
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. Usually files around 30 June (3 of the last 3 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2024, abbreviated schema
Equity
€723,697▲ 1.3%
2023 · €714,070
Total assets
€981,639▲ 17.5%
2023 · €835,295
Net result
€9,627▲ 262%
2023 · €2,663
Working capital
€604,682▲ 3.6%
2023 · €583,389
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 46, Wholesale 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-€14,434€28,451€37,789▲ 32.8%€8,625▼ 77.2%€11,305▲ 31.1%
Net result-€18,016below the sector's middle half€18,697within the sector's middle half€4,326below the sector's middle half▼ 76.9%€2,663within the sector's middle half▼ 38.4%€9,627within the sector's middle half▲ 262%
Equity€688,385within the sector's middle half▼ 2.6%€707,082within the sector's middle half▲ 2.7%€711,408within the sector's middle half▲ 0.6%€714,070within the sector's middle half▲ 0.4%€723,697within the sector's middle half▲ 1.3%
Total assets€835,583within the sector's middle half▲ 0.1%€877,698within the sector's middle half▲ 5.0%€833,612within the sector's middle half▼ 5.0%€835,295within the sector's middle half▲ 0.2%€981,639within the sector's middle half▲ 17.5%
Debt€147,198▲ 14.5%€170,616▲ 15.9%€122,204▼ 28.4%€121,225▼ 0.8%€257,942▲ 113%
Working capital€495,342within the sector's middle half▼ 2.8%€534,452within the sector's middle half▲ 7.9%€559,369within the sector's middle half▲ 4.7%€583,389within the sector's middle half▲ 4.3%€604,682within the sector's middle half▲ 3.6%
Solvency82.4%above the sector's middle half▼ 2.2pp80.6%above the sector's middle half▼ 1.8pp85.3%above the sector's middle half▲ 4.8pp85.5%above the sector's middle half▲ 0.1pp73.7%above the sector's middle half▼ 11.8pp
Current ratio4.65above the sector's middle half▼ 0.704.38above the sector's middle half▼ 0.276.16above the sector's middle half▲ 1.796.49above the sector's middle half▲ 0.333.54above the sector's middle half▼ 2.96
Return on assets (ROA)-2.2%below the sector's middle half▼ 8.3pp2.1%within the sector's middle half▲ 4.3pp0.5%below the sector's middle half▼ 1.6pp0.3%within the sector's middle half▼ 0.2pp1.0%within the sector's middle half▲ 0.7pp
Staff (FTE)0below the sector's middle half0below the sector's middle half
above
within
below
the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 31% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €981,639
Fixed assets
€138,489 ▼ 4.9%
Current assets
€843,150 ▲ 22.3%
Equity and liabilities €981,639
Equity
€723,697 ▲ 1.3%
Debt
€257,942 ▲ 113%
Debt's share of the balance-sheet total rises from 14.5% to 26.3%. Equity and debt are higher.
Key figures and ratios
EBITDA
€18,496▼
2023 · €28,830
Cash flow
€16,818▼
2023 · €22,868
Debt to equity
0.36▲
2023 · 0.17
ROE
1.3%▲
2023 · 0.4%
Interest coverage
1.43▼
2023 · 5.61
Debt ≤ 1 year
€238,468▲
2023 · €106,227
Income taxes
€5,301▲
2023 · €2,494
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 14,732 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 96% are still going.
- Small
- 20 years or older
- solvency 30% or more
- a profit under 5% of the balance sheet
0.2%
went bankrupt
3.5%
stopped otherwise
96%
still going
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.4% 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 497,340 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 14,732 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
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €19,820 | €19,541 | €19,096 | €20,205 | €7,191 | ▼ 64.4% |
| Other operating charges640/8 | - | €2,092 | €2,117 | €3,037 | €3,025 | ▼ 0.4% |
| Non-recurring operating charges66A | - | €540 | €554 | - | - | - |
| Gross operating margin9900 | €7,992 | €50,624 | €59,556 | €31,867 | €21,521 | ▼ 32.5% |
| Operating profit (loss)9901 | -€14,434 | €28,451 | €37,789 | €8,625 | €11,305 | ▲ 31.1% |
| Financial income75/76B | - | - | - | €1,675 | €16,570 | ▲ 889% |
| Recurring financial income75 | - | - | - | €1,675 | €16,570 | ▲ 889% |
| Financial charges65/66B | - | €4,741 | €5,742 | €5,143 | €12,947 | ▲ 152% |
| Recurring financial charges65 | €3,582 | €4,741 | €5,742 | €5,143 | €12,947 | ▲ 152% |
| Profit (loss) for the period before taxes9903 | -€18,016 | €23,710 | €32,047 | €5,157 | €14,928 | ▲ 189% |
| Income taxes67/77 | - | €5,013 | €27,721 | €2,494 | €5,301 | ▲ 113% |
| Profit (loss) for the period9904 | -€18,016 | €18,697 | €4,326 | €2,663 | €9,627 | ▲ 262% |
| Transfer from tax-exempt reserves789 | - | - | €66,700 | €0 | - | - |
| Profit (loss) for the period to be appropriated9905 | -€18,016 | €18,697 | €71,026 | €2,663 | €9,627 | ▲ 262% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €835,583 | €877,698 | €833,612 | €835,295 | €981,639 | ▲ 17.5% |
| Fixed assets21/28 | €204,522 | €184,981 | €165,885 | €145,680 | €138,489 | ▼ 4.9% |
| Tangible fixed assets22/27 | €164,522 | €144,981 | €125,885 | €105,680 | €98,489 | ▼ 6.8% |
| Land and buildings22 | - | €133,336 | €116,085 | €97,396 | €91,605 | ▼ 5.9% |
| Plant, machinery and equipment23 | - | €445 | - | - | - | - |
| Other tangible fixed assets26 | - | €11,200 | €9,800 | €8,283 | €6,883 | ▼ 16.9% |
| Financial fixed assets28 | €40,000 | €40,000 | €40,000 | €40,000 | €40,000 | = |
| Current assets29/58 | €631,060 | €692,717 | €667,727 | €689,615 | €843,150 | ▲ 22.3% |
| Amounts receivable within one year40/41 | €191,217 | €5,076 | €15,662 | €0 | €55,632 | - |
| Trade receivables40 | - | €4,885 | €15,449 | €0 | €55,000 | - |
| Other amounts receivable41 | - | €190 | €213 | €0 | €632 | - |
| Current investments50/53 | - | - | - | - | €775,000 | - |
| Cash at bank and in hand54/58 | €439,844 | €687,641 | €652,065 | €689,615 | €12,518 | ▼ 98.2% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €835,583 | €877,698 | €833,612 | €835,295 | €981,639 | ▲ 17.5% |
| Equity10/15 | €688,385 | €707,082 | €711,408 | €714,070 | €723,697 | ▲ 1.3% |
| Contributions10/11 | - | €38,000 | €38,000 | €38,000 | €38,000 | = |
| Reserves13 | €650,385 | €669,082 | €673,408 | €676,070 | €685,697 | ▲ 1.4% |
| Non-distributable reserves130/1 | - | €3,800 | €3,800 | €0 | - | - |
| Reserves not available under the articles1311 | - | €3,800 | €3,800 | €0 | - | - |
| Tax-exempt reserves132 | - | €66,700 | - | - | - | - |
| Distributable reserves133 | - | €598,582 | €669,608 | €676,070 | €685,697 | ▲ 1.4% |
| Amounts payable17/49 | €147,198 | €170,616 | €122,204 | €121,225 | €257,942 | ▲ 113% |
| Amounts payable within one year42/48 | €135,718 | €158,265 | €108,358 | €106,227 | €238,468 | ▲ 124% |
| Trade debts44 | €32,118 | €3,168 | €3,949 | €3,509 | €4,393 | ▲ 25.2% |
| Suppliers440/4 | - | €3,168 | €3,949 | €3,509 | €4,393 | ▲ 25.2% |
| Taxes, remuneration and social security45 | - | €15,474 | €35,165 | €5,804 | €7,388 | ▲ 27.3% |
| Taxes450/3 | - | €15,474 | €35,165 | €5,804 | €7,388 | ▲ 27.3% |
| Other amounts payable47/48 | - | €139,623 | €69,245 | €96,913 | €226,687 | ▲ 134% |
| Accrued charges and deferred income492/3 | - | €12,351 | €13,846 | €14,998 | €19,474 | ▲ 29.8% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€18,016 | €18,697 | €4,326 | €2,663 | €9,627 | ▲ 262% |
| + Depreciation and write-downs630 | €19,820 | €19,541 | €19,096 | €20,205 | €7,191 | ▼ 64.4% |
| Operating cash flow (approximation) | €1,804 | €38,238 | €23,422 | €22,868 | €16,818 | ▼ 26.5% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | - |
| Change in cash | - | €247,797 | -€35,576 | €37,550 | -€677,097 | ▼ 1,903% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
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
30-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
01-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
24-05
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
30-05
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
30-11
Financial
Back to profitnet €18,697
Net result €18,697 after one loss-making year.
31-05
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
30-11
Financial
Weakest financial yearnet -€18,016
Net result drops to -€18,016, the lowest in the series; recovery starts the following year.
25-05
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
30-11
Financial
Highest result since 2018net €51,490 ▲134%
Operating result €71,352, net result €51,490, both a record.
23-05
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
30-05
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
Show earlier events
22-01
State Gazette act
General meeting · Director resignation
Director appointment · Board meeting
22-01
State Gazette act
General meeting · Director resignation
Director appointment · Board meeting
2017
31-05
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2014
19-11
State Gazette act
Incorporation · Corporate purpose
Founding capital · Bank account
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 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
3 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, Zulte · 1 establishment unit since 1990
Ground area
1,710 m²
Building footprint
184 m²
Volume, LiDAR
1,098 m³
Parcel 44050A0456/00H000, Flanders · tallest building 9.1 m, ±2 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
BERLONY
since 19902.019.811.895
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44050A0456/00H000 | Flanders | 1,710 m² | 1 · 184 m² | 9.1 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Owners and holdings
1 holdingOwners 0
The accounts to 31-12-2024 list no shareholders, and no other source names one.
Holdings 1
-
21.28%
According to the 2024 annual accounts of BERLONY and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
1 connected companyThe connected companies are in the list below.
This company
Company
Director
Shareholding
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Linked via shared directors
FONDS DE SOLIDARITE DES AVOCATS ET DES HUISSIERS DE JUSTICE
Shared director
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Of 4,414 companies in sector 46180 we hold annual accounts for 1,892. 1,043 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded03-12-1981
Fiscal year end31-12
Activities, NACEBEL 2025
46180Agents specialised in the wholesale of other particular products
E-invoicing
Reachable via Peppol
Peppol ID
0208:0422207148
Registered
27-03-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.