BERMAK
ActiveSummary
BERMAK has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €163,602 and a net result of €42,639. Equity is growing by ~48% per year across the filed fiscal years. Its solvency ranks better than 45% of 8765 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability84▲+3
Solvency72▲+7
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €11,000 at 30 days acceptable
Liquidity short (current ratio 0.79 against 0.49 in 2024; short-term debt: 49.9% and cash: 0% of total assets), and 53.4% 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○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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
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
46.6%
Return on assets
12.1%
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 27-07-2026, 4 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
4 d early
2024
20 d late
2023
5 d early
2022
42 d early
2021
37 d early
2020
16 d early
2019
31 d late
← 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 8 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% 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 27 July (4 of the last 5 filed years within 33 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 2025, abbreviated schema
Equity
€163,602▲ 35.2%
2024 · €120,963
Total assets
€351,086▲ 17.3%
2024 · €299,294
Net result
€42,639▲ 45.1%
2024 · €29,383
Working capital
-€37,551▲ 56.9%
2024 · -€87,210
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, 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
Line20212022202320242025
Operating result€82,647▲ 942%€63,872▼ 22.7%€57,763▼ 9.6%€54,936▼ 4.9%€78,629▲ 43.1%
Net result€82,378within the sector's middle half▲ 1,003%€53,621within the sector's middle half▼ 34.9%€34,059within the sector's middle half▼ 36.5%€29,383within the sector's middle half▼ 13.7%€42,639within the sector's middle half▲ 45.1%
Equity€3,901below the sector's middle half€57,521below the sector's middle half▲ 1,375%€91,581below the sector's middle half▲ 59.2%€120,963within the sector's middle half▲ 32.1%€163,602within the sector's middle half▲ 35.2%
Total assets€216,453below the sector's middle half▼ 0.5%€233,157below the sector's middle half▲ 7.7%€234,439below the sector's middle half▲ 0.5%€299,294below the sector's middle half▲ 27.7%€351,086within the sector's middle half▲ 17.3%
Debt€212,553▼ 28.2%€175,636▼ 17.4%€142,858▼ 18.7%€178,331▲ 24.8%€187,484▲ 5.1%
Working capital-€198,098below the sector's middle half▲ 28.8%-€151,037below the sector's middle half▲ 23.8%-€119,236below the sector's middle half▲ 21.1%-€87,210below the sector's middle half▲ 26.9%-€37,551within the sector's middle half▲ 56.9%
Solvency1.8%below the sector's middle half▲ 37.9pp24.7%below the sector's middle half▲ 22.9pp39.1%within the sector's middle half▲ 14.4pp40.4%within the sector's middle half▲ 1.4pp46.6%within the sector's middle half▲ 6.2pp
Current ratio0.07below the sector's middle half▲ 0.010.14below the sector's middle half▲ 0.070.15below the sector's middle half▲ 0.010.49below the sector's middle half▲ 0.340.79within the sector's middle half▲ 0.30
Return on assets (ROA)38.1%above the sector's middle half▲ 34.6pp23.0%above the sector's middle half▼ 15.1pp14.5%above the sector's middle half▼ 8.5pp9.8%within the sector's middle half▼ 4.7pp12.1%within the sector's middle half▲ 2.3pp
above
within
below
the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 43% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €351,086
Fixed assets
€213,578 ▼ 1.0%
Current assets
€137,508 ▲ 64.5%
Equity and liabilities €351,086
Equity
€163,602 ▲ 35.2%
Debt
€187,484 ▲ 5.1%
Debt's share of the balance-sheet total falls from 59.6% to 53.4%. Equity and debt are higher.
Key figures and ratios
EBITDA
€80,741▲
2024 · €57,186
Cash flow
€44,751▲
2024 · €31,632
Debt to equity
1.15▼
2024 · 1.47
ROE
26.1%▲
2024 · 24.3%
Interest coverage
7.42▼
2024 · 7.49
Debt ≤ 1 year
€175,059▲
2024 · €170,813
Income taxes
€25,112▲
2024 · €18,768
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €5,818 | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,722 | €718 | €1,817 | €2,250 | €2,113 | ▼ 6.1% |
| Other operating charges640/8 | €849 | €2,503 | €3,643 | €1,230 | €3,977 | ▲ 223% |
| Gross operating margin9900 | €85,218 | €67,093 | €63,222 | €58,416 | €84,718 | ▲ 45.0% |
| Operating profit (loss)9901 | €82,647 | €63,872 | €57,763 | €54,936 | €78,629 | ▲ 43.1% |
| Financial income75/76B | €1 | - | €3 | €853 | €10 | ▼ 98.8% |
| Recurring financial income75 | €1 | - | €3 | €853 | €10 | ▼ 98.8% |
| Financial charges65/66B | €270 | €1,365 | €2,756 | €7,638 | €10,888 | ▲ 42.5% |
| Recurring financial charges65 | €270 | €1,365 | €2,756 | €7,638 | €10,888 | ▲ 42.5% |
| Profit (loss) for the period before taxes9903 | €82,378 | €62,507 | €55,009 | €48,150 | €67,751 | ▲ 40.7% |
| Income taxes67/77 | - | €8,886 | €20,950 | €18,768 | €25,112 | ▲ 33.8% |
| Profit (loss) for the period9904 | €82,378 | €53,621 | €34,059 | €29,383 | €42,639 | ▲ 45.1% |
| Profit (loss) for the period to be appropriated9905 | €82,378 | €53,621 | €34,059 | €29,383 | €42,639 | ▲ 45.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €216,453 | €233,157 | €234,439 | €299,294 | €351,086 | ▲ 17.3% |
| Fixed assets21/28 | €201,999 | €209,059 | €213,652 | €215,691 | €213,578 | ▼ 1.0% |
| Tangible fixed assets22/27 | €2,149 | €9,209 | €13,802 | €15,841 | €13,728 | ▼ 13.3% |
| Plant, machinery and equipment23 | €906 | €693 | €479 | €266 | €53 | ▼ 80.0% |
| Furniture and vehicles24 | €1,243 | €465 | €203 | - | - | - |
| Other tangible fixed assets26 | - | €8,052 | €13,120 | €15,575 | €13,675 | ▼ 12.2% |
| Financial fixed assets28 | €199,850 | €199,850 | €199,850 | €199,850 | €199,850 | = |
| Current assets29/58 | €14,454 | €24,098 | €20,787 | €83,603 | €137,508 | ▲ 64.5% |
| Amounts receivable within one year40/41 | €13,439 | €20,109 | €16,816 | €47,548 | €134,842 | ▲ 184% |
| Trade receivables40 | €13,439 | €20,109 | €16,816 | €16,535 | €17,606 | ▲ 6.5% |
| Other amounts receivable41 | - | - | - | €31,013 | €117,237 | ▲ 278% |
| Cash at bank and in hand54/58 | €447 | €263 | €3,318 | €30,203 | €95 | ▼ 99.7% |
| Deferred charges and accrued income490/1 | €568 | €3,726 | €652 | €5,852 | €2,570 | ▼ 56.1% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €216,453 | €233,157 | €234,439 | €299,294 | €351,086 | ▲ 17.3% |
| Equity10/15 | €3,901 | €57,521 | €91,581 | €120,963 | €163,602 | ▲ 35.2% |
| Contributions10/11 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Reserves13 | €28,405 | €28,405 | €62,464 | €91,847 | €134,485 | ▲ 46.4% |
| Non-distributable reserves130/1 | €1,860 | €1,860 | - | - | - | - |
| Reserves not available under the articles1311 | €1,860 | €1,860 | - | - | - | - |
| Tax-exempt reserves132 | €26,545 | €26,545 | €26,545 | €26,545 | €26,545 | = |
| Distributable reserves133 | - | - | €35,919 | €65,302 | €107,940 | ▲ 65.3% |
| Profit (loss) carried forward14 | -€30,704 | €22,916 | €22,916 | €22,916 | €22,916 | = |
| Amounts payable17/49 | €212,553 | €175,636 | €142,858 | €178,331 | €187,484 | ▲ 5.1% |
| Amounts payable within one year42/48 | €212,553 | €175,136 | €140,022 | €170,813 | €175,059 | ▲ 2.5% |
| Current portion of amounts payable after more than one year42 | - | - | - | €3,055 | €3,570 | ▲ 16.9% |
| Trade debts44 | €1,340 | €9,835 | €1,293 | €1,175 | €6,051 | ▲ 415% |
| Suppliers440/4 | €1,340 | €9,835 | €1,293 | €1,175 | €6,051 | ▲ 415% |
| Taxes, remuneration and social security45 | €17,579 | €18,004 | €44,188 | €56,688 | €30,014 | ▼ 47.1% |
| Taxes450/3 | €14,179 | €15,404 | €41,269 | €52,223 | €25,531 | ▼ 51.1% |
| Remuneration and social security454/9 | €3,400 | €2,600 | €2,919 | €4,465 | €4,483 | ▲ 0.4% |
| Other amounts payable47/48 | €193,634 | €147,297 | €94,541 | €109,895 | €135,424 | ▲ 23.2% |
| Accrued charges and deferred income492/3 | - | €500 | €2,836 | €7,517 | €12,425 | ▲ 65.3% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €82,378 | €53,621 | €34,059 | €29,383 | €42,639 | ▲ 45.1% |
| + Depreciation and write-downs630 | €1,722 | €718 | €1,817 | €2,250 | €2,113 | ▼ 6.1% |
| Operating cash flow (approximation) | €84,100 | €54,339 | €35,876 | €31,632 | €44,751 | ▲ 41.5% |
| Investment in fixed assets (approximation) | - | -€7,778 | -€6,410 | -€4,289 | €0 | ▲ 100% |
| Change in cash | - | -€184 | €3,056 | €26,884 | -€30,107 | ▼ 212% |
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
27-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Equity above €150,000Eq €163,602 ▲35.2%
6 profitable years in a row build equity to €163,602.
20-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 20 days late
2024
31-12
Financial
Equity above €100,000Eq €120,963 ▲32.1%
5 profitable years in a row build equity to €120,963.
26-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
19-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
24-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Highest result since 2018net €82,378 ▲1,003%
Operating result €82,647, net result €82,378, both a record.
15-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Back to profitnet €7,467
Net result €7,467 after 2 loss-making years.
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 31 days late
2019
31-12
Financial
Weakest financial yearnet -€48,988
Net result drops to -€48,988, the lowest in the series; recovery starts the following year.
Show earlier events
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 29 days late
2018
29-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 29 days late
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 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
2 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, Lommel · 1 establishment unit since 2002
Ground area
2,869 m²
Building footprint
210 m²
Volume, LiDAR
1,137 m³
Parcel 72342A0847/00T000, Flanders · tallest building 9.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Wijerken 15, 3920 Lommel
since 20022.115.624.735
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 72342A0847/00T000 | Flanders | 2,869 m² | 1 · 210 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 31-12-2025 list no shareholders, and no other source names one.
Holdings 1
-
99%
According to the 2025 annual accounts of BERMAK 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
No current directors or connected companies found in the register.
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Of 82,641 companies in sector 70200 we hold annual accounts for 52,636. 40,770 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
Founded06-09-2002
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
E-invoicing
Reachable via Peppol
Peppol ID
0208:0478281957
Also
9925:BE0478281957
Registered
30-01-2025
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.