BERNACO
ActiveBERNACO has been active since 1991 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €766k and a net result of €45k. Equity is growing by ~12.8% per year across the filed fiscal years. Its solvency ranks better than 95% of 7757 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2025
86
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability76▼-5
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €65k at 30 days acceptable
Liquidity ample (current ratio 7.75 against 7.96 in 2024; short-term debt: 6% and cash: 33.8% of total assets), and 6.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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 43
Relative position
BE, all sectors
reference
Sector 43
higher
← 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
93.8%
Return on assets
5.4%
Age of the figures
15 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 26-01-2026, 5 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
5 d early
2024
on the day
2023
6 d early
2022
4 d early
2021
14 d early
2020
20 d early
2019
43 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close21-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€766k▲ 6.2%
2024 · €721k
2019: €395k
2020: €437k
2021: €499k
2022: €574k
2023: €648k
2024: €721k
2019 → 2025
Total assets
€817k▲ 7.0%
2024 · €763k
2019: €584k
2020: €604k
2021: €617k
2022: €651k
2023: €691k
2024: €763k
2019 → 2025
Net result
€45k▼ 38.9%
2024 · €73k
2019: €23k
2020: €42k
2021: €62k
2022: €75k
2023: €74k
2024: €73k
2019 → 2025
Working capital
€331k▲ 18.9%
2024 · €279k
2019: €-41k
2020: €-11k
2021: €57k
2022: €129k
2023: €204k
2024: €279k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€499k-€574k▲ 15.1%€648k▲ 12.9%€721k▲ 11.2%€766k▲ 6.2%
Operating result€87k-€62k▼ 28.5%€61k▼ 2.3%€60k▼ 2.2%€81k▲ 35.4%
Net result€62k-€75k▲ 21.7%€74k▼ 1.6%€73k▼ 1.8%€45k▼ 38.9%
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 35% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €817k
Fixed assets
€436k▼ 1.8%
Current assets
€380k▲ 19.3%
Equity and liabilities €817k
Equity
€766k▲ 6.2%
Debt
€51k▲ 21.8%
The debt ratio rises from 5.5% to 6.2%. Equity and debt are higher.
Key figures and ratios
EBITDA
€82k▲
2024 · €61k
Cash flow
€46k▼
2024 · €74k
Solvency
93.8%▼
2024 · 94.5%
Current ratio
7.75▼
2024 · 7.96
Quick ratio
7.75▼
2024 · 7.96
Debt / equity
0.07▲
2024 · 0.06
ROE
5.8%▼
2024 · 10.1%
ROA
5.4%▼
2024 · 9.5%
Interest coverage
32.41=
2024 · 32.40
Debt
€51k▲
2024 · €42k
Debt ≤ 1 year
€49k▲
2024 · €40k
Income taxes
€21k▲
2024 · €20k
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€763k€817k▲
Fixed assets21/28€444k€436k▼
Tangible fixed assets22/27€157k€162k▲
Land and buildings22€157k€162k▲
Financial fixed assets28€287k€274k▼
Current assets29/58€319k€380k▲
Amounts receivable within one year40/41€75k€105k▲
Trade receivables40€42k€72k▲
Other amounts receivable41€33k€33k▼
Cash at bank and in hand54/58€241k€276k▲
Deferred charges and accrued income490/1€3k€0▼
Equity and liabilities
Total equity and liabilities10/49€763k€817k▲
Equity10/15€721k€766k▲
Contributions10/11€19k€19k=
Reserves13€626k€671k▲
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Distributable reserves133€626k€671k▲
Profit (loss) carried forward14€76k€76k=
Amounts payable17/49€42k€51k▲
Amounts payable within one year42/48€40k€49k▲
Financial debts43€4k€4k▲
Credit institutions430/8€4k€4k▲
Trade debts44€3k€6k▲
Suppliers440/4€3k€6k▲
Taxes, remuneration and social security45€11k€10k▼
Taxes450/3€7k€7k▼
Remuneration and social security454/9€3k€3k▲
Other amounts payable47/48€23k€29k▲
Accrued charges and deferred income492/3€2k€2k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€1k▲
Other operating charges640/8€4k€4k▲
Gross operating margin9900€65k€87k▲
Operating profit (loss)9901€60k€81k▲
Financial income75/76B€35k€0▼
Recurring financial income75€35k€0▼
Financial charges65/66B€2k€15k▲
Recurring financial charges65€2k€3k▲
Non-recurring financial charges66B-€13k
Profit (loss) for the period before taxes9903€93k€66k▼
Income taxes67/77€20k€21k▲
Profit (loss) for the period9904€73k€45k▼
Profit (loss) for the period to be appropriated9905€73k€45k▼
Appropriation of the result
Profit (loss) to be appropriated9906€149k€121k▼
Profit (loss) brought forward from the previous period14P€76k€76k=
Transfer to equity691/2€73k€45k▼
To other reserves6921€73k€45k▼
Social balance
Average headcount (FTE)9087-0.0
The notes to these accounts (12 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
26-01
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-01
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
25-01
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
30-06
Financial
Liquidity doublescurrent ratio 6.02
Current ratio from 2.70 to 6.02; short-term debt falls from €76k to €41k.
27-01
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
30-06
Financial
Highest result since 2019net €75k ▲21.7%
Net result €75k, the highest in the series.
30-06
Financial
Equity above €500kEq €574k ▲15.1%
4 profitable years in a row build equity to €574k.
17-01
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
11-01
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2019
19-12
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2018
30-11
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2017
20-11
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2016
25-11
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Sint-Katelijne-Waver · 1 establishment unit since 1991
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.
Drevendaal 152860 Sint-Katelijne-WaverGround area
1,780 m²
Building footprint
691 m²
Volume, LiDAR
2,623 m³
Parcel 12422D0252/00E000, Flanders · tallest building 8.0 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
W. VERCAMMEN BVBA
since 19912.054.014.689
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12422D0252/00E000 | Flanders | 1,780 m² | 1 · 691 m² | 8.0 m · 1 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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TO BOOST
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SANI-TIP-TOP
BE 0424.616.015
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BIOSYNERGY
BE 0819.430.858
Ronse · Eq €768k
BART VANDERSTRAETEN
BE 0878.047.067
Oudenaarde · Eq €763k
Of 9,530 companies in sector 43222 we hold annual accounts for 5,661. 3,489 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded26-07-1991
Fiscal year end30-06
Activities, NACEBEL
43222Installation of electric heating, air conditioning, cooling and ventilation
Sources
Crossroads Bank for EnterprisesNational Bank · 34 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.