BERNARD
ActiveSummary
BERNARD has been active since 1982 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €205,737 and a net result of -€40,183. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 95% of 11472 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability0▼-100
Solvency100=
Growth32▼-26
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €13,000 at 30 days acceptable
Liquidity ample (current ratio 28.9; short-term debt: 2.3% and cash: 14.1% of total assets), and 2.3% 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 →
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 12-06-2026, 49 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
49 d early
2024
60 d late
2023
8 d early
2022
on the day
2021
26 d late
2020
31 d late
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 13 days after 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.
Companies Code · seven monthsPosition in the running window
27-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€40,183
2024 · €304,330
Working capital
€138,082▼ 20.6%
2024 · €173,888
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result-€99,200▲ 53.8%€6,934-€32,111€299,928-€39,859
Net result-€97,812▲ 54.4%€8,247-€30,844€304,330-€40,183
Equity-€25,630-€18,341▲ 28.4%-€50,144▼ 173%€245,920€205,737▼ 16.3%
Total assets€682,099▼ 17.6%€685,197▲ 0.5%€620,983▼ 9.4%€263,970▼ 57.5%€210,685▼ 20.2%
Debt€704,879▼ 6.2%€701,280▼ 0.5%€669,459▼ 4.5%€18,050▼ 97.3%€4,949▼ 72.6%
Working capital€407,855▼ 17.5%€391,159▼ 4.1%€318,183▼ 18.7%€173,888▼ 45.3%€138,082▼ 20.6%
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €39,859 after €299,928 in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €210,685
Fixed assets
€67,654 ▼ 23.5%
Current assets
€143,031 ▼ 18.5%
Equity and liabilities €210,685
Equity
€205,737 ▼ 16.3%
Debt
€4,949 ▼ 72.6%
Debt's share of the balance-sheet total falls from 6.8% to 2.3%. Equity and debt are lower.
Key figures and ratios
EBITDA
-€32,677▼
2024 · €311,831
Cash flow
-€33,000▼
2024 · €316,232
Current ratio
28.90
Debt to equity
0.02▼
2024 · 0.07
ROE
-19.5%▼
2024 · 123.8%
ROA
-19.1%▼
2024 · 115.3%
Interest coverage
-178.69▼
2024 · 4896.07
Debt ≤ 1 year
€4,949▲
2024 · €1,693
Income taxes
€141▲
2024 · €140
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 5,827 companies that looked in July 2024 the way this one looks now, 1.5% went bankrupt within 24 months and 84% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a loss of 10% of the balance sheet or more
1.5%
went bankrupt
14%
stopped otherwise
84%
still going
A further 0.7% 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 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| 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% | 1.6% |
| 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 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 5,827 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 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €33,180 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €14,669 | €15,277 | €19,982 | €11,903 | €7,183 | ▼ 39.7% |
| Other operating charges640/8 | €1,549 | €3,146 | €4,123 | €3,788 | €14,262 | ▲ 276% |
| Gross operating margin9900 | -€82,982 | €25,357 | -€8,007 | €315,619 | -€18,415 | ▼ 106% |
| Operating profit (loss)9901 | -€99,200 | €6,934 | -€32,111 | €299,928 | -€39,859 | ▼ 113% |
| Financial income75/76B | €1,018 | €960 | €960 | €2,937 | - | - |
| Recurring financial income75 | €1,018 | €960 | €960 | €2,937 | - | - |
| Financial charges65/66B | €221 | €238 | €177 | €64 | €183 | ▲ 187% |
| Recurring financial charges65 | €221 | €238 | €177 | €64 | €183 | ▲ 187% |
| Profit (loss) for the period before taxes9903 | -€98,404 | €7,656 | -€31,329 | €302,801 | -€40,042 | ▼ 113% |
| Transfer from deferred taxes780 | €591 | €591 | €591 | €1,668 | - | - |
| Income taxes67/77 | - | - | €107 | €140 | €141 | ▲ 1.0% |
| Profit (loss) for the period9904 | -€97,812 | €8,247 | -€30,844 | €304,330 | -€40,183 | ▼ 113% |
| Transfer from tax-exempt reserves789 | €1,148 | €1,148 | €1,148 | €3,239 | - | - |
| Profit (loss) for the period to be appropriated9905 | -€96,664 | €9,396 | -€29,695 | €307,569 | -€40,183 | ▼ 113% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €682,099 | €685,197 | €620,983 | €263,970 | €210,685 | ▼ 20.2% |
| Fixed assets21/28 | €269,435 | €277,758 | €297,221 | €88,389 | €67,654 | ▼ 23.5% |
| Tangible fixed assets22/27 | €268,815 | €277,139 | €296,601 | €87,769 | €67,035 | ▼ 23.6% |
| Land and buildings22 | €257,757 | €248,498 | €248,261 | €51,332 | €51,332 | = |
| Furniture and vehicles24 | €11,058 | €28,641 | €48,340 | €36,438 | €15,703 | ▼ 56.9% |
| Financial fixed assets28 | €620 | €620 | €620 | €620 | €620 | = |
| Current assets29/58 | €412,664 | €407,439 | €323,762 | €175,580 | €143,031 | ▼ 18.5% |
| Stocks and contracts in progress3 | - | - | €7,950 | - | - | - |
| Stocks30/36 | - | - | €7,950 | - | - | - |
| Amounts receivable within one year40/41 | €393,344 | €123,284 | €119,109 | €93,448 | €113,383 | ▲ 21.3% |
| Trade receivables40 | €390,767 | €116,862 | €118,965 | €76,276 | €76,276 | = |
| Other amounts receivable41 | €2,577 | €6,422 | €144 | €17,172 | €37,107 | ▲ 116% |
| Cash at bank and in hand54/58 | €13,832 | €280,416 | €193,437 | €78,730 | €29,649 | ▼ 62.3% |
| Deferred charges and accrued income490/1 | €5,488 | €3,739 | €3,267 | €3,403 | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €682,099 | €685,197 | €620,983 | €263,970 | €210,685 | ▼ 20.2% |
| Equity10/15 | -€25,630 | -€18,341 | -€50,144 | €245,920 | €205,737 | ▼ 16.3% |
| Contributions10/11 | €37,184 | €37,184 | €37,184 | €37,184 | €37,184 | = |
| Revaluation surpluses12 | €5,330 | €5,330 | €5,330 | - | - | - |
| Reserves13 | €9,262 | €8,114 | €6,965 | €3,727 | €3,727 | = |
| Non-distributable reserves130/1 | €3,727 | €3,727 | €8 | €8 | €8 | = |
| Reserves not available under the articles1311 | €3,727 | €3,727 | €8 | €8 | €8 | = |
| Tax-exempt reserves132 | €5,536 | €4,387 | €3,239 | - | - | - |
| Distributable reserves133 | - | - | €3,718 | €3,718 | €3,718 | = |
| Profit (loss) carried forward14 | -€82,260 | -€72,864 | -€102,559 | €205,009 | €164,826 | ▼ 19.6% |
| Investment grants15 | €4,853 | €3,895 | €2,937 | - | - | - |
| Provisions and deferred taxes16 | €2,851 | €2,259 | €1,668 | - | - | - |
| Deferred taxes168 | €2,851 | €2,259 | €1,668 | - | - | - |
| Amounts payable17/49 | €704,879 | €701,280 | €669,459 | €18,050 | €4,949 | ▼ 72.6% |
| Amounts payable after more than one year17 | €700,000 | €685,000 | €663,879 | €16,357 | - | - |
| Financial debts170/4 | €700,000 | €685,000 | - | - | - | - |
| Other amounts payable178/9 | - | - | €663,879 | €16,357 | - | - |
| Amounts payable within one year42/48 | €4,809 | €16,280 | €5,579 | €1,693 | €4,949 | ▲ 192% |
| Trade debts44 | €1,210 | €16,030 | €1,700 | €53 | €4,594 | ▲ 8,590% |
| Suppliers440/4 | €1,210 | €16,030 | €1,700 | €53 | €4,594 | ▲ 8,590% |
| Taxes, remuneration and social security45 | €2,350 | €124 | €3,879 | €1,640 | €354 | ▼ 78.4% |
| Taxes450/3 | €2,350 | €124 | €3,879 | €1,640 | €354 | ▼ 78.4% |
| Other amounts payable47/48 | €1,250 | €126 | - | - | - | - |
| Accrued charges and deferred income492/3 | €69 | - | - | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€97,812 | €8,247 | -€30,844 | €304,330 | -€40,183 | ▼ 113% |
| + Depreciation and write-downs630 | €14,669 | €15,277 | €19,982 | €11,903 | €7,183 | ▼ 39.7% |
| Operating cash flow (approximation) | -€83,144 | €23,524 | -€10,862 | €316,232 | -€33,000 | ▼ 110% |
| Investment in fixed assets (approximation) | - | -€23,600 | -€39,444 | €196,929 | €13,552 | ▼ 93.1% |
| Change in cash | - | €266,583 | -€86,979 | -€114,707 | -€49,081 | ▲ 57.2% |
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
24-07
State Gazette act
RestructuringMerger · Shareholding · Incorporation10 facts ▸
State Gazette act
Restructuring
Merger · Shareholding · Incorporation10 facts ▸
- Merger, absorption, article 12:50 du Code des Sociétés et associations
- Shareholding, 100
- Incorporation, 29-06-1982
- Statutes amendment
- Statutes amendment
- Incorporation, 26-01-1998
- Statutes amendment
- Accounting effect, 31-12-2025
- Other statement, droits spéciaux et titres
- Other statement, avantages particuliers
12-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
29-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 60 days late
2024
31-12
Financial
Back to profitnet €304,330
Net result €304,330 after one loss-making year.
31-12
Financial
Equity above €200,000Eq €245,920
Equity rises from -€50,144 to €245,920.
23-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Liquidity doublescurrent ratio 58.03
Current ratio from 25.03 to 58.03; short-term debt falls from €16,280 to €5,579.
31-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial
Back to profitnet €8,247
Net result €8,247 after 2 loss-making years.
26-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 26 days late
2021
31-12
Financial
Liquidity times 8current ratio 85.80
Current ratio from 11.03 to 85.80; short-term debt falls from €49,297 to €4,809.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 31 days late
Show earlier events
2020
31-12
Financial
Weakest financial yearnet -€214,670
Net result drops to -€214,670, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity doublescurrent ratio 11.03
Current ratio from 4.54 to 11.03; short-term debt falls from €204,303 to €49,297.
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 31 days late
2019
26-06
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 31 days late
2017
29-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 29 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 5 acts read
About the unread acts
Of the 5 Belgian State Gazette acts we know for this company, 1 has been read. The other 4 have not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
5 acts for this company are in the Belgian State Gazette, of which we have read 1. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Marche-en-Famenne · 1 establishment unit since 1982
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.
Humain, Rue de Thys 426900 Marche-en-Famenne1 establishment unit
Humain, Rue de Thys 42, 6900 Marche-en-Famenne
since 19822.020.721.717
Articles of association
Purpose
Le commerce de gros, le commerce de détail, l'importation, l'exportation, la location et l'engraissement d'animaux, le commerce généralement quelconque de denrées destinées à leur…
Full purpose (6 activities)
- Le commerce de gros, le commerce de détail, l'importation, l'exportation, la location et l'engraissement d'animaux, le commerce généralement quelconque de denrées destinées à leur alimentation
- La location et la mise à disposition de matériel et d'installations agricoles
- Toutes activités commerciales de représentation et d'intermédiaire en matière de matériel de production d'énergie en générale, de matières agricoles et d'élevage, de produits agricoles ou de tout produit ou matière ayant un rapport avec l'énergie ou l'agriculture
- Toutes opérations de consultance en matière de production et d'économie d'énergie et toutes autres matières liées à l'agriculture et à l'élevage en général
- Toutes opérations industrielles, commerciales, financières ou civiles, mobilières ou immobilières, se rapportant directement ou indirectement à son objet
- S'intéresser par toutes voies d'apports, de fusion, de souscription ou de toute autre manière, dans toutes affaires, entreprises, associations, sociétés ayant un objet identique, analogie, connexe ou complémentaire, ou de nature à favoriser ou faciliter le développement de son entreprise
Other statement
Frais de fusion, société absorbante
Projet de fusion mentionne au moins, Le dépôt doit avoir lieu six semaines au moins avant la décision de fusion mentionnée à l'article 12:53
Structure & network
Owners and holdings
1 holdingOwners 0
No owner stated in the accounts, acts or LEI register we read.
Holdings 1
- GERNYsubsidiarySourceact 24-07-2026100%
According to the annual accounts 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.
Acquisitions and mergers
1 transactionTook over:GERNY
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Of 943 companies in sector 46231 we hold annual accounts for 421. 345 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
Founded29-06-1982
Fiscal year end31-12
Activities, NACEBEL 2025
46231Wholesale of live animals
E-invoicing
Reachable via Peppol
Peppol ID
0208:0422856454
Registered
05-12-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.