BERNARDON M
ActiveSummary
BERNARDON M has been active since 1976 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €45,317 and a net result of €388. Equity remains stable across the filed fiscal years (±0.4% per year). Its solvency ranks better than 20% of 2438 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability31▲+10
Solvency41▼-1
Growth52=
Track record100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1,500 at 30 days only on tighter terms
Liquidity tight (current ratio 1.25 against 1.57 in 2023; short-term debt: 73.7% and cash: 0.8% of total assets), and 84% of the assets are financed with debt.
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Signals
Five 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 25
Relative position
BE, all sectors
reference
Manufacture of fabricated metal products, except machinery and equipment (NACE 25)
about 50% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
16%
Return on assets
0.1%
Age of the figures
21 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 20% of 2438 sector peers (2024).
NBB · sector comparisonPosition among 2438 sector peers
Solvency
better than 20%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 18-09-2025, 49 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
49 d late
2023
30 d late
2022
26 d late
2021
4 d late
2020
19 d late
2019
46 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 29 days after the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 35% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Equity
€45,317▲ 0.9%
2023 · €44,929
Total assets
€283,176▲ 5.7%
2023 · €267,968
Net result
€388
2023 · -€11,071
Working capital
€51,662▼ 41.7%
2023 · €88,581
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 25, Manufacture of fabricated metal products, except machinery and equipment, 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-€8,486€15,113€10,521▼ 30.4%€1,237▼ 88.2%€8,871▲ 617%
Net result-€16,910below the sector's middle half€5,396within the sector's middle half€6,493within the sector's middle half▲ 20.3%-€11,071below the sector's middle half€388within the sector's middle half
Equity€44,111within the sector's middle half▼ 27.7%€49,506within the sector's middle half▲ 12.2%€55,999within the sector's middle half▲ 13.1%€44,929within the sector's middle half▼ 19.8%€45,317within the sector's middle half▲ 0.9%
Total assets€315,851within the sector's middle half▲ 8.5%€332,526within the sector's middle half▲ 5.3%€270,614within the sector's middle half▼ 18.6%€267,968within the sector's middle half▼ 1.0%€283,176within the sector's middle half▲ 5.7%
Debt€271,740▲ 18.1%€283,020▲ 4.2%€214,615▼ 24.2%€223,039▲ 3.9%€237,860▲ 6.6%
Working capital€93,922within the sector's middle half▲ 42.6%€137,592above the sector's middle half▲ 46.5%€120,773above the sector's middle half▼ 12.2%€88,581within the sector's middle half▼ 26.7%€51,662within the sector's middle half▼ 41.7%
Solvency14.0%below the sector's middle half▼ 7.0pp14.9%below the sector's middle half▲ 0.9pp20.7%within the sector's middle half▲ 5.8pp16.8%below the sector's middle half▼ 3.9pp16.0%below the sector's middle half▼ 0.8pp
Current ratio1.48within the sector's middle half▲ 0.151.86within the sector's middle half▲ 0.381.97within the sector's middle half▲ 0.111.57within the sector's middle half▼ 0.401.25within the sector's middle half▼ 0.32
Return on assets (ROA)-5.4%below the sector's middle half▼ 11.2pp1.6%within the sector's middle half▲ 7.0pp2.4%within the sector's middle half▲ 0.8pp-4.1%below the sector's middle half▼ 6.5pp0.1%within the sector's middle half▲ 4.3pp
Staff (FTE)3.8above the sector's middle half=3.5▼ 7.9%2.7▼ 22.9%1.8▼ 33.3%2.1▲ 16.7%
above
within
below
the middle half (P25 to P75) of NACE 25, Manufacture of fabricated metal products, except machinery and equipment, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 617% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €283,176
Fixed assets
€22,948 ▲ 1.1%
Current assets
€260,229 ▲ 6.1%
Equity and liabilities €283,176
Equity
€45,317 ▲ 0.9%
Debt
€237,860 ▲ 6.6%
Debt's share of the balance-sheet total rises from 83.2% to 84.0%. Equity and debt are higher.
Key figures and ratios
EBITDA
€16,781▲
2023 · €11,460
Cash flow
€8,298▲
2023 · -€847
Quick ratio
0.45▼
2023 · 0.50
Debt to equity
5.25▲
2023 · 4.96
ROE
0.9%▲
2023 · -24.6%
Interest coverage
1.48▲
2023 · 0.95
Debt ≤ 1 year
€208,567▲
2023 · €156,698
Debt > 1 year
€29,293▼
2023 · €66,342
Income taxes
€2,360▲
2023 · €324
Staff costs
€147,961▲
2023 · €128,214
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 3,984 companies that looked in July 2024 the way this one looks now, 1.1% went bankrupt within 24 months and 97% are still going.
- Micro
- 20 years or older
- solvency 10 to 30%
- a profit under 5% of the balance sheet
1.1%
went bankrupt
2.3%
stopped otherwise
97%
still going
For this company itself Checked computes a bankruptcy probability of 0.5% 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 3,984 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 |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €7,750 | €11,523 | - | - | - |
| Remuneration, social security and pensions62 | - | €181,177 | €150,821 | €128,214 | €147,961 | ▲ 15.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €10,550 | €13,253 | €9,634 | €10,223 | €7,910 | ▼ 22.6% |
| Other operating charges640/8 | - | €4,884 | €4,169 | €4,327 | €4,489 | ▲ 3.7% |
| Non-recurring operating charges66A | - | - | €2,902 | - | - | - |
| Gross operating margin9900 | €184,524 | €214,428 | €178,047 | €144,001 | €169,231 | ▲ 17.5% |
| Operating profit (loss)9901 | -€8,486 | €15,113 | €10,521 | €1,237 | €8,871 | ▲ 617% |
| Financial income75/76B | - | €4,470 | €4,896 | €367 | €5,999 | ▲ 1,534% |
| Recurring financial income75 | €4,121 | €4,470 | €4,896 | €367 | €5,999 | ▲ 1,534% |
| Financial charges65/66B | - | €13,628 | €6,520 | €12,350 | €12,123 | ▼ 1.8% |
| Recurring financial charges65 | €11,860 | €13,081 | €6,520 | €12,070 | €11,323 | ▼ 6.2% |
| Non-recurring financial charges66B | - | €547 | - | €281 | €800 | ▲ 185% |
| Profit (loss) for the period before taxes9903 | -€16,225 | €5,955 | €8,897 | -€10,746 | €2,747 | ▲ 126% |
| Income taxes67/77 | €685 | €560 | €2,404 | €324 | €2,360 | ▲ 627% |
| Profit (loss) for the period9904 | -€16,910 | €5,396 | €6,493 | -€11,071 | €388 | ▲ 104% |
| Profit (loss) for the period to be appropriated9905 | -€16,910 | €5,396 | €6,493 | -€11,071 | €388 | ▲ 104% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €315,851 | €332,526 | €270,614 | €267,968 | €283,176 | ▲ 5.7% |
| Fixed assets21/28 | €24,706 | €34,378 | €25,254 | €22,690 | €22,948 | ▲ 1.1% |
| Tangible fixed assets22/27 | €24,706 | €34,378 | €25,254 | €22,690 | €22,948 | ▲ 1.1% |
| Land and buildings22 | - | €6,547 | €4,248 | €2,716 | €2,043 | ▼ 24.8% |
| Plant, machinery and equipment23 | - | €18,435 | €15,833 | €12,422 | €8,543 | ▼ 31.2% |
| Furniture and vehicles24 | - | €9,396 | €5,173 | €7,551 | €12,362 | ▲ 63.7% |
| Current assets29/58 | €291,145 | €298,148 | €245,360 | €245,278 | €260,229 | ▲ 6.1% |
| Stocks and contracts in progress3 | €125,179 | €161,813 | €160,845 | €166,401 | €165,336 | ▼ 0.6% |
| Stocks30/36 | - | €131,929 | €141,824 | €151,508 | €154,376 | ▲ 1.9% |
| Contracts in progress37 | - | €29,884 | €19,022 | €14,893 | €10,960 | ▼ 26.4% |
| Amounts receivable within one year40/41 | €107,017 | €113,630 | €42,447 | €21,885 | €44,993 | ▲ 106% |
| Trade receivables40 | - | €36,643 | €42,447 | €20,829 | €44,268 | ▲ 113% |
| Other amounts receivable41 | - | €76,987 | - | €1,057 | €725 | ▼ 31.4% |
| Cash at bank and in hand54/58 | €19,985 | €15,588 | €4,043 | €5,661 | €2,156 | ▼ 61.9% |
| Deferred charges and accrued income490/1 | - | €7,117 | €38,024 | €51,331 | €47,744 | ▼ 7.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €315,851 | €332,526 | €270,614 | €267,968 | €283,176 | ▲ 5.7% |
| Equity10/15 | €44,111 | €49,506 | €55,999 | €44,929 | €45,317 | ▲ 0.9% |
| Contributions10/11 | - | €18,592 | €18,592 | €18,592 | €18,592 | = |
| Reserves13 | €42,428 | €42,428 | €42,428 | €42,428 | €26,725 | ▼ 37.0% |
| Non-distributable reserves130/1 | - | €1,859 | €1,859 | - | - | - |
| Reserves not available under the articles1311 | - | €1,859 | €1,859 | - | - | - |
| Distributable reserves133 | - | €40,569 | €40,569 | €42,428 | €26,725 | ▼ 37.0% |
| Profit (loss) carried forward14 | -€16,910 | -€11,514 | -€5,021 | -€16,092 | - | - |
| Amounts payable17/49 | €271,740 | €283,020 | €214,615 | €223,039 | €237,860 | ▲ 6.6% |
| Amounts payable after more than one year17 | €74,518 | €122,463 | €90,027 | €66,342 | €29,293 | ▼ 55.8% |
| Financial debts170/4 | - | €122,463 | €90,027 | €66,342 | €29,293 | ▼ 55.8% |
| Amounts payable within one year42/48 | €197,223 | €160,557 | €124,587 | €156,698 | €208,567 | ▲ 33.1% |
| Current portion of amounts payable after more than one year42 | - | €32,350 | €42,436 | €50,858 | €52,434 | ▲ 3.1% |
| Financial debts43 | - | €14,184 | - | - | €24,860 | - |
| Credit institutions430/8 | - | €14,184 | - | - | €24,860 | - |
| Trade debts44 | €98,142 | €92,797 | €60,924 | €88,031 | €75,772 | ▼ 13.9% |
| Suppliers440/4 | - | €92,797 | €60,924 | €88,031 | €75,772 | ▼ 13.9% |
| Taxes, remuneration and social security45 | - | €21,225 | €20,683 | €17,809 | €19,747 | ▲ 10.9% |
| Taxes450/3 | - | €6,460 | €10,143 | €9,255 | €7,451 | ▼ 19.5% |
| Remuneration and social security454/9 | - | €14,765 | €10,540 | €8,553 | €12,297 | ▲ 43.8% |
| Other amounts payable47/48 | - | - | €544 | - | €35,754 | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€16,910 | €5,396 | €6,493 | -€11,071 | €388 | ▲ 104% |
| + Depreciation and write-downs630 | €10,550 | €13,253 | €9,634 | €10,223 | €7,910 | ▼ 22.6% |
| Operating cash flow (approximation) | -€6,360 | €18,648 | €16,127 | -€847 | €8,298 | ▲ 1,079% |
| Investment in fixed assets (approximation) | - | -€22,925 | -€510 | -€7,659 | -€8,168 | ▼ 6.6% |
| Change in cash | - | -€4,397 | -€11,546 | €1,618 | -€3,505 | ▼ 317% |
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
2026
25-08
State Gazette act
Appointment: Tigo (director)Permanent representative: Andreas Goyvaerts · Resignation: Marino Bernardon (director)4 facts ▸
State Gazette act
Appointment: Tigo (director)
Permanent representative: Andreas Goyvaerts · Resignation: Marino Bernardon (director)4 facts ▸
- General meeting, 01-08-2026
- Director appointment, Tigo (director)
- Permanent representative, Andreas Goyvaerts (permanent representative)
- Director resignation, Marino Bernardon (director)
2025
18-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 49 days late
2024
31-12
Financial
Back to profitnet €388
Net result €388 after one loss-making year.
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
26-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 26 days late
2022
04-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 4 days late
2021
31-12
Financial
Back to profitnet €5,396
Net result €5,396 after one loss-making year.
19-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 19 days late
2020
31-12
Financial
Weakest financial yearnet -€16,910
Net result drops to -€16,910, the lowest in the series; recovery starts the following year.
15-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 46 days late
2019
31-12
Financial
Highest result since 2018net €16,889 ▲695%
Operating result €26,501, net result €16,889, both a record.
12-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
Show earlier events
2018
06-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
17-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
27-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 3 acts read
About the unread acts
Of the 3 Belgian State Gazette acts we know for this company, 1 has been read. The other 2 have not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 director, last change in 2026
Board 1
Tigo
CurrentDirector · since 01-08-2026 · Limited partnership · perm. rep.: Andreas Goyvaerts
Permanent representatives 1
Andreas Goyvaerts
CurrentPermanent representative · since 01-08-2026 · for Tigo
Derived from published Gazette acts. The CBE keeps the official list of function holders; we do not read it, so the two can differ.
See the function holders in the CBE →
Not every act has been read: a resignation may be missing here
2 of this company's 3 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Registered office, Herentals · 1 establishment unit since 1977
Ground area
853 m²
Building footprint
338 m²
Volume, LiDAR
1,244 m³
Parcel 13302D0542/00K002, Flanders · tallest building 6.2 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
BERNARDON MARIO BVBA
since 19772.013.488.881
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13302D0542/00K002 | Flanders | 853 m² | 1 · 338 m² | 6.2 m · 1 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.
Mandate history
2 people since 2026, 1 in office
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| Tigo |
|
| Marino Bernardon |
|
Structure & network
Connections & network
1 current directorThe group is listed under Ownership & control below; here you explore it as a network.
This company
Company
Director
Shareholding
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Identification & contact
Identification
Legal formPrivate limited company
Founded29-12-1976
Fiscal year end31-12
Activities, NACEBEL 2025
25401Forging of metal
95290Repair and maintenance of other personal and household goods
43211General electrical installation work
43320Joinery installation
47521Retail sale of hardware, building materials, paint and glass (general range)
E-invoicing
Reachable via Peppol
Peppol ID
0208:0416699330
Registered
16-05-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.