Summary
BERT BERTELS is a financial institution. The bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2026 annual accounts show equity of €1.7m and a net result of €5,926. Equity has been stable since 2019 (±0.8% per year). Its solvency ranks better than 95% of 418 sector peers (NACE 64, financial year 2026). The company has been active since 2012 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Overview
Official details
Source: KBO- Status
- Active since 29-03-2012 Normal situation
- Activity
- Activities of holding companies NACE 64210
- Establishment unit
- 2.209.765.116 2490 Balen, since 29-03-2012
- Financial year end
- 31 March
- Peppol
- Reachable since 02-12-2025
Financial position
Financial institution: outside the modelBankruptcy probability: sector outside the model
Annual accounts to 31-03-2026
- Profit
- €5,926
- ▼ 10.2%
- Equity
- €1.7m
- ▲ 0.3%
- Total assets
- €1.7m
- ▲ 0.4%
SignalsneutralLatest accounts filed on timeShow the evidence
Checked score
Outside the general model
Model not applicable to financial institutions
The Checked score measures liquidity, leverage and margins against the norms for trading and manufacturing companies. A bank, insurer or financial holding has a very different balance sheet. Those ratios and the score mean nothing here. So there is no financial strength either.
Bankruptcy probability within 12 months
The company is a financial institution: a bank, insurer or financial holding. Its balance sheet works differently from that of a trading or manufacturing company. A bankruptcy probability from the general model would mislead here.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
1 signal.
neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2026 was due by 31-10-2026 and was filed on 28-09-2026, 33 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2026
33 days early
2025
31 days early
2024
24 days early
2023
33 days early
2022
53 days early
2021
51 days early
2020
51 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 39 days before the deadline. In the sector (NACE 64), the median for financial year 2024 was 14 days before the deadline, and 28% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-03-2027 and is due by 31-10-2027. Nothing is late today. The company usually files around 28 September (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
05-11-2026 today31-03-2027 year end31-10-2027 deadline
Financials
Financials · financial year 2026, micro format
Annual accounts 2026 filed on 28-09-2026 at the NBB all 14 filings
Equity
€1.7m▲ 0.3%
2025 · €1.7m
Net result
€5,926▼ 10.2%
2025 · €6,601
Total assets
€1.7m▲ 0.4%
2025 · €1.7m
Solvency
99.1%▼ 0.1pp
2025 · 99.1%
Multi-year overview
2019 to 2026, 8 financial yearsOperating result
€13,639
▲ 31.2%
2026
20192026
Net result
€5,926
▼ 10.2%
2026
20192026
Equity
€1.7m
▲ 0.3%
2026
20192026
Total assets
€1.7m
▲ 0.4%
2026
20192026
Debt
€16,421
▲ 8.4%
2026
20192026
Working capital
€414,128
▲ 3.5%
2026
20192026
Solvency
99.1%
▼ 0.1pp
2026
20192026
Current ratio
26.22
▼ 1.20
2026
20192026
Return on assets (ROA)
0.3%
=
2026
20192026
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line20192020202120222023202420252026
Operating result€0.02m-€0.04m▲ 54.0%€0.04m▲ 15.0%€0.03m▼ 24.6%€0.005m▼ 85.0%€0.01m▲ 141%€0.01m▼ 8.2%€0.01m▲ 31.2%
Net result€0.02m-€0.02m▲ 41.8%€0.03mwithin the sector's middle half▲ 23.8%€0.02mwithin the sector's middle half▼ 25.0%€0.003mbelow the sector's middle half▼ 87.4%€0.008mwithin the sector's middle half▲ 189%€0.007mwithin the sector's middle half▼ 15.8%€0.006m▼ 10.2%
Equity€1.6m-€1.6m▲ 1.4%€1.7mwithin the sector's middle half▲ 1.7%€1.7mwithin the sector's middle half▲ 1.3%€1.7mwithin the sector's middle half▲ 0.2%€1.7mwithin the sector's middle half▲ 0.5%€1.7mwithin the sector's middle half▲ 0.4%€1.7m▲ 0.3%
Total assets€1.6m-€1.7m▲ 1.4%€1.7mwithin the sector's middle half▲ 1.8%€1.7mwithin the sector's middle half▲ 1.3%€1.7mwithin the sector's middle half▲ 0.1%€1.7mwithin the sector's middle half▲ 0.5%€1.7mwithin the sector's middle half▲ 0.5%€1.7m▲ 0.4%
Debt€0.01m-€0.01m▼ 4.5%€0.01m▲ 5.1%€0.01m▼ 1.1%€0.01m▼ 4.6%€0.01m▼ 0.1%€0.02m▲ 23.2%€0.02m▲ 8.4%
Working capital€0.3m-€0.3m▲ 12.6%€0.3mabove the sector's middle half▼ 12.3%€0.3mabove the sector's middle half▲ 12.6%€0.4mabove the sector's middle half▲ 6.1%€0.4mabove the sector's middle half▲ 7.1%€0.4mabove the sector's middle half▲ 6.0%€0.4m▲ 3.5%
Solvency99.2%-99.3%=99.2%above the sector's middle half=99.2%above the sector's middle half=99.3%above the sector's middle half=99.3%above the sector's middle half=99.1%above the sector's middle half▼ 0.2pp99.1%▼ 0.1pp
Current ratio23.98-28.11▲ 4.1323.61above the sector's middle half▼ 4.5026.75above the sector's middle half▲ 3.1329.64above the sector's middle half▲ 2.8931.70above the sector's middle half▲ 2.0627.42above the sector's middle half▼ 4.2826.22▼ 1.20
Return on assets (ROA)1.0%-1.4%▲ 0.4pp1.7%within the sector's middle half▲ 0.3pp1.3%within the sector's middle half▼ 0.4pp0.2%below the sector's middle half▼ 1.1pp0.5%within the sector's middle half▲ 0.3pp0.4%below the sector's middle half▼ 0.1pp0.3%=
above
within
below
The sector band is the middle half of the companies in Financial service activities, except insurance and pension funding (NACE 64). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
The operating result for 2026 is 31% higher than in 2025 and the highest since 2022. It is a recovery after the fall in 2025.
Turnover and EBIT margin are not published. The abbreviated or micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2026 in colour, 2025 as the grey bar beneath
Assets €1.7m
Fixed assets
€1.3m ▼ 0.6%
Current assets
€430,549 ▲ 3.7%
Equity and liabilities €1.7m
Equity
€1.7m ▲ 0.3%
Debt
€16,421 ▲ 8.4%
Debt's share of the balance-sheet total rises from 0.9% to 0.9%. Equity and debt are higher.
Key figures and ratios
ROE
0.3%▼
2025 · 0.4%
Debt ≤ 1 year
€16,421▲
2025 · €15,149
Income taxes
€5,352▲
2025 · €4,353
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Investments
| Item | 31-03-2022 | 31-03-2023 | 31-03-2024 | 31-03-2025 | 31-03-2026 |
|---|---|---|---|---|---|
| Tangible fixed assets | €1,967 | - | - | - | - |
| Depreciation and write-downs of the year | €17,828 | €17,628 | €17,162 | €16,043 | €0 |
Source: notes to the 2022 to 2026 annual accounts (statement of fixed assets)
Subsidies and aid
Flemish government
2025 · 1 entry · €3,094 awarded · €3,094 paidAnnual accounts
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €15,865 | €15,663 | €9,324 | €17,828 | €17,628 | €17,162 | €16,043 | €0 | ▼ 100% |
| Other operating charges640/8 | - | - | - | €1,371 | €1,727 | €2,033 | €1,884 | €3,102 | ▲ 64.6% |
| Gross operating margin9900 | €40,582 | €53,114 | €52,228 | €50,585 | €24,060 | €30,514 | €28,321 | €16,741 | ▼ 40.9% |
| Operating profit (loss)9901 | €23,512 | €36,203 | €41,634 | €31,386 | €4,705 | €11,319 | €10,394 | €13,639 | ▲ 31.2% |
| Financial income75/76B | - | - | - | €588 | €525 | €494 | €666 | €519 | ▼ 22.0% |
| Recurring financial income75 | €1,927 | €668 | €554 | €588 | €525 | €494 | €666 | €519 | ▼ 22.0% |
| Financial charges65/66B | - | - | - | €20 | €164 | €40 | €106 | €2,881 | ▲ 27× |
| Recurring financial charges65 | €236 | €99 | €65 | €20 | €164 | €40 | €106 | €2,881 | ▲ 27× |
| Profit (loss) for the period before taxes9903 | €25,203 | €36,772 | €42,124 | €31,954 | €5,066 | €11,774 | €10,954 | €11,278 | ▲ 3.0% |
| Income taxes67/77 | €8,917 | €13,676 | €13,536 | €10,510 | €2,354 | €3,936 | €4,353 | €5,352 | ▲ 23.0% |
| Profit (loss) for the period9904 | €16,285 | €23,097 | €28,588 | €21,444 | €2,712 | €7,838 | €6,601 | €5,926 | ▼ 10.2% |
| Profit (loss) for the period to be appropriated9905 | €16,285 | €23,097 | €28,588 | €21,444 | €2,712 | €7,838 | €6,601 | €5,926 | ▼ 10.2% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €1.6m | €1.7m | €1.7m | €1.7m | €1.7m | €1.7m | €1.7m | €1.7m | ▲ 0.4% |
| Fixed assets21/28 | €1.3m | €1.3m | €1.4m | €1.4m | €1.3m | €1.3m | €1.3m | €1.3m | ▼ 0.6% |
| Tangible fixed assets22/27 | €0.02m | €0.005m | €0.07m | €0.06m | €0.04m | €0.02m | €0.008m | €0 | ▼ 100% |
| Plant, machinery and equipment23 | - | - | - | €466 | - | - | - | - | - |
| Furniture and vehicles24 | - | - | - | €0.06m | €0.04m | €0.02m | €0.008m | €0 | ▼ 100% |
| Financial fixed assets28 | €1.3m | €1.3m | €1.3m | €1.3m | €1.3m | €1.3m | €1.3m | €1.3m | = |
| Current assets29/58 | €0.3m | €0.3m | €0.3m | €0.3m | €0.4m | €0.4m | €0.4m | €0.4m | ▲ 3.7% |
| Amounts receivable after more than one year29 | - | - | - | €0.02m | €0.008m | €0.02m | €0.01m | €0.009m | ▼ 35.7% |
| Other amounts receivable291 | - | - | - | €0.02m | €0.008m | €0.02m | €0.01m | €0.009m | ▼ 35.7% |
| Amounts receivable within one year40/41 | €0.03m | €0.02m | €0.04m | €0.1m | €0.2m | €0.1m | €0.3m | €0.3m | ▲ 7.3% |
| Trade receivables40 | - | - | - | €0.1m | €0.1m | €0.1m | €0.1m | €0.1m | ▲ 17.2% |
| Other amounts receivable41 | - | - | - | €0.01m | €0.1m | €0.02m | €0.2m | €0.2m | ▲ 1.2% |
| Cash at bank and in hand54/58 | €0.3m | €0.3m | €0.2m | €0.2m | €0.1m | €0.2m | €0.1m | €0.1m | ▼ 2.0% |
| Deferred charges and accrued income490/1 | - | - | - | - | - | €0.002m | - | €0.005m | - |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €1.6m | €1.7m | €1.7m | €1.7m | €1.7m | €1.7m | €1.7m | €1.7m | ▲ 0.4% |
| Equity10/15 | €1.6m | €1.6m | €1.7m | €1.7m | €1.7m | €1.7m | €1.7m | €1.7m | ▲ 0.3% |
| Contributions10/11 | €1.3m | €1.3m | - | €1.3m | €1.3m | €1.3m | €1.3m | €1.3m | = |
| Reserves13 | €0.1m | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | ▲ 2.7% |
| Non-distributable reserves130/1 | - | - | - | €0.02m | €0.02m | - | - | €0.008m | - |
| Reserves not available under the articles1311 | - | - | - | €0.02m | €0.02m | - | - | €0.008m | - |
| Distributable reserves133 | - | - | - | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | ▼ 1.0% |
| Profit (loss) carried forward14 | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | = |
| Amounts payable17/49 | €0.01m | €0.01m | €0.01m | €0.01m | €0.01m | €0.01m | €0.02m | €0.02m | ▲ 8.4% |
| Amounts payable within one year42/48 | €0.01m | €0.01m | €0.01m | €0.01m | €0.01m | €0.01m | €0.02m | €0.02m | ▲ 8.4% |
| Trade debts44 | €0.008m | €0.001m | €0.003m | €0.002m | €0.005m | €0.005m | €0.002m | €0.006m | ▲ 274% |
| Suppliers440/4 | - | - | - | €0.002m | €0.005m | €0.005m | €0.002m | €0.006m | ▲ 274% |
| Taxes, remuneration and social security45 | - | - | - | €0.01m | €0.007m | €0.007m | €0.01m | €0.01m | ▼ 23.9% |
| Taxes450/3 | - | - | - | €0.006m | €0.003m | €0.002m | €0.009m | €0.006m | ▼ 35.3% |
| Remuneration and social security454/9 | - | - | - | €0.005m | €0.005m | €0.005m | €0.005m | €0.005m | ▼ 4.1% |
| Other amounts payable47/48 | - | - | - | €272 | - | - | - | - | - |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €16,285 | €23,097 | €28,588 | €21,444 | €2,712 | €7,838 | €6,601 | €5,926 | ▼ 10.2% |
| + Depreciation and write-downs630 | €15,865 | €15,663 | €9,324 | €17,828 | €17,628 | €17,162 | €16,043 | €0 | ▼ 100% |
| Operating cash flow (approximation) | €32,151 | €38,760 | €37,913 | €39,272 | €20,340 | €25,000 | €22,644 | €5,926 | ▼ 73.8% |
| Investment in fixed assets (approximation) | - | -€1,075 | -€79,421 | -€1,967 | €0 | €0 | €0 | €8,006 | - |
| Change in cash | - | €8,906 | -€46,874 | -€34,030 | -€67,922 | €101,776 | -€95,805 | -€2,985 | ▲ 96.9% |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Latest 10 of 14 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-03-2026 | micro format | 28-09-2026 | 2026-00547575 | |
| 31-03-2025 | abbreviated format | 30-09-2025 | 2025-00522120 | |
| 31-03-2024 | abbreviated format | 07-10-2024 | 2024-00501568 | |
| 31-03-2023 | abbreviated format | 28-09-2023 | 2023-00462449 | |
| 31-03-2022 | abbreviated format | 08-09-2022 | 2022-20425926 | |
| 31-03-2021 | abbreviated format | 10-09-2021 | 2021-66900007 | |
| 31-03-2020 | abbreviated format | 10-09-2020 | 2020-52200330 | |
| 31-03-2019 | abbreviated format | 13-09-2019 | 2019-64200568 | |
| 31-03-2018 | abbreviated format | 18-09-2018 | 2018-63300164 | |
| 31-03-2017 | abbreviated format | 29-09-2017 | 2017-64400416 |
Board & ownership
Directors
Directors
1 director, last change in 2024
BERTELS Bert
Current
Director (not named in the articles) · since 29-03-2012 · earlier manager, until 09-01-2024 · term without a fixed end · listed in the 2026 annual accounts, filed on 28-09-2026
Owners and capital
Capital transactions
Capital over time
- 09-01-2024 Converted to unavailable equity
- 09-01-2024 Converted to available equity
Mandate history
1 person, 1 in office
- Board
- mandate already running before its first mention
| Name | Functions and periods |
|---|---|
| BERTELS Bert |
|
Network & group
Holdings and subsidiaries
1 holdingHoldings 1
- CLAESENsubsidiarySourceown accounts 31-03-2026Equity €1.4m Loss of €128,255 in 2025 (loss of €74,016 in 2024) Checked score 6755%
Companies at the same address
2 other companiesConnections & network
1 current directorThe network starts from the directors of BERT BERTELS. Every other company they run is a node.
This company
Company
Director
Shareholding
+N: links not shown yet
Click a node to look further, drag to arrange, zoom with the mouse wheel.
Timeline
Deeds, filings and financial milestones
Deadline for the 2027 accounts:
2026
28-09
micro format · 33 days before the deadline
2025
30-09
abbreviated format · 31 days before the deadline
2024
07-10
abbreviated format · 24 days before the deadline
09-01
Gazette deed
Change of role: BERTELS Bert, from manager to directorDirector discharge: BERTELS Bert4 points ▸
Gazette deed
Change of role: BERTELS Bert, from manager to director
Director discharge: BERTELS Bert4 points ▸
- Registered office clause, Benoit Jansenstraat 4, 2490 Balen
- Director resignation, BERTELS Bert (manager)
- Director discharge, BERTELS Bert
- Director appointment, BERTELS Bert (director (not named in the articles))
- The deed holds 5 more points.
2023
28-09
abbreviated format · 33 days before the deadline
31-03
Financial
Weakest financial yearnet €2,712 ▼87.4%
The net result drops to €2,712, the lowest from 2019 to 2026. It recovers the following year.
2022
08-09
abbreviated format · 53 days before the deadline
2021
10-09
abbreviated format · 51 days before the deadline
31-03
Financial
Highest result from 2019 to 2026net €28,588 ▲23.8%
The operating result of €41,634 and the net result of €28,588 are both a record.
2020
10-09
abbreviated format · 51 days before the deadline
2019
13-09
abbreviated format · 48 days before the deadline
2018
18-09
abbreviated format · 43 days before the deadline
2017
29-09
abbreviated format · 32 days before the deadline
2012
16-05
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordName
BERT BERTELS in Dutch
Enterprise number
0845.703.408
Legal form
Private limited company
Status
Active, normal situation
Founded
29-03-2012
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 09-01-2024 (in Dutch)Name clauseThe company operates under this name according to its articles.
Bert Bertels
deed of 09-01-2024 (in Dutch)Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Vlaamse Gewest”
deed of 09-01-2024 (in Dutch)Registered office and establishments
Registered office
Benoit Jansenstraat 4, 2490 Balen, Belgium
Establishment unit
Bert Bertels, Benoit Jansenstraat 4, 2490 Balen since 29-03-2012 · unit number 2.209.765.116 73300 Public relations and communication consultancy
Activities
NACEBEL 202564210
Activities of holding companies main activity
Codes under NACEBEL 2008
64200
Holdings main activity
PurposeThe purpose describes the activities the company may carry out under its articles.
deed of 09-01-2024 (in Dutch)
“Het verlenen van diensten en advies in de meest ruime zin van het woord aan bedrijven en ondernemingen van alle aard, ondermeer op het vlak…”
10 activities
- Het verlenen van diensten en advies in de meest ruime zin van het woord aan bedrijven en ondernemingen van alle aard, ondermeer op het vlak van marketing, publiciteit, marktstudie, bedrijfsorganisatie, financiële planning, financieel beheer, patrimoniumbeheer, sponsoring, management, informatica, trainingen, vastgoedprojecten, aankoop op buitenlandse markten, logistiek, inning van schuldvorderingen in binnen- en buitenland, kredietinformatieverstrekking en merkenbescherming;
- Het deelnemen aan het bestuur van vennootschappen en ondernemingen, al dan niet door middel van de uitoefening van een bestuursmandaat;
- Het uitsluitend voor eigen rekening verwerven, vervreemden en beheren van beleggingsgoederen allerhande;
- Activiteiten die met personeelsbeheer te maken hebben zoals outplacement, interimpersoneel, loopbaanbegeleidingen, coaching activiteiten, talent scouting, remuneratiebeleid, conflictenmanagement, mediation, head hunting, aanwervingen en algemene human resources activiteiten;
- Activiteiten die te maken hebben met special events, bedrijfsfeesten, sponsoring activiteiten, motivatie reizen, inrichten van sportevenementen, catering activiteiten.
- Zij mag alle brevetten, vergunningen of merken die betrekking hebben op haar maatschappelijk doel aankopen, exploiteren en afstaan.
- De vennootschap mag in België en in het buitenland alle commerciële, industriële, financiële, roerende en onroerende verrichtingen doen die rechtstreeks of onrechtstreeks in verband staan met haar voorwerp.
- Zij mag eveneens alle belangen hebben bij wijze van inbreng, inschrijving, financiële tussenkomsten of anderszins, in alle ondernemingen, verenigingen of vennootschappen die een gelijkaardig, analoog, of aanverwant voorwerp nastreven, of wier voorwerp van aard is dat van de vennootschap te bevorderen, zowel in binnen- als buitenland.
- Zij mag zich voor deze vennootschappen borg stellen of aval verlenen, voorschotten en krediet toestaan, hypothecaire of andere borgen verstrekken.
- De vennootschap mag bijhuizen en kantoren oprichten in binnen- en buitenland.
Invoicing and payment
VAT number
BE 0845.703.408
Financial year and general meeting
Accounts at the NBBFinancial year end
31-03
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
First Monday of September at 18:00
deed of 09-01-2024 (in Dutch)Sites & property
Location
Buildings and parcels at the address
Ground area
272 m²
Building footprint
96 m²
Building volume
544 m³
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 13003D0205/00N003 | Flanders | 272 m² | 1 · 96 m² | 7.2 m · 2 |