Bert & Kelly
ActiveBert & Kelly has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €110k and a net result of €39k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 47% of 13091 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.3% (low).
Checked score
Score 2025
61
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability81▼-10
Solvency52▲+7
Growth78=
Track record100
Bankruptcy probability, 12 months
1.3%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6k at 30 days acceptable
Liquidity short (current ratio 0.4 against 0.42 in 2024; short-term debt: 29.9% and cash: 8.2% of total assets), and 72.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven 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 56
Relative position
BE, all sectors
reference
Sector 56
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
27.4%
Return on assets
9.6%
Age of the figures
9 mo
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €110k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 26-08-2026, 26 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
26 d late
2024
55 d early
2023
36 d early
2022
106 d late
2021
31 d late
2020
27 d late
2019
47 d late
← before the deadline
after the deadline →
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
16-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€226k
EBIT margin
4.6%
Net result
€39k▼ 39.7%
2024 · €64k
2018: €8k
2019: €11k
2020: €-3k
2021: €7k
2022: €-8k
2023: €12k
2024: €64k
2018 → 2025
Working capital
€-73k▼ 3.5%
2024 · €-70k
2018: €-113k
2019: €-109k
2020: €-117k
2021: €-115k
2022: €-126k
2023: €-116k
2024: €-70k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€4k-€-4k€8k€72k▲ 821%€110k▲ 53.8%
Operating result€9k-€-5k€14k€79k▲ 451%€67k▼ 14.2%
Net result€7k-€-8k€12k€64k▲ 422%€39k▼ 39.7%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 14% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €402k
Fixed assets
€354k▲ 13.8%
Current assets
€47k▼ 8.0%
Equity and liabilities €402k
Equity
€110k▲ 53.8%
Debt
€292k▲ 0.1%
The debt ratio falls from 80.3% to 72.6%. Equity and debt are higher.
Key figures and ratios
EBITDA
€97k▲
2024 · €91k
Cash flow
€68k▼
2024 · €77k
Solvency
27.4%▲
2024 · 19.7%
Current ratio
0.40▼
2024 · 0.42
Quick ratio
0.37▼
2024 · 0.40
Debt / equity
2.65▼
2024 · 4.07
ROE
35.0%▼
2024 · 89.1%
ROA
9.6%▼
2024 · 17.6%
Interest coverage
14.59▼
2024 · 27.51
Debt
€292k▲
2024 · €291k
Debt ≤ 1 year
€120k▼
2024 · €122k
Debt > 1 year
€171k▲
2024 · €169k
Income taxes
€23k▲
2024 · €11k
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€363k€402k▲
Fixed assets21/28€311k€354k▲
Tangible fixed assets22/27€311k€354k▲
Land and buildings22€218k€209k▼
Plant, machinery and equipment23€91k€97k▲
Furniture and vehicles24€2k€48k▲
Financial fixed assets28€160-
Current assets29/58€52k€47k▼
Stocks and contracts in progress3€2k€3k▲
Stocks30/36€2k€3k▲
Amounts receivable within one year40/41€943€9k▲
Trade receivables40-€9k
Other amounts receivable41€943€290▼
Cash at bank and in hand54/58€47k€33k▼
Deferred charges and accrued income490/1€908€2k▲
Equity and liabilities
Total equity and liabilities10/49€363k€402k▲
Equity10/15€72k€110k▲
Contributions10/11€12k€12k=
Reserves13€5k€98k▲
Distributable reserves133€5k€98k▲
Profit (loss) carried forward14€55k-
Amounts payable17/49€291k€292k▲
Amounts payable after more than one year17€169k€171k▲
Financial debts170/4€169k€171k▲
Amounts payable within one year42/48€122k€120k▼
Current portion of amounts payable after more than one year42€24k€40k▲
Trade debts44€8k€15k▲
Suppliers440/4€8k€15k▲
Taxes, remuneration and social security45€13k€24k▲
Taxes450/3€10k€19k▲
Remuneration and social security454/9€3k€5k▲
Other amounts payable47/48€76k€42k▼
Accrued charges and deferred income492/3-€228
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€13k€29k▲
Other operating charges640/8€2k€2k▼
Gross operating margin9900€94k€99k▲
Operating profit (loss)9901€79k€67k▼
Financial income75/76B€1€571▲
Recurring financial income75€1€571▲
Financial charges65/66B€3k€7k▲
Recurring financial charges65€3k€7k▲
Profit (loss) for the period before taxes9903€75k€61k▼
Income taxes67/77€11k€23k▲
Profit (loss) for the period9904€64k€39k▼
Profit (loss) for the period to be appropriated9905€64k€39k▼
Appropriation of the result
Profit (loss) to be appropriated9906€55k€93k▲
Profit (loss) brought forward from the previous period14P€-9k€55k▲
Transfer to equity691/2-€93k
To other reserves6921-€93k
The notes to these accounts (9 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
26-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 26 days late
2025
31-12
Financial
Equity above €100kEq €110k ▲53.8%
3 profitable years in a row build equity to €110k.
06-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2018net €64k ▲422%
Operating result €79k, net result €64k, both a record.
25-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €12k
Net result €12k after one loss-making year.
14-11
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 106 days late
2022
31-12
Financial
Weakest financial yearnet €-8k ▼209%
Net result drops to €-8k, the lowest in the series; recovery starts the following year.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-12
Financial
Back to profitnet €7k
Net result €7k after one loss-making year.
27-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 27 days late
2020
16-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 47 days late
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
27-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 27 days late
2017
31-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Geraardsbergen · 1 establishment unit since 2010
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.
Hasseltsestraat(Oph) 199500 GeraardsbergenGround area
709 m²
Building footprint
173 m²
Volume, LiDAR
848 m³
Parcel 41053A0875/00W000, Flanders · tallest building 7.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
FRITUUR COPINO'S
since 20102.189.708.880
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41053A0875/00W000 | Flanders | 709 m² | 1 · 173 m² | 7.2 m · 2 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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteGeraardsbergen2.189.708.880
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Of 20,506 companies in sector 56111 we hold annual accounts for 11,453. 9,455 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded30-06-2010
Fiscal year end31-12
Activities, NACEBEL
56101Full-service restaurants
56111Full-service restaurants
Sources
Crossroads Bank for EnterprisesNational Bank · 15 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.