BERTELS
ActiveSummary
BERTELS has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.05M and a net result of €77k. Equity is growing by ~11.4% per year across the filed fiscal years. Its solvency ranks better than 51% of 1736 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
80
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability73▼-17
Solvency67▲+5
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €80k at 30 days acceptable
Liquidity ample (current ratio 2.06 against 2.06 in 2024; short-term debt: 22.7% and cash: 25% of total assets), but 58% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 01
Relative position
BE, all sectors
reference
Sector 01
lower
← fewer bankruptcies
more bankruptcies →
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
42%
Return on assets
3.1%
Age of the figures
9 mo
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
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 22-07-2026, 9 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
9 d early
2024
38 d early
2023
6 d early
2022
2 d early
2021
8 d early
2020
1 d early
2019
23 d early
← before the deadline
after the deadline →
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
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€1.05M▲ 7.9%
2024 · €975k
2018: €448k
2019: €577k
2020: €681k
2021: €721k
2022: €681k
2023: €544k
2024: €975k
2018 → 2025
Total assets
€2.51M▼ 5.5%
2024 · €2.65M
2018: €579k
2019: €1.92M
2020: €2.39M
2021: €2.46M
2022: €2.71M
2023: €2.43M
2024: €2.65M
2018 → 2025
Net result
€77k▼ 83.4%
2024 · €461k
2018: €105k
2019: €133k
2020: €114k
2021: €49k
2022: €-40k
2023: €-137k
2024: €461k
2018 → 2025
Working capital
€601k▲ 2.5%
2024 · €587k
2018: €412k
2019: €359k
2020: €540k
2021: €352k
2022: €233k
2023: €294k
2024: €587k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€721k-€681k▼ 5.5%€544k▼ 20.1%€975k▲ 79.1%€1.05M▲ 7.9%
Operating result€65k-€-153k€-116k▲ 24.0%€517k€122k▼ 76.3%
Net result€49k-€-40k€-137k▼ 245%€461k€77k▼ 83.4%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 76% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.51M
Fixed assets
€1.34M ▼ 11.8%
Current assets
€1.17M ▲ 2.7%
Equity and liabilities €2.51M
Equity
€1.05M ▲ 7.9%
Debt
€1.46M ▼ 13.3%
Debt's share of the balance-sheet total falls from 63.3% to 58.0%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€389k▼
2024 · €836k
Cash flow
€343k▼
2024 · €780k
Current ratio
2.06▼
2024 · 2.06
Debt to equity
1.38▼
2024 · 1.72
ROE
7.3%▼
2024 · 47.3%
ROA
3.1%▼
2024 · 17.4%
Interest coverage
18.65▼
2024 · 34.48
Debt ≤ 1 year
€570k▲
2024 · €553k
Debt > 1 year
€885k▼
2024 · €1.13M
Income taxes
€25k▼
2024 · €49k
Staff costs
€707k▲
2024 · €622k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 60 lines
Balance sheet
Code20242025
Assets
Total assets20/58€2.65M€2.51M▼
Fixed assets21/28€1.51M€1.34M▼
Tangible fixed assets22/27€1.51M€1.33M▼
Land and buildings22€497k€463k▼
Plant, machinery and equipment23€992k€852k▼
Furniture and vehicles24€18k€14k▼
Other tangible fixed assets26€6k€5k▼
Financial fixed assets28€1k€1k=
Current assets29/58€1.14M€1.17M▲
Amounts receivable after more than one year29€5k€15k▲
Other amounts receivable291€5k€15k▲
Stocks and contracts in progress3€0-
Contracts in progress37€0-
Amounts receivable within one year40/41€413k€429k▲
Trade receivables40€261k€283k▲
Other amounts receivable41€153k€146k▼
Cash at bank and in hand54/58€678k€626k▼
Deferred charges and accrued income490/1€44k€101k▲
Equity and liabilities
Total equity and liabilities10/49€2.65M€2.51M▼
Equity10/15€975k€1.05M▲
Contributions10/11€186k€186k=
Reserves13€789k€865k▲
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Distributable reserves133€789k€865k▲
Profit (loss) carried forward14€0€0=
Amounts payable17/49€1.68M€1.46M▼
Amounts payable after more than one year17€1.13M€885k▼
Financial debts170/4€1.13M€885k▼
Amounts payable within one year42/48€553k€570k▲
Current portion of amounts payable after more than one year42€246k€240k▼
Trade debts44€220k€266k▲
Suppliers440/4€220k€266k▲
Advances received on contracts in progress46€2k€8▼
Taxes, remuneration and social security45€84k€63k▼
Taxes450/3€47k€22k▼
Remuneration and social security454/9€36k€41k▲
Other amounts payable47/48€2k€1k▼
Accrued charges and deferred income492/3€300€0▼
Income statement
Code20242025
Non-recurring operating income76A€10k€0▼
Remuneration, social security and pensions62€622k€707k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€319k€267k▼
Other operating charges640/8€6k€5k▼
Gross operating margin9900€1.46M€1.10M▼
Operating profit (loss)9901€517k€122k▼
Financial income75/76B€18k€414▼
Recurring financial income75€18k€414▼
Financial charges65/66B€24k€21k▼
Recurring financial charges65€24k€21k▼
Profit (loss) for the period before taxes9903€510k€102k▼
Income taxes67/77€49k€25k▼
Profit (loss) for the period9904€461k€77k▼
Profit (loss) for the period to be appropriated9905€461k€77k▼
Appropriation of the result
Profit (loss) to be appropriated9906€461k€77k▼
Transfer from equity791/2€0-
Transfer to equity691/2€431k€77k▼
To other reserves6921€431k€77k▼
Profit to be distributed694/7€30k€0▼
Return on contributions (dividend)694€30k€0▼
Social balance
Average headcount (FTE)908711.717.3▲
The notes to these accounts (25 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
22-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Equity above €1MEq €1.05M ▲7.9%
2 profitable years in a row build equity to €1.05M.
23-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Back to profitnet €461k
Net result €461k after 2 loss-making years.
24-04
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
30-09
Financial
Weakest financial yearnet €-137k
Net result drops to €-137k, the lowest in the series; recovery starts the following year.
28-04
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
22-04
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
29-04
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
07-04
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
30-09
Financial
Equity above €500kEq €577k ▲28.9%
2 profitable years in a row build equity to €577k.
15-03
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
20-03
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
14-03
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
10 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, Duffel · 1 establishment unit since 2008
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.
Waarloossteenweg 162570 DuffelGround area
4,233 m²
Building footprint
769 m²
Volume, LiDAR
3,288 m³
2 parcels, Flanders · tallest building 14.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
BERTELS
since 20082.171.525.439
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12009A0044/02L000 | Flanders | 2,198 m² | 1 · 262 m² | 9.7 m · 2 fl. |
| 12009A0046/00Z000 | Flanders | 2,035 m² | 1 · 507 m² | 13.9 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels 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 siteDuffel2.171.525.439
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Of 3,625 companies in sector 01130 we hold annual accounts for 789. 588 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded29-05-2008
Fiscal year end31-12
Activities, NACEBEL 2025
01130Growing of vegetables, melons, roots and tubers
01210Crop and animal production, hunting and related service activities
01199Crop and animal production, hunting and related service activities
01240Growing of pome and stone fruits
01250Crop and animal production, hunting and related service activities
01610Support activities for crop production
35110Production of electricity from non-renewable sources
35150Electricity, gas, steam and air conditioning supply
Sources
Crossroads Bank for EnterprisesNational Bank · 18 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.