Bertoli Construct
ActiveSummary
Bertoli Construct has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€2,554) and a net result of -€4,554. Its solvency ranks better than 17% of 11,186 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Overview
- Equity
- -€2,554
- Loss
- -€4,554
- Largest shareholder
- GINCO PROPERTIES · 50%
- Board
- 4 members
Why 53raises riskCapped at 59: negative equityNegative equity -€2,554lowers riskSize: total assets €825,701Sector: Real estate activities (NACE 68)Figures for financial year 2025 (filed 17-07-2026)Show the evidence
Checked score
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 68, micro): better than 19% on solvency, 8% on liquidity and 19% on profitability.
The bankruptcy probability was computed on 23-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
Searched, nothing found (1)
- Annual accounts filedfinancial year 2025 · abbreviated…
- IncorporationAppointments: LUYTEN Bert, COLIN Caroline…
Financials · financial year 2025, abbreviated format
Turnover and EBIT margin not published: the abbreviated format does not require them.
Peer companies
Historical observationOf the 1,251 companies that looked in July 2024 the way this one looks now, 1.0% went bankrupt within 24 months and 96.5% are still going.
- Small
- 2 to 5 years old
- negative equity
- a small loss
A further 0.5% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.2% 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 497,474 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% | 0.9% |
| 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 74.5% 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 1,251 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.
| Line | 2025 |
|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,248 |
| Other operating charges640/8 | €787 |
| Gross operating margin9900 | -€13,419 |
| Operating profit (loss)9901 | -€15,454 |
| Financial income75/76B | €11,609 |
| Recurring financial income75 | €11,609 |
| Financial charges65/66B | €708 |
| Recurring financial charges65 | €708 |
| Profit (loss) for the period before taxes9903 | -€4,554 |
| Profit (loss) for the period9904 | -€4,554 |
| Profit (loss) for the period to be appropriated9905 | -€4,554 |
| Line | 2025 | |
|---|---|---|
| Assets | ||
| Total assets20/58 | €825,701 | |
| Current assets29/58 | €825,701 | |
| Stocks and contracts in progress3 | €788,931 | |
| Contracts in progress37 | €788,931 | |
| Amounts receivable within one year40/41 | €3,210 | |
| Trade receivables40 | €3,180 | |
| Other amounts receivable41 | €30 | |
| Cash at bank and in hand54/58 | €33,560 | |
| Equity and liabilities | ||
| Total equity and liabilities10/49 | €825,701 | |
| Equity10/15 | -€2,554 | |
| Contributions10/11 | €2,000 | |
| Profit (loss) carried forward14 | -€4,554 | |
| Amounts payable17/49 | €828,255 | |
| Amounts payable within one year42/48 | €828,216 | |
| Trade debts44 | €27,087 | |
| Suppliers440/4 | €27,087 | |
| Taxes, remuneration and social security45 | €125 | |
| Taxes450/3 | €125 | |
| Other amounts payable47/48 | €801,004 | |
| Accrued charges and deferred income492/3 | €39 | |
| Line | 2025 |
|---|---|
| Profit (loss) for the period9904 | -€4,554 |
| + Depreciation and write-downs630 | €1,248 |
| Operating cash flow (approximation) | -€3,306 |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (1)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | abbreviated format | 17-07-2026 | 2026-00304873 |
Similar companies · same sector and region
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Mandate history
- Board
| Name | Functions and periods |
|---|---|
| COLIN Caroline Josée Jenny |
|
| HENDRICKX Olivier |
|
| LUYTEN Bert |
|
| VERMEULEN Cathérine Mathilde |
|
Owners and capital
Owners
1 ownerOwners 1
-
50%
Sources: the companies' annual accounts, the acts in the Belgian Official Gazette and the LEI register. Annual accounts state the shareholders that notified the company under article 7:225 of the Code of Companies and Associations and the parent companies that consolidate it. 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 include these statements in its annual accounts, or does not have to, is not listed.
Capital and shareholders
- PROBUS (BE 0480.674.392) 50 shares (50%) · €1,000 in cash
- GINCO PROPERTIES (BE 0457.921.261) 50 shares (50%) · €1,000 in cash
The Belgian Official Gazette names shareholders only when an act mentions them; the share register itself is not published.
- 29-05-2024 Incorporation · €2,000 · 100 shares
Group and network
Connections & network
5 connected companiesShow 1 more companies with a shared director
History
Acts, filings and financial milestones
29-05
Gazette deed
IncorporationAppointments: LUYTEN Bert, COLIN Caroline Josée Jenny and 2 others · Registered office clause · Pre-incorporation commitments14 facts ▸
- Registered office clause, “3290 Diest, Kardinaal Mercierstraat 10 bus 2” (deed in Dutch)
- Director appointment, LUYTEN Bert (director (not named in the articles))
- Director appointment, COLIN Caroline Josée Jenny (director (not named in the articles))
- Director appointment, HENDRICKX Olivier (director (not named in the articles))
- Director appointment, VERMEULEN Cathérine Mathilde (director (not named in the articles))
- Pre-incorporation commitments, “takeover, alle verbintenissen en verplichtingen en alle activiteiten ondernomen door comparanten in naam en voor rekening van vennootschap in oprichting” (deed in Dutch)
- Incorporation, 24-05-2024
- Founder, PROBUS (partner)
- Founder, GINCO PROPERTIES (partner)
- Founding capital, €2,000
- Capital contribution
- Share issue, 100, “gelijk recht in winstverdeling” (deed in Dutch)
- +2 further facts in this act
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 24 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice, with enterprise number 1009.699.922
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 24020A0676/00T000indicative | Flanders | 799 m² | 1 · 250 m² | 16.5 m · 3 |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “Projectontwikkeling voor de nieuwbouw van individuele woningen of voor renovatiewerken,voor de bouw of renovatie van appartementsgebouwen en…” (deed in Dutch)
14 activities (deed in Dutch)
- Projectontwikkeling voor de nieuwbouw van individuele woningen of voor renovatiewerken,voor de bouw of renovatie van appartementsgebouwen en voor kantoorbouw;
- Het stellen van alle onroerende handelingen,zowel in België als in het buitenland,zoals het aankopen en verkopen,het huren en verhuren,het ruilen,het verkavelen en verhandelen,het uitbaten en in waarde brengen,het beheren en toezicht uitoefenen,het opmeten,afpalen,schatten,het aanleggen van bebossingen en beplantingen;
- Alle mogelijke verrichtingen die rechtstreeks of onrechtstreeks verband houden met het onderhoud,de renovatie,het herstel,de verfraaiing,de vernieuwing en de modernisering van alle soorten onroerende goederen algemeen genomen,alle verrichtingen die rechtstreeks of onrechtstreeks verband houden met openbare en particuliere bouwwerken;
- Het verwerven van alle mogelijke terreinen,de aankoop,de verkoop,de verhuur,de verdeling en de verkaveling van alle mogelijke onroerende goederen;
- De aankoop,de verkoop,de huur,de invoer en de uitvoer van alle mogelijke materialen,goederen,toestellen en materieel,noodzakelijk voor de bouw,het onderhoud,het herstel en de vernieuwing van gebouwen;
- De voorbereiding,de opstelling en het afsluiten van alle mogelijke overeenkomsten voor openbare of particuliere werken of voor leveringen en het uitvoeren van alle verrichtingen die daarmee verband houden;
- Het verschaffen zowel aan individuele personen als aan vennootschappen,van alle prestaties,diensten en adviezen inzake management,het uitvoeren en waarnemen van managementactiviteiten in de ruimste zin van het woord;
- Het besturen van vennootschappen welk voorwerp deze vennootschappen ook hebben,het deelnemen in en het directievoeren over ondernemingen en vennootschappen,alsook het uitoefenen van de functie van bestuurder,vereffenaar of analoge functies in vennootschappen en andere rechtspersonen;
- Het verstrekken van strategisch en bedrijfsadvies,bijstand in de bedrijfsvoering op communicatief,commercieel,administratief en organisatorisch gebied;
- Het uitvoeren van alle studies en onderzoek,het verrichten van marktonderzoek,promotie,prospectie,marketing;
- De aan-en verkoop,in-en uitvoer,commissiehandel en vertegenwoordiging van om het even welke goederen,en in het kort tussenpersoon in de handel;
- Het samenstellen en uitgeven van publicaties,geschriften,boeken,websites in zijn meest ruime betekenis;
- Het beheer van een roerend en onroerend patrimonium en het valoriseren van dit patrimonium door beheersdaden zoals het huren en verhuren,het afsluiten van overeenkomsten en het verrichten van alle daden in verband met alle onroerende,gebouwde en ongebouwde gemeubelde en niet-gemeubelde goederen;
- Het bevorderen van de oprichting van vennootschappen door inbreng in speciën of natura,fusies,financiële tussenkomst of op een andere wijze,participatie of investering,en het ontwikkelen,kopen,verkopen,in licentie nemen of geven van octrooien,knowhow,en aanverwante immateriële duurzame activa,het uitvoeren of doen uitvoeren in verband met ondernemingen van research op alle technische marketing en productiegebieden,ondernemingstechnieken en dergelijke.
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- Bertoli Construct
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest, bij enkel besluit bestuursorgaan administratieve zetels,agentschappen,werkhuizen,stapelplaatsen en bijkantoren in België of…” (deed in Dutch)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “Met of zonder beperking van duur, natuurlijke personen of rechtspersonen,al dan niet aandeelhouder” (deed in Dutch)“Onbepaalde duur, aandeelhouders van groep A” (deed in Dutch)“Vaste of evenredige vergoeding, algemene kosten” (deed in Dutch)1 more provision on this in the deed
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Third Friday of June at 12:30
Oversight and winding up
- Statutory auditorA statutory auditor is a registered auditor who checks the accounts; small companies need not have one. According to the deed, the legal criteria do not require one here.
- No statutory auditor
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Beslissing algemene vergadering in vormen vereist voor statutenwijziging, op elk moment” (deed in Dutch)“Zoals inzake statutenwijziging, algemene vergadering” (deed in Dutch)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Ontbinding om welke reden en op welk ogenblik ook, onverminderd recht algemene vergadering een of meerdere vereffenaars aan te duiden” (deed in Dutch)