BERTRIX RETAIL PARK
ActiveBERTRIX RETAIL PARK has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €80k and a net result of €255k. Equity is growing by ~29.7% per year across the filed fiscal years. Its solvency ranks better than 18% of 9099 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100▲+100
Solvency1▼-32
Growth78▲+20
Stability100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4k at 30 days acceptable
Liquidity short (current ratio 0.05 against 0.04 in 2024), and 99.2% 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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
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
0.8%
Return on assets
2.6%
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
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 18% of 9099 sector peers (2025).
NBB · sector comparisonPosition among 9099 sector peers
Solvency
better than 18%
← weakest
strongest →
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 30-07-2026, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
1 d early
2024
29 d late
2023
37 d late
2022
179 d late
2021
32 d late
2020
89 d late
2019
123 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, abbreviated schema
Equity
€80k
2024 · €-175k
2018: €-37k
2019: €-471k
2020: €-576k
2021: €-352k
2022: €-215k
2023: €-207k
2024: €-175k
2018 → 2025
Total assets
€9.65M▼ 3.9%
2024 · €10.04M
2018: €1.94M
2019: €8.90M
2020: €12.17M
2021: €12.00M
2022: €11.11M
2023: €10.64M
2024: €10.04M
2018 → 2025
Net result
€255k▲ 691%
2024 · €32k
2018: €-3k
2019: €-434k
2020: €-105k
2021: €224k
2022: €137k
2023: €8k
2024: €32k
2018 → 2025
Working capital
€-9.02M▲ 8.4%
2024 · €-9.85M
2018: €-1.87M
2019: €-8.77M
2020: €-11.87M
2021: €-11.74M
2022: €-11.01M
2023: €-10.45M
2024: €-9.85M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-352k-€-215k▲ 38.9%€-207k▲ 3.7%€-175k▲ 15.6%€80k
Operating result€358k-€295k▼ 17.8%€417k▲ 41.4%€458k▲ 10.0%€678k▲ 48.1%
Net result€224k-€137k▼ 38.7%€8k▼ 94.1%€32k▲ 301%€255k▲ 691%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 48% above 2024 and is the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €9.65M
Fixed assets
€9.15M▼ 5.4%
Current assets
€495k▲ 38.4%
Equity and liabilities €9.65M
Equity
€80k
Debt
€9.57M
Debt finances 99.2% of the balance-sheet total.
Key figures and ratios
EBITDA
€1.24M▲
2024 · €1.05M
Cash flow
€820k▲
2024 · €626k
Solvency
0.8%▲
2024 · -1.7%
Current ratio
0.05▲
2024 · 0.04
Quick ratio
0.05▲
2024 · 0.04
ROE
318.8%▲
2024 · -18.4%
ROA
2.6%▲
2024 · 0.3%
Interest coverage
2.78▲
2024 · 2.46
Debt
€9.57M▼
2024 · €10.21M
Debt ≤ 1 year
€9.52M▼
2024 · €10.21M
A ratio outside any meaningful range has been withheld (balance sheet total €9.65M, equity €80k).
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€10.04M€9.65M▼
Fixed assets21/28€9.68M€9.15M▼
Tangible fixed assets22/27€9.68M€9.15M▼
Land and buildings22€9.68M€9.15M▼
Furniture and vehicles24€3k€0▼
Current assets29/58€358k€495k▲
Amounts receivable within one year40/41€216k€130k▼
Trade receivables40€216k€129k▼
Other amounts receivable41-€315
Cash at bank and in hand54/58€142k€350k▲
Deferred charges and accrued income490/1-€15k
Equity and liabilities
Total equity and liabilities10/49€10.04M€9.65M▼
Equity10/15€-175k€80k▲
Contributions10/11€139k€139k=
Capital10€139k-
Issued capital100€152k-
Uncalled capital101€12k-
Profit (loss) carried forward14€-314k€-59k▲
Amounts payable17/49€10.21M€9.57M▼
Amounts payable within one year42/48€10.21M€9.52M▼
Financial debts43€8.71M€8.05M▼
Credit institutions430/8€8.71M€8.05M▼
Trade debts44€119k€60k▼
Suppliers440/4€119k€60k▼
Taxes, remuneration and social security45€62k€86k▲
Taxes450/3€62k€86k▲
Other amounts payable47/48€1.32M€1.32M=
Accrued charges and deferred income492/3-€53k
Income statement
Code20242025
Non-recurring operating income76A€6k€0▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€594k€565k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€13k
Other operating charges640/8€122k€133k▲
Gross operating margin9900€1.17M€1.39M▲
Operating profit (loss)9901€458k€678k▲
Financial income75/76B€1k€24k▲
Recurring financial income75€1k€24k▲
Financial charges65/66B€427k€447k▲
Recurring financial charges65€427k€447k▲
Profit (loss) for the period before taxes9903€32k€255k▲
Profit (loss) for the period9904€32k€255k▲
Profit (loss) for the period to be appropriated9905€32k€255k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-314k€-59k▲
Profit (loss) brought forward from the previous period14P€-346k€-314k▲
Social balance
Average headcount (FTE)9087-0.0
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
30-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Highest result since 2018net €255k ▲691%
Operating result €678k, net result €255k, both a record.
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 29 days late
2024
06-09
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 37 days late
26-01
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 179 days late
2022
01-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 32 days late
2021
31-12
Financial
Back to profitnet €224k
Net result €224k after 3 loss-making years.
28-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 89 days late
2020
01-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 123 days late
2019
31-12
Financial
Weakest financial yearnet €-434k
Net result drops to €-434k, the lowest in the series; recovery starts the following year.
27-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 27 days late
2018
13-11
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 105 days late
2017
29-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 29 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
8 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, Brugge · 1 establishment unit since 2012
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.
Hamiltonpark 24-268000 BruggeGround area
879 m²
Building footprint
67 m²
Volume, LiDAR
704 m³
Parcel 31808M0464/00S002, Flanders · tallest building 13.1 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
Hamiltonpark 24-26, 8000 Brugge
since 20122.209.719.287
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31808M0464/00S002 | Flanders | 879 m² | 1 · 67 m² | 13.1 m · 4 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
Legal Entity Identifier
9845007D34665B2F7A29
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Of 9,633 companies in sector 68121 we hold annual accounts for 7,328. 5,202 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded24-04-2012
Fiscal year end31-12
Activities, NACEBEL
68121Development of residential building projects
68203Renting and operating of own or leased non-residential real estate, excluding land
Sources
Crossroads Bank for EnterprisesNational Bank · 14 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.