BERVAN DESIGN
ActiveBERVAN DESIGN has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €349k and a net result of €243k. Equity is growing by ~2.6% per year across the filed fiscal years. Its solvency ranks better than 38% of 7692 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
72
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability99▲+1
Solvency59▼-9
Growth78=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25k at 30 days acceptable
Liquidity tight (current ratio 1.34 against 1.6 in 2024; short-term debt: 59.4% and cash: 24% of total assets), and 65.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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 43
Relative position
BE, all sectors
reference
Sector 43
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
34.5%
Return on assets
24%
Age of the figures
12 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 06-02-2026, 83 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
83 d early
2024
6 d early
2023
4 d early
2022
4 d early
2021
1 d early
2020
31 d late
2019
54 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
17-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€349k▲ 14.1%
2024 · €306k
2018: €259k
2019: €294k
2020: €361k
2021: €371k
2022: €304k
2023: €297k
2024: €306k
2018 → 2025
Total assets
€1.01M▲ 40.8%
2024 · €720k
2018: €543k
2019: €563k
2020: €684k
2021: €703k
2022: €793k
2023: €929k
2024: €720k
2018 → 2025
Net result
€243k▲ 46.4%
2024 · €166k
2018: €63k
2019: €36k
2020: €74k
2021: €10k
2022: €122k
2023: €215k
2024: €166k
2018 → 2025
Working capital
€208k▲ 14.5%
2024 · €181k
2018: €244k
2019: €262k
2020: €397k
2021: €341k
2022: €222k
2023: €205k
2024: €181k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€371k-€304k▼ 18.2%€297k▼ 2.0%€306k▲ 2.9%€349k▲ 14.1%
Operating result€12k-€129k▲ 949%€232k▲ 79.8%€188k▼ 19.0%€270k▲ 43.6%
Net result€10k-€122k▲ 1,081%€215k▲ 76.4%€166k▼ 22.9%€243k▲ 46.4%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 44% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.01M
Fixed assets
€203k▼ 14.4%
Current assets
€810k▲ 68.0%
Equity and liabilities €1.01M
Equity
€349k▲ 14.1%
Debt
€664k▲ 60.6%
The debt ratio rises from 57.5% to 65.5%. Equity and debt are higher.
Key figures and ratios
EBITDA
€316k▲
2024 · €228k
Cash flow
€289k▲
2024 · €206k
Solvency
34.5%▼
2024 · 42.5%
Current ratio
1.34▼
2024 · 1.60
Quick ratio
1.12▼
2024 · 1.40
Debt / equity
1.90▲
2024 · 1.35
ROE
69.6%▲
2024 · 54.2%
ROA
24.0%▲
2024 · 23.1%
Interest coverage
72.98▲
2024 · 43.10
Debt
€664k▲
2024 · €413k
Debt ≤ 1 year
€602k▲
2024 · €301k
Debt > 1 year
€62k▼
2024 · €113k
Income taxes
€24k▲
2024 · €18k
Staff costs
€330k▼
2024 · €358k
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€720k€1.01M▲
Fixed assets21/28€237k€203k▼
Intangible fixed assets21€617€174▼
Tangible fixed assets22/27€237k€203k▼
Land and buildings22€18k€14k▼
Plant, machinery and equipment23€199k€168k▼
Furniture and vehicles24€20k€21k▲
Financial fixed assets28€62€62=
Current assets29/58€482k€810k▲
Stocks and contracts in progress3€61k€138k▲
Stocks30/36€51k€61k▲
Contracts in progress37€10k€77k▲
Amounts receivable within one year40/41€329k€419k▲
Trade receivables40€313k€403k▲
Other amounts receivable41€15k€16k▲
Cash at bank and in hand54/58€86k€243k▲
Deferred charges and accrued income490/1€7k€10k▲
Equity and liabilities
Total equity and liabilities10/49€720k€1.01M▲
Equity10/15€306k€349k▲
Contributions10/11€28k€28k=
Reserves13€278k€321k▲
Non-distributable reserves130/1€3k€3k=
Reserves not available under the articles1311€3k€0▼
Other1319-€3k
Distributable reserves133€276k€319k▲
Profit (loss) carried forward14€0€0=
Amounts payable17/49€413k€664k▲
Amounts payable after more than one year17€113k€62k▼
Financial debts170/4€113k€62k▼
Amounts payable within one year42/48€301k€602k▲
Current portion of amounts payable after more than one year42€58k€51k▼
Trade debts44€33k€285k▲
Suppliers440/4€33k€285k▲
Advances received on contracts in progress46€0-
Taxes, remuneration and social security45€49k€63k▲
Taxes450/3€9k€27k▲
Remuneration and social security454/9€40k€36k▼
Other amounts payable47/48€160k€203k▲
Income statement
Code20242025
Remuneration, social security and pensions62€358k€330k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€40k€46k▲
Provisions for liabilities and charges: additions (uses and reversals)635/8€0-
Other operating charges640/8€5k€7k▲
Gross operating margin9900€591k€653k▲
Operating profit (loss)9901€188k€270k▲
Financial income75/76B€2k€1k▼
Recurring financial income75€2k€1k▼
Financial charges65/66B€5k€4k▼
Recurring financial charges65€5k€4k▼
Profit (loss) for the period before taxes9903€184k€267k▲
Income taxes67/77€18k€24k▲
Profit (loss) for the period9904€166k€243k▲
Transfer from tax-exempt reserves789€0-
Profit (loss) for the period to be appropriated9905€166k€243k▲
Appropriation of the result
Profit (loss) to be appropriated9906€166k€243k▲
Transfer from equity791/2€17k€0▼
Transfer to equity691/2€26k€43k▲
To other reserves6921€26k€43k▲
Profit to be distributed694/7€157k€200k▲
Return on contributions (dividend)694€17k€0▼
Directors or managers695€140k€200k▲
Social balance
Average headcount (FTE)90875.85.3▼
The notes to these accounts (20 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
06-02
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
30-09
Financial
Highest result since 2018net €243k ▲46.4%
Operating result €270k, net result €243k, both a record.
24-04
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
26-04
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
26-04
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
29-04
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
30-09
Financial
Weakest financial yearnet €10k ▼86.1%
Net result drops to €10k, the lowest in the series; recovery starts the following year.
31-05
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 31 days late
2020
23-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 54 days late
2019
30-04
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
03-04
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
09-01
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
3 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, Tielt · 1 establishment unit since 2007
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.
Tenhovestraat 2A8700 TieltGround area
3,178 m²
Building footprint
1,254 m²
Volume, LiDAR
6,770 m³
Parcel 37303H0171/00R000, Flanders · tallest building 8.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
BERVAN DESIGN
since 20072.162.841.365
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 37303H0171/00R000 | Flanders | 3,178 m² | 1 · 1,254 m² | 8.0 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.
Public money · subsidies and aid
Flemish government
2023 to 2025 · 5 entries · 3,562 EUR awarded · 3,447 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | -990 EUR | 0 EUR |
| 2024 | 2 | 3,711 EUR | 2,606 EUR |
| 2023 | 2 | 841 EUR | 841 EUR |
Schemes
Werkbaarheidscheque (stopgezet)
Stagebonus (stopgezet)
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Vlaams opleidingsverlof (VOV)
Recognitions · licences · registrations
Dual-learning approval
5 live approvals · 2 endedBinnenschrijnwerk en interieur duaal (so)
Interieurbouwer duaal (so)
Machinaal houtbewerker duaal (so)
Medewerker hout duaal (so)
Operator CNC-gestuurde houtbewerkingsmachines duaal (so)
Similar companies · same sector, comparable size
PIETER VANDENBERGHE
BE 0822.029.864
Anzegem · Eq €349k
VAN PAEMEL MARC
BE 0479.957.780
Zottegem · Eq €349k
EUROBOX CONTINENTAL
BE 0548.955.860
Wijnegem · Eq €349k
VAN DE WALLE DUPON
BE 0432.603.073
Tielt · Eq €350k
INTERIEUR VANDEN BUVERIE
BE 0690.872.404
Dentergem · Eq €350k
Of 20,031 companies in sector 43320 we hold annual accounts for 9,133. 6,641 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded26-03-2007
Fiscal year end30-09
Activities, NACEBEL
31004Manufacture of dining room, living room, bedroom and bathroom furniture
36141
43320Joinery installation
45421
45422
Sources
Crossroads Bank for EnterprisesNational Bank · 19 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.