BERVOETS
ActiveBERVOETS has been active since 1994 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €747k and a net result of €-87k. Equity is growing by ~11.4% per year across the filed fiscal years. Its solvency ranks better than 79% of 1220 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability0=
Solvency100=
Growth52=
Stability100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €40k at 30 days acceptable
Liquidity ample (current ratio 4.05 against 4.15 in 2023), and 28.7% 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 · 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 · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 25
Relative position
BE, all sectors
reference
Sector 25
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
71.3%
Return on assets
-8.3%
Age of the figures
20 mo
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity fell accordingly. May indicate structural pressure on profitability.
NBB · annual accounts 2024Net result per financial year
18192021222324
2018 to 2024 · latest year -€87k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-06-2025, 31 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
31 d early
2023
15 d early
2022
61 d early
2021
44 d early
2020
36 d early
2019
50 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Equity
€747k▼ 10.4%
2023 · €834k
2018: €407k
2019: €491k
2020: €617k
2021: €830k
2022: €921k
2023: €834k
2018 → 2024
Total assets
€1.05M▼ 12.5%
2023 · €1.20M
2018: €925k
2019: €1.01M
2020: €1.15M
2021: €1.29M
2022: €1.30M
2023: €1.20M
2018 → 2024
Net result
€-87k▼ 150%
2023 · €-35k
2018: €113k
2019: €86k
2020: €128k
2021: €214k
2022: €155k
2023: €-35k
2018 → 2024
Working capital
€495k▼ 9.6%
2023 · €548k
2018: €184k
2019: €265k
2020: €371k
2021: €484k
2022: €580k
2023: €548k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€617k-€830k▲ 34.5%€921k▲ 11.0%€834k▼ 9.4%€747k▼ 10.4%
Operating result€195k-€312k▲ 60.2%€215k▼ 31.1%€-22k€-86k▼ 298%
Net result€128k-€214k▲ 67.9%€155k▼ 27.4%€-35k€-87k▼ 150%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €86k in 2024 against €22k in 2023; the loss grows and 2024 is the lowest year so far.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.05M
Fixed assets
€390k▼ 18.0%
Current assets
€658k▼ 8.8%
Equity and liabilities €1.05M
Equity
€747k▼ 10.4%
Debt
€301k▼ 17.1%
The debt ratio falls from 30.3% to 28.7%: debt falls faster than equity shrinks.
Key figures and ratios
EBITDA
€6k▼
2023 · €75k
Cash flow
€5k▼
2023 · €62k
Solvency
71.3%▲
2023 · 69.7%
Current ratio
4.05▼
2023 · 4.15
Quick ratio
3.32▼
2023 · 3.55
Debt / equity
0.40▼
2023 · 0.43
ROE
-11.7%▼
2023 · -4.2%
ROA
-8.3%▼
2023 · -2.9%
Interest coverage
1.21▼
2023 · 4.86
Debt
€301k▼
2023 · €363k
Debt ≤ 1 year
€163k▼
2023 · €174k
Debt > 1 year
€135k▼
2023 · €187k
Income taxes
€77▼
2023 · €193
Staff costs
€219k▲
2023 · €188k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€1.20M€1.05M▼
Fixed assets21/28€476k€390k▼
Tangible fixed assets22/27€475k€390k▼
Land and buildings22€302k€270k▼
Plant, machinery and equipment23€112k€79k▼
Furniture and vehicles24€61k€41k▼
Financial fixed assets28€135€135=
Current assets29/58€721k€658k▼
Stocks and contracts in progress3€105k€117k▲
Stocks30/36€105k€117k▲
Amounts receivable within one year40/41€300k€215k▼
Trade receivables40€243k€204k▼
Other amounts receivable41€57k€10k▼
Cash at bank and in hand54/58€303k€313k▲
Deferred charges and accrued income490/1€13k€13k▼
Equity and liabilities
Total equity and liabilities10/49€1.20M€1.05M▼
Equity10/15€834k€747k▼
Contributions10/11€75k€75k=
Capital10€75k€75k=
Issued capital100€75k€75k=
Reserves13€794k€794k=
Non-distributable reserves130/1€438k€438k=
Legal reserve130€8k€8k=
Financial assistance1313€430k€430k=
Distributable reserves133€357k€357k=
Profit (loss) carried forward14€-35k€-122k▼
Amounts payable17/49€363k€301k▼
Amounts payable after more than one year17€187k€135k▼
Financial debts170/4€187k€135k▼
Amounts payable within one year42/48€174k€163k▼
Current portion of amounts payable after more than one year42€50k€52k▲
Trade debts44€92k€74k▼
Suppliers440/4€92k€74k▼
Taxes, remuneration and social security45€32k€36k▲
Taxes450/3€8k€11k▲
Remuneration and social security454/9€24k€25k▲
Accrued charges and deferred income492/3€2k€3k▲
Income statement
Code20232024
Remuneration, social security and pensions62€188k€219k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€96k€92k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€317
Other operating charges640/8€10k€10k▲
Gross operating margin9900€273k€235k▼
Operating profit (loss)9901€-22k€-86k▼
Financial income75/76B€2k€4k▲
Recurring financial income75€2k€4k▲
Financial charges65/66B€15k€5k▼
Recurring financial charges65€15k€5k▼
Profit (loss) for the period before taxes9903€-35k€-87k▼
Income taxes67/77€193€77▼
Profit (loss) for the period9904€-35k€-87k▼
Profit (loss) for the period to be appropriated9905€-35k€-87k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-35k€-122k▼
Profit (loss) brought forward from the previous period14P-€-35k
Transfer from equity791/2€52k-
Profit to be distributed694/7€52k-
Return on contributions (dividend)694€52k-
Social balance
Average headcount (FTE)90872.83.0▲
The notes to these accounts (17 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
30-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Weakest financial yearnet €-87k
Net result drops to €-87k, the lowest in the series.
16-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-05
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
17-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Highest result since 2018net €214k ▲67.9%
Operating result €312k, net result €214k, both a record.
25-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Equity above €500kEq €617k ▲25.7%
3 profitable years in a row build equity to €617k.
11-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
29-05
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
29-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
26-04
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
20-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated 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, Tessenderlo-Ham · 1 establishment unit since 1994
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.
Industrieweg (H) 233980 Tessenderlo-HamGround area
849 m²
Building footprint
175 m²
Volume, LiDAR
841 m³
Parcel 71363C1216/00H000, Flanders · tallest building 9.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
BERVOETS
since 19942.065.309.548
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71363C1216/00H000 | Flanders | 849 m² | 1 · 175 m² | 8.9 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 · 3 entries · 1,757 EUR awarded · 1,757 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 615 EUR | 615 EUR |
| 2024 | 1 | 219 EUR | 219 EUR |
| 2023 | 1 | 923 EUR | 923 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Dual-learning approval
3 live approvalsLassen-constructie duaal (so)
Lasser-monteerder (vwo)
Lasser-monteerder duaal (so)
Similar companies · same sector, comparable size
ISOCROBEL
BE 0643.780.189
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STEVA ENGINEERING
BE 0479.908.290
Ledegem · Eq €745k
LD METAL
BE 0500.623.730
Bertrix · Eq €754k
RONNY VAN HOVE
BE 0896.193.094
Herent · Eq €740k
DEGRIJSE CONSTRUCTIEBEDRIJF
BE 0456.854.558
Staden · Eq €738k
Of 3,964 companies in sector 25110 we hold annual accounts for 2,132. 1,436 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded07-01-1994
Fiscal year end31-12
Activities, NACEBEL
25110Manufacture of metal structures and parts of structures
28110
46649Wholesale of other machinery and equipment
51872
Sources
Crossroads Bank for EnterprisesNational Bank · 30 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.