BETHLEHEM
ActiveSummary
BETHLEHEM has been active since 2009 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €901,868 and a net result of -€58,369. The computed 12-month bankruptcy probability is below 0.1% (very low).
Overview
- Equity
- €901,868
- Deficit
- -€58,369
- Derek de WildeDirector
- Kris BertelsDirector
Why 93raises risk1 of the last 3 lateLoss of €58,369, the second in a row (financial year 2025)lowers riskLegal form: non-profit associationSize: total assets €949,535Show the evidence
Checked score
Fewer than 1 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 (no NACE code, micro): better than 81% on solvency, 48% on liquidity, 12% on profitability and 41% on growth.
The bankruptcy probability was computed on 28-10-2026 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
This company filed its last 2 accounts on average 28 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2025 · full…
- Annual accounts filedfinancial year 2024 · full…
- Annual accounts filedfinancial year 2024 · abbreviated…
Financials · financial year 2025, full format
2024 to 2025, 2 financial years
The operating result stays negative: a loss of €58,155 in 2025 against €17,111 in 2024; the loss grows.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Use the arrow keys on the chart for the figures per year.
Peer companies
Historical observationOf the 2,686 companies that looked in July 2024 the way this one looks now, 0.6% went bankrupt within 24 months and 93.7% are still going.
- Small
- 10 to 20 years old
- solvency 30% or more
- a small loss
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of < 0.1% 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 497,445 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 2,686 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 | 2024 | 2025 | Change |
|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €21,417 | €22,393 | ▲ 4.6% |
| Other operating charges640/8 | €14,414 | €3,244 | ▼ 77.5% |
| Gross operating margin9900 | €18,721 | -€32,519 | - |
| Operating profit (loss)9901 | -€17,111 | -€58,155 | ▼ 240% |
| Financial income75/76B | €638 | €408 | ▼ 36.1% |
| Recurring financial income75 | €638 | €408 | ▼ 36.1% |
| Financial charges65/66B | €225 | €621 | ▲ 176% |
| Recurring financial charges65 | €225 | €621 | ▲ 176% |
| Profit (loss) for the period before taxes9903 | -€16,698 | -€58,369 | ▼ 250% |
| Profit (loss) for the period9904 | -€16,698 | -€58,369 | ▼ 250% |
| Profit (loss) for the period to be appropriated9905 | -€16,698 | -€58,369 | ▼ 250% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €931,611 | €949,535 | ▲ 1.9% |
| Fixed assets21/28 | €671,419 | €770,560 | ▲ 14.8% |
| Tangible fixed assets22/27 | €671,419 | €770,560 | ▲ 14.8% |
| Other tangible fixed assets26 | €599,703 | €770,560 | ▲ 28.5% |
| Assets under construction and advance payments27 | €71,716 | - | - |
| Current assets29/58 | €260,192 | €178,975 | ▼ 31.2% |
| Amounts receivable within one year40/41 | €113,129 | €33,377 | ▼ 70.5% |
| Other amounts receivable41 | €113,129 | €33,377 | ▼ 70.5% |
| Current investments50/53 | €121,544 | €121,544 | = |
| Cash at bank and in hand54/58 | €25,388 | €23,811 | ▼ 6.2% |
| Deferred charges and accrued income490/1 | €132 | €242 | ▲ 83.1% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €931,611 | €949,535 | ▲ 1.9% |
| Equity10/15 | €910,237 | €901,868 | ▼ 0.9% |
| Reserves13 | €48,487 | €42,878 | ▼ 11.6% |
| Profit (loss) carried forward14 | €861,749 | €808,989 | ▼ 6.1% |
| Investment grants15 | - | €50,000 | - |
| Amounts payable17/49 | €21,374 | €47,667 | ▲ 123% |
| Amounts payable within one year42/48 | €17,461 | €43,065 | ▲ 147% |
| Trade debts44 | €9,809 | €35,413 | ▲ 261% |
| Suppliers440/4 | €9,809 | €35,413 | ▲ 261% |
| Accrued charges and deferred income492/3 | €3,913 | €4,602 | ▲ 17.6% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | -€16,698 | -€58,369 | ▼ 250% |
| + Depreciation and write-downs630 | €21,417 | €22,393 | ▲ 4.6% |
| Operating cash flow (approximation) | €4,719 | -€35,976 | - |
| Investment in fixed assets (approximation) | - | -€121,534 | - |
| Change in cash | - | -€1,577 | - |
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 (3)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | full format | 06-07-2026 | 2026-00270573 |
| 31-12-2024 | full format | 06-07-2026 | 2026-00269893 |
| 31-12-2024 | abbreviated format | 30-06-2025 | 2025-00209972 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Not every act has been read: a resignation may still be missing
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| Derek de Wilde |
|
| Kris Bertels |
|
| Jean Kockerols |
|
Owners and capital
Owners
This non-profit association has no shareholders or capital.
Group and network
Connections & network
2 current directorsThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
Acts, filings and financial milestones
28-05
Gazette deed
Resignation: Jean Kockerols (director)Appointments: Derek de Wilde (director) and Kris Bertels (director)10 facts ▸
- General meeting, 13-06-2024
- Director resignation, Jean Kockerols (director)
- Director appointment, Derek de Wilde (director)
- Director appointment, Kris Bertels (director)
- Board composition, Derek de Wilde (director)
- Board composition, Kris Bertels (director)
- Board composition, Thierry Claessens (director)
- Board composition, Paul Delva (director)
- Board composition, Patrick du Bois (director)
- Board composition, HermanCosijns (director)
07-10
Gazette deed
Amendment of the articlesGeneral meeting1 fact ▸
- General meeting, 22-06-2022
About the unread acts
Of the 8 Belgian Official Gazette deeds we know for this company, 3 have been read. The other 5 have not been read yet: what they contain is neither established nor disproved here.
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 21013B0112/00A011 | Brussels | 780 m² | 1 · 469 m² | 23.2 m · 7 |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “Promouvoir le développement de l'habitat social; L'association peut accomplir tous les actes juridiques nécessaires ou utiles à la…” (deed in French)
5 activities (deed in French)
- Promouvoir le développement de l'habitat social.
- L'association peut accomplir tous les actes juridiques nécessaires ou utiles à la réalisation de son but désintéressé.
- A cette fin,elle peut acquérir ou posséder tout bien meuble ou immeuble,en propriété ou autrement.
- Elle peut utiliser,gérer ou mettre ces biens à disposition.
- L'association peut également entreprendre toute activité économique complémentaire afin d'atteindre son but désintéressé.
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- Bethléhem
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Tribunal de l'entreprise néerlandophone de Bruxelles, Région de Bruxelles-Capitale” (deed in French)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- “Art. 14 § 1L'organe d'administration dirige, représente et lie valablement l'association, sans autorisation complémentaire de l'assemblée…”
- Board ruleHow the board is made up, meets and takes decisions.
- One provision in the deed
Capital, shares and profit
- Membership ruleWho can become a member or partner, and on what terms.
- “Illimité, nombre de membres” (deed in French)“Durée et fin qualité de membre, indéterminée” (deed in French)2 more provisions on this in the deed
Oversight and winding up
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Dissolution volontaire, un ou deux liquidateurs” (deed in French)