BEVERCA
ActiveSummary
BEVERCA has been active since 1988 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €171,112 and a net result of -€62,803. Equity is shrinking by ~6.8% per year across the filed fiscal years. Its solvency ranks better than 41% of 9268 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability58▲+1
Solvency47▼-3
Growth32=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €9,000 at 30 days acceptable
Liquidity short (current ratio 0.08 against 0.15 in 2024; short-term debt: 77.5% and cash: 0.7% of total assets), and 77.5% of the assets are financed with debt.
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Signals
Five 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
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← 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
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year -€62,803
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
20 d early
2023
26 d early
2022
19 d early
2021
31 d early
2020
24 d early
2019
24 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 21 days before the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% of the sector filed late.
Checked, nothing found (2)
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
26-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, abbreviated schema
In the rankings
#5 oldest company in Zele, Real estate sector
Equity
€171,112▼ 26.8%
2024 · €233,915
Total assets
€760,676▼ 18.0%
2024 · €927,922
Net result
-€62,803▲ 3.2%
2024 · -€64,847
Working capital
-€543,401▼ 5.2%
2024 · -€516,444
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result-€167,714€72,831€67,013▼ 8.0%-€55,529-€56,569▼ 1.9%
Net result-€157,670€49,319€52,348▲ 6.1%-€64,847-€62,803▲ 3.2%
Equity€197,095▼ 44.4%€246,414▲ 25.0%€298,762▲ 21.2%€233,915▼ 21.7%€171,112▼ 26.8%
Total assets€1.4m▼ 9.0%€1.1m▼ 20.8%€1.1m▼ 2.6%€927,922▼ 13.5%€760,676▼ 18.0%
Debt€1.2m▲ 4.7%€855,404▼ 28.4%€774,316▼ 9.5%€694,007▼ 10.4%€589,564▼ 15.0%
Working capital-€520,822▲ 19.9%-€450,677▲ 13.5%-€473,661▼ 5.1%-€516,444▼ 9.0%-€543,401▼ 5.2%
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 stays negative: a loss of €56,569 in 2025 against €55,529 in 2024; the loss grows.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €760,676
Fixed assets
€714,513 ▼ 14.3%
Current assets
€46,163 ▼ 51.2%
Equity and liabilities €760,676
Equity
€171,112 ▼ 26.8%
Debt
€589,564 ▼ 15.0%
Debt's share of the balance-sheet total rises from 74.8% to 77.5%. Equity and debt are lower.
Key figures and ratios
EBITDA
€62,305▼
2024 · €65,030
Cash flow
€56,072▲
2024 · €55,712
Current ratio
0.08▼
2024 · 0.15
Debt to equity
3.45▲
2024 · 2.97
ROE
-36.7%▼
2024 · -27.7%
ROA
-8.3%▼
2024 · -7.0%
Interest coverage
8.22▲
2024 · 5.61
Debt ≤ 1 year
€589,564▼
2024 · €610,979
Debt > 1 year
€0▼
2024 · €83,028
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €22,475 | €19,646 | €18,238 | €120,560 | €118,874 | ▼ 1.4% |
| Other operating charges640/8 | €210,755 | €11,079 | €9,939 | €10,275 | €13,333 | ▲ 29.8% |
| Non-recurring operating charges66A | - | €146 | €0 | - | - | - |
| Gross operating margin9900 | €65,516 | €103,701 | €95,189 | €75,305 | €75,639 | ▲ 0.4% |
| Operating profit (loss)9901 | -€167,714 | €72,831 | €67,013 | -€55,529 | -€56,569 | ▼ 1.9% |
| Financial income75/76B | €2,278 | €3,063 | €2,398 | €2,264 | €1,348 | ▼ 40.5% |
| Recurring financial income75 | €2,278 | €3,063 | €2,398 | €2,264 | €1,348 | ▼ 40.5% |
| Financial charges65/66B | €26,528 | €26,575 | €17,063 | €11,582 | €7,582 | ▼ 34.5% |
| Recurring financial charges65 | €26,528 | €26,575 | €17,063 | €11,582 | €7,582 | ▼ 34.5% |
| Profit (loss) for the period before taxes9903 | -€191,965 | €49,319 | €52,348 | -€64,847 | -€62,803 | ▲ 3.2% |
| Transfer from deferred taxes780 | €34,295 | €0 | - | - | - | - |
| Profit (loss) for the period9904 | -€157,670 | €49,319 | €52,348 | -€64,847 | -€62,803 | ▲ 3.2% |
| Transfer from tax-exempt reserves789 | €66,602 | €0 | - | - | - | - |
| Profit (loss) for the period to be appropriated9905 | -€91,067 | €49,319 | €52,348 | -€64,847 | -€62,803 | ▲ 3.2% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.4m | €1.1m | €1.1m | €927,922 | €760,676 | ▼ 18.0% |
| Fixed assets21/28 | €1.2m | €972,184 | €953,947 | €833,387 | €714,513 | ▼ 14.3% |
| Tangible fixed assets22/27 | €1.2m | €972,184 | €953,947 | €833,387 | €714,513 | ▼ 14.3% |
| Land and buildings22 | €1.2m | €972,184 | €953,947 | €833,387 | €714,513 | ▼ 14.3% |
| Financial fixed assets28 | €0 | - | - | - | - | - |
| Current assets29/58 | €169,587 | €129,634 | €119,131 | €94,535 | €46,163 | ▼ 51.2% |
| Amounts receivable within one year40/41 | €121,536 | €96,211 | €90,726 | €87,376 | €28,671 | ▼ 67.2% |
| Trade receivables40 | - | - | €21,788 | €1,973 | €0 | ▼ 100% |
| Other amounts receivable41 | €121,536 | €96,211 | €68,938 | €85,403 | €28,671 | ▼ 66.4% |
| Cash at bank and in hand54/58 | €44,371 | €28,778 | €12,990 | €4,894 | €5,622 | ▲ 14.9% |
| Deferred charges and accrued income490/1 | €3,680 | €4,644 | €15,415 | €2,264 | €11,870 | ▲ 424% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.4m | €1.1m | €1.1m | €927,922 | €760,676 | ▼ 18.0% |
| Equity10/15 | €197,095 | €246,414 | €298,762 | €233,915 | €171,112 | ▼ 26.8% |
| Contributions10/11 | €62,000 | €62,000 | €62,000 | €62,000 | €62,000 | = |
| Capital10 | €62,000 | €62,000 | €62,000 | €62,000 | €62,000 | = |
| Issued capital100 | €62,000 | €62,000 | €62,000 | €62,000 | €62,000 | = |
| Reserves13 | €135,095 | €184,414 | €236,762 | €171,915 | €109,112 | ▼ 36.5% |
| Non-distributable reserves130/1 | €12,382 | €12,382 | €12,382 | €12,382 | €12,382 | = |
| Legal reserve130 | €12,382 | €12,382 | €12,382 | €12,382 | €12,382 | = |
| Tax-exempt reserves132 | €0 | - | - | - | - | - |
| Distributable reserves133 | €122,714 | €172,032 | €224,380 | €159,533 | €96,730 | ▼ 39.4% |
| Provisions and deferred taxes16 | €0 | - | - | - | - | - |
| Deferred taxes168 | €0 | - | - | - | - | - |
| Amounts payable17/49 | €1.2m | €855,404 | €774,316 | €694,007 | €589,564 | ▼ 15.0% |
| Amounts payable after more than one year17 | €504,057 | €275,093 | €181,524 | €83,028 | €0 | ▼ 100% |
| Financial debts170/4 | €504,057 | €275,093 | €181,524 | €83,028 | €0 | ▼ 100% |
| Amounts payable within one year42/48 | €690,409 | €580,311 | €592,793 | €610,979 | €589,564 | ▼ 3.5% |
| Current portion of amounts payable after more than one year42 | €86,622 | €88,964 | €93,569 | €98,495 | €83,028 | ▼ 15.7% |
| Trade debts44 | €79,205 | €1,393 | €4,065 | €0 | €86 | - |
| Suppliers440/4 | €79,205 | €1,393 | €4,065 | €0 | €86 | - |
| Taxes, remuneration and social security45 | - | €380 | €0 | €2,026 | €0 | ▼ 100% |
| Taxes450/3 | - | €380 | €0 | €2,026 | €0 | ▼ 100% |
| Other amounts payable47/48 | €524,582 | €489,573 | €495,158 | €510,458 | €506,449 | ▼ 0.8% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€157,670 | €49,319 | €52,348 | -€64,847 | -€62,803 | ▲ 3.2% |
| + Depreciation and write-downs630 | €22,475 | €19,646 | €18,238 | €120,560 | €118,874 | ▼ 1.4% |
| Operating cash flow (approximation) | -€135,194 | €68,964 | €70,585 | €55,712 | €56,072 | ▲ 0.6% |
| Investment in fixed assets (approximation) | - | €230,145 | €0 | €0 | €0 | - |
| Change in cash | - | -€15,593 | -€15,788 | -€8,096 | €727 | ▲ 109% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
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
11-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
04-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
11-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-12
Financial
Back to profitnet €49,319
Net result €49,319 after one loss-making year.
30-12
Financial
Equity above €200,000Eq €246,414 ▲25%
Equity rises from €197,095 to €246,414.
29-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-12
Financial
Weakest financial yearnet -€157,670
Net result drops to -€157,670, the lowest in the series; recovery starts the following year.
06-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
06-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
07-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
20-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
22-06
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.
0 of 7 acts read
About the unread acts
We know of 7 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
7 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, Zele · 1 establishment unit since 1988
Ground area
1,037 m²
Building footprint
703 m²
Volume, LiDAR
2,702 m³
Parcel 42402C2036/00W002, Flanders · tallest building 10.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Beverca
since 19882.303.928.954
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 42402C2036/00W002 | Flanders | 1,037 m² | 1 · 703 m² | 10.1 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 11,756 companies in sector 68310 we hold annual accounts for 6,906. 5,222 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded09-12-1988
Fiscal year end31-12
Activities, NACEBEL 2025
68310Real estate agency activities
73110Advertising agencies
73120Media representation
Scores and ratios are computed by Checked and are not a credit decision.