Commerbe
ActiveSummary
Commerbe has been active since 1971 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€13,437) and a net result of -€594. Equity is growing by about 19% per year across the filed financial years. The computed 12-month bankruptcy probability is 0.2% (very low).
Overview
- Equity
- -€13,437
- Loss
- -€594
- Bernadette BRONCHAINManaging director
- Françoise BRONCHAINManaging director
- Laurent BRONCHAINManaging director
Why 54raises riskCapped at 59: negative equityNegative equity -€13,437Loss of €594 (financial year 2025)lowers riskSize: total assets €26,837Founded in 1971Show the evidence
Checked score
About 2 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 5% on solvency, 35% on liquidity, 22% on profitability and 32% on growth.
The bankruptcy probability was computed on 26-10-2026 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 7 accounts on average 14 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 · micro…
- Annual accounts filedfinancial year 2024 · micro…
- Back to profitnet €19,021
Financials · financial year 2025, micro format
2021 to 2025, 5 financial years 2019 to 2025, 7 financial years
The operating result turns negative in 2025: a loss of €548 after €20,750 in 2024.
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 2,796 companies that looked in July 2024 the way this one looks now, 2.1% went bankrupt within 24 months and 90.3% are still going.
- Micro
- 20 years or older
- negative equity
- a small loss
A further 1.5% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 0.2% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
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 2,796 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 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Turnover70 | €1,765 | €1,330 | €0 | - | - | - | - | - |
| Non-recurring operating income76A | - | - | - | - | - | €23,860 | - | - |
| Goods, raw materials, services and sundry goods60/61 | - | - | - | - | - | €2,878 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €0 | €0 | - | - | - | - | - | - |
| Other operating charges640/8 | - | - | - | €295 | €316 | €231 | €385 | ▲ 66.3% |
| Gross operating margin9900 | -€5,740 | -€7,941 | -€965 | -€826 | -€1,067 | €20,982 | -€163 | - |
| Operating profit (loss)9901 | -€13,327 | -€8,117 | -€1,248 | -€1,121 | -€1,383 | €20,750 | -€548 | - |
| Financial charges65/66B | - | - | - | €40 | €42 | €1,729 | €47 | ▼ 97.3% |
| Recurring financial charges65 | €27 | €29 | €33 | €40 | €42 | €42 | €47 | ▲ 10.7% |
| Non-recurring financial charges66B | - | - | - | - | - | €1,687 | - | - |
| Profit (loss) for the period before taxes9903 | -€13,354 | €50,403 | -€1,281 | -€1,161 | -€1,425 | €19,021 | -€594 | - |
| Profit (loss) for the period9904 | -€13,354 | €50,403 | -€1,281 | -€1,161 | -€1,425 | €19,021 | -€594 | - |
| Profit (loss) for the period to be appropriated9905 | -€13,354 | €50,403 | -€1,281 | -€1,161 | -€1,425 | €19,021 | -€594 | - |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €77,771 | €108,444 | €12,451 | €11,040 | €9,673 | €28,609 | €26,837 | ▼ 6.2% |
| Fixed assets21/28 | €67,592 | €1,140 | €1,140 | €1,140 | €1,140 | - | - | - |
| Tangible fixed assets22/27 | €67,592 | €1,140 | €1,140 | €1,140 | €1,140 | - | - | - |
| Land and buildings22 | - | - | - | €1,140 | €1,140 | - | - | - |
| Current assets29/58 | €10,180 | €107,303 | €11,311 | €9,900 | €8,533 | €28,609 | €26,837 | ▼ 6.2% |
| Amounts receivable within one year40/41 | €5,750 | €5,950 | €5,950 | €2,250 | €2,447 | €197 | - | - |
| Trade receivables40 | - | - | - | €2,250 | €2,447 | €197 | - | - |
| Cash at bank and in hand54/58 | €4,430 | €101,353 | €5,361 | €7,650 | €6,086 | €28,412 | €26,837 | ▼ 5.5% |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €77,771 | €108,444 | €12,451 | €11,040 | €9,673 | €28,609 | €26,837 | ▼ 6.2% |
| Equity10/15 | -€78,399 | -€27,996 | -€29,278 | -€30,439 | -€31,864 | -€12,843 | -€13,437 | ▼ 4.6% |
| Contributions10/11 | €347,150 | €347,150 | €347,150 | €347,150 | €347,150 | €347,150 | €347,150 | = |
| Capital10 | - | - | - | €347,150 | €347,150 | €347,150 | €347,150 | = |
| Issued capital100 | - | - | - | €347,150 | €347,150 | €347,150 | €347,150 | = |
| Reserves13 | €17,358 | €17,358 | €17,358 | €17,358 | €17,358 | €17,358 | €17,358 | = |
| Non-distributable reserves130/1 | - | - | - | €17,358 | €17,358 | €17,358 | €17,358 | = |
| Legal reserve130 | - | - | - | €17,358 | €17,358 | €17,358 | €17,358 | = |
| Profit (loss) carried forward14 | -€442,907 | -€392,504 | -€393,785 | -€394,946 | -€396,371 | -€377,350 | -€377,944 | ▼ 0.2% |
| Amounts payable17/49 | €156,170 | €136,440 | €41,729 | €41,479 | €41,537 | €41,452 | €40,274 | ▼ 2.8% |
| Amounts payable after more than one year17 | €60,000 | €60,000 | - | - | - | - | - | - |
| Amounts payable within one year42/48 | €96,170 | €76,440 | €41,729 | €41,479 | €41,537 | €41,452 | €40,274 | ▼ 2.8% |
| Trade debts44 | €43,020 | €36,289 | €1,578 | €1,328 | €1,386 | €1,301 | €123 | ▼ 90.6% |
| Suppliers440/4 | - | - | - | €1,328 | €1,386 | €1,301 | €123 | ▼ 90.6% |
| Other amounts payable47/48 | - | - | - | €40,151 | €40,151 | €40,151 | €40,151 | = |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€13,354 | €50,403 | -€1,281 | -€1,161 | -€1,425 | €19,021 | -€594 | - |
| + Depreciation and write-downs630 | €0 | €0 | - | - | - | - | - | - |
| Operating cash flow (approximation) | -€13,354 | €50,403 | -€1,281 | -€1,161 | -€1,425 | €19,021 | -€594 | - |
| Investment in fixed assets (approximation) | - | €66,451 | €0 | €0 | €0 | - | - | - |
| Change in cash | - | €96,924 | -€95,992 | €2,289 | -€1,564 | €22,326 | -€1,575 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 46 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 30-09-2025 | micro format | 22-04-2026 | 2026-00086260 |
| 30-09-2024 | micro format | 26-05-2025 | 2025-00110805 |
| 30-09-2023 | micro format | 04-04-2024 | 2024-00060693 |
| 30-09-2022 | micro format | 31-03-2023 | 2023-00050882 |
| 30-09-2021 | micro format | 31-03-2022 | 2022-09600125 |
| 30-09-2020 | micro format | 31-03-2021 | 2021-09500124 |
| 30-09-2019 | micro format | 30-04-2020 | 2020-10700322 |
| 30-09-2018 | micro format | 10-04-2019 | 2019-09700143 |
| 30-09-2017 | full format | 30-03-2018 | 2018-08800212 |
| 30-09-2016 | full format | 31-03-2017 | 2017-08700148 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Board 3
Day-to-day management 3
Not every act has been read: a resignation may still be missing
Mandate history
- Board
- Day-to-day management
- began earlier
| Name | Functions and periods |
|---|---|
| Bernadette BRONCHAIN |
|
| Françoise BRONCHAIN |
|
| Laurent BRONCHAIN |
|
| Janine TROUPIN |
|
Owners and capital
Capital and shareholders
- 06-11-2023 Capital stated in the deed · €347,150.09 · 14,004 shares
Group and network
Connections & network
3 current directorsThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
Acts, filings and financial milestones
06-11
Gazette deed
Resignations: Janine TROUPIN, Laurent BRONCHAIN and 2 othersReappointments: Laurent BRONCHAIN (managing director) and Bernadette BRONCHAIN (managing director) · Appointments: Françoise BRONCHAIN, Laurent BRONCHAIN and Bernadette BRONCHAIN · Director discharge21 facts ▸
- General meeting, 26-10-2023
- General meeting, 27-03-2023
- Director resignation, Janine TROUPIN (director) (2 times)
- Director discharge, Janine TROUPIN (director)
- Director reappointment, Laurent BRONCHAIN (managing director)
- Director reappointment, Bernadette BRONCHAIN (managing director)
- Director appointment, Françoise BRONCHAIN (managing director) (2 times)
- Amendment of the articles (2 times)
- Capital, €347,150.09
- Other provision, “autorisations préalables, exercice de l'objet social” (deed in French)
- Director resignation, Laurent BRONCHAIN (director)
- Director resignation, Bernadette BRONCHAIN (director)
- +9 further facts in this act
About the unread acts
Of the 4 Belgian Official Gazette deeds we know for this company, 1 has been read. The other 3 have not been read yet: what they contain is neither established nor disproved here.
Register details
No listing in the Peppol Directory under this enterprise or VAT number. That proves nothing: being listed there is voluntary.
What can you do?
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If you follow this company, Checked tells you the day it appears in the Peppol register.
Register as of 27 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 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 92128C0399/00R000 | Wallonia | 221 m² | 1 · 86 m² | 9.5 m · 2 |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “L’achat, la vente, l’échange, la construction, la reconstruction, la démolition, la transformation, la mise en valeur, le lotissement…” (deed in French)
3 activities (deed in French)
- L’achat, la vente, l’échange, la construction, la reconstruction, la démolition, la transformation, la mise en valeur, le lotissement, l’exploitation, la location et l’affermage de tous immeubles bâtis ou non bâtis et, en général, toutes opérations immobilières tant en Belgique qu’à l’étranger, pour son propre compte ou pour le compte de tiers ou bien en participation avec ceux-ci
- Faire et accomplir toutes opérations civiles ou commerciales, immobilières ou mobilières, se rattachant directement ou indirectement, en tout ou en partie, à l’une ou l’autre branche de son activité ou pouvant lui être utile ou le faciliter ; elle peut cautionner pour autrui
- S’intéresser par voie d’apport, de fusion, de souscription ou de toute autre manière dans toutes entreprises ou sociétés dont l’objet serait similaire, connexe ou simplement utile à la réalisation de tout ou partie de son objet social
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- Commerbe
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Région wallonne, établir ou supprimer sièges administratifs, agences, ateliers, dépôts et succursales tant en Belgique qu’à l’étranger par…” (deed in French)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “Dispositions suivantes applicables” (deed in French)“Conseil d'administration, 3” (deed in French)“Indéterminée, administrateur unique” (deed in French)
Capital, shares and profit
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Conformément à article 1:32 CSA, mêmes formalités si ne deviennent pas de plein droit actionnaires” (deed in French)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Second Monday of March
Oversight and winding up
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “27, dissolution pour quelque raison que ce soit et à n'importe quel moment” (deed in French)“28, assemblée générale en décide autrement” (deed in French)“29, paiement de toutes dettes,charges et frais ou consignation des montants nécessaires” (deed in French)