EDIL
ActiveSummary
EDIL has been active since 1992 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.7m and a net result of €215,538. Equity has been growing by about 5.1% per year since 2019. Its solvency ranks better than 95% of 11,259 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 16-07-1992 Normal situation
- Activity
- Renting and operating of own or leased non-residential real estate, excluding land NACE 68203and 1 other
- Establishment unit
- 2.058.639.908 8501 Kortrijk, since 31-08-1992
- Financial year end
- 31 December
- Peppol
- Reachable
Board and ownership
Board
- BersacoDaily manager · permanent representative Bernard Saey
- Dirk DecaluwéDirector
- Auditor
- VGD Bedrijfsrevisoren
Shareholders
- MCB International BVconsolidatesannual accounts 2023
Financial position
- Bankruptcy probabilitywithin 12 months
- < 0.1%
Annual accounts 2025
- Gross margin
- €505,784
- ▲ 15.4%
- Turnover
- ≈ €560,000
- estimated
- Profit
- €215,538
- ▲ 81.1%
- Equity
- €2.7m
- ▲ 8.8%
- Total assets
- €2.8m
- ▲ 7.9%
Filed on 16-06-2026, 45 days before the deadline
Score breakdownraises riskLiquidity: current ratio 10.81, cash €87,674lowers riskSize: total assets €2.8mFigures for financial year 2025 (filed on 17-06-2026)Equity €2.7m (96.3% of total assets)Show the evidence
Checked score
Score 2025
98
/ 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 82% of small companies in real estate (NACE 68)
Financial strength · tick: 2024
Strong
Solvency
100=
equity 96.3% of total assets
Liquidity
54+3
short-term debt 3.7% · cash 3.2%
Profitability
78+3
return on assets 7.8%
Bankruptcy probability within 12 months
< 0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: < 0.1%
01-2025: < 0.1%● unchanged vs 12-2024lowest value
02-2025: < 0.1%● unchanged vs 01-2025
03-2025: < 0.1%● unchanged vs 02-2025
04-2025: < 0.1%● unchanged vs 03-2025
05-2025: < 0.1%● unchanged vs 04-2025
06-2025: < 0.1%● unchanged vs 05-2025
07-2025: < 0.1%● unchanged vs 06-2025
08-2025: < 0.1%● unchanged vs 07-2025
09-2025: < 0.1%● unchanged vs 08-2025
10-2025: < 0.1%● unchanged vs 09-2025
11-2025: < 0.1%● unchanged vs 10-2025
12-2025: < 0.1%● unchanged vs 11-2025
01-2026: < 0.1%● unchanged vs 12-2025
02-2026: < 0.1%● unchanged vs 01-2026
03-2026: < 0.1%● unchanged vs 02-2026
04-2026: < 0.1%● unchanged vs 03-2026
05-2026: < 0.1%● unchanged vs 04-2026highest value
06-2026: < 0.1%● unchanged vs 05-2026
07-2026: < 0.1%● unchanged vs 06-2026
08-2026: < 0.1%● unchanged vs 07-2026
09-2026: < 0.1%● unchanged vs 08-2026
10-2026: < 0.1%● unchanged vs 09-2026
11-2026: < 0.1%● unchanged vs 10-2026
Credit of up to €260,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 10.81 (7.12 in 2024), above the usual 1.5. Short-term debt is 3.7% and cash 3.2% of total assets. 3.7% of the assets are financed with debt and provisions.
Calculation
The band follows from the bankruptcy probability. 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 (NACE 68, small). It does better than 92% of them on solvency, 77% on liquidity, 88% on profitability and 70% on growth.
The bankruptcy probability was computed on 01-11-2026 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
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 16-06-2026, 45 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
45 days early
2024
73 days early
2023
104 days early
2022
90 days early
2021
89 days early
2020
86 days early
2019
88 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 82 days before the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 3 May (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
02-11-2026 today31-12-2026 year end31-07-2027 deadline
Financials
Financials · financial year 2025, abbreviated format
Annual accounts 2025 filed on 16-06-2026 PDF all 34 filings
Turnover
≈ €560,000
Estimated: probably between €530,000 and €700,000
Total assets
€2.8m▲ 7.9%
2024 · €2.6m
Net result
€215,538▲ 81.1%
2024 · €119,039
Working capital
€1.0m▲ 44.3%
2024 · €696,206
Trend over the years
2021 to 2025, 5 financial years 2019 to 2025, 7 financial years
The operating result for 2025 is 62% higher than in 2024 and the highest since 2021. It is a recovery after the fall in 2024.
Operating result€0.3m
2025
Net result€0.2m
2025
Total assets€2.8m
2025
Equity€2.7m
2025
Debt€0.1m
2025
Working capital€1.0m
2025
Return on assets (ROA)7.8%
2025
Solvency96.3%
2025
Current ratio10.81
2025
Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.
Assets, equity and debt per financial year.
Above zero, the company can pay its short-term debts with what it holds in the short term.
The EBIT margin is the share of each euro of turnover left from operations. The return on assets is what the assets earn.
The higher the solvency, the better the company absorbs a setback.
A ratio above 1 means the short-term assets cover the short-term debts.
Use the arrow keys on the chart for the figures per year.
The sector band is the middle half of the companies in Real estate activities (NACE 68). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio and return on assets (ROA).
Every figure with its change against the financial year before
favourable
unfavourable
Line2019202020212022202320242025
Operating result€0.2m-€0.09m▼ 52.5%€0.1m▲ 55.3%€0.1m▼ 7.6%€0.2m▲ 34.5%€0.2m▼ 10.7%€0.3m▲ 61.9%
Net result€0.1m-€0.05mwithin the sector's middle half▼ 53.9%€0.1mwithin the sector's middle half▲ 76.4%€0.09mwithin the sector's middle half▼ 5.1%€0.1mabove the sector's middle half▲ 47.9%€0.1mabove the sector's middle half▼ 11.4%€0.2mabove the sector's middle half▲ 81.1%
Equity€2.0m-€2.0mabove the sector's middle half▲ 2.8%€2.1mabove the sector's middle half▲ 4.7%€2.2mabove the sector's middle half▲ 4.3%€2.3mabove the sector's middle half▲ 6.1%€2.5mabove the sector's middle half▲ 5.1%€2.7mabove the sector's middle half▲ 8.8%
Total assets€2.9m-€2.8mwithin the sector's middle half▼ 4.1%€2.6mwithin the sector's middle half▼ 7.7%€2.5mwithin the sector's middle half▼ 1.4%€2.4mwithin the sector's middle half▼ 5.7%€2.6mwithin the sector's middle half▲ 8.4%€2.8mwithin the sector's middle half▲ 7.9%
Debt€0.9m-€0.7m▼ 18.7%€0.4m▼ 41.3%€0.3m▼ 28.8%€0.03m▼ 89.4%€0.1m▲ 245%€0.1m▼ 10.0%
Working capital€0.6m-€0.5mwithin the sector's middle half▼ 17.6%€0.2mwithin the sector's middle half▼ 64.5%€0.2mwithin the sector's middle half▼ 1.1%€0.4mwithin the sector's middle half▲ 174%€0.7mabove the sector's middle half▲ 58.6%€1.0mabove the sector's middle half▲ 44.3%
Solvency68.2%-73.1%above the sector's middle half▲ 4.9pp82.9%above the sector's middle half▲ 9.8pp87.6%above the sector's middle half▲ 4.8pp98.6%above the sector's middle half▲ 11.0pp95.6%above the sector's middle half▼ 3.0pp96.3%above the sector's middle half▲ 0.7pp
Current ratio1.79-1.69within the sector's middle half▼ 0.101.37within the sector's middle half▼ 0.321.52within the sector's middle half▲ 0.1414.30above the sector's middle half▲ 12.787.12above the sector's middle half▼ 7.1810.81above the sector's middle half▲ 3.69
Return on assets (ROA)4.1%-2.0%within the sector's middle half▼ 2.1pp3.7%within the sector's middle half▲ 1.8pp3.6%within the sector's middle half▼ 0.1pp5.7%above the sector's middle half▲ 2.1pp4.6%within the sector's middle half▼ 1.0pp7.8%above the sector's middle half▲ 3.1pp
above
within
below
The sector band is the middle half of the companies in Real estate activities (NACE 68). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin are not published. The abbreviated format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.8m
Fixed assets
€1.7m ▼ 5.3%
Current assets
€1.1m ▲ 36.6%
Equity and liabilities €2.8m
Equity
€2.7m ▲ 8.8%
Debt
€102,398 ▼ 10.0%
Debt's share of the balance-sheet total falls from 4.4% to 3.7%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€408,162▲
2024 · €331,431
Cash flow
€370,898▲
2024 · €294,350
Debt to equity
0.04▼
2024 · 0.05
ROE
8.1%▲
2024 · 4.8%
Interest coverage
over 100
2024 · over 100
Debt ≤ 1 year
€102,398▼
2024 · €113,838
Income taxes
€57,166▲
2024 · €45,799
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Investments
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | €420,358 | €255,598 | €30,919 | €37,127 | €62,646 |
| Depreciation and write-downs of the year | €116,023 | €162,991 | €175,041 | €175,310 | €155,360 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Comparable companies
These companies have the same main activity as EDIL: renting and operating of own or leased non-residential real estate, excluding land (NACE 68203). They are comparable in size and age: total assets between €2.4m and €2.8m, founded between 1989 and 1995.
| Company | Founded | Total assets | Equity | Gross margin | Net result | FTE | Financial year |
|---|---|---|---|---|---|---|---|
| EDIL Kortrijk | 1992 | €2.8m | €2.7m | €0.5m | €0.2m | - | 2025 |
| ANTCAR Ukkel | 1995 | €2.8m | €2.5m | €0.5m | €0.1m | 0.2 | 2025 |
| CROWN PROPERTIES Elsene | 1991 | €2.8m | €1.1m | €0.4m | €0.09m | - | 2025 |
| Profi-Paint Immo Mol | 1992 | €2.8m | €1.3m | €0.4m | €0.2m | - | 2025 |
| GARAGE HOLVOET Dendermonde | 1989 | €2.8m | €1.3m | €0.4m | €0.08m | 5.2 | 2025 |
| Monceau-fontaines Charleroi | 1995 | €2.4m | €1.4m | €0.5m | €0.03m | 5.8 | 2025 |
| MOEGEVA Deinze | 1989 | €2.4m | €2.2m | €0.5m | €0.4m | - | 2025 |
They were chosen from the 6,621 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity
Companies with the same profile, two years later
Historical observationIn July 2024, 20,136 companies had the same profile as EDIL has now. Two years later, 0.2% had gone bankrupt and 95.0% were still going.
- Small
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.2%
went bankrupt
4.7%
stopped otherwise
95.0%
was still going
That fits the bankruptcy probability of EDIL itself: < 0.1% within 12 months.
Test of the method
The method was tested on the 497,445 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 20,136 companies, not a prediction for EDIL. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Annual accounts
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €76,162 | €94,848 | €116,023 | €162,991 | €175,041 | €175,310 | €155,360 | ▼ 11.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | €568 | - | - | - | - |
| Other operating charges640/8 | - | - | €64,277 | €62,242 | €75,981 | €106,806 | €97,622 | ▼ 8.6% |
| Gross operating margin9900 | €348,245 | €244,601 | €321,034 | €355,841 | €425,935 | €438,237 | €505,784 | ▲ 15.4% |
| Operating profit (loss)9901 | €190,658 | €90,619 | €140,733 | €130,040 | €174,912 | €156,120 | €252,802 | ▲ 61.9% |
| Financial income75/76B | - | - | €6,528 | €2,593 | €11,114 | €9,011 | €20,464 | ▲ 127% |
| Recurring financial income75 | €3,332 | €2,770 | €6,528 | €2,593 | €11,114 | €9,011 | €20,464 | ▲ 127% |
| Financial charges65/66B | - | - | €18,842 | €11,493 | €7,861 | €293 | €561 | ▲ 91.5% |
| Recurring financial charges65 | €27,996 | €24,635 | €18,842 | €11,493 | €7,861 | €293 | €561 | ▲ 91.5% |
| Profit (loss) for the period before taxes9903 | €165,994 | €68,753 | €128,419 | €121,140 | €178,166 | €164,838 | €272,704 | ▲ 65.4% |
| Income taxes67/77 | €48,287 | €14,507 | €32,713 | €30,282 | €43,765 | €45,799 | €57,166 | ▲ 24.8% |
| Profit (loss) for the period9904 | €117,708 | €54,246 | €95,706 | €90,858 | €134,401 | €119,039 | €215,538 | ▲ 81.1% |
| Transfer from tax-exempt reserves789 | - | - | - | - | €53,400 | - | - | - |
| Transfer to tax-exempt reserves689 | - | - | - | - | - | €50,520 | €84,200 | ▲ 66.7% |
| Profit (loss) for the period to be appropriated9905 | €64,308 | €54,246 | €95,706 | €90,858 | €187,801 | €68,519 | €131,338 | ▲ 91.7% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €2.9m | €2.8m | €2.6m | €2.5m | €2.4m | €2.6m | €2.8m | ▲ 7.9% |
| Fixed assets21/28 | €1.6m | €1.6m | €2.0m | €2.0m | €1.9m | €1.8m | €1.7m | ▼ 5.3% |
| Tangible fixed assets22/27 | €1.6m | €1.6m | €2.0m | €2.0m | €1.9m | €1.8m | €1.7m | ▼ 5.3% |
| Land and buildings22 | - | - | €1.9m | €1.9m | €1.8m | €1.7m | €1.6m | ▼ 3.9% |
| Plant, machinery and equipment23 | - | - | €0.05m | €0.07m | €0.06m | €0.07m | €0.06m | ▼ 22.5% |
| Furniture and vehicles24 | - | - | €0.05m | €0.04m | €0.04m | €0.03m | €0.02m | ▼ 34.7% |
| Current assets29/58 | €1.3m | €1.1m | €0.6m | €0.5m | €0.5m | €0.8m | €1.1m | ▲ 36.6% |
| Amounts receivable within one year40/41 | €0.02m | €0.009m | €0.08m | €0.02m | €0.008m | €0.04m | €0.08m | ▲ 106% |
| Trade receivables40 | - | - | €0.08m | €0.02m | €0.008m | €0.04m | €0.07m | ▲ 80.4% |
| Other amounts receivable41 | - | - | - | - | - | - | €0.01m | - |
| Current investments50/53 | €0.3m | €0.3m | €0.3m | €0.3m | €0.3m | €0.7m | €0.9m | ▲ 28.6% |
| Cash at bank and in hand54/58 | €1.0m | €0.8m | €0.2m | €0.1m | €0.1m | €0.02m | €0.09m | ▲ 428% |
| Deferred charges and accrued income490/1 | - | - | €0.03m | €0.05m | €0.04m | €0.02m | €0.001m | ▼ 97.2% |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €2.9m | €2.8m | €2.6m | €2.5m | €2.4m | €2.6m | €2.8m | ▲ 7.9% |
| Equity10/15 | €2.0m | €2.0m | €2.1m | €2.2m | €2.3m | €2.5m | €2.7m | ▲ 8.8% |
| Contributions10/11 | €1.4m | €1.4m | €1.4m | €1.4m | €1.4m | €1.4m | €1.4m | = |
| Capital10 | - | - | €1.4m | €1.4m | €1.4m | €1.4m | €1.4m | = |
| Issued capital100 | - | - | €1.4m | €1.4m | €1.4m | €1.4m | €1.4m | = |
| Reserves13 | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | €0.3m | €0.4m | ▲ 28.4% |
| Non-distributable reserves130/1 | - | - | €0.1m | €0.1m | €0.1m | €0.1m | €0.1m | = |
| Legal reserve130 | - | - | €0.1m | €0.1m | €0.1m | €0.1m | €0.1m | = |
| Tax-exempt reserves132 | - | - | €0.1m | €0.1m | €0.06m | €0.1m | €0.2m | ▲ 78.9% |
| Distributable reserves133 | - | - | - | - | €0.05m | €0.05m | €0.05m | = |
| Profit (loss) carried forward14 | €0.4m | €0.4m | €0.5m | €0.6m | €0.7m | €0.8m | €0.9m | ▲ 16.4% |
| Amounts payable17/49 | €0.9m | €0.7m | €0.4m | €0.3m | €0.03m | €0.1m | €0.1m | ▼ 10.0% |
| Amounts payable after more than one year17 | €0.2m | €0.09m | - | - | - | - | - | - |
| Amounts payable within one year42/48 | €0.7m | €0.7m | €0.4m | €0.3m | €0.03m | €0.1m | €0.1m | ▼ 10.0% |
| Current portion of amounts payable after more than one year42 | - | - | €0.09m | - | - | - | - | - |
| Trade debts44 | €0.06m | €0.02m | €0.07m | €0.02m | €0.01m | €0.04m | €0.02m | ▼ 48.7% |
| Suppliers440/4 | - | - | €0.07m | €0.02m | €0.01m | €0.04m | €0.02m | ▼ 48.7% |
| Taxes, remuneration and social security45 | - | - | €0.02m | €0.02m | €0.02m | €0.009m | €0.02m | ▲ 71.0% |
| Taxes450/3 | - | - | €0.02m | €0.02m | €0.02m | €0.009m | €0.02m | ▲ 71.0% |
| Other amounts payable47/48 | - | - | €0.3m | €0.3m | - | €0.07m | €0.07m | = |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €117,708 | €54,246 | €95,706 | €90,858 | €134,401 | €119,039 | €215,538 | ▲ 81.1% |
| + Depreciation and write-downs630 | €76,162 | €94,848 | €116,023 | €162,991 | €175,041 | €175,310 | €155,360 | ▼ 11.4% |
| Operating cash flow (approximation) | €193,870 | €149,094 | €211,730 | €253,849 | €309,442 | €294,350 | €370,898 | ▲ 26.0% |
| Investment in fixed assets (approximation) | - | -€115,422 | -€420,358 | -€255,598 | -€30,919 | -€37,127 | -€62,646 | ▼ 68.7% |
| Change in cash | - | -€157,769 | -€595,003 | -€83,043 | €3,481 | -€131,731 | €71,062 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Latest 10 of 34 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | abbreviated format | 16-06-2026 | 2026-00165357 | |
| 31-12-2024 | abbreviated format | 19-05-2025 | 2025-00098641 | |
| 31-12-2023 | abbreviated format | 18-04-2024 | 2024-00064503 | |
| 31-12-2022 | abbreviated format | 02-05-2023 | 2023-00079429 | |
| 31-12-2021 | abbreviated format | 03-05-2022 | 2022-20017565 | |
| 31-12-2020 | abbreviated format | 06-05-2021 | 2021-13300335 | |
| 31-12-2019 | abbreviated format | 04-05-2020 | 2020-10900287 | |
| 31-12-2018 | abbreviated format | 26-04-2019 | 2019-10600397 | |
| 31-12-2017 | full format | 07-05-2018 | 2018-12100138 | |
| 31-12-2016 | full format | 02-05-2017 | 2017-10500439 |
Board & ownership
Directors
Directors
2 directors, 1 in day-to-day management, last change in 2024
Board 2
Bersaco
Current
Director · since 03-04-2024 · 6-year term from 2024 · Private limited company · permanent representative: Bernard Saey · listed in the 2025 annual accounts, filed on 16-06-2026
Dirk Decaluwé
Current
Director · current term since 24-04-2025 · 6-year term from 2025 · listed in the 2025 annual accounts, filed on 16-06-2026
Day-to-day management 1
Bersaco
Current
Day-to-day manager · appointed in the act of 05-06-2024 · Private limited company · permanent representative: Bernard Saey
Permanent representatives 1
Bernard Saey
Current
Permanent representative · appointed in the act of 05-06-2024 · for Bersaco
Statutory auditor 1
VGD Bedrijfsrevisoren
Current
Statutory auditor · appointed in the act of 21-11-2022 · permanent representative: Jurgen Lelie
Signing authorityThe articles say who may bind the company, for example by signing a contract.
“Artikel 11. VERTEGENWOORDIGINGSBEVOEGDHEID. Het bestuursorgaan vertegenwoordigt de vennootschap jegens derden en in rechte als eiser of als…”
deed of 17-07-2023Owners and capital
Shareholders
1 ownerChain of control
- MCB International BVNL
- EDIL
Owners 1
- MCB International BVNLconsolidating parentconsolidates
Capital transactions
Shareholders according to the deeds
Stated in the act
act of 09-05-2025 ↗
- Bernard Saey
Capital over time
- 17-07-2023 Capital stated in the deed · €1,363,414.39 · 3,500 shares
Mandate history
6 people, 3 in office
- Board
- Day-to-day management
- Statutory auditor
- began earlier
- end not dated
| Name | Functions and periods |
|---|---|
| Bersaco |
|
| Dirk Decaluwé |
|
| VGD Bedrijfsrevisoren |
|
| Franciscus Peters |
|
| Sattua BV |
|
| FGC Invest |
|
Articles of association
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- “Raad kan voorzitter benoemen;bij ontstentenis of afwezigheid waarneming door aangeduide aanwezige bestuurder, collegiaal bestuursorgaan,raad…”
- Dissolution ruleThe articles set when and by whom the company can be dissolved.
- “Algemene vergadering kan te allen tijde bevoegdheden bij gewone meerderheid beperken, desgevallend één of meer vereffenaars benoemd door…”
Articles of association, deed of 17-07-2023 (in Dutch)
Network & group
Connections & network
2 current directorsThe board mandates are listed under Board mandates elsewhere. The network lets you explore the same ties.
This company
Company
Director
Shareholding
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Timeline
Acts, filings and financial milestones
Deadline for the 2026 accounts:
2026
16-06
abbreviated format · 45 days before the deadline
2025
31-12
Financial
Highest result from 2019 to 2025net €215,538 ▲81.1%
The operating result of €252,802 and the net result of €215,538 are both a record.
19-05
abbreviated format · 73 days before the deadline
09-05
Gazette deed
Reappointment: Dirk Decaluwé (director)Shareholding3 points ▸
Gazette deed
Reappointment: Dirk Decaluwé (director)
Shareholding3 points ▸
- General meeting, 24-04-2025
- Director reappointment, Dirk Decaluwé (director)
- Bernard Saey is a shareholder
2024
05-06
Gazette deed
Resignations: BV Sattua (director) and Franciscus Peters (director)Permanent representative: Bernard Saey · Appointments: Bersaco BV (director) and Dirk Decaluwé (director)9 points ▸
Gazette deed
Resignations: BV Sattua (director) and Franciscus Peters (director)
Permanent representative: Bernard Saey · Appointments: Bersaco BV (director) and Dirk Decaluwé (director)9 points ▸
- General meeting, 03-04-2024
- Director resignation, BV Sattua (director)
- Director resignation, Franciscus Peters (director)
- Permanent representative, Bernard Saey
- Other provision, “neerlegging en bekendmaking ontslagen, neerleggen ter griffie van bevoegde Ondernemingsrechtbank en bekendmaken in Bijlagen tot Belgisch Staatsblad” (deed in Dutch)
- Director appointment, Bersaco BV (director)
- Director appointment, Dirk Decaluwé (director)
- Board meeting, 03-04-2024
- Director appointment, Bersaco BV (day-to-day manager)
18-04
abbreviated format · 104 days before the deadline
2023
31-12
Financial
Liquidity more than 9 timescurrent ratio 14.30
The current ratio rises from 1.52 to 14.30. Short-term debt falls from €311,471 to €33,012.
06-11
Gazette deed
Reappointment: BV FGC Invest (director)Permanent representative: Jean Vanderstuyft3 points ▸
Gazette deed
Reappointment: BV FGC Invest (director)
Permanent representative: Jean Vanderstuyft3 points ▸
- Director reappointment, BV FGC Invest (director)
- Permanent representative, Jean Vanderstuyft
- General meeting, 2023, “27 aprii 2023” (deed in Dutch)
07-08
Gazette deed
Resignation: FGC INVEST BV (director)Permanent representative: Jean Vanderstuyft · Appointment: Franciscus Peters (director)6 points ▸
Gazette deed
Resignation: FGC INVEST BV (director)
Permanent representative: Jean Vanderstuyft · Appointment: Franciscus Peters (director)6 points ▸
- General meeting, 05-07-2023
- Director resignation, FGC INVEST BV (director)
- Permanent representative, Jean Vanderstuyft
- Director appointment, Franciscus Peters (director)
- Board meeting, 05-07-2023
- Director appointment, Franciscus Peters (day-to-day manager)
17-07
Gazette deed
Capital & shares · Amendment of the articlesCapital · Power of attorney7 points ▸
Gazette deed
Capital & shares · Amendment of the articles
Capital · Power of attorney7 points ▸
- General meeting, 05-07-2023
- Other provision, “afschaffing soorten aandelen, afschaffing onderverdeling in twee soorten” (deed in Dutch)
- Other provision, “wijziging bestuursorgaan, wijziging bepalingen” (deed in Dutch)
- Amendment of the articles
- Capital, €1,363,414.39
- Power of attorney
- Power of attorney, Yorik DESMYTTERE
06-06
Gazette deed
Reappointment: BV FGC Invest (director)Permanent representative: Jean Vanderstuyft3 points ▸
Gazette deed
Reappointment: BV FGC Invest (director)
Permanent representative: Jean Vanderstuyft3 points ▸
- General meeting, 27-04-2023
- Director reappointment, BV FGC Invest (director)
- Permanent representative, Jean Vanderstuyft
02-05
abbreviated format · 90 days before the deadline
Show earlier events
2022
21-11
Gazette deed
Reappointment: FGC Invest (director)Permanent representatives: Jean Vanderstuyft and Jurgen Lelie · Appointment: VGD Bedrijfsrevisoren BV (statutory auditor)5 points ▸
Gazette deed
Reappointment: FGC Invest (director)
Permanent representatives: Jean Vanderstuyft and Jurgen Lelie · Appointment: VGD Bedrijfsrevisoren BV (statutory auditor)5 points ▸
- General meeting, 28-04-2022
- Director reappointment, FGC Invest (director)
- Permanent representative, Jean Vanderstuyft
- Auditor appointment, VGD Bedrijfsrevisoren BV (statutory auditor)
- Permanent representative, Jurgen Lelie (vaste vertegenwoordiger voor de uitoefening van voormeld mandaat)
03-05
abbreviated format · 89 days before the deadline
2021
06-05
abbreviated format · 86 days before the deadline
2020
31-12
Financial
Weakest financial yearnet €54,246 ▼53.9%
The net result drops to €54,246, the lowest from 2019 to 2025. It recovers the following year.
31-12
Financial
Equity above €2mequity €2.0m ▲2.8%
With a profit in every financial year since 2019, equity grows to €2.0m.
04-05
abbreviated format · 88 days before the deadline
2019
26-04
abbreviated format · 96 days before the deadline
2018
07-05
full format · 85 days before the deadline
2017
02-05
full format · 90 days before the deadline
1992
01-08
Gazette deed
Incorporation
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordName
EDIL in Dutch
Enterprise number
0447.870.081
Legal form
Public limited company
Status
Active, normale toestand
Founded
16-07-1992
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 17-07-2023 (in Dutch)Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Vlaamse Gewest”
deed of 17-07-2023 (in Dutch)Registered office and establishments
Registered office
Industrielaan(Heu) 2, 8501 Kortrijk, Belgium
Establishment unit
Industrielaan(Heu) 4, 8501 Kortrijk since 31-08-1992 · unit number 2.058.639.9086523
Activities
NACEBEL 202568203
Renting and operating of own or leased non-residential real estate, excluding land main activity
82100
Office administrative and support services
Codes under NACEBEL 2008
68203
Real estate rental main activity
82110
Office administrative, office support and other business support activities
Codes under NACEBEL 2003
74855
main activity
70203
Invoicing and payment
VAT number
BE 0447.870.081
Financial year and general meeting
Accounts at the NBBFinancial year end
31-12
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
First Tuesday of June at 13:00
deed of 17-07-2023 (in Dutch)Environmental permits
1 application in Flanders since 2025 · 1 granted
Slopen of verwijderen; Verbouwen en/of uitbreiden zonder functiewijziging en zonder wijziging van aantal woongelegenheden
Source: Omgevingsloket Vlaanderen.
Sites & property
Location
Buildings and parcels at the addresses
Ground area
3.7 ha
Building footprint
2.0 ha
Building volume
176,532 m³
Tallest building: 16.5 m.
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 34016B0667/00T000 | Flanders | 2.3 ha | 1 · 1.9 ha | 16.4 m · 3 |
| 34016B0668/00N000 | Flanders | 1.4 ha | 1 · 1,076 m² | 7.1 m · 2 |