LE BERGER
ActiveLE BERGER has been active since 1987 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €158k and a net result of €22k. Equity is growing by ~17.2% per year across the filed fiscal years. Its solvency ranks better than 55% of 801 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
62
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability75▼-3
Solvency60▲+4
Growth78=
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €9k at 30 days acceptable
Liquidity short (current ratio 0.15 against 0.11 in 2024; short-term debt: 42.2% and cash: 1.5% of total assets), and 65.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Sector 56
higher
← 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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
34.8%
Return on assets
4.9%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-08-2026, 27 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
27 d late
2024
25 d late
2023
29 d late
2022
30 d late
2021
30 d late
2020
23 d late
2019
63 d late
← before the deadline
after the deadline →
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
18-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
€226k
EBIT margin
19.2%
Net result
€22k▼ 30.4%
2024 · €32k
2018: €-5k
2019: €502
2020: €5k
2021: €25k
2022: €26k
2023: €-7k
2024: €32k
2018 → 2025
Working capital
€-162k▼ 11.3%
2024 · €-145k
2018: €-29k
2019: €-74k
2020: €-52k
2021: €-130k
2022: €-135k
2023: €-120k
2024: €-145k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€226k
Equity€85k-€111k▲ 30.5%€104k▼ 6.3%€136k▲ 30.6%€158k▲ 16.3%
Operating result€35k-€43k▲ 25.0%€4k▼ 91.2%€50k▲ 1,216%€40k▼ 19.7%
Net result€25k-€26k▲ 1.6%€-7k€32k€22k▼ 30.4%
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 20% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €453k
Fixed assets
€424k▲ 2.8%
Current assets
€29k▲ 57.5%
Equity and liabilities €453k
Equity
€158k▲ 16.3%
Debt
€295k=
The debt ratio falls from 68.5% to 65.2%. Equity is higher.
Key figures and ratios
EBITDA
€50k▼
2024 · €58k
Cash flow
€32k▼
2024 · €40k
Solvency
34.8%▲
2024 · 31.5%
Current ratio
0.15▲
2024 · 0.11
Quick ratio
0.14▲
2024 · 0.10
Debt / equity
1.87▼
2024 · 2.18
ROE
14.0%▼
2024 · 23.4%
ROA
4.9%▼
2024 · 7.4%
Interest coverage
8.35▼
2024 · 14.40
Debt
€295k=
2024 · €295k
Debt ≤ 1 year
€191k▲
2024 · €164k
Debt > 1 year
€88k▼
2024 · €119k
Income taxes
€12k▼
2024 · €15k
Staff costs
€15k▼
2024 · €21k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€431k€453k▲
Formation expenses20€0€0=
Fixed assets21/28€412k€424k▲
Tangible fixed assets22/27€19k€30k▲
Land and buildings22€0€0=
Plant, machinery and equipment23€1k€14k▲
Furniture and vehicles24€17k€15k▼
Other tangible fixed assets26€480€119▼
Financial fixed assets28€394k€394k=
Current assets29/58€19k€29k▲
Stocks and contracts in progress3€2k€2k▼
Stocks30/36€2k€2k▼
Amounts receivable within one year40/41€5k€19k▲
Trade receivables40€5k€18k▲
Other amounts receivable41€283€288▲
Cash at bank and in hand54/58€10k€7k▼
Deferred charges and accrued income490/1€2k€2k▲
Equity and liabilities
Total equity and liabilities10/49€431k€453k▲
Equity10/15€136k€158k▲
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€4k€4k=
Non-distributable reserves130/1€4k€4k=
Legal reserve130€4k€4k=
Profit (loss) carried forward14€70k€92k▲
Amounts payable17/49€295k€295k=
Amounts payable after more than one year17€119k€88k▼
Financial debts170/4€119k€88k▼
Amounts payable within one year42/48€164k€191k▲
Current portion of amounts payable after more than one year42€35k€33k▼
Trade debts44€11k€19k▲
Suppliers440/4€11k€19k▲
Taxes, remuneration and social security45€22k€30k▲
Taxes450/3€20k€27k▲
Remuneration and social security454/9€2k€3k▲
Other amounts payable47/48€96k€108k▲
Accrued charges and deferred income492/3€13k€16k▲
Income statement
Code20242025
Non-recurring operating income76A€881€2▼
Goods, raw materials, services and sundry goods60/61€186k-
Remuneration, social security and pensions62€21k€15k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8k€9k▲
Other operating charges640/8€17k€13k▼
Non-recurring operating charges66A€14€0▼
Gross operating margin9900€96k€78k▼
Operating profit (loss)9901€50k€40k▼
Financial income75/76B-€15
Recurring financial income75-€15
Financial charges65/66B€4k€6k▲
Recurring financial charges65€4k€6k▲
Profit (loss) for the period before taxes9903€46k€35k▼
Income taxes67/77€15k€12k▼
Profit (loss) for the period9904€32k€22k▼
Profit (loss) for the period to be appropriated9905€32k€22k▼
Appropriation of the result
Profit (loss) to be appropriated9906€70k€92k▲
Profit (loss) brought forward from the previous period14P€38k€70k▲
Social balance
Average headcount (FTE)90870.40.3▼
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
27-08
NBB filing
Annual accounts filed
fiscal year 2025 · full schema · 27 days late
2025
31-12
Financial
Equity above €150kEq €158k ▲16.3%
2 profitable years in a row build equity to €158k.
25-08
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 25 days late
2024
31-12
Financial
Back to profitnet €32k
Net result €32k after one loss-making year.
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 29 days late
2023
31-12
Financial
Weakest financial yearnet €-7k ▼127%
Net result drops to €-7k, the lowest in the series; recovery starts the following year.
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 30 days late
2022
31-12
Financial
Equity above €100kEq €111k ▲30.5%
4 profitable years in a row build equity to €111k.
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 30 days late
2021
23-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 23 days late
2020
02-10
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 63 days late
2019
31-12
Financial
Back to profitnet €502
Net result €502 after one loss-making year.
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 30 days late
2018
17-09
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 48 days late
2017
22-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 22 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 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, Liège · 1 establishment unit since 1987
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.
Rue des Urbanistes 104000 LiègeGround area
84 m²
Building footprint
59 m²
Parcel 62813E0304/00B000, Wallonia. Linked by address, not a title deed.
1 establishment unit
Hôtel Les Acteurs
since 19872.030.424.784
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62813E0304/00B000 | Wallonia | 84 m² | 1 · 59 m² | - |
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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteLiège2.030.424.784
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Of 14,028 companies in sector 56301 we hold annual accounts for 4,894. 3,323 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded14-08-1987
Fiscal year end31-12
Activities, NACEBEL
55100Hotels and similar accommodation
55101Hotels
55401
56301Cafés and bars
55203Holiday cottages, homes and apartments
55232
Sources
Crossroads Bank for EnterprisesNational Bank · 38 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.