TEN BERNARDSPLAS
ActiveTEN BERNARDSPLAS has been active since 1991 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.18M and a net result of €213k. Equity is growing by ~10.2% per year across the filed fiscal years. Its solvency ranks better than 77% of 479 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
86
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability78▼-20
Solvency97▲+8
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €180k at 30 days acceptable
Liquidity ample (current ratio 3.2 against 2.45 in 2024; short-term debt: 20.5% and cash: 16.4% of total assets), and 27.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 01
Relative position
BE, all sectors
reference
Sector 01
lower
← 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
72.4%
Return on assets
7.1%
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 31-08-2026, 31 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
31 d late
2024
29 d late
2023
29 d late
2022
31 d late
2021
31 d late
2020
30 d late
2019
84 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
21-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€213k▼ 70.1%
2024 · €711k
2018: €13k
2019: €91k
2020: €11k
2021: €-586k
2022: €-139k
2023: €796k
2024: €711k
2018 → 2025
Working capital
€1.36M▲ 13.1%
2024 · €1.20M
2018: €-249k
2019: €-70k
2020: €-49k
2021: €-580k
2022: €-571k
2023: €307k
2024: €1.20M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€602k-€464k▼ 23.0%€1.26M▲ 172%€1.97M▲ 56.5%€2.18M▲ 10.8%
Operating result€-543k-€-90k▲ 83.4%€885k€1.09M▲ 23.0%€303k▼ 72.2%
Net result€-586k-€-139k▲ 76.3%€796k€711k▼ 10.6%€213k▼ 70.1%
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 72% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.01M
Fixed assets
€1.04M▲ 0.6%
Current assets
€1.97M▼ 2.5%
Equity and liabilities €3.01M
Equity
€2.18M▲ 10.8%
Provisions
€139k▼ 9.9%
Debt
€692k▼ 25.9%
The debt ratio falls from 30.5% to 22.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€531k▼
2024 · €1.30M
Cash flow
€441k▼
2024 · €926k
Solvency
72.4%▲
2024 · 64.4%
Current ratio
3.20▲
2024 · 2.45
Quick ratio
1.62▲
2024 · 1.30
Debt / equity
0.32▼
2024 · 0.47
ROE
9.7%▼
2024 · 36.1%
ROA
7.1%▼
2024 · 23.3%
Interest coverage
17.01▼
2024 · 29.09
Debt
€692k▼
2024 · €933k
Debt ≤ 1 year
€617k▼
2024 · €825k
Debt > 1 year
€49k▼
2024 · €72k
Income taxes
€59k▼
2024 · €333k
Staff costs
€157k▲
2024 · €141k
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€3.06M€3.01M▼
Fixed assets21/28€1.03M€1.04M▲
Tangible fixed assets22/27€1.03M€1.04M▲
Land and buildings22€828k€674k▼
Plant, machinery and equipment23€200k€335k▲
Furniture and vehicles24€7k€33k▲
Current assets29/58€2.02M€1.97M▼
Stocks and contracts in progress3€955k€973k▲
Stocks30/36€955k€973k▲
Amounts receivable within one year40/41€427k€472k▲
Trade receivables40€415k€289k▼
Other amounts receivable41€11k€183k▲
Current investments50/53€2k€0▼
Cash at bank and in hand54/58€610k€494k▼
Deferred charges and accrued income490/1€31k€33k▲
Equity and liabilities
Total equity and liabilities10/49€3.06M€3.01M▼
Equity10/15€1.97M€2.18M▲
Contributions10/11€787k€787k=
Capital10-€787k
Issued capital100-€787k
Reserves13€1.18M€1.18M=
Non-distributable reserves130/1€79k€79k=
Legal reserve130-€35k
Reserves not available under the articles1311€79k€44k▼
Tax-exempt reserves132€19k€19k=
Distributable reserves133€1.09M€1.09M=
Profit (loss) carried forward14-€213k
Provisions and deferred taxes16€154k€139k▼
Provisions for liabilities and charges160/5€154k€139k▼
Other liabilities and charges164/5€154k€139k▼
Amounts payable17/49€933k€692k▼
Amounts payable after more than one year17€72k€49k▼
Financial debts170/4€72k€49k▼
Amounts payable within one year42/48€825k€617k▼
Current portion of amounts payable after more than one year42€53k€23k▼
Trade debts44€334k€240k▼
Suppliers440/4€334k€240k▼
Taxes, remuneration and social security45€53k€47k▼
Taxes450/3€36k€37k▲
Remuneration and social security454/9€17k€9k▼
Other amounts payable47/48€385k€307k▼
Accrued charges and deferred income492/3€36k€25k▼
Income statement
Code20242025
Remuneration, social security and pensions62€141k€157k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€214k€228k▲
Provisions for liabilities and charges: additions (uses and reversals)635/8€22k€-15k▼
Other operating charges640/8€17k€19k▲
Non-recurring operating charges66A-€2k
Gross operating margin9900€1.48M€694k▼
Operating profit (loss)9901€1.09M€303k▼
Financial income75/76B€439€0▼
Recurring financial income75€439€0▼
Financial charges65/66B€45k€31k▼
Recurring financial charges65€45k€31k▼
Profit (loss) for the period before taxes9903€1.04M€272k▼
Income taxes67/77€333k€59k▼
Profit (loss) for the period9904€711k€213k▼
Profit (loss) for the period to be appropriated9905€711k€213k▼
Appropriation of the result
Profit (loss) to be appropriated9906€711k€213k▼
Transfer to equity691/2€711k€0▼
To the legal reserve6920€24k€0▼
To other reserves6921€688k€0▼
Social balance
Average headcount (FTE)90874.33.9▼
The notes to these accounts (20 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
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · full schema · 31 days late
2025
31-12
Financial
Equity above €2MEq €2.18M ▲10.8%
3 profitable years in a row build equity to €2.18M.
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 29 days late
2024
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 29 days late
2023
31-12
Financial
Back to profitnet €796k
Net result €796k after 2 loss-making years.
31-12
Financial
Equity above €1MEq €1.26M ▲172%
Equity rises from €464k to €1.26M.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 31 days late
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 31 days late
2021
31-12
Financial
Weakest financial yearnet €-586k ▼5317%
Net result drops to €-586k, the lowest in the series; recovery starts the following year.
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 30 days late
2020
23-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 84 days late
2019
31-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 31 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 31 days late
2017
24-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 24 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Lo-Reninge · 1 establishment unit since 2002
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.
Pypegale(Ren) 138647 Lo-ReningeGround area
3.2 ha
Building footprint
2,517 m²
Parcel 32021C0508/00Y000, Flanders. Linked by address, not a title deed.
1 establishment unit
Pypegale(Ren) 13, 8647 Lo-Reninge
since 20022.055.421.486
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 32021C0508/00Y000 | Flanders | 3.2 ha | 1 · 2,517 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 siteLo-Reninge2.055.421.486
Similar companies · same sector, comparable size
D'YZERPASSERELLE
BE 0444.044.224
Alveringem · Eq €2.20M
LABAS - Société Agricole et Forestière
BE 0846.377.755
Sint-Lambrechts-Woluwe · Eq €2.15M
NM AGRO INDUSTRIES
BE 0441.042.865
Koekelare · Eq €2.23M
ELKO FRUIT
BE 0456.750.432
Sint-Truiden · Eq €2.25M
Elagri
BE 0446.657.185
Braine-le-Comte · Eq €2.28M
Of 20,591 companies in sector 01500 we hold annual accounts for 1,149. 615 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded19-11-1991
Fiscal year end31-12
Activities, NACEBEL
01231
01500Mixed farming
01461Pig breeding farms
Sources
Crossroads Bank for EnterprisesNational Bank · 34 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.