Yvan Berthels
ActiveYvan Berthels has been active since 1996 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €10k and a net result of €-5k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 21% of 541 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2024
40
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability36▼-62
Solvency29▼-11
Growth78=
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Liquidity short (current ratio 0.97 against 1.08 in 2023; short-term debt: 95.7% of total assets), and 95.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 31
Relative position
BE, all sectors
reference
Sector 31
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
4.3%
Return on assets
-2.1%
Age of the figures
21 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 21% of 541 sector peers (2024).
NBB · sector comparisonPosition among 541 sector peers
Solvency
better than 21%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-08-2025, 29 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
not confirmed
2024
29 d late
2023
49 d late
2022
59 d late
2021
73 d late
2020
90 d late
2019
115 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€10k▼ 33.4%
2023 · €15k
2018: €-14k
2019: €-61
2020: €-26k
2021: €-10k
2022: €-1k
2023: €15k
2018 → 2024
Total assets
€227k▲ 136%
2023 · €96k
2018: €47k
2019: €49k
2020: €11k
2021: €49k
2022: €41k
2023: €96k
2018 → 2024
Net result
€-5k
2023 · €23k
2018: €-5k
2019: €14k
2020: €-26k
2021: €16k
2022: €9k
2023: €23k
2018 → 2024
Working capital
€-7k
2023 · €7k
2018: €-17k
2019: €-8k
2020: €-33k
2021: €-13k
2022: €-7k
2023: €7k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€-26k-€-10k▲ 62.3%€-1k▲ 86.7%€15k€10k▼ 33.4%
Operating result€-25k-€20k€20k▼ 2.3%€36k▲ 82.6%€4k▼ 90.3%
Net result€-26k-€16k€9k▼ 47.5%€23k▲ 165%€-5k
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 falls in 2024; 2024 is 90% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €227k
Fixed assets
€17k▲ 116%
Current assets
€210k▲ 138%
Equity and liabilities €227k
Equity
€10k▼ 33.4%
Debt
€217k▲ 167%
The debt ratio rises from 84.9% to 95.7%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€7k▼
2023 · €38k
Cash flow
€-994▼
2023 · €25k
Solvency
4.3%▼
2023 · 15.1%
Current ratio
0.97▼
2023 · 1.08
Quick ratio
0.73▼
2023 · 1.08
Debt / equity
22.43▲
2023 · 5.61
ROE
-50.1%▼
2023 · 157.2%
ROA
-2.1%▼
2023 · 23.8%
Interest coverage
2.33▼
2023 · 17.39
Debt
€217k▲
2023 · €82k
Debt ≤ 1 year
€217k▲
2023 · €82k
Income taxes
€10k▼
2023 · €14k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€96k€227k▲
Fixed assets21/28€8k€17k▲
Tangible fixed assets22/27€8k€17k▲
Land and buildings22€5k€8k▲
Plant, machinery and equipment23-€480
Furniture and vehicles24€3k€9k▲
Current assets29/58€88k€210k▲
Stocks and contracts in progress3-€51k
Stocks30/36-€51k
Amounts receivable within one year40/41€86k€157k▲
Trade receivables40€26k€4k▼
Other amounts receivable41€61k€152k▲
Deferred charges and accrued income490/1€2k€3k▲
Equity and liabilities
Total equity and liabilities10/49€96k€227k▲
Equity10/15€15k€10k▼
Contributions10/11€19k€19k=
Reserves13€19k€19k=
Tax-exempt reserves132€8k€8k=
Distributable reserves133€11k€11k=
Profit (loss) carried forward14€-23k€-28k▼
Amounts payable17/49€82k€217k▲
Amounts payable within one year42/48€82k€217k▲
Financial debts43€2k€581▼
Credit institutions430/8€2k€581▼
Trade debts44€18k€55k▲
Suppliers440/4€18k€55k▲
Taxes, remuneration and social security45€45k€34k▼
Taxes450/3€45k€34k▼
Other amounts payable47/48€16k€128k▲
Income statement
Code20232024
Non-recurring operating income76A€9k-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€4k▲
Other operating charges640/8€5k€3k▼
Gross operating margin9900€43k€11k▼
Operating profit (loss)9901€36k€4k▼
Financial income75/76B€2k€5k▲
Recurring financial income75€2k€5k▲
Financial charges65/66B€2k€3k▲
Recurring financial charges65€2k€3k▲
Profit (loss) for the period before taxes9903€36k€5k▼
Income taxes67/77€14k€10k▼
Profit (loss) for the period9904€23k€-5k▼
Profit (loss) for the period to be appropriated9905€23k€-5k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-16k€-28k▼
Profit (loss) brought forward from the previous period14P€-39k€-23k▲
Profit to be distributed694/7€7k-
Directors or managers695€7k-
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
18-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 49 days late
2023
31-12
Financial
Highest result since 2018net €23k ▲165%
Operating result €36k, net result €23k, both a record.
28-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 59 days late
2022
12-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 73 days late
2021
31-12
Financial
Back to profitnet €16k
Net result €16k after one loss-making year.
29-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 90 days late
2020
31-12
Financial
Weakest financial yearnet €-26k ▼282%
Net result drops to €-26k, the lowest in the series; recovery starts the following year.
23-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 115 days late
2019
31-12
Financial
Back to profitnet €14k
Net result €14k after one loss-making year.
25-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 25 days late
2018
02-10
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 63 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
2016
31-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 31 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, Diest · 1 establishment unit since 1996
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.
Galgenberg 993293 DiestGround area
3,028 m²
Building footprint
449 m²
Volume, LiDAR
1,841 m³
Parcel 24046B0099/00Z002, Flanders · tallest building 7.3 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Galgenberg 99, 3293 Diest
since 19962.079.078.402
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24046B0099/00Z002 | Flanders | 3,028 m² | 1 · 449 m² | 7.2 m · 1 fl. |
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.
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Of 1,499 companies in sector 31004 we hold annual accounts for 620. 229 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded14-10-1996
Fiscal year end31-12
Activities, NACEBEL
31004Manufacture of dining room, living room, bedroom and bathroom furniture
36111
46494Wholesale of non-electrical household articles
47551Retail sale of household furniture
47591Retail trade
51471
52441
Sources
Crossroads Bank for EnterprisesNational Bank · 28 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.