Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 15 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
BERTEMES from Vielsalm, company number BE0421005041, closed financial year 2025 with a result of € 3 million after tax. For that financial year BERTEMES recorded revenue of € 16.3 million and equity of € 3.7 million. Compared with financial year 2024, the result moved from € 2.1 million to € 3 million. Profitable, and profit is growing. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on June 22, 2026.
€ 3.7 million
▲ € 3 million vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 3 million
▲ 42% vs 2024
Profit after tax over the fiscal year.
€ 143,208
▲ 164% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 3.5 million.
People and assets in 2025
€ 40.2 million
▼ 7% vs 2024
Of which on lease € 40.2 million.
Debts at end 2025
€ 37 million
▼ 14% vs 2024
€ 5.9 million is repaid this year. At this pace the long-term loan is gone in ≈ 6 years.
€ 1.1 million
▼ 10% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 66 days on average.
€ 40,780
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 1,073,095 | € 11,857,941 | € 14,394,200 | € 16,342,645 | ▲ 14% |
| Profit after taxes | € -2,989,562 | € 561,024 | € 2,143,408 | € 3,045,737 | ▲ 42% |
| Equity | € -2,095,966 | € -1,534,942 | € 608,466 | € 3,654,203 | ▲ € 3 million |
| Total debts | € 56,522,399 | € 63,845,236 | € 53,749,263 | € 48,407,386 | ▼ 10% |
| Cash | € 497,328 | € 154,393 | € 54,255 | € 143,208 | ▲ 164% |
| Land & buildings | € 75,374 | € 12,299,148 | € 698,596 | € 792,066 | ▲ 13% |
| Retained profit | € -2,207,966 | € -1,646,942 | € 496,466 | € 3,542,203 | ▲ € 3 million |
| Bank debt | € 33,719,768 | € 36,472,849 | € 42,794,084 | € 36,968,059 | ▼ 14% |
| Balance sheet total | € 54,426,432 | € 62,310,294 | € 54,357,729 | € 53,501,111 | ▼ 2% |
Key figures of BERTEMES, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to BERTEMES?
What happened at BERTEMES in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- IBV & Cie SA stepped down as director. NBB
- Rebecca JOST stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 3 million (▲ 42% vs 2024). Source: NBB ↗
- IBV & Cie SA became a director. NBB
- Rebecca JOST became a director. NBB
- New establishment in Vielsalm. KBO
- Start of the company according to the CBE. KBO
In short
From € 3 million loss in 2022 to € 3 million profit in 2025.
Paid € 156,582 in corporate taxes since 2022.
Best year ever: 2025, with € 3 million profit.
Pays suppliers within 66 days on average.
Management
The stake of I.B.V. & Cie comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
BERTEMESThe shares are held by I.B.V. & Cie (100%).
Directors
According to the 2025 annual accounts
Managing director · represented by Joseph HAAS
Also active at: Séchage de Bois des Hautes-Ardennes
since 2025 · until 2031
Rebecca JOST
Director
Also active at: Supertransport, De Bock Gebroeders Transport, JOST LOGISTICS, Jost CFS & Storage, ROUTA, Transports et Travaux 's HEEREN, CHARLIER LOGISTICS, Antwerp Mobile Repair +11 more
since 2025 · until 2031
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Rue des Épicéas 6
6690 Vielsalm
Burtonville sn
6690 Vielsalm
Active since 1 January 1981
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0421.005.041
- VAT number
- BE 0421.005.041
- Registered office
- Rue des Épicéas 6, 6690 Vielsalm
- Names & denominations
- BERTEMES
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 22 November 1980
- Peppol
- Active · Active since 19 Dec 2025
- Activities · NACE
Productie van elektriciteit uit hernieuwbare bronnen
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