What does BERLECO do?

BERLECO is a property company in Tielt. Private Limited, started on 27 January 1989, 1 establishment.

What is the address of BERLECO?

The registered office of BERLECO is located at Kruiswegestraat 5, 8700 Tielt.

Is BERLECO still active?

Yes. According to the CBE (29 October 2026) BERLECO is active, legal situation “Normale toestand”, started on 27 January 1989.

Is BERLECO registered on Peppol?

Yes, BERLECO is registered on the Peppol network with ID 0208:0436594723.

What is the enterprise number of BERLECO?

The enterprise number of BERLECO is BE0436594723.

When was BERLECO founded?

BERLECO was founded on 27 January 1989.

Who are the directors of BERLECO?

According to the 2024 annual accounts, the directors of BERLECO are: Yamaco BV.

Is BERLECO a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 27 January 1989; 4 annual accounts filed, latest fiscal year 2024; 1 directors known from the annual account.

How much profit did BERLECO make in 2024?

BERLECO posted a profit after taxes of € 125,822 in financial year 2024.

What is the revenue of BERLECO?

As a small company, BERLECO is not required to publish revenue in its annual accounts. In financial year 2024, its added value was € 342,361.

How many employees does BERLECO have?

According to the 2024 annual accounts, BERLECO has 0 full-time equivalents (FTE).

BERLECO (Private Limited) - Tielt - BE0436594723

Dossier BERLECO, printed on 29 October 2026 from databakkes.be/en/0436594723/berleco. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Tight liquidity NBB

Cash and receivables cover 33 % of short-term debt in 2024; threshold 65 %.

Financials

Financial year 2024

BERLECO from Tielt, company number BE0436594723, closed financial year 2024 with a result of € 125,822 after tax. For that financial year BERLECO recorded a gross margin of € 342,361 and equity of € 2.1 million. Compared with financial year 2023, the result moved from € -112,625 to € 125,822. Profitable, and profit is growing. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on September 30, 2025.

What it is worth Healthy

€ 2.1 million

▼ 1% vs 2023

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Growing

€ 125,822

▲ still € 112,625 loss in 2023

Profit after tax over the fiscal year.

Cash in the bank

€ 142,765

▼ 48% vs 2023

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Pays out

€ 150,000 paid out

More than the year’s profit went to the shareholders; reserves fell.

People and assets in 2024

Full-time equivalents

Average over the fiscal year, from the social balance sheet.

Vehicles and equipment

€ 12,538

▼ 57% vs 2023

Book value of vehicles, furniture and equipment.

Debts at end 2024

Bank debt ≈ 27 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 5.3 million

▲ 2% vs 2023

€ 195,189 is repaid this year. At this pace the long-term loan is gone in ≈ 27 years.

Owed to suppliers

€ 65,058

▲ 121% vs 2023

Supplier invoices still open on the last day of the fiscal year.

Taxes

€ 14,629

▼ 19% vs 2023

Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.

Key figures per fiscal year Download key figures (CSV)
	2021	2022	2023	2024	Change 2023 → 2024
Gross margin	€ 218,425 Gross margin 2021: € 218,425 First fiscal year in the series	€ 290,283 Gross margin 2022: € 290,283 ▲ 33% vs 2021 (€ 218,425) Favourable step	€ 307,873 Gross margin 2023: € 307,873 ▲ 6% vs 2022 (€ 290,283) Favourable step	€ 342,361 Gross margin 2024: € 342,361 ▲ 11% vs 2023 (€ 307,873) Favourable step	▲ 11%
Profit after taxes	€ 74,926 Profit after taxes 2021: € 74,926 First fiscal year in the series	€ 6,111 Profit after taxes 2022: € 6,111 ▼ 92% vs 2021 (€ 74,926) Unfavourable step	€ -112,625 Profit after taxes 2023: € -112,625 ▼ € 118,736 vs 2022 (€ 6,111) Unfavourable step	€ 125,822 Profit after taxes 2024: € 125,822 ▲ € 238,446 vs 2023 (€ -112,625) Favourable step	▲ € 238,446
Equity	€ 2,351,850 Equity 2021: € 2,351,850 First fiscal year in the series	€ 2,257,961 Equity 2022: € 2,257,961 ▼ 4% vs 2021 (€ 2,351,850) Unfavourable step	€ 2,145,336 Equity 2023: € 2,145,336 ▼ 5% vs 2022 (€ 2,257,961) Unfavourable step	€ 2,121,158 Equity 2024: € 2,121,158 ▼ 1% vs 2023 (€ 2,145,336) Unfavourable step	▼ 1%
Total debts	€ 5,910,037 Total debts 2021: € 5,910,037 First fiscal year in the series	€ 5,922,329 Total debts 2022: € 5,922,329 Unchanged (€ 5,910,037) Unfavourable step	€ 5,874,178 Total debts 2023: € 5,874,178 ▼ 1% vs 2022 (€ 5,922,329) Favourable step	€ 5,942,512 Total debts 2024: € 5,942,512 ▲ 1% vs 2023 (€ 5,874,178) Unfavourable step	▲ 1%
Cash	€ 95,328 Cash 2021: € 95,328 First fiscal year in the series	€ 177,752 Cash 2022: € 177,752 ▲ 86% vs 2021 (€ 95,328) Favourable step	€ 274,653 Cash 2023: € 274,653 ▲ 55% vs 2022 (€ 177,752) Favourable step	€ 142,765 Cash 2024: € 142,765 ▼ 48% vs 2023 (€ 274,653) Unfavourable step	▼ 48%
Land & buildings	€ 5,724,334 Land & buildings 2021: € 5,724,334 First fiscal year in the series	€ 6,308,277 Land & buildings 2022: € 6,308,277 ▲ 10% vs 2021 (€ 5,724,334) Unchanged	€ 5,939,713 Land & buildings 2023: € 5,939,713 ▼ 6% vs 2022 (€ 6,308,277) Unchanged	€ 5,880,199 Land & buildings 2024: € 5,880,199 ▼ 1% vs 2023 (€ 5,939,713) Unchanged	▼ 1%
Retained profit	€ 2,094,375 Retained profit 2021: € 2,094,375 First fiscal year in the series	€ 2,000,487 Retained profit 2022: € 2,000,487 ▼ 4% vs 2021 (€ 2,094,375) Unfavourable step	€ 1,887,862 Retained profit 2023: € 1,887,862 ▼ 6% vs 2022 (€ 2,000,487) Unfavourable step	€ 1,863,684 Retained profit 2024: € 1,863,684 ▼ 1% vs 2023 (€ 1,887,862) Unfavourable step	▼ 1%
Dividend	€ 130,000 Dividend 2021: € 130,000 First fiscal year in the series	€ 100,000 Dividend 2022: € 100,000 ▼ 23% vs 2021 (€ 130,000) Unchanged	€ 0 Dividend 2023: € 0 ▼ 100% vs 2022 (€ 100,000) Unchanged	€ 150,000 Dividend 2024: € 150,000 Unchanged (€ 0) Unchanged
Bank debt	€ 5,066,240 Bank debt 2021: € 5,066,240 First fiscal year in the series	€ 5,066,798 Bank debt 2022: € 5,066,798 Unchanged (€ 5,066,240) Unfavourable step	€ 5,181,852 Bank debt 2023: € 5,181,852 ▲ 2% vs 2022 (€ 5,066,798) Unfavourable step	€ 5,280,849 Bank debt 2024: € 5,280,849 ▲ 2% vs 2023 (€ 5,181,852) Unfavourable step	▲ 2%
Balance sheet total	€ 8,896,105 Balance sheet total 2021: € 8,896,105 First fiscal year in the series	€ 8,777,827 Balance sheet total 2022: € 8,777,827 ▼ 1% vs 2021 (€ 8,896,105) Unchanged	€ 8,580,369 Balance sheet total 2023: € 8,580,369 ▼ 2% vs 2022 (€ 8,777,827) Unchanged	€ 8,587,844 Balance sheet total 2024: € 8,587,844 Unchanged (€ 8,580,369) Unchanged

Key figures of BERLECO, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.

What happened to BERLECO?

What happened at BERLECO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Sep 30, 2025 New annual accounts for financial year 2024: profit of € 125,822. filed late Source: NBB ↗
Oct 16, 2001 New establishment in Tielt. KBO
Jan 27, 1989 Start of the company according to the CBE. KBO

In short

From € 74,926 profit in 2021 to € 125,822 profit in 2024.

Paid € 56,210 in corporate taxes since 2021.

Best year ever: 2024, with € 125,822 profit.

Paid out € 380,000 in dividends to the owners in total.

Original PDFs at the National Bank ↗

Management

YAMACO 100%

The stake of YAMACO comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

BERLECO

Behind BERLECO is Yamaco BV. The shares are held by YAMACO (100%).

Directors

According to the 2024 annual accounts

Yamaco BV

Director · represented by Lieven Vuylsteke

Shareholders

YAMACO

100%

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Kruiswegestraat 5

8700 Tielt

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 3 companies are registered at this address.

All companies at this address →

Haliko

€ 14,709 gross margin · 2025

YAMACO same network

€ 196,801 gross margin · 2025

Groep Berleco

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0436.594.723

VAT number

BE 0436.594.723

Registered office

Kruiswegestraat 5, 8700 Tielt

Names & denominations

BERLECO

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

27 January 1989

Peppol

Active · Active since 10 Dec 2025

Activities · NACE

Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen

Verhuur en exploitatie van eigen of geleased niet-residentieel onroerend goed, exclusief terreinen

Bemiddeling in verband met exploitatie van en handel in onroerend goed

Bemiddeling bij de aankoop, verkoop en verhuur van onroerend goed voor een vast bedrag of op contractbasis

View on CBE Public ↗ Annual accounts (NBB) ↗

BERLECO

Warning lights

Financials

What happened to BERLECO?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions