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 33 % of short-term debt in 2024; threshold 65 %.
Financials
Financial year 2024
BERTULD from Schaarbeek, company number BE0668393445, closed financial year 2024 with a result of € 2.4 million after tax. For that financial year BERTULD recorded a gross margin of € -15,534 and equity of € 8.3 million. Compared with financial year 2023, the result moved from € 2.6 million to € 2.4 million. The company is profitable. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 10, 2025.
€ 8.3 million
▼ 1% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 2.4 million
▼ 6% vs 2023
Profit after tax over the fiscal year.
€ 63,509
▲ € 56,796 vs 2023
Cash and bank balances on the last day of the fiscal year.
€ 2.5 million paid out
More than the year’s profit went to the shareholders; reserves fell.
Debts at end 2024
€ 4.7 million
▲ 122% vs 2023
€ 805,109 is repaid this year. At this pace the long-term loan is gone in ≈ 6 years.
€ 750,000
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € -18,269 | € -19,571 | € -15,592 | € -15,534 | |
| Profit after taxes | € 1,161,124 | € 2,377,623 | € 2,590,044 | € 2,426,495 | ▼ 6% |
| Equity | € 4,235,207 | € 5,742,830 | € 8,332,874 | € 8,259,369 | ▼ 1% |
| Total debts | € 2,773,628 | € 2,082,002 | € 2,215,142 | € 5,716,805 | ▲ 158% |
| Cash | € 112,763 | € 61,349 | € 6,713 | € 63,509 | ▲ € 56,796 |
| Retained profit | € 677,070 | € 2,934,694 | € 5,524,738 | € 5,451,233 | ▼ 1% |
| Dividend | € 700,000 | € 120,000 | € 0 | € 2,500,000 | |
| Bank debt | € 0 | € 636,829 | € 2,140,707 | € 4,742,987 | ▲ 122% |
| Balance sheet total | € 7,008,835 | € 7,824,832 | € 10,548,016 | € 13,976,175 | ▲ 33% |
Key figures of BERTULD, 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 BERTULD?
What happened at BERTULD in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 2.4 million (▼ 6% vs 2023). Source: NBB ↗
- New establishment in Schaarbeek. KBO
- Start of the company according to the CBE. KBO
In short
From € 1.2 million profit in 2021 to € 2.4 million profit in 2024.
Best year ever: 2023, with € 2.6 million profit.
Paid out € 3.3 million in dividends to the owners in total.
Management
Behind BERTULD are Necati Mergen, Erol Mergen and Birol Mergen. It owns 100% of QUINTELIER EN ZOON, 100% of ESSA, 100% of MZN GRONDWERKEN, 100% of DENISIMMO, 100% of EUROBORINGEN and 100% of EBN-TECH itself.
Directors
According to the 2024 annual accounts
Establishments
Establishment units
Physical locations of this company
Paleizenstraat 45 box A0
1030 Schaarbeek
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0668.393.445
- VAT number
- BE 0668.393.445
- Registered office
- Paleizenstraat 45 bus A0, 1030 Schaarbeek
- Names & denominations
- BERTULD
- Enterprise type
- Rechtspersoon
- Legal form
- European company (SE)
- Legal situation
- Normale toestand
- Start date
- 23 December 2016
- Peppol
- Active · Active since 31 Oct 2023