ACTIVE

BERACO

Export PDF

Financial year 2025 · closed on 31/12/2025

Net result

86,8 k €

-94.1% YoY

Gross margin

129,8 k €

-94.5% YoY

Equity

2,3 M €

+3.9% YoY

What does BERACO do?

BERACO is a Public limited company incorporated in 1972. Its main activity is: Rental and operating of own or leased real estate. Its registered office is in Chaudfontaine.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0412.812.895

Incorporation

04/01/1972

Legal form

Public limited company

Registered office

Rue Albert et Louis Curvers 18
4053 Chaudfontaine · WallonieSee on map

Contributed capital

64 462,19 €

Latest accounts

31/12/2025

Activities (NACE)

68203Rental and operating of own or leased real estate· main 35150Electric power generation, transmission and distribution

Joint committees (3)

14901
200
218

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

View the BCE/KBO Public Search record →

Health score

Available with a Rovalta subscriptionTry for 7 days

Recommended credit limit

✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2007		2006
Income statement
Gross margin	129,8 k €	-94.5%	2,4 M €	+355%	517,1 k €	+20.8%	428 k €	-0.1%	428,2 k €	+13.5%	377,2 k €	-10.5%	421,6 k €	-58.4%	1 M €	-4.2%	1,1 M €	-41.2%	1,8 M €	+30.5%	1,4 M €	+127%	607,1 k €	-0.1%	607,9 k €	-20.9%	768,5 k €	+37.4%	559,1 k €	+18.9%	470,4 k €	+0.7%	467,1 k €	-26.8%	637,9 k €	+15.6%	551,7 k €
EBITDA	93,4 k €	-95.9%	2,3 M €	+407%	452,2 k €	+21.5%	372,2 k €	-0.5%	373,9 k €	+24.8%	299,7 k €	+69.9%	176,4 k €	-53.0%	375,5 k €	+6.2%	353,5 k €	+21.0%	292,2 k €	+7.7%	271,3 k €	+80.1%	150,6 k €	+6.3%	141,7 k €	-34.9%	217,5 k €	+0.6%	216,2 k €	+30.8%	165,3 k €	+139%	69 k €	-41.3%	117,6 k €	+3.4%	113,7 k €
Operating result	-40,4 k €	-102%	2,2 M €	+636%	293,6 k €	+30.0%	225,9 k €	-4.4%	236,3 k €	+44.2%	163,8 k €	+256%	46 k €	-82.0%	254,7 k €	+6.4%	239,4 k €	+21.0%	197,9 k €	+3.8%	190,8 k €	+51.5%	125,9 k €	-0.3%	126,3 k €	-37.9%	203,2 k €	+0.7%	201,8 k €	+39.4%	144,7 k €	+222%	45 k €	+56.9%	28,7 k €	-15.4%	33,9 k €
Net result	86,8 k €	-94.1%	1,5 M €	+708%	182,1 k €	+40.3%	129,8 k €	-12.9%	149 k €	+75.8%	84,8 k €	+5829%	-1,5 k €	-101%	137,3 k €	+11.3%	123,4 k €	+16.9%	105,6 k €	-8.0%	114,7 k €	+46.5%	78,3 k €	-4.4%	81,9 k €	-37.4%	131 k €	+4.2%	125,7 k €	+55.7%	80,8 k €	+328%	18,9 k €	-24.8%	25,1 k €	+9.0%	23 k €
Balance sheet
Equity	2,3 M €	+3.9%	2,2 M €	+202%	728,5 k €	+16.3%	626,3 k €	+5.0%	596,5 k €	+9.0%	547,5 k €	+18.3%	462,7 k €	-0.3%	464,2 k €	+3.9%	446,8 k €	+0.8%	443,4 k €	+12.3%	394,9 k €	+3.9%	380,2 k €	+0.1%	379,9 k €	+0.2%	379 k €	+6.9%	354,6 k €	+54.9%	228,9 k €	+54.5%	148,1 k €	-49.3%	291,9 k €	-20.2%	366 k €
Total assets	3,4 M €	-5.8%	3,6 M €	+61.0%	2,2 M €	-2.7%	2,3 M €	-2.9%	2,4 M €	-4.7%	2,5 M €	+0.4%	2,5 M €	-9.3%	2,7 M €	+2.1%	2,7 M €	+1.2%	2,6 M €	+6.4%	2,5 M €	+163%	941,3 k €	+43.8%	654,7 k €	-9.5%	723,2 k €	+8.4%	667 k €	-2.4%	683,3 k €	-10.6%	764,6 k €	-28.3%	1,1 M €	+37.8%	773,8 k €
Cash	59 k €	-47.3%	111,9 k €	+454%	20,2 k €	-53.8%	43,8 k €	-49.7%	86,9 k €	+3.8%	83,8 k €	+950775%	8,8 €	-96.0%	220,7 €	-97.1%	7,7 k €		–		60,3 k €	+1923%	3 k €	-85.9%	21,2 k €	+30.9%	16,2 k €	-75.0%	64,8 k €	+162%	24,7 k €		–		2,1 k €	+305%	529 €
Debts	1,1 M €	-20.6%	1,4 M €	-7.8%	1,5 M €	-10.0%	1,7 M €	-5.5%	1,8 M €	-8.4%	1,9 M €	-4.4%	2 M €	-11.0%	2,3 M €	+1.9%	2,2 M €	+0.8%	2,2 M €	+5.3%	2,1 M €	+271%	560,8 k €	+104%	274,6 k €	-20.2%	343,9 k €	+10.2%	312,2 k €	-31.3%	454,2 k €	-26.3%	616,3 k €	-17.3%	745,6 k €	+85.7%	401,5 k €
Other
Workforce	–		–		–		–		–		–		6,0 ETP	-46.4%	11,2 ETP	-14.5%	13,1 ETP	-56.6%	30,2 ETP	+27.4%	23,7 ETP	+160%	9,1 ETP	-8.1%	9,9 ETP	-14.7%	11,6 ETP	+68.1%	6,9 ETP	+13.1%	6,1 ETP	-31.5%	8,9 ETP	-35.0%	13,7 ETP	+6.2%	12,9 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 39 ended

Active mandates

Michel PONCELET

Managing director · since 11 juillet 2023

Active

Ended mandates

Céline DE BERNARD DE FAUCONVAL

Director · since 27 mai 2019 · until 27 mai 2025

Ended

Céline PONCELET

Director · since 27 mai 2019 · until 11 juillet 2023

Ended

Céline PONCELET

Director · since 27 mai 2019 · until 27 mai 2025

Ended

Jean-Luc LIESSE

Director · since 27 mai 2019 · until 27 mai 2025

Ended

At this address

Other companies at this address

Company	CBE no.
IMMOLI● Active	0736.907.317
MITHER● Active	0736.894.251
SAINT-REMY● Active	0431.489.949

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	22/06/2026	19/06/2025	10/06/2024	31/05/2023	31/05/2022	01/06/2021
General meeting	26/05/2026	26/05/2025	27/05/2024	30/05/2023	30/05/2022	31/05/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

Looking for more information about this company?

Try for 7 days

Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2025	26/05/2026	22/06/2026	French	PDF
Micro model	31/12/2024	26/05/2025	19/06/2025	French	PDF
Micro model	31/12/2023	27/05/2024	10/06/2024	French	PDF
Micro model	31/12/2022	30/05/2023	31/05/2023	French	PDF
Micro model	31/12/2021	30/05/2022	31/05/2022	French	PDF
Micro model	31/12/2020	31/05/2021	01/06/2021	French	PDF
Abridged model	31/12/2019	25/05/2020	04/06/2020	French	PDF
Abridged model	31/12/2018	27/05/2019	01/08/2019	French	PDF
Abridged model	31/12/2017	28/05/2018	09/07/2018	French	PDF
Abridged model	31/12/2016	29/05/2017	06/06/2017	French	PDF
Abridged model	31/12/2015	30/05/2016	01/07/2016	French	PDF
Abridged model	31/12/2014	26/05/2015	11/06/2015	French	PDF
Abridged model	31/12/2013	26/05/2014	02/06/2014	French	PDF
Abridged model	31/12/2012	27/05/2013	12/06/2013	French	PDF
Abridged model	31/12/2011	29/05/2012	31/05/2012	French	PDF
Abridged model	31/12/2010	30/05/2011	07/06/2011	French	PDF
Abridged model	31/12/2009	31/05/2010	17/06/2010	French	PDF
Abridged model	31/12/2008	28/05/2009	11/06/2009	French	PDF
Abridged model	31/12/2007	26/05/2008	24/09/2008	French	PDF
Abridged model	31/12/2006	28/05/2007	23/10/2007	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 5 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 39 ended

Active mandates

Michel PONCELET

Managing director · since 11 juillet 2023

Active

Ended mandates

Céline DE BERNARD DE FAUCONVAL

Director · since 27 mai 2019 · until 27 mai 2025

Ended

Céline PONCELET

Director · since 27 mai 2019 · until 11 juillet 2023

Ended

Céline PONCELET

Director · since 27 mai 2019 · until 27 mai 2025

Ended

Jean-Luc LIESSE

Director · since 27 mai 2019 · until 27 mai 2025

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates11/08/2026
DEMISSIONS, NOMINATIONS
PDF
Mandates16/08/2023
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - DEMISSIONS, NOMINATIONS
PDF
Registered office12/03/2021
SIEGE SOCIAL
PDF
Mandates20/08/2020
DEMISSIONS, NOMINATIONS
PDF
Mandates03/09/2019
DEMISSIONS, NOMINATIONS
PDF
Registered office22/02/2019
SIEGE SOCIAL
PDF
Mandates08/10/2014
DEMISSIONS, NOMINATIONS
PDF
Mandates03/07/2013
DEMISSIONS, NOMINATIONS
PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

2025
Annual accounts 202586,8 k €↓
2024
Annual accounts 20241,5 M €↑
2023
Annual accounts 2023182,1 k €↑
2022
Annual accounts 2022129,8 k €↓
2021
Annual accounts 2021149 k €↑
2021
Name changeBERACO INFORMATIC LIEGE
2020
Annual accounts 202084,8 k €↑
2019
Annual accounts 2019-1,5 k €↓
2018
Annual accounts 2018137,3 k €↑
2017
Annual accounts 2017123,4 k €↑
2016
Annual accounts 2016105,6 k €↓
2015
Annual accounts 2015114,7 k €↑
2014
Annual accounts 201478,3 k €↓
2013
Annual accounts 201381,9 k €↓
2012
Annual accounts 2012131 k €↑
2011
Annual accounts 2011125,7 k €↑
2010
Annual accounts 201080,8 k €↑
2009
Annual accounts 200918,9 k €↓
2007
Annual accounts 200725,1 k €↑
2006
Annual accounts 200623 k €
2006
Name changeBERACO
04/01/1972
IncorporationPublic limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

BERACO

Overview

What does BERACO do?

Trend over 19 financial years

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline