ACTIVE

BERTINE

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Financial year 2025 · closed on 30/06/2025

Net result

2,9 M €

-75.7% YoY

Gross margin

139,2 k €

+141.0% YoY

Equity

106,2 M €

+2.8% YoY

What does BERTINE do?

BERTINE is a Public limited company incorporated in 1996. Its registered office is in Woluwe-Saint-Lambert.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0458.781.591

Incorporation

13/09/1996

Legal form

Public limited company

Registered office

Square Vergote 19
1200 Woluwe-Saint-Lambert · BruxellesSee on map

Contributed capital

272 682,88 €

Latest accounts

30/06/2025

Signals

ProfitableSolid equityPositive cashflowPositive EBITDA

View the BCE/KBO Public Search record →

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✦ 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		2008		2007
Income statement
Gross margin	139,2 k €	+141%	-339,8 k €	-2098%	17 k €	+114%	-123,5 k €	-66.2%	-74,3 k €	-670%	13 k €	+140%	-32,5 k €	-114%	240,9 k €	-11.8%	273,2 k €	+145%	111,5 k €	+1548%	6,8 k €	+103%	-215,2 k €	-151%	423,8 k €	+104%	207,3 k €	+134%	88,7 k €	-34.0%	134,5 k €	+428%	-41 k €	-109%	443,7 k €	+178%	159,8 k €
EBITDA	102 k €	+112%	-840,4 k €	-6283%	-13,2 k €	+91.5%	-154,6 k €	-96.4%	-78,7 k €	-875%	10,2 k €	+128%	-36,2 k €	-115%	237,4 k €	-12.0%	269,7 k €	+150%	108 k €	+138%	-282,8 k €	-26.1%	-224,2 k €	-154%	411,6 k €	+105%	201,1 k €	+146%	81,8 k €	-77.5%	363,4 k €	+162%	-586 k €	-91.4%	-306,1 k €	-296%	156,2 k €
Operating result	-53,4 k €	+94.6%	-994,9 k €	-486%	-169,7 k €	+45.3%	-310,2 k €	-42.1%	-218,3 k €	-81.7%	-120,1 k €	+23.8%	-157,6 k €	-220%	131,7 k €	-21.3%	167,3 k €	+995%	15,3 k €	+104%	-357,7 k €	-19.5%	-299,5 k €	-186%	349,2 k €	+205%	114,5 k €	+2336%	-5,1 k €	-102%	282,2 k €	+142%	-672,7 k €	-79.8%	-374,1 k €	-370%	138,5 k €
Net result	2,9 M €	-75.7%	12 M €	+211%	3,9 M €	+106%	1,9 M €	-12.7%	2,1 M €	+59.8%	1,3 M €	-51.1%	2,7 M €	-68.8%	8,8 M €	+163%	3,3 M €	-61.8%	8,7 M €	+247%	2,5 M €	-38.8%	4,1 M €	+55.8%	2,6 M €	+40.6%	1,9 M €	-73.5%	7,1 M €	+184%	2,5 M €	+187%	-2,9 M €	-428%	873,5 k €	-92.4%	11,5 M €
Balance sheet
Equity	106,2 M €	+2.8%	103,3 M €	+13.1%	91,4 M €	+4.4%	87,5 M €	+2.2%	85,7 M €	+2.6%	83,5 M €	+1.6%	82,2 M €	+3.4%	79,4 M €	+12.4%	70,7 M €	+5.0%	67,3 M €	+14.9%	58,6 M €	+4.5%	56,1 M €	+7.9%	52 M €	+5.3%	49,3 M €	+4.0%	47,5 M €	+17.6%	40,4 M €	+6.6%	37,9 M €	-7.0%	40,7 M €	+2.2%	39,9 M €
Total assets	185,6 M €	+3.5%	179,3 M €	+0.5%	178,3 M €	-1.3%	180,7 M €	-0.9%	182,3 M €	+0.4%	181,6 M €	+6.7%	170,2 M €	+0.4%	169,6 M €	-1.0%	171,3 M €	+0.1%	171,2 M €	+60.3%	106,8 M €	+6.1%	100,7 M €	+4.4%	96,5 M €	+0.7%	95,8 M €	-2.8%	98,5 M €	+95.5%	50,4 M €	+4.7%	48,1 M €	-9.2%	53 M €	+3.0%	51,5 M €
Cash	1,2 M €	-61.0%	3,1 M €	-28.0%	4,3 M €	-66.8%	13 M €	-8.6%	14,2 M €	+39.8%	10,1 M €	+123%	4,5 M €	+15.5%	3,9 M €	-72.4%	14,3 M €	+16.1%	12,3 M €	+57.6%	7,8 M €	+61.8%	4,8 M €	+293%	1,2 M €	-76.6%	5,2 M €	-10.5%	5,8 M €	-29.0%	8,2 M €	+180%	2,9 M €	+1884%	148,1 k €	-97.6%	6,1 M €
Debts	79,4 M €	+4.5%	76 M €	-12.1%	86,4 M €	-6.9%	92,8 M €	-3.7%	96,4 M €	-1.6%	98 M €	+11.3%	88 M €	-2.3%	90,1 M €	-10.4%	100,6 M €	-3.1%	103,8 M €	+1421%	6,8 M €	+120%	3,1 M €	-1.0%	3,1 M €	-38.5%	5,1 M €	-47.4%	9,7 M €	-3.4%	10 M €	-0.0%	10 M €	-14.3%	11,7 M €	+0.5%	11,6 M €

Estimate

Indicative valuation

As an indication, this company is worth

between 25 M€ and 50 M€

See the valuation

Governance

Board of directors

Seen on filing of 30/06/2025 · 4 active · 12 ended

Active mandates

ANTOINE VAN EECKE

Director

Active

bertrand Van Eecke

Director

Active

Christine Doret

Director

Active

FRANCOIS DETANDT

Director

Active

Ended mandates

Antoine Van Eecke

Director · since 07 octobre 2008 · until 05 septembre 2014

Ended

François Detandt

Director · since 07 octobre 2008 · until 05 septembre 2014

Ended

Bertrand van Eecke

Director · since 01 septembre 2008 · until 01 septembre 2014

Ended

Christine Doret

Director · since 01 septembre 2008 · until 01 septembre 2014

Ended

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Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/07/2024	01/07/2023	01/07/2022	01/07/2021	01/07/2020	01/07/2019
Closing of the financial year	30/06/2025	30/06/2024	30/06/2023	30/06/2022	30/06/2021	30/06/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	26/11/2025	16/12/2024	03/01/2024	17/11/2022	31/01/2022	26/01/2021
General meeting	15/10/2025	11/12/2024	13/12/2023	16/11/2022	22/12/2021	22/12/2020
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

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Filings

Annual accounts filings

19 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	30/06/2025	15/10/2025	26/11/2025	French	PDF
Abridged model	30/06/2024	11/12/2024	16/12/2024	French	PDF
Abridged model	30/06/2023	13/12/2023	03/01/2024	French	PDF
Abridged model	30/06/2022	16/11/2022	17/11/2022	French	PDF
Abridged model	30/06/2021	22/12/2021	31/01/2022	French	PDF
Abridged model	30/06/2020	22/12/2020	26/01/2021	French	PDF
Abridged model	30/06/2019	30/10/2019	31/10/2019	French	PDF
Abridged model	30/06/2018	31/10/2018	31/10/2018	French	PDF
Abridged model	30/06/2017	29/11/2017	30/11/2017	French	PDF
Abridged model	30/06/2016	24/10/2016	03/11/2016	French	PDF
Abridged model	30/06/2015	23/12/2015	30/12/2015	French	PDF
Abridged model	30/06/2014	24/10/2014	03/11/2014	French	PDF
Abridged model	30/06/2013	03/10/2013	07/10/2013	French	PDF
Abridged model	30/06/2012	03/09/2012	23/11/2012	French	PDF
Abridged model	30/06/2011	05/09/2011	02/12/2011	French	PDF
Abridged model	30/06/2010	06/09/2010	03/12/2010	French	PDF
Abridged model	30/06/2009	07/09/2009	30/10/2009	French	PDF
Abridged model	30/06/2008	07/10/2008	22/12/2008	French	PDF
Abridged model	30/06/2007	03/09/2007	26/10/2007	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 25 M€ and 50 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 30/06/2025 · 4 active · 12 ended

Active mandates

ANTOINE VAN EECKE

Director

Active

bertrand Van Eecke

Director

Active

Christine Doret

Director

Active

FRANCOIS DETANDT

Director

Active

Ended mandates

Antoine Van Eecke

Director · since 07 octobre 2008 · until 05 septembre 2014

Ended

François Detandt

Director · since 07 octobre 2008 · until 05 septembre 2014

Ended

Bertrand van Eecke

Director · since 01 septembre 2008 · until 01 septembre 2014

Ended

Christine Doret

Director · since 01 septembre 2008 · until 01 septembre 2014

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates08/01/2024
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - DIVERS - DEMISSIONS, NOMINATIONS - ASSEMBLEE GENERALE
PDF
Mandates24/02/2022
DEMISSIONS, NOMINATIONS
PDF
Mandates21/10/2015
DEMISSIONS, NOMINATIONS
PDF
Mandates21/01/2009
DEMISSIONS, NOMINATIONS
PDF
Capital / shares01/03/2004
CAPITAL, ACTIONS
PDF
Mandates25/09/2003
DEMISSIONS, NOMINATIONS
PDF
Mandates07/02/2003
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 20252,9 M €↓
2024
Annual accounts 202412 M €↑
2023
Annual accounts 20233,9 M €↑
2022
Annual accounts 20221,9 M €↓
2021
Annual accounts 20212,1 M €↑
2020
Annual accounts 20201,3 M €↓
2019
Annual accounts 20192,7 M €↓
2018
Annual accounts 20188,8 M €↑
2017
Annual accounts 20173,3 M €↓
2016
Annual accounts 20168,7 M €↑
2015
Annual accounts 20152,5 M €↓
2014
Annual accounts 20144,1 M €↑
2013
Annual accounts 20132,6 M €↑
2012
Annual accounts 20121,9 M €↓
2011
Annual accounts 20117,1 M €↑
2010
Annual accounts 20102,5 M €↑
2009
Annual accounts 2009-2,9 M €↓
2008
Annual accounts 2008873,5 k €↓
2007
Annual accounts 200711,5 M €
13/09/1996
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

BERTINE

Overview

What does BERTINE 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