ACTIVE

Bermaso

Export PDF

Financial year 2025 · Closed on 31/12/2025

Net result20,1 M €+530,8 %over 1 year

Revenue7,5 M €+44,7 %over 1 year

Equity73,4 M €+16,2 %over 1 year

Workforce2,7 ETP+3,8 %over 1 year

Identity

Source · BCE/KBO

Bermaso is a Public limited company incorporated in 1999. Its main activity is: Buying and selling of own real estate. Its registered office is in Schilde. It employs on average 2,7 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0466.251.878
Incorporation: 15/06/1999
Legal form: Public limited company
Registered office: Wijnegemsteenweg 22 box 1
2970 Schilde · FlandreSee on map
Contributed capital: 13 626 590,81 €
Latest accounts: 31/12/2025
Average workforce: 2,7 ETP

Activities (NACE)

68100Buying and selling of own real estate· main 68110Buying and selling of own real estate 68203Rental and operating of own or leased real estate 68203Rental and operating of own or leased real estate 70120Activities of head offices 70200Management consultancy activities+2

Joint committees (1)

Signals

ProfitableSolid equityLow riskPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 18 filings

Trend over 18 financial years

	2025		2024		2023		2021		2020
Income statement
Revenue	7,5 M €	+44.7%	5,2 M €	-69.7%	17,1 M €	+60.5%	10,7 M €	+143%	4,4 M €
EBITDA	122,5 k €	+105%	-2,4 M €	-218%	2,1 M €	+1459%	-152,8 k €	-101%	10,9 M €
Operating result	-2,6 M €	-1.8%	-2,6 M €	-24.5%	-2,1 M €	+37.0%	-3,3 M €	-142%	7,8 M €
Net result	20,1 M €	+531%	-4,7 M €	-278%	2,6 M €	-64.9%	7,5 M €	-30.2%	10,8 M €
Balance sheet
Equity	73,4 M €	+16.2%	63,2 M €	-0.5%	63,4 M €	+4.3%	60,8 M €	+17.6%	51,7 M €
Total assets	165,5 M €	-0.1%	165,6 M €	-6.6%	177,3 M €	+0.9%	175,7 M €	+20.7%	145,7 M €
Cash	85,2 k €	+118%	39,1 k €	-89.8%	383,9 k €	-89.8%	3,8 M €	+33.1%	2,8 M €
Debts	89,5 M €	-9.3%	98,7 M €	-8.8%	108,3 M €	+0.8%	107,4 M €	+29.1%	83,1 M €
Other
Workforce	2,7 ETP	+3.8%	2,6 ETP	+4.0%	2,5 ETP	-3.8%	2,6 ETP	+4.0%	2,5 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

3 active · 8 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
PADOXA0435.094.092Represented by Xavier Painblanc	Managing director18/12/2025 → 18/12/2031
Painblanc Consult0773.558.667Represented by Bernard Painblanc	Director18/12/2025 → 18/12/2031Managing director04/04/2022 → 2024 accountsended
BIBI FASHION0444.703.428Represented by Xavier Painblanc	Director06/06/2005 → 18/12/2025Managing director24/06/2010 → 2024 accountsended

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Bernard Painblanc	Director22/09/2017 → 2019 accounts
Sophie Painblanc	Director30/06/2015 → 2018 accounts

Other companies at this address

Wijnegemsteenweg 22 2970 Schilde

Company	CBE no.
BAKKERIJ GOOSSENS● Active	0543.929.181
BBC Zoersel vzw● Active	0479.330.844
BERMASO III● Active	0888.161.395
BIBI FASHION● Active	0444.703.428
BOUW EN PROMOTIE DIKSMUIDESTRAAT● Active	0578.846.906
BOUW EN PROMOTIE DIVINE● Active	0664.486.028
Bouw en Promotie Veertien● Active	0799.732.930
BOUW & PROMOTIE OMNIA● Active	0779.364.118
CP Designs● Active	1044.077.019
FITRACO● Active	0425.012.626
FITRINVEST● Active	0684.605.412
GF Ventures● Active	0788.399.667
Groep Bermaso● Active	1033.981.693
Grondvennootschap Veertien● Active	0799.733.029
Grondvennootschap XG● Active	0664.922.330
IEPENBURG● Active	0861.803.725
INTERWAC● Active	0424.664.416
JULMACO● Active	0467.829.416
MINERVA VASTGOED● Active	0473.917.452
Molenveld Uitbreiding● Active	0404.310.252

Full financial information

Source · NBB

	2025	2024	2023	2021	2020	2019
Type of account	Full model	Full model	Full model	Full model	Full model	Full model
Start of the financial year	01/11/2024	01/11/2023	01/12/2021	01/12/2020	01/12/2019	01/12/2018
Closing of the financial year	31/12/2025	31/10/2024	31/10/2023	30/11/2021	30/11/2020	30/11/2019
Length of the financial year	14 months	12 months	23 months	12 months	12 months	12 months
Filing date	31/08/2026	16/05/2025	30/05/2024	24/08/2022	16/07/2021	16/07/2021
General meeting	31/08/2026	08/05/2025	27/05/2024	05/08/2022	16/07/2021	16/07/2021
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

Financial ratios

Source · NBB

Looking for more information about this company?

Try for free

Annual accounts filings

Source · NBB, 18 filings

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	31/08/2026	31/08/2026	Dutch	PDF
Full model	31/10/2024	08/05/2025	16/05/2025	Dutch	PDF
Full model	31/10/2023	27/05/2024	30/05/2024	Dutch	PDF
Full model	30/11/2021	05/08/2022	24/08/2022	Dutch	PDF
Full model	30/11/2020	16/07/2021	16/07/2021	Dutch	PDF
Full model	30/11/2019	16/07/2021	16/07/2021	Dutch	PDF
Full model	30/11/2018	31/10/2019	19/11/2019	Dutch	PDF
Full model	31/12/2016	22/09/2017	26/09/2017	Dutch	PDF
Full model	31/12/2015	24/06/2016	19/07/2016	Dutch	PDF
Full model	31/12/2014	30/06/2015	28/08/2015	Dutch	PDF
Full model	31/12/2013	07/08/2014	18/08/2014	Dutch	PDF
Full model	31/12/2012	07/06/2013	11/06/2013	Dutch	PDF
Full model	31/12/2011	01/06/2012	28/06/2012	Dutch	PDF
Full model	31/12/2010	03/06/2011	05/07/2011	Dutch	PDF
Full model	31/12/2009	04/06/2010	28/06/2010	Dutch	PDF
Abridged model	31/12/2008	02/06/2009	05/06/2009	Dutch	PDF
Abridged model	31/12/2007	02/06/2008	03/06/2008	Dutch	PDF
Abridged model	31/12/2006	04/06/2007	07/06/2007	Dutch	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 k€

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.

Board of directors

Source · NBB, accounts to 31/12/2025

3 active · 8 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
PADOXA0435.094.092Represented by Xavier Painblanc	Managing director18/12/2025 → 18/12/2031
Painblanc Consult0773.558.667Represented by Bernard Painblanc	Director18/12/2025 → 18/12/2031Managing director04/04/2022 → 2024 accountsended
BIBI FASHION0444.703.428Represented by Xavier Painblanc	Director06/06/2005 → 18/12/2025Managing director24/06/2010 → 2024 accountsended

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Bernard Painblanc	Director22/09/2017 → 2019 accounts
Sophie Painblanc	Director30/06/2015 → 2018 accounts

Ownership and network

Looking for more information about this company?

Try for free

Belgian Official Gazette publications

Source · Belgian Official Gazette

Restructuring22/06/2026
KAPITAAL - AANDELEN - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Restructuring05/05/2026
KAPITAAL - AANDELEN - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Restructuring15/01/2026
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...) - DIVERSEN
PDF
Restructuring10/11/2025
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Restructuring10/11/2025
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Other30/09/2025
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - ALGEMENE VERGADERING - BOEKJAAR
PDF
Mandates07/07/2025
ONTSLAGEN - BENOEMINGEN
PDF
Restructuring30/09/2024
KAPITAAL - AANDELEN - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF

Similar companies

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

See the Business plan

Timeline

Source · CBE, NBB annual accounts

Year

Identity

Incorporation

Name

Registered office

Annual accounts

Filings18 filings

Mandates

PADOXA

Painblanc Consult

BIBI FASHION

Bernard Painblanc

Sophie Painblanc

Xavier Painblanc

Stéphane Van Moorleghem

Jan Van der Henst

Timothy Hens

De Mol, Meuldermans & partners

SOMAX

199920002001200220032004200520062007200820092010201120122013201420152016201720182019202020212022202320242025202620272028202920302031

Bermaso

Wijnegemsteenweg 22 bte 1, 2970 Schilde

Managing director

DirectorManaging director

Director

DirectorManaging director

Director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Wijnegemsteenweg 22 bte 1, 2970 SchildeCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00489985

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
BermasoCurrent	accounts 2006 → 2025	Accounts 2025 · 2026-00489985

Events

27/05/2026
autre
2025
Annual accounts 202520,1 M €↑
08/05/2025
reconductionFigurad Bedrijfsrevisoren BV · commissaris
01/01/2025
augmentation_capital
01/01/2025
apportXavier Painblanc
01/01/2025
apportBIBI FASHION NV
01/01/2025
apportPADOXA NV
2024
Annual accounts 2024-4,7 M €↓
01/01/2024
split
2023
Annual accounts 20232,6 M €↓
2021
Annual accounts 20217,5 M €↓
2020
Annual accounts 202010,8 M €↑
2019
Annual accounts 2019-3,6 M €↓
2018
Annual accounts 20186,9 M €↑
2016
Annual accounts 2016827,3 k €↓
2015
Annual accounts 20153,1 M €↓
2014
Annual accounts 20146,9 M €↑
2013
Annual accounts 20132 M €↓
2012
Annual accounts 20123,9 M €↑
2011
Annual accounts 20111,2 M €↓
2010
Annual accounts 20101,4 M €↓
2009
Annual accounts 20091,6 M €↑
2008
Annual accounts 2008596 k €↓
2007
Annual accounts 20072,1 M €↑
2006
Annual accounts 2006-1,9 M €
15/06/1999
IncorporationPublic limited company

Bermaso

Overview

Identity

Financials

Valuation

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

Timeline

Registered offices

Company names

Events