ACTIVE

BERFIN

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Financial year 2025 · closed on 31/12/2025

Net result

43,3 k €

+14.8% YoY

Gross margin

729,2 k €

-15.7% YoY

Equity

6,8 M €

+0.6% YoY

Workforce

4,4 ETP

0.0% YoY

What does BERFIN do?

BERFIN is a Private limited company incorporated in 2008. Its registered office is in Oostende. It employs on average 4,4 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0808.241.612

Incorporation

05/12/2008

Legal form

Private limited company

Registered office

Torhoutsesteenweg 607
8400 Oostende · FlandreSee on map

Contributed capital

5 922 507,87 €

Latest accounts

31/12/2025

Average workforce

4,4 ETP

Joint committees (2)

200
2000

Contacts

1 public detail availableLog in to view

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 17 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009
Income statement
Gross margin	729,2 k €	-15.7%	864,9 k €	+9.1%	793,1 k €	+19.5%	663,4 k €	+2.6%	646,9 k €	-17.8%	786,7 k €	+13.5%	693,2 k €	-5.9%	736,7 k €	-13.3%	849,4 k €	+18.2%	718,9 k €	-1.4%	728,9 k €	-6.9%	783,1 k €	+65.2%	473,9 k €	-3.3%	490,1 k €	+7.3%	456,9 k €	+41.4%	323,2 k €	-12.8%	370,6 k €
EBITDA	358,3 k €	-20.5%	451 k €	+34.9%	334,4 k €	+8.3%	308,8 k €	-5.0%	324,9 k €	-8.3%	354,4 k €	+90.0%	186,6 k €	-21.6%	237,9 k €	-32.8%	354,3 k €	+42.9%	248 k €	-10.5%	277 k €	-27.6%	382,4 k €	+144%	156,8 k €	-28.6%	219,7 k €	+3.0%	213,3 k €	+50.1%	142,1 k €	-28.8%	199,5 k €
Operating result	145,9 k €	-12.2%	166,2 k €	+1.4%	164 k €	+20.5%	136 k €	-4.3%	142,1 k €	-15.4%	168,1 k €	+104%	82,4 k €	-17.0%	99,3 k €	-51.3%	204,1 k €	+119%	93,1 k €	-23.0%	120,8 k €	-55.8%	273 k €	+424%	52,1 k €	-59.2%	127,7 k €	+47.8%	86,4 k €	-32.2%	127,4 k €	-33.4%	191,5 k €
Net result	43,3 k €	+14.8%	37,7 k €	-26.1%	51 k €	+34.1%	38 k €	-46.2%	70,6 k €	-14.6%	82,8 k €	+290%	21,2 k €	-43.7%	37,7 k €	-63.3%	102,8 k €	+175%	37,4 k €	+1.3%	36,9 k €	-80.4%	188,2 k €	+478%	32,6 k €	-79.4%	158,3 k €	+215%	50,2 k €	-37.6%	80,5 k €	-33.0%	120 k €
Balance sheet
Equity	6,8 M €	+0.6%	6,8 M €	+0.6%	6,7 M €	+0.8%	6,7 M €	+0.6%	6,7 M €	-12.2%	7,6 M €	+1.1%	7,5 M €	+0.3%	7,5 M €	+0.5%	7,4 M €	+1.4%	7,3 M €	-0.8%	7,4 M €	-0.8%	7,5 M €	+2.6%	7,3 M €	+0.4%	7,2 M €	-1.9%	7,4 M €	+0.1%	7,4 M €	+1.1%	7,3 M €
Total assets	8,8 M €	+6.5%	8,3 M €	-2.2%	8,5 M €	-2.3%	8,7 M €	-1.9%	8,8 M €	-1.1%	8,9 M €	+0.4%	8,9 M €	+1.3%	8,8 M €	-1.7%	8,9 M €	-0.7%	9 M €	-2.6%	9,2 M €	+7.5%	8,6 M €	-0.4%	8,6 M €	+1.6%	8,5 M €	-2.3%	8,7 M €	+6.4%	8,1 M €	+5.3%	7,7 M €
Cash	41 k €	+119%	18,7 k €	+81.1%	10,3 k €	-69.6%	34 k €	-22.8%	44,1 k €	+264%	12,1 k €	-11.8%	13,7 k €	-28.3%	19,1 k €	+171%	7 k €	-75.2%	28,5 k €	-76.2%	119,9 k €	-67.5%	369 k €	-41.6%	631,8 k €	-67.4%	1,9 M €	+335%	445,7 k €	-31.4%	649,6 k €	+163%	247,1 k €
Debts	2 M €	+32.9%	1,5 M €	-12.2%	1,7 M €	-13.5%	2 M €	-9.2%	2,2 M €	+62.1%	1,3 M €	-2.5%	1,4 M €	+6.3%	1,3 M €	-13.2%	1,5 M €	-9.9%	1,6 M €	-9.6%	1,8 M €	+63.9%	1,1 M €	-16.6%	1,3 M €	+8.6%	1,2 M €	-4.4%	1,3 M €	+66.6%	765,9 k €	+75.3%	437 k €
Other
Workforce	4,4 ETP	0.0%	4,4 ETP	-12.0%	5,0 ETP	+8.7%	4,6 ETP	+7.0%	4,3 ETP	-28.3%	6,0 ETP	-11.8%	6,8 ETP	-4.2%	7,1 ETP	+1.4%	7,0 ETP	+1.4%	6,9 ETP	0.0%	6,9 ETP	+15.0%	6,0 ETP	+30.4%	4,6 ETP	+15.0%	4,0 ETP	0.0%	4,0 ETP	+25.0%	3,2 ETP	+6.7%	3,0 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 3 ended

Active mandates

Bernard Verhelst

Director

Active

Ended mandates

Bernard Verhelst

Director · since 05 décembre 2008

Ended

Bernard Verhelst

Manager · since 05 décembre 2008

Ended

Bernard verhelst

Manager

Ended

At this address

Other companies at this address

Company	CBE no.
PARTOOL● Active	0416.626.084

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	01/01/2025	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	26/05/2026	08/05/2025	15/07/2024	29/06/2023	13/06/2022	23/07/2021
General meeting	22/05/2026	30/04/2025	21/06/2024	02/06/2023	03/06/2022	30/06/2021
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

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Filings

Annual accounts filings

17 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	22/05/2026	26/05/2026	Dutch	PDF
Abridged model	31/12/2024	30/04/2025	08/05/2025	Dutch	PDF
Abridged model	31/12/2023	21/06/2024	15/07/2024	Dutch	PDF
Abridged model	31/12/2022	02/06/2023	29/06/2023	Dutch	PDF
Abridged model	31/12/2021	03/06/2022	13/06/2022	Dutch	PDF
Abridged model	31/12/2020	30/06/2021	23/07/2021	Dutch	PDF
Abridged model	31/12/2019	05/06/2020	09/06/2020	Dutch	PDF
Abridged model	31/12/2018	07/06/2019	19/08/2019	Dutch	PDF
Abridged model	31/12/2017	01/06/2018	21/09/2018	Dutch	PDF
Abridged model	31/12/2016	02/06/2017	25/09/2017	Dutch	PDF
Abridged model	31/12/2015	03/06/2016	31/08/2016	Dutch	PDF
Abridged model	31/12/2014	05/06/2015	31/08/2015	Dutch	PDF
Abridged model	31/12/2013	06/06/2014	04/07/2014	Dutch	PDF
Abridged model	31/12/2012	07/06/2013	30/08/2013	Dutch	PDF
Abridged model	31/12/2011	01/06/2012	30/07/2012	Dutch	PDF
Abridged model	31/12/2010	03/06/2011	14/08/2011	Dutch	PDF
Abridged model	31/12/2009	04/06/2010	30/06/2010	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 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 · 3 ended

Active mandates

Bernard Verhelst

Director

Active

Ended mandates

Bernard Verhelst

Director · since 05 décembre 2008

Ended

Bernard Verhelst

Manager · since 05 décembre 2008

Ended

Bernard verhelst

Manager

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates26/11/2021
WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares12/11/2012
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Restructuring06/07/2012
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Restructuring11/05/2012
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Other16/12/2008
RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
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 202543,3 k €↑
2024
Annual accounts 202437,7 k €↓
2023
Annual accounts 202351 k €↑
2022
Annual accounts 202238 k €↓
2021
Annual accounts 202170,6 k €↓
2020
Annual accounts 202082,8 k €↑
2019
Annual accounts 201921,2 k €↓
2018
Annual accounts 201837,7 k €↓
2017
Annual accounts 2017102,8 k €↑
2016
Annual accounts 201637,4 k €↑
2015
Annual accounts 201536,9 k €↓
2014
Annual accounts 2014188,2 k €↑
2013
Annual accounts 201332,6 k €↓
2012
Annual accounts 2012158,3 k €↑
2011
Annual accounts 201150,2 k €↓
2010
Annual accounts 201080,5 k €↓
2009
Annual accounts 2009120 k €
05/12/2008
IncorporationPrivate 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

BERFIN

Overview

What does BERFIN do?

Trend over 17 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