ACTIVE

BERCOWORKS

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Financial year 2025 · closed on 31/12/2025

Net result

9,6 k €

-57.2% YoY

Gross margin

28,9 k €

-37.6% YoY

Equity

146,6 k €

+7.0% YoY

What does BERCOWORKS do?

BERCOWORKS is a Private limited company incorporated in 2005. Its main activity is: Performing arts. Its registered office is in Uccle.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0875.874.069

Incorporation

05/09/2005

Legal form

Private limited company

Registered office

Rue Gabrielle 115/11
1180 Uccle · BruxellesSee on map

Latest accounts

31/12/2025

Activities (NACE)

90011Performing arts· main 90201Creative, arts and entertainment activities 92311Gambling and betting activities

Signals

ProfitableSolid equityPositive cashflowPositive EBITDA

View the BCE/KBO Public Search record →

Health score

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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	28,9 k €	-37.6%	46,2 k €	+64.9%	28 k €	-42.1%	48,4 k €	+68.7%	28,7 k €	-15.6%	34 k €	-23.2%	44,3 k €	+46.1%	30,3 k €	-25.3%	40,6 k €	+78.5%	22,8 k €	-55.1%	50,7 k €	+135%	21,6 k €	-69.4%	70,5 k €	+7.0%	65,9 k €	-45.4%	120,7 k €	+33.5%	90,4 k €	-14.4%	105,7 k €	-0.0%	105,7 k €	+5.7%	100 k €
EBITDA	26,2 k €	-39.8%	43,5 k €	+63.6%	26,6 k €	-41.8%	45,7 k €	+70.6%	26,8 k €	-16.3%	32 k €	-24.1%	42,2 k €	+51.9%	27,8 k €	-26.2%	37,6 k €	+74.2%	21,6 k €	-54.9%	47,8 k €	+138%	20,1 k €	-70.8%	68,8 k €	+7.0%	64,4 k €	-45.6%	118,4 k €	+34.4%	88,1 k €	-14.8%	103,4 k €	-0.2%	103,5 k €	+7.3%	96,5 k €
Operating result	14,7 k €	-54.1%	32,1 k €	+102%	15,9 k €	-55.8%	35,8 k €	+104%	17,5 k €	-23.4%	22,9 k €	-8.2%	24,9 k €	+140%	10,4 k €	-20.7%	13,1 k €	+219%	4,1 k €	-86.1%	29,4 k €	+368%	6,3 k €	-88.4%	54,3 k €	+8.9%	49,9 k €	-50.7%	101,3 k €	+69.5%	59,8 k €	-21.2%	75,9 k €	+3.9%	73 k €	+9.1%	67 k €
Net result	9,6 k €	-57.2%	22,3 k €	+162%	8,5 k €	-60.5%	21,6 k €	+38.8%	15,6 k €	-10.7%	17,4 k €	-0.4%	17,5 k €	+725%	2,1 k €	-39.9%	3,5 k €	+140%	-8,8 k €	-108%	108,3 k €	+1181%	-10 k €	-135%	28,3 k €	-23.6%	37 k €	-42.3%	64,1 k €	+44.6%	44,3 k €	+18.4%	37,4 k €	-3.7%	38,9 k €	+11.0%	35 k €
Balance sheet
Equity	146,6 k €	+7.0%	137 k €	+19.5%	114,7 k €	-57.5%	270,2 k €	+8.7%	248,6 k €	-0.6%	250,1 k €	-0.2%	250,6 k €	+3.1%	243,2 k €	-1.2%	246 k €	-0.6%	247,5 k €	-3.4%	256,4 k €	+48.2%	173 k €	-5.5%	183,1 k €	-6.2%	195,3 k €	+6.9%	182,7 k €	+28.1%	142,6 k €	+17.6%	121,3 k €	+16.8%	103,9 k €	+25.2%	83 k €
Total assets	327 k €	-5.2%	344,9 k €	-2.6%	354 k €	-12.2%	403,3 k €	-4.3%	421,6 k €	-1.1%	426,4 k €	-0.8%	429,9 k €	+1.5%	423,7 k €	-6.3%	452,1 k €	-4.6%	474 k €	-12.1%	539,4 k €	+27.9%	421,8 k €	-12.4%	481,7 k €	-6.4%	514,8 k €	-0.8%	518,9 k €	+8.3%	479,2 k €	-5.6%	507,4 k €	-3.3%	524,8 k €	-10.5%	586,6 k €
Cash	30,8 k €	-7.6%	33,3 k €	-4.1%	34,7 k €	-40.7%	58,5 k €	+64.6%	35,6 k €	+35.8%	26,2 k €	+84.7%	14,2 k €	-44.6%	25,6 k €	+154%	10,1 k €	-63.7%	27,7 k €	-72.3%	100 k €	+324%	23,6 k €	-41.3%	40,2 k €	-48.5%	77,9 k €	+32.8%	58,7 k €	+32.8%	44,2 k €	-7.8%	47,9 k €	+4.8%	45,7 k €	-38.5%	74,4 k €
Debts	147,9 k €	-15.2%	174,3 k €	-14.9%	204,7 k €	+110%	97,6 k €	-28.4%	136,4 k €	-1.7%	138,7 k €	-1.4%	140,6 k €	-0.2%	140,8 k €	-14.7%	165,2 k €	-10.6%	184,8 k €	-23.2%	240,7 k €	-3.3%	248,8 k €	-16.7%	298,6 k €	-4.8%	313,6 k €	-6.7%	336,2 k €	-0.1%	336,6 k €	-12.8%	386,1 k €	-8.3%	420,9 k €	-16.4%	503,6 k €

Estimate

Indicative valuation

As an indication, this company is worth

between 100 k€ and 250 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 6 ended

Active mandates

Philippe BERCOVICI

Administrator - manager

Active

Ended mandates

JULIETTE BERCOVICI

Director

Ended

JULIETTE BERCOVICI

Manager

Ended

Philippe Bercovici

Director

Ended

PHILIPPE BERCOVICI

Manager

Ended

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	24/08/2026	27/08/2025	12/08/2024	10/08/2023	25/08/2022	17/08/2021
General meeting	02/06/2026	04/06/2025	04/06/2024	06/06/2023	07/06/2022	02/06/2021
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

19 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2025	02/06/2026	24/08/2026	French	PDF
Micro model	31/12/2024	04/06/2025	27/08/2025	French	PDF
Micro model	31/12/2023	04/06/2024	12/08/2024	French	PDF
Micro model	31/12/2022	06/06/2023	10/08/2023	French	PDF
Micro model	31/12/2021	07/06/2022	25/08/2022	French	PDF
Micro model	31/12/2020	02/06/2021	17/08/2021	French	PDF
Micro model	31/12/2019	02/06/2020	18/08/2020	French	PDF
Micro model	31/12/2018	04/06/2019	26/09/2019	French	PDF
Micro model	31/12/2017	05/06/2018	11/07/2018	French	PDF
Abridged model	31/12/2016	06/06/2017	17/08/2017	French	PDF
Abridged model	31/12/2015	07/06/2016	30/08/2016	French	PDF
Abridged model	31/12/2014	03/06/2015	31/08/2015	French	PDF
Abridged model	31/12/2013	03/06/2014	13/08/2014	French	PDF
Abridged model	31/12/2012	04/06/2013	05/06/2013	French	PDF
Abridged model	31/12/2011	05/06/2012	04/07/2012	French	PDF
Abridged model	31/12/2010	07/06/2011	14/06/2011	French	PDF
Abridged model	31/12/2009	01/06/2010	10/06/2010	French	PDF
Abridged model	31/12/2008	06/02/2009	18/06/2009	French	PDF
Abridged model	31/12/2007	03/06/2008	03/06/2008	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 100 k€ and 250 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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 6 ended

Active mandates

Philippe BERCOVICI

Administrator - manager

Active

Ended mandates

JULIETTE BERCOVICI

Director

Ended

JULIETTE BERCOVICI

Manager

Ended

Philippe Bercovici

Director

Ended

PHILIPPE BERCOVICI

Manager

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates03/05/2023
MODIFICATION FORME JURIDIQUE - DEMISSIONS, NOMINATIONS
PDF
Registered office24/12/2015
SIEGE SOCIAL
PDF
Capital / shares12/02/2014
CAPITAL, ACTIONS
PDF
Capital / shares20/01/2014
CAPITAL, ACTIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Other12/09/2005
RUBRIQUE CONSTITUTION (NOUVELLE PERSONNE MORALE, OUVERTURE SUCCURSALE, ETC...)
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 20259,6 k €↓
2024
Annual accounts 202422,3 k €↑
2023
Annual accounts 20238,5 k €↓
2022
Annual accounts 202221,6 k €↑
2022
Name changeBERCO WORKS
2021
Annual accounts 202115,6 k €↓
2021
Name changeBERCOWORKS SRL
2020
Annual accounts 202017,4 k €↓
2019
Annual accounts 201917,5 k €↑
2018
Annual accounts 20182,1 k €↓
2017
Annual accounts 20173,5 k €↑
2016
Annual accounts 2016-8,8 k €↓
2015
Annual accounts 2015108,3 k €↑
2014
Annual accounts 2014-10 k €↓
2013
Annual accounts 201328,3 k €↓
2012
Annual accounts 201237 k €↓
2011
Annual accounts 201164,1 k €↑
2010
Annual accounts 201044,3 k €↑
2009
Annual accounts 200937,4 k €↓
2008
Annual accounts 200838,9 k €↑
2007
Annual accounts 200735 k €
05/09/2005
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

BERCOWORKS

Overview

What does BERCOWORKS do?

Trend over 19 financial years

Indicative valuation

Board of directors

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