ACTIVE

BERTELS

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Financial year 2025 · closed on 31/12/2025

Net result

76,7 k €

-83.4% YoY

Gross margin

1,1 M €

-24.8% YoY

Equity

1,1 M €

+7.9% YoY

Workforce

17,3 ETP

+47.9% YoY

What does BERTELS do?

BERTELS is a Private limited company incorporated in 2008. Its main activity is: Growing of vegetables and melons, roots and tubers. Its registered office is in Duffel. It employs on average 17,3 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0898.270.478

Incorporation

29/05/2008

Legal form

Private limited company

Registered office

Waarloossteenweg 16 box B
2570 Duffel · FlandreSee on map

Contributed capital

186 200,00 €

Latest accounts

31/12/2025

Average workforce

17,3 ETP

Activities (NACE)

01130Growing of vegetables and melons, roots and tubers· main 01130Growing of vegetables and melons, roots and tubers 01210Growing of grapes 01210Growing of grapes 01199Growing of other non-perennial crops 01199Growing of other non-perennial crops+10

Joint committees (1)

1450

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 18 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008
Income statement
Gross margin	1,1 M €	-24.8%	1,5 M €	+171%	540,8 k €	+29.8%	416,6 k €	-32.0%	612,4 k €	-13.1%	705,1 k €	+49.7%	471 k €	+16.3%	404,9 k €	+9.0%	371,3 k €	-1.5%	376,9 k €	-2.1%	385,1 k €	+33.3%	288,9 k €	+14.4%	252,6 k €	-24.7%	335,6 k €	+64.7%	203,8 k €	-10.9%	228,6 k €	+254%	64,6 k €	-47.9%	124,1 k €
EBITDA	388,9 k €	-53.5%	835,6 k €	+580%	122,8 k €	+1250%	9,1 k €	-95.9%	221,2 k €	-15.2%	260,9 k €	+14.3%	228,3 k €	-7.1%	245,8 k €	+7.3%	229,1 k €	-5.3%	242 k €	+4.1%	232,6 k €	+76.7%	131,6 k €	+5.4%	124,8 k €	-38.3%	202,4 k €	+101%	100,8 k €	-18.4%	123,5 k €	+336%	-52,4 k €	-157%	92 k €
Operating result	122,4 k €	-76.3%	516,5 k €	+544%	-116,4 k €	+24.0%	-153,2 k €	-335%	65,1 k €	-51.3%	133,8 k €	-4.4%	139,9 k €	+33.5%	104,8 k €	+75.3%	59,8 k €	-13.9%	69,4 k €	-21.9%	88,9 k €	+31112%	-286,7 €	+99.2%	-34,7 k €	-242%	24,5 k €	+374%	-9 k €	-126%	34,7 k €	+141%	-85,3 k €	-686%	-10,9 k €
Net result	76,7 k €	-83.4%	460,8 k €	+437%	-136,9 k €	-245%	-39,7 k €	-180%	49,4 k €	-56.7%	114,1 k €	-14.1%	132,9 k €	+26.6%	105 k €	+81.1%	58 k €	-22.6%	74,9 k €	-19.6%	93,2 k €	+1106%	-9,3 k €	+79.5%	-45,1 k €	-133%	135,3 k €	+350%	-54 k €	-508%	13,3 k €	+114%	-96 k €	-608%	-13,6 k €
Balance sheet
Equity	1,1 M €	+7.9%	974,9 k €	+79.1%	544,2 k €	-20.1%	681,1 k €	-5.5%	720,8 k €	+5.8%	681,4 k €	+18.0%	577,4 k €	+28.9%	448 k €	+30.6%	343 k €	+20.3%	285 k €	+35.7%	210 k €	+79.8%	116,8 k €	-7.3%	126,1 k €	-26.4%	171,2 k €	+377%	35,9 k €	-60.1%	89,9 k €	+187%	-103,3 k €	-1304%	-7,4 k €
Total assets	2,5 M €	-5.5%	2,7 M €	+9.2%	2,4 M €	-10.4%	2,7 M €	+10.0%	2,5 M €	+3.3%	2,4 M €	+24.1%	1,9 M €	+232%	579 k €	+2.6%	564,3 k €	-21.8%	721,3 k €	-1.7%	733,9 k €	-1.7%	746,9 k €	-12.5%	853,9 k €	-17.7%	1 M €	+2.2%	1 M €	+10.6%	918,2 k €	+145%	374,2 k €	-21.1%	474,3 k €
Cash	626 k €	-7.7%	677,8 k €	+162%	258,8 k €	-14.8%	303,6 k €	-51.2%	622,4 k €	+27.5%	488,3 k €	+15.6%	422,3 k €	+4.7%	403,2 k €	+733%	48,4 k €	-76.1%	203 k €	+101%	101,1 k €	+82.0%	55,5 k €	+1084%	4,7 k €	-86.5%	34,6 k €	+1095%	2,9 k €	-82.3%	16,4 k €	+9119361%	0,2 €	-100.0%	14,2 k €
Debts	1,5 M €	-13.3%	1,7 M €	-10.9%	1,9 M €	-7.3%	2 M €	+16.5%	1,7 M €	+2.3%	1,7 M €	+26.7%	1,3 M €	+926%	131 k €	-40.8%	221,3 k €	-48.1%	426,4 k €	-18.6%	523,9 k €	-16.9%	630,1 k €	-13.4%	727,8 k €	-13.9%	845,1 k €	-13.7%	979,5 k €	+18.3%	828,3 k €	+73.5%	477,5 k €	-0.8%	481,6 k €
Other
Workforce	17,3 ETP	+47.9%	11,7 ETP	-7.1%	12,6 ETP	+7.7%	11,7 ETP	-13.3%	13,5 ETP	-4.9%	14,2 ETP	+91.9%	7,4 ETP	+57.4%	4,7 ETP	-4.1%	4,9 ETP	+11.4%	4,4 ETP	-6.4%	4,7 ETP	-9.6%	5,2 ETP	+8.3%	4,8 ETP	+26.3%	3,8 ETP	+2.7%	3,7 ETP	-5.1%	3,9 ETP	-2.5%	4,0 ETP	+264%	1,1 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 9 ended

Active mandates

Frans de Nayer

Director · since 01 janvier 2026

Active

Jan Bertels

Director

Active

Karla Van Dessel

Director · until 28 juin 2025

Active

Ended mandates

Karla Van Dessel

Director · since 01 novembre 2021

Ended

Jan Bertels

Manager · since 15 septembre 2018

Ended

Dirk Bertels

Manager · since 29 mai 2008

Ended

Karla Van Dessel

Manager · since 29 mai 2008

Ended

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	01/10/2023	01/10/2022	01/10/2021	01/10/2020	01/10/2019
Closing of the financial year	31/12/2025	31/12/2024	30/09/2023	30/09/2022	30/09/2021	30/09/2020
Length of the financial year	12 months	15 months	12 months	12 months	12 months	12 months
Filing date	22/07/2026	23/06/2025	24/04/2024	28/04/2023	22/04/2022	29/04/2021
General meeting	03/06/2026	19/06/2025	11/03/2024	13/03/2023	14/03/2022	08/03/2021
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

18 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	03/06/2026	22/07/2026	Dutch	PDF
Abridged model	31/12/2024	19/06/2025	23/06/2025	Dutch	PDF
Abridged model	30/09/2023	11/03/2024	24/04/2024	Dutch	PDF
Abridged model	30/09/2022	13/03/2023	28/04/2023	Dutch	PDF
Abridged model	30/09/2021	14/03/2022	22/04/2022	Dutch	PDF
Abridged model	30/09/2020	08/03/2021	29/04/2021	Dutch	PDF
Abridged model	30/09/2019	09/03/2020	07/04/2020	Dutch	PDF
Abridged model	30/09/2018	11/03/2019	15/03/2019	Dutch	PDF
Abridged model	30/09/2017	12/03/2018	20/03/2018	Dutch	PDF
Abridged model	30/09/2016	13/03/2017	14/03/2017	Dutch	PDF
Abridged model	30/09/2015	14/03/2016	17/03/2016	Dutch	PDF
Abridged model	30/09/2014	09/03/2015	27/03/2015	Dutch	PDF
Abridged model	30/09/2013	10/03/2014	28/03/2014	Dutch	PDF
Abridged model	30/09/2012	11/03/2013	22/03/2013	Dutch	PDF
Abridged model	30/09/2011	12/03/2012	13/04/2012	Dutch	PDF
Abridged model	30/09/2010	14/03/2011	30/04/2011	Dutch	PDF
Abridged model	30/09/2009	08/03/2010	30/04/2010	Dutch	PDF
Abridged model	30/09/2008	09/03/2009	21/04/2009	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 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 · 3 active · 9 ended

Active mandates

Frans de Nayer

Director · since 01 janvier 2026

Active

Jan Bertels

Director

Active

Karla Van Dessel

Director · until 28 juin 2025

Active

Ended mandates

Karla Van Dessel

Director · since 01 novembre 2021

Ended

Jan Bertels

Manager · since 15 septembre 2018

Ended

Dirk Bertels

Manager · since 29 mai 2008

Ended

Karla Van Dessel

Manager · since 29 mai 2008

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates03/03/2026
ONTSLAGEN - BENOEMINGEN
PDF
Mandates25/09/2025
ONTSLAGEN - BENOEMINGEN
PDF
Other01/10/2024
ALGEMENE VERGADERING - BOEKJAAR
PDF
Mandates15/07/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - DOEL - ONTSLAGEN - BENOEMINGEN
PDF
Mandates29/04/2022
ONTSLAGEN - BENOEMINGEN
PDF
Mandates02/10/2018
ONTSLAGEN - BENOEMINGEN
PDF
Mandates07/10/2014
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares21/06/2010
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
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 202576,7 k €↓
2024
Annual accounts 2024460,8 k €↑
2023
Annual accounts 2023-136,9 k €↓
2022
Annual accounts 2022-39,7 k €↓
2021
Annual accounts 202149,4 k €↓
2020
Annual accounts 2020114,1 k €↓
2019
Annual accounts 2019132,9 k €↑
2018
Annual accounts 2018105 k €↑
2017
Annual accounts 201758 k €↓
2016
Annual accounts 201674,9 k €↓
2015
Annual accounts 201593,2 k €↑
2014
Annual accounts 2014-9,3 k €↑
2013
Annual accounts 2013-45,1 k €↓
2012
Annual accounts 2012135,3 k €↑
2011
Annual accounts 2011-54 k €↓
2010
Annual accounts 201013,3 k €↑
2009
Annual accounts 2009-96 k €↓
2008
Annual accounts 2008-13,6 k €
29/05/2008
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

BERTELS

Overview

What does BERTELS do?

Trend over 18 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