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ALGEMENE BOUWONDERNEMING DESMET BRAM

Active
Private limited companyfounded 2008active for 17 yearsManestraat 28, 8870 Izegem, BelgiumKBO/BCE: BE 0808.252.005

From the official registers: KBO 17 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

ALGEMENE BOUWONDERNEMING DESMET BRAM has been active since 2008 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €352,359 and a net result of €2,653. Equity has been growing by about 7.4% per year since 2018. Its solvency ranks better than 61% of 2,790 sector peers (NACE 41, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Risk analysisFollow ReportCompare
ALGEMENE BOUWONDERNEMING DESMET BRAMActiveChecked score 86/100
Risk analysis ReportCompare

Overview

Official details

KBO
Status
Active since 03-12-2008 Normal situation
Legal form
Private limited company
Registered office
Manestraat 28, 8870 Izegem
Activity
General construction of residential buildings NACE 41001and 2 others
Establishment units
2.174.859.764 8870 Izegem, since 03-12-2008
2.324.522.648 8870 Izegem, since 29-11-2021
Financial year end
31 December
Peppol
Reachable since 27-03-2025
Company details

Board and ownership

Board
  • Desmet BramDirector · since 03-12-2008
Board & ownership

Financial position

86 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.3%
Annual accounts 2025
Gross margin
€363,387
▼ 6.5%
Turnover
≈ €770,000
estimated
Profit
€2,653
▼ 49.3%
Equity
€352,359
▲ 0.8%
Total assets
€712,528
▼ 0.1%
Staff
5.3 FTE
▼ 8.6%
2025 accounts filed 32 days before the deadline
Filed on 29-06-2026at the National Bank
Financials
Score breakdownraises riskSector: Construction of residential and non-residential buildings (NACE 41)lowers riskLiquidity: current ratio 1.98, cash €104,047Founded in 2008Equity €352,359 (49.5% of total assets)Show the evidence

Checked score

Score 2025
86 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 46% of micro companies in construction of buildings (NACE 41)
Every signal that counts is listed under Signals.
Financial strength · tick: 2024
Strong
Solvency 74=
equity 49.5% of total assets
Liquidity 56+3
short-term debt 29.0% · cash 14.6%
Profitability 49+7
return on assets 0.4%
Bankruptcy probability within 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%

About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.5% (13,451 companies, NACE 41, micro)
Last 24 months 11-2024: 0.2%lowest value 12-2024: 0.2%● unchanged vs 11-2024lowest value 01-2025: 0.2%● unchanged vs 12-2024lowest value 02-2025: 0.2%● unchanged vs 01-2025 03-2025: 0.2%● unchanged vs 02-2025 04-2025: 0.2%● unchanged vs 03-2025 05-2025: 0.2%● unchanged vs 04-2025 06-2025: 0.2%● unchanged vs 05-2025 07-2025: 0.5%▲ +0.3 percentage points vs 06-2025 08-2025: 0.5%● unchanged vs 07-2025 09-2025: 0.5%● unchanged vs 08-2025 10-2025: 0.5%● unchanged vs 09-2025 11-2025: 0.5%● unchanged vs 10-2025 12-2025: 0.5%● unchanged vs 11-2025 01-2026: 0.5%● unchanged vs 12-2025 02-2026: 0.5%● unchanged vs 01-2026 03-2026: 0.5%● unchanged vs 02-2026 04-2026: 0.6%▲ +0.1 percentage points vs 03-2026highest value 05-2026: 0.6%● unchanged vs 04-2026 06-2026: 0.6%● unchanged vs 05-2026 07-2026: 0.3%▼ -0.3 percentage points vs 06-2026 08-2026: 0.3%● unchanged vs 07-2026 09-2026: 0.3%● unchanged vs 08-2026 10-2026: 0.3%● unchanged vs 09-2026
Credit of up to €30,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 1.98 (2.24 in 2024), above the usual 1.5. Short-term debt is 29% and cash 14.6% of total assets. However, 50.5% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 41, micro). It does better than 58% of them on solvency, 61% on liquidity, 28% on profitability and 38% on growth.

The bankruptcy probability was computed on 31-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Liquidity: current ratio 1.98, cash €104,047
NBB · annual accounts
raises risk · Sector: Construction of residential and non-residential buildings (NACE 41)
KBO
lowers risk · Founded in 2008
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Equity €352,359 (49.5% of total assets)
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-06-2026, 32 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
32 days early
2024
38 days early
2023
70 days early
2022
56 days early
2021
44 days early
2020
54 days early
2019
45 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 48 days before the deadline. In the sector (NACE 41), the median for financial year 2024 was on the deadline day, and 46% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 17 June (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
01-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
  • Positive: 8 profitable years in a rowprofit 2025: €2,653 8 years View

Documents

Annual accounts at the NBB

All 17 annual accounts

Acts in the Belgian Official Gazette

All publications in the Belgian Official Gazette

Articles and registers

Key facts about ALGEMENE BOUWONDERNEMING DESMET BRAM

What is the company number of ALGEMENE BOUWONDERNEMING DESMET BRAM?
The company number of ALGEMENE BOUWONDERNEMING DESMET BRAM is 0808.252.005. The VAT number is the same number with BE in front: BE 0808.252.005.
Where is ALGEMENE BOUWONDERNEMING DESMET BRAM based?
The registered office is at Manestraat 28, 8870 Izegem.Company details
What does ALGEMENE BOUWONDERNEMING DESMET BRAM do?
According to the KBO register, the main activity is general construction of residential buildings (NACE 41001).
What is the legal form of ALGEMENE BOUWONDERNEMING DESMET BRAM?
The legal form of ALGEMENE BOUWONDERNEMING DESMET BRAM is Private limited company (BV).
When was ALGEMENE BOUWONDERNEMING DESMET BRAM founded?
ALGEMENE BOUWONDERNEMING DESMET BRAM was founded on 03-12-2008.
Is ALGEMENE BOUWONDERNEMING DESMET BRAM still active?
Yes, ALGEMENE BOUWONDERNEMING DESMET BRAM is an active enterprise in the KBO register.
How many employees does ALGEMENE BOUWONDERNEMING DESMET BRAM have?
ALGEMENE BOUWONDERNEMING DESMET BRAM had an average of 5.3 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of ALGEMENE BOUWONDERNEMING DESMET BRAM?
The turnover in financial year 2025 is ≈ €770,000. This figure is estimated from the gross margin of €363,387 and 30 comparable companies (NACE 41001). It probably lies between €620,000 and €1.1m.
Is ALGEMENE BOUWONDERNEMING DESMET BRAM profitable?
In financial year 2025, ALGEMENE BOUWONDERNEMING DESMET BRAM made a profit of €2,653.
Where can I find the annual accounts of ALGEMENE BOUWONDERNEMING DESMET BRAM?
ALGEMENE BOUWONDERNEMING DESMET BRAM filed 17 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts at the National Bank
When are the next annual accounts of ALGEMENE BOUWONDERNEMING DESMET BRAM due?
ALGEMENE BOUWONDERNEMING DESMET BRAM must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

Comparable companies

These companies have the same main activity as ALGEMENE BOUWONDERNEMING DESMET BRAM: general construction of residential buildings (NACE 41001). They are comparable in size and age: total assets between €535,000 and €969,000, founded between 2006 and 2009.

CompanyTotal assetsGross margin
ALGEMENE BOUWONDERNEMING DESMET BRAM Izegem€712,528€363,387
BART DECORTE Dentergem€627,617€378,215
BOUWONDERNEMING ROEL WESTHOF Zonhoven€736,146€309,221
Qualibuild Lichtervelde€924,893€497,627
DV Bouwconstruct Avelgem€534,536€372,072
TDL PROJECTS Damme€744,588€523,293
VANALLEMEERSCH Hooglede€968,721€518,150
Full comparison

Next steps

Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can trust this company with building work.Contractor check Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check See which support similar companies received that this one did not.Subsidies

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