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B & R

Active
Public limited companyfounded 199729 yrs activeHoge Mauw 1510, 2370 Arendonk, BelgiumKBO/BCE: BE 0461.486.210
Summary

B & R has been active since 1997 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €40.0m and a net result of €661,767. Equity is growing by ~12.3% per year across the filed fiscal years. Its solvency ranks better than 42% of 5662 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Risk analysisWatch ReportCompare
B & RActiveChecked score 88/100
Risk analysis ReportCompare

Overview

Activity
Renting and operating of own or leased non-residential real estate, excluding land
NACE 68203Activities of head offices NACE 70100
#1 company by total assets in Arendonk, Real estate sector1 site
Size
€15.6mturnover 2025
Staff
47.4 FTE
Equity
€40.0m
Profit
€661,767
Financial health
88 Excellent Checked score 2025
Bankruptcy chance 12 m
0.2%
Structure
Board
2 members
Holdings
29
Auditor: Groupe Audit BelgiumAccounts 21 d early
Why 88- Liquidity: current ratio 0.59, cash €434,246- Profit of €661,767 (FY 2025)+ Founded in 1997+ Legal form Public limited companyShow the evidence

Checked score

Score 2025
88 / 100
Excellent
Probability in this band: under 0.55%
Better than 46% of its sector peers (NACE 68, small)
Performance against the sector, not lower risk
Every signal that weighs is under Signals.
Financial strength · tick = 2024
Weak
Solvency 55-1
equity 30.2% of total assets
Liquidity 18+1
short-term debt 61.8% · cash 0.3%
Profitability 54+5
return on assets 0.5%
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (6,963 companies)
Last 24 months 11-2024: 0.7% 12-2024: 0.7%● 0.0% vs 11-2024 01-2025: 0.7%● 0.0% vs 12-2024 02-2025: 0.7%▼ -3.5% vs 01-2025 03-2025: 0.7%▲ +1.7% vs 02-2025 04-2025: 0.7%▲ +5.9% vs 03-2025 05-2025: 0.8%▲ +2.8% vs 04-2025 06-2025: 0.8%▼ -1.7% vs 05-2025 07-2025: 0.8%▲ +10.4% vs 06-2025 08-2025: 1.1%▲ +34.4% vs 07-2025highest value 09-2025: 0.3%▼ -74.6% vs 08-2025 10-2025: 0.3%▼ -3.5% vs 09-2025 11-2025: 0.3%● 0.0% vs 10-2025 12-2025: 0.3%● 0.0% vs 11-2025 01-2026: 0.3%● 0.0% vs 12-2025 02-2026: 0.2%▼ -13.8% vs 01-2026 03-2026: 0.2%▲ +2.1% vs 02-2026 04-2026: 0.3%▲ +6.6% vs 03-2026 05-2026: 0.3%▲ +3.5% vs 04-2026 06-2026: 0.3%▲ +2.2% vs 05-2026 07-2026: 0.3%▲ +0.7% vs 06-2026 08-2026: 0.2%▼ -26.1% vs 07-2026lowest value 09-2026: 0.2%● 0.0% vs 08-2026lowest value 10-2026: 0.2%▲ +4.9% vs 09-2026
  • Liquidity: current ratio 0.59, cash €434,246 raises the probability
  • Founded in 1997 lowers the probability for this profile
  • Legal form Public limited company lowers the probability
  • Profit of €661,767 (FY 2025) raises the probability
Credit up to €1,550,000 at 30 days acceptable
Liquidity short (current ratio 0.59 against 0.55 in 2024; short-term debt: 61.8% and cash: 0.3% of total assets), and 69.8% of the assets are financed with debt.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

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%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 68, small). Better than this share of them on solvency 50%, liquidity 15%, profitability 53%, growth against the median 64%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 04-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Liquidity: current ratio 0.59, cash €434,246
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
lowers risk · Founded in 1997
In the bankruptcy model this factor lowers the probability for this profile.
KBO
lowers risk · Legal form Public limited company
In the bankruptcy model this factor lowers the probability.
KBO
raises risk · Profit of €661,767 (FY 2025)
In the bankruptcy model this factor raises the probability.
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 10-07-2026, 21 days ahead of the deadline.
NBB · 5 filings
Deviation from the deadline
2025
21 d early
2024
14 d late
2023
7 d early
2022
21 d early
2021
18 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 5 accounts on average 11 days before the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 13 July (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
05-10-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2025 · consolidated
  2. Annual accounts filedfiscal year 2025 · full…
  3. Resignations: Lefico BV, Komart Beheer BV…Appointments: Lefico BV (non-statutory director)…

Key points

  • Positive: Back in profit in 2025after -€2.6m in 2024 €661,767 View
  • Positive: Company by total assets in Arendonk, Real estate…in the Checked rankings #1 View
  • Heads a groupcompanies controlled 17 View
  • Board changedlatest change 21-01-2026 · 2 in office 2 joined · 1 left View
  • Positive: 4 years of growth in a rowturnover 2025: €15.6m 4 years View

By topic

Financials

Fiscal year
2025
Turnover
€15.6m
Profit
€661,767
Solvency
30.2%
Turnover▲ 13.0%
Net result
20182025
Go to Financials

Network & group

Subsidiaries
17
Holdings
29
Connected companies
19
Mergers and contributions
11

29 holdings

Go to Network & group

Timeline

Events
51
Since
2006
Next accounts
by 31-07-2027
  1. 07-08-2026Annual accounts filed
  2. 10-07-2026Annual accounts filed
  3. 09-02-2026Resignations: Lefico BV, Komart Beheer BV and…
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Renting and operating of own or leased non-residential…NACE 68203
Founded
19-09-1997
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
2
Purpose
Onderneming voor fabricatie van producten uit asbestcement en cementagglomeraten…
Go to Articles of association

Go further with this company

How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Is the workforce growing, and do people stay?Employer check Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check What other support did companies like this one receive, and it did not?Subsidies

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