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B & R

Active
Public limited companyfounded 199729 years 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 5,669 sector peers (NACE 68, fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

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
Standalone figures, without subsidiaries
Financial health
88 Excellent Checked score 2025
Bankruptcy probability, 12 months
0.2%
Structure
Board
2 members
Holdings
29
Auditor: Groupe Audit BelgiumAccounts 21 days 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%
Financially better than 46% of its sector peers (NACE 68, small)
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% (6,961 companies)
Last 24 months 11-2024: 0.7% 12-2024: 0.7%● unchanged vs 11-2024 01-2025: 0.7%● unchanged vs 12-2024 02-2025: 0.7%● unchanged vs 01-2025 03-2025: 0.7%● unchanged vs 02-2025 04-2025: 0.7%● unchanged vs 03-2025 05-2025: 0.8%▲ +0.1 percentage points vs 04-2025 06-2025: 0.8%● unchanged vs 05-2025 07-2025: 0.8%● unchanged vs 06-2025 08-2025: 1.1%▲ +0.3 percentage points vs 07-2025highest value 09-2025: 0.3%▼ -0.8 percentage points vs 08-2025 10-2025: 0.3%● unchanged vs 09-2025 11-2025: 0.3%● unchanged vs 10-2025 12-2025: 0.3%● unchanged vs 11-2025 01-2026: 0.3%● unchanged vs 12-2025 02-2026: 0.2%▼ -0.1 percentage points vs 01-2026 03-2026: 0.2%● unchanged vs 02-2026 04-2026: 0.3%▲ +0.1 percentage points vs 03-2026 05-2026: 0.3%● unchanged vs 04-2026 06-2026: 0.3%● unchanged vs 05-2026 07-2026: 0.3%● unchanged vs 06-2026 08-2026: 0.2%▼ -0.1 percentage points vs 07-2026lowest value 09-2026: 0.2%● unchanged vs 08-2026lowest value 10-2026: 0.2%● unchanged vs 09-2026
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 follows from the bankruptcy probability, on a scale where 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 68, small): better than 50% on solvency, 15% on liquidity, 53% on profitability and 64% on growth.

The bankruptcy probability was computed on 06-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
−lowers risk+raises risk○neutral
raises risk · Liquidity: current ratio 0.59, cash €434,246
NBB · annual accounts
lowers risk · Founded in 1997
How long the company has existed counts in the probability; how much depends on the rest of its profile.
KBO
lowers risk · Legal form Public limited company
KBO
raises risk · Profit of €661,767 (FY 2025)
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 days early
2024
14 days late
2023
7 days early
2022
21 days early
2021
18 days 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
07-10-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Checked from 2021 on.
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
20
Mergers and contributions
11

29 holdings

Go to Network & group

Timeline

Events
51
Since
2006
Next accounts
by 31-07-2027
  1. 31-12-2025Back to profit
  2. 14-08-2025Annual accounts filed
  3. 14-08-2025Annual accounts filed
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

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