B & R

Active

Public limited companyfounded 1997active for 29 yearsHoge Mauw 1510, 2370 Arendonk, Belgium32 active companies are registered at this addressKBO/BCE: BE 0461.486.210

Summary

B & R has been active since 1997 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €40.0m and a net result of €661,767, of which €2.1m non-recurring income. Equity is growing by about 12% per year across the filed financial years. Its solvency ranks better than 43% of 5,763 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Risk analysisFollow Report Compare

B & RActiveChecked score 88/100

Risk analysis Report Compare

Activity

Renting and operating of own or leased non-residential real estate, excluding land

NACE 68203Activities of head offices NACE 70100

Largest 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 probabilitywithin 12 months: 0.2%

Structure

Holdings: 29

EB Management BVBAChair · permanent representative Eddy Bruyninckx
LEFICOChair · permanent representative Filip Van Camfort
SYNEPEIADirector · permanent representative Camille De Bruyn

Auditor: Groupe Audit Belgium2025 accounts 21 days early

Why 88raises riskLiquidity: current ratio 0.59, cash €434,246Profit of €661,767 (financial year 2025)lowers riskFounded in 1997Legal 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)

Every signal that counts is listed 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% (6,982 companies, NACE 68, small)

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 of up to €1,550,000 on 30-day terms is acceptable

Liquidity insufficient (current ratio 0.59, compared with 0.55 in 2024, below 1; short-term debt: 61.8% and cash: 0.3% of total assets), and 69.8% of the assets are financed with debt and provisions.

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, 14% on liquidity, 53% on profitability and 64% on growth.

The bankruptcy probability was computed on 23-10-2026 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 riskraises riskneutral

Liquidity: current ratio 0.59, cash €434,246

NBB · annual accounts

Founded in 1997

Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.

KBO

Legal form: public limited company

KBO

Profit of €661,767 (financial year 2025)

NBB · annual accounts

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 (NACE 68) for financial year 2024 is 7 days before the deadline, and 36% of those companies filed late.

Searched, nothing found (2)

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 13 July (4 of the last 5 filed years within 30 days of that day).

Companies Code · seven months

Where today falls in the filing period

24-10-2026 today31-12-2026 year end31-07-2027 deadline

No strike-offs in the KBO publications

Searched since 2021.

KBO publications · our coverage

07-08-2026 Annual accounts filedfinancial year 2025 · consolidated
10-07-2026 Annual accounts filedfinancial year 2025 · full…
09-02-2026 Resignations: Lefico BV, Komart Beheer BV…Appointments: Lefico BV (director) and…

Key points

Positive: Back in profit in 2025after -€2.6m in 2024 €661,767 View
Positive: Largest company by total assets in Arendonk, Real estate sectorin the Checked rankings No. 1 View
Heads a groupcompanies controlled 17 View
Board changedlatest change 21-01-2026 · 3 in office 2 joined · 1 left View
Positive: 4 years of growth in a rowturnover 2025: €15.6m 4 years View

By topic

Financials

Financial year: 2025
Turnover: €15.6m
Profit: €661,767
Solvency: 30.2%

Turnover▲ 13.0%

Net result

20182025

Go to Financials

Board & ownership

Board: 3 members
Auditor: Groupe Audit Belgium

EB Management BVBAChair
LEFICOChair
SYNEPEIADirector

Go to Board & ownership

Network & group

Subsidiaries, all levels: 17
Direct holdings: 29
Connected companies: 31
Mergers and asset contributions: 11

29 holdings

Go to Network & group

Timeline

Events: 91
Since: 1999
Next accounts: by 31-07-2027

31-12-2025Back to profit
14-08-2025Annual accounts filed
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: 3

Purpose: “Onderneming voor fabricatie van producten uit asbestcement en cementagglomeraten…” (deed in Dutch)

Go to Articles of association

Key facts about B & R

What is the company number of B & R?: 0461.486.210. In Belgium the VAT number is the company number with BE in front: BE 0461.486.210.
Where is B & R based?: The registered office is at Hoge Mauw 1510, 2370 Arendonk.Company details
What does B & R do?: According to the KBO register, the main activity is renting and operating of own or leased non-residential real estate, excluding land (NACE 68203).
What is the legal form of B & R?: Public limited company (NV).
When was B & R founded?: On 19-09-1997.
Is B & R still active?: Yes, B & R is an active enterprise in the KBO register.
How many employees does B & R have?: On average 47.4 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of B & R?: €15.6m in financial year 2025, according to the filed annual accounts.
Is B & R profitable?: In financial year 2025, B & R made a profit of €661,767.
Where can I find the annual accounts of B & R?: B & R filed 50 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of B & R due?: By 31-07-2027, for financial year 2026.Timeline