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B.R.T.

Active
Public limited companyfounded 200224 years activeRijksweg(M) 555, 3630 Maasmechelen, BelgiumKBO/BCE: BE 0478.068.260
Summary

B.R.T. has been active since 2002 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 2 administrative register entries (see administrative flags). The 2025 annual accounts show equity of €21.1m and a net result of €2.6m. Equity is growing by ~6.2% per year across the filed fiscal years. Its solvency ranks better than 90% of 144 sector peers (NACE 24, fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Overview

Activity
Manufacture of basic metals
NACE 24200Coating of metals NACE 25510
#2 company by equity in Maasmechelen, Manufacturing sector1 site
Size
€32.3mturnover 2025
Staff
40.6 FTE
Equity
€21.1m
Profit
€2.6m
Financial health
91 Excellent Checked score 2025
Bankruptcy probability, 12 months
0.2%
Structure
Parent
TELESCO · 99.86%
Accounts 30 days early0 of 11 deeds read
Why 91- 1 of the last 3 late- Liquidity: current ratio 6.72, cash €618,138- Sector Manufacture of basic metals (NACE 24)+ Founded in 2002Show the evidence

Checked score

Score 2025
91 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 70% of its sector peers (NACE 24, small)
Financial strength · tick = 2024
Strong
Solvency 100=
equity 88.1% of total assets
Liquidity 52+1
short-term debt 11.4% · cash 2.6%
Profitability 80+9
return on assets 10.8%
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 0.3% (74 companies)
Last 24 months 11-2024: 0.2% 12-2024: 0.2%● unchanged vs 11-2024 01-2025: 0.2%● unchanged vs 12-2024 02-2025: 0.2%● unchanged vs 01-2025lowest value 03-2025: 0.2%● unchanged vs 02-2025 04-2025: 0.2%● unchanged vs 03-2025 05-2025: 0.6%▲ +0.4 percentage points vs 04-2025highest value 06-2025: 0.6%● unchanged vs 05-2025highest value 07-2025: 0.6%● unchanged vs 06-2025highest value 08-2025: 0.6%● unchanged vs 07-2025highest value 09-2025: 0.6%● unchanged vs 08-2025highest value 10-2025: 0.6%● unchanged vs 09-2025highest value 11-2025: 0.6%● unchanged vs 10-2025highest value 12-2025: 0.6%● unchanged vs 11-2025highest value 01-2026: 0.5%▼ -0.1 percentage points vs 12-2025 02-2026: 0.5%● unchanged vs 01-2026 03-2026: 0.6%▲ +0.1 percentage points vs 02-2026 04-2026: 0.2%▼ -0.4 percentage points vs 03-2026 05-2026: 0.2%● unchanged vs 04-2026 06-2026: 0.2%● unchanged vs 05-2026 07-2026: 0.2%● unchanged vs 06-2026 08-2026: 0.2%● unchanged vs 07-2026 09-2026: 0.2%● unchanged vs 08-2026 10-2026: 0.2%● unchanged vs 09-2026
Credit up to €1,900,000 at 30 days acceptable
Liquidity ample (current ratio 6.72 against 5.12 in 2024; short-term debt: 11.4% and cash: 2.6% of total assets), and 11.9% 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 24, small): better than 92% on solvency, 72% on liquidity, 75% on profitability and 42% 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

Six signals.
−lowers risk+raises risk○neutral
lowers risk · Founded in 2002
How long the company has existed counts in the probability; how much depends on the rest of its profile.
KBO
raises risk · 1 of the last 3 late
NBB · filings
raises risk · Liquidity: current ratio 6.72, cash €618,138
NBB · annual accounts
raises risk · Sector Manufacture of basic metals (NACE 24)
KBO
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 31-03-2026, 30 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
30 days early
2024
230 days late
2023
12 days early
2022
354 days late
2021
719 days late
2020
208 days late
2019
543 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 287 days after the deadline; the sector median for financial year 2024 is 16 days before the deadline, and 29% of the sector filed late.

raises risk · Administrative warnings in the KBO publications
2 publications by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or their withdrawal.
KBO publications
Publications
Strikeout withdrawalStrikeout initial
Checked, nothing found (1)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today. Usually files around 16 December (4 of the last 5 filed years within 260 days of that day).
Companies Code · seven months
Position in the running window
30-09-2026 close07-10-2026 today30-04-2027 deadline
  1. Annual accounts filedfiscal year 2025 · full…
  2. Annual accounts filedfiscal year 2024 · full…
  3. Annual accounts filedfiscal year 2023 · full…

Key points

  • Positive: Company by equity in Maasmechelen, Manufacturing sectorin the Checked rankings #2 View
  • Positive: Result rose in 2025from €1.7m to €2.6m ▲ 49.9% View
  • Controlled by TELESCO 99.86% View
  • Positive: 7 profitable years in a rowprofit 2025: €2.6m 7 years View

By topic

Financials

Fiscal year
2025
Turnover
€32.3m
Profit
€2.6m
Solvency
88.1%
Turnover▼ 1.8%
Net result
20192025
Go to Financials

Timeline

Events
13
Since
2020
Next accounts
by 30-04-2027
  1. 18-04-2024Annual accounts filed
  2. 18-04-2024Annual accounts filed
  3. 10-12-2021Strikeout withdrawal
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Manufacture of basic metalsNACE 24200
Founded
24-07-2002
Year ends
30-09
Peppol
Reachable for e-invoices
Go to Company details

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