Turnover
The micro format states no turnover.
The micro format states no turnover.
New director. Latest change 01-03-2026 · 2 in office.
Lower solvency than 81% of companies in employment activities. Sector median 49.4% · 981 companies.
The dashed line is the sector median: 0.3% across 1,376 companies (NACE 78, micro).
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
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 78, micro). It does better than 22% of them on solvency, 1% on liquidity and 33% on profitability.
The bankruptcy probability was computed on 04-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the moderate class on 30-06-2025, 2.4% went bankrupt within twelve months.
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).
In July 2024, 2,157 companies had the same profile as BCS Brugge has now. Each dot stands for 6 companies, two years later.
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of BCS Brugge itself: 2.4% within 12 months.
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 2,157 companies, not a prediction for BCS Brugge. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Liquidity is tight, with a current ratio of 1.07, below the usual 1.5. Short-term debt is 93.1% of total assets. 93.1% of the assets are financed with debt and provisions.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
| Company | Total assets | Gross margin | Solvency | Staff |
|---|---|---|---|---|
| BCS Brugge Bruges | €177,310 | €172,631 | 6.9% | - |
| IveM Ghent | €187,381 | €130,423 | 50.4% | - |
| Pure HR Halle | €201,290 | €125,902 | 80.0% | - |
| HRDX Steenokkerzeel | €220,475 | €134,429 | 71.7% | - |
| Power Interim Antwerp | €212,153 | €246,038 | 7.9% | - |
| 4U2 Genk | €169,481 | €189,707 | -23.2% | - |
| LDI 2 connect Destelbergen | €145,694 | €92,612 | 73.0% | - |
These companies have the same main activity as BCS Brugge: temporary employment agencies and other provision of personnel (NACE 78200). They are comparable in size and age: total assets between €146,000 and €220,000, founded between 2023 and 2024.
The computed 12-month bankruptcy probability of BCS Brugge is 2.4% (moderate). The 2025 annual accounts show equity of €12,196 and a net result of €11,196.
Its solvency ranks better than 19% of 981 sector peers (NACE 78, financial year 2025). The company has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
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