BIRÒ BELGIUM
ActiveThe computed 12-month bankruptcy probability of BIRÒ BELGIUM is 5.2% (elevated). The annual accounts of BIRÒ BELGIUM for fiscal year 2024 show a net loss of 136% of total assets and of 147% of the equity at the start of that year. The 2024 annual accounts show equity of €21k and a net result of €-123k. Its solvency ranks better than 27% of 5989 sector peers (fiscal year 2024). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
26
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability0=
Solvency48▼-52
Growth32
Track record94
Bankruptcy probability, 12 months
5.2%
Elevated
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity tight (current ratio 1.09 against 4.44 in 2023; short-term debt: 77.2% and cash: 2.8% of total assets), and 77.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
22.8%
Return on assets
-136.4%
Age of the figures
21 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024Net result per financial year
2324
2023 to 2024 · latest year €-123k
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 26-08-2025, 26 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 2 filingsDeviation from the deadline
2025
not confirmed
2024
26 d late
2023
26 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-123k▼ 116%
2023 · €-57k
2023: €-57k
2023 → 2024
Working capital
€6k▼ 90.9%
2023 · €68k
2023: €68k
2023 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20232024Trend
Equity€83k-€21k▼ 75.3%
Operating result€-57k-€-122k▼ 114%
Net result€-57k-€-123k▼ 116%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €122k in 2024 against €57k in 2023; the loss grows.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €90k
Fixed assets
€14k▼ 5.6%
Current assets
€76k▼ 13.9%
Equity and liabilities €90k
Equity
€21k▼ 75.3%
Debt
€69k▲ 251%
The debt ratio rises from 19.2% to 77.2%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-121k▼
2023 · €-56k
Cash flow
€-122k▼
2023 · €-56k
Solvency
22.8%▼
2023 · 80.8%
Current ratio
1.09▼
2023 · 4.44
Quick ratio
0.69▼
2023 · 2.21
Debt / equity
3.38▲
2023 · 0.24
ROE
-597.7%▼
2023 · -68.3%
ROA
-136.4%▼
2023 · -55.2%
Interest coverage
-129.28▲
2023 · -735.30
Debt
€69k▲
2023 · €20k
Debt ≤ 1 year
€69k▲
2023 · €20k
Staff costs
€55k▲
2023 · €10k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€103k€90k▼
Fixed assets21/28€15k€14k▼
Tangible fixed assets22/27€8k€7k▼
Other tangible fixed assets26€8k€7k▼
Financial fixed assets28€7k€7k=
Current assets29/58€88k€76k▼
Stocks and contracts in progress3€44k€28k▼
Stocks30/36€44k€28k▼
Amounts receivable within one year40/41€22k€45k▲
Trade receivables40€22k€45k▲
Cash at bank and in hand54/58€21k€3k▼
Deferred charges and accrued income490/1€318€225▼
Equity and liabilities
Total equity and liabilities10/49€103k€90k▼
Equity10/15€83k€21k▼
Contributions10/11€140k€200k▲
Profit (loss) carried forward14€-57k€-179k▼
Amounts payable17/49€20k€69k▲
Amounts payable within one year42/48€20k€69k▲
Trade debts44€19k€52k▲
Suppliers440/4€19k€52k▲
Taxes, remuneration and social security45€1k€17k▲
Taxes450/3€1k€2k▲
Remuneration and social security454/9-€15k
Other amounts payable47/48-€386
Income statement
Code20232024
Remuneration, social security and pensions62€10k€55k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€372€848▲
Other operating charges640/8€434€998▲
Gross operating margin9900€-46k€-65k▼
Operating profit (loss)9901€-57k€-122k▼
Financial income75/76B-€0
Recurring financial income75-€0
Financial charges65/66B€77€935▲
Recurring financial charges65€77€935▲
Profit (loss) for the period before taxes9903€-57k€-123k▼
Profit (loss) for the period9904€-57k€-123k▼
Profit (loss) for the period to be appropriated9905€-57k€-123k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-57k€-179k▼
Profit (loss) brought forward from the previous period14P-€-57k
Social balance
Average headcount (FTE)90871.01.0=
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
26-08
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 26 days late
2024
26-08
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 26 days late
NBB filing
Directors · office · real estate
Directors
4 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Elsene · 1 establishment unit since 2023
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Louizalaan 2311050 ElseneGround area
5,672 m²
Building footprint
3,878 m²
Volume, LiDAR
86,391 m³
Parcel 21807G0131/00T000, Brussels · tallest building 45.8 m, ±8 floors. Linked by address, not a title deed.
1 establishment unit
BIRÒ BELGIUM
since 20232.346.449.893
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21807G0131/00T000 | Brussels | 5,672 m² | 1 · 3,878 m² | 45.8 m · 8 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 4,422 companies in sector 46180 we hold annual accounts for 1,886. 1,161 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded25-05-2023
Fiscal year end31-12
Activities, NACEBEL
45112
46180Agents specialised in the wholesale of other particular products
33200Installation of industrial machinery and equipment
35150Electricity, gas, steam and air conditioning supply
47811Retail sale of cars and light vans (up to 3.5 tonnes)
70200Business and other management consultancy
70210Activities of head offices; management consultancy activities
70220Business consulting
73300Public relations and communication consultancy
Sources
Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers
Data from official sources, last processed on 23-09-2026. Scores and ratios are computed by Checked and are not a credit decision.