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BR-SERVICE

Active
Private limited companyfounded 2013active for 12 yearsCollegelaan 8, 3600 Genk, BelgiumKBO/BCE: BE 0542.636.806
Summary

The computed 12-month bankruptcy probability of BR-SERVICE is 5.8% (elevated). The 2024 annual accounts show equity of €9,290 and a net result of €1,602. Equity is growing by about 60% per year across the filed financial years. Its solvency ranks better than 10% of 7,406 sector peers (NACE 43, financial year 2024). The company has been active since 2013 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
Joinery installation
NACE 43320
1 site
Size
€92,842total assets 2024
Equity
€9,290
Profit
€1,602
Turnover not published (abbreviated or micro format)
Financial health
34 Weak Checked score 2024
Bankruptcy probabilitywithin 12 months
5.8%
Structure
Accounts filed 31 days late1 of 5 deeds read
Why 34raises riskFigures for financial year 2024 (filed 01-09-2025)1 change of registered office in 24 months1 financial year not filed after the legal deadline; latest accounts 31 days late; 1 of the last 3 latelowers riskSize: total assets €92,842Show the evidence

Checked score

Score 2024
34 / 100
Weak
Probability in this band: 4.2% to 15.0%
Financially better than 18% of its sector peers (NACE 43, micro)
Financial strength · tick = 2022
Weak
Solvency 35-1
equity 10.0% of total assets
Liquidity 23+6
short-term debt 60.4% · cash 3.6%
Profitability 58+12
return on assets 1.7%
Bankruptcy probability, 12 months
5.8% Elevated
0%0.5%1.5%4%10%≥ 25%

About 6 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,546 companies, NACE 43, micro)
Last 24 months 11-2024: 5.2% 12-2024: 5.5%▲ +0.3 percentage points vs 11-2024 01-2025: 5.0%▼ -0.5 percentage points vs 12-2024 02-2025: 5.0%● unchanged vs 01-2025 03-2025: 5.0%● unchanged vs 02-2025 04-2025: 6.3%▲ +1.3 percentage points vs 03-2025 05-2025: 8.2%▲ +1.9 percentage points vs 04-2025highest value 06-2025: 8.2%● unchanged vs 05-2025highest value 07-2025: 8.2%● unchanged vs 06-2025highest value 08-2025: 7.9%▼ -0.3 percentage points vs 07-2025 09-2025: 6.9%▼ -1.0 percentage point vs 08-2025 10-2025: 0.9%▼ -6.0 percentage points vs 09-2025 11-2025: 0.9%● unchanged vs 10-2025 12-2025: 0.9%● unchanged vs 11-2025 01-2026: 0.9%● unchanged vs 12-2025 02-2026: 0.9%● unchanged vs 01-2026 03-2026: 0.9%● unchanged vs 02-2026 04-2026: 0.9%● unchanged vs 03-2026 05-2026: 0.9%● unchanged vs 04-2026 06-2026: 0.8%▼ -0.1 percentage points vs 05-2026lowest value 07-2026: 0.9%▲ +0.1 percentage points vs 06-2026 08-2026: 1.4%▲ +0.5 percentage points vs 07-2026 09-2026: 1.6%▲ +0.2 percentage points vs 08-2026 10-2026: 5.8%▲ +4.2 percentage points vs 09-2026
No publishable credit limit; credit only on tighter terms
Liquidity insufficient (current ratio 0.94, compared with 1.09 in 2022, below 1; short-term debt: 60.4% and cash: 3.6% of total assets), and 90% 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 43, micro): better than 14% on solvency, 13% on liquidity and 27% on profitability.

The bankruptcy probability was computed on 14-10-2026 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 riskraises riskneutral
raises risk · Figures for financial year 2024 (filed 01-09-2025)
NBB · annual accounts
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
lowers risk · Size: total assets €92,842
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · 1 financial year not filed after the legal deadline; latest accounts 31 days late; 1 of the last 3 late
NBB · filings
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 10% of 7406 sector peers (2024).
NBB · sector comparison
Position among 7406 sector peers
Solvency
better than 10%
← weakest strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 31-08-2025, 31 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2024
31 days late
2022
55 days early
2021
3 days early
2020
165 days early
2019
70 days early
2018
55 days early
2017
39 days early
← 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 51 days before the deadline; the sector median (NACE 43) for financial year 2024 is 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Registered officeRegistered-office move
  2. Annual accounts filedfinancial year 2024 · abbreviated…
  3. Annual accounts filedfinancial year 2022 · abbreviated…

Key points

  • Caution: Among the weakest 7% on equitysector median €344,043 · 7,407 companies €9,290 View
  • Total assets 20245 financial years filed €92,842 View
  • Active since 2013founded 02-12-2013 12 years View

By topic

Financials

Financial year
2024
Total assets
€92,842
Profit
€1,602
Solvency
10.0%
Total assets▲ 262%
Net result
20192024
Go to Financials

Timeline

Events
13
Since
2015
  1. 27-04-2022Annual accounts filed
  2. 30-09-2021Highest result from 2019 to 2024
  3. 16-11-2020Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Joinery installationNACE 43320
Founded
02-12-2013
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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