BR Solutions
ActiveSummary
BR Solutions has been active since 1999 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €186,325 and a net result of €16,591. Equity remains stable across the filed fiscal years (±2.2% per year). Its solvency ranks better than 66% of 17179 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability77▲+41
Solvency99▲+5
Growth58▲+26
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €15,000 at 30 days acceptable
Liquidity ample (current ratio 2.3 against 2.37 in 2024; short-term debt: 17.4% and cash: 16% of total assets), and 26% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Computer programming, consultancy and related activities (NACE 62)
about 64% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
74%
Return on assets
6.6%
Age of the figures
12 mo
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 02-04-2026, 28 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
28 d early
2024
33 d early
2023
32 d early
2022
33 d early
2021
23 d early
2020
35 d early
2019
34 d 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 31 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 33% of the sector filed late.
Checked, nothing found (2)
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.
Companies Code · seven monthsPosition in the running window
27-09-2026 today30-09-2026 close30-04-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€186,325▲ 0.4%
2024 · €185,525
Total assets
€251,959▼ 5.7%
2024 · €267,229
Net result
€16,591
2024 · -€20,390
Working capital
€57,254▲ 2.5%
2024 · €55,872
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 62, Computer programming, consultancy and related activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€26,227▼ 40.2%€25,992▼ 0.9%€21,814▼ 16.1%-€16,363€24,386
Net result€15,083within the sector's middle half▼ 47.7%€14,398within the sector's middle half▼ 4.5%€12,183within the sector's middle half▼ 15.4%-€20,390below the sector's middle half€16,591within the sector's middle half
Equity€226,878above the sector's middle half▼ 1.0%€201,732above the sector's middle half▼ 11.1%€213,915above the sector's middle half▲ 6.0%€185,525above the sector's middle half▼ 13.3%€186,325above the sector's middle half▲ 0.4%
Total assets€367,110above the sector's middle half▼ 8.7%€344,758above the sector's middle half▼ 6.1%€288,181above the sector's middle half▼ 16.4%€267,229within the sector's middle half▼ 7.3%€251,959within the sector's middle half▼ 5.7%
Debt€140,232▼ 18.9%€143,026▲ 2.0%€74,266▼ 48.1%€81,704▲ 10.0%€65,634▼ 19.7%
Working capital€42,803▼ 33.2%€19,790▼ 53.8%€36,156▲ 82.7%€55,872▲ 54.5%€57,254▲ 2.5%
Solvency61.8%within the sector's middle half▲ 4.8pp58.5%within the sector's middle half▼ 3.3pp74.2%within the sector's middle half▲ 15.7pp69.4%within the sector's middle half▼ 4.8pp74.0%within the sector's middle half▲ 4.5pp
above
within
below
the middle half (P25 to P75) of NACE 62, Computer programming, consultancy and related activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €24,386 after a loss of €16,363 in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €251,959
Fixed assets
€150,769 ▼ 11.6%
Current assets
€101,191 ▲ 4.7%
Equity and liabilities €251,959
Equity
€186,325 ▲ 0.4%
Debt
€65,634 ▼ 19.7%
Debt's share of the balance-sheet total falls from 30.6% to 26.0%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€51,556▲
2024 · €12,376
Cash flow
€43,761▲
2024 · €8,349
Current ratio
2.30▼
2024 · 2.37
Debt to equity
0.35▼
2024 · 0.44
ROE
8.9%▲
2024 · -11.0%
ROA
6.6%▲
2024 · -7.6%
Interest coverage
20.74▲
2024 · 3.16
Debt ≤ 1 year
€43,937▲
2024 · €40,815
Debt > 1 year
€21,521▼
2024 · €40,713
Income taxes
€5,363▲
2024 · €159
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 31,324 companies that looked in July 2024 the way this one looks now, 0.4% went bankrupt within 24 months and 93% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.4%
went bankrupt
5.9%
stopped otherwise
93%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.1% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 31,324 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €33,821 | €33,519 | €33,551 | €28,739 | €27,170 | ▼ 5.5% |
| Other operating charges640/8 | €3,016 | €3,229 | €3,416 | €3,276 | €3,014 | ▼ 8.0% |
| Non-recurring operating charges66A | - | - | €45 | €9,060 | €218 | ▼ 97.6% |
| Gross operating margin9900 | €63,064 | €62,740 | €58,826 | €24,712 | €54,789 | ▲ 122% |
| Operating profit (loss)9901 | €26,227 | €25,992 | €21,814 | -€16,363 | €24,386 | ▲ 249% |
| Financial income75/76B | €2 | - | €183 | €54 | €54 | ▼ 0.5% |
| Recurring financial income75 | €2 | - | €183 | €54 | €54 | ▼ 0.5% |
| Financial charges65/66B | €5,079 | €3,746 | €2,980 | €3,922 | €2,486 | ▼ 36.6% |
| Recurring financial charges65 | €5,079 | €3,746 | €2,980 | €3,922 | €2,486 | ▼ 36.6% |
| Profit (loss) for the period before taxes9903 | €21,150 | €22,246 | €19,017 | -€20,231 | €21,954 | ▲ 209% |
| Income taxes67/77 | €6,067 | €7,848 | €6,834 | €159 | €5,363 | ▲ 3,273% |
| Profit (loss) for the period9904 | €15,083 | €14,398 | €12,183 | -€20,390 | €16,591 | ▲ 181% |
| Profit (loss) for the period to be appropriated9905 | €15,083 | €14,398 | €12,183 | -€20,390 | €16,591 | ▲ 181% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €367,110 | €344,758 | €288,181 | €267,229 | €251,959 | ▼ 5.7% |
| Fixed assets21/28 | €262,546 | €230,124 | €199,554 | €170,542 | €150,769 | ▼ 11.6% |
| Tangible fixed assets22/27 | €262,546 | €230,124 | €199,554 | €170,542 | €150,769 | ▼ 11.6% |
| Land and buildings22 | €198,592 | €179,818 | €161,045 | €142,270 | €123,497 | ▼ 13.2% |
| Plant, machinery and equipment23 | €43,738 | €35,627 | €28,690 | €23,024 | €24,193 | ▲ 5.1% |
| Furniture and vehicles24 | €1,382 | €1,029 | €1,354 | €5,248 | €3,078 | ▼ 41.3% |
| Leasing and similar rights25 | €18,834 | €13,650 | €8,465 | - | - | - |
| Current assets29/58 | €104,564 | €114,634 | €88,627 | €96,687 | €101,191 | ▲ 4.7% |
| Amounts receivable after more than one year29 | €24,719 | €30,470 | €30,969 | €32,269 | €32,269 | = |
| Other amounts receivable291 | €24,719 | €30,470 | €30,969 | €32,269 | €32,269 | = |
| Amounts receivable within one year40/41 | €50,518 | €51,423 | €23,532 | €22,590 | €27,596 | ▲ 22.2% |
| Trade receivables40 | €21,974 | €36,505 | €20,279 | €20,649 | €21,614 | ▲ 4.7% |
| Other amounts receivable41 | €28,544 | €14,918 | €3,253 | €1,941 | €5,983 | ▲ 208% |
| Cash at bank and in hand54/58 | €28,327 | €31,741 | €33,126 | €32,828 | €40,325 | ▲ 22.8% |
| Deferred charges and accrued income490/1 | €1,000 | €1,000 | €1,000 | €9,000 | €1,000 | ▼ 88.9% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €367,110 | €344,758 | €288,181 | €267,229 | €251,959 | ▼ 5.7% |
| Equity10/15 | €226,878 | €201,732 | €213,915 | €185,525 | €186,325 | ▲ 0.4% |
| Contributions10/11 | €12,400 | €12,400 | €12,400 | €12,400 | €12,400 | = |
| Reserves13 | €214,118 | €188,972 | €201,155 | €193,155 | €173,925 | ▼ 10.0% |
| Non-distributable reserves130/1 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Tax-exempt reserves132 | €18,000 | €18,000 | €18,000 | €18,000 | €18,000 | = |
| Distributable reserves133 | €194,258 | €169,112 | €181,295 | €173,295 | €154,065 | ▼ 11.1% |
| Profit (loss) carried forward14 | €360 | €360 | €360 | -€20,030 | €0 | ▲ 100% |
| Amounts payable17/49 | €140,232 | €143,026 | €74,266 | €81,704 | €65,634 | ▼ 19.7% |
| Amounts payable after more than one year17 | €78,124 | €47,891 | €21,562 | €40,713 | €21,521 | ▼ 47.1% |
| Financial debts170/4 | €78,124 | €47,891 | €21,562 | €40,713 | €21,521 | ▼ 47.1% |
| Amounts payable within one year42/48 | €61,761 | €94,844 | €52,471 | €40,815 | €43,937 | ▲ 7.6% |
| Current portion of amounts payable after more than one year42 | €32,918 | €34,677 | €30,867 | €23,133 | €19,192 | ▼ 17.0% |
| Financial debts43 | €890 | €8,408 | €701 | - | - | - |
| Credit institutions430/8 | €890 | €8,408 | €701 | - | - | - |
| Trade debts44 | €9,399 | €8,476 | €3,840 | €3,624 | €7,450 | ▲ 106% |
| Suppliers440/4 | €9,399 | €8,476 | €3,840 | €3,624 | €7,450 | ▲ 106% |
| Taxes, remuneration and social security45 | €2,125 | €5,716 | €1,150 | €4,801 | €2,294 | ▼ 52.2% |
| Taxes450/3 | €2,125 | €5,716 | €1,150 | €4,801 | €2,294 | ▼ 52.2% |
| Other amounts payable47/48 | €16,429 | €37,567 | €15,913 | €9,257 | €15,001 | ▲ 62.0% |
| Accrued charges and deferred income492/3 | €347 | €291 | €233 | €176 | €176 | = |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €15,083 | €14,398 | €12,183 | -€20,390 | €16,591 | ▲ 181% |
| + Depreciation and write-downs630 | €33,821 | €33,519 | €33,551 | €28,739 | €27,170 | ▼ 5.5% |
| Operating cash flow (approximation) | €48,904 | €47,917 | €45,734 | €8,349 | €43,761 | ▲ 424% |
| Investment in fixed assets (approximation) | - | -€1,097 | -€2,981 | €273 | -€7,397 | ▼ 2,809% |
| Change in cash | - | €3,414 | €1,385 | -€298 | €7,497 | ▲ 2,616% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
02-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-09
Financial
Back to profitnet €16,591
Net result €16,591 after one loss-making year.
28-03
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-09
Financial
Weakest financial yearnet -€20,390
Net result drops to -€20,390, the lowest in the series; recovery starts the following year.
29-03
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
28-03
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
07-04
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
26-03
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-09
Financial
Highest result since 2018net €28,836 ▲96.4%
Operating result €43,863, net result €28,836, both a record.
27-03
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
08-04
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
23-03
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
27-03
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
About the unread acts
We know of 6 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
6 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, Brugge · 1 establishment unit since 1999
Ground area
1,308 m²
Building footprint
249 m²
Volume, LiDAR
1,274 m³
2 parcels, Flanders · tallest building 10.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
BR SOLUTIONS
since 19992.092.756.291
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31033A0675/00Y003 | Flanders | 958 m² | 1 · 172 m² | 8.8 m · 1 fl. |
| 31512B0535/00P005 | Flanders | 350 m² | 1 · 77 m² | 10.9 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 16,911 companies in sector 62100 we hold annual accounts for 8,778. 6,699 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded05-10-1999
Fiscal year end30-09
Activities, NACEBEL 2025
62100Computer programming
56112Limited-service restaurants, excluding mobile food services
E-invoicing
Reachable via Peppol
Peppol ID
0208:0466977103
Also
9925:BE0466977103
Registered
07-01-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.