BR38
The computed 12-month bankruptcy probability of BR38 is 0.7% (low). The 2024 annual accounts show equity of €167k and a net result of €18k. Equity is growing by ~7.3% per year across the filed fiscal years. Its solvency ranks better than 47% of 4950 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €167k |
| Net result | €18k |
| Better than sector | 47% |
| Active | 5 yrs |
Mixed profile: strong on stability, weaker on solvency.
All 5 axes are computed from data Checked has read.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
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The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 13.9% | 16.7% | |
| Net result | €18k | €2k | |
| Equity | €167k | €27k | |
| Gross operating margin | €71k | €27k | |
| Total assets | €1.19M | €302k |
| Fiscal year | 2024 |
|---|---|
| Deposit | micro |
| Revenue | - |
| EBITDA | €66k |
| Net profit | €18k |
| Cash flow | €48k |
| Staff costs | - |
| Income taxes | - |
| Dividends | - |
| Total assets | €1.19M |
| Equity | €167k |
| Debt | €1.03M |
| of which ≤ 1y | €98k |
| of which > 1y | €931k |
| Working capital | €-83k |
| Employees (FTE) | - |
| 2024 | |
|---|---|
| Current ratio | 0.15 |
| Quick ratio | 0.15 |
| Working capital ratio | -7.0% |
| Solvency | 13.9% |
| Debt / equity | 6.17 |
| Long-term debt ratio | 5.59 |
| Interest coverage | 3.75 |
| Gross margin | - |
| Net margin | - |
| ROA | 1.5% |
| ROE | 10.7% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €1.19M |
| Fixed assets | 21/28 | €1.18M |
| Tangible fixed assets | 22/27 | €1.18M |
| Current assets | 29/58 | €14k |
| Amounts receivable within one year | 40/41 | €14k |
| Cash & bank | 54/58 | €562 |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €1.19M |
| Equity | 10/15 | €167k |
| Contributions / capital | 10/11 | €250k |
| Accumulated profits (losses) | 14 | €-83k |
| Amounts payable | 17/49 | €1.03M |
| Amounts payable after one year | 17 | €931k |
| Amounts payable within one year | 42/48 | €98k |
| Trade debts payable within one year | 44 | €85 |
| Income statement | ||
| Gross operating margin | 9900 | €71k |
| Operating result | 9901 | €35k |
| Financial income | 75 | €0 |
| Financial charges | 65 | €18k |
| Result before taxes | 9903 | €18k |
| Net result for the period | 9904 | €18k |
| Result to be appropriated | 9905 | €18k |
| NACE primary | Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen(68201) |
| Legal form | Private limited company(610) |
| Incorporation | 21-04-2021 |
| Status | Active |
| Postal code | 8310 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31434C0057/00M000 | Flanders | 495 m² | 1 · 173 m² | 19.9 m · 5 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
04-05-2026 Seat change · Power of attorney · Act object
- Filing: 2026-04-17 · BR38
- Seat change: new: Baron Ruzettelaan 38 bus 2 8310 Brugge, old: Baron Ruzettelaan 38 bus 4 -8310 Brugge, effective_date: 2026-03-30 · BR38
- Power of attorney: scope: neerlegging formaliteiten, akten, stukken, notulen, beslissingen, oprichting, wijziging statuten, benoemingen/ontslag bestuurders/vertegenwoordigers, wijziging zetel · BR38
- Publication: 2026-05-04
- Act object: Verplaatsing zetel
- Power of attorney · BR38
- Power of attorney · BR38
- Power of attorney · BR38
- Power of attorney · BR38
- Power of attorney · BR38
- Power of attorney · BR38
Technical details
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}23-04-2021 Incorporation of a new BV
Technical details
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}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameNL | BR38 |