BRABANTEX

Active

Foreign entityfounded 200224 yrs activeWENLOCK ROADL 20-22, N17GU LONDON, United KingdomKBO/BCE: BE 0477.878.616

Summary

For the legal form of BRABANTEX, Checked does not compute a bankruptcy probability. The latest annual accounts of BRABANTEX were filed more than 90 days after the deadline. The 2015 annual accounts show negative equity (-€74,908) and a net result of -€17,855. Equity is shrinking by ~27.7% per year across the filed fiscal years. The company has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals.

Risk analysis Watch Report Compare

BRABANTEXActive

Risk analysis Report Compare

Checked score

No current score

Figures too old

The available figures for FY 2015 are too old to assess current financial health.

Filing: Filed more than 90 days late

Filing: Five or more filing cycles are missing. This points to a standstill, not an imminent failure.

Axes, FY 2015 · tick = 2014

Profitability0=

Solvency0=

Growth32=

Track record100

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Signals

Two signals. The signal on the left, the evidence on the right.

+raises risk○neutral

No filing for years

The last filed financial year closed on 31-12-2015. Since then, 10 financial years are missing. This points to a standstill, not an imminent failure.

NBB · 10 filings

Position against the passed deadline

31-12-2016 close31-07-2017 deadline28-09-2026 today

Filed more than 90 days late

The financial year that closed on 31-12-2015 was due by 31-07-2016 and was filed on 01-12-2016, 123 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.

NBB · 10 filings

Deviation from the deadline

2025

not confirmed

2024

not filed

2023

not filed

2022

not filed

2021

not filed

2020

not filed

2019

not filed

← before the deadline after the deadline →

tick = median of all Belgian filings

The Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (1)

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

History

On 2 July 2002, BRABANTEX was incorporated.¹ Total assets went from EUR 8,201 in 2011 to EUR 59,021 in 2015.²

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Financials · fiscal year 2015, full schema

Turnover

Not included in this filing

EBIT margin

Not included in this filing

Net result

-€17,855▼ 12.0%

2014 · -€15,941

Working capital

-€70,308▼ 23.2%

2014 · -€57,053

Trend over the years

Chart Table

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before

favourable unfavourable

Line20112012201320142015

Operating result-€9,688--€6,438▲ 33.5%-€6,272▲ 2.6%-€15,698▼ 150%-€17,614▼ 12.2%

Net result-€9,982--€6,559▲ 34.3%-€6,308▲ 3.8%-€15,941▼ 153%-€17,855▼ 12.0%

Equity-€28,246--€34,805▼ 23.2%-€41,113▼ 18.1%-€57,053▼ 38.8%-€74,908▼ 31.3%

Total assets€8,201-€7,437▼ 9.3%€12,113▲ 62.9%€751▼ 93.8%€59,021▲ 7,759%

Debt€36,447-€42,242▲ 15.9%€53,226▲ 26.0%€57,804▲ 8.6%€133,929▲ 132%

Working capital-€28,399--€34,699▼ 22.2%-€44,575▼ 28.5%-€57,053▼ 28.0%-€70,308▼ 23.2%

Result per fiscal year

Operating resultNet result

The operating result stays negative: a loss of €17,614 in 2015 against €15,698 in 2014; the loss grows and 2015 has the lowest result in the available series.

Key figures and ratios

2015 value · change against 2014

Solvency

-126.9%

Current ratio

0.46

Quick ratio

0.01

ROA

-30.3%

Debt ≤ 1 year

€129,329▲

2014 · €57,804

Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Annual accounts

OverviewIncome statement Balance sheet Cash flow

Filed annual accounts As filed with the NBB · 2015 against 2014 · 20 lines

Balance sheet Code20142015

Assets

Total assets20/58€751€59,021▲

Tangible fixed assets22/27€0-

Current assets29/58€751€59,021▲

Stocks and contracts in progress3-€57,645

Amounts receivable within one year40/41€317€317=

Cash at bank and in hand54/58€2€627▲

Equity and liabilities

Total equity and liabilities10/49€751€59,021▲

Equity10/15-€57,053-€74,908▼

Contributions10/11€6,200€6,200=

Reserves13€5,862€5,862=

Profit (loss) carried forward14-€69,115-€86,970▼

Amounts payable17/49€57,804€133,929▲

Amounts payable within one year42/48€57,804€129,329▲

Trade debts44-€8,217

Income statement Code20142015

Gross operating margin9900-€13,142-€17,614▼

Operating profit (loss)9901-€15,698-€17,614▼

Recurring financial charges65€243€241▼

Profit (loss) for the period before taxes9903-€15,941-€17,855▼

Profit (loss) for the period9904-€15,941-€17,855▼

Profit (loss) for the period to be appropriated9905-€15,941-€17,855▼

Line	2011	2012	2013	2014	2015	Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630	€201	€140	€1,043	-	-	-
Gross operating margin9900	-€7,513	-€5,632	-€5,077	-€13,142	-€17,614	▼ 34.0%
Operating profit (loss)9901	-€9,688	-€6,438	-€6,272	-€15,698	-€17,614	▼ 12.2%
Recurring financial income75	€0	-	-	-	-	-
Recurring financial charges65	€294	€108	€35	€243	€241	▼ 0.8%
Profit (loss) for the period before taxes9903	-€9,982	-€6,559	-€6,308	-€15,941	-€17,855	▼ 12.0%
Profit (loss) for the period9904	-€9,982	-€6,559	-€6,308	-€15,941	-€17,855	▼ 12.0%
Profit (loss) for the period to be appropriated9905	-€9,982	-€6,559	-€6,308	-€15,941	-€17,855	▼ 12.0%

Line	2011	2012	2013	2014	2015	Change
Assets
Total assets20/58	€8,201	€7,437	€12,113	€751	€59,021	▲ 7,759%
Fixed assets21/28	€153	-	€3,463	-	-	-
Tangible fixed assets22/27	€153	-	€3,463	€0	-	-
Current assets29/58	€8,048	€7,437	€8,651	€751	€59,021	▲ 7,759%
Stocks and contracts in progress3	€6,096	€6,096	€6,096	-	€57,645	-
Amounts receivable within one year40/41	€76	€520	€2,021	€317	€317	=
Cash at bank and in hand54/58	€774	€66	€82	€2	€627	▲ 31,250%
Equity and liabilities
Total equity and liabilities10/49	€8,201	€7,437	€12,113	€751	€59,021	▲ 7,759%
Equity10/15	-€28,246	-€34,805	-€41,113	-€57,053	-€74,908	▼ 31.3%
Contributions10/11	€6,200	€6,200	€6,200	€6,200	€6,200	=
Reserves13	€5,861	€5,861	€5,861	€5,862	€5,862	=
Profit (loss) carried forward14	-€40,307	-€46,866	-€53,174	-€69,115	-€86,970	▼ 25.8%
Amounts payable17/49	€36,447	€42,242	€53,226	€57,804	€133,929	▲ 132%
Amounts payable within one year42/48	€36,447	€42,137	€53,226	€57,804	€129,329	▲ 124%
Trade debts44	€760	€1,476	€1,614	-	€8,217	-

Line	2011	2012	2013	2014	2015	Change
Profit (loss) for the period9904	-€9,982	-€6,559	-€6,308	-€15,941	-€17,855	▼ 12.0%
+ Depreciation and write-downs630	€201	€140	€1,043	-	-	-
Operating cash flow (approximation)	-€9,781	-€6,418	-€5,265	-€15,941	-€17,855	▼ 12.0%
Change in cash	-	-€708	€16	-€80	€625	▲ 881%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

All 11Financial 1Filings 10

2016

01-12

NBB filing Annual accounts filed

fiscal year 2015 · full schema · 123 days late

01-12

NBB filing Annual accounts filed

fiscal year 2014 · full schema · 489 days late

2015

31-12

Financial Weakest financial yearnet -€17,855

Net result drops to -€17,855, the lowest in the series.

2014

31-08

NBB filing Annual accounts filed

fiscal year 2013 · full schema · 31 days late

22-05

NBB filing Annual accounts filed

fiscal year 2012 · full schema · 295 days late

2012

30-08

NBB filing Annual accounts filed

fiscal year 2011 · full schema · 30 days late

2011

31-08

NBB filing Annual accounts filed

fiscal year 2010 · full schema · 31 days late

2010

29-08

NBB filing Annual accounts filed

fiscal year 2009 · full schema · 29 days late

2009

09-03

NBB filing Annual accounts filed

fiscal year 2008 · full schema

2008

26-05

NBB filing Annual accounts filed

fiscal year 2007 · full schema

2007

19-11

NBB filing Annual accounts filed

fiscal year 2006 · full schema · 111 days late

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, LONDON · 1 establishment unit since 2002

establishment The establishment unit on the map

Cannot be placed on the map

The registered office is abroad (United Kingdom). The address register our map runs on (BOSA BEST) covers Belgian addresses only.

WENLOCK ROADL 20-22N17GU LONDONUnited Kingdom

Ground area

196 m²

Building footprint

131 m²

Volume, LiDAR

1,334 m³

Parcel 21909E0028/00L008, Brussels · tallest building 16.8 m, ±3 floors. Linked by address, not a title deed.

1 establishment unit

Brabantstraat 149, 1030 Schaarbeek

NACE 51421

since 20022.099.156.214

1 parcel

Brussels 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
21909E0028/00L008	Brussels	196 m²	1 · 131 m²	16.8 m · 3 fl.

Linked by address, not proof of ownership

Good to know

1 of 1 parcel with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Identification & contact

Identification

Legal formForeign entity

Founded02-07-2002

Fiscal year end31-12

E-invoicing

Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

What can you do?

Try sending from your invoicing software; if that fails, ask the customer whether they already receive via Peppol.

If the customer is not ready yet, you may send the invoice another way, for example as a PDF; if electronically, with their agreement on a secure alternative. That invoice is valid; the customer risks a penalty. FPS Finance

If you follow this company, Checked tells you the day it appears in the Peppol register.

Scores and ratios are computed by Checked and are not a credit decision.