Financials
- Fiscal year
- 2024
- Total assets
- €11.6m
- Loss
- -€718,451
- Solvency
- 41.5%
Total assets▼ 6.0%
Net result
20182024
BRABO VENTURES
ActiveSummary
BRABO VENTURES has been active since 1990 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €4.8m and a net result of -€718,451. Equity is growing by ~28.8% per year across the filed fiscal years. Its solvency ranks better than 59% of 4837 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.0% (low).
Overview
Activity
Buying and selling of own real estate
NACE 68110NACE 68100
1 site
Size
€11.6mtotal assets 2024
- Equity
- €4.8m
- Loss
- -€718,451
Structure
Accounts 64 d overdue0 of 7 deeds read
Why 65- Liquidity: current ratio 0.02, cash €33,745- Figures for FY 2024 (filed 24-09-2025)- 1 financial year not filed after the legal deadline; latest accounts 55 days late; 1 of the last 3 late+ Founded in 1990Show the evidence
Checked score
Score 2024
65
/ 100
Healthy
Probability in this band: 0.55% to 1.5%
Better than 27% of its sector peers (NACE 68, medium-sized)
Performance against the sector, not lower risk
Financial strength · tick = 2023
Weak
Solvency
66-4
equity 41.5% of total assets
Liquidity
21-2
short-term debt 56.5% · cash 0.3%
Profitability
18-56
return on assets -6.2%
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 0.1%lowest value
12-2024: 0.1%● 0.0% vs 11-2024lowest value
01-2025: 0.1%● 0.0% vs 12-2024lowest value
02-2025: 0.1%● 0.0% vs 01-2025lowest value
03-2025: 0.1%▲ +1.5% vs 02-2025
04-2025: 0.1%▲ +6.5% vs 03-2025
05-2025: 0.2%▲ +3.4% vs 04-2025
06-2025: 0.2%▲ +6.5% vs 05-2025
07-2025: 0.2%▲ +50.3% vs 06-2025
08-2025: 0.4%▲ +79.6% vs 07-2025
09-2025: 0.6%▲ +27.0% vs 08-2025
10-2025: 0.3%▼ -41.3% vs 09-2025
11-2025: 0.3%● 0.0% vs 10-2025
12-2025: 0.3%● 0.0% vs 11-2025
01-2026: 0.3%● 0.0% vs 12-2025
02-2026: 0.3%● 0.0% vs 01-2026
03-2026: 0.3%▲ +4.9% vs 02-2026
04-2026: 0.3%▼ -2.6% vs 03-2026
05-2026: 0.3%▲ +3.3% vs 04-2026
06-2026: 0.3%● 0.0% vs 05-2026
07-2026: 0.4%▲ +4.6% vs 06-2026
08-2026: 0.6%▲ +73.5% vs 07-2026
09-2026: 0.7%▲ +11.8% vs 08-2026
10-2026: 1.0%▲ +40.5% vs 09-2026highest value
- Liquidity: current ratio 0.02, cash €33,745 raises the probability
- Figures for FY 2024 (filed 24-09-2025) raises the probability
- Founded in 1990 lowers the probability for this profile
- 1 financial year not filed after the legal deadline; latest accounts 55 days late; 1 of the last 3 late raises the probability
Credit up to €310,000 at 30 days acceptable
Liquidity short (current ratio 0.02 against 0.23 in 2023; short-term debt: 56.5% and cash: 0.3% of total assets), and 58.5% of the assets are financed with debt.
How it is calculated
The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.
| 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% |
Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 68, medium-sized). Better than this share of them on solvency 63%, liquidity 17%, profitability 10%, growth against the median 18%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 02-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.
Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
neutral · A punctual record breaks
This company filed 4 consecutive financial years on time. The year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 24-09-2025, 55 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
55 d late
2023
34 d early
2022
34 d early
2021
26 d early
2020
31 d early
2019
70 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average on the deadline day; the sector median for financial year 2024 is 7 days before the deadline, and 36% of the sector filed late.
Checked, nothing found (1)
- Annual accounts filedfiscal year 2024 · full…
- Weakest financial yearnet -€718,451
- Annual accounts filedfiscal year 2023 · full…
Key points
By topic
Timeline
- Events
- 14
- Since
- 2016
- 24-09-2025Annual accounts filed
- 31-12-2024Weakest financial year
- 27-06-2024Annual accounts filed
Company details
- Sites
- 1
- Legal form
- Public limited company
- Activity
- Buying and selling of own real estateNACE 68110
- Founded
- 20-02-1990
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
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