BRADOFI
ActiveSummary
For BRADOFI, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show equity of €9k and a net result of €-385. Equity remains stable across the filed fiscal years (±0.2% per year). Its solvency ranks better than 22% of 18384 sector peers (fiscal year 2023). The company has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
No current score
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Filing: At least two filing cycles are missing
Axes, FY 2023 · tick = 2022
Profitability41▲+3
Solvency27=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit check for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2023Solvency, return and age of the figures
Solvency
2.1%
Return on assets
-0.1%
Age of the figures
39 mo
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% 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
raises risk · Two or more financial years not filed
Since the financial year that closed on 30-06-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filingsPosition against the passed deadline
30-06-2024 close31-01-2025 deadline25-09-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 30-06-2023 was due by 31-01-2024 and was filed on 10-05-2026, 830 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 filingsDeviation from the deadline
2025
not filed
2024
not filed
2023
830 d late
2022
983 d late
2021
1111 d late
2020
242 d late
2019
60 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2023, micro schema
Equity
€9k▼ 4.3%
2022 · €9k
2019: €7klowest in 5 years
2020: €9k▲ +29.2% vs 2019
2021: €9k▲ +0.8% vs 2020highest in 5 years
2022: €9k▼ -1.6% vs 2021
2023: €9k▼ -4.3% vs 2022
2019 → 2023
Total assets
€416k▲ 6.3%
2022 · €392k
2019: €427khighest in 5 years
2020: €409k▼ -4.3% vs 2019
2021: €396k▼ -3.0% vs 2020
2022: €392k▼ -1.2% vs 2021lowest in 5 years
2023: €416k▲ +6.3% vs 2022
2019 → 2023
Net result
€-385▼ 128%
2022 · €-169
2019: €88
2020: €2k▲ +2240% vs 2019highest in 5 years
2021: €71▼ -96.6% vs 2020
2022: €-169▼ -338% vs 2021
2023: €-385▼ -128% vs 2022lowest in 5 years
2019 → 2023
Working capital
€-184k▼ 42.4%
2022 · €-129k
2019: €-94khighest in 5 years
2020: €-99k▼ -6.1% vs 2019
2021: €-111k▼ -11.5% vs 2020
2022: €-129k▼ -16.8% vs 2021
2023: €-184k▼ -42.4% vs 2022lowest in 5 years
2019 → 2023
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20192020202120222023Trend
Equity€7k-€9k▲ 29.2%€9k▲ 0.8%€9k▼ 1.6%€9k▼ 4.3%
2019: €7klowest in 5 years
2020: €9k▲ +29.2% vs 2019
2021: €9k▲ +0.8% vs 2020highest in 5 years
2022: €9k▼ -1.6% vs 2021
2023: €9k▼ -4.3% vs 2022
Operating result€16k-€18k▲ 14.7%€14k▼ 24.7%€16k▲ 19.4%€11k▼ 30.7%
2019: €16k
2020: €18k▲ +14.7% vs 2019highest in 5 years
2021: €14k▼ -24.7% vs 2020
2022: €16k▲ +19.4% vs 2021
2023: €11k▼ -30.7% vs 2022lowest in 5 years
Net result€88-€2k▲ 2,240%€71▼ 96.6%€-169€-385▼ 128%
2019: €88
2020: €2k▲ +2240% vs 2019highest in 5 years
2021: €71▼ -96.6% vs 2020
2022: €-169▼ -338% vs 2021
2023: €-385▼ -128% vs 2022lowest in 5 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2023; 2023 is 31% below 2022 and is the lowest result in the available series.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €416k
Fixed assets
€409k ▲ 6.6%
Current assets
€7k ▼ 7.7%
Equity and liabilities €416k
Equity
€9k ▼ 4.3%
Debt
€408k ▲ 6.6%
Debt's share of the balance-sheet total rises from 97.7% to 97.9%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€32k▼
2022 · €36k
Cash flow
€20k▲
2022 · €20k
Current ratio
0.04▼
2022 · 0.06
Debt to equity
47.19▲
2022 · 42.38
ROE
-4.5%▼
2022 · -1.9%
ROA
-0.1%▼
2022 · 0.0%
Interest coverage
2.74▲
2022 · 2.27
Debt ≤ 1 year
€191k▲
2022 · €137k
Debt > 1 year
€215k▼
2022 · €245k
Income taxes
€355▼
2022 · €599
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2023 against 2022 · 48 lines
Balance sheet
Code20222023
Assets
Total assets20/58€392k€416k▲
Fixed assets21/28€384k€409k▲
Tangible fixed assets22/27€382k€407k▲
Land and buildings22€352k€373k▲
Plant, machinery and equipment23€20k€23k▲
Furniture and vehicles24€10k€12k▲
Financial fixed assets28€2k€2k=
Current assets29/58€8k€7k▼
Amounts receivable within one year40/41€6k€6k▲
Trade receivables40€6k€6k▲
Cash at bank and in hand54/58€2k€935▼
Equity and liabilities
Total equity and liabilities10/49€392k€416k▲
Equity10/15€9k€9k▼
Contributions10/11€6k€6k=
Capital10€6k-
Issued capital100€19k-
Uncalled capital101€12k-
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Legal reserve130€2k-
Reserves not available under the articles1311-€2k
Profit (loss) carried forward14€965€580▼
Amounts payable17/49€382k€408k▲
Amounts payable after more than one year17€245k€215k▼
Financial debts170/4€245k€215k▼
Amounts payable within one year42/48€137k€191k▲
Current portion of amounts payable after more than one year42€25k€29k▲
Trade debts44€11k€19k▲
Suppliers440/4€11k€19k▲
Taxes, remuneration and social security45€1k€4k▲
Taxes450/3€1k€4k▲
Other amounts payable47/48€100k€140k▲
Accrued charges and deferred income492/3-€1k
Income statement
Code20222023
Non-recurring operating income76A-€0
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€20k€20k▲
Other operating charges640/8€2k€7k▲
Gross operating margin9900€38k€39k▲
Operating profit (loss)9901€16k€11k▼
Financial income75/76B-€247
Recurring financial income75-€247
Financial charges65/66B€16k€12k▼
Recurring financial charges65€16k€12k▼
Profit (loss) for the period before taxes9903€430€-30▼
Income taxes67/77€599€355▼
Profit (loss) for the period9904€-169€-385▼
Profit (loss) for the period to be appropriated9905€-169€-385▼
Appropriation of the result
Profit (loss) to be appropriated9906€965€580▼
Profit (loss) brought forward from the previous period14P€1k€965▼
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | €0 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €20k | €19k | €19k | €20k | €20k | ▲ 3.2% |
| Other operating charges640/8 | - | - | €2k | €2k | €7k | ▲ 292% |
| Gross operating margin9900 | €38k | €39k | €35k | €38k | €39k | ▲ 2.8% |
| Operating profit (loss)9901 | €16k | €18k | €14k | €16k | €11k | ▼ 30.7% |
| Financial income75/76B | - | - | €3 | - | €247 | - |
| Recurring financial income75 | - | - | €3 | - | €247 | - |
| Financial charges65/66B | - | - | €14k | €16k | €12k | ▼ 27.1% |
| Recurring financial charges65 | €16k | €15k | €14k | €16k | €12k | ▼ 27.1% |
| Profit (loss) for the period before taxes9903 | €88 | €3k | €94 | €430 | €-30 | ▼ 107% |
| Income taxes67/77 | - | €600 | €23 | €599 | €355 | ▼ 40.7% |
| Profit (loss) for the period9904 | €88 | €2k | €71 | €-169 | €-385 | ▼ 128% |
| Profit (loss) for the period to be appropriated9905 | €88 | €2k | €71 | €-169 | €-385 | ▼ 128% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €427k | €409k | €396k | €392k | €416k | ▲ 6.3% |
| Fixed assets21/28 | €425k | €407k | €392k | €384k | €409k | ▲ 6.6% |
| Tangible fixed assets22/27 | €425k | €407k | €392k | €382k | €407k | ▲ 6.7% |
| Land and buildings22 | - | - | €369k | €352k | €373k | ▲ 5.8% |
| Plant, machinery and equipment23 | - | - | €22k | €20k | €23k | ▲ 15.7% |
| Furniture and vehicles24 | - | - | €957 | €10k | €12k | ▲ 21.0% |
| Financial fixed assets28 | - | - | - | €2k | €2k | = |
| Current assets29/58 | €2k | €1k | €4k | €8k | €7k | ▼ 7.7% |
| Amounts receivable within one year40/41 | €2k | €870 | €4k | €6k | €6k | ▲ 6.6% |
| Trade receivables40 | - | - | €4k | €6k | €6k | ▲ 6.6% |
| Cash at bank and in hand54/58 | €186 | €499 | €734 | €2k | €935 | ▼ 51.2% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €427k | €409k | €396k | €392k | €416k | ▲ 6.3% |
| Equity10/15 | €7k | €9k | €9k | €9k | €9k | ▼ 4.3% |
| Contributions10/11 | €6k | €6k | €6k | €6k | €6k | = |
| Capital10 | - | - | €6k | €6k | - | - |
| Issued capital100 | - | - | €19k | €19k | - | - |
| Uncalled capital101 | - | - | €12k | €12k | - | - |
| Reserves13 | €2k | €2k | €2k | €2k | €2k | = |
| Non-distributable reserves130/1 | - | - | €2k | €2k | €2k | = |
| Legal reserve130 | - | - | €2k | €2k | - | - |
| Reserves not available under the articles1311 | - | - | - | - | €2k | - |
| Profit (loss) carried forward14 | €-1k | €1k | €1k | €965 | €580 | ▼ 39.9% |
| Amounts payable17/49 | €420k | €399k | €387k | €382k | €408k | ▲ 6.6% |
| Amounts payable after more than one year17 | €324k | €299k | €272k | €245k | €215k | ▼ 12.3% |
| Financial debts170/4 | - | - | €272k | €245k | €215k | ▼ 12.3% |
| Amounts payable within one year42/48 | €96k | €101k | €115k | €137k | €191k | ▲ 39.6% |
| Current portion of amounts payable after more than one year42 | - | - | €29k | €25k | €29k | ▲ 14.9% |
| Trade debts44 | €752 | €8k | €7k | €11k | €19k | ▲ 72.1% |
| Suppliers440/4 | - | - | €7k | €11k | €19k | ▲ 72.1% |
| Taxes, remuneration and social security45 | - | - | €10k | €1k | €4k | ▲ 284% |
| Taxes450/3 | - | - | €10k | €1k | €4k | ▲ 284% |
| Other amounts payable47/48 | - | - | €70k | €100k | €140k | ▲ 39.5% |
| Accrued charges and deferred income492/3 | - | - | - | - | €1k | - |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €88 | €2k | €71 | €-169 | €-385 | ▼ 128% |
| + Depreciation and write-downs630 | €20k | €19k | €19k | €20k | €20k | ▲ 3.2% |
| Operating cash flow (approximation) | €20k | €21k | €19k | €20k | €20k | ▲ 2.1% |
| Investment in fixed assets (approximation) | - | €-1k | €-4k | €-11k | €-46k | ▼ 300% |
| Change in cash | - | €313 | €235 | €1k | €-980 | ▼ 183% |
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
2026
10-05
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 830 days late
2025
10-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 983 days late
15-02
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 1111 days late
2023
30-06
Financial
Weakest financial yearnet €-385
Net result drops to €-385, the lowest in the series.
2021
30-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 242 days late
2020
30-06
Financial
Highest result since 2019net €2k ▲2,240%
Operating result €18k, net result €2k, both a record.
31-03
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 60 days late
2019
09-04
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 68 days late
2017
22-12
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
04-12
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
31-01
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
2015
06-01
NBB filing
Annual accounts filed
fiscal year 2014 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 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
2 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, Virton
Ground area
504 m²
Building footprint
126 m²
Volume, LiDAR
921 m³
Parcel 85035B0973/00T002, Wallonia · tallest building 8.9 m, ±3 floors. Linked by address, not a title deed.
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 85035B0973/00T002 | Wallonia | 504 m² | 1 · 126 m² | 8.9 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.
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Of 9,136 companies in sector 68201 we hold annual accounts for 6,765. 1,440 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
Founded15-10-2012
Fiscal year end30-06
Abbreviation FR
B.D.F.
Activities, NACEBEL 2025
68201Renting and operating of own or leased residential real estate, excluding social housing
70200Business and other management consultancy
Contact
E-mail
philippe.brankaer@skynet.be
Phone
0475590771
Scores and ratios are computed by Checked and are not a credit decision.