BRAGIMMO
ActiveSummary
BRAGIMMO has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €35k and a net result of €23k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 36% of 2198 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability90▲+12
Solvency51▲+17
Growth78=
Track record100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days acceptable
Liquidity short (current ratio 0.87 against 0.64 in 2024; short-term debt: 74.3% and cash: 48.3% of total assets), and 74.3% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Construction of residential and non-residential buildings (NACE 41)
about 67% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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
25.7%
Return on assets
17%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 6 filingsDeviation from the deadline
2025
31 d late
2024
31 d late
2022
31 d late
2021
27 d late
2020
28 d late
2018
28 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
History
Financials · fiscal year 2025, abbreviated schema
Turnover
€91k
EBIT margin
0.7%
Net result
€23k▲ 149%
2024 · €9k
Working capital
€-13k▲ 68.5%
2024 · €-41k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220242025
Turnover
Operating result€-10k-€-3k▲ 74.1%€-4k▼ 60.1%€15k-€37k▲ 149%
Net result€-9k-€-2k▲ 75.8%€-4k▼ 93.3%€9k-€23k▲ 149%
EBIT margin
Equity€7k-€4k▼ 34.1%€0▼ 100%€12k-€35k▲ 195%
Total assets€11k-€5k▼ 56.8%€128k-€137k▲ 7.2%
Debt€5k-€605▼ 87.5%€116k-€102k▼ 12.1%
Working capital€6k-€4k▼ 28.7%€-41k-€-13k▲ 68.5%
Staff (FTE)3.3
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result rises in 2025; 2025 is 149% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €137k
Fixed assets
€48k ▼ 9.5%
Current assets
€89k ▲ 19.2%
Equity and liabilities €137k
Equity
€35k ▲ 195%
Debt
€102k ▼ 12.1%
Debt's share of the balance-sheet total falls from 90.6% to 74.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€49k▲
2024 · €25k
Cash flow
€36k▲
2024 · €20k
Current ratio
0.87▲
2024 · 0.64
Quick ratio
0.82▲
2024 · 0.63
Debt to equity
2.89▼
2024 · 9.69
ROE
66.0%▼
2024 · 78.0%
ROA
17.0%▲
2024 · 7.3%
Interest coverage
30.16▲
2024 · 21.49
Debt ≤ 1 year
€102k▼
2024 · €116k
Income taxes
€12k▲
2024 · €4k
Staff costs
€67k▲
2024 · €47k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | €47k | €67k | ▲ 43.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1k | €496 | - | €10k | €13k | ▲ 25.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | €50 | - | - |
| Other operating charges640/8 | - | - | - | €497 | €791 | ▲ 59.4% |
| Gross operating margin9900 | €-9k | €-2k | €-4k | €72k | €117k | ▲ 62.3% |
| Operating profit (loss)9901 | €-10k | €-3k | €-4k | €15k | €37k | ▲ 149% |
| Financial income75/76B | - | €425 | - | €0 | - | - |
| Recurring financial income75 | €800 | €425 | - | €0 | - | - |
| Financial charges65/66B | - | €66 | €102 | €1k | €2k | ▲ 41.4% |
| Recurring financial charges65 | €120 | €66 | €102 | €1k | €2k | ▲ 41.4% |
| Profit (loss) for the period before taxes9903 | €-9k | €-2k | €-4k | €14k | €35k | ▲ 158% |
| Income taxes67/77 | - | €25 | €105 | €4k | €12k | ▲ 178% |
| Profit (loss) for the period9904 | €-9k | €-2k | €-4k | €9k | €23k | ▲ 149% |
| Profit (loss) for the period to be appropriated9905 | €-9k | €-2k | €-4k | €9k | €23k | ▲ 149% |
| Line | 2020 | 2021 | 2022 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €11k | €5k | - | €128k | €137k | ▲ 7.2% |
| Fixed assets21/28 | €496 | - | - | €53k | €48k | ▼ 9.5% |
| Intangible fixed assets21 | - | - | - | €9k | €6k | ▼ 31.6% |
| Tangible fixed assets22/27 | €496 | - | - | €44k | €42k | ▼ 4.7% |
| Plant, machinery and equipment23 | - | - | - | €6k | €16k | ▲ 154% |
| Furniture and vehicles24 | - | - | - | €11k | €3k | ▼ 75.7% |
| Other tangible fixed assets26 | - | - | - | €27k | €23k | ▼ 12.1% |
| Current assets29/58 | €11k | €5k | - | €75k | €89k | ▲ 19.2% |
| Stocks and contracts in progress3 | - | - | - | €1k | €5k | ▲ 299% |
| Stocks30/36 | - | - | - | €1k | €5k | ▲ 299% |
| Amounts receivable within one year40/41 | €9k | €5k | - | €40k | €17k | ▼ 56.4% |
| Trade receivables40 | - | - | - | €39k | €17k | ▼ 55.4% |
| Other amounts receivable41 | - | €5k | - | €871 | - | - |
| Cash at bank and in hand54/58 | €2k | €1 | - | €33k | €66k | ▲ 99.4% |
| Deferred charges and accrued income490/1 | - | - | - | €282 | €350 | ▲ 24.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €11k | €5k | €0 | €128k | €137k | ▲ 7.2% |
| Equity10/15 | €7k | €4k | €0 | €12k | €35k | ▲ 195% |
| Contributions10/11 | €6k | €6k | €6k | €6k | €6k | = |
| Capital10 | - | €6k | €6k | - | - | - |
| Issued capital100 | - | €19k | €19k | - | - | - |
| Uncalled capital101 | - | €12k | €12k | - | - | - |
| Outside capital11 | - | - | - | - | €6k | - |
| Other1109/19 | - | - | - | - | €6k | - |
| Reserves13 | €2k | €2k | €2k | €6k | €29k | ▲ 402% |
| Non-distributable reserves130/1 | - | €2k | €2k | - | - | - |
| Legal reserve130 | - | €2k | €2k | - | - | - |
| Distributable reserves133 | - | - | - | €6k | €29k | ▲ 402% |
| Profit (loss) carried forward14 | €-1k | €-4k | €-8k | - | €50 | - |
| Amounts payable17/49 | €5k | €605 | - | €116k | €102k | ▼ 12.1% |
| Amounts payable within one year42/48 | €5k | €605 | - | €116k | €102k | ▼ 12.1% |
| Trade debts44 | €1k | €605 | - | €49k | €36k | ▼ 25.9% |
| Suppliers440/4 | - | €605 | - | €49k | €36k | ▼ 25.9% |
| Taxes, remuneration and social security45 | - | - | - | €20k | €23k | ▲ 18.9% |
| Taxes450/3 | - | - | - | €10k | €16k | ▲ 54.5% |
| Remuneration and social security454/9 | - | - | - | €10k | €8k | ▼ 19.4% |
| Other amounts payable47/48 | - | - | - | €48k | €43k | ▼ 10.9% |
| Line | 2020 | 2021 | 2022 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-9k | €-2k | €-4k | €9k | €23k | ▲ 149% |
| + Depreciation and write-downs630 | €1k | €496 | - | €10k | €13k | ▲ 25.0% |
| Operating cash flow (approximation) | €-8k | €-2k | €-4k | €20k | €36k | ▲ 84.5% |
| Investment in fixed assets (approximation) | - | - | - | - | €-8k | - |
| Change in cash | - | €-2k | - | - | €33k | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
More with these figures Sector benchmark What changed Value indication
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 31 days late
2025
31-12
Financial
Highest result since 2018net €23k ▲149%
Operating result €37k, net result €23k, both a record.
31-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 31 days late
2024
31-12
Financial
Back to profitnet €9k
Net result €9k after 4 loss-making years.
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
27-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 27 days late
2021
31-12
Financial
Liquidity quadruplescurrent ratio 8.15
Current ratio from 2.25 to 8.15; short-term debt falls from €5k to €605.
28-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 28 days late
2020
31-12
Financial
Weakest financial yearnet €-9k
Net result drops to €-9k, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity doublescurrent ratio 2.25
Current ratio from 1.00 to 2.25; short-term debt falls from €9k to €5k.
2019
03-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro 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, Sombreffe · 1 establishment unit since 2017
Ground area
225 m²
Building footprint
149 m²
Parcel 92114G0037/00R000, Wallonia. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
L'ETINCELLE
since 20172.270.198.886
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 92114G0037/00R000 | Wallonia | 225 m² | 1 · 149 m² | - |
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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteSombreffe2.270.198.886
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Of 29,787 companies in sector 41001 we hold annual accounts for 16,036. 12,673 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
Founded14-11-2017
Fiscal year end31-12
Activities, NACEBEL 2025
41001General construction of residential buildings
56111Full-service restaurants
43990Other specialised construction activities
46831Wholesale of construction materials, general range
71111Activities of building architects
77221Rental and leasing activities
Scores and ratios are computed by Checked and are not a credit decision.