Age31 yrs
Real estate1 parcel · 903 m²
Summary
Conclusion
the dossier summarised in one paragraphThe computed 12-month bankruptcy probability of BRAGOVA is 0.7% (low). The 2025 annual accounts show equity of €66k and a net result of €8k. The company has been active since 1995 and the Belgian State Gazette contains no insolvency or warning signals.
Based on the State Gazette, CBE and 1 annual account.
Filing behaviour
From the deposit records, complete market-wideFiled after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 04-08-2026, 4 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.
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.
How we compute the deadline
The year end is derived from 10 filed financial years, each closing on 31-12. The statutory deadline is seven months after the close of the financial year (art. 3:10 par. 1 CAC, art. 3:47 par. 7 for ASBL and foundations). Applied to the financial year that closed on 31-12-2025, that is 31-07-2026.
Deadline per financial year
| Year closed | Due by | Filed | Variance | Reference |
|---|---|---|---|---|
| 31-12-2025 | 31-07-2026 | 04-08-2026 | 4 d late | 2026-00391517 |
| 31-12-2024 | 31-07-2025 | 07-08-2025 | 7 d late | 2025-00369638 |
| 31-12-2023 | 31-07-2024 | 31-07-2024 | on the day | 2024-00328807 |
| 31-12-2022 | 31-07-2023 | 02-08-2023 | 2 d late | 2023-00316569 |
| 31-12-2021 | 31-07-2022 | 29-08-2022 | 29 d late | 2022-20356905 |
| 31-12-2020 | 31-07-2021 | 11-08-2021 | 11 d late | 2021-47500047 |
| 31-12-2019 | 31-07-2020 | 04-06-2020 | 57 d early | 2020-14600565 |
| 31-12-2018 | 31-07-2019 | 06-06-2019 | 55 d early | 2019-16100163 |
| 31-12-2017 | 31-07-2018 | 07-06-2018 | 54 d early | 2018-16200032 |
| 31-12-2016 | 31-07-2017 | 24-08-2017 | 24 d late | 2017-46300098 |
Source: the National Bank's deposit records. Those records are complete, including for years whose figures we have not read yet. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.
Trust signals
2 signalsLong-established
Founded in 1995, 31 years in business.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.
Administrative Flags
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Bankruptcy probability (12 mo)
Checked model v1 · free for everyone0.7%
Low
0%0,5%1,5%4%10%≥25%
Higher-failure-rate sector
+Long track record
−
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
Financials
TurnoverNot published (abbreviated filing)
EBIT marginNot published (abbreviated filing)
Net result€8k
Working capital€42k
Annual accounts & ratios
Source: NBB · 2025Annual accounts filed on 04-08-2026 with the NBB · fiscal year 2025 · micro
| Fiscal year | 2025 |
|---|---|
| Deposit | micro |
| Revenue | - |
| EBITDA | €16k |
| Net profit | €8k |
| Cash flow | €14k |
| Staff costs | - |
| Income taxes | €2k |
| Dividends | - |
| Total assets | €92k |
| Equity | €66k |
| Debt | €26k |
| of which ≤ 1y | €26k |
| of which > 1y | - |
| Working capital | €42k |
| Employees (FTE) | - |
Ratios (computed)
| 2025 | |
|---|---|
| Current ratio | 2.64 |
| Quick ratio | 2.51 |
| Working capital ratio | 45.9% |
| Solvency | 72.0% |
| Debt / equity | 0.39 |
| Long-term debt ratio | - |
| Interest coverage | 46.10 |
| Gross margin | - |
| Net margin | - |
| ROA | 8.7% |
| ROE | 12.1% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Balance-sheet composition 2025
Full annual accounts (22 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2025 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €92k |
| Fixed assets | 21/28 | €24k |
| Tangible fixed assets | 22/27 | €24k |
| Current assets | 29/58 | €68k |
| Stocks & contracts in progress | 3 | €3k |
| Amounts receivable within one year | 40/41 | €24k |
| Cash & bank | 54/58 | €39k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €92k |
| Equity | 10/15 | €66k |
| Contributions / capital | 10/11 | €19k |
| Reserves | 13 | €56k |
| Accumulated profits (losses) | 14 | €-8k |
| Amounts payable | 17/49 | €26k |
| Amounts payable within one year | 42/48 | €26k |
| Trade debts payable within one year | 44 | €7k |
| Income statement | ||
| Gross operating margin | 9900 | €18k |
| Operating result | 9901 | €10k |
| Financial charges | 65 | €348 |
| Result before taxes | 9903 | €10k |
| Income taxes | 67/77 | €2k |
| Net result for the period | 9904 | €8k |
| Result to be appropriated | 9905 | €8k |
Ratios computed by Checked.
Health barometer
FY 2025 · computed93
/ 100
Excellent
Computed from 4 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.
The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.
See plans →Computed by Checked from the NBB filing for FY 2025. Indicative, not credit advice.
Directors
Directors & mandates
1 director1 of this company's 1 Belgian State Gazette acts has not been read yet. Appointments and resignations recorded in them are missing below: a director who resigned there may therefore still show here as sitting. See the acts under Publications.
Current directors & mandates
-
BRANDS Erik JozefDirectorState Gazette act 24353695 (06-02-2024)Current06-02-2024 → present
2 events
- 06-02-2024 Resigned· Director
- 06-02-2024 Appointed· Director
Full appointment history from the Belgian State Gazette. Permanent representatives are shown for corporate directors.This list is read straight from this company's published acts, not from the officer register.
Insolvency mandates
No insolvency mandates (liquidators, administrators) on record for this company.
Legal Structure
| NACE primary | Overige werkzaamheden in verband met de afwerking van gebouwen(43350) |
| Legal form | Private limited company(610) |
| Incorporation | 14-02-1995 |
| Status | Active |
| Postal code | 3950 |
Structure & network
Locations & real estate
Registered office
on the map · from the address registerEstablishment units
1 locationBosschelweg 65, 3950 Bocholt
since 19952.070.587.140
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels1
Ground area903 m²
Buildings1
Building footprint151 m²
Volume (LiDAR)759 m³
Tallest building6.9 m · ±2 fl.
Real-estate footprint
Source: CBE × cadastre · address linkingParcels 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.
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 72016C0452/00Y000 | Flanders | 903 m² | 1 · 151 m² | 6.9 m · 2 fl. |
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Publications
Lifecycle & Insolvency Signals
No insolvency signals in the Belgian State Gazette
Belgisch Staatsblad · acts
1 act All acts · 1
updated 2 years ago
2024
06-02-2024 Articles of association amended
Summary:
v3.2
Analysis
Financial profile
4 of 5 axes measured85
/ 100
Strong profile, led by solvency.
Computed on 4 of 5 axes. Not measured: growth. An unmeasured axis is not a zero: no data was read for it.
Health
93
Profitability
61
Solvency
100
Growth
-
Stability
85
Credit advice
verdict per customer and amountSimilar
Similar companies
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We hold no filed accounts for this company, so a size comparison is not possible. These companies share only the sector and the region. We hold annual accounts for 647 of the 7,270 companies in this sector.
Company registry
Company registry (CBE)
Crossroads BankActivities
Overige werkzaamheden in verband met de afwerking van gebouwen43350Installatie van verwarming, klimaatregeling, koeling en ventilatie aangedreven door elektriciteit43222
Primary activity highlighted.
Names & trade names
| Legal nameNL | BRAGOVA |
Registered office
Bosschelweg 65
3950 Bocholt, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.