BRAHMI
ActiveSummary
BRAHMI has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €88k and a net result of €29k. Equity is growing by ~76.7% per year across the filed fiscal years. Its solvency ranks better than 40% of 1330 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2024
59
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. A confirmed filing finding caps the score. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability68▼-32
Solvency62▼-16
Growth78=
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days only on tighter terms
Liquidity short (current ratio 0.98 against 1.8 in 2023; short-term debt: 62.5% and cash: 23% of total assets), and 62.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 42
Relative position
BE, all sectors
reference
Sector 42
higher
← fewer bankruptcies
more bankruptcies →
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 2024Solvency, return and age of the figures
Solvency
37.5%
Return on assets
12.4%
Age of the figures
21 mo
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 26-12-2025, 148 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 · 7 filingsDeviation from the deadline
2025
not confirmed
2024
148 d late
2023
91 d late
2022
on the day
2021
31 d late
2020
30 d late
2019
91 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€88k▲ 49.2%
2023 · €59k
2018: €3k
2019: €6k
2020: €13k
2021: €7k
2022: €29k
2023: €59k
2018 → 2024
Total assets
€236k▲ 111%
2023 · €112k
2018: €4k
2019: €18k
2020: €20k
2021: €52k
2022: €50k
2023: €112k
2018 → 2024
Net result
€29k▼ 3.5%
2023 · €30k
2018: €2k
2019: €3k
2020: €7k
2021: €-7k
2022: €22k
2023: €30k
2018 → 2024
Working capital
€-3k
2023 · €42k
2018: €825
2019: €5k
2020: €10k
2021: €-16k
2022: €9k
2023: €42k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€13k-€7k▼ 50.0%€29k▲ 331%€59k▲ 104%€88k▲ 49.2%
Operating result€10k-€-6k€29k€41k▲ 42.3%€29k▼ 28.4%
Net result€7k-€-7k€22k€30k▲ 35.4%€29k▼ 3.5%
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 2024; 2024 is 28% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €236k
Fixed assets
€92k ▲ 419%
Current assets
€144k ▲ 52.9%
Equity and liabilities €236k
Equity
€88k ▲ 49.2%
Debt
€147k ▲ 180%
Debt's share of the balance-sheet total rises from 47.0% to 62.5%. Equity and debt are higher.
Key figures and ratios
Current ratio
0.98▼
2023 · 1.80
Debt to equity
1.67▲
2023 · 0.89
ROE
33.0%▼
2023 · 51.0%
ROA
12.4%▼
2023 · 27.0%
Debt ≤ 1 year
€147k▲
2023 · €52k
Staff costs
€17k▼
2023 · €28k
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 · 2024 against 2023 · 43 lines
Balance sheet
Code20232024
Assets
Total assets20/58€112k€236k▲
Fixed assets21/28€18k€92k▲
Tangible fixed assets22/27€18k€92k▲
Plant, machinery and equipment23€6k€10k▲
Furniture and vehicles24€12k€82k▲
Current assets29/58€94k€144k▲
Amounts receivable within one year40/41€59k€90k▲
Trade receivables40€18k€7k▼
Other amounts receivable41€41k€82k▲
Cash at bank and in hand54/58€34k€54k▲
Deferred charges and accrued income490/1€1k-
Equity and liabilities
Total equity and liabilities10/49€112k€236k▲
Equity10/15€59k€88k▲
Contributions10/11€1k€1k=
Reserves13€456€456=
Distributable reserves133€456€456=
Profit (loss) carried forward14€58k€87k▲
Amounts payable17/49€53k€147k▲
Amounts payable within one year42/48€52k€147k▲
Financial debts43-€33k
Credit institutions430/8-€33k
Trade debts44€307€62k▲
Suppliers440/4€307€62k▲
Advances received on contracts in progress46-€37k
Taxes, remuneration and social security45€26k€15k▼
Taxes450/3€26k€15k▼
Other amounts payable47/48€26k-
Accrued charges and deferred income492/3€334-
Income statement
Code20232024
Remuneration, social security and pensions62€28k€17k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7k-
Other operating charges640/8€2k€5k▲
Gross operating margin9900€78k€51k▼
Operating profit (loss)9901€41k€29k▼
Financial income75/76B€1€5k▲
Recurring financial income75€1€5k▲
Financial charges65/66B€385€5k▲
Recurring financial charges65€385€5k▲
Profit (loss) for the period before taxes9903€41k€29k▼
Income taxes67/77€10k-
Profit (loss) for the period9904€30k€29k▼
Profit (loss) for the period to be appropriated9905€30k€29k▼
Appropriation of the result
Profit (loss) to be appropriated9906€58k€87k▲
Profit (loss) brought forward from the previous period14P€28k€58k▲
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
26-12
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 148 days late
2024
30-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 91 days late
2023
31-12
Financial
Highest result since 2018net €30k ▲35.4%
Operating result €41k, net result €30k, both a record.
31-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €22k
Net result €22k after one loss-making year.
31-12
Financial
Liquidity doublescurrent ratio 1.44
Current ratio from 0.63 to 1.44; short-term debt falls from €45k to €21k.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-12
Financial
Weakest financial yearnet €-7k ▼191%
Net result drops to €-7k, the lowest in the series; recovery starts the following year.
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
2020
30-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 91 days late
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Lebbeke · 1 establishment unit since 2018
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Brusselsesteenweg 3199280 LebbekeGround area
571 m²
Building footprint
292 m²
Volume, LiDAR
1,332 m³
2 parcels, Flanders · tallest building 9.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
HAVANA HOUSE
since 20182.273.895.279
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 42322D0524/00H002 | Flanders | 413 m² | 1 · 129 m² | 3.0 m · 1 fl. |
| 42402F0267/00L000 | Flanders | 158 m² | 1 · 163 m² | 9.6 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels 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 siteZele2.273.895.279
Similar companies · same sector, comparable size
DEMIR TECH
BE 1011.576.475
Zele · Eq €88,238
NICOLAS JANSSENS
BE 0438.989.138
Kapellen · Eq €87,934
Opritten en Terrassen Leys
BE 0766.533.392
Heist-op-den-Berg · Eq €88,942
LVB
BE 0772.704.374
Dessel · Eq €88,971
BEUSECOM GRONDVERZET
BE 0811.621.863
Kinrooi · Eq €87,488
Of 2,327 companies in sector 42110 we hold annual accounts for 1,097. 727 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded01-03-2018
Fiscal year end31-12
Activities, NACEBEL 2025
42110Construction of roads and motorways
56111Full-service restaurants
43990Other specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.