BRAIN +
ActiveSummary
BRAIN + has been active since 1998 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €159k and a net result of €3k. Equity is growing by ~23.7% per year across the filed fiscal years. Its solvency ranks better than 71% of 17090 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability71▼-29
Solvency100▲+19
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €14k at 30 days acceptable
Liquidity ample (current ratio 3.16 against 1.98 in 2024; short-term debt: 22.3% and cash: 47.9% of total assets), and 22.3% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Computer programming, consultancy and related activities (NACE 62)
about 64% 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
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
77.7%
Return on assets
1.6%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 14-07-2026, 17 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
17 d early
2024
3 d early
2023
2 d early
2022
on the day
2021
11 d early
2020
5 d early
2019
11 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
Financials · fiscal year 2025, micro schema
Equity
€159k▲ 2.1%
2024 · €156k
2018: €37klowest in 8 years
2019: €51k▲ +38.6% vs 2018
2020: €85k▲ +66.0% vs 2019
2021: €101k▲ +19.0% vs 2020
2022: €99k▼ -2.4% vs 2021
2023: €123k▲ +24.3% vs 2022
2024: €156k▲ +26.6% vs 2023
2025: €159k▲ +2.1% vs 2024highest in 8 years
2018 → 2025
Total assets
€205k▼ 26.5%
2024 · €278k
2018: €168k
2019: €163k▼ -2.9% vs 2018lowest in 8 years
2020: €215k▲ +32.3% vs 2019
2021: €215k▲ +0.1% vs 2020
2022: €187k▼ -13.0% vs 2021
2023: €205k▲ +9.3% vs 2022
2024: €278k▲ +35.9% vs 2023highest in 8 years
2025: €205k▼ -26.5% vs 2024
2018 → 2025
Net result
€3k▼ 96.8%
2024 · €104k
2018: €20k
2019: €14k▼ -29.9% vs 2018
2020: €34k▲ +137% vs 2019
2021: €16k▼ -52.2% vs 2020
2022: €-2k▼ -115% vs 2021lowest in 8 years
2023: €43k▲ +1860% vs 2022
2024: €104k▲ +144% vs 2023highest in 8 years
2025: €3k▼ -96.8% vs 2024
2018 → 2025
Working capital
€98k▼ 0.4%
2024 · €99k
2018: €46k
2019: €53k▲ +15.1% vs 2018
2020: €50k▼ -6.7% vs 2019
2021: €37k▼ -25.9% vs 2020
2022: €29k▼ -20.0% vs 2021lowest in 8 years
2023: €51k▲ +73.0% vs 2022
2024: €99k▲ +94.7% vs 2023highest in 8 years
2025: €98k▼ -0.4% vs 2024
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€101k-€99k▼ 2.4%€123k▲ 24.3%€156k▲ 26.6%€159k▲ 2.1%
2021: €101k
2022: €99k▼ -2.4% vs 2021lowest in 5 years
2023: €123k▲ +24.3% vs 2022
2024: €156k▲ +26.6% vs 2023
2025: €159k▲ +2.1% vs 2024highest in 5 years
Operating result€29k-€24k▼ 16.9%€53k▲ 119%€147k▲ 179%€5k▼ 96.5%
2021: €29k
2022: €24k▼ -16.9% vs 2021
2023: €53k▲ +119% vs 2022
2024: €147k▲ +179% vs 2023highest in 5 years
2025: €5k▼ -96.5% vs 2024lowest in 5 years
Net result€16k-€-2k€43k€104k▲ 144%€3k▼ 96.8%
2021: €16k
2022: €-2k▼ -115% vs 2021lowest in 5 years
2023: €43k▲ +1860% vs 2022
2024: €104k▲ +144% vs 2023highest in 5 years
2025: €3k▼ -96.8% vs 2024
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 2025; 2025 is 96% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €205k
Fixed assets
€60k ▼ 23.0%
Current assets
€144k ▼ 27.9%
Equity and liabilities €205k
Equity
€159k ▲ 2.1%
Debt
€46k ▼ 62.8%
Debt's share of the balance-sheet total falls from 44.1% to 22.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€31k▼
2024 · €172k
Cash flow
€29k▼
2024 · €129k
Current ratio
3.16▲
2024 · 1.98
Quick ratio
2.93▲
2024 · 1.92
Debt to equity
0.29▼
2024 · 0.79
ROE
2.1%▼
2024 · 66.9%
ROA
1.6%▼
2024 · 37.4%
Interest coverage
54.33▲
2024 · 35.88
Debt ≤ 1 year
€46k▼
2024 · €101k
Income taxes
€2k▼
2024 · €39k
Staff costs
€136
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 · 2025 against 2024 · 48 lines
Balance sheet
Code20242025
Assets
Total assets20/58€278k€205k▼
Fixed assets21/28€78k€60k▼
Tangible fixed assets22/27€63k€45k▼
Land and buildings22€51k€31k▼
Plant, machinery and equipment23€12k€7k▼
Furniture and vehicles24-€6k
Financial fixed assets28€15k€15k=
Current assets29/58€200k€144k▼
Stocks and contracts in progress3€6k€10k▲
Stocks30/36€6k€10k▲
Amounts receivable within one year40/41€719€36k▲
Trade receivables40€719€21k▲
Other amounts receivable41-€15k
Cash at bank and in hand54/58€194k€98k▼
Equity and liabilities
Total equity and liabilities10/49€278k€205k▼
Equity10/15€156k€159k▲
Reserves13€57k€57k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€55k€55k=
Profit (loss) carried forward14€99k€102k▲
Amounts payable17/49€123k€46k▼
Amounts payable after more than one year17€22k-
Financial debts170/4€22k-
Amounts payable within one year42/48€101k€46k▼
Current portion of amounts payable after more than one year42-€5k
Trade debts44€8k€5k▼
Suppliers440/4€8k€5k▼
Taxes, remuneration and social security45€58k€35k▼
Taxes450/3€58k€35k▼
Other amounts payable47/48€35k-
Income statement
Code20242025
Remuneration, social security and pensions62-€136
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€25k€26k▲
Other operating charges640/8€2k€1k▼
Gross operating margin9900€174k€33k▼
Operating profit (loss)9901€147k€5k▼
Financial income75/76B€1k€571▼
Recurring financial income75€1k€571▼
Financial charges65/66B€5k€578▼
Recurring financial charges65€5k€578▼
Profit (loss) for the period before taxes9903€144k€5k▼
Income taxes67/77€39k€2k▼
Profit (loss) for the period9904€104k€3k▼
Profit (loss) for the period to be appropriated9905€104k€3k▼
Appropriation of the result
Profit (loss) to be appropriated9906€171k€102k▼
Profit (loss) brought forward from the previous period14P€66k€99k▲
Profit to be distributed694/7€71k-
Return on contributions (dividend)694€71k-
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | €404 | - | €136 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €22k | €26k | €27k | €25k | €26k | ▲ 6.0% |
| Other operating charges640/8 | €1k | €5k | €2k | €2k | €1k | ▼ 38.2% |
| Gross operating margin9900 | €52k | €55k | €82k | €174k | €33k | ▼ 81.2% |
| Operating profit (loss)9901 | €29k | €24k | €53k | €147k | €5k | ▼ 96.5% |
| Financial income75/76B | - | €0 | €620 | €1k | €571 | ▼ 51.9% |
| Recurring financial income75 | - | €0 | €620 | €1k | €571 | ▼ 51.9% |
| Financial charges65/66B | €4k | €3k | €4k | €5k | €578 | ▼ 87.9% |
| Recurring financial charges65 | €4k | €3k | €4k | €5k | €578 | ▼ 87.9% |
| Profit (loss) for the period before taxes9903 | €24k | €21k | €50k | €144k | €5k | ▼ 96.4% |
| Income taxes67/77 | €8k | €23k | €7k | €39k | €2k | ▼ 95.1% |
| Profit (loss) for the period9904 | €16k | €-2k | €43k | €104k | €3k | ▼ 96.8% |
| Profit (loss) for the period to be appropriated9905 | €16k | €-2k | €43k | €104k | €3k | ▼ 96.8% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €215k | €187k | €205k | €278k | €205k | ▼ 26.5% |
| Fixed assets21/28 | €146k | €134k | €112k | €78k | €60k | ▼ 23.0% |
| Tangible fixed assets22/27 | €145k | €128k | €106k | €63k | €45k | ▼ 28.6% |
| Land and buildings22 | €136k | €114k | €92k | €51k | €31k | ▼ 38.2% |
| Plant, machinery and equipment23 | €9k | €14k | €14k | €12k | €7k | ▼ 41.0% |
| Furniture and vehicles24 | - | - | - | - | €6k | - |
| Financial fixed assets28 | €1k | €6k | €6k | €15k | €15k | = |
| Current assets29/58 | €70k | €53k | €92k | €200k | €144k | ▼ 27.9% |
| Stocks and contracts in progress3 | €4k | €7k | €7k | €6k | €10k | ▲ 89.6% |
| Stocks30/36 | €4k | €7k | €7k | €6k | €10k | ▲ 89.6% |
| Amounts receivable within one year40/41 | €6k | €8k | €15k | €719 | €36k | ▲ 4,865% |
| Trade receivables40 | - | €3k | €15k | €719 | €21k | ▲ 2,803% |
| Other amounts receivable41 | €6k | €5k | - | - | €15k | - |
| Cash at bank and in hand54/58 | €59k | €39k | €71k | €194k | €98k | ▼ 49.4% |
| Deferred charges and accrued income490/1 | - | - | €368 | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €215k | €187k | €205k | €278k | €205k | ▼ 26.5% |
| Equity10/15 | €101k | €99k | €123k | €156k | €159k | ▲ 2.1% |
| Contributions10/11 | €19k | €19k | - | - | - | - |
| Reserves13 | €32k | €32k | €57k | €57k | €57k | = |
| Non-distributable reserves130/1 | €2k | €2k | €2k | €2k | €2k | = |
| Reserves not available under the articles1311 | €2k | €2k | €2k | €2k | €2k | = |
| Distributable reserves133 | €30k | €30k | €55k | €55k | €55k | = |
| Profit (loss) carried forward14 | €51k | €49k | €66k | €99k | €102k | ▲ 3.3% |
| Amounts payable17/49 | €114k | €89k | €82k | €123k | €46k | ▼ 62.8% |
| Amounts payable after more than one year17 | €81k | €61k | €40k | €22k | - | - |
| Financial debts170/4 | €81k | €61k | €40k | €22k | - | - |
| Amounts payable within one year42/48 | €33k | €24k | €42k | €101k | €46k | ▼ 54.8% |
| Current portion of amounts payable after more than one year42 | - | - | - | - | €5k | - |
| Trade debts44 | €6k | €2k | €15k | €8k | €5k | ▼ 32.5% |
| Suppliers440/4 | €6k | €2k | €15k | €8k | €5k | ▼ 32.5% |
| Taxes, remuneration and social security45 | €18k | €21k | €22k | €58k | €35k | ▼ 39.3% |
| Taxes450/3 | €17k | €21k | €20k | €58k | €35k | ▼ 39.3% |
| Remuneration and social security454/9 | €2k | - | €2k | - | - | - |
| Other amounts payable47/48 | €9k | - | €5k | €35k | - | - |
| Accrued charges and deferred income492/3 | - | €4k | - | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €16k | €-2k | €43k | €104k | €3k | ▼ 96.8% |
| + Depreciation and write-downs630 | €22k | €26k | €27k | €25k | €26k | ▲ 6.0% |
| Operating cash flow (approximation) | €39k | €24k | €70k | €129k | €29k | ▼ 77.1% |
| Investment in fixed assets (approximation) | - | €-14k | €-6k | €9k | €-8k | ▼ 188% |
| Change in cash | - | €-21k | €32k | €123k | €-96k | ▼ 178% |
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
Next filing, fiscal year 2026, expected by
2026
14-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
28-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2018net €104k ▲144%
Operating result €147k, net result €104k, both a record.
31-12
Financial
Equity above €150kEq €156k ▲26.6%
2 profitable years in a row build equity to €156k.
29-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €43k
Net result €43k after one loss-making year.
31-12
Financial
Equity above €100kEq €123k ▲24.3%
Equity rises from €99k to €123k.
31-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet €-2k
Net result drops to €-2k, the lowest in the series; recovery starts the following year.
20-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Equity above €100kEq €101k ▲19%
4 profitable years in a row build equity to €101k.
26-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
Show earlier events
2020
20-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
29-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
31-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
26-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 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
3 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, Bierbeek · 1 establishment unit since 1998
Ground area
458 m²
Building footprint
84 m²
Parcel 24065C0208/00H002, Flanders · tallest building 0.1 m. Linked by address, not a title deed.
1 establishment unit
Rijsmortelstraat 46, 3360 Bierbeek
since 19982.088.425.143
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24065C0208/00H002 | Flanders | 458 m² | 1 · 84 m² | 0.1 m |
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.
Similar companies · same sector, comparable size
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ENTRANCE
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BRAINSYS
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Of 29,993 companies in sector 62200 we hold annual accounts for 18,396. 15,269 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
Founded14-09-1998
Fiscal year end31-12
Activities, NACEBEL 2025
62200Computer consultancy and computer facilities management
43221Plumbing work
43333Wallpapering and laying of floor and wall coverings in other materials
46500Wholesale of information and communication equipment
77210Renting and leasing of sports and recreation goods
77399Renting and leasing of other machinery, equipment and tangible goods
85592Vocational training
Scores and ratios are computed by Checked and are not a credit decision.