BRAINBRIDGE
ActiveBRAINBRIDGE has been active since 1998 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.11M and a net result of €106k. Equity is shrinking by ~6.4% per year across the filed fiscal years. Its solvency ranks better than 23% of 1394 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
71
/ 100
Healthy▲ +8 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability25▲+15
Solvency17▲+1
Growth49▼-5
Stability100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €80k at 30 days acceptable
Liquidity tight (current ratio 1.05 against 1.03 in 2024), and 93.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Nine signals. The signal on the left, the evidence on the right.
−lowers risk+raises 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
Sector 62
lower
← 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
6.4%
Return on assets
0.6%
Age of the figures
8 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 23% of 1394 sector peers (2025).
NBB · sector comparisonPosition among 1394 sector peers
Solvency
better than 23%
← weakest
strongest →
lowers risk · Growing equity
Equity grew over 2023-2025. Profits are largely retained rather than distributed.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €1.1M
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 02-07-2026, 29 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
29 d early
2024
34 d early
2023
33 d early
2022
153 d late
2021
3 d early
2020
40 d early
2019
60 d late
← before the deadline
after the deadline →
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
12-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
€91.23M▼ 7.5%
2024 · €98.57M
2018: €34.98M
2019: €38.44M
2020: €39.17M
2021: €46.62M
2022: €56.76M
2023: €83.48M
2024: €98.57M
2018 → 2025
EBIT margin
0.2%▲ 0.1pp
2024 · 0.1%
2018: -0.2%
2019: 0.1%
2020: 0.0%
2021: 0.6%
2022: -0.3%
2023: 0.2%
2024: 0.1%
2018 → 2025
Net result
€106k▲ 1,998%
2024 · €5k
2018: €597k
2019: €-23k
2020: €1.37M
2021: €238k
2022: €-240k
2023: €97k
2024: €5k
2018 → 2025
Working capital
€804k▲ 61.0%
2024 · €499k
2018: €1.33M
2019: €1.24M
2020: €1.43M
2021: €1.37M
2022: €463k
2023: €428k
2024: €499k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€46.62M-€56.76M▲ 21.8%€83.48M▲ 47.1%€98.57M▲ 18.1%€91.23M▼ 7.5%
Equity€1.14M-€898k▼ 21.1%€995k▲ 10.8%€1,000k▲ 0.5%€1.11M▲ 10.6%
Operating result€276k-€-198k€145k€140k▼ 3.3%€225k▲ 60.5%
Net result€238k-€-240k€97k€5k▼ 94.8%€106k▲ 1,998%
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 61% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €17.26M
Fixed assets
€375k▼ 30.1%
Current assets
€16.88M▲ 5.5%
Equity and liabilities €17.26M
Equity
€1.11M▲ 10.6%
Provisions
€45k
Debt
€16.11M▲ 3.7%
The debt ratio falls from 94.0% to 93.3%: equity grows faster than debt.
Key figures and ratios
EBITDA
€330k▲
2024 · €273k
Cash flow
€210k▲
2024 · €138k
Solvency
6.4%▲
2024 · 6.0%
Current ratio
1.05▲
2024 · 1.03
Quick ratio
1.05▲
2024 · 1.03
Debt / equity
14.57▼
2024 · 15.54
ROE
9.6%▲
2024 · 0.5%
ROA
0.6%▲
2024 · 0.0%
Interest coverage
100.19▲
2024 · 61.29
Debt
€16.11M▲
2024 · €15.54M
Debt ≤ 1 year
€16.08M▲
2024 · €15.50M
Debt > 1 year
€3k▼
2024 · €35k
Income taxes
€71k▲
2024 · €30k
Staff costs
€1.46M▼
2024 · €1.80M
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€16.54M€17.26M▲
Fixed assets21/28€536k€375k▼
Intangible fixed assets21€143k€83k▼
Tangible fixed assets22/27€163k€72k▼
Plant, machinery and equipment23€95k€72k▼
Furniture and vehicles24€68k€422▼
Financial fixed assets28€230k€220k▼
Affiliated companies280/1€216k€216k=
Participating interests280€195k€195k=
Amounts receivable281€22k€22k=
Other financial fixed assets284/8€13k€3k▼
Amounts receivable and cash guarantees285/8€13k€3k▼
Current assets29/58€16.00M€16.88M▲
Amounts receivable after more than one year29€198k€198k=
Other amounts receivable291€198k€198k=
Amounts receivable within one year40/41€14.45M€14.44M▼
Trade receivables40€14.40M€14.40M=
Other amounts receivable41€54k€31k▼
Cash at bank and in hand54/58€1.15M€2.19M▲
Deferred charges and accrued income490/1€199k€65k▼
Equity and liabilities
Total equity and liabilities10/49€16.54M€17.26M▲
Equity10/15€1,000k€1.11M▲
Contributions10/11€9k€9k=
Reserves13€308k€308k=
Tax-exempt reserves132€7k€7k=
Distributable reserves133€301k€301k=
Profit (loss) carried forward14€683k€789k▲
Provisions and deferred taxes16-€45k
Provisions for liabilities and charges160/5-€45k
Other liabilities and charges164/5-€45k
Amounts payable17/49€15.54M€16.11M▲
Amounts payable after more than one year17€35k€3k▼
Financial debts170/4€35k€3k▼
Credit institutions173€35k€3k▼
Amounts payable within one year42/48€15.50M€16.08M▲
Current portion of amounts payable after more than one year42€66k€32k▼
Financial debts43€1.57M€1.18M▼
Credit institutions430/8€1.57M€1.18M▼
Trade debts44€13.25M€14.11M▲
Suppliers440/4€13.25M€14.11M▲
Taxes, remuneration and social security45€613k€748k▲
Taxes450/3€440k€576k▲
Remuneration and social security454/9€173k€172k▼
Other amounts payable47/48-€12k
Accrued charges and deferred income492/3-€25k
Income statement
Code20242025
Operating income70/76A€99.43M€91.97M▼
Turnover70€98.57M€91.23M▼
Other operating income74€860k€744k▼
Operating charges60/66A€99.29M€91.75M▼
Goods for resale, raw materials and consumables60€94.96M€87.69M▼
Purchases600/8€94.96M€87.69M▼
Services and other goods61€2.20M€2.25M▲
Remuneration, social security and pensions62€1.80M€1.46M▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€133k€104k▼
Provisions for liabilities and charges: additions (uses and reversals)635/8-€45k
Other operating charges640/8€203k€162k▼
Non-recurring operating charges66A-€31k
Operating profit (loss)9901€140k€225k▲
Financial income75/76B€37k€36k▼
Recurring financial income75€37k€36k▼
Income from current assets751€840-
Other financial income752/9€36k€36k▲
Financial charges65/66B€142k€85k▼
Recurring financial charges65€142k€85k▼
Debt charges650€4k€3k▼
Other financial charges652/9€137k€82k▼
Profit (loss) for the period before taxes9903€35k€177k▲
Income taxes67/77€30k€71k▲
Taxes670/3€30k€71k▲
Profit (loss) for the period9904€5k€106k▲
Profit (loss) for the period to be appropriated9905€5k€106k▲
Appropriation of the result
Profit (loss) to be appropriated9906€683k€789k▲
Profit (loss) brought forward from the previous period14P€678k€683k▲
Social balance
Average headcount (FTE)908720.817.1▼
The notes to these accounts (66 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
02-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial
Equity above €1MEq €1.11M ▲10.6%
3 profitable years in a row build equity to €1.11M.
27-06
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
28-06
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Back to profitnet €97k
Net result €97k after one loss-making year.
31-12
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 153 days late
2022
31-12
Financial
Weakest financial yearnet €-240k ▼201%
Net result drops to €-240k, the lowest in the series; recovery starts the following year.
28-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
21-06
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial
Back to profitnet €1.37M
Net result €1.37M after one loss-making year.
31-12
Financial
Equity above €2MEq €2.82M ▲94.6%
Equity rises from €1.45M to €2.82M.
29-09
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 60 days late
2019
27-09
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 58 days late
2018
20-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
12-09
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 43 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
no sitting director, no change since 2022
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
18-02-2022
BRAINBRIDGE HOLDING: Resigned as Director
17-08-2010
Peter DESART: Resigned as Manager
Location & real-estate footprint
Registered office, Antwerpen · 2 establishment units since 1998
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.
Straatsburgdok-Noordkaai 32030 AntwerpenGround area
1.9 ha
Building footprint
3,372 m²
Volume, LiDAR
30,153 m³
2 parcels, Flanders, Wallonia · tallest building 15.8 m, ±4 floors. Linked by address, not a title deed.
2 establishment units
Brainbridge
since 19982.086.230.468
Brainbridge SUD
since 20152.240.038.420
2 parcels
Flanders
1
(50%)
Wallonia
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25112N0017/00A002 | Wallonia | 1.7 ha | 1 · 1,071 m² | 14.7 m · 4 fl. |
| 11807G2128/00X002 | Flanders | 2,326 m² | 1 · 2,301 m² | 15.8 m · 3 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.
Structure & network
Connections & network
1 connected companyNetwork connections
Shared address
→
Public money · subsidies and aid
Flemish government
2022 to 2025 · 6 entries · 22,233 EUR awarded · 22,233 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 2 | 14,600 EUR | 14,600 EUR |
| 2024 | 1 | 620 EUR | 620 EUR |
| 2023 | 1 | 275 EUR | 275 EUR |
| 2022 | 2 | 6,738 EUR | 6,738 EUR |
Schemes
Individueel Maatwerk
Vlaamse ondersteuningspremie (VOP) voor werkgevers (uitdovend stelsel)
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 16,811 companies in sector 62100 we hold annual accounts for 8,748. 3,862 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded02-04-1998
Fiscal year end31-12
Activities, NACEBEL
62010Computer programming, consultancy and related activities
62020IT consultancy
62100Computer programming
62200Computer consultancy and computer facilities management
72100
72220
62900Other information technology and computer services
Sources
Crossroads Bank for EnterprisesNational Bank · 27 filingsAddress and cadastre registers
Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.