BRAINM Clinics
ActiveSummary
BRAINM Clinics has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.90M and a net result of €267k. Equity is growing by ~81.3% per year across the filed fiscal years. Its solvency ranks better than 55% of 637 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
93
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability76▲+46
Solvency85▼-3
Growth78▲+26
Track record94
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €260k at 30 days acceptable
Liquidity ample (current ratio 4.05 against 5.64 in 2024; short-term debt: 14.9% and cash: 46% of total assets), and 39.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five 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 86
Relative position
BE, all sectors
reference
Sector 86
lower
← fewer bankruptcies
more bankruptcies →
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
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
60.3%
Return on assets
5.5%
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 03-07-2026, 28 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
28 d early
2024
21 d early
2023
34 d early
2022
26 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
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€267k
2024 · €-104k
2022: €-59k
2023: €-175k
2024: €-104k
2022 → 2025
Working capital
€2.18M▲ 0.5%
2024 · €2.17M
2022: €-344k
2023: €-466k
2024: €2.17M
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€2k-€-173k€2.64M€2.90M▲ 10.1%
Operating result€-52k-€-139k▼ 166%€-35k▲ 74.6%€332k
Net result€-59k-€-175k▼ 196%€-104k▲ 40.6%€267k
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €332k after a loss of €35k in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €4.66M
Fixed assets
€1.76M ▲ 32.1%
Current assets
€2.89M ▲ 9.8%
Equity and liabilities €4.81M
Equity
€2.90M ▲ 10.1%
Debt
€1.91M ▲ 25.4%
Debt's share of the balance-sheet total rises from 36.6% to 39.7%. Equity and debt are higher.
Key figures and ratios
EBITDA
€592k▲
2024 · €95k
Cash flow
€527k▲
2024 · €27k
Current ratio
4.05▼
2024 · 5.64
Debt to equity
0.66▲
2024 · 0.58
ROE
9.2%▲
2024 · -4.0%
ROA
5.5%▲
2024 · -2.5%
Interest coverage
11.24▲
2024 · 1.67
Debt ≤ 1 year
€715k▲
2024 · €467k
Debt > 1 year
€1.19M▲
2024 · €1.06M
Staff costs
€7k
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 · 53 lines
Balance sheet
Code20242025
Assets
Total assets20/58€4.16M€4.81M▲
Formation expenses20€186k€153k▼
Fixed assets21/28€1.34M€1.76M▲
Intangible fixed assets21€63k€356k▲
Tangible fixed assets22/27€1.27M€1.41M▲
Plant, machinery and equipment23€65k€65k▲
Furniture and vehicles24€2k€20k▲
Leasing and similar rights25€681k€724k▲
Other tangible fixed assets26€526k€599k▲
Current assets29/58€2.64M€2.89M▲
Amounts receivable within one year40/41€382k€469k▲
Trade receivables40€351k€427k▲
Other amounts receivable41€31k€42k▲
Current investments50/53€169k€153k▼
Cash at bank and in hand54/58€2.07M€2.22M▲
Deferred charges and accrued income490/1€21k€58k▲
Equity and liabilities
Total equity and liabilities10/49€4.16M€4.81M▲
Equity10/15€2.64M€2.90M▲
Contributions10/11€2.98M€2.98M=
Capital10€720k€720k=
Issued capital100€720k€720k=
Outside capital11€2.25M€2.25M=
Share premium1100/10€2.25M€2.25M=
Profit (loss) carried forward14€-339k€-72k▲
Amounts payable17/49€1.52M€1.91M▲
Amounts payable after more than one year17€1.06M€1.19M▲
Financial debts170/4€1.06M€1.19M▲
Amounts payable within one year42/48€467k€715k▲
Current portion of amounts payable after more than one year42€84k€164k▲
Trade debts44€229k€444k▲
Suppliers440/4€229k€444k▲
Advances received on contracts in progress46€67k€55k▼
Taxes, remuneration and social security45€19k€43k▲
Taxes450/3€19k€41k▲
Remuneration and social security454/9-€2k
Other amounts payable47/48€69k€9k▼
Accrued charges and deferred income492/3€0-
Income statement
Code20242025
Remuneration, social security and pensions62-€7k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€131k€260k▲
Other operating charges640/8€10k€5k▼
Gross operating margin9900€105k€605k▲
Operating profit (loss)9901€-35k€332k▲
Financial income75/76B€35k€25k▼
Recurring financial income75€35k€25k▼
Financial charges65/66B€104k€90k▼
Recurring financial charges65€57k€53k▼
Non-recurring financial charges66B€47k€38k▼
Profit (loss) for the period before taxes9903€-104k€267k▲
Profit (loss) for the period9904€-104k€267k▲
Profit (loss) for the period to be appropriated9905€-104k€267k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-339k€-72k▲
Profit (loss) brought forward from the previous period14P€-235k€-339k▼
Social balance
Average headcount (FTE)90870.00.1▲
The notes to these accounts (22 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
03-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial
Back to profitnet €267k
Net result €267k after 3 loss-making years.
10-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Liquidity times 12current ratio 5.64
Current ratio from 0.49 to 5.64; short-term debt falls from €906k to €467k.
31-12
Financial
Equity above €2MEq €2.64M
Equity rises from €-173k to €2.64M.
27-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Weakest financial yearnet €-175k
Net result drops to €-175k, the lowest in the series; recovery starts the following year.
05-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Antwerpen · 1 establishment unit since 2021
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.
Frankrijklei 472000 AntwerpenGround area
469 m²
Building footprint
469 m²
Volume, LiDAR
7,628 m³
Parcel 11808H1220/00F000, Flanders · tallest building 28.4 m, ±9 floors. Linked by address, not a title deed.
1 establishment unit
BRAIN-NM
since 20212.327.041.480
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11808H1220/00F000 | Flanders | 469 m² | 1 · 469 m² | 28.4 m · 9 fl. |
Linked by address, not proof of ownership
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.
Similar companies · same sector, comparable size
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PULDERBOS REVALIDATIECENTRUM VOOR KINDEREN EN JONGEREN
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PP-INVEST
BE 0457.291.157
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DOKTER LEFEVERE VALERIE
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Of 12,686 companies in sector 86951 we hold annual accounts for 2,142. 131 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 formPublic limited company
Founded11-01-2021
Fiscal year end31-12
Activities, NACEBEL 2025
86951Physiotherapy
86959Human health activities
62100Computer programming
62200Computer consultancy and computer facilities management
72109Other research and development on natural sciences
77399Renting and leasing of other machinery, equipment and tangible goods
82100Office administrative and support services
82300Organisation of conventions and trade shows
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.