BRAINM Clinics
The computed 12-month bankruptcy probability of BRAINM Clinics is 0.1% (very low). The 2024 annual accounts show equity of €2.64M and a net result of €-104k. Equity is growing by ~760.7% per year across the filed fiscal years. Its solvency ranks better than 59% of 382 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €2.64M |
| Net result | €-104k |
| Better than sector | 59% |
| Active | 5 yrs |
Strong profile, led by solvency.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
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The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 63.4% | 50.3% | |
| Net result | €-104k | €72k | |
| Equity | €2.64M | €127k | |
| Gross operating margin | €105k | €179k | |
| Employees (FTE) | 0.0 | 2.2 |
| Fiscal year | 2024 |
|---|---|
| Revenue | - |
| EBITDA | €95k |
| Net profit | €-104k |
| Cash flow | €27k |
| Staff costs | - |
| Income taxes | - |
| Dividends | - |
| Total assets | €4.16M |
| Equity | €2.64M |
| Debt | €1.52M |
| of which ≤ 1y | €467k |
| of which > 1y | €1.06M |
| Working capital | €2.17M |
| Employees (FTE) | 0.0 |
| 2024 | |
|---|---|
| Current ratio | 5.64 |
| Quick ratio | 5.64 |
| Working capital ratio | 52.2% |
| Solvency | 63.4% |
| Debt / equity | 0.58 |
| Long-term debt ratio | 0.40 |
| Interest coverage | 1.67 |
| Gross margin | - |
| Net margin | - |
| ROA | -2.5% |
| ROE | -4.0% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €4.16M |
| Fixed assets | 21/28 | €1.34M |
| Formation expenses | 20 | €186k |
| Intangible fixed assets | 21 | €63k |
| Tangible fixed assets | 22/27 | €1.27M |
| Current assets | 29/58 | €2.64M |
| Amounts receivable within one year | 40/41 | €382k |
| Investments | 50/53 | €169k |
| Cash & bank | 54/58 | €2.07M |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €4.16M |
| Equity | 10/15 | €2.64M |
| Contributions / capital | 10/11 | €2.98M |
| Accumulated profits (losses) | 14 | €-339k |
| Amounts payable | 17/49 | €1.52M |
| Amounts payable after one year | 17 | €1.06M |
| Amounts payable within one year | 42/48 | €467k |
| Trade debts payable within one year | 44 | €229k |
| Income statement | ||
| Gross operating margin | 9900 | €105k |
| Operating result | 9901 | €-35k |
| Financial income | 75 | €35k |
| Financial charges | 65 | €57k |
| Result before taxes | 9903 | €-104k |
| Net result for the period | 9904 | €-104k |
| Result to be appropriated | 9905 | €-104k |
| NACE primary | Human health(86951) |
| Legal form | Public limited company(014) |
| Incorporation | 11-01-2021 |
| Status | Active |
| Postal code | 2000 |
Parcels 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.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11808H1220/00F000 | Flanders | 469 m² | 1 · 469 m² | 28.4 m · 9 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
22-01-2025 Capital increase of €29,919.60 to €720,428.57
- €690.508,97 → €720.428,57
- Inbreng in geld · Apport en numéraire
Technical details
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- €61.500 → €68.334
Technical details
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}21-05-2024 Capital increase of €1,000,000
- 3 kapitaalbewegingen in deze akte
Technical details
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},
{
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},
{
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"kind": "org",
"name": "ORION PR",
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},
{
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"kind": "person",
"name": "MAGLIANA Michael Mark",
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},
{
"kbo": null,
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"kind": "person",
"name": "VAN GANSBEKE Karel Lucien Adrien",
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},
{
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"kind": "person",
"name": "VEREECKE Eric Gilbert Louisa",
"role": "aandeelhouder",
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},
{
"kbo": null,
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"kind": "person",
"name": "SCHIETTECATTE Edward",
"role": "g\u00E9rant_statutaire",
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},
{
"kbo": null,
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"kind": "person",
"name": "BOON Paul",
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},
{
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"kind": "person",
"name": "YEE Stefan",
"role": "g\u00E9rant_statutaire",
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},
{
"kbo": null,
"pct": null,
"kind": "person",
"name": "CIGRANG Christian",
"role": "g\u00E9rant_statutaire",
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}
],
"share_classes_after": [
{
"n_shares": 68334,
"class_name": "A",
"capital_share_eur": 68334.0,
"voting_rights_per_share": 1.0
},
{
"n_shares": 19804,
"class_name": "B",
"capital_share_eur": 62164.0,
"voting_rights_per_share": 1.0
}
]
}25-11-2022 Transaction in capital or shares
Technical details
{
"events": [
{
"kind": "warrant_issuance",
"after_eur": null,
"delta_eur": null,
"before_eur": null,
"share_emission": {
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"share_form": null,
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"n_new_shares": 7000,
"with_new_shares": true,
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"issue_price_per_share_eur": 3.0
},
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}
],
"notary": {
"name": "G\u00E9rard INDEKEU",
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"firm_name": "G\u00E9rard INDEKEU -Dimitri CLEENEWERCK de CRAYENCOUR",
"office_city": "Brussel",
"is_associated": true
},
"act_meta": {
"language": "nl",
"pub_date": null,
"filing_date": "2022-11-08",
"act_kind_objet": "Onderwerp akte:"
},
"decision": {
"body": "buitengewone_algemene_vergadering",
"act_date": "2022-10-10",
"unanimous": true,
"under_authorized_capital": true,
"underlying_resolution_date": "2022-10-10"
},
"bedrijfsrevisor": null,
"subject_company": {
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"name_full": "BRAIN-NM",
"legal_form": "Naamloze Vennootschap",
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},
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},
"co_filed_documents": [
"expedition",
"plan financier",
"bankattest",
"verslag bedrijfsrevisor"
],
"shareholders_after": [],
"share_classes_after": []
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameNL | BRAINM Clinics |