BRAINS@WORK
ActiveSummary
BRAINS@WORK has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €4,928 and a net result of €1,834. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 18% of 3210 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability67▼-13
Solvency40=
Growth67=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
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Signals
Six 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 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← 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
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 18% of 3210 sector peers (2025).
NBB · sector comparisonPosition among 3210 sector peers
Solvency
better than 18%
← weakest
strongest →
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
19202122232425
2019 to 2025 · latest year €4,928
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 23-09-2026, 54 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 7 filingsDeviation from the deadline
2025
54 d late
2024
12 d late
2023
106 d late
2022
70 d late
2021
79 d early
2020
57 d early
2019
119 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 2 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.
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
27-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, full schema
Turnover
€173,978▲ 15.9%
2024 · €150,146
EBIT margin
5.8%▼ 3.2pp
2024 · 9.0%
Net result
€1,834▼ 40.4%
2024 · €3,075
Working capital
-€1,353▲ 49.5%
2024 · -€2,679
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Turnover€111,661€121,871▲ 9.1%€150,146▲ 23.2%€173,978▲ 15.9%
Operating result€1,543€9,151▲ 493%€1,023▼ 88.8%€13,548▲ 1,224%€10,160▼ 25.0%
Net result-€464▲ 86.5%€3,325-€5,771€3,075€1,834▼ 40.4%
EBIT margin8.2%0.8%▼ 7.4pp9.0%▲ 8.2pp5.8%▼ 3.2pp
Equity€2,465▼ 15.8%€5,790▲ 135%€19▼ 99.7%€3,094▲ 16,124%€4,928▲ 59.3%
Total assets€13,473▼ 51.4%€24,438▲ 81.4%€20,056▼ 17.9%€20,830▲ 3.9%€32,625▲ 56.6%
Debt€11,009▼ 55.6%€18,648▲ 69.4%€20,037▲ 7.4%€17,736▼ 11.5%€27,697▲ 56.2%
Working capital€314▼ 98.1%€2,000▲ 536%-€2,305-€2,679▼ 16.2%-€1,353▲ 49.5%
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 25% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €32,625
Fixed assets
€6,281 ▲ 8.8%
Current assets
€26,344 ▲ 75.0%
Equity and liabilities €32,625
Equity
€4,928 ▲ 59.3%
Debt
€27,697 ▲ 56.2%
Debt's share of the balance-sheet total falls from 85.1% to 84.9%. Equity and debt are higher.
Key figures and ratios
EBITDA
€13,135▼
2024 · €16,674
Cash flow
€4,809▼
2024 · €6,200
Current ratio
0.95▲
2024 · 0.85
Debt to equity
5.62▼
2024 · 5.73
ROE
37.2%▼
2024 · 99.4%
ROA
5.6%▼
2024 · 14.8%
Interest coverage
12.34▼
2024 · 18.74
Debt ≤ 1 year
€27,697▲
2024 · €17,736
Income taxes
€7,262▼
2024 · €9,584
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | - | €111,661 | €121,871 | €150,146 | €173,978 | ▲ 15.9% |
| Non-recurring operating income76A | - | €53,793 | €5,421 | - | €33,813 | - |
| Goods, raw materials, services and sundry goods60/61 | - | €151,103 | €123,769 | €153,615 | €193,012 | ▲ 25.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €942 | €1,381 | €1,466 | €3,125 | €2,974 | ▼ 4.8% |
| Other operating charges640/8 | €55 | €3,819 | €1,033 | €1,043 | €1,644 | ▲ 57.6% |
| Gross operating margin9900 | €2,539 | €14,350 | €3,523 | €17,717 | €14,779 | ▼ 16.6% |
| Operating profit (loss)9901 | €1,543 | €9,151 | €1,023 | €13,548 | €10,160 | ▼ 25.0% |
| Financial charges65/66B | €1,127 | €725 | €891 | €890 | €1,064 | ▲ 19.6% |
| Recurring financial charges65 | €1,127 | €725 | €891 | €890 | €1,064 | ▲ 19.6% |
| Profit (loss) for the period before taxes9903 | €416 | €8,425 | €132 | €12,659 | €9,096 | ▼ 28.1% |
| Income taxes67/77 | €880 | €5,100 | €5,904 | €9,584 | €7,262 | ▼ 24.2% |
| Profit (loss) for the period9904 | -€464 | €3,325 | -€5,771 | €3,075 | €1,834 | ▼ 40.4% |
| Profit (loss) for the period to be appropriated9905 | -€464 | €3,325 | -€5,771 | €3,075 | €1,834 | ▼ 40.4% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €13,473 | €24,438 | €20,056 | €20,830 | €32,625 | ▲ 56.6% |
| Fixed assets21/28 | €2,150 | €3,790 | €2,324 | €5,773 | €6,281 | ▲ 8.8% |
| Tangible fixed assets22/27 | €2,150 | €3,790 | €2,324 | €5,773 | €6,281 | ▲ 8.8% |
| Furniture and vehicles24 | €2,150 | €3,790 | €2,324 | €1,517 | €1,062 | ▼ 30.0% |
| Other tangible fixed assets26 | - | - | - | €4,256 | €5,218 | ▲ 22.6% |
| Current assets29/58 | €11,323 | €20,648 | €17,731 | €15,057 | €26,344 | ▲ 75.0% |
| Amounts receivable within one year40/41 | €8,877 | €15,005 | €11,203 | €12,456 | €22,602 | ▲ 81.5% |
| Trade receivables40 | €8,333 | €13,184 | €9,928 | €12,456 | €16,614 | ▲ 33.4% |
| Other amounts receivable41 | €544 | €1,821 | €1,275 | - | €5,988 | - |
| Current investments50/53 | €932 | €932 | €932 | €932 | - | - |
| Cash at bank and in hand54/58 | €992 | €1,973 | €5,597 | €1,669 | €3,742 | ▲ 124% |
| Deferred charges and accrued income490/1 | €523 | €2,738 | - | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €13,473 | €24,438 | €20,056 | €20,830 | €32,625 | ▲ 56.6% |
| Equity10/15 | €2,465 | €5,790 | €19 | €3,094 | €4,928 | ▲ 59.3% |
| Contributions10/11 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Capital10 | - | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Issued capital100 | - | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Reserves13 | €9 | €620 | €620 | €620 | €620 | = |
| Non-distributable reserves130/1 | €9 | €620 | €620 | €620 | €620 | = |
| Legal reserve130 | - | €620 | €620 | €620 | €620 | = |
| Reserves not available under the articles1311 | €9 | - | - | - | - | - |
| Profit (loss) carried forward14 | -€3,744 | -€1,030 | -€6,801 | -€3,726 | -€1,892 | ▲ 49.2% |
| Amounts payable17/49 | €11,009 | €18,648 | €20,037 | €17,736 | €27,697 | ▲ 56.2% |
| Amounts payable within one year42/48 | €11,009 | €18,648 | €20,037 | €17,736 | €27,697 | ▲ 56.2% |
| Trade debts44 | €1,359 | €4,583 | - | €2,072 | - | - |
| Suppliers440/4 | €1,359 | €4,583 | - | €2,072 | - | - |
| Taxes, remuneration and social security45 | €1,529 | €6,399 | €12,083 | €15,664 | €14,229 | ▼ 9.2% |
| Taxes450/3 | €1,529 | €6,112 | €6,576 | €12,702 | €14,229 | ▲ 12.0% |
| Remuneration and social security454/9 | - | €287 | €5,507 | €2,961 | - | - |
| Other amounts payable47/48 | €8,121 | €7,665 | €7,954 | - | €13,468 | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€464 | €3,325 | -€5,771 | €3,075 | €1,834 | ▼ 40.4% |
| + Depreciation and write-downs630 | €942 | €1,381 | €1,466 | €3,125 | €2,974 | ▼ 4.8% |
| Operating cash flow (approximation) | €478 | €4,706 | -€4,305 | €6,200 | €4,809 | ▼ 22.4% |
| Investment in fixed assets (approximation) | - | -€3,021 | €0 | -€6,574 | -€3,482 | ▲ 47.0% |
| Change in cash | - | €981 | €3,624 | -€3,928 | €2,073 | ▲ 153% |
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
23-09
NBB filing
Annual accounts filed
fiscal year 2025 · full schema · 54 days late
2025
12-08
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 12 days late
2024
31-12
Financial
Back to profitnet €3,075
Net result €3,075 after one loss-making year.
14-11
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 106 days late
2023
31-12
Financial
Weakest financial yearnet -€5,771
Net result drops to -€5,771, the lowest in the series; recovery starts the following year.
09-10
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 70 days late
2022
31-12
Financial
Back to profitnet €3,325
Net result €3,325 after 2 loss-making years.
13-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
04-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
03-04
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 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
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, Tubize · 1 establishment unit since 2019
Ground area
396 m²
Parcel 25105C0335/00Y005, Wallonia. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
BRAINS@WORK
since 20192.285.884.380
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25105C0335/00Y005 | Wallonia | 396 m² | - | - |
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.
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Of 82,642 companies in sector 70200 we hold annual accounts for 52,590. 15,447 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 (pre-2019)
Founded29-01-2019
Fiscal year end31-12
Abbreviation FR
B@W
Activities, NACEBEL 2025
70200Business and other management consultancy
73110Advertising agencies
81300Landscape service activities
E-invoicing
Reachable via Peppol
Peppol ID
0208:0719552136
Registered
16-01-2026
Register as of 26 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.