Equity
€80,597 from €179,448 in 2022
Equity fell by 55% in 3 years.
BRAINSTARTING
Lifetime
20 annual accounts with figures on one time axis, 34 filings since 1992peak €73,195 (2022)
-€8,186▲ €7,189
lowest -€61,063 (2023)
-€16,197▲ €5,395
peak €179,448 (2022)
€80,597▼ 16.7%
€4,950▼ 71.9%
peak 0.2 FTE (2012)
-not published
Board1 name since 2021
1 directorVanderlinden Eric
Documentsfilings and deeds
08-09-202639 days late
2025abbreviated format
Gross margin from -€15,375 to -€8,186Loss of €16,197Equity from €96,794 to €80,597Debts from €17,593 to €4,950Cash from €56,773 to €35,662
Key points
from the 2025 annual accountsLosses
-€98,850 in three years
Every financial year from 2023 to 2025 closed with a loss. 2023 was the heaviest.
Liquidity
16.47 was 6.10 in 2024
Short-term debts fell from €17,593 to €4,950.
2025 accounts filed 39 days after the deadline
Checked score
92
Excellent
Financially stronger than 53% of micro companies in office administrative support (NACE 82)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.2% across 12,672 companies (NACE 82, micro).
About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.1%
01-2025: 0.1%● unchanged vs 12-2024
02-2025: 0.1%● unchanged vs 01-2025
03-2025: 0.1%● unchanged vs 02-2025
04-2025: 0.1%● unchanged vs 03-2025
05-2025: 0.1%● unchanged vs 04-2025
06-2025: 0.1%● unchanged vs 05-2025lowest value
07-2025: 0.1%● unchanged vs 06-2025
08-2025: 0.1%● unchanged vs 07-2025
09-2025: 0.1%● unchanged vs 08-2025
10-2025: 0.1%● unchanged vs 09-2025
11-2025: 0.1%● unchanged vs 10-2025
12-2025: 0.1%● unchanged vs 11-2025
01-2026: 0.1%● unchanged vs 12-2025
02-2026: 0.1%● unchanged vs 01-2026
03-2026: 0.1%● unchanged vs 02-2026
04-2026: 0.1%● unchanged vs 03-2026
05-2026: 0.1%● unchanged vs 04-2026
06-2026: 0.1%● unchanged vs 05-2026
07-2026: 0.1%● unchanged vs 06-2026
08-2026: 0.2%▲ +0.1 percentage points vs 07-2026
09-2026: 0.2%● unchanged vs 08-2026highest value
10-2026: 0.1%▼ -0.1 percentage points vs 09-2026
11-2026: 0.1%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
raises risk
Last filed accounts filed 39 days late; 2 of the last 3 accounts late
Loss of €16,197, the second in a row (financial year 2025)
lowers risk
Liquidity: current ratio 16.47, cash €35,662
Equity €80,597 (94.2% of total assets)
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 82, micro). It does better than 88% of them on solvency, 97% on liquidity, 5% on profitability and 23% on growth.
The bankruptcy probability was computed on 10-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 5,831 companies had the same profile as BRAINSTARTING has now. Each dot stands for 15 companies, two years later.
84.5%
were still trading
13.4%
stopped another way
1.7%
went bankrupt
Another 0.4% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of BRAINSTARTING itself is lower: 0.1% within 12 months. It rests on far more data about BRAINSTARTING than the profile alone.
Test of the method
The method was tested on the 497,448 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 5,831 companies, not a prediction for BRAINSTARTING. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €7,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 16.47 (6.1 in 2024), above the usual 1.5. Short-term debt is 5.8% and cash 41.7% of total assets. 5.8% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises risk
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year -€16,197
raises risk · 2025 accounts filed 39 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 08-09-2026, 39 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filingsDeviation from the deadline
2025
39 days late
2024
71 days late
2023
21 days late
2022
29 days late
2021
46 days late
2020
30 days late
2019
26 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 37 days after the deadline. In the sector (NACE 82), the median for financial year 2024 was 7 days before the deadline, and 35% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 8 September (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
11-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
First establishment
Rue de la Porte 2, Perwez
Incorporation
published on 18-09-1991 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| BRAINSTARTING Perwez | €85,547 | -€8,186 | 94.2% | - |
| VICE VERSA Leuven | €83,293 | -€2,445 | 94.8% | - |
| AFFLUENT ENERGY Genk | €93,816 | -€12,639 | -30.2% | - |
| Café De Ster Sint-Niklaas | €74,397 | -€8,389 | 97.0% | - |
| ALFASOFT Oostkamp | €81,859 | -€773 | 99.7% | - |
| ECOMURET BENELUX SRL Comblain-au-Pont | €88,818 | -€3,810 | -63.5% | - |
| CALLENS-GELDBELEGGINGEN Anzegem | €85,936 | -€4,022 | 97.8% | - |
These companies have the same main activity as BRAINSTARTING: other business support services (NACE 82990). They are comparable in size and age: total assets between €74,400 and €93,800, founded between 1986 and 1995.
Official details
Source: KBO- Status
- Active since 27-08-1991Normal situation
- Activity
- Other business support servicesNACE 82990and 1 other
- Establishment unit
- 2.054.899.8641360 Perwez, since 28-10-1991
- Financial year end
- 31 December
- Peppol
- Not found in the Peppol Directory
Insights on BRAINSTARTING
BRAINSTARTING files the abbreviated format. That format states no turnover. The gross margin fell from €39,981 in 2006 to -€8,186 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about BRAINSTARTING
- What is the company number of BRAINSTARTING?
- The company number of BRAINSTARTING is 0444.933.159. The VAT number is the same number with BE in front: BE 0444.933.159.
- Where is BRAINSTARTING based?
- The registered office is at Rue de la Porte 8, 1360 Perwez.Company details
- What does BRAINSTARTING do?
- According to the KBO register, the main activity is other business support services (NACE 82990).
- What is the legal form of BRAINSTARTING?
- BRAINSTARTING is a private limited company (pre-2019) (BVBA).
- When was BRAINSTARTING founded?
- BRAINSTARTING was founded on 27-08-1991.
- Is BRAINSTARTING still active?
- Yes, BRAINSTARTING is an active enterprise in the KBO register.
- How many employees does BRAINSTARTING have?
- BRAINSTARTING had an average of 0.3 full-time equivalents in financial year 2022, according to the filed annual accounts.Financials
- What is the turnover of BRAINSTARTING?
- The annual accounts for financial year 2025 state no turnover.
- Is BRAINSTARTING profitable?
- In financial year 2025, BRAINSTARTING made a loss of €16,197.
- Where can I find the annual accounts of BRAINSTARTING?
- BRAINSTARTING filed 34 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of BRAINSTARTING due?
- BRAINSTARTING must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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