Skip to content

BRAINTOURS

Active
Private limited companyfounded 20206 yrs activeRue Libert (François) 13, 1410 Waterloo, BelgiumKBO/BCE: BE 0751.676.061
Summary

The computed 12-month bankruptcy probability of BRAINTOURS is 1.7% (moderate). The 2025 annual accounts show equity of €55,536 and a net result of €9,555. Equity is growing by ~12.4% per year across the filed fiscal years. Its solvency ranks better than 68% of 18537 sector peers (fiscal year 2025). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2025
Axes · tick = 2024
Profitability74▲+36
Solvency80▲+4
Growth52=
Track record100
Bankruptcy probability, 12 months
1.7% Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €3,500 at 30 days acceptable
Liquidity ample (current ratio 2.96 against 3.83 in 2024; short-term debt: 31.6% and cash: 72.7% of total assets), and 45.2% of the assets are financed with debt.
Credit check for your own amount and term

Open the credit simulator : see how the verdict changes with amount, term and advance.

Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 date
Age against the risk zone
highest failure risk from 2 to 8 years 6 years 0 10 y
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more bankruptcies
← fewer bankruptcies more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
54.8%
Return on assets
9.4%
Age of the figures
9 mo
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 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 · 5 filings
Deviation from the deadline
2025
28 d late
2024
106 d late
2023
26 d late
2022
32 d late
2021
31 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 5 accounts on average 45 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 46% 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 months
Position in the running window
27-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

BRAINTOURS was incorporated on 31 July 2020 as a Private limited company.1 Total assets rose from EUR 68,155 in 2021 to EUR 101,341 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2021 and 2025

Go further with this company

Is this your company? See how customers and banks see it.

Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2025, micro schema

Equity
€55,536▲ 14.6%
2024 · €48,481
Total assets
€101,341▲ 6.4%
2024 · €95,242
Net result
€9,555
2024 · -€3,448
Working capital
€62,604▲ 0.1%
2024 · €62,522
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
Operating result€26,378-€10,913▼ 58.6%€10,105▼ 7.4%-€808€13,475
Net result€19,567-€9,944▼ 49.2%€4,226▼ 57.5%-€3,448€9,555
Equity€31,567-€41,511▲ 31.5%€45,737▲ 10.2%€48,481▲ 6.0%€55,536▲ 14.6%
Total assets€68,155-€65,443▼ 4.0%€94,330▲ 44.1%€95,242▲ 1.0%€101,341▲ 6.4%
Debt€36,589-€23,932▼ 34.6%€48,593▲ 103%€46,761▼ 3.8%€45,805▼ 2.0%
Working capital€30,985-€32,335▲ 4.4%€59,472▲ 83.9%€62,522▲ 5.1%€62,604▲ 0.1%
Staff (FTE)1.31.4▲ 7.7%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€10,000€0€10,000€20,000€30,000Operating result 2021: €26,378€26,378Net result 2021: €19,567€19,567Operating result 2022: €10,913€10,913Net result 2022: €9,944€9,944Operating result 2023: €10,105€10,105Net result 2023: €4,226€4,226Operating result 2024: -€808-€808Net result 2024: -€3,448-€3,448Operating result 2025: €13,475€13,475Net result 2025: €9,555€9,55520212022202320242025-€5,000€0€5,000€10,000€15,000Operating result 2023: €10,105€10,100Net result 2023: €4,226€4,230Operating result 2024: -€808-€808Net result 2024: -€3,448-€3,450Operating result 2025: €13,475€13,500Net result 2025: €9,555€9,560202320242025
The operating result returns to profit in 2025: €13,475 after a loss of €808 in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €101,341
Fixed assets €6,754 ▼ 36.6%
Current assets €94,588 ▲ 11.8%
Equity and liabilities €101,341
Equity €55,536 ▲ 14.6%
Debt €45,805 ▼ 2.0%
Debt's share of the balance-sheet total falls from 49.1% to 45.2%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€21,068▲
2024 · €7,536
Cash flow
€17,148▲
2024 · €4,896
Current ratio
2.96▼
2024 · 3.83
Quick ratio
2.51▼
2024 · 2.88
Debt to equity
0.82▼
2024 · 0.96
ROE
17.2%▲
2024 · -7.1%
ROA
9.4%▲
2024 · -3.6%
Interest coverage
5.19▲
2024 · 2.87
Debt ≤ 1 year
€31,983▲
2024 · €22,061
Debt > 1 year
€13,754▼
2024 · €24,700
Income taxes
€2,360▲
2024 · €1,336
Staff costs
€30,141▲
2024 · €15,178
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 26,964 companies that looked in July 2024 the way this one looks now, 1.5% went bankrupt within 24 months and 95% are still going.

  • Micro
  • 5 to 10 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.5% went bankrupt
3.4% stopped otherwise
95% still going

A further 0.3% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 1.7% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.6%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 26,964 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 44 lines
Balance sheet Code20242025
Assets
Total assets20/58€95,242€101,341▲
Fixed assets21/28€10,659€6,754▼
Intangible fixed assets21€2,500-
Tangible fixed assets22/27€8,159€6,754▼
Furniture and vehicles24€8,159€6,754▼
Current assets29/58€84,583€94,588▲
Stocks and contracts in progress3€20,988€14,238▼
Stocks30/36€20,988€14,238▼
Amounts receivable within one year40/41€7,754€6,656▼
Trade receivables40€7,754€6,656▼
Cash at bank and in hand54/58€55,841€73,694▲
Equity and liabilities
Total equity and liabilities10/49€95,242€101,341▲
Equity10/15€48,481€55,536▲
Contributions10/11€12,000€12,000=
Profit (loss) carried forward14€30,289€39,845▲
Investment grants15€6,192€3,692▼
Amounts payable17/49€46,761€45,805▼
Amounts payable after more than one year17€24,700€13,754▼
Financial debts170/4€15,947€9,809▼
Other amounts payable178/9€8,753€3,945▼
Amounts payable within one year42/48€22,061€31,983▲
Current portion of amounts payable after more than one year42€5,835€6,138▲
Trade debts44€2,359€8,434▲
Suppliers440/4€2,359€8,434▲
Advances received on contracts in progress46€5,846€7,055▲
Taxes, remuneration and social security45€8,020€10,357▲
Taxes450/3€6,061€10,357▲
Remuneration and social security454/9€1,959-
Accrued charges and deferred income492/3-€67
Income statement Code20242025
Remuneration, social security and pensions62€15,178€30,141▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8,344€7,593▼
Other operating charges640/8€4,218€2,371▼
Gross operating margin9900€26,932€53,581▲
Operating profit (loss)9901-€808€13,475▲
Financial income75/76B€1,320€2,500▲
Recurring financial income75€1,320€2,500▲
Financial charges65/66B€2,624€4,060▲
Recurring financial charges65€2,624€4,060▲
Profit (loss) for the period before taxes9903-€2,112€11,915▲
Income taxes67/77€1,336€2,360▲
Profit (loss) for the period9904-€3,448€9,555▲
Profit (loss) for the period to be appropriated9905-€3,448€9,555▲
Appropriation of the result
Profit (loss) to be appropriated9906€30,289€39,845▲
Profit (loss) brought forward from the previous period14P€33,737€30,289▼

The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Remuneration, social security and pensions62---€15,178€30,141▲ 98.6%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6,593€5,352€5,722€8,344€7,593▼ 9.0%
Other operating charges640/8--€3,565€4,218€2,371▼ 43.8%
Gross operating margin9900€32,971€16,265€19,393€26,932€53,581▲ 98.9%
Operating profit (loss)9901€26,378€10,913€10,105-€808€13,475▲ 1,768%
Financial income75/76B€0€8€4€1,320€2,500▲ 89.5%
Recurring financial income75€0€8€4€1,320€2,500▲ 89.5%
Financial charges65/66B€1,811€1,471€1,493€2,624€4,060▲ 54.7%
Recurring financial charges65€1,811€1,471€1,493€2,624€4,060▲ 54.7%
Profit (loss) for the period before taxes9903€24,567€9,451€8,616-€2,112€11,915▲ 664%
Income taxes67/77€5,000-€494€4,390€1,336€2,360▲ 76.7%
Profit (loss) for the period9904€19,567€9,944€4,226-€3,448€9,555▲ 377%
Profit (loss) for the period to be appropriated9905€19,567€9,944€4,226-€3,448€9,555▲ 377%
Line20212022202320242025Change
Assets
Total assets20/58€68,155€65,443€94,330€95,242€101,341▲ 6.4%
Fixed assets21/28€15,450€12,789€17,202€10,659€6,754▼ 36.6%
Intangible fixed assets21€14,450€10,400€6,350€2,500--
Tangible fixed assets22/27€1,000€2,389€10,852€8,159€6,754▼ 17.2%
Furniture and vehicles24€1,000€2,389€10,852€8,159€6,754▼ 17.2%
Current assets29/58€52,705€52,654€77,128€84,583€94,588▲ 11.8%
Stocks and contracts in progress3€16,414€19,930€23,163€20,988€14,238▼ 32.2%
Stocks30/36€16,414€19,930€23,163€20,988€14,238▼ 32.2%
Amounts receivable within one year40/41€23,334€7,242€3,579€7,754€6,656▼ 14.2%
Trade receivables40€23,334€6,926€2,701€7,754€6,656▼ 14.2%
Other amounts receivable41-€316€878---
Cash at bank and in hand54/58€12,958€24,025€50,387€55,841€73,694▲ 32.0%
Deferred charges and accrued income490/1-€1,457----
Equity and liabilities
Total equity and liabilities10/49€68,155€65,443€94,330€95,242€101,341▲ 6.4%
Equity10/15€31,567€41,511€45,737€48,481€55,536▲ 14.6%
Contributions10/11€12,000€12,000€12,000€12,000€12,000=
Profit (loss) carried forward14€19,567€29,511€33,737€30,289€39,845▲ 31.5%
Investment grants15---€6,192€3,692▼ 40.4%
Amounts payable17/49€36,589€23,932€48,593€46,761€45,805▼ 2.0%
Amounts payable after more than one year17€14,869€3,613€30,873€24,700€13,754▼ 44.3%
Financial debts170/4--€21,782€15,947€9,809▼ 38.5%
Other amounts payable178/9€14,869€3,613€9,091€8,753€3,945▼ 54.9%
Amounts payable within one year42/48€21,720€20,320€17,656€22,061€31,983▲ 45.0%
Current portion of amounts payable after more than one year42--€4,815€5,835€6,138▲ 5.2%
Trade debts44€15,846€11,258€1,074€2,359€8,434▲ 257%
Suppliers440/4€15,846€11,258€1,074€2,359€8,434▲ 257%
Advances received on contracts in progress46---€5,846€7,055▲ 20.7%
Taxes, remuneration and social security45€5,874€9,062€11,767€8,020€10,357▲ 29.1%
Taxes450/3€5,874€9,062€11,767€6,061€10,357▲ 70.9%
Remuneration and social security454/9---€1,959--
Accrued charges and deferred income492/3--€64-€67-
Line20212022202320242025Change
Profit (loss) for the period9904€19,567€9,944€4,226-€3,448€9,555▲ 377%
+ Depreciation and write-downs630€6,593€5,352€5,722€8,344€7,593▼ 9.0%
Operating cash flow (approximation)€26,159€15,296€9,948€4,896€17,148▲ 250%
Investment in fixed assets (approximation)--€2,691-€10,135-€1,801-€3,688▼ 105%
Change in cash-€11,067€26,361€5,454€17,853▲ 227%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
28-08
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 28 days late
2025
31-12
Financial Back to profitnet €9,555
Net result €9,555 after one loss-making year.
14-11
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 106 days late
2024
31-12
Financial Weakest financial yearnet -€3,448
Net result drops to -€3,448, the lowest in the series; recovery starts the following year.
26-08
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 26 days late
2023
01-09
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 32 days late
2022
31-08
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts

We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
3 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, Waterloo · 1 establishment unit since 2020
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.

Rue Libert (François) 131410 Waterloo
1 establishment unit
WAKANDA
Rue Libert (François) 13, 1410 WaterlooWholesale of pharmaceutical and medical goods
since 20202.307.472.820

Similar companies · same sector, comparable size

Of 4,238 companies in sector 47789 we hold annual accounts for 1,019. 776 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
Founded31-07-2020
Fiscal year end31-12
Activities, NACEBEL 2025
47789Other retail sale of new goods
47120Other non-specialised retail sale
82300Organisation of conventions and trade shows
Contact
E-mail braintourssrl@gmail.com
E-invoicing
Reachable via Peppol
Peppol ID 0208:0751676061
Also 9925:BE0751676061
Registered 05-12-2025

Register as of 27 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.