BRAKE POINT
ActiveSummary
BRAKE POINT has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €2.23M and a net result of €1.30M. Equity remains stable across the filed fiscal years (±2.2% per year). Its solvency ranks better than 70% of 993 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability100▲+54
Solvency89▲+33
Growth78▲+20
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €190k at 30 days acceptable
Liquidity ample (current ratio 2.21 against 2.17 in 2023; short-term debt: 13.6% and cash: 6.4% of total assets), and 36.5% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 95
Relative position
BE, all sectors
reference
Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles (NACE 95)
about 19% fewer 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 2024Solvency, return and age of the figures
Solvency
63.5%
Return on assets
37%
Age of the figures
21 mo
lowers risk · Growing equity
Reported equity is higher than in 2022 and did not fall compared with 2023. These amounts do not establish the cause of the change.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year €2.23M
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 17-06-2025, 44 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
44 d early
2023
40 d early
2022
52 d early
2021
58 d early
2020
52 d early
2019
52 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, abbreviated schema
Equity
€2.23M▲ 127%
2023 · €984k
2018: €1.10M
2019: €1.12M▲ +2.3% vs 2018
2020: €921k▼ -17.8% vs 2019
2021: €892k▼ -3.2% vs 2020lowest in 7 years
2022: €979k▲ +9.8% vs 2021
2023: €984k▲ +0.5% vs 2022
2024: €2.23M▲ +127% vs 2023highest in 7 years
2018 → 2024
Total assets
€3.51M▲ 11.7%
2023 · €3.15M
2018: €1.30Mlowest in 7 years
2019: €1.46M▲ +12.8% vs 2018
2020: €2.85M▲ +95.2% vs 2019
2021: €2.78M▼ -2.6% vs 2020
2022: €2.82M▲ +1.5% vs 2021
2023: €3.15M▲ +11.7% vs 2022
2024: €3.51M▲ +11.7% vs 2023highest in 7 years
2018 → 2024
Net result
€1.30M▲ 919%
2023 · €127k
2018: €13k
2019: €25k▲ +91.7% vs 2018
2020: €-200k▼ -896% vs 2019lowest in 7 years
2021: €-30k▲ +85.1% vs 2020
2022: €88k▲ +394% vs 2021
2023: €127k▲ +45.5% vs 2022
2024: €1.30M▲ +919% vs 2023highest in 7 years
2018 → 2024
Working capital
€578k▲ 13.1%
2023 · €511k
2018: €1.05Mhighest in 7 years
2019: €776k▼ -25.9% vs 2018
2020: €604k▼ -22.2% vs 2019
2021: €559k▼ -7.5% vs 2020
2022: €596k▲ +6.7% vs 2021
2023: €511k▼ -14.3% vs 2022lowest in 7 years
2024: €578k▲ +13.1% vs 2023
2018 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€921k-€892k▼ 3.2%€979k▲ 9.8%€984k▲ 0.5%€2.23M▲ 127%
2020: €921k
2021: €892k▼ -3.2% vs 2020lowest in 5 years
2022: €979k▲ +9.8% vs 2021
2023: €984k▲ +0.5% vs 2022
2024: €2.23M▲ +127% vs 2023highest in 5 years
Operating result€-96k-€127k€252k▲ 99.2%€299k▲ 18.3%€1.78M▲ 497%
2020: €-96klowest in 5 years
2021: €127k▲ +233% vs 2020
2022: €252k▲ +99.2% vs 2021
2023: €299k▲ +18.3% vs 2022
2024: €1.78M▲ +497% vs 2023highest in 5 years
Net result€-200k-€-30k▲ 85.1%€88k€127k▲ 45.5%€1.30M▲ 919%
2020: €-200klowest in 5 years
2021: €-30k▲ +85.1% vs 2020
2022: €88k▲ +394% vs 2021
2023: €127k▲ +45.5% vs 2022
2024: €1.30M▲ +919% vs 2023highest in 5 years
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2024 is 497% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €3.51M
Fixed assets
€2.46M ▲ 11.7%
Current assets
€1.06M ▲ 11.6%
Equity and liabilities €3.51M
Equity
€2.23M ▲ 127%
Provisions
€0 ▼ 100%
Debt
€1.28M ▲ 51.5%
Debt's share of the balance-sheet total rises from 26.9% to 36.5%. Equity and debt are higher.
Key figures and ratios
EBITDA
€1.92M▲
2023 · €425k
Cash flow
€1.44M▲
2023 · €254k
Current ratio
2.21▲
2023 · 2.17
Quick ratio
1.10▼
2023 · 1.14
Debt to equity
0.57▼
2023 · 0.86
ROE
58.2%▲
2023 · 12.9%
ROA
37.0%▲
2023 · 4.0%
Interest coverage
29.04▲
2023 · 2.66
Debt ≤ 1 year
€478k▲
2023 · €435k
Debt > 1 year
€801k▲
2023 · €408k
Income taxes
€418k▲
2023 · €13k
Staff costs
€621k▲
2023 · €512k
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 · 2024 against 2023 · 68 lines
Balance sheet
Code20232024
Assets
Total assets20/58€3.15M€3.51M▲
Fixed assets21/28€2.20M€2.46M▲
Tangible fixed assets22/27€2.19M€2.46M▲
Land and buildings22€1.98M€1.92M▼
Plant, machinery and equipment23€38k€63k▲
Furniture and vehicles24€21k€10k▼
Other tangible fixed assets26€115k€132k▲
Assets under construction and advance payments27€36k€332k▲
Financial fixed assets28€10k€2k▼
Current assets29/58€946k€1.06M▲
Stocks and contracts in progress3€451k€530k▲
Stocks30/36€451k€530k▲
Amounts receivable within one year40/41€293k€291k▼
Trade receivables40€285k€288k▲
Other amounts receivable41€8k€3k▼
Current investments50/53€817€2▼
Cash at bank and in hand54/58€189k€225k▲
Deferred charges and accrued income490/1€13k€10k▼
Equity and liabilities
Total equity and liabilities10/49€3.15M€3.51M▲
Equity10/15€984k€2.23M▲
Contributions10/11€19k€19k=
Reserves13€965k€2.20M▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€963k€2.20M▲
Profit (loss) carried forward14€0€11k▲
Provisions and deferred taxes16€1.32M€0▼
Provisions for liabilities and charges160/5€1.32M€0▼
Other liabilities and charges164/5€1.32M€0▼
Amounts payable17/49€846k€1.28M▲
Amounts payable after more than one year17€408k€801k▲
Financial debts170/4€408k€801k▲
Amounts payable within one year42/48€435k€478k▲
Current portion of amounts payable after more than one year42€57k€71k▲
Financial debts43€36k€57k▲
Credit institutions430/8€36k€57k▲
Trade debts44€135k€123k▼
Suppliers440/4€135k€123k▼
Advances received on contracts in progress46€0-
Taxes, remuneration and social security45€124k€152k▲
Taxes450/3€43k€57k▲
Remuneration and social security454/9€81k€95k▲
Other amounts payable47/48€82k€74k▼
Accrued charges and deferred income492/3€3k€3k=
Income statement
Code20232024
Non-recurring operating income76A-€764
Remuneration, social security and pensions62€512k€621k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€126k€139k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€12k€-12k▼
Provisions for liabilities and charges: additions (uses and reversals)635/8€-86k€-1.32M▼
Other operating charges640/8€18k€30k▲
Gross operating margin9900€881k€1.24M▲
Operating profit (loss)9901€299k€1.78M▲
Financial income75/76B€1k€51▼
Recurring financial income75€438€51▼
Non-recurring financial income76B€732€0▼
Financial charges65/66B€160k€66k▼
Recurring financial charges65€160k€66k▼
Profit (loss) for the period before taxes9903€140k€1.72M▲
Income taxes67/77€13k€418k▲
Profit (loss) for the period9904€127k€1.30M▲
Profit (loss) for the period to be appropriated9905€127k€1.30M▲
Appropriation of the result
Profit (loss) to be appropriated9906€127k€1.30M▲
Transfer from equity791/2€122k€50k▼
Transfer to equity691/2€127k€1.29M▲
To other reserves6921€127k€1.29M▲
Profit to be distributed694/7€122k€50k▼
Return on contributions (dividend)694€122k€50k▼
Social balance
Average headcount (FTE)90878.59.5▲
The notes to these accounts (23 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €11k | €0 | - | €764 | - |
| Remuneration, social security and pensions62 | - | €370k | €444k | €512k | €621k | ▲ 21.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €115k | €111k | €111k | €126k | €139k | ▲ 10.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | €2k | €0 | €12k | €-12k | ▼ 199% |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | - | €-90k | €-88k | €-86k | €-1.32M | ▼ 1,435% |
| Other operating charges640/8 | - | €34k | €17k | €18k | €30k | ▲ 66.2% |
| Non-recurring operating charges66A | - | €0 | - | - | - | - |
| Gross operating margin9900 | €548k | €554k | €736k | €881k | €1.24M | ▲ 41.3% |
| Operating profit (loss)9901 | €-96k | €127k | €252k | €299k | €1.78M | ▲ 497% |
| Financial income75/76B | - | €1k | €116 | €1k | €51 | ▼ 95.7% |
| Recurring financial income75 | €703 | €468 | €116 | €438 | €51 | ▼ 88.4% |
| Non-recurring financial income76B | - | €723 | €0 | €732 | €0 | ▼ 100% |
| Financial charges65/66B | - | €157k | €156k | €160k | €66k | ▼ 58.5% |
| Recurring financial charges65 | €105k | €157k | €156k | €160k | €66k | ▼ 58.5% |
| Profit (loss) for the period before taxes9903 | €-199k | €-29k | €96k | €140k | €1.72M | ▲ 1,124% |
| Income taxes67/77 | €1k | €297 | €9k | €13k | €418k | ▲ 3,133% |
| Profit (loss) for the period9904 | €-200k | €-30k | €88k | €127k | €1.30M | ▲ 919% |
| Transfer from tax-exempt reserves789 | - | €0 | - | - | - | - |
| Profit (loss) for the period to be appropriated9905 | €-199k | €-30k | €88k | €127k | €1.30M | ▲ 919% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €2.85M | €2.78M | €2.82M | €3.15M | €3.51M | ▲ 11.7% |
| Fixed assets21/28 | €1.92M | €1.98M | €1.93M | €2.20M | €2.46M | ▲ 11.7% |
| Tangible fixed assets22/27 | €1.91M | €1.97M | €1.92M | €2.19M | €2.46M | ▲ 12.1% |
| Land and buildings22 | - | €1.91M | €1.85M | €1.98M | €1.92M | ▼ 3.1% |
| Plant, machinery and equipment23 | - | €39k | €45k | €38k | €63k | ▲ 65.1% |
| Furniture and vehicles24 | - | €17k | €21k | €21k | €10k | ▼ 54.8% |
| Other tangible fixed assets26 | - | €13k | €7k | €115k | €132k | ▲ 14.5% |
| Assets under construction and advance payments27 | - | - | - | €36k | €332k | ▲ 823% |
| Financial fixed assets28 | €10k | €10k | €10k | €10k | €2k | ▼ 80.9% |
| Current assets29/58 | €930k | €793k | €890k | €946k | €1.06M | ▲ 11.6% |
| Stocks and contracts in progress3 | €437k | €440k | €467k | €451k | €530k | ▲ 17.7% |
| Stocks30/36 | - | €440k | €467k | €451k | €530k | ▲ 17.7% |
| Amounts receivable within one year40/41 | €281k | €207k | €329k | €293k | €291k | ▼ 0.9% |
| Trade receivables40 | - | €203k | €329k | €285k | €288k | ▲ 1.0% |
| Other amounts receivable41 | - | €4k | €0 | €8k | €3k | ▼ 67.8% |
| Current investments50/53 | €56k | €15k | €7k | €817 | €2 | ▼ 99.7% |
| Cash at bank and in hand54/58 | €149k | €124k | €79k | €189k | €225k | ▲ 19.0% |
| Deferred charges and accrued income490/1 | - | €8k | €7k | €13k | €10k | ▼ 19.3% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €2.85M | €2.78M | €2.82M | €3.15M | €3.51M | ▲ 11.7% |
| Equity10/15 | €921k | €892k | €979k | €984k | €2.23M | ▲ 127% |
| Contributions10/11 | - | €19k | €19k | €19k | €19k | = |
| Reserves13 | €902k | €873k | €960k | €965k | €2.20M | ▲ 128% |
| Non-distributable reserves130/1 | - | €2k | €2k | €2k | €2k | = |
| Reserves not available under the articles1311 | - | €2k | €2k | €2k | €2k | = |
| Distributable reserves133 | - | €871k | €958k | €963k | €2.20M | ▲ 129% |
| Profit (loss) carried forward14 | - | - | - | €0 | €11k | - |
| Provisions and deferred taxes16 | €1.58M | €1.49M | €1.40M | €1.32M | €0 | ▼ 100% |
| Provisions for liabilities and charges160/5 | - | €1.49M | €1.40M | €1.32M | €0 | ▼ 100% |
| Environmental obligations163 | - | €1.49M | - | - | - | - |
| Other liabilities and charges164/5 | - | - | €1.40M | €1.32M | €0 | ▼ 100% |
| Amounts payable17/49 | €349k | €394k | €436k | €846k | €1.28M | ▲ 51.5% |
| Amounts payable after more than one year17 | €19k | €157k | €143k | €408k | €801k | ▲ 96.4% |
| Financial debts170/4 | - | €157k | €143k | €408k | €801k | ▲ 96.4% |
| Amounts payable within one year42/48 | €326k | €234k | €293k | €435k | €478k | ▲ 9.8% |
| Current portion of amounts payable after more than one year42 | - | €33k | €14k | €57k | €71k | ▲ 23.9% |
| Financial debts43 | - | €33k | €10k | €36k | €57k | ▲ 55.2% |
| Credit institutions430/8 | - | €33k | €10k | €36k | €57k | ▲ 55.2% |
| Trade debts44 | €77k | €75k | €131k | €135k | €123k | ▼ 8.8% |
| Suppliers440/4 | - | €75k | €131k | €135k | €123k | ▼ 8.8% |
| Advances received on contracts in progress46 | - | - | €50 | €0 | - | - |
| Taxes, remuneration and social security45 | - | €93k | €133k | €124k | €152k | ▲ 22.5% |
| Taxes450/3 | - | €33k | €52k | €43k | €57k | ▲ 31.9% |
| Remuneration and social security454/9 | - | €60k | €81k | €81k | €95k | ▲ 17.5% |
| Other amounts payable47/48 | - | €684 | €5k | €82k | €74k | ▼ 9.1% |
| Accrued charges and deferred income492/3 | - | €4k | €0 | €3k | €3k | = |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-200k | €-30k | €88k | €127k | €1.30M | ▲ 919% |
| + Depreciation and write-downs630 | €115k | €111k | €111k | €126k | €139k | ▲ 10.1% |
| Operating cash flow (approximation) | €-85k | €82k | €198k | €254k | €1.44M | ▲ 467% |
| Investment in fixed assets (approximation) | - | €-174k | €-56k | €-399k | €-396k | ▲ 0.7% |
| Change in cash | - | €-26k | €-44k | €110k | €36k | ▼ 67.2% |
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
2025
17-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Highest result since 2018net €1.30M ▲919%
Operating result €1.78M, net result €1.30M, both a record.
31-12
Financial
Equity above €2MEq €2.23M ▲127%
3 profitable years in a row build equity to €2.23M.
21-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
09-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Back to profitnet €88k
Net result €88k after 2 loss-making years.
03-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
09-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Weakest financial yearnet €-200k
Net result drops to €-200k, the lowest in the series; recovery starts the following year.
09-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
26-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
19-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
21-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
20-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
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.
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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, Heist-op-den-Berg · 1 establishment unit since 2004
Ground area
1.6 ha
Building footprint
2,754 m²
Volume, LiDAR
18,388 m³
2 parcels, Flanders · tallest building 37.7 m, ±2 floors. Linked by address, not a title deed.
4
companies at this address
See who is registered here
1 establishment unit
BRAKE POINT
since 20042.137.146.956
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12322I0697/00E000 | Flanders | 1.5 ha | 1 · 2,237 m² | 37.7 m · 2 fl. |
| 12322I0704/00L000 | Flanders | 815 m² | 1 · 518 m² | 12.2 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2023 to 2024 · 2 entries · 1,088 EUR awarded · 1,088 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 380 EUR | 380 EUR |
| 2023 | 1 | 708 EUR | 708 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 757 companies in sector 95313 we hold annual accounts for 289. 90 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
Founded16-02-2004
Fiscal year end31-12
Activities, NACEBEL 2025
95313Repair and fitting of specific motor vehicle parts
66210Risk and damage evaluation
71209Other technical testing and analysis
Scores and ratios are computed by Checked and are not a credit decision.