BRAMACONSTRUCT
ActiveSummary
The computed 12-month bankruptcy probability of BRAMACONSTRUCT is 2.0% (moderate). The 2025 annual accounts show equity of €49,439 and a net result of €9,081. Equity is growing by about 18% per year across the filed financial years. Its solvency ranks better than 31% of 1,682 sector peers (NACE 33, financial year 2025). The company has been active since 2022 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
- Equity
- €49,439
- Profit
- €9,081
Why 53raises riskSize: turnover €420,178, total assets €169,470Founded in 2022Sector: Repair, maintenance and installation of machinery and equipment (NACE 33)lowers riskFigures for financial year 2025 (filed 13-07-2026)Show the evidence
Checked score
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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 33, micro): better than 32% on solvency, 29% on liquidity, 28% on profitability and 38% on growth.
The bankruptcy probability was computed on 30-10-2026 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.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
This company filed its last 3 accounts on average 11 days before the deadline; the sector median (NACE 33) for financial year 2024 is 3 days before the deadline, and 39% of those companies filed late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2025 · micro…
- Annual accounts filedfinancial year 2024 · micro…
- Weakest financial yearnet €5,729 ▼82.4%
Financials · financial year 2025, micro format
2023 to 2025, 3 financial years
The operating result has fallen two years in a row; 2025 is 9% below 2024 and is the lowest result in the available series.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 33, Repair, maintenance and installation of machinery and equipment: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Peer companies
Historical observationOf the 7,976 companies that looked in July 2024 the way this one looks now, 3.6% went bankrupt within 24 months and 94.3% are still going.
- Micro
- 2 to 5 years old
- solvency 10 to 30%
- a profit of 5% of the balance sheet or more
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 2.0% 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 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% 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 7,976 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.
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Turnover70 | - | €823,036 | €420,178 | ▼ 48.9% |
| Non-recurring operating income76A | - | €0 | €0 | - |
| Goods, raw materials, services and sundry goods60/61 | - | €772,266 | €303,276 | ▼ 60.7% |
| Remuneration, social security and pensions62 | - | €501 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €16,523 | €19,306 | €19,084 | ▼ 1.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | €24,532 | - |
| Other operating charges640/8 | €4,328 | €30,287 | €12,309 | ▼ 59.4% |
| Non-recurring operating charges66A | - | - | €11,577 | - |
| Gross operating margin9900 | €72,556 | €61,845 | €78,165 | ▲ 26.4% |
| Operating profit (loss)9901 | €51,704 | €11,751 | €10,663 | ▼ 9.3% |
| Financial income75/76B | €1,060 | €1,011 | €3,139 | ▲ 211% |
| Recurring financial income75 | €1,060 | €1,011 | €3,139 | ▲ 211% |
| Financial charges65/66B | €3,105 | €2,830 | €943 | ▼ 66.7% |
| Recurring financial charges65 | €3,105 | €2,830 | €943 | ▼ 66.7% |
| Profit (loss) for the period before taxes9903 | €49,659 | €9,932 | €12,859 | ▲ 29.5% |
| Income taxes67/77 | €17,030 | €4,204 | €3,778 | ▼ 10.1% |
| Profit (loss) for the period9904 | €32,629 | €5,729 | €9,081 | ▲ 58.5% |
| Profit (loss) for the period to be appropriated9905 | €32,629 | €5,729 | €9,081 | ▲ 58.5% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €227,758 | €176,394 | €169,470 | ▼ 3.9% |
| Fixed assets21/28 | €60,260 | €56,850 | €36,326 | ▼ 36.1% |
| Tangible fixed assets22/27 | €58,939 | €55,529 | €35,005 | ▼ 37.0% |
| Land and buildings22 | €3,319 | €1,982 | €1,321 | ▼ 33.4% |
| Plant, machinery and equipment23 | €41,473 | €42,850 | €28,527 | ▼ 33.4% |
| Furniture and vehicles24 | €14,148 | €10,698 | €5,158 | ▼ 51.8% |
| Financial fixed assets28 | €1,321 | €1,321 | €1,321 | = |
| Current assets29/58 | €167,498 | €119,544 | €133,143 | ▲ 11.4% |
| Stocks and contracts in progress3 | €10,000 | €10,000 | €10,000 | = |
| Stocks30/36 | €10,000 | €10,000 | €10,000 | = |
| Amounts receivable within one year40/41 | €135,865 | €83,717 | €111,669 | ▲ 33.4% |
| Trade receivables40 | €134,418 | €70,771 | €96,216 | ▲ 36.0% |
| Other amounts receivable41 | €1,447 | €12,946 | €15,453 | ▲ 19.4% |
| Cash at bank and in hand54/58 | €17,028 | €22,408 | €11,475 | ▼ 48.8% |
| Deferred charges and accrued income490/1 | €4,604 | €3,419 | €0 | ▼ 100% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €227,758 | €176,394 | €169,470 | ▼ 3.9% |
| Equity10/15 | €34,629 | €40,358 | €49,439 | ▲ 22.5% |
| Contributions10/11 | €2,000 | €2,000 | €2,000 | = |
| Reserves13 | €32,629 | €38,358 | €47,439 | ▲ 23.7% |
| Distributable reserves133 | €32,629 | €38,358 | €47,439 | ▲ 23.7% |
| Amounts payable17/49 | €193,129 | €136,036 | €120,031 | ▼ 11.8% |
| Amounts payable after more than one year17 | €27,066 | €15,195 | €11,225 | ▼ 26.1% |
| Financial debts170/4 | €27,066 | €15,195 | €11,225 | ▼ 26.1% |
| Amounts payable within one year42/48 | €162,950 | €120,841 | €68,794 | ▼ 43.1% |
| Current portion of amounts payable after more than one year42 | €14,282 | €11,871 | €3,971 | ▼ 66.6% |
| Trade debts44 | €82,250 | €60,352 | €31,548 | ▼ 47.7% |
| Suppliers440/4 | €82,250 | €60,352 | €31,548 | ▼ 47.7% |
| Advances received on contracts in progress46 | - | - | €3,700 | - |
| Taxes, remuneration and social security45 | €17,820 | €21,990 | €9,077 | ▼ 58.7% |
| Taxes450/3 | €17,820 | €21,990 | €9,077 | ▼ 58.7% |
| Other amounts payable47/48 | €48,598 | €26,628 | €20,499 | ▼ 23.0% |
| Accrued charges and deferred income492/3 | €3,112 | €0 | €40,012 | - |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €32,629 | €5,729 | €9,081 | ▲ 58.5% |
| + Depreciation and write-downs630 | €16,523 | €19,306 | €19,084 | ▼ 1.1% |
| Operating cash flow (approximation) | €49,152 | €25,034 | €28,165 | ▲ 12.5% |
| Investment in fixed assets (approximation) | - | -€15,896 | €1,440 | - |
| Change in cash | - | €5,380 | -€10,933 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (3)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | micro format | 13-07-2026 | 2026-00283568 |
| 31-12-2024 | micro format | 17-07-2025 | 2025-00279429 |
| 31-12-2023 | micro format | 29-07-2024 | 2024-00294251 |
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Mandate history
- Board
| Name | Functions and periods |
|---|---|
| BRAL Rik |
|
Owners and capital
Capital and shareholders
- BRAL Rik 100 shares (100%) · €2,000
The Belgian Official Gazette names shareholders only when an act mentions them; the share register itself is not published.
- 20-09-2022 Incorporation · €2,000 · 100 shares
Group and network
Connections & network
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
Acts, filings and financial milestones
20-09
Gazette deed
IncorporationAppointment: BRAL Rik (director) · Founder · Founding capital9 facts ▸
- Incorporation, “BRAMACONSTRUCT” (deed in Dutch)
- Founder, BRAL Rik
- Other provision, 31-08-2022
- Founding capital, €2,000
- Other provision, “statuten, Titel I: Rechtsvorm – Naam – Zetel – Voorwerp – Duur” (deed in Dutch)
- Capital
- Registered office clause, “Kruisbergstraat 57,8755 Ruiselede, oprichters” (deed in Dutch)
- Pre-incorporation commitments, “takeover, alle verbintenissen en verplichtingen die eruit voortvloeien en alle activiteiten ondernomen door comparanten in naam en voor rekening van vennootscha…” (deed in Dutch)
- Director appointment, BRAL Rik (director)
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 31 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice, with enterprise number 0790.916.422
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 37012A0485/00E000 | Flanders | 569 m² | 1 · 86 m² | 5.7 m · 1 |
How the parcels are linked
Articles of association
What the company does
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- BRAMACONSTRUCT
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaamse Gewest, exploitatiezetels, administratieve zetels, filialen, agentschappen en depots in België of buitenland bij beslissing…” (deed in Dutch)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- “TITEL IV. BESTUUR - CONTROLE Artikel 12- Bestuursorgaan De vennootschap wordt bestuurd door één of meer bestuurders, natuurlijke personen of…”
- Board ruleHow the board is made up, meets and takes decisions.
- “Met of zonder beperking van duur, bestuursorgaan” (deed in Dutch)“Vergoeding bestuurders, algemene kosten,los van representatie-,reis-en verplaatsingskosten” (deed in Dutch)
Capital, shares and profit
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Helft ten laste overdrager en helft ten laste koper(s) naar evenredigheid verworven aantal als meer dan één koper, elke overdracht onder…” (deed in Dutch)
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Beslissing algemene vergadering beslissende in vormen vereist voor statutenwijziging, op elk moment” (deed in Dutch)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Ontbinding om welke reden en op welk ogenblik ook, onverminderd recht algemene vergadering één of meerdere vereffenaars aan te duiden…” (deed in Dutch)