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BRANDS

Active
Private limited companyfounded 2024active for 2 yearsVinkenkantstraat 35, 3660 Oudsbergen, BelgiumKBO/BCE: BE 1010.002.996
Summary

The computed 12-month bankruptcy probability of BRANDS is 4.1% (elevated). The 2025 annual accounts show equity of €17,511 and a net result of €7,511. Its solvency ranks better than 23% of 34,807 sector peers (NACE 43, financial year 2025). The company has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals.

Financials · financial year 2025, micro format

Turnover
≈ €170,000
Estimated: probably between €120,000 and €270,000
Total assets
€80,981
Net result
€7,511
Working capital
-€11,831

Turnover and EBIT margin not published: the micro format does not require them. The turnover shown is an estimate from the gross margin.

Balance-sheet composition
Assets €80,981
Fixed assets €29,342
Current assets €51,639
Equity and liabilities €80,981
Equity €17,511
Debt €63,470
Debt finances 78.4% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€26,105
Cash flow
€23,320
Current ratio
0.81
Debt to equity
3.62
ROE
42.9%
ROA
9.3%
Interest coverage
over 100
Debt ≤ 1 year
€63,470
Income taxes
€2,660

Peer companies

Historical observation

Of 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
3.6% went bankrupt
1.8% stopped otherwise
94.3% 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 4.1% 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%.

The companies in ten equal groups, from lowest to highest expected share.
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.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 37 lines
Balance sheet Code2025
Assets
Total assets20/58€80,981
Fixed assets21/28€29,342
Tangible fixed assets22/27€29,342
Plant, machinery and equipment23€21,058
Furniture and vehicles24€8,284
Current assets29/58€51,639
Amounts receivable within one year40/41€7,426
Trade receivables40€975
Other amounts receivable41€6,450
Current investments50/53€44,214
Equity and liabilities
Total equity and liabilities10/49€80,981
Equity10/15€17,511
Contributions10/11€10,000
Reserves13€7,511
Distributable reserves133€7,511
Amounts payable17/49€63,470
Amounts payable within one year42/48€63,470
Trade debts44€2,462
Suppliers440/4€2,462
Taxes, remuneration and social security45€7,824
Taxes450/3€7,824
Other amounts payable47/48€53,185
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€15,809
Other operating charges640/8€2,456
Gross operating margin9900€28,560
Operating profit (loss)9901€10,295
Financial income75/76B€0
Recurring financial income75€0
Financial charges65/66B€125
Recurring financial charges65€125
Profit (loss) for the period before taxes9903€10,171
Income taxes67/77€2,660
Profit (loss) for the period9904€7,511
Profit (loss) for the period to be appropriated9905€7,511
Appropriation of the result
Profit (loss) to be appropriated9906€7,511
Transfer to equity691/2€7,511
To other reserves6921€7,511

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€15,809
Other operating charges640/8€2,456
Gross operating margin9900€28,560
Operating profit (loss)9901€10,295
Financial income75/76B€0
Recurring financial income75€0
Financial charges65/66B€125
Recurring financial charges65€125
Profit (loss) for the period before taxes9903€10,171
Income taxes67/77€2,660
Profit (loss) for the period9904€7,511
Profit (loss) for the period to be appropriated9905€7,511
Line2025
Assets
Total assets20/58€80,981
Fixed assets21/28€29,342
Tangible fixed assets22/27€29,342
Plant, machinery and equipment23€21,058
Furniture and vehicles24€8,284
Current assets29/58€51,639
Amounts receivable within one year40/41€7,426
Trade receivables40€975
Other amounts receivable41€6,450
Current investments50/53€44,214
Equity and liabilities
Total equity and liabilities10/49€80,981
Equity10/15€17,511
Contributions10/11€10,000
Reserves13€7,511
Distributable reserves133€7,511
Amounts payable17/49€63,470
Amounts payable within one year42/48€63,470
Trade debts44€2,462
Suppliers440/4€2,462
Taxes, remuneration and social security45€7,824
Taxes450/3€7,824
Other amounts payable47/48€53,185
Line2025
Profit (loss) for the period9904€7,511
+ Depreciation and write-downs630€15,809
Operating cash flow (approximation)€23,320

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

Filings with the National Bank (1)
Financial year Type Filed Reference
31-12-2025 micro format 27-07-2026 2026-00361209

Similar companies · same sector, comparable size

Of the 8,472 active companies whose main activity is roofing work (NACE 43410), figures are known for 4,467. 2,971 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.