Equity
€1.1m ▲ 31.6%
BRANDT has made a profit without a break since 2014.
BRANDT
Lifetime
20 annual accounts with figures on one time axis, 34 filings since 1992peak €1.5m (2025)
€1.5m▲ 18.7%
lowest -€21,226 (2012)
€364,231▲ 13.6%
peak €1.1m (2025)
€1.1m▲ 31.6%
€605,779▼ 38.0%
peak 16.9 FTE (2025)
16.9 FTE▲ 9.0%
Board4 names since 2006
2 directorsATELIER JG and 1 other
Owners2 names in the annual accounts
50%Atelier JG and 1 other
Documentsfilings and deeds
04-06-202657 days before the deadline
2025financial year
Gross margin from €1.2m to €1.5mStaff from 15.5 FTE to 16.9 FTEEquity from €819,082 to €1.1mDebts from €977,301 to €605,779
Key points
from the 2025 annual accountsChecked score
98
Excellent
Financially stronger than 84% of small companies in specialised construction (NACE 43)
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: 0.3% across 2,647 companies (NACE 43, small).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.3%highest value
01-2025: 0.3%● unchanged vs 12-2024
02-2025: 0.3%● unchanged vs 01-2025
03-2025: 0.3%● unchanged vs 02-2025
04-2025: 0.3%● unchanged vs 03-2025
05-2025: 0.3%● unchanged vs 04-2025
06-2025: 0.3%● unchanged vs 05-2025
07-2025: 0.1%▼ -0.2 percentage points 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 06-2026lowest value
08-2026: 0.1%● unchanged vs 07-2026lowest value
09-2026: 0.1%● unchanged vs 08-2026lowest value
10-2026: 0.1%● unchanged vs 09-2026lowest value
11-2026: 0.1%● unchanged vs 10-2026lowest value
Financial strengthStrong
Score breakdown
raises risk
Sector: Specialised construction activities (NACE 43)
lowers risk
Founded in 1991
Equity €1.1m (64.0% of total assets)
Liquidity: current ratio 1.57, cash €318,585
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 43, small). It does better than 82% of them on solvency, 73% on liquidity, 94% on profitability and 85% 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, 20,137 companies had the same profile as BRANDT has now. Each dot stands for 51 companies, two years later.
95.1%
were still trading
4.7%
stopped another way
0.2%
went bankrupt
That fits the bankruptcy probability of BRANDT itself: 0.1% within 12 months.
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 20,137 companies, not a prediction for BRANDT. 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 €100,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 1.57 (1.17 in 2024), above the usual 1.5. Short-term debt is 35% and cash 18.9% of total assets. 36% 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
Five signals.
lowers riskraises riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 04-06-2026, 57 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
57 days early
2024
34 days early
2023
27 days early
2022
6 days early
2021
31 days late
2020
4 days early
2019
20 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 11 days before the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% 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 5 July (4 of the last 5 accounts filed within 31 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
Board and ownership
- Atelier JG 50%equity €133,983 (2025) · 2025 annual accounts of Atelier JG
- BDE Concept 50%equity €136,302 (2025) · 2025 annual accounts of BDE Concept
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0446073306
Changes of role: ATELIER JG (director) and BDE CONCEPT (director)
Permanent representatives: GARDIER Julian Allan and DEROUAUX Bertrand Luc · “La société a pour objet, tant en Belgique qu’à l’étranger, tout ce qui se rapporte directement ou…” (deed in French) · Director discharge: ATELIER JG (manager) · General meeting of 09-11-2023 · Gazette deed
2 directors appointed, 1 resignation
Resignation: Dominique BIEMAR · Appointments: Atelier JG and BDE Concept · Permanent representatives: Julian GARDIER and Bertrand DEROUAUX · General meeting of 22-12-2021 · Gazette deed
Registered office moved from Argenteau to Battice
New registered office: rue des Gaillettes 11 4651 BATTICE · Previous registered office: Chemin du Voué 18 à 4601 Argenteau · General meeting of 15-10-2019 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| BRANDT Herve | €1.7m | €1.5m | 64.0% | 16.9 |
| DE BRUYN Herselt | €1.6m | €1.6m | 78.0% | 15.9 |
| CUYPERS KOELTECHNIEK Malle | €1.5m | €1.3m | 40.9% | 15.1 |
| ALAIN TOLLENEER Floreffe | €1.5m | €1.3m | 56.9% | 16.8 |
| ROGER GOEMINNE Kruisem | €1.9m | €1.6m | 75.1% | 20.2 |
| TIBOR - ISTVAN - FREDDY Oupeye | €1.4m | €1.3m | 79.4% | 17.5 |
| TECHNOGAZ Malmedy | €1.7m | €1.2m | 23.6% | 14.5 |
These companies have the same main activity as BRANDT: installation of electric heating, air conditioning, cooling and ventilation (NACE 43222). They are comparable in size and age: total assets between €1.4m and €1.9m, founded between 1987 and 1999.
Official details
Source: KBO- Status
- Active since 17-12-1991Normal situation
- Activity
- Installation of electric heating, air conditioning, cooling and ventilationNACE 43222and 2 others
- Joint committees
- 124Construction
- 200Auxiliary committee for white-collar workers · annual accounts 2025
- Establishment unit
- 2.056.511.2524651 Herve, since 09-03-1992
- Financial year end
- 31 December
- Peppol
- Reachable since 06-06-2025
Annual accounts 2025
- €1.7m▼ 6.3%
- Employeeson 31-12-2025
- 17▲ 13.3%
- Filing
- Filed on 04-06-2026, 57 days before the end of the filing period
Insights on BRANDT
BRANDT has existed since 1991. The gross margin grew from €45,671 in 2006 to €1.5m in 2025 and staff from 0.5 to 16.9 full-time equivalents.
The gross margin has grown every year since 2020. Solvency rose in 2025 from 45.6% to 64.0% because of the retained profit and lower debts.
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 BRANDT
- What is the company number of BRANDT?
- The company number of BRANDT is 0446.073.306. The VAT number is the same number with BE in front: BE 0446.073.306.
- Where is BRANDT based?
- The registered office is at Rue des Gaillettes 11, 4651 Herve.Company details
- What does BRANDT do?
- According to the KBO register, the main activity is installation of electric heating, air conditioning, cooling and ventilation (NACE 43222).
- What is the legal form of BRANDT?
- BRANDT is a private limited company (BV).
- When was BRANDT founded?
- BRANDT was founded on 17-12-1991.
- Is BRANDT still active?
- Yes, BRANDT is an active enterprise in the KBO register.
- How many employees does BRANDT have?
- BRANDT had an average of 16.9 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does BRANDT fall under?
- In its 2025 annual accounts, BRANDT states joint committees 124 (Construction) and 200 (Auxiliary committee for white-collar workers).
- What is the turnover of BRANDT?
- The turnover in financial year 2025 is ≈ €4.0m. This figure is estimated from the gross margin of €1.5m and 30 comparable companies (NACE 432). It probably lies between €3.3m and €5.0m.
- Is BRANDT profitable?
- In financial year 2025, BRANDT made a profit of €364,231.
- Where can I find the annual accounts of BRANDT?
- BRANDT filed 34 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of BRANDT due?
- BRANDT must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence See whether the workforce is growing and whether people stay.Employer check Check whether you can trust this company with building work.Contractor check Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check
See how customers, suppliers and banks see your own company and what to improve first.