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BRAS-RUND

Active Private limited company (pre-2019)founded 2016active for 10 yearsBruggesteenweg 63, 8755 WingeneKBO/BCE: BE 0651.701.230

Lifetime

9 annual accounts with figures on one time axis
peak €74,583 (2025)
€74,583▲ 50.7%
lowest -€3,348 (2022)
€39,254▲ 41.9%
peak €76,173 (2025)
€76,173▲ 106%
€78,881▲ 15.8%
Board2 names since 2016
Documentsfilings and deeds
21-08-202621 days late
2025micro format
Gross margin from €49,480 to €74,583Result from €27,659 to €39,254Equity from €36,919 to €76,173Debts from €68,123 to €78,881

Key points

from the 2025 annual accounts

Turnover

≈ €590,000 estimated

The micro format states no turnover.

Filings

9 annual accounts 9 late
AprilJune31 JulyOctober20202025

The 2019 accounts came latest: 98 days after the end of the period.

Position in the sector

€39,254

Higher net result than 84% of companies in retail trade. Sector median €5,051 · 22,892 companies.

Checked score

84
Excellent
Financially stronger than 72% of micro companies in retail trade (NACE 47)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.6% Low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.6% across 40,276 companies (NACE 47, micro).

About 6 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 1.4% 01-2025: 1.3%▼ -0.1 percentage points vs 12-2024 02-2025: 1.3%● unchanged vs 01-2025 03-2025: 1.3%● unchanged vs 02-2025 04-2025: 1.3%● unchanged vs 03-2025 05-2025: 1.3%● unchanged vs 04-2025 06-2025: 1.3%● unchanged vs 05-2025 07-2025: 1.3%● unchanged vs 06-2025 08-2025: 1.8%▲ +0.5 percentage points vs 07-2025highest value 09-2025: 0.7%▼ -1.1 percentage points vs 08-2025 10-2025: 0.7%● unchanged vs 09-2025 11-2025: 0.7%● unchanged vs 10-2025 12-2025: 0.7%● unchanged vs 11-2025 01-2026: 0.7%● unchanged vs 12-2025 02-2026: 0.8%▲ +0.1 percentage points vs 01-2026 03-2026: 0.8%● unchanged vs 02-2026 04-2026: 0.8%● unchanged vs 03-2026 05-2026: 0.8%● unchanged vs 04-2026 06-2026: 0.8%● unchanged vs 05-2026 07-2026: 0.8%● unchanged vs 06-2026 08-2026: 1.2%▲ +0.4 percentage points vs 07-2026 09-2026: 0.7%▼ -0.5 percentage points vs 08-2026 10-2026: 0.6%▼ -0.1 percentage points vs 09-2026lowest value 11-2026: 0.6%● unchanged vs 10-2026lowest value

Financial strength
Strong

74+14equity 49.1% of total assets
37+6short-term debt 50.9% · cash 10.1%
100=return on assets 25.3%

Score breakdown

raises risk
Size: total assets €155,054
Sector: Retail trade (NACE 47)
lowers risk
Founded in 2016
Figures for financial year 2025 (filed on 21-08-2026)
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 47, micro). It does better than 64% of them on solvency, 34% on liquidity, 96% on profitability and 93% on growth.

The bankruptcy probability was computed on 07-11-2026 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 low class on 30-06-2025, 0.8% 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, 34,693 companies had the same profile as BRAS-RUND has now. Each dot stands for 87 companies, two years later.

95.3%
were still trading
3.9%
stopped another way
0.7%
went bankrupt
  • Micro
  • 10 to 20 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more

That fits the bankruptcy probability of BRAS-RUND itself: 0.6% within 12 months.

Test of the method

The method was tested on the 497,447 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.

The companies in ten equal groups, from the lowest to the 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%

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 34,693 companies, not a prediction for BRAS-RUND. 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 €6,000 on 30-day terms is acceptable

Liquidity is ample, with a current ratio of 1.97 (1.54 in 2024), above the usual 1.5. Short-term debt is 50.9% and cash 10.1% of total assets. However, 50.9% of the assets are financed with debt and provisions.

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
lowers riskraises risk
raises risk · Size: total assets €155,054
Companies of this size fail more often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Sector: Retail trade (NACE 47)
KBO
lowers risk · Founded in 2016
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Figures for financial year 2025 (filed on 21-08-2026)
NBB · annual accounts
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year €76,173
raises risk · 2025 accounts filed 21 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 21-08-2026, 21 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 9 filings
Deviation from the deadline
2025
21 days late
2024
26 days late
2023
26 days late
2022
31 days late
2021
66 days late
2020
47 days late
2019
98 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 45 days after the deadline. In the sector (NACE 47), the median for financial year 2024 was on the deadline day, and 47% 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 27 August (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
08-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

DD
Director, since 08-04-2016
Board & ownership

Recent changes

New establishment in Lichtervelde Statiestraat 153
Registered in the Peppol Directory Reachable for e-invoices through 0208:0651701230
Resignation: Dieter Lootens (director) Director discharge: Dieter Lootens (director (not named in the articles)) · General meeting of 02-05-2024 · Gazette deed
First establishment Bruggesteenweg 63, Wingene
All 17 events

Comparable companies

same main activity, similar in size and age
Company
BRAS-RUND Wingene - - 49.1% -
BOUCHERIE MEZIANE Mouscron - - 42.2% -
Boucherie des 3 Amay - - -0.4% -
PARIAN Wevelgem €704,984 2.4% 21.7% -
SLAGERIJ JOCA Nieuwpoort - - 12.2% -
S.K.I.L PARTENAIRE Saint-Josse-ten-Noode - - -6.3% -
MOBRA Forest €469,751 3.9% -7.4% -

These companies have the same main activity as BRAS-RUND: retail sale of meat and meat products, excluding game and poultry (NACE 47221). They are comparable in size and age: total assets between €130,000 and €213,000, founded between 2016 and 2017.

Official details

Source: KBO
Status
Active since 07-04-2016Normal situation
Activity
Retail sale of meat and meat products, excluding game and poultryNACE 47221
Establishment units
2.256.724.6958755 Wingene, since 08-04-2016
2.386.047.0758810 Lichtervelde, since 02-01-2026
Financial year end
31 December
Peppol
Reachable since 29-12-2025
Company details

Annual accounts 2025

€155,054▲ 47.6%
Filing
Filed on 21-08-2026
Financials

Insights on BRAS-RUND

BRAS-RUND files the micro format. That format states no turnover. The gross margin rose from €1,878 in 2017 to €74,583 in 2025.

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 BRAS-RUND

What is the company number of BRAS-RUND?
The company number of BRAS-RUND is 0651.701.230. The VAT number is the same number with BE in front: BE 0651.701.230.
Where is BRAS-RUND based?
The registered office is at Bruggesteenweg 63, 8755 Wingene.Company details
What does BRAS-RUND do?
According to the KBO register, the main activity is retail sale of meat and meat products, excluding game and poultry (NACE 47221).
What is the legal form of BRAS-RUND?
BRAS-RUND is a private limited company (pre-2019) (BVBA).
When was BRAS-RUND founded?
BRAS-RUND was founded on 07-04-2016.
Is BRAS-RUND still active?
Yes, BRAS-RUND is an active enterprise in the KBO register.
What is the turnover of BRAS-RUND?
The turnover in financial year 2025 is ≈ €590,000. This figure is estimated from the gross margin of €74,583 and 45 comparable companies (NACE 472). It probably lies between €340,000 and €800,000.Financials
Is BRAS-RUND profitable?
In financial year 2025, BRAS-RUND made a profit of €39,254.
Where can I find the annual accounts of BRAS-RUND?
BRAS-RUND filed 9 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of BRAS-RUND due?
BRAS-RUND must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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