BRASILIS
ActiveSummary
The computed 12-month bankruptcy probability of BRASILIS is 1.6% (moderate). The 2024 annual accounts show equity of €75,106 and a net result of €8,581. Equity is growing by ~13.5% per year across the filed fiscal years. Its solvency ranks better than 75% of 36370 sector peers (fiscal year 2024). The company has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals.
Overview
What they do
Painting of buildings
NACE 43341NACE 51840
1 site
How big
€108,770total assets 2024
- Equity
- €75,106
- Profit
- €8,581
Who decides
- Board
- 1 member
Accounts 62 d overdue1 of 6 deeds read
Why 67- Higher-failure-rate sector- Higher-failure-rate region- Annual accounts: weaker financial profile+ Long track recordFiled after the deadlineShow the evidence
Checked score
Score 2024
Axes · tick = 2023
Profitability79▲+3
Solvency94▲+18
Growth52=
Track record100
Bankruptcy probability, 12 months
1.6%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €5,000 at 30 days acceptable
Liquidity ample (current ratio 3.14 against 2.03 in 2023; short-term debt: 31% and cash: 2% of total assets), and 31% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
69%
Return on assets
7.9%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-08-2025, 30 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
30 d late
2023
30 d late
2022
141 d late
2021
61 d late
2020
31 d late
2019
89 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 64 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
Checked, nothing found (1)
- Appointment: SANTANA VAZ Fernando (director)Share transfer
- Annual accounts filedfiscal year 2024 · micro…
- Annual accounts filedfiscal year 2023 · micro…
Financials
Fiscal year 2024Total assets €108,770Profit €8,581Solvency 69.0%Liquidity 3.14
Total assets
€108,770▼ 16.1%
2018 - 2024
Net result
€8,581▲ 7.8%
2018 - 2024
Equity
€75,106▲ 12.9%
2018 - 2024
Solvency
69.0%▲ 17.7pp
2018 - 2024
Financials · fiscal year 2024, micro schema
Trend over the years
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€24,166▲ 583%€38,234▲ 58.2%-€3,146€9,575€10,396▲ 8.6%
Net result€23,131within the sector's middle half▲ 1,176%€31,466above the sector's middle half▲ 36.0%-€4,530below the sector's middle half€7,962within the sector's middle half€8,581within the sector's middle half▲ 7.8%
Equity€50,626within the sector's middle half▲ 84.1%€82,092within the sector's middle half▲ 62.2%€77,562within the sector's middle half▼ 5.5%€66,524within the sector's middle half▼ 14.2%€75,106within the sector's middle half▲ 12.9%
Total assets€150,453within the sector's middle half▲ 193%€160,122within the sector's middle half▲ 6.4%€175,366within the sector's middle half▲ 9.5%€129,572within the sector's middle half▼ 26.1%€108,770within the sector's middle half▼ 16.1%
Debt€99,827▲ 318%€78,030▼ 21.8%€97,804▲ 25.3%€63,048▼ 35.5%€33,665▼ 46.6%
Working capital€48,911within the sector's middle half▲ 97.7%€77,974within the sector's middle half▲ 59.4%€75,044within the sector's middle half▼ 3.8%€64,808within the sector's middle half▼ 13.6%€71,928within the sector's middle half▲ 11.0%
Solvency33.6%within the sector's middle half▼ 19.9pp51.3%within the sector's middle half▲ 17.6pp44.2%within the sector's middle half▼ 7.0pp51.3%within the sector's middle half▲ 7.1pp69.0%within the sector's middle half▲ 17.7pp
Current ratio1.49within the sector's middle half▼ 0.552.00within the sector's middle half▲ 0.511.77within the sector's middle half▼ 0.232.03within the sector's middle half▲ 0.263.14within the sector's middle half▲ 1.11
Return on assets (ROA)15.4%within the sector's middle half▲ 11.8pp19.7%above the sector's middle half▲ 4.3pp-2.6%below the sector's middle half▼ 22.2pp6.1%within the sector's middle half▲ 8.7pp7.9%within the sector's middle half▲ 1.7pp
above
within
below
the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings.
Result and balance sheet
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 9% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €108,770
Fixed assets
€3,177 ▲ 85.2%
Current assets
€105,593 ▼ 17.4%
Equity and liabilities €108,770
Equity
€75,106 ▲ 12.9%
Debt
€33,665 ▼ 46.6%
Debt's share of the balance-sheet total falls from 48.7% to 31.0%. Equity is higher and debt is lower.
Key figures and ratios
Key figures and ratios
EBITDA
€11,197▲
2023 · €10,377
Cash flow
€9,382▲
2023 · €8,764
Debt to equity
0.45▼
2023 · 0.95
ROE
11.4%▼
2023 · 12.0%
Interest coverage
6.17▼
2023 · 6.43
Debt ≤ 1 year
€33,665▼
2023 · €63,048
Staff costs
€3,188
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 31,371 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 93% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.5%
went bankrupt
5.9%
stopped otherwise
93%
still going
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 1.6% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,341 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% | 1.0% |
| 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% 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 31,371 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.
Filed annual accounts
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €22,860 | - | - | €3,188 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,045 | €1,601 | €1,601 | €802 | €801 | ▼ 0.1% |
| Other operating charges640/8 | - | €589 | €656 | €717 | €823 | ▲ 14.9% |
| Gross operating margin9900 | €25,609 | €63,284 | -€889 | €11,094 | €15,208 | ▲ 37.1% |
| Operating profit (loss)9901 | €24,166 | €38,234 | -€3,146 | €9,575 | €10,396 | ▲ 8.6% |
| Financial charges65/66B | - | €1,006 | €1,385 | €1,613 | €1,815 | ▲ 12.5% |
| Recurring financial charges65 | €1,035 | €1,006 | €1,385 | €1,613 | €1,815 | ▲ 12.5% |
| Profit (loss) for the period before taxes9903 | €23,131 | €37,228 | -€4,530 | €7,962 | €8,581 | ▲ 7.8% |
| Income taxes67/77 | - | €5,762 | - | - | - | - |
| Profit (loss) for the period9904 | €23,131 | €31,466 | -€4,530 | €7,962 | €8,581 | ▲ 7.8% |
| Profit (loss) for the period to be appropriated9905 | €23,131 | €31,466 | -€4,530 | €7,962 | €8,581 | ▲ 7.8% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €150,453 | €160,122 | €175,366 | €129,572 | €108,770 | ▼ 16.1% |
| Fixed assets21/28 | €1,716 | €4,118 | €2,518 | €1,716 | €3,177 | ▲ 85.2% |
| Tangible fixed assets22/27 | €1,600 | €4,003 | €2,402 | €1,600 | €3,062 | ▲ 91.3% |
| Plant, machinery and equipment23 | - | - | - | - | €2,262 | - |
| Furniture and vehicles24 | - | €1,923 | €842 | €560 | €280 | ▼ 50.1% |
| Other tangible fixed assets26 | - | €2,080 | €1,560 | €1,040 | €520 | ▼ 50.0% |
| Financial fixed assets28 | €116 | €116 | €116 | €116 | €116 | = |
| Current assets29/58 | €148,738 | €156,004 | €172,848 | €127,856 | €105,593 | ▼ 17.4% |
| Amounts receivable within one year40/41 | €130,001 | €148,658 | €172,848 | €127,056 | €103,402 | ▼ 18.6% |
| Trade receivables40 | - | €41,280 | €45,426 | €23,361 | €19,819 | ▼ 15.2% |
| Other amounts receivable41 | - | €107,377 | €127,421 | €103,696 | €83,583 | ▼ 19.4% |
| Cash at bank and in hand54/58 | €18,737 | €7,346 | - | €800 | €2,191 | ▲ 174% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €150,453 | €160,122 | €175,366 | €129,572 | €108,770 | ▼ 16.1% |
| Equity10/15 | €50,626 | €82,092 | €77,562 | €66,524 | €75,106 | ▲ 12.9% |
| Contributions10/11 | €19,000 | €19,000 | €19,000 | - | - | - |
| Outside capital11 | - | €19,000 | €19,000 | - | - | - |
| Other1109/19 | - | €19,000 | €19,000 | - | - | - |
| Reserves13 | €1,900 | €1,900 | €1,900 | €1,900 | €1,900 | = |
| Non-distributable reserves130/1 | - | €1,900 | €1,900 | €1,900 | €1,900 | = |
| Reserves not available under the articles1311 | - | €1,900 | €1,900 | €1,900 | €1,900 | = |
| Profit (loss) carried forward14 | €29,726 | €61,192 | €56,662 | €64,624 | €73,206 | ▲ 13.3% |
| Amounts payable17/49 | €99,827 | €78,030 | €97,804 | €63,048 | €33,665 | ▼ 46.6% |
| Amounts payable within one year42/48 | €99,827 | €78,030 | €97,804 | €63,048 | €33,665 | ▼ 46.6% |
| Financial debts43 | - | - | €19,163 | €6,872 | €6,872 | = |
| Credit institutions430/8 | - | - | €19,163 | €6,872 | €6,872 | = |
| Trade debts44 | €91,187 | €71,569 | €62,086 | €50,102 | €16,638 | ▼ 66.8% |
| Suppliers440/4 | - | €71,569 | €62,086 | €50,102 | €16,638 | ▼ 66.8% |
| Taxes, remuneration and social security45 | - | €2,866 | €12,960 | €3,064 | €7,864 | ▲ 157% |
| Taxes450/3 | - | - | €12,960 | €3,064 | €7,864 | ▲ 157% |
| Remuneration and social security454/9 | - | €2,866 | - | - | - | - |
| Other amounts payable47/48 | - | €3,595 | €3,595 | €3,010 | €2,290 | ▼ 23.9% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €23,131 | €31,466 | -€4,530 | €7,962 | €8,581 | ▲ 7.8% |
| + Depreciation and write-downs630 | €1,045 | €1,601 | €1,601 | €802 | €801 | ▼ 0.1% |
| Operating cash flow (approximation) | €24,176 | €33,067 | -€2,930 | €8,764 | €9,382 | ▲ 7.0% |
| Investment in fixed assets (approximation) | - | -€4,003 | €0 | €0 | -€2,262 | - |
| Change in cash | - | -€11,391 | - | - | €1,391 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Comparable companies
Similar companies · same sector, comparable size
HAUBRECHTS François
BE 0787.870.523
Donceel · Eq €75,076
SCHILDERWERKEN BREBELS
BE 0440.465.518
Oudsbergen · Eq €75,032
AERTEBEAU
BE 0543.736.072
Dendermonde · Eq €75,226
BLS Painting
BE 0787.680.976
Hasselt · Eq €74,980
Deco d'oro
BE 0432.146.777
Gavere · Eq €74,891
Of 7,871 companies in this sector we hold annual accounts for 2,666. 2,313 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Board & ownership
1 director
Directors
Directors
1 director, last change in 2025
SANTANA VAZ Fernando
CurrentDirector · since 05-12-2025
Derived from published Gazette acts. The CBE keeps the official list of function holders; we do not read it, so the two can differ.
See the function holders in the CBE →
Not every act has been read: a resignation may be missing here
5 of this company's 6 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Mandate history
1 person since 2025, 1 in office
- Board
| Name | Functions and periods |
|---|---|
| SANTANA VAZ Fernando |
|
Structure & network
Connections & network
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
This company
Company
Director
Shareholding
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Click a node to look further, drag to arrange, scroll to zoom.
Capital and shareholders
Shareholders according to the acts
Share transfer
act of 25-03-2026 ↗
- SOUZA COSTA Regino to SANTANA VAZ Marcos part of all shares
- SOUZA COSTA Regino to SANTANA VAZ Fernando part of all shares
- FREITAS Johnny to SANTANA VAZ Marcos part of all shares
- FREITAS Johnny to SANTANA VAZ Fernando part of all shares
- FERNANDES LIRA Gabriel to SANTANA VAZ Marcos part of all shares
- FERNANDES LIRA Gabriel to SANTANA VAZ Fernando part of all shares
The Belgian State Gazette names shareholders only when an act mentions them; the share register itself is not published.
Timeline
14 eventsLatest 25-03-2026
History
Acts, filings and financial milestones
2026
25-03
State Gazette act
Appointment: SANTANA VAZ Fernando (director)Share transfer8 facts ▸
State Gazette act
Appointment: SANTANA VAZ Fernando (director)
Share transfer8 facts ▸
- General meeting, 05/12/2025
- Share transfer, SOUZA COSTA Regino → SANTANA VAZ Marcos
- Share transfer, SOUZA COSTA Regino → SANTANA VAZ Fernando
- Share transfer, FREITAS Johnny → SANTANA VAZ Marcos
- Share transfer, FREITAS Johnny → SANTANA VAZ Fernando
- Share transfer, FERNANDES LIRA Gabriel → SANTANA VAZ Marcos
- Share transfer, FERNANDES LIRA Gabriel → SANTANA VAZ Fernando
- Director appointment, SANTANA VAZ Fernando (director)
2025
30-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 30 days late
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
31-12
Financial
Back to profitnet €7,962
Net result €7,962 after one loss-making year.
19-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 141 days late
2022
31-12
Financial
Weakest financial yearnet -€4,530
Net result drops to -€4,530, the lowest in the series; recovery starts the following year.
30-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 61 days late
2021
31-12
Financial
Highest result since 2018net €31,466 ▲36%
Operating result €38,234, net result €31,466, both a record.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
28-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 89 days late
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 30 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 31 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 31 days late
2016
30-09
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 61 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 6 acts read
About the unread acts
Of the 6 Belgian State Gazette acts we know for this company, 1 has been read. The other 5 have not been read yet: what they contain is neither established nor disproved here.
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Company details
Private limited company · founded 19-07-2005Year ends 31-12Peppol reachable1 site
Register details
Identification
Legal formPrivate limited company
Founded19-07-2005
Fiscal year end31-12
Activities, NACEBEL 2025
43341Painting of buildings
43230Insulation installation
43310Plastering work
43320Joinery installation
43333Wallpapering and laying of floor and wall coverings in other materials
43350Other building finishing work
46500Wholesale of information and communication equipment
47400Retail sale of information and communication equipment
95100Repair and maintenance of computers and communication equipment
Contact
E-invoicing
Reachable via Peppol
Peppol ID
0208:0875187745
Registered
05-02-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 1 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Sites & property
Location & real-estate footprint
Registered office, Brussel · 1 establishment unit since 2005
Ground area
1,211 m²
Building footprint
202 m²
Volume, LiDAR
2,603 m³
2 parcels, Brussels · tallest building 20.3 m, ±6 floors. Linked by address, not a title deed.
13
companies at this address
See who is registered here
1 establishment unit
MICRO WORLD PC
since 2005unit no. 2.148.703.022
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21562A0431/00S006 | Brussels | 724 m² | 1 · 114 m² | 15.8 m · 4 fl. |
| 21810L2202/00B003 | Brussels | 487 m² | 1 · 88 m² | 20.3 m · 6 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.
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you trust this company with building work?Contractor check Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark
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