Equity
€300,566 ▼ 32.8%
BRASMAR paid out €126,316 in dividends in a year with a loss of €20,209.
BRASMAR
Lifetime
20 annual accounts with figures on one time axis, 30 filings since 1996peak €254,214 (2017)
-€18,286▼ €28,600
lowest -€20,209 (2025)
-€20,209▼ €43,154
peak €582,040 (2023)
€300,566▼ 32.8%
€47,773▲ 195%
Board3 names since 1995
2 directorsEugène VANFLETEREN and 1 other
Documentsfilings and deeds
26-06-202635 days before the deadline
2025micro format
Gross margin from €10,314 to -€18,286Loss of €20,209Dividend €126,316Equity from €447,091 to €300,566Debts from €16,185 to €47,773Investments €1,221
Key points
from the 2025 annual accountsInvestments
€1,221 7.0 × depreciation
Green is investment, beige is depreciation.
Position in the sector
-€20,209
Lower net result than 92% of companies in head offices and management consultancy. Sector median €27,138 · 39,380 companies.
Turnover not published (micro format)
Checked score
93
Excellent
Financially stronger than 46% of micro companies in head offices and management consultancy (NACE 70)
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: 0.1% across 48,570 companies (NACE 70, micro).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: < 0.1%
01-2025: < 0.1%● unchanged vs 12-2024lowest value
02-2025: < 0.1%● unchanged vs 01-2025
03-2025: < 0.1%● unchanged vs 02-2025
04-2025: < 0.1%● unchanged vs 03-2025
05-2025: < 0.1%● unchanged vs 04-2025
06-2025: < 0.1%● unchanged vs 05-2025
07-2025: < 0.1%● unchanged 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 06-2026
08-2026: < 0.1%● unchanged vs 07-2026
09-2026: < 0.1%● unchanged vs 08-2026
10-2026: < 0.1%● unchanged vs 09-2026highest value
11-2026: < 0.1%● unchanged vs 10-2026highest value
Financial strengthStrong
Score breakdown
raises risk
Loss of €20,209 (financial year 2025)
lowers risk
Liquidity: current ratio 7.27, cash €81,374
Sector: Activities of head offices; management consultancy activities (NACE 70)
Equity €300,566 (86.3% of total assets)
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 70, micro). It does better than 86% of them on solvency, 69% on liquidity, 11% on profitability and 17% on growth.
The bankruptcy probability was computed on 09-11-2026 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, 12,322 companies had the same profile as BRASMAR has now. Each dot stands for 31 companies, two years later.
90.3%
were still trading
8.6%
stopped another way
0.7%
went bankrupt
Another 0.5% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of BRASMAR itself: < 0.1% 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.
| 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 12,322 companies, not a prediction for BRASMAR. 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 €25,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 7.27 (28.62 in 2024), above the usual 1.5. Short-term debt is 13.7% and cash 23.4% of total assets. 13.7% 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
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 26-06-2026, 35 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
35 days early
2024
66 days early
2023
63 days early
2022
47 days early
2021
54 days early
2020
46 days early
2019
44 days early
← 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 51 days before the deadline. In the sector (NACE 70), the median for financial year 2024 was 9 days before the deadline, and 32% 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 7 June (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0454966820
1 manager resigning, 2 directors reappointed
Change of role: Eugène VANFLETEREN, from director, formerly manager to statutory director · Resignation: HELEWAUT (director, formerly manager) · Reappointments: Eugène VANFLETEREN (statutory director) and HELEWAUT (director) · General meeting of 24-10-2023 · Gazette deed
First establishment
Mariettalei 15, Brasschaat
Incorporation
published on 10-05-1995 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| BRASMAR Brasschaat | €348,340 | -€18,286 | 86.3% | - |
| IMMOTECH Brasschaat | €342,657 | -€15,209 | -15.2% | - |
| HALE Brasschaat | €342,584 | -€578 | 85.7% | - |
| JUSTIN Beveren-Kruibeke-Zwijndrecht | €338,247 | -€7,584 | 82.6% | - |
| Spectacles Lint | €334,436 | -€33,799 | 35.7% | - |
| MONKEY Antwerp | €331,289 | -€2,773 | 95.5% | - |
| PROFESSIONAL GOLF MANAGEMENT Mechelen | €368,340 | -€29,919 | 75.5% | - |
These companies have the same main activity as BRASMAR: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €331,000 and €368,000, founded between 1992 and 1995.
Official details
Source: KBO- Status
- Active since 14-04-1995Normal situation
- Activity
- Business and other management consultancyNACE 70200
- Establishment unit
- 2.071.454.9922930 Brasschaat, since 03-05-1995
- Financial year end
- 31 December
- Peppol
- Reachable since 27-01-2025
Annual accounts 2025
- €348,340▼ 24.8%
- Filing
- Filed on 26-06-2026, 35 days before the end of the filing period
Insights on BRASMAR
BRASMAR files the micro format. That format states no turnover. The gross margin fell from €11,562 in 2006 to -€18,286 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 BRASMAR
- What is the company number of BRASMAR?
- The company number of BRASMAR is 0454.966.820. The VAT number is the same number with BE in front: BE 0454.966.820.
- Where is BRASMAR based?
- The registered office is at Mariettalei 15, 2930 Brasschaat.Company details
- What does BRASMAR do?
- According to the KBO register, the main activity is business and other management consultancy (NACE 70200).
- What is the legal form of BRASMAR?
- BRASMAR is a private limited company (BV).
- When was BRASMAR founded?
- BRASMAR was founded on 14-04-1995.
- Is BRASMAR still active?
- Yes, BRASMAR is an active enterprise in the KBO register.
- What is the turnover of BRASMAR?
- The annual accounts for financial year 2025 state no turnover. The micro format does not require it.Financials
- Is BRASMAR profitable?
- In financial year 2025, BRASMAR made a loss of €20,209.
- Where can I find the annual accounts of BRASMAR?
- BRASMAR filed 30 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of BRASMAR due?
- BRASMAR must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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