BRASPENNINCX
ActiveBRASPENNINCX has been active since 1984 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €99k and a net result of €-1k. Equity is growing by ~6.7% per year across the filed fiscal years. Its solvency ranks better than 49% of 26043 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2024
56
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability38▲+19
Solvency56▲+3
Growth52=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days only on tighter terms
Liquidity ample (current ratio 1.62 against 1.67 in 2023; short-term debt: 33% and cash: 2.9% of total assets), but 68.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
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
31.1%
Return on assets
-0.4%
Age of the figures
21 mo
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024Net result per financial year
18192021222324
2018 to 2024 · latest year €-1k
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 09-04-2026, 252 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
252 d late
2023
124 d late
2022
10 d late
2021
29 d late
2020
19 d late
2019
40 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€99k▼ 1.2%
2023 · €100k
2018: €67k
2019: €56k
2020: €91k
2021: €115k
2022: €117k
2023: €100k
2018 → 2024
Total assets
€319k▼ 11.2%
2023 · €359k
2018: €412k
2019: €356k
2020: €391k
2021: €367k
2022: €379k
2023: €359k
2018 → 2024
Net result
€-1k▲ 93.0%
2023 · €-17k
2018: €8k
2019: €-11k
2020: €35k
2021: €28k
2022: €3k
2023: €-17k
2018 → 2024
Working capital
€65k▼ 11.9%
2023 · €74k
2018: €77k
2019: €59k
2020: €103k
2021: €109k
2022: €104k
2023: €74k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€91k-€115k▲ 26.1%€117k▲ 2.5%€100k▼ 14.5%€99k▼ 1.2%
Operating result€50k-€34k▼ 33.2%€13k▼ 62.4%€-8k€8k
Net result€35k-€28k▼ 18.4%€3k▼ 89.9%€-17k€-1k▲ 93.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €8k after a loss of €8k in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €319k
Fixed assets
€148k▼ 14.5%
Current assets
€171k▼ 8.2%
Equity and liabilities €319k
Equity
€99k▼ 1.2%
Debt
€220k▼ 15.1%
The debt ratio falls from 72.0% to 68.9%. Equity and debt are lower.
Key figures and ratios
EBITDA
€19k▲
2023 · €7k
Cash flow
€10k▲
2023 · €-2k
Solvency
31.1%▲
2023 · 28.0%
Current ratio
1.62▼
2023 · 1.67
Quick ratio
0.78▼
2023 · 0.83
Debt / equity
2.21▼
2023 · 2.58
ROE
-1.2%▲
2023 · -16.9%
ROA
-0.4%▲
2023 · -4.7%
Interest coverage
2.37▲
2023 · 0.69
Debt
€220k▼
2023 · €259k
Debt ≤ 1 year
€105k▼
2023 · €112k
Debt > 1 year
€114k▼
2023 · €147k
Income taxes
€1k▲
2023 · €484
Staff costs
€65k▼
2023 · €65k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€359k€319k▼
Fixed assets21/28€173k€148k▼
Intangible fixed assets21€0-
Tangible fixed assets22/27€173k€148k▼
Land and buildings22€150k€140k▼
Plant, machinery and equipment23€9k€8k▼
Furniture and vehicles24€14k€0▼
Current assets29/58€186k€171k▼
Stocks and contracts in progress3€94k€89k▼
Stocks30/36€94k€89k▼
Amounts receivable within one year40/41€46k€50k▲
Trade receivables40€20k€20k▼
Other amounts receivable41€26k€30k▲
Current investments50/53€16k€20k▲
Cash at bank and in hand54/58€27k€9k▼
Deferred charges and accrued income490/1€4k€3k▼
Equity and liabilities
Total equity and liabilities10/49€359k€319k▼
Equity10/15€100k€99k▼
Contributions10/11€19k€19k=
Reserves13€20k€20k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€18k€18k=
Profit (loss) carried forward14€62k€60k▼
Amounts payable17/49€259k€220k▼
Amounts payable after more than one year17€147k€114k▼
Financial debts170/4€147k€114k▼
Amounts payable within one year42/48€112k€105k▼
Current portion of amounts payable after more than one year42€27k€25k▼
Financial debts43€33k€38k▲
Credit institutions430/8€4k€3k▼
Other loans439€29k€35k▲
Trade debts44€17k€9k▼
Suppliers440/4€17k€9k▼
Taxes, remuneration and social security45€33k€33k▲
Taxes450/3€23k€19k▼
Remuneration and social security454/9€10k€14k▲
Other amounts payable47/48€1k€607▼
Income statement
Code20232024
Non-recurring operating income76A€0-
Remuneration, social security and pensions62€65k€65k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€15k€11k▼
Other operating charges640/8€4k€4k▼
Non-recurring operating charges66A-€6k
Gross operating margin9900€77k€94k▲
Operating profit (loss)9901€-8k€8k▲
Financial income75/76B€2k€0▼
Recurring financial income75€2k€0▼
Financial charges65/66B€11k€8k▼
Recurring financial charges65€11k€8k▼
Profit (loss) for the period before taxes9903€-16k€-67▲
Income taxes67/77€484€1k▲
Profit (loss) for the period9904€-17k€-1k▲
Profit (loss) for the period to be appropriated9905€-17k€-1k▲
Appropriation of the result
Profit (loss) to be appropriated9906€62k€60k▼
Profit (loss) brought forward from the previous period14P€78k€62k▼
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
09-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 252 days late
23-02
State Gazette act
RestructuringBoard meeting · Merger · Accounting effect4 facts ▸
State Gazette act
Restructuring
Board meeting · Merger · Accounting effect4 facts ▸
- Board meeting, 14/11/2025
- Merger, vereenvoudigde fusie zonder uitgifte van nieuwe aandelen, 01/01/2026
- Accounting effect, 01/01/2026
- Power of attorney, BV Verli
2024
02-12
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 124 days late
2023
31-12
Financial
Weakest financial yearnet €-17k ▼694%
Net result drops to €-17k, the lowest in the series; recovery starts the following year.
10-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 10 days late
2022
29-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 29 days late
2021
31-12
Financial
Equity above €100kEq €115k ▲26.1%
2 profitable years in a row build equity to €115k.
19-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 19 days late
2020
31-12
Financial
Back to profitnet €35k
Net result €35k after one loss-making year.
09-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 40 days late
2019
26-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 26 days late
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 30 days late
23-03
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 235 days late
2016
10-03
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 acts for this company are in the Belgian State Gazette, of which we have read 1. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Antwerpen · 1 establishment unit since 1984
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Eethuisstraat 582170 AntwerpenGround area
179 m²
Building footprint
179 m²
Volume, LiDAR
865 m³
Parcel 11423B0286/00W000, Flanders · tallest building 8.5 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Naaimachine-kliniek®
since 19842.024.411.576
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11423B0286/00W000 | Flanders | 179 m² | 1 · 179 m² | 8.5 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Acquisitions and mergers
1 transactionTook over:VIBAR BV
Public money · subsidies and aid
Flemish government
2022 · 1 entry · 2,000 EUR awarded · 2,000 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 1 | 2,000 EUR | 2,000 EUR |
Schemes
Hinderpremie bij openbare werken
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SELECT MAGIC
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Of 4,245 companies in sector 47789 we hold annual accounts for 1,020. 818 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded29-03-1984
Fiscal year end31-12
Activities, NACEBEL
47789Other retail sale of new goods
52494
52740
95290Repair and maintenance of other personal and household goods
Sources
Crossroads Bank for EnterprisesNational Bank · 40 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.