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Checked processes every Belgian company, act by act, from the Belgian Official Gazette. The data below is real and verified, this company's full, act-by-act verified dossier is still being assembled.
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Summary
Conclusion
the dossier summarised in one paragraphBrass Holding is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €2.60M and a net result of €-397k. Its solvency ranks better than 28% of 503 sector peers (fiscal year 2025). The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.
Based on the State Gazette, CBE and 1 annual account.
Filing behaviour
From the deposit records, complete market-wideLatest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 31-03-2026, 30 days ahead of the deadline. This speaks to administrative punctuality and says nothing about the financial position.
How we compute the deadline
There is a single filed set of accounts, closing on 30-09. That date is certain, but one observation does not establish the rhythm (a first financial year may run longer than twelve months), so we project no following year. The statutory deadline is seven months after the close of the financial year (art. 3:10 par. 1 CAC, art. 3:47 par. 7 for ASBL and foundations). Applied to the financial year that closed on 30-09-2025, that is 30-04-2026.
Deadline per financial year
| Year closed | Due by | Filed | Variance | Reference |
|---|---|---|---|---|
| 30-09-2025 | 30-04-2026 | 31-03-2026 | 30 d early | 2026-00068199 |
Source: the National Bank's deposit records. Those records are complete, including for years whose figures we have not read yet. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.
Trust signals
2 signalsYoung company
Founded in 2024, under 3 years, statistically higher risk.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.
Administrative Flags
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Bankruptcy probability (12 mo)
Checked model v1 · free for everyoneThis is a financial institution (bank, insurer or financial holding). Our bankruptcy model is trained on ordinary trading and manufacturing companies; a bank balance sheet falls outside that scope. We therefore show no bankruptcy probability rather than a misleading figure.
Financials
Equity€2.60M
Net result€-397k
Total assets€11.22M
Solvency23.2%
Annual accounts & ratios
Source: NBB · 2025Annual accounts filed on 31-03-2026 with the NBB · fiscal year 2025 · verkort
Sector comparison
Fiscal year 2025 · NACE 64, Financial services · compared within the same schema type (abbreviated schema)
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 23.2% | 43.4% | |
| Net result | €-397k | €67k | |
| Equity | €2.60M | €491k | |
| Gross operating margin | €-50k | €82k | |
| Total assets | €11.22M | €1.58M |
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
| Fiscal year | 2025 |
|---|---|
| Deposit | verkort |
| Revenue | n/a |
| EBITDA | n/a |
| Net profit | €-397k |
| Cash flow | n/a |
| Staff costs | - |
| Income taxes | - |
| Dividends | - |
| Total assets | €11.22M |
| Equity | €2.60M |
| Debt | €8.61M |
| of which ≤ 1y | €2.96M |
| of which > 1y | €5.64M |
| Working capital | n/a |
| Employees (FTE) | - |
Ratios (computed)
| 2025 | |
|---|---|
| Current ratio | n/a |
| Quick ratio | n/a |
| Working capital ratio | n/a |
| Solvency | 23.2% |
| Debt / equity | n/a |
| Long-term debt ratio | n/a |
| Interest coverage | n/a |
| Gross margin | n/a |
| Net margin | n/a |
| ROA | -3.5% |
| ROE | -15.2% |
| EBITDA margin | n/a |
| Days sales outstanding | n/a |
| Days payable outstanding | n/a |
| Inventory turnover | n/a |
| Days inventory (DSI) | n/a |
Balance-sheet composition 2025
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2025 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €11.22M |
| Fixed assets | 21/28 | €11.13M |
| Financial fixed assets | 28 | €11.13M |
| Current assets | 29/58 | €87k |
| Amounts receivable within one year | 40/41 | €24k |
| Cash & bank | 54/58 | €63k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €11.22M |
| Equity | 10/15 | €2.60M |
| Contributions / capital | 10/11 | €3.00M |
| Accumulated profits (losses) | 14 | €-397k |
| Amounts payable | 17/49 | €8.61M |
| Amounts payable after one year | 17 | €5.64M |
| Amounts payable within one year | 42/48 | €2.96M |
| Trade debts payable within one year | 44 | €5k |
| Income statement | ||
| Gross operating margin | 9900 | €-50k |
| Operating result | 9901 | €-51k |
| Financial charges | 65 | €346k |
| Result before taxes | 9903 | €-397k |
| Net result for the period | 9904 | €-397k |
| Result to be appropriated | 9905 | €-397k |
Ratios computed by Checked.
Health barometer
FY 2025 · computedModel not applicable to financial institutions
The health score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here.
Directors
Directors & mandates
5 directorsCurrent directors & mandates
-
Tillzinc BVLegal entityDirectorState Gazette act 25023968 (17-02-2025)Current17-02-2025 → present
-
Current09-09-2024 → present
-
Current09-09-2024 → present
-
Current09-09-2024 → present
Former directors (1)
-
Ninix BVLegal entityDirector· perm. rep.: Simon SynaeghelState Gazette act 25023968 (17-02-2025)Former- → 17-02-2025
Full appointment history from the Belgian State Gazette. Permanent representatives are shown for corporate directors.This list is read straight from this company's published acts, not from the officer register.
Insolvency mandates
No insolvency mandates (liquidators, administrators) on record for this company.
Legal Structure
| NACE primary | Activiteiten van holdings(64210) |
| Legal form | Private limited company(610) |
| Incorporation | 17-06-2024 |
| Status | Active |
| Postal code | 9830 |
Structure & network
Locations & real estate
Registered office
on the map · from the address registerEstablishment units
1 locationBrass Holding
since 20242.363.042.041
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels1
Ground area7,043 m²
Buildings1
Building footprint1,509 m²
Volume (LiDAR)3,533 m³
Tallest building13.4 m · ±1 fl.
Real-estate footprint
Source: CBE × cadastre · address linkingParcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44064B0246/00F000 | Flanders | 7,043 m² | 1 · 1,509 m² | 13.4 m · 1 fl. |
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Publications
Lifecycle & Insolvency Signals
No insolvency signals in the Belgian State Gazette
Belgisch Staatsblad · acts
3 acts Capital history · 1
28-08-2024
Capital change
All acts · 3
updated 1 year ago
2025
17-02-2025 4 directors appointed, 1 resigning
- Tillzinc BV, Bestuurder
- Julie Vanermen, Gedelegeerd bestuurder
- Jan-Dante Dumon, Gedelegeerd bestuurder
- Louis Clarys, Gedelegeerd bestuurder
- Simon Synaeghel, Bestuurder
2024
09-09-2024 6 directors appointed
- Gooss BV, Bestuurder
- Gabriels Sales & Support BV, Bestuurder
- Algemene Onderneming De Ro BV, Bestuurder
- Julie Vanermen, Gedelegeerd bestuurder
- Jan-Dante Dumon, Gedelegeerd bestuurder
- Louis Clarys, Gedelegeerd bestuurder
28-08-2024 Capital increase of €2,999,999 to €2,999,999
- €0 → €2.999.999
- Inbreng in geld · Apport en numéraire
Notary:
Stijn RAES · Gent
Analysis
Snowflake analysis
financial profile on 5 axes30
/ 100
This figure rests on 3 of 5 axes. Too few to say where this company is strong or weak.
Computed on 3 of 5 axes. Not measured: health, growth. An unmeasured axis is not a zero: no data was read for it.
Health
-
Profitability
0
Solvency
22
Growth
-
Stability
67
Credit advice
verdict per customer and amountSimilar
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We hold annual accounts for 5,580 of the 24,686 companies in this sector. 1,945 of them are within a factor 10 of this company's equity.
Company registry
Company registry (CBE)
Crossroads BankActivities
Holdings64200Activiteiten van holdings64210Activiteiten van hoofdkantoren70100Activiteiten van hoofdkantoren70100Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies70200Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering70220Overige zakelijke dienstverlening, n.e.g.82990Overige zakelijke dienstverlening, neg82990
Primary activity highlighted.
Names & trade names
| Legal nameNL | Brass Holding |
Registered office
Kortrijksesteenweg 48 bus 5
9830 Sint-Martens-Latem, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.