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Brass Holding

Active Risk: not assessed
Private limited companyfounded 20242 yrs activeKortrijksesteenweg 48, 9830 Sint-Martens-Latem, BelgiumKBO/BCE: BE 1010.446.327
Summary

Brass 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 €2.6m and a net result of -€396,904. Its solvency ranks better than 25% of 5651 sector peers (fiscal year 2025). The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Outside the general model
Model not applicable to financial institutions
The Checked 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. That is why we show no financial axes either.
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Signals

Two signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Young company
Founded in 2024, under 3 years in business. Failure risk is statistically highest between 2 and 8 years after founding.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 2 years 0 10 y
neutral · Latest 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.
NBB · 1 filing
Deviation from the deadline
2025
30 d early
← before the deadline after the deadline →
Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 17 June 2024, Brass Holding was incorporated as a Private limited company.1 The company has filed annual accounts once, for fiscal year 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2025

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Financials · fiscal year 2025, abbreviated schema

Equity
€2.6m
Net result
-€396,904
Total assets
€11.2m
Solvency
23.2%

Turnover and EBIT margin not published: the abbreviated schema does not require them.

Balance-sheet composition
Assets €11.2m
Fixed assets €11.1m
Current assets €87,167
Equity and liabilities €11.2m
Equity €2.6m
Debt €8.6m
Debt finances 76.8% of the balance-sheet total.
Key figures and ratios
2025 value
ROE
-15.2%
ROA
-3.5%
Debt ≤ 1 year
€3.0m
Debt > 1 year
€5.6m
Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 34 lines
Balance sheet Code2025
Assets
Total assets20/58€11.2m
Fixed assets21/28€11.1m
Financial fixed assets28€11.1m
Current assets29/58€87,167
Amounts receivable within one year40/41€24,200
Trade receivables40€24,200
Cash at bank and in hand54/58€62,956
Deferred charges and accrued income490/1€12
Equity and liabilities
Total equity and liabilities10/49€11.2m
Equity10/15€2.6m
Contributions10/11€3.0m
Profit (loss) carried forward14-€396,904
Amounts payable17/49€8.6m
Amounts payable after more than one year17€5.6m
Financial debts170/4€5.6m
Amounts payable within one year42/48€3.0m
Current portion of amounts payable after more than one year42€666,066
Financial debts43€770,000
Credit institutions430/8€770,000
Trade debts44€4,538
Suppliers440/4€4,538
Taxes, remuneration and social security45€6,514
Taxes450/3€6,514
Other amounts payable47/48€1.5m
Accrued charges and deferred income492/3€15,605
Income statement Code2025
Other operating charges640/8€1,483
Gross operating margin9900-€49,905
Operating profit (loss)9901-€51,388
Financial charges65/66B€345,516
Recurring financial charges65€345,516
Profit (loss) for the period before taxes9903-€396,904
Profit (loss) for the period9904-€396,904
Profit (loss) for the period to be appropriated9905-€396,904
Appropriation of the result
Profit (loss) to be appropriated9906-€396,904

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Other operating charges640/8€1,483
Gross operating margin9900-€49,905
Operating profit (loss)9901-€51,388
Financial charges65/66B€345,516
Recurring financial charges65€345,516
Profit (loss) for the period before taxes9903-€396,904
Profit (loss) for the period9904-€396,904
Profit (loss) for the period to be appropriated9905-€396,904
Line2025
Assets
Total assets20/58€11.2m
Fixed assets21/28€11.1m
Financial fixed assets28€11.1m
Current assets29/58€87,167
Amounts receivable within one year40/41€24,200
Trade receivables40€24,200
Cash at bank and in hand54/58€62,956
Deferred charges and accrued income490/1€12
Equity and liabilities
Total equity and liabilities10/49€11.2m
Equity10/15€2.6m
Contributions10/11€3.0m
Profit (loss) carried forward14-€396,904
Amounts payable17/49€8.6m
Amounts payable after more than one year17€5.6m
Financial debts170/4€5.6m
Amounts payable within one year42/48€3.0m
Current portion of amounts payable after more than one year42€666,066
Financial debts43€770,000
Credit institutions430/8€770,000
Trade debts44€4,538
Suppliers440/4€4,538
Taxes, remuneration and social security45€6,514
Taxes450/3€6,514
Other amounts payable47/48€1.5m
Accrued charges and deferred income492/3€15,605
Line2025
Profit (loss) for the period9904-€396,904
Operating cash flow (approximation)-€396,904

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2026
27-08
State Gazette act Capital & shares · Miscellaneous
Share issue · Bank account · Statutes amendment16 facts ▸
  • General meeting, 12-08-2026
  • Other statement, Verzaking aan het opstellen van de uitgifteverslaggeving, EERSTE BESLUIT
  • Share issue, beschikbare eigen vermogensrekening
  • Bank account, KBC Bank, overhandigd aan notaris en bewaard in dossier
  • Other statement, Afstand van het voorkeurrecht, DERDE BESLUIT
  • Other statement, Inschrijving en storting op de nieuwe aandelen, VIERDE BESLUIT
  • Other statement, Vaststelling van de verwezenlijking van de bijkomende inbreng, VIJFDE BESLUIT
  • Statutes amendment, 5
  • Other statement, Kennisname van de verslaggeving, ZEVENDE BESLUIT
  • Financial instrument, Aandelenoptieplan 2026, 34782
  • Other statement, Afstand van het voorkeurrecht, NEGENDE BESLUIT
  • Power of attorney
  • +4 further facts in this act
31-03
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
State Gazette actNBB filing
1 of 5 acts read
About the unread acts

Of the 5 Belgian State Gazette acts we know for this company, 1 has been read. The other 4 have not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
No directors read yet: 1 of 5 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Sint-Martens-Latem · 1 establishment unit since 2024
seat establishment The establishment unit on the map
Ground area
7,043 m²
Building footprint
1,509 m²
Volume, LiDAR
3,533 m³
Parcel 44064B0246/00F000, Flanders · tallest building 13.4 m, ±1 floor. Linked by address, not a title deed.
92 companies at this address See who is registered here
1 establishment unit
Brass Holding
Kortrijksesteenweg 48, 9830 Sint-Martens-LatemHoldings
since 20242.363.042.041
1 parcel
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.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Articles of association

Other statement
NEERLEGGING EN BEWARING, exemplaar van ieder verslag geparafeerd door voorzitter,leden die dat wensen en notaris blijft gehecht om geregistreerd te worden samen…

Structure & network

Owners and holdings

1 holding · 2 subsidiaries in the tree

Owners 0

The accounts to 30-09-2025 list no shareholders, and no other source names one.

Holdings 1

All subsidiaries, including indirect ones 2

Companies in which this company or one of its subsidiaries holds more than half, or which it consolidates according to the LEI register.

According to the annual accounts to 30-09-2025 of Brass Holding and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Similar companies · same sector, comparable size

Of 24,721 companies in this sector we hold annual accounts for 19,804. 10,144 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Company details

Identification
Legal formPrivate limited company
Founded17-06-2024
Fiscal year end30-09
Activities, NACEBEL 2025
64210Activities of holding companies
70100Activities of head offices
70200Business and other management consultancy
82990Other business support services
E-invoicing
Reachable via Peppol
Peppol ID 0208:1010446327
Also 9925:BE1010446327
Registered 23-12-2025

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.