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BRATI

Active
Private limited companyfounded 2002active for 23 yearsIndustrieweg 1, 2850 Boom, Belgium12 active companies are registered at this addressKBO/BCE: BE 0478.884.941

The file of BRATI contains 2 judicial reorganisation notices, as published in the Belgian Official Gazette.

Summary

The computed 12-month bankruptcy probability is 10.0% (high). The 2025 annual accounts show negative equity (-€83,622) and a net result of €37,303. Equity is growing by about 3.9% per year across the filed financial years. Its solvency ranks better than 5% of 34,040 sector peers (NACE 43, financial year 2025).

Overview

Activity
Installation of electric heating, air conditioning, cooling and ventilation
NACE 43222
1 site
Size
€196,832total assets 2025
Staff
3.3 FTE
Equity
-€83,622
Profit
€37,303
Turnover not published (micro format)
Financial health
31 Weak Checked score 2025
Bankruptcy probabilitywithin 12 months
10.0%
Structure
Accounts 14 days early0 of 1 deed read
Why 31raises riskReorganisation plan being carried out (approved, Gazette 28-05-2024)Negative equity -€83,6222 of the last 3 latelowers riskSize: total assets €196,832Show the evidence

Checked score

Score 2025
31 / 100
Weak
Probability in this band: 4.2% to 15.0%
Financially better than 29% of its sector peers (NACE 43, micro)
Financial strength · tick = 2024
Weak
Solvency 0=
equity -42.5% of total assets
Liquidity 12+8
short-term debt 114.0% · cash 9.3%
Profitability 63+24
return on assets 19.0%
Bankruptcy probability, 12 months
10.0% High
0%0.5%1.5%4%10%≥ 25%

About 1 in 10 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,550 companies, NACE 43, micro)
Last 24 months 11-2024: 21.5% 12-2024: ≥ 25%▲ +3.7 percentage points vs 11-2024 01-2025: 24.1%▼ -1.1 percentage points vs 12-2024 02-2025: 24.2%▲ +0.1 percentage points vs 01-2025 03-2025: 23.9%▼ -0.3 percentage points vs 02-2025 04-2025: 23.9%● unchanged vs 03-2025 05-2025: 22.7%▼ -1.2 percentage points vs 04-2025 06-2025: 20.8%▼ -1.9 percentage points vs 05-2025 07-2025: 20.4%▼ -0.4 percentage points vs 06-2025 08-2025: 23.0%▲ +2.6 percentage points vs 07-2025 09-2025: 24.6%▲ +1.6 percentage points vs 08-2025 10-2025: ≥ 25%▲ +0.8 percentage points vs 09-2025 11-2025: ≥ 25%● unchanged vs 10-2025 12-2025: ≥ 25%● unchanged vs 11-2025highest value 01-2026: 13.7%▼ -16.2 percentage points vs 12-2025 02-2026: 12.2%▼ -1.5 percentage points vs 01-2026 03-2026: 11.9%▼ -0.3 percentage points vs 02-2026 04-2026: 11.9%● unchanged vs 03-2026 05-2026: 11.7%▼ -0.2 percentage points vs 04-2026 06-2026: 10.0%▼ -1.7 percentage points vs 05-2026lowest value 07-2026: 10.0%● unchanged vs 06-2026lowest value 08-2026: 10.0%● unchanged vs 07-2026lowest value 09-2026: 10.0%● unchanged vs 08-2026lowest value 10-2026: 10.0%● unchanged vs 09-2026lowest value
No credit on open account
Liquidity insufficient (current ratio 0.82, compared with 0.86 in 2024; short-term debt: 114% and cash: 9.3% of total assets), and equity is negative.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 43, micro): better than 3% on solvency, 7% on liquidity, 30% on profitability and 75% on growth.

The bankruptcy probability was computed on 11-10-2026 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.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
lowers riskraises riskneutral
raises risk · Reorganisation plan being carried out (approved, Gazette 28-05-2024)
While the plan runs, the probability is at least 10.0%: the measured failure rate of plans of that age.
Belgian Official Gazette
lowers risk · Size: total assets €196,832
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · Negative equity -€83,622
NBB · annual accounts
raises risk · 2 of the last 3 late
NBB · filings
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 5% of 34040 sector peers (2025).
NBB · sector comparison
Position among 34040 sector peers
Solvency
better than 5%
← weakest strongest →
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 17-07-2026, 14 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
14 days early
2024
131 days late
2023
141 days late
2022
67 days late
2021
30 days late
2020
31 days late
2019
9 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 54 days after the deadline; the sector median (NACE 43) for financial year 2024 is 1 day before the deadline, and 43% 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 6 October (4 of the last 5 filed years within 75 days of that day).
Companies Code · seven months
Where today falls in the filing period
12-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · micro…
  2. Highest result from 2018 to 2025net €37,303 ▲604%
  3. Annual accounts filedfinancial year 2024 · micro…

Key points

  • Risk: Negative equityfinancial year 2025: debts exceed assets -€83,622 View
  • Caution: Among the weakest 5% on solvencysector median 46.9% · 34,040 companies -42.5% View
  • Positive: 5 profitable years in a rowprofit 2025: €37,303 5 years View

By topic

Financials

Financial year
2025
Total assets
€196,832
Profit
€37,303
Solvency
-42.5%
Total assets▼ 2.3%
Net result
20182025
Go to Financials

Timeline

Events
28
Since
2004
Next accounts
by 31-07-2027
  1. 19-12-2024Annual accounts filed
  2. 28-05-2024Plan homologation
  3. 31-01-2024Opening
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Installation of electric heating, air conditioning, cooling and…NACE 43222
Founded
29-11-2002
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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