BRATYA
ActiveSummary
The computed 12-month bankruptcy probability of BRATYA is 4.3% (elevated). The 2024 annual accounts show negative equity (€-27.58M) and a net result of €-1.95M. The figures fluctuate too strongly year-on-year for a reliable trend projection. The company has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes · tick = 2023
Profitability0=
Solvency0=
Growth58▲+26
Track record100
Bankruptcy probability, 12 months
4.3%
Elevated
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.21 against 0.46 in 2023; short-term debt: 291.8% and cash: 0.2% of total assets), and equity is negative.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
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
Return on assets
-92.4%
Age of the figures
21 mo
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year €-27.58M
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-09-2025, 61 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 9 filingsDeviation from the deadline
2025
not confirmed
2024
61 d late
2023
12 d late
2022
35 d early
2021
23 d late
2020
26 d late
2019
21 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-1.95M▲ 82.8%
2023 · €-11.33M
2018: €-3.36M
2019: €6.45M▲ +292% vs 2018highest in 7 years
2020: €-4.77M▼ -174% vs 2019
2021: €5.28M▲ +211% vs 2020
2022: €-16.71M▼ -416% vs 2021lowest in 7 years
2023: €-11.33M▲ +32.2% vs 2022
2024: €-1.95M▲ +82.8% vs 2023
2018 → 2024
Working capital
€-4.85M▼ 72.6%
2023 · €-2.81M
2018: €-1.18M
2019: €2.10M▲ +279% vs 2018
2020: €-2.56M▼ -222% vs 2019
2021: €2.64M▲ +203% vs 2020
2022: €8.81M▲ +234% vs 2021highest in 7 years
2023: €-2.81M▼ -132% vs 2022
2024: €-4.85M▼ -72.6% vs 2023lowest in 7 years
2018 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€-2.87M-€2.41M€-14.30M€-25.63M▼ 79.2%€-27.58M▼ 7.6%
2020: €-2.87M
2021: €2.41M▲ +184% vs 2020highest in 5 years
2022: €-14.30M▼ -692% vs 2021
2023: €-25.63M▼ -79.2% vs 2022
2024: €-27.58M▼ -7.6% vs 2023lowest in 5 years
Operating result€-1.48M-€-6.20M▼ 320%€-619k▲ 90.0%€-952k▼ 53.8%€-277k▲ 70.9%
2020: €-1.48M
2021: €-6.20M▼ -320% vs 2020lowest in 5 years
2022: €-619k▲ +90.0% vs 2021
2023: €-952k▼ -53.8% vs 2022
2024: €-277k▲ +70.9% vs 2023highest in 5 years
Net result€-4.77M-€5.28M€-16.71M€-11.33M▲ 32.2%€-1.95M▲ 82.8%
2020: €-4.77M
2021: €5.28M▲ +211% vs 2020highest in 5 years
2022: €-16.71M▼ -416% vs 2021lowest in 5 years
2023: €-11.33M▲ +32.2% vs 2022
2024: €-1.95M▲ +82.8% vs 2023
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €277k in 2024 against €952k in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €2.11M
Fixed assets
€796k ▲ 12.8%
Current assets
€1.32M ▼ 44.7%
Key figures and ratios
Current ratio
0.21▼
2023 · 0.46
Debt to equity
-1.08▲
2023 · -1.12
ROA
-92.4%▲
2023 · -367.3%
Debt
€29.69M▲
2023 · €28.71M
Debt ≤ 1 year
€6.16M▲
2023 · €5.19M
Debt > 1 year
€23.53M=
2023 · €23.52M
A ratio outside any meaningful range has been withheld (balance sheet total €2.11M, equity €-27.58M).
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 42 lines
Balance sheet
Code20232024
Assets
Total assets20/58€3.08M€2.11M▼
Fixed assets21/28€705k€796k▲
Tangible fixed assets22/27€173k€263k▲
Furniture and vehicles24€173k€263k▲
Financial fixed assets28€533k€533k=
Current assets29/58€2.38M€1.32M▼
Amounts receivable within one year40/41€152k€123k▼
Other amounts receivable41€152k€123k▼
Current investments50/53€2.13M€1.19M▼
Cash at bank and in hand54/58€96k€5k▼
Deferred charges and accrued income490/1€5k-
Equity and liabilities
Total equity and liabilities10/49€3.08M€2.11M▼
Equity10/15€-25.63M€-27.58M▼
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Distributable reserves133€2k€2k=
Profit (loss) carried forward14€-25.65M€-27.60M▼
Amounts payable17/49€28.71M€29.69M▲
Amounts payable after more than one year17€23.52M€23.53M=
Financial debts170/4€15.71M€15.71M=
Trade debts175€7.81M€7.81M=
Amounts payable within one year42/48€5.19M€6.16M▲
Financial debts43€4.00M€3.26M▼
Other loans439€4.00M€3.26M▼
Trade debts44€49k€93k▲
Suppliers440/4€49k€93k▲
Taxes, remuneration and social security45€635k€629k▼
Taxes450/3€635k€629k▼
Other amounts payable47/48€501k€2.18M▲
Accrued charges and deferred income492/3€41€551▲
Income statement
Code20232024
Other operating charges640/8€7k€52k▲
Gross operating margin9900€-946k€-225k▲
Operating profit (loss)9901€-952k€-277k▲
Financial income75/76B€44.55M€52k▼
Recurring financial income75€44.55M€52k▼
Financial charges65/66B€54.92M€1.73M▼
Recurring financial charges65€54.92M€1.73M▼
Profit (loss) for the period before taxes9903€-11.33M€-1.95M▲
Profit (loss) for the period9904€-11.33M€-1.95M▲
Profit (loss) for the period to be appropriated9905€-11.33M€-1.95M▲
Appropriation of the result
Profit (loss) to be appropriated9906€-25.65M€-27.60M▼
Profit (loss) brought forward from the previous period14P€-14.32M€-25.65M▼
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1k | €750 | €250 | - | - | - |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | €150k | €-150k | - | - | - |
| Other operating charges640/8 | - | €868 | €15k | €7k | €52k | ▲ 678% |
| Gross operating margin9900 | €-1.47M | €-6.04M | €-754k | €-946k | €-225k | ▲ 76.2% |
| Operating profit (loss)9901 | €-1.48M | €-6.20M | €-619k | €-952k | €-277k | ▲ 70.9% |
| Financial income75/76B | - | €38.37M | €54.80M | €44.55M | €52k | ▼ 99.9% |
| Recurring financial income75 | €19.30M | €38.37M | €54.80M | €44.55M | €52k | ▼ 99.9% |
| Financial charges65/66B | - | €25.50M | €70.89M | €54.92M | €1.73M | ▼ 96.9% |
| Recurring financial charges65 | €22.60M | €25.50M | €70.89M | €54.92M | €1.73M | ▼ 96.9% |
| Profit (loss) for the period before taxes9903 | €-4.77M | €6.67M | €-16.71M | €-11.33M | €-1.95M | ▲ 82.8% |
| Income taxes67/77 | - | €1.39M | - | - | - | - |
| Profit (loss) for the period9904 | €-4.77M | €5.28M | €-16.71M | €-11.33M | €-1.95M | ▲ 82.8% |
| Profit (loss) for the period to be appropriated9905 | €-4.77M | €5.28M | €-16.71M | €-11.33M | €-1.95M | ▲ 82.8% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €31.94M | €35.09M | €20.12M | €3.08M | €2.11M | ▼ 31.6% |
| Fixed assets21/28 | €519k | €383k | €684k | €705k | €796k | ▲ 12.8% |
| Tangible fixed assets22/27 | €1k | €14k | €152k | €173k | €263k | ▲ 52.3% |
| Furniture and vehicles24 | - | €14k | €152k | €173k | €263k | ▲ 52.3% |
| Financial fixed assets28 | €518k | €368k | €533k | €533k | €533k | = |
| Current assets29/58 | €31.42M | €34.71M | €19.44M | €2.38M | €1.32M | ▼ 44.7% |
| Amounts receivable within one year40/41 | - | - | - | €152k | €123k | ▼ 18.7% |
| Other amounts receivable41 | - | - | - | €152k | €123k | ▼ 18.7% |
| Current investments50/53 | €25.16M | €34.51M | €19.00M | €2.13M | €1.19M | ▼ 44.2% |
| Cash at bank and in hand54/58 | €6.21M | €186k | €430k | €96k | €5k | ▼ 94.6% |
| Deferred charges and accrued income490/1 | - | €14k | €5k | €5k | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €31.94M | €35.09M | €20.12M | €3.08M | €2.11M | ▼ 31.6% |
| Equity10/15 | €-2.87M | €2.41M | €-14.30M | €-25.63M | €-27.58M | ▼ 7.6% |
| Contributions10/11 | - | €19k | €19k | €19k | €19k | = |
| Reserves13 | €2k | €2k | €2k | €2k | €2k | = |
| Non-distributable reserves130/1 | - | €2k | €2k | - | - | - |
| Reserves not available under the articles1311 | - | €2k | €2k | - | - | - |
| Distributable reserves133 | - | - | - | €2k | €2k | = |
| Profit (loss) carried forward14 | €-2.89M | €2.39M | €-14.32M | €-25.65M | €-27.60M | ▼ 7.6% |
| Amounts payable17/49 | €34.81M | €32.67M | €34.42M | €28.71M | €29.69M | ▲ 3.4% |
| Amounts payable after more than one year17 | €828k | €610k | €23.80M | €23.52M | €23.53M | = |
| Financial debts170/4 | - | €610k | €15.98M | €15.71M | €15.71M | = |
| Trade debts175 | - | - | €7.81M | €7.81M | €7.81M | = |
| Amounts payable within one year42/48 | €33.98M | €32.06M | €10.62M | €5.19M | €6.16M | ▲ 18.8% |
| Financial debts43 | - | - | €2.22M | €4.00M | €3.26M | ▼ 18.5% |
| Other loans439 | - | - | €2.22M | €4.00M | €3.26M | ▼ 18.5% |
| Trade debts44 | €3.55M | €7.88M | €46k | €49k | €93k | ▲ 91.2% |
| Suppliers440/4 | - | €7.88M | €46k | €49k | €93k | ▲ 91.2% |
| Taxes, remuneration and social security45 | - | €1.39M | €1.43M | €635k | €629k | ▼ 1.0% |
| Taxes450/3 | - | €1.39M | €1.43M | €635k | €629k | ▼ 1.0% |
| Other amounts payable47/48 | - | €22.80M | €6.92M | €501k | €2.18M | ▲ 335% |
| Accrued charges and deferred income492/3 | - | - | - | €41 | €551 | ▲ 1,244% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-4.77M | €5.28M | €-16.71M | €-11.33M | €-1.95M | ▲ 82.8% |
| + Depreciation and write-downs630 | €1k | €750 | €250 | - | - | - |
| Operating cash flow (approximation) | €-4.77M | €5.29M | €-16.71M | €-11.33M | €-1.95M | ▲ 82.8% |
| Investment in fixed assets (approximation) | - | €136k | €-302k | €-21k | €-90k | ▼ 326% |
| Change in cash | - | €-6.02M | €244k | €-334k | €-91k | ▲ 72.7% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
30-09
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 61 days late
2024
12-08
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 12 days late
2023
26-06
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial
Weakest financial yearnet €-16.71M
Net result drops to €-16.71M, the lowest in the series; recovery starts the following year.
23-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 23 days late
2021
31-12
Financial
Back to profitnet €5.28M
Net result €5.28M after one loss-making year.
31-12
Financial
Equity above €2MEq €2.41M
Equity rises from €-2.87M to €2.41M.
26-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 26 days late
2020
21-08
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 21 days late
2019
31-12
Financial
Back to profitnet €6.45M
Net result €6.45M after one loss-making year.
31-12
Financial
Equity above €1MEq €1.90M
Equity rises from €-4.55M to €1.90M.
21-09
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 52 days late
2018
16-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
22-06
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Ukkel · 1 establishment unit since 2016
Ground area
370 m²
Building footprint
252 m²
Volume, LiDAR
4,517 m³
Parcel 21016B0215/00Y002, Brussels · tallest building 20.5 m, ±6 floors. Linked by address, not a title deed.
67
companies at this address
See who is registered here
1 establishment unit
Floréallaan 156, 1180 Ukkel
since 20162.254.737.779
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21016B0215/00Y002 | Brussels | 370 m² | 1 · 252 m² | 20.5 m · 6 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.
Recognitions · licences · registrations
Legal Entity Identifier
5299006W1F1K2DOB1J35
Identification & contact
Identification
Legal formPrivate limited company
Founded12-07-2016
Fiscal year end31-12
Scores and ratios are computed by Checked and are not a credit decision.