BRAVA
ActiveBRAVA has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €590k and a net result of €50k. Equity is growing by ~23.3% per year across the filed fiscal years. Its solvency ranks better than 45% of 7446 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2024
64
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability73▼-4
Solvency65▲+6
Growth78=
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €35k at 30 days acceptable
Liquidity ample (current ratio 2.11 against 2.16 in 2023; short-term debt: 28.2% and cash: 5.2% of total assets), but 60.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
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
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 31-08-2025, 31 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 · 10 filingsDeviation from the deadline
2025
not confirmed
2024
31 d late
2023
61 d late
2022
61 d late
2021
89 d late
2020
90 d late
2019
90 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Equity
€590k▲ 9.2%
2023 · €540k
2018: €215k
2019: €225k
2020: €236k
2021: €313k
2022: €437k
2023: €540k
2018 → 2024
Total assets
€1.48M▼ 6.8%
2023 · €1.59M
2018: €1.35M
2019: €1.35M
2020: €1.54M
2021: €1.34M
2022: €1.47M
2023: €1.59M
2018 → 2024
Net result
€50k▼ 51.3%
2023 · €102k
2018: €-2k
2019: €10k
2020: €11k
2021: €77k
2022: €142k
2023: €102k
2018 → 2024
Working capital
€461k▼ 7.9%
2023 · €501k
2018: €244k
2019: €260k
2020: €269k
2021: €293k
2022: €403k
2023: €501k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€236k-€313k▲ 32.4%€437k▲ 39.8%€540k▲ 23.4%€590k▲ 9.2%
Operating result€31k-€122k▲ 298%€207k▲ 70.1%€159k▼ 23.4%€81k▼ 49.0%
Net result€11k-€77k▲ 572%€142k▲ 86.1%€102k▼ 28.1%€50k▼ 51.3%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2024 is 49% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.48M
Fixed assets
€600k▼ 8.0%
Current assets
€878k▼ 5.9%
Equity and liabilities €1.48M
Equity
€590k▲ 9.2%
Debt
€889k▼ 15.0%
The debt ratio falls from 66.0% to 60.1%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€137k▼
2023 · €215k
Cash flow
€106k▼
2023 · €158k
Solvency
39.9%▲
2023 · 34.0%
Current ratio
2.11▼
2023 · 2.16
Quick ratio
1.97▼
2023 · 2.03
Debt / equity
1.51▼
2023 · 1.94
ROE
8.5%▼
2023 · 19.0%
ROA
3.4%▼
2023 · 6.5%
Interest coverage
10.84▼
2023 · 14.11
Debt
€889k▼
2023 · €1.05M
Debt ≤ 1 year
€417k▼
2023 · €433k
Debt > 1 year
€472k▼
2023 · €598k
Income taxes
€20k▼
2023 · €43k
Staff costs
€390k▲
2023 · €388k
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€1.59M€1.48M▼
Fixed assets21/28€653k€600k▼
Tangible fixed assets22/27€653k€600k▼
Land and buildings22€605k€569k▼
Plant, machinery and equipment23€36k€23k▼
Furniture and vehicles24€10k€7k▼
Other tangible fixed assets26€2k€2k▼
Current assets29/58€933k€878k▼
Stocks and contracts in progress3€57k€57k▲
Stocks30/36€57k€57k▲
Amounts receivable within one year40/41€727k€718k▼
Trade receivables40€695k€670k▼
Other amounts receivable41€32k€48k▲
Cash at bank and in hand54/58€130k€77k▼
Deferred charges and accrued income490/1€20k€26k▲
Equity and liabilities
Total equity and liabilities10/49€1.59M€1.48M▼
Equity10/15€540k€590k▲
Contributions10/11€6k€6k=
Reserves13€534k€583k▲
Distributable reserves133€534k€583k▲
Amounts payable17/49€1.05M€889k▼
Amounts payable after more than one year17€598k€472k▼
Financial debts170/4€598k€472k▼
Amounts payable within one year42/48€433k€417k▼
Current portion of amounts payable after more than one year42€55k€53k▼
Financial debts43€33k€37k▲
Credit institutions430/8€33k€37k▲
Trade debts44€220k€187k▼
Suppliers440/4€220k€187k▼
Taxes, remuneration and social security45€78k€85k▲
Taxes450/3€23k€47k▲
Remuneration and social security454/9€55k€38k▼
Other amounts payable47/48€47k€55k▲
Accrued charges and deferred income492/3€15k-
Income statement
Code20232024
Remuneration, social security and pensions62€388k€390k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€56k€56k▲
Other operating charges640/8€9k€69k▲
Gross operating margin9900€612k€597k▼
Operating profit (loss)9901€159k€81k▼
Financial income75/76B€2k€1k▼
Recurring financial income75€2k€1k▼
Financial charges65/66B€15k€13k▼
Recurring financial charges65€15k€13k▼
Profit (loss) for the period before taxes9903€145k€69k▼
Income taxes67/77€43k€20k▼
Profit (loss) for the period9904€102k€50k▼
Profit (loss) for the period to be appropriated9905€102k€50k▼
Appropriation of the result
Profit (loss) to be appropriated9906€102k€50k▼
Transfer to equity691/2€102k€50k▼
To other reserves6921€102k€50k▼
Social balance
Average headcount (FTE)90876.26.5▲
The notes to these accounts (14 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
31-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 31 days late
2024
30-09
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 61 days late
2023
31-12
Financial
Equity above €500kEq €540k ▲23.4%
5 profitable years in a row build equity to €540k.
30-09
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 61 days late
2022
31-12
Financial
Highest result since 2018net €142k ▲86.1%
Operating result €207k, net result €142k, both a record.
28-10
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 89 days late
2021
29-10
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 90 days late
2020
29-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 90 days late
2019
31-12
Financial
Back to profitnet €10k
Net result €10k after one loss-making year.
30-09
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 61 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 31 days late
2017
26-09
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 57 days late
2016
25-07
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB 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 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Heusden-Zolder · 1 establishment unit since 2010
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.
Mijnwerkerslaan 253550 Heusden-ZolderGround area
2,889 m²
Building footprint
1,116 m²
Volume, LiDAR
6,508 m³
Parcel 71065A0205/00G015, Flanders · tallest building 6.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Brava
since 20102.188.457.580
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71065A0205/00G015 | Flanders | 2,889 m² | 1 · 1,116 m² | 6.7 m · 2 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.
Similar companies · same sector, comparable size
VANDER EECKT LANDER
BE 0647.966.136
Halle · Eq €589k
WOONIDEE PAUL & ZOON
BE 0877.017.679
Sint-Niklaas · Eq €590k
MEVAC
BE 0436.990.245
Herselt · Eq €590k
BRABUS
BE 0872.884.489
Merksplas · Eq €589k
DERAM BELGIUM
BE 0825.322.916
Temse · Eq €591k
Of 20,026 companies in sector 43320 we hold annual accounts for 9,136. 5,612 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded07-05-2010
Fiscal year end31-12
Activities, NACEBEL
43320Joinery installation
Sources
Crossroads Bank for EnterprisesNational Bank · 14 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.