BRAVALO
ActiveSummary
BRAVALO has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€24,883) and a net result of -€24,134. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 5% of 7586 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.4% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability0▼-50
Solvency0▼-24
Growth58▼-20
Track record100
Bankruptcy probability, 12 months
1.4%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.62 against 0.87 in 2024; short-term debt: 138.8% and cash: 10.1% of total assets), and equity is negative.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+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 2025Solvency, return and age of the figures
Solvency
-52.5%
Return on assets
-50.9%
Age of the figures
9 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Construction of residential and non-residential buildings (NACE 41)
about 67% more bankruptcies
← 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
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year -€24,883
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 09-06-2026, 52 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
52 d early
2024
43 d early
2023
21 d early
2022
41 d early
2021
30 d late
2020
30 d late
2019
4 d late
← 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 13 days before the deadline; the sector median for financial year 2024 is on the deadline day, and 46% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 20 June (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
-€24,883▼ 3,224%
2024 · -€749
Total assets
€47,398▼ 21.6%
2024 · €60,452
Net result
-€24,134▼ 134%
2024 · -€10,303
Working capital
-€24,781▼ 296%
2024 · -€6,251
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 41, Construction of residential and non-residential buildings, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€5,836▼ 23.2%€16,254▲ 179%-€12,463-€9,200▲ 26.2%-€22,924▼ 149%
Net result€6,938within the sector's middle half▼ 20.4%€16,928within the sector's middle half▲ 144%-€13,507below the sector's middle half-€10,303below the sector's middle half▲ 23.7%-€24,134below the sector's middle half▼ 134%
Equity€6,134below the sector's middle half€23,062within the sector's middle half▲ 276%€9,555below the sector's middle half▼ 58.6%-€749below the sector's middle half-€24,883below the sector's middle half▼ 3,224%
Total assets€50,218below the sector's middle half▲ 0.2%€105,971within the sector's middle half▲ 111%€77,691within the sector's middle half▼ 26.7%€60,452within the sector's middle half▼ 22.2%€47,398below the sector's middle half▼ 21.6%
Debt€44,085▼ 13.4%€82,909▲ 88.1%€68,136▼ 17.8%€61,200▼ 10.2%€72,280▲ 18.1%
Working capital€1,472within the sector's middle half€6,974within the sector's middle half▲ 374%-€1,762below the sector's middle half-€6,251below the sector's middle half▼ 255%-€24,781below the sector's middle half▼ 296%
Solvency12.2%below the sector's middle half▲ 13.8pp21.8%within the sector's middle half▲ 9.5pp12.3%below the sector's middle half▼ 9.5pp-1.2%below the sector's middle half▼ 13.5pp-52.5%below the sector's middle half▼ 51.3pp
Current ratio1.03below the sector's middle half▲ 0.081.13within the sector's middle half▲ 0.100.96below the sector's middle half▼ 0.170.87below the sector's middle half▼ 0.090.62below the sector's middle half▼ 0.24
Return on assets (ROA)13.8%within the sector's middle half▼ 3.6pp16.0%within the sector's middle half▲ 2.2pp-17.4%below the sector's middle half▼ 33.4pp-17.0%below the sector's middle half▲ 0.3pp-50.9%below the sector's middle half▼ 33.9pp
Staff (FTE)2=2=2=2=2=
above
within
below
the middle half (P25 to P75) of NACE 41, Construction of residential and non-residential buildings, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €22,924 in 2025 against €9,200 in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €47,398
Fixed assets
€6,378 ▼ 67.3%
Current assets
€41,019 ▲ 0.2%
Key figures and ratios
EBITDA
-€8,684▼
2024 · €6,663
Cash flow
-€9,895▼
2024 · €5,560
Quick ratio
0.28▼
2024 · 0.42
Debt to equity
-2.90
Interest coverage
-8.57▼
2024 · 7.11
Debt ≤ 1 year
€65,800▲
2024 · €47,170
Debt > 1 year
€6,480▼
2024 · €14,031
Income taxes
€280▼
2024 · €283
Staff costs
€110,824▼
2024 · €137,206
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 6,940 companies that looked in July 2024 the way this one looks now, 5.5% went bankrupt within 24 months and 85% are still going.
- Micro
- 10 to 20 years old
- negative equity
- a loss of 10% of the balance sheet or more
5.5%
went bankrupt
8.0%
stopped otherwise
85%
still going
A further 1.5% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 1.4% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 6,940 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €413 | €0 | - | - | - |
| Remuneration, social security and pensions62 | €114,611 | €137,766 | €148,788 | €137,206 | €110,824 | ▼ 19.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €365 | €3,568 | €15,536 | €15,864 | €14,239 | ▼ 10.2% |
| Other operating charges640/8 | €1,190 | €1,103 | €2,121 | €2,072 | €3,315 | ▲ 60.0% |
| Gross operating margin9900 | €122,002 | €158,691 | €153,981 | €145,941 | €105,456 | ▼ 27.7% |
| Operating profit (loss)9901 | €5,836 | €16,254 | -€12,463 | -€9,200 | -€22,924 | ▼ 149% |
| Financial income75/76B | €1,197 | €1,853 | €467 | €117 | €83 | ▼ 29.3% |
| Recurring financial income75 | €1,197 | €1,853 | €467 | €117 | €83 | ▼ 29.3% |
| Financial charges65/66B | €95 | €767 | €1,219 | €938 | €1,013 | ▲ 8.0% |
| Recurring financial charges65 | €95 | €767 | €1,219 | €938 | €1,013 | ▲ 8.0% |
| Profit (loss) for the period before taxes9903 | €6,938 | €17,340 | -€13,216 | -€10,021 | -€23,854 | ▼ 138% |
| Income taxes67/77 | - | €412 | €291 | €283 | €280 | ▼ 0.9% |
| Profit (loss) for the period9904 | €6,938 | €16,928 | -€13,507 | -€10,303 | -€24,134 | ▼ 134% |
| Profit (loss) for the period to be appropriated9905 | €6,938 | €16,928 | -€13,507 | -€10,303 | -€24,134 | ▼ 134% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €50,218 | €105,971 | €77,691 | €60,452 | €47,398 | ▼ 21.6% |
| Fixed assets21/28 | €4,662 | €46,602 | €32,959 | €19,533 | €6,378 | ▼ 67.3% |
| Tangible fixed assets22/27 | €3,462 | €45,402 | €31,759 | €18,333 | €5,178 | ▼ 71.8% |
| Plant, machinery and equipment23 | €2,372 | €2,790 | €3,663 | €2,555 | €1,468 | ▼ 42.5% |
| Furniture and vehicles24 | €1,090 | €42,612 | €28,096 | €15,777 | €3,710 | ▼ 76.5% |
| Financial fixed assets28 | €1,200 | €1,200 | €1,200 | €1,200 | €1,200 | = |
| Current assets29/58 | €45,556 | €59,370 | €44,732 | €40,919 | €41,019 | ▲ 0.2% |
| Stocks and contracts in progress3 | €16,227 | €10,328 | €17,901 | €21,045 | €22,719 | ▲ 8.0% |
| Stocks30/36 | €16,227 | €10,328 | €17,901 | €21,045 | €22,719 | ▲ 8.0% |
| Amounts receivable within one year40/41 | €19,124 | €40,122 | €19,154 | €9,636 | €7,499 | ▼ 22.2% |
| Trade receivables40 | €18,845 | €15,668 | €17,552 | €9,376 | €5,471 | ▼ 41.7% |
| Other amounts receivable41 | €279 | €24,454 | €1,602 | €260 | €2,028 | ▲ 680% |
| Cash at bank and in hand54/58 | €5,813 | €2,276 | €1,729 | €4,371 | €4,771 | ▲ 9.1% |
| Deferred charges and accrued income490/1 | €4,393 | €6,643 | €5,947 | €5,867 | €6,031 | ▲ 2.8% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €50,218 | €105,971 | €77,691 | €60,452 | €47,398 | ▼ 21.6% |
| Equity10/15 | €6,134 | €23,062 | €9,555 | -€749 | -€24,883 | ▼ 3,224% |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €691 | €4,462 | €4,462 | €4,462 | €4,462 | = |
| Distributable reserves133 | €691 | €4,462 | €4,462 | €4,462 | €4,462 | = |
| Profit (loss) carried forward14 | -€13,157 | €0 | -€13,507 | -€23,810 | -€47,944 | ▼ 101% |
| Amounts payable17/49 | €44,085 | €82,909 | €68,136 | €61,200 | €72,280 | ▲ 18.1% |
| Amounts payable after more than one year17 | - | €30,513 | €21,643 | €14,031 | €6,480 | ▼ 53.8% |
| Financial debts170/4 | - | €30,513 | €21,643 | €14,031 | €6,480 | ▼ 53.8% |
| Amounts payable within one year42/48 | €44,085 | €52,396 | €46,493 | €47,170 | €65,800 | ▲ 39.5% |
| Current portion of amounts payable after more than one year42 | €0 | €8,622 | €8,870 | €7,612 | €7,550 | ▼ 0.8% |
| Trade debts44 | €13,909 | €18,467 | €16,710 | €10,226 | €30,392 | ▲ 197% |
| Suppliers440/4 | €13,909 | €18,467 | €16,710 | €10,226 | €30,392 | ▲ 197% |
| Taxes, remuneration and social security45 | €2,469 | €4,094 | €102 | €663 | €0 | ▼ 100% |
| Taxes450/3 | €393 | €687 | €0 | €663 | €0 | ▼ 100% |
| Remuneration and social security454/9 | €2,075 | €3,408 | €102 | €0 | - | - |
| Other amounts payable47/48 | €27,707 | €21,213 | €20,811 | €28,669 | €27,857 | ▼ 2.8% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €6,938 | €16,928 | -€13,507 | -€10,303 | -€24,134 | ▼ 134% |
| + Depreciation and write-downs630 | €365 | €3,568 | €15,536 | €15,864 | €14,239 | ▼ 10.2% |
| Operating cash flow (approximation) | €7,303 | €20,496 | €2,029 | €5,560 | -€9,895 | ▼ 278% |
| Investment in fixed assets (approximation) | - | -€45,508 | -€1,893 | -€2,437 | -€1,085 | ▲ 55.5% |
| Change in cash | - | -€3,537 | -€546 | €2,642 | €400 | ▼ 84.9% |
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
Next filing, fiscal year 2026, expected by
2026
09-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
18-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
10-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
20-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Highest result since 2018net €16,928 ▲144%
Operating result €16,254, net result €16,928, both a record.
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
2021
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
2020
04-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 4 days late
2019
31-12
Financial
Back to profitnet €1,656
Net result €1,656 after one loss-making year.
29-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
11-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
29-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
About the unread acts
We know of 6 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
6 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, Antwerpen · 1 establishment unit since 2011
Ground area
74 m²
Building footprint
60 m²
Volume, LiDAR
892 m³
Parcel 11807G0154/00F002, Flanders · tallest building 16.0 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
Bravalo
since 20112.198.788.377
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11807G0154/00F002 | Flanders | 74 m² | 1 · 60 m² | 16.0 m · 5 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.
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Of 29,787 companies in sector 41001 we hold annual accounts for 16,056. 9,122 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded30-03-2011
Fiscal year end31-12
Activities, NACEBEL 2025
41001General construction of residential buildings
43221Plumbing work
43310Plastering work
43331Floor and wall tiling
43350Other building finishing work
E-invoicing
Reachable via Peppol
Peppol ID
0208:0834973030
Also
9925:BE0834973030
Registered
19-09-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.