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Bravimmo

Active
Private limited companyfounded 200619 yrs activePlas 40, 2470 Retie, BelgiumKBO/BCE: BE 0884.914.172
Summary

Bravimmo has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€2.1m) and a net result of -€1.0m. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 5% of 9336 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

Checked score

Score 2025
Axes · tick = 2024
Profitability0=
Solvency0=
Growth32=
Track record100
Bankruptcy probability, 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.4 against 0.63 in 2024; short-term debt: 188.3% and cash: 0.3% 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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
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 2025
Solvency, return and age of the figures
Solvency
-88.3%
Return on assets
-42.8%
Age of the figures
15 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 19 years 0 20 y
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
19202122232425
2019 to 2025 · latest year -€2.1m
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 22-01-2026, 9 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
9 d early
2024
on the day
2023
13 d early
2022
1 d late
2021
on the day
2020
1 d late
2019
21 d 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 6 days before the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today. Usually files around 31 January (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
30-06-2026 close28-09-2026 today31-01-2027 deadline
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 10 November 2006, Bravimmo was incorporated.1 Total assets went from EUR 3.7 million in 2019 to EUR 2.4 million in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2019 and 2025

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Financials · fiscal year 2025, abbreviated schema

Equity
-€2.1m▼ 94.1%
2024 · -€1.1m
Total assets
€2.4m▼ 29.3%
2024 · €3.4m
Net result
-€1.0m▲ 4.0%
2024 · -€1.1m
Working capital
-€2.7m▼ 61.3%
2024 · -€1.7m
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 68, Real estate activities, 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€14,641▼ 51.0%€12,582▼ 14.1%-€2,380-€11,807▼ 396%-€3,438▲ 70.9%
Net result€2,267within the sector's middle half▲ 66.3%€856within the sector's middle half▼ 62.2%-€121,694below the sector's middle half-€1.1mbelow the sector's middle half▼ 773%-€1.0mbelow the sector's middle half▲ 4.0%
Equity€99,403within the sector's middle half▲ 2.3%€100,260within the sector's middle half▲ 0.9%-€21,434below the sector's middle half-€1.1mbelow the sector's middle half▼ 4,959%-€2.1mbelow the sector's middle half▼ 94.1%
Total assets€4.7mabove the sector's middle half▲ 5.6%€4.8mabove the sector's middle half▲ 1.9%€4.1mwithin the sector's middle half▼ 14.5%€3.4mwithin the sector's middle half▼ 17.7%€2.4mwithin the sector's middle half▼ 29.3%
Debt€4.6m▲ 5.6%€4.7m▲ 1.9%€4.1m▼ 12.3%€4.5m▲ 8.2%€4.5m▲ 0.7%
Working capital-€744,883below the sector's middle half▲ 3.6%-€741,256below the sector's middle half▲ 0.5%-€762,950below the sector's middle half▼ 2.9%-€1.7mbelow the sector's middle half▼ 118%-€2.7mbelow the sector's middle half▼ 61.3%
Solvency2.1%below the sector's middle half▼ 0.1pp2.1%below the sector's middle half=-0.5%below the sector's middle half▼ 2.6pp-32.1%below the sector's middle half▼ 31.6pp-88.3%below the sector's middle half▼ 56.2pp
Current ratio0.84within the sector's middle half▲ 0.020.84within the sector's middle half=0.81within the sector's middle half▼ 0.030.63within the sector's middle half▼ 0.190.40within the sector's middle half▼ 0.22
Return on assets (ROA)0.0%within the sector's middle half=0.0%within the sector's middle half=-3.0%below the sector's middle half▼ 3.0pp-31.5%below the sector's middle half▼ 28.5pp-42.8%below the sector's middle half▼ 11.3pp
Staff (FTE)0within the sector's middle half0within the sector's middle half0within the sector's middle half
above within below the middle half (P25 to P75) of NACE 68, Real estate activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
-€1.5m-€1.0m-€500,000€0Operating result 2021: €14,641€14,641Net result 2021: €2,267€2,267Operating result 2022: €12,582€12,582Net result 2022: €856€856Operating result 2023: -€2,380-€2,380Net result 2023: -€121,694-€121,694Operating result 2024: -€11,807-€11,807Net result 2024: -€1.1m-€1.1mOperating result 2025: -€3,438-€3,438Net result 2025: -€1.0m-€1.0m20212022202320242025-€1.5m-€1m-€500,000€0Operating result 2023: -€2,380-€2,380Net result 2023: -€121,694-€122,000Operating result 2024: -€11,807-€11,800Net result 2024: -€1.1m-€1.1mOperating result 2025: -€3,438-€3,440Net result 2025: -€1.0m-€1m202320242025
The operating result stays negative: a loss of €3,438 in 2025 against €11,807 in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.4m
Fixed assets €581,300 =
Current assets €1.8m ▼ 35.4%
Key figures and ratios
2025 value · change against 2024
Debt to equity
-2.13▲
2024 · -4.11
Debt ≤ 1 year
€4.5m▲
2024 · €4.5m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 600 companies that looked in July 2024 the way this one looks now, 8.5% went bankrupt within 24 months and 83% are still going.

  • Small
  • 10 to 20 years old
  • negative equity
  • a loss of 10% of the balance sheet or more
8.5% went bankrupt
5.8% stopped otherwise
83% still going

A further 2.5% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a lower bankruptcy probability: 0.4% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

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%.

The companies in ten equal groups, from lowest to highest expected share.
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 600 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
Filed annual accounts As filed with the NBB · 2025 against 2024 · 34 lines
Balance sheet Code20242025
Assets
Total assets20/58€3.4m€2.4m▼
Fixed assets21/28€581,300€581,300=
Intangible fixed assets21€0-
Financial fixed assets28€581,300€581,300=
Current assets29/58€2.8m€1.8m▼
Amounts receivable within one year40/41€2.8m€1.8m▼
Other amounts receivable41€2.8m€1.8m▼
Cash at bank and in hand54/58€10,887€6,323▼
Equity and liabilities
Total equity and liabilities10/49€3.4m€2.4m▼
Equity10/15-€1.1m-€2.1m▼
Contributions10/11€20,460€20,460=
Profit (loss) carried forward14-€1.1m-€2.1m▼
Amounts payable17/49€4.5m€4.5m▲
Amounts payable within one year42/48€4.5m€4.5m▲
Trade debts44€118€120▲
Suppliers440/4€118€120▲
Taxes, remuneration and social security45-€511
Taxes450/3-€511
Other amounts payable47/48€4.5m€4.5m▲
Income statement Code20242025
Other operating charges640/8€1,163€1,686▲
Non-recurring operating charges66A€9,601€0▼
Gross operating margin9900-€1,043-€1,752▼
Operating profit (loss)9901-€11,807-€3,438▲
Financial income75/76B€224,004€165,674▼
Recurring financial income75€224,004€165,674▼
Financial charges65/66B€1.3m€1.2m▼
Recurring financial charges65€267,301€233,333▼
Non-recurring financial charges66B€1.0m€949,487▼
Profit (loss) for the period before taxes9903-€1.1m-€1.0m▲
Profit (loss) for the period9904-€1.1m-€1.0m▲
Profit (loss) for the period to be appropriated9905-€1.1m-€1.0m▲
Appropriation of the result
Profit (loss) to be appropriated9906-€1.1m-€2.1m▼
Profit (loss) brought forward from the previous period14P-€41,894-€1.1m▼
Social balance
Average headcount (FTE)90870.00.0=

The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,480€2,770€0---
Other operating charges640/8-€1,186€1,035€1,163€1,686▲ 44.9%
Non-recurring operating charges66A---€9,601€0▼ 100%
Gross operating margin9900€21,756€16,538-€1,345-€1,043-€1,752▼ 68.1%
Operating profit (loss)9901€14,641€12,582-€2,380-€11,807-€3,438▲ 70.9%
Financial income75/76B-€82,401€162,255€224,004€165,674▼ 26.0%
Recurring financial income75€75,731€82,401€162,255€224,004€165,674▼ 26.0%
Non-recurring financial income76B-€0----
Financial charges65/66B-€92,806€281,569€1.3m€1.2m▼ 7.2%
Recurring financial charges65€91,321€92,806€181,569€267,301€233,333▼ 12.7%
Non-recurring financial charges66B--€100,000€1.0m€949,487▼ 5.8%
Profit (loss) for the period before taxes9903€3,399€2,176-€121,694-€1.1m-€1.0m▲ 4.0%
Income taxes67/77€1,132€1,320€0---
Profit (loss) for the period9904€2,267€856-€121,694-€1.1m-€1.0m▲ 4.0%
Profit (loss) for the period to be appropriated9905€2,267€856-€121,694-€1.1m-€1.0m▲ 4.0%
Line20212022202320242025Change
Assets
Total assets20/58€4.7m€4.8m€4.1m€3.4m€2.4m▼ 29.3%
Fixed assets21/28€844,286€841,516€741,516€581,300€581,300=
Intangible fixed assets21€12,371€9,601€9,601€0--
Tangible fixed assets22/27€0-----
Financial fixed assets28€831,915€831,915€731,915€581,300€581,300=
Current assets29/58€3.9m€4.0m€3.4m€2.8m€1.8m▼ 35.4%
Amounts receivable within one year40/41€3.9m€3.8m€3.3m€2.8m€1.8m▼ 35.4%
Trade receivables40-€42,500€0---
Other amounts receivable41-€3.8m€3.3m€2.8m€1.8m▼ 35.4%
Cash at bank and in hand54/58€14,131€118,698€19,294€10,887€6,323▼ 41.9%
Equity and liabilities
Total equity and liabilities10/49€4.7m€4.8m€4.1m€3.4m€2.4m▼ 29.3%
Equity10/15€99,403€100,260-€21,434-€1.1m-€2.1m▼ 94.1%
Contributions10/11-€20,460€20,460€20,460€20,460=
Profit (loss) carried forward14€78,943€79,800-€41,894-€1.1m-€2.1m▼ 92.4%
Amounts payable17/49€4.6m€4.7m€4.1m€4.5m€4.5m▲ 0.7%
Amounts payable within one year42/48€4.6m€4.7m€4.1m€4.5m€4.5m▲ 0.7%
Trade debts44€449€450€348€118€120▲ 1.7%
Suppliers440/4-€450€348€118€120▲ 1.7%
Taxes, remuneration and social security45-€1,320€0-€511-
Taxes450/3-€1,320€0-€511-
Other amounts payable47/48-€4.7m€4.1m€4.5m€4.5m▲ 0.7%
Line20212022202320242025Change
Profit (loss) for the period9904€2,267€856-€121,694-€1.1m-€1.0m▲ 4.0%
+ Depreciation and write-downs630€1,480€2,770€0---
Operating cash flow (approximation)€3,747€3,626-€121,694-€1.1m-€1.0m▲ 4.0%
Investment in fixed assets (approximation)-€0€100,000€160,216€0▼ 100%
Change in cash-€104,566-€99,404-€8,406-€4,564▲ 45.7%

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

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-01-2027
2026
22-01
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-01
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
30-06
Financial Weakest financial yearnet -€1.1m
Net result drops to -€1.1m, the lowest in the series; recovery starts the following year.
18-01
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
01-02
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema · 1 day late
2022
30-06
Financial Equity above €100,000Eq €100,260 ▲0.9%
4 profitable years in a row build equity to €100,260.
31-01
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
30-06
Financial Highest result since 2019net €2,267 ▲66.3%
Net result €2,267, the highest in the series.
01-02
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema · 1 day late
2020
10-01
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
03-01
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
06-11
State Gazette act General meeting · Director resignation
Permanent representative
Show earlier events
08-06
State Gazette act General meeting · Director resignation
Director appointment · Permanent representative
19-01
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema
2016
21-12
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts

We know of 5 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
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, Retie · 1 establishment unit since 2006
seat establishment The establishment unit on the map
Ground area
840 m²
Building footprint
241 m²
Volume, LiDAR
799 m³
Parcel 13036D0029/00F000, Flanders · tallest building 9.4 m, ±1 floor. Linked by address, not a title deed.
5 companies at this address See who is registered here
1 establishment unit
Bravimmo
Plas 40, 2470 RetieNACE 70111
since 20062.157.569.713
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
13036D0029/00F000 Flanders 839 m² 1 · 241 m² 9.3 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.

Structure & network

Owners and holdings

3 holdings

Owners 0

The accounts to 30-06-2025 list no shareholders, and no other source names one.

Holdings 3

According to the annual accounts to 30-06-2025 of Bravimmo 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

Depth

The group is listed under Ownership & control below; here you explore it as a network.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, scroll to zoom.

Ownership & control

1 board mandate
Board mandates of this companythis company sits on their board1
1 location

Similar companies · same sector, comparable size

Of 9,699 companies in sector 68121 we hold annual accounts for 7,394. 5,309 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
Founded10-11-2006
Fiscal year end30-06
Activities, NACEBEL 2025
68121Development of residential building projects
82990Other business support services
E-invoicing
Reachable via Peppol
Peppol ID 0208:0884914172
Also 9925:BE0884914172
Registered 24-11-2025

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.