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BRB Construct

Active
General partnershipfounded 2012active for 14 yearsWaterloosesteenweg 791, 1180 Ukkel, BelgiumKBO/BCE: BE 0845.311.448
Summary

BRB Construct has been active since 2012 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €37,990 and a net result of -€512. Equity remains stable across the filed financial years (±1.5% per year). The computed 12-month bankruptcy probability is 0.9% (low).

Overview

Activity
Activity not known1 site
Size
€59,369total assets 2025
Equity
€37,990
Loss
-€512
Financial health
67 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
0.9%
Structure
Accounts filed 31 days late0 of 3 deeds read
Why 67raises riskLatest accounts 31 days late; 2 of the last 3 latelowers riskSize: total assets €59,369Legal form: general partnershipFounded in 2012Show the evidence

Checked score

Score 2025
67 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially better than 41% of its sector peers (no NACE code, micro)
Financial strength · tick = 2024
Average
Solvency 89+2
equity 64.0% of total assets
Liquidity 34+1
short-term debt 36.0% · cash 0.5%
Profitability 35+11
return on assets -0.9%
Bankruptcy probability, 12 months
0.9% Low
0%0.5%1.5%4%10%≥ 25%

About 9 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 11-2024: 2.3% 12-2024: 3.0%▲ +0.7 percentage points vs 11-2024 01-2025: 4.0%▲ +1.0 percentage point vs 12-2024 02-2025: 4.0%● unchanged vs 01-2025 03-2025: 4.1%▲ +0.1 percentage points vs 02-2025 04-2025: 4.7%▲ +0.6 percentage points vs 03-2025highest value 05-2025: 4.7%● unchanged vs 04-2025highest value 06-2025: 4.7%● unchanged vs 05-2025highest value 07-2025: 1.2%▼ -3.5 percentage points vs 06-2025 08-2025: 1.2%● unchanged vs 07-2025 09-2025: 1.2%● unchanged vs 08-2025 10-2025: 1.2%● unchanged vs 09-2025 11-2025: 1.1%▼ -0.1 percentage points vs 10-2025 12-2025: 1.1%● unchanged vs 11-2025 01-2026: 1.1%● unchanged vs 12-2025 02-2026: 1.1%● unchanged vs 01-2026 03-2026: 1.1%● unchanged vs 02-2026 04-2026: 1.1%● unchanged vs 03-2026 05-2026: 1.1%● unchanged vs 04-2026 06-2026: 1.1%● unchanged vs 05-2026 07-2026: 1.1%● unchanged vs 06-2026 08-2026: 1.4%▲ +0.3 percentage points vs 07-2026 09-2026: 0.9%▼ -0.5 percentage points vs 08-2026lowest value 10-2026: 0.9%● unchanged vs 09-2026lowest value
Credit of up to €2,500 on 30-day terms is acceptable
Liquidity ample (current ratio 2.78, compared with 2.67 in 2024, above the usual 1.5; short-term debt: 36% and cash: 0.5% of total assets), and 36% of the assets are financed with debt and provisions.
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 (no NACE code, micro): better than 54% on solvency, 19% on liquidity, 25% on profitability and 65% on growth.

The bankruptcy probability was computed on 16-10-2026 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

Five signals.
lowers riskraises riskneutral
raises risk · Latest accounts 31 days late; 2 of the last 3 late
NBB · filings
lowers risk · Size: total assets €59,369
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
lowers risk · Legal form: general partnership
KBO
lowers risk · Founded in 2012
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
31 days late
2024
31 days early
2023
303 days late
2022
53 days late
2021
416 days late
2020
16 days early
2019
59 days late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 7 accounts on average 116 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were 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 22 September (4 of the last 5 filed years within 251 days of that day).
Companies Code · seven months
Where today falls in the filing period
17-10-2026 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 · abbreviated…
  2. Annual accounts filedfinancial year 2024 · full…
  3. Annual accounts filedfinancial year 2023 · full…

Financials · financial year 2025, abbreviated format

2025 annual accounts filed late (31 days) Filed on 31 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00498984.

Turnover
€88,824
EBIT margin
12.4%
Net result
-€512▲ 82.8%
2024 · -€2,984
Working capital
€37,990▲ 7.8%
2024 · €35,229
Trend over the years

2021 to 2025, 5 financial years 2018 to 2025, 8 financial years

The operating result stays negative: a loss of €3,528 in 2025 against €1,564 in 2024; the loss grows.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result-€3,528 2025 Net result-€512 2025

Use the arrow keys on the chart for the figures per year.

Every figure with its change against the financial year before
favourable unfavourable
Line20182019202020212022202320242025
Turnover€88,824-
Operating result€10,985--€219-€3,137▼ 1,331%-€1,603▲ 48.9%-€4,859▼ 203%-€9,595▼ 97.5%-€1,564▲ 83.7%-€3,528▼ 126%
Net result€12,057-€3,935▼ 67.4%€2,608▼ 33.7%€1,991▼ 23.6%-€1,314-€7,176▼ 446%-€2,984▲ 58.4%-€512▲ 82.8%
EBIT margin12.4%-
Equity€38,170-€42,104▲ 10.3%€44,712▲ 6.2%€46,704▲ 4.5%€45,389▼ 2.8%€38,213▼ 15.8%€35,229▼ 7.8%€37,990▲ 7.8%
Total assets€97,730-€89,990▼ 7.9%€72,980▼ 18.9%€72,230▼ 1.0%€67,262▼ 6.9%€59,510▼ 11.5%€56,379▼ 5.3%€59,369▲ 5.3%
Debt€59,560-€47,886▼ 19.6%€28,267▼ 41.0%€25,526▼ 9.7%€21,873▼ 14.3%€21,297▼ 2.6%€21,150▼ 0.7%€21,378▲ 1.1%
Working capital€32,935-€39,487▲ 19.9%€44,712▲ 13.2%€46,704▲ 4.5%€45,389▼ 2.8%€38,213▼ 15.8%€35,229▼ 7.8%€37,990▲ 7.8%
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €59,369
Equity €37,990 ▲ 7.8%
Debt €21,378 ▲ 1.1%
Debt's share of the balance-sheet total falls from 37.5% to 36.0%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
Current ratio
2.78▲
2024 · 2.67
Debt to equity
0.56▼
2024 · 0.60
ROE
-1.3%▲
2024 · -8.5%
ROA
-0.9%▲
2024 · -5.3%
Debt ≤ 1 year
€21,378▲
2024 · €21,150
Income taxes
€47▼
2024 · €1,163
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 6,910 companies that looked in July 2024 the way this one looks now, 1.1% went bankrupt within 24 months and 90.9% are still going.

  • Micro
  • 10 to 20 years old
  • solvency 30% or more
  • a small loss
1.1% went bankrupt
7.8% stopped otherwise
90.9% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.9% 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 497,473 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% 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 6,910 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 · 28 lines
Balance sheet Code20242025
Assets
Total assets20/58€56,379€59,369▲
Current assets29/58€56,379€59,369▲
Amounts receivable within one year40/41€56,083€59,080▲
Other amounts receivable41€56,083€59,080▲
Cash at bank and in hand54/58€296€288▼
Equity and liabilities
Total equity and liabilities10/49€56,379€59,369▲
Equity10/15€35,229€37,990▲
Contributions10/11€240€240=
Profit (loss) carried forward14€34,989€37,750▲
Amounts payable17/49€21,150€21,378▲
Amounts payable within one year42/48€21,150€21,378▲
Trade debts44€21,150€21,150=
Suppliers440/4€21,150€21,150=
Taxes, remuneration and social security45-€228
Taxes450/3-€228
Income statement Code20242025
Other operating charges640/8-€1,042
Gross operating margin9900-€1,564-€2,486▼
Operating profit (loss)9901-€1,564-€3,528▼
Financial income75/76B-€3,109
Recurring financial income75-€3,109
Financial charges65/66B€257€46▼
Recurring financial charges65€257€46▼
Profit (loss) for the period before taxes9903-€1,821-€465▲
Income taxes67/77€1,163€47▼
Profit (loss) for the period9904-€2,984-€512▲
Profit (loss) for the period to be appropriated9905-€2,984-€512▲
Appropriation of the result
Profit (loss) to be appropriated9906€34,989€37,750▲
Profit (loss) brought forward from the previous period14P€37,973€38,263▲

The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20182019202020212022202320242025Change
Turnover70€88,824--------
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,617€2,617€2,618------
Other operating charges640/8-----€6,887-€1,042-
Gross operating margin9900€14,938€2,398€453-€1,603-€4,859-€2,708-€1,564-€2,486▼ 58.9%
Operating profit (loss)9901€10,985-€219-€3,137-€1,603-€4,859-€9,595-€1,564-€3,528▼ 126%
Financial income75/76B---€4,389€4,623€3,212-€3,109-
Recurring financial income75€4,740€5,311€6,829€4,389€4,623€3,212-€3,109-
Financial charges65/66B---€60€42€46€257€46▼ 81.9%
Recurring financial charges65€180€40€105€60€42€46€257€46▼ 81.9%
Profit (loss) for the period before taxes9903€15,545€5,052€3,586€2,725-€277-€6,429-€1,821-€465▲ 74.5%
Income taxes67/77€3,488€1,117€978€734€1,037€747€1,163€47▼ 95.9%
Profit (loss) for the period9904€12,057€3,935€2,608€1,991-€1,314-€7,176-€2,984-€512▲ 82.8%
Profit (loss) for the period to be appropriated9905€12,057€3,935€2,608€1,991-€1,314-€7,176-€2,984-€512▲ 82.8%
Line20182019202020212022202320242025Change
Assets
Total assets20/58€97,730€89,990€72,980€72,230€67,262€59,510€56,379€59,369▲ 5.3%
Fixed assets21/28€5,234€2,618-------
Tangible fixed assets22/27€5,234€2,618-------
Current assets29/58€92,495€87,373€72,980€72,230€67,262€59,510€56,379€59,369▲ 5.3%
Amounts receivable within one year40/41€90,808€83,666€72,766€72,015€67,034€59,352€56,083€59,080▲ 5.3%
Trade receivables40---€938€723€147---
Other amounts receivable41---€71,077€66,311€59,205€56,083€59,080▲ 5.3%
Cash at bank and in hand54/58€1,688€3,707€213€214€228€158€296€288▼ 2.6%
Equity and liabilities
Total equity and liabilities10/49€97,730€89,990€72,980€72,230€67,262€59,510€56,379€59,369▲ 5.3%
Equity10/15€38,170€42,104€44,712€46,704€45,389€38,213€35,229€37,990▲ 7.8%
Contributions10/11€240€240-€240€240€240€240€240=
Capital10---€240-----
Issued capital100---€240-----
Profit (loss) carried forward14€37,930€41,864€44,472€46,464€45,149€37,973€34,989€37,750▲ 7.9%
Amounts payable17/49€59,560€47,886€28,267€25,526€21,873€21,297€21,150€21,378▲ 1.1%
Amounts payable within one year42/48€59,560€47,886€28,267€25,526€21,873€21,297€21,150€21,378▲ 1.1%
Trade debts44€42,000€42,475€21,878€22,088€21,873€21,297€21,150€21,150=
Suppliers440/4---€22,088€21,873€21,297€21,150€21,150=
Taxes, remuneration and social security45---€3,438---€228-
Taxes450/3---€3,438---€228-
Line20182019202020212022202320242025Change
Profit (loss) for the period9904€12,057€3,935€2,608€1,991-€1,314-€7,176-€2,984-€512▲ 82.8%
+ Depreciation and write-downs630€2,617€2,617€2,618------
Operating cash flow (approximation)€14,674€6,552€5,226€1,991-€1,314-€7,176-€2,984-€512▲ 82.8%
Investment in fixed assets (approximation)-€0-------
Change in cash-€2,019-€3,493€1€14-€70€138-€8-

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

Download as CSV

Latest 10 of 13 filings with the National Bank
Financial year Type Filed Reference
31-12-2025 abbreviated format 31-08-2026 2026-00498984
31-12-2024 full format 30-06-2025 2025-00198930
31-12-2023 full format 30-05-2025 2025-00113594
31-12-2022 full format 22-09-2023 2023-00453247
31-12-2021 full format 20-09-2023 2023-00452029
31-12-2020 micro format 15-07-2021 2021-37200217
31-12-2019 full format 28-09-2020 2020-57400029
31-12-2018 full format 02-09-2019 2019-62500092
31-12-2017 full format 12-09-2018 2018-62800584
31-12-2016 full format 31-08-2017 2017-56200121

Show all 13 filings

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.

Directors

Directors
No directors read yet: 0 of 3 Gazette acts processed. See the directors and other office holders in the KBO →

Owners and capital

Owners

No owners or capital events in the accounts and acts we read.

History

On 17 April 2012, BRB Construct was incorporated.1 Total assets went from €97,730 in 2018 to €59,369 in 2025.2

  1. 1KBO register
  2. 2National Bank, annual accounts 2018 and 2025

Acts, filings and financial milestones

Next filing, financial year 2026, expected by 31-07-2027
2026
31-08
NBB filing Annual accounts filed
financial year 2025 · abbreviated format · 31 days late
2025
30-06
NBB filing Annual accounts filed
financial year 2024 · full format
30-05
NBB filing Annual accounts filed
financial year 2023 · full format · 303 days late
2023
31-12
Financial Weakest financial yearnet -€7,176
Net result drops to -€7,176, the lowest in the series; recovery starts the following year.
22-09
NBB filing Annual accounts filed
financial year 2022 · full format · 53 days late
20-09
NBB filing Annual accounts filed
financial year 2021 · full format · 416 days late
2021
15-07
NBB filing Annual accounts filed
financial year 2020 · micro format
2020
28-09
NBB filing Annual accounts filed
financial year 2019 · full format · 59 days late
2019
02-09
NBB filing Annual accounts filed
financial year 2018 · full format · 33 days late
2018
12-09
NBB filing Annual accounts filed
financial year 2017 · full format · 43 days late
2017
31-08
NBB filing Annual accounts filed
financial year 2016 · full format · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the financial year-end date, not the filing date.Of the 13 annual accounts filed, the latest 10 are here; all 13 are under Financials.
0 of 3 deeds read
About the unread acts

We know of 3 Belgian Official Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Register details

Identification
Legal formGeneral partnership
Founded17-04-2012
Financial year end31-12
E-invoicing
Not found in the Peppol Directory

No listing in the Peppol Directory under this enterprise or VAT number. That proves nothing: being listed there is voluntary.

What can you do?

Try sending from your invoicing software; if that fails, ask the customer whether they already receive via Peppol.

If the customer is not ready yet, you may send the invoice another way, for example as a PDF; if you send it electronically, you need their agreement on a secure channel. The invoice remains valid; it is the customer, not you, who risks a penalty. FPS Finance

If you follow this company, Checked tells you the day it appears in the Peppol register.

Register as of 17 October 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.

Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.

Sites & property

Location & real-estate footprint
Registered office, Ukkel · 1 establishment unit since 2012
registered office establishment The establishment unit on the map
Ground area
204 m²
Building footprint
79 m²
Building volume
890 m³
Parcel 21612C0056/02D026, Brussels · tallest building 16.0 m. Linked by address, not a title deed.
4 companies at this address See who is registered here
1 establishment unit
Waterloosesteenweg 791, 1180 Ukkel
Site preparation
since 2012unit no. 2.208.721.177
1 parcel
Brussels 1 (100%)
Cadastral parcel Region Area Buildings Height / floors
21612C0056/02D026 Brussels 204 m² 1 · 79 m² 16.0 m · 4
How the parcels are linked
Good to know
The parcel matches the address exactly.