BREAK & BUILD
ActiveSummary
The computed 12-month bankruptcy probability of BREAK & BUILD is 2.7% (moderate). The 2025 annual accounts show equity of €457,708 and a net result of €363,194. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 58% of 731 sector peers (fiscal year 2025). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability100▲+24
Solvency70▲+40
Growth78=
Track record94
Bankruptcy probability, 12 months
2.7%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €25,000 at 30 days acceptable
Liquidity tight (current ratio 1.46 against 0.85 in 2024; short-term debt: 55% and cash: 1.6% of total assets), and 55.2% of the assets are financed with debt.
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Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 52
Relative position
BE, all sectors
reference
Warehousing and support activities for transportation (NACE 52)
about 72% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
44.8%
Return on assets
35.6%
Age of the figures
9 mo
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 30-07-2026, 1 day ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
1 d early
2024
36 d early
2023
36 d early
2022
16 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 4 accounts on average 14 days before the deadline; the sector median for financial year 2024 is 8 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 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 13 July (3 of the last 4 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, abbreviated schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€363,194▲ 281%
2024 · €95,393
Working capital
€258,187
2024 · -€249,749
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 52, Warehousing and support activities for transportation, 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
Line2022202320242025
Operating result€1,499-€2,091▲ 39.5%€148,817▲ 7,017%€509,205▲ 242%
Net result€1,127within the sector's middle half--€5,005below the sector's middle half€95,393within the sector's middle half€363,194above the sector's middle half▲ 281%
Equity€4,127below the sector's middle half--€878below the sector's middle half€94,514below the sector's middle half€457,708within the sector's middle half▲ 384%
Total assets€32,796below the sector's middle half-€413,846within the sector's middle half▲ 1,162%€1.8mwithin the sector's middle half▲ 325%€1.0mwithin the sector's middle half▼ 42.0%
Debt€28,669-€414,725▲ 1,347%€1.7m▲ 302%€563,057▼ 66.2%
Working capital€2,091within the sector's middle half--€253,250below the sector's middle half-€249,749below the sector's middle half▲ 1.4%€258,187within the sector's middle half
Solvency12.6%below the sector's middle half--0.2%below the sector's middle half▼ 12.8pp5.4%below the sector's middle half▲ 5.6pp44.8%within the sector's middle half▲ 39.5pp
Current ratio1.07within the sector's middle half-0.39below the sector's middle half▼ 0.680.85below the sector's middle half▲ 0.461.46within the sector's middle half▲ 0.61
Return on assets (ROA)3.4%within the sector's middle half--1.2%below the sector's middle half▼ 4.6pp5.4%within the sector's middle half▲ 6.6pp35.6%above the sector's middle half▲ 30.2pp
Staff (FTE)0below the sector's middle half14.2above the sector's middle half
above
within
below
the middle half (P25 to P75) of NACE 52, Warehousing and support activities for transportation, each year against the same schema; no band under 30 filings.
Why a figure moved sharply
- 2025 Net result +281% on 2024. The accounts now follow the abbreviated schema, last year the full schema.
Result per fiscal year
Operating resultNet result
The operating result has risen three years in a row; 2025 is 242% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.0m
Fixed assets
€201,399 ▼ 41.8%
Current assets
€819,366 ▼ 42.1%
Equity and liabilities €1.0m
Equity
€457,708 ▲ 384%
Debt
€563,057 ▼ 66.2%
Debt's share of the balance-sheet total falls from 94.6% to 55.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€552,616▲
2024 · €163,686
Cash flow
€406,605▲
2024 · €110,262
Debt to equity
1.23▼
2024 · 17.63
ROE
79.4%▼
2024 · 100.9%
Interest coverage
47.88▲
2024 · 12.63
Debt ≤ 1 year
€561,180▼
2024 · €1.7m
Income taxes
€140,921▲
2024 · €40,766
Staff costs
€740,586▲
2024 · €566,986
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 3,126 companies that looked in July 2024 the way this one looks now, 0.8% went bankrupt within 24 months and 97% are still going.
- Small
- 2 to 5 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.8%
went bankrupt
1.9%
stopped otherwise
97%
still going
For this company itself Checked computes a higher bankruptcy probability: 2.7% 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 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.9% |
| 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% 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 3,126 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 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €220,322 | €566,986 | €740,586 | ▲ 30.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €128 | €3,478 | €14,869 | €43,410 | ▲ 192% |
| Other operating charges640/8 | - | €275 | €2,879 | €10,454 | ▲ 263% |
| Gross operating margin9900 | €1,627 | €226,166 | €733,551 | €1.3m | ▲ 77.7% |
| Operating profit (loss)9901 | €1,499 | €2,091 | €148,817 | €509,205 | ▲ 242% |
| Financial income75/76B | - | €42 | €306 | €6,452 | ▲ 2,008% |
| Recurring financial income75 | - | €42 | €306 | €6,452 | ▲ 2,008% |
| Financial charges65/66B | €34 | €4,101 | €12,964 | €11,543 | ▼ 11.0% |
| Recurring financial charges65 | €34 | €4,101 | €12,964 | €11,543 | ▼ 11.0% |
| Profit (loss) for the period before taxes9903 | €1,465 | -€1,968 | €136,159 | €504,115 | ▲ 270% |
| Income taxes67/77 | €338 | €3,037 | €40,766 | €140,921 | ▲ 246% |
| Profit (loss) for the period9904 | €1,127 | -€5,005 | €95,393 | €363,194 | ▲ 281% |
| Profit (loss) for the period to be appropriated9905 | €1,127 | -€5,005 | €95,393 | €363,194 | ▲ 281% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €32,796 | €413,846 | €1.8m | €1.0m | ▼ 42.0% |
| Fixed assets21/28 | €2,036 | €252,371 | €346,265 | €201,399 | ▼ 41.8% |
| Tangible fixed assets22/27 | €2,036 | €15,484 | €95,267 | €89,475 | ▼ 6.1% |
| Furniture and vehicles24 | €2,036 | €15,484 | €95,267 | €89,475 | ▼ 6.1% |
| Financial fixed assets28 | - | €236,887 | €250,998 | €111,925 | ▼ 55.4% |
| Current assets29/58 | €30,760 | €161,475 | €1.4m | €819,366 | ▼ 42.1% |
| Amounts receivable within one year40/41 | €20,844 | €160,651 | €1.1m | €790,800 | ▼ 29.5% |
| Trade receivables40 | €16,631 | €101,339 | €1.1m | €545,300 | ▼ 51.2% |
| Other amounts receivable41 | €4,212 | €59,312 | €4,223 | €245,500 | ▲ 5,714% |
| Cash at bank and in hand54/58 | €9,917 | - | €260,598 | €16,310 | ▼ 93.7% |
| Deferred charges and accrued income490/1 | - | €824 | €32,580 | €12,257 | ▼ 62.4% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €32,796 | €413,846 | €1.8m | €1.0m | ▼ 42.0% |
| Equity10/15 | €4,127 | -€878 | €94,514 | €457,708 | ▲ 384% |
| Contributions10/11 | €3,000 | €3,000 | €3,000 | €3,000 | = |
| Reserves13 | €1,127 | - | €91,514 | €454,708 | ▲ 397% |
| Distributable reserves133 | €1,127 | - | €91,514 | €454,708 | ▲ 397% |
| Profit (loss) carried forward14 | - | -€3,878 | - | - | - |
| Amounts payable17/49 | €28,669 | €414,725 | €1.7m | €563,057 | ▼ 66.2% |
| Amounts payable within one year42/48 | €28,669 | €414,725 | €1.7m | €561,180 | ▼ 66.3% |
| Financial debts43 | - | €5,186 | - | - | - |
| Credit institutions430/8 | - | €5,186 | - | - | - |
| Trade debts44 | €14,582 | €324,889 | €1.4m | €86,883 | ▼ 93.9% |
| Suppliers440/4 | €14,582 | €324,889 | €1.4m | €86,883 | ▼ 93.9% |
| Taxes, remuneration and social security45 | €14,087 | €60,923 | €185,783 | €289,976 | ▲ 56.1% |
| Taxes450/3 | €14,087 | €5,957 | €67,346 | €210,759 | ▲ 213% |
| Remuneration and social security454/9 | - | €54,966 | €118,437 | €79,217 | ▼ 33.1% |
| Other amounts payable47/48 | - | €23,726 | €64,381 | €184,321 | ▲ 186% |
| Accrued charges and deferred income492/3 | - | - | €2,002 | €1,877 | ▼ 6.2% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €1,127 | -€5,005 | €95,393 | €363,194 | ▲ 281% |
| + Depreciation and write-downs630 | €128 | €3,478 | €14,869 | €43,410 | ▲ 192% |
| Operating cash flow (approximation) | €1,255 | -€1,527 | €110,262 | €406,605 | ▲ 269% |
| Investment in fixed assets (approximation) | - | -€253,814 | -€108,763 | €101,455 | ▲ 193% |
| Change in cash | - | - | - | -€244,288 | - |
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
30-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Highest result since 2022net €363,194 ▲281%
Operating result €509,205, net result €363,194, both a record.
31-12
Financial
Equity above €200,000Eq €457,708 ▲384%
2 profitable years in a row build equity to €457,708.
25-06
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Back to profitnet €95,393
Net result €95,393 after one loss-making year.
25-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet -€5,005
Net result drops to -€5,005, the lowest in the series; recovery starts the following year.
16-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 16 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 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
4 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, Grâce-Hollogne · 2 establishment units since 2022
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.
Rue Sélys Longchamps(Jean de) 124460 Grâce-Hollogne2 establishment units
BREAK & BUILD
since 20222.331.527.632
Break & Build
since 20232.343.735.477
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Of 1,031 companies in sector 52100 we hold annual accounts for 769. 531 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
Founded25-05-2022
Fiscal year end31-12
Abbreviation FR
B&B
Activities, NACEBEL 2025
52100Warehousing and storage
52249Warehousing and support activities for transportation
82990Other business support services
E-invoicing
Reachable via Peppol
Peppol ID
0208:0786573790
Also
9925:BE0786573790
Registered
19-05-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.