Breakpoint
ActiveSummary
The computed 12-month bankruptcy probability of Breakpoint is 1.6% (moderate). The 2024 annual accounts show negative equity (-€273,124) and a net result of -€33,251. Equity is shrinking by ~11% per year across the filed fiscal years. Its solvency ranks better than 5% of 36377 sector peers (fiscal year 2024). The company has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes · tick = 2023
Profitability0▼-5
Solvency0=
Growth32▼-26
Track record100
Bankruptcy probability, 12 months
1.6%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.74 against 0.94 in 2023; short-term debt: 110.9% and cash: 13.8% 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 2024Solvency, return and age of the figures
Solvency
-128.4%
Return on assets
-15.6%
Age of the figures
21 mo
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
Specialised construction activities (NACE 43)
about 85% 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 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year -€273,124
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 09-07-2025, 22 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
22 d early
2023
54 d late
2022
3 d early
2021
33 d early
2020
61 d late
2019
68 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 21 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Equity
-€273,124▼ 13.9%
2023 · -€239,874
Total assets
€212,684▲ 18.9%
2023 · €178,948
Net result
-€33,251▼ 69.0%
2023 · -€19,675
Working capital
-€62,322▼ 498%
2023 · -€10,422
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result-€22,600▲ 3.9%-€24,859▼ 10.0%-€19,068▲ 23.3%-€19,469▼ 2.1%-€32,952▼ 69.3%
Net result-€22,767▲ 3.9%-€25,046▼ 10.0%-€19,297▲ 23.0%-€19,675▼ 2.0%-€33,251▼ 69.0%
Equity-€182,055▼ 14.3%-€207,101▼ 13.8%-€220,198▼ 6.3%-€239,874▼ 8.9%-€273,124▼ 13.9%
Total assets€157,369▼ 6.5%€141,951▼ 9.8%€141,901=€178,948▲ 26.1%€212,684▲ 18.9%
Debt€339,424▲ 3.6%€349,052▲ 2.8%€362,100▲ 3.7%€418,822▲ 15.7%€485,808▲ 16.0%
Working capital€45,626▼ 26.6%€26,020▼ 43.0%€13,862▼ 46.7%-€10,422-€62,322▼ 498%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €32,952 in 2024 against €19,469 in 2023; the loss grows and 2024 has the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €212,684
Fixed assets
€39,198 ▲ 606%
Current assets
€173,486 =
Key figures and ratios
EBITDA
-€22,526▼
2023 · -€17,005
Cash flow
-€22,825▼
2023 · -€17,212
Solvency
-128.4%▲
2023 · -134.0%
Current ratio
0.74▼
2023 · 0.94
Quick ratio
0.14▼
2023 · 0.17
Debt to equity
-1.78▼
2023 · -1.75
ROA
-15.6%▼
2023 · -11.0%
Interest coverage
-147.16▲
2023 · -319.10
Debt ≤ 1 year
€235,808▲
2023 · €183,822
Debt > 1 year
€250,000▲
2023 · €235,000
Income taxes
€146▼
2023 · €154
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €6,215 | €5,440 | €940 | €2,464 | €10,426 | ▲ 323% |
| Other operating charges640/8 | - | €602 | €464 | €1,115 | €938 | ▼ 15.9% |
| Gross operating margin9900 | -€16,037 | -€18,817 | -€17,665 | -€15,889 | -€21,589 | ▼ 35.9% |
| Operating profit (loss)9901 | -€22,600 | -€24,859 | -€19,068 | -€19,469 | -€32,952 | ▼ 69.3% |
| Financial income75/76B | - | - | €0 | - | €0 | - |
| Recurring financial income75 | €0 | - | €0 | - | €0 | - |
| Financial charges65/66B | - | €60 | €51 | €53 | €153 | ▲ 187% |
| Recurring financial charges65 | €47 | €60 | €51 | €53 | €153 | ▲ 187% |
| Profit (loss) for the period before taxes9903 | -€22,647 | -€24,919 | -€19,119 | -€19,522 | -€33,105 | ▼ 69.6% |
| Income taxes67/77 | €120 | €127 | €179 | €154 | €146 | ▼ 5.2% |
| Profit (loss) for the period9904 | -€22,767 | -€25,046 | -€19,297 | -€19,675 | -€33,251 | ▼ 69.0% |
| Profit (loss) for the period to be appropriated9905 | -€22,767 | -€25,046 | -€19,297 | -€19,675 | -€33,251 | ▼ 69.0% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €157,369 | €141,951 | €141,901 | €178,948 | €212,684 | ▲ 18.9% |
| Fixed assets21/28 | €7,319 | €1,879 | €940 | €5,548 | €39,198 | ▲ 606% |
| Intangible fixed assets21 | €6,600 | €1,400 | €700 | - | - | - |
| Tangible fixed assets22/27 | €719 | €479 | €240 | €5,548 | €39,198 | ▲ 606% |
| Plant, machinery and equipment23 | - | €479 | €240 | €5,548 | €3,191 | ▼ 42.5% |
| Furniture and vehicles24 | - | - | - | - | €36,007 | - |
| Current assets29/58 | €150,049 | €140,072 | €140,962 | €173,400 | €173,486 | = |
| Stocks and contracts in progress3 | €134,145 | €133,945 | €133,945 | €142,677 | €139,950 | ▼ 1.9% |
| Stocks30/36 | - | €133,945 | €133,945 | €142,677 | €139,950 | ▼ 1.9% |
| Amounts receivable within one year40/41 | - | - | - | €13,627 | €4,115 | ▼ 69.8% |
| Trade receivables40 | - | - | - | €13,320 | €3,707 | ▼ 72.2% |
| Other amounts receivable41 | - | - | - | €307 | €408 | ▲ 32.9% |
| Cash at bank and in hand54/58 | €15,905 | €6,127 | €7,017 | €17,096 | €29,420 | ▲ 72.1% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €157,369 | €141,951 | €141,901 | €178,948 | €212,684 | ▲ 18.9% |
| Equity10/15 | -€182,055 | -€207,101 | -€220,198 | -€239,874 | -€273,124 | ▼ 13.9% |
| Contributions10/11 | - | €12,400 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Non-distributable reserves130/1 | - | €1,860 | €1,860 | - | - | - |
| Reserves not available under the articles1311 | - | €1,860 | €1,860 | - | - | - |
| Distributable reserves133 | - | - | - | €1,860 | €1,860 | = |
| Profit (loss) carried forward14 | -€196,315 | -€221,361 | -€240,658 | -€260,334 | -€293,584 | ▼ 12.8% |
| Amounts payable17/49 | €339,424 | €349,052 | €362,100 | €418,822 | €485,808 | ▲ 16.0% |
| Amounts payable after more than one year17 | €235,000 | €235,000 | €235,000 | €235,000 | €250,000 | ▲ 6.4% |
| Financial debts170/4 | - | €235,000 | €235,000 | €235,000 | €250,000 | ▲ 6.4% |
| Amounts payable within one year42/48 | €104,424 | €114,052 | €127,100 | €183,822 | €235,808 | ▲ 28.3% |
| Trade debts44 | €579 | €614 | - | €3,181 | €278 | ▼ 91.3% |
| Suppliers440/4 | - | €614 | - | €3,181 | €278 | ▼ 91.3% |
| Taxes, remuneration and social security45 | - | €247 | €161 | €39 | €146 | ▲ 272% |
| Taxes450/3 | - | €247 | €161 | €39 | €146 | ▲ 272% |
| Other amounts payable47/48 | - | €113,191 | €126,938 | €180,602 | €235,384 | ▲ 30.3% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€22,767 | -€25,046 | -€19,297 | -€19,675 | -€33,251 | ▼ 69.0% |
| + Depreciation and write-downs630 | €6,215 | €5,440 | €940 | €2,464 | €10,426 | ▲ 323% |
| Operating cash flow (approximation) | -€16,552 | -€19,606 | -€18,358 | -€17,212 | -€22,825 | ▼ 32.6% |
| Investment in fixed assets (approximation) | - | €0 | €0 | -€7,073 | -€44,076 | ▼ 523% |
| Change in cash | - | -€9,778 | €890 | €10,079 | €12,324 | ▲ 22.3% |
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
2025
09-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet -€33,251
Net result drops to -€33,251, the lowest in the series.
23-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 54 days late
2023
28-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
28-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 61 days late
2020
07-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 68 days late
2019
09-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 9 days late
2018
06-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 6 days late
2017
24-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
21-06
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.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Wetteren · 1 establishment unit since 2005
Ground area
1,081 m²
Building footprint
101 m²
Volume, LiDAR
697 m³
Parcel 42302D0265/00Y000, Flanders · tallest building 9.9 m, ±2 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
Breakpoint
since 20052.147.341.260
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 42302D0265/00Y000 | Flanders | 1,081 m² | 1 · 101 m² | 9.9 m · 2 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.
Similar companies · same sector and region
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This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 22,832 companies in sector 43211 we hold annual accounts for 10,328. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded08-04-2005
Fiscal year end31-12
Activities, NACEBEL 2025
43211General electrical installation work
43240Other construction installation
58290Other software publishing
62900Other information technology and computer services
62200Computer consultancy and computer facilities management
82990Other business support services
Contact
E-mail
bart@ronsyn.beWetteren
Phone
0486/82.12.81Wetteren
Scores and ratios are computed by Checked and are not a credit decision.