BREAZE

Active

Private limited companyfounded 20197 yrs activePlace Saint-Martin(NSV) 8, 1457 Walhain, BelgiumKBO/BCE: BE 0729.908.667

BREAZE has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €56k and a net result of €40k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 37% of 20786 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.5% (very low).

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Checked score

Score 2024

88 / 100

Excellent

The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2023

Profitability100=

Solvency75▲+21

Growth78=

Track record100

Bankruptcy probability, 12 months

0.5% Very low

0%0.5%1.5%4%10%≥ 25%

Credit up to €4.5k at 30 days acceptable

Liquidity ample (current ratio 2.38 against 1.58 in 2023; short-term debt: 26.6% and cash: 39.9% of total assets), but 50.4% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Five signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Lower-failure-rate sector

In this sector companies fail less often than the Belgian average.

Gazette · bankruptcies per sector, NACE 62

Relative position

BE, all sectors

reference

Sector 62

lower

← fewer bankruptcies more bankruptcies →

Limited track record

This company has not been active as long as an established one and statistically fails somewhat more often.

KBO · incorporation date

Age against the risk zone

Higher-failure-rate region

In this region companies fail more often than in the rest of the country.

KBO · registered office

Latest accounts filed on time

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 18-05-2025, 74 days ahead of the deadline.

NBB · 5 filings

Deviation from the deadline

2025

not confirmed

2024

74 d early

2023

152 d early

2022

14 d early

2021

31 d late

2020

79 d early

← before the deadline after the deadline →

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

Financials · fiscal year 2024, micro schema

Equity

€56k▲ 224%

2023 · €17k

2020: €15k 2021: €-5k 2022: €-9k 2023: €17k

2020 → 2024

Total assets

€114k▲ 91.3%

2023 · €60k

2020: €48k 2021: €42k 2022: €27k 2023: €60k

2020 → 2024

Net result

€40k▼ 4.0%

2023 · €42k

2020: €264 2021: €-20k 2022: €-5k 2023: €42k

2020 → 2024

Working capital

€42k▲ 105%

2023 · €20k

2020: €23k 2021: €2k 2022: €1k 2023: €20k

2020 → 2024

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20202021202220232024Trend

Equity€15k-€-5k€-9k▼ 104%€17k€56k▲ 224%

Operating result€280-€-21k€-4k▲ 81.1%€53k€62k▲ 18.4%

Net result€264-€-20k€-5k▲ 76.1%€42k€40k▼ 4.0%

Turnover and EBIT margin not published: the micro schema does not require them.

Result per fiscal year

Operating resultNet result

After the dip in 2021 the operating result has climbed three years in a row; 2024 is 18% above 2023 and is the highest result in the available series.

Balance-sheet composition

2024 in colour, 2023 as the grey bar beneath

Assets €114k

36.9%

63.1%

Fixed assets €42k▲ 866%

Current assets €72k▲ 30.3%

Equity and liabilities €114k

49.6%

50.4%

Equity €56k▲ 224%

Debt €57k▲ 36.3%

The debt ratio falls from 70.8% to 50.4%. Equity and debt are higher.

Key figures and ratios

2024 value · change against 2023

EBITDA

€73k▲

2023 · €54k

Cash flow

€50k▲

2023 · €43k

Solvency

49.6%▲

2023 · 29.2%

Current ratio

2.38▲

2023 · 1.58

Quick ratio

2.38▲

2023 · 1.58

Debt / equity

1.02▼

2023 · 2.42

ROE

70.9%▼

2023 · 239.5%

ROA

35.1%▼

2023 · 70.0%

Interest coverage

44.13▼

2023 · 114.29

Debt

€57k▲

2023 · €42k

Debt ≤ 1 year

€30k▼

2023 · €35k

Debt > 1 year

€27k▲

2023 · €7k

Income taxes

€21k▲

2023 · €11k

Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.

Filed annual accounts

As filed with the NBB · 2024 against 2023

Balance sheet Code20232024

Assets

Total assets20/58€60k€114k▲

Fixed assets21/28€4k€42k▲

Tangible fixed assets22/27€4k€41k▲

Furniture and vehicles24€4k€41k▲

Financial fixed assets28-€1k

Current assets29/58€55k€72k▲

Amounts receivable within one year40/41€26k€26k▲

Trade receivables40€22k€26k▲

Other amounts receivable41€5k-

Cash at bank and in hand54/58€29k€45k▲

Deferred charges and accrued income490/1€352€107▼

Equity and liabilities

Total equity and liabilities10/49€60k€114k▲

Equity10/15€17k€56k▲

Contributions10/11€15k€15k=

Reserves13-€39k

Distributable reserves133-€39k

Profit (loss) carried forward14€2k€2k=

Amounts payable17/49€42k€57k▲

Amounts payable after more than one year17€7k€27k▲

Financial debts170/4€7k€27k▲

Amounts payable within one year42/48€35k€30k▼

Current portion of amounts payable after more than one year42€5k€12k▲

Taxes, remuneration and social security45€2k€7k▲

Taxes450/3€2k€7k▲

Remuneration and social security454/9€415-

Other amounts payable47/48€28k€11k▼

Accrued charges and deferred income492/3€197-

Income statement Code20232024

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€10k▲

Other operating charges640/8€2k€2k▼

Gross operating margin9900€56k€74k▲

Operating profit (loss)9901€53k€62k▲

Financial income75/76B-€30

Recurring financial income75-€30

Financial charges65/66B€471€2k▲

Recurring financial charges65€471€2k▲

Profit (loss) for the period before taxes9903€52k€61k▲

Income taxes67/77€11k€21k▲

Profit (loss) for the period9904€42k€40k▼

Profit (loss) for the period to be appropriated9905€42k€40k▼

Appropriation of the result

Profit (loss) to be appropriated9906€17k€42k▲

Profit (loss) brought forward from the previous period14P€-24k€2k▲

Transfer to equity691/2-€39k

To other reserves6921-€39k

Profit to be distributed694/7€15k€980▼

Return on contributions (dividend)694€15k€980▼

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

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Timeline · acts, filings and financial milestones

All 7Financial 2Filings 5

2025

18-05

NBB filing Annual accounts filed

fiscal year 2024 · micro schema

2024

01-03

NBB filing Annual accounts filed

fiscal year 2023 · micro schema

2023

31-12

Financial Back to profitnet €42k

Net result €42k after 2 loss-making years.

17-07

NBB filing Annual accounts filed

fiscal year 2022 · micro schema

2022

31-08

NBB filing Annual accounts filed

fiscal year 2021 · micro schema · 31 days late

2021

31-12

Financial Weakest financial yearnet €-20k ▼7611%

Net result drops to €-20k, the lowest in the series; recovery starts the following year.

13-05

NBB filing Annual accounts filed

fiscal year 2020 · micro schema

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

no sitting director, no change since 2023

We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.

30-06-2023 Van der Stricht Loic: Resigned as Director

31-12-2021 Legrand Raphael: Resigned as Director

31-12-2021 Vander Stricht Marc: Resigned as Director

Location & real-estate footprint

Registered office, Walhain · 1 establishment unit since 2019

establishment The establishment unit on the map

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.

Place Saint-Martin(NSV) 81457 Walhain

Ground area

2,808 m²

Building footprint