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BREBIS

Active
Public limited companyfounded 199135 yrs activeG. Gezellelaan 113, 3550 Heusden-Zolder, BelgiumKBO/BCE: BE 0444.823.291
Summary

BREBIS has been active since 1991 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show negative equity (-€62,139) and a net result of -€3,903. Equity is shrinking by ~31.3% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 1.0% (low).

Checked score

Score 2024
44 / 100
Weak
Negative equity caps the score. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability35▼-1
Solvency7▼-1
Growth32=
Track record100
Bankruptcy probability, 12 months
1.0% Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.18 against 0.18 in 2023; short-term debt: 0.6% of total assets), and equity is negative.
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Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
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 2024
Solvency, return and age of the figures
Solvency
-17.7%
Return on assets
-1.1%
Age of the figures
21 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 35 years 0 40 y
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024
Equity per financial year
18192021222324
2018 to 2024 · latest year -€62,139
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 30-06-2025, 31 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
31 d early
2023
44 d early
2022
27 d early
2021
54 d early
2020
19 d early
2019
24 d late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 6 accounts on average 25 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (1)
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

BREBIS was incorporated on 2 August 1991.1 Total assets went from EUR 378,904 in 2018 to EUR 351,631 in 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2024

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Financials · fiscal year 2024, micro schema

Equity
-€62,139▼ 6.7%
2023 · -€58,236
Total assets
€351,631=
2023 · €351,631
Net result
-€3,903▼ 68.6%
2023 · -€2,315
Working capital
-€1,652=
2023 · -€1,652
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-€1,867▲ 7.8%-€2,217▼ 18.7%-€30,814▼ 1,290%-€2,315▲ 92.5%-€3,903▼ 68.6%
Net result-€1,867▲ 7.8%-€2,217▼ 18.7%-€30,814▼ 1,290%-€2,315▲ 92.5%-€3,903▼ 68.6%
Equity-€22,890▼ 8.9%-€25,108▼ 9.7%-€55,921▼ 123%-€58,236▼ 4.1%-€62,139▼ 6.7%
Total assets€378,904=€379,269▲ 0.1%€351,631▼ 7.3%€351,631=€351,631=
Debt€401,794▲ 0.5%€404,377▲ 0.6%€407,552▲ 0.8%€409,867▲ 0.6%€413,770▲ 1.0%
Working capital€25,622=€25,914▲ 1.1%-€1,725-€1,652▲ 4.2%-€1,652=
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€40,000-€30,000-€20,000-€10,000€0Operating result 2020: -€1,867-€1,867Net result 2020: -€1,867-€1,867Operating result 2021: -€2,217-€2,217Net result 2021: -€2,217-€2,217Operating result 2022: -€30,814-€30,814Net result 2022: -€30,814-€30,814Operating result 2023: -€2,315-€2,315Net result 2023: -€2,315-€2,315Operating result 2024: -€3,903-€3,903Net result 2024: -€3,903-€3,90320202021202220232024-€40,000-€30,000-€20,000-€10,000€0Operating result 2022: -€30,814-€30,800Net result 2022: -€30,814-€30,800Operating result 2023: -€2,315-€2,310Net result 2023: -€2,315-€2,310Operating result 2024: -€3,903-€3,900Net result 2024: -€3,903-€3,900202220232024
The operating result stays negative: a loss of €3,903 in 2024 against €2,315 in 2023; the loss grows.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €351,631
Fixed assets €351,265 =
Current assets €365 =
Key figures and ratios
2024 value · change against 2023
Solvency
-17.7%▼
2023 · -16.6%
Current ratio
0.18=
2023 · 0.18
Debt to equity
-6.66▲
2023 · -7.04
ROA
-1.1%▼
2023 · -0.7%
Debt ≤ 1 year
€2,017=
2023 · €2,017
Debt > 1 year
€411,753▲
2023 · €407,850
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 2,799 companies that looked in July 2024 the way this one looks now, 1.9% went bankrupt within 24 months and 90% are still going.

  • Micro
  • 20 years or older
  • negative equity
  • a small loss
1.9% went bankrupt
5.9% stopped otherwise
90% still going

A further 2.2% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 1.0% 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 497,662 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 2,799 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 · 2024 against 2023 · 30 lines
Balance sheet Code20232024
Assets
Total assets20/58€351,631€351,631=
Fixed assets21/28€351,265€351,265=
Tangible fixed assets22/27€351,265€351,265=
Land and buildings22€351,265€351,265=
Current assets29/58€365€365=
Deferred charges and accrued income490/1€365€365=
Equity and liabilities
Total equity and liabilities10/49€351,631€351,631=
Equity10/15-€58,236-€62,139▼
Contributions10/11€298,947€298,947=
Capital10€298,947€298,947=
Issued capital100€298,947€298,947=
Reserves13€6,364€6,364=
Tax-exempt reserves132€6,364€6,364=
Profit (loss) carried forward14-€363,547-€367,450▼
Amounts payable17/49€409,867€413,770▲
Amounts payable after more than one year17€407,850€411,753▲
Other amounts payable178/9€407,850€411,753▲
Amounts payable within one year42/48€2,017€2,017=
Trade debts44€0-
Suppliers440/4€0-
Other amounts payable47/48€2,017€2,017=
Income statement Code20232024
Other operating charges640/8€507€512▲
Non-recurring operating charges66A€0-
Gross operating margin9900-€1,808-€3,391▼
Operating profit (loss)9901-€2,315-€3,903▼
Profit (loss) for the period before taxes9903-€2,315-€3,903▼
Profit (loss) for the period9904-€2,315-€3,903▼
Profit (loss) for the period to be appropriated9905-€2,315-€3,903▼
Appropriation of the result
Profit (loss) to be appropriated9906-€363,547-€367,450▼
Profit (loss) brought forward from the previous period14P-€361,232-€363,547▼

The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20202021202220232024Change
Other operating charges640/8-€401€403€507€512▲ 1.1%
Non-recurring operating charges66A--€27,639€0--
Gross operating margin9900-€1,814-€1,817-€2,772-€1,808-€3,391▼ 87.5%
Operating profit (loss)9901-€1,867-€2,217-€30,814-€2,315-€3,903▼ 68.6%
Profit (loss) for the period before taxes9903-€1,867-€2,217-€30,814-€2,315-€3,903▼ 68.6%
Profit (loss) for the period9904-€1,867-€2,217-€30,814-€2,315-€3,903▼ 68.6%
Profit (loss) for the period to be appropriated9905-€1,867-€2,217-€30,814-€2,315-€3,903▼ 68.6%
Line20202021202220232024Change
Assets
Total assets20/58€378,904€379,269€351,631€351,631€351,631=
Fixed assets21/28€351,265€351,265€351,265€351,265€351,265=
Tangible fixed assets22/27€351,265€351,265€351,265€351,265€351,265=
Land and buildings22-€351,265€351,265€351,265€351,265=
Current assets29/58€27,639€28,004€365€365€365=
Amounts receivable within one year40/41€27,639€27,639----
Other amounts receivable41-€27,639----
Deferred charges and accrued income490/1-€365€365€365€365=
Equity and liabilities
Total equity and liabilities10/49€378,904€379,269€351,631€351,631€351,631=
Equity10/15-€22,890-€25,108-€55,921-€58,236-€62,139▼ 6.7%
Contributions10/11€298,947€298,947€298,947€298,947€298,947=
Capital10-€298,947€298,947€298,947€298,947=
Issued capital100-€298,947€298,947€298,947€298,947=
Reserves13€6,364€6,364€6,364€6,364€6,364=
Tax-exempt reserves132-€6,364€6,364€6,364€6,364=
Profit (loss) carried forward14-€328,201-€330,418-€361,232-€363,547-€367,450▼ 1.1%
Amounts payable17/49€401,794€404,377€407,552€409,867€413,770▲ 1.0%
Amounts payable after more than one year17€399,777€402,287€405,462€407,850€411,753▲ 1.0%
Other amounts payable178/9-€402,287€405,462€407,850€411,753▲ 1.0%
Amounts payable within one year42/48€2,017€2,090€2,090€2,017€2,017=
Trade debts44-€73€73€0--
Suppliers440/4-€73€73€0--
Other amounts payable47/48-€2,017€2,017€2,017€2,017=
Line20202021202220232024Change
Profit (loss) for the period9904-€1,867-€2,217-€30,814-€2,315-€3,903▼ 68.6%
Operating cash flow (approximation)-€1,867-€2,217-€30,814-€2,315-€3,903▼ 68.6%
Investment in fixed assets (approximation)-€0€0€0€0-

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

2025
30-06
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
17-06
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
04-07
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial Weakest financial yearnet -€30,814
Net result drops to -€30,814, the lowest in the series; recovery starts the following year.
07-06
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
12-07
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
24-08
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema · 24 days late
2019
12-08
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema · 12 days late
2018
28-06
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
07-07
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
29-06
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 8 acts read
About the unread acts

We know of 8 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
8 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, Heusden-Zolder · 1 establishment unit since 1991
exact location from the address register On OpenStreetMap
Ground area
1,758 m²
Building footprint
574 m²
Volume, LiDAR
2,622 m³
Parcel 71502B0883/00N000, Flanders · tallest building 8.5 m, ±1 floor. Linked by address, not a title deed.
4 companies at this address See who is registered here
1 establishment unit
BREBIS NV
Pfarrer-Henreco-Strasse 21, 4700 EupenInsurance, reinsurance and pension funding, except compulsory social security
since 19912.054.304.602
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
71502B0883/00N000 Flanders 1,758 m² 1 · 573 m² 8.5 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.

Identification & contact

Identification
Legal formPublic limited company
Founded02-08-1991
Fiscal year end31-12
E-invoicing
Reachable via Peppol
Peppol ID 0208:0444823291
Also 9925:BE0444823291
Registered 02-10-2025

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.