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BREBO

Active Public limited companyfounded 1990active for 36 yearsPickardstraat 23, 3570 AlkenKBO/BCE: BE 0440.966.948 #2 company by total assets in Alken, Real estate sector

Lifetime

20 annual accounts with figures on one time axis, 36 filings since 1990
peak €1.2m (2025)
€1.2m▲ 53.0%
lowest -€52,574 (2015)
€30,428▼ 88.4%
peak €2.1m (2025)
€2.1m▲ 0.2%
€12.0m▲ 45.6%
peak 4.9 FTE (2015)
2 FTEunchanged
Board4 names since 2021
3 directors and 2 others
Documentsfilings and deeds
31-08-202631 days late
2025financial year
Gross margin from €796,586 to €1.2mResult from €261,824 to €30,428Registered office moved from Stevoort to Alken 30-05Appointment: (managing director) 27-01Debts from €8.2m to €12.0mInvestments €5.2m

Key points

from the 2025 annual accounts

Equity

€2.1m ▲ 0.2%

BREBO has made a profit without a break since 2016.

Result

€30,428 ▼ 88.4%
€262,0002024€30,4002025

The result fell in 2025: different schema filed.

Turnover

≈ €1.6m estimated

The accounts state no turnover.

Debts

€12.0m 85% of the balance sheet
Financial debts 75%Suppliers 4%Taxes and wages 1%Other 20%

€8.9m of the debts are secured on the company's own assets. In 2022 that was €3.9m.

Investments

€5.2m 8.7 × depreciation
20212022202320242025

Green is investment, beige is depreciation. Land and buildings stand 81.1% higher than in 2024.

Filings

36 annual accounts since 1990
AprilJune31 JulyOctober1990200020102020

Nine of the last ten came late. The 2022 accounts came latest: 141 days after the end of the period.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 3,984 companies had the same profile as BREBO has now. Each dot stands for 10 companies, two years later.

96.5%
were still trading
2.3%
stopped another way
1.1%
went bankrupt
  • Micro
  • 20 years or older
  • solvency 10 to 30%
  • a profit under 5% of the balance sheet

Another 0.1% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,448 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the 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% 0.9%
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%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 3,984 companies, not a prediction for BREBO. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Board and ownership

Managing director
Managing director
Managing director
Board & ownership

Recent changes

Environmental permit granted Bouwen of herbouwen, Gevel-, dak-, instandhoudings- en renovatiewerken binnen een gebouw, zonder volume- of oppervlaktewijziging, Het reliëf van de bodem aanmerkelijk wijzigen and 1 more · Alken
Registered in the Peppol Directory Reachable for e-invoices through 0208:0440966948
Registered office moved from Stevoort to Alken New registered office: Pickardstraat 23-25, Industriepark Kolmen 1225, 3570 Alken · Previous registered office: Sterrebos 61, 3512 Stevoort · Board meeting of 02-04-2025 · Gazette deed
Appointment: (managing director) Board meeting of 16-12-2024 · Gazette deed
All 56 events

Comparable companies

same main activity, similar in size and age
Company
BREBO Alken €14.1m €1.2m 14.8% 2
GROUP MOUREAU Leuven €13.7m €0.8m 17.4% 2.6
VINCERE Roeselare €12.5m €0.9m 53.5% 1.4
IMMO POTTELBERG Kortrijk €9.3m €1.0m 15.1% 2.4
NETEBEEMDEN Mol €21.6m €1.5m 40.3% 1.5
SALT Knokke-Heist €8.6m €0.8m 58.2% 1.9
PANTELIS GROUP Genk €32.8m €1.8m 62.4% 1.8

These companies have the same main activity as BREBO: development of residential building projects (NACE 68121). They are comparable in size and age: total assets between €8.6m and €33m, founded between 1987 and 1991.

Official details

Source: KBO
Status
Active since 01-06-1990Normal situation
Activity
Development of residential building projectsNACE 68121and 2 others
Establishment unit
2.050.372.1423512 Hasselt, since 21-11-1990
Financial year end
31 December
Peppol
Reachable since 10-02-2026
Company details

Annual accounts 2025

€14.1m▲ 36.3%
Filing
Filed on 31-08-2026
Financials

Insights on BREBO

BREBO has existed since 1990. The gross margin grew from €133,357 in 2006 to €1.2m in 2025 and staff from 1 to 2 full-time equivalents.

Solvency fell in 2025 from 20.1% to 14.8% because of higher long-term debts.

In January 2025, the Official Gazette published the appointment of as managing director.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about BREBO

What is the company number of BREBO?
The company number of BREBO is 0440.966.948. The VAT number is the same number with BE in front: BE 0440.966.948.
Where is BREBO based?
The registered office is at Pickardstraat 23, 3570 Alken.Company details
What does BREBO do?
According to the KBO register, the main activity is development of residential building projects (NACE 68121).
What is the legal form of BREBO?
BREBO is a public limited company (NV).
When was BREBO founded?
BREBO was founded on 01-06-1990.
Is BREBO still active?
Yes, BREBO is an active enterprise in the KBO register.
How many employees does BREBO have?
BREBO had an average of 2 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of BREBO?
The turnover in financial year 2025 is ≈ €1.6m. This figure is estimated from the gross margin of €1.2m and 40 comparable companies (NACE 681). It probably lies between €1.2m and €3.3m. In financial year 2024 turnover was €1.1m.
Is BREBO profitable?
In financial year 2025, BREBO made a profit of €30,428.
Where can I find the annual accounts of BREBO?
BREBO filed 36 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of BREBO due?
BREBO must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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