Equity
€420,042 ▲ 4.2%
BREBO has made a profit without a break since 2017.
BREBO
Lifetime
19 annual accounts with figures on one time axis, 30 filings since 1995peak €315,051 (2022)
€130,778▼ 31.9%
lowest -€11,869 (2010)
€16,766▼ 76.4%
peak €420,042 (2024)
€420,042▲ 4.2%
€588,684▼ 16.1%
Board3 names since 2020
1 directorVan Ginniken Jan
Documentsfilings and deeds
08-10-202569 days late
2024abbreviated format
Gross margin from €192,151 to €130,778Result from €70,943 to €16,766Debts from €701,985 to €588,684Cash from €132,368 to €77,705
Key points
from the 2024 annual accountsChecked score
55
Fair
Financially stronger than 48% of micro companies in construction of buildings (NACE 41)
Probability in this band: 1.5% to 4.2%
Bankruptcy probability within 12 months
1.7% Moderate
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 1.5% across 13,459 companies (NACE 41, micro).
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.6%
01-2025: 0.6%● unchanged vs 12-2024
02-2025: 0.6%● unchanged vs 01-2025
03-2025: 0.6%● unchanged vs 02-2025
04-2025: 0.6%● unchanged vs 03-2025
05-2025: 0.6%● unchanged vs 04-2025
06-2025: 0.6%● unchanged vs 05-2025lowest value
07-2025: 0.7%▲ +0.1 percentage points vs 06-2025
08-2025: 1.0%▲ +0.3 percentage points vs 07-2025
09-2025: 1.1%▲ +0.1 percentage points vs 08-2025
10-2025: 1.3%▲ +0.2 percentage points vs 09-2025
11-2025: 0.7%▼ -0.6 percentage points vs 10-2025
12-2025: 0.7%● unchanged vs 11-2025
01-2026: 0.7%● unchanged vs 12-2025
02-2026: 0.7%● unchanged vs 01-2026
03-2026: 0.7%● unchanged vs 02-2026
04-2026: 0.7%● unchanged vs 03-2026
05-2026: 0.7%● unchanged vs 04-2026
06-2026: 0.6%▼ -0.1 percentage points vs 05-2026
07-2026: 0.7%▲ +0.1 percentage points vs 06-2026
08-2026: 1.1%▲ +0.4 percentage points vs 07-2026
09-2026: 1.2%▲ +0.1 percentage points vs 08-2026
10-2026: 1.7%▲ +0.5 percentage points vs 09-2026highest value
11-2026: 1.7%● unchanged vs 10-2026highest value
Financial strengthStrong
Score breakdown
raises risk
Figures for financial year 2024 (filed on 12-10-2025)
1 financial year not filed after the legal deadline; last filed accounts filed 69 days late; 3 of the last 3 accounts late
Sector: Construction of residential and non-residential buildings (NACE 41)
lowers risk
Founded in 1994
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 41, micro). It does better than 49% of them on solvency, 54% on liquidity, 44% on profitability and 45% on growth.
The bankruptcy probability was computed on 07-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2024.
Of the companies with a bankruptcy probability in the moderate class on 30-06-2025, 2.4% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 14,766 companies had the same profile as BREBO has now. Each dot stands for 37 companies, two years later.
96.2%
were still trading
3.5%
stopped another way
0.2%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of BREBO itself is higher: 1.7% within 12 months. It rests on far more data about BREBO than the profile alone.
Test of the method
The method was tested on the 497,447 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.
| 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 14,766 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
Credit of up to €23,000 on 30-day terms, only on tighter conditions: an expected filing is missing beyond Checked's processing allowance
Liquidity is ample, with a current ratio of 1.61 (1.45 in 2023), above the usual 1.5. Short-term debt is 23.6% and cash 7.7% of total assets. However, 58.4% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises risk
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 100 days later.
NBB · 10 filingsPosition against the passed deadline
31-12-2025 year end31-07-2026 deadline08-11-2026 today
raises risk · 2024 accounts filed 69 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 08-10-2025, 69 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filingsDeviation from the deadline
2025
not filed
2024
69 days late
2023
68 days late
2022
126 days late
2021
451 days late
2020
318 days late
2019
122 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 6 accounts on average 192 days after the deadline. In the sector (NACE 41), the median for financial year 2024 was on the deadline day, and 46% of those companies filed late.
Searched, nothing found (1)
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0453415612
Amendment of the articles · Legal-form change · Resignations & appointments
Resignations: VAN GINNEKEN Constant (statutory director) and VAN GINNEKEN Jan (director) · Reappointment: VAN GINNEKEN Jan (director) · Director discharge: VAN GINNEKEN Jan · General meeting of 01-12-2023 · Gazette deed
Environmental permit refused
Bouwen of herbouwen, Nieuwbouw of aanleggen, Nieuwbouw van bijgebouwen en niet overdekte lage constructie · Brecht
First establishment
Noorderveld 36, Brecht
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| BREBO Brecht | €1.0m | €130,778 | 41.6% | - |
| S&S Group Hasselt | €1.0m | €129,234 | 18.2% | - |
| DE PAUW INVEST Herzele | €0.9m | €120,849 | 54.0% | - |
| BATILOOK Brussels | €1.1m | €148,329 | 52.9% | 2 |
| GEO. CONSTRUCT INT Sint-Pieters-Leeuw | €0.9m | €140,345 | 81.8% | 0.6 |
| TLaurent Waterloo | €1.0m | €128,497 | 89.0% | - |
| Draintech Affligem | €1.0m | €144,186 | 86.1% | - |
These companies have the same main activity as BREBO: general construction of residential buildings (NACE 41001). They are comparable in size and age: total assets between €894,000 and €1.1m, founded between 1989 and 1997.
Official details
Source: KBO- Status
- Active since 16-09-1994Normal situation
- Activity
- General construction of residential buildingsNACE 41001and 1 other
- Establishment unit
- 2.070.562.2952960 Brecht, since 03-03-1995
- Financial year end
- 31 December
- Peppol
- Reachable since 22-07-2025
Annual accounts 2024
- ≈ €460,000estimated
- €1.0m▼ 8.7%
- ≈ 0 FTEestimated
- Filing
- Filed on 08-10-2025
Insights on BREBO
BREBO files the abbreviated format. That format states no turnover. The gross margin rose from €17,365 in 2006 to €130,778 in 2024.
The balance sheet grew most from 2020 to 2022 through fixed assets.
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 0453.415.612. The VAT number is the same number with BE in front: BE 0453.415.612.
- Where is BREBO based?
- The registered office is at Noorderveld 36, 2960 Brecht.Company details
- What does BREBO do?
- According to the KBO register, the main activity is general construction of residential buildings (NACE 41001).
- What is the legal form of BREBO?
- BREBO is a private limited company (BV).
- When was BREBO founded?
- BREBO was founded on 16-09-1994.
- Is BREBO still active?
- Yes, BREBO is an active enterprise in the KBO register.
- What is the turnover of BREBO?
- The turnover in financial year 2024 is ≈ €460,000. This figure is estimated from the gross margin of €130,778 and 127 comparable companies (NACE 41001). It probably lies between €320,000 and €720,000.Financials
- Is BREBO profitable?
- In financial year 2024, BREBO made a profit of €16,766.
- Where can I find the annual accounts of BREBO?
- BREBO filed 30 annual accounts with the National Bank of Belgium, the latest for financial year 2024.
Next steps
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