Breccie
ActiveBreccie has been active since 1998 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €585k and a net result of €43k. Equity is growing by ~12% per year across the filed fiscal years. Its solvency ranks better than 34% of 265 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
61
/ 100
Healthy▼ -9 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability37▼-32
Solvency53▼-8
Growth52▼-26
Stability100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €35k at 30 days acceptable
Liquidity tight (current ratio 1.32 against 1.48 in 2024), and 70.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
29.2%
Return on assets
2.1%
Age of the figures
8 mo
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 23
Relative position
BE, all sectors
reference
Sector 23
lower
← fewer bankruptcies
more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 25-06-2026, 36 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
36 d early
2024
41 d early
2023
34 d early
2022
14 d early
2021
9 d early
2020
31 d late
2019
31 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
15-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€585k▲ 7.5%
2024 · €544k
2018: €292k
2019: €298k
2020: €307k
2021: €384k
2022: €421k
2023: €554k
2024: €544k
2018 → 2025
Total assets
€2.00M▲ 17.6%
2024 · €1.70M
2018: €1.09M
2019: €1.36M
2020: €1.31M
2021: €1.58M
2022: €1.80M
2023: €1.75M
2024: €1.70M
2018 → 2025
Net result
€43k▼ 42.9%
2024 · €75k
2018: €69k
2019: €7k
2020: €10k
2021: €79k
2022: €39k
2023: €135k
2024: €75k
2018 → 2025
Working capital
€84k▼ 30.9%
2024 · €122k
2018: €-73k
2019: €-13k
2020: €7k
2021: €8k
2022: €7k
2023: €124k
2024: €122k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€384k-€421k▲ 9.7%€554k▲ 31.6%€544k▼ 1.8%€585k▲ 7.5%
Operating result€124k-€64k▼ 47.9%€221k▲ 243%€131k▼ 40.9%€97k▼ 25.9%
Net result€79k-€39k▼ 50.8%€135k▲ 247%€75k▼ 44.4%€43k▼ 42.9%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 26% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.00M
Fixed assets
€1.66M▲ 24.8%
Current assets
€348k▼ 7.6%
Equity and liabilities €2.00M
Equity
€585k▲ 7.5%
Debt
€1.42M▲ 22.3%
The debt ratio rises from 68.1% to 70.8%: debt grows faster than equity.
Key figures and ratios
EBITDA
€304k▼
2024 · €314k
Cash flow
€250k▼
2024 · €258k
Solvency
29.2%▼
2024 · 31.9%
Current ratio
1.32▼
2024 · 1.48
Quick ratio
0.57▼
2024 · 0.65
Debt / equity
2.43▲
2024 · 2.13
ROE
7.3%▼
2024 · 13.8%
ROA
2.1%▼
2024 · 4.4%
Interest coverage
7.25▼
2024 · 8.67
Debt
€1.42M▲
2024 · €1.16M
Debt ≤ 1 year
€264k▲
2024 · €255k
Debt > 1 year
€1.15M▲
2024 · €901k
Income taxes
€19k▼
2024 · €28k
Staff costs
€294k▼
2024 · €325k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€1.70M€2.00M▲
Fixed assets21/28€1.33M€1.66M▲
Tangible fixed assets22/27€1.33M€1.66M▲
Land and buildings22€784k€1.15M▲
Plant, machinery and equipment23€313k€265k▼
Furniture and vehicles24€21k€6k▼
Leasing and similar rights25€210k€237k▲
Financial fixed assets28€1k€1k=
Current assets29/58€377k€348k▼
Stocks and contracts in progress3€210k€199k▼
Stocks30/36€202k€193k▼
Contracts in progress37€8k€6k▼
Amounts receivable within one year40/41€99k€43k▼
Trade receivables40€76k€42k▼
Other amounts receivable41€23k€1k▼
Cash at bank and in hand54/58€54k€90k▲
Deferred charges and accrued income490/1€14k€16k▲
Equity and liabilities
Total equity and liabilities10/49€1.70M€2.00M▲
Equity10/15€544k€585k▲
Contributions10/11€130k€130k=
Reserves13€414k€455k▲
Distributable reserves133€414k€455k▲
Profit (loss) carried forward14€0€0=
Amounts payable17/49€1.16M€1.42M▲
Amounts payable after more than one year17€901k€1.15M▲
Financial debts170/4€901k€1.15M▲
Amounts payable within one year42/48€255k€264k▲
Current portion of amounts payable after more than one year42€149k€169k▲
Trade debts44€34k€24k▼
Suppliers440/4€34k€24k▼
Taxes, remuneration and social security45€31k€36k▲
Taxes450/3€26k€29k▲
Remuneration and social security454/9€6k€8k▲
Other amounts payable47/48€40k€34k▼
Accrued charges and deferred income492/3€6k€5k▼
Income statement
Code20242025
Non-recurring operating income76A€0€1k▲
Remuneration, social security and pensions62€325k€294k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€183k€207k▲
Other operating charges640/8€18k€20k▲
Non-recurring operating charges66A-€5k
Gross operating margin9900€658k€623k▼
Operating profit (loss)9901€131k€97k▼
Financial income75/76B€8k€7k▼
Recurring financial income75€8k€7k▼
Financial charges65/66B€36k€42k▲
Recurring financial charges65€36k€42k▲
Profit (loss) for the period before taxes9903€103k€62k▼
Income taxes67/77€28k€19k▼
Profit (loss) for the period9904€75k€43k▼
Profit (loss) for the period to be appropriated9905€75k€43k▼
Appropriation of the result
Profit (loss) to be appropriated9906€75k€43k▼
Transfer from equity791/2€85k€2k▼
Transfer to equity691/2€75k€43k▼
To other reserves6921€75k€43k▼
Profit to be distributed694/7€85k€2k▼
Return on contributions (dividend)694€85k€2k▼
Social balance
Average headcount (FTE)90875.65.6=
The notes to these accounts (30 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
25-06
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
20-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
27-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Highest result since 2018net €135k ▲247%
Operating result €221k, net result €135k, both a record.
31-12
Financial
Equity above €500kEq €554k ▲31.6%
6 profitable years in a row build equity to €554k.
17-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
22-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 31 days late
2020
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 31 days late
2019
31-12
Financial
Weakest financial yearnet €7k ▼90.3%
Net result drops to €7k, the lowest in the series; recovery starts the following year.
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 30 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 31 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Avelgem · 1 establishment unit since 1999
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.
Nijverheidslaan 88580 AvelgemGround area
10 m²
Parcel 34003B1292/00N000, Flanders. Linked by address, not a title deed.
1 establishment unit
Nijverheidslaan 8, 8580 Avelgem
since 19992.086.319.451
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34003B1292/00N000 | Flanders | 10 m² | - | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 to 2023 · 2 entries · 309 EUR awarded · 309 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 128 EUR | 128 EUR |
| 2022 | 1 | 181 EUR | 181 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 736 companies in sector 23700 we hold annual accounts for 489. 386 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded30-03-1998
Fiscal year end31-12
Activities, NACEBEL
23700Cutting, shaping and finishing of stone
26700
43331Floor and wall tiling
43990Other specialised construction activities
43999Specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 28 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.