Brecht Devriendt
ActiveFinancials · financial year 2025, micro format
Annual accounts 2025 filed on 08-07-2026 at the NBB all 2 filings
Every figure per financial year
The operating result for 2025 is 87% lower than in 2024.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Investments
| Item | 2024 | 2025 |
|---|---|---|
| Tangible fixed assets | €3,911 | - |
| Depreciation and write-downs of the year | €532 | €1,048 |
Source: notes to the 2024 to 2025 annual accounts (statement of fixed assets)
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €532 | €1,048 | ▲ 97.1% |
| Other operating charges640/8 | €462 | - | - |
| Gross operating margin9900 | €9,501 | €2,144 | ▼ 77.4% |
| Operating profit (loss)9901 | €8,507 | €1,096 | ▼ 87.1% |
| Financial charges65/66B | - | €58 | - |
| Recurring financial charges65 | - | €58 | - |
| Profit (loss) for the period before taxes9903 | €8,507 | €1,038 | ▼ 87.8% |
| Income taxes67/77 | €2,798 | €963 | ▼ 65.6% |
| Profit (loss) for the period9904 | €5,709 | €76 | ▼ 98.7% |
| Profit (loss) for the period to be appropriated9905 | €5,709 | €76 | ▼ 98.7% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €12,515 | €12,118 | ▼ 3.2% |
| Fixed assets21/28 | €3,379 | €2,331 | ▼ 31.0% |
| Tangible fixed assets22/27 | €3,379 | €2,331 | ▼ 31.0% |
| Plant, machinery and equipment23 | €3,379 | - | - |
| Furniture and vehicles24 | - | €2,331 | - |
| Current assets29/58 | €9,136 | €9,787 | ▲ 7.1% |
| Amounts receivable within one year40/41 | €6,592 | €7,334 | ▲ 11.3% |
| Trade receivables40 | €5,320 | €4,797 | ▼ 9.8% |
| Other amounts receivable41 | €1,272 | €2,537 | ▲ 99.5% |
| Cash at bank and in hand54/58 | €2,305 | €1,902 | ▼ 17.5% |
| Deferred charges and accrued income490/1 | €239 | €551 | ▲ 130% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €12,515 | €12,118 | ▼ 3.2% |
| Equity10/15 | €9,709 | €9,784 | ▲ 0.8% |
| Contributions10/11 | €4,000 | €4,000 | = |
| Reserves13 | €5,700 | €5,784 | ▲ 1.5% |
| Distributable reserves133 | €5,700 | €5,784 | ▲ 1.5% |
| Profit (loss) carried forward14 | €9 | - | - |
| Amounts payable17/49 | €2,806 | €2,333 | ▼ 16.9% |
| Amounts payable within one year42/48 | €2,806 | €2,333 | ▼ 16.9% |
| Trade debts44 | €190 | €326 | ▲ 71.3% |
| Suppliers440/4 | €190 | €326 | ▲ 71.3% |
| Taxes, remuneration and social security45 | €570 | - | - |
| Taxes450/3 | €570 | - | - |
| Other amounts payable47/48 | €2,046 | €2,007 | ▼ 1.9% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €5,709 | €76 | ▼ 98.7% |
| + Depreciation and write-downs630 | €532 | €1,048 | ▲ 97.1% |
| Operating cash flow (approximation) | €6,240 | €1,123 | ▼ 82.0% |
| Investment in fixed assets (approximation) | - | €0 | - |
| Change in cash | - | -€404 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 2,546 companies had the same profile as Brecht Devriendt has now. Two years later, 94.3% were still going and 2.3% had gone bankrupt.
- Micro
- 2 to 5 years old
- solvency 30% or more
- a profit under 5% of the balance sheet
Another 0.2% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of Brecht Devriendt itself: 1.5% within 12 months.
Test of the method
The method was tested on the 497,446 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 2,546 companies, not a prediction for Brecht Devriendt. 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.