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BRECHT MORTIER

Active
Private limited companyfounded 20242 yrs activeGrote Herreweg 94, 9690 Kluisbergen, BelgiumKBO/BCE: BE 1013.740.367
Summary

BRECHT MORTIER has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €1,140 and a net result of -€3,860. Its solvency ranks better than 5% of 19918 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).

Checked score

Score 2024
Axes
Profitability64
Solvency26
Growth-
Track record67
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%
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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 86
Relative position
BE, all sectors
reference
Human health activities (NACE 86)
about 87% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 2 years 0 10 y
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
1.2%
Return on assets
-4.1%
Age of the figures
21 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 5% of 19918 sector peers (2024).
NBB · sector comparison
Position among 19918 sector peers
Solvency
better than 5%
← weakest strongest →
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 15-07-2025, 16 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2024
16 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its 2024 accounts 16 days before the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% of the sector filed 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

On 18 September 2024, BRECHT MORTIER was incorporated as a Private limited company.1 The company has filed annual accounts once, for fiscal year 2024.2

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

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Financials · fiscal year 2024, micro schema

Equity
€1,140
Total assets
€95,292
Net result
-€3,860
Working capital
-€31,266

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition
Assets €92,577
Fixed assets €85,005
Current assets €7,572
Equity and liabilities €95,292
Equity €1,140
Debt €94,152
Debt finances 98.8% of the balance-sheet total.
Key figures and ratios
2024 value
EBITDA
€157
Cash flow
€118
Current ratio
0.19
Debt to equity
82.56
ROE
-338.4%
ROA
-4.1%
Interest coverage
1568.90
Debt ≤ 1 year
€38,839
Debt > 1 year
€55,313
Income taxes
€39

Peer companies

Historical observation

Of the 1,304 companies that looked in July 2024 the way this one looks now, 5.2% went bankrupt within 24 months and 92% are still going.

  • Micro
  • 2 to 5 years old
  • solvency under 10%
  • a small loss
5.2% went bankrupt
1.6% stopped otherwise
92% still going

A further 1.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a lower bankruptcy probability: 0.3% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 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% 1.6%
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 74% 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 1,304 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 · 35 lines
Balance sheet Code2024
Assets
Total assets20/58€95,292
Formation expenses20€2,715
Fixed assets21/28€85,005
Intangible fixed assets21€9,437
Tangible fixed assets22/27€75,567
Land and buildings22€52,322
Furniture and vehicles24€23,245
Current assets29/58€7,572
Cash at bank and in hand54/58€3,402
Deferred charges and accrued income490/1€4,171
Equity and liabilities
Total equity and liabilities10/49€95,292
Equity10/15€1,140
Contributions10/11€5,000
Profit (loss) carried forward14-€3,860
Amounts payable17/49€94,152
Amounts payable after more than one year17€55,313
Financial debts170/4€55,313
Amounts payable within one year42/48€38,839
Current portion of amounts payable after more than one year42€4,687
Trade debts44€2,053
Suppliers440/4€2,053
Taxes, remuneration and social security45€39
Taxes450/3€39
Other amounts payable47/48€32,060
Income statement Code2024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3,978
Other operating charges640/8€176
Gross operating margin9900€333
Operating profit (loss)9901-€3,821
Financial charges65/66B€0
Recurring financial charges65€0
Profit (loss) for the period before taxes9903-€3,821
Income taxes67/77€39
Profit (loss) for the period9904-€3,860
Profit (loss) for the period to be appropriated9905-€3,860
Appropriation of the result
Profit (loss) to be appropriated9906-€3,860

The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3,978
Other operating charges640/8€176
Gross operating margin9900€333
Operating profit (loss)9901-€3,821
Financial charges65/66B€0
Recurring financial charges65€0
Profit (loss) for the period before taxes9903-€3,821
Income taxes67/77€39
Profit (loss) for the period9904-€3,860
Profit (loss) for the period to be appropriated9905-€3,860
Line2024
Assets
Total assets20/58€95,292
Formation expenses20€2,715
Fixed assets21/28€85,005
Intangible fixed assets21€9,437
Tangible fixed assets22/27€75,567
Land and buildings22€52,322
Furniture and vehicles24€23,245
Current assets29/58€7,572
Cash at bank and in hand54/58€3,402
Deferred charges and accrued income490/1€4,171
Equity and liabilities
Total equity and liabilities10/49€95,292
Equity10/15€1,140
Contributions10/11€5,000
Profit (loss) carried forward14-€3,860
Amounts payable17/49€94,152
Amounts payable after more than one year17€55,313
Financial debts170/4€55,313
Amounts payable within one year42/48€38,839
Current portion of amounts payable after more than one year42€4,687
Trade debts44€2,053
Suppliers440/4€2,053
Taxes, remuneration and social security45€39
Taxes450/3€39
Other amounts payable47/48€32,060
Line2024
Profit (loss) for the period9904-€3,860
+ Depreciation and write-downs630€3,978
Operating cash flow (approximation)€118

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
15-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
NBB filing
0 of 2 acts read
About the unread acts

We know of 2 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
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, Kluisbergen · 1 establishment unit since 2024
seat establishment The establishment unit on the map
Ground area
878 m²
Building footprint
235 m²
Volume, LiDAR
1,207 m³
Parcel 45043B0576/00P002, Flanders · tallest building 9.9 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
BRECHT MORTIER
Grote Herreweg 94, 9690 KluisbergenOther publishing activities, excluding software publishing
since 20242.364.408.058
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
45043B0576/00P002 Flanders 878 m² 1 · 235 m² 9.9 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.

Similar companies · same sector, comparable size

Of 5,533 companies in sector 86931 we hold annual accounts for 553. 109 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded18-09-2024
Fiscal year end31-12
Activities, NACEBEL 2025
86931Psychology services
85599Other education
E-invoicing
Reachable via Peppol
Peppol ID 0208:1013740367
Also 9925:BE1013740367
Registered 01-10-2025

Register as of 27 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.