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BRECO CONSULT

Open bankruptcy
Private limited company (pre-2019)founded 2005Pieter de Coninckstraat 25, 2600 Antwerpen, BelgiumKBO/BCE: BE 0875.892.182

A bankruptcy procedure is open for BRECO CONSULT according to publications in the Belgian State Gazette; curator: LUC DE PRÊTRE.

Summary

The 2020 annual accounts show negative equity (-€37,392) and a net result of €2,918.

BRECO CONSULTOpen bankruptcy

Are you a creditor?

Open bankruptcy Source: Belgian Official Gazette

If this company owes you money, you are not paid automatically: you file your claim yourself, within the deadline the judgment sets.

The procedure

Court
Enterprise Court of Antwerp, Antwerp division
Declared bankrupt
28 September 2021
Supervising judge
Olivier Schoenmaeckers
Official Gazette
04-10-2021 (pdf) ↗search the document for 2021/133548

Deadlines

Provisional date payments stopped
28 September 2021A later judgment can change the date.art. XX.105 CEL
Appeal or third-party opposition until
passed on 19 October 2021Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
File the claim in RegSol until
passed on 28 October 2021art. XX.104 and XX.155 CEL
First verification report
passed on 26 November 2021Goods that belong to you, such as those delivered under retention of title, are reclaimed before this day.art. XX.104 and XX.194 CEL
Late claim until
passed on 28 September 2022Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL

Curator

What to do now

  1. Do not deliver on credit any more without an agreement with the curator.
  2. Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
  3. File your proof of claim in RegSol (regsol.be), yourself with eID or itsme, or through your lawyer. State principal, interest and costs separately, and any preferential right you hold.
  4. Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
  5. Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
  6. Follow the file in RegSol: the verification report (admitted or disputed) and the curator's reports appear there.

The deadlines above come from the publication of the judgment. Check them in RegSol before you file anything; a passed deadline no longer applies.

File a claim in RegSol ↗ Watch Follow this bankruptcy: you are alerted when it is closed or reversed.

General information, not legal advice. If in doubt, the curator, your lawyer or your accountant can help.Creditor guide for this company

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Signals

Two signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator. The KBO register also records: open bankruptcy.
Belgian State Gazette
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2020 was due by 31-10-2020 and was filed on 28-09-2020, 33 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2020
33 d early
2019
17 d early
2018
5 d early
2017
6 d late
2016
12 d early
2015
1 d early
2014
4 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 8 days before the deadline; the sector median for financial year 2020 is 4 days before the deadline, and 39% 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 6 September 2005, BRECO CONSULT was incorporated.1 The company has filed 14 sets of annual accounts, the latest for fiscal year 2020.2 The company was declared bankrupt on 28 September 2021.3

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2020
  3. 3Belgian State Gazette, 04-10-2021

Go further with this company

Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2020, micro schema

Equity
-€37,392▲ 7.2%
2019 · -€40,310
Total assets
€179,214▲ 14.1%
2019 · €157,117
Net result
€2,918▲ 382%
2019 · €605
Working capital
-€178,741▲ 1.3%
2019 · -€181,048
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.

Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the fiscal year before
favourable unfavourable
Line20192020
Operating result€701-€2,941▲ 319%
Net result€605-€2,918within the sector's middle half▲ 382%
Equity-€40,310--€37,392below the sector's middle half▲ 7.2%
Total assets€157,117-€179,214within the sector's middle half▲ 14.1%
Debt€197,427-€216,605▲ 9.7%
Working capital-€181,048--€178,741below the sector's middle half▲ 1.3%
Solvency-25.7%--20.9%below the sector's middle half▲ 4.8pp
Current ratio0.08-0.17below the sector's middle half▲ 0.09
Return on assets (ROA)0.4%-1.6%within the sector's middle half▲ 1.2pp
above within below the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€1,000€2,000€3,000Operating result 2019: €701€701Net result 2019: €605€605Operating result 2020: €2,941€2,941Net result 2020: €2,918€2,91820192020€0€1,000€2,000€3,000Operating result 2019: €701€701Net result 2019: €605€605Operating result 2020: €2,941€2,940Net result 2020: €2,918€2,92020192020
The operating result rises in 2020; 2020 is 319% above 2019.
Balance-sheet composition
2020 in colour, 2019 as the grey bar beneath
Assets €179,214
Fixed assets €141,436 ▲ 0.4%
Current assets €37,777 ▲ 132%
Equity and liabilities
Equity-€37,392
Debt€216,605
Equity is negative: debt (€216,605) exceeds the balance-sheet total (€179,214).
Key figures and ratios
2020 value · change against 2019
EBITDA
€3,760▼
2019 · €31,479
Cash flow
€3,737▼
2019 · €31,382
Debt ≤ 1 year
€216,518▲
2019 · €197,340
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2020 against 2019 · 22 lines
Balance sheet Code20192020
Assets
Total assets20/58€157,117€179,214▲
Fixed assets21/28€140,825€141,436▲
Tangible fixed assets22/27€140,685€141,296▲
Financial fixed assets28€140€140=
Current assets29/58€16,292€37,777▲
Amounts receivable within one year40/41€13,509€36,593▲
Cash at bank and in hand54/58€2,518€919▼
Equity and liabilities
Total equity and liabilities10/49€157,117€179,214▲
Equity10/15-€40,310-€37,392▲
Contributions10/11€18,550€18,550=
Reserves13€1,855€1,855=
Profit (loss) carried forward14-€60,715-€57,797▲
Amounts payable17/49€197,427€216,605▲
Amounts payable within one year42/48€197,340€216,518▲
Trade debts44€3,703€3,899▲
Income statement Code20192020
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€30,778€819▼
Gross operating margin9900€47,810€4,968▼
Operating profit (loss)9901€701€2,941▲
Recurring financial charges65€96€23▼
Profit (loss) for the period before taxes9903€605€2,918▲
Profit (loss) for the period9904€605€2,918▲
Profit (loss) for the period to be appropriated9905€605€2,918▲
Line20192020Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€30,778€819▼ 97.3%
Gross operating margin9900€47,810€4,968▼ 89.6%
Operating profit (loss)9901€701€2,941▲ 319%
Recurring financial charges65€96€23▼ 76.1%
Profit (loss) for the period before taxes9903€605€2,918▲ 382%
Profit (loss) for the period9904€605€2,918▲ 382%
Profit (loss) for the period to be appropriated9905€605€2,918▲ 382%
Line20192020Change
Assets
Total assets20/58€157,117€179,214▲ 14.1%
Fixed assets21/28€140,825€141,436▲ 0.4%
Tangible fixed assets22/27€140,685€141,296▲ 0.4%
Financial fixed assets28€140€140=
Current assets29/58€16,292€37,777▲ 132%
Amounts receivable within one year40/41€13,509€36,593▲ 171%
Cash at bank and in hand54/58€2,518€919▼ 63.5%
Equity and liabilities
Total equity and liabilities10/49€157,117€179,214▲ 14.1%
Equity10/15-€40,310-€37,392▲ 7.2%
Contributions10/11€18,550€18,550=
Reserves13€1,855€1,855=
Profit (loss) carried forward14-€60,715-€57,797▲ 4.8%
Amounts payable17/49€197,427€216,605▲ 9.7%
Amounts payable within one year42/48€197,340€216,518▲ 9.7%
Trade debts44€3,703€3,899▲ 5.3%
Line20192020Change
Profit (loss) for the period9904€605€2,918▲ 382%
+ Depreciation and write-downs630€30,778€819▼ 97.3%
Operating cash flow (approximation)€31,382€3,737▼ 88.1%
Investment in fixed assets (approximation)--€1,431-
Change in cash--€1,598-

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

2021
04-10
Bankruptcy Opening
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · event 28-09-2021
2020
28-09
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2019
14-10
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2018
26-10
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2017
06-11
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 6 days late
2016
19-10
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
2015
30-10
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema
2014
04-11
NBB filing Annual accounts filed
fiscal year 2014 · abbreviated schema · 4 days late
2013
27-11
NBB filing Annual accounts filed
fiscal year 2013 · abbreviated schema · 27 days late
2012
30-11
NBB filing Annual accounts filed
fiscal year 2012 · abbreviated schema · 30 days late
2011
30-09
NBB filing Annual accounts filed
fiscal year 2011 · abbreviated schema
SignalNBB filing

Directors · office · real estate

Directors
We have established no sitting directors for this company in the Gazette acts read. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Antwerpen · 1 establishment unit since 2005
seat establishment The establishment unit on the map
Ground area
167 m²
Building footprint
94 m²
Volume, LiDAR
722 m³
Parcel 11303B0425/00S012, Flanders · tallest building 14.9 m, ±3 floors. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
BRECO CONSULT
Pieter de Coninckstraat 25, 2600 AntwerpenNACE 7414201
since 20052.149.111.115
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
11303B0425/00S012 Flanders 167 m² 1 · 94 m² 14.8 m · 3 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.

Insolvency mandates

1 mandate
Role Name Tenure
Curator LUC DE PRÊTRE
Amerikalei 160, 2000 Antwerpen 1
28-09-2021 → present

Similar companies · same sector and region

This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 82,601 companies in this sector we hold annual accounts for 52,629. See the whole sector

Company details

Identification
Legal formPrivate limited company (pre-2019)
Founded06-09-2005
Fiscal year end31-03
Activities, NACEBEL 2025
70200Business and other management consultancy
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

Register as of 1 October 2026 · Peppol Directory

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