BRECOBUILD
ActiveBRECOBUILD has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €144k and a net result of €12k. Equity is growing by ~6.9% per year across the filed fiscal years. Its solvency ranks better than 44% of 36373 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2024
60
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability73▲+4
Solvency66▲+7
Growth78=
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €8k at 30 days acceptable
Liquidity ample (current ratio 1.73 against 1.54 in 2023; short-term debt: 54% and cash: 0.1% of total assets), but 58.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
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
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 07-10-2025, 68 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
68 d late
2023
91 d late
2022
73 d late
2021
81 d late
2020
88 d late
2019
109 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€144k▲ 9.4%
2023 · €132k
2018: €91k
2019: €102k
2020: €108k
2021: €122k
2022: €124k
2023: €132k
2018 → 2024
Total assets
€351k▼ 9.5%
2023 · €388k
2018: €163k
2019: €191k
2020: €212k
2021: €292k
2022: €242k
2023: €388k
2018 → 2024
Net result
€12k▲ 44.3%
2023 · €9k
2018: €5k
2019: €12k
2020: €6k
2021: €14k
2022: €2k
2023: €9k
2018 → 2024
Working capital
€138k▲ 10.7%
2023 · €125k
2018: €91k
2019: €103k
2020: €105k
2021: €119k
2022: €121k
2023: €125k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€108k-€122k▲ 12.7%€124k▲ 1.5%€132k▲ 6.9%€144k▲ 9.4%
Operating result€9k-€21k▲ 127%€4k▼ 80.0%€16k▲ 293%€22k▲ 34.3%
Net result€6k-€14k▲ 143%€2k▼ 87.0%€9k▲ 380%€12k▲ 44.3%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 34% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €351k
Fixed assets
€23k▼ 23.1%
Current assets
€328k▼ 8.3%
Equity and liabilities €351k
Equity
€144k▲ 9.4%
Debt
€207k▼ 19.2%
The debt ratio falls from 65.9% to 58.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€29k▲
2023 · €21k
Cash flow
€19k▲
2023 · €13k
Solvency
41.1%▲
2023 · 34.1%
Current ratio
1.73▲
2023 · 1.54
Quick ratio
1.72▲
2023 · 1.50
Debt / equity
1.43▼
2023 · 1.94
ROE
8.6%▲
2023 · 6.5%
ROA
3.5%▲
2023 · 2.2%
Interest coverage
6.80▲
2023 · 5.66
Debt
€207k▼
2023 · €256k
Debt ≤ 1 year
€190k▼
2023 · €233k
Debt > 1 year
€17k▼
2023 · €23k
Income taxes
€5k▲
2023 · €4k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€388k€351k▼
Fixed assets21/28€30k€23k▼
Tangible fixed assets22/27€30k€23k▼
Plant, machinery and equipment23€2k€880▼
Furniture and vehicles24€28k€22k▼
Financial fixed assets28€757€757=
Current assets29/58€358k€328k▼
Stocks and contracts in progress3€8k€832▼
Stocks30/36€8k€832▼
Amounts receivable within one year40/41€346k€327k▼
Trade receivables40€328k€312k▼
Other amounts receivable41€18k€14k▼
Cash at bank and in hand54/58€3k€506▼
Equity and liabilities
Total equity and liabilities10/49€388k€351k▼
Equity10/15€132k€144k▲
Contributions10/11€19k€19k=
Reserves13€72k€85k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€70k€83k▲
Profit (loss) carried forward14€41k€41k=
Amounts payable17/49€256k€207k▼
Amounts payable after more than one year17€23k€17k▼
Financial debts170/4€23k€17k▼
Amounts payable within one year42/48€233k€190k▼
Current portion of amounts payable after more than one year42€7k€7k▲
Financial debts43€20k€19k▼
Credit institutions430/8€20k€19k▼
Trade debts44€202k€154k▼
Suppliers440/4€202k€154k▼
Taxes, remuneration and social security45€5k€10k▲
Taxes450/3€5k€9k▲
Remuneration and social security454/9-€566
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€7k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€7k€0▼
Other operating charges640/8€24k€28k▲
Gross operating margin9900€51k€57k▲
Operating profit (loss)9901€16k€22k▲
Financial income75/76B€58€46▼
Recurring financial income75€58€46▼
Financial charges65/66B€4k€4k▲
Recurring financial charges65€4k€4k▲
Profit (loss) for the period before taxes9903€13k€18k▲
Income taxes67/77€4k€5k▲
Profit (loss) for the period9904€9k€12k▲
Profit (loss) for the period to be appropriated9905€9k€12k▲
Appropriation of the result
Profit (loss) to be appropriated9906€50k€54k▲
Profit (loss) brought forward from the previous period14P€41k€41k=
Transfer to equity691/2€9k€12k▲
To other reserves6921€9k€12k▲
The notes to these accounts (13 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
07-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 68 days late
2024
30-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 91 days late
2023
12-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 73 days late
2022
31-12
Financial
Weakest financial yearnet €2k ▼87%
Net result drops to €2k, the lowest in the series; recovery starts the following year.
20-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 81 days late
2021
31-12
Financial
Highest result since 2018net €14k ▲143%
Net result €14k, the highest in the series.
27-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 88 days late
2020
17-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 109 days late
2019
31-12
Financial
Equity above €100kEq €102k ▲12.7%
2 profitable years in a row build equity to €102k.
19-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 50 days late
2018
24-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 55 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
2016
20-09
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 51 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
7 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, Antwerpen · 1 establishment unit since 2008
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.
Robert Schumanlaan 212660 AntwerpenGround area
6,753 m²
Building footprint
205 m²
Volume, LiDAR
2,151 m³
Parcel 11019B0259/00Y003, Flanders · tallest building 11.6 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
BRECOBUILD
since 20082.169.801.017
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11019B0259/00Y003 | Flanders | 6,753 m² | 1 · 205 m² | 11.6 m · 4 fl. |
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.
Similar companies · same sector, comparable size
WD GRO
BE 0502.656.770
Gistel · Eq €144k
CREATERRE
BE 0748.511.683
Ledegem · Eq €144k
ENTREPRISES RINCHARD
BE 0439.546.194
Gembloux · Eq €144k
ROBERT MATHIJSSEN
BE 0463.882.902
Peer · Eq €145k
TERRASSEMENT QUONIOU
BE 0798.320.193
Erquelinnes · Eq €144k
Of 8,456 companies in sector 43120 we hold annual accounts for 3,233. 2,648 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded27-02-2008
Fiscal year end31-12
Activities, NACEBEL
43120Site preparation
43310Plastering work
43910Bricklaying and masonry work
43994Specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 17 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryPhone:0485/69.58.32