BRECOM
BRECOM is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €1.42M and a net result of €224k. Equity is growing by ~15.7% per year across the filed fiscal years. Its solvency ranks better than 62% of 5394 sector peers (fiscal year 2025). The company has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €1.42M |
| Net result | €224k |
| Better than sector | 62% |
| Active | 11 yrs |
Strong profile, led by stability.
Computed on 4 of 5 axes. Not measured: health. An unmeasured axis is not a zero: no data was read for it.
This is a financial institution (bank, insurer or financial holding). Our bankruptcy model is trained on ordinary trading and manufacturing companies; a bank balance sheet falls outside that scope. We therefore show no bankruptcy probability rather than a misleading figure.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 64.1% | 51.9% | |
| Net result | €224k | €53k | |
| Equity | €1.42M | €623k | |
| Gross operating margin | €312k | €87k | |
| Total assets | €2.21M | €1.55M |
Figures by fiscal year and ratios
| Fiscal year | 2025 Δ | 2024 Δ | 2023 Δ | 2022 Δ | 2021 Δ |
|---|---|---|---|---|---|
| Deposit | abbreviated schema | abbreviated schema | micro schema | micro schema | micro schema |
| Revenue | n/a | n/a | n/a | n/a | n/a |
| EBITDA | n/a | n/a | n/a | n/a | n/a |
| Net profit | +29.5% | +40.2% | +5.6% | -12.8% | - |
| Cash flow | n/a | n/a | n/a | n/a | n/a |
| Staff costs | - | - | - | - | - |
| Income taxes | +27.0% | +49.3% | -6.3% | -14.2% | - |
| Dividends | - | - | - | - | - |
| Total assets | +4.4% | +0.2% | -0.1% | +64.0% | - |
| Equity | +18.7% | +16.9% | +13.7% | +14.9% | - |
| Debt | -14.1% | -15.5% | -10.3% | +139.3% | - |
| of which ≤ 1y | +6.7% | -1.6% | +19.7% | +17.3% | - |
| of which > 1y | -27.0% | -22.5% | -20.2% | +262.2% | - |
| Working capital | n/a | n/a | n/a | n/a | n/a |
| Employees (FTE) | - | - | - | - | - |
| 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
| Current ratio | n/a | n/a | n/a | n/a | n/a |
| Quick ratio | n/a | n/a | n/a | n/a | n/a |
| Working capital ratio | n/a | n/a | n/a | n/a | n/a |
| Solvency | 64.1% | 56.4% | 48.3% | 42.5% | 60.6% |
| Debt / equity | n/a | n/a | n/a | n/a | n/a |
| Long-term debt ratio | n/a | n/a | n/a | n/a | n/a |
| Interest coverage | n/a | n/a | n/a | n/a | n/a |
| Gross margin | n/a | n/a | n/a | n/a | n/a |
| Net margin | n/a | n/a | n/a | n/a | n/a |
| ROA | 10.1% | 8.2% | 5.8% | 5.5% | 10.4% |
| ROE | 15.8% | 14.5% | 12.1% | 13.0% | 17.1% |
| EBITDA margin | n/a | n/a | n/a | n/a | n/a |
| Days sales outstanding | n/a | n/a | n/a | n/a | n/a |
| Days payable outstanding | n/a | n/a | n/a | n/a | n/a |
| Inventory turnover | n/a | n/a | n/a | n/a | n/a |
| Days inventory (DSI) | n/a | n/a | n/a | n/a | n/a |
Full annual accounts (24 line items)
| Line item | Code | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| Balance sheet, Assets | ||||||
| TOTAL ASSETS | 20/58 | €2.21M | €2.11M | €2.11M | €2.11M | €1.29M |
| Fixed assets | 21/28 | €2.11M | €2.11M | €2.11M | €2.11M | €1.25M |
| Tangible fixed assets | 22/27 | €0 | €2k | €2k | €2k | - |
| Financial fixed assets | 28 | €2.11M | €2.11M | €2.11M | €2.11M | €1.25M |
| Current assets | 29/58 | €102k | €7k | €3k | €6k | €39k |
| Amounts receivable within one year | 40/41 | €98k | €4k | €0 | €1k | €34k |
| Cash & bank | 54/58 | €2k | €4k | €2k | €3k | €3k |
| Balance sheet, Equity & liabilities | ||||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €2.21M | €2.11M | €2.11M | €2.11M | €1.29M |
| Equity | 10/15 | €1.42M | €1.19M | €1.02M | €897k | €781k |
| Contributions / capital | 10/11 | €50k | €50k | €50k | €50k | €50k |
| Reserves | 13 | €1.37M | €1.14M | €970k | €847k | €731k |
| Accumulated profits (losses) | 14 | €0 | - | - | - | - |
| Amounts payable | 17/49 | €791k | €921k | €1.09M | €1.22M | €508k |
| Amounts payable after one year | 17 | €414k | €567k | €732k | €917k | €253k |
| Amounts payable within one year | 42/48 | €374k | €351k | €356k | €298k | €254k |
| Trade debts payable within one year | 44 | €29k | €4k | €2k | €4k | €32k |
| Income statement | ||||||
| Gross operating margin | 9900 | €312k | €248k | €182k | €173k | €187k |
| Operating result | 9901 | €309k | €246k | €180k | €172k | €186k |
| Financial income | 75 | €0 | €0 | €0 | €0 | €0 |
| Financial charges | 65 | €17k | €20k | €21k | €17k | €7k |
| Result before taxes | 9903 | €292k | €227k | €159k | €155k | €179k |
| Income taxes | 67/77 | €69k | €54k | €36k | €39k | €45k |
| Net result for the period | 9904 | €224k | €173k | €123k | €117k | €134k |
| Result to be appropriated | 9905 | €224k | €173k | €123k | €117k | €134k |
| NACE primary | Activities of holding companies(64210) |
| Legal form | Private limited company(610) |
| Incorporation | 03-07-2015 |
| Status | Active |
| Postal code | 3500 |
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71324E0479/00W002 | Flanders | 4,866 m² | 1 · 294 m² | 5.5 m |
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
11-04-2025 Registered office moved within Hasselt
- Charles Darwinstraat 3 bus 102, 3500 Hasselt → Charles Darwinstraat 3 bus 2.01, 3500 Hasselt
Technical details
{
"events": [
{
"kind": "zetel_clause_amendment_no_move",
"seat_type": "siege_administratif",
"new_address": {
"raw": "Charles Darwinstraat 3 bus 2.01, 3500 Hasselt",
"city": "Hasselt",
"region": "vlaams_gewest",
"street": "Charles Darwinstraat",
"country": "BE",
"postcode": "3500",
"box_number": "2.01",
"street_number": "3",
"locality_suffix": null
},
"old_address": {
"raw": "Charles Darwinstraat 3 bus 102, 3500 Hasselt",
"city": "Hasselt",
"region": "vlaams_gewest",
"street": "Charles Darwinstraat",
"country": "BE",
"postcode": "3500",
"box_number": "102",
"street_number": "3",
"locality_suffix": null
},
"effective_date": null,
"evidence_quote": "",
"region_changed": false,
"is_statute_change": true,
"nationality_change": false,
"old_address_source": "header_volledig_adres",
"statute_clause_text": null,
"statute_article_number": null,
"effective_date_qualifier": "not_specified",
"statutaire_vs_werkelijke": "statutaire",
"linguistic_region_changed": false,
"court_jurisdiction_changed": false,
"effective_date_is_approximate": false
}
],
"notary": {
"name": null,
"firm_city": null,
"firm_name": null,
"office_city": null,
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": "2025-04-11",
"filing_date": "2025-04-03",
"act_kind_objet": "Onderwerp akte:"
},
"decision": {
"body": "raad_van_bestuur",
"date": "2024-09-20",
"unanimous": true
},
"subject_company": {
"kbo": "0633.501.654",
"name_full": "Brecom",
"legal_form": "BV"
},
"publication_proxy": {
"kind": "org",
"org_kbo": "0455.929.494",
"org_name": "QPS Accountants BV",
"person_name": null,
"org_rep_person_name": "Jos Martens",
"person_role_at_subject": null
},
"co_filed_documents": [
"Mod PDF 19.01"
]
}27-08-2024 Registered office moved within Hasselt
- Oude Truierbaan 95, 3500 Hasselt → Charles Darwinstraat 3 bus 102, 3500 Hasselt
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "siege_social",
"new_address": {
"raw": "Charles Darwinstraat 3 bus 102, 3500 Hasselt",
"city": "Hasselt",
"region": "vlaams_gewest",
"street": "Charles Darwinstraat",
"country": "BE",
"postcode": "3500",
"box_number": "102",
"street_number": "3",
"locality_suffix": null
},
"old_address": {
"raw": "Oude Truierbaan 95, 3500 Hasselt",
"city": "Hasselt",
"region": "vlaams_gewest",
"street": "Oude Truierbaan",
"country": "BE",
"postcode": "3500",
"box_number": null,
"street_number": "95",
"locality_suffix": null
},
"effective_date": "2024-08-03",
"evidence_quote": "",
"region_changed": false,
"is_statute_change": true,
"nationality_change": false,
"old_address_source": "header_volledig_adres",
"statute_clause_text": null,
"statute_article_number": null,
"effective_date_qualifier": "absolute",
"statutaire_vs_werkelijke": "statutaire",
"linguistic_region_changed": false,
"court_jurisdiction_changed": false,
"effective_date_is_approximate": false
}
],
"notary": {
"name": null,
"firm_city": null,
"firm_name": null,
"office_city": "Antwerpen",
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": "2024-08-27",
"filing_date": "2024-08-14",
"act_kind_objet": "Zetelverplaatsing"
},
"decision": {
"body": "raad_van_bestuur",
"date": "2024-07-29",
"unanimous": true
},
"subject_company": {
"kbo": "0633.501.654",
"name_full": "BRECOM",
"legal_form": "BV",
"_kbo_filled_from_list": true
},
"publication_proxy": {
"kind": "org",
"org_kbo": null,
"org_name": "QPS Accountants BV",
"person_name": null,
"org_rep_person_name": "Jos Martens",
"person_role_at_subject": null
},
"co_filed_documents": [
"besluitvorming van het bestuursorgaan d.d. 29/07/2024"
]
}| Legal nameNL | BRECOM |