BREDE
ActiveSummary
BREDE has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €318k and a net result of €100k. Equity is growing by ~38.7% per year across the filed fiscal years. Its solvency ranks better than 34% of 18400 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.4% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability75=
Solvency41▼-1
Growth78=
Track record100
Bankruptcy probability, 12 months
1.4%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €17k at 30 days acceptable
Liquidity short (current ratio 0.39 against 1.44 in 2024; short-term debt: 27.5% and cash: 2.2% of total assets), and 84.1% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
15.9%
Return on assets
5%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-03-2026, 123 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
123 d early
2024
70 d early
2023
28 d early
2022
12 d early
2021
17 d early
2020
23 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
26-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit simulator What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed Roughly what is this company worth?Value indication
Financials · fiscal year 2025, micro schema
Equity
€318k▲ 14.4%
2024 · €278k
Total assets
€2.00M▲ 21.7%
2024 · €1.64M
Net result
€100k▲ 23.1%
2024 · €82k
Working capital
€-334k
2024 · €67k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€61k▲ 278%€31k▼ 49.2%€95k▲ 207%€140k▲ 47.0%€157k▲ 12.5%
Net result€52k▲ 291%€16k▼ 69.1%€65k▲ 305%€82k▲ 25.3%€100k▲ 23.1%
Equity€93k▲ 189%€116k▲ 25.6%€197k▲ 69.1%€278k▲ 41.5%€318k▲ 14.4%
Total assets€599k▲ 132%€1.18M▲ 97.2%€1.19M▲ 1.1%€1.64M▲ 37.8%€2.00M▲ 21.7%
Debt€506k▲ 124%€1.06M▲ 110%€997k▼ 6.3%€1.37M▲ 37.1%€1.68M▲ 23.2%
Working capital€112k▲ 362%€95k▼ 15.4%€138k▲ 45.7%€67k▼ 51.5%€-334k
Staff (FTE)0.70.1▼ 85.7%0.2▲ 100%
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 three years in a row; 2025 is 13% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.00M
Fixed assets
€1.79M ▲ 25.2%
Current assets
€215k ▼ 1.5%
Equity and liabilities €2.00M
Equity
€318k ▲ 14.4%
Debt
€1.68M ▲ 23.2%
Debt's share of the balance-sheet total rises from 83.1% to 84.1%. Equity and debt are higher.
Key figures and ratios
EBITDA
€234k▲
2024 · €193k
Cash flow
€177k▲
2024 · €135k
Current ratio
0.39▼
2024 · 1.44
Debt to equity
5.29▲
2024 · 4.91
ROE
31.6%▲
2024 · 29.3%
ROA
5.0%▲
2024 · 5.0%
Interest coverage
8.21▼
2024 · 9.64
Debt ≤ 1 year
€550k▲
2024 · €152k
Debt > 1 year
€1.12M▼
2024 · €1.21M
Income taxes
€36k▼
2024 · €38k
Staff costs
€96▼
2024 · €645
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €3k | - | - | - |
| Remuneration, social security and pensions62 | €20k | €3k | €6k | €645 | €96 | ▼ 85.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €9k | €38k | €44k | €53k | €77k | ▲ 43.8% |
| Other operating charges640/8 | €241 | €48k | €2k | €54k | €7k | ▼ 87.4% |
| Gross operating margin9900 | €90k | €120k | €148k | €248k | €241k | ▼ 2.9% |
| Operating profit (loss)9901 | €61k | €31k | €95k | €140k | €157k | ▲ 12.5% |
| Financial income75/76B | - | €2 | €35 | - | €8k | - |
| Recurring financial income75 | - | €2 | €35 | - | €8k | - |
| Financial charges65/66B | €4k | €13k | €19k | €20k | €28k | ▲ 42.2% |
| Recurring financial charges65 | €4k | €13k | €19k | €20k | €28k | ▲ 42.2% |
| Profit (loss) for the period before taxes9903 | €57k | €17k | €76k | €120k | €136k | ▲ 14.1% |
| Income taxes67/77 | €5k | €1k | €11k | €38k | €36k | ▼ 5.3% |
| Profit (loss) for the period9904 | €52k | €16k | €65k | €82k | €100k | ▲ 23.1% |
| Profit (loss) for the period to be appropriated9905 | €52k | €16k | €65k | €82k | €100k | ▲ 23.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €599k | €1.18M | €1.19M | €1.64M | €2.00M | ▲ 21.7% |
| Formation expenses20 | €290 | - | - | - | - | - |
| Fixed assets21/28 | €381k | €960k | €947k | €1.43M | €1.79M | ▲ 25.2% |
| Intangible fixed assets21 | €2k | €227 | - | - | - | - |
| Tangible fixed assets22/27 | €380k | €959k | €947k | €1.43M | €1.79M | ▲ 25.2% |
| Land and buildings22 | €331k | €782k | €791k | €1.16M | €1.57M | ▲ 35.5% |
| Plant, machinery and equipment23 | €31k | €130k | €120k | €162k | €138k | ▼ 14.8% |
| Furniture and vehicles24 | €17k | €46k | €34k | €103k | €75k | ▼ 26.8% |
| Other tangible fixed assets26 | €1k | €2k | €174 | €956 | €509 | ▼ 46.8% |
| Current assets29/58 | €217k | €221k | €247k | €219k | €215k | ▼ 1.5% |
| Stocks and contracts in progress3 | €60k | - | - | - | - | - |
| Stocks30/36 | €60k | - | - | - | - | - |
| Amounts receivable within one year40/41 | €90k | €111k | €140k | €207k | €163k | ▼ 21.5% |
| Trade receivables40 | €86k | €35k | €54k | €119k | €91k | ▼ 23.8% |
| Other amounts receivable41 | €4k | €76k | €86k | €88k | €72k | ▼ 18.4% |
| Cash at bank and in hand54/58 | €64k | €107k | €102k | €5k | €44k | ▲ 748% |
| Deferred charges and accrued income490/1 | €3k | €3k | €4k | €6k | €9k | ▲ 40.3% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €599k | €1.18M | €1.19M | €1.64M | €2.00M | ▲ 21.7% |
| Equity10/15 | €93k | €116k | €197k | €278k | €318k | ▲ 14.4% |
| Contributions10/11 | €30k | €40k | €60k | €60k | €60k | = |
| Reserves13 | €63k | €76k | €137k | €218k | €258k | ▲ 18.4% |
| Distributable reserves133 | €63k | €76k | €137k | €218k | €258k | ▲ 18.4% |
| Amounts payable17/49 | €506k | €1.06M | €997k | €1.37M | €1.68M | ▲ 23.2% |
| Amounts payable after more than one year17 | €401k | €938k | €883k | €1.21M | €1.12M | ▼ 7.1% |
| Financial debts170/4 | €401k | €938k | €883k | €1.21M | €1.12M | ▼ 7.1% |
| Amounts payable within one year42/48 | €105k | €126k | €109k | €152k | €550k | ▲ 263% |
| Current portion of amounts payable after more than one year42 | €23k | €55k | €55k | €130k | €86k | ▼ 33.7% |
| Trade debts44 | €8k | €4k | €677 | €1k | €399k | ▲ 29,224% |
| Suppliers440/4 | €8k | €4k | €677 | €1k | €399k | ▲ 29,224% |
| Advances received on contracts in progress46 | €653 | - | - | - | - | - |
| Taxes, remuneration and social security45 | €11k | €4k | €5k | - | €7k | - |
| Taxes450/3 | €6k | €4k | €5k | - | €7k | - |
| Remuneration and social security454/9 | €5k | - | - | - | - | - |
| Other amounts payable47/48 | €63k | €64k | €47k | €21k | €58k | ▲ 181% |
| Accrued charges and deferred income492/3 | €263 | €287 | €5k | €5k | €9k | ▲ 84.6% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €52k | €16k | €65k | €82k | €100k | ▲ 23.1% |
| + Depreciation and write-downs630 | €9k | €38k | €44k | €53k | €77k | ▲ 43.8% |
| Operating cash flow (approximation) | €61k | €54k | €109k | €135k | €177k | ▲ 31.3% |
| Investment in fixed assets (approximation) | - | €-616k | €-31k | €-532k | €-436k | ▲ 18.0% |
| Change in cash | - | €43k | €-5k | €-97k | €39k | ▲ 140% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
30-03
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2020net €100k ▲23.1%
Operating result €157k, net result €100k, both a record.
22-05
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Equity above €200kEq €278k ▲41.5%
5 profitable years in a row build equity to €278k.
03-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Equity above €150kEq €197k ▲69.1%
4 profitable years in a row build equity to €197k.
19-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Equity above €100kEq €116k ▲25.6%
3 profitable years in a row build equity to €116k.
14-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
08-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Torhout · 1 establishment unit since 2019
Ground area
1,003 m²
Building footprint
85 m²
Volume, LiDAR
515 m³
Parcel 31523E0074/00A007, Flanders · tallest building 9.9 m, ±2 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
BREDE
since 20192.295.945.854
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31523E0074/00A007 | Flanders | 1,003 m² | 1 · 85 m² | 9.9 m · 2 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.
Recognitions · licences · registrations
Legal Entity Identifier
6488J9L3VC23290INZ33
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Of 4,238 companies in sector 47789 we hold annual accounts for 1,019. 734 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
Founded12-11-2019
Fiscal year end31-12
Activities, NACEBEL 2025
47789Other retail sale of new goods
32300Other manufacturing
47120Other non-specialised retail sale
Contact
Website
www.klimber.be
E-mail
wouter@klimber.be
Scores and ratios are computed by Checked and are not a credit decision.