BREETON
ActiveSummary
BREETON has been active since 1999 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €168,060 and a net result of -€16,744. Equity remains stable across the filed fiscal years (±1.6% per year). Its solvency ranks better than 9% of 287 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability68▼-4
Solvency34▼-58
Growth32=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €9,000 at 30 days acceptable
Liquidity tight (current ratio 1.2 against 7.0 in 2024; short-term debt: 40.2% and cash: 3.5% of total assets), and 90.6% of the assets are financed with debt.
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 23
Relative position
BE, all sectors
reference
Manufacture of other non-metallic mineral products (NACE 23)
about 17% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 9% of 287 sector peers (2025).
NBB · sector comparisonPosition among 287 sector peers
Solvency
better than 9%
← weakest
strongest →
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 20-07-2026, 11 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
11 d early
2024
13 d early
2023
19 d early
2022
24 d early
2021
32 d early
2020
24 d early
2019
14 d early
← 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 20 days before the deadline; the sector median for financial year 2024 is 11 days before the deadline, and 34% of the sector filed late.
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. Usually files around 13 July (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, full schema
Turnover
€700,018
EBIT margin
14.6%
Net result
-€16,744
2024 · €6,870
Working capital
€145,191▼ 38.7%
2024 · €237,042
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 23, Manufacture of other non-metallic mineral products, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Turnover
Operating result-€6,692▲ 78.8%-€3,521▲ 47.4%-€490▲ 86.1%€4,153-€11,095
Net result-€4,838below the sector's middle half▲ 85.1%-€2,324below the sector's middle half▲ 52.0%€2,977below the sector's middle half€6,870within the sector's middle half▲ 131%-€16,744below the sector's middle half
EBIT margin
Equity€177,281below the sector's middle half▼ 2.7%€174,957below the sector's middle half▼ 1.3%€177,934below the sector's middle half▲ 1.7%€184,804below the sector's middle half▲ 3.9%€168,060below the sector's middle half▼ 9.1%
Total assets€235,028below the sector's middle half▼ 48.0%€190,491below the sector's middle half▼ 18.9%€217,666below the sector's middle half▲ 14.3%€276,535below the sector's middle half▲ 27.0%€1.8mwithin the sector's middle half▲ 547%
Debt€57,748▼ 78.6%€15,534▼ 73.1%€39,731▲ 156%€91,731▲ 131%€1.6m▲ 1,666%
Working capital€172,179within the sector's middle half▲ 32.6%€182,357within the sector's middle half▲ 5.9%€209,279within the sector's middle half▲ 14.8%€237,042within the sector's middle half▲ 13.3%€145,191within the sector's middle half▼ 38.7%
Solvency75.4%above the sector's middle half▲ 35.2pp91.8%above the sector's middle half▲ 16.4pp81.7%above the sector's middle half▼ 10.1pp66.8%within the sector's middle half▼ 14.9pp9.4%below the sector's middle half▼ 57.4pp
Current ratio4.36above the sector's middle half▲ 2.8233.97above the sector's middle half7.00above the sector's middle half▼ 26.961.20within the sector's middle half▼ 5.80
Return on assets (ROA)-2.1%below the sector's middle half▲ 5.1pp-1.2%below the sector's middle half▲ 0.8pp1.4%within the sector's middle half▲ 2.6pp2.5%within the sector's middle half▲ 1.1pp-0.9%below the sector's middle half▼ 3.4pp
Staff (FTE)0.1below the sector's middle half▼ 90.0%0below the sector's middle half4.1below the sector's middle half
above
within
below
the middle half (P25 to P75) of NACE 23, Manufacture of other non-metallic mineral products, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €11,095 after €4,153 in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.8m
Fixed assets
€923,400
Current assets
€864,448
Equity and liabilities €1.8m
Equity
€168,060 ▼ 9.1%
Debt
€1.6m ▲ 1,666%
Debt's share of the balance-sheet total rises from 33.2% to 90.6%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€165,505▲
2024 · €6,192
Cash flow
€159,855▲
2024 · €8,908
Quick ratio
1.14▼
2024 · 6.00
Debt to equity
9.64▲
2024 · 0.50
ROE
-10.0%▼
2024 · 3.7%
Interest coverage
13.00▲
2024 · 10.81
Debt ≤ 1 year
€719,257▲
2024 · €39,493
Debt > 1 year
€840,765
Staff costs
€291,134
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 974 companies that looked in July 2024 the way this one looks now, 2.3% went bankrupt within 24 months and 93% are still going.
- Micro
- 20 years or older
- solvency under 10%
- a small loss
2.3%
went bankrupt
4.5%
stopped otherwise
93%
still going
A further 0.5% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 0.4% 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 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.9% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
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 974 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
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | €14,400 | - | - | - | - | - |
| Remuneration, social security and pensions62 | €20,206 | - | - | - | €291,134 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €16,128 | €5,266 | €4,338 | €2,039 | €176,600 | ▲ 8,563% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | -€2,814 | -€313 | -€313 | -€12,573 | €6,115 | ▲ 149% |
| Other operating charges640/8 | €881 | €670 | €663 | €13,255 | €6,539 | ▼ 50.7% |
| Non-recurring operating charges66A | €163 | - | €63 | €0 | - | - |
| Gross operating margin9900 | €27,873 | €2,102 | €4,261 | €6,874 | €469,293 | ▲ 6,727% |
| Operating profit (loss)9901 | -€6,692 | -€3,521 | -€490 | €4,153 | -€11,095 | ▼ 367% |
| Financial income75/76B | €2,942 | €1,458 | €3,824 | €3,289 | €7,081 | ▲ 115% |
| Recurring financial income75 | €2,942 | €1,458 | €3,824 | €3,289 | €7,081 | ▲ 115% |
| Financial charges65/66B | €1,089 | €261 | €357 | €573 | €12,730 | ▲ 2,122% |
| Recurring financial charges65 | €1,089 | €261 | €357 | €573 | €12,730 | ▲ 2,122% |
| Profit (loss) for the period before taxes9903 | -€4,838 | -€2,324 | €2,977 | €6,870 | -€16,744 | ▼ 344% |
| Profit (loss) for the period9904 | -€4,838 | -€2,324 | €2,977 | €6,870 | -€16,744 | ▼ 344% |
| Profit (loss) for the period to be appropriated9905 | -€4,838 | -€2,324 | €2,977 | €6,870 | -€16,744 | ▼ 344% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €235,028 | €190,491 | €217,666 | €276,535 | €1.8m | ▲ 547% |
| Fixed assets21/28 | €11,643 | €6,377 | €2,039 | €0 | €923,400 | - |
| Intangible fixed assets21 | - | - | - | - | €479,443 | - |
| Tangible fixed assets22/27 | €11,643 | €6,377 | €2,039 | €0 | €443,958 | - |
| Plant, machinery and equipment23 | €11,643 | €6,377 | €2,039 | €0 | €211,793 | - |
| Furniture and vehicles24 | - | - | - | - | €232,165 | - |
| Current assets29/58 | €223,386 | €184,115 | €215,627 | €276,535 | €864,448 | ▲ 213% |
| Stocks and contracts in progress3 | €74,718 | €39,400 | €39,400 | €39,400 | €40,900 | ▲ 3.8% |
| Stocks30/36 | €74,718 | €39,400 | €39,400 | €39,400 | €40,900 | ▲ 3.8% |
| Amounts receivable within one year40/41 | €56,943 | €139,850 | €176,068 | €236,353 | €757,940 | ▲ 221% |
| Trade receivables40 | €19,310 | €34,485 | €63,164 | €139,898 | €364,354 | ▲ 160% |
| Other amounts receivable41 | €37,633 | €105,365 | €112,904 | €96,455 | €393,586 | ▲ 308% |
| Cash at bank and in hand54/58 | €91,272 | €4,729 | €159 | €746 | €63,307 | ▲ 8,381% |
| Deferred charges and accrued income490/1 | €454 | €136 | - | €35 | €2,302 | ▲ 6,494% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €235,028 | €190,491 | €217,666 | €276,535 | €1.8m | ▲ 547% |
| Equity10/15 | €177,281 | €174,957 | €177,934 | €184,804 | €168,060 | ▼ 9.1% |
| Contributions10/11 | €148,736 | €148,736 | €148,736 | €148,736 | €148,736 | = |
| Capital10 | €148,736 | €148,736 | €148,736 | €148,736 | €148,736 | = |
| Issued capital100 | €148,736 | €148,736 | €148,736 | €148,736 | €148,736 | = |
| Reserves13 | €14,874 | €14,874 | €14,874 | €14,874 | €14,874 | = |
| Non-distributable reserves130/1 | €14,874 | €14,874 | €14,874 | €14,874 | €14,874 | = |
| Legal reserve130 | €14,874 | €14,874 | €14,874 | €14,874 | €14,874 | = |
| Profit (loss) carried forward14 | €13,671 | €11,347 | €14,324 | €21,194 | €4,449 | ▼ 79.0% |
| Amounts payable17/49 | €57,748 | €15,534 | €39,731 | €91,731 | €1.6m | ▲ 1,666% |
| Amounts payable after more than one year17 | - | - | - | - | €840,765 | - |
| Financial debts170/4 | - | - | - | - | €840,765 | - |
| Amounts payable within one year42/48 | €51,207 | €1,758 | €6,348 | €39,493 | €719,257 | ▲ 1,721% |
| Current portion of amounts payable after more than one year42 | - | - | - | - | €216,245 | - |
| Trade debts44 | €51,207 | €1,758 | €6,348 | €39,493 | €469,156 | ▲ 1,088% |
| Suppliers440/4 | €51,207 | €1,758 | €6,348 | €39,493 | €469,156 | ▲ 1,088% |
| Taxes, remuneration and social security45 | - | - | - | - | €33,856 | - |
| Taxes450/3 | - | - | - | - | €15,748 | - |
| Remuneration and social security454/9 | - | - | - | - | €18,108 | - |
| Accrued charges and deferred income492/3 | €6,540 | €13,776 | €33,383 | €52,238 | €59,767 | ▲ 14.4% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€4,838 | -€2,324 | €2,977 | €6,870 | -€16,744 | ▼ 344% |
| + Depreciation and write-downs630 | €16,128 | €5,266 | €4,338 | €2,039 | €176,600 | ▲ 8,563% |
| Operating cash flow (approximation) | €11,290 | €2,942 | €7,315 | €8,908 | €159,855 | ▲ 1,694% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | -€1.1m | - |
| Change in cash | - | -€86,543 | -€4,570 | €587 | €62,560 | ▲ 10,559% |
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
20-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
18-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
12-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Back to profitnet €2,977
Net result €2,977 after 3 loss-making years.
07-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Liquidity times 24current ratio 104.71
Current ratio from 4.36 to 104.71; short-term debt falls from €51,207 to €1,758.
29-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Liquidity triplescurrent ratio 4.36
Current ratio from 1.54 to 4.36; short-term debt falls from €240,154 to €51,207.
07-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Weakest financial yearnet -€32,408
Net result drops to -€32,408, the lowest in the series; recovery starts the following year.
17-01
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
18-01
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
16-01
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2016
19-12
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 20 acts read
About the unread acts
We know of 20 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
20 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, Maldegem · 2 establishment units since 1999
Ground area
2.9 ha
Building footprint
6,768 m²
Volume, LiDAR
40,059 m³
3 parcels, Flanders · tallest building 9.7 m, ±3 floors. Linked by address, not a title deed.
5
companies at this address
See who is registered here
2 establishment units
Breeton
since 19992.092.056.507
Vermeersch Containers
since 20252.373.229.318
3 parcels
Flanders
3
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 43010C0312/00R000 | Flanders | 1.2 ha | 1 · 2,686 m² | 8.5 m · 2 fl. |
| 43010C0318/00D000 | Flanders | 9,829 m² | 1 · 3,185 m² | 9.7 m · 3 fl. |
| 31039F0126/00F000 | Flanders | 6,710 m² | 1 · 897 m² | 3.4 m |
Linked by address, not proof of ownership
Good to know
3 of 3 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Owners and holdings
1 ownerChain of control
Highest known parent: WYDOS. The sources do not say who stands above it.
Owners 1
- DE BREEparentSourceaccounts DE BREE 202599.67%
Holdings 0
No holding stated in the accounts, acts or LEI register we read.
According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
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Of 176 companies in sector 23630 we hold annual accounts for 148. 86 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded26-05-1999
Fiscal year end31-12
Activities, NACEBEL 2025
23630Manufacture of other non-metallic mineral products
38120Waste collection, recovery and disposal activities
23610Manufacture of other non-metallic mineral products
23660Manufacture of other non-metallic mineral products
E-invoicing
Reachable via Peppol
Peppol ID
0208:0466110041
Registered
01-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.