BREEVAR
ActiveSummary
BREEVAR has been active since 2000 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €471k and a net result of €164k. Equity is growing by ~16.6% per year across the filed fiscal years. Its solvency ranks better than 93% of 3136 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100▲+3
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €45k at 30 days acceptable
Liquidity ample (current ratio 9.78 against 5.65 in 2024; short-term debt: 10.2% and cash: 69.8% of total assets), and 10.2% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 01
Relative position
BE, all sectors
reference
Crop and animal production, hunting and related service activities (NACE 01)
about 70% fewer bankruptcies
← 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
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
89.8%
Return on assets
31.3%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 22-09-2026, 53 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
53 d late
2024
on the day
2023
61 d late
2022
3 d early
2021
145 d late
2020
61 d late
2019
143 d late
← 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
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€360k
EBIT margin
-27.5%
Net result
€164k▲ 18.0%
2024 · €139k
Working capital
€470k▼ 1.5%
2024 · €477k
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
Turnover€360k
Operating result€-99k€9k€185k▲ 1,922%€190k▲ 2.9%€241k▲ 26.9%
Net result€-94k€-12k▲ 87.6%€153k€139k▼ 9.3%€164k▲ 18.0%
EBIT margin-27.5%
Equity€197k▼ 32.2%€186k▼ 5.9%€339k▲ 82.4%€478k▲ 41.0%€471k▼ 1.5%
Total assets€250k▼ 30.4%€218k▼ 12.8%€414k▲ 90.0%€580k▲ 40.3%€524k▼ 9.7%
Debt€52k▼ 22.7%€32k▼ 38.8%€75k▲ 134%€103k▲ 37.1%€54k▼ 47.8%
Working capital€197k▼ 32.2%€185k▼ 5.9%€338k▲ 82.6%€477k▲ 41.0%€470k▼ 1.5%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2025 is 27% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €524k
Fixed assets
€372 =
Current assets
€524k ▼ 9.7%
Equity and liabilities €524k
Equity
€471k ▼ 1.5%
Debt
€54k ▼ 47.8%
Debt's share of the balance-sheet total falls from 17.7% to 10.2%. Equity and debt are lower.
Key figures and ratios
Current ratio
9.78▲
2024 · 5.65
Quick ratio
7.97▲
2024 · 5.04
Debt to equity
0.11▼
2024 · 0.21
ROE
34.8%▲
2024 · 29.1%
ROA
31.3%▲
2024 · 23.9%
Debt ≤ 1 year
€54k▼
2024 · €103k
Income taxes
€78k▲
2024 · €63k
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 |
|---|---|---|---|---|---|---|
| Turnover70 | €360k | - | - | - | - | - |
| Goods, raw materials, services and sundry goods60/61 | €458k | - | - | - | - | - |
| Other operating charges640/8 | €673 | €500 | €844 | €739 | €635 | ▼ 14.0% |
| Gross operating margin9900 | €-98k | €10k | €186k | €191k | €242k | ▲ 26.7% |
| Operating profit (loss)9901 | €-99k | €9k | €185k | €190k | €241k | ▲ 26.9% |
| Financial income75/76B | €6k | - | €0 | €0 | €0 | ▼ 73.7% |
| Recurring financial income75 | €6k | - | €0 | €0 | €0 | ▼ 73.7% |
| Financial charges65/66B | €400 | €21k | €335 | €-12k | €-672 | ▲ 94.2% |
| Recurring financial charges65 | €400 | €21k | €335 | €-12k | €-672 | ▲ 94.2% |
| Profit (loss) for the period before taxes9903 | €-94k | €-12k | €184k | €202k | €242k | ▲ 20.0% |
| Income taxes67/77 | - | - | €31k | €63k | €78k | ▲ 24.2% |
| Profit (loss) for the period9904 | €-94k | €-12k | €153k | €139k | €164k | ▲ 18.0% |
| Profit (loss) for the period to be appropriated9905 | €-94k | €-12k | €153k | €139k | €164k | ▲ 18.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €250k | €218k | €414k | €580k | €524k | ▼ 9.7% |
| Fixed assets21/28 | €372 | €372 | €372 | €372 | €372 | = |
| Financial fixed assets28 | €372 | €372 | €372 | €372 | €372 | = |
| Current assets29/58 | €249k | €217k | €413k | €580k | €524k | ▼ 9.7% |
| Stocks and contracts in progress3 | €67k | €95k | €84k | €63k | €97k | ▲ 53.3% |
| Stocks30/36 | €67k | €95k | €84k | €63k | €97k | ▲ 53.3% |
| Amounts receivable within one year40/41 | €5k | €3k | €26k | €395 | €0 | ▼ 100% |
| Trade receivables40 | - | - | €26k | €0 | - | - |
| Other amounts receivable41 | €5k | €3k | €0 | €395 | €0 | ▼ 100% |
| Current investments50/53 | €96k | €48k | €48k | €59k | €61k | ▲ 1.9% |
| Cash at bank and in hand54/58 | €81k | €71k | €255k | €457k | €366k | ▼ 19.8% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €250k | €218k | €414k | €580k | €524k | ▼ 9.7% |
| Equity10/15 | €197k | €186k | €339k | €478k | €471k | ▼ 1.5% |
| Contributions10/11 | €12k | €12k | €12k | €12k | €12k | = |
| Reserves13 | €279k | €279k | €326k | €465k | €458k | ▼ 1.5% |
| Non-distributable reserves130/1 | €2k | €2k | €2k | €2k | €2k | = |
| Reserves not available under the articles1311 | €2k | €2k | €2k | €2k | €2k | = |
| Distributable reserves133 | €277k | €277k | €325k | €463k | €456k | ▼ 1.5% |
| Profit (loss) carried forward14 | €-94k | €-105k | €0 | - | €0 | - |
| Amounts payable17/49 | €52k | €32k | €75k | €103k | €54k | ▼ 47.8% |
| Amounts payable within one year42/48 | €52k | €32k | €75k | €103k | €54k | ▼ 47.8% |
| Trade debts44 | €27k | €32k | €22k | €43k | €11k | ▼ 75.0% |
| Suppliers440/4 | €27k | €32k | €22k | €43k | €11k | ▼ 75.0% |
| Taxes, remuneration and social security45 | €25k | - | €37k | €44k | €43k | ▼ 2.5% |
| Taxes450/3 | €25k | - | €37k | €44k | €43k | ▼ 2.5% |
| Other amounts payable47/48 | - | - | €16k | €16k | €0 | ▼ 100% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-94k | €-12k | €153k | €139k | €164k | ▲ 18.0% |
| Operating cash flow (approximation) | €-94k | €-12k | €153k | €139k | €164k | ▲ 18.0% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | - |
| Change in cash | - | €-10k | €184k | €202k | €-91k | ▼ 145% |
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
22-09
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 53 days late
2025
31-12
Financial
Highest result since 2018net €164k ▲18%
Operating result €241k, net result €164k, both a record.
31-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 61 days late
2023
31-12
Financial
Back to profitnet €153k
Net result €153k after 2 loss-making years.
31-12
Financial
Equity above €200kEq €339k ▲82.4%
Equity rises from €186k to €339k.
28-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
23-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 145 days late
2021
31-12
Financial
Weakest financial yearnet €-94k
Net result drops to €-94k, the lowest in the series; recovery starts the following year.
30-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 61 days late
2020
21-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 143 days late
2019
31-12
Financial
Back to profitnet €62k
Net result €62k after one loss-making year.
Show earlier events
31-12
Financial
Equity above €200kEq €241k ▲34.3%
Equity rises from €180k to €241k.
28-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 28 days late
2018
13-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
02-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 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
3 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, Rijkevorsel · 1 establishment unit since 2000
Ground area
2,596 m²
Building footprint
604 m²
Volume, LiDAR
3,373 m³
Parcel 13502C0281/00C004, Flanders · tallest building 8.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Bolksedijk 20, 2310 Rijkevorsel
since 20002.099.946.961
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13502C0281/00C004 | Flanders | 2,596 m² | 1 · 604 m² | 8.5 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
Food safety, FASFC
1 siteRijkevorsel2.099.946.961
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Of 903 companies in sector 01461 we hold annual accounts for 295. 251 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 (pre-2019)
Founded28-09-2000
Fiscal year end31-12
Activities, NACEBEL 2025
01461Pig breeding farms
01110Growing of cereals (except rice), leguminous crops and oil seeds
46231Wholesale of live animals
Scores and ratios are computed by Checked and are not a credit decision.