BREGO TRUST
ActiveBREGO TRUST has been active since 1995 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €88k and a net result of €-6k. Equity is growing by ~24.1% per year across the filed fiscal years. Its solvency ranks better than 64% of 1287 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
59
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability64▼-7
Solvency61▼-13
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity short (current ratio 0.98 against 1.85 in 2024; short-term debt: 29.9% and cash: 0.8% of total assets), and 63.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven 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
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
36.5%
Return on assets
-2.7%
Age of the figures
9 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 55
Relative position
BE, all sectors
reference
Sector 55
higher
← fewer bankruptcies
more bankruptcies →
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 06-07-2026, 25 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
25 d early
2024
30 d early
2023
51 d early
2022
56 d early
2021
54 d early
2020
6 d late
2019
29 d early
← before the deadline
after the deadline →
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
16-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€88k▼ 40.4%
2024 · €148k
2018: €29k
2019: €35k
2020: €47k
2021: €82k
2022: €106k
2023: €142k
2024: €148k
2018 → 2025
Total assets
€242k▼ 19.1%
2024 · €299k
2018: €58k
2019: €60k
2020: €87k
2021: €243k
2022: €259k
2023: €312k
2024: €299k
2018 → 2025
Net result
€-6k
2024 · €6k
2018: €938
2019: €6k
2020: €12k
2021: €36k
2022: €23k
2023: €37k
2024: €6k
2018 → 2025
Working capital
€-1k
2024 · €53k
2018: €24k
2019: €33k
2020: €40k
2021: €17k
2022: €33k
2023: €64k
2024: €53k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€82k-€106k▲ 28.1%€142k▲ 34.7%€148k▲ 4.1%€88k▼ 40.4%
Operating result€55k-€42k▼ 23.0%€63k▲ 50.4%€15k▼ 76.8%€5k▼ 68.3%
Net result€36k-€23k▼ 34.8%€37k▲ 58.2%€6k▼ 84.1%€-6k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 68% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €242k
Fixed assets
€171k▼ 7.0%
Current assets
€71k▼ 38.3%
Equity and liabilities €242k
Equity
€88k▼ 40.4%
Debt
€154k▲ 1.8%
The debt ratio rises from 50.5% to 63.5%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€25k▼
2024 · €30k
Cash flow
€14k▼
2024 · €21k
Solvency
36.5%▼
2024 · 49.5%
Current ratio
0.98▼
2024 · 1.85
Quick ratio
0.98▼
2024 · 1.85
Debt / equity
1.74▲
2024 · 1.02
ROE
-7.3%▼
2024 · 3.9%
ROA
-2.7%▼
2024 · 1.9%
Interest coverage
5.77▼
2024 · 6.36
Debt
€154k▲
2024 · €151k
Debt ≤ 1 year
€73k▲
2024 · €62k
Debt > 1 year
€81k▼
2024 · €89k
Income taxes
€8k▼
2024 · €8k
Staff costs
€131k▲
2024 · €99k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€299k€242k▼
Fixed assets21/28€184k€171k▼
Intangible fixed assets21€2k€2k▼
Tangible fixed assets22/27€180k€168k▼
Land and buildings22€148k€141k▼
Plant, machinery and equipment23€3k€2k▼
Furniture and vehicles24€28k€23k▼
Other tangible fixed assets26€2k€2k=
Financial fixed assets28€1k€1k=
Current assets29/58€115k€71k▼
Amounts receivable within one year40/41€88k€62k▼
Trade receivables40€9k€14k▲
Other amounts receivable41€79k€47k▼
Cash at bank and in hand54/58€22k€2k▼
Deferred charges and accrued income490/1€6k€8k▲
Equity and liabilities
Total equity and liabilities10/49€299k€242k▼
Equity10/15€148k€88k▼
Contributions10/11€25k€25k=
Reserves13€123k€66k▼
Distributable reserves133€123k€66k▼
Profit (loss) carried forward14-€-2k
Amounts payable17/49€151k€154k▲
Amounts payable after more than one year17€89k€81k▼
Financial debts170/4€89k€81k▼
Amounts payable within one year42/48€62k€73k▲
Current portion of amounts payable after more than one year42€7k€8k▲
Financial debts43€0€3k▲
Credit institutions430/8€0€3k▲
Trade debts44€18k€27k▲
Suppliers440/4€18k€27k▲
Taxes, remuneration and social security45€37k€35k▼
Taxes450/3€22k€14k▼
Remuneration and social security454/9€15k€20k▲
Income statement
Code20242025
Non-recurring operating income76A€0€14k▲
Remuneration, social security and pensions62€99k€131k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€15k€20k▲
Other operating charges640/8€6k€4k▼
Non-recurring operating charges66A€164€0▼
Gross operating margin9900€135k€159k▲
Operating profit (loss)9901€15k€5k▼
Financial income75/76B€4k€756▼
Recurring financial income75€4k€756▼
Financial charges65/66B€5k€4k▼
Recurring financial charges65€5k€4k▼
Profit (loss) for the period before taxes9903€14k€1k▼
Income taxes67/77€8k€8k▼
Profit (loss) for the period9904€6k€-6k▼
Profit (loss) for the period to be appropriated9905€6k€-6k▼
Appropriation of the result
Profit (loss) to be appropriated9906€6k€-6k▼
Transfer from equity791/2-€58k
Transfer to equity691/2€6k€0▼
To other reserves6921€6k€0▼
Profit to be distributed694/7-€53k
Return on contributions (dividend)694-€53k
The notes to these accounts (16 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
06-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Weakest financial yearnet €-6k ▼210%
Net result drops to €-6k, the lowest in the series.
01-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
10-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Highest result since 2018net €37k ▲58.2%
Operating result €63k, net result €37k, both a record.
05-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Equity above €100kEq €106k ▲28.1%
5 profitable years in a row build equity to €106k.
07-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
06-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 6 days late
2020
02-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
08-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
29-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
26-06
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.
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, Turnhout · 3 establishment units since 1995
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.
Rubensstraat 1412300 TurnhoutGround area
7,380 m²
Building footprint
889 m²
Volume, LiDAR
7,727 m³
3 parcels, Flanders · tallest building 15.6 m, ±4 floors. Linked by address, not a title deed.
3 establishment units
BREGO TRUST
since 19952.070.340.878
Rubensstraat 141, 2300 Turnhout
since 20212.323.300.646
Gelmelstraat 50, 2320 Hoogstraten
since 20262.390.953.097
3 parcels
Flanders
3
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13453O0711/00E000 | Flanders | 6,783 m² | 1 · 648 m² | 15.6 m · 4 fl. |
| 13453O0734/00S002 | Flanders | 478 m² | 1 · 122 m² | - |
| 13014C0140/00P000 | Flanders | 119 m² | 1 · 119 m² | 10.0 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 2
3 of 3 parcels 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
BAMBOO INN
BE 0865.675.114
Blankenberge · Eq €88k
LE REPOS DU MOINEAU
BE 1017.906.716
Tenneville · Eq €88k
Hotel Development City Center
BE 0657.886.365
Gent · Eq €88k
HOTEL ACCES
BE 0441.934.869
Oostende · Eq €89k
BAPO
BE 0425.133.776
Keerbergen · Eq €88k
Of 2,395 companies in sector 55100 we hold annual accounts for 1,516. 1,024 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded01-02-1995
Fiscal year end31-12
Activities, NACEBEL
55100Hotels and similar accommodation
55101Hotels
68310Real estate agency activities
68311Real estate activities
68203Renting and operating of own or leased non-residential real estate, excluding land
68312Real estate activities
68321Property management for co-owned buildings (syndics)
68322Real estate appraisal on a fee or contract basis
Sources
Crossroads Bank for EnterprisesNational Bank · 31 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.