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BREMS-SERVICES

Active
Public limited companyfounded 199135 yrs activeHagelandstraat 30, 3545 Halen, BelgiumKBO/BCE: BE 0443.786.480
Summary

BREMS-SERVICES has been active since 1991 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €4,046 and a net result of -€85. Equity is growing by ~12% per year across the filed fiscal years. Its solvency ranks better than 41% of 7900 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).

Checked score

Score 2025
Axes · tick = 2024
Profitability18▼-17
Solvency62▼-38
Growth35=
Track record100
Bankruptcy probability, 12 months
0.7% Low
0%0.5%1.5%4%10%≥ 25%
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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more 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 date
Age against the risk zone
highest failure risk from 2 to 8 years 35 years 0 40 y
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 2025
Solvency, return and age of the figures
Solvency
36.8%
Return on assets
-0.8%
Age of the figures
9 mo
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
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 23-04-2026, 99 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
99 d early
2024
27 d late
2023
61 d late
2022
12 d early
2021
60 d late
2020
25 d late
2019
31 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 4 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% 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.
Companies Code · seven months
Position in the running window
27-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 22 March 1991, BREMS-SERVICES was incorporated.1 Revenue went from EUR 1.5 million in 2018 to EUR 1.1 million in 2020 and headcount from 3.4 full-time equivalents in 2018 to 1 in 2022.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018, 2020 and 2022

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Financials · fiscal year 2025, abbreviated schema

Turnover
€1.1m▼ 3.1%
2019 · €1.1m
EBIT margin
12.7%▲ 5.0pp
2019 · 7.7%
Net result
-€85▲ 96.6%
2024 · -€2,473
Working capital
-€452
2024 · €224,131
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
Operating result€14,192▼ 89.7%€12,575▼ 11.4%€33,819▲ 169%-€5,267-€2,466▲ 53.2%
Net result€10,285▼ 92.5%€10,804▲ 5.0%€41,730▲ 286%-€2,473-€85▲ 96.6%
EBIT margin
Equity€174,070▲ 6.3%€184,874▲ 6.2%€226,604▲ 22.6%€224,131▼ 1.1%€4,046▼ 98.2%
Total assets€582,126▲ 101%€254,244▼ 56.3%€228,987▼ 9.9%€226,511▼ 1.1%€10,998▼ 95.1%
Debt€408,056▲ 224%€69,370▼ 83.0%€2,383▼ 96.6%€2,380▼ 0.1%€6,952▲ 192%
Working capital€71,567▼ 56.3%€184,874▲ 158%€226,604▲ 22.6%€224,131▼ 1.1%-€452
Staff (FTE)0.8▲ 100%1▲ 25.0%
Why a figure moved sharply
  • 2021 Net result -93% on 2020. The accounts now follow the abbreviated schema, last year the full schema.
Result per fiscal year
Operating resultNet result
-€20,000€0€20,000€40,000Operating result 2021: €14,192€14,192Net result 2021: €10,285€10,285Operating result 2022: €12,575€12,575Net result 2022: €10,804€10,804Operating result 2023: €33,819€33,819Net result 2023: €41,730€41,730Operating result 2024: -€5,267-€5,267Net result 2024: -€2,473-€2,473Operating result 2025: -€2,466-€2,466Net result 2025: -€85-€8520212022202320242025-€20,000€0€20,000€40,000Operating result 2023: €33,819€33,800Net result 2023: €41,730€41,700Operating result 2024: -€5,267-€5,270Net result 2024: -€2,473-€2,470Operating result 2025: -€2,466-€2,470Net result 2025: -€85-€85202320242025
The operating result stays negative: a loss of €2,466 in 2025 against €5,267 in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €10,998
Fixed assets €4,498
Current assets €6,500
Equity and liabilities €10,998
Equity €4,046 ▼ 98.2%
Debt €6,952 ▲ 192%
Debt's share of the balance-sheet total rises from 1.1% to 63.2%. Equity is lower and debt is higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
-€2,464
Cash flow
-€83
Current ratio
0.94▼
2024 · 95.16
Debt to equity
1.72▲
2024 · 0.01
ROE
-2.1%▼
2024 · -1.1%
ROA
-0.8%▲
2024 · -1.1%
Interest coverage
-13.67
Debt ≤ 1 year
€6,952▲
2024 · €2,380
Staff costs
€513▲
2024 · €51
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 12,304 companies that looked in July 2024 the way this one looks now, 0.6% went bankrupt within 24 months and 90% are still going.

  • Micro
  • 20 years or older
  • solvency 30% or more
  • a small loss
0.6% went bankrupt
8.6% stopped otherwise
90% still going

A further 0.6% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.7% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.6%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

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 12,304 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
Filed annual accounts As filed with the NBB · 2025 against 2024 · 44 lines
Balance sheet Code20242025
Assets
Total assets20/58€226,511€10,998▼
Fixed assets21/28-€4,498
Tangible fixed assets22/27-€4,498
Plant, machinery and equipment23-€1,500
Furniture and vehicles24-€2,998
Current assets29/58€226,511€6,500▼
Amounts receivable within one year40/41€222,876€6,500▼
Trade receivables40€36€6,500▲
Other amounts receivable41€222,840-
Deferred charges and accrued income490/1€3,635-
Equity and liabilities
Total equity and liabilities10/49€226,511€10,998▼
Equity10/15€224,131€4,046▼
Contributions10/11€300,000€80,000▼
Capital10€300,000€80,000▼
Issued capital100€300,000€80,000▼
Reserves13€8,691€8,691=
Non-distributable reserves130/1€435€435=
Legal reserve130€435€435=
Distributable reserves133€8,257€8,257=
Profit (loss) carried forward14-€84,560-€84,645▼
Amounts payable17/49€2,380€6,952▲
Amounts payable within one year42/48€2,380€6,952▲
Trade debts44€2,318€5,638▲
Suppliers440/4€2,318€5,638▲
Taxes, remuneration and social security45€62-
Taxes450/3€62-
Other amounts payable47/48-€1,314
Income statement Code20242025
Non-recurring operating income76A€0€6,500▲
Goods, raw materials, services and sundry goods60/61€4,572€7,800▲
Remuneration, social security and pensions62€51€513▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€2
Other operating charges640/8€635€651▲
Non-recurring operating charges66A€9-
Gross operating margin9900-€4,572-€1,300▲
Operating profit (loss)9901-€5,267-€2,466▲
Financial income75/76B€3,635€2,561▼
Recurring financial income75€3,635€2,561▼
Financial charges65/66B€841€180▼
Recurring financial charges65€841€180▼
Profit (loss) for the period before taxes9903-€2,473-€85▲
Profit (loss) for the period9904-€2,473-€85▲
Profit (loss) for the period to be appropriated9905-€2,473-€85▲
Appropriation of the result
Profit (loss) to be appropriated9906-€84,560-€84,645▼
Profit (loss) brought forward from the previous period14P-€82,087-€84,560▼

The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Non-recurring operating income76A-€11,089€6,996€0€6,500-
Goods, raw materials, services and sundry goods60/61--€1,979€4,572€7,800▲ 70.6%
Remuneration, social security and pensions62€108,269€145,711-€29,494€51€513▲ 906%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,775€8,462--€2-
Other operating charges640/8€1,284€233€627€635€651▲ 2.5%
Non-recurring operating charges66A---€9--
Gross operating margin9900€126,520€166,981€4,951-€4,572-€1,300▲ 71.6%
Operating profit (loss)9901€14,192€12,575€33,819-€5,267-€2,466▲ 53.2%
Financial income75/76B--€10,218€3,635€2,561▼ 29.6%
Recurring financial income75--€10,218€3,635€2,561▼ 29.6%
Financial charges65/66B€3,717€1,681€2,306€841€180▼ 78.6%
Recurring financial charges65€3,717€1,681€2,306€841€180▼ 78.6%
Profit (loss) for the period before taxes9903€10,475€10,894€41,731-€2,473-€85▲ 96.6%
Income taxes67/77€190€90€0---
Profit (loss) for the period9904€10,285€10,804€41,730-€2,473-€85▲ 96.6%
Profit (loss) for the period to be appropriated9905€10,285€10,804€41,730-€2,473-€85▲ 96.6%
Line20212022202320242025Change
Assets
Total assets20/58€582,126€254,244€228,987€226,511€10,998▼ 95.1%
Fixed assets21/28€102,503---€4,498-
Tangible fixed assets22/27€102,503---€4,498-
Plant, machinery and equipment23€102,355---€1,500-
Furniture and vehicles24€148---€2,998-
Current assets29/58€479,623€254,244€228,987€226,511€6,500▼ 97.1%
Amounts receivable within one year40/41€479,623€254,243€223,221€222,876€6,500▼ 97.1%
Trade receivables40€178,093€37,300-€36€6,500▲ 18,021%
Other amounts receivable41€301,529€216,943€223,221€222,840--
Cash at bank and in hand54/58€0€0€0---
Deferred charges and accrued income490/1--€5,766€3,635--
Equity and liabilities
Total equity and liabilities10/49€582,126€254,244€228,987€226,511€10,998▼ 95.1%
Equity10/15€174,070€184,874€226,604€224,131€4,046▼ 98.2%
Contributions10/11€300,000€300,000€300,000€300,000€80,000▼ 73.3%
Capital10€300,000€300,000€300,000€300,000€80,000▼ 73.3%
Issued capital100€300,000€300,000€300,000€300,000€80,000▼ 73.3%
Reserves13€8,691€8,691€8,691€8,691€8,691=
Non-distributable reserves130/1€435€435€435€435€435=
Legal reserve130€435€435€435€435€435=
Distributable reserves133€8,257€8,257€8,257€8,257€8,257=
Profit (loss) carried forward14-€134,622-€123,818-€82,087-€84,560-€84,645▼ 0.1%
Amounts payable17/49€408,056€69,370€2,383€2,380€6,952▲ 192%
Amounts payable within one year42/48€408,056€69,370€2,383€2,380€6,952▲ 192%
Trade debts44€378,867€28,342€2,111€2,318€5,638▲ 143%
Suppliers440/4€378,867€28,342€2,111€2,318€5,638▲ 143%
Taxes, remuneration and social security45€29,190€41,028€272€62--
Taxes450/3€5,146€9,185€272€62--
Remuneration and social security454/9€24,043€31,843----
Other amounts payable47/48----€1,314-
Line20212022202320242025Change
Profit (loss) for the period9904€10,285€10,804€41,730-€2,473-€85▲ 96.6%
+ Depreciation and write-downs630€2,775€8,462--€2-
Operating cash flow (approximation)€13,060€19,266€41,730-€2,473-€83▲ 96.6%
Change in cash-€0€0---

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
23-04
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
27-08
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema · 27 days late
2024
31-12
Financial Weakest financial yearnet -€2,473
Net result drops to -€2,473, the lowest in the series; recovery starts the following year.
30-09
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema · 61 days late
2023
31-12
Financial Liquidity times 26current ratio 96.09
Current ratio from 3.67 to 96.09; short-term debt falls from €69,370 to €2,383.
31-12
Financial Equity above €200,000Eq €226,604 ▲22.6%
6 profitable years in a row build equity to €226,604.
19-07
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial Liquidity triplescurrent ratio 3.67
Current ratio from 1.18 to 3.67; short-term debt falls from €408,056 to €69,370.
29-09
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema · 60 days late
2021
25-08
NBB filing Annual accounts filed
fiscal year 2020 · full schema · 25 days late
2020
31-12
Financial Highest result since 2018net €137,681 ▲69%
Operating result €137,844, net result €137,681, both a record.
31-12
Financial Liquidity doublescurrent ratio 2.30
Current ratio from 1.11 to 2.30; short-term debt falls from €206,338 to €126,100.
Show earlier events
31-12
Financial Equity above €150,000Eq €163,785 ▲527%
3 profitable years in a row build equity to €163,785.
30-06
NBB filing Annual accounts filed
fiscal year 2019 · full schema
2019
16-07
NBB filing Annual accounts filed
fiscal year 2018 · full schema
2018
20-07
NBB filing Annual accounts filed
fiscal year 2017 · full schema
2017
13-07
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 17 acts read
About the unread acts

We know of 17 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
17 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, Halen · 1 establishment unit since 1991
seat establishment The establishment unit on the map
Ground area
1,730 m²
Building footprint
1,722 m²
Volume, LiDAR
12,317 m³
Parcel 71422B0377/00S000, Flanders · tallest building 10.8 m, ±3 floors. Linked by address, not a title deed.
4 companies at this address See who is registered here
1 establishment unit
BREMS-SERVICES
Hagelandstraat 30, 3545 HalenNACE 4542101
since 19912.052.569.488
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
71422B0377/00S000 Flanders 1,730 m² 1 · 1,722 m² 10.8 m · 3 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.

Structure & network

Part of the group Firma Cras 16 companies Group, risk and exposure

Owners and holdings

1 owner

Chain of control

  1. Firma Cras 100%
  2. BREMS-SERVICES

Highest known parent: Firma Cras. The sources do not say who stands above it.

Owners 1

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.

Similar companies · same sector, comparable size

Of 20,025 companies in sector 43320 we hold annual accounts for 9,134. 2,659 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
Founded22-03-1991
Fiscal year end31-12
Activities, NACEBEL 2025
43320Joinery installation
E-invoicing
Reachable via Peppol
Peppol ID 0208:0443786480
Also 9925:BE0443786480
Registered 21-05-2026

Register as of 27 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.