BRENCON
ActiveThe computed 12-month bankruptcy probability of BRENCON is 1.8% (moderate). The 2025 annual accounts show equity of €5k and a net result of €102k. Equity is shrinking by ~29.7% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2026. Its solvency ranks better than 13% of 7293 sector peers (fiscal year 2025). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability100=
Solvency12▼-35
Growth58▼-20
Stability100
Bankruptcy probability, 12 months
1.8%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity tight (current ratio 1.01 against 2.47 in 2024), and 98.8% 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
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 41
Relative position
BE, all sectors
reference
Sector 41
higher
← 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
1.2%
Return on assets
25.2%
Age of the figures
14 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 13% of 7293 sector peers (2025).
NBB · sector comparisonPosition among 7293 sector peers
Solvency
better than 13%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 30-12-2025, 32 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
32 d early
2024
3 d early
2023
34 d early
2022
31 d early
2021
3 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close12-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€5k▼ 94.7%
2024 · €94k
2021: €55k
2022: €42k
2023: €16k
2024: €94k
2021 → 2025
Total assets
€404k▼ 14.8%
2024 · €474k
2021: €143k
2022: €108k
2023: €304k
2024: €474k
2021 → 2025
Net result
€102k▲ 30.7%
2024 · €78k
2021: €50k
2022: €-13k
2023: €-26k
2024: €78k
2021 → 2025
Working capital
€5k▼ 98.2%
2024 · €282k
2021: €55k
2022: €42k
2023: €225k
2024: €282k
2021 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€55k-€42k▼ 24.3%€16k▼ 61.9%€94k▲ 489%€5k▼ 94.7%
Operating result€66k-€-14k€-26k▼ 80.9%€99k€146k▲ 47.0%
Net result€50k-€-13k€-26k▼ 93.4%€78k€102k▲ 30.7%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 47% above 2024 and is the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €404k
Equity
€5k▼ 94.7%
Debt
€399k▲ 5.0%
The debt ratio rises from 80.2% to 98.8%: debt grows while equity shrinks.
Key figures and ratios
Solvency
1.2%▼
2024 · 19.8%
Current ratio
1.01▼
2024 · 2.47
Quick ratio
0.41▲
2024 · 0.07
Debt / equity
79.89▲
2024 · 4.04
ROA
25.2%▲
2024 · 16.5%
Debt
€399k▲
2024 · €380k
Debt ≤ 1 year
€399k▲
2024 · €192k
Debt > 1 year
€0▼
2024 · €188k
Income taxes
€36k▲
2024 · €11k
A ratio outside any meaningful range has been withheld (balance sheet total €404k, equity €5k).
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€474k€404k▼
Fixed assets21/28€250€0▼
Financial fixed assets28€250€0▼
Current assets29/58€474k€404k▼
Stocks and contracts in progress3€460k€239k▼
Stocks30/36€460k€239k▼
Amounts receivable within one year40/41€1k€1k▲
Trade receivables40€401€0▼
Other amounts receivable41€620€1k▲
Cash at bank and in hand54/58€9k€161k▲
Deferred charges and accrued income490/1€4k€3k▼
Equity and liabilities
Total equity and liabilities10/49€474k€404k▼
Equity10/15€94k€5k▼
Contributions10/11€5k€5k=
Reserves13€89k€0▼
Distributable reserves133€89k€0▼
Profit (loss) carried forward14€0€0=
Amounts payable17/49€380k€399k▲
Amounts payable after more than one year17€188k€0▼
Financial debts170/4€188k€0▼
Amounts payable within one year42/48€192k€399k▲
Trade debts44€398€10k▲
Suppliers440/4€398€10k▲
Taxes, remuneration and social security45€11k€16k▲
Taxes450/3€11k€16k▲
Other amounts payable47/48€181k€373k▲
Income statement
Code20242025
Other operating charges640/8€770€696▼
Gross operating margin9900€100k€147k▲
Operating profit (loss)9901€99k€146k▲
Financial income75/76B€1k€131▼
Recurring financial income75€1k€131▼
Financial charges65/66B€12k€8k▼
Recurring financial charges65€12k€8k▼
Profit (loss) for the period before taxes9903€89k€138k▲
Income taxes67/77€11k€36k▲
Profit (loss) for the period9904€78k€102k▲
Profit (loss) for the period to be appropriated9905€78k€102k▲
Appropriation of the result
Profit (loss) to be appropriated9906€39k€102k▲
Profit (loss) brought forward from the previous period14P€-39k€0▲
Transfer from equity791/2-€89k
Transfer to equity691/2€39k€0▼
To other reserves6921€39k€0▼
Profit to be distributed694/7-€191k
Return on contributions (dividend)694-€191k
The notes to these accounts (5 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
2025
30-12
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
30-06
Financial
Highest result since 2021net €102k ▲30.7%
Operating result €146k, net result €102k, both a record.
28-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-06
Financial
Back to profitnet €78k
Net result €78k after 2 loss-making years.
2023
28-12
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
30-06
Financial
Weakest financial yearnet €-26k
Net result drops to €-26k, the lowest in the series; recovery starts the following year.
30-06
Financial
Liquidity doublescurrent ratio 3.87
Current ratio from 1.64 to 3.87.
2022
31-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
28-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Lokeren · 1 establishment unit since 2019
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.
Eendenweg 119160 LokerenGround area
434 m²
Building footprint
115 m²
Volume, LiDAR
567 m³
Parcel 46007D1965/00T000, Flanders · tallest building 8.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
BRENCON
since 20192.291.828.403
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46007D1965/00T000 | Flanders | 434 m² | 1 · 115 m² | 8.6 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel 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
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KOBATI
BE 0738.695.976
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Algemene Bouwwerken D'Hooghe Michaël
BE 0748.725.281
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ELIAS
BE 0761.603.616
Ternat · Eq €5k
Of 29,531 companies in sector 41001 we hold annual accounts for 15,863. 6,362 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded16-07-2019
Fiscal year end30-06
Activities, NACEBEL
41001General construction of residential buildings
43120Site preparation
43350Other building finishing work
49410Freight transport by road
64200Holdings
64210Activities of holding companies
68110Buying and selling of own real estate
70100Activities of head offices
71111Activities of building architects
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.