BRENNAN
ActiveSummary
BRENNAN has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €360k and a net result of €457. Equity remains stable across the filed fiscal years (±1.1% per year). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
75
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability38▲+5
Solvency98=
Growth32=
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25k at 30 days acceptable
Liquidity ample (current ratio 3.73 against 3.76 in 2024; short-term debt: 26.8% and cash: 99.6% of total assets), and 26.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four 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 · 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
73.2%
Return on assets
0.1%
Age of the figures
15 mo
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 18-12-2025, 44 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
44 d early
2024
on the day
2023
2 d early
2022
47 d early
2021
42 d early
2020
40 d early
2019
35 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
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 close24-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€360k▲ 0.1%
2024 · €359k
2019: €385k
2020: €376k
2021: €376k
2022: €372k
2023: €367k
2024: €359k
2019 → 2025
Total assets
€491k▲ 0.5%
2024 · €489k
2019: €539k
2020: €529k
2021: €517k
2022: €512k
2023: €499k
2024: €489k
2019 → 2025
Net result
€457
2024 · €-8k
2019: €84k
2020: €-9k
2021: €-181
2022: €-4k
2023: €-5k
2024: €-8k
2019 → 2025
Working capital
€360k▲ 0.1%
2024 · €359k
2019: €384k
2020: €376k
2021: €376k
2022: €372k
2023: €367k
2024: €359k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€376k-€372k▼ 1.1%€367k▼ 1.3%€359k▼ 2.1%€360k▲ 0.1%
Operating result€4k-€-4k€-5k▼ 18.8%€-8k▼ 59.9%€-5k▲ 33.0%
Net result€-181-€-4k▼ 2,201%€-5k▼ 18.6%€-8k▼ 59.0%€457
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €5k in 2025 against €8k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €491k
Equity
€360k ▲ 0.1%
Debt
€132k ▲ 1.4%
Debt's share of the balance-sheet total rises from 26.6% to 26.8%. Equity and debt are higher.
Key figures and ratios
Current ratio
3.73▼
2024 · 3.76
Debt to equity
0.37▲
2024 · 0.36
ROE
0.1%▲
2024 · -2.2%
ROA
0.1%▲
2024 · -1.6%
Debt ≤ 1 year
€132k▲
2024 · €130k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 30 lines
Balance sheet
Code20242025
Assets
Total assets20/58€489k€491k▲
Current assets29/58€489k€491k▲
Amounts receivable within one year40/41€150€2k▲
Other amounts receivable41€150€2k▲
Cash at bank and in hand54/58€489k€489k▲
Equity and liabilities
Total equity and liabilities10/49€489k€491k▲
Equity10/15€359k€360k▲
Contributions10/11€9k€9k=
Reserves13€367k€367k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€365k€365k=
Profit (loss) carried forward14€-17k€-17k▲
Amounts payable17/49€130k€132k▲
Amounts payable within one year42/48€130k€132k▲
Trade debts44€129k€131k▲
Suppliers440/4€129k€131k▲
Other amounts payable47/48€663€708▲
Income statement
Code20242025
Other operating charges640/8€2k€2k▲
Gross operating margin9900€-5k€-3k▲
Operating profit (loss)9901€-8k€-5k▲
Financial income75/76B-€6k
Recurring financial income75-€6k
Financial charges65/66B€69€74▲
Recurring financial charges65€69€74▲
Profit (loss) for the period before taxes9903€-8k€457▲
Profit (loss) for the period9904€-8k€457▲
Profit (loss) for the period to be appropriated9905€-8k€457▲
Appropriation of the result
Profit (loss) to be appropriated9906€-17k€-17k▲
Profit (loss) brought forward from the previous period14P€-9k€-17k▼
The notes to these accounts (3 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
18-12
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
30-06
Financial
Back to profitnet €457
Net result €457 after 5 loss-making years.
31-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
29-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2022
15-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2021
20-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2020
22-12
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
30-06
Financial
Weakest financial yearnet €-9k ▼110%
Net result drops to €-9k, the lowest in the series; recovery starts the following year.
2019
27-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
20-12
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
12-01
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
19-12
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Mechelen · 1 establishment unit since 2004
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.
Vinkstraat(LST) 212811 MechelenGround area
3,076 m²
Building footprint
370 m²
Volume, LiDAR
1,459 m³
Parcel 12020B0169/00B000, Flanders · tallest building 7.0 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
BRENNAN
since 20042.135.535.964
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12020B0169/00B000 | Flanders | 3,076 m² | 1 · 370 m² | 7.0 m · 1 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.
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded29-12-2003
Fiscal year end30-06
Sources
Crossroads Bank for EnterprisesNational Bank · 21 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.