BREON
ActiveSummary
BREON has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €34,008 and a net result of -€6,016. Equity is shrinking by ~8.4% per year across the filed fiscal years. Its solvency ranks better than 52% of 4556 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability20▲+19
Solvency66▲+14
Growth58▲+26
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2,000 at 30 days acceptable
Liquidity ample (current ratio 1.68 against 1.37 in 2024; short-term debt: 59.5% and cash: 83.5% of total assets), but 59.5% of the assets are financed with debt.
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Signals
Six 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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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
40.5%
Return on assets
-7.2%
Age of the figures
9 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
202122232425
2020 to 2025 · latest year -€6,016
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 02-07-2026, 29 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
29 d early
2024
34 d early
2023
22 d early
2022
20 d early
2021
23 d early
2020
23 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 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
26-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€6,016▲ 72.7%
2024 · -€22,044
Working capital
€34,008▼ 15.0%
2024 · €40,024
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
Operating result-€4,289▲ 44.3%-€4,305▼ 0.4%€1.2m-€22,037-€6,016▲ 72.7%
Net result-€4,289▲ 44.3%-€4,366▼ 1.8%€916,423-€22,044-€6,016▲ 72.7%
Equity€50,012▼ 7.9%€45,646▼ 8.7%€62,068▲ 36.0%€40,024▼ 35.5%€34,008▼ 15.0%
Total assets€696,367▲ 1,122%€3.5m▲ 407%€297,012▼ 91.6%€149,523▼ 49.7%€83,955▼ 43.9%
Debt€646,356▲ 23,936%€3.5m▲ 439%€234,944▼ 93.3%€109,499▼ 53.4%€49,947▼ 54.4%
Working capital€50,012▼ 7.9%€45,646▼ 8.7%€62,068▲ 36.0%€40,024▼ 35.5%€34,008▼ 15.0%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €6,016 in 2025 against €22,037 in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €83,955
Equity
€34,008 ▼ 15.0%
Debt
€49,947 ▼ 54.4%
Debt's share of the balance-sheet total falls from 73.2% to 59.5%. Equity and debt are lower.
Key figures and ratios
Current ratio
1.68▲
2024 · 1.37
Debt to equity
1.47▼
2024 · 2.74
ROE
-17.7%▲
2024 · -55.1%
ROA
-7.2%▲
2024 · -14.7%
Debt ≤ 1 year
€49,947▼
2024 · €109,499
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 |
|---|---|---|---|---|---|---|
| Other operating charges640/8 | €410 | €410 | €446 | €1,030 | €462 | ▼ 55.2% |
| Gross operating margin9900 | -€3,879 | -€3,895 | €1.2m | -€21,008 | -€5,555 | ▲ 73.6% |
| Operating profit (loss)9901 | -€4,289 | -€4,305 | €1.2m | -€22,037 | -€6,016 | ▲ 72.7% |
| Financial income75/76B | - | €1 | €0 | €1 | €0 | ▼ 97.8% |
| Recurring financial income75 | - | €1 | €0 | €1 | €0 | ▼ 97.8% |
| Financial charges65/66B | - | €62 | €15 | €8 | - | - |
| Recurring financial charges65 | - | €62 | €15 | €8 | - | - |
| Profit (loss) for the period before taxes9903 | -€4,289 | -€4,366 | €1.2m | -€22,044 | -€6,016 | ▲ 72.7% |
| Income taxes67/77 | - | - | €300,023 | -€0 | - | - |
| Profit (loss) for the period9904 | -€4,289 | -€4,366 | €916,423 | -€22,044 | -€6,016 | ▲ 72.7% |
| Profit (loss) for the period to be appropriated9905 | -€4,289 | -€4,366 | €916,423 | -€22,044 | -€6,016 | ▲ 72.7% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €696,367 | €3.5m | €297,012 | €149,523 | €83,955 | ▼ 43.9% |
| Current assets29/58 | €696,367 | €3.5m | €297,012 | €149,523 | €83,955 | ▼ 43.9% |
| Stocks and contracts in progress3 | €661,649 | €2.6m | €31,500 | €9,000 | - | - |
| Contracts in progress37 | €661,649 | €2.6m | €31,500 | €9,000 | - | - |
| Amounts receivable within one year40/41 | €31,507 | €891,213 | €240,496 | €21,018 | €13,866 | ▼ 34.0% |
| Trade receivables40 | - | €1,442 | €22,712 | €21,018 | - | - |
| Other amounts receivable41 | €31,507 | €889,771 | €217,784 | €0 | €13,866 | - |
| Cash at bank and in hand54/58 | €3,211 | €26,887 | €25,016 | €119,506 | €70,089 | ▼ 41.4% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €696,367 | €3.5m | €297,012 | €149,523 | €83,955 | ▼ 43.9% |
| Equity10/15 | €50,012 | €45,646 | €62,068 | €40,024 | €34,008 | ▼ 15.0% |
| Contributions10/11 | €62,000 | €62,000 | €62,000 | €62,000 | €62,000 | = |
| Capital10 | €62,000 | €62,000 | €62,000 | €62,000 | €62,000 | = |
| Issued capital100 | €62,000 | €62,000 | €62,000 | €62,000 | €62,000 | = |
| Profit (loss) carried forward14 | -€11,988 | -€16,354 | €68 | -€21,976 | -€27,992 | ▼ 27.4% |
| Amounts payable17/49 | €646,356 | €3.5m | €234,944 | €109,499 | €49,947 | ▼ 54.4% |
| Amounts payable within one year42/48 | €646,356 | €3.5m | €234,944 | €109,499 | €49,947 | ▼ 54.4% |
| Trade debts44 | €2,828 | €2,014 | €234,944 | €97,539 | €49,947 | ▼ 48.8% |
| Suppliers440/4 | €2,828 | €2,014 | €234,944 | €97,539 | €49,947 | ▼ 48.8% |
| Advances received on contracts in progress46 | - | €3.4m | - | - | - | - |
| Taxes, remuneration and social security45 | - | €33,586 | - | €122 | - | - |
| Taxes450/3 | - | €33,586 | - | €122 | - | - |
| Other amounts payable47/48 | €643,528 | - | - | €11,838 | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€4,289 | -€4,366 | €916,423 | -€22,044 | -€6,016 | ▲ 72.7% |
| Operating cash flow (approximation) | -€4,289 | -€4,366 | €916,423 | -€22,044 | -€6,016 | ▲ 72.7% |
| Change in cash | - | €23,676 | -€1,871 | €94,489 | -€49,417 | ▼ 152% |
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
14-08
State Gazette act
Reappointments: CK Red BV, Group GL NV and Erik JehoulPermanent representatives: Christopher Kumpen and Ghislain Lenaers · Mandate compensation11 facts ▸
State Gazette act
Reappointments: CK Red BV, Group GL NV and Erik Jehoul
Permanent representatives: Christopher Kumpen and Ghislain Lenaers · Mandate compensation11 facts ▸
- General meeting, 27/06/2025
- Board meeting, 27/06/2025
- Director reappointment, CK Red BV (director)
- Director reappointment, CK Red BV (managing director)
- Permanent representative, Christopher Kumpen
- Director reappointment, Group GL NV (director)
- Director reappointment, Group GL NV (managing director)
- Permanent representative, Ghislain Lenaers
- Director reappointment, Erik Jehoul (director)
- Director reappointment, Erik Jehoul (managing director)
- Mandate compensation
02-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
27-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Weakest financial yearnet -€22,044
Net result drops to -€22,044, the lowest in the series; recovery starts the following year.
09-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Back to profitnet €916,423
Net result €916,423 after 3 loss-making years.
11-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
08-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
08-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 4 acts read
About the unread acts
Of the 4 Belgian State Gazette acts we know for this company, 1 has been read. The other 3 have not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
under verification, last change in 2025
This board is reconstructed from a single act (26104356). A Gazette act generally publishes only CHANGES, not a full roll call, so directors unchanged since then may be missing here. The KBO register holds the complete list of function holders.
CHRISTOPHER KUMPEN REAL ESTATE DEVELOPMENT MANAGEMENT
CurrentDirector · since 27-06-2025 · Private limited company · perm. rep.: Christopher Kumpen
Erik Jehoul
CurrentDirector · since 27-06-2025
Group GL
CurrentDirector · since 27-06-2025 · Public limited company · perm. rep.: Ghislain Lenaers
27-06-2025
CHRISTOPHER KUMPEN REAL ESTATE DEVELOPMENT MANAGEMENT: Mandate renewed as Director
27-06-2025
CHRISTOPHER KUMPEN REAL ESTATE DEVELOPMENT MANAGEMENT: Mandate renewed as Managing director
27-06-2025
Erik Jehoul: Mandate renewed as Director
27-06-2025
Erik Jehoul: Mandate renewed as Managing director
27-06-2025
Group GL: Mandate renewed as Director
Not every act has been read: a resignation may be missing here
3 of this company's 4 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Registered office, Hasselt · 1 establishment unit since 2019
Ground area
7,392 m²
Building footprint
1,703 m²
Volume, LiDAR
33,467 m³
Parcel 71327G0279/00Z002, Flanders · tallest building 23.4 m, ±6 floors. Linked by address, not a title deed.
30
companies at this address
See who is registered here
1 establishment unit
BREON
since 20192.295.681.974
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71327G0279/00Z002 | Flanders | 7,392 m² | 1 · 1,703 m² | 23.4 m · 6 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
Connections & network
3 current directorsThe group is listed under Ownership & control below; here you explore it as a network.
This company
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Shareholding
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Of 9,698 companies in sector 68121 we hold annual accounts for 7,385. 4,659 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
Founded02-10-2019
Fiscal year end31-12
Activities, NACEBEL 2025
68121Development of residential building projects
73300Public relations and communication consultancy
Scores and ratios are computed by Checked and are not a credit decision.