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BREQ

Active
Private limited companyfounded 20242 yrs activeBoomsesteenweg 20, 2630 Aartselaar, BelgiumKBO/BCE: BE 1008.541.464
Summary

The computed 12-month bankruptcy probability of BREQ is 2.3% (moderate). The 2025 annual accounts show equity of €36,578 and a net result of €34,578. Its solvency ranks better than 47% of 28254 sector peers (fiscal year 2025). The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2025
Axes
Profitability100
Solvency69
Growth-
Track record67
Bankruptcy probability, 12 months
2.3% Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €2,000 at 30 days acceptable
Liquidity ample (current ratio 1.58; short-term debt: 55.8% and cash: 30% of total assets), but 55.8% of the assets are financed with debt.
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Signals

Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 2 years 0 10 y
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 · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
44.2%
Return on assets
41.8%
Age of the figures
12 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 18-03-2026, 43 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2025
43 d early
← before the deadline after the deadline →
Checked, nothing found (1)
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

BREQ was incorporated on 18 April 2024 as a Private limited company.1 The company has filed annual accounts once, for fiscal year 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2025

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Financials · fiscal year 2025, micro schema

Equity
€36,578
Total assets
€82,728
Net result
€34,578
Working capital
€26,700

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition
Assets €82,728
Fixed assets €9,878
Current assets €72,850
Equity and liabilities €82,728
Equity €36,578
Debt €46,150
Debt finances 55.8% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€48,758
Cash flow
€35,711
Current ratio
1.58
Quick ratio
1.46
Debt to equity
1.26
ROE
94.5%
ROA
41.8%
Interest coverage
1059.95
Debt ≤ 1 year
€46,150
Income taxes
€13,073

Peer companies

Historical observation

Of the 39,276 companies that looked in July 2024 the way this one looks now, 1.6% went bankrupt within 24 months and 96% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.6% went bankrupt
2.2% stopped otherwise
96% still going

A further 0.5% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 2.3% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 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% 1.7%
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 75% 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 39,276 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 · 39 lines
Balance sheet Code2025
Assets
Total assets20/58€82,728
Fixed assets21/28€9,878
Tangible fixed assets22/27€9,878
Plant, machinery and equipment23€7,512
Furniture and vehicles24€2,367
Current assets29/58€72,850
Stocks and contracts in progress3€5,296
Stocks30/36€5,296
Amounts receivable within one year40/41€32,756
Trade receivables40€18,790
Other amounts receivable41€13,966
Cash at bank and in hand54/58€24,782
Deferred charges and accrued income490/1€10,017
Equity and liabilities
Total equity and liabilities10/49€82,728
Equity10/15€36,578
Contributions10/11€2,000
Capital10€2,000
Issued capital100€2,000
Profit (loss) carried forward14€34,578
Amounts payable17/49€46,150
Amounts payable within one year42/48€46,150
Trade debts44€31,850
Suppliers440/4€31,850
Taxes, remuneration and social security45€13,073
Taxes450/3€13,073
Other amounts payable47/48€1,227
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,133
Other operating charges640/8€120
Gross operating margin9900€48,878
Operating profit (loss)9901€47,625
Financial income75/76B€72
Recurring financial income75€72
Financial charges65/66B€46
Recurring financial charges65€46
Profit (loss) for the period before taxes9903€47,651
Income taxes67/77€13,073
Profit (loss) for the period9904€34,578
Profit (loss) for the period to be appropriated9905€34,578
Appropriation of the result
Profit (loss) to be appropriated9906€34,578

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,133
Other operating charges640/8€120
Gross operating margin9900€48,878
Operating profit (loss)9901€47,625
Financial income75/76B€72
Recurring financial income75€72
Financial charges65/66B€46
Recurring financial charges65€46
Profit (loss) for the period before taxes9903€47,651
Income taxes67/77€13,073
Profit (loss) for the period9904€34,578
Profit (loss) for the period to be appropriated9905€34,578
Line2025
Assets
Total assets20/58€82,728
Fixed assets21/28€9,878
Tangible fixed assets22/27€9,878
Plant, machinery and equipment23€7,512
Furniture and vehicles24€2,367
Current assets29/58€72,850
Stocks and contracts in progress3€5,296
Stocks30/36€5,296
Amounts receivable within one year40/41€32,756
Trade receivables40€18,790
Other amounts receivable41€13,966
Cash at bank and in hand54/58€24,782
Deferred charges and accrued income490/1€10,017
Equity and liabilities
Total equity and liabilities10/49€82,728
Equity10/15€36,578
Contributions10/11€2,000
Capital10€2,000
Issued capital100€2,000
Profit (loss) carried forward14€34,578
Amounts payable17/49€46,150
Amounts payable within one year42/48€46,150
Trade debts44€31,850
Suppliers440/4€31,850
Taxes, remuneration and social security45€13,073
Taxes450/3€13,073
Other amounts payable47/48€1,227
Line2025
Profit (loss) for the period9904€34,578
+ Depreciation and write-downs630€1,133
Operating cash flow (approximation)€35,711

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

2026
18-03
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
NBB filing
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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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, Aartselaar · 1 establishment unit since 2024
seat establishment The establishment unit on the map
Ground area
6,223 m²
Building footprint
1,525 m²
Volume, LiDAR
10,644 m³
Parcel 11372A0285/00M000, Flanders · tallest building 8.5 m, ±2 floors. Linked by address, not a title deed.
20 companies at this address See who is registered here
1 establishment unit
Quba maatwerk
Boomsesteenweg 20, 2630 AartselaarJoinery installation
since 20242.359.578.547
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
11372A0285/00M000 Flanders 6,223 m² 1 · 1,525 m² 8.5 m · 2 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

Owners and holdings

1 owner

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 20,026 companies in sector 43320 we hold annual accounts for 9,139. 7,065 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded18-04-2024
Fiscal year end30-09
Activities, NACEBEL 2025
43320Joinery installation
31001Manufacture of furniture
31002Manufacture of furniture
31004Manufacture of dining room, living room, bedroom and bathroom furniture
31009Manufacture of furniture
E-invoicing
Reachable via Peppol
Peppol ID 0208:1008541464
Also 9925:BE1008541464
Registered 01-11-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 28 September 2026 · Peppol Directory

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