Skip to content

BRESCO

Active Risk: very low
Limited partnershipfounded 198441 yrs activeChemin du Biéli, Freyneux 3, 6960 Manhay, BelgiumKBO/BCE: BE 0426.808.809
Summary

BRESCO has been active since 1984 and the Belgian State Gazette contains no insolvency or warning signals. The 2015 annual accounts show equity of €428,639 and a net result of €125,041. Equity is growing by ~9% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.4% (very low).

Checked score

No current score
Figures too old
The available figures for FY 2015 are too old to assess current financial health.
Filing: Five or more filing cycles are missing. This points to a standstill, not an imminent failure.
Axes, FY 2015 · tick = 2014
Profitability90▲+41
Solvency97▲+7
Growth78=
Track record100
Bankruptcy probability, 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%
Credit check for your own amount and term

Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
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 2015
Solvency, return and age of the figures
Solvency
72%
Return on assets
21%
Age of the figures
129 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 81
Relative position
BE, all sectors
reference
Services to buildings and landscape activities (NACE 81)
about 79% 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 41 years 0 50 y
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
neutral · No filing for years
The last filed financial year closed on 31-12-2015. Since then, 10 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 10 filings
Position against the passed deadline
31-12-2016 close31-07-2017 deadline29-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2015 was due by 31-07-2016 and was filed on 26-08-2016, 26 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
not filed
2019
not filed
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The sector median for financial year 2024 is 1 day before the deadline, and 43% of the sector filed late.

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

BRESCO was incorporated on 29 November 1984.1 Total assets rose from EUR 487,218 in 2011 to EUR 595,663 in 2015.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2011 and 2015

Go further with this company

Is this your company? See how customers and banks see it.

Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2015, abbreviated schema

Equity
€428,639▲ 41.2%
2014 · €303,598
Total assets
€595,663▲ 26.9%
2014 · €469,245
Net result
€125,041▲ 458%
2014 · €22,395
Working capital
€40,805
2014 · -€69,931
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
Line20112012201320142015
Operating result€24,652-€28,229▲ 14.5%€47,207▲ 67.2%€40,443▼ 14.3%€195,453▲ 383%
Net result€6,492-€10,203▲ 57.2%€26,369▲ 158%€22,395▼ 15.1%€125,041▲ 458%
Equity€244,631-€254,834▲ 4.2%€281,203▲ 10.3%€303,598▲ 8.0%€428,639▲ 41.2%
Total assets€487,218-€470,384▼ 3.5%€466,390▼ 0.8%€469,245▲ 0.6%€595,663▲ 26.9%
Debt€242,587-€215,550▼ 11.1%€185,187▼ 14.1%€165,647▼ 10.6%€167,024▲ 0.8%
Working capital-€107,091--€98,255▲ 8.3%-€82,222▲ 16.3%-€69,931▲ 14.9%€40,805
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
€0€50,000€100,000€150,000€200,000Operating result 2011: €24,652€24,652Net result 2011: €6,492€6,492Operating result 2012: €28,229€28,229Net result 2012: €10,203€10,203Operating result 2013: €47,207€47,207Net result 2013: €26,369€26,369Operating result 2014: €40,443€40,443Net result 2014: €22,395€22,395Operating result 2015: €195,453€195,453Net result 2015: €125,041€125,04120112012201320142015€0€50,000€100,000€150,000€200,000Operating result 2013: €47,207€47,200Net result 2013: €26,369€26,400Operating result 2014: €40,443€40,400Net result 2014: €22,395€22,400Operating result 2015: €195,453€195,000Net result 2015: €125,041€125,000201320142015
The operating result recovers in 2015; 2015 is 383% above 2014 and is the highest result in the available series.
Balance-sheet composition
2015 in colour, 2014 as the grey bar beneath
Assets €595,663
Fixed assets €418,087 ▼ 3.5%
Current assets €177,576 ▲ 391%
Equity and liabilities €595,663
Equity €428,639 ▲ 41.2%
Debt €167,024 ▲ 0.8%
Debt's share of the balance-sheet total falls from 35.3% to 28.0%. Equity and debt are higher.
Key figures and ratios
2015 value · change against 2014
EBITDA
€200,531▲
2014 · €47,031
Cash flow
€130,119▲
2014 · €28,983
Current ratio
1.30▲
2014 · 0.34
Debt to equity
0.06▼
2014 · 0.16
ROE
29.2%▲
2014 · 7.4%
ROA
21.0%▲
2014 · 4.8%
Debt ≤ 1 year
€136,771▲
2014 · €106,090
Debt > 1 year
€27,371▼
2014 · €48,232
Income taxes
€65,826▲
2014 · €11,822
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2015 against 2014 · 25 lines
Balance sheet Code20142015
Assets
Total assets20/58€469,245€595,663▲
Fixed assets21/28€433,086€418,087▼
Tangible fixed assets22/27€64,907€50,545▼
Financial fixed assets28€368,179€367,542▼
Current assets29/58€36,159€177,576▲
Amounts receivable within one year40/41€6,292€6,613▲
Cash at bank and in hand54/58€29,867€170,963▲
Equity and liabilities
Total equity and liabilities10/49€469,245€595,663▲
Equity10/15€303,598€428,639▲
Contributions10/11€169,807€169,807=
Reserves13€116,981€216,981▲
Profit (loss) carried forward14€16,810€41,851▲
Amounts payable17/49€165,647€167,024▲
Amounts payable after more than one year17€48,232€27,371▼
Amounts payable within one year42/48€106,090€136,771▲
Trade debts44€7,526€7,905▲
Income statement Code20142015
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6,588€5,078▼
Gross operating margin9900€54,032€207,553▲
Operating profit (loss)9901€40,443€195,453▲
Recurring financial income75€15€31▲
Recurring financial charges65€6,241€4,617▼
Profit (loss) for the period before taxes9903€34,217€190,867▲
Income taxes67/77€11,822€65,826▲
Profit (loss) for the period9904€22,395€125,041▲
Profit (loss) for the period to be appropriated9905€22,395€125,041▲
Line20112012201320142015Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€14,304€14,222€6,609€6,588€5,078▼ 22.9%
Gross operating margin9900€46,245€50,204€60,645€54,032€207,553▲ 284%
Operating profit (loss)9901€24,652€28,229€47,207€40,443€195,453▲ 383%
Recurring financial income75€43€4€90€15€31▲ 107%
Recurring financial charges65€12,470€10,216€7,334€6,241€4,617▼ 26.0%
Profit (loss) for the period before taxes9903€12,225€18,017€39,963€34,217€190,867▲ 458%
Income taxes67/77€5,733€7,814€13,594€11,822€65,826▲ 457%
Profit (loss) for the period9904€6,492€10,203€26,369€22,395€125,041▲ 458%
Profit (loss) for the period to be appropriated9905€6,492€10,203€26,369€22,395€125,041▲ 458%
Line20112012201320142015Change
Assets
Total assets20/58€487,218€470,384€466,390€469,245€595,663▲ 26.9%
Fixed assets21/28€467,909€453,687€439,675€433,086€418,087▼ 3.5%
Tangible fixed assets22/27€99,729€85,507€71,495€64,907€50,545▼ 22.1%
Financial fixed assets28€368,180€368,180€368,180€368,179€367,542▼ 0.2%
Current assets29/58€19,309€16,697€26,715€36,159€177,576▲ 391%
Amounts receivable within one year40/41€15,725€9,423€18,099€6,292€6,613▲ 5.1%
Cash at bank and in hand54/58€3,584€7,274€8,616€29,867€170,963▲ 472%
Equity and liabilities
Total equity and liabilities10/49€487,218€470,384€466,390€469,245€595,663▲ 26.9%
Equity10/15€244,631€254,834€281,203€303,598€428,639▲ 41.2%
Contributions10/11€169,807€169,807€169,807€169,807€169,807=
Reserves13€16,981€66,981€66,981€116,981€216,981▲ 85.5%
Profit (loss) carried forward14€57,843€18,046€44,415€16,810€41,851▲ 149%
Amounts payable17/49€242,587€215,550€185,187€165,647€167,024▲ 0.8%
Amounts payable after more than one year17€110,931€87,800€68,395€48,232€27,371▼ 43.3%
Amounts payable within one year42/48€126,400€114,952€108,937€106,090€136,771▲ 28.9%
Trade debts44€7,859€8,951€13,888€7,526€7,905▲ 5.0%
Line20112012201320142015Change
Profit (loss) for the period9904€6,492€10,203€26,369€22,395€125,041▲ 458%
+ Depreciation and write-downs630€14,304€14,222€6,609€6,588€5,078▼ 22.9%
Operating cash flow (approximation)€20,796€24,425€32,978€28,983€130,119▲ 349%
Investment in fixed assets (approximation)-€0€7,403€1€9,921▲ 992,000%
Change in cash-€3,690€1,342€21,251€141,096▲ 564%

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

Download as CSV

Timeline · acts, filings and financial milestones

2016
26-08
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema · 26 days late
2015
31-12
Financial Highest result since 2011net €125,041 ▲458%
Operating result €195,453, net result €125,041, both a record.
31-12
Financial Liquidity quadruplescurrent ratio 1.30
Current ratio from 0.34 to 1.30.
05-08
NBB filing Annual accounts filed
fiscal year 2014 · abbreviated schema · 5 days late
2014
26-08
NBB filing Annual accounts filed
fiscal year 2013 · abbreviated schema · 26 days late
2013
23-08
NBB filing Annual accounts filed
fiscal year 2012 · abbreviated schema · 23 days late
2012
30-08
NBB filing Annual accounts filed
fiscal year 2011 · abbreviated schema · 30 days late
2011
29-08
NBB filing Annual accounts filed
fiscal year 2010 · abbreviated schema · 29 days late
2010
31-08
NBB filing Annual accounts filed
fiscal year 2009 · abbreviated schema · 31 days late
2009
25-08
NBB filing Annual accounts filed
fiscal year 2008 · abbreviated schema · 25 days late
2008
29-08
NBB filing Annual accounts filed
fiscal year 2007 · abbreviated schema · 29 days late
2007
30-08
NBB filing Annual accounts filed
fiscal year 2006 · abbreviated schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts

We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
5 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, Manhay · 1 establishment unit since 1984
seat establishment The establishment unit on the map
Ground area
2,036 m²
Building footprint
154 m²
Parcel 83011A0330/00N000, Wallonia. Linked by address, not a title deed.
1 establishment unit
Chemin du Biéli, Freyneux 3, 6960 Manhay
NACE 7032102
since 19842.231.185.882
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
83011A0330/00N000 Wallonia 2,036 m² 1 · 154 m² -
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.

Similar companies · same sector, comparable size

Of 6,995 companies in sector 81220 we hold annual accounts for 2,414. 1,470 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formLimited partnership
Founded29-11-1984
Fiscal year end31-12
Activities, NACEBEL 2025
68201Renting and operating of own or leased residential real estate, excluding social housing
81220Other building cleaning and industrial cleaning
68321Property management for co-owned buildings (syndics)
70200Business and other management consultancy
81210General cleaning of buildings
81230Other cleaning activities
E-invoicing
Reachable via Peppol
Peppol ID 0208:0426808809
Registered 20-11-2020

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

Register as of 29 September 2026 · Peppol Directory

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