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BRETHOLZ SOLUTIONS SRL

Active
Private limited companyfounded 2017active for 9 yearsLouizalaan 231, 1050 Brussels, BelgiumKBO/BCE: BE 0681.481.715
Summary

The computed 12-month bankruptcy probability of BRETHOLZ SOLUTIONS SRL is 1.7% (moderate). The 2024 annual accounts show equity of €51,362 and a net result of €15,445. Equity has been growing by about 10% per year since 2018. Its solvency ranks better than 24% of 866 sector peers (NACE 58, financial year 2024). The company has been active since 2017 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

Source: KBO
Status
Active since 18-09-2017 Normal situation
Registered office
579 active companies are registered at this address 51 started in the 12 months before. Source: KBO register, as of 5 November 2026.
Activity
Other software publishing NACE 58290and 5 others
Establishment unit
2.268.075.774 1050 Ixelles, since 01-10-2017
Financial year end
31 December
Peppol
Reachable since 30-12-2025

Board and ownership

Board

Financial position

55 Fair Checked score 2024
Bankruptcy probabilitywithin 12 months
1.7%
Annual accounts 2024
Gross margin
€36,218
▲ 221%
Turnover
≈ €150,000
estimated
Profit
€15,445
Equity
€51,362
▲ 43.0%
Total assets
€524,644
▲ 83.5%
  • 2025 accounts not filed, 97 days past the deadline
Score breakdownraises riskFigures for financial year 2024 (filed on 04-09-2025)1 change of registered office in 24 monthslowers riskSector: Publishing activities (NACE 58)Liquidity: current ratio 1.08, cash €189,590Show the evidence

Checked score

Score 2024
55 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 48% of micro companies in publishing (NACE 58)
Financial strength · tick: 2023
Average
Solvency 35-3
equity 9.8% of total assets
Liquidity 45+41
short-term debt 90.2% · cash 36.1%
Profitability 72+4
return on assets 2.9%
Bankruptcy probability within 12 months
1.7% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (1,284 companies, NACE 58, micro)
Last 24 months 12-2024: 0.4% 01-2025: 0.4%● unchanged vs 12-2024 02-2025: 0.4%● unchanged vs 01-2025 03-2025: 0.4%● unchanged vs 02-2025 04-2025: 0.4%● unchanged vs 03-2025 05-2025: 0.4%● unchanged vs 04-2025 06-2025: 0.3%▼ -0.1 percentage points vs 05-2025 07-2025: 0.4%▲ +0.1 percentage points vs 06-2025 08-2025: 0.7%▲ +0.3 percentage points vs 07-2025 09-2025: 0.8%▲ +0.1 percentage points vs 08-2025 10-2025: 0.1%▼ -0.7 percentage points vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025lowest value 12-2025: 0.1%● unchanged vs 11-2025lowest value 01-2026: 0.1%● unchanged vs 12-2025lowest value 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026 08-2026: 0.6%▲ +0.5 percentage points vs 07-2026 09-2026: 0.8%▲ +0.2 percentage points vs 08-2026 10-2026: 1.7%▲ +0.9 percentage points vs 09-2026highest value 11-2026: 1.7%● unchanged vs 10-2026highest value
Credit of up to €2,500 on 30-day terms, only on tighter conditions: an expected filing is missing beyond Checked's processing allowance
Liquidity is tight, with a current ratio of 1.08 (1.08 in 2023), below the usual 1.5. Short-term debt is 90.2% and cash 36.1% of total assets. 90.2% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 58, micro). It does better than 26% of them on solvency, 31% on liquidity, 52% on profitability and 83% on growth.

The bankruptcy probability was computed on 04-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

The probability rests on the annual accounts with balance sheet date 31-12-2024.

Of the companies with a bankruptcy probability in the moderate class on 30-06-2025, 2.4% went bankrupt within twelve months.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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Signals

Seven signals.
lowers riskraises risk
raises risk · Figures for financial year 2024 (filed on 04-09-2025)
NBB · annual accounts
lowers risk · Sector: Publishing activities (NACE 58)
KBO
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
lowers risk · Liquidity: current ratio 1.08, cash €189,590
NBB · annual accounts
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 24% of 866 sector peers (2024).
NBB · sector comparison
Position among 866 sector peers
Solvency
better than 24%
← weakest strongest →
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 97 days later.
NBB · 7 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline05-11-2026 today
raises risk · 2024 accounts filed 29 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-08-2025, 29 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 7 filings
Deviation from the deadline
2025
not filed
2024
29 days late
2023
on the day
2022
7 days early
2021
8 days late
2020
2 days early
2019
on the day
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 6 accounts on average 5 days after the deadline. In the sector (NACE 58), the median for financial year 2024 was 7 days before the deadline, and 37% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Larger balance sheet than 86% of companies in publishingsector median €130,722 · 866 companies €524,644 View

Recent changes

  1. · Gazette deed Registered office moved within IxellesNew registered office: Avenue Louise 231, 1050 Ixelles · Previous registered office: Avenue Louise 523, 1050 Ixelles
  2. · Gazette deed Resignation: Bretholz David (director)Appointment: Bretholz Simon (director)
  3. · Gazette deed Company renamed from TARGET SYSTEMS to BRETHOLZ SOLUTIONS SRLChange of role: BRETHOLZ David, from manager to director
All 15 events

Comparable companies

These companies have the same main activity as BRETHOLZ SOLUTIONS SRL: other software publishing (NACE 58290). They are comparable in size and age: total assets between €374,000 and €478,000, founded between 2015 and 2019.

CompanyTotal assetsGross margin
BRETHOLZ SOLUTIONS SRL Brussels€524,644€36,218
IoTCo Liège€451,012€49,672
Quimeta Oosterzele€418,244€49,170
ZENO-Indices Liège€478,367€44,018
XIMAS Tienen€374,093€40,816
Kurt Munsters Bilzen-Hoeselt€383,074€54,717
LAVA Projects Denderleeuw€422,094€75,309
Full comparison

Key facts about BRETHOLZ SOLUTIONS SRL

What is the company number of BRETHOLZ SOLUTIONS SRL?
The company number of BRETHOLZ SOLUTIONS SRL is 0681.481.715. The VAT number is the same number with BE in front: BE 0681.481.715.
Where is BRETHOLZ SOLUTIONS SRL based?
The registered office is at Louizalaan 231, 1050 Brussels.Company details
What does BRETHOLZ SOLUTIONS SRL do?
According to the KBO register, the main activity is other software publishing (NACE 58290).
What is the legal form of BRETHOLZ SOLUTIONS SRL?
BRETHOLZ SOLUTIONS SRL is a private limited company (BV).
When was BRETHOLZ SOLUTIONS SRL founded?
BRETHOLZ SOLUTIONS SRL was founded on 18-09-2017.
Is BRETHOLZ SOLUTIONS SRL still active?
Yes, BRETHOLZ SOLUTIONS SRL is an active enterprise in the KBO register.
What is the turnover of BRETHOLZ SOLUTIONS SRL?
The turnover in financial year 2024 is ≈ €150,000. This figure is estimated from the gross margin of €36,218 and 2,953 comparable companies of the same size. It probably lies between €88,000 and €260,000. It is a rough estimate.Financials
Is BRETHOLZ SOLUTIONS SRL profitable?
In financial year 2024, BRETHOLZ SOLUTIONS SRL made a profit of €15,445.
Where can I find the annual accounts of BRETHOLZ SOLUTIONS SRL?
BRETHOLZ SOLUTIONS SRL filed 7 annual accounts with the National Bank of Belgium, the latest for financial year 2024.

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