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BREUER - TECHNICAL - DEVELOPMENT

Active Private limited company (pre-2019)founded 1986active for 39 yearsAvenue de Norvège 6, 4960 MalmedyKBO/BCE: BE 0430.076.224 #3 company by equity in Malmedy, Professional and technical services sector

Lifetime

19 annual accounts with figures on one time axis, 38 filings since 1987
peak €1.2m (2014)
-€240,950▼ €306,769
lowest -€514,506 (2024)
€106,374▲ €620,880
peak €9.3m (2025)
€9.3m▲ 196%
€301,040▲ 93.4%
peak 10.8 FTE (2025)
10.8 FTE▲ 50.0%
Board1 name since 2021
1 director
Documentsfilings and deeds
11-06-202650 days before the deadline
2025financial year
Gross margin from €65,819 to -€240,950Back to profit: €106,374Staff from 7.2 FTE to 10.8 FTEDividend €50,000Equity from €3.1m to €9.3mDebts from €155,666 to €301,040

Key points

from the 2025 annual accounts

Equity

€9.3m ▲ 196%
€3.1m2024€9.3m2025

Equity rose in 2025 from €3.1m to €9.3m.

Debts

€301,040 ▲ 93.4%
Taxes and wages
+50,041
Suppliers
+47,833
The rest
+47,500

Debts rose by €145,374 in 2025.

Investments

€855,664 8.6 × depreciation
202120242025

Green is investment, beige is depreciation. Land and buildings stand 408.8% higher than in 2024.

Staff

13 employees on 31-12-2025
242021302022222023762024732025

In 2025, 7 people joined and 3 left.

Filings

38 annual accounts since 1987
AprilJune31 JulyOctober1990200020102020

The last five annual accounts were filed 19 to 50 days before the end of the period.

Position in the sector

96.9%

Higher solvency than 90% of companies in research and development. Sector median 52.1% · 121 companies.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 14,768 companies had the same profile as BREUER - TECHNICAL - DEVELOPMENT has now. Each dot stands for 37 companies, two years later.

96.1%
were still trading
3.5%
stopped another way
0.2%
went bankrupt
  • Small
  • 20 years or older
  • solvency 30% or more
  • a profit under 5% of the balance sheet

Another 0.1% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 2.9% 3.1%
10 5.6% 6.1%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 14,768 companies, not a prediction for BREUER - TECHNICAL - DEVELOPMENT. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

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Signals

Board and ownership

Director
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0430076224
Change of role: , from statutory manager to statutory director Legal-form conversion: to private limited company · General meeting of 30-11-2023 · Gazette deed
First establishment Avenue de Norvège 6, Malmedy
Incorporation published on 15-01-1987 · Gazette deed
All 53 events

Comparable companies

same main activity, similar in size and age
Company
BREUER - TECHNICAL - DEVELOPMENT Malmedy €9.6m -€0.2m 96.9% 10.8
STICHTING ALZHEIMER ONDERZOEK Brussels €12.7m -€1.0m 26.2% 4
reMYND Leuven €3.1m -€0.2m -2.7% 21.1
ENDO TOOLS THERAPEUTICS Charleroi €5.1m -€2.2m -294.9% 19.4
ACADEMIC MEDICAL INTERDISCIPLINARY RESEARCH FOUNDATION - RECHERCHE ACADEMIQUE MEDICALE INTERDISCIPLINAIRE FOUNDATION Lasne €5.9m -€0.2m 100.0% -
Bedal International Diepenbeek €4.5m -€1.3m 78.2% 9
EMDOKA Hoogstraten €9.5m - 78.3% 14.1

These companies have the same main activity as BREUER - TECHNICAL - DEVELOPMENT: other research and development on natural sciences (NACE 72109). They are comparable in size and age: total assets between €3.1m and €13m, founded between 1992 and 2011.

Official details

Source: KBO
Status
Active since 23-12-1986Normal situation
Activity
Other research and development on natural sciencesNACE 72109and 5 others
Establishment unit
2.031.538.0094960 Malmedy, since 01-01-2000
Financial year end
31 December
Peppol
Reachable since 21-10-2026
Company details

Annual accounts 2025

€9.6m▲ 191%
Employeeson 31-12-2025
13▲ 44.4%
Filing
Filed on 11-06-2026, 50 days before the end of the filing period
Financials

Insights on BREUER - TECHNICAL - DEVELOPMENT

BREUER - TECHNICAL - DEVELOPMENT has existed since 1986. The gross margin fell from €691,446 in 2023 to €65,819 in 2024.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about BREUER - TECHNICAL - DEVELOPMENT

What is the company number of BREUER - TECHNICAL - DEVELOPMENT?
The company number of BREUER - TECHNICAL - DEVELOPMENT is 0430.076.224. The VAT number is the same number with BE in front: BE 0430.076.224.
Where is BREUER - TECHNICAL - DEVELOPMENT based?
The registered office is at Avenue de Norvège 6, 4960 Malmedy.Company details
What does BREUER - TECHNICAL - DEVELOPMENT do?
According to the KBO register, the main activity is other research and development on natural sciences (NACE 72109).
What is the legal form of BREUER - TECHNICAL - DEVELOPMENT?
BREUER - TECHNICAL - DEVELOPMENT is a private limited company (pre-2019) (BVBA).
When was BREUER - TECHNICAL - DEVELOPMENT founded?
BREUER - TECHNICAL - DEVELOPMENT was founded on 23-12-1986.
Is BREUER - TECHNICAL - DEVELOPMENT still active?
Yes, BREUER - TECHNICAL - DEVELOPMENT is an active enterprise in the KBO register.
How many employees does BREUER - TECHNICAL - DEVELOPMENT have?
BREUER - TECHNICAL - DEVELOPMENT had an average of 10.8 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of BREUER - TECHNICAL - DEVELOPMENT?
The annual accounts for financial year 2025 state no turnover.
Is BREUER - TECHNICAL - DEVELOPMENT profitable?
In financial year 2025, BREUER - TECHNICAL - DEVELOPMENT made a profit of €106,374.
Where can I find the annual accounts of BREUER - TECHNICAL - DEVELOPMENT?
BREUER - TECHNICAL - DEVELOPMENT filed 38 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of BREUER - TECHNICAL - DEVELOPMENT due?
BREUER - TECHNICAL - DEVELOPMENT must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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