Brevet
ActiveSummary
Brevet has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €114,392 and a net result of €49,044. Equity is growing by ~58.4% per year across the filed fiscal years. Its solvency ranks better than 49% of 2074 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability91▼-1
Solvency67▲+8
Growth78=
Track record94
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €9,000 at 30 days acceptable
Liquidity tight (current ratio 1.34 against 1.17 in 2024; short-term debt: 43.4% and cash: 43.1% of total assets), and 57.6% 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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 85
Relative position
BE, all sectors
reference
Education (NACE 85)
about 77% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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 · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
42.4%
Return on assets
18.2%
Age of the figures
9 mo
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 14-07-2026, 17 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
17 d early
2024
45 d early
2023
20 d early
2022
52 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 4 accounts on average 34 days before the deadline; the sector median for financial year 2024 is 16 days before the deadline, and 32% of the sector filed late.
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. Usually files around 29 June (4 of the last 4 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check What other support did companies like this one receive, and it did not?Public money How does this company compare with its sector?Sector benchmark
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Financials · fiscal year 2025, micro schema
Equity
€114,392▲ 75.1%
2024 · €65,348
Total assets
€269,826▲ 40.0%
2024 · €192,690
Net result
€49,044▲ 34.9%
2024 · €36,363
Working capital
€39,871▲ 128%
2024 · €17,497
Trend over the years
In euros
In per cent
Ratio
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
In full-time equivalents (FTE)
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 85, Education, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line2022202320242025
Operating result€31,387--€9,608€45,051€66,611▲ 47.9%
Net result€23,862within the sector's middle half--€9,877below the sector's middle half€36,363above the sector's middle half€49,044above the sector's middle half▲ 34.9%
Equity€38,862within the sector's middle half-€28,985within the sector's middle half▼ 25.4%€65,348within the sector's middle half▲ 125%€114,392above the sector's middle half▲ 75.1%
Total assets€50,922within the sector's middle half-€43,360within the sector's middle half▼ 14.9%€192,690within the sector's middle half▲ 344%€269,826above the sector's middle half▲ 40.0%
Debt€12,060-€14,375▲ 19.2%€127,342▲ 786%€155,434▲ 22.1%
Working capital€34,753within the sector's middle half-€26,563within the sector's middle half▼ 23.6%€17,497within the sector's middle half▼ 34.1%€39,871within the sector's middle half▲ 128%
Solvency76.3%above the sector's middle half-66.8%within the sector's middle half▼ 9.5pp33.9%within the sector's middle half▼ 32.9pp42.4%within the sector's middle half▲ 8.5pp
Current ratio3.88above the sector's middle half-2.86within the sector's middle half▼ 1.031.17within the sector's middle half▼ 1.691.34within the sector's middle half▲ 0.17
Return on assets (ROA)46.9%above the sector's middle half--22.8%below the sector's middle half▼ 69.6pp18.9%within the sector's middle half▲ 41.7pp18.2%within the sector's middle half▼ 0.7pp
Staff (FTE)0.61▲ 66.7%1.5▲ 50.0%
above
within
below
the middle half (P25 to P75) of NACE 85, Education, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 48% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €269,826
Fixed assets
€112,889 ▲ 57.9%
Current assets
€156,937 ▲ 29.5%
Equity and liabilities €269,826
Equity
€114,392 ▲ 75.1%
Debt
€155,434 ▲ 22.1%
Debt's share of the balance-sheet total falls from 66.1% to 57.6%. Equity and debt are higher.
Key figures and ratios
EBITDA
€92,075▲
2024 · €55,388
Cash flow
€74,508▲
2024 · €46,700
Debt to equity
1.36▼
2024 · 1.95
ROE
42.9%▼
2024 · 55.6%
Interest coverage
22.74▼
2024 · 111.99
Debt ≤ 1 year
€117,066▲
2024 · €103,691
Debt > 1 year
€38,368▲
2024 · €23,191
Income taxes
€13,522▲
2024 · €8,197
Staff costs
€97,032▲
2024 · €59,257
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 39,278 companies that looked in July 2024 the way this one looks now, 1.8% 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
1.8%
went bankrupt
2.3%
stopped otherwise
96%
still going
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 0.3% 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 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% 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 39,278 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
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €27,043 | €59,257 | €97,032 | ▲ 63.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,604 | €1,623 | €10,337 | €25,464 | ▲ 146% |
| Other operating charges640/8 | - | €1,104 | €850 | €731 | ▼ 14.0% |
| Gross operating margin9900 | €32,991 | €20,161 | €115,495 | €189,839 | ▲ 64.4% |
| Operating profit (loss)9901 | €31,387 | -€9,608 | €45,051 | €66,611 | ▲ 47.9% |
| Financial income75/76B | - | - | €3 | €4 | ▲ 49.7% |
| Recurring financial income75 | - | - | €3 | €4 | ▲ 49.7% |
| Financial charges65/66B | - | €86 | €495 | €4,049 | ▲ 719% |
| Recurring financial charges65 | - | €86 | €495 | €4,049 | ▲ 719% |
| Profit (loss) for the period before taxes9903 | €31,387 | -€9,695 | €44,559 | €62,567 | ▲ 40.4% |
| Income taxes67/77 | €7,525 | €182 | €8,197 | €13,522 | ▲ 65.0% |
| Profit (loss) for the period9904 | €23,862 | -€9,877 | €36,363 | €49,044 | ▲ 34.9% |
| Profit (loss) for the period to be appropriated9905 | €23,862 | -€9,877 | €36,363 | €49,044 | ▲ 34.9% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €50,922 | €43,360 | €192,690 | €269,826 | ▲ 40.0% |
| Fixed assets21/28 | €4,109 | €2,486 | €71,502 | €112,889 | ▲ 57.9% |
| Tangible fixed assets22/27 | €4,109 | €2,486 | €71,502 | €112,889 | ▲ 57.9% |
| Plant, machinery and equipment23 | - | - | €2,292 | €1,762 | ▼ 23.1% |
| Furniture and vehicles24 | €4,109 | €2,486 | €69,209 | €111,127 | ▲ 60.6% |
| Current assets29/58 | €46,813 | €40,874 | €121,188 | €156,937 | ▲ 29.5% |
| Amounts receivable within one year40/41 | €23,849 | €19,084 | €49,568 | €36,628 | ▼ 26.1% |
| Trade receivables40 | €20,789 | €18,667 | €49,438 | €29,984 | ▼ 39.4% |
| Other amounts receivable41 | €3,060 | €417 | €130 | €6,644 | ▲ 5,030% |
| Cash at bank and in hand54/58 | €22,964 | €19,862 | €70,811 | €116,201 | ▲ 64.1% |
| Deferred charges and accrued income490/1 | - | €1,929 | €810 | €4,109 | ▲ 407% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €50,922 | €43,360 | €192,690 | €269,826 | ▲ 40.0% |
| Equity10/15 | €38,862 | €28,985 | €65,348 | €114,392 | ▲ 75.1% |
| Contributions10/11 | €15,000 | €15,000 | €15,000 | €15,000 | = |
| Reserves13 | - | - | €50,348 | €99,392 | ▲ 97.4% |
| Distributable reserves133 | - | - | €50,348 | €99,392 | ▲ 97.4% |
| Profit (loss) carried forward14 | €23,862 | €13,985 | - | - | - |
| Amounts payable17/49 | €12,060 | €14,375 | €127,342 | €155,434 | ▲ 22.1% |
| Amounts payable after more than one year17 | - | - | €23,191 | €38,368 | ▲ 65.4% |
| Financial debts170/4 | - | - | €23,191 | €38,368 | ▲ 65.4% |
| Amounts payable within one year42/48 | €12,060 | €14,311 | €103,691 | €117,066 | ▲ 12.9% |
| Current portion of amounts payable after more than one year42 | - | - | €7,882 | €17,635 | ▲ 124% |
| Trade debts44 | €4,535 | €14,129 | €33,257 | €25,179 | ▼ 24.3% |
| Suppliers440/4 | €4,535 | €14,129 | €33,257 | €25,179 | ▼ 24.3% |
| Taxes, remuneration and social security45 | €7,525 | €182 | €25,052 | €34,877 | ▲ 39.2% |
| Taxes450/3 | €7,525 | €182 | €21,811 | €31,045 | ▲ 42.3% |
| Remuneration and social security454/9 | - | - | €3,241 | €3,831 | ▲ 18.2% |
| Other amounts payable47/48 | - | - | €37,500 | €39,375 | ▲ 5.0% |
| Accrued charges and deferred income492/3 | - | €64 | €460 | - | - |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €23,862 | -€9,877 | €36,363 | €49,044 | ▲ 34.9% |
| + Depreciation and write-downs630 | €1,604 | €1,623 | €10,337 | €25,464 | ▲ 146% |
| Operating cash flow (approximation) | €25,466 | -€8,254 | €46,700 | €74,508 | ▲ 59.5% |
| Investment in fixed assets (approximation) | - | €0 | -€79,353 | -€66,851 | ▲ 15.8% |
| Change in cash | - | -€3,102 | €50,949 | €45,390 | ▼ 10.9% |
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
14-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2022net €49,044 ▲34.9%
Operating result €66,611, net result €49,044, both a record.
31-12
Financial
Equity above €100,000Eq €114,392 ▲75.1%
2 profitable years in a row build equity to €114,392.
16-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €36,363
Net result €36,363 after one loss-making year.
11-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet -€9,877
Net result drops to -€9,877, the lowest in the series; recovery starts the following year.
09-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 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, Oudenaarde · 1 establishment unit since 2021
Ground area
1.5 ha
Building footprint
7,684 m²
Volume, LiDAR
3,210 m³
Parcel 45508A0120/00P000, Flanders · tallest building 7.3 m. Linked by address, not a title deed.
5
companies at this address
See who is registered here
1 establishment unit
Brevet
since 20212.324.479.888
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 45508A0120/00P000 | Flanders | 1.5 ha | 1 · 7,683 m² | 7.3 m |
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.
Public money · subsidies and aid
Flemish government
2023 to 2024 · 2 entries · 405 EUR awarded · 405 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 330 EUR | 330 EUR |
| 2023 | 1 | 75 EUR | 75 EUR |
Recognitions · licences · registrations
Quality registration as a provider
1 live approvalQuality registration as a provider
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Of 11,670 companies in sector 85599 we hold annual accounts for 1,330. 1,021 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
Founded28-10-2021
Fiscal year end31-12
Activities, NACEBEL 2025
85592Vocational training
85599Other education
Contact
E-mail
dignum.bossuyt@vdd.beOudenaarde
E-invoicing
Reachable via Peppol
Peppol ID
0208:0776643762
Also
9925:BE0776643762
Registered
13-03-2024
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.