Private limited company · founded 1988 · 38 yrs activeIsabellalaan 1, 8380 Brugge, BelgiumKBO/BCE: BE 0433.877.436
Summary
BREYDEL has been active since 1988 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €108,635 and a net result of €38,395. Equity remains stable across the filed fiscal years (±1.8% per year). Its solvency ranks better than 23% of 731 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
How financially healthy the company is, how likely a bankruptcy is and how much credit is sensible. Start here to know whether you can do business safely.
Score 2025
Checked score
A figure from 0 to 100 for financial health from the latest annual accounts: the higher, the healthier. Without a figure, the card says why. A low score is a reason to look closely at payment terms and security.
Four sides of financial health side by side. You see at a glance where the company is strong and where it is vulnerable.
Profitability49▼-12
Solvency38▲+4
Growth32▼-26
Track record100
Bankruptcy probability, 12 months
Bankruptcy probability
The chance that this company goes bankrupt within twelve months. A low chance is reassuring; with a higher one, agree shorter payment terms or an advance.
0.5%Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5,000 at 30 days acceptable
Liquidity tight (current ratio 1.13 against 1.09 in 2024; short-term debt: 85.4% and cash: 47.2% of total assets), and 87.2% of the assets are financed with debt.
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 37 days before the deadline; the sector median for financial year 2024 is 8 days before the deadline, and 36% 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 15 June (4 of the last 5 filed years within 30 days of that day).
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
History
The company's story in a few sentences, from the company register, the Belgian State Gazette and the filed annual accounts. Each number opens the document the sentence rests on.
BREYDEL was incorporated on 28 March 1988.1The board currently has 5 members; Peter Degroote has served longest, since 2020.2Total assets fell from EUR 1.2 million in 2018 to EUR 849,035 in 2025.3
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 52, Warehousing and support activities for transportation, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
Net result€61,384within the sector's middle half▲ 1.0%€84,221within the sector's middle half▲ 37.2%€102,843within the sector's middle half▲ 22.1%€113,143within the sector's middle half▲ 10.0%€38,395within the sector's middle half▼ 66.1%
Equity€778,336within the sector's middle half=€767,258within the sector's middle half▼ 1.4%€745,352within the sector's middle half▼ 2.9%€108,430below the sector's middle half▼ 85.5%€108,635within the sector's middle half▲ 0.2%
Total assets€1.1mwithin the sector's middle half▼ 4.9%€1.1mwithin the sector's middle half▲ 1.6%€1.2mwithin the sector's middle half▲ 2.6%€1.2mwithin the sector's middle half▲ 5.2%€849,035within the sector's middle half▼ 30.3%
Working capital€758,803above the sector's middle half▲ 1.0%€742,234above the sector's middle half▼ 2.2%€729,224within the sector's middle half▼ 1.8%€95,171within the sector's middle half▼ 86.9%€92,098within the sector's middle half▼ 3.2%
Solvency70.1%above the sector's middle half▲ 3.4pp68.0%above the sector's middle half▼ 2.1pp64.4%above the sector's middle half▼ 3.6pp8.9%below the sector's middle half▼ 55.5pp12.8%below the sector's middle half▲ 3.9pp
Current ratio3.38above the sector's middle half▲ 0.423.10above the sector's middle half▼ 0.282.84above the sector's middle half▼ 0.261.09within the sector's middle half▼ 1.761.13within the sector's middle half▲ 0.04
Return on assets (ROA)5.5%within the sector's middle half▲ 0.3pp7.5%within the sector's middle half▲ 1.9pp8.9%within the sector's middle half▲ 1.4pp9.3%within the sector's middle half▲ 0.4pp4.5%within the sector's middle half▼ 4.8pp
abovewithinbelowthe middle half (P25 to P75) of NACE 52, Warehousing and support activities for transportation, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 34% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €849,035
96.2%
Fixed assets€32,098 =
Current assets€816,936 ▼ 31.1%
Equity and liabilities €849,035
12.8%
87.2%
Equity€108,635 ▲ 0.2%
Debt€740,400 ▼ 33.3%
Debt's share of the balance-sheet total falls from 91.1% to 87.2%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
Debt to equity
6.82▼
2024 · 10.23
ROE
35.3%▼
2024 · 104.3%
Debt ≤ 1 year
€724,838▼
2024 · €1.1m
Income taxes
€15,444▲
2024 · €7,386
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observation
Peer companies
What happened to companies that once looked just like this one does now. It describes the group, not this company: the figures are counted, not predicted.
Of the 4,681 companies that looked in July 2024 the way this one looks now, 1.1% went bankrupt within 24 months and 97% are still going.
Small
20 years or older
solvency 10 to 30%
a profit under 5% of the balance sheet
1.1%went bankrupt
2.0%stopped otherwise
97%still going
For this company itself Checked computes a bankruptcy probability of 0.5% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
The companies in ten equal groups, from lowest to 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%
1.0%
6
1.3%
1.5%
7
1.6%
1.8%
8
1.8%
1.9%
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 4,681 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 accountsAs filed with the NBB · 2025 against 2024 · 37 lines
Balance sheetCode20242025
Assets
Total assets20/58€1.2m€849,035▼
Fixed assets21/28€32,098€32,098=
Financial fixed assets28€32,098€32,098=
Current assets29/58€1.2m€816,936▼
Amounts receivable within one year40/41€321,971€403,129▲
Trade receivables40€312,572€401,421▲
Other amounts receivable41€9,399€1,708▼
Cash at bank and in hand54/58€854,006€401,022▼
Deferred charges and accrued income490/1€9,802€12,785▲
Equity and liabilities
Total equity and liabilities10/49€1.2m€849,035▼
Equity10/15€108,430€108,635▲
Contributions10/11€108,430€108,430=
Reserves13-€205
Distributable reserves133-€205
Amounts payable17/49€1.1m€740,400▼
Amounts payable within one year42/48€1.1m€724,838▼
Trade debts44€340,543€684,148▲
Suppliers440/4€340,543€684,148▲
Taxes, remuneration and social security45-€2,500
Taxes450/3-€2,500
Other amounts payable47/48€750,065€38,190▼
Accrued charges and deferred income492/3€18,839€15,561▼
Income statementCode20242025
Other operating charges640/8€1,124€998▼
Gross operating margin9900€38,704€51,504▲
Operating profit (loss)9901€37,580€50,506▲
Financial income75/76B€82,949€3,333▼
Recurring financial income75€82,949€3,333▼
Profit (loss) for the period before taxes9903€120,529€53,839▼
Income taxes67/77€7,386€15,444▲
Profit (loss) for the period9904€113,143€38,395▼
Profit (loss) for the period to be appropriated9905€113,143€38,395▼
Appropriation of the result
Profit (loss) to be appropriated9906€113,143€38,395▼
Transfer from equity791/2€636,922-
Transfer to equity691/2-€205
To other reserves6921-€205
Profit to be distributed694/7€750,065€38,190▼
Return on contributions (dividend)694€750,065€38,190▼
The notes to these accounts (2 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Line
2021
2022
2023
2024
2025
Change
Non-recurring operating income76A
-
-
€51
-
-
-
Other operating charges640/8
€1,039
€1,040
€1,135
€1,124
€998
▼ 11.2%
Gross operating margin9900
€33,823
€36,859
€46,557
€38,704
€51,504
▲ 33.1%
Operating profit (loss)9901
€32,784
€35,819
€45,421
€37,580
€50,506
▲ 34.4%
Financial income75/76B
€36,930
€55,789
€68,416
€82,949
€3,333
▼ 96.0%
Recurring financial income75
€36,930
€55,789
€68,416
€82,949
€3,333
▼ 96.0%
Profit (loss) for the period before taxes9903
€69,714
€91,608
€113,838
€120,529
€53,839
▼ 55.3%
Income taxes67/77
€8,329
€7,387
€10,995
€7,386
€15,444
▲ 109%
Profit (loss) for the period9904
€61,384
€84,221
€102,843
€113,143
€38,395
▼ 66.1%
Profit (loss) for the period to be appropriated9905
€61,384
€84,221
€102,843
€113,143
€38,395
▼ 66.1%
Line
2021
2022
2023
2024
2025
Change
Assets
Total assets20/58
€1.1m
€1.1m
€1.2m
€1.2m
€849,035
▼ 30.3%
Fixed assets21/28
€32,098
€32,098
€32,098
€32,098
€32,098
=
Financial fixed assets28
€32,098
€32,098
€32,098
€32,098
€32,098
=
Current assets29/58
€1.1m
€1.1m
€1.1m
€1.2m
€816,936
▼ 31.1%
Amounts receivable within one year40/41
€268,562
€538,964
€289,482
€321,971
€403,129
▲ 25.2%
Trade receivables40
€258,041
€523,680
€280,818
€312,572
€401,421
▲ 28.4%
Other amounts receivable41
€10,521
€15,284
€8,664
€9,399
€1,708
▼ 81.8%
Cash at bank and in hand54/58
€797,136
€549,023
€818,320
€854,006
€401,022
▼ 53.0%
Deferred charges and accrued income490/1
€12,398
€7,718
€17,246
€9,802
€12,785
▲ 30.4%
Equity and liabilities
Total equity and liabilities10/49
€1.1m
€1.1m
€1.2m
€1.2m
€849,035
▼ 30.3%
Equity10/15
€778,336
€767,258
€745,352
€108,430
€108,635
▲ 0.2%
Contributions10/11
€192,790
€190,290
€185,290
€108,430
€108,430
=
Capital10
€175,000
€172,500
-
-
-
-
Issued capital100
€175,000
€172,500
-
-
-
-
Outside capital11
€17,790
€17,790
-
-
-
-
Share premium1100/10
€17,790
€17,790
-
-
-
-
Reserves13
€585,546
€576,968
€560,062
-
€205
-
Non-distributable reserves130/1
€17,500
€17,500
-
-
-
-
Legal reserve130
€17,500
€17,500
-
-
-
-
Distributable reserves133
€568,046
€559,468
€560,062
-
€205
-
Amounts payable17/49
€331,858
€360,545
€411,795
€1.1m
€740,400
▼ 33.3%
Amounts payable within one year42/48
€319,293
€353,471
€395,824
€1.1m
€724,838
▼ 33.5%
Trade debts44
€254,618
€269,291
€293,314
€340,543
€684,148
▲ 101%
Suppliers440/4
€254,618
€269,291
€293,314
€340,543
€684,148
▲ 101%
Taxes, remuneration and social security45
€3,425
-
-
-
€2,500
-
Taxes450/3
€3,425
-
-
-
€2,500
-
Other amounts payable47/48
€61,250
€84,180
€102,510
€750,065
€38,190
▼ 94.9%
Accrued charges and deferred income492/3
€12,565
€7,074
€15,970
€18,839
€15,561
▼ 17.4%
Line
2021
2022
2023
2024
2025
Change
Profit (loss) for the period9904
€61,384
€84,221
€102,843
€113,143
€38,395
▼ 66.1%
Operating cash flow (approximation)
€61,384
€84,221
€102,843
€113,143
€38,395
▼ 66.1%
Investment in fixed assets (approximation)
-
€0
-€0
€0
-€0
▼ 200%
Change in cash
-
-€248,113
€269,297
€35,686
-€452,984
▼ 1,369%
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Director reappointment, Roland Detienne (director)
Director reappointment, Paul Haems (director)
Director reappointment, Raymond Troch (director)
Director resignation, Amadé Van Herreweghe (director)
Director appointment, Joris Praet (director)
Auditor reappointment, Ernst & Young Bedrijfsrevisoren BCVBA
Board composition, Roland Detienne (director)
Board composition, Marc Adriansens (director)
Board composition, Joris Praet (director)
Board composition, Raymond Troch (director)
Board composition, Paul Haems (director)
+2 further facts in this act
16-05
NBB filingAnnual accounts filed
fiscal year 2017 · abbreviated schema
2017
28-09
State Gazette actReappointments: Marc Adriansens, Robert Merckaert and Amadé Van Herreweghe
Resignation: Victor Desmytter (director) · Appointment: Paul Haems (director) · Mandate compensation13 facts ▸
General meeting, 16-05-2017
Director reappointment, Marc Adriansens (director)
Director reappointment, Robert Merckaert (director)
Director reappointment, Amadé Van Herreweghe (director)
Director resignation, Victor Desmytter (director)
Director appointment, Paul Haems (director)
Board composition, Roland Detienne (director)
Board composition, Marc Adriansens (director)
Board composition, Amadé Van Herreweghe (director)
Board composition, Raymond Troch (director)
Board composition, Paul Haems (director)
Board composition, Robert Merckaert (director)
+1 further facts in this act
17-05
NBB filingAnnual accounts filed
fiscal year 2016 · abbreviated schema
2015
12-06
State Gazette actReappointment: Ernst & Young Bedrijfsrevisoren BCVBA (statutory auditor)
Mandate compensation · Power of attorney10 facts ▸
General meeting, 19-05-2015
Auditor reappointment, Ernst & Young Bedrijfsrevisoren BCVBA
Board composition, Robert Merckaert (director)
Board composition, Amedé Van Herreweghe (director)
Board composition, Marc Adriansens (director)
Board composition, Raymond Troch (director)
Board composition, Roland Detienne (director)
Board composition, Victor Desmytter (director)
Mandate compensation, BREYDEL
Power of attorney, Ömer Turna
2013
07-06
State Gazette actResignation: Alain Van Mullem (director)
Appointments: Amedé Van Herreweghe, Ernst & Young Bedrijfsrevisoren BCVBA and Roland Detienne · Mandate compensation12 facts ▸
General meeting, 21-05-2013
Director resignation, Alain Van Mullem (director)
Director appointment, Amedé Van Herreweghe (director)
Board composition, Robert Merckaert (director)
Board composition, Amedé Van Herreweghe (director)
Board composition, Marc Adriansens (director)
Board composition, Raymond Troch (director)
Board composition, Roland Detienne (director)
Board composition, Victor Desmytter (director)
Mandate compensation, BREYDEL
Auditor appointment, Ernst & Young Bedrijfsrevisoren BCVBA (statutory auditor)
Director appointment, Roland Detienne (chair)
2012
06-07
State Gazette actReappointments: Raymond Troch, Victor Desmytter and 2 others
Resignation: Robert Restiau (director) · Appointment: Robert Merckaert (director) · Permanent representative: Ömer Turna15 facts ▸
General meeting, 15-05-2012
Director reappointment, Raymond Troch (director)
Director reappointment, Victor Desmytter (director)
Director reappointment, Roland Detienne (director)
Director resignation, Robert Restiau (director)
Director appointment, Robert Merckaert (director)
Permanent representative, Ömer Turna
Auditor reappointment, Ernst & Young Bedrijfsrevisoren BCVBA
Board composition, Robert Merckaert (director)
Board composition, Alain Van Mullem (director)
Board composition, Marc Adriansens (director)
Board composition, Raymond Troch (director)
+3 further facts in this act
2011
06-06
State Gazette actResignations: Marc Adriansens, Robert Restiau and 2 others
Reappointments: Marc Adriansens, Robert Restiau and Alain Van Mullem · Appointments: Victor Desmytter (director) and Ernst & Young Bedrijfsrevisoren BCVBA (statutory auditor) · Mandate compensation17 facts ▸
General meeting, 17-05-2011
Director resignation, Marc Adriansens (director)
Director resignation, Robert Restiau (director)
Director resignation, Alain Van Mullem (director)
Director reappointment, Marc Adriansens (director)
Director reappointment, Robert Restiau (director)
Director reappointment, Alain Van Mullem (director)
Director resignation, Joannes Blommaert (director)
Director appointment, Victor Desmytter (director)
Board composition, Robert Restiau (director)
Board composition, Alain Van Mullem (director)
Board composition, Marc Adriansens (director)
+5 further facts in this act
2009
29-05
State Gazette actResignation: Cyriel De Clercq (director)
Reappointment: Ernst & Young Bedrijfsrevisoren BCVBA (statutory auditor) · Appointment: Roland Detienne (day-to-day manager) · Mandate compensation13 facts ▸
General meeting, 19-05-2009
Director resignation, Cyriel De Clercq (director)
Auditor reappointment, Ernst & Young Bedrijfsrevisoren BCVBA
Board composition, Robert Restiau (director)
Board composition, Alain Van Mullem (director)
Board composition, Marc Adriansens (director)
Board composition, Raymond Troch (director)
Board composition, Roland Detienne (director)
Board composition, Joannes Blommaert (director)
Mandate compensation, BREYDEL
Board meeting, 08-04-2009
Director resignation, Cyriel De Clercq (day-to-day manager)
+1 further facts in this act
2008
02-06
State Gazette actResignation: Guido Cornelis (director)
Appointments: Marc Adriansens, Ernst & Young Bedrijfsrevisoren BCVBA and Robert Restiau · Permanent representative: Jef Van de Weyer13 facts ▸
General meeting, 20-05-2008
Director resignation, Guido Cornelis (director)
Director appointment, Marc Adriansens (director)
Board composition, Robert Restiau (director)
Board composition, Alain Van Mullem (director)
Board composition, Marc Adriansens (director)
Board composition, Raymond Troch (director)
Board composition, Roland Detienne (director)
Board composition, John Blommaert (director)
Board composition, Cyriel De Clercq (director)
Auditor appointment, Ernst & Young Bedrijfsrevisoren BCVBA (statutory auditor)
Permanent representative, Jef Van de Weyer (company auditor)
+1 further facts in this act
2007
11-06
State Gazette actResignations: Jeroen Den Haerynck (director) and Didier Verhaert (director)
Appointments: Raymond Troch, John Blommaert and Ernst & Young Bedrijfsrevisoren BCVBA13 facts ▸
General meeting, 30-05-2007
Director resignation, Jeroen Den Haerynck (director)
Director resignation, Didier Verhaert (director)
Director appointment, Raymond Troch (director)
Director appointment, John Blommaert (director)
Board composition, Robert Restiau (director)
Board composition, Alain Van Mullem (director)
Board composition, Guido Cornelis (director)
Board composition, Raymond Troch (director)
Board composition, Roland Detienne (director)
Board composition, John Blommaert (director)
Board composition, Cyriel De Clercq (director)
+1 further facts in this act
2006
15-06
State Gazette actResignations: Jeroen Den Haerynck, Roland Detienne and Didier Verhaert
Reappointments: Jeroen Den Haerynck, Roland Detienne and Didier Verhaert · Appointment: Ernst & Young Bedrijfsrevisoren BCVBA (statutory auditor) · Permanent representative: Jef Van de Weyer16 facts ▸
General meeting, 24-05-2006
Director resignation, Jeroen Den Haerynck (director)
Director resignation, Roland Detienne (director)
Director resignation, Didier Verhaert (director)
Director reappointment, Jeroen Den Haerynck (director)
Director reappointment, Roland Detienne (director)
Director reappointment, Didier Verhaert (director)
Auditor appointment, Ernst & Young Bedrijfsrevisoren BCVBA
Permanent representative, Jef Van de Weyer
Board composition, Robert Restiau (director)
Board composition, Alain Van Mullem (director)
Board composition, Guido Cornelis (director)
+4 further facts in this act
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
16 of 16 acts read
Directors · office · real estate
Directors and office
Who runs the company and where it is based. It tells you who you are talking to and whether the address checks out.
Directors
Directors
Who runs the company today and since when, grouped the way the CBE groups its function holders. Many recent board changes are a reason to keep a close eye.
Permanent representative · since 31-05-2022 · for KSH B.V.
Current
Statutory auditor 1
EB
EY Bedrijfsrevisoren BV
Auditor · since 24-05-2006
Current
Derived from published Gazette acts. The CBE keeps the official list of function holders; we do not read it, so the two can differ.
See the function holders in the CBE →
Location & real-estate footprint
Location & real estate
Where the company is based and which parcels are linked to its addresses. An address shared by many companies is often a registered-office service.
Isabellalaan 1, 8380 BruggeWired, wireless and satellite telecommunications
since 19882.017.469.247
1 parcel
Flanders1(100%)
Parcel (capakey)
Region
Area
Buildings
Height / fl.
31812S0246/00B000
Flanders
2,909 m²
1 · 2,909 m²
37.1 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.
Mandate history
Mandate history
Who held which function and when, per person: one bar per period, from appointment to resignation or to today. An open left edge means the mandate began before the oldest act we hold.
Who owns the company and which companies it holds shares in, as the companies file it in their annual accounts. It shows which group it belongs to and who ultimately stands behind it.
According to the 2025 annual accounts of BREYDEL and those 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
Connections & network
Which other companies are linked to this one through directors or shares. Look especially for linked companies in trouble.
10 connected companies
Depth
Shared directors
This companyCompanyDirectorShareholding+N: links not shown yetClick a node to look further, drag to arrange, scroll to zoom.
Of 273 companies in sector 52241 we hold annual accounts for 211. 117 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Company details
The company's official details: legal form, status, activities and founding date. Useful to draw up an invoice or contract correctly.
Identification
Legal formPrivate limited company
Founded28-03-1988
Fiscal year end31-12
Activities, NACEBEL 2025
52241Warehousing and support activities for transportation
Contact
Phone03 205 94 30Brugge
E-invoicing
Reachable via Peppol
Peppol ID0208:0433877436
Registered03-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.