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BRIBOELOE

Active
Private limited companyfounded 20179 yrs activeNederkouter 50, 9000 Gent, BelgiumKBO/BCE: BE 0674.470.296
Summary

BRIBOELOE has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €81,885 and a net result of -€31,810. Equity is growing by ~10.4% per year across the filed fiscal years. Its solvency ranks better than 39% of 15869 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.0% (low).

Checked score

Score 2024
Axes · tick = 2023
Profitability7▼-73
Solvency50▼-3
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
1.0% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4,000 at 30 days acceptable
Liquidity short (current ratio 0.97 against 1.11 in 2023; short-term debt: 69.8% and cash: 41.7% of total assets), and 75.1% of the assets are financed with debt.
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Signals

Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
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 2024
Solvency, return and age of the figures
Solvency
24.9%
Return on assets
-9.7%
Age of the figures
21 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Wholesale trade (NACE 46)
about 21% more bankruptcies
← fewer bankruptcies more bankruptcies →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 11-08-2025, 11 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 · 7 filings
Deviation from the deadline
2025
not confirmed
2024
11 d late
2023
91 d late
2022
31 d late
2021
30 d late
2020
158 d late
2019
523 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 141 days after the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% 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

BRIBOELOE was incorporated on 12 April 2017.1 The registered office was moved to Gent in 2026.2 Total assets rose from EUR 170,628 in 2018 to EUR 328,679 in 2024 and headcount from 0.8 to 3.1 full-time equivalents.3

  1. 1Crossroads Bank for Enterprises
  2. 2Belgian State Gazette, 01-06-2026
  3. 3National Bank, annual accounts 2018 and 2024

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Financials · fiscal year 2024, micro schema

Equity
€81,885▼ 27.8%
2023 · €113,381
Total assets
€328,679▼ 18.2%
2023 · €401,927
Net result
-€31,810
2023 · €37,215
Working capital
-€5,993
2023 · €26,670
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 46, Wholesale trade, 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
favourable unfavourable
Line20202021202220232024
Operating result-€3,866€52,897€15,697▼ 70.3%€58,646▲ 274%-€28,191
Net result-€11,448below the sector's middle half▼ 231%€38,652above the sector's middle half-€107within the sector's middle half€37,215within the sector's middle half-€31,810below the sector's middle half
Equity€37,621below the sector's middle half▼ 23.3%€76,273within the sector's middle half▲ 103%€76,165within the sector's middle half▼ 0.1%€113,381below the sector's middle half▲ 48.9%€81,885within the sector's middle half▼ 27.8%
Total assets€272,777below the sector's middle half▼ 38.3%€304,037within the sector's middle half▲ 11.5%€475,055above the sector's middle half▲ 56.2%€401,927below the sector's middle half▼ 15.4%€328,679within the sector's middle half▼ 18.2%
Debt€235,157▼ 40.1%€227,765▼ 3.1%€398,889▲ 75.1%€288,546▼ 27.7%€246,794▼ 14.5%
Working capital-€4,699below the sector's middle half€51,128within the sector's middle half-€16,262below the sector's middle half€26,670below the sector's middle half-€5,993within the sector's middle half
Solvency13.8%below the sector's middle half▲ 2.7pp25.1%within the sector's middle half▲ 11.3pp16.0%within the sector's middle half▼ 9.1pp28.2%within the sector's middle half▲ 12.2pp24.9%within the sector's middle half▼ 3.3pp
Current ratio0.97below the sector's middle half▼ 0.281.33within the sector's middle half▲ 0.370.95within the sector's middle half▼ 0.381.11below the sector's middle half▲ 0.160.97within the sector's middle half▼ 0.13
Return on assets (ROA)-4.2%below the sector's middle half▼ 3.4pp12.7%within the sector's middle half▲ 16.9pp0.0%within the sector's middle half▼ 12.7pp9.3%within the sector's middle half▲ 9.3pp-9.7%below the sector's middle half▼ 18.9pp
Staff (FTE)1.6below the sector's middle half4▲ 150%4.5▲ 12.5%3.3within the sector's middle half▼ 26.7%3.1▼ 6.1%
above within below the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€50,000-€25,000€0€25,000€50,000Operating result 2020: -€3,866-€3,866Net result 2020: -€11,448-€11,448Operating result 2021: €52,897€52,897Net result 2021: €38,652€38,652Operating result 2022: €15,697€15,697Net result 2022: -€107-€107Operating result 2023: €58,646€58,646Net result 2023: €37,215€37,215Operating result 2024: -€28,191-€28,191Net result 2024: -€31,810-€31,81020202021202220232024-€50,000-€25,000€0€25,000€50,000Operating result 2022: €15,697€15,700Net result 2022: -€107-€107Operating result 2023: €58,646€58,600Net result 2023: €37,215€37,200Operating result 2024: -€28,191-€28,200Net result 2024: -€31,810-€31,800202220232024
The operating result turns negative in 2024: a loss of €28,191 after €58,646 in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €328,679
Fixed assets €105,404 ▼ 16.5%
Current assets €223,275 ▼ 19.0%
Equity and liabilities €328,679
Equity €81,885 ▼ 27.8%
Debt €246,794 ▼ 14.5%
Debt's share of the balance-sheet total rises from 71.8% to 75.1%. Equity and debt are lower.
Key figures and ratios
2024 value · change against 2023
EBITDA
-€7,356▼
2023 · €104,668
Cash flow
-€10,975▼
2023 · €83,237
Quick ratio
0.73▲
2023 · 0.71
Debt to equity
3.01▲
2023 · 2.54
ROE
-38.8%▼
2023 · 32.8%
Interest coverage
-3.07▼
2023 · 8.75
Debt ≤ 1 year
€229,268▼
2023 · €249,018
Debt > 1 year
€17,526▼
2023 · €39,528
Income taxes
€1,866▼
2023 · €10,890
Staff costs
€89,687▲
2023 · €80,807
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 1,548 companies that looked in July 2024 the way this one looks now, 4.3% went bankrupt within 24 months and 91% are still going.

  • Micro
  • 5 to 10 years old
  • solvency 10 to 30%
  • a small loss
4.3% went bankrupt
3.9% stopped otherwise
91% still going

A further 0.5% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 1.0% 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 497,340 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% 1.8%
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 1,548 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 accounts As filed with the NBB · 2024 against 2023 · 48 lines
Balance sheet Code20232024
Assets
Total assets20/58€401,927€328,679▼
Fixed assets21/28€126,239€105,404▼
Tangible fixed assets22/27€46,239€25,404▼
Plant, machinery and equipment23€37,843€25,051▼
Furniture and vehicles24€8,396€353▼
Financial fixed assets28€80,000€80,000=
Current assets29/58€275,688€223,275▼
Stocks and contracts in progress3€98,285€54,870▼
Stocks30/36€98,285€54,870▼
Amounts receivable within one year40/41€27,303€14,436▼
Trade receivables40€1,188€2,628▲
Other amounts receivable41€26,115€11,808▼
Cash at bank and in hand54/58€137,509€137,195▼
Deferred charges and accrued income490/1€12,591€16,773▲
Equity and liabilities
Total equity and liabilities10/49€401,927€328,679▼
Equity10/15€113,381€81,885▼
Contributions10/11€25,000€25,000=
Reserves13€2,000€2,000=
Distributable reserves133€2,000€2,000=
Profit (loss) carried forward14€86,381€54,885▼
Amounts payable17/49€288,546€246,794▼
Amounts payable after more than one year17€39,528€17,526▼
Financial debts170/4€39,528€17,526▼
Amounts payable within one year42/48€249,018€229,268▼
Current portion of amounts payable after more than one year42€23,041€23,537▲
Trade debts44€202,316€175,744▼
Suppliers440/4€202,316€175,744▼
Taxes, remuneration and social security45€23,661€22,424▼
Taxes450/3€12,056€13,922▲
Remuneration and social security454/9€11,606€8,502▼
Other amounts payable47/48-€7,562
Income statement Code20232024
Remuneration, social security and pensions62€80,807€89,687▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€46,021€20,835▼
Other operating charges640/8€2,036€880▼
Non-recurring operating charges66A-€315
Gross operating margin9900€187,511€83,527▼
Operating profit (loss)9901€58,646-€28,191▼
Financial income75/76B€1,419€642▼
Recurring financial income75€1,419€642▼
Financial charges65/66B€11,961€2,396▼
Recurring financial charges65€11,961€2,396▼
Profit (loss) for the period before taxes9903€48,105-€29,944▼
Income taxes67/77€10,890€1,866▼
Profit (loss) for the period9904€37,215-€31,810▼
Profit (loss) for the period to be appropriated9905€37,215-€31,810▼
Appropriation of the result
Profit (loss) to be appropriated9906€86,381€54,885▼
Profit (loss) brought forward from the previous period14P€49,165€86,695▲
Social balance
Average headcount (FTE)90873.3-

The notes to these accounts (13 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20202021202220232024Change
Remuneration, social security and pensions62-€56,548€70,671€80,807€89,687▲ 11.0%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€37,071€37,455€37,809€46,021€20,835▼ 54.7%
Other operating charges640/8-€738€504€2,036€880▼ 56.8%
Non-recurring operating charges66A----€315-
Gross operating margin9900€53,109€147,638€124,680€187,511€83,527▼ 55.5%
Operating profit (loss)9901-€3,866€52,897€15,697€58,646-€28,191▼ 148%
Financial income75/76B-€563€510€1,419€642▼ 54.7%
Recurring financial income75€345€563€510€1,419€642▼ 54.7%
Financial charges65/66B-€8,204€14,603€11,961€2,396▼ 80.0%
Recurring financial charges65€7,926€8,204€14,603€11,961€2,396▼ 80.0%
Profit (loss) for the period before taxes9903-€11,448€45,256€1,603€48,105-€29,944▼ 162%
Income taxes67/77-€6,604€1,711€10,890€1,866▼ 82.9%
Profit (loss) for the period9904-€11,448€38,652-€107€37,215-€31,810▼ 185%
Profit (loss) for the period to be appropriated9905-€11,448€38,652-€107€37,215-€31,810▼ 185%
Line20202021202220232024Change
Assets
Total assets20/58€272,777€304,037€475,055€401,927€328,679▼ 18.2%
Fixed assets21/28€133,133€99,657€155,769€126,239€105,404▼ 16.5%
Intangible fixed assets21€1,375€375----
Tangible fixed assets22/27€131,325€99,282€75,769€46,239€25,404▼ 45.1%
Plant, machinery and equipment23-€99,282€75,063€37,843€25,051▼ 33.8%
Furniture and vehicles24--€706€8,396€353▼ 95.8%
Financial fixed assets28€433-€80,000€80,000€80,000=
Current assets29/58€139,645€204,380€319,286€275,688€223,275▼ 19.0%
Stocks and contracts in progress3€67,409€61,055€87,627€98,285€54,870▼ 44.2%
Stocks30/36-€61,055€87,627€98,285€54,870▼ 44.2%
Amounts receivable within one year40/41€13,278€20,330€148,305€27,303€14,436▼ 47.1%
Trade receivables40-€1,269€117,988€1,188€2,628▲ 121%
Other amounts receivable41-€19,061€30,316€26,115€11,808▼ 54.8%
Cash at bank and in hand54/58€49,993€112,724€69,925€137,509€137,195▼ 0.2%
Deferred charges and accrued income490/1-€10,272€13,428€12,591€16,773▲ 33.2%
Equity and liabilities
Total equity and liabilities10/49€272,777€304,037€475,055€401,927€328,679▼ 18.2%
Equity10/15€37,621€76,273€76,165€113,381€81,885▼ 27.8%
Contributions10/11€25,000€25,000€25,000€25,000€25,000=
Capital10-€25,000----
Issued capital100-€25,000----
Outside capital11--€25,000---
Other1109/19--€25,000---
Reserves13€2,000€2,000€2,000€2,000€2,000=
Non-distributable reserves130/1-€2,000€2,000---
Legal reserve130-€2,000----
Reserves not available under the articles1311--€2,000---
Distributable reserves133---€2,000€2,000=
Profit (loss) carried forward14€10,621€49,273€49,165€86,381€54,885▼ 36.5%
Amounts payable17/49€235,157€227,765€398,889€288,546€246,794▼ 14.5%
Amounts payable after more than one year17€89,495€72,168€61,072€39,528€17,526▼ 55.7%
Financial debts170/4-€72,168€61,072€39,528€17,526▼ 55.7%
Amounts payable within one year42/48€144,344€153,252€335,547€249,018€229,268▼ 7.9%
Current portion of amounts payable after more than one year42-€18,751€22,557€23,041€23,537▲ 2.2%
Trade debts44€118,686€114,300€284,075€202,316€175,744▼ 13.1%
Suppliers440/4-€114,300€284,075€202,316€175,744▼ 13.1%
Taxes, remuneration and social security45-€20,201€28,916€23,661€22,424▼ 5.2%
Taxes450/3-€7,507€9,760€12,056€13,922▲ 15.5%
Remuneration and social security454/9-€12,694€19,156€11,606€8,502▼ 26.7%
Other amounts payable47/48----€7,562-
Accrued charges and deferred income492/3-€2,344€2,270---
Line20202021202220232024Change
Profit (loss) for the period9904-€11,448€38,652-€107€37,215-€31,810▼ 185%
+ Depreciation and write-downs630€37,071€37,455€37,809€46,021€20,835▼ 54.7%
Operating cash flow (approximation)€25,623€76,107€37,702€83,237-€10,975▼ 113%
Investment in fixed assets (approximation)--€3,980-€93,921-€16,492€0▲ 100%
Change in cash-€62,730-€42,798€67,584-€314▼ 100%

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

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Timeline · acts, filings and financial milestones

2026
01-06
State Gazette act Registered office
Registered-office move · Director in office3 facts ▸
  • General meeting, 04-05-2026
  • Registered-office move, Nederkouter 50b te 9000 Gent
  • Director in office, Bjorn Van Cleemputte (director)
2025
11-08
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 11 days late
2024
31-12
Financial Weakest financial yearnet -€31,810
Net result drops to -€31,810, the lowest in the series.
30-10
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema · 91 days late
2023
31-12
Financial Back to profitnet €37,215
Net result €37,215 after one loss-making year.
31-12
Financial Equity above €100,000Eq €113,381 ▲48.9%
Equity rises from €76,165 to €113,381.
31-08
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
30-08
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
05-01
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema · 158 days late
05-01
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema · 523 days late
05-01
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema · 889 days late
2021
31-12
Financial Back to profitnet €38,652
Net result €38,652 after 2 loss-making years.
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 3 acts read
About the unread acts

Of the 3 Belgian State Gazette acts we know for this company, 1 has been read. The other 2 have not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
3 acts for this company are in the Belgian State Gazette, of which we have read 1. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Gent · 1 establishment unit since 2017
seat establishment The establishment unit on the map
Ground area
1,101 m²
Building footprint
1,085 m²
Volume, LiDAR
14,677 m³
Parcel 44805E1055/00E000, Flanders · tallest building 23.5 m, ±4 floors. Linked by address, not a title deed.
7 companies at this address See who is registered here
1 establishment unit
Nederkouter 50B, 9000 Gent
Wholesale trade
since 20172.264.039.386
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
44805E1055/00E000 Flanders 1,101 m² 1 · 1,085 m² 23.5 m · 4 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.

Similar companies · same sector, comparable size

Of 697 companies in sector 46392 we hold annual accounts for 485. 300 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
Founded12-04-2017
Fiscal year end31-12
Activities, NACEBEL 2025
46392Non-specialised wholesale
47110Non-specialised retail sale with food, beverages or tobacco predominating
46391Wholesale trade
E-invoicing
Reachable via Peppol
Peppol ID 0208:0674470296
Also 9925:BE0674470296
Registered 20-10-2025

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.