BRICADO

Active

Private limited company (pre-2019)founded 198541 yrs activeVlaamsesteenweg 28, 1000 Brussel, BelgiumKBO/BCE: BE 0426.970.343

Summary

The annual accounts of BRICADO for fiscal year 2024 show a net loss of 4,388% of total assets and of 98% of the equity at the start of that year. The 2024 annual accounts show equity of €1,434 and a net result of -€73,524. Equity remains stable across the filed fiscal years (±0.8% per year). The company has been active since 1985 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.6% (low).

Risk analysisWatch Report Compare

BRICADOActiveChecked score 55/100

Risk analysis Report Compare

Activity

Activity not known1 site

Size

€1,676total assets 2024

Equity: €1,434
Loss: -€73,524

Turnover not published (abridged schema)

Financial health

55 Fair Checked score 2024

Bankruptcy chance 12 m: 0.6%

Structure

Accounts 39 d early

Why 55Capped at 59: a net loss of at least half of total assets or of the equity at the start of the financial year- Figures for FY 2024 (filed 23-06-2025)+ Size: total assets €1,676+ Founded in 1985+ Equity €1,434 (85.6% of total assets)Show the evidence

Checked score

Score 2024

55 / 100

Fair

Probability in this band: 1.5% to 4.2%

Better than 44% of its sector peers (no NACE code, micro)

Performance against the sector, not lower risk

A net loss of at least half of total assets or of the equity at the start of the financial year caps the score at 59. Every signal that weighs is under Signals.

Financial strength · tick = 2023

Strong

Solvency 100=

equity 85.6% of total assets

Liquidity 97+46

short-term debt 14.4% · cash 48.1%

Profitability 0-36

return on assets -4387.9%

Bankruptcy probability, 12 months

0.6% Low

0%0.5%1.5%4%10%≥ 25%

About 6 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 20 months 03-2025: 0.2%lowest value 04-2025: 0.2%▲ +4.5% vs 03-2025 05-2025: 0.2%▲ +1.6% vs 04-2025 06-2025: 0.2%▲ +15.5% vs 05-2025 07-2025: 0.2%▲ +0.5% vs 06-2025 08-2025: 0.2%● 0.0% vs 07-2025 09-2025: 0.2%● 0.0% vs 08-2025 10-2025: 0.2%▼ -13.4% vs 09-2025 11-2025: 0.2%● 0.0% vs 10-2025 12-2025: 0.2%● 0.0% vs 11-2025 01-2026: 0.2%▼ -1.1% vs 12-2025 02-2026: 0.2%● 0.0% vs 01-2026 03-2026: 0.2%▲ +5.4% vs 02-2026 04-2026: 0.2%▲ +0.5% vs 03-2026 05-2026: 0.2%▲ +1.5% vs 04-2026 06-2026: 0.2%▲ +9.0% vs 05-2026 07-2026: 0.2%▲ +11.5% vs 06-2026 08-2026: 0.3%▲ +23.5% vs 07-2026 09-2026: 0.3%▲ +9.3% vs 08-2026 10-2026: 0.6%▲ +74.1% vs 09-2026highest value

Size: total assets €1,676 lowers the probability for this profile
Founded in 1985 lowers the probability for this profile
Figures for FY 2024 (filed 23-06-2025) raises the probability
Equity €1,434 (85.6% of total assets) lowers the probability

No publishable credit limit; credit only on tighter terms

Net loss of at least half of total assets or of the equity at the start of the financial year.

balance sheet total too small for a liquidity verdict.

How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

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%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (no NACE code, micro). Better than this share of them on solvency 81%, liquidity 88%, profitability 4%, growth against the median 4%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 02-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

Credit check for your own amount and term

Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

Five signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Size: total assets €1,676

In the bankruptcy model this factor lowers the probability for this profile.

NBB · annual accounts

Founded in 1985

In the bankruptcy model this factor lowers the probability for this profile.

KBO

Figures for FY 2024 (filed 23-06-2025)

In the bankruptcy model this factor raises the probability.

NBB · annual accounts

Equity €1,434 (85.6% of total assets)

In the bankruptcy model this factor lowers the probability.

NBB · annual accounts

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 22-06-2026, 39 days ahead of the deadline.

NBB · 10 filings

Deviation from the deadline

2025

39 d early

2024

38 d early

2023

16 d late

2022

4 d early

2021

7 d early

2020

9 d late

2019

22 d early

← before the deadline after the deadline →

tick = median of all Belgian filings

This company filed its last 7 accounts on average 12 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (2)

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 24 July (4 of the last 5 filed years within 31 days of that day).

Companies Code · seven months

Position in the running window

02-10-2026 today31-12-2026 close31-07-2027 deadline

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