Bricobati Degreef
ActiveThe computed 12-month bankruptcy probability of Bricobati Degreef is 1.5% (moderate). The 2024 annual accounts show equity of €20k and a net result of €33k. Equity is shrinking by ~35.5% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2025. Its solvency ranks better than 32% of 26043 sector peers (fiscal year 2024). The company has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
67
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability94▲+21
Solvency37▲+17
Growth58▲+26
Track record100
Bankruptcy probability, 12 months
1.5%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days acceptable
Liquidity tight (current ratio 1.04 against 0.82 in 2023; short-term debt: 44.4% and cash: 27.1% of total assets), and 87.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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 2024Solvency, return and age of the figures
Solvency
12.4%
Return on assets
20.2%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 11-10-2025, 72 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 · 10 filingsDeviation from the deadline
2025
not confirmed
2024
72 d late
2023
74 d late
2022
422 d late
2021
56 d late
2020
230 d late
2019
115 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€20k
2023 · €-13k
2018: €31k
2019: €18k
2020: €17k
2021: €-23k
2022: €-21k
2023: €-13k
2018 → 2024
Total assets
€164k▼ 31.1%
2023 · €238k
2018: €78k
2019: €116k
2020: €157k
2021: €222k
2022: €221k
2023: €238k
2018 → 2024
Net result
€33k▲ 289%
2023 · €9k
2018: €13k
2019: €-14k
2020: €-677
2021: €-40k
2022: €1k
2023: €9k
2018 → 2024
Working capital
€3k
2023 · €-31k
2018: €20k
2019: €2k
2020: €333
2021: €-31k
2022: €-33k
2023: €-31k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€17k-€-23k€-21k▲ 5.8%€-13k▲ 40.0%€20k
Operating result€-488-€-39k▼ 7,955%€1k€9k▲ 484%€36k▲ 316%
Net result€-677-€-40k▼ 5,764%€1k€9k▲ 544%€33k▲ 289%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2021 the operating result has climbed three years in a row; 2024 is 316% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €164k
Fixed assets
€88k▼ 5.8%
Current assets
€76k▼ 47.5%
Equity and liabilities €164k
Equity
€20k
Debt
€143k
Debt finances 87.6% of the balance-sheet total.
Key figures and ratios
EBITDA
€43k▲
2023 · €18k
Cash flow
€40k▲
2023 · €18k
Solvency
12.4%▲
2023 · -5.4%
Current ratio
1.04▲
2023 · 0.82
Quick ratio
0.73▲
2023 · 0.47
Debt / equity
7.06▲
2023 · -19.58
ROE
162.9%
ROA
20.2%▲
2023 · 3.6%
Interest coverage
24.12▼
2023 · 111.16
Debt
€143k▼
2023 · €250k
Debt ≤ 1 year
€73k▼
2023 · €175k
Debt > 1 year
€65k▼
2023 · €70k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€238k€164k▼
Fixed assets21/28€93k€88k▼
Tangible fixed assets22/27€88k€82k▼
Furniture and vehicles24€88k€82k▼
Financial fixed assets28€6k€6k=
Current assets29/58€144k€76k▼
Stocks and contracts in progress3€62k€22k▼
Stocks30/36€62k€22k▼
Amounts receivable within one year40/41€2k€9k▲
Trade receivables40€314€5k▲
Other amounts receivable41€2k€4k▲
Cash at bank and in hand54/58€80k€44k▼
Equity and liabilities
Total equity and liabilities10/49€238k€164k▼
Equity10/15€-13k€20k▲
Contributions10/11€13k€13k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€-27k€6k▲
Amounts payable17/49€250k€143k▼
Amounts payable after more than one year17€70k€65k▼
Financial debts170/4€70k€65k▼
Amounts payable within one year42/48€175k€73k▼
Current portion of amounts payable after more than one year42€8k€6k▼
Trade debts44€151k€47k▼
Suppliers440/4€151k€47k▼
Taxes, remuneration and social security45€11k€14k▲
Taxes450/3€11k€14k▲
Other amounts payable47/48€4k€5k▲
Accrued charges and deferred income492/3€6k€6k=
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9k€7k▼
Other operating charges640/8€384€852▲
Gross operating margin9900€19k€44k▲
Operating profit (loss)9901€9k€36k▲
Financial charges65/66B€163€3k▲
Recurring financial charges65€163€2k▲
Non-recurring financial charges66B-€1k
Profit (loss) for the period before taxes9903€9k€33k▲
Profit (loss) for the period9904€9k€33k▲
Profit (loss) for the period to be appropriated9905€9k€33k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-27k€6k▲
Profit (loss) brought forward from the previous period14P€-36k€-27k▲
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
11-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 72 days late
2024
31-12
Financial
Highest result since 2018net €33k ▲289%
Operating result €36k, net result €33k, both a record.
13-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 74 days late
25-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 422 days late
2022
31-12
Financial
Back to profitnet €1k
Net result €1k after 3 loss-making years.
25-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 56 days late
18-03
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 230 days late
2021
31-12
Financial
Weakest financial yearnet €-40k
Net result drops to €-40k, the lowest in the series; recovery starts the following year.
2020
23-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 115 days late
2019
28-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 59 days late
2018
30-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 61 days late
2017
30-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 61 days late
2016
17-11
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 109 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Etterbeek · 1 establishment unit since 2012
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Generaal Capiaumontstraat 101040 EtterbeekGround area
231 m²
Building footprint
77 m²
Volume, LiDAR
922 m³
2 parcels, Brussels · tallest building 15.2 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
Bricobati Degreef
since 20122.214.383.801
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21363B0465/00S030 | Brussels | 129 m² | - | - |
| 21363B0437/00A005 | Brussels | 102 m² | 1 · 77 m² | 15.2 m · 4 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels 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
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BE 0849.866.587
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DECEBAL
BE 0813.222.957
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BEN et CO
BE 0460.251.142
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MOTHATOR
BE 0439.645.768
Ichtegem · Eq €20k
Of 1,720 companies in sector 47521 we hold annual accounts for 1,288. 457 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded19-10-2012
Fiscal year end31-12
Activities, NACEBEL
47521Retail sale of hardware, building materials, paint and glass (general range)
47527Retail trade
47529Retail trade
47783Retail trade
47784Retail trade
Sources
Crossroads Bank for EnterprisesNational Bank · 10 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.