Bridgers
ActiveSummary
Bridgers has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.3m and a net result of €477,165. Equity is growing by ~12.5% per year across the filed fiscal years. Its solvency ranks better than 64% of 8737 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability92▲+21
Solvency92▲+19
Growth68▼-1
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €110,000 at 30 days acceptable
Liquidity ample (current ratio 2.15 against 1.27 in 2024; short-term debt: 32.4% and cash: 7.2% of total assets), and 32.6% of the assets are financed with debt.
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Signals
Five 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 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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
67.4%
Return on assets
24.8%
Age of the figures
9 mo
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
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 06-07-2026, 25 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
25 d early
2024
28 d early
2023
32 d early
2022
6 d early
2021
54 d late
2020
25 d early
2019
64 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 18 days before the deadline; the sector median for financial year 2024 is 9 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.
Companies Code · seven monthsPosition in the running window
27-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, abbreviated schema
In the rankings
#4 fastest grower in the Brussels-Capital Region, Head offices and management consultancy sector
Turnover
€5.2m▼ 3.5%
2024 · €5.4m
EBIT margin
13.0%▲ 7.3pp
2024 · 5.7%
Net result
€477,165▲ 139%
2024 · €199,871
Working capital
€719,274▲ 210%
2024 · €231,863
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Turnover€3.3m▼ 44.8%€3.6m▲ 8.5%€4.1m▲ 12.7%€5.4m▲ 33.3%€5.2m▼ 3.5%
Operating result€68,579▼ 61.2%€204,365▲ 198%-€68,027€307,893€675,714▲ 119%
Net result€18,554▼ 81.1%€124,670▲ 572%-€91,319€199,871€477,165▲ 139%
EBIT margin2.1%▼ 0.9pp5.7%▲ 3.6pp-1.7%▼ 7.4pp5.7%▲ 7.4pp13.0%▲ 7.3pp
Equity€589,000▲ 3.3%€713,670▲ 21.2%€622,351▼ 12.8%€822,221▲ 32.1%€1.3m▲ 58.0%
Total assets€1.6m▼ 9.1%€1.7m▲ 3.6%€1.7m▲ 3.5%€1.7m▼ 2.1%€1.9m▲ 13.6%
Debt€1.0m▼ 14.9%€960,656▼ 6.5%€1.1m▲ 15.6%€873,494▼ 21.3%€627,330▼ 28.2%
Working capital€148,131▼ 30.9%€80,329▼ 45.8%€73,183▼ 8.9%€231,863▲ 217%€719,274▲ 210%
Staff (FTE)18.2▼ 0.5%19.6▲ 7.7%20.3▲ 3.6%27.4▲ 35.0%38.7▲ 41.2%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Why a figure moved sharply
- 2025 Net result +139%, Equity +58% on 2024. Cause not known from the registers.
- 2022 Net result +572% on 2021. Cause not known from the registers.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 119% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.9m
Fixed assets
€584,126 ▼ 5.6%
Current assets
€1.3m ▲ 24.7%
Equity and liabilities €1.9m
Equity
€1.3m ▲ 58.0%
Debt
€627,330 ▼ 28.2%
Debt's share of the balance-sheet total falls from 51.5% to 32.6%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€754,442▲
2024 · €371,252
Cash flow
€555,893▲
2024 · €263,230
Current ratio
2.15▲
2024 · 1.27
Debt to equity
0.48▼
2024 · 1.06
ROE
36.7%▲
2024 · 24.3%
ROA
24.8%▲
2024 · 11.8%
Interest coverage
108.41▲
2024 · 19.10
Debt ≤ 1 year
€623,316▼
2024 · €844,765
Debt > 1 year
€1,889▼
2024 · €24,094
Income taxes
€191,619▲
2024 · €88,598
Staff costs
€2.3m▲
2024 · €1.9m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 17,792 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 97% are still going.
- Small
- 10 to 20 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.2%
went bankrupt
3.2%
stopped otherwise
97%
still going
For this company itself Checked computes a bankruptcy probability of 0.2% 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 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
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 17,792 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 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €3.3m | €3.6m | €4.1m | €5.4m | €5.2m | ▼ 3.5% |
| Non-recurring operating income76A | - | - | - | €501 | €2,890 | ▲ 477% |
| Goods, raw materials, services and sundry goods60/61 | €2.0m | €2.1m | €2.5m | €3.1m | €2.1m | ▼ 30.8% |
| Remuneration, social security and pensions62 | €1.2m | €1.3m | €1.5m | €1.9m | €2.3m | ▲ 20.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €35,693 | €39,830 | €56,965 | €63,359 | €78,728 | ▲ 24.3% |
| Other operating charges640/8 | €14,708 | €26,755 | €22,372 | €23,849 | €28,159 | ▲ 18.1% |
| Non-recurring operating charges66A | - | - | - | €124 | -€542 | ▼ 535% |
| Gross operating margin9900 | €1.4m | €1.5m | €1.5m | €2.3m | €3.1m | ▲ 33.3% |
| Operating profit (loss)9901 | €68,579 | €204,365 | -€68,027 | €307,893 | €675,714 | ▲ 119% |
| Financial income75/76B | - | - | - | €10 | €29 | ▲ 180% |
| Recurring financial income75 | - | - | - | €10 | €29 | ▲ 180% |
| Financial charges65/66B | €31,443 | €21,372 | €21,342 | €19,435 | €6,959 | ▼ 64.2% |
| Recurring financial charges65 | €31,443 | €21,372 | €21,342 | €19,435 | €6,959 | ▼ 64.2% |
| Profit (loss) for the period before taxes9903 | €37,136 | €182,993 | -€89,369 | €288,469 | €668,784 | ▲ 132% |
| Income taxes67/77 | €18,582 | €58,323 | €1,950 | €88,598 | €191,619 | ▲ 116% |
| Profit (loss) for the period9904 | €18,554 | €124,670 | -€91,319 | €199,871 | €477,165 | ▲ 139% |
| Profit (loss) for the period to be appropriated9905 | €18,554 | €124,670 | -€91,319 | €199,871 | €477,165 | ▲ 139% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.6m | €1.7m | €1.7m | €1.7m | €1.9m | ▲ 13.6% |
| Fixed assets21/28 | €597,032 | €661,960 | €606,401 | €619,088 | €584,126 | ▼ 5.6% |
| Intangible fixed assets21 | €0 | - | - | - | - | - |
| Tangible fixed assets22/27 | €597,032 | €661,960 | €606,401 | €619,088 | €584,126 | ▼ 5.6% |
| Land and buildings22 | €534,455 | €509,664 | €484,872 | €460,080 | €435,289 | ▼ 5.4% |
| Plant, machinery and equipment23 | €57,817 | €54,028 | €43,702 | €40,138 | €29,813 | ▼ 25.7% |
| Furniture and vehicles24 | €4,760 | €98,268 | €77,827 | €118,870 | €119,024 | ▲ 0.1% |
| Current assets29/58 | €1.0m | €1.0m | €1.1m | €1.1m | €1.3m | ▲ 24.7% |
| Amounts receivable within one year40/41 | €987,343 | €984,548 | €1.1m | €1.0m | €1.2m | ▲ 14.9% |
| Trade receivables40 | €702,818 | €630,047 | €883,152 | €1.0m | €1.0m | ▲ 3.7% |
| Other amounts receivable41 | €284,525 | €354,501 | €183,109 | €5,307 | €118,863 | ▲ 2,140% |
| Cash at bank and in hand54/58 | €24,168 | €14,032 | €25,831 | €22,586 | €137,976 | ▲ 511% |
| Deferred charges and accrued income490/1 | €7,562 | €13,786 | €33,974 | €46,194 | €46,253 | ▲ 0.1% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.6m | €1.7m | €1.7m | €1.7m | €1.9m | ▲ 13.6% |
| Equity10/15 | €589,000 | €713,670 | €622,351 | €822,221 | €1.3m | ▲ 58.0% |
| Contributions10/11 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Reserves13 | €161,860 | €161,860 | €161,860 | €161,860 | €161,860 | = |
| Non-distributable reserves130/1 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Distributable reserves133 | €160,000 | €160,000 | €160,000 | €160,000 | €160,000 | = |
| Profit (loss) carried forward14 | €420,940 | €545,610 | €454,291 | €654,161 | €1.1m | ▲ 72.9% |
| Amounts payable17/49 | €1.0m | €960,656 | €1.1m | €873,494 | €627,330 | ▼ 28.2% |
| Amounts payable after more than one year17 | €154,998 | €28,129 | €53,416 | €24,094 | €1,889 | ▼ 92.2% |
| Financial debts170/4 | €154,998 | €28,129 | €53,416 | €24,094 | €1,889 | ▼ 92.2% |
| Amounts payable within one year42/48 | €870,942 | €932,037 | €1.1m | €844,765 | €623,316 | ▼ 26.2% |
| Current portion of amounts payable after more than one year42 | €121,181 | €126,869 | €30,982 | €7,943 | - | - |
| Financial debts43 | €116,608 | €215,624 | €305,582 | €177,075 | €22,206 | ▼ 87.5% |
| Credit institutions430/8 | €116,608 | €215,624 | €305,582 | €177,075 | €22,206 | ▼ 87.5% |
| Trade debts44 | €197,364 | €187,609 | €355,602 | €179,636 | €188,822 | ▲ 5.1% |
| Suppliers440/4 | €197,364 | €187,609 | €355,602 | €179,636 | €188,822 | ▲ 5.1% |
| Taxes, remuneration and social security45 | €323,711 | €309,827 | €268,859 | €378,802 | €412,288 | ▲ 8.8% |
| Taxes450/3 | €99,522 | €122,903 | €82,097 | €132,551 | €177,507 | ▲ 33.9% |
| Remuneration and social security454/9 | €224,189 | €186,924 | €186,762 | €246,251 | €234,782 | ▼ 4.7% |
| Other amounts payable47/48 | €112,078 | €92,108 | €91,858 | €101,308 | - | - |
| Accrued charges and deferred income492/3 | €1,165 | €490 | €3,817 | €4,635 | €2,125 | ▼ 54.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €18,554 | €124,670 | -€91,319 | €199,871 | €477,165 | ▲ 139% |
| + Depreciation and write-downs630 | €35,693 | €39,830 | €56,965 | €63,359 | €78,728 | ▲ 24.3% |
| Operating cash flow (approximation) | €54,247 | €164,500 | -€34,354 | €263,230 | €555,893 | ▲ 111% |
| Investment in fixed assets (approximation) | - | -€104,758 | -€1,406 | -€76,046 | -€43,766 | ▲ 42.4% |
| Change in cash | - | -€10,136 | €11,799 | -€3,245 | €115,390 | ▲ 3,656% |
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
07-08
State Gazette act
Capital & shares · Resignations & appointments · RestructuringAppointment: Henk DRAPPIER (first, non statutory, director) · Real estate · Capital21 facts ▸
State Gazette act
Capital & shares · Resignations & appointments · Restructuring
Appointment: Henk DRAPPIER (first, non statutory, director) · Real estate · Capital21 facts ▸
- General meeting, buitengewone algemene vergadering
- Other statement, waiver of procedural requirements, Wetboek van vennootschappen en verenigingen
- Other statement, waiver of preliminary reports, voorzitter ontslagen van voorlezing van documenten en verslagen
- Other statement, documents confided to notary
- Other statement, description of transferred assets, voorgeschreven verslagen van de oprichters en van de bedrijfsrevisor
- Other statement, costs of split, ten laste van de af te splitsen vennootschap
- Other statement, activa en passiva waarvan niet met zekerheid kan worden vastgesteld dat ze werden toebedeeld aan de nieuwe vennootschap of binnen de af te splitsen vennootschap…
- Other statement, elk aandeel van de vennootschap recht geeft op een nieuw aandeel in de op te richten vennootschap, exchange ratio
- Other statement, aandelen van de op te richten vennootschap onmiddellijk in de winst deelnemen, profit participation
- Real estate, Een woonhuis met aanhorigheden, op en met grond, gelegen aan de Verenigingstraat 38
- Capital, €459.552,61
- Incorporation, 10-07-2026
- +9 further facts in this act
06-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Highest result since 2019net €477,165 ▲139%
Operating result €675,714, net result €477,165, both a record.
31-12
Financial
Equity above €1mEq €1.3m ▲58%
2 profitable years in a row build equity to €1.3m.
03-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Back to profitnet €199,871
Net result €199,871 after one loss-making year.
29-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Weakest financial yearnet -€91,319
Net result drops to -€91,319, the lowest in the series; recovery starts the following year.
25-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
23-09
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 54 days late
2021
06-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Equity above €500,000Eq €570,446 ▲20.8%
2 profitable years in a row build equity to €570,446.
Show earlier events
2019
28-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2018
30-10
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2017
27-09
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2016
30-09
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 4 acts read
About the unread acts
Of the 4 Belgian State Gazette acts we know for this company, 1 has been read. The other 3 have not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 director, last change in 2026
Board 1
Drappier Henk
CurrentFirst, non statutory, director · since 07-08-2026
Other functions 1
Drappier Henk
CurrentFirst, non statutory, director · since 07-08-2026
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 →
Not every act has been read: a resignation may be missing here
3 of this company's 4 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Registered office, Brussel · 1 establishment unit since 2007
Ground area
249 m²
Building footprint
237 m²
Volume, LiDAR
3,565 m³
Parcel 21803C0423/00R000, Brussels · tallest building 24.8 m, ±6 floors. Linked by address, not a title deed.
6
companies at this address
See who is registered here
1 establishment unit
FININPRO
since 20072.159.738.355
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21803C0423/00R000 | Brussels | 249 m² | 1 · 237 m² | 24.8 m · 6 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
1 person since 2026, 1 in office
- Board
- Other function
| Name | Functions and periods |
|---|---|
| Drappier Henk |
|
Articles of association
Who signs
Each director alone
Board rule
Bestuursorgaan, één of meer bestuurders, natuurlijke personen of rechtspersonen, al dan niet aandeelhouder
Bevoegdheden bestuursorgaan, kan bijzondere machten toekennen aan elke mandataris
Kan worden toegekend in geld en/of in natura, vergoeding bestuurders
Profit allocation
Winstverdeling en uitkeringen, wanneer de eigendom van een effect is opgesplitst in blote eigendom en vruchtgebruik, komen de uitgekeerde liquidatiereserves, ui…
Dissolution rule
One provision in the deed
Liquidation rule
Onverminderd de rechten van de bevoorrechte schuldeisers, betalen de vereffenaars alle schulden naar evenredigheid en zonder onderscheid tussen opeisbare en nie…
Liquidation distribution
3 provisions in the deed
Structure & network
Connections & network
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
This company
Company
Director
Shareholding
+N: links not shown yet
Click a node to look further, drag to arrange, scroll to zoom.
Acquisitions and mergers
1 transactionSplit off to:HAVNEN
Capital and shareholders
Capital over the years
- 07-08-2026 Capital stated in the act · 459,552.61 EUR
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Of 82,642 companies in sector 70200 we hold annual accounts for 52,590. 24,972 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
Founded06-02-2007
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
Contact
Website
www.bridgers.be
E-mail
henk.drappier@bridgers.be
E-mail
front@front-consulting.comBrussel
Phone
027327002Brussel
E-invoicing
Reachable via Peppol
Peppol ID
0208:0887042828
Also
9925:BE0887042828
Registered
10-07-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.