Turnover
The micro format states no turnover.
The micro format states no turnover.
Latest accounts filed late: after the legal deadline.
More equity than 95% of companies in fabricated metal products. Sector median €72,671 · 2,337 companies.
The dashed line is the sector median: 0.5% across 3,708 companies (NACE 25, micro).
About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 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% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 25, micro). It does better than 71% of them on solvency, 29% on liquidity, 25% on profitability and 40% on growth.
The bankruptcy probability was computed on 04-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
In July 2024, 14,766 companies had the same profile as Briers Diensten en Beheer has now. Each dot stands for 37 companies, two years later.
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of Briers Diensten en Beheer itself: 0.4% within 12 months.
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 14,766 companies, not a prediction for Briers Diensten en Beheer. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Liquidity is insufficient, with a current ratio of 0.86 (0.76 in 2024), below 1. Short-term debt is 31.6% and cash 3.4% of total assets. 33.7% of the assets are financed with debt and provisions.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
The company filed its last 7 accounts on average 68 days after the deadline. In the sector (NACE 25), the median for financial year 2024 was 7 days before the deadline, and 35% of those companies filed late.
| Company | Total assets | Gross margin | Solvency | Staff |
|---|---|---|---|---|
| Briers Diensten en Beheer Hasselt | €1.3m | €116,755 | 66.3% | - |
| PHIL SIGN MARKING Clavier | €1.2m | €82,172 | 91.4% | - |
| LIRODAK Bilzen-Hoeselt | €1.1m | €168,235 | 97.1% | - |
| METALSIGN Lille | €1.0m | €158,929 | 23.9% | - |
| M.T.A. Draai- en Freeswerken Tongeren-Borgloon | €0.7m | €70,997 | 81.6% | - |
| MEDALLUX Oudsbergen | €0.5m | €200,247 | 76.5% | - |
| VVNT VAN VAECK Dilbeek | €1.1m | €346,462 | 44.8% | 3.1 |
These companies have the same main activity as Briers Diensten en Beheer: manufacture of fabricated metal products, except machinery and equipment (NACE 25999). They are comparable in size and age: total assets between €454,000 and €1.2m, founded between 1999 and 2009.
Briers Diensten en Beheer files the micro format. That format states no turnover. The gross margin fell from €241,216 in 2006 to €116,755 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
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