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BRIESLAND

Active
Private limited companyfounded 200817 yrs activeOudekapellesteenweg 18, 8690 Alveringem, BelgiumKBO/BCE: BE 0807.037.525
Summary

BRIESLAND has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €725k and a net result of €15k. Equity remains stable across the filed fiscal years (±0.9% per year). Its solvency ranks better than 95% of 1309 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

Checked score

Score 2025
Axes · tick = 2024
Profitability71▼-1
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €55k at 30 days acceptable
Liquidity ample (current ratio 5.36 against 10.94 in 2024; short-term debt: 5.3% and cash: 6.3% of total assets), and 5.3% of the assets are financed with debt.
Credit check for your own amount and term

Signals

Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
94.7%
Return on assets
1.9%
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 date
Age against the risk zone
highest failure risk from 2 to 8 years 17 years 0 20 y
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 55
Relative position
BE, all sectors
reference
Accommodation (NACE 55)
about 6% more bankruptcies
← fewer bankruptcies more bankruptcies →
neutral · A punctual record breaks
This company filed 9 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 20-08-2026, 20 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filings
Deviation from the deadline
2025
20 d late
2024
29 d early
2023
1 d early
2022
31 d early
2021
15 d early
2020
1 d early
2019
27 d early
← before the deadline after the deadline →
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 months
Position in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
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

Financials · fiscal year 2025, micro schema

Equity
€725k▲ 2.0%
2024 · €710k
2018: €675k 2019: €686k▲ +1.6% vs 2018 2020: €675k▼ -1.6% vs 2019 2021: €674k▼ -0.2% vs 2020 2022: €672k▼ -0.3% vs 2021lowest in 8 years 2023: €692k▲ +3.1% vs 2022 2024: €710k▲ +2.6% vs 2023 2025: €725k▲ +2.0% vs 2024highest in 8 years
2018 → 2025
Total assets
€765k▲ 5.2%
2024 · €727k
2018: €686k 2019: €701k▲ +2.2% vs 2018 2020: €689k▼ -1.7% vs 2019 2021: €685k▼ -0.6% vs 2020 2022: €683k▼ -0.3% vs 2021lowest in 8 years 2023: €706k▲ +3.5% vs 2022 2024: €727k▲ +2.9% vs 2023 2025: €765k▲ +5.2% vs 2024highest in 8 years
2018 → 2025
Net result
€15k▼ 18.0%
2024 · €18k
2018: €22khighest in 8 years 2019: €10k▼ -52.6% vs 2018 2020: €-11k▼ -204% vs 2019lowest in 8 years 2021: €-1k▲ +88.6% vs 2020 2022: €-2k▼ -46.2% vs 2021 2023: €21k▲ +1227% vs 2022 2024: €18k▼ -13.8% vs 2023 2025: €15k▼ -18.0% vs 2024
2018 → 2025
Working capital
€175k▲ 4.1%
2024 · €168k
2018: €111k 2019: €103k▼ -7.0% vs 2018 2020: €102k▼ -1.2% vs 2019lowest in 8 years 2021: €114k▲ +12.5% vs 2020 2022: €126k▲ +10.2% vs 2021 2023: €153k▲ +21.7% vs 2022 2024: €168k▲ +9.6% vs 2023 2025: €175k▲ +4.1% vs 2024highest in 8 years
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€674k-€672k▼ 0.3%€692k▲ 3.1%€710k▲ 2.6%€725k▲ 2.0% 2021: €674k 2022: €672k▼ -0.3% vs 2021lowest in 5 years 2023: €692k▲ +3.1% vs 2022 2024: €710k▲ +2.6% vs 2023 2025: €725k▲ +2.0% vs 2024highest in 5 years
Operating result€-1k-€-2k▼ 39.0%€22k€22k▼ 1.4%€18k▼ 18.0% 2021: €-1k 2022: €-2k▼ -39.0% vs 2021lowest in 5 years 2023: €22k▲ +1201% vs 2022highest in 5 years 2024: €22k▼ -1.4% vs 2023 2025: €18k▼ -18.0% vs 2024
Net result€-1k-€-2k▼ 46.2%€21k€18k▼ 13.8%€15k▼ 18.0% 2021: €-1k 2022: €-2k▼ -46.2% vs 2021lowest in 5 years 2023: €21k▲ +1227% vs 2022highest in 5 years 2024: €18k▼ -13.8% vs 2023 2025: €15k▼ -18.0% vs 2024
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-10k€0€10k€20kOperating result 2021: €-1k€-1kNet result 2021: €-1k€-1kOperating result 2022: €-2k€-2kNet result 2022: €-2k€-2kOperating result 2023: €22k€22kNet result 2023: €21k€21kOperating result 2024: €22k€22kNet result 2024: €18k€18kOperating result 2025: €18k€18kNet result 2025: €15k€15k20212022202320242025€0€10k€20kOperating result 2023: €22k€22kNet result 2023: €21k€21kOperating result 2024: €22k€22kNet result 2024: €18k€18kOperating result 2025: €18k€18kNet result 2025: €15k€15k202320242025
The operating result has fallen two years in a row; 2025 is 18% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €765k
Fixed assets €550k ▲ 1.4%
Current assets €215k ▲ 16.3%
Equity and liabilities €765k
Equity €725k ▲ 2.0%
Debt €40k ▲ 138%
Debt's share of the balance-sheet total rises from 2.3% to 5.3%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€28k▼
2024 · €33k
Cash flow
€25k▼
2024 · €29k
Current ratio
5.36▼
2024 · 10.94
Debt to equity
0.06▲
2024 · 0.02
ROE
2.0%▼
2024 · 2.5%
ROA
1.9%▼
2024 · 2.4%
Interest coverage
2229.86▲
2024 · 583.32
Debt ≤ 1 year
€40k▲
2024 · €17k
Income taxes
€8k▲
2024 · €7k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 42 lines
Balance sheet Code20242025
Assets
Total assets20/58€727k€765k▲
Fixed assets21/28€542k€550k▲
Tangible fixed assets22/27€542k€550k▲
Land and buildings22€504k€504k=
Plant, machinery and equipment23€37k€43k▲
Furniture and vehicles24€927€2k▲
Current assets29/58€185k€215k▲
Amounts receivable within one year40/41€4k€19k▲
Trade receivables40€4k€19k▲
Other amounts receivable41€171-
Current investments50/53€140k€143k▲
Cash at bank and in hand54/58€38k€48k▲
Deferred charges and accrued income490/1€4k€5k▲
Equity and liabilities
Total equity and liabilities10/49€727k€765k▲
Equity10/15€710k€725k▲
Contributions10/11€540k€540k=
Reserves13€170k€185k▲
Distributable reserves133€170k€185k▲
Amounts payable17/49€17k€40k▲
Amounts payable within one year42/48€17k€40k▲
Trade debts44€4k€16k▲
Suppliers440/4€4k€16k▲
Advances received on contracts in progress46€6k€16k▲
Taxes, remuneration and social security45€7k€5k▼
Taxes450/3€7k€5k▼
Other amounts payable47/48€347€3k▲
Accrued charges and deferred income492/3€42€125▲
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11k€10k▼
Other operating charges640/8€4k€3k▼
Gross operating margin9900€37k€32k▼
Operating profit (loss)9901€22k€18k▼
Financial income75/76B€2k€4k▲
Recurring financial income75€2k€4k▲
Financial charges65/66B€57€13▼
Recurring financial charges65€57€13▼
Profit (loss) for the period before taxes9903€24k€22k▼
Income taxes67/77€7k€8k▲
Profit (loss) for the period9904€18k€15k▼
Profit (loss) for the period to be appropriated9905€18k€15k▼
Appropriation of the result
Profit (loss) to be appropriated9906€18k€15k▼
Transfer to equity691/2€18k€15k▼
To other reserves6921€18k€15k▼

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Accounts by statement
Line20212022202320242025Change
Remuneration, social security and pensions62€155€12----
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€17k€15k€12k€11k€10k▼ 9.0%
Other operating charges640/8€3k€3k€4k€4k€3k▼ 10.7%
Gross operating margin9900€19k€16k€39k€37k€32k▼ 14.5%
Operating profit (loss)9901€-1k€-2k€22k€22k€18k▼ 18.0%
Financial income75/76B€262€263€297€2k€4k▲ 70.9%
Recurring financial income75€262€263€297€2k€4k▲ 70.9%
Financial charges65/66B€48€56€56€57€13▼ 77.8%
Recurring financial charges65€48€56€56€57€13▼ 77.8%
Profit (loss) for the period before taxes9903€-1k€-2k€23k€24k€22k▼ 9.2%
Income taxes67/77--€2k€7k€8k▲ 14.1%
Profit (loss) for the period9904€-1k€-2k€21k€18k€15k▼ 18.0%
Profit (loss) for the period to be appropriated9905€-1k€-2k€21k€18k€15k▼ 18.0%
Line20212022202320242025Change
Assets
Total assets20/58€685k€683k€706k€727k€765k▲ 5.2%
Fixed assets21/28€559k€546k€539k€542k€550k▲ 1.4%
Tangible fixed assets22/27€559k€546k€539k€542k€550k▲ 1.4%
Land and buildings22€509k€508k€506k€504k€504k=
Plant, machinery and equipment23€48k€37k€33k€37k€43k▲ 18.6%
Furniture and vehicles24€2k€1k€165€927€2k▲ 119%
Current assets29/58€125k€136k€167k€185k€215k▲ 16.3%
Amounts receivable within one year40/41€7k€3k€5k€4k€19k▲ 376%
Trade receivables40€7k€1k€4k€4k€19k▲ 398%
Other amounts receivable41-€1k€1k€171--
Current investments50/53€75k€75k€137k€140k€143k▲ 2.2%
Cash at bank and in hand54/58€38k€55k€21k€38k€48k▲ 28.1%
Deferred charges and accrued income490/1€5k€4k€4k€4k€5k▲ 37.9%
Equity and liabilities
Total equity and liabilities10/49€685k€683k€706k€727k€765k▲ 5.2%
Equity10/15€674k€672k€692k€710k€725k▲ 2.0%
Contributions10/11€540k€540k€540k€540k€540k=
Reserves13€146k€146k€152k€170k€185k▲ 8.6%
Non-distributable reserves130/1€32k€32k----
Reserves not available under the articles1311€32k€32k----
Distributable reserves133€113k€113k€152k€170k€185k▲ 8.6%
Profit (loss) carried forward14€-12k€-14k----
Amounts payable17/49€11k€11k€14k€17k€40k▲ 138%
Amounts payable within one year42/48€11k€10k€14k€17k€40k▲ 137%
Trade debts44€3k€3k€3k€4k€16k▲ 332%
Suppliers440/4€3k€3k€3k€4k€16k▲ 332%
Advances received on contracts in progress46€4k€7k€9k€6k€16k▲ 161%
Taxes, remuneration and social security45€248-€2k€7k€5k▼ 22.7%
Taxes450/3€248-€2k€7k€5k▼ 22.7%
Other amounts payable47/48€3k€601€128€347€3k▲ 756%
Accrued charges and deferred income492/3€23€576€140€42€125▲ 198%
Line20212022202320242025Change
Profit (loss) for the period9904€-1k€-2k€21k€18k€15k▼ 18.0%
+ Depreciation and write-downs630€17k€15k€12k€11k€10k▼ 9.0%
Operating cash flow (approximation)€16k€13k€33k€29k€25k▼ 14.5%
Investment in fixed assets (approximation)-€-2k€-5k€-14k€-18k▼ 26.9%
Change in cash-€16k€-34k€17k€11k▼ 36.9%

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

Next filing, fiscal year 2026, expected by 31-07-2027
2026
20-08
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 20 days late
2025
02-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
30-07
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial Back to profitnet €21k
Net result €21k after 3 loss-making years.
30-06
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
16-07
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
30-07
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial Weakest financial yearnet €-11k
Net result drops to €-11k, the lowest in the series; recovery starts the following year.
04-07
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
05-07
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
05-07
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
07-07
NBB filing Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts

We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
2 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, Alveringem · 1 establishment unit since 2008
seat establishment The establishment unit on the map
Ground area
6,039 m²
Building footprint
216 m²
Volume, LiDAR
1,306 m³
Parcel 38002B0683/00E000, Flanders · tallest building 10.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Briesland
Oudekapellesteenweg 18, 8690 AlveringemHoliday cottages, homes and apartments
since 20082.173.774.651
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
38002B0683/00E000 Flanders 6,039 m² 1 · 216 m² 10.3 m · 2 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 3,000 companies in sector 55203 we hold annual accounts for 691. 389 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
Founded13-10-2008
Fiscal year end31-12
Activities, NACEBEL 2025
55203Holiday cottages, homes and apartments

Scores and ratios are computed by Checked and are not a credit decision.