BRIEST
ActiveSummary
BRIEST has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €700k and a net result of €62k. Equity is growing by ~18.8% per year across the filed fiscal years. Its solvency ranks better than 73% of 10407 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.2% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability52▼-39
Solvency85▼-15
Growth78=
Track record100
Bankruptcy probability, 12 months
1.2%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €40k at 30 days acceptable
Liquidity ample (current ratio 2.43 against 4.11 in 2024; short-term debt: 36.4% and cash: 15.9% of total assets), and 39.6% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five 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
Retail trade (NACE 47)
about 45% more 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
60.4%
Return on assets
5.4%
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 16-04-2026, 106 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
106 d early
2024
43 d early
2023
35 d early
2022
39 d early
2021
44 d early
2020
47 d early
2019
35 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 monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€700k▲ 9.7%
2024 · €638k
2018: €226klowest in 8 years
2019: €250k▲ +10.4% vs 2018
2020: €270k▲ +8.0% vs 2019
2021: €351k▲ +30.2% vs 2020
2022: €389k▲ +10.7% vs 2021
2023: €495k▲ +27.1% vs 2022
2024: €638k▲ +28.9% vs 2023
2025: €700k▲ +9.7% vs 2024highest in 8 years
2018 → 2025
Total assets
€1.16M▲ 43.1%
2024 · €810k
2018: €756k
2019: €645k▼ -14.7% vs 2018
2020: €635k▼ -1.6% vs 2019
2021: €564k▼ -11.1% vs 2020lowest in 8 years
2022: €619k▲ +9.6% vs 2021
2023: €668k▲ +8.0% vs 2022
2024: €810k▲ +21.2% vs 2023
2025: €1.16M▲ +43.1% vs 2024highest in 8 years
2018 → 2025
Net result
€62k▼ 56.6%
2024 · €143k
2018: €49k
2019: €89k▲ +81.7% vs 2018
2020: €20k▼ -77.7% vs 2019lowest in 8 years
2021: €115k▲ +480% vs 2020
2022: €96k▼ -16.5% vs 2021
2023: €106k▲ +9.7% vs 2022
2024: €143k▲ +35.5% vs 2023highest in 8 years
2025: €62k▼ -56.6% vs 2024
2018 → 2025
Working capital
€605k▲ 13.0%
2024 · €535k
2018: €73klowest in 8 years
2019: €124k▲ +70.2% vs 2018
2020: €179k▲ +44.1% vs 2019
2021: €282k▲ +57.6% vs 2020
2022: €356k▲ +26.1% vs 2021
2023: €371k▲ +4.3% vs 2022
2024: €535k▲ +44.3% vs 2023
2025: €605k▲ +13.0% 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€351k-€389k▲ 10.7%€495k▲ 27.1%€638k▲ 28.9%€700k▲ 9.7%
2021: €351klowest in 5 years
2022: €389k▲ +10.7% vs 2021
2023: €495k▲ +27.1% vs 2022
2024: €638k▲ +28.9% vs 2023
2025: €700k▲ +9.7% vs 2024highest in 5 years
Operating result€133k-€91k▼ 31.4%€97k▲ 6.9%€166k▲ 70.9%€26k▼ 84.1%
2021: €133k
2022: €91k▼ -31.4% vs 2021
2023: €97k▲ +6.9% vs 2022
2024: €166k▲ +70.9% vs 2023highest in 5 years
2025: €26k▼ -84.1% vs 2024lowest in 5 years
Net result€115k-€96k▼ 16.5%€106k▲ 9.7%€143k▲ 35.5%€62k▼ 56.6%
2021: €115k
2022: €96k▼ -16.5% vs 2021
2023: €106k▲ +9.7% vs 2022
2024: €143k▲ +35.5% vs 2023highest in 5 years
2025: €62k▼ -56.6% vs 2024lowest in 5 years
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 84% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.16M
Fixed assets
€132k ▲ 29.3%
Current assets
€1.03M ▲ 45.1%
Equity and liabilities €1.16M
Equity
€700k ▲ 9.7%
Debt
€459k ▲ 167%
Debt's share of the balance-sheet total rises from 21.2% to 39.6%. Equity and debt are higher.
Key figures and ratios
EBITDA
€58k▼
2024 · €193k
Cash flow
€94k▼
2024 · €170k
Current ratio
2.43▼
2024 · 4.11
Quick ratio
0.94▼
2024 · 1.36
Debt to equity
0.66▲
2024 · 0.27
ROE
8.9%▼
2024 · 22.4%
ROA
5.4%▼
2024 · 17.7%
Interest coverage
3.16▼
2024 · 17.24
Debt ≤ 1 year
€422k▲
2024 · €172k
Debt > 1 year
€37k
Income taxes
€19k▼
2024 · €65k
Staff costs
€323k▲
2024 · €227k
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 · 57 lines
Balance sheet
Code20242025
Assets
Total assets20/58€810k€1.16M▲
Fixed assets21/28€102k€132k▲
Intangible fixed assets21-€45k
Tangible fixed assets22/27€88k€72k▼
Land and buildings22€7k€6k▼
Plant, machinery and equipment23€22k€26k▲
Furniture and vehicles24€59k€41k▼
Other tangible fixed assets26€238€0▼
Financial fixed assets28€15k€15k=
Current assets29/58€707k€1.03M▲
Stocks and contracts in progress3€473k€628k▲
Stocks30/36€473k€628k▲
Amounts receivable within one year40/41€73k€204k▲
Trade receivables40€3k€3k▲
Other amounts receivable41€71k€201k▲
Cash at bank and in hand54/58€158k€184k▲
Deferred charges and accrued income490/1€3k€10k▲
Equity and liabilities
Total equity and liabilities10/49€810k€1.16M▲
Equity10/15€638k€700k▲
Contributions10/11€19k€19k=
Reserves13€617k€617k=
Distributable reserves133€617k€617k=
Profit (loss) carried forward14€2k€64k▲
Amounts payable17/49€172k€459k▲
Amounts payable after more than one year17-€37k
Financial debts170/4-€37k
Amounts payable within one year42/48€172k€422k▲
Current portion of amounts payable after more than one year42-€33k
Financial debts43€22k€8k▼
Credit institutions430/8€22k€8k▼
Trade debts44€46k€135k▲
Suppliers440/4€46k€135k▲
Taxes, remuneration and social security45€52k€67k▲
Taxes450/3€27k€33k▲
Remuneration and social security454/9€24k€34k▲
Other amounts payable47/48€52k€178k▲
Accrued charges and deferred income492/3€0-
Income statement
Code20242025
Non-recurring operating income76A€0-
Remuneration, social security and pensions62€227k€323k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€27k€32k▲
Other operating charges640/8€24k€21k▼
Gross operating margin9900€444k€402k▼
Operating profit (loss)9901€166k€26k▼
Financial income75/76B€53k€73k▲
Recurring financial income75€53k€73k▲
Financial charges65/66B€11k€18k▲
Recurring financial charges65€11k€18k▲
Profit (loss) for the period before taxes9903€208k€82k▼
Income taxes67/77€65k€19k▼
Profit (loss) for the period9904€143k€62k▼
Profit (loss) for the period to be appropriated9905€143k€62k▼
Appropriation of the result
Profit (loss) to be appropriated9906€145k€64k▼
Profit (loss) brought forward from the previous period14P€2k€2k=
Transfer to equity691/2€143k€0▼
To the legal reserve6920€0-
To other reserves6921€143k€0▼
Social balance
Average headcount (FTE)90874.36.8▲
The notes to these accounts (17 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | €28k | - | - | €0 | - | - |
| Remuneration, social security and pensions62 | €184k | €184k | €185k | €227k | €323k | ▲ 42.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €41k | €37k | €21k | €27k | €32k | ▲ 17.9% |
| Other operating charges640/8 | €1k | €2k | €3k | €24k | €21k | ▼ 10.4% |
| Gross operating margin9900 | €359k | €314k | €306k | €444k | €402k | ▼ 9.4% |
| Operating profit (loss)9901 | €133k | €91k | €97k | €166k | €26k | ▼ 84.1% |
| Financial income75/76B | €32k | €53k | €61k | €53k | €73k | ▲ 39.4% |
| Recurring financial income75 | €32k | €53k | €54k | €53k | €73k | ▲ 39.4% |
| Non-recurring financial income76B | - | - | €8k | - | - | - |
| Financial charges65/66B | €6k | €5k | €8k | €11k | €18k | ▲ 64.6% |
| Recurring financial charges65 | €4k | €5k | €8k | €11k | €18k | ▲ 64.6% |
| Non-recurring financial charges66B | €3k | €387 | €310 | - | - | - |
| Profit (loss) for the period before taxes9903 | €158k | €138k | €151k | €208k | €82k | ▼ 60.8% |
| Income taxes67/77 | €43k | €42k | €45k | €65k | €19k | ▼ 70.1% |
| Profit (loss) for the period9904 | €115k | €96k | €106k | €143k | €62k | ▼ 56.6% |
| Profit (loss) for the period to be appropriated9905 | €115k | €96k | €106k | €143k | €62k | ▼ 56.6% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €564k | €619k | €668k | €810k | €1.16M | ▲ 43.1% |
| Fixed assets21/28 | €69k | €33k | €126k | €102k | €132k | ▲ 29.3% |
| Intangible fixed assets21 | - | - | - | - | €45k | - |
| Tangible fixed assets22/27 | €54k | €19k | €112k | €88k | €72k | ▼ 17.4% |
| Land and buildings22 | €17k | €9k | €8k | €7k | €6k | ▼ 16.8% |
| Plant, machinery and equipment23 | €3k | €3k | €25k | €22k | €26k | ▲ 18.7% |
| Furniture and vehicles24 | €9k | €6k | €78k | €59k | €41k | ▼ 30.5% |
| Other tangible fixed assets26 | €25k | €758 | €498 | €238 | €0 | ▼ 100% |
| Financial fixed assets28 | €15k | €15k | €15k | €15k | €15k | = |
| Current assets29/58 | €495k | €585k | €542k | €707k | €1.03M | ▲ 45.1% |
| Stocks and contracts in progress3 | €220k | €318k | €393k | €473k | €628k | ▲ 32.8% |
| Stocks30/36 | €220k | €318k | €393k | €473k | €628k | ▲ 32.8% |
| Amounts receivable within one year40/41 | €14k | - | €114 | €73k | €204k | ▲ 179% |
| Trade receivables40 | €288 | - | €114 | €3k | €3k | ▲ 13.3% |
| Other amounts receivable41 | €14k | - | - | €71k | €201k | ▲ 185% |
| Cash at bank and in hand54/58 | €259k | €265k | €146k | €158k | €184k | ▲ 16.6% |
| Deferred charges and accrued income490/1 | €2k | €3k | €3k | €3k | €10k | ▲ 201% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €564k | €619k | €668k | €810k | €1.16M | ▲ 43.1% |
| Equity10/15 | €351k | €389k | €495k | €638k | €700k | ▲ 9.7% |
| Contributions10/11 | €19k | €19k | €19k | €19k | €19k | = |
| Reserves13 | €330k | €368k | €474k | €617k | €617k | = |
| Non-distributable reserves130/1 | €2k | €2k | - | - | - | - |
| Reserves not available under the articles1311 | €2k | €2k | - | - | - | - |
| Distributable reserves133 | €329k | €366k | €474k | €617k | €617k | = |
| Profit (loss) carried forward14 | €2k | €2k | €2k | €2k | €64k | ▲ 2,596% |
| Amounts payable17/49 | €213k | €230k | €173k | €172k | €459k | ▲ 167% |
| Amounts payable after more than one year17 | - | - | - | - | €37k | - |
| Financial debts170/4 | - | - | - | - | €37k | - |
| Amounts payable within one year42/48 | €213k | €230k | €171k | €172k | €422k | ▲ 145% |
| Current portion of amounts payable after more than one year42 | - | - | - | - | €33k | - |
| Financial debts43 | - | - | - | €22k | €8k | ▼ 64.2% |
| Credit institutions430/8 | - | - | - | €22k | €8k | ▼ 64.2% |
| Trade debts44 | €75k | €104k | €50k | €46k | €135k | ▲ 196% |
| Suppliers440/4 | €75k | €104k | €50k | €46k | €135k | ▲ 196% |
| Taxes, remuneration and social security45 | €88k | €44k | €56k | €52k | €67k | ▲ 29.3% |
| Taxes450/3 | €61k | €25k | €36k | €27k | €33k | ▲ 19.7% |
| Remuneration and social security454/9 | €26k | €19k | €20k | €24k | €34k | ▲ 40.2% |
| Other amounts payable47/48 | €51k | €82k | €64k | €52k | €178k | ▲ 243% |
| Accrued charges and deferred income492/3 | - | - | €3k | €0 | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €115k | €96k | €106k | €143k | €62k | ▼ 56.6% |
| + Depreciation and write-downs630 | €41k | €37k | €21k | €27k | €32k | ▲ 17.9% |
| Operating cash flow (approximation) | €157k | €133k | €127k | €170k | €94k | ▼ 44.8% |
| Investment in fixed assets (approximation) | - | €-983 | €-114k | €-3k | €-62k | ▼ 1,925% |
| Change in cash | - | €7k | €-120k | €12k | €26k | ▲ 121% |
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
16-04
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
18-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Highest result since 2018net €143k ▲35.5%
Operating result €166k, net result €143k, both a record.
31-12
Financial
Equity above €500kEq €638k ▲28.9%
7 profitable years in a row build equity to €638k.
26-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
22-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
17-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
14-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Weakest financial yearnet €20k ▼77.7%
Net result drops to €20k, the lowest in the series; recovery starts the following year.
26-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
28-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
30-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
27-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 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
3 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, Gent · 4 establishment units since 2013
Ground area
767 m²
Building footprint
754 m²
Volume, LiDAR
7,246 m³
4 parcels, Flanders · tallest building 18.5 m, ±4 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
4 establishment units
Mephisto Shop Oostende
since 20132.224.712.717
Mephisto Shop Gent
since 20192.288.463.887
Mephisto Shop Kortrijk
since 20232.349.098.884
Mephisto Shop Brugge
since 20252.368.855.410
4 parcels
Flanders
4
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44803C0482/00C000 | Flanders | 263 m² | 1 · 280 m² | 15.2 m · 4 fl. |
| 31804D1443/00Y000 | Flanders | 201 m² | 1 · 184 m² | 13.0 m · 3 fl. |
| 35013A0164/00C000 | Flanders | 196 m² | 1 · 184 m² | 18.4 m · 4 fl. |
| 34353H1149/00D000 | Flanders | 106 m² | 1 · 106 m² | 14.3 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
4 of 4 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2024 to 2025 · 2 entries · 762 EUR awarded · 762 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 0 EUR | 762 EUR |
| 2024 | 1 | 762 EUR | 0 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 1,034 companies in sector 47721 we hold annual accounts for 582. 348 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
Founded03-12-2013
Fiscal year end31-12
Activities, NACEBEL 2025
47721Retail sale of footwear
47120Other non-specialised retail sale
Scores and ratios are computed by Checked and are not a credit decision.