Financials
- Financial year
- 2025
- Total assets
- €74,270
- Loss
- -€11,004
- Solvency
- 42.2%
Total assets▲ 6.6%
Net result
20182025
BRIGADON
ActiveSummary
BRIGADON has been active since 1993 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €31,376 and a net result of -€11,004. Equity is shrinking by about 12% per year across the filed financial years. The computed 12-month bankruptcy probability is 0.7% (low).
Overview
Activity
“Het oordeelkundig beheer van onroerend patrimonium.” (deed in Dutch)
From the articles, 9 activitiesNo NACE code in the KBO yet1 site
Size
€74,270total assets 2025
- Equity
- €31,376
- Loss
- -€11,004
Turnover not published (abbreviated or micro format)
Structure
- Jeroen VerstraetenDirector
- Kurt Van de VeldeDirector
- Marcelline VerstraetenManaging director
2025 accounts filed 25 days late1 of 5 deeds summarised
Why 67raises riskLoss of €11,004, the second in a row (financial year 2025)Last filed accounts filed 25 days late; 1 of the last 3 latelowers riskSize: total assets €74,270Founded in 1993Show the evidence
Checked score
Score 2025
67
/ 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially better than 19% of its sector peers (no NACE code, micro)
Financial strength · tick = 2024
Weak
Solvency
67-19
equity 42.2% of total assets
Liquidity
21-13
short-term debt 57.8% · cash 0.3%
Profitability
0=
return on assets -14.8%
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
About 7 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 0.4%
12-2024: 0.4%● unchanged vs 11-2024
01-2025: 0.4%● unchanged vs 12-2024
02-2025: 0.4%● unchanged vs 01-2025
03-2025: 0.4%● unchanged vs 02-2025lowest value
04-2025: 0.4%● unchanged vs 03-2025
05-2025: 0.4%● unchanged vs 04-2025
06-2025: 0.5%▲ +0.1 percentage points vs 05-2025
07-2025: 0.6%▲ +0.1 percentage points vs 06-2025
08-2025: 0.8%▲ +0.2 percentage points vs 07-2025
09-2025: 0.8%● unchanged vs 08-2025
10-2025: 1.0%▲ +0.2 percentage points vs 09-2025
11-2025: 1.0%● unchanged vs 10-2025
12-2025: 1.0%● unchanged vs 11-2025
01-2026: 1.0%● unchanged vs 12-2025
02-2026: 1.0%● unchanged vs 01-2026
03-2026: 0.9%▼ -0.1 percentage points vs 02-2026
04-2026: 0.9%● unchanged vs 03-2026
05-2026: 0.9%● unchanged vs 04-2026
06-2026: 1.0%▲ +0.1 percentage points vs 05-2026
07-2026: 1.1%▲ +0.1 percentage points vs 06-2026
08-2026: 1.5%▲ +0.4 percentage points vs 07-2026highest value
09-2026: 0.7%▼ -0.8 percentage points vs 08-2026
10-2026: 0.7%● unchanged vs 09-2026
Credit of up to €2,000 on 30-day terms is acceptable
Liquidity insufficient (current ratio 0.01, compared with 0.04 in 2024, below 1; short-term debt: 57.8% and cash: 0.3% of total assets), and 57.8% of the assets are financed with debt and provisions.
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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 (no NACE code, micro): better than 40% on solvency, 12% on liquidity, 9% on profitability and 15% on growth.
The bankruptcy probability was computed on 25-10-2026 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.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
Six signals.
lowers riskraises risk
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year -€11,004
raises risk · 2025 accounts filed 25 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 25-08-2026, 25 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filingsDeviation from the deadline
2025
25 days late
2024
36 days late
2023
19 days late
2022
17 days late
2021
31 days late
2020
45 days early
2019
52 days late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 7 accounts on average 19 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 25 August (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsWhere today falls in the filing period
26-10-2026 today31-12-2026 year end31-07-2027 deadline
- Annual accounts filedfinancial year 2025 · abbreviated…
- Annual accounts filedfinancial year 2024 · micro…
- Weakest financial yearnet -€12,647
Key points
By topic
Board & ownership
- Board
- 3 members
- Jeroen VerstraetenDirector
- Kurt Van de VeldeDirector
- Marcelline VerstraetenManaging director
Timeline
- Events
- 34
- Since
- 1995
- Next accounts
- by 31-07-2027
- 19-08-2024Annual accounts filed
- 05-01-2024Reappointment: Marcelline Verstraeten (managing director)
- 17-08-2023Annual accounts filed
Company details
- Sites
- 1
- Legal form
- Public limited company
- Founded
- 13-12-1993
- Year ends
- 31-12
- Peppol
- Not found in the Peppol directory
Articles of association
- Provisions read
- 20
- Annual meeting
- Last Friday of June at 15:00
- Purpose
- “Het oordeelkundig beheer van onroerend patrimonium; Zij mag ondermeer onroerende goederen…” (deed in Dutch)
Key facts about BRIGADON
- What is the company number of BRIGADON?
- 0451.616.261. In Belgium the VAT number is the company number with BE in front: BE 0451.616.261.
- Where is BRIGADON based?
- The registered office is at Assenedesteenweg 154, 9060 Zelzate.Company details
- What is the legal form of BRIGADON?
- Public limited company (NV).
- When was BRIGADON founded?
- On 13-12-1993.
- Is BRIGADON still active?
- Yes, BRIGADON is an active enterprise in the KBO register.
- What is the turnover of BRIGADON?
- Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.Financials
- Is BRIGADON profitable?
- In financial year 2025, BRIGADON made a loss of €11,004.
- Where can I find the annual accounts of BRIGADON?
- BRIGADON filed 32 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of BRIGADON due?
- By 31-07-2027, for financial year 2026.Timeline
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