bRight builders
ActiveSummary
bRight builders has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€57,138) and a net result of -€6,705. Equity is shrinking by ~7.1% per year across the filed fiscal years. Its solvency ranks better than 13% of 9354 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability36▼-2
Solvency21=
Growth32▼-26
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.96 against 0.96 in 2024; short-term debt: 104.4% and cash: 0% of total assets), and equity is negative.
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Signals
Four 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 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
-4.4%
Return on assets
-0.5%
Age of the figures
13 mo
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
19202122232425
2019 to 2025 · latest year -€57,138
neutral · Filed after the deadline
The financial year that closed on 31-08-2025 was due by 31-03-2026 and was filed on 30-04-2026, 30 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 7 filingsDeviation from the deadline
2025
30 d late
2024
30 d late
2023
61 d late
2022
61 d late
2021
30 d late
2020
30 d late
2019
30 d late
← 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 39 days after the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-08-2026 and is due by 31-03-2027. Nothing is late today. Usually files around 30 April (4 of the last 5 filed years within 31 days of that day).
Companies Code · seven monthsPosition in the running window
31-08-2026 close30-09-2026 today31-03-2027 deadline
History
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Financials · fiscal year 2025, abbreviated schema
Equity
-€57,138▼ 13.3%
2024 · -€50,433
Total assets
€1.3m▲ 11.9%
2024 · €1.2m
Net result
-€6,705
2024 · €4,003
Working capital
-€57,138▼ 13.3%
2024 · -€50,433
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 68, Real estate activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€19,910-€7,166€42,325€6,042▼ 85.7%€4,045▼ 33.1%
Net result-€7,803within the sector's middle half▲ 87.5%-€9,741within the sector's middle half▼ 24.8%€6,673within the sector's middle half€4,003within the sector's middle half▼ 40.0%-€6,705within the sector's middle half
Equity-€51,368below the sector's middle half▼ 17.9%-€61,109below the sector's middle half▼ 19.0%-€54,436below the sector's middle half▲ 10.9%-€50,433below the sector's middle half▲ 7.4%-€57,138below the sector's middle half▼ 13.3%
Total assets€796,855within the sector's middle half▲ 2.5%€782,891within the sector's middle half▼ 1.8%€856,527within the sector's middle half▲ 9.4%€1.2mwithin the sector's middle half▲ 35.2%€1.3mwithin the sector's middle half▲ 11.9%
Debt€848,223▲ 3.3%€844,000▼ 0.5%€910,963▲ 7.9%€1.2m▲ 32.7%€1.4m▲ 12.0%
Working capital-€31,368within the sector's middle half▲ 10.7%-€61,109within the sector's middle half▼ 94.8%-€54,436within the sector's middle half▲ 10.9%-€50,433within the sector's middle half▲ 7.4%-€57,138within the sector's middle half▼ 13.3%
Solvency-6.4%below the sector's middle half▼ 0.8pp-7.8%below the sector's middle half▼ 1.4pp-6.4%below the sector's middle half▲ 1.5pp-4.4%below the sector's middle half▲ 2.0pp-4.4%below the sector's middle half▼ 0.1pp
Current ratio0.96within the sector's middle half▲ 0.010.93within the sector's middle half▼ 0.030.94within the sector's middle half▲ 0.010.96within the sector's middle half▲ 0.020.96within the sector's middle half=
Return on assets (ROA)-1.0%below the sector's middle half▲ 7.0pp-1.2%below the sector's middle half▼ 0.3pp0.8%within the sector's middle half▲ 2.0pp0.3%within the sector's middle half▼ 0.4pp-0.5%within the sector's middle half▼ 0.9pp
above
within
below
the middle half (P25 to P75) of NACE 68, Real estate activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 33% below 2024.
Key figures and ratios
Quick ratio
0.03▼
2024 · 0.04
Debt to equity
-23.69▲
2024 · -23.96
Debt ≤ 1 year
€1.4m▲
2024 · €1.2m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 1,167 companies that looked in July 2024 the way this one looks now, 2.0% went bankrupt within 24 months and 95% are still going.
- Small
- 5 to 10 years old
- negative equity
- a small loss
2.0%
went bankrupt
2.8%
stopped otherwise
95%
still going
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.4% 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 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 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% |
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 1,167 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 |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | €20,000 | €2,500 | €50,214 | €14,250 | €6,000 | ▼ 57.9% |
| Other operating charges640/8 | €90 | €369 | €351 | €2,325 | €893 | ▼ 61.6% |
| Gross operating margin9900 | €20,000 | -€6,797 | €42,676 | €8,367 | €4,938 | ▼ 41.0% |
| Operating profit (loss)9901 | €19,910 | -€7,166 | €42,325 | €6,042 | €4,045 | ▼ 33.1% |
| Financial income75/76B | - | - | €944 | €6,013 | €1,191 | ▼ 80.2% |
| Recurring financial income75 | - | - | €944 | €6,013 | €1,191 | ▼ 80.2% |
| Financial charges65/66B | €27,713 | €2,575 | €36,596 | €8,052 | €11,941 | ▲ 48.3% |
| Recurring financial charges65 | €27,713 | €2,575 | €36,596 | €8,052 | €11,941 | ▲ 48.3% |
| Profit (loss) for the period before taxes9903 | -€7,803 | -€9,741 | €6,673 | €4,003 | -€6,705 | ▼ 267% |
| Profit (loss) for the period9904 | -€7,803 | -€9,741 | €6,673 | €4,003 | -€6,705 | ▼ 267% |
| Profit (loss) for the period to be appropriated9905 | -€7,803 | -€9,741 | €6,673 | €4,003 | -€6,705 | ▼ 267% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €796,855 | €782,891 | €856,527 | €1.2m | €1.3m | ▲ 11.9% |
| Current assets29/58 | €796,855 | €782,891 | €856,527 | €1.2m | €1.3m | ▲ 11.9% |
| Stocks and contracts in progress3 | €756,505 | €756,505 | €803,684 | €1.1m | €1.3m | ▲ 13.1% |
| Stocks30/36 | €756,505 | €756,505 | €803,684 | €1.1m | €1.3m | ▲ 13.1% |
| Amounts receivable within one year40/41 | - | €161 | €192 | €4,516 | €17,916 | ▲ 297% |
| Other amounts receivable41 | - | €161 | €192 | €4,516 | €17,916 | ▲ 297% |
| Cash at bank and in hand54/58 | €349 | €1,225 | €4,151 | €2,861 | €350 | ▼ 87.8% |
| Deferred charges and accrued income490/1 | €40,000 | €25,000 | €48,500 | €38,750 | €20,000 | ▼ 48.4% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €796,855 | €782,891 | €856,527 | €1.2m | €1.3m | ▲ 11.9% |
| Equity10/15 | -€51,368 | -€61,109 | -€54,436 | -€50,433 | -€57,138 | ▼ 13.3% |
| Contributions10/11 | €18,550 | €18,550 | €18,550 | €18,550 | €18,550 | = |
| Reserves13 | €10 | €10 | €10 | €10 | €10 | = |
| Non-distributable reserves130/1 | €10 | €10 | €10 | €10 | €10 | = |
| Reserves not available under the articles1311 | €10 | €10 | €10 | €10 | €10 | = |
| Profit (loss) carried forward14 | -€69,928 | -€79,669 | -€72,996 | -€68,993 | -€75,698 | ▼ 9.7% |
| Amounts payable17/49 | €848,223 | €844,000 | €910,963 | €1.2m | €1.4m | ▲ 12.0% |
| Amounts payable within one year42/48 | €828,223 | €844,000 | €910,963 | €1.2m | €1.4m | ▲ 12.0% |
| Trade debts44 | €2,973 | - | €908 | - | €5,445 | - |
| Suppliers440/4 | €2,973 | - | €908 | - | €5,445 | - |
| Taxes, remuneration and social security45 | - | €750 | €11,705 | €11,706 | €11,706 | = |
| Taxes450/3 | - | €750 | €11,705 | €11,706 | €11,706 | = |
| Other amounts payable47/48 | €825,250 | €843,250 | €898,350 | €1.2m | €1.3m | ▲ 11.6% |
| Accrued charges and deferred income492/3 | €20,000 | - | - | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€7,803 | -€9,741 | €6,673 | €4,003 | -€6,705 | ▼ 267% |
| Operating cash flow (approximation) | -€7,803 | -€9,741 | €6,673 | €4,003 | -€6,705 | ▼ 267% |
| Change in cash | - | €876 | €2,926 | -€1,290 | -€2,511 | ▼ 94.7% |
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
30-04
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 30 days late
2025
30-04
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 30 days late
2024
31-05
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 61 days late
2023
31-08
Financial
Back to profitnet €6,673
Net result €6,673 after 3 loss-making years.
31-05
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 61 days late
2022
30-04
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 30 days late
2021
30-04
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 30 days late
2020
31-08
Financial
Weakest financial yearnet -€62,307
Net result drops to -€62,307, the lowest in the series; recovery starts the following year.
30-04
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 30 days late
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, Veurne · 1 establishment unit since 2017
Ground area
1,881 m²
Building footprint
1,130 m²
Volume, LiDAR
14,643 m³
Parcel 38025A0498/00P000, Flanders · tallest building 21.3 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
bRight builders
since 20172.269.260.164
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 38025A0498/00P000 | Flanders | 1,881 m² | 1 · 1,130 m² | 21.3 m · 5 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.
1 of these parcels carry protected heritage: expect extra rules on renovation or sale.
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Of 12,041 companies in sector 68203 we hold annual accounts for 6,007. 2,048 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 (pre-2019)
Founded25-10-2017
Fiscal year end31-08
Activities, NACEBEL 2025
68203Renting and operating of own or leased non-residential real estate, excluding land
68122Development of non-residential building projects
68201Renting and operating of own or leased residential real estate, excluding social housing
E-invoicing
Reachable via Peppol
Peppol ID
0208:0683714495
Registered
31-03-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.