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 (€-57k) and a net result of €-7k. Equity is shrinking by ~7.1% per year across the filed fiscal years. Its solvency ranks better than 13% of 9234 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.
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 · 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 €-57k
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 →
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.
Companies Code · seven monthsPosition in the running window
31-08-2026 close25-09-2026 today31-03-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€-57k▼ 13.3%
2024 · €-50k
2019: €19khighest in 7 years
2020: €-44k▼ -332% vs 2019
2021: €-51k▼ -17.9% vs 2020
2022: €-61k▼ -19.0% vs 2021lowest in 7 years
2023: €-54k▲ +10.9% vs 2022
2024: €-50k▲ +7.4% vs 2023
2025: €-57k▼ -13.3% vs 2024
2019 → 2025
Total assets
€1.30M▲ 11.9%
2024 · €1.16M
2019: €387klowest in 7 years
2020: €778k▲ +101% vs 2019
2021: €797k▲ +2.5% vs 2020
2022: €783k▼ -1.8% vs 2021
2023: €857k▲ +9.4% vs 2022
2024: €1.16M▲ +35.2% vs 2023
2025: €1.30M▲ +11.9% vs 2024highest in 7 years
2019 → 2025
Net result
€-7k
2024 · €4k
2019: €191
2020: €-62k▼ -32721% vs 2019lowest in 7 years
2021: €-8k▲ +87.5% vs 2020
2022: €-10k▼ -24.8% vs 2021
2023: €7k▲ +169% vs 2022highest in 7 years
2024: €4k▼ -40.0% vs 2023
2025: €-7k▼ -267% vs 2024
2019 → 2025
Working capital
€-57k▼ 13.3%
2024 · €-50k
2019: €20khighest in 7 years
2020: €-35k▼ -278% vs 2019
2021: €-31k▲ +10.7% vs 2020
2022: €-61k▼ -94.8% vs 2021lowest in 7 years
2023: €-54k▲ +10.9% vs 2022
2024: €-50k▲ +7.4% vs 2023
2025: €-57k▼ -13.3% vs 2024
2019 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-51k-€-61k▼ 19.0%€-54k▲ 10.9%€-50k▲ 7.4%€-57k▼ 13.3%
2021: €-51k
2022: €-61k▼ -19.0% vs 2021lowest in 5 years
2023: €-54k▲ +10.9% vs 2022
2024: €-50k▲ +7.4% vs 2023highest in 5 years
2025: €-57k▼ -13.3% vs 2024
Operating result€20k-€-7k€42k€6k▼ 85.7%€4k▼ 33.1%
2021: €20k
2022: €-7k▼ -136% vs 2021lowest in 5 years
2023: €42k▲ +691% vs 2022highest in 5 years
2024: €6k▼ -85.7% vs 2023
2025: €4k▼ -33.1% vs 2024
Net result€-8k-€-10k▼ 24.8%€7k€4k▼ 40.0%€-7k
2021: €-8k
2022: €-10k▼ -24.8% vs 2021lowest in 5 years
2023: €7k▲ +169% vs 2022highest in 5 years
2024: €4k▼ -40.0% vs 2023
2025: €-7k▼ -267% vs 2024
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
Solvency
-4.4%▼
2024 · -4.4%
Current ratio
0.96▼
2024 · 0.96
Quick ratio
0.03▼
2024 · 0.04
Debt to equity
-23.69▲
2024 · -23.96
ROA
-0.5%▼
2024 · 0.3%
Debt
€1.35M▲
2024 · €1.21M
Debt ≤ 1 year
€1.35M▲
2024 · €1.21M
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 · 35 lines
Balance sheet
Code20242025
Assets
Total assets20/58€1.16M€1.30M▲
Current assets29/58€1.16M€1.30M▲
Stocks and contracts in progress3€1.11M€1.26M▲
Stocks30/36€1.11M€1.26M▲
Amounts receivable within one year40/41€5k€18k▲
Other amounts receivable41€5k€18k▲
Cash at bank and in hand54/58€3k€350▼
Deferred charges and accrued income490/1€39k€20k▼
Equity and liabilities
Total equity and liabilities10/49€1.16M€1.30M▲
Equity10/15€-50k€-57k▼
Contributions10/11€19k€19k=
Reserves13€10€10=
Non-distributable reserves130/1€10€10=
Reserves not available under the articles1311€10€10=
Profit (loss) carried forward14€-69k€-76k▼
Amounts payable17/49€1.21M€1.35M▲
Amounts payable within one year42/48€1.21M€1.35M▲
Trade debts44-€5k
Suppliers440/4-€5k
Taxes, remuneration and social security45€12k€12k=
Taxes450/3€12k€12k=
Other amounts payable47/48€1.20M€1.34M▲
Income statement
Code20242025
Non-recurring operating income76A€14k€6k▼
Other operating charges640/8€2k€893▼
Gross operating margin9900€8k€5k▼
Operating profit (loss)9901€6k€4k▼
Financial income75/76B€6k€1k▼
Recurring financial income75€6k€1k▼
Financial charges65/66B€8k€12k▲
Recurring financial charges65€8k€12k▲
Profit (loss) for the period before taxes9903€4k€-7k▼
Profit (loss) for the period9904€4k€-7k▼
Profit (loss) for the period to be appropriated9905€4k€-7k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-69k€-76k▼
Profit (loss) brought forward from the previous period14P€-73k€-69k▲
The notes to these accounts (2 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 | €20k | €3k | €50k | €14k | €6k | ▼ 57.9% |
| Other operating charges640/8 | €90 | €369 | €351 | €2k | €893 | ▼ 61.6% |
| Gross operating margin9900 | €20k | €-7k | €43k | €8k | €5k | ▼ 41.0% |
| Operating profit (loss)9901 | €20k | €-7k | €42k | €6k | €4k | ▼ 33.1% |
| Financial income75/76B | - | - | €944 | €6k | €1k | ▼ 80.2% |
| Recurring financial income75 | - | - | €944 | €6k | €1k | ▼ 80.2% |
| Financial charges65/66B | €28k | €3k | €37k | €8k | €12k | ▲ 48.3% |
| Recurring financial charges65 | €28k | €3k | €37k | €8k | €12k | ▲ 48.3% |
| Profit (loss) for the period before taxes9903 | €-8k | €-10k | €7k | €4k | €-7k | ▼ 267% |
| Profit (loss) for the period9904 | €-8k | €-10k | €7k | €4k | €-7k | ▼ 267% |
| Profit (loss) for the period to be appropriated9905 | €-8k | €-10k | €7k | €4k | €-7k | ▼ 267% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €797k | €783k | €857k | €1.16M | €1.30M | ▲ 11.9% |
| Current assets29/58 | €797k | €783k | €857k | €1.16M | €1.30M | ▲ 11.9% |
| Stocks and contracts in progress3 | €757k | €757k | €804k | €1.11M | €1.26M | ▲ 13.1% |
| Stocks30/36 | €757k | €757k | €804k | €1.11M | €1.26M | ▲ 13.1% |
| Amounts receivable within one year40/41 | - | €161 | €192 | €5k | €18k | ▲ 297% |
| Other amounts receivable41 | - | €161 | €192 | €5k | €18k | ▲ 297% |
| Cash at bank and in hand54/58 | €349 | €1k | €4k | €3k | €350 | ▼ 87.8% |
| Deferred charges and accrued income490/1 | €40k | €25k | €49k | €39k | €20k | ▼ 48.4% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €797k | €783k | €857k | €1.16M | €1.30M | ▲ 11.9% |
| Equity10/15 | €-51k | €-61k | €-54k | €-50k | €-57k | ▼ 13.3% |
| Contributions10/11 | €19k | €19k | €19k | €19k | €19k | = |
| 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 | €-70k | €-80k | €-73k | €-69k | €-76k | ▼ 9.7% |
| Amounts payable17/49 | €848k | €844k | €911k | €1.21M | €1.35M | ▲ 12.0% |
| Amounts payable within one year42/48 | €828k | €844k | €911k | €1.21M | €1.35M | ▲ 12.0% |
| Trade debts44 | €3k | - | €908 | - | €5k | - |
| Suppliers440/4 | €3k | - | €908 | - | €5k | - |
| Taxes, remuneration and social security45 | - | €750 | €12k | €12k | €12k | = |
| Taxes450/3 | - | €750 | €12k | €12k | €12k | = |
| Other amounts payable47/48 | €825k | €843k | €898k | €1.20M | €1.34M | ▲ 11.6% |
| Accrued charges and deferred income492/3 | €20k | - | - | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-8k | €-10k | €7k | €4k | €-7k | ▼ 267% |
| Operating cash flow (approximation) | €-8k | €-10k | €7k | €4k | €-7k | ▼ 267% |
| Change in cash | - | €876 | €3k | €-1k | €-3k | ▼ 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 €7k
Net result €7k 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 €-62k
Net result drops to €-62k, 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 12,020 companies in sector 68203 we hold annual accounts for 5,986. 2,039 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
Scores and ratios are computed by Checked and are not a credit decision.