BRIGHTBOARD
ActiveBRIGHTBOARD has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €110k and a net result of €-212k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 13% of 7912 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability0▼-100
Solvency14▼-26
Growth32▼-26
Stability100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days only on tighter terms
Liquidity tight (current ratio 1.02 against 1.93 in 2024), and 96.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← 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
3.3%
Return on assets
-6.3%
Age of the figures
14 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 13% of 7912 sector peers (2025).
NBB · sector comparisonPosition among 7912 sector peers
Solvency
better than 13%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 30-01-2026, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
1 d early
2024
3 d late
2023
15 d late
2022
on the day
2021
3 d early
2020
20 d early
2018
133 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close13-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€110k▼ 65.8%
2024 · €322k
2018: €511k
2020: €158k
2021: €376k
2022: €628k
2023: €680k
2024: €322k
2018 → 2025
Total assets
€3.34M▲ 26.7%
2024 · €2.64M
2018: €4.31M
2020: €2.53M
2021: €2.99M
2022: €2.50M
2023: €2.29M
2024: €2.64M
2018 → 2025
Net result
€-212k
2024 · €311k
2018: €91k
2020: €-353k
2021: €219k
2022: €252k
2023: €52k
2024: €311k
2018 → 2025
Working capital
€44k▼ 94.8%
2024 · €844k
2018: €832k
2020: €297k
2021: €1.15M
2022: €639k
2023: €1.02M
2024: €844k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€376k-€628k▲ 66.9%€680k▲ 8.3%€322k▼ 52.7%€110k▼ 65.8%
Operating result€258k-€275k▲ 6.7%€99k▼ 64.1%€473k▲ 379%€-142k
Net result€219k-€252k▲ 15.2%€52k▼ 79.4%€311k▲ 501%€-212k
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €142k after €473k in 2024, the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.34M
Fixed assets
€1.40M▲ 58.6%
Current assets
€1.94M▲ 10.6%
Equity and liabilities €3.34M
Equity
€110k▼ 65.8%
Debt
€3.23M▲ 39.5%
The debt ratio rises from 87.8% to 96.7%: debt grows while equity shrinks.
Key figures and ratios
EBITDA
€327k▼
2024 · €941k
Cash flow
€258k▼
2024 · €779k
Solvency
3.3%▼
2024 · 12.2%
Current ratio
1.02▼
2024 · 1.93
Quick ratio
0.78▼
2024 · 1.47
Debt / equity
29.35▲
2024 · 7.19
ROE
-192.6%▼
2024 · 96.8%
ROA
-6.3%▼
2024 · 11.8%
Interest coverage
4.38▼
2024 · 17.35
Debt
€3.23M▲
2024 · €2.31M
Debt ≤ 1 year
€1.89M▲
2024 · €907k
Debt > 1 year
€929k▲
2024 · €917k
Income taxes
€2k▼
2024 · €110k
Staff costs
€771k▲
2024 · €735k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€2.64M€3.34M▲
Fixed assets21/28€884k€1.40M▲
Intangible fixed assets21€8k€7k▼
Tangible fixed assets22/27€876k€1.40M▲
Plant, machinery and equipment23€863k€914k▲
Furniture and vehicles24€13k€231k▲
Leasing and similar rights25€0€251k▲
Current assets29/58€1.75M€1.94M▲
Stocks and contracts in progress3€419k€468k▲
Stocks30/36€419k€468k▲
Amounts receivable within one year40/41€867k€1.05M▲
Trade receivables40€865k€987k▲
Other amounts receivable41€2k€59k▲
Cash at bank and in hand54/58€278k€151k▼
Deferred charges and accrued income490/1€187k€272k▲
Equity and liabilities
Total equity and liabilities10/49€2.64M€3.34M▲
Equity10/15€322k€110k▼
Contributions10/11€98k€98k=
Reserves13€224k€224k=
Distributable reserves133€224k€224k=
Profit (loss) carried forward14€0€-212k▼
Amounts payable17/49€2.31M€3.23M▲
Amounts payable after more than one year17€917k€929k▲
Financial debts170/4€917k€929k▲
Amounts payable within one year42/48€907k€1.89M▲
Current portion of amounts payable after more than one year42€331k€290k▼
Financial debts43€50k€0▼
Credit institutions430/8€50k€0▼
Trade debts44€316k€490k▲
Suppliers440/4€316k€490k▲
Taxes, remuneration and social security45€210k€217k▲
Taxes450/3€144k€141k▼
Remuneration and social security454/9€66k€75k▲
Other amounts payable47/48-€895k
Accrued charges and deferred income492/3€489k€407k▼
Income statement
Code20242025
Non-recurring operating income76A€413€0▼
Remuneration, social security and pensions62€735k€771k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€468k€470k▲
Other operating charges640/8€8k€12k▲
Non-recurring operating charges66A-€278k
Gross operating margin9900€1.68M€1.39M▼
Operating profit (loss)9901€473k€-142k▼
Financial income75/76B€3k€7k▲
Recurring financial income75€3k€7k▲
Financial charges65/66B€54k€75k▲
Recurring financial charges65€54k€75k▲
Profit (loss) for the period before taxes9903€422k€-210k▼
Income taxes67/77€110k€2k▼
Profit (loss) for the period9904€311k€-212k▼
Profit (loss) for the period to be appropriated9905€311k€-212k▼
Appropriation of the result
Profit (loss) to be appropriated9906€971k€-212k▼
Profit (loss) brought forward from the previous period14P€660k€0▼
Transfer to equity691/2€971k€0▼
To other reserves6921€971k€0▼
Social balance
Average headcount (FTE)90879.59.3▼
The notes to these accounts (27 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
30-01
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
03-02
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 3 days late
2024
30-06
Financial
Highest result since 2018net €311k ▲501%
Operating result €473k, net result €311k, both a record.
15-02
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 15 days late
2023
31-01
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
30-06
Financial
Equity above €500kEq €628k ▲66.9%
2 profitable years in a row build equity to €628k.
28-01
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
30-06
Financial
Back to profitnet €219k
Net result €219k after one loss-making year.
30-06
Financial
Equity above €200kEq €376k ▲139%
Equity rises from €158k to €376k.
11-01
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
30-06
Financial
Weakest financial yearnet €-353k ▼490%
Net result drops to €-353k, the lowest in the series; recovery starts the following year.
2019
11-12
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 133 days late
2018
13-09
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 44 days late
2017
30-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
06-10
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 67 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Asse · 1 establishment unit since 2007
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Z. 5 Mollem 3181730 AsseGround area
5,268 m²
Building footprint
1,687 m²
Volume, LiDAR
10,867 m³
Parcel 23053B0194/00C000, Flanders · tallest building 9.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
BRIGHTBOARD
since 20072.160.561.370
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23053B0194/00C000 | Flanders | 5,268 m² | 1 · 1,687 m² | 9.2 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel 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
2022 to 2025 · 9 entries · 64,870 EUR awarded · 66,199 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 4 | 3,888 EUR | 33,740 EUR |
| 2024 | 2 | 8,400 EUR | 28,439 EUR |
| 2023 | 2 | 52,304 EUR | 3,742 EUR |
| 2022 | 1 | 278 EUR | 278 EUR |
Schemes
Kmo-groeisubsidie: steun voor groeitrajecten bij kmo's (stopgezet)
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Vlaams opleidingsverlof (VOV)
Similar companies · same sector, comparable size
MEDIA MARKT SCHOTEN
BE 0836.586.792
Schoten · Eq €110k
ELECTRO COTEUR
BE 0437.255.115
Alken · Eq €110k
ELECTRO CAILLET
BE 0433.085.697
Antwerpen · Eq €111k
P & SI
BE 0450.623.594
Awans · Eq €109k
DMG DE MEULEMEESTER
BE 0445.327.295
Tielt · Eq €111k
Of 970 companies in sector 46431 we hold annual accounts for 699. 486 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded13-03-2007
Fiscal year end30-06
Activities, NACEBEL
46431Wholesale of electrical household appliances and audio-video equipment
73120Media representation
74401
18130Pre-press and pre-media services
22250
46432Wholesale trade
46499Wholesale of other household goods
47400Retail sale of information and communication equipment
47430Retail trade
47540Retail sale of electrical household appliances
47630Retail trade
47690Retail sale of other cultural and recreation goods
52450
73110Advertising agencies
74402
77222Rental and leasing activities
Sources
Crossroads Bank for EnterprisesNational Bank · 18 filingsAddress and cadastre registers
Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.