BrightM
ActiveSummary
BrightM has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €81k and a net result of €14k. Equity is growing by ~32.7% per year across the filed fiscal years. Its solvency ranks better than 69% of 7780 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability84▼-14
Solvency96▲+21
Growth52=
Track record94
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6k at 30 days acceptable
Liquidity ample (current ratio 3.97 against 2.17 in 2024; short-term debt: 17.2% and cash: 53.5% of total assets), and 28.7% of the assets are financed with debt.
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
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 82
Relative position
BE, all sectors
reference
Office administrative, office support and other business support activities (NACE 82)
about 37% fewer 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
71.3%
Return on assets
12.2%
Age of the figures
9 mo
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 30-04-2026, 92 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
92 d early
2024
14 d early
2023
40 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, micro schema
Equity
€81k▲ 20.6%
2024 · €67k
2023: €37klowest in 3 years
2024: €67k▲ +80.9% vs 2023
2025: €81k▲ +20.6% vs 2024highest in 3 years
2023 → 2025
Total assets
€114k▼ 15.1%
2024 · €134k
2023: €60klowest in 3 years
2024: €134k▲ +125% vs 2023highest in 3 years
2025: €114k▼ -15.1% vs 2024
2023 → 2025
Net result
€14k▼ 55.2%
2024 · €31k
2023: €38khighest in 3 years
2024: €31k▼ -18.2% vs 2023
2025: €14k▼ -55.2% vs 2024lowest in 3 years
2023 → 2025
Working capital
€58k▲ 18.6%
2024 · €49k
2023: €33klowest in 3 years
2024: €49k▲ +48.1% vs 2023
2025: €58k▲ +18.6% vs 2024highest in 3 years
2023 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202320242025Trend
Equity€37k-€67k▲ 80.9%€81k▲ 20.6%
2023: €37klowest in 3 years
2024: €67k▲ +80.9% vs 2023
2025: €81k▲ +20.6% vs 2024highest in 3 years
Operating result€48k-€42k▼ 13.3%€20k▼ 52.6%
2023: €48khighest in 3 years
2024: €42k▼ -13.3% vs 2023
2025: €20k▼ -52.6% vs 2024lowest in 3 years
Net result€38k-€31k▼ 18.2%€14k▼ 55.2%
2023: €38khighest in 3 years
2024: €31k▼ -18.2% vs 2023
2025: €14k▼ -55.2% vs 2024lowest in 3 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 53% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €114k
Fixed assets
€36k ▼ 16.0%
Current assets
€78k ▼ 14.7%
Equity and liabilities €114k
Equity
€81k ▲ 20.6%
Debt
€33k ▼ 51.1%
Debt's share of the balance-sheet total falls from 49.8% to 28.7%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€33k▼
2024 · €54k
Cash flow
€27k▼
2024 · €43k
Current ratio
3.97▲
2024 · 2.17
Debt to equity
0.40▼
2024 · 0.99
ROE
17.1%▼
2024 · 45.9%
ROA
12.2%▼
2024 · 23.1%
Interest coverage
23.51▼
2024 · 31.10
Debt ≤ 1 year
€20k▼
2024 · €42k
Debt > 1 year
€13k▼
2024 · €25k
Income taxes
€5k▼
2024 · €9k
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 · 43 lines
Balance sheet
Code20242025
Assets
Total assets20/58€134k€114k▼
Fixed assets21/28€43k€36k▼
Tangible fixed assets22/27€43k€36k▼
Land and buildings22-€5k
Furniture and vehicles24€43k€31k▼
Current assets29/58€91k€78k▼
Amounts receivable within one year40/41€40k€16k▼
Trade receivables40€40k€16k▼
Other amounts receivable41€0-
Cash at bank and in hand54/58€51k€61k▲
Deferred charges and accrued income490/1€132€409▲
Equity and liabilities
Total equity and liabilities10/49€134k€114k▼
Equity10/15€67k€81k▲
Contributions10/11€1k€1k=
Reserves13€66k€80k▲
Distributable reserves133€66k€80k▲
Profit (loss) carried forward14€0€0=
Amounts payable17/49€67k€33k▼
Amounts payable after more than one year17€25k€13k▼
Financial debts170/4€25k€13k▼
Amounts payable within one year42/48€42k€20k▼
Current portion of amounts payable after more than one year42€11k€12k▲
Trade debts44€0€324▲
Suppliers440/4€0€324▲
Taxes, remuneration and social security45€28k€7k▼
Taxes450/3€28k€7k▼
Remuneration and social security454/9-€500
Other amounts payable47/48€3k€220▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€12k€13k▲
Other operating charges640/8€519€263▼
Gross operating margin9900€54k€33k▼
Operating profit (loss)9901€42k€20k▼
Financial charges65/66B€2k€1k▼
Recurring financial charges65€2k€1k▼
Profit (loss) for the period before taxes9903€40k€18k▼
Income taxes67/77€9k€5k▼
Profit (loss) for the period9904€31k€14k▼
Profit (loss) for the period to be appropriated9905€31k€14k▼
Appropriation of the result
Profit (loss) to be appropriated9906€31k€14k▼
Transfer to equity691/2€30k€14k▼
To other reserves6921€30k€14k▼
Profit to be distributed694/7€833€0▼
Return on contributions (dividend)694€833€0▼
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2k | €12k | €13k | ▲ 8.5% |
| Other operating charges640/8 | - | €519 | €263 | ▼ 49.4% |
| Gross operating margin9900 | €50k | €54k | €33k | ▼ 39.0% |
| Operating profit (loss)9901 | €48k | €42k | €20k | ▼ 52.6% |
| Financial charges65/66B | €46 | €2k | €1k | ▼ 19.1% |
| Recurring financial charges65 | €46 | €2k | €1k | ▼ 19.1% |
| Profit (loss) for the period before taxes9903 | €48k | €40k | €18k | ▼ 54.0% |
| Income taxes67/77 | €10k | €9k | €5k | ▼ 50.1% |
| Profit (loss) for the period9904 | €38k | €31k | €14k | ▼ 55.2% |
| Profit (loss) for the period to be appropriated9905 | €38k | €31k | €14k | ▼ 55.2% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €60k | €134k | €114k | ▼ 15.1% |
| Fixed assets21/28 | €4k | €43k | €36k | ▼ 16.0% |
| Tangible fixed assets22/27 | €4k | €43k | €36k | ▼ 16.0% |
| Land and buildings22 | - | - | €5k | - |
| Furniture and vehicles24 | €4k | €43k | €31k | ▼ 28.3% |
| Current assets29/58 | €55k | €91k | €78k | ▼ 14.7% |
| Amounts receivable within one year40/41 | €11k | €40k | €16k | ▼ 59.5% |
| Trade receivables40 | €10k | €40k | €16k | ▼ 59.5% |
| Other amounts receivable41 | €1k | €0 | - | - |
| Cash at bank and in hand54/58 | €44k | €51k | €61k | ▲ 20.4% |
| Deferred charges and accrued income490/1 | €127 | €132 | €409 | ▲ 211% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €60k | €134k | €114k | ▼ 15.1% |
| Equity10/15 | €37k | €67k | €81k | ▲ 20.6% |
| Contributions10/11 | €1k | €1k | €1k | = |
| Reserves13 | €36k | €66k | €80k | ▲ 20.9% |
| Distributable reserves133 | €36k | €66k | €80k | ▲ 20.9% |
| Profit (loss) carried forward14 | €0 | €0 | €0 | - |
| Amounts payable17/49 | €22k | €67k | €33k | ▼ 51.1% |
| Amounts payable after more than one year17 | - | €25k | €13k | ▼ 47.0% |
| Financial debts170/4 | - | €25k | €13k | ▼ 47.0% |
| Amounts payable within one year42/48 | €22k | €42k | €20k | ▼ 53.5% |
| Current portion of amounts payable after more than one year42 | - | €11k | €12k | ▲ 4.1% |
| Trade debts44 | €170 | €0 | €324 | - |
| Suppliers440/4 | €170 | €0 | €324 | - |
| Taxes, remuneration and social security45 | €21k | €28k | €7k | ▼ 73.6% |
| Taxes450/3 | €21k | €28k | €7k | ▼ 75.4% |
| Remuneration and social security454/9 | - | - | €500 | - |
| Other amounts payable47/48 | €1k | €3k | €220 | ▼ 93.0% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €38k | €31k | €14k | ▼ 55.2% |
| + Depreciation and write-downs630 | €2k | €12k | €13k | ▲ 8.5% |
| Operating cash flow (approximation) | €40k | €43k | €27k | ▼ 37.3% |
| Investment in fixed assets (approximation) | - | €-51k | €-6k | ▲ 87.8% |
| Change in cash | - | €6k | €10k | ▲ 61.5% |
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 · micro schema
2025
31-12
Financial
Weakest financial yearnet €14k ▼55.2%
Net result drops to €14k, the lowest in the series.
17-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
21-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
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, Pelt · 1 establishment unit since 2023
Ground area
487 m²
Building footprint
153 m²
Parcel 72033A0195/00P000, Flanders · tallest building 0.1 m. Linked by address, not a title deed.
1 establishment unit
BrightM
since 20232.341.036.701
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 72033A0195/00P000 | Flanders | 487 m² | 1 · 153 m² | 0.1 m |
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.
Public money · subsidies and aid
Flemish government
2024 · 1 entry · 183 EUR awarded| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 183 EUR | 0 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 11,218 companies in sector 82100 we hold annual accounts for 3,511. 2,596 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
Founded18-01-2023
Fiscal year end31-12
Activities, NACEBEL 2025
82100Office administrative and support services
Scores and ratios are computed by Checked and are not a credit decision.