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BRIGULA

Active
Private limited companyfounded 200818 yrs activeKBO/BCE: BE 0898.003.729
Summary

The computed 12-month bankruptcy probability of BRIGULA is 5.9% (elevated). The 2024 annual accounts show negative equity (-€35,451) and a net result of -€1,320. Equity is shrinking by ~17.2% per year across the filed fiscal years. Its solvency ranks better than 5% of 2025 sector peers (fiscal year 2024). The company has been active since 2008 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 1 administrative register entry (see administrative flags).

Checked score

Score 2024
Axes · tick = 2023
Profitability0=
Solvency0=
Growth58=
Track record92
Bankruptcy probability, 12 months
5.9% Elevated
0%0.5%1.5%4%10%≥ 25%
No credit on open account
balance sheet total too small for a liquidity verdict, and equity is negative.
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Signals

Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 2024
Age of the figures
Age of the figures
21 mo
raises risk · Recent warning signals
The last 24 months brought warning signals in the Staatsblad or the KBO, and those often pile up before a bankruptcy.
Belgian State Gazette
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 77
Relative position
BE, all sectors
reference
Rental and leasing activities (NACE 77)
about 44% more bankruptcies
← fewer bankruptcies more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 18 years 0 20 y
raises risk · Ex-officio strike-off
The KBO struck this company off ex officio, which points to unmet obligations and often precedes a bankruptcy.
KBO publications
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024
Equity per financial year
18192021222324
2018 to 2024 · latest year -€35,451
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 20-08-2025, 20 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 · 10 filings
Deviation from the deadline
2025
not confirmed
2024
20 d late
2023
58 d late
2022
59 d late
2021
48 d early
2020
18 d late
2019
98 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 34 days after the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.

raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publications
Publications
Address struck

History

On 16 May 2008, BRIGULA was incorporated.1 Total assets went from EUR 41,262 in 2018 to EUR 1,918 in 2020.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2020

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Financials · fiscal year 2024, micro schema

Equity
-€35,451▼ 3.9%
2023 · -€34,131
Total assets
€335▼ 41.6%
2023 · €573
Net result
-€1,320▼ 12.4%
2023 · -€1,174
Working capital
-€35,451▼ 3.9%
2023 · -€34,131
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 77, Rental and leasing activities, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20202021202220232024
Operating result-€23,056▼ 311%-€1,166▲ 94.9%€45-€1,138-€1,282▼ 12.6%
Net result-€24,583below the sector's middle half▼ 208%-€1,217within the sector's middle half▲ 95.0%€9within the sector's middle half-€1,174within the sector's middle half-€1,320within the sector's middle half▼ 12.4%
Equity-€31,749below the sector's middle half▼ 343%-€32,966below the sector's middle half▼ 3.8%-€32,958below the sector's middle half=-€34,131below the sector's middle half▼ 3.6%-€35,451below the sector's middle half▼ 3.9%
Total assets€1,918below the sector's middle half▼ 94.7%€647below the sector's middle half▼ 66.3%€924below the sector's middle half▲ 42.9%€573below the sector's middle half▼ 38.0%€335below the sector's middle half▼ 41.6%
Debt€33,667▼ 22.0%€33,613▼ 0.2%€33,882▲ 0.8%€34,705▲ 2.4%€35,786▲ 3.1%
Working capital-€31,749within the sector's middle half▼ 5.4%-€32,966within the sector's middle half▼ 3.8%-€32,958within the sector's middle half=-€34,131within the sector's middle half▼ 3.6%-€35,451within the sector's middle half▼ 3.9%
Solvency
Current ratio
Return on assets (ROA)
above within below the middle half (P25 to P75) of NACE 77, Rental and leasing activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€30,000-€20,000-€10,000€0Operating result 2020: -€23,056-€23,056Net result 2020: -€24,583-€24,583Operating result 2021: -€1,166-€1,166Net result 2021: -€1,217-€1,217Operating result 2022: €45€45Net result 2022: €9€9Operating result 2023: -€1,138-€1,138Net result 2023: -€1,174-€1,174Operating result 2024: -€1,282-€1,282Net result 2024: -€1,320-€1,32020202021202220232024-€1,500-€1,000-€500€0Operating result 2022: €45€45Net result 2022: €9€9Operating result 2023: -€1,138-€1,140Net result 2023: -€1,174-€1,170Operating result 2024: -€1,282-€1,280Net result 2024: -€1,320-€1,320202220232024
The operating result stays negative: a loss of €1,282 in 2024 against €1,138 in 2023; the loss grows.
Key figures and ratios
2024 value · change against 2023
Debt ≤ 1 year
€35,786▲
2023 · €34,705
Ratios withheld: a balance sheet total of €335 is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 6,906 companies that looked in July 2024 the way this one looks now, 5.8% went bankrupt within 24 months and 85% are still going.

  • Micro
  • 10 to 20 years old
  • negative equity
  • a loss of 10% of the balance sheet or more
5.8% went bankrupt
8.1% stopped otherwise
85% still going

A further 0.6% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 5.9% 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 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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% 1.9%
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 6,906 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
Filed annual accounts As filed with the NBB · 2024 against 2023 · 25 lines
Balance sheet Code20232024
Assets
Total assets20/58€573€335▼
Current assets29/58€573€335▼
Amounts receivable within one year40/41€404€328▼
Trade receivables40€199-
Other amounts receivable41€205€328▲
Cash at bank and in hand54/58€169€7▼
Equity and liabilities
Total equity and liabilities10/49€573€335▼
Equity10/15-€34,131-€35,451▼
Contributions10/11€42,000€42,000=
Profit (loss) carried forward14-€76,131-€77,451▼
Amounts payable17/49€34,705€35,786▲
Amounts payable within one year42/48€34,705€35,786▲
Trade debts44€551€508▼
Suppliers440/4€551€508▼
Other amounts payable47/48€34,154€35,278▲
Income statement Code20232024
Other operating charges640/8€499€513▲
Gross operating margin9900-€639-€768▼
Operating profit (loss)9901-€1,138-€1,282▼
Financial charges65/66B€36€38▲
Recurring financial charges65€36€38▲
Profit (loss) for the period before taxes9903-€1,174-€1,320▼
Profit (loss) for the period9904-€1,174-€1,320▼
Profit (loss) for the period to be appropriated9905-€1,174-€1,320▼
Appropriation of the result
Profit (loss) to be appropriated9906-€76,131-€77,451▼
Profit (loss) brought forward from the previous period14P-€74,958-€76,131▼

The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20202021202220232024Change
Other operating charges640/8-€221€460€499€513▲ 2.8%
Gross operating margin9900-€524-€945€504-€639-€768▼ 20.3%
Operating profit (loss)9901-€23,056-€1,166€45-€1,138-€1,282▼ 12.6%
Financial charges65/66B-€51€36€36€38▲ 6.9%
Recurring financial charges65€1,527€51€36€36€38▲ 6.9%
Profit (loss) for the period before taxes9903-€24,583-€1,217€9-€1,174-€1,320▼ 12.4%
Profit (loss) for the period9904-€24,583-€1,217€9-€1,174-€1,320▼ 12.4%
Profit (loss) for the period to be appropriated9905-€24,583-€1,217€9-€1,174-€1,320▼ 12.4%
Line20202021202220232024Change
Assets
Total assets20/58€1,918€647€924€573€335▼ 41.6%
Current assets29/58€1,918€647€924€573€335▼ 41.6%
Amounts receivable within one year40/41€612€640€107€404€328▼ 18.9%
Trade receivables40---€199--
Other amounts receivable41-€640€107€205€328▲ 59.8%
Cash at bank and in hand54/58€1,305€7€817€169€7▼ 95.9%
Equity and liabilities
Total equity and liabilities10/49€1,918€647€924€573€335▼ 41.6%
Equity10/15-€31,749-€32,966-€32,958-€34,131-€35,451▼ 3.9%
Contributions10/11-€42,000€42,000€42,000€42,000=
Profit (loss) carried forward14-€73,749-€74,966-€74,958-€76,131-€77,451▼ 1.7%
Amounts payable17/49€33,667€33,613€33,882€34,705€35,786▲ 3.1%
Amounts payable within one year42/48€33,667€33,613€33,882€34,705€35,786▲ 3.1%
Trade debts44€738€111€112€551€508▼ 7.7%
Suppliers440/4-€111€112€551€508▼ 7.7%
Other amounts payable47/48-€33,502€33,770€34,154€35,278▲ 3.3%
Line20202021202220232024Change
Profit (loss) for the period9904-€24,583-€1,217€9-€1,174-€1,320▼ 12.4%
Operating cash flow (approximation)-€24,583-€1,217€9-€1,174-€1,320▼ 12.4%
Change in cash--€1,299€810-€648-€162▲ 75.0%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2026
03-08
KBO administration Address struck
2025
20-08
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 20 days late
2024
27-09
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 58 days late
2023
28-09
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 59 days late
2022
31-12
Financial Back to profitnet €9
Net result €9 after 4 loss-making years.
13-06
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
18-08
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 18 days late
2020
31-12
Financial Weakest financial yearnet -€24,583
Net result drops to -€24,583, the lowest in the series; recovery starts the following year.
06-11
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 98 days late
2019
27-09
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 58 days late
2018
24-10
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 85 days late
2017
11-09
NBB filing Annual accounts filed
fiscal year 2016 · micro schema · 42 days late
2016
19-10
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema · 80 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts

We know of 4 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
4 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, Elsene · 1 establishment unit since 2008
seat establishment The establishment unit on the map
Ground area
920 m²
Building footprint
620 m²
Volume, LiDAR
9,258 m³
2 parcels, Brussels, Flanders · tallest building 20.5 m, ±5 floors. Linked by address, not a title deed.
8 companies at this address See who is registered here
1 establishment unit
BRIGULA
Larstraat 146, 8930 MenenWater transport
since 20082.170.858.119
2 parcels
Flanders 1 (50%) Brussels 1 (50%)
Parcel (capakey) Region Area Buildings Height / fl.
21447B0140/00T012 Brussels 686 m² 1 · 529 m² 20.5 m · 5 fl.
34024C0192/00B003 Flanders 233 m² 1 · 91 m² 11.3 m · 1 fl.
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Of 111 companies in sector 77340 we hold annual accounts for 56. 4 are within a factor 10 of this equity. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded16-05-2008
Fiscal year end31-12
Activities, NACEBEL 2025
77340Rental and leasing activities
93299Other amusement and recreation activities
96301Funeral services
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

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Register as of 29 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.