Brijs Development
ActiveSummary
Brijs Development has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €197,505 and a net result of €59,157. Equity is growing by ~35.2% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability71▲+16
Solvency51▲+6
Growth78=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €13,000 at 30 days acceptable
Liquidity ample (current ratio 4.11 against 2.35 in 2023; short-term debt: 5.7% and cash: 14.8% of total assets), but 73.8% of the assets are financed with debt.
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Signals
Three 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 74
Relative position
BE, all sectors
reference
Other professional, scientific and technical activities (NACE 74)
about 48% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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 16-06-2026, 45 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
45 d early
2024
44 d early
2023
43 d early
2022
39 d early
2021
16 d early
2020
29 d early
2019
32 d early
← 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 35 days before the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 38% of the sector filed late.
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. Usually files around 19 June (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2024, abbreviated schema
Equity
€197,505▲ 42.8%
2023 · €138,348
Total assets
€752,702▲ 6.3%
2023 · €708,217
Net result
€59,157▲ 106%
2023 · €28,717
Working capital
€132,813▲ 98.0%
2023 · €67,093
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 74, Other professional, scientific and technical 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€44,821▲ 157%€51,738▲ 15.4%€11,049▼ 78.6%€58,895▲ 433%€98,802▲ 67.8%
Net result€34,835within the sector's middle half▲ 174%€39,971within the sector's middle half▲ 14.7%€3,527within the sector's middle half▼ 91.2%€28,717within the sector's middle half▲ 714%€59,157within the sector's middle half▲ 106%
Equity€59,934within the sector's middle half▲ 139%€106,104within the sector's middle half▲ 77.0%€109,631within the sector's middle half▲ 3.3%€138,348within the sector's middle half▲ 26.2%€197,505within the sector's middle half▲ 42.8%
Total assets€86,910below the sector's middle half▲ 131%€141,602below the sector's middle half▲ 62.9%€688,364within the sector's middle half▲ 386%€708,217within the sector's middle half▲ 2.9%€752,702within the sector's middle half▲ 6.3%
Debt€26,977▲ 116%€35,497▲ 31.6%€578,733▲ 1,530%€569,869▼ 1.5%€555,197▼ 2.6%
Working capital€54,015within the sector's middle half▲ 115%€97,051within the sector's middle half▲ 79.7%€42,824within the sector's middle half▼ 55.9%€67,093within the sector's middle half▲ 56.7%€132,813within the sector's middle half▲ 98.0%
Solvency69.0%above the sector's middle half▲ 2.2pp74.9%above the sector's middle half▲ 6.0pp15.9%below the sector's middle half▼ 59.0pp19.5%within the sector's middle half▲ 3.6pp26.2%within the sector's middle half▲ 6.7pp
Current ratio3.01within the sector's middle half▲ 0.013.76above the sector's middle half▲ 0.751.89within the sector's middle half▼ 1.872.35within the sector's middle half▲ 0.464.11above the sector's middle half▲ 1.76
Return on assets (ROA)40.1%above the sector's middle half▲ 6.3pp28.2%above the sector's middle half▼ 11.9pp0.5%within the sector's middle half▼ 27.7pp4.1%within the sector's middle half▲ 3.5pp7.9%within the sector's middle half▲ 3.8pp
Staff (FTE)0below the sector's middle half0below the sector's middle half
above
within
below
the middle half (P25 to P75) of NACE 74, Other professional, scientific and technical 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
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 68% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €752,702
Fixed assets
€577,212 ▼ 2.4%
Current assets
€175,490 ▲ 50.3%
Equity and liabilities €752,702
Equity
€197,505 ▲ 42.8%
Debt
€555,197 ▼ 2.6%
Debt's share of the balance-sheet total falls from 80.5% to 73.8%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€115,739▲
2023 · €74,143
Cash flow
€76,095▲
2023 · €43,965
Debt to equity
2.81▼
2023 · 4.12
ROE
30.0%▲
2023 · 20.8%
Interest coverage
5.14▲
2023 · 3.68
Debt ≤ 1 year
€42,678▼
2023 · €49,630
Debt > 1 year
€495,072▼
2023 · €512,543
Income taxes
€17,125▲
2023 · €10,051
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 2,684 companies that looked in July 2024 the way this one looks now, 1.3% went bankrupt within 24 months and 97% are still going.
- Small
- 5 to 10 years old
- solvency 10 to 30%
- a profit of 5% of the balance sheet or more
1.3%
went bankrupt
1.2%
stopped otherwise
97%
still going
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.6% 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%.
| 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 2,684 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 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €722 | €1,701 | €35,807 | €15,248 | €16,938 | ▲ 11.1% |
| Other operating charges640/8 | - | €1,037 | €1,824 | €3,834 | €4,118 | ▲ 7.4% |
| Non-recurring operating charges66A | - | - | €1,724 | €0 | - | - |
| Gross operating margin9900 | €46,773 | €54,476 | €50,404 | €77,977 | €119,857 | ▲ 53.7% |
| Operating profit (loss)9901 | €44,821 | €51,738 | €11,049 | €58,895 | €98,802 | ▲ 67.8% |
| Financial income75/76B | - | €0 | €1 | €0 | €5 | ▲ 1,305% |
| Recurring financial income75 | - | €0 | €1 | €0 | €5 | ▲ 1,305% |
| Financial charges65/66B | - | €370 | €4,474 | €20,127 | €22,524 | ▲ 11.9% |
| Recurring financial charges65 | €210 | €370 | €4,474 | €20,127 | €22,524 | ▲ 11.9% |
| Profit (loss) for the period before taxes9903 | €44,611 | €51,368 | €6,576 | €38,768 | €76,282 | ▲ 96.8% |
| Income taxes67/77 | €9,776 | €11,397 | €3,049 | €10,051 | €17,125 | ▲ 70.4% |
| Profit (loss) for the period9904 | €34,835 | €39,971 | €3,527 | €28,717 | €59,157 | ▲ 106% |
| Profit (loss) for the period to be appropriated9905 | €34,835 | €39,971 | €3,527 | €28,717 | €59,157 | ▲ 106% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €86,910 | €141,602 | €688,364 | €708,217 | €752,702 | ▲ 6.3% |
| Fixed assets21/28 | €6,044 | €9,418 | €597,456 | €591,494 | €577,212 | ▼ 2.4% |
| Tangible fixed assets22/27 | €6,044 | €9,418 | €597,456 | €591,494 | €577,212 | ▼ 2.4% |
| Land and buildings22 | - | - | €591,811 | €579,299 | €566,788 | ▼ 2.2% |
| Plant, machinery and equipment23 | - | €2,354 | €1,590 | €827 | €2,795 | ▲ 238% |
| Furniture and vehicles24 | - | €4,699 | €4,055 | €11,368 | €7,629 | ▼ 32.9% |
| Other tangible fixed assets26 | - | €2,365 | €0 | - | - | - |
| Current assets29/58 | €80,866 | €132,184 | €90,908 | €116,723 | €175,490 | ▲ 50.3% |
| Amounts receivable within one year40/41 | €7,303 | €6,384 | €8,023 | €58,294 | €61,695 | ▲ 5.8% |
| Trade receivables40 | - | €6,384 | €1,071 | €58,022 | €57,293 | ▼ 1.3% |
| Other amounts receivable41 | - | - | €6,951 | €273 | €4,401 | ▲ 1,514% |
| Cash at bank and in hand54/58 | €72,364 | €124,559 | €80,855 | €56,271 | €111,301 | ▲ 97.8% |
| Deferred charges and accrued income490/1 | - | €1,240 | €2,031 | €2,158 | €2,495 | ▲ 15.6% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €86,910 | €141,602 | €688,364 | €708,217 | €752,702 | ▲ 6.3% |
| Equity10/15 | €59,934 | €106,104 | €109,631 | €138,348 | €197,505 | ▲ 42.8% |
| Contributions10/11 | - | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | - | €87,504 | €91,031 | €119,748 | €178,905 | ▲ 49.4% |
| Distributable reserves133 | - | €87,504 | €91,031 | €119,748 | €178,905 | ▲ 49.4% |
| Profit (loss) carried forward14 | €47,534 | €0 | - | - | - | - |
| Amounts payable17/49 | €26,977 | €35,497 | €578,733 | €569,869 | €555,197 | ▼ 2.6% |
| Amounts payable after more than one year17 | - | - | €529,500 | €512,543 | €495,072 | ▼ 3.4% |
| Financial debts170/4 | - | - | €419,500 | €402,543 | €385,072 | ▼ 4.3% |
| Other amounts payable178/9 | - | - | €110,000 | €110,000 | €110,000 | = |
| Amounts payable within one year42/48 | €26,851 | €35,132 | €48,084 | €49,630 | €42,678 | ▼ 14.0% |
| Current portion of amounts payable after more than one year42 | - | - | €16,460 | €16,958 | €17,470 | ▲ 3.0% |
| Trade debts44 | €2,005 | €1,997 | €1,571 | €3,643 | €274 | ▼ 92.5% |
| Suppliers440/4 | - | €1,997 | €1,571 | €3,643 | €274 | ▼ 92.5% |
| Taxes, remuneration and social security45 | - | €26,365 | €17,764 | €17,721 | €13,586 | ▼ 23.3% |
| Taxes450/3 | - | €26,365 | €17,764 | €11,268 | €9,158 | ▼ 18.7% |
| Remuneration and social security454/9 | - | - | - | €6,453 | €4,428 | ▼ 31.4% |
| Other amounts payable47/48 | - | €6,770 | €12,289 | €11,309 | €11,348 | ▲ 0.3% |
| Accrued charges and deferred income492/3 | - | €365 | €1,149 | €7,696 | €17,447 | ▲ 127% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €34,835 | €39,971 | €3,527 | €28,717 | €59,157 | ▲ 106% |
| + Depreciation and write-downs630 | €722 | €1,701 | €35,807 | €15,248 | €16,938 | ▲ 11.1% |
| Operating cash flow (approximation) | €35,557 | €41,672 | €39,334 | €43,965 | €76,095 | ▲ 73.1% |
| Investment in fixed assets (approximation) | - | -€5,076 | -€623,845 | -€9,286 | -€2,655 | ▲ 71.4% |
| Change in cash | - | €52,195 | -€43,705 | -€24,584 | €55,030 | ▲ 324% |
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
16-06
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
17-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Highest result since 2019net €59,157 ▲106%
Operating result €98,802, net result €59,157, both a record.
31-12
Financial
Equity above €150,000Eq €197,505 ▲42.8%
6 profitable years in a row build equity to €197,505.
18-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
22-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Weakest financial yearnet €3,527 ▼91.2%
Net result drops to €3,527, the lowest in the series; recovery starts the following year.
15-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Equity above €100,000Eq €106,104 ▲77%
3 profitable years in a row build equity to €106,104.
02-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
29-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 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
3 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, Antwerpen · 1 establishment unit since 2018
Ground area
286 m²
Building footprint
126 m²
Volume, LiDAR
964 m³
Parcel 11313B0933/00D005, Flanders · tallest building 10.0 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Tim Brijs
since 20182.280.620.052
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11313B0933/00D005 | Flanders | 285 m² | 1 · 126 m² | 10.0 m · 3 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.
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Of 4,560 companies in sector 74999 we hold annual accounts for 1,935. 1,490 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
Founded03-10-2018
Fiscal year end31-12
Activities, NACEBEL 2025
74999Other professional, scientific and technical activities
E-invoicing
Reachable via Peppol
Peppol ID
0208:0707719225
Also
9925:BE0707719225
Registered
30-10-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.