Equity
Debts exceed assets in financial year 2025.
Debts exceed assets in financial year 2025.
Every financial year from 2021 to 2025 closed with a loss. 2023 was the heaviest.
Of this, €238 falls due within a year.
Short-term debts fell from €1,266 to €238.
The last five annual accounts were filed 0 to 41 days before the end of the period.
Less equity than 92% of companies in office administrative support. Sector median €198,673 · 2,830 companies.
Negative equity caps the score at 59.
The dashed line is the sector median: 0.2% across 12,672 companies (NACE 82, micro).
About 6 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 82, micro). It does better than 5% of them on solvency, 47% on liquidity, 17% on profitability and 17% on growth.
The bankruptcy probability was computed on 09-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 30-06-2025.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
In July 2024, 1,564 companies had the same profile as BRIMO PROJECTS has now. Each dot stands for 4 companies, two years later.
Another 0.6% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of BRIMO PROJECTS itself is lower: 0.6% within 12 months. It rests on far more data about BRIMO PROJECTS than the profile alone.
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 1,564 companies, not a prediction for BRIMO PROJECTS. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Liquidity is ample, with a current ratio of 33.35 (2.79 in 2024), above the usual 1.5. Short-term debt is 0.1% and cash 3.1% of total assets. However, equity is negative.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
The company filed its last 5 accounts on average 10 days before the deadline. In the sector (NACE 82), the median for financial year 2024 was 7 days before the deadline, and 35% of those companies filed late.
| Company | ||||
|---|---|---|---|---|
| BRIMO PROJECTS Antwerp | €221,162 | -€1,399 | -25.2% | - |
| VPRE Laakdal | €238,566 | -€3,505 | 6.8% | - |
| SMBC Wijnegem | €255,321 | -€75,330 | -14.3% | - |
| Kelvin Projects Turnhout | €194,018 | -€14 | 60.6% | - |
| COLISA Ghent | €202,662 | €0 | 5.0% | - |
| EVERGREEN BIO ENERGY Wavre | €229,720 | -€15,156 | 86.3% | - |
| Areca Ventures Sint-Martens-Latem | €262,780 | -€4,369 | 8.6% | - |
These companies have the same main activity as BRIMO PROJECTS: other business support services (NACE 82990). They are comparable in size and age: total assets between €194,000 and €263,000, founded between 2019 and 2020.
BRIMO PROJECTS files the abbreviated format. That format states no turnover. The gross margin rose from -€3,131 in 2021 to -€1,399 in 2025.
Brimo holds all the shares.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Turnover and EBIT margin are not published. The abbreviated format does not require them.
Higher than 9% of 2,829 companies in 2025.
Higher than 95% of 2,718 companies in 2025.
Higher than 12% of 2,776 companies in 2025.
Net result: bottom quarter · Equity: bottom quarter · Balance sheet total: middle half · Working capital: middle half
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||
20/58 |
221,162 | 216,747 | 220,184 | 17,291 | 17,587 | |
21/28 |
213,218 | 213,218 | 213,218 | - | - | |
22/27 |
213,218 | 213,218 | 213,218 | - | - | |
22 |
213,218 | 213,218 | 213,218 | - | - | |
29/58 |
7,944 | 3,529 | 6,966 | 17,291 | 17,587 | |
40/41 |
1,094 | 202 | 202 | 162 | 748 | |
40 |
- | - | - | - | 134 | |
41 |
1,094 | 202 | 202 | 162 | 614 | |
54/58 |
6,850 | 3,327 | 6,764 | 17,128 | 16,840 | |
| Balance sheet: equity and liabilities | ||||||
10/49 |
221,162 | 216,747 | 220,184 | 17,291 | 17,587 | |
10/15 |
-55,824 | -42,018 | -27,296 | 15,678 | 16,854 | |
10/11 |
20,000 | 20,000 | 20,000 | 20,000 | 20,000 | |
14 |
-75,824 | -62,018 | -47,296 | -4,322 | -3,146 | |
17/49 |
276,986 | 258,766 | 247,481 | 1,612 | 734 | |
17 |
242,500 | 235,000 | 235,000 | - | - | |
170/4 |
242,500 | 235,000 | 235,000 | - | - | |
42/48 |
238 | 1,266 | 1,645 | 1,612 | 734 | |
44 |
238 | 766 | 1,145 | 1,112 | 234 | |
440/4 |
238 | 766 | 1,145 | 1,112 | 234 | |
47/48 |
- | 500 | 500 | 500 | 500 | |
492/3 |
34,248 | 22,500 | 10,836 | - | - | |
| Income statement | ||||||
9900 |
-1,399 | -2,415 | -5,206 | -924 | -3,131 | |
640/8 |
593 | 586 | 26,876 | 203 | - | |
9901 |
-1,992 | -3,001 | -32,083 | -1,127 | -3,131 | |
65/66B |
11,813 | 11,721 | 10,892 | 48 | 16 | |
65 |
11,813 | 11,721 | 10,892 | 48 | 16 | |
9903 |
-13,805 | -14,722 | -42,975 | -1,175 | -3,146 | |
9904 |
-13,805 | -14,722 | -42,975 | -1,175 | -3,146 | |
9905 |
-13,805 | -14,722 | -42,975 | -1,175 | -3,146 | |
| Appropriation of the result | ||||||
9906 |
-75,824 | -62,018 | -47,296 | -4,322 | -3,146 | |
14P |
-62,018 | -47,296 | -4,322 | -3,146 | - | |
| Document | ||||||
The notes to these accounts have 4 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2025 (PDF), filed on 27-01-2026.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 30-06-2025 | abbreviated format | 27-01-2026 | 2026-00014688 | |
| 30-06-2024 | abbreviated format | 29-01-2025 | 2025-00017411 | |
| 30-06-2023 | abbreviated format | 29-01-2024 | 2024-00014234 | |
| 30-06-2022 | abbreviated format | 21-12-2022 | 2022-20544225 | |
| 30-06-2021 | abbreviated format | 31-01-2022 | 2022-03400261 |
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| - | - | 213,218 | - | - | ||
| 3,523 | -3,437 | -10,364 | 289 | - | ||
| 7,706 | 2,264 | 5,321 | 15,678 | 16,854 | ||
| -25.2% | -19.4% | -12.4% | 90.7% | 95.8% | ||
| 33.35 | 2.79 | 4.24 | 10.72 | 23.97 | ||
| - | - | - | 0.10 | 0.04 | ||
| - | - | - | -7.5% | -18.7% | ||
| -6.2% | -6.8% | -19.5% | -6.8% | -17.9% |
Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
| Item | 30-06-2025 | 30-06-2024 | 30-06-2023 | 30-06-2022 |
|---|---|---|---|---|
| Tangible fixed assets | - | - | €213,218 | - |
Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)
The operating result for 2025 is a loss of €1,992, smaller than the loss of €3,001 in 2024.
Equity is negative. Debt (€276,986) exceeds the balance-sheet total (€221,162).
Source: lists of holdings in the owners' accounts
Source: list of holdings in the 2025 accounts of Brimo. Every holding stands with its own latest accounts.
| Brimo
registered office since 01-07-1922 · founded in 1922 |
total assets €7.5m (2025) 0400.461.035 |
| PLAN64
registered office since 25-11-2022 |
founded in 2022 0793.989.045 |
| De Bock, Peter (sole trader)
establishment since 01-02-2019 |
founded in 2024 0719.487.107 |
| Vereniging van Mede-Eigenaars van het gebouw te 2000 Antwerpen, Kattendijk-Westkaai 25
registered office since 13-10-2003 |
founded in 2003 0821.172.108 |
| van Lien, Cornelis (sole trader)
establishment since 01-06-1971 |
founded in 1971 0856.237.113 |
The network lets you explore the ties of BRIMO PROJECTS.
Deadline for the 2026 accounts: 31-01-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
| Establishment | Since | Unit number |
|---|---|---|
| Kattendijkdok-Westkaai 25 registered office 2000 Antwerp | 16-07-2020 | 2.305.473.927 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 11807G0126/02M018 | 196 m² | 1 · 119 m² | 20.9 m · 6 |
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