BRINGVALUE
ActiveSummary
The annual accounts of BRINGVALUE for financial year 2025 show a net loss of 231% of total assets and of 86% of the equity at the start of that year. The 2025 annual accounts show equity of €9,390 and a net result of -€57,253. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 44% of 2,063 sector peers (NACE 73, financial year 2025). The company has been active since 2015 and the Belgian Official Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.3% (very low).
Overview
- Equity
- €9,390
- Loss
- -€57,253
- David CENCIDirector
Why 54raises riskCapped at 59: a net loss of at least half of total assets or of the equity at the start of the financial yearLoss of €57,253 (financial year 2025)lowers riskLiquidity: current ratio 1.31, cash €18,220, halvedSize: total assets €24,778Sector: Advertising, market research and public relations activities (NACE 73)Show the evidence
Checked score
About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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 73, micro): better than 39% on solvency, 60% on liquidity, 6% on profitability and 7% on growth.
The bankruptcy probability was computed on 25-10-2026 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.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
This company filed its last 7 accounts on average 12 days after the deadline; the sector median (NACE 73) for financial year 2024 is 6 days before the deadline, and 36% of those companies filed late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2025 · abbreviated…
- Weakest financial yearnet -€57,253
- Annual accounts filedfinancial year 2024 · full…
Financials · financial year 2025, abbreviated format
2025 annual accounts filed late (28 days) Filed on 28 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00445000.
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result turns negative in 2025: a loss of €56,645 after €81,268 in 2024, the lowest result in the available series.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 73, Advertising, market research and public relations activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Peer companies
Historical observationOf the 4,805 companies that looked in July 2024 the way this one looks now, 2.0% went bankrupt within 24 months and 88.2% are still going.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a loss of 10% of the balance sheet or more
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 0.3% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,475 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% | 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% 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 4,805 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.
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | - | - | - | €1 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €14,346 | €1,617 | €1,068 | €301 | €3,008 | €1,692 | €2,696 | €3,807 | ▲ 41.2% |
| Other operating charges640/8 | - | - | - | - | €591 | €1,008 | €1,593 | €1,887 | ▲ 18.5% |
| Non-recurring operating charges66A | - | - | - | - | - | - | €384 | €744 | ▲ 93.7% |
| Gross operating margin9900 | -€11,894 | -€2,115 | -€860 | -€1,028 | €28,198 | €17,647 | €85,941 | -€50,206 | - |
| Operating profit (loss)9901 | -€27,342 | -€4,080 | -€1,929 | -€1,330 | €24,600 | €14,947 | €81,268 | -€56,645 | - |
| Financial income75/76B | - | - | - | €44 | - | €1 | €6 | €0 | ▼ 99.8% |
| Recurring financial income75 | €1 | - | - | €44 | - | €1 | €6 | €0 | ▼ 99.8% |
| Financial charges65/66B | - | - | - | €202 | €229 | €474 | €592 | €251 | ▼ 57.5% |
| Recurring financial charges65 | €796 | €331 | €469 | €202 | €229 | €474 | €592 | €251 | ▼ 57.5% |
| Profit (loss) for the period before taxes9903 | -€28,137 | -€4,411 | -€2,397 | -€1,487 | €24,371 | €14,473 | €80,682 | -€56,896 | - |
| Income taxes67/77 | €241 | - | - | - | €75 | €3,286 | €21,165 | €356 | ▼ 98.3% |
| Profit (loss) for the period9904 | -€28,379 | -€4,411 | -€2,397 | -€1,487 | €24,295 | €11,187 | €59,517 | -€57,253 | - |
| Profit (loss) for the period to be appropriated9905 | -€28,379 | -€4,411 | -€2,397 | -€1,487 | €24,295 | €11,187 | €59,517 | -€57,253 | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €19,814 | €6,864 | €5,180 | €5,038 | €44,323 | €63,960 | €110,962 | €24,778 | ▼ 77.7% |
| Fixed assets21/28 | €6,938 | €5,321 | €4,253 | €3,951 | €1,928 | €5,266 | €8,373 | €4,566 | ▼ 45.5% |
| Tangible fixed assets22/27 | €6,938 | €5,321 | €4,253 | €3,951 | €1,928 | €5,266 | €8,373 | €4,566 | ▼ 45.5% |
| Plant, machinery and equipment23 | - | - | - | - | - | €192 | €124 | €55 | ▼ 55.4% |
| Furniture and vehicles24 | - | - | - | €3,951 | €1,928 | €5,073 | €8,249 | €4,511 | ▼ 45.3% |
| Current assets29/58 | €12,876 | €1,543 | €927 | €1,086 | €42,395 | €58,694 | €102,589 | €20,212 | ▼ 80.3% |
| Amounts receivable within one year40/41 | €1,154 | €1,401 | €892 | €1,074 | €17,399 | €23,239 | €2,809 | €1,200 | ▼ 57.3% |
| Trade receivables40 | - | - | - | - | €17,399 | €23,239 | €1,954 | €1,200 | ▼ 38.6% |
| Other amounts receivable41 | - | - | - | €1,074 | - | - | €855 | - | - |
| Current investments50/53 | €10,000 | - | - | - | - | - | - | - | - |
| Cash at bank and in hand54/58 | €1,255 | €115 | €35 | €12 | €24,718 | €35,005 | €99,213 | €18,220 | ▼ 81.6% |
| Deferred charges and accrued income490/1 | - | - | - | - | €278 | €450 | €566 | €792 | ▲ 39.9% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €19,814 | €6,864 | €5,180 | €5,038 | €44,323 | €63,960 | €110,962 | €24,778 | ▼ 77.7% |
| Equity10/15 | -€20,062 | -€24,472 | -€26,870 | -€28,357 | -€4,061 | €7,126 | €66,643 | €9,390 | ▼ 85.9% |
| Contributions10/11 | €6,200 | €6,200 | - | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Reserves13 | €1,000 | €1,000 | €1,000 | €1,000 | €1,000 | €1,000 | €31,000 | €31,000 | = |
| Non-distributable reserves130/1 | - | - | - | €1,000 | €1,000 | - | - | - | - |
| Reserves not available under the articles1311 | - | - | - | €1,000 | €1,000 | - | - | - | - |
| Distributable reserves133 | - | - | - | - | - | €1,000 | €31,000 | €31,000 | = |
| Profit (loss) carried forward14 | -€27,262 | -€31,672 | -€34,070 | -€35,557 | -€11,261 | -€74 | €29,443 | -€27,810 | - |
| Amounts payable17/49 | €39,876 | €31,336 | €32,050 | €33,395 | €48,385 | €56,834 | €44,319 | €15,388 | ▼ 65.3% |
| Amounts payable within one year42/48 | €39,876 | €31,336 | €32,050 | €33,395 | €48,384 | €55,934 | €43,719 | €15,388 | ▼ 64.8% |
| Financial debts43 | - | - | - | €18 | - | - | - | - | - |
| Credit institutions430/8 | - | - | - | €18 | - | - | - | - | - |
| Trade debts44 | €1,612 | €1,200 | €1,019 | - | €1,654 | €7,780 | €5,507 | €2,539 | ▼ 53.9% |
| Suppliers440/4 | - | - | - | - | €1,654 | €7,780 | €5,507 | €2,539 | ▼ 53.9% |
| Taxes, remuneration and social security45 | - | - | - | - | €12,721 | €19,131 | €15,151 | €1,910 | ▼ 87.4% |
| Taxes450/3 | - | - | - | - | €10,621 | €12,831 | €8,851 | €1,910 | ▼ 78.4% |
| Remuneration and social security454/9 | - | - | - | - | €2,100 | €6,300 | €6,300 | - | - |
| Other amounts payable47/48 | - | - | - | €33,377 | €34,010 | €29,024 | €23,060 | €10,939 | ▼ 52.6% |
| Accrued charges and deferred income492/3 | - | - | - | - | €0 | €900 | €600 | - | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€28,379 | -€4,411 | -€2,397 | -€1,487 | €24,295 | €11,187 | €59,517 | -€57,253 | - |
| + Depreciation and write-downs630 | €14,346 | €1,617 | €1,068 | €301 | €3,008 | €1,692 | €2,696 | €3,807 | ▲ 41.2% |
| Operating cash flow (approximation) | -€14,033 | -€2,794 | -€1,329 | -€1,185 | €27,303 | €12,879 | €62,213 | -€53,445 | - |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | -€984 | -€5,029 | -€5,804 | €0 | - |
| Change in cash | - | -€1,140 | -€80 | -€22 | €24,705 | €10,288 | €64,208 | -€80,993 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (10)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | abbreviated format | 28-08-2026 | 2026-00445000 |
| 31-12-2024 | full format | 29-07-2025 | 2025-00324538 |
| 31-12-2023 | full format | 19-07-2024 | 2024-00265185 |
| 31-12-2022 | full format | 18-07-2023 | 2023-00245598 |
| 31-12-2021 | full format | 13-07-2022 | 2022-20180364 |
| 31-12-2020 | full format | 31-08-2021 | 2021-62700282 |
| 31-12-2019 | full format | 09-10-2020 | 2020-60800066 |
| 31-12-2018 | full format | 22-08-2019 | 2019-48900537 |
| 31-12-2017 | full format | 29-08-2018 | 2018-58000186 |
| 31-12-2016 | full format | 24-08-2017 | 2017-47400466 |
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Not every act has been read: a resignation may still be missing
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| David CENCI |
|
Owners and capital
Capital and shareholders
- 28-12-2023 Converted to available equity
Group and network
Connections & network
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
Acts, filings and financial milestones
28-12
Gazette deed
Resignation: David CENCI (statutory manager)Appointment: David CENCI (director) · Amendment of the articles · Capital conversion8 facts ▸
- General meeting, 21-12-2023
- Amendment of the articles (2 times)
- Capital conversion, “fonds disponibles pour distribution” (deed in French)
- Director resignation, David CENCI (statutory manager)
- Director appointment, David CENCI (director (not named in the articles))
- Director discharge, David CENCI
- Capital
- Registered office clause, “7190 Ecaussinnes,Rue Beaugrand 28, Sixième résolution,déclare” (deed in French)
Show earlier events
About the unread acts
Of the 2 Belgian Official Gazette deeds we know for this company, 1 has been read. The other one has not been read yet: what they contain is neither established nor disproved here.
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 25 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 55008D0042/00W000 | Wallonia | 194 m² | 1 · 70 m² | - |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “Les activités d’agent commercial indépendant,chargé de négocier et de conclure des contrats de vente,d'achat,de location ou de prestations…” (deed in French)
12 activities (deed in French)
- Les activités d’agent commercial indépendant,chargé de négocier et de conclure des contrats de vente,d'achat,de location ou de prestations de services,au nom et pour le compte d'autres entreprises
- Le commerce de biens à caractère non alimentaire
- Le conseil et l’assistance aux entreprises en matière économique,financière,informatique,de télécommunication,de relations publiques,de communication,d’administration,de gestion,de stratégie,de « business développement »(développement et structure de projets d’investissements),…
- La formation,l’accompagnement,le coaching des cadres et du personnel d’entreprises privées ou publiques,tant en groupe qu’individuellement
- L’organisation d’évènements : organisation de lancement de produits,séminaires,inauguration,fêtes du personnel,action de marketing,team building,activités sportives en Belgique et à l’international,…
- La mise à disposition aux entreprises de personnel et de sous-traitants Freelance
- Le coaching,la formation et l’accompagnement au sens large de sportif professionnels ou amateurs en Belgique et à l’étranger
- La mise à disposition et la location et la vente de matériel de sports
- L’agent de sportifs
- La mise à disposition de personnel technique.
- L’importation,l’exportation et le négoce de produits alimentaires
- La mise au point,la fabrication et la vente d’aliment pour sportif notamment
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- BRINGVALUE
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Région wallonne, transfert en Région de Bruxelles-Capitale ou région de langue française de Belgique par simple décision de l’organe…” (deed in French)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- Two directors jointly
- Board ruleHow the board is made up, meets and takes decisions.
- “Avec ou sans limitation, assemblée qui nomme” (deed in French)“Administrateur, décision contraire assemblée générale” (deed in French)
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “Nominatives, actions” (deed in French)
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- One provision in the deed
- Share issue ruleHow and by whom new shares can be issued.
- One provision in the deed
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Third Friday of June at 20:00
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Tout temps par AG délibérant formes modifications statuts” (deed in French)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Faculté AG désigner un ou plusieurs liquidateurs et déterminer pouvoirs et émoluments, quelque cause et moment” (deed in French)