BRINIS
ActiveSummary
BRINIS has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €86k and a net result of €-8k. Equity is shrinking by ~10.5% per year across the filed fiscal years. Its solvency ranks better than 41% of 90 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.4% (low).
Checked score
Score 2024
43
/ 100
Weak
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability16▲+8
Solvency51▼-2
Growth32=
Track record100
Bankruptcy probability, 12 months
1.4%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3.5k at 30 days only on tighter terms
Liquidity ample (current ratio 2.09 against 2.36 in 2023; short-term debt: 34.8% and cash: 0% of total assets), but 73.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 61
Relative position
BE, all sectors
reference
Sector 61
higher
← 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 dateAge against the risk zone
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 2024Solvency, return and age of the figures
Solvency
26.1%
Return on assets
-2.5%
Age of the figures
21 mo
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024Net result per financial year
18192021222324
2018 to 2024 · latest year €-8k
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 31-10-2025, 92 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
92 d late
2023
28 d late
2022
22 d late
2021
31 d late
2020
87 d late
2019
119 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, abbreviated schema
Equity
€86k▼ 8.7%
2023 · €95k
2018: €156k
2019: €172k
2020: €147k
2021: €144k
2022: €124k
2023: €95k
2018 → 2024
Total assets
€331k▼ 0.6%
2023 · €333k
2018: €387k
2019: €389k
2020: €364k
2021: €363k
2022: €362k
2023: €333k
2018 → 2024
Net result
€-8k▲ 72.1%
2023 · €-30k
2018: €22k
2019: €16k
2020: €-25k
2021: €-3k
2022: €-20k
2023: €-30k
2018 → 2024
Working capital
€125k▼ 8.0%
2023 · €136k
2018: €194k
2019: €206k
2020: €185k
2021: €186k
2022: €167k
2023: €136k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€147k-€144k▼ 1.9%€124k▼ 13.6%€95k▼ 23.8%€86k▼ 8.7%
Operating result€-13k-€32k€2k▼ 92.7%€-19k€-10k▲ 48.7%
Net result€-25k-€-3k▲ 88.8%€-20k▼ 587%€-30k▼ 50.8%€-8k▲ 72.1%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €10k in 2024 against €19k in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €331k
Fixed assets
€90k ▼ 6.4%
Current assets
€241k ▲ 1.8%
Equity and liabilities €331k
Equity
€86k ▼ 8.7%
Provisions
€15k =
Debt
€229k ▲ 2.8%
Debt's share of the balance-sheet total rises from 67.0% to 69.3%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-4k▲
2023 · €-12k
Cash flow
€-2k▲
2023 · €-22k
Current ratio
2.09▼
2023 · 2.36
Debt to equity
2.65▲
2023 · 2.35
ROE
-9.5%▲
2023 · -31.2%
ROA
-2.5%▲
2023 · -8.9%
Interest coverage
-0.30▲
2023 · -1.21
Debt ≤ 1 year
€115k▲
2023 · €100k
Debt > 1 year
€114k▼
2023 · €123k
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 · 2024 against 2023 · 50 lines
Balance sheet
Code20232024
Assets
Total assets20/58€333k€331k▼
Fixed assets21/28€96k€90k▼
Intangible fixed assets21€0-
Tangible fixed assets22/27€96k€90k▼
Land and buildings22€96k€90k▼
Plant, machinery and equipment23€0-
Furniture and vehicles24€88-
Other tangible fixed assets26€0-
Current assets29/58€236k€241k▲
Amounts receivable within one year40/41€228k€240k▲
Trade receivables40€2k€100▼
Other amounts receivable41€226k€240k▲
Cash at bank and in hand54/58€8k€109▼
Equity and liabilities
Total equity and liabilities10/49€333k€331k▼
Equity10/15€95k€86k▼
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€74k€66k▼
Provisions and deferred taxes16€15k€15k=
Provisions for liabilities and charges160/5€15k€15k=
Pensions and similar obligations160€15k-
Major repairs and maintenance162-€15k
Amounts payable17/49€223k€229k▲
Amounts payable after more than one year17€123k€114k▼
Financial debts170/4€123k€114k▼
Amounts payable within one year42/48€100k€115k▲
Current portion of amounts payable after more than one year42€9k€9k▼
Financial debts43-€150
Credit institutions430/8-€150
Trade debts44€80k€95k▲
Suppliers440/4€80k€95k▲
Advances received on contracts in progress46-€3k
Taxes, remuneration and social security45€2k€171▼
Taxes450/3€2k€171▼
Other amounts payable47/48€9k€8k▼
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7k€6k▼
Other operating charges640/8€2k€2k▼
Gross operating margin9900€-10k€-2k▲
Operating profit (loss)9901€-19k€-10k▲
Financial income75/76B-€14k
Recurring financial income75-€14k
Financial charges65/66B€10k€12k▲
Recurring financial charges65€10k€12k▲
Profit (loss) for the period before taxes9903€-30k€-8k▲
Profit (loss) for the period9904€-30k€-8k▲
Profit (loss) for the period to be appropriated9905€-30k€-8k▲
Appropriation of the result
Profit (loss) to be appropriated9906€74k€66k▼
Profit (loss) brought forward from the previous period14P€104k€74k▼
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
31-10
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 92 days late
2024
28-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 28 days late
2023
31-12
Financial
Weakest financial yearnet €-30k
Net result drops to €-30k, the lowest in the series; recovery starts the following year.
22-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 22 days late
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
26-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 87 days late
2020
27-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 119 days late
2019
05-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 5 days late
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 30 days late
2017
11-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 11 days late
2016
31-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Kraainem · 1 establishment unit since 2001
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Koningin Astridlaan 4591950 KraainemGround area
214 m²
Building footprint
78 m²
Volume, LiDAR
720 m³
Parcel 22002C0037/00N000, Flanders · tallest building 13.3 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Koningin Astridlaan 459, 1950 Kraainem
since 20012.094.486.554
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 22002C0037/00N000 | Flanders | 214 m² | 1 · 78 m² | 13.3 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel 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
PULSE CONSULT
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ACTUA-TV
BE 0859.875.603
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LOGICART
BE 0473.095.427
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BE 0477.415.984
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Of 1,376 companies in sector 61100 we hold annual accounts for 586. 412 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded19-02-2001
Fiscal year end31-12
Activities, NACEBEL 2025
61100Wired, wireless and satellite telecommunications
Sources
Crossroads Bank for EnterprisesNational Bank · 23 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:fgrandjean@skynet.be