Skip to content

BRISCOT

Active Public limited companyfounded 2005active for 21 yearsHaelen 2, 4950 WaimesKBO/BCE: BE 0874.563.777 #1 company by total assets in Waimes, Accommodation and food service sector

Lifetime

20 annual accounts with figures on one time axis
peak €575,170 (2019)
€322,955▲ 30.5%
lowest -€262,665 (2023)
-€169,206▲ €57,929
peak €1.4m (2022)
€741,849▼ 19.0%
€2.2m▼ 0.4%
peak 13 FTE (2017)
5 FTE▲ 56.3%
Board7 names since 2017
5 directorsROBERT Jean-Pierre Lucien and 4 others
Documentsfilings and deeds
30-07-20261 day before the deadline
2025financial year
Gross margin from €247,443 to €322,955Loss of €169,206Staff from 3.2 FTE to 5 FTEEquity from €915,603 to €741,849Cash from €33,811 to €49,893

Key points

from the 2025 annual accounts

Equity

€741,849 from €1.4m in 2022

Equity fell by 48% in 3 years.

Losses

-€871,007 in four years
-212,0022022-262,6652023-227,1352024-169,2062025

Every financial year from 2022 to 2025 closed with a loss. 2023 was the heaviest.

Debts

€2.2m 75% of the balance sheet
Financial debts 32%Suppliers 8%Taxes and wages 1%Other 59%

Of this, €303,972 falls due within a year.

Investments

€38,352 0.2 × depreciation
20212022202320242025

Green is investment, beige is depreciation.

Staff

5 FTE from 13 in 2017

Between 2017 and 2025, 62% of the full-time equivalents disappeared.

Filings

20 annual accounts since 2006
AprilJune31 JulyOctober2010201520202025

The 2019 accounts came 27 days late. The other nine of the last ten were filed on time.

Checked score

81
Excellent
Financially stronger than 43% of micro companies in accommodation (NACE 55)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.5% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.6% across 2,522 companies (NACE 55, micro).

About 5 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 0.5% 01-2025: 0.5%● unchanged vs 12-2024 02-2025: 0.5%● unchanged vs 01-2025 03-2025: 0.6%▲ +0.1 percentage points vs 02-2025 04-2025: 0.6%● unchanged vs 03-2025 05-2025: 0.7%▲ +0.1 percentage points vs 04-2025 06-2025: 0.8%▲ +0.1 percentage points vs 05-2025 07-2025: 1.0%▲ +0.2 percentage points vs 06-2025highest value 08-2025: 0.4%▼ -0.6 percentage points vs 07-2025lowest value 09-2025: 0.4%● unchanged vs 08-2025lowest value 10-2025: 0.4%● unchanged vs 09-2025lowest value 11-2025: 0.4%● unchanged vs 10-2025lowest value 12-2025: 0.4%● unchanged vs 11-2025lowest value 01-2026: 0.4%● unchanged vs 12-2025lowest value 02-2026: 0.4%● unchanged vs 01-2026lowest value 03-2026: 0.5%▲ +0.1 percentage points vs 02-2026 04-2026: 0.6%▲ +0.1 percentage points vs 03-2026 05-2026: 0.6%● unchanged vs 04-2026 06-2026: 0.7%▲ +0.1 percentage points vs 05-2026 07-2026: 0.7%● unchanged vs 06-2026 08-2026: 0.5%▼ -0.2 percentage points vs 07-2026 09-2026: 0.5%● unchanged vs 08-2026 10-2026: 0.5%● unchanged vs 09-2026 11-2026: 0.5%● unchanged vs 10-2026

Financial strength
Average

50-4equity 25.2% of total assets
52+1short-term debt 10.3% · cash 1.7%
43+22return on assets -5.7%

Score breakdown

raises risk
Loss of €169,206, the second in a row (financial year 2025)
Liquidity: current ratio 0.28, cash €49,893
lowers risk
Figures for financial year 2025 (filed on 30-07-2026)
Founded in 2005
Calculation

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 55, micro). It does better than 52% of them on solvency, 62% on liquidity, 35% on profitability and 23% on growth.

The bankruptcy probability was computed on 10-11-2026 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 31-12-2025.

Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% 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).

Comparable companies, two years later

In July 2024, 2,450 companies had the same profile as BRISCOT has now. Each dot stands for 7 companies, two years later.

93.3%
were still trading
5.0%
stopped another way
1.5%
went bankrupt
  • Micro
  • 20 years or older
  • solvency 10 to 30%
  • a small loss

Another 0.2% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of BRISCOT itself: 0.5% within 12 months.

Test of the method

The method was tested on the 497,448 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.

The companies in ten equal groups, from the lowest to the 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% 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 2,450 companies, not a prediction for BRISCOT. 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.

Credit verdict

Credit of up to €60,000 on 30-day terms is acceptable

Liquidity is insufficient, with a current ratio of 0.28 (0.22 in 2024), below 1. Short-term debt is 10.3% and cash 1.7% of total assets. 74.8% of the assets are financed with debt and provisions.

Credit check for an amount and term of your choice

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.

Signals

Six signals.
lowers riskraises riskneutral
raises risk · Loss of €169,206, the second in a row (financial year 2025)
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed on 30-07-2026)
NBB · annual accounts
lowers risk · Founded in 2005
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Liquidity: current ratio 0.28, cash €49,893
NBB · annual accounts
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025
Net result per financial year
1819202122232425
2018 to 2025 · latest year -€169,206
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 30-07-2026, 1 day ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
1 day early
2024
6 days early
2023
on the day
2022
3 days early
2021
27 days early
2020
1 day early
2019
27 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 2 days before the deadline. In the sector (NACE 55), the median for financial year 2024 was 1 day before the deadline, and 45% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 28 July (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
11-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

JP
Director
PR
Director
RJ
Director, since 13-07-2021
RP
Director, since 13-07-2021
RW
Director, since 13-07-2021
  • Jean-Pierre ROBERTdeed of 24-05-2022
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0874563777
Capital increase of €1,150,000 to €1,958,000 Capital from €808,000 to €1,958,000, 23,000 new shares · Contribution: Jean-Pierre ROBERT · General meeting of 11-05-2022 · Gazette deed
3 directors appointed, 3 resignations Capital from €71,000 to €283,000, 4,240 new shares · Capital from €283,000 to €808,000, 10,500 new shares · Resignations: ROBERT Jean-Pierre Lucien, ROBERT Lucien Alfred Emile Germain and ROBERT Philippe Jean-Louis · General meeting of 13-07-2021 · Gazette deed
Capital increase of €525,000 to €808,000 Capital from €283,000 to €808,000, 10,500 new shares · Contribution: Jean-Pierre ROBERT · General meeting of 24-12-2018 · Gazette deed
All 38 events

Comparable companies

same main activity, similar in size and age
Company
BRISCOT Waimes €2.9m €322,955 25.2% 5
GLOBAL MARE De Haan €3.1m €272,966 43.2% 3.6
Auberge de La Grande Cure Rendeux €2.8m €264,422 65.3% 6
HOTEL DE FLANDRE Namur €2.4m €486,061 8.9% 5.9
DE MEYER HOTELS De Panne €1.8m €404,487 26.0% 4.5
Hostellerie DE BIEK Aalst €1.5m €330,400 15.1% 4.6
Hotel Jan Brito Bruges €2.0m €431,905 35.4% 7.8

These companies have the same main activity as BRISCOT: hotels and similar accommodation (NACE 55100). They are comparable in size and age: total assets between €1.5m and €3.1m, founded between 1999 and 2007.

Official details

Source: KBO
Status
Active since 20-06-2005Normal situation
Activity
Hotels and similar accommodationNACE 55100and 5 others
Establishment units
2.147.576.1394950 Waimes, since 10-06-2005
2.262.200.0494950 Waimes, since 01-08-2016
Financial year end
31 December
Peppol
Reachable since 15-10-2026
Company details

Annual accounts 2025

≈ €560,000estimated
€2.9m▼ 5.9%
Employeeson 31-12-2025
10▲ 11.1%
Filing
Filed on 30-07-2026, 1 day before the end of the filing period
Financials

Insights on BRISCOT

BRISCOT has existed since 2005. The gross margin fell from €565,186 in 2021 to €238,100 in 2022 and staff from 8.6 to 5.8 full-time equivalents.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about BRISCOT

What is the company number of BRISCOT?
The company number of BRISCOT is 0874.563.777. The VAT number is the same number with BE in front: BE 0874.563.777.
Where is BRISCOT based?
The registered office is at Haelen 2, 4950 Waimes.Company details
What does BRISCOT do?
According to the KBO register, the main activity is hotels and similar accommodation (NACE 55100).
What is the legal form of BRISCOT?
BRISCOT is a public limited company (NV).
When was BRISCOT founded?
BRISCOT was founded on 20-06-2005.
Is BRISCOT still active?
Yes, BRISCOT is an active enterprise in the KBO register.
How many employees does BRISCOT have?
BRISCOT had an average of 5 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of BRISCOT?
The turnover in financial year 2025 is ≈ €560,000. This figure is estimated from the gross margin of €322,955 and 34 comparable companies (NACE 55). It probably lies between €470,000 and €730,000. In financial year 2021 turnover was €913,392.
Is BRISCOT profitable?
In financial year 2025, BRISCOT made a loss of €169,206.
Where can I find the annual accounts of BRISCOT?
BRISCOT filed 20 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of BRISCOT due?
BRISCOT must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

Next steps

See how customers, suppliers and banks see your own company and what to improve first.

Keep this company with today's facts in a case file.