BRITECO
ActiveSummary
BRITECO has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€54,467) and a net result of -€37,933. Equity is shrinking by ~103.7% per year across the filed fiscal years. Its solvency ranks better than 5% of 31896 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability0=
Solvency0▼-7
Growth32=
Track record94
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.09 against 0.09 in 2024; short-term debt: 153.9% and cash: 6.6% of total assets), and equity is negative.
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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
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 2025Solvency, return and age of the figures
Solvency
-66.6%
Return on assets
-46.4%
Age of the figures
9 mo
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
22232425
2022 to 2025 · latest year -€54,467
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 01-06-2026, 60 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
60 d early
2024
64 d early
2023
42 d early
2022
41 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 4 accounts on average 52 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% 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.
Companies Code · seven monthsPosition in the running window
27-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
-€54,467▼ 229%
2024 · -€16,535
Total assets
€81,768▼ 9.5%
2024 · €90,380
Net result
-€37,933▲ 24.5%
2024 · -€50,218
Working capital
-€114,551▼ 40.8%
2024 · -€81,335
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line2022202320242025
Operating result€31,513-€6,900▼ 78.1%-€48,108-€36,937▲ 23.2%
Net result€24,614-€4,398▼ 82.1%-€50,218-€37,933▲ 24.5%
Equity€29,614-€34,012▲ 14.9%-€16,535-€54,467▼ 229%
Total assets€57,002-€114,055▲ 100%€90,380▼ 20.8%€81,768▼ 9.5%
Debt€27,387-€80,043▲ 192%€106,915▲ 33.6%€136,235▲ 27.4%
Working capital€22,333--€45,719-€81,335▼ 77.9%-€114,551▼ 40.8%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €36,937 in 2025 against €48,108 in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €81,768
Fixed assets
€70,463 ▼ 14.7%
Current assets
€11,305 ▲ 45.4%
Key figures and ratios
EBITDA
-€12,175▲
2024 · -€23,816
Cash flow
-€13,171▲
2024 · -€25,926
Solvency
-66.6%▼
2024 · -18.3%
Current ratio
0.09▲
2024 · 0.09
Debt to equity
-2.50▲
2024 · -6.47
ROA
-46.4%▲
2024 · -55.6%
Interest coverage
-11.08▲
2024 · -17.97
Debt ≤ 1 year
€125,856▲
2024 · €89,109
Debt > 1 year
€10,379▼
2024 · €17,806
Income taxes
-€103▼
2024 · €786
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 6,035 companies that looked in July 2024 the way this one looks now, 7.2% went bankrupt within 24 months and 82% are still going.
- Micro
- 5 to 10 years old
- negative equity
- a loss of 10% of the balance sheet or more
7.2%
went bankrupt
8.2%
stopped otherwise
82%
still going
A further 2.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 0.8% 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 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
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 6,035 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 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €3,467 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,579 | €14,602 | €24,292 | €24,762 | ▲ 1.9% |
| Other operating charges640/8 | €701 | €539 | €1,386 | €767 | ▼ 44.7% |
| Gross operating margin9900 | €33,792 | €22,041 | -€22,430 | -€11,408 | ▲ 49.1% |
| Operating profit (loss)9901 | €31,513 | €6,900 | -€48,108 | -€36,937 | ▲ 23.2% |
| Financial income75/76B | €3 | €2 | €1 | - | - |
| Recurring financial income75 | €3 | €2 | €1 | - | - |
| Financial charges65/66B | €158 | €1,088 | €1,325 | €1,099 | ▼ 17.0% |
| Recurring financial charges65 | €158 | €1,088 | €1,325 | €1,099 | ▼ 17.0% |
| Profit (loss) for the period before taxes9903 | €31,358 | €5,814 | -€49,432 | -€38,037 | ▲ 23.1% |
| Income taxes67/77 | €6,743 | €1,416 | €786 | -€103 | ▼ 113% |
| Profit (loss) for the period9904 | €24,614 | €4,398 | -€50,218 | -€37,933 | ▲ 24.5% |
| Profit (loss) for the period to be appropriated9905 | €24,614 | €4,398 | -€50,218 | -€37,933 | ▲ 24.5% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €57,002 | €114,055 | €90,380 | €81,768 | ▼ 9.5% |
| Fixed assets21/28 | €7,282 | €104,411 | €82,606 | €70,463 | ▼ 14.7% |
| Tangible fixed assets22/27 | €7,282 | €104,411 | €82,606 | €60,463 | ▼ 26.8% |
| Furniture and vehicles24 | €7,282 | €104,411 | €82,606 | €60,463 | ▼ 26.8% |
| Financial fixed assets28 | - | - | - | €10,000 | - |
| Current assets29/58 | €49,720 | €9,644 | €7,774 | €11,305 | ▲ 45.4% |
| Amounts receivable within one year40/41 | €13,745 | €1,555 | €3,602 | €295 | ▼ 91.8% |
| Trade receivables40 | €13,745 | - | €3,335 | €295 | ▼ 91.2% |
| Other amounts receivable41 | - | €1,555 | €267 | - | - |
| Cash at bank and in hand54/58 | €34,794 | €6,584 | €3,246 | €5,364 | ▲ 65.2% |
| Deferred charges and accrued income490/1 | €1,181 | €1,505 | €926 | €5,647 | ▲ 510% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €57,002 | €114,055 | €90,380 | €81,768 | ▼ 9.5% |
| Equity10/15 | €29,614 | €34,012 | -€16,535 | -€54,467 | ▼ 229% |
| Contributions10/11 | €5,000 | €5,000 | €5,000 | €5,000 | = |
| Profit (loss) carried forward14 | €24,614 | €29,012 | -€21,535 | -€59,467 | ▼ 176% |
| Amounts payable17/49 | €27,387 | €80,043 | €106,915 | €136,235 | ▲ 27.4% |
| Amounts payable after more than one year17 | - | €24,679 | €17,806 | €10,379 | ▼ 41.7% |
| Financial debts170/4 | - | €24,679 | €17,806 | €10,379 | ▼ 41.7% |
| Amounts payable within one year42/48 | €27,387 | €55,363 | €89,109 | €125,856 | ▲ 41.2% |
| Current portion of amounts payable after more than one year42 | - | €6,597 | €6,873 | €7,427 | ▲ 8.1% |
| Trade debts44 | €9,259 | €5,113 | €7,879 | €1,314 | ▼ 83.3% |
| Suppliers440/4 | €9,259 | €5,113 | €7,879 | €1,314 | ▼ 83.3% |
| Taxes, remuneration and social security45 | €14,125 | €1,416 | €2,120 | €3,703 | ▲ 74.7% |
| Taxes450/3 | €14,125 | €1,416 | €2,120 | €3,703 | ▲ 74.7% |
| Other amounts payable47/48 | €4,004 | €42,237 | €72,237 | €113,412 | ▲ 57.0% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €24,614 | €4,398 | -€50,218 | -€37,933 | ▲ 24.5% |
| + Depreciation and write-downs630 | €1,579 | €14,602 | €24,292 | €24,762 | ▲ 1.9% |
| Operating cash flow (approximation) | €26,193 | €19,000 | -€25,926 | -€13,171 | ▲ 49.2% |
| Investment in fixed assets (approximation) | - | -€111,731 | -€2,487 | -€12,619 | ▼ 407% |
| Change in cash | - | -€28,210 | -€3,338 | €2,118 | ▲ 163% |
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
05-08
State Gazette act
Capital & shares · Purpose · RestructuringDeclaration · Share cancellation · Purpose change21 facts ▸
State Gazette act
Capital & shares · Purpose · Restructuring
Declaration · Share cancellation · Purpose change21 facts ▸
- General meeting, unanimité, dispense le Président de donner lecture du projet de fusion
- Declaration, communication des documents visés à l'article 12:51 CSA, communiqués et mis gratuitement à disposition de l'actionnaire unique
- Declaration, non-application des dispositions de l'article 12:51 § 2 4° CSA, décidé par tous les actionnaires des sociétés absorbée et absorbante
- Declaration, accomplissement des formalités prescrites par la loi, constaté par l'assemblée
- General meeting, unanimité, constatation que l'opération entre dans le cadre de l'article 12:7 CSA
- Declaration, caractère non idoine des objets des sociétés absorbée et absorbante, constaté par l'assemblée
- General meeting, approbation du projet de fusion et décision d'absorber BRITEFLO par voie de transfert
- Share cancellation, détention de l'intégralité des actions par la société absorbante, article 3:77 CSA
- General meeting, unanimité, fusion avec BRITECO par voie de transfert
- General meeting, unanimité, constatation de la nécessité de modification de l'objet social
- Declaration, nature des actions des sociétés concernées, actions ordinaires, sans désignation de valeur nominale et sans distinction de catégorie
- Declaration, avantages particuliers aux membres des organes d'administration, aucun avantage particulier attribué
- +9 further facts in this act
01-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
28-05
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet -€50,218
Net result drops to -€50,218, the lowest in the series; recovery starts the following year.
19-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
20-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 3 acts read
About the unread acts
Of the 3 Belgian State Gazette acts we know for this company, 1 has been read. The other 2 have not 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 1. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Rixensart · 1 establishment unit since 2021
Ground area
1,544 m²
Building footprint
176 m²
Volume, LiDAR
1,009 m³
Parcel 25091G0433/00A000, Wallonia · tallest building 15.4 m, ±2 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
Rue du Plagniau 16, 1330 Rixensart
since 20212.320.678.874
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25091G0433/00A000 | Wallonia | 1,544 m² | 1 · 176 m² | 15.4 m · 2 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.
Articles of association
Purpose
La gestion au sens large de toutes sociétés ou entreprises de droit belge ou de droit étranger, commerciales, industrielles, informatiques, financières, mobilières et immobilières…
Full purpose (22 activities)
- La gestion au sens large de toutes sociétés ou entreprises de droit belge ou de droit étranger, commerciales, industrielles, informatiques, financières, mobilières et immobilières, ainsi que le contrôle de leur gestion ou la participation à celle-ci par la prise de tous mandats au sein desdites sociétés ou entreprises
- Toute contribution à l'établissement et au développement de sociétés, d'entreprises, d'organisations et d'institutions et en particulier de dispenser du conseil et des avis techniques, commerciaux, de gestion ou administratifs dans le sens le plus large du terme ; fournir des conseils, son assistance et exécuter des services directement ou indirectement sur le plan de l'administration et des finances, de la vente, de l'informatique, de la production, des techniques d'organisation et de distribution commerciale
- Toutes activités de services et de management au sens le plus large de ces termes à toutes personnes physiques ou morales quelconques ; exécuter tous mandats sous forme d'études, d'organisations, d'expertises, d'actes et de conseils techniques ou autres dans tout domaine rentrant dans son objet social
- L'organisation, l'administration et le conseil de sociétés, d'entreprises, d'organisations ou d'institutions dans le domaine informatique au sens large, la gestion d'entreprises informatiques, la création et la conception de software informatique, l'intelligence artificielle, l'exploitation de plates-formes IT dont l'exploitation de plateformes Cloud, l'achat, la vente et la distribution d'hardware, de software et de solutions informatiques au sens le plus large, la gestion et l'exploitation des données
- La création et la conception de software et solutions informatiques
- La gestion d'hébergements touristiques, en ce compris les gestions locatives de courtes durées, ainsi que les services de conciergerie immobilière
- La gestion locative et administrative de biens immobiliers, pour les propriétaires et pour les locataires
- Les activités d'intermédiaire commercial et de commissionnaire au sens large
- La gestion et la promotion de toutes formes de droits intellectuels
- Tous types de prestations de consultance dans le domaine des affaires au sens large, de la vente, du marketing, des ressources humaines, du management et de l'informatique et des technologies digitales, le coaching individuel ou de groupe, le support, l'organisation de séminaires et de cours de formation dans les domaines les plus larges, le conseil et la réalisation de prestations en project et interim management
- La prise de participation(s) dans d'autres sociétés ou entreprises, la gestion en qualité d'administrateur ou autrement, la liquidation de sociétés ou entreprises, ainsi que la recherche, l'acquisition, la détention, la gestion et le transfert de tout actif mobilier ou immobilier, corporel ou incorporel. Elle peut accepter tout mandat de gestion et d'administration dans toute société et association quelconque
- La société peut être administrateur, gérant ou liquidateur
- Toutes activités se rapportant à la gestion patrimoniale au sens large mobilière (valeurs en portefeuille, titres ou autres) et immobilière en ce compris l'activité de marchand de biens, par elle-même ou par l'intermédiaire de toute autre personne physique ou morale, ou en participation avec des tiers, en Belgique ou à l'étranger, comme l'achat, la vente, la location, la construction, la réparation, la mise en valeur, l'échange, l'aménagement, la décoration de tous biens mobiliers et immobiliers bâtis ou non bâtis, cette liste étant énonciative et non limitative
- La société pourra contracter ou consentir tout emprunt hypothécaire ou non, donner ou prendre en gage ou en caution, consentir des garanties hypothécaires, même pour des tiers, sauf si ces opérations sont réservées par la loi ou les règlements aux banques et/ou aux institutions de crédit
- La société peut d'une façon générale accomplir toutes opérations commerciales, industrielles, financières, mobilières ou immobilières, soit pour son propre compte, soit pour le compte de tiers, se rapportant directement ou indirectement à son objet social ou qui seraient de nature à en faciliter directement ou indirectement, entièrement ou partiellement la réalisation
- La société peut exercer toutes fonctions et mandats et s'intéresser par voie d'apport, de fusion, scission, apport de branche d'activité, apport d'universalité, apport partiel d'actif, de souscription ou de toute autres manières dans toutes autres affaires, entreprises, associations ou sociétés ayant un objet identique, analogue ou connexe au sien ou qui sont de nature à favoriser le développement de son entreprise, à lui procurer des ressources ou à faciliter l'écoulement des services et produits
- La société peut garantir les engagements de tiers et notamment ceux des actionnaires et administrateurs
- Accomplir tous actes généralement quelconques nécessaires ou utiles à la réalisation de l'objet social des sociétés dont elle exerce ou contrôle la gestion, ou à la gestion desquelles elle participe, ainsi que les actes imposés par la loi auxdites sociétés, eu égard à leur objet social
- Toutes opérations industrielles, commerciales et financières, y compris le financement, toutes opérations mobilières et immobilières qui sont de nature à réaliser, développer ou faciliter son objet
- S'intéresser directement ou indirectement, dans toutes affaires, entreprises ou sociétés, ayant un objet similaire ou connexe au sien
- Gérer son propre patrimoine et s'intéresser par toutes voies de droit au développement de celui-ci
- S'intéresser par voie d'association, d'apport, de fusion, d'intervention financière ou autrement dans toutes sociétés, associations ou entreprises dont l'objet est identique, analogue ou connexe au sien ou susceptible de favoriser le développement de son entreprise ou de constituer pour elle une source de débouchés
Structure & network
Owners and holdings
1 holdingOwners 0
The accounts to 31-12-2025 list no shareholders, and no other source names one.
Holdings 1
-
100%
According to the 2025 annual accounts of BRITECO and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
Acquisitions and mergers
1 transactionTook over:BRITEFLO
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Identification & contact
Identification
Legal formPrivate limited company
Founded08-07-2021
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
E-invoicing
Reachable via Peppol
Peppol ID
0208:0770889583
Registered
06-08-2021
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.