BRM
ActiveSummary
BRM has been active since 1997 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €944,194 and a net result of -€3,272. Equity is growing by ~5% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.9% (low).
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Signals
This company filed its last 7 accounts on average 9 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (1)
History
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Financials · fiscal year 2025, micro schema
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Peer companies
Historical observationOf the 8,616 companies that looked in July 2024 the way this one looks now, 0.4% went bankrupt within 24 months and 94% are still going.
- Small
- 20 years or older
- solvency 30% or more
- a small loss
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 0.9% 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 497,662 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% | 1.7% |
| 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 75% 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 8,616 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 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €7,260 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €56,744 | €57,574 | €58,616 | €78,949 | €66,820 | ▼ 15.4% |
| Other operating charges640/8 | - | €4,190 | €4,278 | €5,151 | €3,510 | ▼ 31.9% |
| Gross operating margin9900 | €154,309 | €144,780 | €157,611 | €153,650 | €94,191 | ▼ 38.7% |
| Operating profit (loss)9901 | €92,371 | €83,015 | €94,717 | €69,550 | €23,862 | ▼ 65.7% |
| Financial income75/76B | - | - | €7,401 | - | €6,153 | - |
| Recurring financial income75 | €3,326 | - | €7,401 | - | €6,153 | - |
| Financial charges65/66B | - | €19,151 | €20,262 | €18,588 | €24,884 | ▲ 33.9% |
| Recurring financial charges65 | €18,000 | €19,151 | €20,262 | €18,588 | €24,884 | ▲ 33.9% |
| Profit (loss) for the period before taxes9903 | €77,696 | €63,864 | €81,857 | €50,962 | €5,130 | ▼ 89.9% |
| Income taxes67/77 | €32,371 | €22,201 | €27,502 | €20,070 | €8,403 | ▼ 58.1% |
| Profit (loss) for the period9904 | €45,325 | €41,664 | €54,355 | €30,891 | -€3,272 | ▼ 111% |
| Transfer from tax-exempt reserves789 | - | €24,102 | €24,102 | €24,009 | €18,005 | ▼ 25.0% |
| Profit (loss) for the period to be appropriated9905 | €88,177 | €65,766 | €78,457 | €54,900 | €14,733 | ▼ 73.2% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.4m | €1.5m | €1.5m | €1.5m | €1.5m | ▼ 2.1% |
| Fixed assets21/28 | €1.0m | €986,475 | €1.0m | €1.1m | €1.0m | ▼ 4.9% |
| Tangible fixed assets22/27 | €1.0m | €986,258 | €1.0m | €1.1m | €1.0m | ▼ 4.9% |
| Land and buildings22 | - | €922,180 | €884,230 | €852,425 | €828,572 | ▼ 2.8% |
| Plant, machinery and equipment23 | - | €2,752 | €2,452 | €2,152 | €1,927 | ▼ 10.5% |
| Furniture and vehicles24 | - | €5,090 | €81,085 | €112,038 | €100,274 | ▼ 10.5% |
| Other tangible fixed assets26 | - | €56,236 | €71,398 | €86,697 | €71,272 | ▼ 17.8% |
| Financial fixed assets28 | €217 | €217 | €217 | €217 | €217 | = |
| Current assets29/58 | €404,567 | €481,366 | €434,392 | €443,724 | €464,211 | ▲ 4.6% |
| Amounts receivable after more than one year29 | - | €216,692 | - | - | - | - |
| Other amounts receivable291 | - | €216,692 | - | - | - | - |
| Amounts receivable within one year40/41 | €2,726 | €7,726 | €2,000 | €209,900 | €22,592 | ▼ 89.2% |
| Trade receivables40 | - | €2,726 | - | - | - | - |
| Other amounts receivable41 | - | €5,000 | €2,000 | €209,900 | €22,592 | ▼ 89.2% |
| Current investments50/53 | €123 | €123 | €123 | €123 | €100,123 | ▲ 81,156% |
| Cash at bank and in hand54/58 | €181,210 | €253,316 | €428,412 | €228,103 | €334,805 | ▲ 46.8% |
| Deferred charges and accrued income490/1 | - | €3,509 | €3,857 | €5,598 | €6,691 | ▲ 19.5% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.4m | €1.5m | €1.5m | €1.5m | €1.5m | ▼ 2.1% |
| Equity10/15 | €820,557 | €862,221 | €916,575 | €947,467 | €944,194 | ▼ 0.3% |
| Contributions10/11 | €100,000 | €100,000 | €100,000 | €100,000 | €100,000 | = |
| Capital10 | - | €100,000 | €100,000 | €100,000 | - | - |
| Issued capital100 | - | €100,000 | €100,000 | €100,000 | - | - |
| Reserves13 | €720,557 | €762,221 | €816,575 | €847,467 | €844,194 | ▼ 0.4% |
| Non-distributable reserves130/1 | - | €81,657 | €81,657 | €81,657 | - | - |
| Legal reserve130 | - | €81,657 | €81,657 | €81,657 | - | - |
| Tax-exempt reserves132 | - | €103,791 | €79,689 | €55,680 | €37,675 | ▼ 32.3% |
| Distributable reserves133 | - | €576,773 | €655,230 | €710,130 | €806,520 | ▲ 13.6% |
| Amounts payable17/49 | €620,387 | €605,621 | €557,198 | €549,787 | €522,279 | ▼ 5.0% |
| Amounts payable after more than one year17 | €192,079 | €160,150 | €145,280 | €129,119 | €116,586 | ▼ 9.7% |
| Financial debts170/4 | - | €160,150 | €145,280 | €129,119 | €116,586 | ▼ 9.7% |
| Amounts payable within one year42/48 | €406,395 | €423,456 | €389,884 | €400,805 | €377,537 | ▼ 5.8% |
| Current portion of amounts payable after more than one year42 | - | €16,215 | €15,553 | €16,160 | €16,622 | ▲ 2.9% |
| Trade debts44 | - | €148 | €8,047 | €23,292 | €8,309 | ▼ 64.3% |
| Suppliers440/4 | - | €148 | €8,047 | €23,292 | €8,309 | ▼ 64.3% |
| Other amounts payable47/48 | - | €407,094 | €366,285 | €361,353 | €352,606 | ▼ 2.4% |
| Accrued charges and deferred income492/3 | - | €22,014 | €22,034 | €19,863 | €28,155 | ▲ 41.7% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €45,325 | €41,664 | €54,355 | €30,891 | -€3,272 | ▼ 111% |
| + Depreciation and write-downs630 | €56,744 | €57,574 | €58,616 | €78,949 | €66,820 | ▼ 15.4% |
| Operating cash flow (approximation) | €102,069 | €99,238 | €112,970 | €109,841 | €63,548 | ▼ 42.1% |
| Investment in fixed assets (approximation) | - | -€7,672 | -€111,522 | -€93,098 | -€15,552 | ▲ 83.3% |
| Change in cash | - | €72,106 | €175,096 | -€200,309 | €106,701 | ▲ 153% |
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
About the unread acts
We know of 10 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Directors · office · real estate
1 establishment unit
2 parcels
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13003A0102/00D000 | Flanders | 1,871 m² | 1 · 341 m² | 4.0 m · 1 fl. |
| 13434F0096/00P002 | Flanders | 391 m² | 1 · 240 m² | 10.1 m · 3 fl. |
Linked by address, not proof of ownership
Identification & contact
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
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Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.