Brocap
ActiveSummary
Brocap has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €221,701 and a net result of €19,189. Equity is growing by ~9.5% per year across the filed fiscal years. Its solvency ranks better than 31% of 31840 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability56▼-4
Solvency56▼-3
Growth52=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €13,000 at 30 days acceptable
Liquidity tight (current ratio 1.44 against 1.5 in 2024; short-term debt: 69.4% and cash: 2.4% of total assets), and 69.4% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers 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 →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
30.6%
Return on assets
2.6%
Age of the figures
9 mo
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 18-05-2026, 74 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
74 d early
2024
7 d early
2023
13 d early
2022
39 d early
2021
24 d late
2020
31 d late
2019
11 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 13 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
26-09-2026 today31-12-2026 close31-07-2027 deadline
History
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How much credit can you give this customer, and on what term?Credit simulator What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed Is the workforce growing, and do people stay?Employer check
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Financials · fiscal year 2025, micro schema
Equity
€221,701▲ 9.5%
2024 · €202,512
Total assets
€724,340▲ 19.8%
2024 · €604,374
Net result
€19,189▼ 19.3%
2024 · €23,776
Working capital
€220,167▲ 9.4%
2024 · €201,332
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
Line20212022202320242025
Operating result€35,954▲ 51.7%€120,950▲ 236%€17,637▼ 85.4%€31,620▲ 79.3%€26,387▼ 16.5%
Net result€22,401▲ 136%€5,356▼ 76.1%€10,093▲ 88.4%€23,776▲ 136%€19,189▼ 19.3%
Equity€163,287▲ 15.9%€168,643▲ 3.3%€178,736▲ 6.0%€202,512▲ 13.3%€221,701▲ 9.5%
Total assets€550,232▲ 16.0%€514,963▼ 6.4%€477,364▼ 7.3%€604,374▲ 26.6%€724,340▲ 19.8%
Debt€386,945▲ 16.0%€346,319▼ 10.5%€298,627▼ 13.8%€401,861▲ 34.6%€502,639▲ 25.1%
Working capital€131,328▼ 4.2%€166,826▲ 27.0%€176,471▲ 5.8%€201,332▲ 14.1%€220,167▲ 9.4%
Staff (FTE)0.9▲ 200%1▲ 11.1%0.6
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 falls in 2025; 2025 is 17% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €724,340
Fixed assets
€1,654 ▲ 22.9%
Current assets
€722,685 ▲ 19.8%
Equity and liabilities €724,340
Equity
€221,701 ▲ 9.5%
Debt
€502,639 ▲ 25.1%
Debt's share of the balance-sheet total rises from 66.5% to 69.4%. Equity and debt are higher.
Key figures and ratios
EBITDA
€27,349▼
2024 · €32,574
Cash flow
€20,151▼
2024 · €24,730
Current ratio
1.44▼
2024 · 1.50
Quick ratio
1.44▼
2024 · 1.50
Debt to equity
2.27▲
2024 · 1.98
ROE
8.7%▼
2024 · 11.7%
ROA
2.6%▼
2024 · 3.9%
Interest coverage
4.08▼
2024 · 4.41
Debt ≤ 1 year
€502,518▲
2024 · €401,696
Income taxes
€8,088▼
2024 · €9,482
Staff costs
€49,664
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | €521 | - | - | - | - | - |
| Remuneration, social security and pensions62 | €52,642 | €69,219 | €641 | - | €49,664 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €3,771 | €3,043 | €3,004 | €954 | €962 | ▲ 0.8% |
| Other operating charges640/8 | €627 | €469 | €566 | €528 | €544 | ▲ 3.0% |
| Non-recurring operating charges66A | - | - | €33 | €34 | - | - |
| Gross operating margin9900 | €92,993 | €193,682 | €21,881 | €33,135 | €77,556 | ▲ 134% |
| Operating profit (loss)9901 | €35,954 | €120,950 | €17,637 | €31,620 | €26,387 | ▼ 16.5% |
| Financial income75/76B | €432 | - | €1,455 | €9,028 | €7,592 | ▼ 15.9% |
| Recurring financial income75 | €432 | - | €1,455 | €9,028 | €7,592 | ▼ 15.9% |
| Financial charges65/66B | €5,187 | €84,126 | €4,077 | €7,390 | €6,703 | ▼ 9.3% |
| Recurring financial charges65 | €5,187 | €4,201 | €4,077 | €7,390 | €6,703 | ▼ 9.3% |
| Non-recurring financial charges66B | - | €79,925 | - | - | - | - |
| Profit (loss) for the period before taxes9903 | €31,199 | €36,824 | €15,015 | €33,258 | €27,276 | ▼ 18.0% |
| Income taxes67/77 | €8,799 | €31,468 | €4,922 | €9,482 | €8,088 | ▼ 14.7% |
| Profit (loss) for the period9904 | €22,401 | €5,356 | €10,093 | €23,776 | €19,189 | ▼ 19.3% |
| Profit (loss) for the period to be appropriated9905 | €22,401 | €5,356 | €10,093 | €23,776 | €19,189 | ▼ 19.3% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €550,232 | €514,963 | €477,364 | €604,374 | €724,340 | ▲ 19.8% |
| Formation expenses20 | €14 | - | - | - | - | - |
| Fixed assets21/28 | €32,634 | €4,854 | €2,300 | €1,345 | €1,654 | ▲ 22.9% |
| Intangible fixed assets21 | €3,112 | €1,556 | - | - | - | - |
| Tangible fixed assets22/27 | €4,422 | €3,198 | €2,300 | €1,345 | €1,524 | ▲ 13.2% |
| Plant, machinery and equipment23 | €254 | €414 | €274 | €135 | €26 | ▼ 80.7% |
| Furniture and vehicles24 | €4,168 | €2,784 | €1,475 | €661 | €948 | ▲ 43.4% |
| Other tangible fixed assets26 | - | - | €550 | €550 | €550 | = |
| Financial fixed assets28 | €25,101 | €101 | - | - | €131 | - |
| Current assets29/58 | €517,584 | €510,108 | €475,064 | €603,028 | €722,685 | ▲ 19.8% |
| Amounts receivable after more than one year29 | - | - | - | - | €112,580 | - |
| Other amounts receivable291 | - | - | - | - | €112,580 | - |
| Stocks and contracts in progress3 | - | - | - | - | €67 | - |
| Stocks30/36 | - | - | - | - | €67 | - |
| Amounts receivable within one year40/41 | €494,589 | €440,211 | €466,484 | €570,568 | €585,514 | ▲ 2.6% |
| Trade receivables40 | €494,530 | €440,211 | €316,383 | €420,568 | €584,833 | ▲ 39.1% |
| Other amounts receivable41 | €59 | - | €150,101 | €150,000 | €682 | ▼ 99.5% |
| Current investments50/53 | €13,110 | - | - | - | - | - |
| Cash at bank and in hand54/58 | €7,672 | €67,523 | €3,703 | €30,231 | €17,236 | ▼ 43.0% |
| Deferred charges and accrued income490/1 | €2,213 | €2,374 | €4,877 | €2,228 | €7,288 | ▲ 227% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €550,232 | €514,963 | €477,364 | €604,374 | €724,340 | ▲ 19.8% |
| Equity10/15 | €163,287 | €168,643 | €178,736 | €202,512 | €221,701 | ▲ 9.5% |
| Contributions10/11 | €100,000 | €100,000 | €100,000 | €100,000 | €100,000 | = |
| Capital10 | €100,000 | €100,000 | €100,000 | €100,000 | €100,000 | = |
| Issued capital100 | €100,000 | €100,000 | €100,000 | €100,000 | €100,000 | = |
| Reserves13 | €63,000 | €68,000 | €78,000 | €102,000 | €121,000 | ▲ 18.6% |
| Non-distributable reserves130/1 | €16,274 | €3,432 | €3,937 | €5,126 | €6,085 | ▲ 18.7% |
| Legal reserve130 | €3,164 | €3,432 | €3,937 | €5,126 | €6,085 | ▲ 18.7% |
| Own shares acquired1312 | €13,110 | - | - | - | - | - |
| Distributable reserves133 | €46,726 | €64,568 | €74,063 | €96,874 | €114,915 | ▲ 18.6% |
| Profit (loss) carried forward14 | €287 | €643 | €736 | €512 | €701 | ▲ 36.8% |
| Amounts payable17/49 | €386,945 | €346,319 | €298,627 | €401,861 | €502,639 | ▲ 25.1% |
| Amounts payable within one year42/48 | €386,256 | €343,282 | €298,593 | €401,696 | €502,518 | ▲ 25.1% |
| Financial debts43 | €100,000 | €50,000 | €40,000 | €70,000 | €70,000 | = |
| Credit institutions430/8 | €100,000 | €50,000 | €40,000 | €70,000 | €70,000 | = |
| Trade debts44 | €255,000 | €162,790 | €210,182 | €296,513 | €355,268 | ▲ 19.8% |
| Suppliers440/4 | €255,000 | €162,790 | €210,182 | €296,513 | €355,268 | ▲ 19.8% |
| Taxes, remuneration and social security45 | €31,182 | €45,719 | €48,411 | €35,155 | €77,249 | ▲ 120% |
| Taxes450/3 | €20,797 | €35,486 | €48,411 | €35,155 | €66,229 | ▲ 88.4% |
| Remuneration and social security454/9 | €10,385 | €10,233 | - | - | €11,021 | - |
| Other amounts payable47/48 | €74 | €84,773 | - | €28 | €1 | ▼ 96.7% |
| Accrued charges and deferred income492/3 | €689 | €3,037 | €34 | €165 | €120 | ▼ 27.4% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €22,401 | €5,356 | €10,093 | €23,776 | €19,189 | ▼ 19.3% |
| + Depreciation and write-downs630 | €3,771 | €3,043 | €3,004 | €954 | €962 | ▲ 0.8% |
| Operating cash flow (approximation) | €26,171 | €8,400 | €13,097 | €24,730 | €20,151 | ▼ 18.5% |
| Investment in fixed assets (approximation) | - | €24,736 | -€449 | €0 | -€1,271 | - |
| Change in cash | - | €59,850 | -€63,820 | €26,529 | -€12,996 | ▼ 149% |
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
18-05
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
24-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Equity above €200,000Eq €202,512 ▲13.3%
7 profitable years in a row build equity to €202,512.
18-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
22-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Weakest financial yearnet €5,356 ▼76.1%
Net result drops to €5,356, the lowest in the series; recovery starts the following year.
24-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 24 days late
2021
31-12
Financial
Equity above €150,000Eq €163,287 ▲15.9%
4 profitable years in a row build equity to €163,287.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 31 days late
2020
20-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
29-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
5 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, Gent · 1 establishment unit since 2017
Ground area
5,728 m²
Building footprint
268 m²
Parcel 44074C0050/00H000, Flanders. Linked by address, not a title deed.
59
companies at this address
See who is registered here
1 establishment unit
Brocap
since 20172.261.663.777
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44074C0050/00H000 | Flanders | 5,728 m² | 1 · 268 m² | - |
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.
1 of these parcels carry protected heritage: expect extra rules on renovation or sale.
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Of 82,642 companies in sector 70200 we hold annual accounts for 52,583. 39,416 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded16-01-2017
Fiscal year end31-12
Activities, NACEBEL 2025
68121Development of residential building projects
70200Business and other management consultancy
Contact
E-mail
stefanie@brocap.be
Scores and ratios are computed by Checked and are not a credit decision.
Business parks
2 parksDevelops business zone:Brusselbaan
Offers parcels on business park:Deerlijksesteenweg