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BROCO

Active
Private limited companyfounded 2024active for 2 yearsPlantin en Moretuslei 106, 2018 Antwerpen, BelgiumKBO/BCE: BE 1007.100.322
Summary

BROCO has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €64,160 and a net result of €162,160. Its solvency ranks better than 14% of 12,724 sector peers (NACE 47, financial year 2025). The computed 12-month bankruptcy probability is 1.3% (low).

Financials · financial year 2025, abbreviated format

Turnover
≈ €24.0m
Estimated: probably between €14.0m and €29.0m
Total assets
€6.5m
Net result
€162,160
Working capital
€11,560

Turnover and EBIT margin not published: the abbreviated format does not require them. The turnover shown is an estimate from the gross margin.

Balance-sheet composition
Assets €6.5m
Fixed assets €4.1m
Current assets €2.5m
Equity and liabilities €6.5m
Equity €64,160
Debt €6.5m
Debt finances 99.0% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€796,199
Cash flow
€616,503
Current ratio
1.00
Quick ratio
0.63
ROE
252.7%
ROA
2.5%
Interest coverage
7.53
Debt ≤ 1 year
€2.4m
Debt > 1 year
€4.0m
Income taxes
€74,000
Staff costs
€2.7m
A ratio outside any meaningful range has been withheld (balance sheet total €6.5m, equity €64,160).

Peer companies

Historical observation

Of the 1,514 companies that looked in July 2024 the way this one looks now, 2.4% went bankrupt within 24 months and 95.7% are still going.

  • Small
  • 2 to 5 years old
  • solvency under 10%
  • a profit under 5% of the balance sheet
2.4% went bankrupt
1.6% stopped otherwise
95.7% still going

A further 0.3% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 1.3% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to 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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% 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 1,514 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
Filed annual accounts As filed with the NBB · 2025 · 49 lines
Balance sheet Code2025
Assets
Total assets20/58€6.5m
Fixed assets21/28€4.1m
Intangible fixed assets21€4.1m
Tangible fixed assets22/27€0.04m
Plant, machinery and equipment23€0.02m
Other tangible fixed assets26€0.03m
Current assets29/58€2.5m
Stocks and contracts in progress3€0.9m
Stocks30/36€0.9m
Amounts receivable within one year40/41€0.7m
Trade receivables40€0.1m
Other amounts receivable41€0.6m
Cash at bank and in hand54/58€0.7m
Deferred charges and accrued income490/1€0.1m
Equity and liabilities
Total equity and liabilities10/49€6.5m
Equity10/15€0.06m
Contributions10/11€0.002m
Reserves13€0.06m
Distributable reserves133€0.06m
Amounts payable17/49€6.5m
Amounts payable after more than one year17€4.0m
Financial debts170/4€2.0m
Other amounts payable178/9€2.0m
Amounts payable within one year42/48€2.4m
Current portion of amounts payable after more than one year42€0.4m
Trade debts44€1.5m
Suppliers440/4€1.5m
Taxes, remuneration and social security45€0.5m
Taxes450/3€0.09m
Remuneration and social security454/9€0.4m
Other amounts payable47/48€0.1m
Accrued charges and deferred income492/3€0.08m
Income statement Code2025
Remuneration, social security and pensions62€2.7m
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0.5m
Other operating charges640/8€0.01m
Gross operating margin9900€3.5m
Operating profit (loss)9901€0.3m
Financial charges65/66B€0.1m
Recurring financial charges65€0.1m
Profit (loss) for the period before taxes9903€0.2m
Income taxes67/77€0.07m
Profit (loss) for the period9904€0.2m
Profit (loss) for the period to be appropriated9905€0.2m
Appropriation of the result
Profit (loss) to be appropriated9906€0.2m
Transfer to equity691/2€0.06m
To other reserves6921€0.06m
Profit to be distributed694/7€0.1m
Return on contributions (dividend)694€0.1m
Social balance sheet
Average headcount (FTE)908730.4

The notes to these accounts (16 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Remuneration, social security and pensions62€2.7m
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0.5m
Other operating charges640/8€0.01m
Gross operating margin9900€3.5m
Operating profit (loss)9901€0.3m
Financial charges65/66B€0.1m
Recurring financial charges65€0.1m
Profit (loss) for the period before taxes9903€0.2m
Income taxes67/77€0.07m
Profit (loss) for the period9904€0.2m
Profit (loss) for the period to be appropriated9905€0.2m
Line2025
Assets
Total assets20/58€6.5m
Fixed assets21/28€4.1m
Intangible fixed assets21€4.1m
Tangible fixed assets22/27€0.04m
Plant, machinery and equipment23€0.02m
Other tangible fixed assets26€0.03m
Current assets29/58€2.5m
Stocks and contracts in progress3€0.9m
Stocks30/36€0.9m
Amounts receivable within one year40/41€0.7m
Trade receivables40€0.1m
Other amounts receivable41€0.6m
Cash at bank and in hand54/58€0.7m
Deferred charges and accrued income490/1€0.1m
Equity and liabilities
Total equity and liabilities10/49€6.5m
Equity10/15€0.06m
Contributions10/11€0.002m
Reserves13€0.06m
Distributable reserves133€0.06m
Amounts payable17/49€6.5m
Amounts payable after more than one year17€4.0m
Financial debts170/4€2.0m
Other amounts payable178/9€2.0m
Amounts payable within one year42/48€2.4m
Current portion of amounts payable after more than one year42€0.4m
Trade debts44€1.5m
Suppliers440/4€1.5m
Taxes, remuneration and social security45€0.5m
Taxes450/3€0.09m
Remuneration and social security454/9€0.4m
Other amounts payable47/48€0.1m
Accrued charges and deferred income492/3€0.08m
Line2025
Profit (loss) for the period9904€162,160
+ Depreciation and write-downs630€454,343
Operating cash flow (approximation)€616,503

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Filings with the National Bank (1)
Financial year Type Filed Reference
30-09-2025 abbreviated format 30-04-2026 2026-00106834

Similar companies · same sector, comparable size

Of the 10,337 active companies whose main activity is non-specialised retail sale with food, beverages or tobacco predominating (NACE 47110), figures are known for 6,010. 4,753 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Subsidies and aid

Flemish government

2024 · 1 entry · €588 awarded · €588 paid
Schemes
1 entry · €588 · €588 paid · Fonds voor Innoveren en Ondernemen

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.