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Brocsa

Active
Public limited companyfounded 198145 yrs activeZondagsboslaan 3, 1150 Sint-Pieters-Woluwe, BelgiumKBO/BCE: BE 0421.593.177
Summary

Brocsa has been active since 1981 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €10.0m and a net result of €1.2m. Equity is growing by ~4.3% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.7% (low).

Checked score

Score 2025
Axes · tick = 2024
Profitability33▼-16
Solvency100=
Growth62=
Track record100
Bankruptcy probability, 12 months
0.7% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €650,000 at 30 days acceptable
short-term debt: 0.1% and cash: 5.9% of total assets, and 0.1% of the assets are financed with debt.
Credit check for your own amount and term

Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 45 years 0 50 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
99.9%
Return on assets
11.5%
Age of the figures
9 mo
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
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 29-05-2026, 63 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
63 d early
2024
65 d early
2023
35 d early
2022
77 d early
2021
79 d early
2020
82 d early
2019
80 d early
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 7 accounts on average 69 days before 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 (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 months
Position in the running window
27-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

Brocsa was incorporated on 17 April 1981.1 Revenue went from EUR 54,507 in 2018 to EUR 52,781 in 2022.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2022

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Financials · fiscal year 2025, full schema

Turnover
€52,781▲ 5.2%
2021 · €50,179
EBIT margin
-34.5%▲ 12.9pp
2021 · -47.4%
Net result
€1.2m▲ 182%
2024 · €410,827
Working capital
€6.6m▲ 21.4%
2024 · €5.4m
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
Turnover€50,179▲ 0.3%€52,781▲ 5.2%
Operating result-€23,803▼ 128%-€18,205▲ 23.5%-€27,671▼ 52.0%-€31,676▼ 14.5%-€56,433▼ 78.2%
Net result€242,695▲ 89.9%€260,239▲ 7.2%€419,869▲ 61.3%€410,827▼ 2.2%€1.2m▲ 182%
EBIT margin-47.4%▼ 26.6pp-34.5%▲ 12.9pp
Equity€8.5m€8.9m▲ 4.9%€10.0m▲ 13.1%
Total assets€7.8m▲ 2.2%€8.1m▲ 3.3%€8.5m▲ 5.4%€8.9m▲ 4.3%€10.0m▲ 13.1%
Debt€40,100▼ 65.3%€36,259▼ 9.6%€52,022▲ 43.5%€2,975▼ 94.3%€9,017▲ 203%
Working capital€4.3m▲ 6.0%€4.6m▲ 6.3%€5.1m▲ 9.5%€5.4m▲ 7.3%€6.6m▲ 21.4%
Result per fiscal year
Operating resultNet result
-€500,000€0€500,000€1.0mOperating result 2021: -€23,803-€23,803Net result 2021: €242,695€242,695Operating result 2022: -€18,205-€18,205Net result 2022: €260,239€260,239Operating result 2023: -€27,671-€27,671Net result 2023: €419,869€419,869Operating result 2024: -€31,676-€31,676Net result 2024: €410,827€410,827Operating result 2025: -€56,433-€56,433Net result 2025: €1.2m€1.2m20212022202320242025-€500,000€0€500,000€1mOperating result 2023: -€27,671-€27,700Net result 2023: €419,869€420,000Operating result 2024: -€31,676-€31,700Net result 2024: €410,827€411,000Operating result 2025: -€56,433-€56,400Net result 2025: €1.2m€1.2m202320242025
The operating result stays negative: a loss of €56,433 in 2025 against €31,676 in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €10.0m
Fixed assets €3.4m ▼ 0.1%
Current assets €6.6m ▲ 21.5%
Equity and liabilities €10.0m
Equity €10.0m ▲ 13.1%
Debt €9,017 ▲ 203%
Debt's share of the balance-sheet total rises from 0.0% to 0.1%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
-€43,980▼
2024 · -€16,369
Cash flow
€1.2m▲
2024 · €426,135
Debt to equity
0.00▲
2024 · 0.00
ROE
11.6%▲
2024 · 4.6%
ROA
11.5%▲
2024 · 4.6%
Interest coverage
-1.07▼
2024 · 0.35
Debt ≤ 1 year
€9,017▲
2024 · €2,975
Income taxes
€115,754▲
2024 · €41,789
A ratio outside any meaningful range has been withheld (balance sheet total €10.0m, equity €10.0m).
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 1,552 companies that looked in July 2024 the way this one looks now, 0.1% went bankrupt within 24 months and 97% are still going.

  • Medium-sized
  • 20 years or older
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.1% went bankrupt
3.2% stopped otherwise
97% still going

For this company itself Checked computes a higher bankruptcy probability: 0.7% 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%.

The companies in ten equal groups, from lowest to highest expected share.
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 1,552 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 against 2024 · 43 lines
Balance sheet Code20242025
Assets
Total assets20/58€8.9m€10.0m▲
Fixed assets21/28€3.4m€3.4m▼
Tangible fixed assets22/27€491,805€489,346▼
Land and buildings22€486,343€485,480▼
Plant, machinery and equipment23€5,462€3,866▼
Financial fixed assets28€3.0m€3.0m=
Current assets29/58€5.4m€6.6m▲
Amounts receivable within one year40/41€159,772€152,754▼
Other amounts receivable41€159,772€152,754▼
Current investments50/53€5.1m€5.8m▲
Cash at bank and in hand54/58€176,597€589,087▲
Deferred charges and accrued income490/1€4,922€7,616▲
Equity and liabilities
Total equity and liabilities10/49€8.9m€10.0m▲
Equity10/15€8.9m€10.0m▲
Contributions10/11€1.2m€1.2m=
Capital10€1.2m€1.2m=
Issued capital100€1.2m€1.2m=
Reserves13€1.5m€2.6m▲
Non-distributable reserves130/1€122,700€122,700=
Legal reserve130€122,700€122,700=
Distributable reserves133€1.3m€2.5m▲
Profit (loss) carried forward14€6.2m€6.2m=
Amounts payable17/49€2,975€9,017▲
Amounts payable within one year42/48€2,975€9,017▲
Trade debts44€454€5,248▲
Suppliers440/4€454€5,248▲
Other amounts payable47/48€2,521€3,770▲
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€15,307€12,453▼
Other operating charges640/8€32,631€31,628▼
Gross operating margin9900€16,262-€12,352▼
Operating profit (loss)9901-€31,676-€56,433▼
Financial income75/76B€438,052€1.4m▲
Recurring financial income75€438,052€1.4m▲
Financial charges65/66B-€46,240€41,267▲
Recurring financial charges65-€46,240€41,267▲
Profit (loss) for the period before taxes9903€452,617€1.3m▲
Income taxes67/77€41,789€115,754▲
Profit (loss) for the period9904€410,827€1.2m▲
Profit (loss) for the period to be appropriated9905€410,827€1.2m▲
Appropriation of the result
Profit (loss) to be appropriated9906€6.6m€7.3m▲
Profit (loss) brought forward from the previous period14P€6.2m€6.2m=
Transfer to equity691/2€410,827€1.2m▲
To other reserves6921€410,827€1.2m▲

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Turnover70€50,179€52,781----
Goods, raw materials, services and sundry goods60/61€23,001€19,505----
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€19,973€21,198€17,874€15,307€12,453▼ 18.6%
Other operating charges640/8€31,008€30,283€32,147€32,631€31,628▼ 3.1%
Gross operating margin9900€27,178€33,276€22,350€16,262-€12,352▼ 176%
Operating profit (loss)9901-€23,803-€18,205-€27,671-€31,676-€56,433▼ 78.2%
Financial income75/76B€186,531€497,869€377,653€438,052€1.4m▲ 213%
Recurring financial income75€186,531€497,869€377,653€438,052€1.4m▲ 213%
Financial charges65/66B-€104,236€193,401-€111,873-€46,240€41,267▲ 189%
Recurring financial charges65-€104,236€193,401-€111,873-€46,240€41,267▲ 189%
Profit (loss) for the period before taxes9903€266,964€286,263€461,855€452,617€1.3m▲ 181%
Income taxes67/77€24,269€26,024€41,987€41,789€115,754▲ 177%
Profit (loss) for the period9904€242,695€260,239€419,869€410,827€1.2m▲ 182%
Profit (loss) for the period to be appropriated9905€242,695€260,239€419,869€410,827€1.2m▲ 182%
Line20212022202320242025Change
Assets
Total assets20/58€7.8m€8.1m€8.5m€8.9m€10.0m▲ 13.1%
Fixed assets21/28€3.4m€3.4m€3.4m€3.4m€3.4m▼ 0.1%
Tangible fixed assets22/27€490,629€476,782€458,908€491,805€489,346▼ 0.5%
Land and buildings22€475,440€465,012€450,557€486,343€485,480▼ 0.2%
Plant, machinery and equipment23€15,189€11,770€8,352€5,462€3,866▼ 29.2%
Financial fixed assets28€3.0m€3.0m€3.0m€3.0m€3.0m=
Current assets29/58€4.4m€4.6m€5.1m€5.4m€6.6m▲ 21.5%
Amounts receivable within one year40/41€55,959€124,659€113,314€159,772€152,754▼ 4.4%
Trade receivables40-€225----
Other amounts receivable41€55,959€124,434€113,314€159,772€152,754▼ 4.4%
Current investments50/53€3.1m€3.0m€4.5m€5.1m€5.8m▲ 14.9%
Cash at bank and in hand54/58€1.2m€1.5m€467,008€176,597€589,087▲ 234%
Deferred charges and accrued income490/1€4,872€14,446€1,890€4,922€7,616▲ 54.7%
Equity and liabilities
Total equity and liabilities10/49€7.8m€8.1m€8.5m€8.9m€10.0m▲ 13.1%
Equity10/15--€8.5m€8.9m€10.0m▲ 13.1%
Contributions10/11€1.2m€1.2m€1.2m€1.2m€1.2m=
Capital10€1.2m€1.2m€1.2m€1.2m€1.2m=
Issued capital100€1.2m€1.2m€1.2m€1.2m€1.2m=
Reserves13€365,395€625,634€1.0m€1.5m€2.6m▲ 79.5%
Non-distributable reserves130/1€122,700€122,700€122,700€122,700€122,700=
Legal reserve130€122,700€122,700€122,700€122,700€122,700=
Distributable reserves133€242,695€502,934€922,803€1.3m€2.5m▲ 86.8%
Profit (loss) carried forward14€6.2m€6.2m€6.2m€6.2m€6.2m=
Amounts payable17/49€40,100€36,259€52,022€2,975€9,017▲ 203%
Amounts payable within one year42/48€32,643€29,433€44,470€2,975€9,017▲ 203%
Trade debts44€990€980€92€454€5,248▲ 1,057%
Suppliers440/4€990€980€92€454€5,248▲ 1,057%
Taxes, remuneration and social security45€24,270€26,024€41,987---
Taxes450/3€24,270€26,024€41,987---
Other amounts payable47/48€7,383€2,429€2,391€2,521€3,770▲ 49.5%
Accrued charges and deferred income492/3€7,457€6,826€7,552---
Line20212022202320242025Change
Profit (loss) for the period9904€242,695€260,239€419,869€410,827€1.2m▲ 182%
+ Depreciation and write-downs630€19,973€21,198€17,874€15,307€12,453▼ 18.6%
Operating cash flow (approximation)€262,668€281,437€437,743€426,135€1.2m▲ 175%
Investment in fixed assets (approximation)--€7,351-€0-€48,204-€9,994▲ 79.3%
Change in cash-€333,724-€1.0m-€290,411€412,489▲ 242%

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

Download as CSV

Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
29-05
NBB filing Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial Highest result since 2018net €1.2m ▲182%
Net result €1.2m, the highest in the series.
31-12
Financial Equity above €10mEq €10.0m ▲13.1%
8 profitable years in a row build equity to €10.0m.
27-05
NBB filing Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial Liquidity times 16current ratio 1823.43
Current ratio from 114.58 to 1823.43; short-term debt falls from €44,470 to €2,975.
26-06
NBB filing Annual accounts filed
fiscal year 2023 · full schema
2023
15-05
NBB filing Annual accounts filed
fiscal year 2022 · full schema
2022
13-05
NBB filing Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial Liquidity triplescurrent ratio 133.92
Current ratio from 39.18 to 133.92; short-term debt falls from €107,263 to €32,643.
10-05
NBB filing Annual accounts filed
fiscal year 2020 · full schema
2020
12-05
NBB filing Annual accounts filed
fiscal year 2019 · full schema
2019
08-05
NBB filing Annual accounts filed
fiscal year 2018 · full schema
2018
02-05
NBB filing Annual accounts filed
fiscal year 2017 · full schema
2017
04-05
NBB filing Annual accounts filed
fiscal year 2016 · full schema
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.

Have them read with priority Sign in to place this company at the front of the reading queue.

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, Sint-Pieters-Woluwe · 1 establishment unit since 1981
seat establishment The establishment unit on the map
Ground area
6,399 m²
Building footprint
505 m²
Volume, LiDAR
3,385 m³
2 parcels, Brussels · tallest building 10.0 m, ±2 floors. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
De Frélaan 255, 1180 Ukkel
Insurance, reinsurance and pension funding, except compulsory social security
since 19812.018.962.354
2 parcels
Brussels 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21612C0217/00G020 Brussels 5,113 m² 1 · 280 m² 10.0 m · 2 fl.
21682C0009/00P003 Brussels 1,287 m² 1 · 225 m² 9.2 m · 2 fl.
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Structure & network

Heads the group Brocsa 14 companies Group, risk and exposure

Owners and holdings

1 holding · 38 subsidiaries in the tree

Owners 0

The accounts to 31-12-2025 list no shareholders, and no other source names one.

Holdings 1

All subsidiaries, including indirect ones 38

Companies in which this company or one of its subsidiaries holds more than half, or which it consolidates according to the LEI register.

  • NV BEKAERT SA 100%37 subsidiaries
    • BBRG FINANCE (UK) Ltd.GB 100%
    • BECAREIE 100%
    • BEKAERT (SCHWEIZ) AGCH 100%
    • Bekaert Arabia LLCSA 100%
    • BEKAERT Bohumin s.r.o.CZ 100%
    • BEKAERT BRADFORD UK LtdGB 100%
    • BEKAERT COMBUSTION TECHNOLOGY B.V.NL 100%
    • BEKAERT FRANCE SASFR 100%
    • BEKAERT Gesellschaft m.b.H.AT 100%
    • BEKAERT GmbHDE 100%
    • BEKAERT HOLDING HONG KONG LimitedHK 100%
    • BEKAERT INDUSTRIES PVT LtdIN 100%
    • BEKAERT NEW MATERIALS TRADINGCN 100%
    • BEKAERT NORTH AMERICA MGT CORPUS 100%
    • BEKAERT PETROVICE s.r.o.CZ 100%
    • BEKAERT POLAND Sp. z o.o.PL 100%
    • BEKAERT PORTUGAL S.A.PT 100%
    • BEKAERT VIETNAM CO., LTDVN 100%
    • BEXCO 100%
    • BOSFA Pty LtdAU 100%
    • FALCONIX ENGINEERING GMBHDE 100%
    • Bekaert Coördinatiecentrum NV 99.99%
    • BEKAERT DO BRASIL LtdaBR 99.99%
    • Bekintex NV 99.99%
    • Scheldestroom NV 99.99%1 subsidiary
    • BEKAERT (THAILAND) CO.,LTD.TH 98%
    • BEKAERT IDEAL, S.L.ES 80%
    • BEKAERT TOKO METAL FIBER Co., LtdJP 70%
    • FLEXOFIBERS SPAIN, S.L.ES 50.96%
    • Becare Designated Activity CompanyIE consolidated
    • Bekaert CorporationUS consolidated
    • BEKAERT INDUSTRIES PRIVATE LIMITEDIN consolidated
    • 贝卡尔特沈阳精密钢制品有限公司CN consolidated
    • 贝卡尔特管理(上海)有限公司CN consolidated
    • 贝卡尔特(山东)钢帘线有限公司CN consolidated
    • 贝卡尔特(济宁)钢帘线有限公司CN consolidated

According to the 2025 annual accounts of Brocsa 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.

Recognitions · licences · registrations

Legal Entity Identifier

254900QP3D69394K6O27
live in the LEI register

Identification & contact

Identification
Legal formPublic limited company
Founded17-04-1981
Fiscal year end31-12
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

What can you do?

Try sending from your invoicing software; if that fails, ask the customer whether they already receive via Peppol.

If the customer is not ready yet, you may send the invoice another way, for example as a PDF; if electronically, with their agreement on a secure alternative. That invoice is valid; the customer risks a penalty. FPS Finance

Register as of 27 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.