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BRODEO

Active
Private limited companyfounded 199629 yrs activeAvenue Zénobe Gramme 30, 1300 Wavre, BelgiumKBO/BCE: BE 0459.355.574
Summary

BRODEO has been active since 1996 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€479,007) and a net result of -€19,233. Equity is shrinking by ~9.4% per year across the filed fiscal years. Its solvency ranks better than 5% of 7814 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).

Checked score

Score 2025
Axes · tick = 2024
Profitability7▲+7
Solvency0=
Growth58▲+26
Track record100
Bankruptcy probability, 12 months
0.5% Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.25 against 0.26 in 2024; short-term debt: 340.6% and cash: 1.9% 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
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 2025
Solvency, return and age of the figures
Solvency
-240.6%
Return on assets
-9.7%
Age of the figures
16 mo
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 82
Relative position
BE, all sectors
reference
Office administrative, office support and other business support activities (NACE 82)
about 37% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
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 29 years 0 30 y
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
19202122232425
2019 to 2025 · latest year -€479,007
neutral · Latest accounts filed on time
The financial year that closed on 31-05-2025 was due by 31-12-2025 and was filed on 16-10-2025, 76 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
76 d early
2024
78 d early
2023
54 d early
2022
92 d early
2021
67 d early
2020
43 d early
2019
57 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 67 days before the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 35% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-05-2026 and is due by 31-12-2026. Nothing is late today.
Companies Code · seven months
Position in the running window
31-05-2026 close27-09-2026 today31-12-2026 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

BRODEO was incorporated on 11 December 1996.1 Total assets went from EUR 185,343 in 2019 to EUR 199,117 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2019 and 2025

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Financials · fiscal year 2025, micro schema

Equity
-€479,007▼ 4.2%
2024 · -€459,774
Total assets
€199,117▲ 1.3%
2024 · €196,486
Net result
-€19,233▲ 77.4%
2024 · -€85,120
Working capital
-€510,811▼ 5.0%
2024 · -€486,687
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 82, Office administrative, office support and other business support activities, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Operating result-€51,139▼ 234%€15,207-€33,970-€84,595▼ 149%-€18,670▲ 77.9%
Net result-€51,486below the sector's middle half▼ 238%€14,727within the sector's middle half-€34,529below the sector's middle half-€85,120below the sector's middle half▼ 147%-€19,233below the sector's middle half▲ 77.4%
Equity-€354,852below the sector's middle half▼ 17.0%-€340,124below the sector's middle half▲ 4.2%-€374,654below the sector's middle half▼ 10.2%-€459,774below the sector's middle half▼ 22.7%-€479,007below the sector's middle half▼ 4.2%
Total assets€172,418within the sector's middle half▼ 14.0%€192,698within the sector's middle half▲ 11.8%€180,619within the sector's middle half▼ 6.3%€196,486within the sector's middle half▲ 8.8%€199,117within the sector's middle half▲ 1.3%
Debt€527,270▲ 4.7%€532,823▲ 1.1%€555,273▲ 4.2%€656,259▲ 18.2%€678,123▲ 3.3%
Working capital-€402,564▼ 8.2%-€369,613▲ 8.2%-€391,454▼ 5.9%-€486,687▼ 24.3%-€510,811▼ 5.0%
Solvency-205.8%below the sector's middle half▼ 54.5pp-176.5%below the sector's middle half▲ 29.3pp-207.4%below the sector's middle half▼ 30.9pp-234.0%below the sector's middle half▼ 26.6pp-240.6%below the sector's middle half▼ 6.6pp
above within below the middle half (P25 to P75) of NACE 82, Office administrative, office support and other business support activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€100,000-€50,000€0Operating result 2021: -€51,139-€51,139Net result 2021: -€51,486-€51,486Operating result 2022: €15,207€15,207Net result 2022: €14,727€14,727Operating result 2023: -€33,970-€33,970Net result 2023: -€34,529-€34,529Operating result 2024: -€84,595-€84,595Net result 2024: -€85,120-€85,120Operating result 2025: -€18,670-€18,670Net result 2025: -€19,233-€19,23320212022202320242025-€100,000-€75,000-€50,000-€25,000€0Operating result 2023: -€33,970-€34,000Net result 2023: -€34,529-€34,500Operating result 2024: -€84,595-€84,600Net result 2024: -€85,120-€85,100Operating result 2025: -€18,670-€18,700Net result 2025: -€19,233-€19,200202320242025
The operating result stays negative: a loss of €18,670 in 2025 against €84,595 in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €199,117
Fixed assets €31,805 ▲ 18.2%
Current assets €167,312 ▼ 1.3%
Key figures and ratios
2025 value · change against 2024
EBITDA
-€12,324▲
2024 · -€69,576
Cash flow
-€12,887▲
2024 · -€70,102
Current ratio
0.25▼
2024 · 0.26
Debt to equity
-1.42▲
2024 · -1.43
ROA
-9.7%▲
2024 · -43.3%
Interest coverage
-21.89▲
2024 · -132.45
Debt ≤ 1 year
€678,123▲
2024 · €656,259
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 2,798 companies that looked in July 2024 the way this one looks now, 1.9% went bankrupt within 24 months and 90% are still going.

  • Micro
  • 20 years or older
  • negative equity
  • a small loss
1.9% went bankrupt
6.0% stopped otherwise
90% still going

A further 2.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.5% 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 497,058 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 2,798 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 · 33 lines
Balance sheet Code20242025
Assets
Total assets20/58€196,486€199,117▲
Fixed assets21/28€26,913€31,805▲
Tangible fixed assets22/27€25,913€30,805▲
Plant, machinery and equipment23€8,767€7,018▼
Furniture and vehicles24€17,146€23,786▲
Financial fixed assets28€1,000€1,000=
Current assets29/58€169,573€167,312▼
Amounts receivable within one year40/41€155,136€163,533▲
Trade receivables40€146€481▲
Other amounts receivable41€154,990€163,052▲
Cash at bank and in hand54/58€14,437€3,779▼
Equity and liabilities
Total equity and liabilities10/49€196,486€199,117▲
Equity10/15-€459,774-€479,007▼
Contributions10/11€18,600€18,600=
Outside capital11€18,600€18,600=
Other1109/19€18,600€18,600=
Profit (loss) carried forward14-€478,374-€497,607▼
Amounts payable17/49€656,259€678,123▲
Amounts payable within one year42/48€656,259€678,123▲
Trade debts44€3,114€958▼
Suppliers440/4€3,114€958▼
Other amounts payable47/48€653,145€677,166▲
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€15,018€6,347▼
Other operating charges640/8€2,719€2,493▼
Gross operating margin9900-€66,857-€9,830▲
Operating profit (loss)9901-€84,595-€18,670▲
Financial charges65/66B€525€563▲
Recurring financial charges65€525€563▲
Profit (loss) for the period before taxes9903-€85,120-€19,233▲
Profit (loss) for the period9904-€85,120-€19,233▲
Profit (loss) for the period to be appropriated9905-€85,120-€19,233▲
Appropriation of the result
Profit (loss) to be appropriated9906-€478,374-€497,607▼
Profit (loss) brought forward from the previous period14P-€393,254-€478,374▼

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

Line20212022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€23,735€18,224€15,794€15,018€6,347▼ 57.7%
Other operating charges640/8-€2,720€3,044€2,719€2,493▼ 8.3%
Gross operating margin9900-€23,521€36,150-€15,133-€66,857-€9,830▲ 85.3%
Operating profit (loss)9901-€51,139€15,207-€33,970-€84,595-€18,670▲ 77.9%
Financial charges65/66B-€479€559€525€563▲ 7.2%
Recurring financial charges65€347€479€559€525€563▲ 7.2%
Profit (loss) for the period before taxes9903-€51,486€14,727-€34,529-€85,120-€19,233▲ 77.4%
Profit (loss) for the period9904-€51,486€14,727-€34,529-€85,120-€19,233▲ 77.4%
Profit (loss) for the period to be appropriated9905-€51,486€14,727-€34,529-€85,120-€19,233▲ 77.4%
Line20212022202320242025Change
Assets
Total assets20/58€172,418€192,698€180,619€196,486€199,117▲ 1.3%
Fixed assets21/28€47,712€29,488€16,800€26,913€31,805▲ 18.2%
Tangible fixed assets22/27€46,712€28,488€15,800€25,913€30,805▲ 18.9%
Plant, machinery and equipment23-€1,325€4,022€8,767€7,018▼ 19.9%
Furniture and vehicles24-€25,289€10,841€17,146€23,786▲ 38.7%
Other tangible fixed assets26-€1,874€937---
Financial fixed assets28€1,000€1,000€1,000€1,000€1,000=
Current assets29/58€124,706€163,210€163,818€169,573€167,312▼ 1.3%
Amounts receivable within one year40/41€123,611€129,836€142,813€155,136€163,533▲ 5.4%
Trade receivables40--€5,142€146€481▲ 229%
Other amounts receivable41-€129,836€137,671€154,990€163,052▲ 5.2%
Cash at bank and in hand54/58€1,095€33,374€21,005€14,437€3,779▼ 73.8%
Equity and liabilities
Total equity and liabilities10/49€172,418€192,698€180,619€196,486€199,117▲ 1.3%
Equity10/15-€354,852-€340,124-€374,654-€459,774-€479,007▼ 4.2%
Contributions10/11€18,600€18,600€18,600€18,600€18,600=
Outside capital11-€18,600€18,600€18,600€18,600=
Other1109/19-€18,600€18,600€18,600€18,600=
Profit (loss) carried forward14-€373,452-€358,724-€393,254-€478,374-€497,607▼ 4.0%
Amounts payable17/49€527,270€532,823€555,273€656,259€678,123▲ 3.3%
Amounts payable within one year42/48€527,270€532,823€555,273€656,259€678,123▲ 3.3%
Trade debts44€23,087€1,365€1,374€3,114€958▼ 69.2%
Suppliers440/4-€1,365€1,374€3,114€958▼ 69.2%
Other amounts payable47/48-€531,457€553,899€653,145€677,166▲ 3.7%
Line20212022202320242025Change
Profit (loss) for the period9904-€51,486€14,727-€34,529-€85,120-€19,233▲ 77.4%
+ Depreciation and write-downs630€23,735€18,224€15,794€15,018€6,347▼ 57.7%
Operating cash flow (approximation)-€27,751€32,952-€18,736-€70,102-€12,887▲ 81.6%
Investment in fixed assets (approximation)-€0-€3,106-€25,131-€11,238▲ 55.3%
Change in cash-€32,280-€12,369-€6,569-€10,658▼ 62.3%

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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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-12-2026
2025
16-10
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2024
14-10
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
31-05
Financial Weakest financial yearnet -€85,120
Net result drops to -€85,120, the lowest in the series; recovery starts the following year.
2023
07-11
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2022
30-09
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
31-05
Financial Back to profitnet €14,727
Net result €14,727 after 3 loss-making years.
2021
25-10
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2020
18-11
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2019
04-11
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2018
17-10
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2017
04-12
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2016
16-11
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 3 acts read
About the unread acts

We know of 3 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
3 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, Wavre · 1 establishment unit since 1996
seat establishment The establishment unit on the map
Ground area
3,051 m²
Building footprint
1,418 m²
Volume, LiDAR
17,235 m³
2 parcels, Brussels, Wallonia · tallest building 22.1 m, ±6 floors. Linked by address, not a title deed.
33 companies at this address See who is registered here
1 establishment unit
BRODEO
Roger Vandendriesschelaan 18, 1150 Sint-Pieters-WoluweAir transport
since 19962.079.482.832
2 parcels
Wallonia 1 (50%) Brussels 1 (50%)
Parcel (capakey) Region Area Buildings Height / fl.
25006A0145/00B002 Wallonia 1,848 m² 1 · 714 m² 7.2 m · 2 fl.
21019A0188/00Z006 Brussels 1,204 m² 1 · 704 m² 22.1 m · 6 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.

Similar companies · same sector and region

This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 11,218 companies in sector 82100 we hold annual accounts for 3,509. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded11-12-1996
Fiscal year end31-05
Activities, NACEBEL 2025
82100Office administrative and support services
E-invoicing
Reachable via Peppol
Peppol ID 0208:0459355574
Registered 22-10-2025

Register as of 27 September 2026 · Peppol Directory

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