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BroerBroer

Active
Private limited companyfounded 201115 yrs activeJenny Montignylaan 10, 9831 Sint-Martens-Latem, BelgiumKBO/BCE: BE 0837.448.708
Summary

The computed 12-month bankruptcy probability of BroerBroer is 2.6% (moderate). The 2024 annual accounts show negative equity (-€410,419) and a net result of -€101,688. Equity is shrinking by ~14.8% per year across the filed fiscal years. Its solvency ranks better than 5% of 9085 sector peers (fiscal year 2024). The company has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals.

Overview

Activity
Wholesale of pharmaceutical and medical goods
NACE 46460
1 site
Size
€116,345total assets 2024
Equity
-€410,419
Loss
-€101,688
Turnover not published (abridged schema)
Financial health
49 Fair Checked score 2024
Bankruptcy chance 12 m
2.6%
Structure
Accounts 63 d overdue0 of 5 deeds read
Why 49- Loss of €101,688, the second in a row (FY 2024)- Figures for FY 2024 (filed 23-07-2025)+ Size: total assets €116,345+ Founded in 2011Show the evidence

Checked score

Score 2024
49 / 100
Fair
Probability in this band: 1.5% to 4.2%
Better than 9% of its sector peers (NACE 46, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2023
Weak
Solvency 0=
equity -352.8% of total assets
Liquidity 11+4
short-term debt 326.3% · cash 9.0%
Profitability 0=
return on assets -87.4%
Bankruptcy probability, 12 months
2.6% Moderate
0%0.5%1.5%4%10%≥ 25%

About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (26,765 companies)
Last 9 months 02-2026: 1.7% 03-2026: 1.6%▼ -3.6% vs 02-2026 04-2026: 1.6%● 0.0% vs 03-2026 05-2026: 1.6%▼ -3.2% vs 04-2026 06-2026: 1.5%▼ -3.2% vs 05-2026lowest value 07-2026: 1.6%▲ +5.5% vs 06-2026 08-2026: 2.2%▲ +34.8% vs 07-2026 09-2026: 2.3%▲ +5.3% vs 08-2026 10-2026: 2.6%▲ +11.7% vs 09-2026highest value
  • Size: total assets €116,345 lowers the probability for this profile
  • Loss of €101,688, the second in a row (FY 2024) raises the probability
  • Figures for FY 2024 (filed 23-07-2025) raises the probability
  • Founded in 2011 lowers the probability for this profile
No credit on open account
Liquidity short (current ratio 0.21 against 0.42 in 2023; short-term debt: 326.3% and cash: 9% of total assets), and equity is negative.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 46, micro). Better than this share of them on solvency 6%, liquidity 12%, profitability 6%, growth against the median 14%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 02-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

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Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Size: total assets €116,345
In the bankruptcy model this factor lowers the probability for this profile.
NBB · annual accounts
raises risk · Loss of €101,688, the second in a row (FY 2024)
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
raises risk · Figures for FY 2024 (filed 23-07-2025)
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
lowers risk · Founded in 2011
In the bankruptcy model this factor lowers the probability for this profile.
KBO
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024
Equity per financial year
18192021222324
2018 to 2024 · latest year -€410,419
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 23-07-2025, 8 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
8 d early
2023
21 d late
2022
16 d late
2021
29 d late
2020
31 d late
2019
91 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 30 days after the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.

Checked, nothing found (1)
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
  1. Annual accounts filedfiscal year 2024 · abbreviated…
  2. Weakest financial yearnet -€101,688
  3. Annual accounts filedfiscal year 2023 · abbreviated…

Key points

  • Risk: Negative equityfiscal year 2024: debts exceed assets -€410,419 View
  • Risk: 7 loss-making years in a rowloss fiscal year 2024 -€101,688 View
  • Caution: Among the weakest 5% on solvencysector median 44.1% · 9,085 companies -352.8% View
  • Caution: Accounts not fileddeadline was 31-07-2026 63 d late View
  • Caution: Equity fell in 2024from -€308,731 to -€410,419 ▼ 32.9% View

By topic

Financials

Fiscal year
2024
Total assets
€116,345
Loss
-€101,688
Solvency
-352.8%
Total assets▼ 41.8%
Net result
20182024
Go to Financials

Timeline

Events
11
Since
2016
  1. 23-07-2025Annual accounts filed
  2. 31-12-2024Weakest financial year
  3. 21-08-2024Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Wholesale of pharmaceutical and medical goodsNACE 46460
Founded
29-06-2011
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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