BROES INGREDIENTS
ActiveBROES INGREDIENTS has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3.67M and a net result of €389k. Equity is growing by ~24.1% per year across the filed fiscal years. Its solvency ranks better than 57% of 4860 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
68
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability47▼-32
Solvency76▼-20
Growth78=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €240k at 30 days acceptable
Liquidity ample (current ratio 3.15 against 3.12 in 2024; short-term debt: 25.4% and cash: 6.2% of total assets), and 48.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
51.4%
Return on assets
5.4%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
31 d late
2024
on the day
2023
1 d late
2022
71 d late
2021
61 d early
2020
19 d late
2019
52 d early
← before the deadline
after the deadline →
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
21-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Source amounts without an identifiable currency are assumed to be EUR.
Turnover
€10.63M
EBIT margin
13.5%
Net result
€389k▼ 39.8%
2024 · €646k
2018: €329k
2019: €375k
2020: €489k
2021: €1.99M
2022: €1.42M
2023: €1.19M
2024: €646k
2018 → 2025
Working capital
€3.90M▼ 14.7%
2024 · €4.57M
2018: €724k
2019: €1.04M
2020: €1.33M
2021: €2.46M
2022: €3.39M
2023: €4.09M
2024: €4.57M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€10.63M
Equity€3.12M-€4.24M▲ 36.1%€5.14M▲ 21.0%€5.78M▲ 12.6%€3.67M▼ 36.5%
Operating result€2.62M-€1.90M▼ 27.4%€1.44M▼ 24.4%€453k▼ 68.5%€286k▼ 36.9%
Net result€1.99M-€1.42M▼ 28.3%€1.19M▼ 16.2%€646k▼ 45.9%€389k▼ 39.8%
Result per fiscal year
Operating resultNet result
The operating result has fallen four years in a row; 2025 is 37% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €7.15M
Fixed assets
€1.43M▲ 0.7%
Current assets
€5.72M▼ 15.1%
Equity and liabilities €7.15M
Equity
€3.67M▼ 36.5%
Debt
€3.48M▲ 46.6%
The debt ratio rises from 29.1% to 48.6%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€349k▼
2024 · €504k
Cash flow
€452k▼
2024 · €697k
Solvency
51.4%▼
2024 · 70.9%
Current ratio
3.15▲
2024 · 3.12
Quick ratio
1.77▲
2024 · 1.64
Debt / equity
0.95▲
2024 · 0.41
ROE
10.6%▼
2024 · 11.2%
ROA
5.4%▼
2024 · 7.9%
Interest coverage
2.56▼
2024 · 8.22
Debt
€3.48M▲
2024 · €2.37M
Debt ≤ 1 year
€1.82M▼
2024 · €2.16M
Debt > 1 year
€1.64M▲
2024 · €193k
Income taxes
€95k▲
2024 · €66k
Staff costs
€325k▲
2024 · €322k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€8.15M€7.15M▼
Fixed assets21/28€1.42M€1.43M▲
Tangible fixed assets22/27€271k€282k▲
Land and buildings22€189k€162k▼
Plant, machinery and equipment23-€12k
Furniture and vehicles24€83k€109k▲
Financial fixed assets28€1.15M€1.15M=
Current assets29/58€6.73M€5.72M▼
Stocks and contracts in progress3€3.19M€2.50M▼
Stocks30/36€3.19M€2.50M▼
Amounts receivable within one year40/41€1.87M€2.36M▲
Trade receivables40€1.69M€2.04M▲
Other amounts receivable41€177k€323k▲
Cash at bank and in hand54/58€1.54M€440k▼
Deferred charges and accrued income490/1€131k€412k▲
Equity and liabilities
Total equity and liabilities10/49€8.15M€7.15M▼
Equity10/15€5.78M€3.67M▼
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€5.72M€3.61M▼
Non-distributable reserves130/1€20k€20k=
Legal reserve130€20k€20k=
Tax-exempt reserves132€1.42M€1.54M▲
Distributable reserves133€4.28M€2.05M▼
Profit (loss) carried forward14€0€0=
Amounts payable17/49€2.37M€3.48M▲
Amounts payable after more than one year17€193k€1.64M▲
Financial debts170/4€193k€1.64M▲
Amounts payable within one year42/48€2.16M€1.82M▼
Current portion of amounts payable after more than one year42€205k€464k▲
Trade debts44€1.44M€1.01M▼
Suppliers440/4€1.44M€1.01M▼
Taxes, remuneration and social security45€26k€23k▼
Taxes450/3€19k€17k▼
Remuneration and social security454/9€7k€6k▼
Other amounts payable47/48€492k€317k▼
Accrued charges and deferred income492/3€19k€22k▲
Income statement
Code20242025
Remuneration, social security and pensions62€322k€325k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€51k€63k▲
Other operating charges640/8€10k€12k▲
Non-recurring operating charges66A€48k€0▼
Gross operating margin9900€884k€686k▼
Operating profit (loss)9901€453k€286k▼
Financial income75/76B€320k€333k▲
Recurring financial income75€320k€333k▲
Financial charges65/66B€61k€136k▲
Recurring financial charges65€61k€136k▲
Profit (loss) for the period before taxes9903€712k€483k▼
Income taxes67/77€66k€95k▲
Profit (loss) for the period9904€646k€389k▼
Transfer from tax-exempt reserves789€632k€0▼
Transfer to tax-exempt reserves689€161k€116k▼
Profit (loss) for the period to be appropriated9905€1.12M€273k▼
Appropriation of the result
Profit (loss) to be appropriated9906€1.12M€273k▼
Transfer from equity791/2-€2.50M
Transfer to equity691/2€1.12M€273k▼
To other reserves6921€1.12M€273k▼
Profit to be distributed694/7€0€2.50M▲
Return on contributions (dividend)694-€2.50M
Directors or managers695€0-
Social balance
Average headcount (FTE)90874.33.9▼
The notes to these accounts (19 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · full schema · 31 days late
2025
31-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
01-08
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 1 day late
2023
31-12
Financial
Equity above €5MEq €5.14M ▲21%
6 profitable years in a row build equity to €5.14M.
10-10
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 71 days late
2022
31-05
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Highest result since 2018net €1.99M ▲306%
Operating result €2.62M, net result €1.99M, both a record.
31-12
Financial
Equity above €2MEq €3.12M ▲118%
4 profitable years in a row build equity to €3.12M.
19-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 19 days late
2020
09-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Equity above €1MEq €1.14M ▲23.2%
2 profitable years in a row build equity to €1.14M.
23-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 23 days late
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 30 days late
2017
21-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 21 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
12 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, Antwerpen · 1 establishment unit since 2007
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Rijnkaai 232000 AntwerpenGround area
557 m²
Building footprint
304 m²
Volume, LiDAR
5,545 m³
Parcel 11807G0126/02Y018, Flanders · tallest building 25.3 m, ±7 floors. Linked by address, not a title deed.
1 establishment unit
BROES Ingredients
since 20072.166.518.457
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11807G0126/02Y018 | Flanders | 557 m² | 1 · 304 m² | 25.3 m · 7 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 · 1 entry · 2,250 EUR awarded · 2,250 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 1 | 2,250 EUR | 2,250 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Food safety, FASFC
1 siteAntwerpen2.166.518.457
Similar companies · same sector, comparable size
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BorgInsole
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KRYCER
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Ternat · Eq €3.57M
Of 1,565 companies in sector 46900 we hold annual accounts for 920. 420 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded20-11-2007
Fiscal year end31-12
Activities, NACEBEL
46389Wholesale of other food products
46900Non-specialised wholesale trade
51900
46392Non-specialised wholesale
51384
51392
Sources
Crossroads Bank for EnterprisesNational Bank · 18 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryPhone:0497/18.19.54