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BROLAB

Active
Private limited companyfounded 2024active for 2 yearsHelmsteeg 35, 3583 Beringen, BelgiumKBO/BCE: BE 1007.343.119

Financials · financial year 2025, micro format

Annual accounts 2025 filed on 08-06-2026 PDF

Turnover
≈ €290,000
Estimated: probably between €250,000 and €360,000
Total assets
€47,760
Net result
-€7,216
Working capital
-€34,854

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

Balance-sheet composition
Assets €46,847
Fixed assets €28,225
Current assets €18,622
Equity and liabilities
Equity-€5,716
Debt€53,476
Equity is negative. Debt (€53,476) exceeds the balance-sheet total (€47,760).
Key figures and ratios
2025 value
EBITDA
€7,996
Cash flow
€4,576
Solvency
-12.0%
Current ratio
0.35
ROA
-15.1%
Interest coverage
2.34
Debt
€53,476
Debt ≤ 1 year
€53,476
Staff costs
€100,745
Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.

Staff

social balance sheet
Item31-12-2025
Average over the year, in full-time equivalents2.4
Joined216
Left216

Source: social balance sheet in the 2025 annual accounts

Investments

fixed assets acquired
Item2025
Tangible fixed assets€35,990
Intangible fixed assets€2,450
Financial fixed assets€250
Depreciation and write-downs of the year€11,792

Source: notes to the 2025 annual accounts (statement of fixed assets)

Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 37 lines
Balance sheet Code2025
Assets
Total assets20/58€47,760
Formation expenses20€913
Fixed assets21/28€28,225
Intangible fixed assets21€1,711
Tangible fixed assets22/27€26,264
Plant, machinery and equipment23€19,774
Furniture and vehicles24€3,671
Other tangible fixed assets26€2,819
Financial fixed assets28€250
Current assets29/58€18,622
Amounts receivable within one year40/41€13,948
Trade receivables40€11,747
Other amounts receivable41€2,201
Cash at bank and in hand54/58€4,675
Equity and liabilities
Total equity and liabilities10/49€47,760
Equity10/15-€5,716
Contributions10/11€1,500
Profit (loss) carried forward14-€7,216
Amounts payable17/49€53,476
Amounts payable within one year42/48€53,476
Current portion of amounts payable after more than one year42€4,352
Trade debts44€11,624
Suppliers440/4€11,624
Other amounts payable47/48€37,500
Income statement Code2025
Remuneration, social security and pensions62€100,745
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11,792
Other operating charges640/8€376
Gross operating margin9900€109,117
Operating profit (loss)9901-€3,796
Financial income75/76B€0
Recurring financial income75€0
Financial charges65/66B€3,420
Recurring financial charges65€3,420
Profit (loss) for the period before taxes9903-€7,216
Profit (loss) for the period9904-€7,216
Profit (loss) for the period to be appropriated9905-€7,216
Appropriation of the result
Profit (loss) to be appropriated9906-€7,216

The notes to these accounts have 11 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).

Source: Annual accounts 2025 (PDF), filed on 08-06-2026.

Line2025
Remuneration, social security and pensions62€100,745
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11,792
Other operating charges640/8€376
Gross operating margin9900€109,117
Operating profit (loss)9901-€3,796
Financial income75/76B€0
Recurring financial income75€0
Financial charges65/66B€3,420
Recurring financial charges65€3,420
Profit (loss) for the period before taxes9903-€7,216
Profit (loss) for the period9904-€7,216
Profit (loss) for the period to be appropriated9905-€7,216
Line2025
Assets
Total assets20/58€47,760
Formation expenses20€913
Fixed assets21/28€28,225
Intangible fixed assets21€1,711
Tangible fixed assets22/27€26,264
Plant, machinery and equipment23€19,774
Furniture and vehicles24€3,671
Other tangible fixed assets26€2,819
Financial fixed assets28€250
Current assets29/58€18,622
Amounts receivable within one year40/41€13,948
Trade receivables40€11,747
Other amounts receivable41€2,201
Cash at bank and in hand54/58€4,675
Equity and liabilities
Total equity and liabilities10/49€47,760
Equity10/15-€5,716
Contributions10/11€1,500
Profit (loss) carried forward14-€7,216
Amounts payable17/49€53,476
Amounts payable within one year42/48€53,476
Current portion of amounts payable after more than one year42€4,352
Trade debts44€11,624
Suppliers440/4€11,624
Other amounts payable47/48€37,500
Line2025
Profit (loss) for the period9904-€7,216
+ Depreciation and write-downs630€11,792
Operating cash flow (approximation)€4,576

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

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Historical observation

In July 2024, 490 companies had the same profile as BROLAB has now. Two years later, 88.8% were still going and 6.7% had gone bankrupt.

  • Small
  • 2 to 5 years old
  • negative equity
  • a loss of 10% of the balance sheet or more
88.8% was still going
3.9% stopped otherwise
6.7% went bankrupt

Another 0.6% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of BROLAB itself: 4.9% within 12 months.

Test of the method

The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the 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%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 490 companies, not a prediction for BROLAB. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Filings with the National Bank (1)
Financial year Type Filed Reference Document
31-12-2025 micro format 08-06-2026 2026-00142838 PDF

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