BrossZee
ActiveSummary
BrossZee has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €747k and a net result of €389k. Equity is shrinking by ~6.1% per year across the filed fiscal years. Its solvency ranks better than 44% of 9234 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability71▲+20
Solvency51▲+13
Growth78▲+20
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €50k at 30 days acceptable
Liquidity ample (current ratio 13.01 against 0.08 in 2024; short-term debt: 0.3% and cash: 4.3% of total assets), but 74.5% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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
25.5%
Return on assets
13.3%
Age of the figures
15 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
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
19202122232425
2019 to 2025 · latest year €747k
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 25-11-2025, 67 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
67 d early
2024
3 d early
2023
23 d late
2022
20 d late
2021
22 d late
2020
on the day
2019
1 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close25-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€747k▲ 109%
2024 · €357k
2019: €665k
2020: €653k▼ -1.8% vs 2019
2021: €631k▼ -3.3% vs 2020
2022: €405k▼ -35.8% vs 2021
2023: €258k▼ -36.4% vs 2022lowest in 7 years
2024: €357k▲ +38.4% vs 2023
2025: €747k▲ +109% vs 2024highest in 7 years
2019 → 2025
Total assets
€2.93M▲ 3.7%
2024 · €2.82M
2019: €1.02M
2020: €986k▼ -2.9% vs 2019
2021: €947k▼ -4.0% vs 2020lowest in 7 years
2022: €3.20M▲ +238% vs 2021highest in 7 years
2023: €3.09M▼ -3.4% vs 2022
2024: €2.82M▼ -8.8% vs 2023
2025: €2.93M▲ +3.7% vs 2024
2019 → 2025
Net result
€389k▲ 293%
2024 · €99k
2019: €-7k
2020: €-12k▼ -70.8% vs 2019
2021: €-22k▼ -77.7% vs 2020
2022: €-226k▼ -935% vs 2021lowest in 7 years
2023: €-147k▲ +34.7% vs 2022
2024: €99k▲ +167% vs 2023
2025: €389k▲ +293% vs 2024highest in 7 years
2019 → 2025
Working capital
€117k
2024 · €-96k
2019: €31k
2020: €28k▼ -9.1% vs 2019
2021: €15k▼ -48.1% vs 2020
2022: €46k▲ +211% vs 2021
2023: €-7k▼ -115% vs 2022
2024: €-96k▼ -1339% vs 2023lowest in 7 years
2025: €117k▲ +222% vs 2024highest in 7 years
2019 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€631k-€405k▼ 35.8%€258k▼ 36.4%€357k▲ 38.4%€747k▲ 109%
2021: €631k
2022: €405k▼ -35.8% vs 2021
2023: €258k▼ -36.4% vs 2022lowest in 5 years
2024: €357k▲ +38.4% vs 2023
2025: €747k▲ +109% vs 2024highest in 5 years
Operating result€-18k-€-176k▼ 892%€-88k▲ 50.0%€293k€351k▲ 19.7%
2021: €-18k
2022: €-176k▼ -892% vs 2021lowest in 5 years
2023: €-88k▲ +50.0% vs 2022
2024: €293k▲ +433% vs 2023
2025: €351k▲ +19.7% vs 2024highest in 5 years
Net result€-22k-€-226k▼ 935%€-147k▲ 34.7%€99k€389k▲ 293%
2021: €-22k
2022: €-226k▼ -935% vs 2021lowest in 5 years
2023: €-147k▲ +34.7% vs 2022
2024: €99k▲ +167% vs 2023
2025: €389k▲ +293% vs 2024highest in 5 years
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 20% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.93M
Fixed assets
€2.80M ▼ 0.5%
Current assets
€127k ▲ 1,374%
Equity and liabilities €2.93M
Equity
€747k ▲ 109%
Provisions
€0 ▼ 100%
Debt
€2.18M ▼ 6.5%
Debt's share of the balance-sheet total falls from 82.6% to 74.5%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€413k▲
2024 · €359k
Cash flow
€452k▲
2024 · €165k
Current ratio
13.01▲
2024 · 0.08
Debt to equity
2.92▼
2024 · 6.53
ROE
52.2%▲
2024 · 27.8%
ROA
13.3%▲
2024 · 3.5%
Interest coverage
4.31▲
2024 · 3.38
Debt ≤ 1 year
€10k▼
2024 · €105k
Debt > 1 year
€2.14M▼
2024 · €2.23M
Income taxes
€357
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 51 lines
Balance sheet
Code20242025
Assets
Total assets20/58€2.82M€2.93M▲
Fixed assets21/28€2.81M€2.80M▼
Tangible fixed assets22/27€2.81M€2.80M▼
Land and buildings22€2.81M€2.80M▼
Furniture and vehicles24€304€0▼
Current assets29/58€9k€127k▲
Amounts receivable within one year40/41€937€0▼
Trade receivables40€709€0▼
Other amounts receivable41€228€0▼
Cash at bank and in hand54/58€8k€125k▲
Deferred charges and accrued income490/1-€2k
Equity and liabilities
Total equity and liabilities10/49€2.82M€2.93M▲
Equity10/15€357k€747k▲
Contributions10/11€747k€747k=
Capital10€747k€747k=
Issued capital100€747k€747k=
Reserves13€399k€0▼
Tax-exempt reserves132€399k€0▼
Profit (loss) carried forward14€-789k€-305▲
Provisions and deferred taxes16€133k€0▼
Deferred taxes168€133k€0▼
Amounts payable17/49€2.33M€2.18M▼
Amounts payable after more than one year17€2.23M€2.14M▼
Financial debts170/4€1.45M€1.42M▼
Other amounts payable178/9€776k€726k▼
Amounts payable within one year42/48€105k€10k▼
Current portion of amounts payable after more than one year42€0-
Trade debts44€5k€9k▲
Suppliers440/4€5k€9k▲
Taxes, remuneration and social security45-€501
Taxes450/3-€501
Other amounts payable47/48€100k€0▼
Accrued charges and deferred income492/3€358€27k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€66k€62k▼
Other operating charges640/8€6k€7k▲
Gross operating margin9900€366k€420k▲
Operating profit (loss)9901€293k€351k▲
Financial income75/76B€39€2k▲
Recurring financial income75€39€2k▲
Financial charges65/66B€106k€96k▼
Recurring financial charges65€106k€96k▼
Profit (loss) for the period before taxes9903€187k€257k▲
Transfer from deferred taxes780€6k€133k▲
Transfer to deferred taxes680€93k€0▼
Income taxes67/77-€357
Profit (loss) for the period9904€99k€389k▲
Transfer from tax-exempt reserves789€17k€399k▲
Transfer to tax-exempt reserves689€279k€0▼
Profit (loss) for the period to be appropriated9905€-163k€789k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-789k€-305▲
Profit (loss) brought forward from the previous period14P€-626k€-789k▼
The notes to these accounts (16 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €26k | €16k | €78k | €66k | €62k | ▼ 6.0% |
| Other operating charges640/8 | - | €312k | €3k | €6k | €7k | ▲ 2.2% |
| Gross operating margin9900 | €12k | €153k | €-7k | €366k | €420k | ▲ 14.8% |
| Operating profit (loss)9901 | €-18k | €-176k | €-88k | €293k | €351k | ▲ 19.7% |
| Financial income75/76B | - | - | €0 | €39 | €2k | ▲ 4,052% |
| Recurring financial income75 | - | - | €0 | €39 | €2k | ▲ 4,052% |
| Financial charges65/66B | - | €4k | €60k | €106k | €96k | ▼ 9.9% |
| Recurring financial charges65 | €4k | €4k | €60k | €106k | €96k | ▼ 9.9% |
| Profit (loss) for the period before taxes9903 | €-22k | €-180k | €-147k | €187k | €257k | ▲ 37.4% |
| Transfer from deferred taxes780 | - | - | - | €6k | €133k | ▲ 2,284% |
| Transfer to deferred taxes680 | - | €46k | €0 | €93k | €0 | ▼ 100% |
| Income taxes67/77 | - | - | - | - | €357 | - |
| Profit (loss) for the period9904 | €-22k | €-226k | €-147k | €99k | €389k | ▲ 293% |
| Transfer from tax-exempt reserves789 | - | - | - | €17k | €399k | ▲ 2,284% |
| Transfer to tax-exempt reserves689 | - | €137k | €0 | €279k | €0 | ▼ 100% |
| Profit (loss) for the period to be appropriated9905 | €-22k | €-362k | €-147k | €-163k | €789k | ▲ 582% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €947k | €3.20M | €3.09M | €2.82M | €2.93M | ▲ 3.7% |
| Fixed assets21/28 | €932k | €3.16M | €3.08M | €2.81M | €2.80M | ▼ 0.5% |
| Tangible fixed assets22/27 | €932k | €3.16M | €3.08M | €2.81M | €2.80M | ▼ 0.5% |
| Land and buildings22 | - | €3.16M | €3.08M | €2.81M | €2.80M | ▼ 0.5% |
| Furniture and vehicles24 | - | €913 | €609 | €304 | €0 | ▼ 100% |
| Current assets29/58 | €15k | €47k | €15k | €9k | €127k | ▲ 1,374% |
| Amounts receivable within one year40/41 | €5k | - | - | €937 | €0 | ▼ 100% |
| Trade receivables40 | - | - | - | €709 | €0 | ▼ 100% |
| Other amounts receivable41 | - | - | - | €228 | €0 | ▼ 100% |
| Cash at bank and in hand54/58 | €10k | €47k | €15k | €8k | €125k | ▲ 1,523% |
| Deferred charges and accrued income490/1 | - | - | - | - | €2k | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €947k | €3.20M | €3.09M | €2.82M | €2.93M | ▲ 3.7% |
| Equity10/15 | €631k | €405k | €258k | €357k | €747k | ▲ 109% |
| Contributions10/11 | €747k | €747k | €747k | €747k | €747k | = |
| Capital10 | - | €747k | €747k | €747k | €747k | = |
| Issued capital100 | - | €747k | €747k | €747k | €747k | = |
| Reserves13 | - | €137k | €137k | €399k | €0 | ▼ 100% |
| Tax-exempt reserves132 | - | €137k | €137k | €399k | €0 | ▼ 100% |
| Profit (loss) carried forward14 | €-116k | €-478k | €-626k | €-789k | €-305 | ▲ 100.0% |
| Provisions and deferred taxes16 | - | €46k | €46k | €133k | €0 | ▼ 100% |
| Deferred taxes168 | - | €46k | €46k | €133k | €0 | ▼ 100% |
| Amounts payable17/49 | €315k | €2.75M | €2.79M | €2.33M | €2.18M | ▼ 6.5% |
| Amounts payable after more than one year17 | €315k | €2.75M | €2.77M | €2.23M | €2.14M | ▼ 3.7% |
| Financial debts170/4 | - | €2.51M | €2.47M | €1.45M | €1.42M | ▼ 2.3% |
| Other amounts payable178/9 | - | €243k | €303k | €776k | €726k | ▼ 6.4% |
| Amounts payable within one year42/48 | €303 | €1k | €22k | €105k | €10k | ▼ 90.7% |
| Current portion of amounts payable after more than one year42 | - | - | €22k | €0 | - | - |
| Trade debts44 | €303 | €1k | €194 | €5k | €9k | ▲ 93.0% |
| Suppliers440/4 | - | €1k | €194 | €5k | €9k | ▲ 93.0% |
| Taxes, remuneration and social security45 | - | - | - | - | €501 | - |
| Taxes450/3 | - | - | - | - | €501 | - |
| Other amounts payable47/48 | - | - | - | €100k | €0 | ▼ 100% |
| Accrued charges and deferred income492/3 | - | - | - | €358 | €27k | ▲ 7,448% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-22k | €-226k | €-147k | €99k | €389k | ▲ 293% |
| + Depreciation and write-downs630 | €26k | €16k | €78k | €66k | €62k | ▼ 6.0% |
| Operating cash flow (approximation) | €4k | €-209k | €-69k | €165k | €452k | ▲ 173% |
| Investment in fixed assets (approximation) | - | €-2.24M | €0 | €200k | €-49k | ▼ 124% |
| Change in cash | - | €37k | €-31k | €-8k | €117k | ▲ 1,617% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2025
25-11
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
30-06
Financial
Highest result since 2019net €389k ▲293%
Operating result €351k, net result €389k, both a record.
30-06
Financial
Liquidity times 158current ratio 13.01
Current ratio from 0.08 to 13.01; short-term debt falls from €105k to €10k.
30-06
Financial
Equity above €500kEq €747k ▲109%
2 profitable years in a row build equity to €747k.
28-01
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
30-06
Financial
Back to profitnet €99k
Net result €99k after 5 loss-making years.
23-02
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 23 days late
2023
20-02
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 20 days late
2022
30-06
Financial
Weakest financial yearnet €-226k
Net result drops to €-226k, the lowest in the series; recovery starts the following year.
22-02
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 22 days late
2021
31-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-06
Financial
Liquidity quadruplescurrent ratio 283.56
Current ratio from 70.16 to 283.56; short-term debt falls from €449 to €100.
Show earlier events
30-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
22-02
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 22 days late
2017
21-02
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.
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.
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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, Knokke-Heist · 1 establishment unit since 2017
Ground area
3,619 m²
Building footprint
3,148 m²
Volume, LiDAR
70,079 m³
Parcel 31013A0767/00G000, Flanders · tallest building 43.4 m, ±7 floors. Linked by address, not a title deed.
1 establishment unit
BrossZee
since 20172.381.185.989
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31013A0767/00G000 | Flanders | 3,619 m² | 1 · 3,148 m² | 43.4 m · 7 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 12,020 companies in sector 68203 we hold annual accounts for 5,986. 4,278 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded09-10-2014
Fiscal year end30-06
Activities, NACEBEL 2025
68203Renting and operating of own or leased non-residential real estate, excluding land
68201Renting and operating of own or leased residential real estate, excluding social housing
Scores and ratios are computed by Checked and are not a credit decision.