BROTHERS

Active

Private limited companyfounded 20224 yrs activeMarkt 52, 9700 Oudenaarde, BelgiumKBO/BCE: BE 0786.724.339

The computed 12-month bankruptcy probability of BROTHERS is 4.0% (moderate). The 2024 annual accounts show equity of €111k and a net result of €103k. Its solvency ranks better than 81% of 18939 sector peers (fiscal year 2024). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.

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Checked score

Score 2024

74 / 100

Healthy

The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2023

Profitability100▲+16

Solvency91▲+42

Growth78

Track record94

Bankruptcy probability, 12 months

4.0% Moderate

0%0.5%1.5%4%10%≥ 25%

Credit up to €8k at 30 days acceptable

Liquidity ample (current ratio 2.59 against 1.07 in 2023; short-term debt: 34.4% and cash: 88.4% of total assets), and 34.4% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Four signals. The signal on the left, the evidence on the right.

+raises risk○neutral

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 56

Relative position

BE, all sectors

reference

Sector 56

higher

← fewer bankruptcies more bankruptcies →

Limited track record

This company has not been active as long as an established one and statistically fails somewhat more often.

KBO · incorporation date

Age against the risk zone

Filed after the deadline

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 28-08-2025, 28 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 · 2 filings

Deviation from the deadline

2025

not confirmed

2024

28 d late

2023

30 d late

← before the deadline after the deadline →

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

Financials · fiscal year 2024, micro schema

Equity

€111k▲ 1,265%

2023 · €8k

2023: €8k

2023 → 2024

Total assets

€169k▲ 403%

2023 · €34k

2023: €34k

2023 → 2024

Net result

€103k▲ 2,395%

2023 · €4k

2023: €4k

2023 → 2024

Working capital

€93k▲ 5,074%

2023 · €2k

2023: €2k

2023 → 2024

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20232024Trend

Equity€8k-€111k▲ 1,265%

Operating result€7k-€132k▲ 1,688%

Net result€4k-€103k▲ 2,395%

Turnover and EBIT margin not published: the micro schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result rises in 2024; 2024 is 1,688% above 2023.

Balance-sheet composition

2024 in colour, 2023 as the grey bar beneath

Assets €169k

11%

89.3%

Fixed assets €18k▲ 185%

Current assets €151k▲ 453%

Equity and liabilities €169k

65.6%

34.4%

Equity €111k▲ 1,265%

Debt €58k▲ 128%

The debt ratio falls from 75.9% to 34.4%. Equity and debt are higher.

Key figures and ratios

2024 value · change against 2023

EBITDA

€133k▲

2023 · €11k

Cash flow

€104k▲

2023 · €8k

Solvency

65.6%▲

2023 · 24.1%

Current ratio

2.59▲

2023 · 1.07

Quick ratio

2.57▲

2023 · 0.90

Debt / equity

0.53▼

2023 · 3.14

ROE

92.7%▲

2023 · 50.7%

ROA

60.8%▲

2023 · 12.2%

Interest coverage

136.21▲

2023 · 7.96

Debt

€58k▲

2023 · €25k

Debt ≤ 1 year

€58k▲

2023 · €25k

Income taxes

€28k▲

2023 · €2k

Staff costs

€124k▲

2023 · €76k

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 · 2024 against 2023

Balance sheet Code20232024

Assets

Total assets20/58€34k€169k▲

Fixed assets21/28€6k€18k▲

Tangible fixed assets22/27€2k€12k▲

Plant, machinery and equipment23-€11k

Furniture and vehicles24€2k€535▼

Financial fixed assets28€4k€6k▲

Current assets29/58€27k€151k▲

Stocks and contracts in progress3€4k€1k▼

Stocks30/36€4k€1k▼

Amounts receivable within one year40/41€48€96▲

Trade receivables40€48€96▲

Cash at bank and in hand54/58€21k€149k▲

Deferred charges and accrued income490/1€2k-

Equity and liabilities

Total equity and liabilities10/49€34k€169k▲

Equity10/15€8k€111k▲

Contributions10/11€4k€4k=

Reserves13€4k€107k▲

Distributable reserves133€4k€107k▲

Amounts payable17/49€25k€58k▲

Amounts payable within one year42/48€25k€58k▲

Trade debts44€8k€10k▲

Suppliers440/4€8k€10k▲

Taxes, remuneration and social security45€17k€48k▲

Taxes450/3€6k€37k▲

Remuneration and social security454/9€11k€12k▲

Income statement Code20232024

Remuneration, social security and pensions62€76k€124k▲

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€2k▼

Other operating charges640/8€300€2k▲

Gross operating margin9900€87k€260k▲

Operating profit (loss)9901€7k€132k▲

Financial income75/76B€4€225▲

Recurring financial income75€4€225▲

Financial charges65/66B€1k€980▼

Recurring financial charges65€1k€980▼

Profit (loss) for the period before taxes9903€6k€131k▲

Income taxes67/77€2k€28k▲

Profit (loss) for the period9904€4k€103k▲

Profit (loss) for the period to be appropriated9905€4k€103k▲

Appropriation of the result

Profit (loss) to be appropriated9906€4k€103k▲

Transfer to equity691/2€4k€103k▲

To other reserves6921€4k€103k▲

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 4Financial 2Filings 2

2025

28-08

NBB filing Annual accounts filed

fiscal year 2024 · micro schema · 28 days late

2024

31-12

Financial Liquidity doublescurrent ratio 2.59

Current ratio from 1.07 to 2.59.

31-12

Financial Equity above €100kEq €111k ▲1265%

2 profitable years in a row build equity to €111k.

30-08

NBB filing Annual accounts filed

fiscal year 2023 · micro schema · 30 days late

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

2 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, Oudenaarde · 1 establishment unit since 2022

establishment The establishment unit on the map

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.

Markt 529700 Oudenaarde

Ground area

176 m²

Building footprint

107 m²

Volume, LiDAR

1,168 m³

Parcel 45035B0054/00F000, Flanders · tallest building 14.8 m, ±4 floors. Linked by address, not a title deed.

1 establishment unit

BROTHERS

Markt 52, 9700 OudenaardeFood and beverage service activities

since 20222.331.831.795

1 parcel

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
45035B0054/00F000 ProtectedTownscape or village viewStadskern OudenaardeSource ↗	Flanders	176 m²	1 · 107 m²	14.8 m · 4 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.

1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).

Public money · subsidies and aid

Flemish government

2025 · 1 entry · 2,000 EUR awarded · 2,000 EUR paid

Year	Entries	awarded	paid
2025	1	2,000 EUR	2,000 EUR

Schemes

Hinderpremie bij openbare werken

1 entry · 2,000 EUR · 2,000 EUR paid · Fonds voor Innoveren en Ondernemen

Recognitions · licences · registrations

Food safety, FASFC

1 site

Oudenaarde2.331.831.795

1 permission

Toelating · Eetgelegenheid · since 07-07-2022

Similar companies · same sector, comparable size

JIBRA

BE 0736.409.944

Sint-Gillis (bij-Brussel) · Eq €111k

FARKHANA TRADING IMPORT - EXPORT

Sint-Joost-ten-Node · Eq €111k

Of 21,896 companies in sector 56112 we hold annual accounts for 9,784. 7,675 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company

Founded01-06-2022

Fiscal year end31-12

Activities, NACEBEL

56101Full-service restaurants

56102Limited-service restaurants

56111Full-service restaurants

56112Limited-service restaurants, excluding mobile food services

56220Contract catering and other food service activities

56290Food and beverage service activities

Sources

Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers

Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.