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BROVAN

Active Public limited companyfounded 1997active for 28 yearsBonderstraat 58, 3600 GenkKBO/BCE: BE 0462.062.864

Lifetime

19 annual accounts with figures on one time axis, 28 filings since 1998
peak €470,777 (2022)
€11,810▲ €12,165
lowest -€127,141 (2010)
-€54,214▲ €4,384
peak €866,429 (2007)
€318,169▼ 14.6%
€19,338▼ 57.8%
Board3 names since 2016
2 directors and 1 other
Documentsfilings and deeds
17-11-202575 days before the deadline
2025abbreviated format
Gross margin from -€356 to €11,810Loss of €54,214Equity from €372,382 to €318,169Debts from €45,852 to €19,338Cash from €29,628 to €2,246

Key points

from the 2025 annual accounts

Equity

€318,169 from €866,429 in 2007

Equity fell by 63% in 18 years.

Losses

-€112,811 in two years
-58,5972024-54,2142025

The 2024 and 2025 financial years closed with a loss. 2024 was the heaviest.

Filings

28 annual accounts since 1998
deadline200020102020

The last five annual accounts were filed 2 to 75 days before the end of the period.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 5,843 companies had the same profile as BROVAN has now. Each dot stands for 15 companies, two years later.

84.3%
were still trading
13.6%
stopped another way
1.7%
went bankrupt
  • Micro
  • 20 years or older
  • solvency 30% or more
  • a loss of 10% of the balance sheet or more

Another 0.4% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,762 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 2.9% 3.1%
10 5.6% 6.1%

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 5,843 companies, not a prediction for BROVAN. 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.

Credit verdict

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Board and ownership

Chair
Director
Board & ownership

Recent changes

Amendment of the articles General meeting of 12-12-2023 · Gazette deed
1 director appointed, 2 reappointments Reappointments: and · Appointment: (chair and managing director) · General meeting of 29-10-2021 · Gazette deed
2 directors appointed, 1 resignation Appointments: (chair and managing director) and · Resignation: · Director discharge: · General meeting of 30-10-2015 · Gazette deed
First establishment Bonderstraat 58, Genk
All 41 events

Official details

Source: KBO
Status
Active since 08-12-1997Normal situation
Activity
No activity registered in the KBO
Establishment unit
2.084.488.1313600 Genk, since 10-12-1997
Financial year end
30 June
Peppol
Not found in the Peppol Directory
Company details

Annual accounts to 30-06-2025

≈ €80,000estimated
€337,507▼ 19.3%
Filing
Filed on 17-11-2025, 75 days before the end of the filing period
Financials

Insights on BROVAN

BROVAN files the abbreviated format. That format states no turnover. The gross margin fell from €60,661 in 2007 to €11,810 in 2025.

The balance sheet grew most in 2015 through fixed assets.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about BROVAN

What is the company number of BROVAN?
The company number of BROVAN is 0462.062.864. The VAT number is the same number with BE in front: BE 0462.062.864.
Where is BROVAN based?
The registered office is at Bonderstraat 58, 3600 Genk.Company details
What is the legal form of BROVAN?
BROVAN is a public limited company (NV).
When was BROVAN founded?
BROVAN was founded on 08-12-1997.
Is BROVAN still active?
Yes, BROVAN is an active enterprise in the KBO register.
What is the turnover of BROVAN?
The turnover in financial year 2025 is ≈ €80,000. This figure is estimated from the gross margin of €11,810 and 2,729 comparable companies of the same size. It probably lies between €33,000 and €200,000. It is a rough estimate.Financials
Is BROVAN profitable?
In financial year 2025, BROVAN made a loss of €54,214.
Where can I find the annual accounts of BROVAN?
BROVAN filed 28 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of BROVAN due?
BROVAN must file the annual accounts for financial year 2026 by 31-01-2027.Timeline

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