Brownie
ActiveSummary
Brownie has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €14k and a net result of €5k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 12% of 37956 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
60
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability46▼-32
Solvency31▲+2
Growth58=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity short (current ratio 0.83 against 0.73 in 2023; short-term debt: 28% and cash: 8.5% of total assets), and 93.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies
more bankruptcies →
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 · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
6.2%
Return on assets
2.3%
Age of the figures
21 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 12% of 37956 sector peers (2024).
NBB · sector comparisonPosition among 37956 sector peers
Solvency
better than 12%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 23-06-2025, 38 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
38 d early
2023
34 d early
2022
48 d early
2021
47 d early
2020
17 d late
2019
53 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€14k▲ 57.5%
2023 · €9k
2018: €17k
2019: €17k
2020: €-22k
2021: €-8k
2022: €-7k
2023: €9k
2018 → 2024
Total assets
€221k▲ 4.7%
2023 · €211k
2018: €157k
2019: €140k
2020: €50k
2021: €40k
2022: €201k
2023: €211k
2018 → 2024
Net result
€5k▼ 68.9%
2023 · €16k
2018: €5k
2019: €-376
2020: €-39k
2021: €15k
2022: €405
2023: €16k
2018 → 2024
Working capital
€-11k▲ 13.2%
2023 · €-12k
2018: €16k
2019: €17k
2020: €-23k
2021: €-8k
2022: €-20k
2023: €-12k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€-22k-€-8k▲ 65.2%€-7k▲ 5.2%€9k€14k▲ 57.5%
Operating result€-37k-€16k€6k▼ 64.0%€27k▲ 388%€18k▼ 32.9%
Net result€-39k-€15k€405▼ 97.2%€16k▲ 3,887%€5k▼ 68.9%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 33% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €221k
Fixed assets
€170k ▼ 4.4%
Current assets
€51k ▲ 52.8%
Equity and liabilities €221k
Equity
€14k ▲ 57.5%
Debt
€207k ▲ 2.4%
Debt's share of the balance-sheet total falls from 95.9% to 93.8%. Equity and debt are higher.
Key figures and ratios
EBITDA
€26k▼
2023 · €35k
Cash flow
€13k▼
2023 · €24k
Current ratio
0.83▲
2023 · 0.73
Debt to equity
15.05▼
2023 · 23.15
ROE
36.5%▼
2023 · 184.9%
ROA
2.3%▼
2023 · 7.7%
Interest coverage
2.93▼
2023 · 7.08
Debt ≤ 1 year
€62k▲
2023 · €46k
Debt > 1 year
€145k▼
2023 · €156k
Income taxes
€5k▼
2023 · €7k
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 · 2024 against 2023 · 49 lines
Balance sheet
Code20232024
Assets
Total assets20/58€211k€221k▲
Fixed assets21/28€177k€170k▼
Tangible fixed assets22/27€176k€169k▼
Land and buildings22€176k€169k▼
Plant, machinery and equipment23€0-
Financial fixed assets28€1k€1k=
Current assets29/58€33k€51k▲
Amounts receivable within one year40/41€2k€7k▲
Trade receivables40€0-
Other amounts receivable41€2k€7k▲
Current investments50/53€16k€23k▲
Cash at bank and in hand54/58€13k€19k▲
Deferred charges and accrued income490/1€3k€3k▲
Equity and liabilities
Total equity and liabilities10/49€211k€221k▲
Equity10/15€9k€14k▲
Contributions10/11€6k€6k=
Reserves13€3k€8k▲
Distributable reserves133€3k€8k▲
Profit (loss) carried forward14€0-
Amounts payable17/49€202k€207k▲
Amounts payable after more than one year17€156k€145k▼
Financial debts170/4€156k€145k▼
Amounts payable within one year42/48€46k€62k▲
Current portion of amounts payable after more than one year42€12k€12k▲
Financial debts43€1k€3k▲
Credit institutions430/8€1k€3k▲
Trade debts44€7k€27k▲
Suppliers440/4€7k€27k▲
Taxes, remuneration and social security45€15k€9k▼
Taxes450/3€13k€7k▼
Remuneration and social security454/9€3k€3k▲
Other amounts payable47/48€11k€11k▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8k€8k=
Other operating charges640/8€2k€3k▲
Non-recurring operating charges66A€0-
Gross operating margin9900€37k€29k▼
Operating profit (loss)9901€27k€18k▼
Financial income75/76B€453€447▼
Recurring financial income75€453€447▼
Financial charges65/66B€5k€9k▲
Recurring financial charges65€5k€9k▲
Profit (loss) for the period before taxes9903€23k€10k▼
Income taxes67/77€7k€5k▼
Profit (loss) for the period9904€16k€5k▼
Profit (loss) for the period to be appropriated9905€16k€5k▼
Appropriation of the result
Profit (loss) to be appropriated9906€674€5k▲
Profit (loss) brought forward from the previous period14P€-15k€0▲
Transfer to equity691/2€674€5k▲
To other reserves6921€674€5k▲
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
23-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
27-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Highest result since 2018net €16k ▲3887%
Operating result €27k, net result €16k, both a record.
13-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
14-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €15k
Net result €15k after 2 loss-making years.
17-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 17 days late
2020
31-12
Financial
Weakest financial yearnet €-39k
Net result drops to €-39k, the lowest in the series; recovery starts the following year.
08-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
26-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 26 days late
2018
13-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 13 days late
2017
28-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
06-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Diest · 1 establishment unit since 2012
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.
Lazarijstraat 953294 DiestGround area
1,071 m²
Building footprint
177 m²
Volume, LiDAR
651 m³
Parcel 24073G0135/00G000, Flanders · tallest building 5.8 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
BROWNIE
since 20122.208.816.395
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24073G0135/00G000 | Flanders | 1,071 m² | 1 · 177 m² | 5.8 m · 1 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.
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Nozo
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Of 82,562 companies in sector 70200 we hold annual accounts for 52,574. 26,510 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded02-04-2012
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
73300Public relations and communication consultancy
Sources
Crossroads Bank for EnterprisesNational Bank · 12 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:danny.kusters3@telenet.be