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BROWNING International

Active
Public limited companyfounded 1986active for 39 yearsParc Ind. des Hauts Sarts, 3e av 25, 4040 Herstal, BelgiumKBO/BCE: BE 0430.037.226

From the official registers: KBO 39 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

BROWNING International has been active since 1986 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €59.6m and a net result of €3.0m. Equity has been stable since 2018 (±2.1% per year). Its solvency ranks better than 74% of 6,167 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Risk analysisFollow ReportCompare
BROWNING InternationalActiveChecked score 96/100
Risk analysis ReportCompare

Overview

Official details

KBO
Status
Active since 18-12-1986 Normal situation
Activity
Wholesale trade NACE 46496and 2 others
Establishment units
2.031.260.964 4040 Herstal, since 12-01-1987
2.031.261.063 4040 Herstal, since 12-01-1987
Financial year end
31 December
Peppol
Reachable since 24-12-2025
Company details

Board and ownership

Board
Auditor
PricewaterhouseCoopers Reviseurs d'Entreprises
Shareholders
Holdings
Shares in 3 companies including BWM Arms Limited and BWM GmbH
Board & ownership

Financial position

96 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
< 0.1%
Annual accounts 2025
Turnover
€96.0m
▲ 2.2%
Profit
€3.0m
▲ 0.4%
Equity
€59.6m
=
Total assets
€87.9m
▼ 16.4%
Staff
118 FTE
▼ 0.8%
Filed on 25-06-2026, 36 days before the deadlineat the National Bank
Financials
Score breakdownlowers riskLiquidity: current ratio 3.16, cash €18.6mFounded in 1986Equity €59.6m (67.8% of total assets)Size: turnover €96.0m, 118 FTE, total assets €87.9mShow the evidence

Checked score

Score 2025
96 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 65% of medium-sized companies in wholesale trade (NACE 46)
Every signal that counts is listed under Signals.
Financial strength · tick: 2024
Strong
Solvency 93+11
equity 67.8% of total assets
Liquidity 64+14
short-term debt 30.1% · cash 21.1%
Profitability 61+1
return on assets 3.4%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (746 companies, NACE 46, medium-sized)
Last 24 months 11-2024: < 0.1% 12-2024: < 0.1%● unchanged vs 11-2024 01-2025: < 0.1%● unchanged vs 12-2024 02-2025: < 0.1%● unchanged vs 01-2025 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025 07-2025: < 0.1%● unchanged vs 06-2025 08-2025: < 0.1%● unchanged vs 07-2025 09-2025: < 0.1%● unchanged vs 08-2025 10-2025: < 0.1%● unchanged vs 09-2025 11-2025: < 0.1%● unchanged vs 10-2025 12-2025: < 0.1%● unchanged vs 11-2025 01-2026: < 0.1%● unchanged vs 12-2025 02-2026: < 0.1%● unchanged vs 01-2026 03-2026: < 0.1%● unchanged vs 02-2026 04-2026: < 0.1%● unchanged vs 03-2026 05-2026: < 0.1%● unchanged vs 04-2026 06-2026: < 0.1%● unchanged vs 05-2026 07-2026: < 0.1%● unchanged vs 06-2026 08-2026: 0.1%▲ +0.1 percentage points vs 07-2026 09-2026: 0.1%● unchanged vs 08-2026highest value 10-2026: < 0.1%▼ -0.1 percentage points vs 09-2026lowest value
Credit of up to €5,700,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 3.16 (2.32 in 2024), above the usual 1.5. Short-term debt is 30.1% and cash 21.1% of total assets. 32.2% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 46, medium-sized). It does better than 80% of them on solvency, 91% on liquidity, 50% on profitability and 40% on growth.

The bankruptcy probability was computed on 31-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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

Signals

Five signals.
lowers riskneutral
lowers risk · Liquidity: current ratio 3.16, cash €18.6m
NBB · annual accounts
lowers risk · Founded in 1986
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Equity €59.6m (67.8% of total assets)
NBB · annual accounts
lowers risk · Size: turnover €96.0m, 118 FTE, total assets €87.9m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 25-06-2026, 36 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
36 days early
2024
44 days early
2023
47 days early
2022
38 days early
2021
48 days early
2020
46 days early
2019
15 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 39 days before the deadline. In the sector (NACE 46), the median for financial year 2024 was 3 days before the deadline, and 39% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 17 June (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
01-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: Largest company by equity in the province of Liège, Wholesale trade sectorin the Checked rankings No. 1 View
  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
  • Positive: 8 profitable years in a rowprofit 2025: €3.0m 8 years View

Companies linked to BROWNING International

Comparable companies

These companies have the same main activity as BROWNING International: wholesale trade (NACE 46496). They are comparable in size and age: total assets between €21m and €96m, founded between 1968 and 1998.

CompanyTotal assetsTurnover
BROWNING International Herstal€87.9m€96.0m
FOOT LOCKER BELGIUM Etterbeek€27.2m€45.7m
THULE Menen€96.5m€158.6m
Sportsdirect.com Belgium Tubize€44.6m€103.6m
CULTUREL - LUDIQUE - DIVERTISSEMENT DISTRIBUTION Fernelmont€21.3m€40.1m
SSA SPORTING GOODS Oostende€33.1m€41.1m
ASMODEE BELGIUM Kortenberg€34.5m€81.6m
Full comparison

Documents

Annual accounts at the NBB

All 39 annual accounts

Acts in the Belgian Official Gazette

All publications in the Belgian Official Gazette

Articles and registers

Key facts about BROWNING International
What is the company number of BROWNING International?
The company number of BROWNING International is 0430.037.226. The VAT number is the same number with BE in front: BE 0430.037.226.
Where is BROWNING International based?
The registered office is at Parc Ind. des Hauts Sarts, 3e av 25, 4040 Herstal.Company details
What does BROWNING International do?
According to the KBO register, the main activity is wholesale trade (NACE 46496).
What is the legal form of BROWNING International?
The legal form of BROWNING International is Public limited company (NV).
When was BROWNING International founded?
BROWNING International was founded on 18-12-1986.
Is BROWNING International still active?
Yes, BROWNING International is an active enterprise in the KBO register.
How many employees does BROWNING International have?
BROWNING International had an average of 118 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of BROWNING International?
The turnover of BROWNING International was €96.0m in financial year 2025, according to the filed annual accounts.
Is BROWNING International profitable?
In financial year 2025, BROWNING International made a profit of €3.0m.
Where can I find the annual accounts of BROWNING International?
BROWNING International filed 39 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts at the National Bank
When are the next annual accounts of BROWNING International due?
BROWNING International must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

Next steps

Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence See whether the workforce is growing and whether people stay.Employer check Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check See the other companies in the same group.Wallonie Entreprendre · 33 companies

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