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BRS Concept

Active
Private limited companyfounded 200917 yrs activeMaalbeekweg 6, 1930 Zaventem, BelgiumKBO/BCE: BE 0817.420.186

BRS Concept has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-68k) and a net result of €-39k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 7% of 27386 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.2% (low).

Checked score

Score 2025
20 / 100
Critical▲ +8 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency42▼-2
Growth32=
Stability100
Bankruptcy probability, 12 months
1.2% Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.89 against 0.97 in 2024), and equity is negative.
Credit advice for your own amount and term

Signals

Seven signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies more bankruptcies →
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 2025
Solvency, return and age of the figures
Solvency
-14.5%
Return on assets
-8.4%
Age of the figures
8 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 17 years 0 20 y
raises risk · Negative equity
Equity is negative for financial year 2025: liabilities exceed assets. This is the trigger point of the alarm-bell procedure (Belgian CAC).
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year -€68k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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 · 10 filings
Deviation from the deadline
2025
31 d late
2024
61 d late
2023
64 d late
2022
30 d late
2021
145 d late
2020
142 d late
2019
145 d late
← before the deadline after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
15-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · 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 2025, micro schema

Equity
€-68k▼ 136%
2024 · €-29k
2018: €15k 2019: €15k 2020: €8k 2021: €16k 2022: €22k 2023: €30k 2024: €-29k
2018 → 2025
Total assets
€470k▲ 2.5%
2024 · €458k
2018: €66k 2019: €120k 2020: €124k 2021: €336k 2022: €441k 2023: €563k 2024: €458k
2018 → 2025
Net result
€-39k▲ 32.6%
2024 · €-58k
2018: €3k 2019: €-448 2020: €-7k 2021: €7k 2022: €6k 2023: €7k 2024: €-58k
2018 → 2025
Working capital
€-57k▼ 299%
2024 · €-14k
2018: €27k 2019: €28k 2020: €33k 2021: €-3k 2022: €16k 2023: €31k 2024: €-14k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€16k-€22k▲ 41.0%€30k▲ 33.3%€-29k€-68k▼ 136%
Operating result€7k-€21k▲ 209%€20k▼ 2.4%€-54k€-37k▲ 31.5%
Net result€7k-€6k▼ 11.5%€7k▲ 14.3%€-58k€-39k▲ 32.6%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-60k€-40k€-20k€0€20kOperating result 2021: €7k€7kNet result 2021: €7k€7kOperating result 2022: €21k€21kNet result 2022: €6k€6kOperating result 2023: €20k€20kNet result 2023: €7k€7kOperating result 2024: €-54k€-54kNet result 2024: €-58k€-58kOperating result 2025: €-37k€-37kNet result 2025: €-39k€-39k20212022202320242025
The operating result stays negative: a loss of €37k in 2025 against €54k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €470k
Fixed assets €4k▼ 11.0%
Current assets €466k▲ 2.7%
Key figures and ratios
2025 value · change against 2024
EBITDA
€-36k
2024 · €-44k
Cash flow
€-39k
2024 · €-49k
Solvency
-14.5%
2024 · -6.3%
Current ratio
0.89
2024 · 0.97
Quick ratio
0.89
2024 · 0.97
Debt / equity
-7.89
2024 · -16.88
ROE
57.7%
2024 · 202.4%
ROA
-8.4%
2024 · -12.8%
Interest coverage
-19.01
2024 · -11.12
Debt
€538k
2024 · €487k
Debt ≤ 1 year
€523k
2024 · €468k
Debt > 1 year
€15k=
2024 · €15k
Income taxes
€729
2024 · €821
Staff costs
€282k
2024 · €369k
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 · 2025 against 2024
Balance sheet Code20242025
Assets
Total assets20/58€458k€470k
Fixed assets21/28€4k€4k
Intangible fixed assets21-€0
Tangible fixed assets22/27€4k€4k
Plant, machinery and equipment23€4k€4k
Furniture and vehicles24€0-
Current assets29/58€454k€466k
Amounts receivable within one year40/41€453k€448k
Trade receivables40€433k€428k
Other amounts receivable41€20k€20k=
Cash at bank and in hand54/58€711€18k
Deferred charges and accrued income490/1€412-
Equity and liabilities
Total equity and liabilities10/49€458k€470k
Equity10/15€-29k€-68k
Contributions10/11€19k€19k=
Profit (loss) carried forward14€-47k€-87k
Amounts payable17/49€487k€538k
Amounts payable after more than one year17€15k€15k=
Financial debts170/4€15k€15k=
Amounts payable within one year42/48€468k€523k
Trade debts44€164k€245k
Suppliers440/4€164k€245k
Taxes, remuneration and social security45€134k€119k
Taxes450/3€91k€94k
Remuneration and social security454/9€43k€25k
Other amounts payable47/48€170k€159k
Accrued charges and deferred income492/3€4k-
Income statement Code20242025
Remuneration, social security and pensions62€369k€282k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9k€470
Other operating charges640/8€2k€3k
Gross operating margin9900€327k€248k
Operating profit (loss)9901€-54k€-37k
Financial income75/76B€62€16
Recurring financial income75€62€16
Financial charges65/66B€4k€2k
Recurring financial charges65€4k€2k
Profit (loss) for the period before taxes9903€-58k€-39k
Income taxes67/77€821€729
Profit (loss) for the period9904€-58k€-39k
Profit (loss) for the period to be appropriated9905€-58k€-39k
Appropriation of the result
Profit (loss) to be appropriated9906€-47k€-87k
Profit (loss) brought forward from the previous period14P€11k€-47k

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

Next filing, fiscal year 2026, expected by 31-07-2027
2026
31-08
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
30-09
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 61 days late
2024
31-12
Financial Weakest financial yearnet €-58k ▼892%
Net result drops to €-58k, the lowest in the series; recovery starts the following year.
03-10
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 64 days late
2023
31-12
Financial Highest result since 2018net €7k ▲14.3%
Net result €7k, the highest in the series.
30-08
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
2022
23-12
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 145 days late
2021
31-12
Financial Back to profitnet €7k
Net result €7k after 2 loss-making years.
20-12
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 142 days late
2020
23-12
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 145 days late
03-03
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 216 days late
2019
20-12
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 507 days late
20-12
NBB filing Annual accounts filed
fiscal year 2016 · micro schema · 872 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
6 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, Zaventem · 1 establishment unit since 2019
establishment approximate 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.

Maalbeekweg 61930 Zaventem
Ground area
5,851 m²
Building footprint
3,482 m²
Volume, LiDAR
33,254 m³
Parcel 23094D0114/00K000, Flanders · tallest building 17.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
BRS
Maalbeekweg 6, 1930 ZaventemBricklaying and masonry work
since 20192.289.831.290
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
23094D0114/00K000 Flanders 5,851 m² 1 · 3,482 m² 17.2 m · 2 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.

Similar companies · same sector, comparable size

Of 22,729 companies in sector 43211 we hold annual accounts for 10,274. 7,909 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded10-07-2009
Fiscal year end31-12
Activities, NACEBEL
43211General electrical installation work
Sources
Crossroads Bank for EnterprisesNational Bank · 15 filingsAddress and cadastre registers

Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.