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BRS engineering

Active Private limited company (pre-2019)founded 2017active for 9 yearsGroenhof 40, 2920 KalmthoutKBO/BCE: BE 0673.579.183
BRS engineering
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Overview

Lifetime

9 annual accounts with figures on one time axis
peak €49,068 (2022)
-€2,434▲ €8,927
lowest -€50,320 (2023)
€889▲ €17,327
peak €80,138 (2022)
€14,270▲ 6.6%
€87,460▼ 18.3%
Board1 name since 2021
1 directorBroos Nicolas
Documentsfilings and deeds
16-09-202647 days late
2025micro format
Judicial dissolution, liquidator appointed 09-05Gross margin from -€11,361 to -€2,434Back to profit: €889Debts from €107,092 to €87,460

Key points

from the 2025 annual accounts

Equity

€14,270 from €80,138 in 2022

Equity fell by 82% in 3 years.

Debts

€87,460 86% of the balance sheet
Financial debts 0%Suppliers 13%Other 87%

Filings

9 annual accounts 8 late
AprilJune31 JulyOctober20202025

The 2024 accounts came latest: 326 days after the end of the period.

Turnover not published (abbreviated or micro format)

Checked score

63
Healthy
Financially stronger than 22% of micro companies in head offices and management consultancy (NACE 70)
Probability in this band: 0.55% to 1.5%
Bankruptcy probability within 12 months
1.3% Low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.1% across 48,570 companies (NACE 70, micro).

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 2.1% 01-2025: 3.2%▲ +1.1 percentage points vs 12-2024 02-2025: 3.2%● unchanged vs 01-2025 03-2025: 3.4%▲ +0.2 percentage points vs 02-2025 04-2025: 2.7%▼ -0.7 percentage points vs 03-2025 05-2025: 2.6%▼ -0.1 percentage points vs 04-2025 06-2025: 2.6%● unchanged vs 05-2025 07-2025: 3.5%▲ +0.9 percentage points vs 06-2025 08-2025: 4.5%▲ +1.0 percentage point vs 07-2025 09-2025: 5.0%▲ +0.5 percentage points vs 08-2025 10-2025: 6.5%▲ +1.5 percentage points vs 09-2025 11-2025: 6.1%▼ -0.4 percentage points vs 10-2025 12-2025: 6.4%▲ +0.3 percentage points vs 11-2025 01-2026: 8.3%▲ +1.9 percentage points vs 12-2025 02-2026: 8.3%● unchanged vs 01-2026 03-2026: 8.5%▲ +0.2 percentage points vs 02-2026highest value 04-2026: 8.0%▼ -0.5 percentage points vs 03-2026 05-2026: 8.0%● unchanged vs 04-2026 06-2026: 7.8%▼ -0.2 percentage points vs 05-2026 07-2026: 6.3%▼ -1.5 percentage points vs 06-2026 08-2026: 7.8%▲ +1.5 percentage points vs 07-2026 09-2026: 7.8%● unchanged vs 08-2026 10-2026: 1.3%▼ -6.5 percentage points vs 09-2026lowest value 11-2026: 1.3%● unchanged vs 10-2026lowest value

Financial strength
Weak

39+3equity 14.0% of total assets
5-16short-term debt 86.0%
20+17return on assets 0.9%

Score breakdown

raises risk
Last filed accounts filed 47 days late; 3 of the last 3 accounts late
Liquidity: current ratio 1.15
lowers risk
Sector: Activities of head offices; management consultancy activities (NACE 70)
Size: total assets €101,730
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 70, micro). It does better than 19% of them on solvency, 3% on liquidity, 14% on profitability and 53% on growth.

The bankruptcy probability was computed on 08-11-2026 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.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.

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).

Comparable companies, two years later

In July 2024, 3,274 companies had the same profile as BRS engineering has now. Each dot stands for 9 companies, two years later.

94.7%
were still trading
2.5%
stopped another way
2.5%
went bankrupt
  • Micro
  • 5 to 10 years old
  • solvency 10 to 30%
  • a profit under 5% of the balance sheet

Another 0.2% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of BRS engineering itself: 1.3% within 12 months.

Test of the method

The method was tested on the 497,447 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 3.0% 3.1%
10 5.6% 6.2%

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 3,274 companies, not a prediction for BRS engineering. 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

Credit of up to €500 on 30-day terms is acceptable

Liquidity is tight, with a current ratio of 1.15 (1.43 in 2024), below the usual 1.5. Short-term debt is 86% of total assets. 86% of the assets are financed with debt and provisions.

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

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

Signals

Six signals.
lowers riskraises risk
raises risk · Last filed accounts filed 47 days late; 3 of the last 3 accounts late
NBB · filings
raises risk · Liquidity: current ratio 1.15
NBB · annual accounts
lowers risk · Sector: Activities of head offices; management consultancy activities (NACE 70)
KBO
lowers risk · Size: total assets €101,730
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 19% of 39360 sector peers (2025).
NBB · sector comparison
Position among 39360 sector peers
Solvency
better than 19%
← weakest strongest →
raises risk · 2025 accounts filed 47 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 16-09-2026, 47 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 9 filings
Deviation from the deadline
2025
47 days late
2024
326 days late
2023
308 days late
2022
64 days late
2021
74 days late
2020
30 days late
2019
3 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 121 days after the deadline. In the sector (NACE 70), the median for financial year 2024 was 9 days before the deadline, and 32% 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 13 October (4 of the last 5 accounts filed within 235 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
09-11-2026 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

Board and ownership

BN
Broos Nicolas
Director
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0673579183
Judicial dissolution, liquidator appointed Enterprise Court of Antwerp, Antwerp division · Peeters Nick · judgment of 06-05-2025 · Bankruptcy
Incorporation published on 30-03-2017 · Gazette deed
First establishment Groenhof 40, Kalmthout
All 18 events

Comparable companies

same main activity, similar in size and age
Company
BRS engineering Kalmthout €101,730 -€2,434 14.0% -
KCA Consult Lier €107,335 -€5,677 96.5% -
J-STAR Zoersel €102,175 -€22,297 -90.3% -
BC MARITIME SOLUTIONS Rijkevorsel €110,683 -€16,491 -85.2% -
TM Global Solutions Hove €92,852 -€4,382 95.4% -
Lathur Vosselaar €89,372 -€604 81.8% -
PAVLOV Antwerp €101,712 -€97,720 60.7% -

These companies have the same main activity as BRS engineering: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €89,400 and €111,000, founded between 2016 and 2017.

Official details

Source: KBO
Status
Active since 28-03-2017Normal situation
Activity
Business and other management consultancyNACE 70200and 1 other
Establishment unit
2.264.083.8292920 Kalmthout, since 28-03-2017
Financial year end
31 December
Peppol
Reachable since 13-01-2026
Company details

Annual accounts 2025

-€2,434▲ 78.6%
€889
€14,270▲ 6.6%
€101,730▼ 15.6%
Filing
Filed on 16-09-2026
Financials

Insights on BRS engineering

BRS engineering files the micro format. That format states no turnover. The gross margin fell from -€115 in 2017 to -€2,434 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette.

Financials

Annual accounts 2025

micro format, filed on 16-09-2026, 47 days late
-€2,434
▲ €8,927
-€4,184
▲ €7,346
€889
▲ €17,327
€13,210
▼ 62.9%
14.0%
▲ 2.9 percentage points
1.15
▼ 0.28

Turnover and EBIT margin are not published. The abbreviated or micro format does not require them.

Balance sheet

balance sheet total €101,730 on 31-12-2025
What the company ownsHow it is paid for

in euro

Position in the sector

Compare with sector

14.0%

Higher than 19% of 39,360 companies in 2025.

1.15

Higher than 30% of 38,044 companies in 2025.

0.9%

Higher than 21% of 38,516 companies in 2025.

BRS engineering Middle half of the sector 80% of the sector Micro accounts in head offices and management consultancy (NACE 70)

Net result: bottom quarter · Equity: bottom quarter · Balance sheet total: middle half · Working capital: middle half

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend202520242023202220212020201920182017
Balance sheet: assets
20/58 101,730120,473113,281123,80390,63259,62246,98946,25638,461
20 --------157
21/28 1,0612,8102,8104,7167,4088,1187,62819,08210,591
22/27 1,0212,7702,7704,6767,3688,0787,58819,04210,591
24 1,0212,7702,7704,6767,3688,0787,58819,04210,591
28 4040404040404040-
29/58 100,670117,662110,471119,08783,22451,50439,36127,17427,712
29 85,00065,95365,95311,95311,62411,329---
291 85,00065,95365,95311,95311,62411,329---
40/41 15,67044,32243,491103,27871,50233,40336,98919,30210,096
40 12,10037,57630,05299,05371,24933,40324,3009,0369,159
41 3,5706,74613,4394,225253012,68910,266937
54/58 -7,3879733,857986,7722,3726,80917,616
490/1 --54---01,064-
Balance sheet: equity and liabilities
10/49 101,730120,473113,281123,80390,63259,62246,98946,25638,461
10/15 14,27013,38129,81880,13847,31531,43724,76911,52314,692
10/11 18,55018,55018,55018,55018,55018,55018,55018,55018,550
100 ------18,55018,55018,550
13 31161,58861,58861,58828,765311311--
130/1 311311311311311311---
130 ------311--
1311 311311311311311311---
133 -61,27761,27761,27728,454----
14 -4,591-66,757-50,320--12,5765,908-7,027-3,858
17/49 87,460107,09283,46343,66443,31728,18522,22034,73423,770
17 -25,00025,000-02,3274,7167,7559,858
170/4 -25,00025,000-02,3274,7167,7559,858
42/48 87,46082,09253,50843,66443,31716,41317,50426,97913,500
42 ---02,3274,0033,0392,9572,878
43 16---0200---
430/8 16---0200---
44 11,15229,959-11,36821,9587345,59219,8702,386
440/4 11,15229,959-11,36821,9587345,59219,8702,386
45 -34,36434,36432,2969,55811,4768,8744,1528,236
450/3 -34,36434,36432,2969,55811,4768,8744,1528,236
47/48 76,29317,76919,14409,474----
492/3 --4,955-09,445--411
Income statement
76A -----01,255--
9900 -2,434-11,361-39,01449,06825,95111,50319,1646,084-115
62 -----064--
630 1,750-1,9052,6923,1901,8711,6344,2472,165
640/8 -1698,597884471205481,704920
66A ------02,761-
9901 -4,184-11,530-49,51745,49222,7149,51316,918-2,627-3,200
75/76B 5,196-2,5996872952871,06741721
75 5,196-2,5996872952871,06741721
65/66B 1234,9073,403471352353603527680
65 1234,9073,403471352353603527680
9903 889-16,437-50,32045,70822,6579,44717,383-2,737-3,858
67/77 ---12,8856,7792,7794,136432-
9904 889-16,437-50,32032,82315,8786,66813,247-3,169-3,858
9905 889-16,437-50,32032,82315,8786,66813,247-3,169-3,858
Appropriation of the result
9906 -65,868-66,757-50,32032,82315,87812,5766,219-7,027-3,858
14P -66,757-50,320--0----
791/2 61,277--------
691/2 ---32,82315,8780311--
691 ----00---
6920 ------311--
6921 ---32,82315,878----
Document PDFPDFPDFPDFPDFPDFPDFPDFPDF

The notes to these accounts have 7 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Source: Annual accounts 2025 at the NBB, filed on 16-09-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank

2025 annual accounts filed 47 days after the deadline. Filed on 16 September 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00520362.

Financial year Type Filed Reference Document
31-12-2025 micro format 16-09-2026 2026-00520362 PDF
31-12-2024 micro format 22-06-2026 2026-00180785 PDF
31-12-2023 micro format 04-06-2025 2025-00117985 PDF
31-12-2022 micro format 03-10-2023 2023-00471729 PDF
31-12-2021 micro format 13-10-2022 2022-20461124 PDF
31-12-2020 micro format 30-08-2021 2021-59500385 PDF
31-12-2019 micro format 28-07-2020 2020-34500055 PDF
31-12-2018 abbreviated format 30-08-2019 2019-55500358 PDF
31-12-2017 abbreviated format 31-08-2018 2018-54800067 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend202520242023202220212020201920182017
-2,434--47,61148,18525,90411,38318,5531,620-1,035
2,639--48,41535,51619,0698,53814,8811,078-1,694
0-002,4802,361013,05811,969
-6,415-2,8843,759-6,6744,400-4,436-10,807-
13,21035,57056,96375,42339,90735,09121,85719514,212
14.0%11.1%26.3%64.7%52.2%52.7%52.7%24.9%38.2%
1.151.432.062.731.923.142.251.012.05
6.138.002.800.540.920.900.903.011.62
6.2%-122.8%-168.8%41.0%33.6%21.2%53.5%-27.5%-26.3%
0.9%-13.6%-44.4%26.5%17.5%11.2%28.2%-6.9%-10.0%
-19.82--13.99over 10073.61----

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Investments

fixed assets acquired
Item20252024202320222021
Tangible fixed assets----€2,480
€1,750-€1,905€2,692€3,190

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Insights on BRS engineering

The operating result for 2025 is a loss of €4,184, smaller than the loss of €11,530 in 2024.

Debt's share of the balance-sheet total falls from 88.9% to 86.0%. Equity is higher and debt is lower.

Board & ownership

Board

1 director
Broos Nicolas
Director
listed in the 2025 annual accounts, filed on 16-09-2026

Office holders in the KBO →

Mandates through the years

1 name, the dashed line is today
Broos Nicolas
Director
Boardmandate already running before its first mention
Mandates as a list
  • Broos Nicolas
    • Director, since before 31-12-2021

See the board, name and registered office on a given date →

Control

See the annual accounts at the National Bank and the publications in the Belgian Official Gazette.

Capital

Contribution
€18,550
Source
2025 annual accounts

Network & group

No group

BRS engineering has no parent and no holdings in its annual accounts. Broos Nicolas is the only director. BRS engineering shares no director with another company.

Timeline

Timeline

18 events since 2017

Deadline for the 2026 accounts: 31-07-2027

2026
Annual accounts 2025 filed NBBmicro format · 47 days late
Annual accounts 2024 filed NBBmicro format · 326 days late
Registered in the Peppol Directory Reachable for e-invoices through 0208:0673579183
2025
Back to profit net €889 The net result is €889, after 2 loss-making years.
Annual accounts 2023 filed PDFmicro format · 308 days late
Judicial dissolution, liquidator appointed Enterprise Court of Antwerp, Antwerp division · Peeters Nick · judgment of 06-05-2025
2023
Weakest financial year net -€50,320 The net result drops to -€50,320, the lowest from 2017 to 2025. It recovers the following year.
Annual accounts 2022 filed PDFmicro format · 64 days late
2022
Highest result from 2017 to 2025 net €32,823 ▲107% The operating result of €45,492 and the net result of €32,823 are both a record.
Annual accounts 2021 filed PDFmicro format · 74 days late
2021
Annual accounts 2020 filed PDFmicro format · 30 days late
2020
Annual accounts 2019 filed PDFmicro format · 3 days before the deadline
2019
Back to profit net €13,247 The net result is €13,247, after 2 loss-making years.
Liquidity more than doubled current ratio 2.25 The current ratio rises from 1.01 to 2.25. Short-term debt falls from €26,979 to €17,504.
Annual accounts 2018 filed PDFabbreviated format · 30 days late
2018
Annual accounts 2017 filed PDFabbreviated format · 31 days late
2017
Incorporation PDFpublished on 30-03-2017
First establishment Groenhof 40, Kalmthout

Financial milestones sit on the financial year-end date, not the filing date.

Sources: Publications in the Belgian Official GazetteFilings with the National Bank

History

BRS engineering was incorporated on 28 March 2017.1 Total assets rose from €46,256 in 2018 to €101,730 in 2025.2

  1. 1KBO register
  2. 2National Bank, annual accounts 2018 and 2025

Company details

Identity

Enterprise number
0673.579.183
VAT number
BE 0673.579.183
Peppol ID
0208:0673579183
Other Peppol ID
9925:BE0673579183
Legal form
Private limited company (pre-2019)
Status
Active, normal situation
Founded
28-03-2017
Financial year
ends on 31 December
Peppol
Reachable since 13-01-2026Follow this company and you will hear the next morning if it leaves the Peppol register.
Name
BRS engineering in Dutch
Entity type
Legal entity

Activities

NACEBEL 2025
70200 Business and other management consultancy main activity
62200 Computer consultancy and computer facilities management
Codes under NACEBEL 2008
70220 Business consulting main activity
62020 IT consultancy

Registered office and establishments

1 establishment
Establishment Since Unit number
Groenhof 40 registered office 2920 Kalmthout 28-03-2017 2.264.083.829

Buildings and parcels at the address

Ground area
334 m²
Buildings
128 m²
Volume, LiDAR
77 m³
Tallest building
13.6 m
Buildings to scale, each on its own parcel
128 m², 13.6 m 128 m², 13.6 m

Location

registered office establishment The establishment unit on the map

Parcels

Cadastral parcelArea Buildings Height / floors
11022G0584/00F002334 m² 1 · 128 m² 13.6 m

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