BRUBO
ActiveBRUBO has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €123k and a net result of €3k. Equity is growing by ~80.4% per year across the filed fiscal years. Its solvency ranks better than 25% of 9167 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
44
/ 100
Weak
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability41▼-32
Solvency32▲+1
Growth78=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days only on tighter terms
Liquidity tight (current ratio 1.2 against 1.41 in 2024; short-term debt: 74.8% and cash: 1.7% of total assets), and 93% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
7%
Return on assets
0.2%
Age of the figures
9 mo
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 23-04-2026, 99 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
99 d early
2024
97 d early
2023
48 d early
2022
25 d early
2021
24 d early
2020
30 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 monthsPosition in the running window
20-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€123k▲ 2.4%
2024 · €120k
2020: €11k
2021: €6k
2022: €43k
2023: €97k
2024: €120k
2020 → 2025
Total assets
€1.75M▼ 17.6%
2024 · €2.12M
2020: €190k
2021: €88k
2022: €410k
2023: €832k
2024: €2.12M
2020 → 2025
Net result
€3k▼ 96.0%
2024 · €73k
2020: €1k
2021: €-6k
2022: €37k
2023: €54k
2024: €73k
2020 → 2025
Working capital
€261k▼ 52.9%
2024 · €554k
2020: €11k
2021: €-1k
2022: €36k
2023: €77k
2024: €554k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€6k-€43k▲ 677%€97k▲ 127%€120k▲ 23.4%€123k▲ 2.4%
Operating result€-6k-€46k€73k▲ 57.0%€92k▲ 25.8%€36k▼ 60.7%
Net result€-6k-€37k€54k▲ 45.8%€73k▲ 34.0%€3k▼ 96.0%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 61% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.75M
Fixed assets
€179k▼ 19.3%
Current assets
€1.57M▼ 17.4%
Equity and liabilities €1.75M
Equity
€123k▲ 2.4%
Debt
€1.62M▼ 18.8%
The debt ratio falls from 94.3% to 93.0%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€79k▼
2024 · €99k
Cash flow
€46k▼
2024 · €80k
Solvency
7.0%▲
2024 · 5.7%
Current ratio
1.20▼
2024 · 1.41
Quick ratio
0.12▼
2024 · 0.20
Debt / equity
13.23▼
2024 · 16.69
ROE
2.4%▼
2024 · 60.7%
ROA
0.2%▼
2024 · 3.4%
Interest coverage
2.69▼
2024 · 13.46
Debt
€1.62M▼
2024 · €2.00M
Debt ≤ 1 year
€1.31M▼
2024 · €1.34M
Debt > 1 year
€312k▼
2024 · €654k
Income taxes
€4k▼
2024 · €12k
Staff costs
€54k▲
2024 · €43k
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€2.12M€1.75M▼
Fixed assets21/28€222k€179k▼
Intangible fixed assets21€200k€159k▼
Tangible fixed assets22/27€9k€7k▼
Plant, machinery and equipment23€447€199▼
Furniture and vehicles24€4k€3k▼
Other tangible fixed assets26€4k€3k▼
Financial fixed assets28€13k€13k=
Current assets29/58€1.90M€1.57M▼
Stocks and contracts in progress3€1.63M€1.41M▼
Contracts in progress37€1.63M€1.41M▼
Amounts receivable within one year40/41€206k€114k▼
Trade receivables40€199k€104k▼
Other amounts receivable41€7k€10k▲
Cash at bank and in hand54/58€61k€30k▼
Deferred charges and accrued income490/1€4k€9k▲
Equity and liabilities
Total equity and liabilities10/49€2.12M€1.75M▼
Equity10/15€120k€123k▲
Contributions10/11€10k€10k=
Reserves13€110k€113k▲
Distributable reserves133€110k€113k▲
Profit (loss) carried forward14€0€0=
Amounts payable17/49€2.00M€1.62M▼
Amounts payable after more than one year17€654k€312k▼
Financial debts170/4€654k€312k▼
Amounts payable within one year42/48€1.34M€1.31M▼
Current portion of amounts payable after more than one year42€31k€372k▲
Trade debts44€203k€103k▼
Suppliers440/4€203k€103k▼
Advances received on contracts in progress46€884k€643k▼
Taxes, remuneration and social security45€9k€16k▲
Taxes450/3€2k€6k▲
Remuneration and social security454/9€8k€10k▲
Other amounts payable47/48€215k€172k▼
Accrued charges and deferred income492/3€3k€6k▲
Income statement
Code20242025
Remuneration, social security and pensions62€43k€54k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7k€43k▲
Other operating charges640/8€1k€2k▲
Non-recurring operating charges66A€0-
Gross operating margin9900€143k€134k▼
Operating profit (loss)9901€92k€36k▼
Financial income75/76B€159€109▼
Recurring financial income75€159€109▼
Financial charges65/66B€7k€29k▲
Recurring financial charges65€7k€29k▲
Profit (loss) for the period before taxes9903€84k€7k▼
Income taxes67/77€12k€4k▼
Profit (loss) for the period9904€73k€3k▼
Profit (loss) for the period to be appropriated9905€73k€3k▼
Appropriation of the result
Profit (loss) to be appropriated9906€73k€3k▼
Profit (loss) brought forward from the previous period14P€0-
Transfer to equity691/2€23k€3k▼
To other reserves6921€23k€3k▼
Profit to be distributed694/7€50k€0▼
Directors or managers695€50k€0▼
Social balance
Average headcount (FTE)90871.0-
The notes to these accounts (17 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
23-04
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
25-04
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Highest result since 2020net €73k ▲34%
Operating result €92k, net result €73k, both a record.
31-12
Financial
Equity above €100kEq €120k ▲23.4%
3 profitable years in a row build equity to €120k.
13-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
06-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €37k
Net result €37k after one loss-making year.
07-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Weakest financial yearnet €-6k ▼540%
Net result drops to €-6k, the lowest in the series; recovery starts the following year.
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
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, Aalst · 1 establishment unit since 2019
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.
Industrielaan 25D9320 AalstGround area
1.7 ha
Building footprint
8,042 m²
Volume, LiDAR
46,018 m³
Parcel 41342B0989/00E000, Flanders · tallest building 12.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
brubo
since 20192.292.008.248
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41342B0989/00E000 | Flanders | 1.7 ha | 1 · 8,042 m² | 12.3 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
Klokkeveld
BE 0738.768.331
Tessenderlo-Ham · Eq €123k
JOPPEN INVEST
BE 0450.301.417
Wommelgem · Eq €123k
RETROBOUW
BE 0831.803.506
Oostkamp · Eq €123k
CONCREBO
BE 0801.286.217
Sint-Gillis-Waas · Eq €123k
RT-CONSULT
BE 0541.352.743
Heusden-Zolder · Eq €123k
Of 9,695 companies in sector 68121 we hold annual accounts for 7,381. 5,343 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded30-07-2019
Fiscal year end31-12
Activities, NACEBEL
68121Development of residential building projects
71122Land surveying
41001General construction of residential buildings
43110Demolition
43211General electrical installation work
43221Plumbing work
43350Other building finishing work
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.