BRUCE DOUGLAS
ActiveSummary
BRUCE DOUGLAS has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €399k and a net result of €139k. Equity is growing by ~32% per year across the filed fiscal years. Its solvency ranks better than 83% of 12738 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
99
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+7
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €35k at 30 days acceptable
Liquidity ample (current ratio 6.39 against 3.71 in 2024; short-term debt: 12.5% and cash: 73.9% of total assets), and 14.9% of the assets are financed with debt.
Credit check 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 69
Relative position
BE, all sectors
reference
Sector 69
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
85.1%
Return on assets
29.5%
Age of the figures
9 mo
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
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 01-07-2026, 30 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
30 d early
2024
31 d early
2023
33 d early
2022
7 d late
2021
37 d early
2020
36 d early
2019
30 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
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
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€139k▲ 115%
2024 · €64k
2018: €44k
2019: €13k
2020: €-34k
2021: €44k
2022: €56k
2023: €112k
2024: €64k
2018 → 2025
Working capital
€315k▲ 75.7%
2024 · €179k
2018: €62k
2019: €78k
2020: €38k
2021: €67k
2022: €100k
2023: €161k
2024: €179k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€99k-€141k▲ 43.1%€209k▲ 48.3%€260k▲ 24.5%€399k▲ 53.2%
Operating result€50k-€80k▲ 61.6%€160k▲ 99.3%€101k▼ 37.0%€199k▲ 96.8%
Net result€44k-€56k▲ 29.5%€112k▲ 99.2%€64k▼ 42.6%€139k▲ 115%
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 97% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €469k
Fixed assets
€95k ▲ 14.5%
Current assets
€374k ▲ 52.2%
Equity and liabilities €469k
Equity
€399k ▲ 53.2%
Debt
€70k ▲ 2.4%
Debt's share of the balance-sheet total falls from 20.8% to 14.9%. Equity and debt are higher.
Key figures and ratios
EBITDA
€231k▲
2024 · €132k
Cash flow
€170k▲
2024 · €95k
Current ratio
6.39▲
2024 · 3.71
Debt to equity
0.18▼
2024 · 0.26
ROE
34.7%▲
2024 · 24.8%
ROA
29.5%▲
2024 · 19.6%
Interest coverage
241.94▲
2024 · 240.97
Debt ≤ 1 year
€58k▼
2024 · €66k
Debt > 1 year
€12k▲
2024 · €2k
Income taxes
€61k▲
2024 · €36k
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 · 2025 against 2024 · 46 lines
Balance sheet
Code20242025
Assets
Total assets20/58€329k€469k▲
Fixed assets21/28€83k€95k▲
Tangible fixed assets22/27€83k€95k▲
Plant, machinery and equipment23€19k€20k▲
Furniture and vehicles24€65k€75k▲
Current assets29/58€245k€374k▲
Amounts receivable within one year40/41€80k€22k▼
Trade receivables40€71k€13k▼
Other amounts receivable41€9k€9k=
Cash at bank and in hand54/58€161k€347k▲
Deferred charges and accrued income490/1€5k€5k▲
Equity and liabilities
Total equity and liabilities10/49€329k€469k▲
Equity10/15€260k€399k▲
Contributions10/11€12k€12k=
Reserves13€248k€386k▲
Distributable reserves133€248k€386k▲
Amounts payable17/49€68k€70k▲
Amounts payable after more than one year17€2k€12k▲
Financial debts170/4€2k€12k▲
Amounts payable within one year42/48€66k€58k▼
Current portion of amounts payable after more than one year42€9k€5k▼
Trade debts44€2k€2k▲
Suppliers440/4€2k€2k▲
Taxes, remuneration and social security45€41k€47k▲
Taxes450/3€37k€42k▲
Remuneration and social security454/9€4k€6k▲
Other amounts payable47/48€14k€4k▼
Income statement
Code20242025
Non-recurring operating income76A€10k€7k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€31k€32k▲
Other operating charges640/8€1k€1k▲
Gross operating margin9900€133k€232k▲
Operating profit (loss)9901€101k€199k▲
Financial income75/76B€21€1k▲
Recurring financial income75€21€1k▲
Financial charges65/66B€548€955▲
Recurring financial charges65€548€955▲
Profit (loss) for the period before taxes9903€101k€199k▲
Income taxes67/77€36k€61k▲
Profit (loss) for the period9904€64k€139k▲
Profit (loss) for the period to be appropriated9905€64k€139k▲
Appropriation of the result
Profit (loss) to be appropriated9906€64k€139k▲
Transfer from equity791/2€13k-
Transfer to equity691/2€64k€139k▲
To other reserves6921€64k€139k▲
Profit to be distributed694/7€13k-
Return on contributions (dividend)694€13k-
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
Next filing, fiscal year 2026, expected by
2026
01-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2018net €139k ▲115%
Operating result €199k, net result €139k, both a record.
30-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
28-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Equity above €200kEq €209k ▲48.3%
3 profitable years in a row build equity to €209k.
07-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 7 days late
2022
31-12
Financial
Equity above €100kEq €141k ▲43.1%
2 profitable years in a row build equity to €141k.
24-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €44k
Net result €44k after one loss-making year.
25-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Weakest financial yearnet €-34k
Net result drops to €-34k, the lowest in the series; recovery starts the following year.
01-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
Show earlier events
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 30 days late
2018
20-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 20 days late
2017
25-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 25 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
3 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, Rixensart · 1 establishment unit since 2011
Ground area
1,086 m²
Building footprint
57 m²
Volume, LiDAR
387 m³
Parcel 25092B0272/00H002, Wallonia · tallest building 8.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
BRUCE DOUGLAS
since 20112.198.393.152
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25092B0272/00H002 ProtectedSite or landscape |
Wallonia | 1,086 m² | 1 · 57 m² | 8.4 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.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
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Of 944 companies in sector 69203 we hold annual accounts for 660. 524 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
Founded25-03-2011
Fiscal year end31-12
Trade name FR
FLOW
Activities, NACEBEL 2025
69203Activities of company auditors
70200Business and other management consultancy
Sources
Crossroads Bank for EnterprisesNational Bank · 15 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.