BRUCONSULT
ActiveSummary
BRUCONSULT has been active since 1999 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €80,207 and a net result of €6,867. Equity is shrinking by ~3.2% per year across the filed fiscal years. Its solvency ranks better than 75% of 15862 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability76▲+64
Solvency96▼-2
Growth58=
Track record100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6,000 at 30 days acceptable
Liquidity ample (current ratio 2.88 against 3.42 in 2023; short-term debt: 28.4% and cash: 19.4% of total assets), and 29.2% of the assets are financed with debt.
Credit check for your own amount and term
Open the credit simulator : see how the verdict changes with amount, term and advance.
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Wholesale trade (NACE 46)
about 21% more bankruptcies
← 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 2024Solvency, return and age of the figures
Solvency
70.8%
Return on assets
6.1%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 24-06-2025, 37 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
37 d early
2023
40 d early
2022
5 d early
2021
19 d early
2020
43 d early
2019
29 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 29 days before the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.
Checked, nothing found (1)
History
Go further with this company
How much credit can you give this customer, and on what term?Credit simulator What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2024, micro schema
Equity
€80,207▼ 7.1%
2023 · €86,317
Total assets
€113,366▼ 3.6%
2023 · €117,592
Net result
€6,867
2023 · -€6,476
Working capital
€60,311▼ 16.7%
2023 · €72,417
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result-€18,644-€10,266▲ 44.9%€87,106-€5,240€10,608
Net result-€29,226-€10,923▲ 62.6%€70,354-€6,476€6,867
Equity€57,756▼ 42.4%€46,833▼ 18.9%€104,793▲ 124%€86,317▼ 17.6%€80,207▼ 7.1%
Total assets€104,287▼ 31.5%€85,567▼ 18.0%€143,145▲ 67.3%€117,592▼ 17.9%€113,366▼ 3.6%
Debt€46,531▼ 10.4%€38,734▼ 16.8%€38,353▼ 1.0%€31,276▼ 18.5%€33,160▲ 6.0%
Working capital€33,516▼ 57.1%€29,901▼ 10.8%€88,219▲ 195%€72,417▼ 17.9%€60,311▼ 16.7%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €10,608 after a loss of €5,240 in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €113,366
Fixed assets
€20,896 ▲ 37.2%
Current assets
€92,471 ▼ 9.7%
Equity and liabilities €113,366
Equity
€80,207 ▼ 7.1%
Debt
€33,160 ▲ 6.0%
Debt's share of the balance-sheet total rises from 26.6% to 29.2%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€11,962▲
2023 · -€2,892
Cash flow
€8,221▲
2023 · -€4,127
Current ratio
2.88▼
2023 · 3.42
Debt to equity
0.41▲
2023 · 0.36
ROE
8.6%▲
2023 · -7.5%
ROA
6.1%▲
2023 · -5.5%
Interest coverage
30.35▲
2023 · -3.79
Debt ≤ 1 year
€32,160▲
2023 · €29,950
Income taxes
€3,540▲
2023 · €472
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 31,324 companies that looked in July 2024 the way this one looks now, 0.4% went bankrupt within 24 months and 93% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.4%
went bankrupt
5.9%
stopped otherwise
93%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.5% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 31,324 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €13,006 | €5,281 | €5,902 | €2,349 | €1,354 | ▼ 42.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | €850 | €0 | - | - |
| Other operating charges640/8 | - | €1,006 | €1,349 | €1,085 | €998 | ▼ 8.0% |
| Non-recurring operating charges66A | - | €2,958 | €0 | - | - | - |
| Gross operating margin9900 | -€3,408 | -€1,020 | €95,207 | -€1,807 | €12,960 | ▲ 817% |
| Operating profit (loss)9901 | -€18,644 | -€10,266 | €87,106 | -€5,240 | €10,608 | ▲ 302% |
| Financial income75/76B | - | €4 | €0 | - | €193 | - |
| Recurring financial income75 | €214 | €4 | €0 | - | €193 | - |
| Financial charges65/66B | - | €212 | €220 | €764 | €394 | ▼ 48.4% |
| Recurring financial charges65 | €10,339 | €212 | €220 | €764 | €394 | ▼ 48.4% |
| Profit (loss) for the period before taxes9903 | -€28,768 | -€10,474 | €86,886 | -€6,004 | €10,407 | ▲ 273% |
| Income taxes67/77 | €457 | €449 | €16,531 | €472 | €3,540 | ▲ 651% |
| Profit (loss) for the period9904 | -€29,226 | -€10,923 | €70,354 | -€6,476 | €6,867 | ▲ 206% |
| Profit (loss) for the period to be appropriated9905 | -€29,226 | -€10,923 | €70,354 | -€6,476 | €6,867 | ▲ 206% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €104,287 | €85,567 | €143,145 | €117,592 | €113,366 | ▼ 3.6% |
| Fixed assets21/28 | €25,240 | €17,932 | €17,574 | €15,225 | €20,896 | ▲ 37.2% |
| Tangible fixed assets22/27 | €25,240 | €17,932 | €17,574 | €15,225 | €20,896 | ▲ 37.2% |
| Furniture and vehicles24 | - | €5,898 | €994 | €0 | €7,025 | - |
| Other tangible fixed assets26 | - | €12,035 | €16,580 | €15,225 | €13,871 | ▼ 8.9% |
| Current assets29/58 | €79,047 | €67,634 | €125,571 | €102,367 | €92,471 | ▼ 9.7% |
| Amounts receivable within one year40/41 | €32,147 | €21,141 | €48,124 | €33,974 | €29,093 | ▼ 14.4% |
| Trade receivables40 | - | €18,536 | €40,072 | €26,657 | €11,324 | ▼ 57.5% |
| Other amounts receivable41 | - | €2,606 | €8,053 | €7,317 | €17,769 | ▲ 143% |
| Current investments50/53 | €21,689 | €9,873 | €30,873 | €30,873 | €25,738 | ▼ 16.6% |
| Cash at bank and in hand54/58 | €23,568 | €36,067 | €45,896 | €36,804 | €21,995 | ▼ 40.2% |
| Deferred charges and accrued income490/1 | - | €553 | €679 | €717 | €15,646 | ▲ 2,083% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €104,287 | €85,567 | €143,145 | €117,592 | €113,366 | ▼ 3.6% |
| Equity10/15 | €57,756 | €46,833 | €104,793 | €86,317 | €80,207 | ▼ 7.1% |
| Contributions10/11 | - | €12,395 | €0 | - | - | - |
| Reserves13 | €81,219 | €81,219 | €104,793 | €92,793 | €80,207 | ▼ 13.6% |
| Distributable reserves133 | - | €81,219 | €104,793 | €92,793 | €80,207 | ▼ 13.6% |
| Profit (loss) carried forward14 | -€35,858 | -€46,781 | €0 | -€6,476 | €0 | ▲ 100% |
| Amounts payable17/49 | €46,531 | €38,734 | €38,353 | €31,276 | €33,160 | ▲ 6.0% |
| Amounts payable within one year42/48 | €45,531 | €37,734 | €37,353 | €29,950 | €32,160 | ▲ 7.4% |
| Financial debts43 | - | - | - | - | €3,383 | - |
| Credit institutions430/8 | - | - | - | - | €3,383 | - |
| Trade debts44 | €7,560 | €11,394 | €21,744 | €10,965 | €21,445 | ▲ 95.6% |
| Suppliers440/4 | - | €11,394 | €21,744 | €10,965 | €21,445 | ▲ 95.6% |
| Taxes, remuneration and social security45 | - | €2,393 | €8,531 | €8,671 | €140 | ▼ 98.4% |
| Taxes450/3 | - | €2,393 | €8,531 | €8,671 | €140 | ▼ 98.4% |
| Other amounts payable47/48 | - | €23,947 | €7,078 | €10,315 | €7,192 | ▼ 30.3% |
| Accrued charges and deferred income492/3 | - | €1,000 | €1,000 | €1,326 | €1,000 | ▼ 24.6% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€29,226 | -€10,923 | €70,354 | -€6,476 | €6,867 | ▲ 206% |
| + Depreciation and write-downs630 | €13,006 | €5,281 | €5,902 | €2,349 | €1,354 | ▼ 42.3% |
| Operating cash flow (approximation) | -€16,220 | -€5,642 | €76,257 | -€4,127 | €8,221 | ▲ 299% |
| Investment in fixed assets (approximation) | - | €2,026 | -€5,544 | €0 | -€7,025 | - |
| Change in cash | - | €12,499 | €9,828 | -€9,092 | -€14,809 | ▼ 62.9% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
24-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €6,867
Net result €6,867 after one loss-making year.
21-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
26-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €70,354
Net result €70,354 after 2 loss-making years.
31-12
Financial
Equity above €100,000Eq €104,793 ▲124%
Equity rises from €46,833 to €104,793.
12-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
18-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Weakest financial yearnet -€29,226
Net result drops to -€29,226, the lowest in the series; recovery starts the following year.
02-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Back to profitnet €3,308
Net result €3,308 after one loss-making year.
31-12
Financial
Equity above €100,000Eq €100,327 ▲3.4%
Equity rises from €97,019 to €100,327.
Show earlier events
14-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
16-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
14-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
17-06
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
1 act for this company is 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, Oostende · 1 establishment unit since 1999
Ground area
618 m²
Building footprint
248 m²
Volume, LiDAR
4,116 m³
2 parcels, Brussels, Flanders · tallest building 21.0 m, ±6 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
BRUCONSULT SPRL
since 19992.091.628.222
2 parcels
Flanders
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21012A0105/00S004 | Brussels | 512 m² | 1 · 173 m² | 21.0 m · 6 fl. |
| 35386D0034/00V010 | Flanders | 106 m² | 1 · 74 m² | 16.9 m · 5 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels 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
B(i)e
BE 0550.365.528
Boom · Eq €80,645
Foubert Projects
BE 0781.323.221
Bornem · Eq €78,757
CINKO INVEST
BE 0540.963.753
Evere · Eq €81,754
BLBOOKS
BE 0748.699.844
Meerhout · Eq €78,444
JerHôme
BE 0859.641.417
Keerbergen · Eq €77,129
Of 1,743 companies in sector 46150 we hold annual accounts for 758. 599 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded30-03-1999
Fiscal year end31-12
Activities, NACEBEL 2025
46150Agents in the wholesale of furniture, household goods and hardware
E-invoicing
Reachable via Peppol
Peppol ID
0208:0465737283
Also
9925:BE0465737283
Registered
30-01-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.