BRUERE
ActiveSummary
BRUERE has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-16k) and a net result of €182k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 13% of 10407 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.4% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability82▲+46
Solvency24▲+6
Growth78▲+46
Track record100
Bankruptcy probability, 12 months
1.4%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.47 against 0.38 in 2024; short-term debt: 59.6% and cash: 5% of total assets), and equity is negative.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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 · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 13% of 10407 sector peers (2025).
NBB · sector comparisonPosition among 10407 sector peers
Solvency
better than 13%
← weakest
strongest →
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 30-06-2026, 31 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
31 d early
2024
64 d early
2023
1 d early
2022
98 d early
2021
45 d early
2020
11 d early
2019
1 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
History
Financials · fiscal year 2025, abbreviated schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€182k
2024 · €-123k
Working capital
€-544k▲ 19.7%
2024 · €-677k
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
Line20212022202320242025
Operating result€192k▼ 21.3%€17k▼ 91.3%€-327k€-69k▲ 79.0%€231k
Net result€135k▼ 22.0%€-15€-354k▼ 2,433,323%€-123k▲ 65.2%€182k
Equity€359k▲ 55.7%€342k▼ 4.8%€-13k€-136k▼ 976%€-16k▲ 88.0%
Total assets€912k▲ 8.5%€886k▼ 2.8%€2.18M▲ 146%€1.86M▼ 14.5%€1.73M▼ 7.4%
Debt€553k▼ 9.4%€545k▼ 1.6%€2.19M▲ 303%€2.00M▼ 8.8%€1.74M▼ 12.9%
Working capital€217k▲ 355%€259k▲ 19.4%€-623k€-677k▼ 8.6%€-544k▲ 19.7%
Staff (FTE)17.7▼ 2.2%16.6▼ 6.2%14.2▼ 14.5%18.4▲ 29.6%19.6▲ 6.5%
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €231k after a loss of €69k in 2024, the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.73M
Fixed assets
€1.24M ▼ 13.9%
Current assets
€486k ▲ 14.8%
Key figures and ratios
EBITDA
€444k▲
2024 · €170k
Cash flow
€395k▲
2024 · €115k
Solvency
-0.9%▲
2024 · -7.3%
Current ratio
0.47▲
2024 · 0.38
Quick ratio
0.19▲
2024 · 0.15
ROA
10.5%▲
2024 · -6.6%
Interest coverage
8.81▲
2024 · 3.05
Debt ≤ 1 year
€1.03M▼
2024 · €1.10M
Debt > 1 year
€714k▼
2024 · €901k
Income taxes
€234=
2024 · €234
Staff costs
€849k▲
2024 · €809k
A ratio outside any meaningful range has been withheld (balance sheet total €1.73M, equity €-16k).
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | €3k | €2k | - | €3k | €3k | ▲ 14.2% |
| Remuneration, social security and pensions62 | €712k | €719k | €602k | €809k | €849k | ▲ 4.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €61k | €60k | €109k | €238k | €213k | ▼ 10.6% |
| Other operating charges640/8 | €3k | €4k | €12k | €4k | €8k | ▲ 96.2% |
| Non-recurring operating charges66A | €4k | - | €3k | - | - | - |
| Gross operating margin9900 | €971k | €799k | €400k | €983k | €1.30M | ▲ 32.4% |
| Operating profit (loss)9901 | €192k | €17k | €-327k | €-69k | €231k | ▲ 437% |
| Financial income75/76B | €652 | €741 | €1k | €1k | €1k | ▲ 5.9% |
| Recurring financial income75 | €652 | €741 | €1k | €1k | €1k | ▲ 5.9% |
| Financial charges65/66B | €11k | €12k | €29k | €56k | €50k | ▼ 9.4% |
| Recurring financial charges65 | €11k | €12k | €29k | €56k | €50k | ▼ 9.4% |
| Profit (loss) for the period before taxes9903 | €182k | €5k | €-354k | €-123k | €182k | ▲ 248% |
| Income taxes67/77 | €46k | €5k | €234 | €234 | €234 | = |
| Profit (loss) for the period9904 | €135k | €-15 | €-354k | €-123k | €182k | ▲ 247% |
| Profit (loss) for the period to be appropriated9905 | €135k | €-15 | €-354k | €-123k | €182k | ▲ 247% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €912k | €886k | €2.18M | €1.86M | €1.73M | ▼ 7.4% |
| Fixed assets21/28 | €142k | €83k | €1.61M | €1.44M | €1.24M | ▼ 13.9% |
| Intangible fixed assets21 | €30k | €10k | - | - | - | - |
| Tangible fixed assets22/27 | €110k | €71k | €1.59M | €1.42M | €1.22M | ▼ 14.1% |
| Land and buildings22 | €9k | €6k | €282k | €238k | €196k | ▼ 17.7% |
| Plant, machinery and equipment23 | €86k | €55k | €1.22M | €1.11M | €969k | ▼ 12.5% |
| Furniture and vehicles24 | €8k | €4k | €80k | €68k | €50k | ▼ 27.2% |
| Other tangible fixed assets26 | €7k | €6k | €6k | €5k | €4k | ▼ 15.2% |
| Financial fixed assets28 | €2k | €2k | €22k | €22k | €22k | = |
| Current assets29/58 | €770k | €804k | €571k | €423k | €486k | ▲ 14.8% |
| Stocks and contracts in progress3 | €225k | €254k | €249k | €256k | €291k | ▲ 13.7% |
| Stocks30/36 | €225k | €254k | €249k | €256k | €291k | ▲ 13.7% |
| Amounts receivable within one year40/41 | €56k | €104k | €184k | €71k | €105k | ▲ 47.8% |
| Trade receivables40 | €10k | €29k | €26k | - | €5k | - |
| Other amounts receivable41 | €46k | €75k | €158k | €71k | €100k | ▲ 40.8% |
| Cash at bank and in hand54/58 | €484k | €440k | €130k | €88k | €86k | ▼ 2.1% |
| Deferred charges and accrued income490/1 | €5k | €5k | €8k | €8k | €3k | ▼ 60.1% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €912k | €886k | €2.18M | €1.86M | €1.73M | ▼ 7.4% |
| Equity10/15 | €359k | €342k | €-13k | €-136k | €-16k | ▲ 88.0% |
| Contributions10/11 | €80k | €80k | €80k | €80k | €80k | = |
| Profit (loss) carried forward14 | €279k | €262k | €-93k | €-216k | €-96k | ▲ 55.4% |
| Amounts payable17/49 | €553k | €545k | €2.19M | €2.00M | €1.74M | ▼ 12.9% |
| Amounts payable after more than one year17 | - | - | €999k | €901k | €714k | ▼ 20.8% |
| Financial debts170/4 | - | - | €999k | €901k | €714k | ▼ 20.8% |
| Amounts payable within one year42/48 | €553k | €545k | €1.19M | €1.10M | €1.03M | ▼ 6.4% |
| Current portion of amounts payable after more than one year42 | - | - | €141k | €148k | €175k | ▲ 18.0% |
| Financial debts43 | - | €12k | €42 | €42 | €19k | ▲ 45,987% |
| Credit institutions430/8 | - | €12k | €42 | €42 | €19k | ▲ 45,987% |
| Trade debts44 | €489k | €472k | €1.01M | €890k | €713k | ▼ 19.9% |
| Suppliers440/4 | €489k | €472k | €1.01M | €890k | €713k | ▼ 19.9% |
| Taxes, remuneration and social security45 | €64k | €61k | €41k | €62k | €60k | ▼ 2.3% |
| Taxes450/3 | €15k | €14k | - | €2k | €764 | ▼ 67.3% |
| Remuneration and social security454/9 | €49k | €47k | €41k | €59k | €59k | ▲ 0.2% |
| Other amounts payable47/48 | - | - | - | - | €62k | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €135k | €-15 | €-354k | €-123k | €182k | ▲ 247% |
| + Depreciation and write-downs630 | €61k | €60k | €109k | €238k | €213k | ▼ 10.6% |
| Operating cash flow (approximation) | €196k | €60k | €-245k | €115k | €395k | ▲ 243% |
| Investment in fixed assets (approximation) | - | €-486 | €-1.64M | €-71k | €-13k | ▲ 81.8% |
| Change in cash | - | €-43k | €-310k | €-43k | €-2k | ▲ 95.6% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
More with these figures Sector benchmark What changed Value indication
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
30-06
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Back to profitnet €182k
Net result €182k after 3 loss-making years.
28-05
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
30-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Weakest financial yearnet €-354k
Net result drops to €-354k, the lowest in the series; recovery starts the following year.
24-04
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
16-06
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
20-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial
Equity above €200kEq €231k ▲253%
2 profitable years in a row build equity to €231k.
30-07
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
31-12
Financial
Back to profitnet €85k
Net result €85k after one loss-making year.
26-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 26 days late
2018
25-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
25-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 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
2 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, Etterbeek · 1 establishment unit since 2013
Ground area
1,014 m²
Building footprint
1,019 m²
Volume, LiDAR
7,035 m³
Parcel 21362B0292/00H006, Brussels · tallest building 22.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Proxy Delhaize
since 20132.221.296.238
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21362B0292/00H006 | Brussels | 1,014 m² | 1 · 1,019 m² | 22.8 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
1 site · 1 with a smileyEtterbeek2.221.296.238
Similar companies · same sector, comparable size
FD Drinks
BE 0744.830.732
Leopoldsburg · Eq €341,741
Ideal Food
BE 0692.691.054
Evergem · Eq €341,126
VDK FOOD RETAIL
BE 1000.102.464
Ukkel · Eq €342,394
BD DRIVE IN
BE 0728.798.018
Nivelles · Eq €340,433
CHILI PEPPERS
BE 0802.128.929
Esneux · Eq €343,047
Of 10,506 companies in sector 47110 we hold annual accounts for 5,848. 3,627 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
Founded25-07-2013
Fiscal year end31-12
Activities, NACEBEL 2025
47110Non-specialised retail sale with food, beverages or tobacco predominating
Scores and ratios are computed by Checked and are not a credit decision.