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.
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
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
Financials · fiscal year 2025, abbreviated schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€182k
2024 · €-123k
2018: €-21k
2019: €85k▲ +501% vs 2018
2020: €174k▲ +105% vs 2019
2021: €135k▼ -22.0% vs 2020
2022: €-15▼ -100% vs 2021
2023: €-354k▼ -2433323% vs 2022lowest in 8 years
2024: €-123k▲ +65.2% vs 2023
2025: €182k▲ +247% vs 2024highest in 8 years
2018 → 2025
Working capital
€-544k▲ 19.7%
2024 · €-677k
2018: €-247k
2019: €-171k▲ +30.8% vs 2018
2020: €48k▲ +128% vs 2019
2021: €217k▲ +355% vs 2020
2022: €259k▲ +19.4% vs 2021highest in 8 years
2023: €-623k▼ -340% vs 2022
2024: €-677k▼ -8.6% vs 2023lowest in 8 years
2025: €-544k▲ +19.7% vs 2024
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€359k-€342k▼ 4.8%€-13k€-136k▼ 976%€-16k▲ 88.0%
2021: €359khighest in 5 years
2022: €342k▼ -4.8% vs 2021
2023: €-13k▼ -104% vs 2022
2024: €-136k▼ -976% vs 2023lowest in 5 years
2025: €-16k▲ +88.0% vs 2024
Operating result€192k-€17k▼ 91.3%€-327k€-69k▲ 79.0%€231k
2021: €192k
2022: €17k▼ -91.3% vs 2021
2023: €-327k▼ -2061% vs 2022lowest in 5 years
2024: €-69k▲ +79.0% vs 2023
2025: €231k▲ +437% vs 2024highest in 5 years
Net result€135k-€-15€-354k▼ 2,433,323%€-123k▲ 65.2%€182k
2021: €135k
2022: €-15▼ -100% vs 2021
2023: €-354k▼ -2433323% vs 2022lowest in 5 years
2024: €-123k▲ +65.2% vs 2023
2025: €182k▲ +247% vs 2024highest in 5 years
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
€1.74M▼
2024 · €2.00M
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.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 52 lines
Balance sheet
Code20242025
Assets
Total assets20/58€1.86M€1.73M▼
Fixed assets21/28€1.44M€1.24M▼
Tangible fixed assets22/27€1.42M€1.22M▼
Land and buildings22€238k€196k▼
Plant, machinery and equipment23€1.11M€969k▼
Furniture and vehicles24€68k€50k▼
Other tangible fixed assets26€5k€4k▼
Financial fixed assets28€22k€22k=
Current assets29/58€423k€486k▲
Stocks and contracts in progress3€256k€291k▲
Stocks30/36€256k€291k▲
Amounts receivable within one year40/41€71k€105k▲
Trade receivables40-€5k
Other amounts receivable41€71k€100k▲
Cash at bank and in hand54/58€88k€86k▼
Deferred charges and accrued income490/1€8k€3k▼
Equity and liabilities
Total equity and liabilities10/49€1.86M€1.73M▼
Equity10/15€-136k€-16k▲
Contributions10/11€80k€80k=
Profit (loss) carried forward14€-216k€-96k▲
Amounts payable17/49€2.00M€1.74M▼
Amounts payable after more than one year17€901k€714k▼
Financial debts170/4€901k€714k▼
Amounts payable within one year42/48€1.10M€1.03M▼
Current portion of amounts payable after more than one year42€148k€175k▲
Financial debts43€42€19k▲
Credit institutions430/8€42€19k▲
Trade debts44€890k€713k▼
Suppliers440/4€890k€713k▼
Taxes, remuneration and social security45€62k€60k▼
Taxes450/3€2k€764▼
Remuneration and social security454/9€59k€59k▲
Other amounts payable47/48-€62k
Income statement
Code20242025
Non-recurring operating income76A€3k€3k▲
Remuneration, social security and pensions62€809k€849k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€238k€213k▼
Other operating charges640/8€4k€8k▲
Gross operating margin9900€983k€1.30M▲
Operating profit (loss)9901€-69k€231k▲
Financial income75/76B€1k€1k▲
Recurring financial income75€1k€1k▲
Financial charges65/66B€56k€50k▼
Recurring financial charges65€56k€50k▼
Profit (loss) for the period before taxes9903€-123k€182k▲
Income taxes67/77€234€234=
Profit (loss) for the period9904€-123k€182k▲
Profit (loss) for the period to be appropriated9905€-123k€182k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-216k€-34k▲
Profit (loss) brought forward from the previous period14P€-93k€-216k▼
Profit to be distributed694/7-€62k
Return on contributions (dividend)694-€62k
Social balance
Average headcount (FTE)908718.419.6▲
The notes to these accounts (20 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| 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.
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
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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 10,510 companies in sector 47110 we hold annual accounts for 5,851. 3,628 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.