Brufranco
ActiveSummary
The annual accounts of Brufranco for fiscal year 2025 show a net loss of 99% of total assets and of 88% of the equity at the start of that year. The 2025 annual accounts show equity of €7,279 and a net result of -€52,783. Equity is shrinking by ~4.3% per year across the filed fiscal years. Its solvency ranks better than 36% of 14462 sector peers (fiscal year 2025). The company has been active since 1984 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.3% (very low).
Overview
What they do
Renting and operating of own or leased residential real estate, excluding social housing
NACE 68201
1 site
How big
€53,257total assets 2025
- Equity
- €7,279
- Loss
- -€52,783
Turnover not published (abridged schema)
Who decides
- Holdings
- 1
Accounts 24 d early0 of 2 deeds read
Why 40- Annual accounts: weaker financial profile- Persistent losses+ Lower-failure-rate sector+ Long track recordLatest accounts filed on timeShow the evidence
Checked score
Score 2025
Axes · tick = 2024
Profitability0=
Solvency39▼-56
Growth32▼-26
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity short (current ratio 0.4 against 0.07 in 2024; short-term debt: 86.3% and cash: 0.1% of total assets), and 86.3% of the assets are financed with debt.
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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 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% fewer 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 · 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 2025Solvency, return and age of the figures
Solvency
13.7%
Return on assets
-99.1%
Age of the figures
15 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
19202122232425
2019 to 2025 · latest year -€52,783
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 07-01-2026, 24 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
24 d early
2024
on the day
2023
on the day
2022
on the day
2021
1 d late
2020
2 d late
2019
on the day
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 3 days before the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today. Usually files around 31 January (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-06-2026 close01-10-2026 today31-01-2027 deadline
- General meeting · Auditor reportDissolution · Liquidation distribution
- Annual accounts filedfiscal year 2025 · micro…
- Weakest financial yearnet -€52,783
Financials
Fiscal year 2025Total assets €53,257Loss -€52,783Solvency 13.7%Liquidity 0.40
Total assets
€53,257▼ 37.5%
2019 - 2025
Net result
-€52,783▼ 16.2%
2019 - 2025
Equity
€7,279▼ 87.9%
2019 - 2025
Solvency
13.7%▼ 56.8pp
2019 - 2025
Financials · fiscal year 2025, micro schema
Trend over the years
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 68, Real estate activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€13,807▼ 26.5%€38,643▲ 180%€16,918▼ 56.2%-€37,775-€4,028▲ 89.3%
Net result€4,578within the sector's middle half▼ 44.8%€5,880within the sector's middle half▲ 28.4%€8,198within the sector's middle half▲ 39.4%-€45,406below the sector's middle half-€52,783below the sector's middle half▼ 16.2%
Equity€91,389within the sector's middle half▲ 5.3%€97,270within the sector's middle half▲ 6.4%€105,468within the sector's middle half▲ 8.4%€60,062within the sector's middle half▼ 43.1%€7,279below the sector's middle half▼ 87.9%
Total assets€633,676within the sector's middle half▼ 4.8%€582,496within the sector's middle half▼ 8.1%€537,579within the sector's middle half▼ 7.7%€85,253below the sector's middle half▼ 84.1%€53,257below the sector's middle half▼ 37.5%
Debt€542,286▼ 6.3%€485,226▼ 10.5%€432,111▼ 10.9%€25,192▼ 94.2%€45,978▲ 82.5%
Working capital-€12,695within the sector's middle half▲ 79.3%-€8,380within the sector's middle half▲ 34.0%-€67,483within the sector's middle half▼ 705%-€23,438within the sector's middle half▲ 65.3%-€27,721within the sector's middle half▼ 18.3%
Solvency14.4%within the sector's middle half▲ 1.4pp16.7%within the sector's middle half▲ 2.3pp19.6%within the sector's middle half▲ 2.9pp70.5%above the sector's middle half▲ 50.8pp13.7%within the sector's middle half▼ 56.8pp
Current ratio0.83within the sector's middle half▲ 0.780.88within the sector's middle half▲ 0.050.04below the sector's middle half▼ 0.840.07below the sector's middle half▲ 0.030.40within the sector's middle half▲ 0.33
Return on assets (ROA)0.7%within the sector's middle half▼ 0.5pp1.0%within the sector's middle half▲ 0.3pp1.5%within the sector's middle half▲ 0.5pp-53.3%below the sector's middle half▼ 54.8pp-99.1%below the sector's middle half▼ 45.9pp
above
within
below
the middle half (P25 to P75) of NACE 68, Real estate activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result and balance sheet
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €4,028 in 2025 against €37,775 in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €53,257
Fixed assets
€35,000 ▼ 58.1%
Current assets
€18,257 ▲ 941%
Equity and liabilities €53,257
Equity
€7,279 ▼ 87.9%
Debt
€45,978 ▲ 82.5%
Debt's share of the balance-sheet total rises from 29.5% to 86.3%. Equity is lower and debt is higher.
Key figures and ratios
Key figures and ratios
Debt to equity
6.32▲
2024 · 0.42
ROE
-725.2%▼
2024 · -75.6%
Debt ≤ 1 year
€45,978▲
2024 · €25,192
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €31,360 | €31,205 | €31,205 | €3,785 | - | - |
| Other operating charges640/8 | - | €5,142 | €406 | €401 | €220 | ▼ 45.2% |
| Non-recurring operating charges66A | - | - | - | €38,206 | - | - |
| Gross operating margin9900 | €50,296 | €74,991 | €48,530 | €4,617 | -€3,808 | ▼ 182% |
| Operating profit (loss)9901 | €13,807 | €38,643 | €16,918 | -€37,775 | -€4,028 | ▲ 89.3% |
| Financial income75/76B | - | - | - | €14 | - | - |
| Recurring financial income75 | €54 | - | - | €14 | - | - |
| Financial charges65/66B | - | €29,264 | €8,662 | €6,256 | €48,755 | ▲ 679% |
| Recurring financial charges65 | €9,283 | €8,984 | €8,662 | €6,256 | €255 | ▼ 95.9% |
| Non-recurring financial charges66B | - | €20,280 | - | - | €48,500 | - |
| Profit (loss) for the period before taxes9903 | €4,578 | €9,380 | €8,257 | -€44,017 | -€52,783 | ▼ 19.9% |
| Income taxes67/77 | - | €3,499 | €59 | €1,390 | - | - |
| Profit (loss) for the period9904 | €4,578 | €5,880 | €8,198 | -€45,406 | -€52,783 | ▼ 16.2% |
| Profit (loss) for the period to be appropriated9905 | €4,578 | €5,880 | €8,198 | -€45,406 | -€52,783 | ▼ 16.2% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €633,676 | €582,496 | €537,579 | €85,253 | €53,257 | ▼ 37.5% |
| Fixed assets21/28 | €572,815 | €521,330 | €534,751 | €83,500 | €35,000 | ▼ 58.1% |
| Tangible fixed assets22/27 | €400,572 | €369,367 | €338,161 | - | - | - |
| Land and buildings22 | - | €369,367 | €338,161 | - | - | - |
| Financial fixed assets28 | €172,243 | €151,963 | €196,590 | €83,500 | €35,000 | ▼ 58.1% |
| Current assets29/58 | €60,861 | €61,166 | €2,828 | €1,753 | €18,257 | ▲ 941% |
| Amounts receivable within one year40/41 | €58,000 | €58,000 | - | €763 | €18,203 | ▲ 2,286% |
| Trade receivables40 | - | - | - | - | €18,203 | - |
| Other amounts receivable41 | - | €58,000 | - | €763 | - | - |
| Cash at bank and in hand54/58 | €1,850 | €2,088 | €1,635 | €924 | €54 | ▼ 94.2% |
| Deferred charges and accrued income490/1 | - | €1,078 | €1,193 | €67 | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €633,676 | €582,496 | €537,579 | €85,253 | €53,257 | ▼ 37.5% |
| Equity10/15 | €91,389 | €97,270 | €105,468 | €60,062 | €7,279 | ▼ 87.9% |
| Contributions10/11 | - | €18,592 | €18,592 | €18,592 | €18,592 | = |
| Reserves13 | €72,797 | €78,678 | €86,876 | €41,470 | - | - |
| Non-distributable reserves130/1 | - | €1,859 | €1,859 | - | - | - |
| Reserves not available under the articles1311 | - | €1,859 | €1,859 | - | - | - |
| Distributable reserves133 | - | €76,818 | €85,017 | €41,470 | - | - |
| Profit (loss) carried forward14 | - | - | - | - | -€11,313 | - |
| Amounts payable17/49 | €542,286 | €485,226 | €432,111 | €25,192 | €45,978 | ▲ 82.5% |
| Amounts payable after more than one year17 | €468,731 | €415,680 | €361,801 | - | - | - |
| Financial debts170/4 | - | €415,680 | €361,801 | - | - | - |
| Amounts payable within one year42/48 | €73,555 | €69,547 | €70,311 | €25,192 | €45,978 | ▲ 82.5% |
| Current portion of amounts payable after more than one year42 | - | €53,051 | €53,879 | €9,432 | - | - |
| Trade debts44 | €20,967 | €16,044 | €15,980 | €15,696 | €18,269 | ▲ 16.4% |
| Suppliers440/4 | - | €16,044 | €15,980 | €15,696 | €18,269 | ▲ 16.4% |
| Other amounts payable47/48 | - | €451 | €451 | €64 | €27,709 | ▲ 43,331% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €4,578 | €5,880 | €8,198 | -€45,406 | -€52,783 | ▼ 16.2% |
| + Depreciation and write-downs630 | €31,360 | €31,205 | €31,205 | €3,785 | - | - |
| Operating cash flow (approximation) | €35,938 | €37,086 | €39,404 | -€41,622 | -€52,783 | ▼ 26.8% |
| Investment in fixed assets (approximation) | - | €20,280 | -€44,627 | €447,467 | €48,500 | ▼ 89.2% |
| Change in cash | - | €238 | -€453 | -€711 | -€870 | ▼ 22.4% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
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Of 9,141 companies in this sector we hold annual accounts for 6,773. 1,324 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Board & ownership
1 holding
Directors
Directors
No directors read yet: 0 of 2 Gazette acts processed. See the function holders in the CBE →
Structure & network
Owners and holdings
1 holdingOwners 0
The accounts to 30-06-2025 list no shareholders, and no other source names one.
Holdings 1
-
100%
According to the annual accounts to 30-06-2025 of Brufranco and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No directors read yet: 0 of 2 Gazette acts processed.
Timeline
14 eventsLatest 11-05-2026Next filing 31-01-2027
History
Acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
11-05
State Gazette act
General meeting · Auditor report
Dissolution · Liquidation distribution
07-01
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-06
Financial
Weakest financial yearnet -€52,783
Net result drops to -€52,783, the lowest in the series.
31-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-06
Financial
Equity above €100,000Eq €105,468 ▲8.4%
4 profitable years in a row build equity to €105,468.
31-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
01-02
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 1 day late
2021
02-02
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 2 days late
2020
30-06
Financial
Back to profitnet €8,297
Net result €8,297 after one loss-making year.
31-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
31-01
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
31-01
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneState Gazette actNBB 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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Company details
Private limited company · founded 12-07-1984Year ends 30-06Peppol reachable1 site
Register details
Identification
Legal formPrivate limited company
Founded12-07-1984
Fiscal year end30-06
Activities, NACEBEL 2025
68201Renting and operating of own or leased residential real estate, excluding social housing
68203Renting and operating of own or leased non-residential real estate, excluding land
68204Real estate activities
Contact
E-mail
frank.bruyninx@advicegroup.be
E-invoicing
Reachable via Peppol
Peppol ID
0208:0427003601
Also
9925:BE0427003601
Registered
10-06-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 1 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Sites & property
Location & real-estate footprint
Registered office, Kontich · 1 establishment unit since 2019
Ground area
1,432 m²
Building footprint
313 m²
Volume, LiDAR
1,765 m³
2 parcels, Flanders · tallest building 10.2 m, ±3 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
Brufranco
since 2019unit no. 2.323.494.250
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11602C0218/00W000 | Flanders | 962 m² | 1 · 193 m² | 8.1 m · 2 fl. |
| 12362E0018/00V003 | Flanders | 470 m² | 1 · 120 m² | 10.2 m · 3 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.
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