Equity
Debts exceed assets in financial year 2025.
Debts exceed assets in financial year 2025.
The accounts state no turnover.
Of this, €19,810 falls due within a year.
Short-term debts rose from €17,666 to €19,810.
The 2023 accounts came latest: 61 days after the end of the period.
Lower solvency than 93% of companies in office administrative support. Sector median 45.4% · 1,168 companies.
Negative equity caps the score at 59.
The dashed line is the sector median: 0.2% across 12,672 companies (NACE 82, micro).
About 7 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 82, micro). It does better than 9% of them on solvency, 25% on liquidity, 87% on profitability and 86% on growth.
The bankruptcy probability was computed on 09-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
In July 2024, 3,632 companies had the same profile as BRUGDIS has now. Each dot stands for 10 companies, two years later.
Another 0.4% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of BRUGDIS itself: 0.7% within 12 months.
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 3,632 companies, not a prediction for BRUGDIS. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Liquidity is ample, with a current ratio of 3.36 (0.73 in 2024), above the usual 1.5. Short-term debt is 29.8% and cash 2.3% of total assets. However, equity is negative.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
The company filed its last 7 accounts on average 4 days after the deadline. In the sector (NACE 82), the median for financial year 2024 was 7 days before the deadline, and 35% of those companies filed late.
| Company | ||||
|---|---|---|---|---|
| BRUGDIS Woluwe-Saint-Lambert | €66,544 | €55,309 | -24.2% | - |
| L'ARIAM Watermael-Boitsfort | €55,249 | €52,625 | 1.1% | - |
| Bastiat Turnhout | €69,794 | €58,228 | 71.2% | - |
| MAKE SENSE Wezembeek-Oppem | €68,521 | €63,026 | 67.4% | - |
| XBO Braine-l'Alleud | €74,397 | €62,233 | 44.4% | - |
| AdviseM Heist-op-den-Berg | €67,638 | €45,137 | 64.2% | - |
| COWORKING SOLUTIONS Namur | €62,355 | €54,330 | -12.7% | - |
These companies have the same main activity as BRUGDIS: other business support services (NACE 82990). They are comparable in size and age: total assets between €55,200 and €74,400, founded between 2013 and 2016.
BRUGDIS has existed since 2015. The gross margin fell from €113,874 in 2015 to €55,309 in 2025.
Solvency rose in 2025 from -530.6% to -24.2% because of the retained profit.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
The turnover shown is an estimate from the gross margin.
Turnover ≈ €110,000. Estimated: probably between €89,000 and €150,000.
Higher than 7% of 1,168 companies in 2025.
Higher than 74% of 1,125 companies in 2025.
Higher than 95% of 1,157 companies in 2025.
Net result: middle half · Equity: bottom quarter · Balance sheet total: bottom quarter · Working capital: middle half
Staff costs divided by the average number of full-time equivalents.
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||||||
20/58 |
66,544 | 12,835 | 34,657 | 102,193 | 107,221 | 126,190 | 173,665 | 221,020 | 253,447 | 257,347 | |
21/28 |
- | - | - | 32,090 | 52,650 | 73,618 | 97,052 | 112,934 | 137,506 | 154,736 | |
21 |
- | - | - | 20,833 | 30,833 | 40,833 | 50,833 | 70,833 | 80,833 | 90,833 | |
22/27 |
- | - | - | 11,257 | 21,817 | 32,785 | 46,219 | 42,101 | 56,673 | 63,903 | |
23 |
- | - | - | 5,183 | 8,454 | 12,134 | 18,210 | 41,260 | 54,375 | 62,068 | |
24 |
- | - | - | 6,074 | 13,363 | 20,651 | 28,009 | 841 | 2,298 | 1,835 | |
29/58 |
66,544 | 12,835 | 34,657 | 70,103 | 54,571 | 52,572 | 76,613 | 108,086 | 115,941 | 102,611 | |
3 |
- | - | - | 33,405 | 30,800 | 31,592 | 29,001 | 37,129 | 28,447 | 24,642 | |
30/36 |
- | - | - | 33,405 | 30,800 | 31,592 | 29,001 | 37,129 | 28,447 | 24,642 | |
40/41 |
64,141 | 6,326 | 25,663 | 24,503 | 749 | 7,564 | 17,371 | 10,707 | 7,277 | 2,393 | |
40 |
- | 500 | 23,700 | 22,524 | 182 | 6,155 | 2,996 | 8,763 | 6,768 | 1,491 | |
41 |
64,141 | 5,826 | 1,963 | 1,978 | 567 | 1,409 | 14,375 | 1,944 | 509 | 902 | |
54/58 |
1,533 | 6,504 | 7,592 | 8,968 | 19,856 | 10,959 | 27,738 | 58,111 | 78,238 | 72,252 | |
490/1 |
871 | 5 | 1,402 | 3,228 | 3,166 | 2,457 | 2,503 | 2,139 | 1,979 | 3,324 | |
| Balance sheet: equity and liabilities | |||||||||||
10/49 |
66,544 | 12,835 | 34,657 | 102,193 | 107,221 | 126,190 | 173,665 | 221,020 | 253,447 | 257,347 | |
10/15 |
-16,097 | -68,097 | -72,937 | -27,690 | -4,605 | 23,019 | 45,956 | 68,805 | 61,609 | 56,224 | |
10/11 |
40,000 | 40,000 | 40,000 | 40,000 | 40,000 | 40,000 | 40,000 | 40,000 | 40,000 | 40,000 | |
100 |
- | - | - | - | - | - | 40,000 | 40,000 | 40,000 | 40,000 | |
13 |
24,000 | 24,000 | 24,000 | 24,000 | 24,000 | 24,000 | 24,000 | 24,000 | 19,000 | 14,000 | |
130/1 |
- | - | - | 4,000 | 4,000 | 4,000 | - | - | - | - | |
130 |
- | - | - | - | - | - | 4,000 | 4,000 | 4,000 | 4,000 | |
1311 |
- | - | - | 4,000 | 4,000 | 4,000 | - | - | - | - | |
133 |
24,000 | 24,000 | 24,000 | 20,000 | 20,000 | 20,000 | 20,000 | 20,000 | 15,000 | 10,000 | |
14 |
-80,097 | -132,097 | -136,937 | -91,690 | -68,605 | -40,981 | -18,044 | 4,805 | 2,609 | 2,224 | |
17/49 |
82,642 | 80,932 | 107,595 | 129,883 | 111,826 | 103,171 | 127,709 | 152,215 | 191,838 | 201,123 | |
17 |
60,000 | 60,000 | 60,000 | 40,000 | 43,793 | 47,865 | 51,870 | 67,847 | 88,157 | 107,987 | |
170/4 |
- | - | - | - | 3,793 | 7,865 | 11,870 | 27,847 | 48,157 | 67,987 | |
178/9 |
60,000 | 60,000 | 60,000 | 40,000 | 40,000 | 40,000 | 40,000 | 40,000 | 40,000 | 40,000 | |
42/48 |
19,810 | 17,666 | 44,678 | 87,506 | 65,467 | 53,108 | 71,684 | 80,297 | 92,053 | 87,516 | |
42 |
- | - | - | 3,793 | 4,072 | 4,004 | 10,983 | 20,310 | 19,830 | 19,361 | |
44 |
2,013 | 4,696 | 34,130 | 66,932 | 40,986 | 30,017 | 44,452 | 45,127 | 53,771 | 45,727 | |
440/4 |
2,013 | 4,696 | 34,130 | 66,932 | 40,986 | 30,017 | 44,452 | 45,127 | 53,771 | 45,727 | |
45 |
6,656 | 3,987 | 642 | 9,720 | 13,914 | 13,506 | 11,418 | 12,329 | 17,228 | 22,230 | |
450/3 |
6,656 | 3,987 | 642 | 150 | 283 | 663 | 531 | 2,547 | 1,980 | 4,393 | |
454/9 |
- | - | - | 9,570 | 13,631 | 12,843 | 10,887 | 9,782 | 15,248 | 17,837 | |
47/48 |
11,141 | 8,983 | 9,906 | 7,060 | 6,495 | 5,581 | 4,831 | 2,531 | 1,224 | 198 | |
492/3 |
2,832 | 3,265 | 2,917 | 2,378 | 2,566 | 2,198 | 4,155 | 4,071 | 11,628 | 5,620 | |
| Income statement | |||||||||||
9900 |
55,309 | 8,751 | 51,053 | 94,209 | 105,665 | 100,718 | 115,908 | 120,926 | 147,002 | 113,874 | |
62 |
- | - | 76,436 | 93,337 | 108,386 | 93,324 | 102,599 | 77,498 | 105,387 | 63,833 | |
630 |
- | - | 6,074 | 20,560 | 20,968 | 23,434 | 34,281 | 26,614 | 27,119 | 22,189 | |
640/8 |
758 | 387 | 10,881 | 595 | 589 | 266 | 584 | 574 | 670 | 1,058 | |
9901 |
54,552 | 8,364 | -42,338 | -20,284 | -24,278 | -16,306 | -21,556 | 16,240 | 13,826 | 26,794 | |
75/76B |
866 | - | 1,054 | 4 | 956 | - | - | 1 | 11 | - | |
75 |
866 | - | 1,054 | 4 | 956 | - | - | 1 | 11 | - | |
65/66B |
3,126 | 3,318 | 3,735 | 2,703 | 4,302 | 6,538 | 5,756 | 6,578 | 6,652 | 7,540 | |
65 |
3,126 | 3,318 | 3,735 | 2,703 | 4,302 | 6,538 | 5,756 | 6,578 | 6,652 | 7,540 | |
9903 |
52,292 | 5,046 | -45,020 | -22,984 | -27,624 | -22,844 | -27,312 | 9,663 | 7,185 | 19,254 | |
67/77 |
292 | 205 | 228 | 102 | - | 93 | 106 | 2,467 | 1,800 | 3,030 | |
9904 |
51,999 | 4,841 | -45,247 | -23,085 | -27,624 | -22,937 | -27,418 | 7,196 | 5,385 | 16,224 | |
9905 |
51,999 | 4,841 | -45,247 | -23,085 | -27,624 | -22,937 | -27,418 | 7,196 | 5,385 | 16,224 | |
| Appropriation of the result | |||||||||||
9906 |
-80,097 | -132,097 | -136,937 | -91,690 | -68,605 | -40,981 | -18,044 | 9,805 | 7,609 | 16,224 | |
14P |
-132,097 | -136,937 | -91,690 | -68,605 | -40,981 | - | - | - | - | - | |
691/2 |
- | - | - | - | - | - | - | 5,000 | 5,000 | 14,000 | |
6920 |
- | - | - | - | - | - | - | - | - | 4,000 | |
6921 |
- | - | - | - | - | - | - | 5,000 | 5,000 | 10,000 | |
| Social balance sheet | |||||||||||
9087 |
- | - | 2.2 | 2.2 | 2.9 | 2.9 | 3.9 | 2.3 | 3 | 2.2 | |
Hours worked1013 |
- | - | 4,032 | 4,032 | 5,242 | 5,024 | 6,731 | 4,036 | 5,840 | 3,995 | |
| Document | |||||||||||
The notes to these accounts have 4 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2025 (PDF), filed on 09-06-2026.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | full format | 09-06-2026 | 2026-00154900 | |
| 31-12-2024 | full format | 03-07-2025 | 2025-00244357 | |
| 31-12-2023 | full format | 30-09-2024 | 2024-00500262 | |
| 31-12-2022 | full format | 28-07-2023 | 2023-00300101 | |
| 31-12-2021 | full format | 12-08-2022 | 2022-20293140 | |
| 31-12-2020 | full format | 10-08-2021 | 2021-47100183 | |
| 31-12-2019 | full format | 31-08-2020 | 2020-46800174 | |
| 31-12-2017 | full format | 27-08-2018 | 2018-49600153 | |
| 31-12-2016 | full format | 31-08-2017 | 2017-52600498 | |
| 31-12-2015 | full format | 17-08-2016 | 2016-42700441 |
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| - | - | -36,264 | 276 | -3,310 | 7,128 | 12,725 | 42,854 | 40,945 | 48,983 | ||
| - | - | -39,173 | -2,525 | -6,656 | 497 | 6,863 | 33,810 | 32,504 | 38,413 | ||
| - | - | -26,016 | 0 | 0 | 0 | 826 | 2,042 | 8,976 | 176,925 | ||
| -4,971 | -1,088 | -1,376 | -10,888 | 8,897 | -16,779 | - | -20,127 | 5,986 | - | ||
| 46,735 | -4,831 | -10,020 | -17,403 | -10,896 | -536 | 4,929 | 27,789 | 23,888 | 15,095 | ||
| -24.2% | -530.6% | -210.5% | -27.1% | -4.3% | 18.2% | 26.5% | 31.1% | 24.3% | 21.8% | ||
| 3.36 | 0.73 | 0.78 | 0.80 | 0.83 | 0.99 | 1.07 | 1.35 | 1.26 | 1.17 | ||
| 3.36 | 0.73 | 0.78 | 0.42 | 0.36 | 0.40 | 0.66 | 0.88 | 0.95 | 0.89 | ||
| - | - | - | - | - | 4.48 | 2.78 | 2.21 | 3.11 | 3.58 | ||
| - | - | - | - | - | -99.6% | -59.7% | 10.5% | 8.7% | 28.9% | ||
| 78.1% | 37.7% | -130.6% | -22.6% | -25.8% | -18.2% | -15.8% | 3.3% | 2.1% | 6.3% | ||
| - | - | -9.71 | 0.10 | -0.77 | - | - | - | - | - |
EBIT margin: not included in this filing.
Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
| Item | 31-12-2023 | 31-12-2022 | 31-12-2021 |
|---|---|---|---|
| Employees at the balance-sheet date | 3 | 3 | 4 |
| full-time | 1 | 1 | 1 |
| part-time | 2 | 2 | 3 |
| in full-time equivalents | 2.1 | 2.1 | 2.9 |
| 2.2 | 2.2 | 2.9 | |
| On a permanent contract | 3 | 3 | 4 |
| Joined | 1 | 1 | 1 |
| Left | 2 | 2 | 1 |
Source: social balance sheet in the 2021 to 2023 annual accounts
The operating result for 2025 is 6.5 times that of 2024 and the highest since 2015. It is the second rise in a row, after the fall in 2023.
Equity is negative. Debt (€82,642) exceeds the balance-sheet total (€66,544).
Source: shareholder structure in its own accounts
BRUGDIS has no parent and no holdings in its annual accounts. BOLLEN François is the only director.
| BAELE ET SCHMITZ MOTOS
registered office since 17-03-1980 · founded in 1980 |
6.6 FTE (2025) 0420.188.657 |
| BOLLEN FILS
registered office since 10-02-2014 · founded in 2014 |
total assets €914,688 (2025) 0545.916.592 |
| Association des copropriétaires de l'immeuble sis à Woluwe-Saint-Lambert, chaussée de Louvain 1107-1109
registered office since 29-11-1999 |
founded in 1999 0823.634.423 |
The board mandates are listed under Board mandates elsewhere. The network lets you explore the same ties.
Deadline for the 2026 accounts: 31-07-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
| Establishment | Since | Unit number |
|---|---|---|
| Louis Delhaize registered office Steenweg op Leuven 1107, 1200 Woluwe-Saint-Lambert 70200 Business and other management consultancy | 01-03-2015 | 2.239.484.926 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 21018A0001/00K004 | 975 m² | 1 · 636 m² | 17.3 m · 2 |
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