Active BE 0437.639.254Public limited company

BRULITY

Liersesteenweg 284 ·2547 Lint, Belgium· 37 yrs active

Sector: Other business support services (82990)

Conclusion Checked

BRULITY has been active since 1989 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €198k and a net result of €5k. Equity remains stable across the filed fiscal years (±0.5% per year). Its solvency ranks better than 65% of 2197 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Based on the State Gazette, CBE and 3 annual accounts.

Key figures

Equity	€198k
Net result	€5k
Better than sector	65%
Active	37 yrs

Financial profile 5 of 5 axes measured · computed by Checked

71 / 100

Strong profile, led by stability.

All 5 axes are computed from data Checked has read.

Health 94

Profitability 13

Solvency 98

Growth 52

Stability 100

Bankruptcy probability (12 mo) Checked model v1 · free

0.2% Very low

0%0,5%1,5%4%10%≥25%

How do we compute this?

Risk Assessment rule-based

0 / 100

Low risk

Trust signals 2 signals

Long-established

Founded in 1989, 37 years in business.

No legal incidents

No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.

Administrative Flags0 events

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Checked score FY 2025 · computed

94 / 100 Excellent

050100

Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

Indicative credit limit

€19k

estimate, not credit advice

Score history

86 2023

86 2024

94 2025

purely financial, excl. current insolvency signals

Score components

Liquidity Current ratio 21.56 (≥ 1.5) +10

Quick ratio Quick ratio 21.56 (≥ 1.0) +5

Leverage Debt/equity 0.66 (< 1.0) +10

Profitability ROE 3% +3

Interest coverage Interest coverage 3.3× (≥ 3×) +8

Profit trend Net profit up YoY +5

Equity growth Equity growing YoY +3

Computed by Checked from the NBB filing for FY 2025. Indicative, not credit advice.

Financial overview36 NBB filings

Annual accounts filed on 31-01-2026 with the NBB · fiscal year 2025 · abbreviated schema

Operating resultNet result

Trajectory (indicative)

Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.

stable Equity: stable across 3 fiscal years (±0.5%/year).

Solid line = filed figures · dashed = extended trend · area = indicative range.

How do we compute this?

The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.

The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.

A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).

Sector comparison

Fiscal year 2025 · NACE 82, Office administrative, office support and other business support activities · compared within the same schema type (abbreviated schema)

Metric	This company	Sector median	Position in the sector
Solvency	60.3%	41.3%	better than 65% of 2197 sector peers
Net result	€5k	€22k	better than 35% of 2197 sector peers
Equity	€198k	€215k	better than 48% of 2197 sector peers
Gross operating margin	€29k	€85k	better than 30% of 2176 sector peers
Total assets	€329k	€738k	better than 34% of 2200 sector peers

EBITDA

€25k

+4.6% 23-25

Net profit

€5k

+239.8% 23-25

Cash flow

€23k

+19.2% 23-25

Total assets

€329k

+4.1% 23-25

Equity

€198k

+0.1% 23-25

Working capital

€222k

+13.2% 23-25

Income taxes

€100

-62.9% 23-25

Debt

€130k

+10.7% 23-25

Debt ≤ 1y

€11k

+87.3% 23-25

Debt > 1y

€100k

0.0% 23-25

Current ratio

21.56

-38.5% 23-25

Quick ratio

21.56

-38.5% 23-25

Solvency

60.3%

-3.8% 23-25

Debt / equity

0.66

+10.6% 23-25

ROE

2.7%

+239.3% 23-25

ROA

1.6%

+226.5% 23-25

Interest coverage

3.33

-5.1% 23-25

Figures by fiscal year and ratios

Highlight YoY changes (±10%)

Fiscal year	2025	2024	2023
Deposit	abbreviated schema	abbreviated schema	abbreviated schema
Revenue	-	-	-
EBITDA	€25k	€24k	€30k
Net profit	€5k	€2k	€7k
Cash flow	€23k	€20k	€25k
Staff costs	-	-	-
Income taxes	€100	€268	-
Dividends	-	-	-
Total assets	€329k	€316k	€307k
Equity	€198k	€198k	€196k
Debt	€130k	€118k	€111k
of which ≤ 1y	€11k	€6k	€5k
of which > 1y	€100k	€100k	€100k
Working capital	€222k	€196k	€170k
Employees (FTE)	-	-	-

Ratios (computed)

	2025	2024	2023
Current ratio	21.56	35.04	32.91
Quick ratio	21.56	35.04	32.91
Working capital ratio	67.5%	62.1%	55.3%
Solvency	60.3%	62.7%	64.0%
Debt / equity	0.66	0.60	0.56
Long-term debt ratio	0.51	0.51	0.51
Interest coverage	3.33	3.51	6.11
Gross margin	-	-	-
Net margin	-	-	-
ROA	1.6%	0.5%	2.3%
ROE	2.7%	0.8%	3.6%
EBITDA margin	-	-	-
Days sales outstanding	-	-	-
Days payable outstanding	-	-	-
Inventory turnover	-	-	-
Days inventory (DSI)	-	-	-

Balance-sheet composition 2025

Assets

Fixed assets €96k · 29.2% Current assets €233k · 70.8%

Equity & liabilities

Equity €198k · 60.3% Debt €130k · 39.7%

Full annual accounts (23 line items)

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2025	2024	2023
Balance sheet, Assets
TOTAL ASSETS	20/58	€329k	€316k	€307k
Fixed assets	21/28	€96k	€114k	€132k
Tangible fixed assets	22/27	€96k	€114k	€132k
Current assets	29/58	€233k	€202k	€175k
Amounts receivable within one year	40/41	€233k	€199k	€175k
Cash & bank	54/58	€203	€3k	€318
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€329k	€316k	€307k
Equity	10/15	€198k	€198k	€196k
Contributions / capital	10/11	€197k	€197k	€197k
Reserves	13	€316	€50	-
Accumulated profits (losses)	14	€916	€916	€-599
Amounts payable	17/49	€130k	€118k	€111k
Amounts payable after one year	17	€100k	€100k	€100k
Amounts payable within one year	42/48	€11k	€6k	€5k
Trade debts payable within one year	44	-	€118	-
Income statement
Gross operating margin	9900	€29k	€28k	€34k
Operating result	9901	€7k	€6k	€12k
Financial income	75	€6k	€2k	-
Financial charges	65	€8k	€7k	€5k
Result before taxes	9903	€5k	€2k	€7k
Income taxes	67/77	€100	€268	-
Net result for the period	9904	€5k	€2k	€7k
Result to be appropriated	9905	€5k	€2k	€7k

Directors & mandates 2 directors

Current directors & mandates

CLYBOUW ADVISEURSLegal entity
Director· perm. rep.: DE MEESTER Lieve
State Gazette act 24353747 (06-02-2024)

Current
06-02-2024 → present
2 events
- 06-02-2024 Resigned· Director
- 06-02-2024 Appointed· Director

Former directors (1)

DAMHERTINVESTLegal entity
Director· perm. rep.: CLYBOUW André
State Gazette act 24353747 (06-02-2024)

Former
- → 06-02-2024

Legal Structure

NACE primary	Other business support services(82990)
Legal form	Public limited company(014)
Incorporation	12-05-1989
Status	Active
Postal code	2547

Real-estate footprint Source: CBE × cadastre

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
11025D0351/00P002	Flanders	881 m²	1 · 192 m²	9.7 m · 2 fl.

Methodology

via registered seat: 1

1 of 1 parcel with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Updates 11 events

All 12Financial 1Gazette 1Filings 10

Next filing, fiscal year 2026, expected by 31-01-2027

2026

31-01

NBB filing Annual accounts filed

fiscal year 2025 · abbreviated schema

2025

31-01

NBB filing Annual accounts filed

fiscal year 2024 · abbreviated schema

2024

30-06

Financial Weakest financial yearnet €2k ▼78.1%

Net result drops to €2k, the lowest in the series; recovery starts the following year.

06-02

State Gazette act Director changes

Erik Houben

27-01

NBB filing Annual accounts filed

fiscal year 2023 · abbreviated schema

2023

31-01

NBB filing Annual accounts filed

fiscal year 2022 · abbreviated schema

2022

31-01

NBB filing Annual accounts filed

fiscal year 2021 · abbreviated schema

2020

30-12

NBB filing Annual accounts filed

fiscal year 2020 · abbreviated schema

16-02

NBB filing Annual accounts filed

fiscal year 2019 · abbreviated schema · 16 days late

2019

15-01

NBB filing Annual accounts filed

fiscal year 2018 · abbreviated schema

2018

31-01

NBB filing Annual accounts filed

fiscal year 2017 · micro schema

2017

21-02

NBB filing Annual accounts filed

fiscal year 2016 · abbreviated schema · 21 days late

Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Belgian State Gazette reading coverage 0 of 4 acts read

We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Belgisch Staatsblad, acts 1 acts

All acts · 1 updated 2 years ago

2024

06-02-2024 1 director appointed, 2 resigning Director changes·Erik Houben

DE MEESTER Lieve, Bestuurder
CLYBOUW André, Bestuurder
DE MEESTER Lieve, Bestuurder

Notary: Erik Houben · Hoboken

Original publication ↗

Technical details

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Credit advice verdict per customer and amount

Company registry (CBE) Crossroads Bank

Activities

Other business support services82990

Names & trade names

Legal nameNL

BRULITY

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