BRULOO
ActiveSummary
BRULOO has been active since 1990 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €100k and a net result of €-3k. Equity remains stable across the filed fiscal years (±2.4% per year). Its solvency ranks better than 54% of 14128 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability67▼-1
Solvency60▼-6
Growth52=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6k at 30 days acceptable
Liquidity short (current ratio 0.06 against 0.37 in 2024; short-term debt: 58% and cash: 0.5% of total assets), and 64.9% of the assets are financed with debt.
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Signals
Four 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
35.1%
Return on assets
-1.1%
Age of the figures
12 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 28-04-2026, 2 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
2 d early
2024
1 d early
2023
on the day
2022
2 d early
2021
3 d early
2020
1 d early
2019
30 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 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€100k▼ 4.5%
2024 · €104k
Total assets
€284k▲ 11.3%
2024 · €255k
Net result
€-3k▼ 125%
2024 · €-1k
Working capital
€-155k▼ 90.1%
2024 · €-82k
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€-11k€-12k▼ 7.3%€-2k▲ 81.0%€-5k▼ 137%€-4k▲ 20.3%
Net result€-9k€-6k▲ 25.7%€-766▲ 87.9%€-1k▼ 77.9%€-3k▼ 125%
Equity€116k▼ 6.8%€110k▼ 5.5%€107k▼ 2.2%€104k▼ 2.8%€100k▼ 4.5%
Total assets€211k▼ 4.8%€203k▼ 3.8%€203k▼ 0.2%€255k▲ 26.0%€284k▲ 11.3%
Debt€63k▲ 0.4%€67k▲ 6.0%€70k▲ 5.3%€130k▲ 84.8%€165k▲ 26.7%
Working capital€23k▼ 43.3%€2k▼ 93.4%€-32k€-82k▼ 157%€-155k▼ 90.1%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €4k in 2025 against €5k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €284k
Fixed assets
€275k ▲ 32.2%
Current assets
€9k ▼ 80.3%
Equity and liabilities €284k
Equity
€100k ▼ 4.5%
Provisions
€20k ▼ 5.7%
Debt
€165k ▲ 26.7%
Debt's share of the balance-sheet total rises from 50.9% to 58.0%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€8k▲
2024 · €6k
Cash flow
€9k▼
2024 · €10k
Current ratio
0.06▼
2024 · 0.37
Debt to equity
1.65▲
2024 · 1.24
ROE
-3.1%▼
2024 · -1.3%
ROA
-1.1%▼
2024 · -0.5%
Interest coverage
122.74▼
2024 · 277.23
Debt ≤ 1 year
€165k▲
2024 · €129k
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 |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €15k | €18k | €11k | €12k | €12k | ▲ 5.6% |
| Other operating charges640/8 | €812 | €819 | €884 | €1k | €2k | ▲ 15.6% |
| Gross operating margin9900 | €5k | €7k | €10k | €8k | €10k | ▲ 25.1% |
| Operating profit (loss)9901 | €-11k | €-12k | €-2k | €-5k | €-4k | ▲ 20.3% |
| Financial income75/76B | - | - | - | €0 | €0 | ▼ 100% |
| Recurring financial income75 | - | - | - | €0 | €0 | ▼ 100% |
| Financial charges65/66B | €51 | €58 | €59 | €23 | €65 | ▲ 187% |
| Recurring financial charges65 | €51 | €58 | €59 | €23 | €65 | ▲ 187% |
| Profit (loss) for the period before taxes9903 | €-11k | €-12k | €-2k | €-5k | €-4k | ▲ 19.4% |
| Transfer from deferred taxes780 | €2k | €5k | €2k | €4k | €1k | ▼ 69.6% |
| Profit (loss) for the period9904 | €-9k | €-6k | €-766 | €-1k | €-3k | ▼ 125% |
| Transfer from tax-exempt reserves789 | €7k | €16k | €5k | €12k | €4k | ▼ 69.6% |
| Profit (loss) for the period to be appropriated9905 | €-1k | €10k | €4k | €10k | €503 | ▼ 95.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €211k | €203k | €203k | €255k | €284k | ▲ 11.3% |
| Fixed assets21/28 | €124k | €135k | €164k | €208k | €275k | ▲ 32.2% |
| Tangible fixed assets22/27 | €124k | €135k | €164k | €208k | €275k | ▲ 32.2% |
| Land and buildings22 | €124k | €135k | €161k | €205k | €272k | ▲ 33.0% |
| Plant, machinery and equipment23 | - | - | €3k | €3k | €2k | ▼ 24.9% |
| Current assets29/58 | €86k | €68k | €39k | €47k | €9k | ▼ 80.3% |
| Amounts receivable within one year40/41 | - | €5k | €7k | €39k | €7k | ▼ 80.8% |
| Trade receivables40 | - | €5k | €7k | €38k | €6k | ▼ 83.3% |
| Other amounts receivable41 | - | - | €655 | €217 | €1k | ▲ 361% |
| Cash at bank and in hand54/58 | €86k | €63k | €31k | €9k | €2k | ▼ 82.4% |
| Deferred charges and accrued income490/1 | €142 | €58 | €198 | €112 | €382 | ▲ 242% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €211k | €203k | €203k | €255k | €284k | ▲ 11.3% |
| Equity10/15 | €116k | €110k | €107k | €104k | €100k | ▼ 4.5% |
| Contributions10/11 | €19k | €19k | €19k | €19k | €19k | = |
| Reserves13 | €95k | €79k | €74k | €63k | €59k | ▼ 5.7% |
| Tax-exempt reserves132 | €95k | €79k | €74k | €63k | €59k | ▼ 5.7% |
| Profit (loss) carried forward14 | €3k | €12k | €15k | €23k | €22k | ▼ 5.0% |
| Provisions and deferred taxes16 | €32k | €26k | €25k | €21k | €20k | ▼ 5.7% |
| Deferred taxes168 | €32k | €26k | €25k | €21k | €20k | ▼ 5.7% |
| Amounts payable17/49 | €63k | €67k | €70k | €130k | €165k | ▲ 26.7% |
| Amounts payable within one year42/48 | €63k | €66k | €70k | €129k | €165k | ▲ 27.5% |
| Trade debts44 | €2k | €6k | €8k | €51k | €6k | ▼ 87.7% |
| Suppliers440/4 | €2k | €6k | €8k | €51k | €6k | ▼ 87.7% |
| Taxes, remuneration and social security45 | €295 | €303 | €0 | - | - | - |
| Taxes450/3 | €295 | €303 | €0 | - | - | - |
| Other amounts payable47/48 | €60k | €60k | €62k | €78k | €158k | ▲ 103% |
| Accrued charges and deferred income492/3 | - | €240 | €0 | €796 | €0 | ▼ 100% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-9k | €-6k | €-766 | €-1k | €-3k | ▼ 125% |
| + Depreciation and write-downs630 | €15k | €18k | €11k | €12k | €12k | ▲ 5.6% |
| Operating cash flow (approximation) | €7k | €12k | €10k | €10k | €9k | ▼ 10.3% |
| Investment in fixed assets (approximation) | - | €-29k | €-40k | €-55k | €-79k | ▼ 42.8% |
| Change in cash | - | €-23k | €-32k | €-23k | €-7k | ▲ 68.8% |
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
28-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
29-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
28-04
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
27-04
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-09
Financial
Weakest financial yearnet €-9k
Net result drops to €-9k, the lowest in the series; recovery starts the following year.
29-04
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-09
Financial
Back to profitnet €151k
Net result €151k after 2 loss-making years.
30-09
Financial
Liquidity times 9current ratio 1.67
Current ratio from 0.19 to 1.67; short-term debt falls from €70k to €62k.
30-09
Financial
Equity above €100kEq €125k
Equity rises from €-25k to €125k.
31-03
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
29-04
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
25-04
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
14-04
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 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
3 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, Gistel · 1 establishment unit since 1990
Ground area
1,248 m²
Building footprint
191 m²
Volume, LiDAR
762 m³
Parcel 35005B0855/00C000, Flanders · tallest building 12.1 m, ±1 floor. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
BRULOO
since 19902.049.222.592
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 35005B0855/00C000 | Flanders | 1,248 m² | 1 · 191 m² | 12.1 m · 1 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.
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Of 12,041 companies in sector 68203 we hold annual accounts for 5,989. 3,780 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
Founded29-06-1990
Fiscal year end30-09
Activities, NACEBEL 2025
68203Renting and operating of own or leased non-residential real estate, excluding land
68204Real estate activities
82990Other business support services
Scores and ratios are computed by Checked and are not a credit decision.