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
History
Go further with this company
How much credit can you give this customer, and on what term?Credit simulator What should you check before you do business with this company?Supplier due diligence Accepting this client? The AML file with identity, beneficial owners and sanctions lists.AML client file How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed Roughly what is this company worth?Value indication
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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LOGOLAND
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Of 12,041 companies in sector 68203 we hold annual accounts for 5,994. 3,783 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.