BRUMAD
ActiveBRUMAD has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3k and a net result of €55k. Equity is shrinking by ~19.5% per year across the filed fiscal years. Its solvency ranks better than 14% of 7983 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.3% (low).
Checked score
Score 2025
58
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency30▼-2
Growth58=
Track record100
Bankruptcy probability, 12 months
1.3%
Low
0%0.5%1.5%4%10%≥ 25%
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
4.9%
Return on assets
79%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 14% of 7983 sector peers (2025).
NBB · sector comparisonPosition among 7983 sector peers
Solvency
better than 14%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 16-03-2026, 137 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
137 d early
2024
141 d early
2023
111 d early
2022
146 d early
2021
123 d early
2020
66 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
21-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€3k▼ 0.5%
2024 · €3k
2020: €10k
2021: €10k
2022: €26k
2023: €45k
2024: €3k
2020 → 2025
Total assets
€70k▲ 45.9%
2024 · €48k
2020: €27k
2021: €21k
2022: €41k
2023: €65k
2024: €48k
2020 → 2025
Net result
€55k▲ 125%
2024 · €24k
2020: €7k
2021: €453
2022: €16k
2023: €26k
2024: €24k
2020 → 2025
Working capital
€-973
2024 · €3k
2020: €9k
2021: €10k
2022: €26k
2023: €45k
2024: €3k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€10k-€26k▲ 151%€45k▲ 71.4%€3k▼ 92.4%€3k▼ 0.5%
Operating result€4k-€25k▲ 551%€37k▲ 49.7%€33k▼ 11.7%€71k▲ 119%
Net result€453-€16k▲ 3,392%€26k▲ 63.4%€24k▼ 5.5%€55k▲ 125%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 119% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €70k
Fixed assets
€4k▲ 673%
Current assets
€65k▲ 38.4%
Equity and liabilities €70k
Equity
€3k▼ 0.5%
Debt
€66k▲ 49.5%
The debt ratio rises from 92.8% to 95.1%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€71k▲
2024 · €33k
Cash flow
€55k▲
2024 · €25k
Solvency
4.9%▼
2024 · 7.2%
Current ratio
0.99▼
2024 · 1.06
Quick ratio
0.99▼
2024 · 1.06
Debt / equity
19.49▲
2024 · 12.98
ROA
79.0%▲
2024 · 51.2%
Interest coverage
540.87▲
2024 · 125.46
Debt
€66k▲
2024 · €44k
Debt ≤ 1 year
€66k▲
2024 · €44k
Income taxes
€16k▲
2024 · €8k
A ratio outside any meaningful range has been withheld (balance sheet total €70k, equity €3k).
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€48k€70k▲
Fixed assets21/28€565€4k▲
Tangible fixed assets22/27€565€4k▲
Plant, machinery and equipment23€3€969▲
Furniture and vehicles24€289€226▼
Other tangible fixed assets26€273€3k▲
Current assets29/58€47k€65k▲
Amounts receivable within one year40/41€15k€19k▲
Trade receivables40€14k€19k▲
Other amounts receivable41€980€503▼
Cash at bank and in hand54/58€31k€40k▲
Deferred charges and accrued income490/1€249€6k▲
Equity and liabilities
Total equity and liabilities10/49€48k€70k▲
Equity10/15€3k€3k▼
Contributions10/11€3k€3k=
Reserves13€411€395▼
Distributable reserves133€411€395▼
Amounts payable17/49€44k€66k▲
Amounts payable within one year42/48€44k€66k▲
Financial debts43€3k-
Credit institutions430/8€3k-
Trade debts44€945€3k▲
Suppliers440/4€945€3k▲
Taxes, remuneration and social security45€4k€6k▲
Taxes450/3€4k€6k▲
Other amounts payable47/48€37k€57k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€158€253▲
Other operating charges640/8€11k€915▼
Gross operating margin9900€44k€72k▲
Operating profit (loss)9901€33k€71k▲
Financial income75/76B€234€309▲
Recurring financial income75€234€309▲
Financial charges65/66B€260€132▼
Recurring financial charges65€260€132▼
Profit (loss) for the period before taxes9903€32k€71k▲
Income taxes67/77€8k€16k▲
Profit (loss) for the period9904€24k€55k▲
Profit (loss) for the period to be appropriated9905€24k€55k▲
Appropriation of the result
Profit (loss) to be appropriated9906€24k€55k▲
Transfer from equity791/2€42k€16▼
Transfer to equity691/2€411-
To other reserves6921€411-
Profit to be distributed694/7€66k€55k▼
Return on contributions (dividend)694€66k€55k▼
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
16-03
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Highest result since 2020net €55k ▲125%
Operating result €71k, net result €55k, both a record.
12-03
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
11-04
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
07-03
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
30-03
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Weakest financial yearnet €453 ▼93.6%
Net result drops to €453, the lowest in the series; recovery starts the following year.
26-05
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Brugge · 1 establishment unit since 2020
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Spoorwegstraat 2968200 BruggeGround area
314 m²
Building footprint
55 m²
Parcel 31512B0521/00G002, Flanders. Linked by address, not a title deed.
1 establishment unit
BRUMAD
since 20202.298.301.964
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31512B0521/00G002 | Flanders | 313 m² | 1 · 55 m² | - |
Linked by address, not proof of ownership
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.
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SOPHIA GOLD
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LIOH
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Of 6,155 companies in sector 46190 we hold annual accounts for 2,570. 779 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded10-01-2020
Fiscal year end31-12
Activities, NACEBEL
46190Agents in non-specialised wholesale trade
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.