Financials
- Fiscal year
- 2024
- Total assets
- €300,099
- Loss
- -€91,852
- Solvency
- -120.8%
Total assets▼ 8.0%
Net result
20202024
Brumaste
ActiveSummary
The computed 12-month bankruptcy probability of Brumaste is 8.4% (elevated). The 2024 annual accounts show negative equity (-€362,610) and a net result of -€91,852. Equity is shrinking by ~88.4% per year across the filed fiscal years. Its solvency ranks better than 9% of 18932 sector peers (fiscal year 2024). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Overview
What they do
Full-service restaurants
NACE 56111Full-service restaurants NACE 56101Limited-service restaurants NACE 56102
1 site
How big
€300,099total assets 2024
- Staff
- 9.3 FTE
- Equity
- -€362,610
- Loss
- -€91,852
Turnover not published (abridged schema)
Who decides
Accounts 63 d overdue1 of 3 deeds read
Why 31- 1 financial year not filed after the legal deadline; latest accounts 92 days late; 2 of the last 3 late- Sector Food and beverage service activities (NACE 56)- Figures for FY 2024 (filed 01-11-2025)- Founded in 2019Show the evidence
Checked score
Score 2024
31
/ 100
Weak
Probability in this band: 4.2% to 15.0%
Better than 11% of its sector peers (NACE 56, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2023
Weak
Solvency
0=
equity -120.8% of total assets
Liquidity
6-10
short-term debt 194.1% · cash 5.1%
Profitability
0=
return on assets -30.6%
Bankruptcy probability, 12 months
8.4%
Elevated
0%0.5%1.5%4%10%≥ 25%
About 8 in 100 comparable companies go bankrupt within 12 months (an estimate).
- 1 financial year not filed after the legal deadline; latest accounts 92 days late; 2 of the last 3 late raises the probability
- Sector Food and beverage service activities (NACE 56) raises the probability
- Figures for FY 2024 (filed 01-11-2025) raises the probability
- Founded in 2019 raises the probability for this profile
No credit on open account
Liquidity short (current ratio 0.08 against 0.11 in 2023; short-term debt: 194.1% and cash: 5.1% of total assets), and equity is negative.
How it is calculated
The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.
| 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% |
Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 56, micro). Better than this share of them on solvency 9%, liquidity 7%, profitability 8%, growth against the median 19%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610020317, computed on 02-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.
Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.
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Signals
Six signals. The signal on the left, the evidence on the right.
+raises risk
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
2021222324
2020 to 2024 · latest year -€362,610
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 31-10-2025, 92 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 5 filingsDeviation from the deadline
2025
not confirmed
2024
92 d late
2023
68 d late
2022
25 d early
2021
41 d early
2020
28 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 24 days after the deadline; the sector median for financial year 2024 is 6 days after the deadline, and 53% of the sector filed late.
Checked, nothing found (1)
- Resignations: Stéphane Cornelis (director) and Manon…State Gazette act
- Annual accounts filedfiscal year 2024 · micro…
- Annual accounts filedfiscal year 2023 · micro…
Key points
- Risk: Negative equityfiscal year 2024: debts exceed assets -€362,610 View
- Risk: 5 loss-making years in a rowloss fiscal year 2024 -€91,852 View
- Caution: Among the weakest 5% on net resultsector median €5,297 · 18,911 companies -€91,852 View
- Caution: Accounts not fileddeadline was 31-07-2026 63 d late View
- Positive: Staff rose in 2024from 6.3 FTE to 9.3 FTE ▲ 47.6% View
- Directors leftlatest change 12-01-2026 · 0 in office 2 left View
By topic
Timeline
- Events
- 7
- Since
- 2021
- 03-07-2026Resignations: Stéphane Cornelis (director) and Manon Brotcorne…
- 31-10-2025Annual accounts filed
- 07-10-2024Annual accounts filed
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Full-service restaurantsNACE 56111
- Founded
- 29-07-2019
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
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