Skip to content

Brumex

Active
Private limited companyfounded 201015 yrs activeWaterstraat 30, 8902 Ieper, BelgiumKBO/BCE: BE 0831.214.477
Summary

Brumex has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €82.9m and a net result of €3.0m. Equity is growing by ~3.7% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.8% (low).

Checked score

Score 2024
Axes · tick = 2023
Profitability46▲+3
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.8% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2,000,000 at 30 days acceptable
Liquidity ample (current ratio 13.63 against 13.61 in 2023; short-term debt: 6.1% and cash: 3.3% of total assets), and 6.4% of the assets are financed with debt.
Credit check for your own amount and term

Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024
Solvency, return and age of the figures
Solvency
93.6%
Return on assets
3.4%
Age of the figures
21 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 15 years 0 20 y
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 21-10-2025, 82 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
82 d late
2023
68 d late
2022
81 d late
2021
79 d late
2020
90 d late
2019
111 d late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 6 accounts on average 85 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

Brumex was incorporated on 19 November 2010.1 Total assets rose from EUR 57 million in 2018 to EUR 89 million in 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2024

Go further with this company

Is this your company? See how customers and banks see it.

Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2024, abbreviated schema

Equity
€82.9m▲ 3.7%
2023 · €79.9m
Total assets
€88.6m▲ 3.8%
2023 · €85.3m
Net result
€3.0m▲ 71.9%
2023 · €1.7m
Working capital
€68.3m▲ 5.2%
2023 · €64.9m
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
Line20202021202220232024
Operating result-€49,212▼ 2.4%-€71,843▼ 46.0%-€88,995▼ 23.9%-€84,830▲ 4.7%-€81,238▲ 4.2%
Net result€24.8m▲ 21,984%€923,340▼ 96.3%€1.1m▲ 17.7%€1.7m▲ 59.4%€3.0m▲ 71.9%
Equity€76.2m▲ 48.3%€77.1m▲ 1.2%€78.2m▲ 1.4%€79.9m▲ 2.2%€82.9m▲ 3.7%
Total assets€84.8m▲ 47.3%€86.2m▲ 1.6%€84.9m▼ 1.4%€85.3m▲ 0.5%€88.6m▲ 3.8%
Debt€8.7m▲ 38.7%€9.1m▲ 4.7%€6.7m▼ 25.5%€5.4m▼ 19.7%€5.7m▲ 4.7%
Working capital€68.8m▲ 122%€67.4m▼ 2.1%€65.2m▼ 3.2%€64.9m▼ 0.4%€68.3m▲ 5.2%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€10.0m€0€10.0m€20.0mOperating result 2020: -€49,212-€49,212Net result 2020: €24.8m€24.8mOperating result 2021: -€71,843-€71,843Net result 2021: €923,340€923,340Operating result 2022: -€88,995-€88,995Net result 2022: €1.1m€1.1mOperating result 2023: -€84,830-€84,830Net result 2023: €1.7m€1.7mOperating result 2024: -€81,238-€81,238Net result 2024: €3.0m€3.0m20202021202220232024-€1m€0€1m€2m€3mOperating result 2022: -€88,995-€89,000Net result 2022: €1.1m€1.1mOperating result 2023: -€84,830-€84,800Net result 2023: €1.7m€1.7mOperating result 2024: -€81,238-€81,200Net result 2024: €3.0m€3m202220232024
The operating result stays negative: a loss of €81,238 in 2024 against €84,830 in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €88.6m
Fixed assets €14.9m ▼ 2.5%
Current assets €73.7m ▲ 5.2%
Equity and liabilities €88.6m
Equity €82.9m ▲ 3.7%
Debt €5.7m ▲ 4.7%
Debt's share of the balance-sheet total rises from 6.3% to 6.4%. Equity and debt are higher.
Key figures and ratios
2024 value · change against 2023
Current ratio
13.63▲
2023 · 13.61
Debt to equity
0.07▲
2023 · 0.07
ROE
3.6%▲
2023 · 2.2%
ROA
3.4%▲
2023 · 2.0%
Debt ≤ 1 year
€5.4m▲
2023 · €5.2m
Income taxes
€486,443▲
2023 · €337,825
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 139 companies that looked in July 2024 the way this one looks now, 0% went bankrupt within 24 months and 92% are still going.

  • Large
  • 10 to 20 years old
  • solvency 30% or more
  • a profit under 5% of the balance sheet
0% went bankrupt
7.9% stopped otherwise
92% still going

For this company itself Checked computes a higher bankruptcy probability: 0.8% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.7%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 139 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 41 lines
Balance sheet Code20232024
Assets
Total assets20/58€85.3m€88.6m▲
Fixed assets21/28€15.2m€14.9m▼
Tangible fixed assets22/27€341,000€341,000=
Furniture and vehicles24€341,000€341,000=
Financial fixed assets28€14.9m€14.5m▼
Current assets29/58€70.1m€73.7m▲
Amounts receivable after more than one year29€2.5m€2.0m▼
Other amounts receivable291€2.5m€2.0m▼
Amounts receivable within one year40/41€22.4m€23.5m▲
Trade receivables40€325,015€325,015=
Other amounts receivable41€22.1m€23.2m▲
Current investments50/53€42.7m€44.2m▲
Cash at bank and in hand54/58€1.8m€3.0m▲
Deferred charges and accrued income490/1€737,118€1.0m▲
Equity and liabilities
Total equity and liabilities10/49€85.3m€88.6m▲
Equity10/15€79.9m€82.9m▲
Contributions10/11€18,600€18,600=
Reserves13€24.0m€24.0m=
Distributable reserves133€24.0m€24.0m=
Profit (loss) carried forward14€55.9m€58.9m▲
Amounts payable17/49€5.4m€5.7m▲
Amounts payable within one year42/48€5.2m€5.4m▲
Trade debts44€1,982€1,982=
Suppliers440/4€1,982€1,982=
Taxes, remuneration and social security45€80,962€68,000▼
Taxes450/3€80,962€68,000▼
Other amounts payable47/48€5.1m€5.3m▲
Accrued charges and deferred income492/3€266,703€260,044▼
Income statement Code20232024
Other operating charges640/8€43,346€52,906▲
Gross operating margin9900-€41,484-€28,332▲
Operating profit (loss)9901-€84,830-€81,238▲
Financial income75/76B€2.5m€3.8m▲
Recurring financial income75€2.5m€3.8m▲
Financial charges65/66B€349,990€272,107▼
Recurring financial charges65€349,990€272,107▼
Profit (loss) for the period before taxes9903€2.1m€3.5m▲
Income taxes67/77€337,825€486,443▲
Profit (loss) for the period9904€1.7m€3.0m▲
Profit (loss) for the period to be appropriated9905€1.7m€3.0m▲
Appropriation of the result
Profit (loss) to be appropriated9906€55.9m€58.9m▲
Profit (loss) brought forward from the previous period14P€54.2m€55.9m▲

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20202021202220232024Change
Other operating charges640/8-€979€980€43,346€52,906▲ 22.1%
Gross operating margin9900-€48,235-€70,864-€88,015-€41,484-€28,332▲ 31.7%
Operating profit (loss)9901-€49,212-€71,843-€88,995-€84,830-€81,238▲ 4.2%
Financial income75/76B-€1.6m€1.8m€2.5m€3.8m▲ 52.4%
Recurring financial income75€27.5m€1.6m€1.8m€2.5m€3.8m▲ 52.4%
Financial charges65/66B-€307,261€342,806€349,990€272,107▼ 22.3%
Recurring financial charges65€105,552€307,261€342,806€349,990€272,107▼ 22.3%
Profit (loss) for the period before taxes9903€27.3m€1.2m€1.3m€2.1m€3.5m▲ 67.4%
Income taxes67/77€2.5m€292,151€256,523€337,825€486,443▲ 44.0%
Profit (loss) for the period9904€24.8m€923,340€1.1m€1.7m€3.0m▲ 71.9%
Profit (loss) for the period to be appropriated9905€24.8m€923,340€1.1m€1.7m€3.0m▲ 71.9%
Line20202021202220232024Change
Assets
Total assets20/58€84.8m€86.2m€84.9m€85.3m€88.6m▲ 3.8%
Fixed assets21/28€7.4m€10.0m€13.2m€15.2m€14.9m▼ 2.5%
Tangible fixed assets22/27€47,500€81,700€316,700€341,000€341,000=
Furniture and vehicles24-€81,700€316,700€341,000€341,000=
Financial fixed assets28€7.4m€9.9m€12.9m€14.9m€14.5m▼ 2.6%
Current assets29/58€77.4m€76.2m€71.7m€70.1m€73.7m▲ 5.2%
Amounts receivable after more than one year29--€2.5m€2.5m€2.0m▼ 16.9%
Other amounts receivable291--€2.5m€2.5m€2.0m▼ 16.9%
Amounts receivable within one year40/41€14.7m€20.7m€21.0m€22.4m€23.5m▲ 4.9%
Trade receivables40-€325,015€325,015€325,015€325,015=
Other amounts receivable41-€20.4m€20.7m€22.1m€23.2m▲ 4.9%
Current investments50/53€37.7m€42.0m€43.1m€42.7m€44.2m▲ 3.4%
Cash at bank and in hand54/58€24.9m€13.4m€4.9m€1.8m€3.0m▲ 67.6%
Deferred charges and accrued income490/1-€76,082€250,851€737,118€1.0m▲ 39.3%
Equity and liabilities
Total equity and liabilities10/49€84.8m€86.2m€84.9m€85.3m€88.6m▲ 3.8%
Equity10/15€76.2m€77.1m€78.2m€79.9m€82.9m▲ 3.7%
Contributions10/11-€18,600€18,600€18,600€18,600=
Reserves13€24.0m€24.0m€24.0m€24.0m€24.0m=
Non-distributable reserves130/1-€1,860€1,860---
Reserves not available under the articles1311-€1,860€1,860---
Distributable reserves133-€24.0m€24.0m€24.0m€24.0m=
Profit (loss) carried forward14€52.2m€53.1m€54.2m€55.9m€58.9m▲ 5.3%
Amounts payable17/49€8.7m€9.1m€6.7m€5.4m€5.7m▲ 4.7%
Amounts payable within one year42/48€8.6m€8.8m€6.5m€5.2m€5.4m▲ 5.0%
Trade debts44--€1,982€1,982€1,982=
Suppliers440/4--€1,982€1,982€1,982=
Taxes, remuneration and social security45-€2.6m€49,432€80,962€68,000▼ 16.0%
Taxes450/3-€2.6m€49,432€80,962€68,000▼ 16.0%
Other amounts payable47/48-€6.3m€6.4m€5.1m€5.3m▲ 5.4%
Accrued charges and deferred income492/3-€242,464€249,968€266,703€260,044▼ 2.5%
Line20202021202220232024Change
Profit (loss) for the period9904€24.8m€923,340€1.1m€1.7m€3.0m▲ 71.9%
Operating cash flow (approximation)€24.8m€923,340€1.1m€1.7m€3.0m▲ 71.9%
Investment in fixed assets (approximation)--€2.5m-€3.3m-€2.0m€388,519▲ 119%
Change in cash--€11.6m-€8.5m-€3.1m€1.2m▲ 139%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Timeline · acts, filings and financial milestones

2025
21-10
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema · 82 days late
2024
07-10
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema · 68 days late
2023
20-10
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema · 81 days late
2022
18-10
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 79 days late
2021
29-10
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 90 days late
2020
31-12
Financial Highest result since 2018net €24.8m ▲21,984%
Net result €24.8m, the highest in the series.
19-11
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 111 days late
2019
31-12
Financial Weakest financial yearnet €112,338 ▼48.4%
Net result drops to €112,338, the lowest in the series; recovery starts the following year.
30-09
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema · 61 days late
2018
25-09
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema · 56 days late
2017
28-09
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema · 59 days late
2016
30-08
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts

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.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
4 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, Ieper · 1 establishment unit since 2011
seat establishment The establishment unit on the map
Ground area
1.4 ha
Building footprint
472 m²
Volume, LiDAR
1,565 m³
Parcel 33036B0494/00X000, Flanders · tallest building 5.9 m, ±1 floor. Linked by address, not a title deed.
6 companies at this address See who is registered here
1 establishment unit
BRUMEX
Waterstraat 30, 8902 IeperFinancial service activities, except insurance and pension funding
since 20112.194.921.344
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
33036B0494/00X000 Flanders 1.4 ha 1 · 472 m² 5.9 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.

Recognitions · licences · registrations

Legal Entity Identifier

254900F3SIPOX1LABE67
live in the LEI register

Identification & contact

Identification
Legal formPrivate limited company
Founded19-11-2010
Fiscal year end31-12
E-invoicing
Reachable via Peppol
Peppol ID 0208:0831214477
Also 9925:BE0831214477
Registered 19-12-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 28 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.