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BRUNEEL - COX

Dissolution or liquidation
Private limited companyfounded 1996Brandakkers 4, 2310 Rijkevorsel, BelgiumKBO/BCE: BE 0459.360.821
BRUNEEL - COXDissolution or liquidation

Financials · financial year 2025, micro format

Annual accounts 2025 filed on 01-04-2026 PDF all 29 filings

Turnover
≈ €280,000
Estimated: probably between €150,000 and €530,000
Total assets
€208,102▼ 24.9%
2024 · €276,957
Net result
€4,541▼ 90.2%
2024 · €46,511
Working capital
€140,317▲ 4.9%
2024 · €133,726
Trend over the years

2021 to 2025, 5 financial years 2019 to 2025, 7 financial years

The operating result for 2025 is 92% lower than in 2024.

Operating result€5,284 2025 Net result€4,541 2025

Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.

Use the arrow keys on the chart for the figures per year.

The sector band is the middle half of the companies in Wholesale trade (NACE 46). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio, return on assets (ROA) and staff (FTE).

Every figure with its change against the financial year before
favourable unfavourable
Line2019202020212022202320242025
Operating result€62,565-€57,705▼ 7.8%-€172,005€163,459€9,626▼ 94.1%€64,643▲ 572%€5,284▼ 91.8%
Net result€41,000-€37,875within the sector's middle half▼ 7.6%-€172,854below the sector's middle half€165,229within the sector's middle half€7,095within the sector's middle half▼ 95.7%€46,511within the sector's middle half▲ 556%€4,541within the sector's middle half▼ 90.2%
Equity€189,561-€224,077within the sector's middle half▲ 18.2%€47,864below the sector's middle half▼ 78.6%€209,733within the sector's middle half▲ 338%€112,240below the sector's middle half▼ 46.5%€155,392within the sector's middle half▲ 38.4%€156,574within the sector's middle half▲ 0.8%
Total assets€417,718-€535,330within the sector's middle half▲ 28.2%€370,972below the sector's middle half▼ 30.7%€594,649below the sector's middle half▲ 60.3%€368,486below the sector's middle half▼ 38.0%€276,957below the sector's middle half▼ 24.8%€208,102within the sector's middle half▼ 24.9%
Debt€228,157-€311,253▲ 36.4%€323,108▲ 3.8%€384,915▲ 19.1%€256,245▼ 33.4%€121,564▼ 52.6%€51,528▼ 57.6%
Working capital€116,205-€134,733within the sector's middle half▲ 15.9%-€14,319below the sector's middle half€166,389within the sector's middle half€80,166within the sector's middle half▼ 51.8%€133,726within the sector's middle half▲ 66.8%€140,317above the sector's middle half▲ 4.9%
Solvency45.4%-41.9%within the sector's middle half▼ 3.5pp12.9%below the sector's middle half▼ 29.0pp35.3%within the sector's middle half▲ 22.4pp30.5%within the sector's middle half▼ 4.8pp56.1%within the sector's middle half▲ 25.6pp75.2%above the sector's middle half▲ 19.1pp
Current ratio1.86-1.59within the sector's middle half▼ 0.280.94below the sector's middle half▼ 0.651.51within the sector's middle half▲ 0.571.39within the sector's middle half▼ 0.122.56within the sector's middle half▲ 1.175.99above the sector's middle half▲ 3.43
Return on assets (ROA)9.8%-7.1%within the sector's middle half▼ 2.7pp-46.6%below the sector's middle half▼ 53.7pp27.8%above the sector's middle half▲ 74.4pp1.9%within the sector's middle half▼ 25.9pp16.8%above the sector's middle half▲ 14.9pp2.2%within the sector's middle half▼ 14.6pp
Staff (FTE)0.5below the sector's middle half0.6below the sector's middle half▲ 20.0%0.2▼ 66.7%
above within below The sector band is the middle half of the companies in Wholesale trade (NACE 46). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin are not published. The abbreviated or micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €208,102
Fixed assets €39,642 ▼ 30.8%
Current assets €168,460 ▼ 23.3%
Equity and liabilities €208,102
Equity €156,574 ▲ 0.8%
Debt €51,528 ▼ 57.6%
Debt's share of the balance-sheet total falls from 43.9% to 24.8%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€22,966▼
2024 · €87,618
Cash flow
€22,223▼
2024 · €69,486
Quick ratio
5.97▲
2024 · 2.42
Debt to equity
0.33▼
2024 · 0.78
ROE
2.9%▼
2024 · 29.9%
Interest coverage
7.76▼
2024 · 21.76
Debt ≤ 1 year
€28,143▼
2024 · €85,906
Debt > 1 year
€23,000▼
2024 · €34,500
Income taxes
€1,149▼
2024 · €17,903
Staff costs
€14,978▼
2024 · €28,926
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.

Staff

social balance sheet
Item30-09-202330-09-202430-09-2025
Employees at the balance-sheet date11-
full-time-0-
part-time11-
in full-time equivalents0.60.6-
Average over the year, in full-time equivalents0.50.60.1
On a permanent contract11-
Joined1-0
Left0-1

Source: social balance sheet in the 2023 to 2025 annual accounts

Securities and guarantees

on own assets and for others
Item30-09-202130-09-202230-09-202330-09-202430-09-2025
Debts secured on the company's own assets€80,500€69,000€57,500--

Source: notes to the 2021 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)

Investments

fixed assets acquired
Item30-09-202130-09-202230-09-202330-09-202430-09-2025
Tangible fixed assets--€2,791--
Depreciation and write-downs of the year€40,612€29,133€24,541€22,975€17,682

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Subsidies and aid

Flemish government

2023 · 1 entry · €600 awarded · €1,200 paid
Schemes
1 entry · €600 · €1,200 paid · Fonds voor Innoveren en Ondernemen
Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 57 lines

Source: Annual accounts 2025 (PDF), filed on 01-04-2026.

Balance sheet Code20242025
Assets
Total assets20/58€276,957€208,102▼
Fixed assets21/28€57,324€39,642▼
Tangible fixed assets22/27€57,324€39,642▼
Land and buildings22€45,701€30,467▼
Plant, machinery and equipment23€2,173€1,615▼
Furniture and vehicles24€9,450€7,560▼
Current assets29/58€219,632€168,460▼
Stocks and contracts in progress3€11,544€375▼
Stocks30/36€11,544€375▼
Amounts receivable within one year40/41€109,342€24,684▼
Trade receivables40€89,260€20,684▼
Other amounts receivable41€20,081€4,000▼
Cash at bank and in hand54/58€93,127€140,959▲
Deferred charges and accrued income490/1€5,620€2,441▼
Equity and liabilities
Total equity and liabilities10/49€276,957€208,102▼
Equity10/15€155,392€156,574▲
Contributions10/11€18,600€18,600=
Reserves13€126,715€131,256▲
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Distributable reserves133€126,715€131,256▲
Profit (loss) carried forward14€0-
Investment grants15€10,077€6,718▼
Amounts payable17/49€121,564€51,528▼
Amounts payable after more than one year17€34,500€23,000▼
Financial debts170/4€34,500€23,000▼
Amounts payable within one year42/48€85,906€28,143▼
Current portion of amounts payable after more than one year42€11,500€11,500=
Trade debts44€53,503€3,718▼
Suppliers440/4€53,503€3,718▼
Taxes, remuneration and social security45€8,275€4,598▼
Taxes450/3€2,923€4,598▲
Remuneration and social security454/9€5,352€0▼
Other amounts payable47/48€12,628€8,327▼
Accrued charges and deferred income492/3€1,158€385▼
Income statement Code20242025
Non-recurring operating income76A-€5,000
Remuneration, social security and pensions62€28,926€14,978▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€22,975€17,682▼
Other operating charges640/8€1,079€5,077▲
Gross operating margin9900€117,623€43,022▼
Operating profit (loss)9901€64,643€5,284▼
Financial income75/76B€3,798€3,364▼
Recurring financial income75€3,798€3,364▼
Financial charges65/66B€4,027€2,958▼
Recurring financial charges65€4,027€2,958▼
Profit (loss) for the period before taxes9903€64,414€5,690▼
Income taxes67/77€17,903€1,149▼
Profit (loss) for the period9904€46,511€4,541▼
Profit (loss) for the period to be appropriated9905€46,511€4,541▼
Appropriation of the result
Profit (loss) to be appropriated9906€45,980€4,541▼
Profit (loss) brought forward from the previous period14P-€531€0▲
Transfer from equity791/2€0-
Transfer to equity691/2€45,980€4,541▼
To other reserves6921€45,980€4,541▼
Profit to be distributed694/7€0-
Return on contributions (dividend)694€0-
Social balance sheet
Average headcount (FTE)90870.6-

The notes to these accounts have 9 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).

Line2019202020212022202320242025Change
Non-recurring operating income76A---€2,370--€5,000-
Remuneration, social security and pensions62----€18,459€28,926€14,978▼ 48.2%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€37,374€40,636€40,612€29,133€24,541€22,975€17,682▼ 23.0%
Other operating charges640/8--€572€1,201€1,128€1,079€5,077▲ 370%
Gross operating margin9900€100,507€99,090-€130,822€193,793€53,755€117,623€43,022▼ 63.4%
Operating profit (loss)9901€62,565€57,705-€172,005€163,459€9,626€64,643€5,284▼ 91.8%
Financial income75/76B--€7,032€3,955€3,483€3,798€3,364▼ 11.4%
Recurring financial income75€3,421€3,617€7,032€3,955€3,483€3,798€3,364▼ 11.4%
Financial charges65/66B--€7,881€2,186€6,014€4,027€2,958▼ 26.5%
Recurring financial charges65€4,670€4,831€7,881€2,186€6,014€4,027€2,958▼ 26.5%
Profit (loss) for the period before taxes9903€63,143€56,491-€172,854€165,229€7,095€64,414€5,690▼ 91.2%
Income taxes67/77€22,143€18,616---€17,903€1,149▼ 93.6%
Profit (loss) for the period9904€41,000€37,875-€172,854€165,229€7,095€46,511€4,541▼ 90.2%
Profit (loss) for the period to be appropriated9905€41,000€37,875-€172,854€165,229€7,095€46,511€4,541▼ 90.2%
Line2019202020212022202320242025Change
Assets
Total assets20/58€417,718€535,330€370,972€594,649€368,486€276,957€208,102▼ 24.9%
Fixed assets21/28€167,066€171,795€131,183€102,050€80,299€57,324€39,642▼ 30.8%
Tangible fixed assets22/27€167,066€171,795€131,183€102,050€80,299€57,324€39,642▼ 30.8%
Land and buildings22--€91,403€76,169€60,935€45,701€30,467▼ 33.3%
Plant, machinery and equipment23--€15,960€6,851€5,124€2,173€1,615▼ 25.7%
Furniture and vehicles24--€23,820€19,030€14,240€9,450€7,560▼ 20.0%
Current assets29/58€250,652€363,535€239,789€492,599€288,186€219,632€168,460▼ 23.3%
Stocks and contracts in progress3€3,505€3,453€18,531€6,291€14,672€11,544€375▼ 96.8%
Stocks30/36--€18,531€6,291€14,672€11,544€375▼ 96.8%
Amounts receivable within one year40/41€151,935€178,109€144,241€428,156€230,857€109,342€24,684▼ 77.4%
Trade receivables40--€127,529€409,718€185,611€89,260€20,684▼ 76.8%
Other amounts receivable41--€16,713€18,438€45,246€20,081€4,000▼ 80.1%
Cash at bank and in hand54/58€90,977€179,458€74,507€53,090€37,748€93,127€140,959▲ 51.4%
Deferred charges and accrued income490/1--€2,510€5,062€4,909€5,620€2,441▼ 56.6%
Equity and liabilities
Total equity and liabilities10/49€417,718€535,330€370,972€594,649€368,486€276,957€208,102▼ 24.9%
Equity10/15€189,561€224,077€47,864€209,733€112,240€155,392€156,574▲ 0.8%
Contributions10/11€18,600-€18,600€18,600€18,600€18,600€18,600=
Reserves13€144,088€181,963€181,963€181,963€80,735€126,715€131,256▲ 3.6%
Non-distributable reserves130/1--€1,860€1,860€1,860€0--
Reserves not available under the articles1311--€1,860€1,860€1,860€0--
Distributable reserves133--€180,103€180,103€78,875€126,715€131,256▲ 3.6%
Profit (loss) carried forward14---€172,854-€7,625-€531€0--
Investment grants15--€20,154€16,795€13,436€10,077€6,718▼ 33.3%
Amounts payable17/49€228,157€311,253€323,108€384,915€256,245€121,564€51,528▼ 57.6%
Amounts payable after more than one year17€92,000€80,500€69,000€57,500€46,000€34,500€23,000▼ 33.3%
Financial debts170/4--€69,000€57,500€46,000€34,500€23,000▼ 33.3%
Amounts payable within one year42/48€134,446€228,802€254,108€326,210€208,021€85,906€28,143▼ 67.2%
Current portion of amounts payable after more than one year42--€11,500€11,500€11,500€11,500€11,500=
Trade debts44€36,277€112,900€148,074€236,963€81,627€53,503€3,718▼ 93.1%
Suppliers440/4--€148,074€236,963€81,627€53,503€3,718▼ 93.1%
Taxes, remuneration and social security45---€5€9,921€8,275€4,598▼ 44.4%
Taxes450/3---€5€5,855€2,923€4,598▲ 57.3%
Remuneration and social security454/9----€4,067€5,352€0▼ 100%
Other amounts payable47/48--€94,534€77,742€104,972€12,628€8,327▼ 34.1%
Accrued charges and deferred income492/3---€1,206€2,225€1,158€385▼ 66.7%
Line2019202020212022202320242025Change
Profit (loss) for the period9904€41,000€37,875-€172,854€165,229€7,095€46,511€4,541▼ 90.2%
+ Depreciation and write-downs630€37,374€40,636€40,612€29,133€24,541€22,975€17,682▼ 23.0%
Operating cash flow (approximation)€78,374€78,511-€132,242€194,362€31,636€69,486€22,223▼ 68.0%
Investment in fixed assets (approximation)--€45,365€0€0-€2,791€0€0-
Change in cash-€88,481-€104,950-€21,417-€15,342€55,379€47,831▼ 13.6%

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

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Latest 10 of 29 filings with the National Bank
Financial year Type Filed Reference Document
30-09-2025 micro format 01-04-2026 2026-00072805 PDF
30-09-2024 abbreviated format 28-03-2025 2025-00062321 PDF
30-09-2023 abbreviated format 29-03-2024 2024-00057775 PDF
30-09-2022 abbreviated format 17-03-2023 2023-00043748 PDF
30-09-2021 abbreviated format 28-04-2022 2022-20016685 PDF
30-09-2020 abbreviated format 27-04-2021 2021-11600508 PDF
30-09-2019 abbreviated format 14-01-2020 2020-01300036 PDF
30-09-2018 abbreviated format 29-01-2019 2019-02500034 PDF
30-09-2017 abbreviated format 11-01-2018 2018-01000086 PDF
30-09-2016 abbreviated format 06-01-2017 2017-00400458 PDF

Show all 29 filings