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BRUNET

Active Public limited companyfounded 1987active for 38 yearsChaussée de Philippeville,Mar. 60, 5660 CouvinKBO/BCE: BE 0432.757.877 subsidiary of BOSCO#4 company by total assets in Couvin, Manufacturing sector

Lifetime

20 annual accounts with figures on one time axis, 38 filings since 1988
peak €2.2m (2023)
€1.9m▼ 12.3%
lowest -€560,155 (2013)
€2,775▼ 98.2%
peak €1.7m (2011)
€1.3m▼ 0.2%
€1.7m▲ 4.9%
peak 32.9 FTE (2009)
25.2 FTE 
Board6 names since 2019
2 directorsBOSCO and 1 other
Owners
100%BOSCO
Documentsfilings and deeds
11-08-202611 days late
2025financial year
Gross margin from €2.2m to €1.9mResult from €152,240 to €2,775

Key points

from the 2025 annual accounts

Equity

€1.3m ▼ 0.2%

BRUNET has made a profit without a break since 2017.

Result

€2,775 ▼ 98.2%
€152,0002024€2,7702025

The result fell in 2025 from €152,240 to €2,775.

Turnover

≈ €3.2m estimated

The accounts state no turnover.

Staff

23 employees on 31-12-2025
14820212225202210102024662025

In 2025, 6 people joined and 6 left.

Filings

38 annual accounts since 1988
AprilJune31 JulyOctober1990200020102020

Six of the last ten came late. The 2023 accounts came latest: 307 days after the end of the period.

Board

1 left

A director left. Latest change 10-02-2026 · 1 in office.

Checked score

82
Excellent
Financially stronger than 54% of small companies in wood and cork (NACE 16)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.5% Low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.2% across 166 companies (NACE 16, small).

About 5 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 1.2% 01-2025: 1.2%● unchanged vs 12-2024 02-2025: 1.2%● unchanged vs 01-2025 03-2025: 1.4%▲ +0.2 percentage points vs 02-2025 04-2025: 1.4%● unchanged vs 03-2025 05-2025: 1.4%● unchanged vs 04-2025 06-2025: 1.3%▼ -0.1 percentage points vs 05-2025 07-2025: 1.5%▲ +0.2 percentage points vs 06-2025 08-2025: 2.4%▲ +0.9 percentage points vs 07-2025highest value 09-2025: 0.1%▼ -2.3 percentage points vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025lowest value 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.2%▲ +0.1 percentage points vs 02-2026 04-2026: 0.2%● unchanged vs 03-2026 05-2026: 0.2%● unchanged vs 04-2026 06-2026: 0.2%● unchanged vs 05-2026 07-2026: 0.3%▲ +0.1 percentage points vs 06-2026 08-2026: 0.7%▲ +0.4 percentage points vs 07-2026 09-2026: 0.5%▼ -0.2 percentage points vs 08-2026 10-2026: 0.5%● unchanged vs 09-2026 11-2026: 0.5%● unchanged vs 10-2026

Financial strength
Strong

66-2equity 41.5% of total assets
64+2short-term debt 41.3% · cash 26.6%
69-6return on assets 0.1%

Score breakdown

raises risk
Judicial reorganisation on record (1 publication, latest 05-01-2015)
Last filed accounts filed 11 days late; 1 of the last 3 accounts late
lowers risk
Liquidity: current ratio 1.43, cash €827,090
Founded in 1987
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

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%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 16, small). It does better than 42% of them on solvency, 82% on liquidity, 55% on profitability and 36% on growth.

The bankruptcy probability was computed on 09-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Comparable companies, two years later

In July 2024, 14,766 companies had the same profile as BRUNET has now. Each dot stands for 37 companies, two years later.

96.2%
were still trading
3.5%
stopped another way
0.2%
went bankrupt
  • Small
  • 20 years or older
  • solvency 30% or more
  • a profit under 5% of the balance sheet

Another 0.1% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of BRUNET itself: 0.5% within 12 months.

Test of the method

The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 14,766 companies, not a prediction for BRUNET. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

Credit of up to €100,000 on 30-day terms, only on tighter conditions: judicial reorganisation (WER Book XX) on file

Liquidity is tight, with a current ratio of 1.43 (1.35 in 2024), below the usual 1.5. Short-term debt is 41.3% and cash 26.6% of total assets. 58.5% of the assets are financed with debt and provisions.

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises risk
raises risk · Judicial reorganisation on record (1 publication, latest 05-01-2015)
Belgian Official Gazette
lowers risk · Liquidity: current ratio 1.43, cash €827,090
NBB · annual accounts
lowers risk · Founded in 1987
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Last filed accounts filed 11 days late; 1 of the last 3 accounts late
NBB · filings
raises risk · 2025 accounts filed 11 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 11-08-2026, 11 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
11 days late
2024
25 days late
2023
307 days late
2022
41 days early
2021
30 days late
2020
135 days early
2019
59 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 37 days after the deadline. In the sector (NACE 16), the median for financial year 2024 was 3 days before the deadline, and 37% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 25 August (4 of the last 5 accounts filed within 66 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

B
Director, BRUNET Julien, since 04-08-2022
  • BOSCO 100%score 63equity €226,245 (2025) · 2025 annual accounts of BOSCO
Board & ownership

Recent changes

Resignation: LENOIR Eddy (director) General meeting of 10-02-2026 · Gazette deed
Registered in the Peppol Directory Reachable for e-invoices through 0208:0432757877
Merger: BRUNET takes over BRUNET HOLDING Capital after the increase: €62,500 · Capital after the increase: €237,415.05, 140 new shares · General meeting of 29-06-2023 · Gazette deed
Merger proposal: BRUNET SA takes over BRUNET HOLDING Permanent representative: Julien Brunet · The company holds all the shares of BRUNET HOLDING · Gazette deed
All 57 events

Comparable companies

same main activity, similar in size and age
Company
BRUNET Couvin €3.1m €1.9m 41.5% 25.2
HOUTBEDRIJF DIERICK Nazareth-De Pinte €3.2m €2.1m 59.7% 25.1
LYNEN INDUSTRIAL CARPENTRY Heusden-Zolder €5.1m €1.5m 70.4% 21.6
SCHREURS PROJECT Oudsbergen €1.9m €1.4m 22.2% 21.4
BELGO GARANT Westerlo €4.5m €1.3m 17.8% 18.3
HOUTBUIGERIJ G. DESMET Menen €6.1m €2.0m 27.9% 32.4
D.D.S. VERPAKKINGEN Oudenaarde €4.2m €1.6m 84.6% 14.3

These companies have the same main activity as BRUNET: sawmilling and planing of wood (NACE 16110). They are comparable in size and age: total assets between €1.9m and €6.1m, founded between 1985 and 1990.

Official details

Source: KBO
Status
Active since 01-12-1987Normal situation
Activity
Sawmilling and planing of woodNACE 16110and 6 others
Joint committee
126Furnishing and woodworking · annual accounts 2025
Establishment unit
2.031.930.5615660 Couvin, since 24-12-1987
Financial year end
31 December
Peppol
Reachable since 24-10-2025
Company details

Annual accounts 2025

€3.1m▲ 2.6%
Employeeson 31-12-2025
23▼ 4.2%
Filing
Filed on 11-08-2026
Financials

Insights on BRUNET

BRUNET has existed since 1987. The gross margin grew from €1.1m in 2006 to €1.9m in 2025.

BOSCO holds all the shares.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about BRUNET

What is the company number of BRUNET?
The company number of BRUNET is 0432.757.877. The VAT number is the same number with BE in front: BE 0432.757.877.
Where is BRUNET based?
The registered office is at Chaussée de Philippeville,Mar. 60, 5660 Couvin.Company details
What does BRUNET do?
According to the KBO register, the main activity is sawmilling and planing of wood (NACE 16110).
What is the legal form of BRUNET?
BRUNET is a public limited company (NV).
When was BRUNET founded?
BRUNET was founded on 01-12-1987.
Is BRUNET still active?
Yes, BRUNET is an active enterprise in the KBO register.
How many employees does BRUNET have?
BRUNET had an average of 25.2 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does BRUNET fall under?
In its 2025 annual accounts, BRUNET states joint committee 126 (Furnishing and woodworking).
What is the turnover of BRUNET?
The turnover in financial year 2025 is ≈ €3.2m. This figure is estimated from the gross margin of €1.9m and 1,585 comparable companies of the same size. It probably lies between €2.2m and €5.3m. It is a rough estimate.
Is BRUNET profitable?
In financial year 2025, BRUNET made a profit of €2,775.
Where can I find the annual accounts of BRUNET?
BRUNET filed 38 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of BRUNET due?
BRUNET must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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