BRUNFAUT
ActiveSummary
BRUNFAUT has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €140,330 and a net result of €41,933. Equity is growing by ~39.8% per year across the filed fiscal years. Its solvency ranks better than 44% of 36378 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability84▲+6
Solvency67▲+3
Growth78=
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €8,000 at 30 days only on tighter terms
Liquidity ample (current ratio 1.97 against 1.92 in 2023; short-term debt: 46.9% and cash: 14.5% of total assets), but 58.4% of the assets are financed with debt.
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Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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 27-11-2025, 119 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 · 10 filingsDeviation from the deadline
2025
not confirmed
2024
119 d late
2023
152 d late
2022
153 d late
2021
151 d late
2020
61 d late
2019
153 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 132 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Equity
€140,330▲ 26.0%
2023 · €111,398
Total assets
€337,415▲ 19.5%
2023 · €282,305
Net result
€41,933▲ 105%
2023 · €20,470
Working capital
€153,145▲ 25.1%
2023 · €122,372
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€51,509▲ 122%€39,951▼ 22.4%€46,172▲ 15.6%€34,373▼ 25.6%€55,292▲ 60.9%
Net result€41,734above the sector's middle half€23,008within the sector's middle half▼ 44.9%€28,850above the sector's middle half▲ 25.4%€20,470within the sector's middle half▼ 29.0%€41,933above the sector's middle half▲ 105%
Equity€39,071within the sector's middle half€62,078within the sector's middle half▲ 58.9%€90,928within the sector's middle half▲ 46.5%€111,398within the sector's middle half▲ 22.5%€140,330above the sector's middle half▲ 26.0%
Total assets€112,049within the sector's middle half▲ 42.8%€150,786within the sector's middle half▲ 34.6%€278,948within the sector's middle half▲ 85.0%€282,305within the sector's middle half▲ 1.2%€337,415above the sector's middle half▲ 19.5%
Debt€72,978▼ 10.1%€88,708▲ 21.6%€188,020▲ 112%€170,907▼ 9.1%€197,085▲ 15.3%
Working capital€40,761within the sector's middle half▲ 6,880%€72,155within the sector's middle half▲ 77.0%€127,070above the sector's middle half▲ 76.1%€122,372above the sector's middle half▼ 3.7%€153,145above the sector's middle half▲ 25.1%
Solvency34.9%within the sector's middle half▲ 38.3pp41.2%within the sector's middle half▲ 6.3pp32.6%within the sector's middle half▼ 8.6pp39.5%within the sector's middle half▲ 6.9pp41.6%within the sector's middle half▲ 2.1pp
Current ratio1.58within the sector's middle half▲ 0.571.93within the sector's middle half▲ 0.351.85within the sector's middle half▼ 0.081.92within the sector's middle half▲ 0.071.97within the sector's middle half▲ 0.05
Return on assets (ROA)37.2%above the sector's middle half▲ 39.2pp15.3%within the sector's middle half▼ 22.0pp10.3%within the sector's middle half▼ 4.9pp7.3%within the sector's middle half▼ 3.1pp12.4%within the sector's middle half▲ 5.2pp
above
within
below
the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 61% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €337,415
Fixed assets
€26,185 ▼ 1.8%
Current assets
€311,230 ▲ 21.7%
Equity and liabilities €337,415
Equity
€140,330 ▲ 26.0%
Debt
€197,085 ▲ 15.3%
Debt's share of the balance-sheet total falls from 60.5% to 58.4%. Equity and debt are higher.
Key figures and ratios
EBITDA
€62,536▲
2023 · €39,821
Cash flow
€49,177▲
2023 · €25,918
Quick ratio
1.94▲
2023 · 1.88
Debt to equity
1.40▼
2023 · 1.53
ROE
29.9%▲
2023 · 18.4%
Interest coverage
16.99▲
2023 · 6.43
Debt ≤ 1 year
€158,085▲
2023 · €133,271
Debt > 1 year
€25,200▼
2023 · €25,889
Income taxes
€9,678▲
2023 · €7,878
Staff costs
€392▼
2023 · €1,198
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 31,371 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 93% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.5%
went bankrupt
5.9%
stopped otherwise
93%
still going
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 0.9% 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 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% 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 31,371 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
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | €1,198 | €392 | ▼ 67.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €6,798 | €211 | €439 | €5,448 | €7,244 | ▲ 33.0% |
| Other operating charges640/8 | - | €2,181 | €2,219 | €1,220 | €2,457 | ▲ 101% |
| Gross operating margin9900 | €59,185 | €42,343 | €48,830 | €42,239 | €65,385 | ▲ 54.8% |
| Operating profit (loss)9901 | €51,509 | €39,951 | €46,172 | €34,373 | €55,292 | ▲ 60.9% |
| Financial income75/76B | - | - | €64 | €171 | - | - |
| Recurring financial income75 | - | - | €64 | €171 | - | - |
| Financial charges65/66B | - | €1,874 | €2,622 | €6,196 | €3,681 | ▼ 40.6% |
| Recurring financial charges65 | €585 | €1,874 | €2,622 | €6,196 | €3,681 | ▼ 40.6% |
| Profit (loss) for the period before taxes9903 | €50,924 | €38,077 | €43,614 | €28,348 | €51,611 | ▲ 82.1% |
| Income taxes67/77 | €9,190 | €15,069 | €14,764 | €7,878 | €9,678 | ▲ 22.8% |
| Profit (loss) for the period9904 | €41,734 | €23,008 | €28,850 | €20,470 | €41,933 | ▲ 105% |
| Profit (loss) for the period to be appropriated9905 | €41,734 | €23,008 | €28,850 | €20,470 | €41,933 | ▲ 105% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €112,049 | €150,786 | €278,948 | €282,305 | €337,415 | ▲ 19.5% |
| Fixed assets21/28 | €1,116 | €1,052 | €1,746 | €26,662 | €26,185 | ▼ 1.8% |
| Tangible fixed assets22/27 | €116 | €1,052 | €1,746 | €26,662 | €26,185 | ▼ 1.8% |
| Plant, machinery and equipment23 | - | €994 | €1,746 | €26,662 | €22,264 | ▼ 16.5% |
| Furniture and vehicles24 | - | €58 | - | - | €3,921 | - |
| Financial fixed assets28 | €1,000 | €0 | - | - | - | - |
| Current assets29/58 | €110,933 | €149,734 | €277,202 | €255,643 | €311,230 | ▲ 21.7% |
| Stocks and contracts in progress3 | €5,000 | €5,000 | €5,000 | €5,000 | €5,000 | = |
| Stocks30/36 | - | €5,000 | €5,000 | €5,000 | €5,000 | = |
| Amounts receivable within one year40/41 | €86,750 | €130,589 | €265,554 | €236,312 | €257,300 | ▲ 8.9% |
| Trade receivables40 | - | €115,921 | €245,401 | €236,312 | €257,300 | ▲ 8.9% |
| Other amounts receivable41 | - | €14,668 | €20,153 | - | - | - |
| Cash at bank and in hand54/58 | €19,183 | €14,145 | €6,648 | €14,331 | €48,930 | ▲ 241% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €112,049 | €150,786 | €278,948 | €282,305 | €337,415 | ▲ 19.5% |
| Equity10/15 | €39,071 | €62,078 | €90,928 | €111,398 | €140,330 | ▲ 26.0% |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €18,978 | €40,978 | €68,978 | €88,978 | €115,978 | ▲ 30.3% |
| Non-distributable reserves130/1 | - | €33,860 | €61,860 | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Other1319 | - | €32,000 | €60,000 | - | - | - |
| Distributable reserves133 | - | €7,118 | €7,118 | €87,118 | €114,118 | ▲ 31.0% |
| Profit (loss) carried forward14 | €1,493 | €2,500 | €3,350 | €3,820 | €5,752 | ▲ 50.6% |
| Amounts payable17/49 | €72,978 | €88,708 | €188,020 | €170,907 | €197,085 | ▲ 15.3% |
| Amounts payable after more than one year17 | €2,806 | €2,180 | €26,541 | €25,889 | €25,200 | ▼ 2.7% |
| Financial debts170/4 | - | €2,180 | €26,541 | €25,889 | €25,200 | ▼ 2.7% |
| Amounts payable within one year42/48 | €70,172 | €77,579 | €150,132 | €133,271 | €158,085 | ▲ 18.6% |
| Current portion of amounts payable after more than one year42 | - | €625 | €639 | €652 | €35,665 | ▲ 5,370% |
| Financial debts43 | - | - | - | €35,000 | - | - |
| Credit institutions430/8 | - | - | - | €35,000 | - | - |
| Trade debts44 | €8,651 | €12,068 | €66,151 | €25,113 | €65,480 | ▲ 161% |
| Suppliers440/4 | - | €12,068 | €66,151 | €25,113 | €65,480 | ▲ 161% |
| Taxes, remuneration and social security45 | - | €22,509 | €28,053 | €30,282 | €9,550 | ▼ 68.5% |
| Taxes450/3 | - | €22,509 | €28,053 | €30,282 | €9,550 | ▼ 68.5% |
| Other amounts payable47/48 | - | €42,377 | €55,289 | €42,224 | €47,390 | ▲ 12.2% |
| Accrued charges and deferred income492/3 | - | €8,949 | €11,347 | €11,747 | €13,800 | ▲ 17.5% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €41,734 | €23,008 | €28,850 | €20,470 | €41,933 | ▲ 105% |
| + Depreciation and write-downs630 | €6,798 | €211 | €439 | €5,448 | €7,244 | ▲ 33.0% |
| Operating cash flow (approximation) | €48,532 | €23,219 | €29,289 | €25,918 | €49,177 | ▲ 89.7% |
| Investment in fixed assets (approximation) | - | -€147 | -€1,133 | -€30,364 | -€6,767 | ▲ 77.7% |
| Change in cash | - | -€5,038 | -€7,497 | €7,683 | €34,599 | ▲ 350% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
27-11
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 119 days late
2024
31-12
Financial
Highest result since 2018net €41,933 ▲105%
Operating result €55,292, net result €41,933, both a record.
30-12
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 152 days late
2023
31-12
Financial
Equity above €100,000Eq €111,398 ▲22.5%
4 profitable years in a row build equity to €111,398.
31-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 153 days late
2022
29-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 151 days late
2021
30-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 61 days late
2020
31-12
Financial
Back to profitnet €41,734
Net result €41,734 after one loss-making year.
31-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 153 days late
23-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 358 days late
2019
31-12
Financial
Weakest financial yearnet -€1,516
Net result drops to -€1,516, the lowest in the series; recovery starts the following year.
27-02
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 211 days late
2017
28-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
29-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 29 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
Location & real-estate footprint
Registered office, Maarkedal · 1 establishment unit since 2006
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.
Hof te Fiennestraat (ETKH) 189680 Maarkedal1 establishment unit
BRUNFAUT
since 20062.155.354.945
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Of 153 companies in sector 43342 we hold annual accounts for 67. 49 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded30-06-2006
Fiscal year end31-12
Activities, NACEBEL 2025
43342Specialised construction activities
46711Wholesale of cars and light vans (up to 3.5 tonnes)
95311General maintenance and repair of cars and light vans (up to 3.5 tonnes)
95314Bodywork repair (including spraying and painting)
E-invoicing
Reachable via Peppol
Peppol ID
0208:0882194610
Registered
27-03-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.