Summary
BRUNIM is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €4.7m and a net result of -€1.3m. Equity is shrinking by ~4% per year across the filed fiscal years. Its solvency ranks better than 15% of 2413 sector peers (fiscal year 2025). The company has been active since 1990 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The Checked score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
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Signals
Two signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 15% of 2413 sector peers (2025).
NBB · sector comparisonPosition among 2413 sector peers
Solvency
better than 15%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-07-2026, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
1 d early
2024
7 d early
2023
2 d early
2022
3 d early
2021
11 d early
2020
3 d early
2019
28 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average on the deadline day; the sector median for financial year 2024 is 14 days before the deadline, and 28% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, full schema
In the rankings
#3 oldest company in Aartselaar, Finance and insurance sector#4 company by total assets in Aartselaar, Finance and insurance sector#9 company by equity in Aartselaar, Finance and insurance sector
Equity
€4.7m▼ 21.4%
2024 · €6.0m
Net result
-€1.3m▼ 94.7%
2024 · -€658,402
Total assets
€28.7m▼ 3.8%
2024 · €29.8m
Solvency
16.4%▼ 3.7pp
2024 · 20.1%
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 64, Financial service activities, except insurance and pension funding, 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
Line20212022202320242025
Operating result€287,128▼ 3.4%-€112,907-€86,765▲ 23.2%-€169,707▼ 95.6%-€471,126▼ 178%
Net result€147,831within the sector's middle half▲ 237%-€202,835below the sector's middle half-€707,246below the sector's middle half▼ 249%-€658,402below the sector's middle half▲ 6.9%-€1.3mbelow the sector's middle half▼ 94.7%
Equity€7.6mabove the sector's middle half▲ 2.0%€7.4mabove the sector's middle half▼ 2.7%€6.7mabove the sector's middle half▼ 9.6%€6.0mabove the sector's middle half▼ 10.1%€4.7mwithin the sector's middle half▼ 21.4%
Total assets€27.7mabove the sector's middle half▲ 6.2%€30.1mabove the sector's middle half▲ 8.8%€29.5mabove the sector's middle half▼ 2.2%€29.8mabove the sector's middle half▲ 1.0%€28.7mwithin the sector's middle half▼ 3.8%
Debt€19.7m▲ 7.6%€22.4m▲ 13.4%€22.3m▼ 0.2%€23.6m▲ 5.7%€23.7m▲ 0.7%
Working capital-€17.2m▼ 7.6%-€18.3m▼ 6.5%-€18.8m▼ 2.3%-€20.0m▼ 6.3%-€20.3m▼ 1.5%
Solvency27.3%within the sector's middle half▼ 1.1pp24.5%within the sector's middle half▼ 2.9pp22.6%below the sector's middle half▼ 1.8pp20.1%below the sector's middle half▼ 2.5pp16.4%below the sector's middle half▼ 3.7pp
Staff (FTE)2within the sector's middle half=2within the sector's middle half=3.1above the sector's middle half▲ 55.0%4above the sector's middle half▲ 29.0%4within the sector's middle half=
above
within
below
the middle half (P25 to P75) of NACE 64, Financial service activities, except insurance and pension funding, each year against the same schema; no band under 30 filings.
Why a figure moved sharply
- 2025 Net result -95% on 2024. The accounts now follow the full schema, last year the abbreviated schema.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €471,126 in 2025 against €169,707 in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €28.7m
Fixed assets
€26.1m ▼ 1.1%
Current assets
€2.6m ▼ 25.1%
Equity and liabilities €28.7m
Equity
€4.7m ▼ 21.4%
Provisions
€195,053 ▼ 2.8%
Debt
€23.7m ▲ 0.7%
Debt's share of the balance-sheet total rises from 79.2% to 82.9%. Equity is lower and debt is higher.
Key figures and ratios
ROE
-27.2%▼
2024 · -11.0%
ROA
-4.5%▼
2024 · -2.2%
Debt ≤ 1 year
€22.8m▼
2024 · €23.4m
Income taxes
€119,309▲
2024 · €1,505
Staff costs
€215,926▼
2024 · €216,094
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €126,685 | €122,035 | €183,490 | €216,094 | €215,926 | ▼ 0.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €411,365 | €407,844 | €470,744 | €589,590 | €643,230 | ▲ 9.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | -€10,762 | €104,693 | - | - |
| Other operating charges640/8 | €57,432 | €34,955 | €60,363 | €57,793 | €41,538 | ▼ 28.1% |
| Gross operating margin9900 | €882,610 | €451,928 | €617,070 | €798,463 | €429,568 | ▼ 46.2% |
| Operating profit (loss)9901 | €287,128 | -€112,907 | -€86,765 | -€169,707 | -€471,126 | ▼ 178% |
| Financial income75/76B | €62,271 | €39,497 | €40,918 | €42,426 | €43,919 | ▲ 3.5% |
| Recurring financial income75 | €62,271 | €39,497 | €40,918 | €42,426 | €43,919 | ▲ 3.5% |
| Financial charges65/66B | €109,919 | €131,968 | €572,599 | €844,297 | €741,301 | ▼ 12.2% |
| Recurring financial charges65 | €109,919 | €131,968 | €572,599 | €844,297 | €741,301 | ▼ 12.2% |
| Profit (loss) for the period before taxes9903 | €239,480 | -€205,378 | -€618,446 | -€971,578 | -€1.2m | ▼ 20.3% |
| Transfer from deferred taxes780 | €5,543 | €5,543 | €5,543 | €326,312 | €5,602 | ▼ 98.3% |
| Transfer to deferred taxes680 | €100,415 | - | €94,532 | €11,631 | - | - |
| Income taxes67/77 | -€3,223 | €3,000 | -€189 | €1,505 | €119,309 | ▲ 7,827% |
| Profit (loss) for the period9904 | €147,831 | -€202,835 | -€707,246 | -€658,402 | -€1.3m | ▼ 94.7% |
| Transfer from tax-exempt reserves789 | €16,628 | €16,628 | €16,628 | €912,421 | €16,805 | ▼ 98.2% |
| Transfer to tax-exempt reserves689 | €301,246 | - | €283,595 | €34,892 | - | - |
| Profit (loss) for the period to be appropriated9905 | -€136,786 | -€186,207 | -€974,213 | €219,127 | -€1.3m | ▼ 677% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €27.7m | €30.1m | €29.5m | €29.8m | €28.7m | ▼ 3.8% |
| Fixed assets21/28 | €25.3m | €26.1m | €26.5m | €26.4m | €26.1m | ▼ 1.1% |
| Tangible fixed assets22/27 | €24.9m | €25.7m | €26.1m | €26.0m | €25.7m | ▼ 1.1% |
| Land and buildings22 | €24.9m | €25.6m | €26.0m | €25.6m | €25.2m | ▼ 1.6% |
| Plant, machinery and equipment23 | €3,915 | €55,151 | €48,370 | €149,916 | €223,922 | ▲ 49.4% |
| Furniture and vehicles24 | €7,175 | €109,686 | €86,246 | €206,542 | €269,607 | ▲ 30.5% |
| Financial fixed assets28 | €409,793 | €410,729 | €411,665 | €412,965 | €415,087 | ▲ 0.5% |
| Current assets29/58 | €2.4m | €4.0m | €3.0m | €3.4m | €2.6m | ▼ 25.1% |
| Amounts receivable within one year40/41 | €1.2m | €1.2m | €1.3m | €1.3m | €1.3m | ▲ 3.2% |
| Trade receivables40 | €126,151 | €52,378 | €143,128 | €65,089 | €62,845 | ▼ 3.4% |
| Other amounts receivable41 | €1.1m | €1.1m | €1.2m | €1.2m | €1.3m | ▲ 3.5% |
| Cash at bank and in hand54/58 | €1.1m | €2.8m | €1.6m | €2.1m | €1.2m | ▼ 43.4% |
| Deferred charges and accrued income490/1 | €62,170 | €56,978 | €58,140 | €62,245 | €66,908 | ▲ 7.5% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €27.7m | €30.1m | €29.5m | €29.8m | €28.7m | ▼ 3.8% |
| Equity10/15 | €7.6m | €7.4m | €6.7m | €6.0m | €4.7m | ▼ 21.4% |
| Contributions10/11 | €12.3m | €12.3m | €12.3m | €12.3m | €12.3m | = |
| Capital10 | €12.3m | €12.3m | €12.3m | €12.3m | €12.3m | = |
| Issued capital100 | €12.3m | €12.3m | €12.3m | €12.3m | €12.3m | = |
| Reserves13 | €1.3m | €1.3m | €1.5m | €643,119 | €626,314 | ▼ 2.6% |
| Non-distributable reserves130/1 | €13,083 | €13,083 | €13,083 | €13,083 | €13,083 | = |
| Legal reserve130 | €13,083 | €13,083 | €13,083 | €13,083 | €13,083 | = |
| Tax-exempt reserves132 | €1.2m | €1.2m | €1.5m | €601,962 | €585,157 | ▼ 2.8% |
| Distributable reserves133 | €28,073 | €28,073 | €28,073 | €28,073 | €28,073 | = |
| Profit (loss) carried forward14 | -€6.0m | -€6.2m | -€7.2m | -€7.0m | -€8.2m | ▼ 18.2% |
| Provisions and deferred taxes16 | €415,261 | €409,718 | €498,707 | €200,654 | €195,053 | ▼ 2.8% |
| Deferred taxes168 | €415,261 | €409,718 | €498,707 | €200,654 | €195,053 | ▼ 2.8% |
| Amounts payable17/49 | €19.7m | €22.4m | €22.3m | €23.6m | €23.7m | ▲ 0.7% |
| Amounts payable after more than one year17 | €28,476 | - | - | - | - | - |
| Financial debts170/4 | €28,476 | - | - | - | - | - |
| Amounts payable within one year42/48 | €19.6m | €22.4m | €21.7m | €23.4m | €22.8m | ▼ 2.4% |
| Current portion of amounts payable after more than one year42 | €111,978 | €28,476 | - | - | - | - |
| Financial debts43 | €19.2m | €21.8m | €21.6m | €23.2m | €22.6m | ▼ 2.5% |
| Other loans439 | €19.2m | €21.8m | €21.6m | €23.2m | €22.6m | ▼ 2.5% |
| Trade debts44 | €205,698 | €481,712 | €121,678 | €148,465 | €193,632 | ▲ 30.4% |
| Suppliers440/4 | €205,698 | €481,712 | €121,678 | €148,465 | €193,632 | ▲ 30.4% |
| Advances received on contracts in progress46 | €14,716 | €15,482 | €28,500 | €8,700 | - | - |
| Taxes, remuneration and social security45 | €15,430 | €50,865 | €29,921 | €40,202 | €32,468 | ▼ 19.2% |
| Taxes450/3 | €6,551 | €42,394 | €17,186 | €24,963 | €17,549 | ▼ 29.7% |
| Remuneration and social security454/9 | €8,879 | €8,471 | €12,735 | €15,239 | €14,919 | ▼ 2.1% |
| Other amounts payable47/48 | - | - | €7,000 | €8,000 | €7,500 | ▼ 6.3% |
| Accrued charges and deferred income492/3 | €100,601 | - | €565,952 | €227,551 | €943,204 | ▲ 315% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €147,831 | -€202,835 | -€707,246 | -€658,402 | -€1.3m | ▼ 94.7% |
| + Depreciation and write-downs630 | €411,365 | €407,844 | €470,744 | €589,590 | €643,230 | ▲ 9.1% |
| Operating cash flow (approximation) | €559,196 | €205,009 | -€236,503 | -€68,812 | -€638,986 | ▼ 829% |
| Investment in fixed assets (approximation) | - | -€1.2m | -€845,896 | -€465,620 | -€363,128 | ▲ 22.0% |
| Change in cash | - | €1.7m | -€1.2m | €466,380 | -€898,664 | ▼ 293% |
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
Next filing, fiscal year 2026, expected by
2026
30-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial
Weakest financial yearnet -€1.3m
Net result drops to -€1.3m, the lowest in the series.
24-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
29-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
28-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
20-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Highest result since 2018net €147,831 ▲237%
Net result €147,831, the highest in the series.
28-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Back to profitnet €43,912
Net result €43,912 after 2 loss-making years.
28-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 28 days late
2019
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 29 days late
2018
23-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 23 days late
2017
28-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 28 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 8 acts read
About the unread acts
We know of 8 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
8 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, Aartselaar · 1 establishment unit since 1991
Ground area
6,969 m²
Building footprint
268 m²
Volume, LiDAR
1,789 m³
Parcel 11001C0409/00T000, Flanders · tallest building 9.7 m, ±2 floors. Linked by address, not a title deed.
4
companies at this address
See who is registered here
1 establishment unit
BRUNIM
since 19912.051.357.483
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11001C0409/00T000 ProtectedTownscape or village viewKasteel Solhof: neorenaissance bijgebouwen, omgevende gronden en drevenSource ↗ |
Flanders | 6,969 m² | 1 · 268 m² | 9.7 m · 2 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.
1 of these parcels carry protected heritage: expect extra rules on renovation or sale.
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Of 24,729 companies in sector 64210 we hold annual accounts for 19,799. 8,336 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded26-12-1990
Fiscal year end31-12
Activities, NACEBEL 2025
64210Activities of holding companies
68201Renting and operating of own or leased residential real estate, excluding social housing
68121Development of residential building projects
68122Development of non-residential building projects
68110Buying and selling of own real estate
68203Renting and operating of own or leased non-residential real estate, excluding land
E-invoicing
Reachable via Peppol
Peppol ID
0208:0442802129
Registered
20-12-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.