BRUNIN Frères
ActiveBRUNIN Frères has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €654k and a net result of €171k. Equity is growing by ~17.2% per year across the filed fiscal years. Its solvency ranks better than 80% of 2167 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
78
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability91▲+3
Solvency93▲+9
Growth78=
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €50k at 30 days acceptable
Liquidity ample (current ratio 3.05 against 2.38 in 2024; short-term debt: 25.5% and cash: 11.5% of total assets), and 31.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Sector 41
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
68.2%
Return on assets
17.8%
Age of the figures
9 mo
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
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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 filingsDeviation from the deadline
2025
31 d late
2024
30 d late
2023
61 d late
2022
31 d late
2021
31 d late
2020
61 d late
2019
on the day
← before the deadline
after the deadline →
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
19-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
€635k
EBIT margin
4.7%
Net result
€171k▲ 38.6%
2024 · €123k
2018: €23k
2019: €118k
2020: €5k
2021: €69k
2022: €42k
2023: €82k
2024: €123k
2018 → 2025
Working capital
€502k▲ 56.7%
2024 · €320k
2018: €101k
2019: €224k
2020: €225k
2021: €276k
2022: €320k
2023: €441k
2024: €320k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€336k-€378k▲ 12.5%€459k▲ 21.6%€483k▲ 5.1%€654k▲ 35.4%
Operating result€86k-€60k▼ 29.7%€108k▲ 79.2%€175k▲ 61.9%€246k▲ 40.0%
Net result€69k-€42k▼ 39.1%€82k▲ 94.4%€123k▲ 51.4%€171k▲ 38.6%
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 40% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €958k
Fixed assets
€212k▼ 18.1%
Current assets
€746k▲ 35.0%
Equity and liabilities €958k
Equity
€654k▲ 35.4%
Debt
€304k▼ 7.4%
The debt ratio falls from 40.5% to 31.8%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€320k▲
2024 · €237k
Cash flow
€246k▲
2024 · €185k
Solvency
68.2%▲
2024 · 59.5%
Current ratio
3.05▲
2024 · 2.38
Quick ratio
2.91▲
2024 · 2.24
Debt / equity
0.47▼
2024 · 0.68
ROE
26.2%▲
2024 · 25.6%
ROA
17.8%▲
2024 · 15.2%
Interest coverage
96.63▲
2024 · 62.86
Debt
€304k▼
2024 · €329k
Debt ≤ 1 year
€245k▲
2024 · €233k
Debt > 1 year
€60k▼
2024 · €96k
Income taxes
€73k▲
2024 · €50k
Staff costs
€518k▲
2024 · €499k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€812k€958k▲
Fixed assets21/28€259k€212k▼
Tangible fixed assets22/27€259k€212k▼
Plant, machinery and equipment23€177k€152k▼
Furniture and vehicles24€81k€60k▼
Financial fixed assets28€125€125=
Current assets29/58€553k€746k▲
Stocks and contracts in progress3€31k€35k▲
Stocks30/36€31k€35k▲
Amounts receivable within one year40/41€220k€142k▼
Trade receivables40€192k€117k▼
Other amounts receivable41€28k€24k▼
Current investments50/53€251k€452k▲
Cash at bank and in hand54/58€41k€110k▲
Deferred charges and accrued income490/1€9k€7k▼
Equity and liabilities
Total equity and liabilities10/49€812k€958k▲
Equity10/15€483k€654k▲
Contributions10/11€19k€19k=
Reserves13€242k€412k▲
Distributable reserves133€242k€412k▲
Profit (loss) carried forward14€222k€223k▲
Amounts payable17/49€329k€304k▼
Amounts payable after more than one year17€96k€60k▼
Financial debts170/4€96k€60k▼
Amounts payable within one year42/48€233k€245k▲
Current portion of amounts payable after more than one year42€38k€36k▼
Trade debts44€65k€39k▼
Suppliers440/4€65k€39k▼
Taxes, remuneration and social security45€30k€69k▲
Taxes450/3€29k€68k▲
Remuneration and social security454/9€376€1k▲
Other amounts payable47/48€100k€100k=
Accrued charges and deferred income492/3€0-
Income statement
Code20242025
Remuneration, social security and pensions62€499k€518k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€61k€75k▲
Other operating charges640/8€2k€1k▼
Gross operating margin9900€739k€840k▲
Operating profit (loss)9901€175k€246k▲
Financial income75/76B€1k€2k▲
Recurring financial income75€1k€2k▲
Financial charges65/66B€4k€3k▼
Recurring financial charges65€4k€3k▼
Profit (loss) for the period before taxes9903€173k€244k▲
Income taxes67/77€50k€73k▲
Profit (loss) for the period9904€123k€171k▲
Profit (loss) for the period to be appropriated9905€123k€171k▲
Appropriation of the result
Profit (loss) to be appropriated9906€344k€393k▲
Profit (loss) brought forward from the previous period14P€221k€222k▲
Transfer from equity791/2€100k€0▼
Transfer to equity691/2€122k€170k▲
To other reserves6921€122k€170k▲
Profit to be distributed694/7€100k€0▼
Return on contributions (dividend)694€100k€0▼
Social balance
Average headcount (FTE)90877.88.9▲
The notes to these accounts (20 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 31 days late
2025
31-12
Financial
Highest result since 2018net €171k ▲38.6%
Operating result €246k, net result €171k, both a record.
31-12
Financial
Equity above €500kEq €654k ▲35.4%
8 profitable years in a row build equity to €654k.
30-08
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 30 days late
2024
30-09
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 61 days late
2023
31-12
Financial
Liquidity doublescurrent ratio 7.51
Current ratio from 3.49 to 7.51; short-term debt falls from €129k to €68k.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 31 days late
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 31 days late
2021
30-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 61 days late
2020
31-12
Financial
Weakest financial yearnet €5k ▼95.8%
Net result drops to €5k, the lowest in the series; recovery starts the following year.
31-07
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
31-12
Financial
Equity above €200kEq €262k ▲81.3%
2 profitable years in a row build equity to €262k.
22-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 22 days late
2018
26-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 26 days late
2017
19-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 19 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Tournai · 1 establishment unit since 2014
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.
Rue Louis Bally(QUA) 57540 TournaiGround area
3,450 m²
Building footprint
170 m²
Volume, LiDAR
1,000 m³
Parcel 57068B0190/00E000, Wallonia · tallest building 7.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Brunin Frères
since 20142.232.421.247
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 57068B0190/00E000 | Wallonia | 3,450 m² | 1 · 170 m² | 7.7 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
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
Recognised contractor
10 categoriesBRUNIN Frères SRL35643
Similar companies · same sector, comparable size
OMNIUM REAL ESTATE SERVICES
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HÖNDERS BAUUNTERNEHMEN
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F-TECH
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LES ENTREPRISES FERNAND KAYE
BE 0428.707.138
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ENTREPRISE GENERALE DE CONSTRUCTION DAMIEN LAHAYE
BE 0475.866.261
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Of 29,803 companies in sector 41001 we hold annual accounts for 16,040. 8,139 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded18-06-2014
Fiscal year end31-12
Activities, NACEBEL
41001General construction of residential buildings
43110Demolition
43120Site preparation
43331Floor and wall tiling
43910Bricklaying and masonry work
43994Specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 11 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:sprlbruninfreres@hotmail.com
Phone:0477/20.33.31