Equity
€66,791 ▲ 3.3%
BRUNO has made a profit without a break since 2019.
BRUNO
Lifetime
20 annual accounts with figures on one time axis, 26 filings since 2000peak €301,436 (2011)
€12,018▼ 35.6%
lowest -€21,269 (2008)
€2,116▼ 58.0%
peak €66,791 (2025)
€66,791▲ 3.3%
€167,041▼ 20.6%
peak 8.4 FTE (2012)
-not published
Board2 names since 2021
1 directorMODAFIERI Fabian
Documentsfilings and deeds
29-09-202660 days late
2025abbreviated format
Gross margin from €18,670 to €12,018Result from €5,039 to €2,116Debts from €210,277 to €167,041Cash from €4,834 to €77,243
Key points
from the 2025 annual accountsChecked score
67
Healthy
Financially stronger than 42% of micro companies in construction of buildings (NACE 41)
Probability in this band: 0.55% to 1.5%
Bankruptcy probability within 12 months
0.8% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 1.5% across 13,458 companies (NACE 41, micro).
About 8 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 2.5%
01-2025: 2.5%● unchanged vs 12-2024
02-2025: 2.5%● unchanged vs 01-2025
03-2025: 2.5%● unchanged vs 02-2025
04-2025: 2.5%● unchanged vs 03-2025
05-2025: 2.7%▲ +0.2 percentage points vs 04-2025
06-2025: 2.6%▼ -0.1 percentage points vs 05-2025
07-2025: 2.6%● unchanged vs 06-2025
08-2025: 3.2%▲ +0.6 percentage points vs 07-2025
09-2025: 3.8%▲ +0.6 percentage points vs 08-2025
10-2025: 4.8%▲ +1.0 percentage point vs 09-2025highest value
11-2025: 4.4%▼ -0.4 percentage points vs 10-2025
12-2025: 4.4%● unchanged vs 11-2025
01-2026: 2.1%▼ -2.3 percentage points vs 12-2025
02-2026: 2.1%● unchanged vs 01-2026
03-2026: 2.1%● unchanged vs 02-2026
04-2026: 2.1%● unchanged vs 03-2026
05-2026: 2.0%▼ -0.1 percentage points vs 04-2026
06-2026: 2.0%● unchanged vs 05-2026
07-2026: 2.0%● unchanged vs 06-2026
08-2026: 2.7%▲ +0.7 percentage points vs 07-2026
09-2026: 3.0%▲ +0.3 percentage points vs 08-2026
10-2026: 0.8%▼ -2.2 percentage points vs 09-2026lowest value
11-2026: 0.8%● unchanged vs 10-2026lowest value
Financial strengthAverage
Score breakdown
raises risk
Last filed accounts filed 60 days late; 3 of the last 3 accounts late
Sector: Construction of residential and non-residential buildings (NACE 41)
lowers risk
Founded in 1999
Liquidity: current ratio 0.80, cash €77,243
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 41, micro). It does better than 36% of them on solvency, 61% on liquidity, 30% on profitability and 43% 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, 3,984 companies had the same profile as BRUNO has now. Each dot stands for 10 companies, two years later.
96.5%
were still trading
2.3%
stopped another way
1.1%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of BRUNO itself: 0.8% 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.
| 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 3,984 companies, not a prediction for BRUNO. 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 €4,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.8 (0.88 in 2024), below 1. Short-term debt is 65.1% and cash 33% of total assets. 71.4% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises risk
raises risk · 2025 accounts filed 60 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-09-2026, 60 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 filingsDeviation from the deadline
2025
60 days late
2024
61 days late
2023
68 days late
2022
79 days late
2021
100 days late
2020
144 days late
2019
110 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 89 days after the deadline. In the sector (NACE 41), the median for financial year 2024 was on the deadline day, and 46% 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 8 October (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
MF
MODAFIERI Fabian
Director
- Fabian MODAFFERI actionnaire uniquedeed of 29-12-2023
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0466774589
Change of role: MODAFFERI Fabian Alexandre, from manager to director
General meeting of 26-12-2023 · Gazette deed
Registered office moved from Carnieres to Houdeng-Aimeries
New registered office: Rue Infante Isabelle 102 7110 HOUDENG-AIMERIES · Previous registered office: Rue Brunehault 115- 7141 CARNIERES · Fabian MODAFFERI holds all the shares · General meeting of 01-03-2023 · Gazette deed
First establishment
BRUNO SPRL, Rue de l'Infante Isabelle (H-A) 102, La Louvière
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| BRUNO La Louvière | €233,832 | €12,018 | 28.6% | - |
| BLF La Louvière | €260,540 | €9,550 | 35.4% | - |
| BOUWWERKEN BAETENS Lierde | €213,356 | €11,644 | 92.9% | - |
| KLOBO Mechelen | €254,795 | €10,468 | 11.5% | 0 |
| IMMO-TOP Herstal | €245,364 | €15,716 | 70.8% | - |
| EURO-SABEL Ham-sur-Heure-Nalinnes | €224,242 | €14,402 | 96.1% | - |
| FRAJOLIN Beersel | €199,923 | €13,943 | 94.6% | - |
These companies have the same main activity as BRUNO: general construction of residential buildings (NACE 41001). They are comparable in size and age: total assets between €200,000 and €261,000, founded between 1991 and 2002.
Official details
Source: KBO- Status
- Active since 01-09-1999Normal situation
- Activity
- General construction of residential buildingsNACE 41001
- Establishment unit
- 2.147.603.6557110 La Louvière, since 15-05-2005
- Financial year end
- 31 December
- Peppol
- Reachable since 08-12-2025
Insights on BRUNO
BRUNO files the abbreviated format. That format states no turnover. The gross margin fell from €101,622 in 2006 to €12,018 in 2025.
The balance sheet grew most from 2012 to 2013 through fixed assets, financed with long-term debt.
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 BRUNO
- What is the company number of BRUNO?
- The company number of BRUNO is 0466.774.589. The VAT number is the same number with BE in front: BE 0466.774.589.
- Where is BRUNO based?
- The registered office is at Rue de l'Infante Isabelle (H-A) 102, 7110 La Louvière.Company details
- What does BRUNO do?
- According to the KBO register, the main activity is general construction of residential buildings (NACE 41001).
- What is the legal form of BRUNO?
- BRUNO is a private limited company (BV).
- When was BRUNO founded?
- BRUNO was founded on 01-09-1999.
- Is BRUNO still active?
- Yes, BRUNO is an active enterprise in the KBO register.
- What is the turnover of BRUNO?
- The turnover in financial year 2025 is ≈ €140,000. This figure is estimated from the gross margin of €12,018 and 74 comparable companies (NACE 41001). It probably lies between €70,000 and €290,000. It is a rough estimate.Financials
- Is BRUNO profitable?
- In financial year 2025, BRUNO made a profit of €2,116.
- Where can I find the annual accounts of BRUNO?
- BRUNO filed 26 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of BRUNO due?
- BRUNO must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can trust this company with building work.Contractor check Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark
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