Active BE 0435.972.537Private limited company (pre-2019)

BRUSH

Katelijnestraat 10 ·9308 Aalst, Belgium· 37 yrs active

Sector: Painting of buildings (43341)

Conclusion Checked

BRUSH has been active since 1988 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €49k and a net result of €93. Its solvency ranks better than 78% of 11123 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.7% (low).

Based on the State Gazette, CBE and 2 annual accounts.

Key figures

Equity	€49k
Net result	€93
Better than sector	78%
Active	37 yrs

Financial profile 5 of 5 axes measured · computed by Checked

68 / 100

Strong profile, led by stability.

All 5 axes are computed from data Checked has read.

Health 86

Profitability 1

Solvency 99

Growth 52

Stability 100

Bankruptcy probability (12 mo) Checked model v1 · free

0.7% Low

0%0,5%1,5%4%10%≥25%

How do we compute this?

Risk Assessment rule-based

0 / 100

Low risk

Trust signals 2 signals

Long-established

Founded in 1988, 37 years in business.

No legal incidents

No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.

Administrative Flags0 events

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Checked score FY 2024 · computed

86 / 100 Excellent

050100

Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.

See plans →

Computed by Checked from the NBB filing for FY 2024. Indicative, not credit advice.

Financial overview36 NBB filings

Annual accounts filed on 29-08-2025 with the NBB · fiscal year 2024 · micro schema

Operating resultNet result

Sector comparison

Fiscal year 2024 · NACE 43, Specialised construction activities · compared within the same schema type (micro schema)

Metric	This company	Sector median	Position in the sector
Solvency	65.5%	40.8%	better than 78% of 11123 sector peers
Net result	€93	€11k	better than 21% of 11107 sector peers
Equity	€49k	€34k	better than 62% of 11128 sector peers
Gross operating margin	€8k	€35k	better than 19% of 11096 sector peers
Total assets	€74k	€94k	better than 41% of 11123 sector peers

EBITDA

€6k

-53.8% 23-24

Net profit

€93

-98.5% 23-24

Cash flow

€5k

-53.0% 23-24

Total assets

€74k

+8.4% 23-24

Equity

€49k

+0.2% 23-24

Working capital

€25k

+25.6% 23-24

Income taxes

€140

-81.1% 23-24

Debt

€26k

+28.4% 23-24

Debt ≤ 1y

€26k

+30.8% 23-24

Debt > 1y

€0

-100.0% 23-24

Current ratio

1.98

-2.0% 23-24

Quick ratio

1.42

-0.2% 23-24

Solvency

65.5%

-7.6% 23-24

Debt / equity

0.53

+28.1% 23-24

ROE

0.2%

-98.5% 23-24

ROA

0.1%

-98.6% 23-24

Interest coverage

12.42

-22.3% 23-24

Figures by fiscal year and ratios

Highlight YoY changes (±10%)

Fiscal year	2024
Deposit	micro schema
Revenue	-
EBITDA	€6k
Net profit	€93
Cash flow	€5k
Staff costs	-
Income taxes	€140
Dividends	-
Total assets	€74k
Equity	€49k
Debt	€26k
of which ≤ 1y	€26k
of which > 1y	€0
Working capital	€25k
Employees (FTE)	-

Ratios (computed)

	2024
Current ratio	1.98
Quick ratio	1.42
Working capital ratio	33.6%
Solvency	65.5%
Debt / equity	0.53
Long-term debt ratio	0.00
Interest coverage	12.42
Gross margin	-
Net margin	-
ROA	0.1%
ROE	0.2%
EBITDA margin	-
Days sales outstanding	-
Days payable outstanding	-
Inventory turnover	-
Days inventory (DSI)	-

This table shows the latest fiscal year. 1 prior year, with figures and ratios, belongs to a paid plan. See plans →

Balance-sheet composition 2024

Assets

Fixed assets €24k · 31.9% Current assets €51k · 68.1%

Equity & liabilities

Equity €49k · 65.5% Debt €26k · 34.5%

Full annual accounts (24 line items)

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2024
Balance sheet, Assets
TOTAL ASSETS	20/58	€74k
Fixed assets	21/28	€24k
Tangible fixed assets	22/27	€24k
Financial fixed assets	28	€26
Current assets	29/58	€51k
Stocks & contracts in progress	3	€14k
Amounts receivable within one year	40/41	€6k
Cash & bank	54/58	€30k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€74k
Equity	10/15	€49k
Contributions / capital	10/11	€6k
Reserves	13	€43k
Amounts payable	17/49	€26k
Amounts payable after one year	17	€0
Amounts payable within one year	42/48	€26k
Trade debts payable within one year	44	€13k
Income statement
Gross operating margin	9900	€8k
Operating result	9901	€720
Financial income	75	€4
Financial charges	65	€491
Result before taxes	9903	€232
Income taxes	67/77	€140
Net result for the period	9904	€93
Result to be appropriated	9905	€93

Legal Structure

NACE primary	Painting of buildings(43341)
Legal form	Private limited company (pre-2019)(015)
Incorporation	13-12-1988
Status	Active
Postal code	9308

Establishment units 1 location

Katelijnestraat 10, 9308 Aalst

NACE 4542201

since 19882.041.367.176

Real-estate footprint Source: CBE × cadastre

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
41029B0122/00L000	Flanders	622 m²	1 · 171 m²	9.7 m · 2 fl.

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.

Updates 10 events

All 10Filings 10

2025

29-08