Checked.be · Company dossierhttps://checked.be/en/c/brussam-0414947984 · as of 02-10-2026
BRUSSAM
Active
Public limited company · founded 1975 · 51 yrs activeElsa Frisonsquare 25, 1070 Anderlecht, BelgiumKBO/BCE: BE 0414.947.984
Summary
The computed 12-month bankruptcy probability of BRUSSAM is 4.1% (elevated). For BRUSSAM, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show equity of €1.6m and a net result of €13,225. Equity remains stable across the filed fiscal years (±0.1% per year). Its solvency ranks better than 62% of 1196 sector peers (fiscal year 2023). The company has been active since 1975 and the Belgian State Gazette contains no insolvency or warning signals.
Signals- Figures for FY 2023 (filed 09-10-2024)- 2 financial years not filed after the legal deadline; latest accounts 69 days late; 3 of the last 3 late- Liquidity: current ratio 0.51, cash €7,042, halved- Two or more financial years not filed+ Sector Office administrative, office support and other business support activities (NACE 82)Filed after the deadlineShow the evidence
Checked score
No current score
Checked score
A figure from 0 to 100 for financial health from the latest annual accounts: the higher, the healthier. Without a figure, the card says why. A low score is a reason to look closely at payment terms and security.
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Bankruptcy probability: Elevated
Filing: At least two filing cycles are missing
Financial strength, FY 2023 · tick = 2022
Financial strength
How strong the balance sheet and results are, apart from the score: solvency, liquidity and profitability from the latest accounts, each out of 100. The score itself is the bankruptcy probability.
Strong
Solvency80+2
equity 55.1% of total assets
Liquidity39-3
short-term debt 28.6% · cash 0.2%
Profitability60+10
return on assets 0.5%
Bankruptcy probability, 12 months
Bankruptcy probability
The chance that this company goes bankrupt within twelve months. A low chance is reassuring; with a higher one, agree shorter payment terms or an advance.
4.1%Elevated
0%0.5%1.5%4%10%≥ 25%
About 4 in 100 comparable companies go bankrupt within 12 months (an estimate).
Sector median 0.2% (12,439 companies)
Figures for FY 2023 (filed 09-10-2024)raises the probability
2 financial years not filed after the legal deadline; latest accounts 69 days late; 3 of the last 3 lateraises the probability
Liquidity: current ratio 0.51, cash €7,042, halvedraises the probability
Sector Office administrative, office support and other business support activities (NACE 82)lowers the probability
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 08-10-2024, 69 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.
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 86 days after the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 35% of the sector filed late.
Checked, nothing found (1)
○
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage
Annual accounts filedfiscal year 2023 · full…
Back to profitnet €13,225
Annual accounts filedfiscal year 2022 · full…
Key points
Risk: Accounts not fileddeadline was 31-07-2025428 d lateView
Positive: 3 years of growth in a rowturnover 2023: €1.3m3 yearsView