Brussel I
ActiveSummary
The computed 12-month bankruptcy probability of Brussel I is 6.7% (elevated). The 2024 annual accounts show negative equity (-€1,415) and a net result of €2,075. Equity is shrinking by ~27.5% per year across the filed fiscal years. The company has been active since 2016 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 2 administrative register entries (see administrative flags).
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Signals
This company filed its last 7 accounts on average 96 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema, 2025 accounts filed, figures not processed yet
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.
Peer companies
Historical observationOf the 2,180 companies that looked in July 2024 the way this one looks now, 4.8% went bankrupt within 24 months and 89% are still going.
- Micro
- 5 to 10 years old
- negative equity
- a profit of 5% of the balance sheet or more
A further 0.5% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 6.7% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,341 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 2,180 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €22,856 | €20,110 | - | €51,398 | €35,969 | ▼ 30.0% |
| Non-recurring operating income76A | - | - | - | €402 | - | - |
| Goods, raw materials, services and sundry goods60/61 | - | €26,977 | - | €44,394 | €33,569 | ▼ 24.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | €1,517 | €667 | - | - | - |
| Other operating charges640/8 | - | €731 | €2,197 | €1,321 | €230 | ▼ 82.6% |
| Gross operating margin9900 | €2,569 | -€6,868 | -€4,232 | €7,406 | €2,400 | ▼ 67.6% |
| Operating profit (loss)9901 | €1,934 | -€9,115 | -€7,096 | €6,085 | €2,169 | ▼ 64.3% |
| Financial charges65/66B | - | - | €1 | €20 | €94 | ▲ 366% |
| Recurring financial charges65 | - | - | €1 | €20 | €94 | ▲ 366% |
| Profit (loss) for the period before taxes9903 | €1,934 | -€9,115 | -€7,097 | €6,065 | €2,075 | ▼ 65.8% |
| Profit (loss) for the period9904 | €1,934 | -€9,115 | -€7,097 | €6,065 | €2,075 | ▼ 65.8% |
| Profit (loss) for the period to be appropriated9905 | €1,934 | -€9,115 | -€7,097 | €6,065 | €2,075 | ▼ 65.8% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €7,318 | €1,038 | €9,192 | €7,682 | €1,422 | ▼ 81.5% |
| Fixed assets21/28 | €2,183 | €667 | - | - | - | - |
| Tangible fixed assets22/27 | €2,183 | €667 | - | - | - | - |
| Furniture and vehicles24 | - | €667 | - | - | - | - |
| Current assets29/58 | €5,134 | €371 | €9,192 | €7,682 | €1,422 | ▼ 81.5% |
| Amounts receivable within one year40/41 | €345 | €101 | - | - | €390 | - |
| Trade receivables40 | - | €101 | - | - | - | - |
| Other amounts receivable41 | - | - | - | - | €390 | - |
| Cash at bank and in hand54/58 | €4,789 | €270 | €8,629 | €7,193 | €1,032 | ▼ 85.7% |
| Deferred charges and accrued income490/1 | - | - | €563 | €489 | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €7,318 | €1,038 | €9,192 | €7,682 | €1,422 | ▼ 81.5% |
| Equity10/15 | -€546 | -€248 | -€7,345 | -€1,280 | -€1,415 | ▼ 10.5% |
| Contributions10/11 | - | €9,414 | €9,414 | €9,414 | €7,205 | ▼ 23.5% |
| Reserves13 | €11,654 | €11,654 | €11,654 | €11,654 | €11,654 | = |
| Non-distributable reserves130/1 | - | €11,654 | €11,654 | €11,654 | €11,654 | = |
| Reserves not available under the articles1311 | - | €11,654 | €11,654 | €11,654 | €11,654 | = |
| Profit (loss) carried forward14 | -€12,201 | -€21,316 | -€28,413 | -€22,349 | -€20,273 | ▲ 9.3% |
| Amounts payable17/49 | €7,864 | €1,285 | €16,537 | €8,962 | €2,837 | ▼ 68.4% |
| Amounts payable within one year42/48 | €7,864 | €1,285 | €16,537 | €5,962 | €2,837 | ▼ 52.4% |
| Trade debts44 | - | €107 | €2,638 | €522 | €2,837 | ▲ 444% |
| Suppliers440/4 | - | €107 | €2,638 | €522 | €2,837 | ▲ 444% |
| Taxes, remuneration and social security45 | - | €266 | €571 | €4,149 | - | - |
| Taxes450/3 | - | €266 | €571 | €4,149 | - | - |
| Other amounts payable47/48 | - | €913 | €13,328 | €1,291 | - | - |
| Accrued charges and deferred income492/3 | - | - | - | €3,000 | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €1,934 | -€9,115 | -€7,097 | €6,065 | €2,075 | ▼ 65.8% |
| + Depreciation and write-downs630 | - | €1,517 | €667 | - | - | - |
| Operating cash flow (approximation) | €1,934 | -€7,598 | -€6,431 | €6,065 | €2,075 | ▼ 65.8% |
| Investment in fixed assets (approximation) | - | €0 | - | - | - | - |
| Change in cash | - | -€4,519 | €8,359 | -€1,436 | -€6,161 | ▼ 329% |
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
Show earlier events
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Directors · office · real estate
1 establishment unit
1 parcel
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23071A0048/00Y002 | Flanders | 517 m² | 1 · 98 m² | 9.1 m · 2 fl. |
Linked by address, not proof of ownership
Recognitions · licences · registrations
Food safety, FASFC
1 siteCompany details
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
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Register as of 1 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.