BRUSSELS OFFICES CENTER
ActiveSummary
BRUSSELS OFFICES CENTER has been active since 1990 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €274,741 and a net result of -€2,623. Equity is shrinking by ~4.4% per year across the filed fiscal years. Its solvency ranks better than 24% of 9521 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.5% (low).
Overview
What they do
Other business support services
NACE 82990Renting and operating of own or leased non-residential real estate, excluding land NACE 68203
1 site
How big
€1.6mtotal assets 2024
- Equity
- €274,741
- Loss
- -€2,623
Who decides
Accounts 62 d overdue0 of 11 deeds read
Why 55- Higher-failure-rate region- Annual accounts: weaker financial profile- Persistent losses- Weak solvency vs sector+ Long track record+ Lower-failure-rate sectorFiled after the deadlineShow the evidence
Checked score
Score 2024
Axes · tick = 2023
Profitability41▲+6
Solvency42=
Growth45=
Track record100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €15,000 at 30 days acceptable
Liquidity short (current ratio 0.06 against 0.04 in 2023; short-term debt: 28.9% and cash: 0.6% of total assets), and 82.5% of the assets are financed with debt.
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Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 82
Relative position
BE, all sectors
reference
Office administrative, office support and other business support activities (NACE 82)
about 37% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
17.5%
Return on assets
-0.2%
Age of the figures
21 mo
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024Net result per financial year
18192021222324
2018 to 2024 · latest year -€2,623
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 24% of 9521 sector peers (2024).
NBB · sector comparisonPosition among 9521 sector peers
Solvency
better than 24%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 26-08-2025, 26 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
not confirmed
2024
26 d late
2023
24 d late
2022
on the day
2021
43 d late
2020
147 d late
2019
101 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 57 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)
- Annual accounts filedfiscal year 2024 · micro…
- Annual accounts filedfiscal year 2023 · micro…
- Annual accounts filedfiscal year 2022 · micro…
Financials
Fiscal year 2024Total assets €1.6mLoss -€2,623Solvency 17.5%Liquidity 0.06
Turnover
€283,009▲ 11.8%
2020 - 2022
Net result
-€2,623▲ 84.4%
2018 - 2024
Equity
€274,741▼ 0.9%
2018 - 2024
Staff (FTE)
1
2023
Financials · fiscal year 2024, micro schema
Trend over the years
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
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.Sector: the middle half (P25 to P75) of NACE 82, Office administrative, office support and other business support activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Turnover€0.2m€0.3m▲ 10.7%€0.3m▲ 11.8%
Operating result€0.007m▼ 88.3%-€0.02m€0.02m€0.01m▼ 45.3%€0.03m▲ 169%
Net result-€0.008mwithin the sector's middle half-€0.05mbelow the sector's middle half▼ 479%-€0.01mbelow the sector's middle half▲ 75.2%-€0.02mbelow the sector's middle half▼ 48.7%-€0.003mbelow the sector's middle half▲ 84.4%
EBIT margin2.9%-7.9%▼ 10.8pp7.1%▲ 15.0pp
Equity€0.4mwithin the sector's middle half▼ 2.2%€0.3mabove the sector's middle half▼ 13.0%€0.3mabove the sector's middle half▼ 3.7%€0.3mabove the sector's middle half▼ 5.7%€0.3mabove the sector's middle half▼ 0.9%
Total assets€1.7mwithin the sector's middle half▲ 27.9%€1.7mabove the sector's middle half▼ 0.1%€1.7mabove the sector's middle half▼ 3.2%€1.6mabove the sector's middle half▼ 3.9%€1.6mabove the sector's middle half▼ 2.8%
Debt€1.3m▲ 44.6%€1.3m▲ 4.1%€1.3m▼ 2.6%€1.3m▼ 2.9%€1.2m▼ 2.6%
Working capital-€0.4mbelow the sector's middle half▼ 106%-€0.4mbelow the sector's middle half▲ 5.3%-€0.4mbelow the sector's middle half▼ 6.2%-€0.4mbelow the sector's middle half▼ 8.6%-€0.4mbelow the sector's middle half▼ 0.5%
Solvency20.2%within the sector's middle half▼ 6.2pp17.6%within the sector's middle half▼ 2.6pp17.5%within the sector's middle half▼ 0.1pp17.1%below the sector's middle half▼ 0.3pp17.5%below the sector's middle half▲ 0.3pp
Current ratio0.08below the sector's middle half▲ 0.010.07below the sector's middle half▼ 0.010.07below the sector's middle half▼ 0.010.04below the sector's middle half▼ 0.030.06below the sector's middle half▲ 0.02
Return on assets (ROA)-0.5%within the sector's middle half▼ 1.6pp-2.6%below the sector's middle half▼ 2.2pp-0.7%below the sector's middle half▲ 2.0pp-1.0%below the sector's middle half▼ 0.4pp-0.2%below the sector's middle half▲ 0.9pp
Staff (FTE)1
above
within
below
the middle half (P25 to P75) of NACE 82, Office administrative, office support and other business support activities, each year against the same schema; no band under 30 filings.
Result and balance sheet
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 169% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.6m
Fixed assets
€1.5m ▼ 3.4%
Current assets
€26,469 ▲ 52.9%
Equity and liabilities €1.6m
Equity
€274,741 ▼ 0.9%
Provisions
€58,108 ▼ 14.6%
Debt
€1.2m ▼ 2.6%
Debt's share of the balance-sheet total rises from 78.7% to 78.8%. Equity and debt are lower.
Key figures and ratios
Key figures and ratios
EBITDA
€84,176▲
2023 · €65,724
Cash flow
€52,183▲
2023 · €37,989
Debt to equity
4.51▼
2023 · 4.59
ROE
-1.0%▲
2023 · -6.1%
Interest coverage
2.65▲
2023 · 2.14
Debt ≤ 1 year
€454,222▲
2023 · €442,859
Debt > 1 year
€785,369▼
2023 · €829,802
Income taxes
€10,144▲
2023 · €6,938
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 2,507 companies that looked in July 2024 the way this one looks now, 1.6% went bankrupt within 24 months and 96% are still going.
- Small
- 20 years or older
- solvency 10 to 30%
- a small loss
1.6%
went bankrupt
1.8%
stopped otherwise
96%
still going
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.5% over twelve months; the group does not contradict it.
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 2,507 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.
Filed annual accounts
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €228,680 | €253,212 | €283,009 | - | - | - |
| Goods, raw materials, services and sundry goods60/61 | - | €150,830 | €156,226 | - | - | - |
| Remuneration, social security and pensions62 | - | €21,299 | €24,214 | €8,758 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €60,006 | €61,063 | €54,989 | €54,807 | €54,807 | = |
| Other operating charges640/8 | - | €40,080 | €27,611 | €33,170 | €32,102 | ▼ 3.2% |
| Gross operating margin9900 | €92,619 | €102,382 | €126,783 | €107,652 | €116,278 | ▲ 8.0% |
| Operating profit (loss)9901 | €6,572 | -€20,059 | €19,970 | €10,918 | €29,369 | ▲ 169% |
| Financial charges65/66B | - | €30,528 | €34,268 | €30,758 | €31,809 | ▲ 3.4% |
| Recurring financial charges65 | €13,844 | €30,528 | €34,268 | €30,758 | €31,809 | ▲ 3.4% |
| Profit (loss) for the period before taxes9903 | -€7,272 | -€50,587 | -€14,298 | -€19,841 | -€2,440 | ▲ 87.7% |
| Transfer from deferred taxes780 | - | €9,808 | €9,960 | €9,960 | €9,960 | = |
| Income taxes67/77 | €10,951 | €4,885 | €6,970 | €6,938 | €10,144 | ▲ 46.2% |
| Profit (loss) for the period9904 | -€7,892 | -€45,664 | -€11,308 | -€16,818 | -€2,623 | ▲ 84.4% |
| Transfer from tax-exempt reserves789 | - | €19,048 | €19,343 | €19,343 | €19,343 | = |
| Profit (loss) for the period to be appropriated9905 | €12,172 | -€26,616 | €8,036 | €2,526 | €16,720 | ▲ 562% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.7m | €1.7m | €1.7m | €1.6m | €1.6m | ▼ 2.8% |
| Fixed assets21/28 | €1.7m | €1.7m | €1.7m | €1.6m | €1.5m | ▼ 3.4% |
| Intangible fixed assets21 | €0.4m | €0.4m | €0.4m | €0.4m | €0.4m | = |
| Tangible fixed assets22/27 | €1.3m | €1.3m | €1.2m | €1.2m | €1.1m | ▼ 4.7% |
| Land and buildings22 | - | €1.2m | €1.1m | €1.1m | €1.0m | ▼ 3.5% |
| Plant, machinery and equipment23 | - | €0.1m | €0.1m | €0.09m | €0.07m | ▼ 20.3% |
| Furniture and vehicles24 | - | €182 | - | - | - | - |
| Financial fixed assets28 | €0.001m | €0.001m | €0.001m | €0.001m | €0.001m | = |
| Current assets29/58 | €0.04m | €0.03m | €0.03m | €0.02m | €0.03m | ▲ 52.9% |
| Amounts receivable within one year40/41 | €0.03m | €0.01m | €0.02m | €0.01m | €0.02m | ▲ 32.4% |
| Trade receivables40 | - | €0.005m | €0.01m | €0.01m | €0.003m | ▼ 73.4% |
| Other amounts receivable41 | - | €0.009m | €0.01m | - | €0.01m | - |
| Cash at bank and in hand54/58 | €0.006m | €0.02m | €0.005m | €0.004m | €0.009m | ▲ 112% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.7m | €1.7m | €1.7m | €1.6m | €1.6m | ▼ 2.8% |
| Equity10/15 | €0.4m | €0.3m | €0.3m | €0.3m | €0.3m | ▼ 0.9% |
| Contributions10/11 | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | ▲ 0.2% |
| Reserves13 | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | ▼ 11.0% |
| Non-distributable reserves130/1 | - | €40 | €40 | €40 | - | - |
| Reserves not available under the articles1311 | - | €40 | €40 | €40 | - | - |
| Tax-exempt reserves132 | - | €0.2m | €0.2m | €0.1m | €0.1m | ▼ 14.6% |
| Distributable reserves133 | - | €0.04m | €0.04m | €0.04m | €0.04m | = |
| Profit (loss) carried forward14 | €0.1m | €0.07m | €0.08m | €0.08m | €0.1m | ▲ 20.4% |
| Provisions and deferred taxes16 | €0.1m | €0.09m | €0.08m | €0.07m | €0.06m | ▼ 14.6% |
| Deferred taxes168 | - | €0.09m | €0.08m | €0.07m | €0.06m | ▼ 14.6% |
| Amounts payable17/49 | €1.3m | €1.3m | €1.3m | €1.3m | €1.2m | ▼ 2.6% |
| Amounts payable after more than one year17 | €0.9m | €0.9m | €0.9m | €0.8m | €0.8m | ▼ 5.4% |
| Financial debts170/4 | - | €0.8m | €0.8m | €0.7m | €0.7m | ▼ 6.4% |
| Other amounts payable178/9 | - | €0.1m | €0.1m | €0.1m | €0.1m | ▲ 1.9% |
| Amounts payable within one year42/48 | €0.4m | €0.4m | €0.4m | €0.4m | €0.5m | ▲ 2.6% |
| Current portion of amounts payable after more than one year42 | - | €0.06m | €0.09m | €0.1m | €0.1m | ▲ 5.7% |
| Trade debts44 | €0.02m | €0.1m | €0.08m | €0.09m | €0.08m | ▼ 5.4% |
| Suppliers440/4 | - | €0.1m | €0.08m | €0.09m | €0.08m | ▼ 5.4% |
| Taxes, remuneration and social security45 | - | €0.03m | €0.05m | €0.04m | €0.04m | ▲ 2.8% |
| Taxes450/3 | - | €0.03m | €0.04m | €0.04m | €0.04m | ▲ 2.8% |
| Remuneration and social security454/9 | - | €0.002m | €0.006m | - | - | - |
| Other amounts payable47/48 | - | €0.2m | €0.2m | €0.2m | €0.2m | ▲ 3.9% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€7,892 | -€45,664 | -€11,308 | -€16,818 | -€2,623 | ▲ 84.4% |
| + Depreciation and write-downs630 | €60,006 | €61,063 | €54,989 | €54,807 | €54,807 | = |
| Operating cash flow (approximation) | €52,114 | €15,399 | €43,681 | €37,989 | €52,183 | ▲ 37.4% |
| Investment in fixed assets (approximation) | - | -€65,043 | -€844 | €0 | €0 | - |
| Change in cash | - | €8,925 | -€10,574 | -€86 | €4,987 | ▲ 5,895% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Comparable companies
Similar companies · same sector, comparable size
LIFT EXPERTISE
BE 0890.781.088
Jette · Eq €274,712
PDV-MANAGEMENT
BE 0812.046.089
Lokeren · Eq €274,823
GROUP SAMBRE
BE 0441.553.106
Malle · Eq €274,989
BELGO-INTERNATIONAL RESEARCH APPLICATIONS en DEVELOPMENT
BE 0457.814.858
Genk · Eq €274,410
LANDMANN
BE 0897.786.270
Antwerpen · Eq €275,111
Of 24,494 companies in this sector we hold annual accounts for 9,420. 6,630 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Timeline
11 eventsLatest 26-08-2025
History
Acts, filings and financial milestones
2025
26-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 26 days late
2024
24-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 24 days late
2023
31-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
12-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 43 days late
2021
31-12
Financial
Weakest financial yearnet -€45,664
Net result drops to -€45,664, the lowest in the series; recovery starts the following year.
25-12
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 147 days late
2020
09-11
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 101 days late
2019
30-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
29-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 29 days late
2017
29-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 29 days late
2016
31-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 11 acts read
About the unread acts
We know of 11 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Company details
Private limited company · founded 23-03-1990Year ends 31-12Peppol reachable1 site
Register details
Identification
Legal formPrivate limited company
Founded23-03-1990
Fiscal year end31-12
Abbreviation FR
B.O.C.
Activities, NACEBEL 2025
68203Renting and operating of own or leased non-residential real estate, excluding land
82990Other business support services
70200Business and other management consultancy
E-invoicing
Reachable via Peppol
Peppol ID
0208:0440103450
Registered
21-05-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 1 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Sites & property
Location & real-estate footprint
Registered office, Anderlecht · 1 establishment unit since 1990
Ground area
2,312 m²
Building footprint
1,725 m²
Volume, LiDAR
15,759 m³
Parcel 21306D0325/00F000, Brussels · tallest building 40.0 m, ±1 floor. Linked by address, not a title deed.
185
companies at this address
See who is registered here
1 establishment unit
BRUSSELS OFFICES CENTER
since 1990unit no. 2.048.126.492
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21306D0325/00F000 | Brussels | 2,312 m² | 1 · 1,725 m² | 40.0 m · 1 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Go further with this company
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