BRUSTEEL
Open bankruptcyA bankruptcy procedure is open for BRUSTEEL according to publications in the Belgian State Gazette; curator: JENS VREBOS.
Summary
The file additionally contains 1 administrative flag. The 2022 annual accounts show equity of €70,171 and a net result of -€36,088.
Are you a creditor?
Open bankruptcy
Source: Belgian Official Gazette
If this company owes you money, you are not paid automatically: you file your claim yourself, within the deadline the judgment sets.
The procedure
- Court
- Enterprise Court of Brussels
- Declared bankrupt
- 7 January 2025
- Supervising judge
- Hendrik Nauta
- Official Gazette
- 13-01-2025 (pdf) ↗search the document for 2025/100862
Curator
- Jens VrebosHertsbergsestraat 4, 8020 Oost- Kampjens.vrebos@crivitslegal.be
What to do now
- Do not deliver on credit any more without an agreement with the curator.
- Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
- File your proof of claim in RegSol (regsol.be), yourself with eID or itsme, or through your lawyer. State principal, interest and costs separately, and any preferential right you hold.
- Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
- Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
- Follow the file in RegSol: the verification report (admitted or disputed) and the curator's reports appear there.
Deadlines: the judgment sets the last day to file your claim, by law at most thirty days after the judgment, and the day of the first verification report. Both dates are in the publication in the Official Gazette and in RegSol; Checked does not read them yet. A late claim is sometimes still possible, but not without consequences.
File a claim in RegSol ↗
Watch
Follow this bankruptcy: you are alerted when it is closed or reversed.
General information, not legal advice. If in doubt, the curator, your lawyer or your accountant can help. Full guide for creditors
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Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk
raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publicationsPublications
Address struck
History
Go further with this company
Who ran this company, and where was it based, on a date before the end?Company as of a date Is the registered address a letterbox address or a business centre?Address check Are there other customers at risk in your own list?Debtor check How is the Wholesale trade sector doing?Sector figures
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2022, full schema
Turnover
€1.1m▼ 16.9%
2021 · €1.3m
EBIT margin
-2.6%▼ 4.2pp
2021 · 1.5%
Net result
-€36,088
2021 · €15,777
Working capital
-€30,134
2021 · €58,009
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20182019202020212022
Turnover€1.3m€1.1m▼ 16.9%
Operating result€8,570-€47,000▲ 448%€18,018▼ 61.7%€19,903▲ 10.5%-€28,038
Net result€7,549-€46,423▲ 515%€17,910▼ 61.4%€15,777▼ 11.9%-€36,088
EBIT margin1.5%-2.6%▼ 4.2pp
Equity€18,449-€64,871▲ 252%€90,481▲ 39.5%€106,258▲ 17.4%€70,171▼ 34.0%
Total assets€102,809-€193,993▲ 88.7%€243,295▲ 25.4%€560,742▲ 130%€462,386▼ 17.5%
Debt€84,360-€129,121▲ 53.1%€152,814▲ 18.3%€454,484▲ 197%€392,215▼ 13.7%
Working capital-€8,014-€37,287€47,368▲ 27.0%€58,009▲ 22.5%-€30,134
Staff (FTE)1.6-3.3▲ 106%3.13.4▲ 9.7%
Why a figure moved sharply
- 2021 Total assets +130% on 2020. Cause not known from the registers.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2022: a loss of €28,038 after €19,903 in 2021, the lowest result in the available series.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €462,386
Fixed assets
€115,258 ▲ 17.2%
Current assets
€347,128 ▼ 24.9%
Equity and liabilities €462,386
Equity
€70,171 ▼ 34.0%
Debt
€392,215 ▼ 13.7%
Debt's share of the balance-sheet total rises from 81.1% to 84.8%. Equity and debt are lower.
Key figures and ratios
Current ratio
0.92▼
2021 · 1.14
Quick ratio
0.51▼
2021 · 0.76
Debt to equity
5.59▲
2021 · 4.28
ROE
-51.4%▼
2021 · 14.8%
ROA
-7.8%▼
2021 · 2.8%
Debt ≤ 1 year
€377,262▼
2021 · €404,371
Debt > 1 year
€14,953▼
2021 · €50,113
Income taxes
€4,944
Staff costs
€116,584▲
2021 · €76,539
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | - | - | - | €1.3m | €1.1m | ▼ 16.9% |
| Goods, raw materials, services and sundry goods60/61 | - | - | - | €1.3m | €959,373 | ▼ 24.3% |
| Remuneration, social security and pensions62 | - | - | - | €76,539 | €116,584 | ▲ 52.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €6,904 | €7,546 | €9,972 | €29,001 | - | - |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | - | €17,048 | - |
| Other operating charges640/8 | - | - | - | €3,212 | €4,975 | ▲ 54.9% |
| Gross operating margin9900 | €69,043 | €162,144 | €155,846 | €128,655 | €110,568 | ▼ 14.1% |
| Operating profit (loss)9901 | €8,570 | €47,000 | €18,018 | €19,903 | -€28,038 | ▼ 241% |
| Recurring financial income75 | €5 | - | €70 | - | - | - |
| Financial charges65/66B | - | - | - | €4,126 | €3,106 | ▼ 24.7% |
| Recurring financial charges65 | €1,025 | €577 | €178 | €4,126 | €3,106 | ▼ 24.7% |
| Profit (loss) for the period before taxes9903 | €7,549 | €46,423 | €17,910 | €15,777 | -€31,144 | ▼ 297% |
| Income taxes67/77 | - | - | - | - | €4,944 | - |
| Profit (loss) for the period9904 | €7,549 | €46,423 | €17,910 | €15,777 | -€36,088 | ▼ 329% |
| Profit (loss) for the period to be appropriated9905 | €7,549 | €46,423 | €17,910 | €15,777 | -€36,088 | ▼ 329% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €102,809 | €193,993 | €243,295 | €560,742 | €462,386 | ▼ 17.5% |
| Fixed assets21/28 | €26,462 | €27,585 | €43,113 | €98,362 | €115,258 | ▲ 17.2% |
| Tangible fixed assets22/27 | €26,462 | €27,585 | €43,113 | €98,362 | €115,258 | ▲ 17.2% |
| Plant, machinery and equipment23 | - | - | - | €50,660 | €50,660 | = |
| Furniture and vehicles24 | - | - | - | €19,364 | €33,364 | ▲ 72.3% |
| Other tangible fixed assets26 | - | - | - | €28,338 | €31,233 | ▲ 10.2% |
| Current assets29/58 | €76,346 | €166,408 | €200,182 | €462,380 | €347,128 | ▼ 24.9% |
| Stocks and contracts in progress3 | €23,351 | €33,476 | €89,026 | €155,928 | €155,928 | = |
| Stocks30/36 | - | - | - | €155,928 | €155,928 | = |
| Amounts receivable within one year40/41 | €45,390 | €120,010 | €111,145 | €268,696 | €189,146 | ▼ 29.6% |
| Trade receivables40 | - | - | - | €213,061 | €69,179 | ▼ 67.5% |
| Other amounts receivable41 | - | - | - | €55,635 | €119,966 | ▲ 116% |
| Cash at bank and in hand54/58 | €7,606 | €12,922 | €11 | €37,756 | €2,054 | ▼ 94.6% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €102,809 | €193,993 | €243,295 | €560,742 | €462,386 | ▼ 17.5% |
| Equity10/15 | €18,449 | €64,871 | €90,481 | €106,258 | €70,171 | ▼ 34.0% |
| Contributions10/11 | €10,900 | €10,900 | €18,600 | €18,600 | €18,600 | = |
| Capital10 | - | - | - | - | €18,600 | - |
| Issued capital100 | - | - | - | - | €18,600 | - |
| Reserves13 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Non-distributable reserves130/1 | - | - | - | €1,860 | €1,860 | = |
| Legal reserve130 | - | - | - | - | €1,860 | - |
| Reserves not available under the articles1311 | - | - | - | €1,860 | - | - |
| Profit (loss) carried forward14 | €5,689 | €52,111 | €70,021 | €85,798 | €49,711 | ▼ 42.1% |
| Amounts payable17/49 | €84,360 | €129,121 | €152,814 | €454,484 | €392,215 | ▼ 13.7% |
| Amounts payable after more than one year17 | - | - | - | €50,113 | €14,953 | ▼ 70.2% |
| Financial debts170/4 | - | - | - | €50,113 | €14,953 | ▼ 70.2% |
| Amounts payable within one year42/48 | €84,360 | €129,121 | €152,814 | €404,371 | €377,262 | ▼ 6.7% |
| Current portion of amounts payable after more than one year42 | - | - | - | €41,129 | €33,888 | ▼ 17.6% |
| Financial debts43 | - | - | - | €3,789 | - | - |
| Credit institutions430/8 | - | - | - | €3,789 | - | - |
| Trade debts44 | €77,435 | €100,684 | €119,494 | €350,023 | €315,905 | ▼ 9.7% |
| Suppliers440/4 | - | - | - | €350,023 | €315,905 | ▼ 9.7% |
| Taxes, remuneration and social security45 | - | - | - | €8,930 | €8,318 | ▼ 6.9% |
| Taxes450/3 | - | - | - | €5,760 | €5,891 | ▲ 2.3% |
| Remuneration and social security454/9 | - | - | - | €3,170 | €2,427 | ▼ 23.4% |
| Other amounts payable47/48 | - | - | - | €501 | €19,151 | ▲ 3,726% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €7,549 | €46,423 | €17,910 | €15,777 | -€36,088 | ▼ 329% |
| + Depreciation and write-downs630 | €6,904 | €7,546 | €9,972 | €29,001 | - | - |
| Operating cash flow (approximation) | €14,453 | €53,969 | €27,882 | €44,778 | -€36,088 | ▼ 181% |
| Investment in fixed assets (approximation) | - | -€8,669 | -€25,500 | -€84,250 | -€16,896 | ▲ 79.9% |
| Change in cash | - | €5,317 | -€12,912 | €37,745 | -€35,702 | ▼ 195% |
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
2025
07-05
KBO administration
Address struck
Lt. Graffplein 15 1780 Die Sitzadresse Lt. Graffplein 15 1780
Wemmel · event 14-04-2025
13-01
Bankruptcy
Opening
Ondernemingsrechtbank Brussel · event 07-01-2025
2023
01-12
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 123 days late
2022
31-12
Financial
Weakest financial yearnet -€36,088
Net result drops to -€36,088, the lowest in the series.
03-11
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 95 days late
2021
31-12
Financial
Equity above €100,000Eq €106,258 ▲17.4%
4 profitable years in a row build equity to €106,258.
06-12
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 128 days late
2020
08-09
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 39 days late
2019
31-12
Financial
Highest result since 2018net €46,423 ▲515%
Operating result €47,000, net result €46,423, both a record.
19-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 19 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
About the unread acts
We know of 6 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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Directors · office · real estate
Directors
6 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Wemmel
Ground area
147 m²
Building footprint
144 m²
Volume, LiDAR
1,543 m³
Parcel 22662B0387/00R004, Flanders · tallest building 14.9 m, ±4 floors. Linked by address, not a title deed.
471
companies at this address
See who is registered here
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 22662B0387/00R004 | Flanders | 147 m² | 1 · 144 m² | 14.9 m · 4 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.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | JENS VREBOS HERTSBERGSESTRAAT 4, 8020 OOST-
KAMP |
07-01-2025 → present |
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Of 413 companies in sector 46872 we hold annual accounts for 218. 105 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded20-10-2017
Fiscal year end31-12
Activities, NACEBEL 2025
46872Wholesale trade
Contact
E-mail
compta@brusteel.be
E-invoicing
Not found in the Peppol register
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.