BRUSWA
ActiveBRUSWA has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €436k and a net result of €123k. Equity is growing by ~29.3% per year across the filed fiscal years. Its solvency ranks better than 83% of 16408 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is < 0.1% (very low).
Checked score
Score 2025
93
/ 100
Excellent▼ -7 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency100=
Growth78=
Stability100
Bankruptcy probability, 12 months
< 0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €40k at 30 days acceptable
Liquidity ample (current ratio 9.72 against 6.6 in 2024), and 10.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 86
Relative position
BE, all sectors
reference
Sector 86
lower
← fewer bankruptcies
more bankruptcies →
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 · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
89.8%
Return on assets
25.3%
Age of the figures
8 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-07-2026, 3 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
3 d early
2024
24 d early
2023
36 d early
2022
21 d early
2021
1 d late
2020
24 d late
2019
12 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
14-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€436k▲ 24.0%
2024 · €352k
2018: €103k
2019: €89k
2020: €88k
2021: €117k
2022: €143k
2023: €242k
2024: €352k
2018 → 2025
Total assets
€485k▲ 16.9%
2024 · €415k
2018: €161k
2019: €151k
2020: €134k
2021: €206k
2022: €220k
2023: €329k
2024: €415k
2018 → 2025
Net result
€123k▼ 5.6%
2024 · €130k
2018: €27k
2019: €28k
2020: €-56
2021: €44k
2022: €43k
2023: €124k
2024: €130k
2018 → 2025
Working capital
€412k▲ 30.6%
2024 · €316k
2018: €78k
2019: €99k
2020: €104k
2021: €133k
2022: €87k
2023: €196k
2024: €316k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€117k-€143k▲ 22.0%€242k▲ 69.4%€352k▲ 45.4%€436k▲ 24.0%
Operating result€64k-€61k▼ 4.6%€178k▲ 191%€182k▲ 2.6%€170k▼ 6.7%
Net result€44k-€43k▼ 2.1%€124k▲ 191%€130k▲ 4.6%€123k▼ 5.6%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 7% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €485k
Fixed assets
€26k▼ 40.6%
Current assets
€460k▲ 23.5%
Equity and liabilities €485k
Equity
€436k▲ 24.0%
Debt
€49k▼ 22.6%
The debt ratio falls from 15.3% to 10.2%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€190k▼
2024 · €203k
Cash flow
€142k▼
2024 · €151k
Solvency
89.8%▲
2024 · 84.7%
Current ratio
9.72▲
2024 · 6.60
Quick ratio
9.72▲
2024 · 6.60
Debt / equity
0.11▼
2024 · 0.18
ROE
28.1%▼
2024 · 36.9%
ROA
25.3%▼
2024 · 31.2%
Interest coverage
147.42▲
2024 · 122.42
Debt
€49k▼
2024 · €64k
Debt ≤ 1 year
€47k▼
2024 · €56k
Debt > 1 year
€0▼
2024 · €5k
Income taxes
€52k▼
2024 · €55k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€415k€485k▲
Fixed assets21/28€43k€26k▼
Tangible fixed assets22/27€43k€26k▼
Plant, machinery and equipment23€4k€5k▲
Furniture and vehicles24€39k€21k▼
Current assets29/58€372k€460k▲
Amounts receivable within one year40/41€37k€71k▲
Other amounts receivable41€37k€71k▲
Current investments50/53€90k€89k▼
Cash at bank and in hand54/58€117k€170k▲
Deferred charges and accrued income490/1€128k€129k▲
Equity and liabilities
Total equity and liabilities10/49€415k€485k▲
Equity10/15€352k€436k▲
Contributions10/11€6k€6k=
Reserves13€345k€430k▲
Tax-exempt reserves132€12k€12k=
Distributable reserves133€333k€418k▲
Profit (loss) carried forward14€153€0▼
Amounts payable17/49€64k€49k▼
Amounts payable after more than one year17€5k€0▼
Financial debts170/4€5k€0▼
Amounts payable within one year42/48€56k€47k▼
Current portion of amounts payable after more than one year42€12k€5k▼
Trade debts44€846€4k▲
Suppliers440/4€846€4k▲
Taxes, remuneration and social security45€23k€0▼
Taxes450/3€23k€0▼
Other amounts payable47/48€20k€38k▲
Accrued charges and deferred income492/3€2k€2k=
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€21k€20k▼
Other operating charges640/8€810€913▲
Gross operating margin9900€204k€191k▼
Operating profit (loss)9901€182k€170k▼
Financial income75/76B€4k€5k▲
Recurring financial income75€4k€5k▲
Financial charges65/66B€2k€1k▼
Recurring financial charges65€2k€1k▼
Profit (loss) for the period before taxes9903€185k€174k▼
Income taxes67/77€55k€52k▼
Profit (loss) for the period9904€130k€123k▼
Profit (loss) for the period to be appropriated9905€130k€123k▼
Appropriation of the result
Profit (loss) to be appropriated9906€130k€123k▼
Profit (loss) brought forward from the previous period14P€153€153=
Transfer from equity791/2€20k€37k▲
Transfer to equity691/2€130k€121k▼
To other reserves6921€130k€121k▼
Profit to be distributed694/7€20k€38k▲
Return on contributions (dividend)694€20k€38k▲
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
28-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
07-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2018net €130k ▲4.6%
Operating result €182k, net result €130k, both a record.
25-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Equity above €200kEq €242k ▲69.4%
3 profitable years in a row build equity to €242k.
10-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
01-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 1 day late
2021
31-12
Financial
Back to profitnet €44k
Net result €44k after one loss-making year.
31-12
Financial
Equity above €100kEq €117k ▲32.5%
Equity rises from €88k to €117k.
24-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 24 days late
2020
31-12
Financial
Weakest financial yearnet €-56 ▼100%
Net result drops to €-56, the lowest in the series; recovery starts the following year.
12-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 12 days late
2019
30-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
17-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
14-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Mechelen · 1 establishment unit since 2003
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Hombeeksesteenweg 3482800 MechelenGround area
9.7 ha
Building footprint
1.5 ha
Volume, LiDAR
978 m³
2 parcels, Flanders · tallest building 12.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Kroonveldlaan 50, 9200 Dendermonde
since 20032.252.966.738
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 42021A0127/00C000 | Flanders | 9.7 ha | 1 · 1.5 ha | - |
| 12404F0694/00D008 | Flanders | 473 m² | 1 · 181 m² | 12.9 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Legal Entity Identifier
894500GSN9SO0ZQTFV93
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Of 16,603 companies in sector 86220 we hold annual accounts for 7,960. 6,503 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded14-03-2003
Fiscal year end31-12
Activities, NACEBEL
86220Specialist medical practice
Sources
Crossroads Bank for EnterprisesNational Bank · 23 filingsAddress and cadastre registers
Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.