BRUTECH
Open bankruptcyA bankruptcy procedure is open for BRUTECH according to publications in the Belgian State Gazette; curator: Lise HEILPORN. The 2022 annual accounts show equity of €346k and a net result of €137k.
Signals
Three signals.
+raises risk○neutral
Financials · fiscal year 2022, full schema
Turnover
€1.17M▲ 87.6%
2021 · €624k
2018: €844k
2019: €830k
2020: €598k
2021: €624k
2018 → 2022
EBIT margin
11.9%▲ 16.0pp
2021 · -4.1%
2018: 3.0%
2019: 5.0%
2020: -2.9%
2021: -4.1%
2018 → 2022
Net result
€137k
2021 · €-28k
2018: €14k
2019: €33k
2020: €-20k
2021: €-28k
2018 → 2022
Working capital
€319k▲ 83.1%
2021 · €174k
2018: €162k
2019: €200k
2020: €189k
2021: €174k
2018 → 2022
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20182019202020212022Trend
Turnover€844k-€830k▼ 1.7%€598k▼ 28.0%€624k▲ 4.4%€1.17M▲ 87.6%
Equity€224k-€256k▲ 14.6%€237k▼ 7.7%€209k▼ 11.7%€346k▲ 65.5%
Operating result€25k-€42k▲ 66.3%€-17k€-25k▼ 47.9%€140k
Net result€14k-€33k▲ 139%€-20k€-28k▼ 40.4%€137k
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2022: €140k after a loss of €25k in 2021, the highest result in the available series.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €609k
Fixed assets
€27k▼ 23.1%
Current assets
€583k▲ 8.7%
Equity and liabilities €609k
Equity
€346k▲ 65.5%
Debt
€264k▼ 27.1%
The debt ratio falls from 63.4% to 43.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€150k▲
2021 · €-12k
Cash flow
€147k▲
2021 · €-14k
Solvency
56.7%▲
2021 · 36.6%
Current ratio
2.21▲
2021 · 1.48
Quick ratio
2.06▲
2021 · 1.37
Debt / equity
0.76▼
2021 · 1.73
ROE
39.6%▲
2021 · -13.3%
ROA
22.5%▲
2021 · -4.9%
Interest coverage
154.21▲
2021 · -19.93
Debt
€264k▼
2021 · €362k
Debt ≤ 1 year
€264k▼
2021 · €362k
Income taxes
€3k▲
2021 · €3k
Staff costs
€168k▲
2021 · €64k
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 · 2022 against 2021
Balance sheet
Code20212022
Assets
Total assets20/58€570k€609k▲
Fixed assets21/28€35k€27k▼
Intangible fixed assets21€32k€24k▼
Tangible fixed assets22/27€2k€2k▲
Plant, machinery and equipment23€2k€2k=
Furniture and vehicles24€63€383▲
Other tangible fixed assets26€437€218▼
Financial fixed assets28€85€85=
Current assets29/58€536k€583k▲
Stocks and contracts in progress3€40k€40k=
Stocks30/36€40k€40k=
Amounts receivable within one year40/41€455k€492k▲
Trade receivables40€342k€335k▼
Other amounts receivable41€113k€157k▲
Cash at bank and in hand54/58€3k€13k▲
Deferred charges and accrued income490/1€37k€37k=
Equity and liabilities
Total equity and liabilities10/49€570k€609k▲
Equity10/15€209k€346k▲
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€4k€4k=
Non-distributable reserves130/1€4k€4k=
Legal reserve130€4k€4k=
Profit (loss) carried forward14€143k€280k▲
Amounts payable17/49€362k€264k▼
Amounts payable within one year42/48€362k€264k▼
Trade debts44€264k€135k▼
Suppliers440/4€264k€135k▼
Advances received on contracts in progress46€7k€15k▲
Taxes, remuneration and social security45€83k€107k▲
Taxes450/3€32k€39k▲
Remuneration and social security454/9€51k€68k▲
Other amounts payable47/48€7k€7k=
Income statement
Code20212022
Turnover70€624k€1.17M▲
Goods, raw materials, services and sundry goods60/61€571k€862k▲
Remuneration, social security and pensions62€64k€168k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€13k€10k▼
Other operating charges640/8€6k€3k▼
Gross operating margin9900€58k€321k▲
Operating profit (loss)9901€-25k€140k▲
Financial income75/76B€929€782▼
Recurring financial income75€345€782▲
Non-recurring financial income76B€584€782▲
Financial charges65/66B€600€972▲
Recurring financial charges65€600€972▲
Profit (loss) for the period before taxes9903€-25k€140k▲
Income taxes67/77€3k€3k▲
Profit (loss) for the period9904€-28k€137k▲
Profit (loss) for the period to be appropriated9905€-28k€137k▲
Appropriation of the result
Profit (loss) to be appropriated9906€143k€280k▲
Profit (loss) brought forward from the previous period14P€171k€143k▼
Social balance
Average headcount (FTE)90874.64.6=
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
2024
07-10
Bankruptcy
Opening
Tribunal de l’entreprise francophone de Bruxelles · BRUTECH SA RUE DU MOULIN 146, 1210 SAINT-JOSSE-TEN-NOODE · event 30-09-2024
03-06
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 673 days late
08-05
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 282 days late
2023
11-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 741 days late
11-08
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 1106 days late
2022
31-12
Financial
Back to profitnet €137k
Net result €137k after 2 loss-making years.
2021
31-12
Financial
Weakest financial yearnet €-28k
Net result drops to €-28k, the lowest in the series.
2020
08-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 313 days late
2018
19-11
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 111 days late
2017
21-12
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 143 days late
20-04
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 263 days late
2015
23-11
NBB filing
Annual accounts filed
fiscal year 2014 · full schema · 115 days late
2014
10-09
NBB filing
Annual accounts filed
fiscal year 2013 · full schema · 41 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
8 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, Sint-Joost-ten-Node · 2 establishment units since 2000
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.
Molenstraat 1461210 Sint-Joost-ten-NodeGround area
4,057 m²
Building footprint
616 m²
Volume, LiDAR
4,601 m³
2 parcels, Brussels, Flanders · tallest building 17.9 m, ±2 floors. Linked by address, not a title deed.
2 establishment units
Molenstraat 146, 1210 Sint-Joost-ten-Node
since 20002.094.138.839
BUSNESS CENTER GRIMBERGEN
since 20192.299.779.829
2 parcels
Flanders
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23084A0271/00V003 | Flanders | 3,448 m² | 1 · 267 m² | 8.0 m · 2 fl. |
| 21572B0012/00C006 | Brussels | 610 m² | 1 · 349 m² | 17.9 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.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | Lise HEILPORN CHAUSSEE DE LA HULPE 150,
1170 WATERMAEL-BOITSFORT |
30-09-2024 → present |
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Of 1,510 companies in sector 47540 we hold annual accounts for 805. 641 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded07-02-2000
Fiscal year end31-12
Activities, NACEBEL
47540Retail sale of electrical household appliances
43990Other specialised construction activities
43999Specialised construction activities
45112
46180Agents specialised in the wholesale of other particular products
47521Retail sale of hardware, building materials, paint and glass (general range)
47524Retail trade
Sources
Crossroads Bank for EnterprisesNational Bank · 23 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:info@bru-tech.be
Phone:02.215.88.83