Active BE 0766.405.809Private limited company

BRUTL

Apollostraat 150A ·2600 Antwerpen, Belgium· 5 yrs active

Conclusion Checked

The computed 12-month bankruptcy probability of BRUTL is 2.6% (moderate). The 2025 annual accounts show equity of €11k and a net result of €4k. Equity is growing by ~11.4% per year across the filed fiscal years. The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 4 annual accounts.

Key figures

Equity	€11k
Net result	€4k
Active	5 yrs
Locations	1

Snowflake analysis 5 axes · computed by Checked

57 / 100

Mixed profile: strong on profitability, weaker on solvency.

Health 45

Profitability 100

Solvency 14

Growth 32

Stability 94

Bankruptcy probability (12 mo) Checked model v1 · free

2.6% Moderate

0%0,5%1,5%4%10%≥25%

Young company +No NACE activity registered +

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Risk Assessment rule-based

0 / 100

Low risk

Trust signals 3 signals

More than 3 years active

Founded in 2021, past the statistically most fragile first 3 years.

No legal incidents

No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad.

Administratively compliant

No FOD Economie strikeouts (UBO, accounts, address, activity).

Administrative Flags 0 events

No administrative flags

Health barometer FY 2025 · computed

45 / 100 Fair

050100

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Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative, not credit advice.

Financial overview4 NBB filings

Annual accounts filed on 30-04-2026 with the NBB · fiscal year 2025 · micro

Operating resultNet result

Trajectory (indicative)

Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.

growing Equity: growth of ~11.4%/year over 4 fiscal years, indicative, assuming unchanged policy.

Solid line = filed figures · dashed = extended trend · area = indicative range.

How do we compute this?

The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.

The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.

A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).

EBITDA

€12k

+15.4% 22-25

Net profit

€4k

-82.8% 22-25

Cash flow

€9k

-62.6% 22-25

Total assets

€93k

-31.8% 22-25

Equity

€11k

-87.2% 22-25

Working capital

€-19k

- 22-25

Income taxes

€1k

-37.0% 22-25

Dividends

€80k

- 22-25

Debt

€82k

+67.2% 22-25

Debt ≤ 1y

€76k

+206.2% 22-25

Debt > 1y

€6k

-75.4% 22-25

Current ratio

0.75

-76.2% 22-25

Quick ratio

0.75

-76.2% 22-25

Solvency

12.1%

-81.2% 22-25

Debt / equity

7.28

+1203.0% 22-25

ROE

33.3%

+34.1% 22-25

ROA

4.0%

-74.8% 22-25

Interest coverage

9.50

-25.5% 22-25

Figures by fiscal year

Highlight YoY changes (±10%)

Fiscal year	2025
Revenue	-
EBITDA	€12k
Net profit	€4k
Cash flow	€9k
Staff costs	-
Income taxes	€1k
Dividends	€80k
Total assets	€93k
Equity	€11k
Debt	€82k
of which ≤ 1y	€76k
of which > 1y	€6k
Working capital	€-19k
Employees (FTE)	-

Ratios (computed)

	2025
Current ratio	0.75
Quick ratio	0.75
Working capital ratio	-20.1%
Solvency	12.1%
Debt / equity	7.28
Long-term debt ratio	0.53
Interest coverage	9.50
Gross margin	-
Net margin	-
ROA	4.0%
ROE	33.3%
EBITDA margin	-
Days sales outstanding	-
Days payable outstanding	-
Inventory turnover	-
Days inventory (DSI)	-

Balance-sheet composition 2025

Assets

Fixed assets €36k · 38.6% Current assets €57k · 61.4%

Equity & liabilities

Equity €11k · 12.1% Debt €82k · 87.9%

Full annual accounts

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2025
Balance sheet, Assets
TOTAL ASSETS	20/58	€93k
Fixed assets	21/28	€36k
Tangible fixed assets	22/27	€888
Financial fixed assets	28	€35k
Current assets	29/58	€57k
Amounts receivable within one year	40/41	€17k
Cash & bank	54/58	€29k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€93k
Equity	10/15	€11k
Contributions / capital	10/11	€1k
Reserves	13	€10k
Amounts payable	17/49	€82k
Amounts payable after one year	17	€6k
Amounts payable within one year	42/48	€76k
Trade debts payable within one year	44	€3k
Income statement
Gross operating margin	9900	€31k
Operating result	9901	€6k
Financial charges	65	€1k
Result before taxes	9903	€5k
Income taxes	67/77	€1k
Net result for the period	9904	€4k
Result to be appropriated	9905	€4k

You're seeing the latest fiscal year only. Unlock 3 prior years (figures + ratios) with a paid plan. See plans →

Ratios computed by Checked.

Legal Structure

NACE primary	-
Legal form	Private limited company(610)
Incorporation	06-04-2021
Status	Active
Postal code	2600

Establishment units 1 location

BRUTL

Apollostraat 150A, 2600 AntwerpenOntwikkeling van residentiële bouwprojecten

since 20212.315.859.756

Physical sites registered in the Crossroads Bank for Enterprises (CBE).

Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
11302A0070/00E025	Flanders	717 m²	1 · 717 m²	11.0 m · 2 fl.

Methodology

via registered seat: 1

1 of 1 parcels with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Updates 5 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2026

30-04-2026

NBB filing Annual accounts filed

fiscal year 2025 · micro

2025

10-06-2025

NBB filing Annual accounts filed

fiscal year 2024 · micro

2024

10-06-2024

NBB filing Annual accounts filed

fiscal year 2023 · verkort

2023

31-07-2023

NBB filing Annual accounts filed

fiscal year 2022 · verkort

2022

21-12-2022

State Gazette act Director changes

Jelle VAN HOVE

Belgisch Staatsblad, acts 1 acts

All acts · 1 updated 3 years ago

2022

21-12-2022 2 directors appointed, 1 resigning Director changes·Jelle VAN HOVE

SCHELFAUT Sebastiaan, Bestuurder
SCHELFAUT Sebastiaan, Bestuurder
SCHELFAUT Sebastiaan, Zaakvoerder

Notary: Jelle VAN HOVE · Antwerpen

Original publication ↗

Technical details

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Company registry (CBE) Crossroads Bank

Activities

Algemene bouw van residentiële gebouwen41001Algemene bouw van residentiële gebouwen41201Elektrotechnische installatiewerken aan gebouwen43211Algemene elektrotechnische installatiewerken43211Overige rechtskundige dienstverlening69109Overige rechtskundige dienstverlening69109Bouwarchitecten71111Activiteiten van bouwarchitecten71111

Primary activity highlighted.

Names & trade names

Legal nameNL

BRUTL

Registered office

Apollostraat 150A

2600 Antwerpen, Belgium

Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.