Brutoema
ActiveSummary
Brutoema has been active since 1997 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €644k and a net result of €-6k. Equity is growing by ~7.1% per year across the filed fiscal years. Its solvency ranks better than 90% of 9234 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability68▼-1
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €50k at 30 days acceptable
Liquidity ample (current ratio 4.03 against 4.32 in 2024; short-term debt: 11% and cash: 0% of total assets), and 11% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four 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 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← 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
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 28-12-2025, 34 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
34 d early
2024
84 d early
2023
118 d early
2022
34 d early
2021
95 d early
2020
3 d early
2019
6 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close25-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€644k▼ 0.9%
2024 · €650k
2019: €117klowest in 7 years
2020: €498k▲ +326% vs 2019
2021: €512k▲ +2.9% vs 2020
2022: €659k▲ +28.7% vs 2021highest in 7 years
2023: €651k▼ -1.2% vs 2022
2024: €650k▼ -0.1% vs 2023
2025: €644k▼ -0.9% vs 2024
2019 → 2025
Total assets
€724k▲ 0.2%
2024 · €722k
2019: €311klowest in 7 years
2020: €693k▲ +123% vs 2019
2021: €727k▲ +4.9% vs 2020
2022: €755k▲ +3.8% vs 2021highest in 7 years
2023: €713k▼ -5.5% vs 2022
2024: €722k▲ +1.3% vs 2023
2025: €724k▲ +0.2% vs 2024
2019 → 2025
Net result
€-6k▼ 618%
2024 · €-840
2019: €24k
2020: €627▼ -97.4% vs 2019
2021: €15k▲ +2241% vs 2020
2022: €147k▲ +903% vs 2021highest in 7 years
2023: €-8k▼ -106% vs 2022lowest in 7 years
2024: €-840▲ +89.7% vs 2023
2025: €-6k▼ -618% vs 2024
2019 → 2025
Working capital
€242k▲ 7.7%
2024 · €224k
2019: €12k
2020: €16k▲ +30.1% vs 2019
2021: €5k▼ -69.1% vs 2020lowest in 7 years
2022: €177k▲ +3509% vs 2021
2023: €197k▲ +11.3% vs 2022
2024: €224k▲ +13.6% vs 2023
2025: €242k▲ +7.7% vs 2024highest in 7 years
2019 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€512k-€659k▲ 28.7%€651k▼ 1.2%€650k▼ 0.1%€644k▼ 0.9%
2021: €512klowest in 5 years
2022: €659k▲ +28.7% vs 2021highest in 5 years
2023: €651k▼ -1.2% vs 2022
2024: €650k▼ -0.1% vs 2023
2025: €644k▼ -0.9% vs 2024
Operating result€41k-€208k▲ 403%€-12k€-2k▲ 82.3%€-5k▼ 132%
2021: €41k
2022: €208k▲ +403% vs 2021highest in 5 years
2023: €-12k▼ -106% vs 2022lowest in 5 years
2024: €-2k▲ +82.3% vs 2023
2025: €-5k▼ -132% vs 2024
Net result€15k-€147k▲ 903%€-8k€-840▲ 89.7%€-6k▼ 618%
2021: €15k
2022: €147k▲ +903% vs 2021highest in 5 years
2023: €-8k▼ -106% vs 2022lowest in 5 years
2024: €-840▲ +89.7% vs 2023
2025: €-6k▼ -618% vs 2024
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €5k in 2025 against €2k in 2024; the loss grows.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €724k
Fixed assets
€403k ▼ 6.4%
Current assets
€321k ▲ 10.1%
Equity and liabilities €724k
Equity
€644k ▼ 0.9%
Debt
€80k ▲ 10.7%
Debt's share of the balance-sheet total rises from 10.0% to 11.0%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€23k▼
2024 · €26k
Cash flow
€22k▼
2024 · €27k
Current ratio
4.03▼
2024 · 4.32
Debt to equity
0.12▲
2024 · 0.11
ROE
-0.9%▼
2024 · -0.1%
ROA
-0.8%▼
2024 · -0.1%
Interest coverage
84.29▼
2024 · 427.99
Debt ≤ 1 year
€80k▲
2024 · €67k
Income taxes
€5k▼
2024 · €7k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 45 lines
Balance sheet
Code20242025
Assets
Total assets20/58€722k€724k▲
Fixed assets21/28€431k€403k▼
Tangible fixed assets22/27€431k€403k▼
Land and buildings22€431k€403k▼
Current assets29/58€292k€321k▲
Amounts receivable after more than one year29€249k€249k=
Other amounts receivable291€249k€249k=
Amounts receivable within one year40/41€29k€72k▲
Other amounts receivable41€29k€72k▲
Cash at bank and in hand54/58€1k€332▼
Deferred charges and accrued income490/1€13k€0▼
Equity and liabilities
Total equity and liabilities10/49€722k€724k▲
Equity10/15€650k€644k▼
Contributions10/11€78k€78k=
Capital10€78k€78k=
Issued capital100€78k€78k=
Revaluation surpluses12€304k€285k▼
Reserves13€268k€287k▲
Non-distributable reserves130/1€8k€8k=
Legal reserve130€8k€8k=
Distributable reserves133€260k€279k▲
Profit (loss) carried forward14-€-6k
Amounts payable17/49€72k€80k▲
Amounts payable within one year42/48€67k€80k▲
Trade debts44€59k€71k▲
Suppliers440/4€59k€71k▲
Taxes, remuneration and social security45€7k€5k▼
Taxes450/3€7k€5k▼
Other amounts payable47/48€2k€4k▲
Accrued charges and deferred income492/3€4k€0▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€28k€28k=
Other operating charges640/8€10k€5k▼
Gross operating margin9900€35k€28k▼
Operating profit (loss)9901€-2k€-5k▼
Financial income75/76B€8k€4k▼
Recurring financial income75€8k€4k▼
Financial charges65/66B€60€271▲
Recurring financial charges65€60€271▲
Profit (loss) for the period before taxes9903€6k€-1k▼
Income taxes67/77€7k€5k▼
Profit (loss) for the period9904€-840€-6k▼
Profit (loss) for the period to be appropriated9905€-840€-6k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-840€-6k▼
Transfer from equity791/2€840€0▼
Social balance
Average headcount (FTE)9087-0.0
The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €221k | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €28k | €28k | €28k | €28k | €28k | = |
| Other operating charges640/8 | - | €9k | €9k | €10k | €5k | ▼ 44.0% |
| Gross operating margin9900 | €75k | €244k | €25k | €35k | €28k | ▼ 19.8% |
| Operating profit (loss)9901 | €41k | €208k | €-12k | €-2k | €-5k | ▼ 132% |
| Financial income75/76B | - | €5k | €8k | €8k | €4k | ▼ 49.8% |
| Recurring financial income75 | €2k | €5k | €8k | €8k | €4k | ▼ 49.8% |
| Financial charges65/66B | - | €5k | €165 | €60 | €271 | ▲ 353% |
| Recurring financial charges65 | €14k | €5k | €165 | €60 | €271 | ▲ 353% |
| Profit (loss) for the period before taxes9903 | €30k | €208k | €-4k | €6k | €-1k | ▼ 120% |
| Income taxes67/77 | €15k | €61k | €4k | €7k | €5k | ▼ 26.5% |
| Profit (loss) for the period9904 | €15k | €147k | €-8k | €-840 | €-6k | ▼ 618% |
| Profit (loss) for the period to be appropriated9905 | €15k | €147k | €-8k | €-840 | €-6k | ▼ 618% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €727k | €755k | €713k | €722k | €724k | ▲ 0.2% |
| Fixed assets21/28 | €628k | €486k | €458k | €431k | €403k | ▼ 6.4% |
| Tangible fixed assets22/27 | €628k | €486k | €458k | €431k | €403k | ▼ 6.4% |
| Land and buildings22 | - | €486k | €458k | €431k | €403k | ▼ 6.4% |
| Current assets29/58 | €99k | €269k | €255k | €292k | €321k | ▲ 10.1% |
| Amounts receivable after more than one year29 | - | €249k | €249k | €249k | €249k | = |
| Other amounts receivable291 | - | €249k | €249k | €249k | €249k | = |
| Amounts receivable within one year40/41 | €91k | €12k | €3k | €29k | €72k | ▲ 148% |
| Other amounts receivable41 | - | €12k | €3k | €29k | €72k | ▲ 148% |
| Cash at bank and in hand54/58 | €810 | €126 | €686 | €1k | €332 | ▼ 74.0% |
| Deferred charges and accrued income490/1 | - | €8k | €3k | €13k | €0 | ▼ 100% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €727k | €755k | €713k | €722k | €724k | ▲ 0.2% |
| Equity10/15 | €512k | €659k | €651k | €650k | €644k | ▼ 0.9% |
| Contributions10/11 | €78k | €78k | €78k | €78k | €78k | = |
| Capital10 | - | €78k | €78k | €78k | €78k | = |
| Issued capital100 | - | €78k | €78k | €78k | €78k | = |
| Revaluation surpluses12 | - | €342k | €323k | €304k | €285k | ▼ 6.2% |
| Reserves13 | €73k | €239k | €250k | €268k | €287k | ▲ 7.1% |
| Non-distributable reserves130/1 | - | €8k | €8k | €8k | €8k | = |
| Legal reserve130 | - | €8k | €8k | €8k | €8k | = |
| Distributable reserves133 | - | €231k | €242k | €260k | €279k | ▲ 7.3% |
| Profit (loss) carried forward14 | - | - | - | - | €-6k | - |
| Amounts payable17/49 | €215k | €95k | €62k | €72k | €80k | ▲ 10.7% |
| Amounts payable after more than one year17 | €116k | - | - | - | - | - |
| Amounts payable within one year42/48 | €94k | €91k | €58k | €67k | €80k | ▲ 18.1% |
| Trade debts44 | €49k | €25k | €43k | €59k | €71k | ▲ 21.1% |
| Suppliers440/4 | - | €25k | €43k | €59k | €71k | ▲ 21.1% |
| Taxes, remuneration and social security45 | - | €66k | €9k | €7k | €5k | ▼ 26.5% |
| Taxes450/3 | - | €66k | €9k | €7k | €5k | ▼ 26.5% |
| Other amounts payable47/48 | - | - | €5k | €2k | €4k | ▲ 69.1% |
| Accrued charges and deferred income492/3 | - | €4k | €4k | €4k | €0 | ▼ 100% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €15k | €147k | €-8k | €-840 | €-6k | ▼ 618% |
| + Depreciation and write-downs630 | €28k | €28k | €28k | €28k | €28k | = |
| Operating cash flow (approximation) | €42k | €175k | €20k | €27k | €22k | ▼ 19.3% |
| Investment in fixed assets (approximation) | - | €114k | €0 | €0 | €0 | - |
| Change in cash | - | €-684 | €560 | €591 | €-945 | ▼ 260% |
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
Next filing, fiscal year 2026, expected by
2025
28-12
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2024
08-11
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2023
05-10
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
30-06
Financial
Weakest financial yearnet €-8k
Net result drops to €-8k, the lowest in the series; recovery starts the following year.
2022
28-12
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
30-06
Financial
Highest result since 2019net €147k ▲903%
Operating result €208k, net result €147k, both a record.
30-06
Financial
Liquidity triplescurrent ratio 2.94
Current ratio from 1.05 to 2.94; short-term debt falls from €94k to €91k.
2021
28-10
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
30-06
Financial
Equity above €500kEq €512k ▲2.9%
3 profitable years in a row build equity to €512k.
28-01
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
30-06
Financial
Equity above €200kEq €498k ▲326%
2 profitable years in a row build equity to €498k.
25-01
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
Show earlier events
2019
28-01
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
09-01
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
24-01
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
5 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, Herzele · 1 establishment unit since 1997
Ground area
598 m²
Building footprint
1,575 m²
Volume, LiDAR
11,071 m³
Parcel 41062C0861/00G000, Flanders · tallest building 22.3 m, ±2 floors. Linked by address, not a title deed.
4
companies at this address
See who is registered here
1 establishment unit
BRUTOEMA NV
since 19972.080.728.588
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41062C0861/00G000 | Flanders | 598 m² | 1 · 1,575 m² | 22.3 m · 2 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.
1 of these parcels carry protected heritage: expect extra rules on renovation or sale.
Similar companies · same sector, comparable size
ADVIES, CONSULTANCY, EXPERTISE INZAKE COMPUTERTECHNOLOGIE
BE 0417.245.795
Koksijde · Eq €644,543
NICOV IMMOBILIEN
BE 0480.157.918
Kalmthout · Eq €644,631
DVH INVEST
BE 0477.999.370
Meise · Eq €643,869
HOUSELECT REAL ESTATE
BE 0862.490.841
Gent · Eq €645,383
AVG PROPERTIES
BE 0680.782.523
Destelbergen · Eq €645,744
Of 11,748 companies in sector 68310 we hold annual accounts for 6,905. 4,288 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded28-02-1997
Fiscal year end30-06
Activities, NACEBEL 2025
68310Real estate agency activities
Scores and ratios are computed by Checked and are not a credit decision.