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BRUTOPIA

Active
Private limited companyfounded 2023active for 3 yearsSint-Katriensteenweg 69, 8520 Kuurne, BelgiumKBO/BCE: BE 0805.897.081
Summary

BRUTOPIA has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €27,777 and a net result of €109,738. The computed 12-month bankruptcy probability is 0.2% (very low).

Overview

Activity
Activity not known1 site
Size
€2.0mtotal assets 2025
Equity
€27,777
Profit
€109,738
Turnover not published (abbreviated format)
Financial health
88 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.2%
Structure
Parent
Sewolar · 66.67%
Holdings
2
Accounts 36 days early2 of 3 deeds read
Why 88raises riskFounded in 2023lowers riskSize: total assets €2.0mNo main activity registeredFigures for financial year 2025 (filed 25-06-2026)Show the evidence

Checked score

Score 2025
88 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 45% of its sector peers (no NACE code, small)
Financial strength · tick = 2024
Weak
Solvency 26+5
equity 1.4% of total assets
Liquidity 25-2
short-term debt 52.4% · cash 1.1%
Profitability 51+24
return on assets 5.5%
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 11-2024: 2.5% 12-2024: 2.5%● unchanged vs 11-2024 01-2025: 3.1%▲ +0.6 percentage points vs 12-2024 02-2025: 3.1%● unchanged vs 01-2025 03-2025: 3.4%▲ +0.3 percentage points vs 02-2025 04-2025: 3.6%▲ +0.2 percentage points vs 03-2025highest value 05-2025: 3.6%● unchanged vs 04-2025highest value 06-2025: 3.5%▼ -0.1 percentage points vs 05-2025 07-2025: 3.5%● unchanged vs 06-2025 08-2025: 0.3%▼ -3.2 percentage points vs 07-2025 09-2025: 0.3%● unchanged vs 08-2025 10-2025: 0.3%● unchanged vs 09-2025 11-2025: 0.3%● unchanged vs 10-2025 12-2025: 0.3%● unchanged vs 11-2025 01-2026: 0.3%● unchanged vs 12-2025 02-2026: 0.3%● unchanged vs 01-2026 03-2026: 0.3%● unchanged vs 02-2026 04-2026: 0.3%● unchanged vs 03-2026 05-2026: 0.3%● unchanged vs 04-2026 06-2026: 0.3%● unchanged vs 05-2026 07-2026: 0.2%▼ -0.1 percentage points vs 06-2026lowest value 08-2026: 0.2%● unchanged vs 07-2026lowest value 09-2026: 0.2%● unchanged vs 08-2026lowest value 10-2026: 0.2%● unchanged vs 09-2026
Credit of up to €2,000 on 30-day terms is acceptable
Liquidity insufficient (current ratio 0.08, compared with 0.03 in 2024, below 1; short-term debt: 52.4% and cash: 1.1% of total assets), and 98.6% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (no NACE code, small): better than 13% on solvency, 16% on liquidity, 56% on profitability and 96% on growth.

The bankruptcy probability was computed on 18-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Size: total assets €2.0m
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
lowers risk · No main activity registered
KBO
raises risk · Founded in 2023
Companies of this age fail more often than older ones; how much that weighs depends on the rest of its profile.
KBO
lowers risk · Figures for financial year 2025 (filed 25-06-2026)
NBB · annual accounts
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 25-06-2026, 36 days ahead of the deadline.
NBB · 2 filings
Deviation from the deadline
2025
36 days early
2024
27 days early
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 2 accounts on average 32 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven months
Where today falls in the filing period
19-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since incorporation in 2023.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · abbreviated…
  2. Amendment of the articlesGeneral meeting
  3. Back to profitnet €109,738

Financials · financial year 2025, abbreviated format

Equity
€27,777
2024 · -€81,962
Total assets
€2.0m▼ 3.6%
2024 · €2.1m
Net result
€109,738
2024 · -€84,962
Working capital
-€970,223▲ 2.5%
2024 · -€994,909
Trend over the years

2024 to 2025, 2 financial years

The operating result stays negative: a loss of €13,561 in 2025 against €13,316 in 2024; the loss grows.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result-€0.01m 2025 Net result€0.1m 2025

Use the arrow keys on the chart for the figures per year.

Every figure with its change against the financial year before
favourable unfavourable
Line20242025
Operating result-€0.01m--€0.01m▼ 1.8%
Net result-€0.08m-€0.1m
Equity-€0.08m-€0.03m
Total assets€2.1m-€2.0m▼ 3.6%
Debt€2.2m-€2.0m▼ 8.6%
Working capital-€1.0m--€1.0m▲ 2.5%
Turnover and EBIT margin not published: the abbreviated format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.0m
Fixed assets €1.9m ▼ 6.1%
Current assets €80,254 ▲ 165%
Equity and liabilities €2.0m
Equity €27,777
Debt €2.0m
Debt finances 98.6% of the balance-sheet total.
Key figures and ratios
2025 value · change against 2024
Current ratio
0.08▲
2024 · 0.03
Debt to equity
71.15
ROE
395.1%
ROA
5.5%▲
2024 · -4.1%
Debt ≤ 1 year
€1.1m▲
2024 · €1.0m
Debt > 1 year
€923,218▼
2024 · €1.1m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 36 lines
Balance sheet Code20242025
Assets
Total assets20/58€2.1m€2.0m▼
Fixed assets21/28€2.0m€1.9m▼
Financial fixed assets28€2.0m€1.9m▼
Current assets29/58€0.03m€0.08m▲
Amounts receivable within one year40/41€0.008m€0.06m▲
Other amounts receivable41€0.008m€0.06m▲
Cash at bank and in hand54/58€0.02m€0.02m▼
Equity and liabilities
Total equity and liabilities10/49€2.1m€2.0m▼
Equity10/15-€0.08m€0.03m▲
Contributions10/11€0.003m€0.003m=
Reserves13-€0.02m
Distributable reserves133-€0.02m
Profit (loss) carried forward14-€0.08m€0▲
Amounts payable17/49€2.2m€2.0m▼
Amounts payable after more than one year17€1.1m€0.9m▼
Financial debts170/4€1.1m€0.9m▼
Amounts payable within one year42/48€1.0m€1.1m▲
Current portion of amounts payable after more than one year42€0.2m€0.2m▲
Trade debts44€0.008m€204▼
Suppliers440/4€0.008m€204▼
Other amounts payable47/48€0.8m€0.8m▲
Accrued charges and deferred income492/3-€0.003m
Income statement Code20242025
Other operating charges640/8€0.001m€0.001m▼
Gross operating margin9900-€0.01m-€0.01m▼
Operating profit (loss)9901-€0.01m-€0.01m▼
Financial income75/76B-€0.2m
Recurring financial income75-€0.2m
Financial charges65/66B€0.07m€0.05m▼
Recurring financial charges65€0.07m€0.05m▼
Profit (loss) for the period before taxes9903-€0.08m€0.1m▲
Profit (loss) for the period9904-€0.08m€0.1m▲
Profit (loss) for the period to be appropriated9905-€0.08m€0.1m▲
Appropriation of the result
Profit (loss) to be appropriated9906-€0.08m€0.02m▲
Profit (loss) brought forward from the previous period14P--€0.08m
Transfer to equity691/2-€0.02m
To other reserves6921-€0.02m

The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20242025Change
Other operating charges640/8€898€528▼ 41.2%
Gross operating margin9900-€12,418-€13,033▼ 5.0%
Operating profit (loss)9901-€13,316-€13,561▼ 1.8%
Financial income75/76B-€177,933-
Recurring financial income75-€177,933-
Financial charges65/66B€71,646€54,634▼ 23.7%
Recurring financial charges65€71,646€54,634▼ 23.7%
Profit (loss) for the period before taxes9903-€84,962€109,738-
Profit (loss) for the period9904-€84,962€109,738-
Profit (loss) for the period to be appropriated9905-€84,962€109,738-
Line20242025Change
Assets
Total assets20/58€2.1m€2.0m▼ 3.6%
Fixed assets21/28€2.0m€1.9m▼ 6.1%
Financial fixed assets28€2.0m€1.9m▼ 6.1%
Current assets29/58€0.03m€0.08m▲ 165%
Amounts receivable within one year40/41€0.008m€0.06m▲ 676%
Other amounts receivable41€0.008m€0.06m▲ 676%
Cash at bank and in hand54/58€0.02m€0.02m▼ 3.2%
Equity and liabilities
Total equity and liabilities10/49€2.1m€2.0m▼ 3.6%
Equity10/15-€0.08m€0.03m-
Contributions10/11€0.003m€0.003m=
Reserves13-€0.02m-
Distributable reserves133-€0.02m-
Profit (loss) carried forward14-€0.08m€0-
Amounts payable17/49€2.2m€2.0m▼ 8.6%
Amounts payable after more than one year17€1.1m€0.9m▼ 18.7%
Financial debts170/4€1.1m€0.9m▼ 18.7%
Amounts payable within one year42/48€1.0m€1.1m▲ 2.5%
Current portion of amounts payable after more than one year42€0.2m€0.2m▲ 4.2%
Trade debts44€0.008m€204▼ 97.4%
Suppliers440/4€0.008m€204▼ 97.4%
Other amounts payable47/48€0.8m€0.8m▲ 3.0%
Accrued charges and deferred income492/3-€0.003m-
Line20242025Change
Profit (loss) for the period9904-€84,962€109,738-
Operating cash flow (approximation)-€84,962€109,738-
Investment in fixed assets (approximation)-€125,000-
Change in cash--€740-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (2)
Financial year Type Filed Reference
31-12-2025 abbreviated format 25-06-2026 2026-00206733
31-12-2024 abbreviated format 04-07-2025 2025-00240499

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.

Directors

Directors
No directors read yet: 2 of 3 Gazette acts processed. See the directors and other office holders in the KBO →

Owners and capital

Owners

2 owners

Chain of control

  1. Sewolar 66.67%
  2. BRUTOPIA

Highest known parent: Sewolar. The sources do not say who stands above it.

According to the 2025 annual accounts of BRUTOPIA and those of the other companies, the acts in the Belgian Official Gazette and the LEI register. Annual accounts state the shareholders that notified the company under article 7:225 of the Code of Companies and Associations and the parent companies that consolidate it. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not include these statements in its annual accounts, or does not have to, is not listed.

Group and network

Holdings and subsidiaries

2 holdings

Holdings 2

Source for every holding own accounts 2025

  • Atmossubsidiary
    Equity €281,731Result €22,823
    100%
  • T.P.M.subsidiary
    Equity €555,391Result €46,569
    100%

According to the 2025 annual accounts of BRUTOPIA and those of the other companies, the acts in the Belgian Official Gazette and the LEI register. Annual accounts state the shareholders that notified the company under article 7:225 of the Code of Companies and Associations and the parent companies that consolidate it. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not include these statements in its annual accounts, or does not have to, is not listed.

Connections & network

Depth

The network starts from this company’s shareholders. What else they own or run appears here as nodes.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

History

On 15 September 2023, BRUTOPIA was incorporated as a private limited company.1 The company has filed 2 sets of annual accounts, the latest for financial year 2025.2

  1. 1KBO register
  2. 2National Bank, annual accounts 2025

Acts, filings and financial milestones

Next filing, financial year 2026, expected by 31-07-2027
2026
25-06
NBB filing Annual accounts filed
financial year 2025 · abbreviated format
22-04
Gazette deed Amendment of the articles
General meeting2 facts ▸
  • General meeting, 30-03-2026
  • Other provision, “verlenging huidig boekjaar”, 30-06-2027 (deed in Dutch)
2025
31-12
Financial Back to profitnet €109,738
Net result €109,738 after one loss-making year.
04-07
NBB filing Annual accounts filed
financial year 2024 · abbreviated format
21-05
Gazette deed Resignation: GENTIEL (director)
Permanent representatives: Virginie VANGHELUWE, Glenn BЕЕСКМANS and Steven MESTDAGH · Director discharge8 facts ▸
  • General meeting, 10-04-2025
  • Director resignation, GENTIEL
  • Permanent representative, Virginie VANGHELUWE
  • Director discharge, GENTIEL
  • Director in office, B-KY bv (director)
  • Director in office, SEWOLAR bv (director)
  • Permanent representative, Glenn BЕЕСКМANS
  • Permanent representative, Steven MESTDAGH
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
2 of 3 deeds read
About the unread acts

Of the 3 Belgian Official Gazette deeds we know for this company, 2 have been read. The other one has not been read yet: what they contain is neither established nor disproved here.

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Register details

Identification
Legal formPrivate limited company
Founded15-09-2023
Financial year end31-12
E-invoicing
Not found in the Peppol Directory

No listing in the Peppol Directory under this enterprise or VAT number. That proves nothing: being listed there is voluntary.

What can you do?

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If you follow this company, Checked tells you the day it appears in the Peppol register.

Register as of 18 October 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.

Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.

Sites & property

Location & real-estate footprint
Registered office, Kuurne · 1 establishment unit since 2023
registered office establishment The establishment unit on the map
Ground area
4,980 m²
Building footprint
2,643 m²
Building volume
1 m³
Parcel 34023A0515/00E003, Flanders · tallest building 0.1 m. Linked by address, not a title deed.
7 companies at this address See who is registered here
1 establishment unit
BRUTOPIA
Sint-Katriensteenweg 69, 8520 KuurneActivities of holding companies
since 2023unit no. 2.351.874.272
1 parcel
Flanders 1 (100%)
Cadastral parcel Region Area Buildings Height / floors
34023A0515/00E003 Flanders 4,980 m² 1 · 2,643 m² 0.1 m
How the parcels are linked
Good to know
The parcel matches the address exactly.

Articles of association

Financial yearThe twelve-month period the company draws up its annual accounts for.
From 1 July to 30 June
Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
Second Saturday of December at 19:00; the first on 11-12-2027

Read from the deeds: 2 provisions, deed of 22-04-2026