BRUUZ
ActiveSummary
BRUUZ has been active since 1999 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €206,198 and a net result of €70,022. Equity is growing by ~9.2% per year across the filed fiscal years. Its solvency ranks better than 50% of 13617 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.2% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability81▲+10
Solvency55▼-16
Growth78=
Track record100
Bankruptcy probability, 12 months
1.2%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €13,000 at 30 days acceptable
Liquidity tight (current ratio 1.32 against 1.9 in 2024; short-term debt: 43.9% and cash: 29.2% of total assets), and 70.1% of the assets are financed with debt.
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Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Food and beverage service activities (NACE 56)
about 206% more 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 31-03-2025 was due by 31-10-2025 and was filed on 29-10-2025, 2 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
2 d early
2024
7 d early
2023
4 d early
2022
3 d early
2021
5 d early
2020
1 d early
2019
23 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 6 days before the deadline; the sector median for financial year 2024 is 6 days after the deadline, and 53% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today. Usually files around 27 October (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
31-03-2026 close29-09-2026 today31-10-2026 deadline
History
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Financials · fiscal year 2025, micro schema
In the rankings
#2 oldest company in Zedelgem, Accommodation and food service sector#9 company by equity in Zedelgem, Accommodation and food service sector
Source amounts without an identifiable currency are assumed to be EUR.
Equity
€206,198▼ 16.9%
2024 · €248,058
Total assets
€688,839▲ 27.5%
2024 · €540,317
Net result
€70,022▲ 773%
2024 · €8,025
Working capital
€95,755▼ 35.5%
2024 · €148,449
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 56, Food and beverage service activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€47,090€90,054▲ 91.2%€1,806▼ 98.0%€16,690▲ 824%€113,325▲ 579%
Net result€37,753within the sector's middle half€56,140above the sector's middle half▲ 48.7%-€6,469below the sector's middle half€8,025within the sector's middle half€70,022above the sector's middle half▲ 773%
Equity€190,363within the sector's middle half▲ 26.4%€246,503above the sector's middle half▲ 29.5%€240,034within the sector's middle half▼ 2.6%€248,058above the sector's middle half▲ 3.3%€206,198above the sector's middle half▼ 16.9%
Total assets€332,488within the sector's middle half▼ 9.2%€379,343above the sector's middle half▲ 14.1%€514,383within the sector's middle half▲ 35.6%€540,317above the sector's middle half▲ 5.0%€688,839above the sector's middle half▲ 27.5%
Debt€142,125▼ 34.0%€132,839▼ 6.5%€274,349▲ 107%€292,258▲ 6.5%€482,641▲ 65.1%
Working capital€150,221above the sector's middle half▲ 137%€181,990above the sector's middle half▲ 21.1%€162,653above the sector's middle half▼ 10.6%€148,449above the sector's middle half▼ 8.7%€95,755above the sector's middle half▼ 35.5%
Solvency57.3%above the sector's middle half▲ 16.1pp65.0%above the sector's middle half▲ 7.7pp46.7%within the sector's middle half▼ 18.3pp45.9%within the sector's middle half▼ 0.8pp29.9%within the sector's middle half▼ 16.0pp
Current ratio3.71above the sector's middle half▲ 2.203.28above the sector's middle half▼ 0.431.91within the sector's middle half▼ 1.371.90within the sector's middle half▼ 0.011.32within the sector's middle half▼ 0.58
Return on assets (ROA)11.4%within the sector's middle half▲ 12.3pp14.8%within the sector's middle half▲ 3.4pp-1.3%within the sector's middle half▼ 16.1pp1.5%within the sector's middle half▲ 2.7pp10.2%within the sector's middle half▲ 8.7pp
Staff (FTE)5.1within the sector's middle half▼ 21.5%5.2▲ 2.0%5.6within the sector's middle half▲ 7.7%6.3
above
within
below
the middle half (P25 to P75) of NACE 56, Food and beverage service activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 579% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €688,839
Fixed assets
€290,831 ▲ 28.6%
Current assets
€398,008 ▲ 26.7%
Equity and liabilities €688,839
Equity
€206,198 ▼ 16.9%
Debt
€482,641 ▲ 65.1%
Debt's share of the balance-sheet total rises from 54.1% to 70.1%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€188,243▲
2024 · €81,396
Cash flow
€144,940▲
2024 · €72,731
Quick ratio
1.28▼
2024 · 1.82
Debt to equity
2.34▲
2024 · 1.18
ROE
34.0%▲
2024 · 3.2%
Interest coverage
14.92▲
2024 · 9.66
Debt ≤ 1 year
€302,253▲
2024 · €165,647
Debt > 1 year
€176,922▲
2024 · €126,568
Income taxes
€33,197▲
2024 · €242
Staff costs
€260,337▲
2024 · €258,271
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 3,818 companies that looked in July 2024 the way this one looks now, 1.0% went bankrupt within 24 months and 95% are still going.
- Micro
- 20 years or older
- solvency 10 to 30%
- a profit of 5% of the balance sheet or more
1.0%
went bankrupt
3.7%
stopped otherwise
95%
still going
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 1.2% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.9% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 3,818 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €1,551 | - | - | - |
| Remuneration, social security and pensions62 | - | €153,238 | €246,020 | €258,271 | €260,337 | ▲ 0.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €53,161 | €34,493 | €54,147 | €64,706 | €74,918 | ▲ 15.8% |
| Other operating charges640/8 | - | €4,736 | €11,547 | €6,196 | €6,052 | ▼ 2.3% |
| Non-recurring operating charges66A | - | - | - | €42,634 | - | - |
| Gross operating margin9900 | €179,355 | €282,522 | €313,520 | €388,497 | €454,632 | ▲ 17.0% |
| Operating profit (loss)9901 | €47,090 | €90,054 | €1,806 | €16,690 | €113,325 | ▲ 579% |
| Financial income75/76B | - | €529 | - | - | €2,507 | - |
| Recurring financial income75 | €4 | €529 | - | - | €317 | - |
| Non-recurring financial income76B | - | €529 | - | - | €2,190 | - |
| Financial charges65/66B | - | €4,927 | €7,183 | €8,424 | €12,613 | ▲ 49.7% |
| Recurring financial charges65 | €4,493 | €4,927 | €7,183 | €8,424 | €12,613 | ▲ 49.7% |
| Profit (loss) for the period before taxes9903 | €45,421 | €85,657 | -€5,377 | €8,266 | €103,219 | ▲ 1,149% |
| Income taxes67/77 | €7,669 | €29,517 | €1,092 | €242 | €33,197 | ▲ 13,643% |
| Profit (loss) for the period9904 | €37,753 | €56,140 | -€6,469 | €8,025 | €70,022 | ▲ 773% |
| Transfer from tax-exempt reserves789 | - | €14,293 | - | - | - | - |
| Profit (loss) for the period to be appropriated9905 | €59,453 | €70,433 | -€6,469 | €8,025 | €70,022 | ▲ 773% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €332,488 | €379,343 | €514,383 | €540,317 | €688,839 | ▲ 27.5% |
| Fixed assets21/28 | €126,790 | €117,576 | €172,400 | €226,221 | €290,831 | ▲ 28.6% |
| Tangible fixed assets22/27 | €126,790 | €117,576 | €172,400 | €226,221 | €290,831 | ▲ 28.6% |
| Land and buildings22 | - | €71,362 | €58,275 | €50,839 | €41,694 | ▼ 18.0% |
| Plant, machinery and equipment23 | - | €31,009 | €31,808 | €46,413 | €27,327 | ▼ 41.1% |
| Furniture and vehicles24 | - | €11,024 | €78,732 | €113,016 | €80,758 | ▼ 28.5% |
| Other tangible fixed assets26 | - | €4,180 | €3,585 | €15,953 | €141,051 | ▲ 784% |
| Current assets29/58 | €205,698 | €261,766 | €341,984 | €314,095 | €398,008 | ▲ 26.7% |
| Stocks and contracts in progress3 | €1,061 | €13,543 | €12,864 | €12,360 | €12,181 | ▼ 1.5% |
| Stocks30/36 | - | €13,543 | €12,864 | €12,360 | €12,181 | ▼ 1.5% |
| Amounts receivable within one year40/41 | €202,405 | €149,739 | €226,444 | €194,849 | €184,742 | ▼ 5.2% |
| Trade receivables40 | - | - | €62,327 | €3,853 | €1,972 | ▼ 48.8% |
| Other amounts receivable41 | - | €149,739 | €164,117 | €190,996 | €182,770 | ▼ 4.3% |
| Cash at bank and in hand54/58 | - | €93,854 | €95,179 | €97,593 | €201,085 | ▲ 106% |
| Deferred charges and accrued income490/1 | - | €4,630 | €7,496 | €9,293 | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €332,488 | €379,343 | €514,383 | €540,317 | €688,839 | ▲ 27.5% |
| Equity10/15 | €190,363 | €246,503 | €240,034 | €248,058 | €206,198 | ▼ 16.9% |
| Contributions10/11 | - | €34,600 | €34,600 | €34,600 | €34,600 | = |
| Reserves13 | €153,636 | €209,775 | €209,775 | €213,458 | €171,598 | ▼ 19.6% |
| Non-distributable reserves130/1 | - | €27,460 | €27,460 | €27,460 | €27,460 | = |
| Reserves not available under the articles1311 | - | €27,460 | €27,460 | €27,460 | €27,460 | = |
| Distributable reserves133 | - | €182,315 | €182,315 | €185,998 | €144,138 | ▼ 22.5% |
| Profit (loss) carried forward14 | €2,128 | €2,128 | -€4,342 | - | - | - |
| Amounts payable17/49 | €142,125 | €132,839 | €274,349 | €292,258 | €482,641 | ▲ 65.1% |
| Amounts payable after more than one year17 | €79,011 | €45,356 | €89,169 | €126,568 | €176,922 | ▲ 39.8% |
| Financial debts170/4 | - | €45,356 | €89,169 | €126,568 | €176,922 | ▲ 39.8% |
| Amounts payable within one year42/48 | €55,477 | €79,776 | €179,331 | €165,647 | €302,253 | ▲ 82.5% |
| Current portion of amounts payable after more than one year42 | - | €18,656 | €22,151 | €43,531 | €59,332 | ▲ 36.3% |
| Financial debts43 | - | €20,000 | €12,552 | €12,567 | €12,558 | ▼ 0.1% |
| Credit institutions430/8 | - | €20,000 | - | - | - | - |
| Other loans439 | - | - | €12,552 | €12,567 | €12,558 | ▼ 0.1% |
| Trade debts44 | €3,387 | €27,238 | €91,288 | €92,826 | €101,758 | ▲ 9.6% |
| Suppliers440/4 | - | €27,238 | €91,288 | €92,826 | €101,758 | ▲ 9.6% |
| Taxes, remuneration and social security45 | - | €11,915 | €53,078 | €16,723 | €20,534 | ▲ 22.8% |
| Taxes450/3 | - | €11,915 | €12,873 | €4,457 | €12,050 | ▲ 170% |
| Remuneration and social security454/9 | - | - | €40,205 | €12,266 | €8,484 | ▼ 30.8% |
| Other amounts payable47/48 | - | €1,968 | €262 | - | €108,071 | - |
| Accrued charges and deferred income492/3 | - | €7,707 | €5,849 | €43 | €3,466 | ▲ 7,915% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €37,753 | €56,140 | -€6,469 | €8,025 | €70,022 | ▲ 773% |
| + Depreciation and write-downs630 | €53,161 | €34,493 | €54,147 | €64,706 | €74,918 | ▲ 15.8% |
| Operating cash flow (approximation) | €90,913 | €90,633 | €47,678 | €72,731 | €144,940 | ▲ 99.3% |
| Investment in fixed assets (approximation) | - | -€25,279 | -€108,970 | -€118,528 | -€139,527 | ▼ 17.7% |
| Change in cash | - | - | €1,325 | €2,414 | €103,492 | ▲ 4,188% |
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
29-10
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
31-03
Financial
Highest result since 2019net €70,022 ▲773%
Operating result €113,325, net result €70,022, both a record.
2024
24-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
31-03
Financial
Back to profitnet €8,025
Net result €8,025 after one loss-making year.
2023
27-10
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
31-03
Financial
Weakest financial yearnet -€6,469
Net result drops to -€6,469, the lowest in the series; recovery starts the following year.
2022
28-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
31-03
Financial
Equity above €200,000Eq €246,503 ▲29.5%
2 profitable years in a row build equity to €246,503.
2021
26-10
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
31-03
Financial
Back to profitnet €37,753
Net result €37,753 after 2 loss-making years.
31-03
Financial
Liquidity doublescurrent ratio 3.71
Current ratio from 1.51 to 3.71; short-term debt falls from €125,572 to €55,477.
2020
30-10
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
Show earlier events
2019
08-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2018
16-10
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2017
24-10
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2016
30-09
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 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 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, Zedelgem · 1 establishment unit since 2002
Ground area
865 m²
Building footprint
443 m²
Volume, LiDAR
2,618 m³
Parcel 31040D0385/00N002, Flanders · tallest building 12.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
DE BOOT-ERHAM
since 20022.091.609.218
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31040D0385/00N002 | Flanders | 865 m² | 1 · 443 m² | 12.1 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.
Public money · subsidies and aid
Flemish government
2023 · 1 entry · 2,000 EUR awarded · 2,000 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 2,000 EUR | 2,000 EUR |
Schemes
Recognitions · licences · registrations
Food safety, FASFC
1 siteZedelgem2.091.609.218
Dual-learning approval
5 endedKeukenmedewerker (vwo)
Keukenmedewerker duaal (so)
Kok (so)
Keukenmedewerker (so)
Medewerker snackbar-taverne (so)
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Of 21,853 companies in sector 56112 we hold annual accounts for 9,781. 6,610 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded08-07-1999
Fiscal year end31-03
Activities, NACEBEL 2025
56112Limited-service restaurants, excluding mobile food services
E-invoicing
Reachable via Peppol
Peppol ID
0208:0466354917
Registered
29-07-2024
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.