BRUVAL
ActiveSummary
BRUVAL has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €300,498 and a net result of -€34,979. Equity is growing by ~3.6% per year across the filed fiscal years. Its solvency ranks better than 53% of 37948 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability10▼-56
Solvency86▼-4
Growth52=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €18,000 at 30 days acceptable
Liquidity short (current ratio 0.32 against 0.66 in 2023; short-term debt: 25.9% and cash: 5.8% of total assets), and 38.8% of the assets are financed with debt.
Credit check for your own amount and term
Open the credit simulator : see how the verdict changes with amount, term and advance.
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% 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
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
61.2%
Return on assets
-7.1%
Age of the figures
21 mo
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024Net result per financial year
18192021222324
2018 to 2024 · latest year -€34,979
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 26-06-2025, 35 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
35 d early
2023
50 d early
2022
38 d early
2021
32 d early
2020
40 d late
2019
14 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 17 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.
Checked, nothing found (1)
History
Go further with this company
How much credit can you give this customer, and on what term?Credit simulator What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2024, micro schema
Equity
€300,498▼ 14.5%
2023 · €351,331
Total assets
€491,370▼ 8.9%
2023 · €539,131
Net result
-€34,979▼ 1,081%
2023 · -€2,961
Working capital
-€86,589▼ 117%
2023 · -€39,823
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€69,646▲ 32.7%€4,494▼ 93.5%€42,709▲ 850%€4,568▼ 89.3%-€26,427
Net result€47,923▲ 85.4%-€11,213€26,274-€2,961-€34,979▼ 1,081%
Equity€339,230▲ 12.6%€328,017▼ 3.3%€354,292▲ 8.0%€351,331▼ 0.8%€300,498▼ 14.5%
Total assets€561,759▼ 1.0%€536,175▼ 4.6%€533,667▼ 0.5%€539,131▲ 1.0%€491,370▼ 8.9%
Debt€212,529▼ 17.1%€208,157▼ 2.1%€179,375▼ 13.8%€187,800▲ 4.7%€190,872▲ 1.6%
Working capital-€35,098▲ 47.0%-€36,901▼ 5.1%-€19,733▲ 46.5%-€39,823▼ 102%-€86,589▼ 117%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €26,427 after €4,568 in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €491,370
Fixed assets
€450,561 ▼ 2.2%
Current assets
€40,809 ▼ 47.9%
Equity and liabilities €491,370
Equity
€300,498 ▼ 14.5%
Debt
€190,872 ▲ 1.6%
Debt's share of the balance-sheet total rises from 34.8% to 38.8%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
-€1,039▼
2023 · €28,050
Cash flow
-€9,591▼
2023 · €20,522
Current ratio
0.32▼
2023 · 0.66
Debt to equity
0.64▲
2023 · 0.53
ROE
-11.6%▼
2023 · -0.8%
ROA
-7.1%▼
2023 · -0.5%
Interest coverage
-0.12▼
2023 · 5.76
Debt ≤ 1 year
€127,398▲
2023 · €118,220
Debt > 1 year
€54,516▼
2023 · €67,561
Income taxes
€850▼
2023 · €2,655
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 2,685 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 94% are still going.
- Small
- 10 to 20 years old
- solvency 30% or more
- a small loss
0.5%
went bankrupt
5.5%
stopped otherwise
94%
still going
A further 0.4% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.2% 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 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
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 2,685 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 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €19,058 | €19,458 | €20,603 | €23,483 | €25,388 | ▲ 8.1% |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | - | -€10,000 | €0 | - | - | - |
| Other operating charges640/8 | - | €1,932 | €2,813 | €2,416 | €6,753 | ▲ 179% |
| Non-recurring operating charges66A | - | €58 | €0 | - | - | - |
| Gross operating margin9900 | €91,001 | €15,942 | €66,125 | €30,466 | €5,714 | ▼ 81.2% |
| Operating profit (loss)9901 | €69,646 | €4,494 | €42,709 | €4,568 | -€26,427 | ▼ 679% |
| Financial income75/76B | - | - | - | - | €947 | - |
| Recurring financial income75 | - | - | - | - | €947 | - |
| Financial charges65/66B | - | €2,875 | €3,535 | €4,874 | €8,649 | ▲ 77.5% |
| Recurring financial charges65 | €4,721 | €2,875 | €3,535 | €4,874 | €8,649 | ▲ 77.5% |
| Profit (loss) for the period before taxes9903 | €64,925 | €1,620 | €39,173 | -€306 | -€34,129 | ▼ 11,047% |
| Income taxes67/77 | €17,003 | €12,832 | €12,899 | €2,655 | €850 | ▼ 68.0% |
| Profit (loss) for the period9904 | €47,923 | -€11,213 | €26,274 | -€2,961 | -€34,979 | ▼ 1,081% |
| Transfer from tax-exempt reserves789 | - | €27,926 | €0 | - | - | - |
| Profit (loss) for the period to be appropriated9905 | €58,923 | €16,713 | €26,274 | -€2,961 | -€34,979 | ▼ 1,081% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €561,759 | €536,175 | €533,667 | €539,131 | €491,370 | ▼ 8.9% |
| Fixed assets21/28 | €490,767 | €474,850 | €461,237 | €460,735 | €450,561 | ▼ 2.2% |
| Tangible fixed assets22/27 | €490,692 | €471,235 | €457,622 | €457,120 | €450,486 | ▼ 1.5% |
| Land and buildings22 | - | €461,000 | €444,417 | €427,834 | €411,250 | ▼ 3.9% |
| Plant, machinery and equipment23 | - | €8,489 | €6,608 | €20,653 | €35,301 | ▲ 70.9% |
| Furniture and vehicles24 | - | €1,746 | €6,597 | €8,634 | €3,935 | ▼ 54.4% |
| Financial fixed assets28 | €75 | €3,615 | €3,615 | €3,615 | €75 | ▼ 97.9% |
| Current assets29/58 | €70,992 | €61,325 | €72,430 | €78,396 | €40,809 | ▼ 47.9% |
| Stocks and contracts in progress3 | €13,068 | €26,782 | €43,549 | €35,999 | €0 | ▼ 100% |
| Stocks30/36 | - | €26,782 | €43,549 | €35,999 | €0 | ▼ 100% |
| Amounts receivable within one year40/41 | €21,837 | €5,923 | €4,528 | €12,955 | €11,993 | ▼ 7.4% |
| Trade receivables40 | - | €5,923 | €4,528 | €5,460 | €9,340 | ▲ 71.1% |
| Other amounts receivable41 | - | - | - | €7,495 | €2,653 | ▼ 64.6% |
| Cash at bank and in hand54/58 | €36,086 | €28,620 | €24,352 | €29,442 | €28,537 | ▼ 3.1% |
| Deferred charges and accrued income490/1 | - | - | - | - | €278 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €561,759 | €536,175 | €533,667 | €539,131 | €491,370 | ▼ 8.9% |
| Equity10/15 | €339,230 | €328,017 | €354,292 | €351,331 | €300,498 | ▼ 14.5% |
| Contributions10/11 | - | €200,000 | €200,000 | €200,000 | €200,000 | = |
| Reserves13 | €96,010 | €84,798 | €111,072 | €111,072 | €95,218 | ▼ 14.3% |
| Non-distributable reserves130/1 | - | €3,308 | €3,308 | €0 | - | - |
| Reserves not available under the articles1311 | - | €3,308 | €3,308 | €0 | - | - |
| Tax-exempt reserves132 | - | €0 | - | - | - | - |
| Distributable reserves133 | - | €81,489 | €107,763 | €111,072 | €95,218 | ▼ 14.3% |
| Profit (loss) carried forward14 | €43,220 | €43,220 | €43,220 | €40,259 | €5,280 | ▼ 86.9% |
| Provisions and deferred taxes16 | €10,000 | €0 | - | - | - | - |
| Provisions for liabilities and charges160/5 | - | €0 | - | - | - | - |
| Major repairs and maintenance162 | - | €0 | - | - | - | - |
| Amounts payable17/49 | €212,529 | €208,157 | €179,375 | €187,800 | €190,872 | ▲ 1.6% |
| Amounts payable after more than one year17 | €104,937 | €107,325 | €87,212 | €67,561 | €54,516 | ▼ 19.3% |
| Financial debts170/4 | - | €107,325 | €87,212 | €67,561 | €54,516 | ▼ 19.3% |
| Amounts payable within one year42/48 | €106,090 | €98,226 | €92,163 | €118,220 | €127,398 | ▲ 7.8% |
| Current portion of amounts payable after more than one year42 | - | €20,824 | €24,530 | €22,181 | €14,116 | ▼ 36.4% |
| Financial debts43 | - | - | €2,524 | €2,551 | €0 | ▼ 100% |
| Credit institutions430/8 | - | - | €2,524 | €2,551 | €0 | ▼ 100% |
| Trade debts44 | €8,244 | €4,653 | €476 | €19,791 | €6,124 | ▼ 69.1% |
| Suppliers440/4 | - | €4,653 | €476 | €19,791 | €6,124 | ▼ 69.1% |
| Advances received on contracts in progress46 | - | €0 | - | - | - | - |
| Taxes, remuneration and social security45 | - | €47,279 | €32,686 | €29,759 | €10,592 | ▼ 64.4% |
| Taxes450/3 | - | €47,279 | €32,686 | €29,759 | €7,985 | ▼ 73.2% |
| Remuneration and social security454/9 | - | - | - | - | €2,606 | - |
| Other amounts payable47/48 | - | €25,470 | €31,948 | €43,938 | €96,567 | ▲ 120% |
| Accrued charges and deferred income492/3 | - | €2,607 | €0 | €2,020 | €8,958 | ▲ 343% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €47,923 | -€11,213 | €26,274 | -€2,961 | -€34,979 | ▼ 1,081% |
| + Depreciation and write-downs630 | €19,058 | €19,458 | €20,603 | €23,483 | €25,388 | ▲ 8.1% |
| Operating cash flow (approximation) | €66,981 | €8,245 | €46,878 | €20,522 | -€9,591 | ▼ 147% |
| Investment in fixed assets (approximation) | - | -€3,540 | -€6,990 | -€22,981 | -€15,215 | ▲ 33.8% |
| Change in cash | - | -€7,466 | -€4,268 | €5,090 | -€905 | ▼ 118% |
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
2025
26-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet -€34,979
Net result drops to -€34,979, the lowest in the series.
11-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
23-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €26,274
Net result €26,274 after one loss-making year.
29-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
09-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 40 days late
2020
31-12
Financial
Highest result since 2018net €47,923 ▲85.4%
Operating result €69,646, net result €47,923, both a record.
14-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 14 days late
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
27-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 58 days late
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 30 days late
2016
22-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 22 days late
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, Frasnes-lez-Anvaing · 1 establishment unit since 2008
Ground area
2,060 m²
Building footprint
338 m²
Volume, LiDAR
3,197 m³
2 parcels, Wallonia · tallest building 12.7 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
Rue de l'Eglise(AM) 3, 7750 Mont-de-l'Enclus
since 20082.175.607.852
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 51053C0336/00S000 | Wallonia | 1,859 m² | 1 · 214 m² | 11.1 m · 3 fl. |
| 57001B0287/00T000 | Wallonia | 200 m² | 1 · 124 m² | 12.7 m · 4 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
SELENIUM
BE 0670.450.835
Brussel · Eq €300,505
2B INSPIRED
BE 0818.391.077
Deinze · Eq €300,469
theWorks
BE 0896.376.505
Antwerpen · Eq €300,410
HARBOR
BE 0735.921.974
Brussel · Eq €300,409
GLA(N)SRIJK WONEN
BE 0879.581.053
Alken · Eq €300,587
Of 82,642 companies in sector 70200 we hold annual accounts for 52,590. 38,157 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
Founded19-08-2008
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
25631Manufacture of fabricated metal products, except machinery and equipment
E-invoicing
Reachable via Peppol
Peppol ID
0208:0899839702
Also
9925:BE0899839702
Registered
10-12-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.