BRUYNSEELS IVAN
ActiveBRUYNSEELS IVAN has been active since 1995 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €104k and a net result of €-8k. Equity is growing by ~6.6% per year across the filed fiscal years. Its solvency ranks better than 88% of 36373 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2024
61
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability11▼-83
Solvency100▲+6
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6k at 30 days acceptable
Liquidity ample (current ratio 4.39 against 2.59 in 2023; short-term debt: 17.3% and cash: 6.5% of total assets), and 17.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five 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 43
Relative position
BE, all sectors
reference
Sector 43
higher
← 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
82.7%
Return on assets
-6.4%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 12-09-2025, 43 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
43 d late
2023
9 d late
2022
3 d late
2021
5 d late
2020
1 d early
2019
25 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€104k▼ 7.2%
2023 · €112k
2018: €77k
2019: €85k
2020: €93k
2021: €103k
2022: €84k
2023: €112k
2018 → 2024
Total assets
€126k▼ 22.8%
2023 · €163k
2018: €189k
2019: €151k
2020: €138k
2021: €152k
2022: €151k
2023: €163k
2018 → 2024
Net result
€-8k
2023 · €33k
2018: €16k
2019: €9k
2020: €9k
2021: €9k
2022: €41k
2023: €33k
2018 → 2024
Working capital
€74k▼ 7.7%
2023 · €80k
2018: €38k
2019: €47k
2020: €54k
2021: €64k
2022: €49k
2023: €80k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€93k-€103k▲ 10.0%€84k▼ 18.0%€112k▲ 32.9%€104k▼ 7.2%
Operating result€13k-€14k▲ 6.6%€56k▲ 306%€45k▼ 19.8%€-7k
Net result€9k-€9k▲ 3.0%€41k▲ 334%€33k▼ 19.9%€-8k
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 €7k after €45k in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €126k
Fixed assets
€30k▼ 7.6%
Current assets
€96k▼ 26.6%
Equity and liabilities €126k
Equity
€104k▼ 7.2%
Debt
€22k▼ 57.1%
The debt ratio falls from 31.2% to 17.3%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-4k▼
2023 · €48k
Cash flow
€-6k▼
2023 · €35k
Solvency
82.7%▲
2023 · 68.8%
Current ratio
4.39▲
2023 · 2.59
Quick ratio
4.19▲
2023 · 2.49
Debt / equity
0.21▼
2023 · 0.45
ROE
-7.7%▼
2023 · 29.1%
ROA
-6.4%▼
2023 · 20.1%
Interest coverage
-3.37▼
2023 · 45.87
Debt
€22k▼
2023 · €51k
Debt ≤ 1 year
€22k▼
2023 · €50k
Income taxes
€468▼
2023 · €12k
Staff costs
€26k▼
2023 · €31k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€163k€126k▼
Fixed assets21/28€33k€30k▼
Tangible fixed assets22/27€32k€30k▼
Land and buildings22€31k€29k▼
Plant, machinery and equipment23€992€744▼
Financial fixed assets28€507€507=
Current assets29/58€130k€96k▼
Stocks and contracts in progress3€5k€4k▼
Stocks30/36€5k€4k▼
Amounts receivable within one year40/41€99k€83k▼
Trade receivables40€80k€69k▼
Other amounts receivable41€18k€14k▼
Cash at bank and in hand54/58€18k€8k▼
Deferred charges and accrued income490/1€8k€98▼
Equity and liabilities
Total equity and liabilities10/49€163k€126k▼
Equity10/15€112k€104k▼
Reserves13€112k€112k=
Distributable reserves133€112k€112k=
Profit (loss) carried forward14-€-8k
Amounts payable17/49€51k€22k▼
Amounts payable within one year42/48€50k€22k▼
Current portion of amounts payable after more than one year42€11k€1k▼
Trade debts44€29k€19k▼
Suppliers440/4€29k€19k▼
Taxes, remuneration and social security45€9k€2k▼
Taxes450/3€4k-
Remuneration and social security454/9€6k€2k▼
Accrued charges and deferred income492/3€591-
Income statement
Code20232024
Remuneration, social security and pensions62€31k€26k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€2k▼
Other operating charges640/8€2k€621▼
Gross operating margin9900€81k€23k▼
Operating profit (loss)9901€45k€-7k▼
Financial income75/76B€51€461▲
Recurring financial income75€51€461▲
Financial charges65/66B€1k€1k▲
Recurring financial charges65€1k€1k▲
Profit (loss) for the period before taxes9903€44k€-8k▼
Income taxes67/77€12k€468▼
Profit (loss) for the period9904€33k€-8k▼
Profit (loss) for the period to be appropriated9905€33k€-8k▼
Appropriation of the result
Profit (loss) to be appropriated9906€33k€-8k▼
Transfer to equity691/2€28k-
To other reserves6921€28k-
Profit to be distributed694/7€5k-
Return on contributions (dividend)694€833-
Directors or managers695€4k-
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
12-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 43 days late
2024
31-12
Financial
Weakest financial yearnet €-8k ▼125%
Net result drops to €-8k, the lowest in the series.
09-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 9 days late
2023
31-12
Financial
Equity above €100kEq €112k ▲32.9%
6 profitable years in a row build equity to €112k.
03-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 3 days late
2022
31-12
Financial
Highest result since 2018net €41k ▲334%
Operating result €56k, net result €41k, both a record.
05-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 5 days late
2021
31-12
Financial
Equity above €100kEq €103k ▲10%
4 profitable years in a row build equity to €103k.
30-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
06-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
28-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
03-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
29-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
29-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Zoersel · 1 establishment unit since 1995
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Alfons Butsstraat 332980 ZoerselGround area
351 m²
Building footprint
129 m²
Volume, LiDAR
679 m³
Parcel 11453I0146/00E009, Flanders · tallest building 7.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
BRUYNSEELS IVAN BVBA
since 19952.072.554.359
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11453I0146/00E009 | Flanders | 351 m² | 1 · 129 m² | 7.8 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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SIDATI
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OLINOX-CREATIONS
BE 0837.093.271
Estaimpuis · Eq €104k
Blanto
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SCHMITS - XHONNEUX
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Lontzen · Eq €104k
Of 20,026 companies in sector 43320 we hold annual accounts for 9,136. 7,718 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded28-06-1995
Fiscal year end31-12
Activities, NACEBEL
43320Joinery installation
45422
45421
Sources
Crossroads Bank for EnterprisesNational Bank · 30 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.