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BRYD

Active
Private limited companyfounded 2024active for 1 yearLindestraat 38, 1770 Liedekerke, BelgiumKBO/BCE: BE 1017.634.225

Financials · financial year 2025, micro format

2025 annual accounts filed 27 days after the deadline Filed on 27 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00436076.

Annual accounts 2025 filed on 27-08-2026 at the NBB

Turnover
≈ €420,000
Estimated: probably between €280,000 and €750,000
Total assets
€93,984
Net result
€33,504
Working capital
€18,287

Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.

Balance-sheet composition
Assets €93,984
Fixed assets €31,561
Current assets €62,423
Equity and liabilities €93,984
Equity €33,604
Debt €60,380
Debt's share of the balance-sheet total is 64.2%.
Key figures and ratios
2025 value
EBITDA
€48,751
Cash flow
€38,947
Current ratio
1.41
Quick ratio
1.38
Debt to equity
1.80
ROE
99.7%
ROA
35.6%
Interest coverage
35.21
Debt ≤ 1 year
€44,136
Debt > 1 year
€16,244
Income taxes
€8,505

Investments

fixed assets acquired
Item2025
Tangible fixed assets€37,004
Depreciation and write-downs of the year€5,443

Source: notes to the 2025 annual accounts (statement of fixed assets)

Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 45 lines
Balance sheet Code2025
Assets
Total assets20/58€93,984
Fixed assets21/28€31,561
Tangible fixed assets22/27€31,561
Plant, machinery and equipment23€1,089
Furniture and vehicles24€1,238
Leasing and similar rights25€29,234
Current assets29/58€62,423
Stocks and contracts in progress3€1,437
Stocks30/36€1,437
Amounts receivable within one year40/41€29,790
Trade receivables40€29,270
Other amounts receivable41€520
Cash at bank and in hand54/58€30,366
Deferred charges and accrued income490/1€830
Equity and liabilities
Total equity and liabilities10/49€93,984
Equity10/15€33,604
Contributions10/11€100
Reserves13€33,504
Distributable reserves133€33,504
Amounts payable17/49€60,380
Amounts payable after more than one year17€16,244
Financial debts170/4€16,244
Amounts payable within one year42/48€44,136
Current portion of amounts payable after more than one year42€6,519
Trade debts44€27,448
Suppliers440/4€27,448
Advances received on contracts in progress46€1,000
Taxes, remuneration and social security45€8,505
Taxes450/3€8,505
Other amounts payable47/48€664
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5,443
Other operating charges640/8€239
Gross operating margin9900€48,990
Operating profit (loss)9901€43,307
Financial income75/76B€86
Recurring financial income75€86
Financial charges65/66B€1,385
Recurring financial charges65€1,385
Profit (loss) for the period before taxes9903€42,009
Income taxes67/77€8,505
Profit (loss) for the period9904€33,504
Profit (loss) for the period to be appropriated9905€33,504
Appropriation of the result
Profit (loss) to be appropriated9906€33,504
Transfer to equity691/2€33,504
To other reserves6921€33,504

The notes to these accounts have 6 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Source: Annual accounts 2025 at the NBB, filed on 27-08-2026.

Line2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5,443
Other operating charges640/8€239
Gross operating margin9900€48,990
Operating profit (loss)9901€43,307
Financial income75/76B€86
Recurring financial income75€86
Financial charges65/66B€1,385
Recurring financial charges65€1,385
Profit (loss) for the period before taxes9903€42,009
Income taxes67/77€8,505
Profit (loss) for the period9904€33,504
Profit (loss) for the period to be appropriated9905€33,504
Line2025
Assets
Total assets20/58€93,984
Fixed assets21/28€31,561
Tangible fixed assets22/27€31,561
Plant, machinery and equipment23€1,089
Furniture and vehicles24€1,238
Leasing and similar rights25€29,234
Current assets29/58€62,423
Stocks and contracts in progress3€1,437
Stocks30/36€1,437
Amounts receivable within one year40/41€29,790
Trade receivables40€29,270
Other amounts receivable41€520
Cash at bank and in hand54/58€30,366
Deferred charges and accrued income490/1€830
Equity and liabilities
Total equity and liabilities10/49€93,984
Equity10/15€33,604
Contributions10/11€100
Reserves13€33,504
Distributable reserves133€33,504
Amounts payable17/49€60,380
Amounts payable after more than one year17€16,244
Financial debts170/4€16,244
Amounts payable within one year42/48€44,136
Current portion of amounts payable after more than one year42€6,519
Trade debts44€27,448
Suppliers440/4€27,448
Advances received on contracts in progress46€1,000
Taxes, remuneration and social security45€8,505
Taxes450/3€8,505
Other amounts payable47/48€664
Line2025
Profit (loss) for the period9904€33,504
+ Depreciation and write-downs630€5,443
Operating cash flow (approximation)€38,947

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

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Historical observation

In July 2024, 11,279 companies had the same profile as BRYD has now. Two years later, 96.6% were still going and 0.7% had gone bankrupt.

  • Micro
  • under 2 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
96.6% was still going
2.6% stopped otherwise
0.7% went bankrupt

That fits the bankruptcy probability of BRYD itself: 0.9% within 12 months.

Test of the method

The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
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% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 11,279 companies, not a prediction for BRYD. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Filings with the National Bank (1)
Financial year Type Filed Reference Document
31-12-2025 micro format 27-08-2026 2026-00436076 PDF

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