BRYGHIA

Active

Private limited companyfounded 20188 yrs activeOosterlingenplein 4, 8000 Brugge, BelgiumKBO/BCE: BE 0689.843.214

BRYGHIA has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €54k and a net result of €6k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 48% of 688 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).

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Checked score

Score 2025

62 / 100

Healthy

The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2024

Profitability72▼-17

Solvency50▲+10

Growth78=

Track record100

Bankruptcy probability, 12 months

0.6% Low

0%0.5%1.5%4%10%≥ 25%

Credit up to €3k at 30 days acceptable

Liquidity short (current ratio 0.58 against 1.43 in 2024; short-term debt: 35.6% and cash: 4.7% of total assets), and 75.2% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Annual accounts: healthy financial profile

The latest annual accounts show a healthy profile in solvency, result and liquidity.

NBB · annual accounts 2025

Solvency, return and age of the figures

Solvency

24.8%

Return on assets

2.6%

Age of the figures

9 mo

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 55

Relative position

BE, all sectors

reference

Sector 55

higher

← fewer bankruptcies more bankruptcies →

Limited track record

This company has not been active as long as an established one and statistically fails somewhat more often.

KBO · incorporation date

Age against the risk zone

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 09-07-2026, 22 days ahead of the deadline.

NBB · 8 filings

Deviation from the deadline

2025

22 d early

2024

100 d early

2023

61 d early

2022

20 d early

2021

41 d early

2020

54 d early

2019

31 d late

← before the deadline after the deadline →

The next deadline is still running

The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.

Companies Code · seven months

Position in the running window

21-09-2026 today31-12-2026 close31-07-2027 deadline

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2025, abbreviated schema

Equity

€54k▲ 11.7%

2024 · €48k

2018: €19k 2019: €33k 2020: €-30k 2021: €-85k 2022: €-45k 2023: €-2k 2024: €48k

2018 → 2025

Total assets

€218k▼ 30.3%

2024 · €312k

2018: €282k 2019: €273k 2020: €220k 2021: €357k 2022: €344k 2023: €343k 2024: €312k

2018 → 2025

Net result

€6k▼ 88.8%

2024 · €51k

2018: €-1k 2019: €15k 2020: €-63k 2021: €-55k 2022: €39k 2023: €43k 2024: €51k

2018 → 2025

Working capital

€-32k

2024 · €50k

2018: €-12k 2019: €-18k 2020: €-38k 2021: €80k 2022: €98k 2023: €82k 2024: €50k

2018 → 2025

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20212022202320242025Trend

Equity€-85k-€-45k▲ 46.7%€-2k▲ 95.0%€48k€54k▲ 11.7%

Operating result€-41k-€44k€50k▲ 13.3%€54k▲ 7.7%€7k▼ 86.1%

Net result€-55k-€39k€43k▲ 8.6%€51k▲ 18.0%€6k▼ 88.8%

Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result falls in 2025; 2025 is 86% below 2024.

Balance-sheet composition

2025 in colour, 2024 as the grey bar beneath

Assets €218k

79.2%

20.8%

Fixed assets €172k▲ 18.9%

Current assets €45k▼ 73.0%

Equity and liabilities €218k

24.8%

75.2%

Equity €54k▲ 11.7%

Debt €164k▼ 38.0%

The debt ratio falls from 84.6% to 75.2%. Equity is higher and debt is lower.

Key figures and ratios

2025 value · change against 2024

EBITDA

€33k▼

2024 · €78k

Cash flow

€32k▼

2024 · €74k

Solvency

24.8%▲

2024 · 15.4%

Current ratio

0.58▼

2024 · 1.43

Quick ratio

0.58▼

2024 · 1.43

Debt / equity

3.04▼

2024 · 5.47

ROE

10.5%▼

2024 · 104.7%

ROA

2.6%▼

2024 · 16.2%

Interest coverage

17.04▼

2024 · 21.17

Debt

€164k▼

2024 · €264k

Debt ≤ 1 year

€77k▼

2024 · €117k

Debt > 1 year

€72k▼

2024 · €125k

Staff costs

€29k▼

2024 · €43k

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 · 2025 against 2024

Balance sheet Code20242025

Assets

Total assets20/58€312k€218k▼

Fixed assets21/28€145k€172k▲

Intangible fixed assets21€77k€68k▼

Tangible fixed assets22/27€61k€98k▲

Plant, machinery and equipment23€4k€2k▼

Furniture and vehicles24€433€155▼

Other tangible fixed assets26€57k€95k▲

Financial fixed assets28€7k€7k=

Current assets29/58€167k€45k▼

Stocks and contracts in progress3€470€89▼

Stocks30/36€470€89▼

Amounts receivable within one year40/41€10k€7k▼

Trade receivables40€7k€7k▼

Other amounts receivable41€3k€157▼

Cash at bank and in hand54/58€141k€10k▼

Deferred charges and accrued income490/1€16k€28k▲

Equity and liabilities

Total equity and liabilities10/49€312k€218k▼

Equity10/15€48k€54k▲

Contributions10/11€20k€20k=

Reserves13€2k€2k=

Tax-exempt reserves132€2k€2k=

Profit (loss) carried forward14€26k€32k▲

Amounts payable17/49€264k€164k▼

Amounts payable after more than one year17€125k€72k▼

Financial debts170/4€38k-

Other amounts payable178/9€87k€72k▼

Amounts payable within one year42/48€117k€77k▼

Current portion of amounts payable after more than one year42€94k€53k▼

Trade debts44€2k€5k▲

Suppliers440/4€2k€5k▲

Taxes, remuneration and social security45€7k€3k▼

Taxes450/3-€1k

Remuneration and social security454/9€7k€2k▼

Other amounts payable47/48€14k€16k▲

Accrued charges and deferred income492/3€22k€14k▼

Income statement Code20242025

Remuneration, social security and pensions62€43k€29k▼

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€24k€26k▲

Other operating charges640/8€28k€25k▼

Gross operating margin9900€148k€87k▼

Operating profit (loss)9901€54k€7k▼

Financial income75/76B€482€185▼

Recurring financial income75€482€185▼

Financial charges65/66B€4k€2k▼

Recurring financial charges65€4k€2k▼

Profit (loss) for the period before taxes9903€51k€6k▼

Profit (loss) for the period9904€51k€6k▼

Profit (loss) for the period to be appropriated9905€51k€6k▼

Appropriation of the result

Profit (loss) to be appropriated9906€26k€32k▲

Profit (loss) brought forward from the previous period14P€-24k€26k▲

Social balance

Average headcount (FTE)90871.00.8▼

The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 13Financial 5Filings 8

Next filing, fiscal year 2026, expected by 31-07-2027

2026

09-07

NBB filing Annual accounts filed

fiscal year 2025 · abbreviated schema

2025

22-04

NBB filing Annual accounts filed

fiscal year 2024 · abbreviated schema

2024

31-12

Financial Highest result since 2018net €51k ▲18%

Operating result €54k, net result €51k, both a record.

31-05

NBB filing Annual accounts filed

fiscal year 2023 · abbreviated schema

2023

11-07

NBB filing Annual accounts filed

fiscal year 2022 · micro schema

2022

31-12

Financial Back to profitnet €39k

Net result €39k after 2 loss-making years.

20-06

NBB filing Annual accounts filed

fiscal year 2021 · micro schema

2021

31-12

Financial Liquidity times 6current ratio 1.79

Current ratio from 0.30 to 1.79.

07-06

NBB filing Annual accounts filed

fiscal year 2020 · micro schema

2020

31-12

Financial Weakest financial yearnet €-63k ▼528%

Net result drops to €-63k, the lowest in the series; recovery starts the following year.

31-08

NBB filing Annual accounts filed

fiscal year 2019 · micro schema · 31 days late

2019

31-12

Financial Back to profitnet €15k

Net result €15k after one loss-making year.

17-06

NBB filing Annual accounts filed

fiscal year 2018 · micro schema

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

3 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, Brugge · 1 establishment unit since 2018

establishment The establishment unit on the map

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.

Oosterlingenplein 48000 Brugge

Ground area

149 m²

Building footprint

149 m²

Volume, LiDAR

1,992 m³

Parcel 31806F0453/02A000, Flanders · tallest building 16.2 m, ±5 floors. Linked by address, not a title deed.

1 establishment unit

Hotel Bryghia

Oosterlingenplein 4, 8000 BruggeFood and beverage service activities

since 20182.272.488.086

1 parcel

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
31806F0453/02A000 ProtectedMonument · Townscape or village viewHuis Duitse Natie: gevels en bedakingSource ↗	Flanders	149 m²	1 · 149 m²	16.2 m · 5 fl.