Equity
€623,686 from €8.1m in 2006
Equity fell by 92% in 19 years.
Bruynooghe
Lifetime
20 annual accounts with figures on one time axis, 49 filings since 1977peak €405,437 (2013)
€102,655▲ €180,154
lowest -€5.0m (2016)
€26,905▲ €204,842
peak €8.1m (2006)
€623,686▲ 4.5%
€1.3m▼ 16.3%
peak 7.1 FTE (2006)
-not published
Board2 names since 2021
1 directorBruynooghe Willy
Documentsfilings and deeds
29-06-202632 days before the deadline
2025micro format
Gross margin from -€77,499 to €102,655Back to profit: €26,905Debts from €1.5m to €1.3mCash from €355,498 to €174,186
Key points
from the 2025 annual accountsResult
€26,905 €26,905
Back in profit in 2025, after a loss of €177,937 in 2024.
Turnover
≈ €140,000 estimated
The accounts state no turnover.
Liquidity
20.79 was 8.16 in 2024
Short-term debts fell from €223,208 to €77,508.
Filings
49 annual accounts since 1977
Eight of the last ten came late. The 2019 accounts came latest: 90 days after the end of the period.
Position in the sector
€623,686
More equity than 87% of companies in real estate. Sector median €73,185 · 17,194 companies.
Checked score
94
Excellent
Financially stronger than 53% of micro companies in real estate (NACE 68)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.2% across 26,626 companies (NACE 68, micro).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: < 0.1%
01-2025: < 0.1%● unchanged vs 12-2024lowest value
02-2025: < 0.1%● unchanged vs 01-2025
03-2025: < 0.1%● unchanged vs 02-2025
04-2025: < 0.1%● unchanged vs 03-2025
05-2025: < 0.1%● unchanged vs 04-2025
06-2025: < 0.1%● unchanged vs 05-2025
07-2025: 0.1%▲ +0.1 percentage points vs 06-2025
08-2025: 0.1%● unchanged vs 07-2025
09-2025: 0.1%● unchanged vs 08-2025
10-2025: 0.1%● unchanged vs 09-2025
11-2025: 0.1%● unchanged vs 10-2025
12-2025: 0.1%● unchanged vs 11-2025
01-2026: 0.1%● unchanged vs 12-2025
02-2026: 0.1%● unchanged vs 01-2026
03-2026: 0.1%● unchanged vs 02-2026
04-2026: 0.1%● unchanged vs 03-2026
05-2026: 0.1%● unchanged vs 04-2026
06-2026: 0.1%● unchanged vs 05-2026highest value
07-2026: < 0.1%▼ -0.1 percentage points vs 06-2026
08-2026: < 0.1%● unchanged vs 07-2026
09-2026: < 0.1%● unchanged vs 08-2026
10-2026: < 0.1%● unchanged vs 09-2026
11-2026: < 0.1%● unchanged vs 10-2026
Financial strengthAverage
Score breakdown
raises risk
Liquidity: current ratio 20.79, cash €174,186, halved
lowers risk
Size: total assets €1.9m
Figures for financial year 2025 (filed on 29-06-2026)
Founded in 1966
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 68, micro). It does better than 51% of them on solvency, 73% on liquidity, 30% on profitability and 58% on growth.
The bankruptcy probability was computed on 06-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 14,766 companies had the same profile as Bruynooghe has now. Each dot stands for 37 companies, two years later.
96.2%
were still trading
3.5%
stopped another way
0.2%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of Bruynooghe itself: < 0.1% within 12 months.
Test of the method
The method was tested on the 497,447 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.
| 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 14,766 companies, not a prediction for Bruynooghe. 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.
Credit verdict
Credit of up to €55,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 20.79 (8.16 in 2024), above the usual 1.5. Short-term debt is 4% and cash 9.1% of total assets. However, 67.4% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-06-2026, 32 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
32 days early
2024
29 days late
2023
29 days late
2022
31 days late
2021
31 days late
2020
8 days early
2019
90 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 24 days after the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 30 August (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
07-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0405168109
Environmental permit granted
Slopen van niet vrijstaande gebouwen of constructies · Kortemark
Change of role: Bruynooghe Willy, from manager to director
Gazette deed
Resignation: Freddy Bruynooghe (director)
General meeting of 24-10-2022 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| Bruynooghe Torhout | €1.9m | €102,655 | 32.6% | - |
| INVESTGROUP D Harelbeke | €1.6m | €96,214 | 20.2% | - |
| STEPPE Brussels | €1.6m | €105,303 | 13.8% | - |
| Edm. J.M. Mertens en Compagnie Antwerp | €2.3m | €108,195 | 25.8% | - |
| INTERNATIONAL TEXTILES PRODUCTS Wevelgem | €1.6m | €99,866 | 30.7% | - |
| Gaverbeek Waregem | €1.6m | €134,760 | 92.7% | 1.2 |
| Frim Staden | €2.5m | €112,475 | 44.2% | - |
These companies have the same main activity as Bruynooghe: renting and operating of own or leased non-residential real estate, excluding land (NACE 68203). They are comparable in size and age: total assets between €1.6m and €2.5m, founded between 1959 and 1977.
Official details
Source: KBO- Status
- Active since 20-12-1966Normal situation
- Activity
- Renting and operating of own or leased non-residential real estate, excluding landNACE 68203
- Establishment unit
- 2.001.006.7638610 Kortemark, since 10-04-2002
- Financial year end
- 31 December
- Peppol
- Reachable since 11-12-2025
Annual accounts 2025
- €1.9m▼ 10.5%
- Filing
- Filed on 29-06-2026, 32 days before the end of the filing period
Insights on Bruynooghe
Bruynooghe files the micro format. That format states no turnover. The gross margin fell from €377,119 in 2006 to €102,655 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about Bruynooghe
- What is the company number of Bruynooghe?
- The company number of Bruynooghe is 0405.168.109. The VAT number is the same number with BE in front: BE 0405.168.109.
- Where is Bruynooghe based?
- The registered office is at Oostendestraat 105, 8820 Torhout.Company details
- What does Bruynooghe do?
- According to the KBO register, the main activity is renting and operating of own or leased non-residential real estate, excluding land (NACE 68203).
- What is the legal form of Bruynooghe?
- Bruynooghe is a private limited company (BV).
- When was Bruynooghe founded?
- Bruynooghe was founded on 20-12-1966.
- Is Bruynooghe still active?
- Yes, Bruynooghe is an active enterprise in the KBO register.
- How many employees does Bruynooghe have?
- Bruynooghe had an average of 1 full-time equivalents in financial year 2018, according to the filed annual accounts.Financials
- What is the turnover of Bruynooghe?
- The turnover in financial year 2025 is ≈ €140,000. This figure is estimated from the gross margin of €102,655 and 37 comparable companies (NACE 68203). It probably lies between €110,000 and €220,000.
- Is Bruynooghe profitable?
- In financial year 2025, Bruynooghe made a profit of €26,905.
- Where can I find the annual accounts of Bruynooghe?
- Bruynooghe filed 49 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Bruynooghe due?
- Bruynooghe must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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