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DE BRES

Active
Non-profit associationfounded 2016active for 10 yearsTerlostraat 78, 1755 Pajottegem, BelgiumKBO/BCE: BE 0650.604.635
Summary

The latest annual accounts of DE BRES were filed more than 90 days after the deadline. The 2018 annual accounts show negative equity (-€26,146) and a net result of €2,046. The association has been active since 2016 and the Belgian Official Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.3% (very low).

Financials · financial year 2018, abbreviated format

2019 annual accounts not yet filed, deadline passed on 31 July 2020 Financial year closed on 31 December 2019; filing due at the latest 7 months after the close (Companies Code art. 3:10). 7 financial years without a filing since the last one filed. Source: NBB filings, as of 18 October 2026.

Equity
-€26,146
Total assets
€7,935
Net result
€2,046
Working capital
€5,672

Turnover and EBIT margin not published: the abbreviated format does not require them.

Balance-sheet composition
Assets €7,935
Fixed assets €1,242
Current assets €6,693
Equity and liabilities
Equity-€26,146
Debt€34,081
Equity is negative: debt (€34,081) exceeds the balance-sheet total (€7,935).
Key figures and ratios
2018 value
EBITDA
-€1,670
Cash flow
€2,667
Solvency
-329.5%
Current ratio
6.56
ROA
25.8%
Debt
€34,081
Debt ≤ 1 year
€1,021
Debt > 1 year
€31,000
No debt to equity: equity is negative, so debt divided by equity means nothing.
Annual accounts
Filed annual accounts As filed with the NBB · 2018 · 20 lines
Balance sheet Code2018
Assets
Total assets20/58€7,935
Fixed assets21/28€1,242
Tangible fixed assets22/27€1,242
Current assets29/58€6,693
Amounts receivable within one year40/41€2,505
Cash at bank and in hand54/58€19
Equity and liabilities
Total equity and liabilities10/49€7,935
Equity10/15-€26,146
Profit (loss) carried forward14-€26,146
Amounts payable17/49€34,081
Amounts payable after more than one year17€31,000
Amounts payable within one year42/48€1,021
Trade debts44€1,021
Income statement Code2018
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€621
Operating profit (loss)9901-€2,291
Recurring financial income75€81
Recurring financial charges65€94
Profit (loss) for the period before taxes9903-€2,304
Profit (loss) for the period9904€2,046
Profit (loss) for the period to be appropriated9905€2,046
Line2018
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€621
Operating profit (loss)9901-€2,291
Recurring financial income75€81
Recurring financial charges65€94
Profit (loss) for the period before taxes9903-€2,304
Profit (loss) for the period9904€2,046
Profit (loss) for the period to be appropriated9905€2,046
Line2018
Assets
Total assets20/58€7,935
Fixed assets21/28€1,242
Tangible fixed assets22/27€1,242
Current assets29/58€6,693
Amounts receivable within one year40/41€2,505
Cash at bank and in hand54/58€19
Equity and liabilities
Total equity and liabilities10/49€7,935
Equity10/15-€26,146
Profit (loss) carried forward14-€26,146
Amounts payable17/49€34,081
Amounts payable after more than one year17€31,000
Amounts payable within one year42/48€1,021
Trade debts44€1,021
Line2018
Profit (loss) for the period9904€2,046
+ Depreciation and write-downs630€621
Operating cash flow (approximation)€2,667

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Filings with the National Bank (3)
Financial year Type Filed Reference
31-12-2018 abbreviated format 26-12-2019 2019-77900372
31-12-2017 abbreviated format 27-03-2019 2019-08200416
31-12-2016 abbreviated format 05-04-2018 2018-09400332

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