DE BROUWER
ActiveSummary
DE BROUWER has been active since 1993 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €225,275 and a net result of €13,623. Equity remains stable across the filed fiscal years (±0.3% per year). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability65▲+2
Solvency100=
Growth63=
Track record100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €19,000 at 30 days acceptable
cash: 79.3% of total assets, and 0% of the assets are financed with debt.
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
100%
Return on assets
6%
Age of the figures
9 mo
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €225,275
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 11-07-2026, 20 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
20 d early
2024
28 d early
2023
20 d early
2022
25 d early
2021
12 d early
2020
16 d early
2019
15 d early
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 7 accounts on average 19 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (2)
neutral · 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. Usually files around 11 July (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, abbreviated schema
Turnover
€260,354▲ 5.6%
2024 · €246,582
EBIT margin
5.2%▲ 2.0pp
2024 · 3.2%
Net result
€13,623▲ 81.4%
2024 · €7,509
Working capital
Not included in this filing
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Turnover€231,891▼ 3.7%€238,737▲ 3.0%€239,367▲ 0.3%€246,582▲ 3.0%€260,354▲ 5.6%
Operating result-€7,237▼ 487%-€762▲ 89.5%-€2,229▼ 193%€7,983€13,663▲ 71.2%
Net result-€6,453▼ 278%-€987▲ 84.7%-€2,017▼ 104%€7,509€13,623▲ 81.4%
EBIT margin-3.1%▼ 2.6pp-0.3%▲ 2.8pp-0.9%▼ 0.6pp3.2%▲ 4.2pp5.2%▲ 2.0pp
Equity€207,147▼ 3.0%€206,160▼ 0.5%€204,143▼ 1.0%€211,652▲ 3.7%€225,275▲ 6.4%
Total assets€207,147▼ 3.6%€206,160▼ 0.5%€204,143▼ 1.0%€211,652▲ 3.7%€225,275▲ 6.4%
Staff (FTE)
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 71% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €225,275
Fixed assets
€30,987 ▼ 5.2%
Current assets
€194,288 ▲ 8.6%
Key figures and ratios
EBITDA
€15,377▲
2024 · €13,717
Cash flow
€15,337▲
2024 · €13,243
Solvency
100.0%=
2024 · 100.0%
ROE
6.0%▲
2024 · 3.5%
ROA
6.0%▲
2024 · 3.5%
Interest coverage
18.75▼
2024 · 19.00
Income taxes
€335▲
2024 · €90
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 31,370 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 93% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.5%
went bankrupt
5.9%
stopped otherwise
93%
still going
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.5% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.9% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 31,370 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €231,891 | €238,737 | €239,367 | €246,582 | €260,354 | ▲ 5.6% |
| Non-recurring operating income76A | - | - | - | - | €6,198 | - |
| Goods, raw materials, services and sundry goods60/61 | €225,919 | €228,511 | €230,551 | €225,502 | €241,822 | ▲ 7.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €7,726 | €5,734 | €5,734 | €5,734 | €1,714 | ▼ 70.1% |
| Other operating charges640/8 | €5,483 | €5,253 | €5,311 | €7,363 | €9,353 | ▲ 27.0% |
| Gross operating margin9900 | €5,972 | €10,225 | €8,816 | €21,080 | €24,730 | ▲ 17.3% |
| Operating profit (loss)9901 | -€7,237 | -€762 | -€2,229 | €7,983 | €13,663 | ▲ 71.2% |
| Financial income75/76B | €1,451 | €431 | €938 | €338 | €1,115 | ▲ 230% |
| Recurring financial income75 | €87 | €138 | €688 | €338 | €1,115 | ▲ 230% |
| Non-recurring financial income76B | €1,364 | €293 | €250 | €0 | - | - |
| Financial charges65/66B | €665 | €649 | €623 | €722 | €820 | ▲ 13.6% |
| Recurring financial charges65 | €665 | €649 | €623 | €722 | €820 | ▲ 13.6% |
| Profit (loss) for the period before taxes9903 | -€6,451 | -€980 | -€1,914 | €7,599 | €13,958 | ▲ 83.7% |
| Income taxes67/77 | €2 | €7 | €103 | €90 | €335 | ▲ 272% |
| Profit (loss) for the period9904 | -€6,453 | -€987 | -€2,017 | €7,509 | €13,623 | ▲ 81.4% |
| Profit (loss) for the period to be appropriated9905 | -€6,453 | -€987 | -€2,017 | €7,509 | €13,623 | ▲ 81.4% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €207,147 | €206,160 | €204,143 | €211,652 | €225,275 | ▲ 6.4% |
| Fixed assets21/28 | €49,903 | €44,169 | €38,435 | €32,701 | €30,987 | ▼ 5.2% |
| Intangible fixed assets21 | - | - | - | €0 | €0 | - |
| Tangible fixed assets22/27 | €49,903 | €44,169 | €38,435 | €32,701 | €30,987 | ▼ 5.2% |
| Land and buildings22 | €49,903 | €44,169 | €38,435 | €32,701 | €30,987 | ▼ 5.2% |
| Financial fixed assets28 | - | - | - | €0 | - | - |
| Current assets29/58 | €157,244 | €161,991 | €165,708 | €178,951 | €194,288 | ▲ 8.6% |
| Amounts receivable after more than one year29 | - | €14,417 | €14,976 | €14,910 | €15,640 | ▲ 4.9% |
| Trade receivables290 | - | €14,417 | €14,976 | €14,910 | €15,640 | ▲ 4.9% |
| Amounts receivable within one year40/41 | €11,828 | - | - | - | - | - |
| Trade receivables40 | €11,828 | - | - | - | - | - |
| Cash at bank and in hand54/58 | €145,416 | €147,574 | €150,732 | €164,041 | €178,648 | ▲ 8.9% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €207,147 | €206,160 | €204,143 | €211,652 | €225,275 | ▲ 6.4% |
| Equity10/15 | €207,147 | €206,160 | €204,143 | €211,652 | €225,275 | ▲ 6.4% |
| Contributions10/11 | €62,000 | €62,000 | €62,000 | €62,000 | €62,000 | = |
| Capital10 | €62,000 | €62,000 | €62,000 | €62,000 | €62,000 | = |
| Issued capital100 | €62,000 | €62,000 | €62,000 | €62,000 | €62,000 | = |
| Reserves13 | €12,395 | €12,395 | €12,395 | €12,395 | €12,395 | = |
| Non-distributable reserves130/1 | €12,395 | €12,395 | €12,395 | €12,395 | €12,395 | = |
| Legal reserve130 | €12,395 | €12,395 | €12,395 | €12,395 | €12,395 | = |
| Profit (loss) carried forward14 | €132,752 | €131,765 | €129,748 | €137,257 | €150,880 | ▲ 9.9% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€6,453 | -€987 | -€2,017 | €7,509 | €13,623 | ▲ 81.4% |
| + Depreciation and write-downs630 | €7,726 | €5,734 | €5,734 | €5,734 | €1,714 | ▼ 70.1% |
| Operating cash flow (approximation) | €1,273 | €4,747 | €3,717 | €13,243 | €15,337 | ▲ 15.8% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | - |
| Change in cash | - | €2,158 | €3,158 | €13,309 | €14,607 | ▲ 9.8% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
11-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Highest result since 2018net €13,623 ▲81.4%
Operating result €13,663, net result €13,623, both a record.
03-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €7,509
Net result €7,509 after 4 loss-making years.
11-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
06-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
19-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
15-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
16-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Back to profitnet €5,771
Net result €5,771 after one loss-making year.
05-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
03-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
04-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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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, Liedekerke · 1 establishment unit since 1994
Ground area
337 m²
Building footprint
114 m²
Volume, LiDAR
626 m³
Parcel 23044A0459/00T000, Flanders · tallest building 9.1 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Makelaarskantoor De Brouwer
since 19942.065.087.042
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23044A0459/00T000 | Flanders | 337 m² | 1 · 114 m² | 9.1 m · 1 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2023 to 2025 · 4 entries · 2,116 EUR awarded · 2,164 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 2 | 2,066 EUR | 2,066 EUR |
| 2024 | 1 | 50 EUR | 50 EUR |
| 2023 | 1 | 0 EUR | 48 EUR |
Identification & contact
Identification
Legal formPublic limited company
Founded24-11-1993
Fiscal year end31-12
E-invoicing
Reachable via Peppol
Peppol ID
0208:0451566474
Also
9925:BE0451566474
Registered
09-01-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.