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De Brug

Active
Non-profit associationfounded 1971active for 55 yearsWaesdonckstraat 1, 2640 Mortsel, BelgiumKBO/BCE: BE 0408.347.828
Summary

De Brug has been active since 1971 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €24.6m and a net result of -€253,528. Equity remains stable across the filed financial years (±0.2% per year). Its solvency ranks better than 95% of 486 sector peers (NACE 88, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Risk analysisFollow ReportCompare
De BrugActiveChecked score 94/100
Risk analysis ReportCompare

Overview

Activity
Social work activities without accommodation
NACE 88993
Largest company by total assets in Mortsel, Health and social work sector1 site
Size
€12.6mturnover 2025
Staff
341.3 FTE
Equity
€24.6m
Deficit
-€253,528
Financial health
94 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
< 0.1%
Structure
Board
12 members
Auditor: Evy Neyens2025 accounts 119 days early
Why 94lowers riskLegal form: non-profit associationSize: turnover €12.6m, 341.3 FTE, total assets €26.9mEquity €24.6m (91.4% of total assets)Founded in 1971Show the evidence

Checked score

Score 2025
94 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 52% of its sector peers (NACE 88, large)
Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Strong
Solvency 100=
equity 91.4% of total assets
Liquidity 59+6
short-term debt 8.4% · cash 7.1%
Profitability 57-8
return on assets -0.9%
Bankruptcy probability, 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median < 0.1% (91 companies, NACE 88, large)
Last 24 months 11-2024: < 0.1%highest value 12-2024: < 0.1%● unchanged vs 11-2024highest value 01-2025: < 0.1%● unchanged vs 12-2024 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%● unchanged 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 04-2026lowest value 06-2026: < 0.1%● unchanged vs 05-2026lowest value 07-2026: < 0.1%● unchanged vs 06-2026lowest value 08-2026: < 0.1%● unchanged vs 07-2026lowest value 09-2026: < 0.1%● unchanged vs 08-2026lowest value 10-2026: < 0.1%● unchanged vs 09-2026lowest value
Credit of up to €1,250,000 on 30-day terms is acceptable
Liquidity ample (current ratio 8.06, compared with 6.03 in 2024, above the usual 1.5; short-term debt: 8.4% and cash: 7.1% of total assets), and 8.6% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 88, large): better than 91% on solvency, 64% on liquidity, 22% on profitability and 31% on growth.

The bankruptcy probability was computed on 27-10-2026 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.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
lowers riskneutral
lowers risk · Legal form: non-profit association
KBO
lowers risk · Size: turnover €12.6m, 341.3 FTE, total assets €26.9m
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
lowers risk · Equity €24.6m (91.4% of total assets)
NBB · annual accounts
lowers risk · Founded in 1971
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
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 03-04-2026, 119 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
119 days early
2024
119 days early
2023
120 days early
2022
119 days early
2021
122 days early
2020
103 days early
2019
53 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 108 days before the deadline; the sector median (NACE 88) for financial year 2024 is 24 days before the deadline, and 25% 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 3 April (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
28-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Resignations & appointmentsBoard composition
  2. Annual accounts filedfinancial year 2025 · abbreviated…
  3. Weakest financial yearnet -€253,528

Key points

  • Caution: From profit to loss in 2025after €98,717 in 2024 -€253,528 View
  • Caution: Among the weakest 7% on net resultsector median €50,555 · 486 companies -€253,528 View
  • Flemish supportawarded from 2022 to 2025 €21.5m View
  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
  • Active since 1971founded 08-06-1971 55 years View

By topic

Financials

Financial year
2025
Turnover
€12.6m
Loss
-€253,528
Solvency
91.4%
Turnover▲ 0.7%
Net result
20182025
Go to Financials

Board & ownership

Board
12 members
Auditor
Evy Neyens
  • Deforche JohanDirector
  • Goossens BartDirector
  • Marc De PreterDirector
  • LECLEF Jean JacquesDirector
  • VAN TREECK MarcDirector

and 7 other directors

Go to Board & ownership

Timeline

Events
44
Since
2004
Next accounts
by 31-07-2027
  1. 10-06-2025Resignation: Julien Van Den Bergh (director)
  2. 03-04-2025Annual accounts filed
  3. 31-12-2024Back to profit
Go to Timeline

Company details

Sites
1
Legal form
Non-profit association
Activity
Social work activities without accommodationNACE 88993
Founded
08-06-1971
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Key facts about De Brug

What is the company number of De Brug?
0408.347.828. In Belgium the VAT number is the company number with BE in front: BE 0408.347.828.
Where is De Brug based?
The registered office is at Waesdonckstraat 1, 2640 Mortsel.Company details
What does De Brug do?
According to the KBO register, the main activity is social work activities without accommodation (NACE 88993).
What is the legal form of De Brug?
Non-profit association (VZW).
When was De Brug founded?
On 08-06-1971.
Is De Brug still active?
Yes, De Brug is an active enterprise in the KBO register.
How many employees does De Brug have?
On average 341.3 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of De Brug?
€12.6m in financial year 2025, according to the filed annual accounts.
Is De Brug profitable?
In financial year 2025, De Brug made a loss of €253,528.
Where can I find the annual accounts of De Brug?
De Brug filed 20 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of De Brug due?
By 31-07-2027, for financial year 2026.Timeline

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