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EBRAINS

Active
Int'l non-profit associationfounded 20206 yrs activeTerhulpsesteenweg 166, 1000 Brussel, BelgiumKBO/BCE: BE 0740.908.863
Summary

EBRAINS has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show negative equity (-€1.0m) and a net result of €508,513. Equity is shrinking by ~77.7% per year across the filed fiscal years. Its solvency ranks better than 5% of 617 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is < 0.1% (very low).

Overview

Activity
Other membership organisations
NACE 94999
1 site
Size
€10.8mtotal assets 2024
Staff
14.3 FTE
Equity
-€1.0m
Profit
€508,513
Financial health
55 Fair Checked score 2024
Bankruptcy chance 12 m
< 0.1%
Structure
Board
1 member
Accounts 64 d overdue1 of 17 deeds read
Why 55Capped at 59: negative equity- Figures for FY 2024 (filed 05-09-2025)+ Legal form Int'l non-profit association+ Sector Activities of membership organisations (NACE 94)+ Size: 14.3 FTE, total assets €10.8mShow the evidence

Checked score

Score 2024
55 / 100
Fair
Probability in this band: 1.5% to 4.2%
Better than 43% of its sector peers (NACE 94, small)
Performance against the sector, not lower risk
Negative equity caps the score at 59. Every signal that weighs is under Signals.
Financial strength · tick = 2023
Average
Solvency 15+4
equity -9.7% of total assets
Liquidity 47-18
short-term debt 30.7% · cash 7.6%
Profitability 75+75
return on assets 4.7%
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% (510 companies)
Last 24 months 11-2024: < 0.1% 12-2024: < 0.1%● 0.0% vs 11-2024 01-2025: < 0.1%● 0.0% vs 12-2024 02-2025: < 0.1%● 0.0% vs 01-2025 03-2025: < 0.1%▲ +4.2% vs 02-2025 04-2025: < 0.1%▲ +8.0% vs 03-2025 05-2025: < 0.1%● 0.0% vs 04-2025 06-2025: < 0.1%▲ +3.7% vs 05-2025 07-2025: < 0.1%▲ +7.1% vs 06-2025 08-2025: < 0.1%▲ +6.7% vs 07-2025 09-2025: < 0.1%▲ +9.4% vs 08-2025highest value 10-2025: < 0.1%▼ -48.6% vs 09-2025lowest value 11-2025: < 0.1%● 0.0% vs 10-2025lowest value 12-2025: < 0.1%● 0.0% vs 11-2025lowest value 01-2026: < 0.1%● 0.0% vs 12-2025lowest value 02-2026: < 0.1%● 0.0% vs 01-2026lowest value 03-2026: < 0.1%▲ +5.6% vs 02-2026 04-2026: < 0.1%▲ +10.5% vs 03-2026 05-2026: < 0.1%▲ +4.8% vs 04-2026 06-2026: < 0.1%● 0.0% vs 05-2026 07-2026: < 0.1%▲ +9.1% vs 06-2026 08-2026: < 0.1%▲ +8.3% vs 07-2026 09-2026: < 0.1%▲ +7.7% vs 08-2026 10-2026: < 0.1%▲ +17.9% vs 09-2026
  • Legal form Int'l non-profit association lowers the probability
  • Sector Activities of membership organisations (NACE 94) lowers the probability
  • Figures for FY 2024 (filed 05-09-2025) raises the probability
  • Size: 14.3 FTE, total assets €10.8m lowers the probability for this profile
No credit on open account
Liquidity ample (current ratio 3.23 against 1.51 in 2023; short-term debt: 30.7% and cash: 7.6% of total assets), but equity is negative.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

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%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 94, small). Better than this share of them on solvency 2%, liquidity 9%, profitability 72%, growth against the median 89%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 03-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

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Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Legal form Int'l non-profit association
In the bankruptcy model this factor lowers the probability.
KBO
lowers risk · Sector Activities of membership organisations (NACE 94)
In the bankruptcy model this factor lowers the probability.
KBO
raises risk · Figures for FY 2024 (filed 05-09-2025)
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
lowers risk · Size: 14.3 FTE, total assets €10.8m
In the bankruptcy model this factor lowers the probability for this profile.
NBB · annual accounts
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 5% of 617 sector peers (2024).
NBB · sector comparison
Position among 617 sector peers
Solvency
better than 5%
← weakest strongest →
neutral · A punctual record breaks
This company filed 4 consecutive financial years on time. The year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 28-08-2025, 28 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 5 filings
Deviation from the deadline
2025
not confirmed
2024
28 d late
2023
42 d early
2022
32 d early
2021
25 d early
2020
29 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 5 accounts on average 20 days before the deadline; the sector median for financial year 2024 is 29 days before the deadline, and 25% of the sector filed late.

Checked, nothing found (1)
neutral · 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
  1. Resignation: Thomas Lippert (director)Appointment: Laurens Kuipers (director)
  2. Annual accounts filedfiscal year 2024 · full…
  3. Back to profitnet €508,513

Key points

  • Risk: Negative equityfiscal year 2024: debts exceed assets -€1.0m View
  • Caution: Among the weakest 5% on solvencysector median 55.4% · 617 companies -9.7% View
  • Positive: Back in profit in 2024after -€1.8m in 2023 €508,513 View
  • Caution: Accounts not fileddeadline was 31-07-2026 64 d late View
  • Caution: Board changedlatest change 01-04-2026 · 1 in office 1 joined · 1 left View

By topic

Financials

Fiscal year
2024
Total assets
€10.8m
Profit
€508,513
Solvency
-9.7%
Total assets▼ 4.5%
Net result
20202024
Go to Financials

Timeline

Events
11
Since
2021
  1. 24-07-2026Resignation: Thomas Lippert (director)
  2. 28-08-2025Annual accounts filed
  3. 31-12-2024Back to profit
Go to Timeline

Company details

Sites
1
Legal form
Int'l non-profit association
Activity
Other membership organisationsNACE 94999
Founded
08-01-2020
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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