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HOME@BRUGES

Active
Private limited companyfounded 2014active for 11 yearsBurggraaf de Nieulantlaan 20, 8200 Brugge, BelgiumKBO/BCE: BE 0507.713.341

From the official registers: KBO 11 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

The computed 12-month bankruptcy probability of HOME@BRUGES is 1.8% (moderate). The 2025 annual accounts show equity of €111,903 and a net result of -€20,838. Equity has been growing by about 8% per year since 2018. Its solvency ranks better than 33% of 34,902 sector peers (NACE 43, financial year 2025). The company has been active since 2014 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

KBO
Status
Active since 23-12-2014 Normal situation
Legal form
Private limited company
Registered office
Burggraaf de Nieulantlaan 20, 8200 Brugge
Activity
General electrical installation work NACE 43211and 7 others
Establishment unit
2.237.968.162 8200 Brugge, since 23-12-2014
Financial year end
31 December
Peppol
Reachable since 24-11-2023

Board and ownership

Board
  • Aspeslag StijnDirector · since 24-06-2019

Financial position

53 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
1.8%
Annual accounts 2025
Gross margin
€21,629
▼ 43.6%
Turnover
≈ €180,000
estimated
Loss
€20,838
Equity
€111,903
▼ 15.7%
Total assets
€356,079
▲ 72.8%
Staff
≈ 0.6 FTE
estimated
2025 accounts filed 31 days after the deadline
Filed on 31-08-2026at the National Bank
Score breakdownraises riskLast filed accounts filed 31 days late; 3 of the last 3 accounts lateLoss of €20,838 (financial year 2025)Sector: Specialised construction activities (NACE 43)Liquidity: current ratio 2.59, cash €6,087, halvedShow the evidence

Checked score

Score 2025
53 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 29% of micro companies in specialised construction (NACE 43)
Financial strength · tick: 2024
Weak
Solvency 56-33
equity 31.4% of total assets
Liquidity 52+1
short-term debt 9.9% · cash 1.7%
Profitability 22-50
return on assets -5.9%
Bankruptcy probability within 12 months
1.8% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,675 companies, NACE 43, micro)
Last 24 months 11-2024: 1.1% 12-2024: 1.1%● unchanged vs 11-2024 01-2025: 1.1%● unchanged vs 12-2024 02-2025: 1.1%● unchanged vs 01-2025 03-2025: 1.1%● unchanged vs 02-2025 04-2025: 1.1%● unchanged vs 03-2025 05-2025: 1.1%● unchanged vs 04-2025 06-2025: 0.9%▼ -0.2 percentage points vs 05-2025lowest value 07-2025: 0.9%● unchanged vs 06-2025 08-2025: 1.3%▲ +0.4 percentage points vs 07-2025 09-2025: 1.5%▲ +0.2 percentage points vs 08-2025 10-2025: 1.1%▼ -0.4 percentage points vs 09-2025 11-2025: 1.1%● unchanged vs 10-2025 12-2025: 1.1%● unchanged vs 11-2025 01-2026: 1.1%● unchanged vs 12-2025 02-2026: 1.1%● unchanged vs 01-2026 03-2026: 1.0%▼ -0.1 percentage points vs 02-2026 04-2026: 1.0%● unchanged vs 03-2026 05-2026: 1.0%● unchanged vs 04-2026 06-2026: 1.0%● unchanged vs 05-2026 07-2026: 1.0%● unchanged vs 06-2026 08-2026: 1.4%▲ +0.4 percentage points vs 07-2026 09-2026: 2.0%▲ +0.6 percentage points vs 08-2026highest value 10-2026: 1.8%▼ -0.2 percentage points vs 09-2026
Credit of up to €5,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 2.59 (3.07 in 2024), above the usual 1.5. Short-term debt is 9.9% and cash 1.7% of total assets. However, 68.6% of the assets are financed with debt and provisions.
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 43, micro). It does better than 33% of them on solvency, 47% on liquidity, 15% on profitability and 20% on growth.

The bankruptcy probability was computed on 31-10-2026 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. 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).

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Signals

Five signals.
raises risk
raises risk · Last filed accounts filed 31 days late; 3 of the last 3 accounts late
NBB · filings
raises risk · Loss of €20,838 (financial year 2025)
NBB · annual accounts
raises risk · Sector: Specialised construction activities (NACE 43)
KBO
raises risk · Liquidity: current ratio 2.59, cash €6,087, halved
NBB · annual accounts
raises risk · 2025 accounts filed 31 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
31 days late
2024
60 days late
2023
59 days late
2022
60 days late
2021
100 days late
2020
61 days late
2019
108 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 68 days after the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% 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 29 September (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
01-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Caution: Lower net result than 93% of companies in specialised constructionsector median €10,227 · 34,889 companies -€20,838 View

Documents

Annual accounts at the NBB

All 11 annual accounts

Articles and registers

Key facts about HOME@BRUGES

What is the company number of HOME@BRUGES?
The company number of HOME@BRUGES is 0507.713.341. The VAT number is the same number with BE in front: BE 0507.713.341.
Where is HOME@BRUGES based?
The registered office is at Burggraaf de Nieulantlaan 20, 8200 Brugge.Company details
What does HOME@BRUGES do?
According to the KBO register, the main activity is general electrical installation work (NACE 43211).
What is the legal form of HOME@BRUGES?
The legal form of HOME@BRUGES is Private limited company (BV).
When was HOME@BRUGES founded?
HOME@BRUGES was founded on 23-12-2014.
Is HOME@BRUGES still active?
Yes, HOME@BRUGES is an active enterprise in the KBO register.
How many employees does HOME@BRUGES have?
HOME@BRUGES had an average of 1.3 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
What is the turnover of HOME@BRUGES?
The turnover in financial year 2025 is ≈ €180,000. This figure is estimated from the gross margin of €21,629 and 98 comparable companies (NACE 43211). It probably lies between €120,000 and €380,000. It is a rough estimate.
Is HOME@BRUGES profitable?
In financial year 2025, HOME@BRUGES made a loss of €20,838.
Where can I find the annual accounts of HOME@BRUGES?
HOME@BRUGES filed 11 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts at the National Bank
When are the next annual accounts of HOME@BRUGES due?
HOME@BRUGES must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

Comparable companies

These companies have the same main activity as HOME@BRUGES: general electrical installation work (NACE 43211). They are comparable in size and age: total assets between €296,000 and €362,000, founded between 2012 and 2017.

CompanyTotal assetsGross margin
HOME@BRUGES Brugge€356,079€21,629
FABELEC Houthalen-Helchteren€325,677€24,292
INNOVIT Zoersel€311,068€22,673
All Building Installations & Services Jabbeke€304,502€23,216
ELEKTRO LONGUEVILLE Waregem€361,629€29,628
Luminee Dentergem€295,818€26,983
VANTOTEC Blankenberge€338,121€19,903
Full comparison

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