Ignace BRAL
ActiveIgnace BRAL has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €89k and a net result of €-12k. Equity is growing by ~9.7% per year across the filed fiscal years. Its solvency ranks better than 21% of 12627 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability0▼-33
Solvency39▲+2
Growth52=
Stability100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3k at 30 days only on tighter terms
Liquidity tight (current ratio 1.49 against 1.45 in 2024), and 78.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 69
Relative position
BE, all sectors
reference
Sector 69
lower
← fewer bankruptcies
more bankruptcies →
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
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
21.1%
Return on assets
-2.8%
Age of the figures
8 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 21% of 12627 sector peers (2025).
NBB · sector comparisonPosition among 12627 sector peers
Solvency
better than 21%
← weakest
strongest →
neutral · Filed after the deadline
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. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
31 d late
2024
52 d late
2023
67 d late
2022
63 d late
2021
64 d late
2020
22 d late
2019
24 d late
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
13-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€89k▼ 11.8%
2024 · €100k
2018: €58k
2019: €54k
2020: €41k
2021: €54k
2022: €108k
2023: €94k
2024: €100k
2018 → 2025
Total assets
€419k▼ 12.3%
2024 · €478k
2018: €519k
2019: €496k
2020: €454k
2021: €435k
2022: €488k
2023: €486k
2024: €478k
2018 → 2025
Net result
€-12k
2024 · €7k
2018: €8k
2019: €-4k
2020: €-12k
2021: €13k
2022: €54k
2023: €11k
2024: €7k
2018 → 2025
Working capital
€53k▼ 15.0%
2024 · €62k
2018: €25k
2019: €14k
2020: €-28k
2021: €-59k
2022: €-51k
2023: €108k
2024: €62k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€54k-€108k▲ 100%€94k▼ 13.4%€100k▲ 7.0%€89k▼ 11.8%
Operating result€13k-€63k▲ 403%€19k▼ 69.9%€3k▼ 84.8%€-6k
Net result€13k-€54k▲ 320%€11k▼ 79.7%€7k▼ 40.6%€-12k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €6k after €3k in 2024, the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €419k
Fixed assets
€260k▼ 6.7%
Current assets
€159k▼ 20.2%
Equity and liabilities €419k
Equity
€89k▼ 11.8%
Debt
€331k▼ 12.5%
The debt ratio falls from 79.0% to 78.9%: debt falls faster than equity shrinks.
Key figures and ratios
EBITDA
€14k▼
2024 · €23k
Cash flow
€8k▼
2024 · €26k
Solvency
21.1%▲
2024 · 21.0%
Current ratio
1.49▲
2024 · 1.45
Quick ratio
1.49▲
2024 · 1.45
Debt / equity
3.74▼
2024 · 3.77
ROE
-13.3%▼
2024 · 6.5%
ROA
-2.8%▼
2024 · 1.4%
Interest coverage
1.15▼
2024 · 2.21
Debt
€331k▼
2024 · €378k
Debt ≤ 1 year
€107k▼
2024 · €138k
Debt > 1 year
€221k▼
2024 · €236k
Income taxes
€158▲
2024 · €-4k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€478k€419k▼
Fixed assets21/28€279k€260k▼
Tangible fixed assets22/27€277k€259k▼
Land and buildings22€269k€254k▼
Plant, machinery and equipment23€2k€2k▼
Furniture and vehicles24€6k€3k▼
Financial fixed assets28€1k€1k▲
Current assets29/58€200k€159k▼
Amounts receivable within one year40/41€181k€139k▼
Trade receivables40€16k€10k▼
Other amounts receivable41€165k€129k▼
Current investments50/53€18k€18k=
Cash at bank and in hand54/58€716€2k▲
Equity and liabilities
Total equity and liabilities10/49€478k€419k▼
Equity10/15€100k€89k▼
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€80k€68k▼
Amounts payable17/49€378k€331k▼
Amounts payable after more than one year17€236k€221k▼
Financial debts170/4€236k€221k▼
Amounts payable within one year42/48€138k€107k▼
Financial debts43€59k€62k▲
Credit institutions430/8€59k€62k▲
Trade debts44€47k€28k▼
Suppliers440/4€47k€28k▼
Taxes, remuneration and social security45€11k€2k▼
Taxes450/3€11k€2k▼
Other amounts payable47/48€22k€14k▼
Accrued charges and deferred income492/3€4k€3k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€20k€20k▲
Other operating charges640/8€4k€1k▼
Gross operating margin9900€27k€15k▼
Operating profit (loss)9901€3k€-6k▼
Financial income75/76B€10k€7k▼
Recurring financial income75€10k€7k▼
Financial charges65/66B€10k€12k▲
Recurring financial charges65€10k€12k▲
Profit (loss) for the period before taxes9903€2k€-12k▼
Income taxes67/77€-4k€158▲
Profit (loss) for the period9904€7k€-12k▼
Profit (loss) for the period to be appropriated9905€7k€-12k▼
Appropriation of the result
Profit (loss) to be appropriated9906€80k€68k▼
Profit (loss) brought forward from the previous period14P€74k€80k▲
The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
21-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 52 days late
2024
31-12
Financial
Equity above €100kEq €100k ▲7%
4 profitable years in a row build equity to €100k.
06-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 67 days late
2023
31-12
Financial
Liquidity quadruplescurrent ratio 1.81
Current ratio from 0.48 to 1.81.
02-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 63 days late
2022
31-12
Financial
Highest result since 2018net €54k ▲320%
Operating result €63k, net result €54k, both a record.
31-12
Financial
Equity above €100kEq €108k ▲100%
2 profitable years in a row build equity to €108k.
03-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 64 days late
2021
31-12
Financial
Back to profitnet €13k
Net result €13k after 2 loss-making years.
22-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 22 days late
2020
31-12
Financial
Weakest financial yearnet €-12k
Net result drops to €-12k, the lowest in the series; recovery starts the following year.
24-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 24 days late
2019
27-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 27 days late
2018
29-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 29 days late
2017
01-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 32 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Deinze · 1 establishment unit since 2002
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Gellingstraatje 19800 DeinzeGround area
2,460 m²
Building footprint
239 m²
Volume, LiDAR
1,128 m³
2 parcels, Brussels, Flanders · tallest building 11.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
LEGAL & CORPORATE SERVICES
since 20022.096.154.558
2 parcels
Flanders
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44069A0978/00M000 | Flanders | 2,369 m² | 1 · 171 m² | 7.9 m · 1 fl. |
| 21005A0313/00S000 | Brussels | 92 m² | 1 · 68 m² | 11.2 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 22,018 companies in sector 69101 we hold annual accounts for 9,028. 7,527 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded19-06-2002
Fiscal year end31-12
Activities, NACEBEL
69101Activities of lawyers
Sources
Crossroads Bank for EnterprisesNational Bank · 16 filingsAddress and cadastre registers
Data from official sources, last processed on 11-09-2026. Scores and ratios are computed by Checked and are not a credit decision.