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IMMO BRUNO

Active
Public limited companyfounded 199629 yrs activeKorenbloemstraat 37, 8820 Torhout, BelgiumKBO/BCE: BE 0458.904.129
Summary

IMMO BRUNO has been active since 1996 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show negative equity (-€97,620) and a net result of €201. Equity is shrinking by ~4.8% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 1.0% (low).

Checked score

Score 2024
Axes · tick = 2023
Profitability69▲+1
Solvency0=
Growth58=
Track record100
Bankruptcy probability, 12 months
1.0% Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.01 against 0.0 in 2023; short-term debt: 146.5% and cash: 0.9% of total assets), and equity is negative.
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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 29 years 0 30 y
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 2024
Solvency, return and age of the figures
Solvency
-46.5%
Return on assets
0.1%
Age of the figures
21 mo
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
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 05-08-2025, 5 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 · 10 filings
Deviation from the deadline
2025
not confirmed
2024
5 d late
2023
9 d early
2022
10 d early
2021
6 d early
2020
2 d early
2019
4 d late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 6 accounts on average 3 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 (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

History

On 30 September 1996, IMMO BRUNO was incorporated.1 Of the 2 current board members, Ellen Vandenweghe has served longest, since 2026.2 Total assets went from EUR 297,565 in 2018 to EUR 209,823 in 2024.3

  1. 1Crossroads Bank for Enterprises
  2. 2Belgian State Gazette, 10-08-2026
  3. 3National Bank, annual accounts 2018 and 2024

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Financials · fiscal year 2024, micro schema

Equity
-€97,620▲ 0.2%
2023 · -€97,820
Total assets
€209,823▼ 5.4%
2023 · €221,846
Net result
€201
2023 · -€1,957
Working capital
-€305,574▲ 4.3%
2023 · -€319,301
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
Line20202021202220232024
Operating result-€8,853▼ 125%-€4,231▲ 52.2%-€5,255▼ 24.2%-€1,918▲ 63.5%€246
Net result-€9,023▼ 121%-€4,372▲ 51.6%-€5,294▼ 21.1%-€1,957▲ 63.0%€201
Equity-€86,198▼ 11.7%-€90,569▼ 5.1%-€95,863▼ 5.8%-€97,820▼ 2.0%-€97,620▲ 0.2%
Total assets€267,775▼ 6.2%€257,010▼ 4.0%€236,648▼ 7.9%€221,846▼ 6.3%€209,823▼ 5.4%
Debt€353,973▼ 2.4%€347,579▼ 1.8%€332,512▼ 4.3%€319,666▼ 3.9%€307,442▼ 3.8%
Working capital-€353,746▲ 1.9%-€342,179▲ 3.3%-€332,103▲ 2.9%-€319,301▲ 3.9%-€305,574▲ 4.3%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€10,000-€7,500-€5,000-€2,500€0Operating result 2020: -€8,853-€8,853Net result 2020: -€9,023-€9,023Operating result 2021: -€4,231-€4,231Net result 2021: -€4,372-€4,372Operating result 2022: -€5,255-€5,255Net result 2022: -€5,294-€5,294Operating result 2023: -€1,918-€1,918Net result 2023: -€1,957-€1,957Operating result 2024: €246€246Net result 2024: €201€20120202021202220232024-€6,000-€4,000-€2,000€0Operating result 2022: -€5,255-€5,250Net result 2022: -€5,294-€5,290Operating result 2023: -€1,918-€1,920Net result 2023: -€1,957-€1,960Operating result 2024: €246€246Net result 2024: €201€201202220232024
The operating result returns to profit in 2024: €246 after a loss of €1,918 in 2023, the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €209,823
Fixed assets €207,955 ▼ 6.1%
Current assets €1,868 ▲ 412%
Key figures and ratios
2024 value · change against 2023
EBITDA
€13,773▲
2023 · €12,840
Cash flow
€13,727▲
2023 · €12,801
Solvency
-46.5%▼
2023 · -44.1%
Current ratio
0.01▲
2023 · 0.00
Debt to equity
-3.15▲
2023 · -3.27
ROA
0.1%▲
2023 · -0.9%
Interest coverage
303.36▼
2023 · 329.23
Debt ≤ 1 year
€307,442▼
2023 · €319,666
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 1,448 companies that looked in July 2024 the way this one looks now, 2.5% went bankrupt within 24 months and 92% are still going.

  • Micro
  • 20 years or older
  • negative equity
  • a profit under 5% of the balance sheet
2.5% went bankrupt
4.8% stopped otherwise
92% still going

A further 0.6% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 1.0% 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%.

The companies in ten equal groups, from lowest to highest expected share.
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 1,448 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
Filed annual accounts As filed with the NBB · 2024 against 2023 · 28 lines
Balance sheet Code20232024
Assets
Total assets20/58€221,846€209,823▼
Fixed assets21/28€221,481€207,955▼
Tangible fixed assets22/27€221,481€207,955▼
Land and buildings22€221,481€207,955▼
Current assets29/58€365€1,868▲
Cash at bank and in hand54/58€365€1,868▲
Equity and liabilities
Total equity and liabilities10/49€221,846€209,823▼
Equity10/15-€97,820-€97,620▲
Contributions10/11€61,973€61,973=
Capital10€61,973€61,973=
Issued capital100€61,973€61,973=
Profit (loss) carried forward14-€159,794-€159,593▲
Amounts payable17/49€319,666€307,442▼
Amounts payable within one year42/48€319,666€307,442▼
Trade debts44-€126
Suppliers440/4-€126
Other amounts payable47/48€319,666€307,316▼
Income statement Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€14,758€13,526▼
Other operating charges640/8€1,771€1,836▲
Gross operating margin9900€14,611€15,609▲
Operating profit (loss)9901-€1,918€246▲
Financial charges65/66B€39€45▲
Recurring financial charges65€39€45▲
Profit (loss) for the period before taxes9903-€1,957€201▲
Profit (loss) for the period9904-€1,957€201▲
Profit (loss) for the period to be appropriated9905-€1,957€201▲
Appropriation of the result
Profit (loss) to be appropriated9906-€159,794-€159,593▲
Profit (loss) brought forward from the previous period14P-€157,837-€159,794▼

The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20202021202220232024Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€15,939€15,939€15,370€14,758€13,526▼ 8.3%
Other operating charges640/8-€1,591€1,620€1,771€1,836▲ 3.7%
Gross operating margin9900€8,666€13,299€11,735€14,611€15,609▲ 6.8%
Operating profit (loss)9901-€8,853-€4,231-€5,255-€1,918€246▲ 113%
Financial income75/76B--€0---
Recurring financial income75--€0---
Financial charges65/66B-€141€39€39€45▲ 16.4%
Recurring financial charges65€170€141€39€39€45▲ 16.4%
Profit (loss) for the period before taxes9903-€9,023-€4,372-€5,294-€1,957€201▲ 110%
Profit (loss) for the period9904-€9,023-€4,372-€5,294-€1,957€201▲ 110%
Profit (loss) for the period to be appropriated9905-€9,023-€4,372-€5,294-€1,957€201▲ 110%
Line20202021202220232024Change
Assets
Total assets20/58€267,775€257,010€236,648€221,846€209,823▼ 5.4%
Fixed assets21/28€267,548€251,610€236,239€221,481€207,955▼ 6.1%
Tangible fixed assets22/27€267,548€251,610€236,239€221,481€207,955▼ 6.1%
Land and buildings22-€251,610€236,239€221,481€207,955▼ 6.1%
Current assets29/58€227€5,400€409€365€1,868▲ 412%
Amounts receivable within one year40/41-€5,400----
Other amounts receivable41-€5,400----
Cash at bank and in hand54/58€227-€409€365€1,868▲ 412%
Equity and liabilities
Total equity and liabilities10/49€267,775€257,010€236,648€221,846€209,823▼ 5.4%
Equity10/15-€86,198-€90,569-€95,863-€97,820-€97,620▲ 0.2%
Contributions10/11€61,973€61,973€61,973€61,973€61,973=
Capital10-€61,973€61,973€61,973€61,973=
Issued capital100-€61,973€61,973€61,973€61,973=
Profit (loss) carried forward14-€148,171-€152,543-€157,837-€159,794-€159,593▲ 0.1%
Amounts payable17/49€353,973€347,579€332,512€319,666€307,442▼ 3.8%
Amounts payable within one year42/48€353,973€347,579€332,512€319,666€307,442▼ 3.8%
Financial debts43-€3----
Credit institutions430/8-€3----
Trade debts44----€126-
Suppliers440/4----€126-
Other amounts payable47/48-€347,576€332,512€319,666€307,316▼ 3.9%
Line20202021202220232024Change
Profit (loss) for the period9904-€9,023-€4,372-€5,294-€1,957€201▲ 110%
+ Depreciation and write-downs630€15,939€15,939€15,370€14,758€13,526▼ 8.3%
Operating cash flow (approximation)€6,915€11,567€10,077€12,801€13,727▲ 7.2%
Investment in fixed assets (approximation)-€0€0€0€0-
Change in cash----€45€1,503▲ 3,476%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2026
10-08
State Gazette act Reappointments: Ellen Vandenweghe (director and managing director) and Noel Bruynooghe (director and managing director)
6 facts ▸
  • General meeting, 06-06-2026
  • Board meeting, 06-06-2026
  • Director reappointment, Ellen Vandenweghe (director and managing director)
  • Director reappointment, Noel Bruynooghe (director and managing director)
  • Board composition, Ellen Vandenweghe (director and managing director)
  • Board composition, Noel Bruynooghe (director and managing director)
2025
05-08
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 5 days late
2024
31-12
Financial Back to profitnet €201
Net result €201 after 6 loss-making years.
22-07
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
21-07
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
25-07
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
29-07
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
04-08
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema · 4 days late
2019
30-09
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema · 61 days late
2018
21-08
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema · 21 days late
2017
28-08
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema · 28 days late
2015
28-08
NBB filing Annual accounts filed
fiscal year 2014 · abbreviated schema · 28 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 2 acts read
About the unread acts

Of the 2 Belgian State Gazette acts we know for this company, 1 has been read. The other one has not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
2 directors, 2 in day-to-day management, last change in 2026

Board 2

Ellen Vandenweghe
Director and managing director · since 06-06-2026
Current
Noel Bruynooghe
Director and managing director · since 06-06-2026
Current

Day-to-day management 2

Ellen Vandenweghe
Director and managing director · since 06-06-2026
Current
Noel Bruynooghe
Director and managing director · since 06-06-2026
Current
Derived from published Gazette acts. The CBE keeps the official list of function holders; we do not read it, so the two can differ. See the function holders in the CBE →
Not every act has been read: a resignation may be missing here
1 of this company's 2 Belgian State Gazette acts has not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Registered office, Torhout · 1 establishment unit since 1996
seat establishment The establishment unit on the map
Ground area
5,499 m²
Building footprint
391 m²
Volume, LiDAR
1,470 m³
Parcel 31522D0159/00D000, Flanders · tallest building 8.0 m, ±1 floor. Linked by address, not a title deed.
3 companies at this address See who is registered here
1 establishment unit
IMMO BRUNO
Korenbloemstraat 37, 8820 TorhoutInsurance, reinsurance and pension funding, except compulsory social security
since 19962.079.656.343
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
31522D0159/00D000 Flanders 5,499 m² 1 · 391 m² 8.0 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.

Mandate history

2 people since 2026, 2 in office
Show
  • Board
  • Day-to-day management
  • began earlier
Mandates per person, with start and end dates
Name Functions and periods
Ellen Vandenweghe
  • Director and managing director, already before 06-06-2026 to date
  • Director and managing director, already before 06-06-2026 to date
Noel Bruynooghe
  • Director and managing director, already before 06-06-2026 to date
  • Director and managing director, already before 06-06-2026 to date
See the board, name and seat on a given date →

Articles of association

Who signs
A managing director alone
Daily management

Structure & network

Connections & network

2 current directors
Depth

The network starts from this company’s directors. Other companies they run appear here as nodes.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, scroll to zoom.

Identification & contact

Identification
Legal formPublic limited company
Founded30-09-1996
Fiscal year end31-12
E-invoicing
Not found in the Peppol register

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Register as of 29 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.