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Les Bruyeres

Active
Non-profit associationfounded 196363 yrs activeRue de Bruxelles 21, 4800 Verviers, BelgiumKBO/BCE: BE 0409.419.083

Les Bruyeres has been active since 1963 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €112k and a net result of €-3k. Equity remains stable across the filed fiscal years (±0.2% per year). Its solvency ranks better than 25% of 513 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is < 0.1% (very low).

Checked score

Score 2024
59 / 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. A confirmed filing finding caps the score. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability68▼-1
Solvency47▼-4
Growth32▼-46
Track record100
Bankruptcy probability, 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6k at 30 days only on tighter terms
Liquidity tight (current ratio 1.44 against 1.77 in 2023; short-term debt: 67.5% and cash: 76.2% of total assets), and 78.4% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Eight signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 88
Relative position
BE, all sectors
reference
Sector 88
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 date
Age against the risk zone
elevated failure risk from 2 to 8 years 63 years 0 70 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
21.6%
Return on assets
-0.6%
Age of the figures
21 mo
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 25% of 513 sector peers (2024).
NBB · sector comparison
Position among 513 sector peers
Solvency
better than 25%
← weakest strongest →
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-12-2025, 152 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 6 filings
Deviation from the deadline
2025
not confirmed
2024
152 d late
2023
230 d late
2021
38 d late
2009
30 d late
2008
150 d late
2007
518 d late
← before the deadline after the deadline →
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

Financials · fiscal year 2024, full schema

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-3k
2023 · €2k
2021: €-1k 2023: €2k
2021 → 2024
Working capital
€155k▼ 18.4%
2023 · €189k
2021: €108k 2023: €189k
2021 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line202120232024Trend
Equity€113k-€115k▲ 2.2%€112k▼ 2.6%
Operating result€-773-€3k€-3k
Net result€-1k-€2k€-3k
Result per fiscal year
Operating resultNet result
€-4k€-2k€0€2kOperating result 2021: €-773€-773Net result 2021: €-1k€-1kOperating result 2023: €3k€3kNet result 2023: €2k€2kOperating result 2024: €-3k€-3kNet result 2024: €-3k€-3k202120232024
The operating result turns negative in 2024: a loss of €3k after €3k in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €519k
Fixed assets €14k▲ 22.2%
Current assets €504k▲ 16.0%
Equity and liabilities €519k
Equity €112k▼ 2.6%
Debt €406k▲ 22.7%
The debt ratio rises from 74.2% to 78.4%. Equity is lower and debt is higher.
Key figures and ratios
2024 value · change against 2023
EBITDA
€6k
2023 · €8k
Cash flow
€6k
2023 · €8k
Solvency
21.6%
2023 · 25.8%
Current ratio
1.44
2023 · 1.77
Quick ratio
1.44
2023 · 1.77
Debt / equity
3.62
2023 · 2.88
ROE
-2.6%
2023 · 2.2%
ROA
-0.6%
2023 · 0.6%
Interest coverage
53.99
2023 · 79.32
Debt
€406k
2023 · €331k
Debt ≤ 1 year
€350k
2023 · €246k
Income taxes
€160
2023 · €42
Staff costs
€939k
2023 · €853k
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 · 2024 against 2023
Balance sheet Code20232024
Assets
Total assets20/58€446k€519k
Fixed assets21/28€12k€14k
Tangible fixed assets22/27€10k€12k
Furniture and vehicles24€10k€12k
Financial fixed assets28€2k€2k=
Current assets29/58€435k€504k
Amounts receivable within one year40/41€109k€107k
Other amounts receivable41€109k€107k
Cash at bank and in hand54/58€324k€395k
Deferred charges and accrued income490/1€2k€2k
Equity and liabilities
Total equity and liabilities10/49€446k€519k
Equity10/15€115k€112k
Contributions10/11€32k€32k=
Capital10€32k€32k=
Profit (loss) carried forward14€84k€81k
Amounts payable17/49€331k€406k
Amounts payable within one year42/48€246k€350k
Trade debts44€3k€7k
Suppliers440/4€3k€7k
Taxes, remuneration and social security45€127k€143k
Taxes450/3€19k€21k
Remuneration and social security454/9€108k€121k
Accrued charges and deferred income492/3€86k€57k
Income statement Code20232024
Remuneration, social security and pensions62€853k€939k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6k€9k
Other operating charges640/8-€3k
Non-recurring operating charges66A€464-
Gross operating margin9900€861k€948k
Operating profit (loss)9901€3k€-3k
Financial income75/76B€139€532
Recurring financial income75€139€532
Financial charges65/66B€103€104
Recurring financial charges65€103€104
Profit (loss) for the period before taxes9903€3k€-3k
Income taxes67/77€42€160
Profit (loss) for the period9904€2k€-3k
Profit (loss) for the period to be appropriated9905€2k€-3k
Appropriation of the result
Profit (loss) to be appropriated9906€84k€81k
Profit (loss) brought forward from the previous period14P€81k€84k
Social balance
Average headcount (FTE)908713.313.1

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

2025
30-12
NBB filing Annual accounts filed
fiscal year 2024 · full schema · 152 days late
18-03
NBB filing Annual accounts filed
fiscal year 2023 · full schema · 230 days late
2024
31-12
Financial Weakest financial yearnet €-3k ▼219%
Net result drops to €-3k, the lowest in the series.
2023
31-12
Financial Back to profitnet €2k
Net result €2k after one loss-making year.
2022
07-09
NBB filing Annual accounts filed
fiscal year 2021 · full schema · 38 days late
2010
30-08
NBB filing Annual accounts filed
fiscal year 2009 · full schema · 30 days late
2009
31-12
NBB filing Annual accounts filed
fiscal year 2007 · full schema · 518 days late
28-12
NBB filing Annual accounts filed
fiscal year 2008 · full schema · 150 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
7 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, Verviers · 1 establishment unit since 2006
establishment The establishment unit on the map
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.

Rue de Bruxelles 214800 Verviers
Ground area
290 m²
Building footprint
89 m²
Parcel 63079D0378/00F006, Wallonia. Linked by address, not a title deed.
1 establishment unit
Les Bruyeres
Rue de Bruxelles 21, 4800 VerviersSocial work activities without accommodation
since 20062.156.497.367
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
63079D0378/00F006 Wallonia 290 m² 1 · 88 m² -
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Public money · subsidies and aid

Wallonia-Brussels Federation

2021 to 2025 · 32 entries · 2,443,018 EUR in total
Year Entries paid
2025 25 843,449 EUR
2024 1 20,000 EUR
2023 3 821,956 EUR
2022 1 732,118 EUR
2021 2 25,495 EUR
Budget allocations
Subventions aux services d'accompagnement
26 entries · 2,357,220 EUR
Prise en charge des jeunes à la croisée des secteurs
2 entries · 20,303 EUR
Initiatives diverses, projets particuliers et innovants
1 entry · 20,000 EUR
Nouvelles politiques Aide à la Jeunesse
1 entry · 20,000 EUR

Similar companies · same sector, comparable size

Of 258 companies in sector 88992 we hold annual accounts for 136. 88 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formNon-profit association
Founded31-01-1963
Fiscal year end31-12
Activities, NACEBEL
88992Social work activities without accommodation
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers

Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.