M1 RE Brussels Brouckère
The computed 12-month bankruptcy probability of M1 RE Brussels Brouckère is 4.4% (elevated). The 2024 annual accounts show negative equity (€-968k) and a net result of €-88k. Equity is shrinking by ~20.9% per year across the filed fiscal years. Its solvency ranks better than 5% of 66 sector peers (fiscal year 2024). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €-968k |
| Net result | €-88k |
| Better than sector | 5% |
| Active | 5 yrs |
Mixed profile: strong on stability, weaker on health.
All 5 axes are computed from data Checked has read.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.
See plans →How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | -198.4% | 5.2% | |
| Net result | €-88k | €-34k | |
| Equity | €-968k | €34k | |
| Gross operating margin | €-24k | €30k | |
| Total assets | €488k | €1.16M |
Show 4 other metrics
| Fiscal year | 2024 |
|---|---|
| Deposit | volledig |
| Revenue | - |
| EBITDA | - |
| Net profit | €-88k |
| Cash flow | - |
| Staff costs | - |
| Income taxes | - |
| Dividends | - |
| Total assets | €488k |
| Equity | €-968k |
| Debt | €1.46M |
| of which ≤ 1y | €1.46M |
| of which > 1y | - |
| Working capital | €-987k |
| Employees (FTE) | - |
| 2024 | |
|---|---|
| Current ratio | 0.32 |
| Quick ratio | 0.32 |
| Working capital ratio | -202.3% |
| Solvency | -198.4% |
| Debt / equity | -1.50 |
| Long-term debt ratio | - |
| Interest coverage | - |
| Gross margin | - |
| Net margin | - |
| ROA | -18.0% |
| ROE | 9.1% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Full annual accounts (19 line items)
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €488k |
| Fixed assets | 21/28 | €19k |
| Tangible fixed assets | 22/27 | €19k |
| Current assets | 29/58 | €469k |
| Amounts receivable within one year | 40/41 | €1k |
| Cash & bank | 54/58 | €36k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €488k |
| Equity | 10/15 | €-968k |
| Contributions / capital | 10/11 | €100k |
| Accumulated profits (losses) | 14 | €-1.07M |
| Amounts payable | 17/49 | €1.46M |
| Amounts payable within one year | 42/48 | €1.46M |
| Trade debts payable within one year | 44 | €42k |
| Income statement | ||
| Gross operating margin | 9900 | €-24k |
| Operating result | 9901 | €-24k |
| Financial charges | 65 | €64k |
| Result before taxes | 9903 | €-88k |
| Net result for the period | 9904 | €-88k |
| Result to be appropriated | 9905 | €-88k |
| NACE primary | Hotels en dergelijke accommodatie(55100) |
| Legal form | Private limited company(610) |
| Incorporation | 22-12-2020 |
| Status | Active |
| Postal code | 1000 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21802B0487/00H000 | Brussels | 7,877 m² | 1 · 6,512 m² | 73.1 m · 15 fl. |
| 21803C1142/00L000 | Brussels | 2,812 m² | 1 · 2,035 m² | 29.1 m · 8 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
We know of 7 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
04-08-2025 Pauline Van appointed as statutory auditor
- Pauline Van, Commissaris
Technical details
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}14-02-2025 All shares are now held by a single shareholder
Technical details
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}31-05-2024 2 reappointed
- Eef Naessens, Commissaris
- Brecht Deketele, Commissaris
Technical details
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}05-04-2022 Eef Naessens appointed as statutory auditor
- Eef Naessens, Commissaris
Technical details
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}| Legal nameFR | M1 RE Brussels Brouckère |
| Legal nameFR | TCO Brussels Grand Place |