Marc Browaeys

Active

Private limited companyfounded 20233 yrs activeSpoorweglaan 15, 9700 Oudenaarde, BelgiumKBO/BCE: BE 0803.420.415

The computed 12-month bankruptcy probability of Marc Browaeys is 2.4% (moderate). The 2025 annual accounts show equity of €48k and a net result of €15k. Its solvency ranks better than 63% of 27407 sector peers (fiscal year 2025). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.

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Checked score

Score 2025

93 / 100

Excellent▲ +7 vs 2024

The score combines four axes. Every signal that weighs is under Signals.

Axes · tick = 2024

Profitability100=

Solvency98▲+7

Growth52

Stability94

Bankruptcy probability, 12 months

2.4% Moderate

0%0.5%1.5%4%10%≥ 25%

Credit up to €5k at 30 days acceptable

Liquidity ample (current ratio 2.02 against 1.84 in 2024), and 41.2% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Limited track record

This company has not been active as long as an established one and statistically fails somewhat more often.

KBO · incorporation date

Age against the risk zone

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 43

Relative position

BE, all sectors

reference

Sector 43

higher

← fewer bankruptcies more bankruptcies →

Annual accounts: healthy financial profile

The latest annual accounts show a healthy profile in solvency, result and liquidity.

NBB · annual accounts 2025

Solvency, return and age of the figures

Solvency

58.8%

Return on assets

18.9%

Age of the figures

8 mo

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 · 2 filings

Deviation from the deadline

2025

31 d late

2024

29 d late

← before the deadline after the deadline →

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 months

Position in the running window

15-09-2026 today31-12-2026 close31-07-2027 deadline

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 2025, micro schema

Equity

€48k▲ 47.4%

2024 · €32k

2024: €32k

2024 → 2025

Total assets

€81k▲ 24.6%

2024 · €65k

2024: €65k

2024 → 2025

Net result

€15k▼ 48.6%

2024 · €30k

2024: €30k

2024 → 2025

Working capital

€27k▲ 2.2%

2024 · €26k

2024: €26k

2024 → 2025

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20242025Trend

Equity€32k-€48k▲ 47.4%

Operating result€46k-€24k▼ 47.9%

Net result€30k-€15k▼ 48.6%

Turnover and EBIT margin not published: the micro schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result falls in 2025; 2025 is 48% below 2024.

Balance-sheet composition

2025 in colour, 2024 as the grey bar beneath

Assets €81k

34.1%

65.9%

Fixed assets €28k▲ 274%

Current assets €53k▼ 7.3%

Equity and liabilities €81k

58.8%

41.2%

Equity €48k▲ 47.4%

Debt €33k▲ 2.0%

The debt ratio falls from 50.3% to 41.2%: equity grows faster than debt.

Key figures and ratios

2025 value · change against 2024

EBITDA

€31k▼

2024 · €47k

Cash flow

€22k▼

2024 · €31k

Solvency

58.8%▲

2024 · 49.7%

Current ratio

2.02▲

2024 · 1.84

Quick ratio

1.35▲

2024 · 1.34

Debt / equity

0.70▼

2024 · 1.01

ROE

32.2%▼

2024 · 92.3%

ROA

18.9%▼

2024 · 45.9%

Interest coverage

46.99▼

2024 · 314.71

Debt

€33k▲

2024 · €33k

Debt ≤ 1 year

€27k▼

2024 · €31k

Debt > 1 year

€5k

Income taxes

€9k▼

2024 · €16k

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€65k€81k▲

Fixed assets21/28€7k€28k▲

Tangible fixed assets22/27€7k€28k▲

Plant, machinery and equipment23€2k€4k▲

Furniture and vehicles24€6k€20k▲

Other tangible fixed assets26-€3k

Current assets29/58€58k€53k▼

Stocks and contracts in progress3€16k€18k▲

Stocks30/36€16k€18k▲

Amounts receivable within one year40/41€27k€17k▼

Trade receivables40€26k€14k▼

Other amounts receivable41€1k€3k▲

Cash at bank and in hand54/58€14k€17k▲

Deferred charges and accrued income490/1€1k€1k▲

Equity and liabilities

Total equity and liabilities10/49€65k€81k▲

Equity10/15€32k€48k▲

Contributions10/11€3k€3k=

Reserves13€30k€45k▲

Distributable reserves133€30k€45k▲

Amounts payable17/49€33k€33k▲

Amounts payable after more than one year17-€5k

Financial debts170/4-€5k

Amounts payable within one year42/48€31k€27k▼

Current portion of amounts payable after more than one year42-€3k

Trade debts44€17k€11k▼

Suppliers440/4€17k€11k▼

Taxes, remuneration and social security45€11k€12k▲

Taxes450/3€11k€12k▲

Other amounts payable47/48€4k€0▼

Accrued charges and deferred income492/3€1k€2k▲

Income statement Code20242025

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€7k▲

Other operating charges640/8€2k€1k▼

Gross operating margin9900€49k€32k▼

Operating profit (loss)9901€46k€24k▼

Financial income75/76B€8€510▲

Recurring financial income75€8€510▲

Financial charges65/66B€150€652▲

Recurring financial charges65€150€652▲

Profit (loss) for the period before taxes9903€46k€24k▼

Income taxes67/77€16k€9k▼

Profit (loss) for the period9904€30k€15k▼

Profit (loss) for the period to be appropriated9905€30k€15k▼

Appropriation of the result

Profit (loss) to be appropriated9906€30k€15k▼

Transfer to equity691/2€30k€15k▼

To other reserves6921€30k€15k▼

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

Download as CSV

Timeline · acts, filings and financial milestones

All 2Filings 2

Next filing, fiscal year 2026, expected by 31-07-2027

2026

31-08

NBB filing Annual accounts filed

fiscal year 2025 · micro schema · 31 days late

2025

29-08

NBB filing Annual accounts filed

fiscal year 2024 · micro schema · 29 days late

NBB filing

Directors · office · real estate

Directors

1 act for this company is 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, Oudenaarde · 1 establishment unit since 2023

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.

Spoorweglaan 159700 Oudenaarde

Ground area

644 m²

Building footprint

115 m²

Volume, LiDAR

677 m³

Parcel 45507A0254/00P000, Flanders · tallest building 11.1 m, ±1 floor. Linked by address, not a title deed.

1 establishment unit

BROHEATING

Spoorweglaan 15, 9700 OudenaardePlumbing work

since 20232.348.437.997

1 parcel

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
45507A0254/00P000	Flanders	644 m²	1 · 115 m²	11.1 m · 1 fl.

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

Flemish government

2023 to 2025 · 2 entries · 193 EUR awarded · 137 EUR paid

Year	Entries	awarded	paid
2025	1	137 EUR	137 EUR
2023	1	56 EUR	0 EUR

Schemes

Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)

2 entries · 193 EUR · 137 EUR paid · Fonds voor Innoveren en Ondernemen

Similar companies · same sector, comparable size

INST-BOUW

BE 0746.993.832

Brussel · Eq €48k

HUYBRECHTS BART LOODGIETERIJ

Of 6,991 companies in sector 43221 we hold annual accounts for 3,445. 2,933 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company

Founded30-06-2023

Fiscal year end31-12

Activities, NACEBEL

43221Plumbing work

43211General electrical installation work

43212Electrical installation work in industrial facilities

43222Installation of electric heating, air conditioning, cooling and ventilation

77222Rental and leasing activities

77229Renting and leasing of other personal and household goods

77299Rental and leasing activities

Sources

Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers

Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.