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B & R

Active
Public limited companyfounded 1977active for 48 yearsZeedijk-Knokke 715, 8300 Knokke-Heist, BelgiumKBO/BCE: BE 0418.035.356
Summary

B & R has been active since 1977 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.1m and a net result of -€78,495. Equity has been growing by about 3.6% per year since 2019. Its solvency ranks better than 77% of 17,149 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Official details

Source: KBO
Status
Active since 04-11-1977 Normal situation
Activity
Renting and operating of own or leased residential real estate, excluding social housing NACE 68201and 2 others
Joint committee
100 Aanvullend Paritair Comité voor de werklieden · annual accounts 30-09-2025
Establishment unit
2.039.689.868 8300 Knokke-Heist, since 16-06-1980
Financial year end
30 September
Peppol
Reachable

Board and ownership

Board

Financial position

91 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Annual accounts to 30-09-2025
Gross margin
€99,212
▼ 44.5%
Turnover
≈ €130,000
estimated
Loss
€78,495
Equity
€1.1m
▼ 6.6%
Total assets
€1.7m
▼ 2.9%
Employees on 30-09-2025
1
=
Score breakdownraises riskLiquidity: current ratio 1.44, cash €15,345Loss of €78,495 (financial year 2025)lowers riskSize: total assets €1.7mFigures for financial year 2025 (filed on 30-04-2026)Show the evidence

Checked score

Score 2025
91 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 41% of micro companies in real estate (NACE 68)
Financial strength · tick: 2024
Average
Solvency 92-2
equity 66.8% of total assets
Liquidity 42-9
short-term debt 25.2% · cash 0.9%
Profitability 23-36
return on assets -4.7%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (26,630 companies, NACE 68, micro)
Last 24 months 12-2024: 0.1% 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.2%▲ +0.1 percentage points vs 03-2025highest value 05-2025: 0.1%▼ -0.1 percentage points vs 04-2025lowest value 06-2025: 0.1%● unchanged vs 05-2025lowest value 07-2025: 0.1%● unchanged vs 06-2025lowest value 08-2025: 0.1%● unchanged vs 07-2025lowest value 09-2025: 0.1%● unchanged vs 08-2025lowest value 10-2025: 0.1%● unchanged vs 09-2025lowest value 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: 0.2%▲ +0.1 percentage points vs 03-2026 05-2026: 0.1%▼ -0.1 percentage points vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026 08-2026: 0.1%● unchanged vs 07-2026 09-2026: 0.1%● unchanged vs 08-2026 10-2026: 0.1%● unchanged vs 09-2026 11-2026: 0.1%● unchanged vs 10-2026
Credit of up to €100,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.44 (3.76 in 2024), below the usual 1.5. Short-term debt is 25.2% and cash 0.9% of total assets. 33.2% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 68, micro). It does better than 76% of them on solvency, 35% on liquidity, 22% on profitability and 32% on growth.

The bankruptcy probability was computed on 03-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Size: total assets €1.7m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Liquidity: current ratio 1.44, cash €15,345
NBB · annual accounts
raises risk · Loss of €78,495 (financial year 2025)
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed on 30-04-2026)
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 30-04-2026, 0 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
on the day
2024
1 day early
2023
on the day
2022
23 days late
2021
24 days late
2020
50 days early
2019
5 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average on the deadline day. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-09-2026 is due by 30-04-2027. Nothing is late today. The company usually files around 1 May (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
30-09-2026 year end04-11-2026 today30-04-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Caution: From profit to loss in 2025after a profit of €46,889 in 2024 -€78,495 View
  • Caution: Lower net result than 95% of companies in real estatesector median €6,030 · 17,139 companies -€78,495 View

Recent changes

  1. · Gazette deed Purpose · Amendment of the articles
  2. · Gazette deed Reappointments: BERTELS Michel (director) and BERTELS Christine (director)
All 16 events

Comparable companies

These companies have the same main activity as B & R: renting and operating of own or leased residential real estate, excluding social housing (NACE 68201). They are comparable in size and age: total assets between €1.4m and €1.8m, founded between 1972 and 1985.

CompanyTotal assetsGross margin
B & R Knokke-Heist€1.7m€0.1m
Super Europ Middelkerke€1.4m€0.1m
FLODECO Ingelmunster€1.4m€0.1m
Etudes et Constructions Liège€1.7m€0.1m
AUSTRALIAN COMPANY Knokke-Heist€1.4m€0.1m
BLOEMEN FOURNIER Menen€1.8m€0.1m
BILICA Damme€1.6m€0.1m
Full comparison

Key facts about B & R

What is the company number of B & R?
The company number of B & R is 0418.035.356. The VAT number is the same number with BE in front: BE 0418.035.356.
Where is B & R based?
The registered office is at Zeedijk-Knokke 715, 8300 Knokke-Heist.Company details
What does B & R do?
According to the KBO register, the main activity is renting and operating of own or leased residential real estate, excluding social housing (NACE 68201).
What is the legal form of B & R?
The legal form of B & R is Public limited company (NV).
When was B & R founded?
B & R was founded on 04-11-1977.
Is B & R still active?
Yes, B & R is an active enterprise in the KBO register.
How many employees does B & R have?
B & R had an average of 1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does B & R fall under?
In its 30-09-2025 annual accounts, B & R states joint committee 100 (Aanvullend Paritair Comité voor de werklieden).
What is the turnover of B & R?
The turnover in financial year 2025 is ≈ €130,000. This figure is estimated from the gross margin of €99,212 and 45 comparable companies (NACE 682). It probably lies between €110,000 and €160,000.
Is B & R profitable?
In financial year 2025, B & R made a loss of €78,495.
Where can I find the annual accounts of B & R?
B & R filed 47 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of B & R due?
B & R must file the annual accounts for financial year 2026 by 30-04-2027.Timeline

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