BRAIN²
ActiveSummary
BRAIN² has been active since 1998 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €6.28M and a net result of €2.27M. Equity is growing by ~25.5% per year across the filed fiscal years. Its solvency ranks better than 60% of 1416 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
90
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability93▲+1
Solvency75▼-2
Growth78▲+1
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €550k at 30 days acceptable
Liquidity ample (current ratio 4.1 against 2.29 in 2024; short-term debt: 19.7% and cash: 31% of total assets), but 50.3% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Sector 62
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 dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
49.7%
Return on assets
18%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-07-2026, 3 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
3 d early
2024
6 d early
2023
2 d early
2022
31 d early
2021
20 d early
2020
16 d early
2019
on the day
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · 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 monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
€16.67M▲ 15.8%
2024 · €14.40M
2022: €11.39M
2023: €12.91M
2024: €14.40M
2022 → 2025
EBIT margin
18.7%▲ 3.2pp
2024 · 15.5%
2022: 18.3%
2023: 21.0%
2024: 15.5%
2022 → 2025
Net result
€2.27M▲ 39.4%
2024 · €1.63M
2018: €1.08M
2019: €1.29M
2020: €1.29M
2021: €1.37M
2022: €1.52M
2023: €1.91M
2024: €1.63M
2018 → 2025
Working capital
€7.72M▲ 147%
2024 · €3.13M
2018: €908k
2019: €1.01M
2020: €1.32M
2021: €1.74M
2022: €3.03M
2023: €3.27M
2024: €3.13M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€11.39M€12.91M▲ 13.4%€14.40M▲ 11.5%€16.67M▲ 15.8%
Equity€1.80M-€1.67M▼ 7.4%€2.38M▲ 42.7%€4.01M▲ 68.6%€6.28M▲ 56.7%
Operating result€1.86M-€2.09M▲ 11.9%€2.71M▲ 29.8%€2.23M▼ 17.8%€3.11M▲ 39.9%
Net result€1.37M-€1.52M▲ 10.9%€1.91M▲ 26.0%€1.63M▼ 14.6%€2.27M▲ 39.4%
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 40% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €12.65M
Fixed assets
€2.44M ▲ 14.4%
Current assets
€10.22M ▲ 83.9%
Equity and liabilities €12.65M
Equity
€6.28M ▲ 56.7%
Debt
€6.37M ▲ 73.3%
Debt's share of the balance-sheet total rises from 47.8% to 50.3%. Equity and debt are higher.
Key figures and ratios
EBITDA
€3.23M▲
2024 · €2.35M
Cash flow
€2.39M▲
2024 · €1.76M
Current ratio
4.10▲
2024 · 2.29
Debt to equity
1.01▲
2024 · 0.92
ROE
36.2%▼
2024 · 40.7%
ROA
18.0%▼
2024 · 21.2%
Interest coverage
178.84▲
2024 · 156.88
Debt ≤ 1 year
€2.49M▲
2024 · €2.43M
Income taxes
€818k▲
2024 · €596k
Staff costs
€3.05M▲
2024 · €2.92M
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 64 lines
Balance sheet
Code20242025
Assets
Total assets20/58€7.69M€12.65M▲
Fixed assets21/28€2.13M€2.44M▲
Intangible fixed assets21€18k€3k▼
Tangible fixed assets22/27€164k€86k▼
Plant, machinery and equipment23€35k€30k▼
Furniture and vehicles24€127k€56k▼
Other tangible fixed assets26€1k€678▼
Financial fixed assets28€1.95M€2.35M▲
Affiliated companies280/1€1.72M€2.12M▲
Participating interests280€25k€25k=
Amounts receivable281€1.70M€2.10M▲
Other financial fixed assets284/8€222k€222k=
Shares284€221k€221k=
Amounts receivable and cash guarantees285/8€980€980=
Current assets29/58€5.56M€10.22M▲
Amounts receivable within one year40/41€2.39M€2.54M▲
Trade receivables40€2.39M€2.54M▲
Cash at bank and in hand54/58€2.02M€3.92M▲
Deferred charges and accrued income490/1€1.16M€3.76M▲
Equity and liabilities
Total equity and liabilities10/49€7.69M€12.65M▲
Equity10/15€4.01M€6.28M▲
Contributions10/11€19k€19k=
Reserves13€2.04M€2.04M=
Distributable reserves133€2.04M€2.04M=
Profit (loss) carried forward14€1.95M€4.22M▲
Amounts payable17/49€3.68M€6.37M▲
Amounts payable within one year42/48€2.43M€2.49M▲
Financial debts43€20k€20k=
Credit institutions430/8€20k€20k=
Trade debts44€1.79M€1.78M▼
Suppliers440/4€1.79M€1.78M▼
Taxes, remuneration and social security45€620k€697k▲
Taxes450/3€357k€327k▼
Remuneration and social security454/9€263k€370k▲
Accrued charges and deferred income492/3€1.25M€3.88M▲
Income statement
Code20242025
Operating income70/76A€14.67M€16.93M▲
Turnover70€14.40M€16.67M▲
Other operating income74€233k€237k▲
Non-recurring operating income76A€40k€21k▼
Operating charges60/66A€12.44M€13.82M▲
Goods for resale, raw materials and consumables60€7.62M€8.75M▲
Purchases600/8€7.62M€8.75M▲
Services and other goods61€1.77M€1.89M▲
Remuneration, social security and pensions62€2.92M€3.05M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€127k€114k▼
Other operating charges640/8€8k€8k▲
Operating profit (loss)9901€2.23M€3.11M▲
Financial income75/76B€85k€92k▲
Recurring financial income75€85k€92k▲
Income from financial fixed assets750€44k€11▼
Income from current assets751€26k€53k▲
Other financial income752/9€16k€39k▲
Financial charges65/66B€82k€113k▲
Recurring financial charges65€82k€113k▲
Debt charges650€15k€18k▲
Other financial charges652/9€67k€95k▲
Profit (loss) for the period before taxes9903€2.23M€3.09M▲
Income taxes67/77€596k€818k▲
Taxes670/3€596k€818k▲
Profit (loss) for the period9904€1.63M€2.27M▲
Profit (loss) for the period to be appropriated9905€1.63M€2.27M▲
Appropriation of the result
Profit (loss) to be appropriated9906€1.95M€4.22M▲
Profit (loss) brought forward from the previous period14P€317k€1.95M▲
Social balance
Average headcount (FTE)908732.733.8▲
The notes to these accounts (53 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
28-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial
Highest result since 2018net €2.27M ▲39.4%
Operating result €3.11M, net result €2.27M, both a record.
31-12
Financial
Equity above €5MEq €6.28M ▲56.7%
8 profitable years in a row build equity to €6.28M.
25-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
29-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Equity above €2MEq €2.38M ▲42.7%
6 profitable years in a row build equity to €2.38M.
30-06
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
11-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
15-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
18-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
25-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
27-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 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, Zaventem · 1 establishment unit since 1998
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.
Belgicastraat 111930 ZaventemGround area
3,969 m²
Building footprint
1,125 m²
Volume, LiDAR
17,512 m³
Parcel 23094D0029/00H000, Flanders · tallest building 18.3 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
Belgicastraat 11, 1930 Zaventem
since 19982.086.081.406
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23094D0029/00H000 | Flanders | 3,969 m² | 1 · 1,125 m² | 18.3 m · 5 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
2022 to 2025 · 4 entries · 1,457 EUR awarded · 1,498 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 128 EUR | 128 EUR |
| 2024 | 1 | 128 EUR | 128 EUR |
| 2023 | 1 | 655 EUR | 696 EUR |
| 2022 | 1 | 546 EUR | 546 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Legal Entity Identifier
699400TIIHIDLXL3G983
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Of 3,211 companies in sector 62900 we hold annual accounts for 1,741. 223 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded20-03-1998
Fiscal year end31-12
Activities, NACEBEL 2025
62900Other information technology and computer services
62200Computer consultancy and computer facilities management
73200Market research and public opinion polling
Sources
Crossroads Bank for EnterprisesNational Bank · 28 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.