BRAINSOLUTIONS
ActiveSummary
BRAINSOLUTIONS has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €374k and a net result of €-43k. Equity is growing by ~58.3% per year across the filed fiscal years. Its solvency ranks better than 62% of 2699 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability10▼-69
Solvency85▼-3
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €24k at 30 days acceptable
Liquidity ample (current ratio 3.11 against 2.76 in 2024; short-term debt: 25% and cash: 29.1% of total assets), and 39.8% 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+raises 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
Computer programming, consultancy and related activities (NACE 62)
about 64% fewer bankruptcies
← 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
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 2025Solvency, return and age of the figures
Solvency
60.2%
Return on assets
-7%
Age of the figures
15 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 31-01-2026, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
7 d late
2023
1 d late
2022
on the day
2021
4 d late
2020
27 d late
2019
28 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close25-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€374k▼ 10.4%
2024 · €418k
2019: €42k
2020: €40k▼ -5.9% vs 2019lowest in 7 years
2021: €80k▲ +102% vs 2020
2022: €194k▲ +142% vs 2021
2023: €363k▲ +87.5% vs 2022
2024: €418k▲ +15.1% vs 2023highest in 7 years
2025: €374k▼ -10.4% vs 2024
2019 → 2025
Total assets
€622k▼ 6.3%
2024 · €664k
2019: €324k
2020: €276k▼ -14.8% vs 2019
2021: €255k▼ -7.5% vs 2020lowest in 7 years
2022: €362k▲ +41.7% vs 2021
2023: €650k▲ +79.6% vs 2022
2024: €664k▲ +2.2% vs 2023highest in 7 years
2025: €622k▼ -6.3% vs 2024
2019 → 2025
Net result
€-43k
2024 · €55k
2019: €20k
2020: €-2k▼ -112% vs 2019
2021: €40k▲ +1725% vs 2020
2022: €114k▲ +182% vs 2021
2023: €169k▲ +49.0% vs 2022highest in 7 years
2024: €55k▼ -67.7% vs 2023
2025: €-43k▼ -179% vs 2024lowest in 7 years
2019 → 2025
Working capital
€329k▼ 18.5%
2024 · €403k
2019: €52k
2020: €31k▼ -40.0% vs 2019lowest in 7 years
2021: €67k▲ +112% vs 2020
2022: €179k▲ +168% vs 2021
2023: €348k▲ +94.8% vs 2022
2024: €403k▲ +15.8% vs 2023highest in 7 years
2025: €329k▼ -18.5% vs 2024
2019 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€80k-€194k▲ 142%€363k▲ 87.5%€418k▲ 15.1%€374k▼ 10.4%
2021: €80klowest in 5 years
2022: €194k▲ +142% vs 2021
2023: €363k▲ +87.5% vs 2022
2024: €418k▲ +15.1% vs 2023highest in 5 years
2025: €374k▼ -10.4% vs 2024
Operating result€74k-€143k▲ 94.2%€226k▲ 57.6%€76k▼ 66.4%€-50k
2021: €74k
2022: €143k▲ +94.2% vs 2021
2023: €226k▲ +57.6% vs 2022highest in 5 years
2024: €76k▼ -66.4% vs 2023
2025: €-50k▼ -166% vs 2024lowest in 5 years
Net result€40k-€114k▲ 182%€169k▲ 49.0%€55k▼ 67.7%€-43k
2021: €40k
2022: €114k▲ +182% vs 2021
2023: €169k▲ +49.0% vs 2022highest in 5 years
2024: €55k▼ -67.7% vs 2023
2025: €-43k▼ -179% vs 2024lowest in 5 years
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €50k after €76k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €622k
Fixed assets
€138k ▲ 323%
Current assets
€484k ▼ 23.3%
Equity and liabilities €622k
Equity
€374k ▼ 10.4%
Debt
€248k ▲ 0.5%
Debt's share of the balance-sheet total rises from 37.1% to 39.8%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-36k▼
2024 · €82k
Cash flow
€-29k▼
2024 · €61k
Current ratio
3.11▲
2024 · 2.76
Debt to equity
0.66▲
2024 · 0.59
ROE
-11.6%▼
2024 · 13.1%
ROA
-7.0%▼
2024 · 8.2%
Interest coverage
-15.28▼
2024 · 34.88
Debt ≤ 1 year
€156k▼
2024 · €228k
Debt > 1 year
€92k▲
2024 · €18k
Income taxes
€357▼
2024 · €21k
Staff costs
€426k▲
2024 · €402k
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 · 52 lines
Balance sheet
Code20242025
Assets
Total assets20/58€664k€622k▼
Fixed assets21/28€33k€138k▲
Tangible fixed assets22/27€33k€124k▲
Plant, machinery and equipment23-€7k
Furniture and vehicles24-€3k
Other tangible fixed assets26€33k€115k▲
Financial fixed assets28-€14k
Current assets29/58€632k€484k▼
Amounts receivable within one year40/41€287k€293k▲
Trade receivables40€218k€263k▲
Other amounts receivable41€69k€31k▼
Current investments50/53€100k-
Cash at bank and in hand54/58€236k€181k▼
Deferred charges and accrued income490/1€8k€10k▲
Equity and liabilities
Total equity and liabilities10/49€664k€622k▼
Equity10/15€418k€374k▼
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k-
Reserves not available under the articles1311€2k-
Distributable reserves133-€2k
Profit (loss) carried forward14€397k€354k▼
Amounts payable17/49€247k€248k▲
Amounts payable after more than one year17€18k€92k▲
Financial debts170/4€18k€92k▲
Amounts payable within one year42/48€228k€156k▼
Current portion of amounts payable after more than one year42€6k€10k▲
Trade debts44€179k€120k▼
Suppliers440/4€179k€120k▼
Taxes, remuneration and social security45€43k€27k▼
Taxes450/3€10k€3k▼
Remuneration and social security454/9€33k€24k▼
Other amounts payable47/48€981-
Income statement
Code20242025
Non-recurring operating income76A€10k-
Remuneration, social security and pensions62€402k€426k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7k€15k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€969-
Other operating charges640/8€995€442▼
Non-recurring operating charges66A-€35k
Gross operating margin9900€486k€426k▼
Operating profit (loss)9901€76k€-50k▼
Financial income75/76B€2k€10k▲
Recurring financial income75€2k€10k▲
Financial charges65/66B€2k€2k▼
Recurring financial charges65€2k€2k▼
Profit (loss) for the period before taxes9903€76k€-43k▼
Income taxes67/77€21k€357▼
Profit (loss) for the period9904€55k€-43k▼
Profit (loss) for the period to be appropriated9905€55k€-43k▼
Appropriation of the result
Profit (loss) to be appropriated9906€397k€354k▼
Profit (loss) brought forward from the previous period14P€343k€397k▲
Social balance
Average headcount (FTE)90877.36.9▼
The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €42k | €10k | - | - |
| Remuneration, social security and pensions62 | - | €447k | €372k | €402k | €426k | ▲ 6.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €12k | €14k | €10k | €7k | €15k | ▲ 125% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | €969 | - | - |
| Other operating charges640/8 | - | €2k | €2k | €995 | €442 | ▼ 55.6% |
| Non-recurring operating charges66A | - | - | - | - | €35k | - |
| Gross operating margin9900 | €455k | €606k | €610k | €486k | €426k | ▼ 12.4% |
| Operating profit (loss)9901 | €74k | €143k | €226k | €76k | €-50k | ▼ 166% |
| Financial income75/76B | - | €21k | €266 | €2k | €10k | ▲ 339% |
| Recurring financial income75 | €1k | €21k | €266 | €2k | €10k | ▲ 339% |
| Financial charges65/66B | - | €6k | €4k | €2k | €2k | ▼ 1.6% |
| Recurring financial charges65 | €14k | €6k | €4k | €2k | €2k | ▼ 1.6% |
| Profit (loss) for the period before taxes9903 | €61k | €159k | €222k | €76k | €-43k | ▼ 157% |
| Income taxes67/77 | €21k | €45k | €53k | €21k | €357 | ▼ 98.3% |
| Profit (loss) for the period9904 | €40k | €114k | €169k | €55k | €-43k | ▼ 179% |
| Profit (loss) for the period to be appropriated9905 | €40k | €114k | €169k | €55k | €-43k | ▼ 179% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €255k | €362k | €650k | €664k | €622k | ▼ 6.3% |
| Fixed assets21/28 | €16k | €15k | €15k | €33k | €138k | ▲ 323% |
| Tangible fixed assets22/27 | €16k | €15k | €15k | €33k | €124k | ▲ 281% |
| Plant, machinery and equipment23 | - | €10k | €4k | - | €7k | - |
| Furniture and vehicles24 | - | €559 | - | - | €3k | - |
| Other tangible fixed assets26 | - | €4k | €11k | €33k | €115k | ▲ 253% |
| Financial fixed assets28 | - | - | - | - | €14k | - |
| Current assets29/58 | €240k | €347k | €635k | €632k | €484k | ▼ 23.3% |
| Amounts receivable within one year40/41 | €115k | €91k | €172k | €287k | €293k | ▲ 2.0% |
| Trade receivables40 | - | €79k | €160k | €218k | €263k | ▲ 20.4% |
| Other amounts receivable41 | - | €11k | €13k | €69k | €31k | ▼ 55.8% |
| Current investments50/53 | - | €100k | - | €100k | - | - |
| Cash at bank and in hand54/58 | €118k | €151k | €458k | €236k | €181k | ▼ 23.4% |
| Deferred charges and accrued income490/1 | - | €5k | €5k | €8k | €10k | ▲ 28.5% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €255k | €362k | €650k | €664k | €622k | ▼ 6.3% |
| Equity10/15 | €80k | €194k | €363k | €418k | €374k | ▼ 10.4% |
| Contributions10/11 | - | €19k | €19k | €19k | €19k | = |
| Reserves13 | €2k | €2k | €2k | €2k | €2k | = |
| Non-distributable reserves130/1 | - | €2k | €2k | €2k | - | - |
| Reserves not available under the articles1311 | - | €2k | €2k | €2k | - | - |
| Distributable reserves133 | - | - | - | - | €2k | - |
| Profit (loss) carried forward14 | €60k | €173k | €343k | €397k | €354k | ▼ 10.9% |
| Amounts payable17/49 | €175k | €168k | €287k | €247k | €248k | ▲ 0.5% |
| Amounts payable after more than one year17 | €2k | - | - | €18k | €92k | ▲ 409% |
| Financial debts170/4 | - | - | - | €18k | €92k | ▲ 409% |
| Amounts payable within one year42/48 | €173k | €168k | €287k | €228k | €156k | ▼ 31.8% |
| Current portion of amounts payable after more than one year42 | - | €13k | - | €6k | €10k | ▲ 68.6% |
| Trade debts44 | €106k | €129k | €222k | €179k | €120k | ▼ 33.1% |
| Suppliers440/4 | - | €129k | €222k | €179k | €120k | ▼ 33.1% |
| Taxes, remuneration and social security45 | - | €26k | €64k | €43k | €27k | ▼ 38.4% |
| Taxes450/3 | - | €5k | €44k | €10k | €3k | ▼ 71.3% |
| Remuneration and social security454/9 | - | €21k | €20k | €33k | €24k | ▼ 28.8% |
| Other amounts payable47/48 | - | €526 | €981 | €981 | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €40k | €114k | €169k | €55k | €-43k | ▼ 179% |
| + Depreciation and write-downs630 | €12k | €14k | €10k | €7k | €15k | ▲ 125% |
| Operating cash flow (approximation) | €52k | €127k | €179k | €61k | €-29k | ▼ 147% |
| Investment in fixed assets (approximation) | - | €-13k | €-10k | €-24k | €-120k | ▼ 394% |
| Change in cash | - | €33k | €307k | €-221k | €-55k | ▲ 75.0% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-01
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
30-06
Financial
Weakest financial yearnet €-43k
Net result drops to €-43k, the lowest in the series.
07-02
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 7 days late
2024
01-02
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 1 day late
2023
30-06
Financial
Highest result since 2019net €169k ▲49%
Operating result €226k, net result €169k, both a record.
30-06
Financial
Equity above €200kEq €363k ▲87.5%
3 profitable years in a row build equity to €363k.
31-01
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
30-06
Financial
Equity above €150kEq €194k ▲142%
2 profitable years in a row build equity to €194k.
04-02
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 4 days late
2021
30-06
Financial
Back to profitnet €40k
Net result €40k after one loss-making year.
27-02
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 27 days late
2020
28-02
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 28 days late
Show earlier events
2019
31-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
31-01
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
27-02
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 27 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
4 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, Hove · 1 establishment unit since 2014
Ground area
1,326 m²
Building footprint
723 m²
Volume, LiDAR
3,954 m³
Parcel 11021A0005/00F003, Flanders · tallest building 14.7 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
BRAINSOLUTIONS
since 20142.233.689.076
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11021A0005/00F003 | Flanders | 1,326 m² | 1 · 723 m² | 14.7 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
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QUARTZ CONSULTING
BE 0465.246.543
Ecaussinnes · Eq €373,531
ELFER
BE 0651.973.424
Aalst · Eq €375,619
Of 16,879 companies in sector 62100 we hold annual accounts for 8,771. 5,896 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded09-12-2002
Fiscal year end30-06
Activities, NACEBEL 2025
62100Computer programming
62200Computer consultancy and computer facilities management
Scores and ratios are computed by Checked and are not a credit decision.