BRAWA
The computed 12-month bankruptcy probability of BRAWA is 9.6% (elevated). The 2021 annual accounts show equity of €16k and a net result of €4k. Equity is growing by ~10% per year across the filed fiscal years. Its solvency ranks better than 82% of 794 sector peers (fiscal year 2021). The company has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €16k |
| Net result | €4k |
| Better than sector | 82% |
| Active | 7 yrs |
Exceptional profile, strong across almost every axis.
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?
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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 | 73.6% | 31.9% | |
| Net result | €4k | €5k | |
| Equity | €16k | €18k | |
| Gross operating margin | €7k | €22k | |
| Total assets | €22k | €59k |
| Fiscal year | 2021 |
|---|---|
| Deposit | micro |
| Revenue | - |
| EBITDA | €7k |
| Net profit | €4k |
| Cash flow | €8k |
| Staff costs | - |
| Income taxes | - |
| Dividends | - |
| Total assets | €22k |
| Equity | €16k |
| Debt | €6k |
| of which ≤ 1y | €6k |
| of which > 1y | - |
| Working capital | €16k |
| Employees (FTE) | - |
| 2021 | |
|---|---|
| Current ratio | 3.78 |
| Quick ratio | 3.78 |
| Working capital ratio | 73.2% |
| Solvency | 73.6% |
| Debt / equity | 0.36 |
| Long-term debt ratio | - |
| Interest coverage | 42.75 |
| Gross margin | - |
| Net margin | - |
| ROA | 19.4% |
| ROE | 26.3% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2021 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €22k |
| Fixed assets | 21/28 | €100 |
| Tangible fixed assets | 22/27 | €0 |
| Financial fixed assets | 28 | €100 |
| Current assets | 29/58 | €22k |
| Amounts receivable within one year | 40/41 | €12k |
| Cash & bank | 54/58 | €9k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €22k |
| Equity | 10/15 | €16k |
| Contributions / capital | 10/11 | €20k |
| Accumulated profits (losses) | 14 | €-4k |
| Amounts payable | 17/49 | €6k |
| Amounts payable within one year | 42/48 | €6k |
| Trade debts payable within one year | 44 | €5k |
| Income statement | ||
| Gross operating margin | 9900 | €7k |
| Operating result | 9901 | €3k |
| Financial income | 75 | €2k |
| Financial charges | 65 | €154 |
| Result before taxes | 9903 | €4k |
| Net result for the period | 9904 | €4k |
| Result to be appropriated | 9905 | €4k |
-
Current07-07-2026 → present
3 events
- 07-07-2026 Appointed· Director
- 12-01-2026 Resigned· Director
- 09-10-2025 Appointed· Director
-
Current01-07-2022 → present
Former directors (1)
-
Former- → 30-06-2022
| NACE primary | Land transport(49330) |
| Legal form | Private limited company (pre-2019)(015) |
| Incorporation | 13-12-2018 |
| Status | Active |
| Postal code | 1080 |
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. |
|---|---|---|---|---|
| 23352F0028/00T003 | Flanders | 862 m² | 1 · 209 m² | 17.7 m · 5 fl. |
| 21523B0764/00E003 | Brussels | 613 m² | 1 · 420 m² | 15.2 m · 5 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
04-08-2026 General meeting · Officer appointment
- Publication: 04/08/2026 · BRAWA
- Filing: 28/07/2026 · BRAWA
- General meeting: 07/07/2026 · BRAWA
- Officer appointment: role: administrateur, start_date: 2026-07-07 · Kasem Shadi
Technical details
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}03-02-2026 Kasem Shadi resigns as director
- Kasem Shadi, Bestuurder
Technical details
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}17-10-2025 Kasem Shadi appointed as director
- Kasem Shadi, Bestuurder
Technical details
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}18-09-2025 Registered office moved from Bruxelles to Molenbeek-Saint-Jean
- Boulevard de l'Empereur 10, 1000 Bruxelles → Rue d'ostende 86, 1080 Molenbeek-Saint-Jean
Technical details
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}16-08-2022 Transaction in capital or shares
Technical details
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}02-03-2020 Registered office moved within Bruxelles
- Avenue des Croix de Guerre 94, 1120 Bruxelles → Boulevard de l'Empereur 10, 1000 Bruxelles
Technical details
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}17-05-2019 Transaction in capital or shares
Technical details
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}17-12-2018 Incorporation of a new SNC
Technical details
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}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameFR | BRAWA |