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BRN

Active
Public limited companyfounded 1978active for 48 yearsAthenestraat 13, 2020 Antwerpen, BelgiumKBO/BCE: BE 0418.693.372
Summary

BRN has been active since 1978 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €98,465 and a net result of €2,974. Equity is growing by about 3.1% per year across the filed financial years. Its solvency ranks better than 37% of 9,582 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is 0.7% (low).

Overview

Activity
Wholesale of other food products
NACE 46389
2 sites
Size
€315,771total assets 2025
Equity
€98,465
Profit
€2,974
Turnover not published (abbreviated or micro format)
Financial health
69 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
0.7%
Structure
Accounts filed 60 days late0 of 3 deeds read
Why 69raises riskLatest accounts 60 days late; 2 of the last 3 lateLiquidity: current ratio 3.68, cash €7,351Sector: Wholesale trade (NACE 46)lowers riskFounded in 1978Show the evidence

Checked score

Score 2025
69 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially better than 51% of its sector peers (NACE 46, micro)
Financial strength · tick = 2024
Strong
Solvency 56+1
equity 31.2% of total assets
Liquidity 53+2
short-term debt 2.6% · cash 2.3%
Profitability 70+51
return on assets 0.9%
Bankruptcy probability, 12 months
0.7% Low
0%0.5%1.5%4%10%≥ 25%

About 7 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (26,870 companies, NACE 46, micro)
Last 24 months 11-2024: 0.3%lowest value 12-2024: 0.3%● unchanged vs 11-2024 01-2025: 0.5%▲ +0.2 percentage points vs 12-2024 02-2025: 0.8%▲ +0.3 percentage points vs 01-2025 03-2025: 1.0%▲ +0.2 percentage points vs 02-2025 04-2025: 1.8%▲ +0.8 percentage points vs 03-2025 05-2025: 2.0%▲ +0.2 percentage points vs 04-2025 06-2025: 2.6%▲ +0.6 percentage points vs 05-2025 07-2025: 4.6%▲ +2.0 percentage points vs 06-2025 08-2025: 4.6%● unchanged vs 07-2025 09-2025: 5.0%▲ +0.4 percentage points vs 08-2025highest value 10-2025: 0.8%▼ -4.2 percentage points vs 09-2025 11-2025: 0.8%● unchanged vs 10-2025 12-2025: 0.8%● unchanged vs 11-2025 01-2026: 0.8%● unchanged vs 12-2025 02-2026: 0.8%● unchanged vs 01-2026 03-2026: 0.8%● unchanged vs 02-2026 04-2026: 0.8%● unchanged vs 03-2026 05-2026: 0.8%● unchanged vs 04-2026 06-2026: 0.8%● unchanged vs 05-2026 07-2026: 0.9%▲ +0.1 percentage points vs 06-2026 08-2026: 1.5%▲ +0.6 percentage points vs 07-2026 09-2026: 1.8%▲ +0.3 percentage points vs 08-2026 10-2026: 0.7%▼ -1.1 percentage points vs 09-2026
Credit of up to €6,000 on 30-day terms is acceptable
Liquidity ample (current ratio 3.68, compared with 2.05 in 2024; short-term debt: 2.6% and cash: 2.3% of total assets), but 68.8% of the assets are financed with debt.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 46, micro): better than 41% on solvency, 58% on liquidity, 53% on profitability and 51% on growth.

The bankruptcy probability was computed on 10-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
lowers riskraises riskneutral
raises risk · Latest accounts 60 days late; 2 of the last 3 late
NBB · filings
lowers risk · Founded in 1978
How long the company has existed counts in the probability; how much depends on the rest of its profile.
KBO
raises risk · Liquidity: current ratio 3.68, cash €7,351
NBB · annual accounts
raises risk · Sector: Wholesale trade (NACE 46)
KBO
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-09-2026, 60 days later. For context: 47% of Belgian companies file late, and of those that file 1 to 90 days late, 2.0% are now in a legal situation other than normal in the KBO (such as bankruptcy, liquidation or dissolution), against 1.66% of all filers. We show this as a fact and do not score it.
NBB · 10 filings
Deviation from the deadline
2025
60 days late
2024
61 days late
2023
on the day
2022
on the day
2021
on the day
2020
2 days early
2019
on the day
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 17 days after the deadline; the sector median (NACE 46) for financial year 2024 is 3 days before the deadline, and 39% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven months
Where today falls in the filing period
11-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · abbreviated…
  2. Back to profitnet €2,974
  3. Annual accounts filedfinancial year 2024 · micro…

Key points

  • Active since 1978founded 01-10-1978 48 years View
  • Total assets 20256 financial years filed €315,771 View

By topic

Financials

Financial year
2025
Total assets
€315,771
Profit
€2,974
Solvency
31.2%
Total assets▼ 1.3%
Net result
20192025
Go to Financials

Timeline

Events
48
Since
1980
Next accounts
by 31-07-2027
  1. 31-12-2024Weakest financial year
  2. 31-12-2024Liquidity more than doubles
  3. 31-01-2024Annual accounts filed
Go to Timeline

Company details

Sites
2
Legal form
Public limited company
Activity
Wholesale of other food productsNACE 46389
Founded
01-10-1978
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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