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Bronier Welding

Active
Limited partnershipfounded 200719 yrs activeGroenestraat 54/BENV, 8370 Blankenberge, BelgiumKBO/BCE: BE 0890.144.551

For Bronier Welding, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show equity of €128k and a net result of €-2k. Equity is growing by ~10.6% per year across the filed fiscal years. Its solvency ranks better than 63% of 1203 sector peers (fiscal year 2023). The company has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.4% (very low).

Checked score

No current score
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Filing: At least two filing cycles are missing
Axes, FY 2023 · tick = 2021
Profitability19▼-63
Solvency79▼-10
Growth52=
Track record100
Bankruptcy probability, 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%
Credit advice for your own amount and term

Signals

Seven signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
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 2023
Solvency, return and age of the figures
Solvency
54.3%
Return on assets
-1%
Age of the figures
33 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 25
Relative position
BE, all sectors
reference
Sector 25
higher
← 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 date
Age against the risk zone
elevated failure risk from 2 to 8 years 19 years 0 20 y
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 3 filings
Position against the passed deadline
31-12-2024 close31-07-2025 deadline18-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 24-08-2024, 24 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 3 filings
Deviation from the deadline
2025
not confirmed
2024
not filed
2023
24 d late
2021
24 d late
2020
30 d late
← before the deadline after the deadline →
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2023, abbreviated schema

Equity
€128k▲ 15.9%
2021 · €111k
2020: €93k 2021: €111k
2020 → 2023
Total assets
€236k▲ 37.5%
2021 · €172k
2020: €168k 2021: €172k
2020 → 2023
Net result
€-2k
2021 · €18k
2020: €20k 2021: €18k
2020 → 2023
Working capital
€132k▲ 18.5%
2021 · €111k
2020: €97k 2021: €111k
2020 → 2023
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line202020212023Trend
Equity€93k-€111k▲ 18.9%€128k▲ 15.9%
Operating result€18k-€19k▲ 6.1%€173▼ 99.1%
Net result€20k-€18k▼ 11.0%€-2k
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
€-10k€0€10k€20kOperating result 2020: €18k€18kNet result 2020: €20k€20kOperating result 2021: €19k€19kNet result 2021: €18k€18kOperating result 2023: €173€173Net result 2023: €-2k€-2k202020212023
The operating result is €173 in 2023, compared with €19k in 2021. Comparable figures for the intervening years are unavailable.
Balance-sheet composition
2023 in colour, 2021 as the grey bar beneath
Assets €236k
Fixed assets €2k▼ 54.8%
Current assets €234k▲ 40.4%
Equity and liabilities €236k
Equity €128k▲ 15.9%
Provisions €6k=
Debt €102k▲ 84.5%
The debt ratio rises from 32.3% to 43.3%. Equity and debt are higher.
Key figures and ratios
2023 value · change against 2021
EBITDA
€1k
2021 · €21k
Cash flow
€-1k
2021 · €19k
Solvency
54.3%
2021 · 64.4%
Current ratio
2.29
2021 · 3.00
Quick ratio
2.29
2021 · 3.00
Debt / equity
0.80
2021 · 0.50
ROE
-1.9%
2021 · 15.9%
ROA
-1.0%
2021 · 10.2%
Interest coverage
0.15
2021 · 10.27
Debt
€102k
2021 · €55k
Debt ≤ 1 year
€102k
2021 · €55k
Staff costs
€28k
2021 · €38k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2023 against 2021
Balance sheet Code20212023
Assets
Total assets20/58€172k€236k
Fixed assets21/28€5k€2k
Tangible fixed assets22/27€5k€2k
Furniture and vehicles24€5k€2k
Financial fixed assets28€188€188=
Current assets29/58€167k€234k
Amounts receivable within one year40/41€164k€223k
Trade receivables40€46k€51k
Other amounts receivable41€118k€172k
Cash at bank and in hand54/58€3k€8k
Deferred charges and accrued income490/1€120€3k
Equity and liabilities
Total equity and liabilities10/49€172k€236k
Equity10/15€111k€128k
Contributions10/11€2k€2k=
Reserves13€200€200=
Non-distributable reserves130/1€200€200=
Reserves not available under the articles1311€200€200=
Profit (loss) carried forward14€108k€126k
Provisions and deferred taxes16€6k€6k=
Provisions for liabilities and charges160/5€6k€6k=
Environmental obligations163€6k€6k=
Amounts payable17/49€55k€102k
Amounts payable within one year42/48€55k€102k
Financial debts43€15k€15k
Credit institutions430/8€15k€15k
Trade debts44€28k€73k
Suppliers440/4€28k€73k
Taxes, remuneration and social security45€13k€15k
Taxes450/3€9k€4k
Remuneration and social security454/9€3k€11k
Income statement Code20212023
Remuneration, social security and pensions62€38k€28k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€1k
Other operating charges640/8€768€334
Gross operating margin9900€59k€30k
Operating profit (loss)9901€19k€173
Financial income75/76B€6k€6k
Recurring financial income75€6k€6k
Financial charges65/66B€2k€8k
Recurring financial charges65€2k€8k
Profit (loss) for the period before taxes9903€22k€-2k
Income taxes67/77€5k-
Profit (loss) for the period9904€18k€-2k
Profit (loss) for the period to be appropriated9905€18k€-2k
Appropriation of the result
Profit (loss) to be appropriated9906€108k€126k
Profit (loss) brought forward from the previous period14P€91k€129k
Social balance
Average headcount (FTE)90871.01.0=

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

2024
24-08
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema · 24 days late
2023
31-12
Financial Weakest financial yearnet €-2k ▼114%
Net result drops to €-2k, the lowest in the series.
2022
24-08
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema · 24 days late
2021
31-12
Financial Equity above €100kEq €111k ▲18.9%
2 profitable years in a row build equity to €111k.
30-08
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
Location & real-estate footprint
Registered office, Blankenberge · 1 establishment unit since 2007
establishment The establishment unit on the map
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.

Groenestraat 54/BENV8370 Blankenberge
Ground area
281 m²
Building footprint
79 m²
Volume, LiDAR
584 m³
Parcel 31602B0204/00V000, Flanders · tallest building 8.0 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Bronier Welding
Groenestraat 54, 8370 BlankenbergeManufacture of fabricated metal products, except machinery and equipment
since 20072.163.597.569
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
31602B0204/00V000 Flanders 281 m² 1 · 79 m² 8.0 m · 3 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.

Recognitions · licences · registrations

Recognised contractor

5 categories
Bronier Welding CommV.42222
category D20, class 1 · category D7, class 1 · category F1, class 1 · category F2, class 1 · category H1, class 1
decision 13-09-2022

Similar companies · same sector, comparable size

Of 3,463 companies in sector 25530 we hold annual accounts for 1,657. 1,297 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formLimited partnership
Founded18-06-2007
Fiscal year end31-12
Activities, NACEBEL
25530Machining of metals
25110Manufacture of metal structures and parts of structures
25401Forging of metal
25510Coating of metals
25610Manufacture of fabricated metal products, except machinery and equipment
42120Civil engineering
43110Demolition
43320Joinery installation
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers

Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.

Contact details

4 entries
E-mail:info@bronierwelding.com
Enterprise
Phone:0476 80 77 78
Enterprise
Phone:050 42 76 04
Enterprise