BRS
The computed 12-month bankruptcy probability of BRS is < 0.1% (very low). The 2025 annual accounts show equity of €2.40M and a net result of €-85k. Equity is growing by ~4.4% per year across the filed fiscal years. Its solvency ranks better than 95% of 86 sector peers (fiscal year 2025). The company has been active since 1991 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €2.40M |
| Net result | €-85k |
| Better than sector | 95% |
| Active | 34 yrs |
Strong profile, led by solvency.
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 | 99.3% | 69.8% | |
| Net result | €-85k | €23k | |
| Equity | €2.40M | €266k | |
| Gross operating margin | €-106k | €318k | |
| Total assets | €2.41M | €680k |
| Fiscal year | 2025 |
|---|---|
| Revenue | - |
| EBITDA | - |
| Net profit | €-85k |
| Cash flow | - |
| Staff costs | - |
| Income taxes | - |
| Dividends | - |
| Total assets | €2.41M |
| Equity | €2.40M |
| Debt | €16k |
| of which ≤ 1y | €16k |
| of which > 1y | - |
| Working capital | €2.07M |
| Employees (FTE) | - |
| 2025 | |
|---|---|
| Current ratio | 128.32 |
| Quick ratio | 128.32 |
| Working capital ratio | 85.9% |
| Solvency | 99.3% |
| Debt / equity | 0.01 |
| Long-term debt ratio | - |
| Interest coverage | - |
| Gross margin | - |
| Net margin | - |
| ROA | -3.5% |
| ROE | -3.5% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2025 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €2.41M |
| Fixed assets | 21/28 | €323k |
| Financial fixed assets | 28 | €323k |
| Current assets | 29/58 | €2.09M |
| Amounts receivable within one year | 40/41 | €1k |
| Investments | 50/53 | €1.95M |
| Cash & bank | 54/58 | €128k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €2.41M |
| Equity | 10/15 | €2.40M |
| Contributions / capital | 10/11 | €700k |
| Reserves | 13 | €500k |
| Accumulated profits (losses) | 14 | €1.20M |
| Amounts payable | 17/49 | €16k |
| Amounts payable within one year | 42/48 | €16k |
| Trade debts payable within one year | 44 | €5k |
| Income statement | ||
| Gross operating margin | 9900 | €-106k |
| Operating result | 9901 | €-115k |
| Financial income | 75 | €31k |
| Financial charges | 65 | €601 |
| Result before taxes | 9903 | €-85k |
| Net result for the period | 9904 | €-85k |
| Result to be appropriated | 9905 | €-85k |
| NACE primary | 94995 |
| Legal form | Non-profit association(017) |
| Incorporation | 19-12-1991 |
| Status | Active |
| Postal code | 3000 |
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. |
|---|---|---|---|---|
| 24502B0852/00S000 | Flanders | 1,663 m² | 1 · 1,597 m² | - |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
03-10-2025 5 directors appointed
- Annemie VERHAEVERT, Bestuurder
- Bruno MENU, Bestuurder
- Katia ANDRIES, Bestuurder
- Valérie LEMASSON, Bestuurder
- Philip MARCK, Bestuurder
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}04-10-2024 5 directors appointed, 6 resigning
- Frederik VANDEPITTE, Bestuurder
- Sophie CEYSSENS, Bestuurder
- Bart VAN AKEN, Bestuurder
- Johan TYTECA, Bestuurder
- Lieven KEPPENS, Bestuurder
- Frederik GOEGEBEUR, Bestuurder
- Lieven BOONE, Bestuurder
- Guido POFFE, Bestuurder
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}12-04-2024 1 director appointed, 1 resigning
- Frederik Vandepitte, Bestuurder
- Franky Depickere, Bestuurder
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}17-07-2023 9 directors appointed
- Geert DEBEERST, Bestuurder
- Marc DAEMS, Bestuurder
- Filip FERRANTE, Bestuurder
- Bart VERBEEK, Bestuurder
- Frederik GOEGEBEUR, Bestuurder
- Stephan OLAERTS, Bestuurder
- Victor VAN DE MOORTEL, Bestuurder
- BOGAERT & BOSMANS Bedrijfsrevisoren bv, Commissaris
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}12-07-2022 5 directors appointed, 1 resigning
- Valérie Lemasson, Bestuurder
- Philip Marck, Bestuurder
- Katia Andries, Bestuurder
- Bruno Menu, Bestuurder
- Franky Depickere, Bestuurder
- Annemie Verhaevert, Bestuurder
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}10-06-2022 1 director appointed, 1 resigning
- Katia Andries, Bestuurder
- Lutgarde Vettenburg, Bestuurder
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}01-04-2022 1 director appointed, 1 resigning
- Bruno Menu, Bestuurder
- Jean Masscheleyn, Bestuurder
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}01-09-2021 Articles of association amended
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}30-06-2021 4 directors appointed, 1 resigning
- Dries Winters, Bestuurder
- Lieven Boone, Bestuurder
- Guido Poffé, Bestuurder
- Philippe Matthijs, Bestuurder
- Koen Van der Steeri, Bestuurder
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}07-10-2020 9 directors appointed
- Geert Debeerst, Bestuurder
- Filip Ferrante, Bestuurder
- Bart Verbeek, Bestuurder
- Marc Daems, Bestuurder
- Frederik Goegebeur, Bestuurder
- Stephan Olaerts, Bestuurder
- Vic Van de Moortel, Bestuurder
- Lutgarde Vettenburg, Bestuurder
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}30-09-2019 3 directors appointed, 1 resigning
- Franky Depickere, Bestuurder
- Jean Masscheleyn, Bestuurder
- Annemie Verhaevert, Bestuurder
- Matthieu Vanhove, Bestuurder
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}07-11-2018 4 directors appointed, 1 resigning
- Lieven Boone, Raad van bestuur
- Guido Poffé, Raad van bestuur
- Philippe Matthijs, Raad van bestuur
- Koen Van der Steen, Raad van bestuur
- Frans Rymenams, Raad van bestuur
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}13-12-2017 Peter Bogaert appointed as statutory auditor
- Peter Bogaert, Commissaris
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}21-06-2017 5 directors appointed, 5 resigning
- Vic Van de Moortel, Raad van bestuur
- Marc Daems, Raad van bestuur
- Frederik Goegebeur, Raad van bestuur
- Stephan Olaerts, Raad van bestuur
- Lut Vettenburg, Raad van bestuur
- Jacques De Raeymaeker, Raad van bestuur
- Olivier Lambin, Raad van bestuur
- Dirk Vyncke, Raad van bestuur
Technical details
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}03-02-2017 7 resigning
- Philippe Matthijs, Raad van bestuur
- Ghislaine Van Kerckhove, Raad van bestuur
- Franky Depickere, Raad van bestuur
- Jean Masscheleyn, Raad van bestuur
- Matthieu Vanhove, Raad van bestuur
- Annemie Verhaevert, Raad van bestuur
- Peter Buelens, Raad van bestuur
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}25-08-2015 7 directors appointed, 1 resigning
- Lieven Boone, Raad van bestuur
- Peter Buelens, Raad van bestuur
- Koen Peeters, Raad van bestuur
- Koen Van der Steen, Raad van bestuur
- Paul Troch, Raad van bestuur
- Frans Rymenams, Raad van bestuur
- Guido Poffé, Raad van bestuur
- Johan Struyvelt, Raad van bestuur
Technical details
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}03-06-2015 2 directors appointed, 1 resigning
- Vic Van de Moortel, Raad van bestuur
- Peter Bogaert, Commissaris
- Erik Van Acker, Raad van bestuur
Technical details
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}04-01-2007 Publication in the Belgian Official Gazette, Miscellaneous
Technical details
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"summary_narrative": "De Bijzondere Algemene Vergadering van BRS VZW van 12 december 2006 bevestigde het einde van het mandaat van Rik Donckels als bestuurder en benoemde Franky Depickere tot vervanger. De Raad van Bestuur benoemde Depickere daarna tot voorzitter. Tevens werd een materi\u00EBle fout in artikel 12, punt 4, van de statuten gecorrigeerd, waarin de vertegenwoordigingsregels van de vereniging waren vastgelegd.",
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}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameNL | BRS |