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Complete company report
Generated 19-08-2026
Active BE 0442.012.568Private limited company

BRUGGEMAN-MAES

Ellermanstraat 14 ·2060 Antwerpen, Belgium· 35 yrs active
Sector: Bouw van rioleringen (42212)
Conclusion Checked

The computed 12-month bankruptcy probability of BRUGGEMAN-MAES is 0.6% (low). The 2024 annual accounts show equity of €2.84M and a net result of €605k. Equity is growing by ~37.9% per year across the filed fiscal years. Its solvency ranks better than 72% of 40 sector peers (fiscal year 2024). The company has been active since 1990 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 7 annual accounts.
Key figures
Equity €2.84M
Net result €605k
Staff (FTE) 29.9
Better than sector 72%
Financial profile 5 of 5 axes measured · computed by Checked
Health97Profitability66Solvency67Growth78Stability100
82 / 100

Exceptional profile, strong across almost every axis.

All 5 axes are computed from data Checked has read.

Health 97
Profitability 66
Solvency 67
Growth 78
Stability 100
Bankruptcy probability (12 mo) Checked model v1 · free
0.6% Low
0%0,5%1,5%4%10%≥25%
Long track record −Multiple establishment units +Higher-failure-rate sector +

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Risk Assessment rule-based
0 / 100
Low risk
Trust signals 2 signals
Long-established
Founded in 1990, 35 years in business.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.
Administrative Flags0 events
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Health barometer FY 2024 · computed
97 / 100 Excellent
050100
Computed from 6 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.

See plans →
Computed by Checked from the NBB filing for FY 2024. Indicative, not credit advice.
Financial overview10 NBB filings
Annual accounts filed on 26-08-2025 with the NBB · fiscal year 2024 · volledig
€0€5.00M€10.00M€15.00MOperating result 2020: €318k€318kNet result 2020: €223k€223kOperating result 2021: €749k€749kNet result 2021: €544k€544kOperating result 2022: €786k€786kNet result 2022: €571k€571kOperating result 2023: €802k€802kNet result 2023: €482k€482kRevenue 2024: €13.44M€13.44MOperating result 2024: €943k€943kNet result 2024: €605k€605k20202021202220232024
RevenueOperating resultNet result
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
growing Equity: growth of ~37.9%/year over 7 fiscal years, indicative, assuming unchanged policy.
€0€2.00M€4.00M€6.00M€8.00M2025: €3.97M (€3.74M - €4.19M)2026: €5.47M (€5.24M - €5.70M)2027: €7.54M (€7.31M - €7.77M)2018: €418k2019: €570k2020: €789k2021: €1.33M2022: €1.75M2023: €2.24M2024: €2.84M2018201920202021202220232024202520262027
Solid line = filed figures · dashed = extended trend · area = indicative range.
How do we compute this?

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).

Sector comparison
Fiscal year 2024 · NACE 42 · compared within the same schema type (full schema)
Metric This company Sector median Position in the sector
Solvency 36.0% 27.6%
better than 72% of 40 sector peers
Net result €605k €57k
better than 84% of 40 sector peers
Equity €2.84M €455k
better than 70% of 40 sector peers
Total assets €7.88M €2.87M
better than 64% of 40 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
Revenue
€13.44M
- 18-24
EBITDA
€1.35M
+34.1% 18-24
Net profit
€605k
+25.5% 18-24
Cash flow
€1.01M
+47.6% 18-24
Total assets
€7.88M
+0.5% 18-24
Equity
€2.84M
+27.1% 18-24
Working capital
€1.94M
+1.0% 18-24
Employees (FTE)
30
+34.1% 18-24
Show 15 other metrics
Staff costs
€1.88M
+35.0% 18-24
Income taxes
€215k
-9.3% 18-24
Dividends
€150k
-0.1% 18-24
Debt
€5.04M
-10.1% 18-24
Debt ≤ 1y
€4.13M
-19.9% 18-24
Debt > 1y
€910k
+102.2% 18-24
Current ratio
1.47
+7.1% 18-24
Quick ratio
1.19
-7.9% 18-24
Solvency
36.0%
+26.4% 18-24
Debt / equity
1.77
-29.2% 18-24
ROE
21.3%
-1.2% 18-24
ROA
7.7%
+24.9% 18-24
Net margin
4.5%
- 18-24
EBITDA margin
10.0%
- 18-24
Interest coverage
12.24
+9.8% 18-24
Figures by fiscal year
Fiscal year2024
Depositvolledig
Revenue€13.44M
EBITDA€1.35M
Net profit€605k
Cash flow€1.01M
Staff costs€1.88M
Income taxes€215k
Dividends-
Total assets€7.88M
Equity€2.84M
Debt€5.04M
of which ≤ 1y€4.13M
of which > 1y€910k
Working capital€1.94M
Employees (FTE)29.9
Ratios (computed)
2024
Current ratio1.47
Quick ratio1.19
Working capital ratio24.7%
Solvency36.0%
Debt / equity1.77
Long-term debt ratio0.32
Interest coverage12.24
Gross margin36.4%
Net margin4.5%
ROA7.7%
ROE21.3%
EBITDA margin10.0%
Days sales outstanding100d
Days payable outstanding115d
Inventory turnover7.32
Days inventory (DSI)50d
Balance-sheet composition 2024
Full annual accounts (24 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2024
Balance sheet, Assets
TOTAL ASSETS 20/58€7.88M
Fixed assets 21/28€1.81M
Tangible fixed assets 22/27€1.53M
Financial fixed assets 28€282k
Current assets 29/58€6.07M
Stocks & contracts in progress 3€1.17M
Amounts receivable within one year 40/41€4.11M
Cash & bank 54/58€530k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€7.88M
Equity 10/15€2.84M
Contributions / capital 10/11€105k
Reserves 13€2.73M
Amounts payable 17/49€5.04M
Amounts payable after one year 17€910k
Amounts payable within one year 42/48€4.13M
Trade debts payable within one year 44€2.68M
Income statement
Turnover 70€13.44M
Operating result 9901€943k
Financial income 75€2k
Financial charges 65€110k
Result before taxes 9903€819k
Income taxes 67/77€215k
Net result for the period 9904€605k
Result to be appropriated 9905€605k
This table shows the latest fiscal year. 4 prior years, with figures and ratios, belong to a paid plan. See plans →
Ratios computed by Checked.
Legal Structure
NACE primary Bouw van rioleringen(42212)
Legal form Private limited company(610)
Incorporation23-11-1990
StatusActive
Postal code2060
Establishment units 2 locations
Ellermanstraat 14, 2060 Antwerpen
Bouw van speel- en sportterreinen, zwembaden, enz
since 20022.050.555.353
Satenrozen
Satenrozen 24, 2550 KontichBouw van autowegen en andere wegen
since 20252.385.446.368
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Real-estate footprint Source: CBE × cadastre

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.

Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
11024G0272/00A000 Flanders 8,156 m² 1 · 1,180 m² 7.5 m · 2 fl.
11807G1307/00X005 Flanders 155 m² 1 · 138 m² 56.5 m · 7 fl.
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Updates 11 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2025
26-08-2025
NBB filing Annual accounts filed
fiscal year 2024 · volledig
19-05-2025
State Gazette act Director changes
2024
30-08-2024
NBB filing Annual accounts filed
fiscal year 2023 · verkort
2023
01-09-2023
NBB filing Annual accounts filed
fiscal year 2022 · verkort
2022
09-06-2022
NBB filing Annual accounts filed
fiscal year 2021 · verkort
2021
02-07-2021
NBB filing Annual accounts filed
fiscal year 2020 · verkort
2020
13-07-2020
NBB filing Annual accounts filed
fiscal year 2019 · verkort
2019
13-08-2019
NBB filing Annual accounts filed
fiscal year 2018 · verkort
2018
25-06-2018
NBB filing Annual accounts filed
fiscal year 2017 · verkort
2017
17-05-2017
NBB filing Annual accounts filed
fiscal year 2016 · verkort
2016
18-07-2016
NBB filing Annual accounts filed
fiscal year 2015 · verkort
Belgian State Gazette reading coverage 0 of 10 acts read

We know of 10 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Belgisch Staatsblad, acts 1 acts
All acts · 1 updated 1 year ago
2025
19-05-2025 6 directors appointed Director changes
  • VAN HAVERMAET BEDRIJFSREVISOREN, Commissaris
  • Amerik JANSEN, Vaste vertegenwoordiger
  • Kathleen SELLESLAGH
  • Inge MARQUENIE
  • Neelke DE VRIENDT
  • Thibaut BERCKX
Technical details 
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Credit advice verdict per customer and amount

May this customer buy amount X on invoice? Enter the amount and the payment term. This page computes a GREEN, AMBER or RED verdict from them, with a suggested ceiling and concrete conditions.

Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.
Company registry (CBE) Crossroads Bank
Activities
Diensten in verband met de landbouw; aanleg en onderhoud van tuinen en parken01410Bouw van rioleringen42212Landschapsverzorging81300
Primary activity highlighted.
Names & trade names
Legal nameNL BRUGGEMAN-MAES
Registered office
Ellermanstraat 14
2060 Antwerpen, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
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Source: Belgian State Gazette, CBE, NBB · generated via checked.be · indicative