BRUNATES
ActiveThe computed 12-month bankruptcy probability of BRUNATES is 3.2% (moderate). The annual accounts of BRUNATES for fiscal year 2025 show a net loss of 84% of the equity at the start of that year. The 2025 annual accounts show equity of €799 and a net result of €-4k. Its solvency ranks better than 10% of 27450 sector peers (fiscal year 2025). The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
34
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability10▼-71
Solvency26▼-24
Growth32
Track record82
Bankruptcy probability, 12 months
3.2%
Moderate
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity short (current ratio 0.54 against 1.01 in 2024; short-term debt: 45.5% and cash: 14.1% of total assets), and 98.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
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 2025Solvency, return and age of the figures
Solvency
1.4%
Return on assets
-7.2%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 10% of 27450 sector peers (2025).
NBB · sector comparisonPosition among 27450 sector peers
Solvency
better than 10%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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 · 2 filingsDeviation from the deadline
2025
31 d late
2024
28 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
16-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€799▼ 83.9%
2024 · €5k
2024: €5k
2024 → 2025
Total assets
€58k▲ 195%
2024 · €20k
2024: €20k
2024 → 2025
Net result
€-4k
2024 · €2k
2024: €2k
2024 → 2025
Working capital
€-12k
2024 · €156
2024: €156
2024 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20242025Trend
Equity€5k-€799▼ 83.9%
Operating result€3k-€-4k
Net result€2k-€-4k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €4k after €3k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €55k
Fixed assets
€41k▲ 1,958%
Current assets
€14k▼ 3.4%
Equity and liabilities €58k
Equity
€799▼ 83.9%
Debt
€57k▲ 290%
The debt ratio rises from 74.6% to 98.6%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-1k▼
2024 · €3k
Cash flow
€-1k▼
2024 · €2k
Solvency
1.4%▼
2024 · 25.4%
Current ratio
0.54▼
2024 · 1.01
Quick ratio
0.43▼
2024 · 1.01
ROA
-7.2%▼
2024 · 10.1%
Interest coverage
-3.92▼
2024 · 90.69
Debt
€57k▲
2024 · €15k
Debt ≤ 1 year
€26k▲
2024 · €15k
Debt > 1 year
€31k
Income taxes
€12▼
2024 · €546
Equity ratios withheld: equity of €799 is too small for a meaningful ratio.
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€20k€58k▲
Formation expenses20€3k€2k▼
Fixed assets21/28€2k€41k▲
Tangible fixed assets22/27€2k€41k▲
Plant, machinery and equipment23€2k€3k▲
Furniture and vehicles24-€478
Leasing and similar rights25-€38k
Current assets29/58€15k€14k▼
Stocks and contracts in progress3-€3k
Stocks30/36-€3k
Amounts receivable within one year40/41€10k€740▼
Trade receivables40€7k€0▼
Other amounts receivable41€3k€740▼
Cash at bank and in hand54/58€4k€8k▲
Deferred charges and accrued income490/1-€2k
Equity and liabilities
Total equity and liabilities10/49€20k€58k▲
Equity10/15€5k€799▼
Contributions10/11€3k€3k=
Reserves13€2k€2k=
Distributable reserves133€2k€2k=
Profit (loss) carried forward14-€-4k
Amounts payable17/49€15k€57k▲
Amounts payable after more than one year17-€31k
Financial debts170/4-€31k
Amounts payable within one year42/48€15k€26k▲
Current portion of amounts payable after more than one year42-€7k
Trade debts44€2k€4k▲
Suppliers440/4€2k€4k▲
Advances received on contracts in progress46€3k€0▼
Taxes, remuneration and social security45€546€12▼
Taxes450/3€546€12▼
Other amounts payable47/48€9k€15k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€487€3k▲
Other operating charges640/8-€371
Gross operating margin9900€3k€-679▼
Operating profit (loss)9901€3k€-4k▼
Financial charges65/66B€33€268▲
Recurring financial charges65€33€268▲
Profit (loss) for the period before taxes9903€3k€-4k▼
Income taxes67/77€546€12▼
Profit (loss) for the period9904€2k€-4k▼
Profit (loss) for the period to be appropriated9905€2k€-4k▼
Appropriation of the result
Profit (loss) to be appropriated9906€2k€-4k▼
Transfer to equity691/2€2k€0▼
To other reserves6921€2k€0▼
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
28-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 28 days late
NBB filing
Directors · office · real estate
Directors
1 act for this company is in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Izegem · 1 establishment unit since 2024
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.
Anne Frankstraat 108870 IzegemGround area
398 m²
Building footprint
110 m²
Volume, LiDAR
841 m³
Parcel 36492A0438/00V006, Flanders · tallest building 11.2 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
BRUNATES
since 20242.363.022.344
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 36492A0438/00V006 | Flanders | 398 m² | 1 · 110 m² | 11.2 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.
Public money · subsidies and aid
Flemish government
2024 to 2025 · 2 entries · 200 EUR awarded · 200 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 77 EUR | 77 EUR |
| 2024 | 1 | 123 EUR | 123 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 20,031 companies in sector 43320 we hold annual accounts for 9,133. 652 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded23-05-2024
Fiscal year end31-12
Activities, NACEBEL
43320Joinery installation
85510Sports and recreation education
Sources
Crossroads Bank for EnterprisesNational Bank · 2 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.