BRUSSELS SERVICES COMPANY

Active

Private limited companyfounded 201115 yrs activeLandbouwstraat 65, 1030 Schaarbeek, BelgiumKBO/BCE: BE 0834.693.611

Summary

The computed 12-month bankruptcy probability of BRUSSELS SERVICES COMPANY is 5.1% (elevated). The annual accounts of BRUSSELS SERVICES COMPANY for fiscal year 2025 show a net loss of 68% of the equity at the start of that year. The 2025 annual accounts show equity of €36k and a net result of €-78k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 30% of 478 sector peers (fiscal year 2025). The company has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals.

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Checked score

Score 2025

31 / 100

Weak

The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2024

Profitability0▼-86

Solvency38▼-14

Growth52▼-26

Track record100

Bankruptcy probability, 12 months

5.1% Elevated

0%0.5%1.5%4%10%≥ 25%

Credit up to €1k at 30 days 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 tight (current ratio 1.05 against 1.28 in 2024; short-term debt: 81.1% and cash: 35.8% of total assets), and 87.4% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 53

Relative position

BE, all sectors

reference

Sector 53

higher

← fewer bankruptcies more bankruptcies →

Higher-failure-rate region

In this region companies fail more often than in the rest of the country.

KBO · registered office

Multiple establishment units

Several establishment units mean more fixed costs, and such companies fail more often than a company with one establishment.

KBO · establishment units

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

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 2025

Solvency, return and age of the figures

Solvency

12.6%

Return on assets

-27.1%

Age of the figures

9 mo

Filed after the deadline

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 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 · 10 filings

Deviation from the deadline

2025

28 d late

2024

28 d late

2023

31 d late

2022

22 d late

2021

16 d late

2020

31 d late

2019

31 d late

← before the deadline after the deadline →

Checked, nothing found (2)

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 months

Position in the running window

24-09-2026 today31-12-2026 close31-07-2027 deadline

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 2025, micro schema

Turnover

Not included in this filing

EBIT margin

Not included in this filing

Net result

€-78k

2024 · €59k

2018: €-4k 2019: €8k 2020: €6k 2021: €-2k 2022: €4k 2023: €38k 2024: €59k

2018 → 2025

Working capital

€12k▼ 84.4%

2024 · €75k

2018: €-9k 2019: €-856 2020: €4k 2021: €-2k 2022: €-4k 2023: €30k 2024: €75k

2018 → 2025

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20212022202320242025Trend

Equity€13k-€17k▲ 34.7%€55k▲ 227%€114k▲ 107%€36k▼ 68.2%

Operating result€985-€6k▲ 488%€46k▲ 692%€83k▲ 80.0%€-70k

Net result€-2k-€4k€38k▲ 782%€59k▲ 53.7%€-78k

Result per fiscal year

Operating resultNet result

The operating result turns negative in 2025: a loss of €70k after €83k in 2024, the lowest result in the available series.

Balance-sheet composition

2025 in colour, 2024 as the grey bar beneath

Assets €287k

14.8%

85.2%

Fixed assets €42k ▼ 39.7%

Current assets €244k ▼ 29.1%

Equity and liabilities €287k

12.6%

87.4%

Equity €36k ▼ 68.2%

Debt €250k ▼ 16.8%

Debt's share of the balance-sheet total rises from 72.5% to 87.4%. Equity and debt are lower.

Key figures and ratios

2025 value · change against 2024

EBITDA

€-40k▼

2024 · €105k

Cash flow

€-48k▼

2024 · €82k

Current ratio

1.05▼

2024 · 1.28

Debt to equity

6.91▲

2024 · 2.64

ROE

-214.6%▼

2024 · 51.6%

ROA

-27.1%▼

2024 · 14.2%

Interest coverage

-17.54▼

2024 · 52.00

Debt ≤ 1 year

€233k▼

2024 · €269k

Debt > 1 year

€18k▼

2024 · €32k

Income taxes

€6k▼

2024 · €22k

Staff costs

€195k▲

2024 · €169k

Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Filed annual accounts As filed with the NBB · 2025 against 2024 · 43 lines

Balance sheet Code20242025

Assets

Total assets20/58€415k€287k▼

Fixed assets21/28€70k€42k▼

Tangible fixed assets22/27€70k€42k▼

Plant, machinery and equipment23€816€2k▲

Furniture and vehicles24€47k€32k▼

Leasing and similar rights25€22k€8k▼

Financial fixed assets28€120€120=

Current assets29/58€345k€244k▼

Amounts receivable within one year40/41€171k€142k▼

Trade receivables40€171k€142k▼

Other amounts receivable41€37€25▼

Cash at bank and in hand54/58€173k€103k▼

Equity and liabilities

Total equity and liabilities10/49€415k€287k▼

Equity10/15€114k€36k▼

Contributions10/11€14k€14k=

Profit (loss) carried forward14€99k€22k▼

Amounts payable17/49€301k€250k▼

Amounts payable after more than one year17€32k€18k▼

Financial debts170/4€32k€18k▼

Amounts payable within one year42/48€269k€233k▼

Current portion of amounts payable after more than one year42€21k€14k▼

Financial debts43-€12

Credit institutions430/8-€12

Trade debts44€238k€213k▼

Suppliers440/4€238k€213k▼

Taxes, remuneration and social security45€9k€5k▼

Taxes450/3€8k€5k▼

Remuneration and social security454/9€1k-

Other amounts payable47/48€1€618▲

Income statement Code20242025

Remuneration, social security and pensions62€169k€195k▲

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€23k€30k▲

Other operating charges640/8€855€1k▲

Gross operating margin9900€275k€156k▼

Operating profit (loss)9901€83k€-70k▼

Financial charges65/66B€2k€2k▲

Recurring financial charges65€2k€2k▲

Profit (loss) for the period before taxes9903€81k€-72k▼

Income taxes67/77€22k€6k▼

Profit (loss) for the period9904€59k€-78k▼

Profit (loss) for the period to be appropriated9905€59k€-78k▼

Appropriation of the result

Profit (loss) to be appropriated9906€99k€22k▼

Profit (loss) brought forward from the previous period14P€41k€99k▲

Social balance

Average headcount (FTE)90874.5-

The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Download as CSV

Timeline · acts, filings and financial milestones

All 15Financial 5Filings 10

Next filing, fiscal year 2026, expected by 31-07-2027

2026

28-08

NBB filing Annual accounts filed

fiscal year 2025 · micro schema · 28 days late

2025

31-12

Financial Weakest financial yearnet €-78k ▼232%

Net result drops to €-78k, the lowest in the series.

28-08

NBB filing Annual accounts filed

fiscal year 2024 · full schema · 28 days late

2024

31-12

Financial Highest result since 2018net €59k ▲53.7%

Operating result €83k, net result €59k, both a record.

31-12

Financial Equity above €100kEq €114k ▲107%

3 profitable years in a row build equity to €114k.

31-08

NBB filing Annual accounts filed

fiscal year 2023 · micro schema · 31 days late

2023

22-08

NBB filing Annual accounts filed

fiscal year 2022 · micro schema · 22 days late

2022

31-12

Financial Back to profitnet €4k

Net result €4k after one loss-making year.

16-08

NBB filing Annual accounts filed

fiscal year 2021 · micro schema · 16 days late

2021

31-08

NBB filing Annual accounts filed

fiscal year 2020 · micro schema · 31 days late

2020

31-08

NBB filing Annual accounts filed

fiscal year 2019 · micro schema · 31 days late

2019

31-12

Financial Back to profitnet €8k

Net result €8k after one loss-making year.

Show earlier events

29-08

NBB filing Annual accounts filed

fiscal year 2018 · micro schema · 29 days late

2018

29-08

NBB filing Annual accounts filed

fiscal year 2017 · micro schema · 29 days late

2017

25-08

NBB filing Annual accounts filed

fiscal year 2016 · micro schema · 25 days late

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

2 acts for this company are 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, Schaarbeek · 2 establishment units since 2011

establishment approximate All 2 establishment units 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.

Landbouwstraat 651030 Schaarbeek

Ground area

363 m²

Building footprint

87 m²

Volume, LiDAR

1,069 m³

2 parcels, Brussels, Wallonia · tallest building 15.2 m, ±4 floors. Linked by address, not a title deed.

2 establishment units

BRUSSELS SERVICES COMPANY

Landbouwstraat 65, 1030 SchaarbeekOther postal and courier activities

since 20112.197.321.303

BRUSSELS SERVICES COMPANY

Rue des Verreries 29, 7170 ManageOther postal and courier activities

since 20182.310.226.828

2 parcels

Wallonia 1 (50%) Brussels 1 (50%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
52043F0168/05R002	Wallonia	272 m²	1 · 2 m²	2.8 m · 1 fl.
21902A0222/00A004	Brussels	91 m²	1 · 84 m²	15.2 m · 4 fl.

Linked by address, not proof of ownership

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.

Recognitions · licences · registrations

Parcel delivery

Notified to the BIPT

since 01-05-2024

Similar companies · same sector, comparable size

Antwerpen · Eq €36,125

TD Trading

BE 0763.589.146

Lievegem · Eq €36,489

Roeselare · Eq €36,563

Of 4,915 companies in sector 53200 we hold annual accounts for 1,329. 1,114 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company

Founded21-03-2011

Fiscal year end31-12

Activities, NACEBEL 2025

53200Other postal and courier activities

Sources

Crossroads Bank for EnterprisesNational Bank · 14 filingsAddress and cadastre registers

Scores and ratios are computed by Checked and are not a credit decision.