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Brussels Shipping

Active
Public limited companyfounded 2002active for 24 yearsLeopold Luypaertstraat 303, 1850 Grimbergen, BelgiumKBO/BCE: BE 0476.964.836
Summary

Brussels Shipping has been active since 2002 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €29,866 and a net result of -€2,138. Equity has been stable since 2018 (±1.1% per year). Its solvency ranks better than 37% of 11,235 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

Overview

Official details

Source: KBO
Status
Active since 26-02-2002 Normal situation
Activity
Development of residential building projects NACE 68121and 5 others
Establishment unit
2.138.995.203 1850 Grimbergen, since 05-11-2002
Financial year end
31 December
Peppol
Not found in the Peppol Directory

Board and ownership

Board
Shareholders
  • Prinvest - B· score 642025 annual accounts of Prinvest - B

Financial position

81 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.4%
Annual accounts 2025
Gross margin
-€1,077
▲ 62.4%
Loss
€2,138
▼ 46.3%
Equity
€29,866
▼ 6.7%
Total assets
€166,059
▼ 14.0%
Turnover not published (abbreviated or micro format)
Filed on 29-07-2026, 2 days before the deadline
Score breakdownraises riskLiquidity: current ratio 0.90lowers riskSize: total assets €166,059Founded in 2002Legal form: public limited companyShow the evidence

Checked score

Score 2025
81 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 28% of micro companies in real estate (NACE 68)
Financial strength · tick: 2024
Weak
Solvency 43+1
equity 18.0% of total assets
Liquidity 10+2
short-term debt 82.0%
Profitability 34+2
return on assets -1.3%
Bankruptcy probability within 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%

About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (26,625 companies, NACE 68, micro)
Last 24 months 12-2024: 0.4% 01-2025: 0.4%● unchanged vs 12-2024 02-2025: 0.4%● unchanged vs 01-2025 03-2025: 0.4%● unchanged vs 02-2025 04-2025: 0.4%● unchanged vs 03-2025 05-2025: 0.4%● unchanged vs 04-2025 06-2025: 0.4%● unchanged vs 05-2025 07-2025: 0.6%▲ +0.2 percentage points vs 06-2025 08-2025: 0.9%▲ +0.3 percentage points vs 07-2025highest value 09-2025: 0.4%▼ -0.5 percentage points vs 08-2025 10-2025: 0.4%● unchanged vs 09-2025 11-2025: 0.4%● unchanged vs 10-2025 12-2025: 0.4%● unchanged vs 11-2025 01-2026: 0.4%● unchanged vs 12-2025 02-2026: 0.4%● unchanged vs 01-2026 03-2026: 0.4%● unchanged vs 02-2026 04-2026: 0.4%● unchanged vs 03-2026 05-2026: 0.4%● unchanged vs 04-2026 06-2026: 0.4%● unchanged vs 05-2026 07-2026: 0.4%● unchanged vs 06-2026 08-2026: 0.4%● unchanged vs 07-2026lowest value 09-2026: 0.4%● unchanged vs 08-2026lowest value 10-2026: 0.4%● unchanged vs 09-2026lowest value 11-2026: 0.4%● unchanged vs 10-2026lowest value
Credit of up to €2,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.9 (0.76 in 2024), below 1. Short-term debt is 82% of total assets. 82% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 68, micro). It does better than 38% of them on solvency, 11% on liquidity, 30% on profitability and 32% on growth.

The bankruptcy probability was computed on 01-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
lowers riskraises riskneutral
raises risk · Liquidity: current ratio 0.90
NBB · annual accounts
lowers risk · Size: total assets €166,059
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Founded in 2002
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Legal form: public limited company
KBO
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025
Net result per financial year
1819202122232425
2018 to 2025 · latest year -€2,138
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-07-2026, 2 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
2 days early
2024
12 days late
2023
6 days late
2022
21 days late
2021
4 days late
2020
23 days late
2019
24 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 13 days after the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 7 August (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
02-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Risk: 3 loss-making years in a rowloss in financial year 2025 -€2,138 View

Recent changes

  1. · Gazette deed Reappointments: DE PRINS Eric (director) and DE PRINS Olivier (director)
  2. · Gazette deed Incorporation
All 14 events

Comparable companies

These companies have the same main activity as Brussels Shipping: development of residential building projects (NACE 68121). They are comparable in size and age: total assets between €157,000 and €185,000, founded between 2000 and 2005.

CompanyTotal assetsGross margin
Brussels Shipping Grimbergen€166,059-€1,077
LANICO Geetbets€182,391-€9,668
LPC+ Hamont-Achel€161,909-€34,763
BONA FIDES Le Roeulx€169,743-€27,135
Construction Design & Engineering Brecht€157,921-€3,949
KATTENDIJKDOK Antwerpen€156,838-€10,291
HUB600 Gent€185,053-€8,794
Full comparison

Key facts about Brussels Shipping

What is the company number of Brussels Shipping?
The company number of Brussels Shipping is 0476.964.836. The VAT number is the same number with BE in front: BE 0476.964.836.
Where is Brussels Shipping based?
The registered office is at Leopold Luypaertstraat 303, 1850 Grimbergen.Company details
What does Brussels Shipping do?
According to the KBO register, the main activity is development of residential building projects (NACE 68121).
What is the legal form of Brussels Shipping?
The legal form of Brussels Shipping is Public limited company (NV).
When was Brussels Shipping founded?
Brussels Shipping was founded on 26-02-2002.
Is Brussels Shipping still active?
Yes, Brussels Shipping is an active enterprise in the KBO register.
What is the turnover of Brussels Shipping?
The annual accounts for financial year 2025 state no turnover. The abbreviated or micro format does not require it.Financials
Is Brussels Shipping profitable?
In financial year 2025, Brussels Shipping made a loss of €2,138.
Where can I find the annual accounts of Brussels Shipping?
Brussels Shipping filed 23 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Brussels Shipping due?
Brussels Shipping must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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