Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Two loss years in a row NBB
Negative result in 2021 and 2022.
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Tight liquidity NBB
Cash and receivables cover 41 % of short-term debt in 2022; threshold 65 %.
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Legal situation KBO
Opening faillissement according to the CBE.
Financials
Financial year 2022
BRUVATEX from Deerlijk, company number BE0426883538, closed financial year 2022 with a result of € -69,615 after tax. For that financial year BRUVATEX recorded a gross margin of € 1.8 million and equity of € 119,151. Compared with financial year 2021, the result moved from € -363,830 to € -69,615. The company made a loss. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 17, 2023.
€ 119,151
▼ 37% vs 2021
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -69,615
▲ 81 % less loss than in 2021
Profit after tax over the fiscal year.
€ 84,610
▲ 84% vs 2021
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -837,849.
People and assets in 2022
27
▲ 2.5 vs 2021
Average over the fiscal year, from the social balance sheet.
€ 1.3 million
▲ 22% vs 2021
€ 49,900 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 140,180
▼ 59% vs 2021
Of which on lease € 108,900.
Debts at end 2022
€ 1.6 million
▼ 3% vs 2021
€ 283,906 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 1.8 million
▲ 19% vs 2021
Supplier invoices still open on the last day of the fiscal year.
€ 302,633
▲ 1% vs 2021
Taxes, VAT and social contributions still to pay.
| 2021 | 2022 | Change 2021 → 2022 | |
|---|---|---|---|
| Gross margin | € 1,192,249 | € 1,777,909 | ▲ 49% |
| Profit after taxes | € -363,830 | € -69,615 | ▲ € 294,215 |
| Equity | € 188,767 | € 119,151 | ▼ 37% |
| Total debts | € 5,812,653 | € 6,776,521 | ▲ 17% |
| Cash | € 46,049 | € 84,610 | ▲ 84% |
| Land & buildings | € 27,001 | € 31,276 | ▲ 16% |
| Retained profit | € -768,233 | € -837,849 | ▼ € 69,615 |
| Bank debt | € 1,658,246 | € 1,607,684 | ▼ 3% |
| Balance sheet total | € 6,001,419 | € 6,895,672 | ▲ 15% |
| Employees (FTE) | 24.5 | 27 | ▲ 2.5 |
Key figures of BRUVATEX, fiscal years 2021 to 2022, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2023 has not been filed yet; it was expected before 31 July 2024.
What happened to BRUVATEX?
What happened at BRUVATEX in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
BRUVATEX is active according to the CBE. Legal situation: Opening faillissement.
- Martine Bruggeman stepped down as director. NBB
- PB International BV stepped down as director. NBB
- New annual accounts for financial year 2022: loss of € 69,615. Source: NBB ↗
- Monique Vandenbroucke stepped down as director. NBB
- Monique Vandenbroucke became a director. NBB
- Martine Bruggeman became a director. NBB
- PB International BV became a director. NBB
- New establishment in Deerlijk. KBO
In short
From € 363,830 loss in 2021 to € 69,615 loss in 2022.
Paid € 598 in corporate taxes since 2021.
On average € 65,800 of value added per employee in 2022.
Management
The stake of EURESEARCH comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
BRUVATEXThe shares are held by EURESEARCH (44.3%).
Directors
According to the 2022 annual accounts
since 2019 · until 2023
since 2019 · until 2025
Managing director · represented by Philip Bruggeman
Also active at: Cositex, WEVERIJ KONFEKTIE BRUGGEMAN, EURESEARCH
since 2019 · until 2025
Shareholders
EURESEARCH · holding of Martine Bruggeman
44.3%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Pladijsstraat 2
8540 Deerlijk
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 4 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0426.883.538
- VAT number
- BE 0426.883.538
- Registered office
- Pladijsstraat 2, 8540 Deerlijk
- Names & denominations
- BRUVATEX
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Opening faillissement
- Start date
- 27 February 1985
- Peppol
- Not registered
- Activities · NACE
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