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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Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 5 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
BRAINSTORM PROJECTS from Stekene, company number BE0475379875, closed financial year 2025 with a result of € 5,760 after tax. For that financial year BRAINSTORM PROJECTS recorded a gross margin of € 10,099 and equity of € -19,888. Compared with financial year 2024, the result moved from € -4,488 to € 5,760. Profitable, and profit is growing. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 4, 2026.
€ -19,888
▲ € 5,760 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 5,760
▲ still € 4,488 loss in 2024
Profit after tax over the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € -26,085.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 678
▼ 25% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 10,922
▼ 24% vs 2024
Loans from banks and other lenders, long and short.
€ 909
▲ € 884 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 14,116
▼ 16% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -6,973 | € 12,667 | € -1,824 | € 10,099 | ▲ € 11,923 |
| Profit after taxes | € -10,759 | € 11,028 | € -4,488 | € 5,760 | ▲ € 10,248 |
| Equity | € -28,686 | € -21,159 | € -25,647 | € -19,888 | ▲ € 5,760 |
| Total debts | € 33,000 | € 30,077 | € 36,448 | € 27,022 | ▼ 26% |
| Land & buildings | - | - | € 4,520 | € 3,464 | ▼ 23% |
| Retained profit | € -34,884 | € -27,356 | € -31,844 | € -26,085 | ▲ € 5,760 |
| Dividend | € 0 | € 3,500 | € 0 | € 0 | |
| Bank debt | € 28,574 | € 22,800 | € 14,380 | € 10,922 | ▼ 24% |
| Balance sheet total | € 4,313 | € 8,918 | € 10,801 | € 7,134 | ▼ 34% |
Key figures of BRAINSTORM PROJECTS, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to BRAINSTORM PROJECTS?
What happened at BRAINSTORM PROJECTS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 5,760. Source: NBB ↗
- New establishment in Stekene. KBO
- George Arrendell became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 10,759 loss in 2022 to € 5,760 profit in 2025.
Best year ever: 2023, with € 11,028 profit.
Paid out € 3,500 in dividends to the owners in total.
Management
Behind BRAINSTORM PROJECTS is George Arrendell.
Directors
According to the 2025 annual accounts
George Arrendell
Director
since 2001
Establishments
Establishment units
Physical locations of this company
Riet(STE) 45
9190 Stekene
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0475.379.875
- VAT number
- BE 0475.379.875
- Registered office
- Riet(STE) 45, 9190 Stekene
- Names & denominations
- BRAINSTORM PROJECTS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 25 July 2001
- Peppol
- Active · Active since 23 Apr 2025
- Activities · NACE
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