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 3 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 11 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
35 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
B&R Development from Arendonk, company number BE0479139319, closed financial year 2025 with a result of € -838,234 after tax. For that financial year B&R Development recorded a gross margin of € 98,530 and equity of € -1.3 million. Compared with financial year 2024, the result moved from € -663,358 to € -838,234. The company made a loss. 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 13, 2026.
€ -1.3 million
▼ € 838,234 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -838,234
▼ 26 % more loss than in 2024
Profit after tax over the fiscal year.
€ 30,936
▼ 11% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -2.2 million.
People and assets in 2025
6.2
▼ 2.1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 599,627
▼ 19% vs 2024
€ 96,700 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.
Debts at end 2025
€ 2.1 million
Loans from banks and other lenders, long and short.
€ 313,110
▼ 42% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 65,065
▼ 20% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -5,015 | € 2,125,470 | € 701,598 | € 98,530 | ▼ 86% |
| Profit after taxes | € -956,898 | € 953,517 | € -663,358 | € -838,234 | ▼ € 174,876 |
| Equity | € -733,024 | € 220,492 | € -442,866 | € -1,281,100 | ▼ € 838,234 |
| Total debts | € 7,856,371 | € 7,242,492 | € 8,087,079 | € 8,370,432 | ▲ 4% |
| Cash | € 25,433 | € 15,321 | € 34,632 | € 30,936 | ▼ 11% |
| Retained profit | € -1,608,024 | € -654,508 | € -1,317,866 | € -2,156,100 | ▼ € 838,234 |
| Bank debt | € 2,100,000 | € 2,100,000 | € 2,100,000 | € 2,100,000 | |
| Balance sheet total | € 7,123,346 | € 7,462,984 | € 7,644,213 | € 7,089,332 | ▼ 7% |
| Employees (FTE) | 8.4 | 7.4 | 8.3 | 6.2 | ▼ 2.1 |
Key figures of B&R Development, 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 B&R Development?
What happened at B&R Development in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 838,234. Source: NBB ↗
- Vistalago BV became a director. NBB
- B & R NV became a director. NBB
- New establishment in Arendonk. KBO
- Start of the company according to the CBE. KBO
In short
From € 956,898 loss in 2022 to € 838,234 loss in 2025.
Paid € 250,027 in corporate taxes since 2022.
Best year ever: 2023, with € 953,517 profit.
On average € 15,900 of value added per employee in 2025.
Management
The stake of B & R comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
B&R DevelopmentBehind B&R Development are B & R NV and Vistalago BV. The shares are held by B & R (100%). It owns 33.2% of Vastgoed EM NV, 33% of Immo Arcadia BV, 33% of CSA BV, 33% of Vastgoed GH BV, 33% of IB Vastgoed Wemmel BV and 30% of Atlas Life itself.
Directors
According to the 2025 annual accounts
Director · represented by Filip Van Camfort
Also active at: BOUWBEDRIJF EMILE ROMBAUT, HOOYBERGHS, BOUWONDERNEMING CHRISTIAENS, Verheyen Betonprodukten, VAN DE CRAEN, BREBUILD ALGEMEEN BOUWBEDRIJF, Vastgoed EM, ALCOPRO +34 more
since 2023
since 2026
Shareholders
100%
Participations
33.2%
33%
33%
33%
30%
Establishments
Establishment units
Physical locations of this company
Hoge Mauw 1510
2370 Arendonk
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 35 companies are registered at this address.
All companies at this address →HOOYBERGHS same network
€ 105 million revenue · 2025
Verheyen Betonprodukten same network
€ -74,953 gross margin · 2025
VAN DE CRAEN same network
€ 1.5 million gross margin · 2025
Vastgoed EM same network
€ 516,267 gross margin · 2025
B & R same network
€ 15.6 million revenue · 2025
+30 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0479.139.319
- VAT number
- BE 0479.139.319
- Registered office
- Hoge Mauw 1510, 2370 Arendonk
- Names & denominations
- B&R Development
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 24 December 2002
- Peppol
- Active · Active since 16 Nov 2025
- Activities · NACE
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