Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 3 of the last 4 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 19 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
BRUERE from Etterbeek, company number BE0536948151, closed financial year 2025 with a result of € 181,726 after tax. For that financial year BRUERE recorded a gross margin of € 1.3 million and equity of € -16,308. Compared with financial year 2024, the result moved from € -123,385 to € 181,726. 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 June 30, 2026.
€ -16,308
▲ € 119,726 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 181,726
▲ still € 123,385 loss in 2024
Profit after tax over the fiscal year.
€ 85,924
▼ 2% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 62,000 paid out
34 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
19.6
▲ 1.2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 849,244
▲ 5% vs 2024
€ 43,300 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.
€ 49,801
▼ 27% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 907,850
▼ 13% vs 2024
€ 174,501 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 713,382
▼ 20% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 60,115
▼ 2% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 799,292 | € 399,859 | € 983,132 | € 1,301,737 | ▲ 32% |
| Profit after taxes | € -15 | € -354,306 | € -123,385 | € 181,726 | ▲ € 305,111 |
| Equity | € 341,658 | € -12,648 | € -136,033 | € -16,308 | ▲ € 119,726 |
| Total debts | € 544,502 | € 2,192,784 | € 2,000,587 | € 1,743,347 | ▼ 13% |
| Cash | € 440,284 | € 130,361 | € 87,783 | € 85,924 | ▼ 2% |
| Land & buildings | € 5,881 | € 282,321 | € 237,968 | € 195,821 | ▼ 18% |
| Retained profit | € 261,658 | € -92,648 | € -216,033 | € -96,308 | ▲ € 119,726 |
| Dividend | € 17,143 | € 0 | € 0 | € 62,000 | |
| Bank debt | € 11,635 | € 1,140,042 | € 1,048,886 | € 907,850 | ▼ 13% |
| Balance sheet total | € 886,160 | € 2,180,135 | € 1,864,554 | € 1,727,039 | ▼ 7% |
| Employees (FTE) | 16.6 | 14.2 | 18.4 | 19.6 | ▲ 1.2 |
Key figures of BRUERE, 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 BRUERE?
What happened at BRUERE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 181,726. Source: NBB ↗
- New establishment in Etterbeek. KBO
- Start of the company according to the CBE. KBO
In short
From € 15 loss in 2022 to € 181,726 profit in 2025.
Paid € 5,947 in corporate taxes since 2022.
Best year ever: 2025, with € 181,726 profit.
On average € 66,400 of value added per employee in 2025.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind BRUERE are Oleg KANTARDJIAN and Benoit DAVREUX. The same people are also behind Shop Frais, BOUCHERIE TRAITEUR DU BEAU SITE and GROUPE DAVREUX - GARCIA. Benoit DAVREUX is also behind BelQuantos.
Directors
According to the 2025 annual accounts
Oleg KANTARDJIAN
Director
Also active at: Shop Frais, BOUCHERIE TRAITEUR DU BEAU SITE, GROUPE DAVREUX - GARCIA
Benoit DAVREUX
Director
Also active at: Shop Frais, BOUCHERIE TRAITEUR DU BEAU SITE, GROUPE DAVREUX - GARCIA, BelQuantos
Establishments
Establishment units
Physical locations of this company
Eskadronstraat 45
1040 Etterbeek
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0536.948.151
- VAT number
- BE 0536.948.151
- Registered office
- Eskadronstraat 45, 1040 Etterbeek
- Names & denominations
- BRUERE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 25 July 2013
- Peppol
- Active · Active since 22 Dec 2025
- Activities · NACE
Niet-gespecialiseerde detailhandel waarbij voedings- en genotmiddelen overheersen
Detailhandel in niet-gespecialiseerde winkels waarbij voedings- en genotmiddelen overheersen (verkoopsoppervlakte tussen 400 m² en minder dan 2500 m²)