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 1 of the last 3 fiscal years.
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Two loss years in a row NBB
Negative result in 2023 and 2024.
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Tight liquidity NBB
Cash and receivables cover 29 % of short-term debt in 2024; threshold 65 %.
Financials
Financial year 2024
BRUNIC RESOURCES from Merelbeke-Melle, company number BE0837097627, closed financial year 2024 with a result of € -763,284 after tax. For that financial year BRUNIC RESOURCES recorded a gross margin of € 1.6 million and equity of € -119,267. Compared with financial year 2023, the result moved from € -338,502 to € -763,284. 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 September 25, 2025.
€ -119,267
▼ € 621,384 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -763,284
▼ 125 % more loss than in 2023
Profit after tax over the fiscal year.
€ 99,344
▼ 20% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -980,167.
People and assets in 2024
26.6
▲ 2.3 vs 2023
Average over the fiscal year, from the social balance sheet.
€ 1.7 million
▲ 17% vs 2023
€ 64,300 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.
€ 303,634
▲ 30% vs 2023
Of which on lease € 244,700.
Debts at end 2024
€ 5.3 million
▲ 3% vs 2023
€ 289,375 is repaid this year. At this pace the long-term loan is gone in ≈ 17 years.
€ 226,391
▼ 48% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 149,369
▲ 79% vs 2023
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|
| Gross margin | € 1,719,145 | € 1,688,407 | € 1,603,195 | ▼ 5% |
| Profit after taxes | € 103,598 | € -338,502 | € -763,284 | ▼ € 424,782 |
| Equity | € 840,619 | € 502,117 | € -119,267 | ▼ € 621,384 |
| Total debts | € 5,934,848 | € 5,912,642 | € 6,828,363 | ▲ 15% |
| Cash | € 80,400 | € 124,045 | € 99,344 | ▼ 20% |
| Land & buildings | € 3,450,632 | € 3,349,214 | € 3,302,864 | ▼ 1% |
| Retained profit | € 121,619 | € -216,883 | € -980,167 | ▼ € 763,284 |
| Bank debt | € 5,244,124 | € 5,100,295 | € 5,270,465 | ▲ 3% |
| Balance sheet total | € 6,775,467 | € 6,414,759 | € 6,709,096 | ▲ 5% |
| Employees (FTE) | 21.4 | 24.3 | 26.6 | ▲ 2.3 |
Key figures of BRUNIC RESOURCES, fiscal years 2022 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to BRUNIC RESOURCES?
What happened at BRUNIC RESOURCES in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: loss of € 763,284. filed late Source: NBB ↗
- New establishment in Merelbeke-Melle. KBO
- Start of the company according to the CBE. KBO
In short
From € 103,598 profit in 2022 to € 763,284 loss in 2024.
Paid € 2,291 in corporate taxes since 2022.
Best year ever: 2022, with € 103,598 profit.
On average € 60,300 of value added per employee in 2024.
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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 BRUNIC RESOURCES is Nicolas De Brabandere. It owns 100% of Hogerhuis Interior, 99.3% of Alegria, 50% of House of Window and 40% of The Timber Factory (in vereffening) itself.
Directors
According to the 2024 annual accounts
Nicolas De Brabandere
Director
Also active at: ALEGRIA, Hogerhuis Interior, THE TIMBER FACTORY, House of Window
Establishments
Establishment units
Physical locations of this company
Nijverheidsweg 18
9820 Merelbeke-Melle
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
- 0837.097.627
- VAT number
- BE 0837.097.627
- Registered office
- Nijverheidsweg 18, 9820 Merelbeke-Melle
- Names & denominations
- BRUNIC RESOURCES
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 16 June 2011
- Peppol
- Active · Active since 27 Mar 2026
- Activities · NACE
Schrijnwerk
Landschapsverzorging
Activiteiten van stedebouwkundige en tuin- en landschapsarchitecten
Overige zakelijke dienstverlening, neg