BRAAST
ActiveBRAAST has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €53k and a net result of €-10k. Equity is shrinking by ~10.6% per year across the filed fiscal years. Its solvency ranks better than 42% of 10242 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
68
/ 100
Healthy▼ -31 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability33▼-67
Solvency70▲+3
Growth38▼-2
Stability100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4k at 30 days acceptable
Liquidity ample (current ratio 2.33 against 2.02 in 2024), but 69.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
30.7%
Return on assets
-5.6%
Age of the figures
8 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-07-2026, 3 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
3 d early
2024
38 d early
2023
2 d early
2022
14 d early
2021
27 d early
2020
9 d early
2019
31 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
15-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
€148k▼ 18.8%
2024 · €183k
2020: €258k
2021: €274k
2022: €380k
2023: €332k
2024: €183k
2020 → 2025
EBIT margin
-3.2%▼ 31.5pp
2024 · 28.3%
2020: -2.2%
2021: -2.1%
2022: 10.8%
2023: -21.2%
2024: 28.3%
2020 → 2025
Net result
€-10k
2024 · €44k
2018: €-17k
2019: €995
2020: €-10k
2021: €-10k
2022: €34k
2023: €-79k
2024: €44k
2018 → 2025
Working capital
€57k▲ 28.6%
2024 · €44k
2018: €81k
2019: €75k
2020: €84k
2021: €86k
2022: €121k
2023: €-16k
2024: €44k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€274k-€380k▲ 39.1%€332k▼ 12.8%€183k▼ 45.0%€148k▼ 18.8%
Equity€133k-€166k▲ 25.5%€19k▼ 88.8%€62k▲ 236%€53k▼ 15.5%
Operating result€-6k-€41k€-70k€52k€-5k
Net result€-10k-€34k€-79k€44k€-10k
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €5k after €52k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €172k
Fixed assets
€72k▼ 44.5%
Current assets
€100k▲ 14.0%
Equity and liabilities €172k
Equity
€53k▼ 15.5%
Debt
€119k▼ 23.0%
The debt ratio falls from 71.3% to 69.3%: debt falls faster than equity shrinks.
Key figures and ratios
EBITDA
€53k▼
2024 · €103k
Cash flow
€48k▼
2024 · €95k
Solvency
30.7%▲
2024 · 28.7%
Current ratio
2.33▲
2024 · 2.02
Quick ratio
2.33▲
2024 · 2.02
Debt / equity
2.26▼
2024 · 2.48
ROE
-18.3%▼
2024 · 70.2%
ROA
-5.6%▼
2024 · 20.2%
Interest coverage
10.89▼
2024 · 13.41
Debt
€119k▼
2024 · €155k
Debt ≤ 1 year
€43k▼
2024 · €44k
Debt > 1 year
€76k▼
2024 · €112k
Staff costs
€82▼
2024 · €11k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€218k€172k▼
Fixed assets21/28€130k€72k▼
Tangible fixed assets22/27€130k€72k▼
Land and buildings22€45k€14k▼
Plant, machinery and equipment23€16k€8k▼
Furniture and vehicles24€68k€50k▼
Current assets29/58€88k€100k▲
Amounts receivable within one year40/41€51k€26k▼
Trade receivables40€21k€1k▼
Other amounts receivable41€30k€25k▼
Cash at bank and in hand54/58€37k€74k▲
Equity and liabilities
Total equity and liabilities10/49€218k€172k▼
Equity10/15€62k€53k▼
Contributions10/11€50k€50k=
Reserves13€85k€85k=
Non-distributable reserves130/1€5k€5k=
Reserves not available under the articles1311€5k€5k=
Distributable reserves133€80k€80k=
Profit (loss) carried forward14€-72k€-82k▼
Amounts payable17/49€155k€119k▼
Amounts payable after more than one year17€112k€76k▼
Financial debts170/4€112k€76k▼
Amounts payable within one year42/48€44k€43k▼
Current portion of amounts payable after more than one year42€35k€35k▲
Trade debts44€5k€2k▼
Suppliers440/4€5k€2k▼
Taxes, remuneration and social security45€4k€6k▲
Taxes450/3€4k€6k▲
Income statement
Code20242025
Turnover70€183k€148k▼
Goods, raw materials, services and sundry goods60/61€66k€85k▲
Remuneration, social security and pensions62€11k€82▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€51k€58k▲
Other operating charges640/8€35k€21k▼
Gross operating margin9900€148k€74k▼
Operating profit (loss)9901€52k€-5k▼
Financial income75/76B€0€0▼
Recurring financial income75€0€0▼
Financial charges65/66B€8k€5k▼
Recurring financial charges65€8k€5k▼
Profit (loss) for the period before taxes9903€44k€-10k▼
Income taxes67/77€111-
Profit (loss) for the period9904€44k€-10k▼
Profit (loss) for the period to be appropriated9905€44k€-10k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-72k€-82k▼
Profit (loss) brought forward from the previous period14P€-116k€-72k▲
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
28-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
23-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €44k
Net result €44k after one loss-making year.
31-12
Financial
Liquidity triplescurrent ratio 2.02
Current ratio from 0.75 to 2.02; short-term debt falls from €62k to €44k.
29-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €-79k ▼334%
Net result drops to €-79k, the lowest in the series; recovery starts the following year.
17-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €34k
Net result €34k after 2 loss-making years.
31-12
Financial
Equity above €150kEq €166k ▲25.5%
Equity rises from €133k to €166k.
04-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
22-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 31 days late
2019
31-12
Financial
Back to profitnet €995
Net result €995 after one loss-making year.
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 30 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Anzegem · 1 establishment unit since 2008
Ground area
1,461 m²
Building footprint
201 m²
Volume, LiDAR
1,015 m³
Parcel 34002F1074/00E000, Flanders · tallest building 7.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Braast BVBA
since 20082.174.747.918
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34002F1074/00E000 | Flanders | 1,461 m² | 1 · 201 m² | 7.9 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
REVE D'UN JOUR
BE 0478.754.188
Manage · Eq €53k
Teamshop89 Antwerp
BE 0803.524.145
Zandhoven · Eq €53k
SAMANN
BE 0733.544.979
Tessenderlo-Ham · Eq €53k
SIGI Associés
BE 0700.851.823
Liège · Eq €53k
Studio Fishbone
BE 0751.604.795
Antwerpen · Eq €53k
Of 2,200 companies in sector 47711 we hold annual accounts for 889. 689 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded04-11-2008
Fiscal year end31-12
Activities, NACEBEL
47711Retail sale of women's outerwear
47716Retail sale of clothing and accessories for women, men, children and babies (general range)
62020IT consultancy
62200Computer consultancy and computer facilities management
Sources
Crossroads Bank for EnterprisesNational Bank · 17 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.