Summary
BRABLO is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €424,961 and a net result of €60,870. Equity remains stable across the filed financial years (±0.5% per year). Its solvency ranks better than 80% of 6,680 sector peers (NACE 64, financial year 2025). The company has been active since 2009 and the Belgian Official Gazette contains no insolvency or warning signals.
Financials · financial year 2025, abbreviated format
Equity
€424,961▲ 16.7%
2024 · €364,091
Net result
€60,870
2024 · -€6,727
Total assets
€502,821▲ 10.6%
2024 · €454,710
Solvency
84.5%▲ 4.4pp
2024 · 80.1%
Trend over the years
2021 to 2025, 5 financial years 2019 to 2025, 7 financial years
The operating result returns to profit in 2025: €6,965 after a loss of €8,345 in 2024, the highest result in the available series.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result€6,965
2025
Net result€60,870
2025
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€502,821
2025
Equity€424,961
2025
Debt€77,860
2025
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital€96,860
2025
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
Return on assets (ROA)12.1%
2025
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Solvency84.5%
2025
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Current ratio2.24
2025
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 64, Financial service activities, except insurance and pension funding: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the financial year before
favourable
unfavourable
Line2019202020212022202320242025
Operating result€27,344--€482-€10,460▼ 2,068%-€19,161▼ 83.2%-€5,525▲ 71.2%-€8,345▼ 51.0%€6,965
Net result€67,597-€21below the sector's middle half▼ 100.0%€40,486within the sector's middle half▲ 1,923×-€18,065below the sector's middle half€70,272within the sector's middle half-€6,727below the sector's middle half€60,870within the sector's middle half
Equity€381,179-€360,121within the sector's middle half▼ 5.5%€382,036within the sector's middle half▲ 6.1%€363,971within the sector's middle half▼ 4.7%€434,244within the sector's middle half▲ 19.3%€364,091within the sector's middle half▼ 16.2%€424,961within the sector's middle half▲ 16.7%
Total assets€435,450-€390,808below the sector's middle half▼ 10.3%€470,121within the sector's middle half▲ 20.3%€431,931within the sector's middle half▼ 8.1%€478,318below the sector's middle half▲ 10.7%€454,710below the sector's middle half▼ 4.9%€502,821below the sector's middle half▲ 10.6%
Debt€54,271-€30,687▼ 43.5%€88,085▲ 187%€67,960▼ 22.8%€44,074▼ 35.1%€90,619▲ 106%€77,860▼ 14.1%
Working capital€56,179-€35,121within the sector's middle half▼ 37.5%€30within the sector's middle half▼ 99.9%-€4,558within the sector's middle half€79,369within the sector's middle half€22,692within the sector's middle half▼ 71.4%€96,860within the sector's middle half▲ 327%
Solvency87.5%-92.1%above the sector's middle half▲ 4.6pp81.3%above the sector's middle half▼ 10.9pp84.3%above the sector's middle half▲ 3.0pp90.8%above the sector's middle half▲ 6.5pp80.1%above the sector's middle half▼ 10.7pp84.5%above the sector's middle half▲ 4.4pp
Current ratio2.04-2.14within the sector's middle half▲ 0.111.00within the sector's middle half▼ 1.140.93within the sector's middle half▼ 0.072.81within the sector's middle half▲ 1.881.25within the sector's middle half▼ 1.562.24within the sector's middle half▲ 0.99
Return on assets (ROA)15.5%-0.0%below the sector's middle half▼ 15.5pp8.6%within the sector's middle half▲ 8.6pp-4.2%below the sector's middle half▼ 12.8pp14.7%above the sector's middle half▲ 18.9pp-1.5%below the sector's middle half▼ 16.2pp12.1%within the sector's middle half▲ 13.6pp
Staff (FTE)0within the sector's middle half
above
within
below
the middle half of NACE 64, Financial service activities, except insurance and pension funding: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the abbreviated or micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €502,821
Fixed assets
€328,101 ▼ 3.9%
Current assets
€174,720 ▲ 54.4%
Equity and liabilities €502,821
Equity
€424,961 ▲ 16.7%
Debt
€77,860 ▼ 14.1%
Debt's share of the balance-sheet total falls from 19.9% to 15.5%. Equity is higher and debt is lower.
Key figures and ratios
ROE
14.3%▲
2024 · -1.8%
Debt ≤ 1 year
€77,860▼
2024 · €90,440
Income taxes
€167▼
2024 · €180
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €2,670 | €0 | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | - | €10,375 | €13,476 | €13,476 | €13,476 | €13,476 | = |
| Other operating charges640/8 | - | - | - | €122 | €536 | €822 | €617 | ▼ 25.0% |
| Gross operating margin9900 | €27,477 | -€363 | €35 | -€5,563 | €8,487 | €5,954 | €21,058 | ▲ 254% |
| Operating profit (loss)9901 | €27,344 | -€482 | -€10,460 | -€19,161 | -€5,525 | -€8,345 | €6,965 | - |
| Financial income75/76B | - | - | - | €1,389 | €85,000 | €1,965 | €54,222 | ▲ 28× |
| Recurring financial income75 | €54,407 | €723 | €55,237 | €1,389 | €85,000 | €1,965 | €54,222 | ▲ 28× |
| Financial charges65/66B | - | - | - | €127 | €2,175 | €167 | €150 | ▼ 10.0% |
| Recurring financial charges65 | €571 | €213 | €114 | €127 | €2,175 | €167 | €150 | ▼ 10.0% |
| Profit (loss) for the period before taxes9903 | €81,180 | €27 | €44,664 | -€17,898 | €77,300 | -€6,547 | €61,037 | - |
| Income taxes67/77 | €13,582 | €6 | €4,178 | €167 | €7,027 | €180 | €167 | ▼ 7.5% |
| Profit (loss) for the period9904 | €67,597 | €21 | €40,486 | -€18,065 | €70,272 | -€6,727 | €60,870 | - |
| Profit (loss) for the period to be appropriated9905 | €67,597 | €21 | €40,486 | -€18,065 | €70,272 | -€6,727 | €60,870 | - |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €435,450 | €390,808 | €470,121 | €431,931 | €478,318 | €454,710 | €502,821 | ▲ 10.6% |
| Fixed assets21/28 | €325,000 | €325,000 | €382,006 | €368,530 | €355,053 | €341,577 | €328,101 | ▼ 3.9% |
| Tangible fixed assets22/27 | - | - | €57,006 | €43,530 | €30,053 | €16,577 | €3,101 | ▼ 81.3% |
| Furniture and vehicles24 | - | - | - | €43,530 | €30,053 | €16,577 | €3,101 | ▼ 81.3% |
| Financial fixed assets28 | €325,000 | €325,000 | €325,000 | €325,000 | €325,000 | €325,000 | €325,000 | = |
| Current assets29/58 | €110,450 | €65,808 | €88,116 | €63,402 | €123,264 | €113,133 | €174,720 | ▲ 54.4% |
| Amounts receivable within one year40/41 | €97,900 | €55,824 | €54,000 | €1,815 | €79,748 | €29,661 | €44,689 | ▲ 50.7% |
| Trade receivables40 | - | - | - | €1,815 | €14,544 | €2,559 | €31,700 | ▲ 12× |
| Other amounts receivable41 | - | - | - | - | €65,204 | €27,102 | €12,990 | ▼ 52.1% |
| Cash at bank and in hand54/58 | €12,549 | €9,984 | €33,299 | €61,300 | €43,517 | €82,256 | €129,314 | ▲ 57.2% |
| Deferred charges and accrued income490/1 | - | - | - | €287 | €0 | €1,216 | €716 | ▼ 41.1% |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €435,450 | €390,808 | €470,121 | €431,931 | €478,318 | €454,710 | €502,821 | ▲ 10.6% |
| Equity10/15 | €381,179 | €360,121 | €382,036 | €363,971 | €434,244 | €364,091 | €424,961 | ▲ 16.7% |
| Contributions10/11 | €18,600 | - | - | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €358,621 | €341,521 | €362,950 | €362,950 | €415,644 | €345,491 | €406,361 | ▲ 17.6% |
| Non-distributable reserves130/1 | - | - | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | - | - | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Distributable reserves133 | - | - | - | €361,090 | €413,784 | €343,631 | €404,501 | ▲ 17.7% |
| Profit (loss) carried forward14 | €3,958 | - | €486 | -€17,579 | €0 | €0 | €0 | - |
| Amounts payable17/49 | €54,271 | €30,687 | €88,085 | €67,960 | €44,074 | €90,619 | €77,860 | ▼ 14.1% |
| Amounts payable within one year42/48 | €54,271 | €30,687 | €88,085 | €67,960 | €43,895 | €90,440 | €77,860 | ▼ 13.9% |
| Trade debts44 | €1,377 | €562 | €563 | €122 | €132 | €141 | €144 | ▲ 2.6% |
| Suppliers440/4 | - | - | - | €122 | €132 | €141 | €144 | ▲ 2.6% |
| Taxes, remuneration and social security45 | - | - | - | €6,960 | €9,016 | €4,126 | €6,735 | ▲ 63.2% |
| Taxes450/3 | - | - | - | €6,960 | €9,016 | €4,126 | €6,735 | ▲ 63.2% |
| Other amounts payable47/48 | - | - | - | €60,878 | €34,748 | €86,173 | €70,981 | ▼ 17.6% |
| Accrued charges and deferred income492/3 | - | - | - | - | €179 | €179 | €0 | ▼ 100% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €67,597 | €21 | €40,486 | -€18,065 | €70,272 | -€6,727 | €60,870 | - |
| + Depreciation and write-downs630 | - | - | €10,375 | €13,476 | €13,476 | €13,476 | €13,476 | = |
| Operating cash flow (approximation) | €67,597 | €21 | €50,861 | -€4,589 | €83,749 | €6,749 | €74,346 | ▲ 11× |
| Investment in fixed assets (approximation) | - | €0 | -€67,380 | €0 | €0 | €0 | €0 | - |
| Change in cash | - | -€2,566 | €23,315 | €28,002 | -€17,783 | €38,739 | €47,059 | ▲ 21.5% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 15 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 30-06-2025 | abbreviated format | 26-01-2026 | 2026-00014438 |
| 30-06-2024 | abbreviated format | 18-12-2024 | 2024-00619528 |
| 30-06-2023 | abbreviated format | 14-12-2023 | 2023-00533666 |
| 30-06-2022 | micro format | 01-12-2022 | 2022-20529782 |
| 30-06-2021 | micro format | 24-01-2022 | 2022-01800362 |
| 30-06-2020 | abbreviated format | 29-01-2021 | 2021-03900593 |
| 30-06-2019 | abbreviated format | 27-01-2020 | 2020-02200473 |
| 30-06-2018 | abbreviated format | 11-01-2019 | 2019-01000076 |
| 30-06-2017 | abbreviated format | 09-01-2018 | 2018-00800144 |
| 30-06-2016 | abbreviated format | 12-01-2017 | 2017-01400015 |
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Of the 24,455 active companies whose main activity is activities of holding companies (NACE 64210), figures are known for 20,128. 13,871 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.