BRACBORCH
ActiveSummary
BRACBORCH has been active since 1998 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €859,724 and a net result of €126,120. Equity remains stable across the filed fiscal years (±2.3% per year). Its solvency ranks better than 50% of 16718 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is < 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability73▼-12
Solvency88▲+3
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
< 0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €70,000 at 30 days acceptable
Liquidity ample (current ratio 2.72 against 2.49 in 2024; short-term debt: 36.5% and cash: 26% of total assets), and 36.5% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 86
Relative position
BE, all sectors
reference
Human health activities (NACE 86)
about 87% fewer bankruptcies
← 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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
63.5%
Return on assets
9.3%
Age of the figures
9 mo
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €859,724
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 24-07-2026, 7 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
7 d early
2024
7 d early
2023
23 d early
2022
14 d early
2021
6 d early
2020
22 d early
2019
3 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 12 days before the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% of the sector filed late.
Checked, nothing found (2)
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
27-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
In the rankings
#2 oldest company in Beerse, Health and social work sector#5 company by equity in Beerse, Health and social work sector#8 company by total assets in Beerse, Health and social work sector
Equity
€859,724▲ 17.2%
2024 · €733,605
Total assets
€1.4m▲ 11.3%
2024 · €1.2m
Net result
€126,120▼ 21.5%
2024 · €160,749
Working capital
€850,396▲ 18.2%
2024 · €719,442
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€223,709▼ 4.1%€145,260▼ 35.1%€191,119▲ 31.6%€244,519▲ 27.9%€169,217▼ 30.8%
Net result€79,598▼ 36.6%€44,468▼ 44.1%€74,124▲ 66.7%€160,749▲ 117%€126,120▼ 21.5%
Equity€725,786▼ 6.1%€729,368▲ 0.5%€727,607▼ 0.2%€733,605▲ 0.8%€859,724▲ 17.2%
Total assets€896,982▲ 9.7%€945,056▲ 5.4%€1.0m▲ 8.8%€1.2m▲ 18.3%€1.4m▲ 11.3%
Debt€171,196▲ 281%€215,689▲ 26.0%€300,899▲ 39.5%€482,669▲ 60.4%€494,537▲ 2.5%
Working capital€714,005▼ 5.4%€706,966▼ 1.0%€709,161▲ 0.3%€719,442▲ 1.4%€850,396▲ 18.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 31% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.4m
Fixed assets
€9,328 ▼ 34.1%
Current assets
€1.3m ▲ 11.9%
Equity and liabilities €1.4m
Equity
€859,724 ▲ 17.2%
Debt
€494,537 ▲ 2.5%
Debt's share of the balance-sheet total falls from 39.7% to 36.5%. Equity and debt are higher.
Key figures and ratios
EBITDA
€175,548▼
2024 · €251,942
Cash flow
€132,451▼
2024 · €168,172
Current ratio
2.72▲
2024 · 2.49
Debt to equity
0.58▼
2024 · 0.66
ROE
14.7%▼
2024 · 21.9%
ROA
9.3%▼
2024 · 13.2%
Interest coverage
5.11▼
2024 · 6.86
Debt ≤ 1 year
€494,537▲
2024 · €482,669
Income taxes
€47,838▼
2024 · €67,511
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 20,082 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 95% are still going.
- Small
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.2%
went bankrupt
4.7%
stopped otherwise
95%
still going
For this company itself Checked computes a bankruptcy probability of < 0.1% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 20,082 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €12,000 | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €8,016 | €5,914 | €9,221 | €7,423 | €6,332 | ▼ 14.7% |
| Other operating charges640/8 | €1,692 | €4,228 | €1,398 | €3,094 | €2,582 | ▼ 16.5% |
| Gross operating margin9900 | €233,417 | €155,402 | €201,738 | €255,036 | €178,130 | ▼ 30.2% |
| Operating profit (loss)9901 | €223,709 | €145,260 | €191,119 | €244,519 | €169,217 | ▼ 30.8% |
| Financial income75/76B | €1,027 | €3,316 | €7,968 | €20,459 | €39,104 | ▲ 91.1% |
| Recurring financial income75 | €1,027 | €3,316 | €7,968 | €20,459 | €39,104 | ▲ 91.1% |
| Financial charges65/66B | €110,390 | €85,755 | €96,115 | €36,719 | €34,364 | ▼ 6.4% |
| Recurring financial charges65 | €110,390 | €85,755 | €96,115 | €36,719 | €34,364 | ▼ 6.4% |
| Profit (loss) for the period before taxes9903 | €114,346 | €62,821 | €102,972 | €228,259 | €173,957 | ▼ 23.8% |
| Income taxes67/77 | €34,748 | €18,353 | €28,848 | €67,511 | €47,838 | ▼ 29.1% |
| Profit (loss) for the period9904 | €79,598 | €44,468 | €74,124 | €160,749 | €126,120 | ▼ 21.5% |
| Profit (loss) for the period to be appropriated9905 | €79,598 | €44,468 | €74,124 | €160,749 | €126,120 | ▼ 21.5% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €896,982 | €945,056 | €1.0m | €1.2m | €1.4m | ▲ 11.3% |
| Fixed assets21/28 | €11,781 | €22,401 | €18,446 | €14,162 | €9,328 | ▼ 34.1% |
| Tangible fixed assets22/27 | €11,731 | €22,401 | €18,446 | €14,162 | €9,328 | ▼ 34.1% |
| Plant, machinery and equipment23 | - | - | - | €2,695 | €2,067 | ▼ 23.3% |
| Furniture and vehicles24 | €11,731 | €20,406 | €16,871 | €10,312 | €6,526 | ▼ 36.7% |
| Other tangible fixed assets26 | - | €1,995 | €1,575 | €1,155 | €735 | ▼ 36.4% |
| Financial fixed assets28 | €50 | - | - | - | - | - |
| Current assets29/58 | €885,201 | €922,655 | €1.0m | €1.2m | €1.3m | ▲ 11.9% |
| Amounts receivable within one year40/41 | €74,116 | €83,059 | €144,610 | €80,712 | €35,453 | ▼ 56.1% |
| Trade receivables40 | €38,561 | €60,682 | €69,004 | €27,483 | €24,064 | ▼ 12.4% |
| Other amounts receivable41 | €35,555 | €22,377 | €75,606 | €53,229 | €11,389 | ▼ 78.6% |
| Current investments50/53 | €201,493 | €439,728 | €650,463 | €807,316 | €957,802 | ▲ 18.6% |
| Cash at bank and in hand54/58 | €609,592 | €399,868 | €214,987 | €314,083 | €351,677 | ▲ 12.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €896,982 | €945,056 | €1.0m | €1.2m | €1.4m | ▲ 11.3% |
| Equity10/15 | €725,786 | €729,368 | €727,607 | €733,605 | €859,724 | ▲ 17.2% |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €707,186 | €710,768 | €709,007 | €715,005 | €841,124 | ▲ 17.6% |
| Non-distributable reserves130/1 | €8,901 | - | - | - | - | - |
| Reserves not available under the articles1311 | €8,901 | - | - | - | - | - |
| Distributable reserves133 | €698,285 | €710,768 | €709,007 | €715,005 | €841,124 | ▲ 17.6% |
| Profit (loss) carried forward14 | - | - | - | €0 | €0 | - |
| Amounts payable17/49 | €171,196 | €215,689 | €300,899 | €482,669 | €494,537 | ▲ 2.5% |
| Amounts payable within one year42/48 | €171,196 | €215,689 | €300,899 | €482,669 | €494,537 | ▲ 2.5% |
| Trade debts44 | €3,100 | €3,391 | €1,466 | €1,535 | €185 | ▼ 87.9% |
| Suppliers440/4 | €3,100 | €3,391 | €1,466 | €1,535 | €185 | ▼ 87.9% |
| Taxes, remuneration and social security45 | €2,599 | €3,361 | €5,941 | €18,597 | €12,238 | ▼ 34.2% |
| Taxes450/3 | €2,599 | €3,361 | €5,941 | €18,597 | €12,238 | ▼ 34.2% |
| Other amounts payable47/48 | €165,497 | €208,937 | €293,491 | €462,537 | €482,114 | ▲ 4.2% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €79,598 | €44,468 | €74,124 | €160,749 | €126,120 | ▼ 21.5% |
| + Depreciation and write-downs630 | €8,016 | €5,914 | €9,221 | €7,423 | €6,332 | ▼ 14.7% |
| Operating cash flow (approximation) | €87,614 | €50,382 | €83,345 | €168,172 | €132,451 | ▼ 21.2% |
| Investment in fixed assets (approximation) | - | -€16,534 | -€5,266 | -€3,139 | -€1,498 | ▲ 52.3% |
| Change in cash | - | -€209,724 | -€184,881 | €99,097 | €37,594 | ▼ 62.1% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
24-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
24-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2018net €160,749 ▲117%
Net result €160,749, the highest in the series.
08-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
17-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet €44,468 ▼44.1%
Net result drops to €44,468, the lowest in the series; recovery starts the following year.
25-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
09-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
28-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
19-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
24-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
26-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
4 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, Beerse · 1 establishment unit since 2002
Ground area
1,900 m²
Building footprint
218 m²
Volume, LiDAR
3,226 m³
Parcel 13004E0001/00S068, Flanders · tallest building 21.6 m, ±5 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
Bracborch BV
since 20022.391.165.509
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13004E0001/00S068 | Flanders | 1,900 m² | 1 · 218 m² | 21.6 m · 5 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Legal Entity Identifier
549300Z52JXTNQB2DX88
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Of 16,631 companies in sector 86220 we hold annual accounts for 7,983. 5,947 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded02-12-1998
Fiscal year end31-12
Activities, NACEBEL 2025
86220Specialist medical practice
E-invoicing
Reachable via Peppol
Peppol ID
0208:0464717496
Also
9925:BE0464717496
Registered
14-12-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.