BRACE TRANSPORT
ActiveThe computed 12-month bankruptcy probability of BRACE TRANSPORT is 3.9% (moderate). The 2025 annual accounts show equity of €3k and a net result of €-1k. Equity is shrinking by ~4.4% per year across the filed fiscal years. Its solvency ranks better than 61% of 4488 sector peers (fiscal year 2025). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability0▼-100
Solvency95▲+13
Growth32▼-20
Stability94
Bankruptcy probability, 12 months
3.9%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity ample (current ratio 2.08 against 2.73 in 2024), but 50.4% 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.
+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 49
Relative position
BE, all sectors
reference
Sector 49
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
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
49.6%
Return on assets
-21.5%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 10-09-2026, 41 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 4 filingsDeviation from the deadline
2025
41 d late
2024
11 d late
2023
29 d late
2022
30 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
16-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€3k▼ 30.2%
2024 · €5k
2022: €5k
2023: €3k
2024: €5k
2022 → 2025
Total assets
€7k▼ 46.1%
2024 · €13k
2022: €9k
2023: €8k
2024: €13k
2022 → 2025
Net result
€-1k
2024 · €2k
2022: €5k
2023: €-2k
2024: €2k
2022 → 2025
Working capital
€3k▼ 56.2%
2024 · €8k
2022: €4k
2023: €2k
2024: €8k
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€5k-€3k▼ 35.2%€5k▲ 59.6%€3k▼ 30.2%
Operating result€7k-€655▼ 90.0%€3k▲ 417%€-716
Net result€5k-€-2k€2k€-1k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €716 after €3k in 2024, the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €7k
Fixed assets
€215▼ 33.3%
Current assets
€7k▼ 46.5%
Equity and liabilities €7k
Equity
€3k▼ 30.2%
Debt
€3k▼ 56.0%
The debt ratio falls from 61.7% to 50.4%: debt falls faster than equity shrinks.
Key figures and ratios
EBITDA
€-609▼
2024 · €4k
Cash flow
€-1k▼
2024 · €2k
Solvency
49.6%▲
2024 · 38.3%
Current ratio
2.08▼
2024 · 2.73
Quick ratio
2.08▼
2024 · 2.73
Debt / equity
1.02▼
2024 · 1.61
ROE
-43.3%▼
2024 · 37.3%
ROA
-21.5%▼
2024 · 14.3%
Interest coverage
-0.81▼
2024 · 2.60
Debt
€3k▼
2024 · €8k
Debt ≤ 1 year
€3k▼
2024 · €5k
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€13k€7k▼
Fixed assets21/28€323€215▼
Tangible fixed assets22/27€323€215▼
Plant, machinery and equipment23€323€215▼
Current assets29/58€12k€7k▼
Amounts receivable within one year40/41€8k€3k▼
Trade receivables40€5k-
Other amounts receivable41€3k€3k▼
Cash at bank and in hand54/58€4k€4k▲
Deferred charges and accrued income490/1€1k-
Equity and liabilities
Total equity and liabilities10/49€13k€7k▼
Equity10/15€5k€3k▼
Contributions10/11€3k€3k=
Profit (loss) carried forward14€2k€889▼
Amounts payable17/49€8k€3k▼
Amounts payable within one year42/48€5k€3k▼
Trade debts44€2k€12▼
Suppliers440/4€2k€12▼
Taxes, remuneration and social security45€750€1k▲
Taxes450/3€750€1k▲
Other amounts payable47/48€2k€2k▲
Accrued charges and deferred income492/3€3k€257▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€369€107▼
Other operating charges640/8€1k€1k▲
Gross operating margin9900€5k€614▼
Operating profit (loss)9901€3k€-716▼
Financial income75/76B€0€0=
Recurring financial income75€0€0=
Financial charges65/66B€1k€753▼
Recurring financial charges65€1k€753▼
Profit (loss) for the period before taxes9903€2k€-1k▼
Income taxes67/77€132-
Profit (loss) for the period9904€2k€-1k▼
Profit (loss) for the period to be appropriated9905€2k€-1k▼
Appropriation of the result
Profit (loss) to be appropriated9906€2k€889▼
Profit (loss) brought forward from the previous period14P€544€2k▲
The notes to these accounts (6 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
10-09
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 41 days late
2025
11-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 11 days late
2024
31-12
Financial
Back to profitnet €2k
Net result €2k after one loss-making year.
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 29 days late
2023
31-12
Financial
Weakest financial yearnet €-2k ▼132%
Net result drops to €-2k, the lowest in the series; recovery starts the following year.
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Machelen (Brab.) · 1 establishment unit since 2021
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Korenbloemstraat 71830 Machelen (Brab.)Ground area
511 m²
Building footprint
136 m²
Volume, LiDAR
992 m³
Parcel 23047C0162/00B005, Flanders · tallest building 11.6 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
BRACE TRANSPORT
since 20212.321.174.168
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23047C0162/00B005 | Flanders | 511 m² | 1 · 136 m² | 11.6 m · 3 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.
Recognitions · licences · registrations
Parcel delivery
Notified to the BIPT
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MRS LOGISTIC
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HOEL TRANSPORTS
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KTMD
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Of 12,603 companies in sector 49410 we hold annual accounts for 8,196. 2,154 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded30-07-2021
Fiscal year end31-12
Activities, NACEBEL
49410Freight transport by road
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:bracuku@hotmail.com