BRACK
ActiveSummary
BRACK has been active since 1992 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €360,342 and a net result of €24,784. Equity has been growing by about 11% per year since 2018. Its solvency ranks better than 91% of 12,777 sector peers (NACE 47, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 04-09-1992 Normal situation
- Activity
- Retail sale of information and communication equipment NACE 47400and 1 other
- Establishment unit
- 2.059.129.262 5570 Beauraing, since 09-10-1992
- Financial year end
- 31 December
- Peppol
- Reachable
Board and ownership
Board
- BRACK AlainChair
- NAISSE BéatriceManaging director
- NAISSE BénédicteDirector · since 05-10-2011
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.3%
Annual accounts 2025
- Gross margin
- €122,846
- ▲ 18.4%
- Turnover
- ≈ €700,000
- estimated
- Profit
- €24,784
- ▲ 210%
- Equity
- €360,342
- ▼ 17.8%
- Total assets
- €438,136
- ▼ 27.4%
- Employees on 31-12-2025
- 3
- =
- 2025 accounts filed 92 days after the deadline
Score breakdownraises riskCapped at 59: a confirmed filing findingLast filed accounts filed 92 days late; 3 of the last 3 accounts late1 change of registered office in 24 monthslowers riskLiquidity: current ratio 5.59, cash €256,874Equity €360,342 (82.2% of total assets)Show the evidence
Checked score
Score 2025
57
/ 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 68% of micro companies in retail trade (NACE 47)
A confirmed filing finding caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick: 2024
Strong
Solvency
100+2
equity 82.2% of total assets
Liquidity
96+6
short-term debt 17.0% · cash 58.6%
Profitability
76+17
return on assets 5.7%
Bankruptcy probability within 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.3%
01-2025: 0.3%● unchanged vs 12-2024
02-2025: 0.3%● unchanged vs 01-2025
03-2025: 0.3%● unchanged vs 02-2025
04-2025: 0.3%● unchanged vs 03-2025
05-2025: 0.3%● unchanged vs 04-2025
06-2025: 0.3%● unchanged vs 05-2025
07-2025: 0.3%● unchanged vs 06-2025
08-2025: 0.5%▲ +0.2 percentage points vs 07-2025
09-2025: 0.6%▲ +0.1 percentage points vs 08-2025
10-2025: 0.1%▼ -0.5 percentage points vs 09-2025
11-2025: 0.1%● unchanged vs 10-2025
12-2025: 0.1%● unchanged vs 11-2025
01-2026: 0.1%● unchanged vs 12-2025
02-2026: 0.1%● unchanged vs 01-2026
03-2026: 0.1%● unchanged vs 02-2026
04-2026: 0.1%● unchanged vs 03-2026
05-2026: 0.1%● unchanged vs 04-2026
06-2026: 0.1%● unchanged vs 05-2026lowest value
07-2026: 0.1%● unchanged vs 06-2026
08-2026: 0.5%▲ +0.4 percentage points vs 07-2026
09-2026: 0.7%▲ +0.2 percentage points vs 08-2026
10-2026: 1.2%▲ +0.5 percentage points vs 09-2026highest value
11-2026: 0.3%▼ -0.9 percentage points vs 10-2026
Credit of up to €20,000 on 30-day terms, only on tighter conditions: the latest accounts were filed more than 90 days after the deadline
Liquidity is ample, with a current ratio of 5.59 (3.71 in 2024), above the usual 1.5. Short-term debt is 17% and cash 58.6% of total assets. 17.8% of the assets are financed with debt and provisions.
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 47, micro). It does better than 92% of them on solvency, 95% on liquidity, 63% on profitability and 21% on growth.
The bankruptcy probability was computed on 02-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises risk
raises risk · 2025 accounts filed 92 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-10-2026, 92 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers.
NBB · 10 filingsDeviation from the deadline
2025
92 days late
2024
61 days late
2023
71 days late
2022
109 days late
2021
59 days late
2020
166 days late
2019
91 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 93 days after the deadline. In the sector (NACE 47), the median for financial year 2024 was on the deadline day, and 47% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 11 October (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
03-11-2026 today31-12-2026 year end31-07-2027 deadline
Financials
Financials · financial year 2025, abbreviated format
2025 annual accounts filed 92 days after the deadline Filed on 31 October 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00597697.
Annual accounts 2025 filed on 31-10-2026 at the NBB all 33 filings
Turnover
≈ €700,000
Estimated: probably between €440,000 and €1.3m
EBIT margin
Not included in this filing
Net result
€24,784▲ 210%
2024 · €8,001
Working capital
€342,078▼ 18.3%
2024 · €418,878
Multi-year overview
2018 to 2025, 8 financial yearsOperating result
€39,038
▲ 152%
2025
20182025
Net result
€24,784
▲ 210%
2025
middle half of the sector
20182025
Equity
€360,342
▼ 17.8%
2025
middle half of the sector
20182025
Total assets
€438,136
▼ 27.4%
2025
middle half of the sector
20182025
Debt
€77,794
▼ 52.9%
2025
20182025
Working capital
€342,078
▼ 18.3%
2025
middle half of the sector
20182025
Solvency
82.2%
▲ 9.6pp
2025
highest quarter of the sector
20182025
Current ratio
5.59
▲ 1.88
2025
highest quarter of the sector
20182025
Return on assets (ROA)
5.7%
▲ 4.3pp
2025
middle half of the sector
20182025
Staff (FTE)
3
=
2025
middle half of the sector
20182025
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022202320242025
Operating result€36,141-€44,289▲ 22.5%€44,430▲ 0.3%€37,396▼ 15.8%€33,790▼ 9.6%€277,453▲ 721%€15,473▼ 94.4%€39,038▲ 152%
Net result€19,533-€25,747▲ 31.8%€30,186within the sector's middle half▲ 17.2%€28,780within the sector's middle half▼ 4.7%€23,538above the sector's middle half▼ 18.2%€187,156above the sector's middle half▲ 695%€8,001within the sector's middle half▼ 95.7%€24,784within the sector's middle half▲ 210%
Equity€224,930-€250,677▲ 11.4%€280,863within the sector's middle half▲ 12.0%€309,643within the sector's middle half▲ 10.2%€288,182above the sector's middle half▼ 6.9%€430,338above the sector's middle half▲ 49.3%€438,338above the sector's middle half▲ 1.9%€360,342within the sector's middle half▼ 17.8%
Total assets€420,420-€418,189▼ 0.5%€416,642within the sector's middle half▼ 0.4%€403,699within the sector's middle half▼ 3.1%€392,301above the sector's middle half▼ 2.8%€619,290above the sector's middle half▲ 57.9%€603,535above the sector's middle half▼ 2.5%€438,136within the sector's middle half▼ 27.4%
Debt€195,490-€167,512▼ 14.3%€135,779▼ 18.9%€94,055▼ 30.7%€104,119▲ 10.7%€188,952▲ 81.5%€165,197▼ 12.6%€77,794▼ 52.9%
Working capital€106,581-€143,553▲ 34.7%€191,016within the sector's middle half▲ 33.1%€241,910within the sector's middle half▲ 26.6%€235,152above the sector's middle half▼ 2.8%€409,118above the sector's middle half▲ 74.0%€418,878above the sector's middle half▲ 2.4%€342,078within the sector's middle half▼ 18.3%
Solvency53.5%-59.9%▲ 6.4pp67.4%above the sector's middle half▲ 7.5pp76.7%above the sector's middle half▲ 9.3pp73.5%above the sector's middle half▼ 3.2pp69.5%above the sector's middle half▼ 4.0pp72.6%above the sector's middle half▲ 3.1pp82.2%above the sector's middle half▲ 9.6pp
Current ratio1.55-1.95▲ 0.412.52above the sector's middle half▲ 0.563.64above the sector's middle half▲ 1.123.26above the sector's middle half▼ 0.383.40above the sector's middle half▲ 0.143.71above the sector's middle half▲ 0.325.59above the sector's middle half▲ 1.88
Return on assets (ROA)4.6%-6.2%▲ 1.5pp7.2%within the sector's middle half▲ 1.1pp7.1%within the sector's middle half▼ 0.1pp6.0%within the sector's middle half▼ 1.1pp30.2%above the sector's middle half▲ 24.2pp1.3%within the sector's middle half▼ 28.9pp5.7%within the sector's middle half▲ 4.3pp
Staff (FTE)1.9-1.9=1.9below the sector's middle half=1.9below the sector's middle half=3.6▲ 89.5%3▼ 16.7%3=3within the sector's middle half=
above
within
below
The sector band is the middle half of the companies in Retail trade (NACE 47). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
The operating result for 2025 is 152% higher than in 2024. It is a recovery after the fall in 2024.
The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €438,136
Fixed assets
€21,534 ▼ 29.0%
Current assets
€416,602 ▼ 27.3%
Equity and liabilities €438,136
Equity
€360,342 ▼ 17.8%
Debt
€77,794 ▼ 52.9%
Debt's share of the balance-sheet total falls from 27.4% to 17.8%. Equity and debt are lower.
Key figures and ratios
EBITDA
€47,844▲
2024 · €24,514
Cash flow
€33,590▲
2024 · €17,042
Quick ratio
4.01▲
2024 · 2.89
Debt to equity
0.22▼
2024 · 0.38
ROE
6.9%▲
2024 · 1.8%
Interest coverage
9.22▲
2024 · 4.58
Debt ≤ 1 year
€74,524▼
2024 · €154,317
Debt > 1 year
€3,271▼
2024 · €10,880
Income taxes
€14,245▲
2024 · €4,399
Staff costs
€68,060▼
2024 · €73,693
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Staff
| Item | 31-12-2021 | 31-12-2022 | 31-12-2023 | 31-12-2024 | 31-12-2025 |
|---|---|---|---|---|---|
| Employees at the balance-sheet date | 4 | 3 | 3 | 3 | 3 |
| part-time | 4 | 3 | 3 | 3 | 3 |
| in full-time equivalents | 2.4 | 1.9 | 1.9 | 1.8 | 1.8 |
| Average over the year, in full-time equivalents | 1.9 | 2.2 | 1.9 | 1.8 | 1.8 |
| On a permanent contract | 3 | 3 | 3 | 3 | 3 |
| Joined | 1 | 0 | - | - | - |
| Left | 0 | 1 | - | - | - |
Source: social balance sheet in the 2021 to 2025 annual accounts
Investments
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | - | - | €26,537 | - | - |
| Depreciation and write-downs of the year | €29,489 | €17,189 | €14,444 | €9,042 | €8,806 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | €48,322 | €66,353 | €75,395 | €73,693 | €68,060 | ▼ 7.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €34,660 | €25,078 | €25,045 | €29,489 | €17,189 | €14,444 | €9,042 | €8,806 | ▼ 2.6% |
| Other operating charges640/8 | - | - | - | €8,324 | €7,164 | €7,544 | €5,532 | €6,943 | ▲ 25.5% |
| Non-recurring operating charges66A | - | - | - | - | - | €405 | €46 | - | - |
| Gross operating margin9900 | €150,725 | €140,638 | €121,371 | €123,530 | €124,496 | €375,240 | €103,786 | €122,846 | ▲ 18.4% |
| Operating profit (loss)9901 | €36,141 | €44,289 | €44,430 | €37,396 | €33,790 | €277,453 | €15,473 | €39,038 | ▲ 152% |
| Financial income75/76B | - | - | - | €4,373 | €3,408 | €2,727 | €2,283 | €5,180 | ▲ 127% |
| Recurring financial income75 | €3,809 | €4,551 | €4,579 | €4,373 | €3,408 | €2,727 | €2,283 | €5,180 | ▲ 127% |
| Financial charges65/66B | - | - | - | €2,301 | €3,161 | €5,013 | €5,356 | €5,189 | ▼ 3.1% |
| Recurring financial charges65 | €10,401 | €13,567 | €7,892 | €2,301 | €3,161 | €5,013 | €5,356 | €5,189 | ▼ 3.1% |
| Profit (loss) for the period before taxes9903 | €29,548 | €35,274 | €41,117 | €39,468 | €34,038 | €275,166 | €12,399 | €39,029 | ▲ 215% |
| Income taxes67/77 | €10,015 | €9,527 | €10,931 | €10,687 | €10,499 | €88,010 | €4,399 | €14,245 | ▲ 224% |
| Profit (loss) for the period9904 | €19,533 | €25,747 | €30,186 | €28,780 | €23,538 | €187,156 | €8,001 | €24,784 | ▲ 210% |
| Profit (loss) for the period to be appropriated9905 | €19,533 | €25,747 | €30,186 | €28,780 | €23,538 | €187,156 | €8,001 | €24,784 | ▲ 210% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €420,420 | €418,189 | €416,642 | €403,699 | €392,301 | €619,290 | €603,535 | €438,136 | ▼ 27.4% |
| Fixed assets21/28 | €118,471 | €124,247 | €99,707 | €70,219 | €53,030 | €39,382 | €30,340 | €21,534 | ▼ 29.0% |
| Tangible fixed assets22/27 | €112,234 | €118,510 | €93,970 | €64,482 | €47,293 | €33,644 | €24,603 | €15,797 | ▼ 35.8% |
| Land and buildings22 | - | - | - | €50,927 | €40,546 | €10,486 | €6,853 | €3,413 | ▼ 50.2% |
| Furniture and vehicles24 | - | - | - | €13,555 | €6,747 | €23,158 | €17,750 | €12,384 | ▼ 30.2% |
| Financial fixed assets28 | €6,237 | €5,737 | €5,737 | €5,737 | €5,737 | €5,737 | €5,737 | €5,737 | = |
| Current assets29/58 | €301,949 | €293,943 | €316,935 | €333,480 | €339,271 | €579,908 | €573,196 | €416,602 | ▼ 27.3% |
| Stocks and contracts in progress3 | €151,673 | €135,541 | €112,600 | €113,706 | €130,036 | €135,089 | €127,388 | €117,398 | ▼ 7.8% |
| Stocks30/36 | - | - | - | €113,706 | €130,036 | €135,089 | €127,388 | €117,398 | ▼ 7.8% |
| Amounts receivable within one year40/41 | €146,244 | €158,402 | €173,118 | €168,079 | €140,275 | €412,320 | €114,231 | €42,330 | ▼ 62.9% |
| Trade receivables40 | - | - | - | €16,522 | €19,275 | €317,818 | €13,960 | €8,557 | ▼ 38.7% |
| Other amounts receivable41 | - | - | - | €151,557 | €121,000 | €94,502 | €100,271 | €33,773 | ▼ 66.3% |
| Cash at bank and in hand54/58 | €4,032 | - | €30,740 | €51,677 | €65,533 | €29,772 | €329,531 | €256,874 | ▼ 22.0% |
| Deferred charges and accrued income490/1 | - | - | - | €18 | €3,426 | €2,727 | €2,045 | - | - |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €420,420 | €418,189 | €416,642 | €403,699 | €392,301 | €619,290 | €603,535 | €438,136 | ▼ 27.4% |
| Equity10/15 | €224,930 | €250,677 | €280,863 | €309,643 | €288,182 | €430,338 | €438,338 | €360,342 | ▼ 17.8% |
| Contributions10/11 | €61,973 | €61,973 | €61,973 | €61,973 | €61,973 | €61,973 | €61,973 | €61,973 | = |
| Capital10 | - | - | - | €61,973 | €61,973 | €61,973 | €61,973 | €61,973 | = |
| Issued capital100 | - | - | - | €61,973 | €61,973 | €61,973 | €61,973 | €61,973 | = |
| Reserves13 | €162,957 | €188,197 | €218,197 | €246,978 | €225,516 | €368,364 | €376,365 | €298,369 | ▼ 20.7% |
| Non-distributable reserves130/1 | - | - | - | €6,197 | €6,197 | €6,197 | €6,197 | €6,197 | = |
| Legal reserve130 | - | - | - | €6,197 | €6,197 | €6,197 | €6,197 | €6,197 | = |
| Distributable reserves133 | - | - | - | €240,780 | €219,319 | €362,167 | €370,167 | €292,171 | ▼ 21.1% |
| Profit (loss) carried forward14 | - | €507 | €692 | €692 | €692 | - | - | - | - |
| Amounts payable17/49 | €195,490 | €167,512 | €135,779 | €94,055 | €104,119 | €188,952 | €165,197 | €77,794 | ▼ 52.9% |
| Amounts payable after more than one year17 | - | €17,113 | €9,860 | €2,485 | - | €18,162 | €10,880 | €3,271 | ▼ 69.9% |
| Financial debts170/4 | - | - | - | €2,485 | - | €18,162 | €10,880 | €3,271 | ▼ 69.9% |
| Amounts payable within one year42/48 | €195,367 | €150,390 | €125,919 | €91,570 | €104,119 | €170,790 | €154,317 | €74,524 | ▼ 51.7% |
| Current portion of amounts payable after more than one year42 | - | - | - | €7,375 | €2,485 | €6,969 | €7,282 | €7,609 | ▲ 4.5% |
| Trade debts44 | €102,581 | €86,025 | €58,911 | €50,438 | €50,872 | €38,172 | €37,165 | €20,744 | ▼ 44.2% |
| Suppliers440/4 | - | - | - | €50,438 | €50,872 | €38,172 | €37,165 | €20,744 | ▼ 44.2% |
| Taxes, remuneration and social security45 | - | - | - | €33,757 | €50,485 | €122,996 | €109,870 | €44,380 | ▼ 59.6% |
| Taxes450/3 | - | - | - | €24,324 | €43,320 | €115,085 | €100,644 | €35,052 | ▼ 65.2% |
| Remuneration and social security454/9 | - | - | - | €9,433 | €7,165 | €7,911 | €9,225 | €9,328 | ▲ 1.1% |
| Other amounts payable47/48 | - | - | - | - | €276 | €2,652 | - | €1,791 | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €19,533 | €25,747 | €30,186 | €28,780 | €23,538 | €187,156 | €8,001 | €24,784 | ▲ 210% |
| + Depreciation and write-downs630 | €34,660 | €25,078 | €25,045 | €29,489 | €17,189 | €14,444 | €9,042 | €8,806 | ▼ 2.6% |
| Operating cash flow (approximation) | €54,193 | €50,825 | €55,231 | €58,269 | €40,727 | €201,599 | €17,042 | €33,590 | ▲ 97.1% |
| Investment in fixed assets (approximation) | - | -€30,854 | -€505 | €0 | €0 | -€795 | €0 | €0 | - |
| Change in cash | - | - | - | €20,937 | €13,856 | -€35,761 | €299,759 | -€72,657 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 31,368 companies had the same profile as BRACK has now. Two years later, 93.5% were still going and 0.5% had gone bankrupt.
- Micro
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
93.5%
was still going
5.9%
stopped otherwise
0.5%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of BRACK itself: 0.3% within 12 months.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 31,368 companies, not a prediction for BRACK. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Latest 10 of 33 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | abbreviated format | 31-10-2026 | 2026-00597697 | |
| 31-12-2024 | micro format | 30-09-2025 | 2025-00513142 | |
| 31-12-2023 | micro format | 10-10-2024 | 2024-00503132 | |
| 31-12-2022 | micro format | 17-11-2023 | 2023-00512653 | |
| 31-12-2021 | full format | 28-09-2022 | 2022-20441712 | |
| 31-12-2020 | full format | 13-01-2022 | 2022-00800283 | |
| 31-12-2019 | full format | 30-10-2020 | 2020-67100505 | |
| 31-12-2018 | full format | 31-08-2019 | 2019-60400390 | |
| 31-12-2017 | full format | 31-08-2018 | 2018-59500073 | |
| 31-12-2016 | full format | 09-08-2017 | 2017-42000291 |
Board & ownership
Directors
Directors
3 directors, 2 in day-to-day management, last change in 2025
Board 3
BRACK Alain
Current
Chair · appointed in the act of 13-02-2026 · Director · since 05-10-2011 · listed in the 2025 annual accounts, filed on 31-10-2026
NAISSE Béatrice
Current
Director · since 05-10-2011 · 6-year term from 2025 · listed in the 2025 annual accounts, filed on 31-10-2026
NAISSE Bénédicte
Current
Director · since 05-10-2011 · 6-year term from 2025 · listed in the 2025 annual accounts, filed on 31-10-2026
Day-to-day management 2
BRACK Alain
Current
Managing director · appointed in the act of 13-02-2026
NAISSE Béatrice
Current
Managing director · appointed in the act of 13-02-2026
Owners and capital
Shareholders
Stated in the act
act of 06-03-2023 ↗
- Alain BRACK 124 shares
- Béatrice NAISSE 124 shares
- Bénédicte NAISSE 2 shares
Mandate history
3 people, 3 in office
- Board
- Day-to-day management
- began earlier
| Name | Functions and periods |
|---|---|
| BRACK Alain |
|
| NAISSE Béatrice |
|
| NAISSE Bénédicte |
|
Articles of association
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- “3”
Articles of association, deed of 13-02-2026 (in French)
Network & group
BRACK shares no director with another company.
Connections & network
3 current directorsThe network starts from the directors of BRACK. Every other company they run is a node.
This company
Company
Director
Shareholding
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Timeline
Acts, filings and financial milestones
Deadline for the 2026 accounts:
2026
31-10
abbreviated format · 92 days late
01-07
Gazette deed
Registered office moved to VonêcheNew seat: Rue de Lovai 20 à 5570 Vonêche2 points ▸
Gazette deed
Registered office moved to Vonêche
New seat: Rue de Lovai 20 à 5570 Vonêche2 points ▸
- General meeting, 1, 2
- Registered-office move, Rue de Lovai 20 à 5570 Vonêche
13-02
Gazette deed
Appointments: NAISSE Béatrice, NAISSE Bénédicte and BRACK AlainPower of attorney9 points ▸
Gazette deed
Appointments: NAISSE Béatrice, NAISSE Bénédicte and BRACK Alain
Power of attorney9 points ▸
- General meeting, 19-12-2025
- Director appointment, NAISSE Béatrice (director)
- Director appointment, NAISSE Bénédicte (director)
- Director appointment, BRACK Alain (director)
- Board meeting, “nomination des président et administrateur délégué, préciser les règles qui déterminent la répartition des compétences des organes de la société, conseil d'admi…” (deed in French)
- Director appointment, BRACK Alain (chair)
- Director appointment, BRACK Alain (managing director)
- Director appointment, NAISSE Béatrice (managing director)
- Power of attorney
2025
24-12
Gazette deed
Appointments: NAISSE Béatrice, NAISSE Bénédicte and BRACK Alain8 points ▸
Gazette deed
Appointments: NAISSE Béatrice, NAISSE Bénédicte and BRACK Alain
8 points ▸
- General meeting, 19-12-2025
- Director appointment, NAISSE Béatrice (director)
- Director appointment, NAISSE Bénédicte (director)
- Director appointment, BRACK Alain (director)
- Board meeting, “conseil d'administration” (deed in French)
- Director appointment, BRACK Alain (chair)
- Director appointment, BRACK Alain (managing director)
- Director appointment, NAISSE Béatrice (managing director)
30-09
micro format · 61 days late
2024
31-12
Financial
Weakest financial yearnet €8,001 ▼95.7%
The net result drops to €8,001, the lowest from 2018 to 2025. It recovers the following year.
10-10
micro format · 71 days late
2023
31-12
Financial
Highest result from 2018 to 2025net €187,156 ▲695%
The operating result of €277,453 and the net result of €187,156 are both a record.
17-11
micro format · 109 days late
06-03
Gazette deed
Reappointments: Alain BRACK, Béatrice NAISSE and Bénédicte NAISSEShareholding · Director discharge12 points ▸
Gazette deed
Reappointments: Alain BRACK, Béatrice NAISSE and Bénédicte NAISSE
Shareholding · Director discharge12 points ▸
- General meeting, 25-02-2022
- Alain BRACK holds 124 shares
- Béatrice NAISSE holds 124 shares
- Bénédicte NAISSE holds 2 shares
- Director reappointment, Alain BRACK (director)
- Director reappointment, Béatrice NAISSE (director)
- Director reappointment, Bénédicte NAISSE (director)
- Other provision, “confirmation validité des actes des administrateurs”, 25-02-2022 (deed in French)
- Other provision, “défaut de publication aux Annexes du Moniteur belge, assemblée générale ordinaire d'approbation des comptes clôturés le 31-12-2016” (deed in French)
- Director discharge, Alain BRACK
- Director discharge, Béatrice NAISSE
- Director discharge, Bénédicte NAISSE
2022
Show earlier events
2020
30-10
full format · 91 days late
2019
31-08
full format · 31 days late
2018
31-08
full format · 31 days late
2017
09-08
full format · 9 days late
1992
06-10
Gazette deed
Incorporation
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordName
BRACK in French
Enterprise number
0448.209.482
Legal form
Public limited company
Status
Active, normale toestand
Founded
04-09-1992
Entity type
Legal entity
Registered office and establishments
Registered office
rue de Lovai,Vn 20, 5570 Beauraing, Belgium
Establishment unit
rue de Rochefort 72, 5570 Beauraing since 09-10-1992 · unit number 2.059.129.2624740002 Retail sale of information and communication equipment
Activities
NACEBEL 2025VAT activities
47400
Retail sale of information and communication equipment main activity
Social security (RSZ) activities
47621
Retail sale of newspapers and periodicals main activity
Codes under NACEBEL 2008
VAT activities
47410
Retail trade main activity
Social security (RSZ) activities
47620
Retail trade main activity
Codes under NACEBEL 2003
VAT activities
52487
main activity
Social security (RSZ) activities
52470
main activity
Invoicing and payment
VAT number
BE 0448.209.482
Financial year and general meeting
Accounts at the NBBFinancial year end
31-12
Sites & property
Location
Buildings and parcels at the addresses
Ground area
2,672 m²
Building footprint
161 m²
Building volume
1,006 m³
Tallest building: 8.8 m.
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 91129A0994/00C000 | Wallonia | 1,926 m² | 1 · 123 m² | 8.8 m · 2 |
| 91013A0784/00Y000 | Wallonia | 746 m² | 1 · 38 m² | 8.2 m · 2 |