Equity
€39,924 from €160,928 in 2012
Equity fell by 75% in 13 years.
Bracke
Lifetime
20 annual accounts with figures on one time axis, 37 filings since 1989peak €43,391 (2009)
€20,794▲ 19.3%
lowest -€71,379 (2021)
€2,514▲ 179%
peak €160,928 (2012)
€39,924▲ 6.7%
€109,500▼ 13.8%
Board5 names since 2017
3 directorsDe Clercq Chantal and 2 others
Documentsfilings and deeds
18-06-202643 days before the deadline
2025abbreviated format
Gross margin from €17,426 to €20,794Result from €900 to €2,514Cash from €2,929 to €4,592
Key points
from the 2025 annual accountsChecked score
90
Excellent
Financially stronger than 41% of micro companies in wholesale trade (NACE 46)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.4% across 26,891 companies (NACE 46, micro).
About 1 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: 0.5%▲ +0.2 percentage points vs 06-2025
08-2025: 0.1%▼ -0.4 percentage points vs 07-2025
09-2025: 0.1%● unchanged vs 08-2025
10-2025: 0.1%● unchanged 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: 0.2%▲ +0.1 percentage points vs 03-2026
05-2026: 0.2%● unchanged vs 04-2026
06-2026: 0.2%● unchanged vs 05-2026
07-2026: 0.2%● unchanged vs 06-2026
08-2026: 0.5%▲ +0.3 percentage points vs 07-2026
09-2026: 0.6%▲ +0.1 percentage points vs 08-2026highest value
10-2026: 0.1%▼ -0.5 percentage points vs 09-2026lowest value
11-2026: 0.1%● unchanged vs 10-2026lowest value
Financial strengthAverage
Score breakdown
raises risk
Sector: Wholesale trade (NACE 46)
lowers risk
Founded in 1989
Figures for financial year 2025 (filed on 18-06-2026)
Size: total assets €149,424
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 46, micro). It does better than 37% of them on solvency, 30% on liquidity, 38% on profitability and 59% on growth.
The bankruptcy probability was computed on 10-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
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).
Comparable companies, two years later
In July 2024, 3,984 companies had the same profile as Bracke has now. Each dot stands for 10 companies, two years later.
96.5%
were still trading
2.3%
stopped another way
1.1%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of Bracke itself: 0.1% within 12 months.
Test of the method
The method was tested on the 497,447 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 3,984 companies, not a prediction for Bracke. 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.
Credit verdict
Credit of up to €3,500 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 2.02 (2.01 in 2024), above the usual 1.5. Short-term debt is 43.1% and cash 3.1% of total assets. However, 73.3% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
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 18-06-2026, 43 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
43 days early
2024
9 days early
2023
14 days late
2022
3 days early
2021
31 days late
2020
2 days early
2019
60 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 7 days after the deadline. In the sector (NACE 46), the median for financial year 2024 was 3 days before the deadline, and 39% 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 28 July (4 of the last 5 accounts filed within 34 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
- DE CLERCQ Chantal Luc Denise 1,337 sharesdeed of 27-08-2024
- Bracke Ruben 750 sharesdeed of 27-08-2024
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0436758732
Company renamed from Veehandel Bracke Andre to Bracke
Appointments: Bracke Ruben (director) and DE CLERCQ Chantal Luc Denise (director) · “De groot- en kleinhandel in levende dieren waaronder begrepen, paarden, runderen, schapen, kalveren…” (deed in Dutch) · DE CLERCQ Chantal Luc Denise holds 1,337 shares · General meeting of 20-08-2024 · Gazette deed
Resignation: Bracke André (director)
Appointment: Bracke Ruben (director) · Director discharge: Bracke André · General meeting of 28-10-2019 · Gazette deed
Registered office moved from Kalken to Laarne-Kalken
New registered office: Vaarschootstraat 12/A, 9270 Laarne-Kalken · Previous registered office: Vaarschootstraat 12, 9270 Kalken · Resignation: Marleen DE CLERCQ (director) · General meeting of 24-10-2017 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| Bracke Laarne | €149,424 | €20,794 | 26.7% | - |
| DELLE La Roche-en-Ardenne | €141,607 | €21,891 | 92.2% | - |
| SNEPPE DIRK EN GUSTAAF Damme | €121,045 | €17,034 | 67.9% | - |
| EVRARD ET FILS Sombreffe | €140,046 | €33,527 | 95.8% | - |
| MERCHE BOVINS Bastogne | €227,553 | €24,487 | 93.7% | - |
| STOLS Zonnebeke | €166,138 | €35,808 | 69.0% | - |
| MASSON Bullange | €204,067 | €33,701 | 67.2% | - |
These companies have the same main activity as Bracke: wholesale of live animals (NACE 46231). They are comparable in size and age: total assets between €121,000 and €228,000, founded between 1982 and 1991.
Official details
Source: KBO- Status
- Active since 23-02-1989Normal situation
- Activity
- Wholesale of live animalsNACE 46231and 6 others
- Establishment unit
- 2.042.430.2189270 Laarne, since 09-03-1989
- Financial year end
- 31 December
- Peppol
- Reachable since 28-11-2025
Annual accounts 2025
- ≈ €240,000estimated
- €149,424▼ 9.2%
- Filing
- Filed on 18-06-2026, 43 days before the end of the filing period
Insights on Bracke
Bracke files the abbreviated format. That format states no turnover. The gross margin fell from €25,585 in 2006 to €20,794 in 2025.
In August 2024, the Official Gazette published the appointment of DE CLERCQ Chantal Luc Denise as managing director.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about Bracke
- What is the company number of Bracke?
- The company number of Bracke is 0436.758.732. The VAT number is the same number with BE in front: BE 0436.758.732.
- Where is Bracke based?
- The registered office is at Vaarschootstraat 12, 9270 Laarne.Company details
- What does Bracke do?
- According to the KBO register, the main activity is wholesale of live animals (NACE 46231).
- What is the legal form of Bracke?
- Bracke is a public limited company (NV).
- When was Bracke founded?
- Bracke was founded on 23-02-1989.
- Is Bracke still active?
- Yes, Bracke is an active enterprise in the KBO register.
- What is the turnover of Bracke?
- The turnover in financial year 2025 is ≈ €240,000. This figure is estimated from the gross margin of €20,794 and 133 comparable companies (NACE 46). It probably lies between €110,000 and €560,000. It is a rough estimate. In financial year 2019 turnover was €369,544.Financials
- Is Bracke profitable?
- In financial year 2025, Bracke made a profit of €2,514.
- Where can I find the annual accounts of Bracke?
- Bracke filed 37 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Bracke due?
- Bracke must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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