Skip to content

BRACKE ELKE

Active
Private limited companyfounded 201015 yrs activeVissersstraat 4, 9070 Destelbergen, BelgiumKBO/BCE: BE 0829.976.243
Summary

BRACKE ELKE has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €208,026 and a net result of €25,649. Equity is growing by ~22.3% per year across the filed fiscal years. Its solvency ranks better than 61% of 4716 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

Checked score

Score 2025
Axes · tick = 2024
Profitability75▼-11
Solvency66▼-34
Growth78=
Track record100
Bankruptcy probability, 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €15,000 at 30 days acceptable
Liquidity ample (current ratio 2.32 against 16.82 in 2024; short-term debt: 25.4% and cash: 51.6% of total assets), but 59.3% of the assets are financed with debt.
Credit check for your own amount and term

Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

Three signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
40.7%
Return on assets
5%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 15 years 0 20 y
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 04-05-2026, 88 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
88 d early
2024
41 d early
2023
27 d early
2022
32 d early
2021
30 d early
2020
46 d early
2019
39 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 43 days before the deadline; the sector median for financial year 2024 is on the deadline day, and 48% 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. Usually files around 29 June (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 6 October 2010, BRACKE ELKE was incorporated.1 Total assets went from EUR 149,284 in 2018 to EUR 510,731 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2025

Go further with this company

Is this your company? See how customers and banks see it.

Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2025, micro schema

Equity
€208,026▼ 19.8%
2024 · €259,376
Total assets
€510,731▲ 66.1%
2024 · €307,396
Net result
€25,649▼ 40.1%
2024 · €42,799
Working capital
€170,677▼ 21.3%
2024 · €216,789
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 96, Personal service activities, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Operating result€65,919▲ 37.1%€70,985▲ 7.7%€64,295▼ 9.4%€64,265=€38,816▼ 39.6%
Net result€44,919above the sector's middle half▲ 33.3%€48,704above the sector's middle half▲ 8.4%€42,907above the sector's middle half▼ 11.9%€42,799above the sector's middle half▼ 0.3%€25,649above the sector's middle half▼ 40.1%
Equity€137,967above the sector's middle half▲ 48.3%€173,671above the sector's middle half▲ 25.9%€216,578above the sector's middle half▲ 24.7%€259,376above the sector's middle half▲ 19.8%€208,026above the sector's middle half▼ 19.8%
Total assets€216,976above the sector's middle half▲ 24.2%€256,721above the sector's middle half▲ 18.3%€283,470above the sector's middle half▲ 10.4%€307,396above the sector's middle half▲ 8.4%€510,731above the sector's middle half▲ 66.1%
Debt€79,009▼ 3.3%€83,050▲ 5.1%€66,892▼ 19.5%€48,020▼ 28.2%€302,706▲ 530%
Working capital€186,009above the sector's middle half▲ 24.7%€213,591above the sector's middle half▲ 14.8%€210,314above the sector's middle half▼ 1.5%€216,789above the sector's middle half▲ 3.1%€170,677above the sector's middle half▼ 21.3%
Solvency63.6%above the sector's middle half▲ 10.3pp67.6%above the sector's middle half▲ 4.1pp76.4%above the sector's middle half▲ 8.8pp84.4%above the sector's middle half▲ 8.0pp40.7%within the sector's middle half▼ 43.6pp
Current ratio8.61above the sector's middle half▼ 0.407.06above the sector's middle half▼ 1.559.14above the sector's middle half▲ 2.0816.82above the sector's middle half▲ 7.672.32above the sector's middle half▼ 14.50
Return on assets (ROA)20.7%above the sector's middle half▲ 1.4pp19.0%above the sector's middle half▼ 1.7pp15.1%above the sector's middle half▼ 3.8pp13.9%within the sector's middle half▼ 1.2pp5.0%within the sector's middle half▼ 8.9pp
above within below the middle half (P25 to P75) of NACE 96, Personal service activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€20,000€40,000€60,000€80,000Operating result 2021: €65,919€65,919Net result 2021: €44,919€44,919Operating result 2022: €70,985€70,985Net result 2022: €48,704€48,704Operating result 2023: €64,295€64,295Net result 2023: €42,907€42,907Operating result 2024: €64,265€64,265Net result 2024: €42,799€42,799Operating result 2025: €38,816€38,816Net result 2025: €25,649€25,64920212022202320242025€0€20,000€40,000€60,000Operating result 2023: €64,295€64,300Net result 2023: €42,907€42,900Operating result 2024: €64,265€64,300Net result 2024: €42,799€42,800Operating result 2025: €38,816€38,800Net result 2025: €25,649€25,600202320242025
The operating result has fallen three years in a row; 2025 is 40% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €510,731
Fixed assets €210,280 ▲ 173%
Current assets €300,452 ▲ 30.3%
Equity and liabilities €510,731
Equity €208,026 ▼ 19.8%
Debt €302,706 ▲ 530%
Debt's share of the balance-sheet total rises from 15.6% to 59.3%. Equity is lower and debt is higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€61,946▼
2024 · €78,748
Cash flow
€48,779▼
2024 · €57,282
Quick ratio
2.30▼
2024 · 16.55
Debt to equity
1.46▲
2024 · 0.19
ROE
12.3%▼
2024 · 16.5%
Interest coverage
8.53▼
2024 · 12.87
Debt ≤ 1 year
€129,774▲
2024 · €13,708
Debt > 1 year
€172,931▲
2024 · €34,313
Income taxes
€6,554▼
2024 · €15,901
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 17,811 companies that looked in July 2024 the way this one looks now, 0.3% went bankrupt within 24 months and 97% are still going.

  • Small
  • 10 to 20 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.3% went bankrupt
3.2% stopped otherwise
97% still going

For this company itself Checked computes a bankruptcy probability of 0.4% 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 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.9%
9 3.0% 3.1%
10 5.6% 6.2%

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 17,811 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
Filed annual accounts As filed with the NBB · 2025 against 2024 · 48 lines
Balance sheet Code20242025
Assets
Total assets20/58€307,396€510,731▲
Fixed assets21/28€76,899€210,280▲
Tangible fixed assets22/27€76,899€210,280▲
Plant, machinery and equipment23€16,104€21,858▲
Furniture and vehicles24€32,330€163,349▲
Other tangible fixed assets26€28,465€25,074▼
Current assets29/58€230,497€300,452▲
Stocks and contracts in progress3€3,691€1,550▼
Stocks30/36€3,691€1,550▼
Amounts receivable within one year40/41€9,106€27,285▲
Other amounts receivable41€9,106€27,285▲
Cash at bank and in hand54/58€216,060€263,601▲
Deferred charges and accrued income490/1€1,641€8,016▲
Equity and liabilities
Total equity and liabilities10/49€307,396€510,731▲
Equity10/15€259,376€208,026▼
Contributions10/11€18,600€18,600=
Reserves13€211,360€159,860▼
Distributable reserves133€211,360€159,860▼
Profit (loss) carried forward14€29,416€29,566▲
Amounts payable17/49€48,020€302,706▲
Amounts payable after more than one year17€34,313€172,931▲
Financial debts170/4€34,313€172,931▲
Amounts payable within one year42/48€13,708€129,774▲
Current portion of amounts payable after more than one year42€6,750€39,131▲
Trade debts44€2,988€13,403▲
Suppliers440/4€2,988€13,403▲
Taxes, remuneration and social security45€3,970€4,750▲
Taxes450/3€3,970€4,750▲
Other amounts payable47/48-€72,490
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€14,484€23,130▲
Other operating charges640/8€1,369€1,408▲
Gross operating margin9900€80,118€63,354▼
Operating profit (loss)9901€64,265€38,816▼
Financial income75/76B€552€653▲
Recurring financial income75€552€653▲
Financial charges65/66B€6,117€7,266▲
Recurring financial charges65€6,117€7,266▲
Profit (loss) for the period before taxes9903€58,700€32,203▼
Income taxes67/77€15,901€6,554▼
Profit (loss) for the period9904€42,799€25,649▼
Profit (loss) for the period to be appropriated9905€42,799€25,649▼
Appropriation of the result
Profit (loss) to be appropriated9906€71,916€55,066▼
Profit (loss) brought forward from the previous period14P€29,118€29,416▲
Transfer from equity791/2-€77,000
Transfer to equity691/2€42,500€25,500▼
To other reserves6921€42,500€25,500▼
Profit to be distributed694/7-€77,000
Return on contributions (dividend)694-€77,000

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3,218€4,107€4,324€14,484€23,130▲ 59.7%
Other operating charges640/8€1,062€1,330€1,298€1,369€1,408▲ 2.8%
Gross operating margin9900€70,198€76,423€69,917€80,118€63,354▼ 20.9%
Operating profit (loss)9901€65,919€70,985€64,295€64,265€38,816▼ 39.6%
Financial income75/76B€2€9€273€552€653▲ 18.4%
Recurring financial income75€2€9€273€552€653▲ 18.4%
Financial charges65/66B€3,734€3,374€5,461€6,117€7,266▲ 18.8%
Recurring financial charges65€3,734€3,374€5,461€6,117€7,266▲ 18.8%
Profit (loss) for the period before taxes9903€62,187€67,619€59,107€58,700€32,203▼ 45.1%
Income taxes67/77€17,268€18,915€16,201€15,901€6,554▼ 58.8%
Profit (loss) for the period9904€44,919€48,704€42,907€42,799€25,649▼ 40.1%
Profit (loss) for the period to be appropriated9905€44,919€48,704€42,907€42,799€25,649▼ 40.1%
Line20212022202320242025Change
Assets
Total assets20/58€216,976€256,721€283,470€307,396€510,731▲ 66.1%
Fixed assets21/28€6,520€7,893€47,326€76,899€210,280▲ 173%
Tangible fixed assets22/27€6,520€7,893€47,326€76,899€210,280▲ 173%
Plant, machinery and equipment23€6,520€7,893€4,867€16,104€21,858▲ 35.7%
Furniture and vehicles24--€20,000€32,330€163,349▲ 405%
Other tangible fixed assets26--€22,460€28,465€25,074▼ 11.9%
Current assets29/58€210,455€248,828€236,144€230,497€300,452▲ 30.3%
Stocks and contracts in progress3€2,245€10,295€4,141€3,691€1,550▼ 58.0%
Stocks30/36€2,245€10,295€4,141€3,691€1,550▼ 58.0%
Amounts receivable within one year40/41-€2,328€10,192€9,106€27,285▲ 200%
Other amounts receivable41-€2,328€10,192€9,106€27,285▲ 200%
Cash at bank and in hand54/58€206,142€227,711€220,080€216,060€263,601▲ 22.0%
Deferred charges and accrued income490/1€2,068€8,494€1,731€1,641€8,016▲ 389%
Equity and liabilities
Total equity and liabilities10/49€216,976€256,721€283,470€307,396€510,731▲ 66.1%
Equity10/15€137,967€173,671€216,578€259,376€208,026▼ 19.8%
Contributions10/11€18,600€18,600€18,600€18,600€18,600=
Outside capital11€18,600€18,600----
Other1109/19€18,600€18,600----
Reserves13€91,860€126,860€168,860€211,360€159,860▼ 24.4%
Non-distributable reserves130/1€1,860€1,860----
Reserves not available under the articles1311€1,860€1,860----
Distributable reserves133€90,000€125,000€168,860€211,360€159,860▼ 24.4%
Profit (loss) carried forward14€27,507€28,211€29,118€29,416€29,566▲ 0.5%
Amounts payable17/49€79,009€83,050€66,892€48,020€302,706▲ 530%
Amounts payable after more than one year17€54,563€47,813€41,063€34,313€172,931▲ 404%
Financial debts170/4€54,563€47,813€41,063€34,313€172,931▲ 404%
Amounts payable within one year42/48€24,446€35,237€25,830€13,708€129,774▲ 847%
Current portion of amounts payable after more than one year42€8,520€6,750€6,750€6,750€39,131▲ 480%
Trade debts44€5,643€5,087€4,642€2,988€13,403▲ 349%
Suppliers440/4€5,643€5,087€4,642€2,988€13,403▲ 349%
Taxes, remuneration and social security45€9,813€11,050€14,438€3,970€4,750▲ 19.6%
Taxes450/3€7,654€11,050€14,438€3,970€4,750▲ 19.6%
Remuneration and social security454/9€2,160-----
Other amounts payable47/48€470€12,350--€72,490-
Line20212022202320242025Change
Profit (loss) for the period9904€44,919€48,704€42,907€42,799€25,649▼ 40.1%
+ Depreciation and write-downs630€3,218€4,107€4,324€14,484€23,130▲ 59.7%
Operating cash flow (approximation)€48,137€52,811€47,231€57,282€48,779▼ 14.8%
Investment in fixed assets (approximation)--€5,479-€43,758-€44,057-€156,510▼ 255%
Change in cash-€21,569-€7,631-€4,020€47,541▲ 1,283%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
04-05
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
20-06
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
04-07
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial Equity above €200,000Eq €216,578 ▲24.7%
6 profitable years in a row build equity to €216,578.
29-06
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial Highest result since 2018net €48,704 ▲8.4%
Operating result €70,985, net result €48,704, both a record.
31-12
Financial Equity above €150,000Eq €173,671 ▲25.9%
5 profitable years in a row build equity to €173,671.
01-07
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial Equity above €100,000Eq €137,967 ▲48.3%
4 profitable years in a row build equity to €137,967.
15-06
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
22-06
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial Weakest financial yearnet €1,742 ▼56.4%
Net result drops to €1,742, the lowest in the series; recovery starts the following year.
Show earlier events
26-06
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
18-06
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
21-06
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 6 acts read
About the unread acts

We know of 6 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
6 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, Destelbergen · 1 establishment unit since 2010
seat establishment The establishment unit on the map
Ground area
1,790 m²
Building footprint
136 m²
Volume, LiDAR
622 m³
Parcel 44013B0120/00K000, Flanders · tallest building 6.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Vissersstraat 4, 9070 Destelbergen
Retail trade
since 20102.192.718.058
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
44013B0120/00K000 Flanders 1,790 m² 1 · 135 m² 6.9 m · 2 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

Food safety, FASFC

1 site
Destelbergen2.192.718.058
1 permission
Toelating · Ambulante eetgelegenheid · since 04-09-2023

Similar companies · same sector, comparable size

Of 24,867 companies in sector 96220 we hold annual accounts for 1,445. 795 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
Founded06-10-2010
Fiscal year end31-12
Activities, NACEBEL 2025
96220Beauty care and other beauty treatments
46170Agents in the wholesale of food, beverages and tobacco
47750Retail sale of cosmetics and toilet articles
47784Retail sale of souvenirs and religious articles
96230Day spas, saunas and steam baths
E-invoicing
Reachable via Peppol
Peppol ID 0208:0829976243
Also 9925:BE0829976243

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 29 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.