Bracke Project Management
ActiveSummary
Bracke Project Management has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €43k and a net result of €12k. Equity is shrinking by ~9% per year across the filed fiscal years. Its solvency ranks better than 95% of 31791 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100=
Solvency100=
Growth32=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4k at 30 days acceptable
short-term debt: 0.4% and cash: 67.7% of total assets, and 3.9% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four 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 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% 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
96.1%
Return on assets
27.4%
Age of the figures
9 mo
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 16-03-2026, 137 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
137 d early
2024
98 d early
2023
50 d early
2022
54 d early
2021
53 d early
2020
59 d early
2019
31 d early
← before the deadline
after the deadline →
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
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€43k▼ 18.5%
2024 · €53k
2018: €74k
2019: €96k▲ +29.9% vs 2018highest in 8 years
2020: €90k▼ -6.0% vs 2019
2021: €96k▲ +6.4% vs 2020highest in 8 years
2022: €84k▼ -12.5% vs 2021
2023: €75k▼ -10.5% vs 2022
2024: €53k▼ -29.6% vs 2023
2025: €43k▼ -18.5% vs 2024lowest in 8 years
2018 → 2025
Total assets
€45k▼ 24.9%
2024 · €59k
2018: €159k
2019: €185k▲ +16.0% vs 2018highest in 8 years
2020: €91k▼ -50.5% vs 2019
2021: €128k▲ +39.6% vs 2020
2022: €86k▼ -32.4% vs 2021
2023: €80k▼ -7.1% vs 2022
2024: €59k▼ -25.8% vs 2023
2025: €45k▼ -24.9% vs 2024lowest in 8 years
2018 → 2025
Net result
€12k▼ 32.5%
2024 · €18k
2018: €50khighest in 8 years
2019: €22k▼ -55.6% vs 2018
2020: €-6k▼ -126% vs 2019
2021: €36k▲ +731% vs 2020
2022: €404▼ -98.9% vs 2021
2023: €-9k▼ -2280% vs 2022lowest in 8 years
2024: €18k▲ +306% vs 2023
2025: €12k▼ -32.5% vs 2024
2018 → 2025
Working capital
€39k▼ 10.9%
2024 · €43k
2018: €32k
2019: €3k▼ -92.1% vs 2018lowest in 8 years
2020: €14k▲ +449% vs 2019
2021: €96k▲ +600% vs 2020highest in 8 years
2022: €68k▼ -29.1% vs 2021
2023: €61k▼ -10.6% vs 2022
2024: €43k▼ -28.7% vs 2023
2025: €39k▼ -10.9% vs 2024
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€96k-€84k▼ 12.5%€75k▼ 10.5%€53k▼ 29.6%€43k▼ 18.5%
2021: €96khighest in 5 years
2022: €84k▼ -12.5% vs 2021
2023: €75k▼ -10.5% vs 2022
2024: €53k▼ -29.6% vs 2023
2025: €43k▼ -18.5% vs 2024lowest in 5 years
Operating result€38k-€2k▼ 96.0%€-2k€24k€17k▼ 30.9%
2021: €38khighest in 5 years
2022: €2k▼ -96.0% vs 2021
2023: €-2k▼ -249% vs 2022lowest in 5 years
2024: €24k▲ +1154% vs 2023
2025: €17k▼ -30.9% vs 2024
Net result€36k-€404▼ 98.9%€-9k€18k€12k▼ 32.5%
2021: €36khighest in 5 years
2022: €404▼ -98.9% vs 2021
2023: €-9k▼ -2280% vs 2022lowest in 5 years
2024: €18k▲ +306% vs 2023
2025: €12k▼ -32.5% vs 2024
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 €45k
Fixed assets
€6k ▼ 46.7%
Current assets
€39k ▼ 20.1%
Equity and liabilities €45k
Equity
€43k ▼ 18.5%
Debt
€2k ▼ 74.3%
Debt's share of the balance-sheet total falls from 11.4% to 3.9%. Equity and debt are lower.
Key figures and ratios
EBITDA
€23k▼
2024 · €30k
Cash flow
€18k▼
2024 · €24k
Debt to equity
0.04▼
2024 · 0.13
ROE
28.6%▼
2024 · 34.5%
ROA
27.4%▼
2024 · 30.5%
Interest coverage
100.25▲
2024 · -28.57
Debt ≤ 1 year
€181▼
2024 · €5k
Income taxes
€4k▼
2024 · €7k
A ratio outside any meaningful range has been withheld (balance sheet total €45k, equity €43k).
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 43 lines
Balance sheet
Code20242025
Assets
Total assets20/58€59k€45k▼
Fixed assets21/28€11k€6k▼
Tangible fixed assets22/27€11k€6k▼
Plant, machinery and equipment23€3k€3k▼
Furniture and vehicles24€7k€3k▼
Current assets29/58€49k€39k▼
Amounts receivable within one year40/41€469€6k▲
Trade receivables40-€2k
Other amounts receivable41€469€4k▲
Cash at bank and in hand54/58€46k€30k▼
Deferred charges and accrued income490/1€2k€2k▼
Equity and liabilities
Total equity and liabilities10/49€59k€45k▼
Equity10/15€53k€43k▼
Contributions10/11€19k€19k=
Reserves13€34k€24k▼
Distributable reserves133€34k€24k▼
Amounts payable17/49€7k€2k▼
Amounts payable within one year42/48€5k€181▼
Trade debts44-€172
Suppliers440/4-€172
Taxes, remuneration and social security45€5k-
Taxes450/3€5k-
Other amounts payable47/48€9€9=
Accrued charges and deferred income492/3€2k€2k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6k€6k▲
Other operating charges640/8€1k€1k▲
Gross operating margin9900€31k€24k▼
Operating profit (loss)9901€24k€17k▼
Financial income75/76B€59€32▼
Recurring financial income75€59€32▼
Financial charges65/66B€-1k€228▲
Recurring financial charges65€-1k€228▲
Profit (loss) for the period before taxes9903€25k€16k▼
Income taxes67/77€7k€4k▼
Profit (loss) for the period9904€18k€12k▼
Profit (loss) for the period to be appropriated9905€18k€12k▼
Appropriation of the result
Profit (loss) to be appropriated9906€9k€12k▲
Profit (loss) brought forward from the previous period14P€-9k-
Transfer from equity791/2€40k€22k▼
Transfer to equity691/2€9k€12k▲
To other reserves6921€9k€12k▲
Profit to be distributed694/7€40k€22k▼
Return on contributions (dividend)694€40k€22k▼
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | €49k | - | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €60 | €5k | €5k | €6k | €6k | ▲ 7.1% |
| Other operating charges640/8 | €203 | €2k | €989 | €1k | €1k | ▲ 8.8% |
| Non-recurring operating charges66A | - | €302 | - | - | - | - |
| Gross operating margin9900 | €38k | €8k | €4k | €31k | €24k | ▼ 22.1% |
| Operating profit (loss)9901 | €38k | €2k | €-2k | €24k | €17k | ▼ 30.9% |
| Financial income75/76B | €14 | €65 | €25 | €59 | €32 | ▼ 45.7% |
| Recurring financial income75 | €14 | €65 | €25 | €59 | €32 | ▼ 45.7% |
| Financial charges65/66B | €160 | €202 | €6k | €-1k | €228 | ▲ 122% |
| Recurring financial charges65 | €160 | €202 | €6k | €-1k | €228 | ▲ 122% |
| Profit (loss) for the period before taxes9903 | €38k | €1k | €-8k | €25k | €16k | ▼ 34.7% |
| Income taxes67/77 | €2k | €989 | €337 | €7k | €4k | ▼ 40.6% |
| Profit (loss) for the period9904 | €36k | €404 | €-9k | €18k | €12k | ▼ 32.5% |
| Profit (loss) for the period to be appropriated9905 | €36k | €404 | €-9k | €18k | €12k | ▼ 32.5% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €128k | €86k | €80k | €59k | €45k | ▼ 24.9% |
| Fixed assets21/28 | €179 | €16k | €15k | €11k | €6k | ▼ 46.7% |
| Tangible fixed assets22/27 | €179 | €16k | €15k | €11k | €6k | ▼ 46.7% |
| Plant, machinery and equipment23 | - | €2k | €4k | €3k | €3k | ▼ 7.7% |
| Furniture and vehicles24 | €179 | €14k | €11k | €7k | €3k | ▼ 64.4% |
| Current assets29/58 | €127k | €70k | €65k | €49k | €39k | ▼ 20.1% |
| Amounts receivable within one year40/41 | €3k | €14k | €6k | €469 | €6k | ▲ 1,263% |
| Trade receivables40 | - | €11k | €2k | - | €2k | - |
| Other amounts receivable41 | €3k | €3k | €4k | €469 | €4k | ▲ 749% |
| Current investments50/53 | - | €30k | €24k | - | - | - |
| Cash at bank and in hand54/58 | €124k | €26k | €35k | €46k | €30k | ▼ 33.9% |
| Deferred charges and accrued income490/1 | €88 | €207 | €21 | €2k | €2k | ▼ 7.1% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €128k | €86k | €80k | €59k | €45k | ▼ 24.9% |
| Equity10/15 | €96k | €84k | €75k | €53k | €43k | ▼ 18.5% |
| Contributions10/11 | €19k | €19k | €19k | €19k | €19k | = |
| Reserves13 | €77k | €65k | €65k | €34k | €24k | ▼ 29.0% |
| Non-distributable reserves130/1 | €2k | - | - | - | - | - |
| Reserves not available under the articles1311 | €2k | - | - | - | - | - |
| Distributable reserves133 | €75k | €65k | €65k | €34k | €24k | ▼ 29.0% |
| Profit (loss) carried forward14 | - | - | €-9k | - | - | - |
| Amounts payable17/49 | €32k | €3k | €5k | €7k | €2k | ▼ 74.3% |
| Amounts payable within one year42/48 | €31k | €2k | €4k | €5k | €181 | ▼ 96.5% |
| Trade debts44 | - | €83 | €2k | - | €172 | - |
| Suppliers440/4 | - | €83 | €2k | - | €172 | - |
| Taxes, remuneration and social security45 | - | €2k | €1k | €5k | - | - |
| Taxes450/3 | - | €2k | €1k | €5k | - | - |
| Other amounts payable47/48 | €31k | - | - | €9 | €9 | = |
| Accrued charges and deferred income492/3 | €807 | €814 | €2k | €2k | €2k | ▲ 0.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €36k | €404 | €-9k | €18k | €12k | ▼ 32.5% |
| + Depreciation and write-downs630 | €60 | €5k | €5k | €6k | €6k | ▲ 7.1% |
| Operating cash flow (approximation) | €36k | €5k | €-4k | €24k | €18k | ▼ 22.9% |
| Investment in fixed assets (approximation) | - | €-21k | €-4k | €-1k | €-1k | ▼ 2.5% |
| Change in cash | - | €-98k | €9k | €11k | €-16k | ▼ 243% |
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
16-03
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Liquidity times 23current ratio 215.15
Current ratio from 9.31 to 215.15; short-term debt falls from €5k to €181.
24-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €18k
Net result €18k after one loss-making year.
11-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €-9k
Net result drops to €-9k, the lowest in the series; recovery starts the following year.
07-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Liquidity times 10current ratio 40.44
Current ratio from 4.09 to 40.44; short-term debt falls from €31k to €2k.
08-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €36k
Net result €36k after one loss-making year.
02-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Liquidity times 30current ratio 34.08
Current ratio from 1.14 to 34.08; short-term debt falls from €18k to €416.
Show earlier events
30-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
23-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 23 days late
2018
05-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
03-07
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 3 acts read
About the unread acts
We know of 3 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
3 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, Ranst · 1 establishment unit since 2001
Ground area
1,416 m²
Building footprint
181 m²
Volume, LiDAR
1,114 m³
Parcel 11031C0501/00A003, Flanders · tallest building 8.6 m, ±2 floors. Linked by address, not a title deed.
5
companies at this address
See who is registered here
1 establishment unit
Vlotstraat 28, 2520 Ranst
since 20012.096.957.084
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11031C0501/00A003 | Flanders | 1,416 m² | 1 · 181 m² | 8.6 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.
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Of 82,553 companies in sector 70200 we hold annual accounts for 52,585. 37,194 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
Founded22-01-2001
Fiscal year end31-12
Abbreviation NL
Bracke PM
Activities, NACEBEL 2025
70200Business and other management consultancy
90391Promotion and organisation of arts and performing arts events
90392Design and construction of stages and sets
Scores and ratios are computed by Checked and are not a credit decision.