BRACKE - VERVAET
ActiveSummary
BRACKE - VERVAET has been active since 1996 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €51,715 and a net result of €4,687. Equity is growing by ~19.2% per year across the filed fiscal years. Its solvency ranks better than 62% of 7859 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability76▼-12
Solvency89▲+3
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4,000 at 30 days acceptable
Liquidity ample (current ratio 2.42 against 2.62 in 2024; short-term debt: 25.5% and cash: 33.6% of total assets), and 35.8% of the assets are financed with debt.
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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 82
Relative position
BE, all sectors
reference
Office administrative, office support and other business support activities (NACE 82)
about 37% 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
64.2%
Return on assets
5.8%
Age of the figures
15 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 03-01-2026, 28 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
28 d early
2024
28 d early
2023
51 d early
2022
40 d early
2021
11 d early
2020
82 d early
2019
22 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 37 days before the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 35% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today. Usually files around 3 January (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-06-2026 close30-09-2026 today31-01-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€51,715▲ 10.0%
2024 · €47,028
Total assets
€80,568▲ 4.2%
2024 · €77,315
Net result
€4,687▼ 59.9%
2024 · €11,684
Working capital
€29,054▲ 28.3%
2024 · €22,651
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 82, Office administrative, office support and other business support activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result-€3,450€10,181€7,387▼ 27.4%€11,895▲ 61.0%€6,243▼ 47.5%
Net result-€3,888below the sector's middle half€9,919within the sector's middle half€7,174within the sector's middle half▼ 27.7%€11,684within the sector's middle half▲ 62.9%€4,687within the sector's middle half▼ 59.9%
Equity€18,251within the sector's middle half▼ 17.6%€28,170within the sector's middle half▲ 54.3%€35,344within the sector's middle half▲ 25.5%€47,028within the sector's middle half▲ 33.1%€51,715within the sector's middle half▲ 10.0%
Total assets€35,356below the sector's middle half▼ 30.8%€40,581below the sector's middle half▲ 14.8%€43,510below the sector's middle half▲ 7.2%€77,315within the sector's middle half▲ 77.7%€80,568within the sector's middle half▲ 4.2%
Debt€17,104▼ 40.9%€12,410▼ 27.4%€8,166▼ 34.2%€30,287▲ 271%€28,853▼ 4.7%
Working capital€4,830within the sector's middle half▲ 4,915%€17,682within the sector's middle half▲ 266%€25,748within the sector's middle half▲ 45.6%€22,651within the sector's middle half▼ 12.0%€29,054within the sector's middle half▲ 28.3%
Solvency51.6%within the sector's middle half▲ 8.3pp69.4%within the sector's middle half▲ 17.8pp81.2%above the sector's middle half▲ 11.8pp60.8%within the sector's middle half▼ 20.4pp64.2%within the sector's middle half▲ 3.4pp
Current ratio1.51within the sector's middle half▲ 0.502.93within the sector's middle half▲ 1.434.15above the sector's middle half▲ 1.222.62within the sector's middle half▼ 1.532.42within the sector's middle half▼ 0.21
Return on assets (ROA)-11.0%below the sector's middle half▼ 16.0pp24.4%above the sector's middle half▲ 35.4pp16.5%within the sector's middle half▼ 8.0pp15.1%within the sector's middle half▼ 1.4pp5.8%within the sector's middle half▼ 9.3pp
Staff (FTE)
above
within
below
the middle half (P25 to P75) of NACE 82, Office administrative, office support and other business support 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
The operating result falls in 2025; 2025 is 48% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €80,568
Fixed assets
€30,992 ▼ 23.9%
Current assets
€49,576 ▲ 35.4%
Equity and liabilities €80,568
Equity
€51,715 ▲ 10.0%
Debt
€28,853 ▼ 4.7%
Debt's share of the balance-sheet total falls from 39.2% to 35.8%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€15,954▲
2024 · €15,776
Cash flow
€14,399▼
2024 · €15,565
Debt to equity
0.56▼
2024 · 0.64
ROE
9.1%▼
2024 · 24.8%
Interest coverage
12.55▼
2024 · 87.04
Debt ≤ 1 year
€20,522▲
2024 · €13,960
Debt > 1 year
€8,331▼
2024 · €16,327
Income taxes
€1,578▲
2024 · €166
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 31,371 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 93% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.5%
went bankrupt
5.9%
stopped otherwise
93%
still going
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.2% 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 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.8% |
| 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 31,371 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
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €9,988 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €13,342 | €7,222 | €7,045 | €3,881 | €9,712 | ▲ 150% |
| Other operating charges640/8 | - | €1,019 | €1,027 | €2,802 | €1,824 | ▼ 34.9% |
| Gross operating margin9900 | €10,931 | €18,422 | €15,459 | €18,578 | €17,779 | ▼ 4.3% |
| Operating profit (loss)9901 | -€3,450 | €10,181 | €7,387 | €11,895 | €6,243 | ▼ 47.5% |
| Financial income75/76B | - | €40 | €26 | €137 | €1,294 | ▲ 845% |
| Recurring financial income75 | €10 | €40 | €26 | €137 | €1,294 | ▲ 845% |
| Financial charges65/66B | - | €184 | €113 | €181 | €1,271 | ▲ 601% |
| Recurring financial charges65 | €331 | €184 | €113 | €181 | €1,271 | ▲ 601% |
| Profit (loss) for the period before taxes9903 | -€3,771 | €10,037 | €7,300 | €11,850 | €6,266 | ▼ 47.1% |
| Income taxes67/77 | €117 | €118 | €126 | €166 | €1,578 | ▲ 850% |
| Profit (loss) for the period9904 | -€3,888 | €9,919 | €7,174 | €11,684 | €4,687 | ▼ 59.9% |
| Profit (loss) for the period to be appropriated9905 | -€3,888 | €9,919 | €7,174 | €11,684 | €4,687 | ▼ 59.9% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €35,356 | €40,581 | €43,510 | €77,315 | €80,568 | ▲ 4.2% |
| Fixed assets21/28 | €20,982 | €13,760 | €9,596 | €40,704 | €30,992 | ▼ 23.9% |
| Tangible fixed assets22/27 | €20,982 | €13,760 | €9,596 | €40,704 | €30,992 | ▼ 23.9% |
| Land and buildings22 | - | €8,912 | €6,777 | €4,668 | €2,560 | ▼ 45.2% |
| Plant, machinery and equipment23 | - | €328 | €1 | - | - | - |
| Furniture and vehicles24 | - | €100 | €2,806 | €36,036 | €28,433 | ▼ 21.1% |
| Leasing and similar rights25 | - | €4,420 | €12 | - | - | - |
| Current assets29/58 | €14,374 | €26,821 | €33,914 | €36,611 | €49,576 | ▲ 35.4% |
| Stocks and contracts in progress3 | €295 | €761 | €420 | - | - | - |
| Stocks30/36 | - | €761 | €420 | - | - | - |
| Amounts receivable within one year40/41 | €3,143 | €6,385 | €5,413 | €5,123 | €12,247 | ▲ 139% |
| Trade receivables40 | - | €6,385 | €5,413 | €5,123 | €12,247 | ▲ 139% |
| Other amounts receivable41 | - | €0 | - | - | - | - |
| Current investments50/53 | - | - | - | - | €9,736 | - |
| Cash at bank and in hand54/58 | €8,824 | €18,913 | €27,315 | €31,000 | €27,079 | ▼ 12.6% |
| Deferred charges and accrued income490/1 | - | €762 | €765 | €489 | €514 | ▲ 5.1% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €35,356 | €40,581 | €43,510 | €77,315 | €80,568 | ▲ 4.2% |
| Equity10/15 | €18,251 | €28,170 | €35,344 | €47,028 | €51,715 | ▲ 10.0% |
| Contributions10/11 | - | €74,368 | €74,368 | €74,368 | €74,368 | = |
| Profit (loss) carried forward14 | -€56,117 | -€46,198 | -€39,024 | -€27,340 | -€22,653 | ▲ 17.1% |
| Amounts payable17/49 | €17,104 | €12,410 | €8,166 | €30,287 | €28,853 | ▼ 4.7% |
| Amounts payable after more than one year17 | €7,560 | €3,272 | €0 | €16,327 | €8,331 | ▼ 49.0% |
| Financial debts170/4 | - | €3,272 | €0 | €16,327 | €8,331 | ▼ 49.0% |
| Amounts payable within one year42/48 | €9,544 | €9,139 | €8,166 | €13,960 | €20,522 | ▲ 47.0% |
| Current portion of amounts payable after more than one year42 | - | €4,288 | €3,267 | €7,673 | €7,995 | ▲ 4.2% |
| Trade debts44 | €2,354 | €1,633 | €1,041 | €2,018 | €2,620 | ▲ 29.8% |
| Suppliers440/4 | - | €1,633 | €1,041 | €2,018 | €2,620 | ▲ 29.8% |
| Taxes, remuneration and social security45 | - | €2,084 | €2,422 | €3,552 | €8,106 | ▲ 128% |
| Taxes450/3 | - | €584 | €922 | €3,552 | €5,606 | ▲ 57.8% |
| Remuneration and social security454/9 | - | €1,500 | €1,500 | - | €2,500 | - |
| Other amounts payable47/48 | - | €1,133 | €1,436 | €717 | €1,801 | ▲ 151% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€3,888 | €9,919 | €7,174 | €11,684 | €4,687 | ▼ 59.9% |
| + Depreciation and write-downs630 | €13,342 | €7,222 | €7,045 | €3,881 | €9,712 | ▲ 150% |
| Operating cash flow (approximation) | €9,454 | €17,141 | €14,219 | €15,565 | €14,399 | ▼ 7.5% |
| Investment in fixed assets (approximation) | - | €0 | -€2,881 | -€34,990 | €0 | ▲ 100% |
| Change in cash | - | €10,089 | €8,402 | €3,684 | -€3,921 | ▼ 206% |
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
03-01
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
03-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-06
Financial
Highest result since 2019net €11,684 ▲62.9%
Operating result €11,895, net result €11,684, both a record.
2023
11-12
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2022
22-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
30-06
Financial
Back to profitnet €9,919
Net result €9,919 after one loss-making year.
20-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2020
10-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
30-06
Financial
Back to profitnet €2,561
Net result €2,561 after one loss-making year.
09-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
19-12
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
30-11
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
24-11
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 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
No directors read yet: 0 of 2 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Wetteren · 1 establishment unit since 1997
Ground area
295 m²
Building footprint
307 m²
Volume, LiDAR
1,918 m³
Parcel 42302E0445/00L000, Flanders · tallest building 12.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Florimond Leirensstraat 13, 9230 Wetteren
since 19972.080.811.930
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 42302E0445/00L000 | Flanders | 295 m² | 1 · 307 m² | 12.6 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 11,204 companies in this sector we hold annual accounts for 3,517. 2,543 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company details
Identification
Legal formPrivate limited company
Founded18-12-1996
Fiscal year end30-06
Activities, NACEBEL 2025
82100Office administrative and support services
82990Other business support services
E-invoicing
Reachable via Peppol
Peppol ID
0208:0459503648
Also
9925:BE0459503648
Registered
01-08-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.