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BRACKX

Dissolution or liquidation
Public limited companyfounded 1988Hamiltonpark 24-26, 8000 Brugge, BelgiumKBO/BCE: BE 0434.780.031
Summary

The KBO register records for BRACKX the legal situation: dissolution or liquidation; this is today's state according to the register itself, which carries no start date. The 2025 annual accounts show equity of €156,460 and a net result of €141,214.

BRACKXDissolution or liquidation

Signals

Two signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Register: dissolution or liquidation
The KBO register records the legal situation: dissolution or liquidation. This is today's state according to the register itself; the register carries no start date.
KBO · legal situation
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 24-09-2026, 55 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filings
Deviation from the deadline
2025
55 d late
2024
3 d early
2024
2 d early
2023
69 d early
2022
38 d early
2021
33 d early
2020
81 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 24 days before the deadline; the sector median for financial year 2024 is 6 days before the deadline, and 37% 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.
Companies Code · seven months
Position in the running window
28-09-2026 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 29 July 1988, BRACKX was incorporated.1 Total assets went from EUR 160,924 in 2018 to EUR 161,660 in 2025 and headcount from 3.3 full-time equivalents in 2018 to 1.2 in 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018, 2024 and 2025

Go further with this company

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

Financials · fiscal year 2025, abbreviated schema

Equity
€156,460▲ 926%
2024 · €15,247
Total assets
€161,660▼ 7.6%
2024 · €174,874
Net result
€141,214
2024 · €0
Working capital
€156,460▼ 50.8%
2023 · €318,152
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 27, Manufacture of electrical equipment, 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
Line20222023202420242025
Operating result€350▼ 99.1%€875▲ 150%-€143,790€0--€60,860
Net result€163within the sector's middle half▼ 99.4%€449within the sector's middle half▲ 175%-€200,418below the sector's middle half€0within the sector's middle half-€141,214within the sector's middle half
Equity€215,216above the sector's middle half▲ 0.1%€215,665above the sector's middle half▲ 0.2%€15,247within the sector's middle half▼ 92.9%€15,247within the sector's middle half-€156,460within the sector's middle half▲ 926%
Total assets€272,687within the sector's middle half▲ 23.3%€328,058within the sector's middle half▲ 20.3%€174,874within the sector's middle half▼ 46.7%€174,874within the sector's middle half-€161,660below the sector's middle half▼ 7.6%
Debt€7,053▲ 14.7%€9,556▲ 35.5%€5,200
Working capital€264,935above the sector's middle half▲ 23.2%€318,152above the sector's middle half▲ 20.1%€156,460within the sector's middle half
Solvency78.9%above the sector's middle half▼ 18.3pp65.7%within the sector's middle half▼ 13.2pp8.7%below the sector's middle half▼ 57.0pp8.7%below the sector's middle half-96.8%above the sector's middle half▲ 88.1pp
Current ratio38.57above the sector's middle half▲ 2.5934.29above the sector's middle half▼ 4.2731.09above the sector's middle half
Return on assets (ROA)0.1%within the sector's middle half▼ 12.3pp0.1%within the sector's middle half▲ 0.1pp-114.6%below the sector's middle half▼ 114.7pp0.0%within the sector's middle half-87.4%above the sector's middle half▲ 87.4pp
Staff (FTE)1.7▼ 5.6%1.6▼ 5.9%1.2▼ 25.0%
above within below the middle half (P25 to P75) of NACE 27, Manufacture of electrical equipment, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€300,000-€200,000-€100,000€0€100,000Operating result 2022: €350€350Net result 2022: €163€163Operating result 2023: €875€875Net result 2023: €449€449Operating result 2024: -€143,790-€143,790Net result 2024: -€200,418-€200,418Operating result 2024: €0€0Net result 2024: €0€0Operating result 2025: -€60,860-€60,860Net result 2025: €141,214€141,21420222023202420242025-€300,000-€200,000-€100,000€0€100,000Operating result 2024: -€143,790-€144,000Net result 2024: -€200,418-€200,000Operating result 2024: €0€0Net result 2024: €0€0Operating result 2025: -€60,860-€60,900Net result 2025: €141,214€141,000202420242025
Multiple fiscal year ends fall in the same calendar year; an annual trend is not displayed.
Balance-sheet composition
Equity and liabilities €161,660
Equity €156,460
Debt €5,200
Debt finances 3.2% of the balance-sheet total.
Key figures and ratios
2025 value · change against 2024
Debt to equity
0.03
ROE
90.3%▲
2024 · 0.0%
Debt ≤ 1 year
€5,200
Income taxes
€194
Staff costs
€3,697
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 42 lines
Balance sheet Code20242025
Assets
Total assets20/58€174,874€161,660▼
Current assets29/58€174,874€161,660▼
Stocks and contracts in progress3€10,037-
Stocks30/36€10,037-
Amounts receivable within one year40/41€2,906€3,960▲
Trade receivables40€1,203-
Other amounts receivable41€1,702€3,960▲
Current investments50/53€150,352€131,141▼
Cash at bank and in hand54/58€11,580€26,560▲
Equity and liabilities
Total equity and liabilities10/49€174,874€161,660▼
Equity10/15€15,247€156,460▲
Contributions10/11€100,000€100,000=
Capital10€100,000€100,000=
Issued capital100€100,000€100,000=
Reserves13€115,665€115,665=
Non-distributable reserves130/1€10,000€10,000=
Legal reserve130€10,000€10,000=
Distributable reserves133€105,665€105,665=
Profit (loss) carried forward14-€200,418-€59,204▲
Provisions and deferred taxes16€159,627-
Provisions for liabilities and charges160/5€159,627-
Environmental obligations163€159,627-
Amounts payable17/49-€5,200
Amounts payable within one year42/48-€5,200
Trade debts44-€5,200
Suppliers440/4-€5,200
Income statement Code20242025
Goods, raw materials, services and sundry goods60/61-€57,163
Remuneration, social security and pensions62-€3,697
Gross operating margin9900€0-€57,163▼
Operating profit (loss)9901€0-€60,860▼
Financial income75/76B-€202,890
Recurring financial income75-€1,127
Non-recurring financial income76B-€201,762
Financial charges65/66B-€623
Recurring financial charges65-€30
Non-recurring financial charges66B-€593
Profit (loss) for the period before taxes9903€0€141,407▲
Income taxes67/77-€194
Profit (loss) for the period9904€0€141,214▲
Profit (loss) for the period to be appropriated9905€0€141,214▲
Appropriation of the result
Profit (loss) to be appropriated9906-€200,418-€59,204▲
Profit (loss) brought forward from the previous period14P-€200,418-€200,418=
Line20222023202420242025Change
Goods, raw materials, services and sundry goods60/61----€57,163-
Remuneration, social security and pensions62€30,741€29,626€42,513-€3,697-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€350€350----
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4--€15,014---
Other operating charges640/8€1,006€1,185€429---
Non-recurring operating charges66A€50,419€52,419----
Gross operating margin9900€82,866€84,455-€85,834€0-€57,163-
Operating profit (loss)9901€350€875-€143,790€0-€60,860-
Financial income75/76B€59€40€482-€202,890-
Recurring financial income75€59€40€482-€1,127-
Non-recurring financial income76B----€201,762-
Financial charges65/66B€1-€56,965-€623-
Recurring financial charges65€1-€0-€30-
Non-recurring financial charges66B--€56,965-€593-
Profit (loss) for the period before taxes9903€407€915-€200,273€0€141,407-
Income taxes67/77€244€466€145-€194-
Profit (loss) for the period9904€163€449-€200,418€0€141,214-
Profit (loss) for the period to be appropriated9905€163€449-€200,418€0€141,214-
Line20222023202420242025Change
Assets
Total assets20/58€272,687€328,058€174,874€174,874€161,660▼ 7.6%
Fixed assets21/28€699€350----
Tangible fixed assets22/27€699€350----
Plant, machinery and equipment23€699€350----
Current assets29/58€271,988€327,708€174,874€174,874€161,660▼ 7.6%
Stocks and contracts in progress3€30,515€33,643€10,037€10,037--
Stocks30/36€30,515€33,643€10,037€10,037--
Amounts receivable within one year40/41€30,140€30,120€2,906€2,906€3,960▲ 36.3%
Trade receivables40€22,148€22,348€1,203€1,203--
Other amounts receivable41€7,993€7,772€1,702€1,702€3,960▲ 133%
Current investments50/53€150,000€150,014€150,352€150,352€131,141▼ 12.8%
Cash at bank and in hand54/58€61,332€113,932€11,580€11,580€26,560▲ 129%
Equity and liabilities
Total equity and liabilities10/49€272,687€328,058€174,874€174,874€161,660▼ 7.6%
Equity10/15€215,216€215,665€15,247€15,247€156,460▲ 926%
Contributions10/11€100,000€100,000€100,000€100,000€100,000=
Capital10€100,000€100,000€100,000€100,000€100,000=
Issued capital100€100,000€100,000€100,000€100,000€100,000=
Reserves13€115,216€115,665€115,665€115,665€115,665=
Non-distributable reserves130/1€10,000€10,000€10,000€10,000€10,000=
Legal reserve130€10,000€10,000€10,000€10,000€10,000=
Distributable reserves133€105,216€105,665€105,665€105,665€105,665=
Profit (loss) carried forward14---€200,418-€200,418-€59,204▲ 70.5%
Provisions and deferred taxes16€50,419€102,837€159,627€159,627--
Provisions for liabilities and charges160/5€50,419€102,837€159,627€159,627--
Pensions and similar obligations160€41,419€82,837----
Environmental obligations163€9,000€20,000€159,627€159,627--
Amounts payable17/49€7,053€9,556--€5,200-
Amounts payable within one year42/48€7,053€9,556--€5,200-
Trade debts44€2,921€2,768--€5,200-
Suppliers440/4€2,921€2,768--€5,200-
Taxes, remuneration and social security45€4,132€6,788----
Taxes450/3€3,244-----
Remuneration and social security454/9€887€6,788----
Line20222023202420242025Change
Profit (loss) for the period9904€163€449-€200,418€0€141,214-
+ Depreciation and write-downs630€350€350----
Operating cash flow (approximation)€513€799-€200,418€0€141,214-
Investment in fixed assets (approximation)-€0----
Change in cash-€52,600-€102,351-€14,980-

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

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
24-09
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema · 55 days late
2025
31-12
Financial Back to profitnet €141,214
Net result €141,214 after 2 loss-making years.
31-12
Financial Equity above €150,000Eq €156,460 ▲926%
Equity rises from €15,247 to €156,460.
28-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
18-07
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
20-12
Financial Weakest financial yearnet -€200,418
Net result drops to -€200,418, the lowest in the series.
23-05
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
23-06
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
28-06
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial Liquidity quadruplescurrent ratio 35.98
Current ratio from 9.89 to 35.98; short-term debt falls from €21,092 to €6,148.
31-12
Financial Equity above €200,000Eq €215,052 ▲14.6%
4 profitable years in a row build equity to €215,052.
11-05
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
Show earlier events
2020
11-06
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial Equity above €150,000Eq €171,778 ▲16.3%
2 profitable years in a row build equity to €171,778.
13-05
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
30-05
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 8 acts read
About the unread acts

We know of 8 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
8 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, Brugge · 1 establishment unit since 1988
seat establishment The establishment unit on the map
Ground area
1,266 m²
Building footprint
300 m²
Volume, LiDAR
2,772 m³
2 parcels, Flanders · tallest building 13.1 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
BRACKX NV
Gistelsesteenweg 27, 8400 OostendeManufacture of machinery and equipment not elsewhere classified
since 19882.039.440.242
2 parcels
Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
31808M0464/00S002 Flanders 879 m² 1 · 67 m² 13.1 m · 4 fl.
35020B0193/00G004 Flanders 387 m² 1 · 233 m² 11.5 m · 3 fl.
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Of 117 companies in sector 27510 we hold annual accounts for 88. 50 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPublic limited company
Founded29-07-1988
Fiscal year end31-12
Activities, NACEBEL 2025
27510Manufacture of electrical equipment
Contact
E-mail info.brackx.nv@skynet.be
Phone +32 59 70 53 98
E-invoicing
Reachable via Peppol
Peppol ID 0208:0434780031
Also 9925:BE0434780031
Registered 31-12-2025

The company is no longer active; its Peppol card can remain until its access point withdraws it.

Register as of 28 September 2026 · Peppol Directory

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