Braeckman, Piet, en zonen
ActiveSummary
Braeckman, Piet, en zonen has been active since 1977 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €41k and a net result of €577. Equity is growing by ~5.9% per year across the filed fiscal years. Its solvency ranks better than 54% of 18280 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
71
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability39▼-37
Solvency64▲+2
Growth78=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2.5k at 30 days acceptable
short-term debt: 0.1% and cash: 34.9% of total assets, and 61.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
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
38.9%
Return on assets
0.6%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 24-08-2026, 24 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 filingsDeviation from the deadline
2025
24 d late
2024
26 d late
2023
20 d late
2022
14 d early
2021
28 d late
2020
19 d early
2019
91 d late
← 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
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€41k▲ 1.4%
2024 · €40k
2018: €28k
2019: €25k
2020: €31k
2021: €34k
2022: €30k
2023: €34k
2024: €40k
2018 → 2025
Total assets
€105k▼ 2.3%
2024 · €107k
2018: €104k
2019: €94k
2020: €100k
2021: €102k
2022: €99k
2023: €104k
2024: €107k
2018 → 2025
Net result
€577▼ 90.8%
2024 · €6k
2018: €-9k
2019: €-4k
2020: €7k
2021: €2k
2022: €-3k
2023: €3k
2024: €6k
2018 → 2025
Working capital
€79k▼ 1.6%
2024 · €81k
2018: €53k
2019: €51k
2020: €60k
2021: €66k
2022: €66k
2023: €73k
2024: €81k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€34k-€30k▼ 9.6%€34k▲ 11.0%€40k▲ 18.5%€41k▲ 1.4%
Operating result€2k-€-3k€3k€6k▲ 96.7%€283▼ 95.3%
Net result€2k-€-3k€3k€6k▲ 87.6%€577▼ 90.8%
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 95% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €105k
Fixed assets
€25k =
Current assets
€79k ▼ 3.1%
Equity and liabilities €105k
Equity
€41k ▲ 1.4%
Debt
€64k ▼ 4.6%
Debt's share of the balance-sheet total falls from 62.6% to 61.1%. Equity is higher and debt is lower.
Key figures and ratios
Debt to equity
1.57▼
2024 · 1.67
ROE
1.4%▼
2024 · 15.6%
ROA
0.6%▼
2024 · 5.8%
Debt ≤ 1 year
€67▼
2024 · €1k
Debt > 1 year
€64k▼
2024 · €66k
A ratio outside any meaningful range has been withheld (balance sheet total €105k, equity €41k).
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 · 38 lines
Balance sheet
Code20242025
Assets
Total assets20/58€107k€105k▼
Fixed assets21/28€25k€25k=
Tangible fixed assets22/27€25k€25k=
Land and buildings22€25k€25k=
Current assets29/58€82k€79k▼
Stocks and contracts in progress3€41k€40k▼
Stocks30/36€41k€40k▼
Amounts receivable within one year40/41€5k€1k▼
Trade receivables40€4k-
Other amounts receivable41€92€1k▲
Cash at bank and in hand54/58€36k€37k▲
Deferred charges and accrued income490/1€317€1k▲
Equity and liabilities
Total equity and liabilities10/49€107k€105k▼
Equity10/15€40k€41k▲
Contributions10/11€51k€51k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€-13k€-12k▲
Amounts payable17/49€67k€64k▼
Amounts payable after more than one year17€66k€64k▼
Other amounts payable178/9€66k€64k▼
Amounts payable within one year42/48€1k€67▼
Trade debts44€1k€67▼
Suppliers440/4€1k€67▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k-
Other operating charges640/8€4k€4k▼
Gross operating margin9900€12k€5k▼
Operating profit (loss)9901€6k€283▼
Financial income75/76B€355€341▼
Recurring financial income75€355€341▼
Financial charges65/66B€98€47▼
Recurring financial charges65€98€47▼
Profit (loss) for the period before taxes9903€6k€577▼
Profit (loss) for the period9904€6k€577▼
Profit (loss) for the period to be appropriated9905€6k€577▼
Appropriation of the result
Profit (loss) to be appropriated9906€-13k€-12k▲
Profit (loss) brought forward from the previous period14P€-19k€-13k▲
The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
24-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 24 days late
2025
31-12
Financial
Liquidity times 18current ratio 1185.07
Current ratio from 65.94 to 1185.07; short-term debt falls from €1k to €67.
26-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 26 days late
2024
31-12
Financial
Liquidity quadruplescurrent ratio 65.94
Current ratio from 18.46 to 65.94; short-term debt falls from €4k to €1k.
20-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 20 days late
2023
31-12
Financial
Back to profitnet €3k
Net result €3k after one loss-making year.
17-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
28-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 28 days late
2021
12-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Back to profitnet €7k
Net result €7k after 2 loss-making years.
30-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 91 days late
2019
31-12
Financial
Liquidity doublescurrent ratio 19.96
Current ratio from 8.87 to 19.96; short-term debt falls from €7k to €3k.
Show earlier events
12-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 73 days late
2018
28-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 28 days late
2017
21-12
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 143 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Haaltert · 1 establishment unit since 1977
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Wijngaardstraat(KE) 329451 HaaltertGround area
1,935 m²
Building footprint
629 m²
Volume, LiDAR
2,781 m³
2 parcels, Flanders · tallest building 9.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Wijngaardstraat(KE) 20, 9451 Haaltert
since 19772.013.492.643
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41033B0744/00L000 | Flanders | 1,083 m² | 1 · 481 m² | 6.2 m · 1 fl. |
| 41033B0731/00E000 | Flanders | 853 m² | 1 · 148 m² | 9.1 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
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
RODALIGHT – NEWLIGHTS
BE 0427.916.587
Evere · Eq €40,803
BEPASA
BE 0680.759.856
Mons · Eq €40,266
TRADING PARTNERS INTERNATIONAL
BE 0473.462.245
Schilde · Eq €40,204
LightforPro
BE 0783.263.419
Lasne · Eq €39,933
luminelec
BE 0894.234.783
Wavre · Eq €39,211
Of 766 companies in sector 47552 we hold annual accounts for 444. 307 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded01-04-1977
Fiscal year end31-12
Activities, NACEBEL 2025
47552Retail sale of lighting equipment
46494Wholesale of non-electrical household articles
47540Retail sale of electrical household appliances
Sources
Crossroads Bank for EnterprisesNational Bank · 49 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.