BRAGARD
A bankruptcy procedure is open for BRAGARD according to publications in the Belgian State Gazette. The file additionally contains 1 administrative flag. The 2023 annual accounts show negative equity (€-1.00M) and a net result of €-82k.
| Equity | €-1.00M |
| Net result | €-82k |
| Staff (FTE) | 4 |
| Better than sector | 5% |
Fragile profile, watch health in particular.
Bankruptcy opened
A bankruptcy procedure is already open, a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.
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See plans →| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | -311.0% | 17.8% | |
| Net result | €-82k | €13k | |
| Equity | €-1.00M | €80k | |
| Gross operating margin | €317k | €163k | |
| Staff costs | €338k | €190k |
| Fiscal year | 2023 |
|---|---|
| Revenue | - |
| EBITDA | - |
| Net profit | €-82k |
| Cash flow | - |
| Staff costs | €338k |
| Income taxes | €888 |
| Dividends | - |
| Total assets | €322k |
| Equity | €-1.00M |
| Debt | €1.33M |
| of which ≤ 1y | €1.33M |
| of which > 1y | - |
| Working capital | €-1.00M |
| Employees (FTE) | 4.0 |
| 2023 | |
|---|---|
| Current ratio | 0.24 |
| Quick ratio | 0.24 |
| Working capital ratio | -311.0% |
| Solvency | -311.0% |
| Debt / equity | -1.32 |
| Long-term debt ratio | - |
| Interest coverage | - |
| Gross margin | - |
| Net margin | - |
| ROA | -25.4% |
| ROE | 8.2% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2023 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €322k |
| Current assets | 29/58 | €322k |
| Amounts receivable within one year | 40/41 | €251k |
| Cash & bank | 54/58 | €69k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €322k |
| Equity | 10/15 | €-1.00M |
| Contributions / capital | 10/11 | €70k |
| Reserves | 13 | €32k |
| Accumulated profits (losses) | 14 | €-1.11M |
| Amounts payable | 17/49 | €1.33M |
| Amounts payable within one year | 42/48 | €1.33M |
| Trade debts payable within one year | 44 | €443k |
| Income statement | ||
| Gross operating margin | 9900 | €317k |
| Operating result | 9901 | €-28k |
| Financial income | 75 | €53 |
| Financial charges | 65 | €53k |
| Result before taxes | 9903 | €-81k |
| Income taxes | 67/77 | €888 |
| Net result for the period | 9904 | €-82k |
| Result to be appropriated | 9905 | €-82k |
| Role | Name | Tenure | Source |
|---|---|---|---|
| Curator | MARC-ALAIN SPEIDEL CHAUSSEE DE LOUVAIN 523,
1380 LASNE |
20-03-2025 → present | Belgian State Gazette |
| NACE primary | Retail trade(47716) |
| Legal form | Public limited company(014) |
| Incorporation | 27-07-1994 |
| Status | Active |
| Postal code | - |
| First BS signal | 26-03-2025 |
| Latest BS signal | 26-03-2025 |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
19-12-2024 1 director appointed, 1 resigning
- Paul Gross, Bestuurder
- Guy Boeuf, Bestuurder
Technical details
{
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},
"reason": "de_plein_droit_dissolution",
"subkind": null,
"via_org": null,
"statutory": null,
"compensated": null,
"effective_date": "2024-12-05",
"evidence_quote": "L\u0027assembl\u00E9e g\u00E9n\u00E9rale d\u00E9cide \u00E0 partir de ce jour de mettre fin au mandat de Monsleur Guy Boeuf de son poste d\u0027administrateru",
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{
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"evidence_quote": "L\u0027assembl\u00E9e g\u00E9n\u00E9rale d\u00E9cide \u00E0 partir de ce jour de nommer Monsieur Paul Gross au poste d\u0027administrateur.",
"decharge_status": null,
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}
],
"notary": {
"name": null,
"firm_city": null,
"firm_name": null,
"office_city": null,
"is_associated": false
},
"act_meta": {
"language": "mixed",
"pub_date": "2024-12-19",
"filing_date": "2024-12-05",
"act_kind_objet": "Nomination - D\u00E9mission"
},
"decisions": [
{
"body": "buitengewone_algemene_vergadering",
"date": "2024-10-15",
"unanimous": true
}
],
"is_correction": false,
"subject_company": {
"kbo": "0453.128.471",
"name_full": "BRAGARD",
"legal_form": "SA"
},
"publication_proxy": {
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},
"co_filed_documents": [],
"corrected_publication_numac": null
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameFR | BRAGARD |
- 27-10-2025 Address struck