BRAIN +
Annual accounts 2025
micro format, filed on 14-07-2026, 17 days before the deadlineTurnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €110,000. Estimated: probably between €89,000 and €150,000.
Balance sheet
balance sheet total €204,534 on 31-12-2025in euro
in euro
Position in the sector
77.7%
Higher than 72% of 21,208 companies in 2025.
3.16
Higher than 60% of 20,571 companies in 2025.
1.6%
Higher than 20% of 20,746 companies in 2025.
Net result: bottom quarter · Equity: top quarter · Balance sheet total: middle half · Working capital: middle half
Staff
Staff costs divided by the average number of full-time equivalents.
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||||||||||||||||
20/58 |
204,534 | 278,351 | 204,891 | 187,405 | 215,429 | 215,245 | 162,736 | 167,636 | 148,695 | 173,104 | 64,996 | 68,830 | 149,185 | 194,244 | 205,118 | 174,853 | 151,079 | 133,877 | 135,070 | 171,211 | |
21/28 |
60,407 | 78,417 | 112,427 | 134,111 | 145,924 | 140,624 | 87,000 | 100,200 | 113,219 | 143,570 | 34,550 | 52,966 | 67,237 | 83,154 | 101,987 | 120,724 | 99,674 | 116,777 | 119,764 | 136,718 | |
22/27 |
44,957 | 62,967 | 105,977 | 127,661 | 144,724 | 139,424 | 85,800 | 99,000 | 113,219 | 143,570 | 34,550 | 52,966 | 64,695 | 80,613 | 99,445 | 118,182 | 97,132 | 114,235 | 117,222 | 136,594 | |
22 |
31,243 | 50,593 | 91,844 | 113,966 | 136,088 | 127,950 | 85,800 | 99,000 | 112,200 | 125,400 | - | - | - | 4,594 | 6,699 | 8,710 | 7,867 | 9,951 | 12,035 | 14,875 | |
23 |
7,306 | 12,374 | 14,134 | 13,695 | 8,636 | 11,474 | - | - | 1,019 | 2,037 | - | - | - | 27,399 | 31,938 | 36,476 | 1,874 | 2,499 | 86 | 172 | |
24 |
6,408 | - | - | - | - | - | - | - | - | 1,133 | 4,550 | 7,966 | 4,695 | 5,991 | 7,521 | 9,052 | 12,790 | 16,527 | 9,185 | 14,974 | |
26 |
- | - | - | - | - | - | - | - | - | 15,000 | 30,000 | 45,000 | 60,000 | 42,629 | 53,286 | 63,944 | 74,601 | 85,258 | 95,916 | 106,573 | |
28 |
15,450 | 15,450 | 6,450 | 6,450 | 1,200 | 1,200 | 1,200 | 1,200 | - | - | - | - | 2,542 | 2,542 | 2,542 | 2,542 | 2,542 | 2,542 | 2,542 | 124 | |
29/58 |
144,127 | 199,935 | 92,464 | 53,294 | 69,505 | 74,621 | 75,736 | 67,436 | 35,477 | 29,534 | 30,447 | 15,864 | 81,948 | 111,090 | 103,131 | 54,129 | 51,405 | 17,100 | 15,306 | 34,493 | |
3 |
10,475 | 5,525 | 6,913 | 6,831 | 4,306 | 1,500 | 1,285 | 1,285 | 4,000 | 5,000 | 15,000 | 15,000 | 15,000 | 15,000 | 15,000 | - | - | - | - | - | |
30/36 |
10,475 | 5,525 | 6,913 | 6,831 | 4,306 | 1,500 | 1,285 | 1,285 | 4,000 | 5,000 | 15,000 | 15,000 | 15,000 | 15,000 | 15,000 | - | - | - | - | - | |
40/41 |
35,719 | 719 | 14,665 | 7,837 | 5,914 | 3,160 | 6,945 | 6,314 | 14,107 | 24,392 | 15,447 | 864 | 3,563 | 42,705 | 63,812 | 37,281 | 21,623 | 17,100 | 15,306 | 11,435 | |
40 |
20,882 | 719 | 14,665 | 2,500 | - | 2,246 | - | 426 | 13,067 | 15,295 | 13,752 | - | 3,137 | 40,531 | 63,812 | 37,281 | 19,816 | 16,253 | 11,461 | 3,334 | |
41 |
14,837 | - | - | 5,337 | 5,914 | 914 | 6,945 | 5,887 | 1,040 | 9,097 | 1,695 | 864 | 426 | 2,174 | - | - | 1,807 | 847 | 3,845 | 8,101 | |
50/53 |
- | - | - | - | - | - | - | - | - | - | - | - | 18,384 | 18,384 | 18,384 | - | - | - | - | - | |
54/58 |
97,933 | 193,690 | 70,518 | 38,626 | 59,286 | 66,531 | 67,506 | 59,837 | 17,370 | 142 | - | - | - | - | - | - | 10,593 | - | - | 13,233 | |
490/1 |
- | - | 368 | - | - | 3,430 | - | - | - | - | - | - | 45,000 | 35,000 | 5,935 | 16,848 | 19,189 | - | - | 9,825 | |
| Balance sheet: equity and liabilities | |||||||||||||||||||||
10/49 |
204,534 | 278,351 | 204,891 | 187,405 | 215,429 | 215,245 | 162,736 | 167,636 | 148,695 | 173,104 | 64,996 | 68,830 | 149,185 | 194,244 | 205,118 | 174,853 | 151,079 | 133,877 | 135,070 | 171,211 | |
10/15 |
158,879 | 155,598 | 122,872 | 98,850 | 101,272 | 85,097 | 51,265 | 36,992 | 16,625 | -143 | -14,950 | -27,343 | -22,681 | 11,469 | 40,482 | 42,714 | 43,384 | 32,925 | 31,846 | 45,114 | |
10/11 |
- | - | - | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 6,197 | 6,197 | 6,197 | |
100 |
- | - | - | - | - | - | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | |
101 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 12,395 | 12,395 | 12,395 | |
13 |
56,516 | 56,516 | 56,516 | 31,516 | 31,516 | 31,516 | 31,516 | 31,516 | 31,516 | 31,516 | 31,516 | 31,516 | 31,516 | 31,516 | 31,516 | 31,516 | 31,516 | 43,911 | 43,911 | 43,911 | |
130/1 |
1,859 | 1,859 | 1,859 | 1,859 | 1,859 | 1,859 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
130 |
- | - | - | - | - | - | 1,859 | 1,859 | 1,859 | 1,859 | 1,859 | 1,859 | 1,859 | 1,859 | 1,859 | 1,859 | 1,859 | 1,859 | 1,859 | 1,859 | |
1311 |
1,859 | 1,859 | 1,859 | 1,859 | 1,859 | 1,859 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
133 |
54,657 | 54,657 | 54,657 | 29,657 | 29,657 | 29,657 | 29,657 | 29,657 | 29,657 | 29,657 | 29,657 | 29,657 | 29,657 | 29,657 | 29,657 | 29,657 | 29,657 | 42,052 | 42,052 | 42,052 | |
14 |
102,362 | 99,082 | 66,355 | 48,742 | 51,163 | 34,989 | 1,156 | -13,117 | -33,484 | -50,251 | -65,058 | -77,451 | -72,790 | -38,639 | -9,626 | -7,394 | -6,724 | -17,183 | -18,262 | -4,994 | |
17/49 |
45,655 | 122,754 | 82,019 | 88,555 | 114,157 | 130,148 | 111,472 | 130,644 | 132,071 | 173,247 | 79,947 | 96,172 | 171,866 | 182,775 | 164,635 | 132,139 | 107,695 | 100,952 | 103,224 | 126,097 | |
17 |
- | 21,683 | 40,323 | 60,897 | 81,346 | 101,416 | 88,799 | 109,327 | 125,215 | 163,042 | 45,479 | 65,322 | 88,473 | 112,481 | 130,917 | 91,991 | 76,770 | 69,403 | 75,590 | 81,139 | |
170/4 |
- | 21,683 | 40,323 | 60,897 | 81,346 | 101,416 | 88,799 | 109,327 | 125,215 | 163,042 | 45,479 | 65,322 | 88,473 | 112,481 | 130,917 | 91,991 | 60,573 | 69,403 | 75,590 | 81,139 | |
178/9 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 16,197 | - | - | - | |
42/48 |
45,655 | 101,070 | 41,696 | 23,952 | 32,812 | 25,096 | 22,673 | 21,317 | 6,855 | 10,205 | 34,468 | 30,851 | 83,393 | 48,531 | 33,719 | 40,148 | 30,925 | 31,549 | 27,634 | 41,751 | |
42 |
5,143 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
43 |
- | - | - | - | - | - | - | - | - | - | - | - | 14,866 | - | - | - | - | 9,842 | - | - | |
430/8 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 9,842 | - | - | |
439 |
- | - | - | - | - | - | - | - | - | - | - | - | 14,866 | - | - | - | - | - | - | - | |
44 |
5,106 | 7,559 | 15,054 | 2,468 | 5,812 | 9,830 | 1,545 | 5,717 | 2,563 | 4,058 | 7,135 | 3,477 | 33,667 | 13,475 | 6,566 | 12,096 | 23,634 | 19,106 | 8,232 | 12,545 | |
440/4 |
5,106 | 7,559 | 15,054 | 2,468 | 5,812 | 9,830 | 1,545 | 5,717 | 2,563 | 4,058 | 7,135 | 3,477 | 33,667 | 13,475 | 6,566 | 12,096 | 23,634 | 19,106 | 8,232 | 12,545 | |
45 |
35,407 | 58,340 | 22,050 | 21,484 | 18,497 | 15,097 | 17,641 | 14,643 | 4,078 | - | 697 | - | - | 14,425 | 22,760 | - | 7,291 | 2,601 | 6,928 | 15,068 | |
450/3 |
35,407 | 58,340 | 19,678 | 21,484 | 16,812 | 15,097 | 17,641 | 14,643 | 4,078 | - | - | - | - | 10,600 | 22,072 | - | 7,291 | 1,918 | 6,928 | 15,068 | |
454/9 |
- | - | 2,372 | - | 1,686 | - | - | - | - | - | 697 | - | - | 3,825 | 688 | - | - | 683 | - | - | |
47/48 |
- | 35,172 | 4,592 | - | 8,502 | 169 | 3,487 | 957 | 214 | 6,147 | 26,636 | 27,374 | 34,859 | 20,631 | 4,393 | 28,052 | - | - | 12,474 | 14,138 | |
492/3 |
- | - | - | 3,706 | - | 3,636 | - | - | - | - | - | - | - | 21,762 | - | - | - | - | - | 3,207 | |
| Income statement | |||||||||||||||||||||
76A |
- | - | - | - | - | - | - | - | - | - | - | - | - | 783 | - | - | - | - | - | - | |
9900 |
32,705 | 173,707 | 82,318 | 54,829 | 52,433 | 70,020 | 43,101 | 56,359 | 65,219 | 48,439 | 40,067 | 18,578 | 85,156 | 52,954 | 85,769 | 86,712 | 78,859 | 45,331 | 21,444 | 39,083 | |
62 |
136 | - | 404 | - | - | - | - | - | 10,961 | - | - | 748 | 23,473 | 51,661 | 47,547 | 48,515 | 43,307 | 11,894 | - | - | |
630 |
26,216 | 24,729 | 27,279 | 26,140 | 22,420 | 19,867 | 13,200 | 14,219 | 30,352 | 26,035 | 18,416 | 18,579 | 16,296 | 18,832 | 18,832 | 21,036 | 17,103 | 17,442 | 18,617 | 20,913 | |
640/8 |
1,157 | 1,872 | 1,990 | 4,659 | 1,093 | 1,331 | 3,000 | 1,542 | 1,561 | 1,299 | 1,796 | 501 | 75,351 | 2,609 | 5,636 | 5,403 | 3,236 | 2,922 | 8,940 | 4,960 | |
9901 |
5,196 | 147,106 | 52,645 | 24,030 | 28,920 | 48,821 | 26,901 | 40,599 | 22,345 | 21,105 | 19,855 | -1,250 | -29,963 | -20,148 | 13,753 | 11,758 | 15,213 | 13,073 | -6,113 | 13,210 | |
75/76B |
571 | 1,187 | 620 | 0 | - | - | 0 | 170 | 6 | 34 | - | - | - | 82 | - | - | - | 24 | - | 9 | |
75 |
571 | 1,187 | 620 | 0 | - | - | 0 | 170 | 6 | 34 | - | - | - | 82 | - | - | - | 24 | - | 9 | |
65/66B |
578 | 4,789 | 3,552 | 3,320 | 4,446 | 3,968 | 552 | 9,836 | 1,506 | 6,332 | 7,462 | 3,412 | 4,187 | 9,730 | 12,290 | 8,754 | 6,561 | 7,865 | 6,426 | 7,683 | |
65 |
578 | 4,789 | 3,552 | 3,320 | 4,446 | 3,968 | 552 | 9,836 | 1,506 | 6,332 | 7,462 | 3,412 | 4,187 | 9,730 | 12,290 | 8,754 | 6,561 | 7,865 | 6,426 | 7,683 | |
9903 |
5,189 | 143,504 | 49,713 | 20,710 | 24,474 | 44,853 | 26,349 | 30,932 | 20,845 | 14,808 | 12,392 | -4,661 | -34,150 | -29,013 | 1,463 | 3,004 | 8,652 | 5,232 | -12,539 | 5,536 | |
67/77 |
1,908 | 39,350 | 7,100 | 23,132 | 8,300 | 11,020 | 12,076 | 10,565 | 4,078 | - | - | - | - | - | 3,695 | 3,674 | -1,807 | 4,153 | 729 | 4,399 | |
9904 |
3,281 | 104,155 | 42,613 | -2,422 | 16,174 | 33,833 | 14,273 | 20,367 | 16,767 | 14,808 | 12,392 | -4,661 | -34,150 | -29,013 | -2,232 | -670 | 10,459 | 1,079 | -13,268 | 1,137 | |
9905 |
3,281 | 104,155 | 42,613 | -2,422 | 16,174 | 33,833 | 14,273 | 20,367 | 16,767 | 14,808 | 12,392 | -4,661 | -34,150 | -29,013 | -2,232 | -670 | 10,459 | 1,079 | -13,268 | 1,137 | |
| Appropriation of the result | |||||||||||||||||||||
9906 |
102,362 | 170,510 | 91,355 | 48,742 | 51,163 | 34,989 | 1,156 | -13,117 | -33,484 | -50,251 | -65,058 | -77,451 | -72,790 | -38,639 | -9,626 | -7,394 | -6,724 | -17,183 | -18,262 | -4,994 | |
14P |
99,082 | 66,355 | 48,742 | 51,163 | 34,989 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
691/2 |
- | - | 25,000 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
6921 |
- | - | 25,000 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
694/7 |
- | 71,429 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
694 |
- | 71,429 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
| Social balance sheet | |||||||||||||||||||||
9087 |
- | - | - | - | - | - | - | - | - | - | - | - | 1 | 1 | 1 | 1 | 1 | 1 | - | - | |
Hours worked1013 |
- | - | - | - | - | - | - | - | - | - | - | - | 800 | 800 | 800 | 800 | 800 | 200 | - | - | |
| Document | |||||||||||||||||||||
The accounts for 7 older financial years (1999-2005) were filed as documents without figures as data, scans for example.
The notes to these accounts have 5 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 14-07-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 14-07-2026 | 2026-00290668 | |
| 31-12-2024 | micro format | 28-07-2025 | 2025-00316438 | |
| 31-12-2023 | micro format | 29-07-2024 | 2024-00294533 | |
| 31-12-2022 | micro format | 31-07-2023 | 2023-00292224 | |
| 31-12-2021 | micro format | 20-07-2022 | 2022-20204364 | |
| 31-12-2020 | micro format | 26-07-2021 | 2021-39800265 | |
| 31-12-2019 | micro format | 20-07-2020 | 2020-32300120 | |
| 31-12-2018 | micro format | 29-07-2019 | 2019-39600200 | |
| 31-12-2017 | micro format | 31-07-2018 | 2018-41200258 | |
| 31-12-2016 | micro format | 26-07-2017 | 2017-35800317 | |
| 31-12-2015 | full format | 09-08-2016 | 2016-41900121 | |
| 31-12-2014 | abbreviated format | 17-07-2015 | 2015-31600123 | |
| 31-12-2013 | full format | 16-07-2014 | 2014-30800539 | |
| 31-12-2012 | full format | 19-08-2013 | 2013-43500282 | |
| 31-12-2011 | full format | 25-08-2012 | 2012-51600330 | |
| 31-12-2010 | full format | 15-07-2011 | 2011-29800549 | |
| 31-12-2009 | full format | 18-08-2010 | 2010-43600287 | |
| 31-12-2008 | full format | 17-07-2009 | 2009-44100146 | |
| 31-12-2007 | abbreviated format | 18-07-2008 | 2008-42200073 | |
| 31-12-2006 | abbreviated format | 20-06-2007 | 2007-24200304 | |
| 31-12-2005 | abbreviated format | 18-07-2006 | 2006-48802964 | |
| 31-12-2004 | abbreviated format | 19-07-2005 | 2005-52004376 | |
| 31-12-2003 | abbreviated format | 27-10-2004 | 2004-75603305 | |
| 31-12-2002 | abbreviated format | 27-10-2004 | 2004-75603294 | |
| 31-12-2001 | abbreviated format | 01-10-2002 | 2002-61001721 | |
| 31-12-2000 | abbreviated format | 27-06-2001 | 2001-27702954 | |
| 31-12-1999 | abbreviated format | 08-06-2000 | 2000-19304678 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 31,412 | 171,835 | 79,924 | 50,170 | 51,340 | 68,688 | 40,101 | 54,817 | 52,697 | 47,140 | 38,271 | 17,329 | -13,668 | -1,316 | 32,585 | 32,794 | 32,316 | 30,515 | 12,504 | 34,123 | ||
| 29,496 | 128,884 | 69,892 | 23,719 | 38,594 | 53,700 | 27,473 | 34,586 | 47,119 | 40,843 | 30,809 | 13,918 | -17,855 | -10,181 | 16,600 | 20,366 | 27,562 | 18,521 | 5,349 | 22,050 | ||
| 8,206 | 12,619 | 5,595 | 14,370 | 27,720 | 73,491 | 0 | 1,200 | 0 | 135,056 | 0 | 4,308 | 75,000 | 0 | 95 | 42,086 | 0 | 14,455 | 2,418 | 11,033 | ||
| -95,757 | 123,171 | 31,893 | -20,660 | -7,245 | -976 | 7,669 | 42,467 | 17,228 | - | - | - | - | - | - | - | - | - | - | - | ||
| 98,472 | 98,864 | 50,767 | 29,342 | 36,694 | 49,525 | 53,063 | 46,119 | 28,621 | 19,329 | -4,021 | -14,987 | -1,445 | 62,558 | 69,412 | 13,981 | 20,480 | -14,449 | -12,328 | -7,258 | ||
| 77.7% | 55.9% | 60.0% | 52.7% | 47.0% | 39.5% | 31.5% | 22.1% | 11.2% | -0.1% | -23.0% | -39.7% | -15.2% | 5.9% | 19.7% | 24.4% | 28.7% | 24.6% | 23.6% | 26.3% | ||
| 3.16 | 1.98 | 2.22 | 2.23 | 2.12 | 2.97 | 3.34 | 3.16 | 5.17 | 2.89 | 0.88 | 0.51 | 0.98 | 2.29 | 3.06 | 1.35 | 1.66 | 0.54 | 0.55 | 0.83 | ||
| 2.93 | 1.92 | 2.05 | 1.94 | 1.99 | 2.91 | 3.28 | 3.10 | 4.59 | 2.40 | 0.45 | 0.03 | 0.80 | 1.98 | 2.61 | 1.35 | 1.66 | 0.54 | 0.55 | 0.83 | ||
| 0.29 | 0.79 | 0.67 | 0.90 | 1.13 | 1.53 | 2.17 | 3.53 | 7.94 | - | - | - | - | 15.94 | 4.07 | 3.09 | 2.48 | 3.07 | 3.24 | 2.80 | ||
| 2.1% | 66.9% | 34.7% | -2.4% | 16.0% | 39.8% | 27.8% | 55.1% | 100.9% | - | - | - | - | -253.0% | -5.5% | -1.6% | 24.1% | 3.3% | -41.7% | 2.5% | ||
| 1.6% | 37.4% | 20.8% | -1.3% | 7.5% | 15.7% | 8.8% | 12.1% | 11.3% | 8.6% | 19.1% | -6.8% | -22.9% | -14.9% | -1.1% | -0.4% | 6.9% | 0.8% | -9.8% | 0.7% | ||
| 54.33 | 35.88 | 22.50 | 15.11 | 11.55 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Investments
fixed assets acquired| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | €8,206 | €3,619 | €5,595 | €9,120 | €27,720 |
| Financial fixed assets | - | €9,000 | - | €5,250 | - |
| €26,216 | €24,729 | €27,279 | €26,140 | €22,420 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Insights on BRAIN +
The operating result for 2025 is 96% lower than in 2024 and the lowest since 2014.
Debt's share of the balance-sheet total falls from 44.1% to 22.3%. Equity is higher and debt is lower.