BRAIN E-MANAGEMENT
ActiveSummary
The annual accounts of BRAIN E-MANAGEMENT for financial year 2025 show a net loss of 64% of the equity at the start of that year. The 2025 annual accounts show equity of €5,489 and a net result of -€9,877. Equity fluctuates too strongly from year to year to read a trend from it. The company has been active since 2015 and the Belgian Official Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.3% (very low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 03-02-2015 Normal situation
- Activity
- No activity registered in the KBO
- Establishment unit
- 2.239.612.808 7090 Braine-le-Comte, since 03-02-2015
- Financial year end
- 31 December
- Peppol
- Not found in the Peppol Directory
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.3%
- Gross margin
- €18,317
- ▼ 20.9%
- Turnover
- ≈ €140,000
- estimated
- Loss
- €9,877
- ▲ 76.8%
- Equity
- €5,489
- ▼ 64.3%
- Total assets
- €509,080
- ▼ 3.5%
- 2025 accounts filed 21 days after the deadline
Score breakdownraises riskCapped at 59: a net loss of at least half of total assets or of the equity at the start of the financial yearLast filed accounts filed 21 days late; 1 of the last 3 accounts lateLiquidity: current ratio 0.03, cash €5,816lowers riskSize: total assets €509,080No main activity registeredShow the evidence
Checked score
About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (no NACE code, micro). It does better than 16% of them on solvency, 16% on liquidity, 22% on profitability and 7% on growth.
The bankruptcy probability was computed on 03-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 7 accounts on average 15 days after the deadline. The Belgian median for financial year 2024 was 4 days before the deadline, and 38% of all filings were late.
Searched, nothing found (2)
Financials
Financials · financial year 2025, micro format
2025 annual accounts filed 21 days after the deadline Filed on 21 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00471547.
Annual accounts 2025 filed on 21-08-2026 at the NBB all 11 filings
Every figure per financial year
The operating result for 2025 is a loss of €2,320, after a profit of €2,634 in 2024. It is the lowest result since 2021.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Investments
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | - | €7,091 | - | - | - |
| Depreciation and write-downs of the year | €15,926 | €16,177 | €16,646 | €16,646 | €16,646 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €16,153 | €16,153 | €15,926 | €15,926 | €16,177 | €16,646 | €16,646 | €16,646 | = |
| Other operating charges640/8 | - | - | - | €3,414 | €3,137 | €4,100 | €3,874 | €3,992 | ▲ 3.0% |
| Gross operating margin9900 | €39,640 | €38,855 | €40,161 | €34,391 | €39,554 | €48,342 | €23,154 | €18,317 | ▼ 20.9% |
| Operating profit (loss)9901 | €20,205 | €19,477 | €20,970 | €15,050 | €20,241 | €27,596 | €2,634 | -€2,320 | - |
| Financial income75/76B | - | - | - | - | - | - | €0 | - | - |
| Recurring financial income75 | - | €9 | - | - | - | - | €0 | - | - |
| Financial charges65/66B | - | - | - | €9,060 | €9,509 | €8,874 | €8,220 | €7,557 | ▼ 8.1% |
| Recurring financial charges65 | €15,488 | €14,613 | €13,664 | €9,060 | €9,509 | €8,874 | €8,220 | €7,557 | ▼ 8.1% |
| Profit (loss) for the period before taxes9903 | €4,717 | €4,873 | €7,307 | €5,990 | €10,732 | €18,722 | -€5,586 | -€9,877 | ▼ 76.8% |
| Income taxes67/77 | - | - | - | - | €893 | €5,029 | - | - | - |
| Profit (loss) for the period9904 | €4,717 | €4,873 | €7,307 | €5,990 | €9,838 | €13,694 | -€5,586 | -€9,877 | ▼ 76.8% |
| Profit (loss) for the period to be appropriated9905 | €4,717 | €4,873 | €7,307 | €5,990 | €9,838 | €13,694 | -€5,586 | -€9,877 | ▼ 76.8% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €612,575 | €597,989 | €596,264 | €581,785 | €556,008 | €546,308 | €527,510 | €509,080 | ▼ 3.5% |
| Fixed assets21/28 | €610,146 | €593,993 | €578,067 | €562,140 | €553,055 | €536,409 | €519,763 | €503,117 | ▼ 3.2% |
| Tangible fixed assets22/27 | €610,146 | €593,993 | €578,067 | €562,140 | €553,055 | €536,409 | €519,763 | €503,117 | ▼ 3.2% |
| Land and buildings22 | - | - | - | €562,140 | €553,055 | €536,409 | €519,763 | €503,117 | ▼ 3.2% |
| Current assets29/58 | €2,429 | €3,996 | €18,197 | €19,645 | €2,953 | €9,899 | €7,747 | €5,963 | ▼ 23.0% |
| Amounts receivable within one year40/41 | €948 | - | €12,350 | €13,981 | - | - | €6 | - | - |
| Trade receivables40 | - | - | - | €1,631 | - | - | €6 | - | - |
| Other amounts receivable41 | - | - | - | €12,350 | - | - | - | - | - |
| Cash at bank and in hand54/58 | €1,481 | €3,996 | €5,847 | €5,664 | €2,829 | €9,757 | €7,597 | €5,816 | ▼ 23.4% |
| Deferred charges and accrued income490/1 | - | - | - | - | €124 | €142 | €144 | €148 | ▲ 2.4% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €612,575 | €597,989 | €596,264 | €581,785 | €556,008 | €546,308 | €527,510 | €509,080 | ▼ 3.5% |
| Equity10/15 | -€20,750 | -€15,877 | €3,779 | €9,769 | €7,258 | €20,952 | €15,366 | €5,489 | ▼ 64.3% |
| Contributions10/11 | €6,200 | €6,200 | - | €19,156 | €6,806 | €6,806 | €6,806 | €6,806 | = |
| Reserves13 | €356 | €606 | - | - | - | - | - | - | - |
| Profit (loss) carried forward14 | -€27,306 | -€22,683 | -€15,377 | -€9,387 | €452 | €14,146 | €8,560 | -€1,317 | - |
| Amounts payable17/49 | €633,325 | €613,866 | €592,485 | €572,016 | €548,750 | €525,356 | €512,144 | €503,591 | ▼ 1.7% |
| Amounts payable after more than one year17 | €467,122 | €437,363 | €411,045 | €386,165 | €358,635 | €330,452 | €301,599 | €272,060 | ▼ 9.8% |
| Financial debts170/4 | - | - | - | €386,165 | €358,635 | €330,452 | €301,599 | €272,060 | ▼ 9.8% |
| Amounts payable within one year42/48 | €166,202 | €176,503 | €181,440 | €185,851 | €190,115 | €194,904 | €210,545 | €231,531 | ▲ 10.0% |
| Current portion of amounts payable after more than one year42 | - | - | - | €26,889 | €27,530 | €28,183 | €28,853 | €29,538 | ▲ 2.4% |
| Trade debts44 | €2,334 | - | - | - | - | - | - | €300 | - |
| Suppliers440/4 | - | - | - | - | - | - | - | €300 | - |
| Taxes, remuneration and social security45 | - | - | - | - | €893 | €5,029 | - | - | - |
| Taxes450/3 | - | - | - | - | €893 | €5,029 | - | - | - |
| Other amounts payable47/48 | - | - | - | €158,961 | €161,692 | €161,692 | €181,692 | €201,692 | ▲ 11.0% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €4,717 | €4,873 | €7,307 | €5,990 | €9,838 | €13,694 | -€5,586 | -€9,877 | ▼ 76.8% |
| + Depreciation and write-downs630 | €16,153 | €16,153 | €15,926 | €15,926 | €16,177 | €16,646 | €16,646 | €16,646 | = |
| Operating cash flow (approximation) | €20,869 | €21,025 | €23,233 | €21,916 | €26,015 | €30,340 | €11,060 | €6,769 | ▼ 38.8% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | -€7,091 | €0 | €0 | €0 | - |
| Change in cash | - | €2,515 | €1,851 | -€183 | -€2,835 | €6,928 | -€2,161 | -€1,781 | ▲ 17.6% |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 912 companies had the same profile as BRAIN E-MANAGEMENT has now. Two years later, 95.3% were still going and 2.4% had gone bankrupt.
- Small
- 10 to 20 years old
- solvency under 10%
- a small loss
Another 0.2% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of BRAIN E-MANAGEMENT itself is lower: 0.3% within 12 months. It rests on far more data about BRAIN E-MANAGEMENT than the profile alone.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 912 companies, not a prediction for BRAIN E-MANAGEMENT. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Latest 10 of 11 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 21-08-2026 | 2026-00471547 | |
| 31-12-2024 | micro format | 23-10-2025 | 2025-00550680 | |
| 31-12-2023 | micro format | 28-08-2024 | 2024-00445455 | |
| 31-12-2022 | micro format | 02-08-2023 | 2023-00315350 | |
| 31-12-2021 | micro format | 22-06-2022 | 2022-20097182 | |
| 31-12-2020 | micro format | 12-08-2021 | 2021-49500009 | |
| 31-12-2019 | micro format | 30-07-2020 | 2020-37800504 | |
| 31-12-2018 | micro format | 07-08-2019 | 2019-45600375 | |
| 31-12-2017 | micro format | 02-08-2018 | 2018-43600356 | |
| 31-12-2016 | micro format | 19-07-2017 | 2017-34300588 |
Board & ownership
Directors
Owners and capital
Shareholders
- Jacmin Charlotte to Van De Beek Jasper 50 shares
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| Van De Beek Jasper |
|
| Jacmin Charlotte |
|
Network & group
Companies at the same address
2 other companiesConnections & network
See the function holders in the KBO register.
Timeline
Acts, filings and financial milestones
12-07
Gazette deed
Transfer of 50 sharesResignation: Jacmin Charlotte (director)4 points ▸
- General meeting, 20-06-2022
- Director resignation, Jacmin Charlotte
- Share transfer, Jacmin Charlotte → Van De Beek Jasper
- Director in office, Van De Beek Jasper (director)
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
Invoicing and payment
Financial year and general meeting
Accounts at the NBBSites & property
Buildings and parcels at the address
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 55302B0196/00L000 | Wallonia | 3,891 m² | 1 · 403 m² | 7.9 m · 2 |