BRAINE LIGHT
ActiveSummary
BRAINE LIGHT has been active since 1991 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €94,781 and a net result of €8,298. Equity is growing by ~9.8% per year across the filed fiscal years. Its solvency ranks better than 36% of 8161 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability72=
Solvency56▲+1
Growth78=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5,000 at 30 days acceptable
Liquidity tight (current ratio 1.17 against 1.14 in 2024; short-term debt: 59.1% and cash: 0.4% of total assets), and 69.3% of the assets are financed with debt.
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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 46
Relative position
BE, all sectors
reference
Wholesale trade (NACE 46)
about 21% more bankruptcies
← 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
30.7%
Return on assets
2.7%
Age of the figures
15 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 20-01-2026, 11 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
11 d early
2024
21 d early
2023
12 d early
2022
5 d early
2021
on the day
2020
32 d early
2019
45 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 18 days before the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today. Usually files around 20 January (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-06-2026 close30-09-2026 today31-01-2027 deadline
History
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Financials · fiscal year 2025, abbreviated schema
Equity
€94,781▲ 9.6%
2024 · €86,484
Total assets
€308,811▲ 6.8%
2024 · €289,191
Net result
€8,298▲ 7.9%
2024 · €7,688
Working capital
€30,396▲ 22.2%
2024 · €24,883
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 46, Wholesale trade, 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
Line20212022202320242025
Operating result€45,727€12,788▼ 72.0%€9,653▼ 24.5%€12,357▲ 28.0%€12,701▲ 2.8%
Net result€40,341within the sector's middle half€6,365within the sector's middle half▼ 84.2%€6,893within the sector's middle half▲ 8.3%€7,688within the sector's middle half▲ 11.5%€8,298within the sector's middle half▲ 7.9%
Equity€65,538below the sector's middle half▲ 160%€71,903below the sector's middle half▲ 9.7%€78,796below the sector's middle half▲ 9.6%€86,484below the sector's middle half▲ 9.8%€94,781within the sector's middle half▲ 9.6%
Total assets€304,930below the sector's middle half▼ 1.3%€283,826below the sector's middle half▼ 6.9%€285,540below the sector's middle half▲ 0.6%€289,191below the sector's middle half▲ 1.3%€308,811below the sector's middle half▲ 6.8%
Debt€208,940▼ 17.5%€181,472▼ 13.1%€176,292▼ 2.9%€172,256▼ 2.3%€183,578▲ 6.6%
Working capital€4,653below the sector's middle half€4,135below the sector's middle half▼ 11.1%€15,104below the sector's middle half▲ 265%€24,883below the sector's middle half▲ 64.7%€30,396within the sector's middle half▲ 22.2%
Solvency21.5%within the sector's middle half▲ 13.3pp25.3%within the sector's middle half▲ 3.8pp27.6%within the sector's middle half▲ 2.3pp29.9%within the sector's middle half▲ 2.3pp30.7%within the sector's middle half▲ 0.8pp
Current ratio1.02below the sector's middle half▲ 0.021.02below the sector's middle half=1.09below the sector's middle half▲ 0.061.14below the sector's middle half▲ 0.061.17within the sector's middle half▲ 0.02
Return on assets (ROA)13.2%above the sector's middle half▲ 15.2pp2.2%within the sector's middle half▼ 11.0pp2.4%within the sector's middle half▲ 0.2pp2.7%within the sector's middle half▲ 0.2pp2.7%within the sector's middle half=
above
within
below
the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 3% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €308,811
Fixed assets
€95,805 ▲ 4.1%
Current assets
€213,006 ▲ 8.0%
Equity and liabilities €308,811
Equity
€94,781 ▲ 9.6%
Provisions
€30,452 =
Debt
€183,578 ▲ 6.6%
Debt's share of the balance-sheet total falls from 59.6% to 59.4%. Equity and debt are higher.
Key figures and ratios
EBITDA
€20,948▲
2024 · €19,868
Cash flow
€16,544▲
2024 · €15,198
Quick ratio
0.28▲
2024 · 0.20
Debt to equity
1.94▼
2024 · 1.99
ROE
8.8%▼
2024 · 8.9%
Interest coverage
31.24▲
2024 · 24.13
Debt ≤ 1 year
€182,610▲
2024 · €172,256
Income taxes
€3,956▲
2024 · €3,901
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 17,040 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 94% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a profit under 5% of the balance sheet
0.5%
went bankrupt
4.9%
stopped otherwise
94%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.4% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 17,040 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €5,991 | €7,390 | €7,486 | €7,511 | €8,246 | ▲ 9.8% |
| Other operating charges640/8 | - | €3,153 | €3,501 | €2,841 | €2,700 | ▼ 5.0% |
| Gross operating margin9900 | €55,782 | €23,331 | €20,641 | €22,709 | €23,648 | ▲ 4.1% |
| Operating profit (loss)9901 | €45,727 | €12,788 | €9,653 | €12,357 | €12,701 | ▲ 2.8% |
| Financial income75/76B | - | €68 | €41 | €55 | €222 | ▲ 305% |
| Recurring financial income75 | €36 | €68 | €41 | €55 | €222 | ▲ 305% |
| Financial charges65/66B | - | €1,590 | €742 | €823 | €671 | ▼ 18.6% |
| Recurring financial charges65 | €1,170 | €1,590 | €742 | €823 | €671 | ▼ 18.6% |
| Profit (loss) for the period before taxes9903 | €44,594 | €11,266 | €8,952 | €11,589 | €12,253 | ▲ 5.7% |
| Income taxes67/77 | €4,252 | €4,900 | €2,059 | €3,901 | €3,956 | ▲ 1.4% |
| Profit (loss) for the period9904 | €40,341 | €6,365 | €6,893 | €7,688 | €8,298 | ▲ 7.9% |
| Profit (loss) for the period to be appropriated9905 | €40,341 | €6,365 | €6,893 | €7,688 | €8,298 | ▲ 7.9% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €304,930 | €283,826 | €285,540 | €289,191 | €308,811 | ▲ 6.8% |
| Fixed assets21/28 | €100,572 | €102,598 | €95,112 | €92,052 | €95,805 | ▲ 4.1% |
| Tangible fixed assets22/27 | €97,872 | €99,898 | €92,412 | €89,352 | €93,105 | ▲ 4.2% |
| Land and buildings22 | - | €86,192 | €80,520 | €79,274 | €84,842 | ▲ 7.0% |
| Plant, machinery and equipment23 | - | €12,367 | €10,707 | €9,046 | €7,386 | ▼ 18.4% |
| Furniture and vehicles24 | - | €1,339 | €1,185 | €1,032 | €878 | ▼ 14.9% |
| Financial fixed assets28 | €2,700 | €2,700 | €2,700 | €2,700 | €2,700 | = |
| Current assets29/58 | €204,358 | €181,228 | €190,428 | €197,139 | €213,006 | ▲ 8.0% |
| Stocks and contracts in progress3 | €164,897 | €154,029 | €154,442 | €162,231 | €161,629 | ▼ 0.4% |
| Stocks30/36 | - | €154,029 | €154,442 | €162,231 | €161,629 | ▼ 0.4% |
| Amounts receivable within one year40/41 | €38,458 | €27,139 | €35,936 | €34,848 | €50,244 | ▲ 44.2% |
| Trade receivables40 | - | €13,400 | €22,647 | €24,357 | €40,215 | ▲ 65.1% |
| Other amounts receivable41 | - | €13,739 | €13,289 | €10,491 | €10,029 | ▼ 4.4% |
| Cash at bank and in hand54/58 | €1,004 | €60 | €50 | €60 | €1,132 | ▲ 1,772% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €304,930 | €283,826 | €285,540 | €289,191 | €308,811 | ▲ 6.8% |
| Equity10/15 | €65,538 | €71,903 | €78,796 | €86,484 | €94,781 | ▲ 9.6% |
| Contributions10/11 | - | €62,000 | €62,000 | €62,000 | €62,000 | = |
| Reserves13 | €3,538 | €9,903 | €16,796 | €24,484 | €32,781 | ▲ 33.9% |
| Distributable reserves133 | - | €9,903 | €16,796 | €24,484 | €32,781 | ▲ 33.9% |
| Profit (loss) carried forward14 | -€30,669 | - | - | - | - | - |
| Provisions and deferred taxes16 | €30,452 | €30,452 | €30,452 | €30,452 | €30,452 | = |
| Deferred taxes168 | - | €30,452 | €30,452 | €30,452 | €30,452 | = |
| Amounts payable17/49 | €208,940 | €181,472 | €176,292 | €172,256 | €183,578 | ▲ 6.6% |
| Amounts payable after more than one year17 | €8,161 | €3,410 | - | - | - | - |
| Financial debts170/4 | - | €3,410 | - | - | - | - |
| Amounts payable within one year42/48 | €199,705 | €177,093 | €175,324 | €172,256 | €182,610 | ▲ 6.0% |
| Current portion of amounts payable after more than one year42 | - | €7,830 | €3,067 | €3,077 | €3,081 | ▲ 0.1% |
| Trade debts44 | €32,265 | €3,085 | €11,523 | €2,443 | €2,803 | ▲ 14.7% |
| Suppliers440/4 | - | €3,085 | €11,523 | €2,443 | €2,803 | ▲ 14.7% |
| Taxes, remuneration and social security45 | - | €1,284 | €15 | €5,197 | €7,737 | ▲ 48.9% |
| Taxes450/3 | - | €1,284 | €15 | €197 | €237 | ▲ 20.2% |
| Remuneration and social security454/9 | - | - | - | €5,000 | €7,500 | ▲ 50.0% |
| Other amounts payable47/48 | - | €164,894 | €160,719 | €161,538 | €168,989 | ▲ 4.6% |
| Accrued charges and deferred income492/3 | - | €968 | €968 | - | €968 | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €40,341 | €6,365 | €6,893 | €7,688 | €8,298 | ▲ 7.9% |
| + Depreciation and write-downs630 | €5,991 | €7,390 | €7,486 | €7,511 | €8,246 | ▲ 9.8% |
| Operating cash flow (approximation) | €46,332 | €13,756 | €14,379 | €15,198 | €16,544 | ▲ 8.9% |
| Investment in fixed assets (approximation) | - | -€9,417 | €0 | -€4,451 | -€12,000 | ▼ 170% |
| Change in cash | - | -€944 | -€10 | €10 | €1,072 | ▲ 10,119% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
20-01
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
10-01
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
19-01
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
26-01
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-01
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
30-06
Financial
Back to profitnet €40,341
Net result €40,341 after 2 loss-making years.
2020
30-12
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2019
17-12
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
02-01
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2017
11-12
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
13-01
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 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
4 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, Bilzen-Hoeselt · 1 establishment unit since 1991
Ground area
5,993 m²
Building footprint
1,488 m²
Parcel 73006G0479/00D000, Flanders · tallest building 0.1 m. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
Bremakker 19, 3740 Bilzen-Hoeselt
since 19912.054.253.726
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 73006G0479/00D000 | Flanders | 5,993 m² | 1 · 1,488 m² | 0.1 m |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 979 companies in sector 46431 we hold annual accounts for 706. 482 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded03-09-1991
Fiscal year end30-06
Activities, NACEBEL 2025
46431Wholesale of electrical household appliances and audio-video equipment
E-invoicing
Reachable via Peppol
Peppol ID
0208:0445020162
Also
9925:BE0445020162
Registered
09-01-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.