Summary
BRALING is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €1.6m and a net result of €48,487. Equity is shrinking by ~3.4% per year across the filed fiscal years. Its solvency ranks better than 36% of 5558 sector peers (fiscal year 2025). The company has been active since 1987 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The Checked score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
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Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 01-06-2026, 60 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
60 d early
2024
59 d early
2023
51 d early
2022
53 d early
2021
47 d early
2020
12 d early
2019
23 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 44 days before the deadline; the sector median for financial year 2024 is 14 days before the deadline, and 28% of the sector filed late.
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
26-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, abbreviated schema
In the rankings
#2 oldest company in Brasschaat, Finance and insurance sector
Equity
€1.6m▲ 3.1%
2024 · €1.6m
Net result
€48,487▲ 2,223%
2024 · €2,088
Total assets
€4.5m▼ 9.1%
2024 · €4.9m
Solvency
35.6%▲ 4.2pp
2024 · 31.4%
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€19,405▼ 59.9%€11,005▼ 43.3%-€92,944€4,114€54,752▲ 1,231%
Net result-€86,635-€121,095▼ 39.8%-€94,420▲ 22.0%€2,088€48,487▲ 2,223%
Equity€1.8m▼ 4.7%€1.6m▼ 6.9%€1.5m▼ 5.7%€1.6m▲ 0.1%€1.6m▲ 3.1%
Total assets€4.7m▲ 8.9%€4.7m▲ 0.8%€5.0m▲ 5.2%€4.9m▼ 0.8%€4.5m▼ 9.1%
Debt€2.9m▲ 19.5%€3.0m▲ 5.6%€3.4m▲ 11.3%€3.4m▼ 1.2%€2.9m▼ 14.8%
Working capital-€2.3m▼ 57.6%-€2.7m▼ 16.3%-€3.1m▼ 16.3%-€3.0m▲ 1.3%-€2.5m▲ 16.8%
Solvency37.6%▼ 5.3pp34.7%▼ 2.9pp31.1%▼ 3.6pp31.4%▲ 0.3pp35.6%▲ 4.2pp
Staff (FTE)0.5▼ 54.5%1.1▲ 120%1.5▲ 36.4%1.5=1.5=
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 1,231% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €4.5m
Fixed assets
€4.4m ▼ 10.1%
Current assets
€111,454 ▲ 65.0%
Equity and liabilities €4.5m
Equity
€1.6m ▲ 3.1%
Provisions
€32,329 ▼ 8.5%
Debt
€2.9m ▼ 14.8%
Debt's share of the balance-sheet total falls from 67.9% to 63.6%. Equity is higher and debt is lower.
Key figures and ratios
ROE
3.0%▲
2024 · 0.1%
ROA
1.1%▲
2024 · 0.0%
Debt ≤ 1 year
€2.6m▼
2024 · €3.1m
Debt > 1 year
€201,592▼
2024 · €227,761
Income taxes
€5,299▲
2024 · €1,055
Staff costs
€65,452▼
2024 · €116,329
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €52,696 | €76,880 | €104,489 | €116,329 | €65,452 | ▼ 43.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €132,103 | €139,258 | €138,567 | €137,525 | €91,977 | ▼ 33.1% |
| Other operating charges640/8 | €9,183 | €10,500 | €9,832 | €9,472 | €11,730 | ▲ 23.8% |
| Gross operating margin9900 | €213,385 | €237,643 | €159,944 | €267,440 | €223,911 | ▼ 16.3% |
| Operating profit (loss)9901 | €19,405 | €11,005 | -€92,944 | €4,114 | €54,752 | ▲ 1,231% |
| Financial income75/76B | €0 | €1,492 | €1,325 | €1,139 | €88 | ▼ 92.2% |
| Recurring financial income75 | €0 | €1,492 | €1,325 | €1,139 | €88 | ▼ 92.2% |
| Financial charges65/66B | €108,962 | €136,302 | €5,670 | €5,099 | €4,042 | ▼ 20.7% |
| Recurring financial charges65 | €8,962 | €4,495 | €5,670 | €5,099 | €4,042 | ▼ 20.7% |
| Non-recurring financial charges66B | €100,000 | €131,807 | €0 | - | - | - |
| Profit (loss) for the period before taxes9903 | -€89,558 | -€123,805 | -€97,289 | €154 | €50,799 | ▲ 32,826% |
| Transfer from deferred taxes780 | €2,988 | €2,988 | €2,988 | €2,988 | €2,988 | = |
| Income taxes67/77 | €65 | €278 | €119 | €1,055 | €5,299 | ▲ 402% |
| Profit (loss) for the period9904 | -€86,635 | -€121,095 | -€94,420 | €2,088 | €48,487 | ▲ 2,223% |
| Transfer from tax-exempt reserves789 | €7,113 | €7,113 | €7,113 | €7,113 | €7,113 | = |
| Profit (loss) for the period to be appropriated9905 | -€79,522 | -€113,981 | -€87,307 | €9,201 | €55,601 | ▲ 504% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €4.7m | €4.7m | €5.0m | €4.9m | €4.5m | ▼ 9.1% |
| Fixed assets21/28 | €4.5m | €4.7m | €4.9m | €4.9m | €4.4m | ▼ 10.1% |
| Tangible fixed assets22/27 | €3.3m | €3.3m | €3.1m | €3.1m | €3.0m | ▼ 2.6% |
| Land and buildings22 | €3.3m | €3.2m | €3.1m | €3.0m | €2.9m | ▼ 2.7% |
| Plant, machinery and equipment23 | €12,880 | €9,945 | €7,169 | €25,976 | €27,589 | ▲ 6.2% |
| Furniture and vehicles24 | €19,613 | €15,044 | €10,586 | €7,244 | €10,075 | ▲ 39.1% |
| Other tangible fixed assets26 | €1,026 | €23,452 | €22,242 | €21,032 | €19,822 | ▼ 5.8% |
| Financial fixed assets28 | €1.2m | €1.4m | €1.8m | €1.8m | €1.4m | ▼ 22.8% |
| Current assets29/58 | €148,376 | €73,885 | €47,722 | €67,544 | €111,454 | ▲ 65.0% |
| Amounts receivable within one year40/41 | €76,626 | €45,283 | €15,807 | €47,983 | €15,378 | ▼ 68.0% |
| Trade receivables40 | €11,018 | €11,412 | €12,677 | €44,420 | €13,325 | ▼ 70.0% |
| Other amounts receivable41 | €65,608 | €33,871 | €3,130 | €3,564 | €2,053 | ▼ 42.4% |
| Cash at bank and in hand54/58 | €30,775 | €21,571 | €20,519 | €10,331 | €84,299 | ▲ 716% |
| Deferred charges and accrued income490/1 | €40,974 | €7,031 | €11,396 | €9,230 | €11,778 | ▲ 27.6% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €4.7m | €4.7m | €5.0m | €4.9m | €4.5m | ▼ 9.1% |
| Equity10/15 | €1.8m | €1.6m | €1.5m | €1.6m | €1.6m | ▲ 3.1% |
| Contributions10/11 | €991,574 | €991,574 | €991,574 | €991,574 | €991,574 | = |
| Capital10 | €991,574 | €991,574 | €991,574 | €991,574 | €991,574 | = |
| Issued capital100 | €991,574 | €991,574 | €991,574 | €991,574 | €991,574 | = |
| Reserves13 | €773,441 | €652,347 | €557,926 | €560,014 | €608,501 | ▲ 8.7% |
| Non-distributable reserves130/1 | €37,000 | €37,000 | €37,000 | €46,201 | €50,201 | ▲ 8.7% |
| Legal reserve130 | €37,000 | €37,000 | €37,000 | €46,201 | €50,201 | ▲ 8.7% |
| Tax-exempt reserves132 | €105,418 | €98,305 | €91,192 | €84,078 | €76,965 | ▼ 8.5% |
| Distributable reserves133 | €631,023 | €517,041 | €429,735 | €429,735 | €481,335 | ▲ 12.0% |
| Provisions and deferred taxes16 | €44,281 | €41,293 | €38,305 | €35,317 | €32,329 | ▼ 8.5% |
| Deferred taxes168 | €44,281 | €41,293 | €38,305 | €35,317 | €32,329 | ▼ 8.5% |
| Amounts payable17/49 | €2.9m | €3.0m | €3.4m | €3.4m | €2.9m | ▼ 14.8% |
| Amounts payable after more than one year17 | €450,731 | €315,910 | €253,624 | €227,761 | €201,592 | ▼ 11.5% |
| Financial debts170/4 | €450,731 | €315,910 | €253,624 | €227,761 | €201,592 | ▼ 11.5% |
| Amounts payable within one year42/48 | €2.4m | €2.7m | €3.1m | €3.1m | €2.6m | ▼ 15.0% |
| Current portion of amounts payable after more than one year42 | €133,608 | €134,821 | €62,286 | €23,747 | €24,053 | ▲ 1.3% |
| Financial debts43 | €7,520 | €0 | €20 | €311 | €1,374 | ▲ 342% |
| Credit institutions430/8 | €7,520 | €0 | €20 | €292 | €1,374 | ▲ 370% |
| Other loans439 | - | - | - | €19 | €0 | ▼ 100% |
| Trade debts44 | €11,492 | €8,776 | €8,970 | €13,329 | €29,023 | ▲ 118% |
| Suppliers440/4 | €11,492 | €8,776 | €8,970 | €13,329 | €29,023 | ▲ 118% |
| Taxes, remuneration and social security45 | €4,684 | €9,048 | €10,840 | €10,369 | €48,962 | ▲ 372% |
| Taxes450/3 | €0 | €1,533 | €2,246 | €1,055 | €43,229 | ▲ 3,999% |
| Remuneration and social security454/9 | €4,684 | €7,516 | €8,594 | €9,314 | €5,733 | ▼ 38.5% |
| Other amounts payable47/48 | €2.3m | €2.6m | €3.1m | €3.1m | €2.5m | ▼ 17.0% |
| Accrued charges and deferred income492/3 | €4,076 | €4,244 | €4,244 | €10,028 | €7,494 | ▼ 25.3% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€86,635 | -€121,095 | -€94,420 | €2,088 | €48,487 | ▲ 2,223% |
| + Depreciation and write-downs630 | €132,103 | €139,258 | €138,567 | €137,525 | €91,977 | ▼ 33.1% |
| Operating cash flow (approximation) | €45,467 | €18,163 | €44,147 | €139,613 | €140,465 | ▲ 0.6% |
| Investment in fixed assets (approximation) | - | -€251,979 | -€410,587 | -€76,561 | €402,236 | ▲ 625% |
| Change in cash | - | -€9,204 | -€1,052 | -€10,188 | €73,968 | ▲ 826% |
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
01-06
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Highest result since 2018net €48,487 ▲2,223%
Net result €48,487, the highest in the series.
02-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Back to profitnet €2,088
Net result €2,088 after 3 loss-making years.
10-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
08-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
14-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
19-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Back to profitnet €23,679
Net result €23,679 after one loss-making year.
08-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Weakest financial yearnet -€135,520
Net result drops to -€135,520, the lowest in the series; recovery starts the following year.
06-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
24-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
06-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 10 acts read
About the unread acts
We know of 10 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
10 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, Brasschaat · 1 establishment unit since 1988
Ground area
1,328 m²
Building footprint
556 m²
Volume, LiDAR
3,775 m³
Parcel 11008A0317/00K000, Flanders · tallest building 10.7 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
BRALING
since 19882.034.989.724
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11008A0317/00K000 | Flanders | 1,328 m² | 1 · 556 m² | 10.7 m · 2 fl. |
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.
Public money · subsidies and aid
Flemish government
2022 · 1 entry · 1,333 EUR awarded · 1,333 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 1 | 1,333 EUR | 1,333 EUR |
Schemes
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Of 24,729 companies in sector 64210 we hold annual accounts for 19,771. 11,570 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded01-12-1987
Fiscal year end31-12
Activities, NACEBEL 2025
64210Activities of holding companies
68201Renting and operating of own or leased residential real estate, excluding social housing
70200Business and other management consultancy
Scores and ratios are computed by Checked and are not a credit decision.