BRAM'S FOUNDATION
ActiveSummary
BRAM'S FOUNDATION has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €12,825 and a net result of -€7,688. Equity is shrinking by ~6.8% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.2% (very low).
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Signals
This company filed its last 6 accounts on average 139 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (2)
History
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Financials · fiscal year 2025, abbreviated schema
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.
Peer companies
Historical observationOf the 3,592 companies that looked in July 2024 the way this one looks now, 3.0% went bankrupt within 24 months and 87% are still going.
- Micro
- 5 to 10 years old
- solvency 30% or more
- a loss of 10% of the balance sheet or more
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 0.2% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,341 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 3,592 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.
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €19,027 | €45,810 | - | - | €9,612 | - |
| Goods, raw materials, services and sundry goods60/61 | - | €31,548 | - | - | €14,907 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €528 | €665 | €1,755 | €1,272 | €1,502 | ▲ 18.1% |
| Other operating charges640/8 | - | - | €95 | €2,168 | €751 | ▼ 65.4% |
| Gross operating margin9900 | €742 | €14,263 | -€5,469 | -€2,020 | -€5,295 | ▼ 162% |
| Operating profit (loss)9901 | €164 | €13,598 | -€7,319 | -€5,460 | -€7,548 | ▼ 38.2% |
| Financial income75/76B | - | €8 | €0 | €110 | - | - |
| Recurring financial income75 | €2 | €8 | €0 | €110 | - | - |
| Financial charges65/66B | - | €96 | €7 | €124 | €140 | ▲ 13.0% |
| Recurring financial charges65 | €27 | €96 | €7 | €124 | €140 | ▲ 13.0% |
| Profit (loss) for the period before taxes9903 | €138 | €13,509 | -€7,326 | -€5,474 | -€7,688 | ▼ 40.5% |
| Profit (loss) for the period9904 | €138 | €13,509 | -€7,326 | -€5,474 | -€7,688 | ▼ 40.5% |
| Profit (loss) for the period to be appropriated9905 | €138 | €13,509 | -€7,326 | -€5,474 | -€7,688 | ▼ 40.5% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €21,532 | €39,308 | €27,957 | €22,261 | €15,418 | ▼ 30.7% |
| Formation expenses20 | €690 | €460 | €231 | €231 | - | - |
| Fixed assets21/28 | €895 | €932 | €4,863 | €3,592 | €2,320 | ▼ 35.4% |
| Tangible fixed assets22/27 | €895 | €932 | €4,863 | €3,592 | €2,320 | ▼ 35.4% |
| Plant, machinery and equipment23 | - | €932 | €1,001 | €695 | €389 | ▼ 44.1% |
| Furniture and vehicles24 | - | - | €3,862 | €2,897 | €1,931 | ▼ 33.3% |
| Current assets29/58 | €19,948 | €37,916 | €22,863 | €18,439 | €13,098 | ▼ 29.0% |
| Cash at bank and in hand54/58 | €19,948 | €37,916 | €22,863 | €18,439 | €13,098 | ▼ 29.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €21,532 | €39,308 | €27,957 | €22,261 | €15,418 | ▼ 30.7% |
| Equity10/15 | €19,804 | €33,313 | €25,987 | €20,513 | €12,825 | ▼ 37.5% |
| Contributions10/11 | - | €1,950 | €1,950 | €1,950 | €1,950 | = |
| Capital10 | - | €1,950 | €1,950 | €1,950 | €1,950 | = |
| Issued capital100 | - | - | €1,950 | €1,950 | - | - |
| Reserves13 | - | €17,854 | €24,037 | €18,563 | €10,875 | ▼ 41.4% |
| Distributable reserves133 | - | - | €24,037 | €18,563 | - | - |
| Profit (loss) carried forward14 | - | €13,509 | - | - | - | - |
| Amounts payable17/49 | €1,729 | €5,995 | €1,969 | €1,748 | €2,593 | ▲ 48.3% |
| Amounts payable within one year42/48 | €1,729 | €5,995 | €1,969 | €1,748 | €2,593 | ▲ 48.3% |
| Trade debts44 | - | - | - | €479 | - | - |
| Suppliers440/4 | - | - | - | €479 | - | - |
| Other amounts payable47/48 | - | - | €1,969 | €1,269 | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €138 | €13,509 | -€7,326 | -€5,474 | -€7,688 | ▼ 40.5% |
| + Depreciation and write-downs630 | €528 | €665 | €1,755 | €1,272 | €1,502 | ▲ 18.1% |
| Operating cash flow (approximation) | €666 | €14,174 | -€5,571 | -€4,202 | -€6,186 | ▼ 47.2% |
| Investment in fixed assets (approximation) | - | -€702 | -€5,686 | €0 | -€231 | - |
| Change in cash | - | €17,968 | -€15,053 | -€4,423 | -€5,341 | ▼ 20.7% |
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
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Directors · office · real estate
1 establishment unit
2 parcels
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24022D0009/00G000 | Flanders | 828 m² | 1 · 276 m² | 9.6 m · 2 fl. |
| 24041D0433/00C003 | Flanders | 512 m² | 1 · 102 m² | 7.6 m · 2 fl. |
Linked by address, not proof of ownership
Company details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 1 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.