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BramBoTech

Active
Private limited companyfounded 2025active for 1 yearVossenbulk 10, 9800 Deinze, BelgiumKBO/BCE: BE 1022.690.301

Financials · financial year 2025, micro format

Annual accounts 2025 filed on 29-04-2026 at the NBB

Turnover
≈ €120,000
Estimated: probably between €87,000 and €190,000
Total assets
€92,380
Net result
€18,032
Working capital
€8,912

Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.

Balance-sheet composition
Assets €92,380
Fixed assets €46,911
Current assets €45,469
Equity and liabilities €92,380
Equity €23,032
Debt €69,348
Debt's share of the balance-sheet total is 75.1%.
Key figures and ratios
2025 value
EBITDA
€26,714
Cash flow
€21,467
Current ratio
1.24
Quick ratio
1.18
Debt to equity
3.01
ROE
78.3%
ROA
19.5%
Interest coverage
45.88
Debt ≤ 1 year
€36,557
Debt > 1 year
€32,791
Income taxes
€4,665

Investments

fixed assets acquired
Item30-09-2025
Tangible fixed assets€50,346
Depreciation and write-downs of the year€3,435

Source: notes to the 2025 annual accounts (statement of fixed assets)

Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 42 lines
Balance sheet Code2025
Assets
Total assets20/58€92,380
Fixed assets21/28€46,911
Tangible fixed assets22/27€46,911
Plant, machinery and equipment23€1,730
Furniture and vehicles24€45,181
Current assets29/58€45,469
Stocks and contracts in progress3€2,326
Stocks30/36€2,326
Amounts receivable within one year40/41€10,396
Trade receivables40€10,396
Cash at bank and in hand54/58€31,475
Deferred charges and accrued income490/1€1,272
Equity and liabilities
Total equity and liabilities10/49€92,380
Equity10/15€23,032
Contributions10/11€5,000
Reserves13€18,000
Distributable reserves133€18,000
Profit (loss) carried forward14€32
Amounts payable17/49€69,348
Amounts payable after more than one year17€32,791
Financial debts170/4€32,791
Amounts payable within one year42/48€36,557
Current portion of amounts payable after more than one year42€8,385
Trade debts44€1,620
Suppliers440/4€1,620
Taxes, remuneration and social security45€6,169
Taxes450/3€6,169
Other amounts payable47/48€20,382
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3,435
Gross operating margin9900€26,714
Operating profit (loss)9901€23,279
Financial income75/76B€1
Recurring financial income75€1
Financial charges65/66B€582
Recurring financial charges65€582
Profit (loss) for the period before taxes9903€22,697
Income taxes67/77€4,665
Profit (loss) for the period9904€18,032
Profit (loss) for the period to be appropriated9905€18,032
Appropriation of the result
Profit (loss) to be appropriated9906€18,032
Transfer to equity691/2€18,000
To other reserves6921€18,000

The notes to these accounts have 6 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 29-04-2026.

Line2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3,435
Gross operating margin9900€26,714
Operating profit (loss)9901€23,279
Financial income75/76B€1
Recurring financial income75€1
Financial charges65/66B€582
Recurring financial charges65€582
Profit (loss) for the period before taxes9903€22,697
Income taxes67/77€4,665
Profit (loss) for the period9904€18,032
Profit (loss) for the period to be appropriated9905€18,032
Line2025
Assets
Total assets20/58€92,380
Fixed assets21/28€46,911
Tangible fixed assets22/27€46,911
Plant, machinery and equipment23€1,730
Furniture and vehicles24€45,181
Current assets29/58€45,469
Stocks and contracts in progress3€2,326
Stocks30/36€2,326
Amounts receivable within one year40/41€10,396
Trade receivables40€10,396
Cash at bank and in hand54/58€31,475
Deferred charges and accrued income490/1€1,272
Equity and liabilities
Total equity and liabilities10/49€92,380
Equity10/15€23,032
Contributions10/11€5,000
Reserves13€18,000
Distributable reserves133€18,000
Profit (loss) carried forward14€32
Amounts payable17/49€69,348
Amounts payable after more than one year17€32,791
Financial debts170/4€32,791
Amounts payable within one year42/48€36,557
Current portion of amounts payable after more than one year42€8,385
Trade debts44€1,620
Suppliers440/4€1,620
Taxes, remuneration and social security45€6,169
Taxes450/3€6,169
Other amounts payable47/48€20,382
Line2025
Profit (loss) for the period9904€18,032
+ Depreciation and write-downs630€3,435
Operating cash flow (approximation)€21,467

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

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Historical observation

In July 2024, 2,390 companies had the same profile as BramBoTech has now. Two years later, 96.7% were still going and 1.2% had gone bankrupt.

  • Micro
  • under 2 years old
  • solvency 10 to 30%
  • a profit of 5% of the balance sheet or more
96.7% was still going
2.0% stopped otherwise
1.2% went bankrupt

Another 0.2% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of BramBoTech itself: 1.0% within 12 months.

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.

The companies in ten equal groups, from the lowest to the highest expected share
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 2,390 companies, not a prediction for BramBoTech. 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.

Filings with the National Bank (1)
Financial year Type Filed Reference Document
30-09-2025 micro format 29-04-2026 2026-00092030 PDF

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