Result
€73,196 €73,196
Back in profit in 2025, after a loss of €2,075 in 2024.
BRANON
Lifetime
13 annual accounts with figures on one time axispeak €329,272 (2015)
-€45,557▼ €66,593
lowest -€87,939 (2019)
€73,196▲ €75,271
peak €764,304 (2018)
€597,434▲ 14.0%
€141,680▼ 20.0%
Board3 names since 2021
3 directorsVERCRUYSSE Ulrik Eloi Maria Louisa and 2 others
Documentsfilings and deeds
28-08-202628 days late
2025micro format
Gross margin from €21,036 to -€45,557Back to profit: €73,196Appointment: Els Bormans (director) 14-07Equity from €524,238 to €597,434Debts from €176,995 to €141,680Investments €100,536
Key points
from the 2025 annual accountsFilings
13 annual accounts since 2013
Three of the last ten came late. The 2022 accounts came latest: 30 days after the end of the period.
Position in the sector
€597,434
More equity than 90% of companies in head offices and management consultancy. Sector median €78,216 · 39,396 companies.
Turnover not published (micro format)
Checked score
93
Excellent
Financially stronger than 48% of micro companies in head offices and management consultancy (NACE 70)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 48,570 companies (NACE 70, micro).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: < 0.1%
01-2025: < 0.1%● unchanged vs 12-2024lowest value
02-2025: < 0.1%● unchanged vs 01-2025
03-2025: < 0.1%● unchanged vs 02-2025
04-2025: < 0.1%● unchanged vs 03-2025
05-2025: < 0.1%● unchanged vs 04-2025
06-2025: < 0.1%● unchanged vs 05-2025
07-2025: < 0.1%● unchanged vs 06-2025
08-2025: 0.1%▲ +0.1 percentage points vs 07-2025
09-2025: 0.1%● unchanged vs 08-2025
10-2025: 0.1%● unchanged vs 09-2025
11-2025: 0.1%● unchanged vs 10-2025
12-2025: 0.1%● unchanged vs 11-2025
01-2026: 0.1%● unchanged vs 12-2025
02-2026: 0.1%● unchanged vs 01-2026
03-2026: 0.1%● unchanged vs 02-2026
04-2026: 0.1%● unchanged vs 03-2026
05-2026: 0.1%● unchanged vs 04-2026
06-2026: 0.1%● unchanged vs 05-2026
07-2026: 0.1%● unchanged vs 06-2026
08-2026: 0.3%▲ +0.2 percentage points vs 07-2026highest value
09-2026: < 0.1%▼ -0.3 percentage points vs 08-2026
10-2026: < 0.1%● unchanged vs 09-2026
11-2026: < 0.1%● unchanged vs 10-2026
Financial strengthAverage
Score breakdown
raises risk
Liquidity: current ratio 3.56, cash €9,129
lowers risk
Size: total assets €739,114
Figures for financial year 2025 (filed on 28-08-2026)
Equity €597,434 (80.8% of total assets)
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 (NACE 70, micro). It does better than 86% of them on solvency, 27% on liquidity, 16% on profitability and 61% on growth.
The bankruptcy probability was computed on 09-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
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).
Comparable companies, two years later
In July 2024, 17,811 companies had the same profile as BRANON has now. Each dot stands for 45 companies, two years later.
96.5%
were still trading
3.2%
stopped another way
0.3%
went bankrupt
That fits the bankruptcy probability of BRANON itself: < 0.1% within 12 months.
Test of the method
The method was tested on the 497,447 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 17,811 companies, not a prediction for BRANON. 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.
Credit verdict
Credit of up to €55,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 3.56 (3.32 in 2024), above the usual 1.5. Short-term debt is 16.8% and cash 1.2% of total assets. 19.2% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises risk
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €597,434
raises risk · 2025 accounts filed 28 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filingsDeviation from the deadline
2025
28 days late
2024
on the day
2023
2 days early
2022
30 days late
2021
19 days early
2020
12 days late
2019
29 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 3 days after the deadline. In the sector (NACE 70), the median for financial year 2024 was 9 days before the deadline, and 32% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 31 July (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Appointment: Els Bormans (director)
General meeting of 03-06-2025 · Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0525948945
Change of role: VERCRUYSSE Ulrik Eloi Maria Louisa, from manager to director
Appointment: BORMANS Els Yvonne Karel (alternate director) · Director discharge: VERCRUYSSE Ulrik Eloi Maria Louisa · General meeting of 17-10-2023 · Gazette deed
Incorporation
published on 15-04-2013 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| BRANON Vorselaar | €739,114 | -€45,557 | 80.8% | - |
| ROMI Antwerp | €780,972 | -€34,039 | -53.5% | - |
| FJW Schoten | €747,996 | -€7,910 | 83.0% | - |
| Park West Antwerp | €811,827 | -€47,308 | 28.6% | - |
| PRETPRATERS Zandhoven | €772,408 | -€5,409 | 98.5% | - |
| BOX COM CONSULTANCY Kalmthout | €800,235 | -€86 | 43.7% | 1 |
| KAFEI Lier | €811,603 | -€11,070 | 95.0% | - |
These companies have the same main activity as BRANON: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €748,000 and €812,000, founded between 2012 and 2014.
Official details
Source: KBO- Status
- Active since 11-04-2013Normal situation
- Activity
- Business and other management consultancyNACE 70200
- Establishment unit
- 2.218.762.9542290 Vorselaar, since 11-04-2013
- Financial year end
- 31 December
- Peppol
- Reachable since 15-06-2025
Insights on BRANON
BRANON files the micro format. That format states no turnover. The gross margin fell from €116,315 in 2013 to -€45,557 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about BRANON
- What is the company number of BRANON?
- The company number of BRANON is 0525.948.945. The VAT number is the same number with BE in front: BE 0525.948.945.
- Where is BRANON based?
- The registered office is at Zavelstraat 14, 2290 Vorselaar.Company details
- What does BRANON do?
- According to the KBO register, the main activity is business and other management consultancy (NACE 70200).
- What is the legal form of BRANON?
- BRANON is a private limited company (BV).
- When was BRANON founded?
- BRANON was founded on 11-04-2013.
- Is BRANON still active?
- Yes, BRANON is an active enterprise in the KBO register.
- What is the turnover of BRANON?
- The annual accounts for financial year 2025 state no turnover. The micro format does not require it.Financials
- Is BRANON profitable?
- In financial year 2025, BRANON made a profit of €73,196.
- Where can I find the annual accounts of BRANON?
- BRANON filed 13 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of BRANON due?
- BRANON must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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