BRAS CONSTRUCT
Annual accounts 2025
micro format, filed on 26-02-2026, 26 days late€125,082
▼ 53.9%
€2,249
▼ 52.9%
€8,855
▼ 19.5%
€10,762
▼ 12.4%
93.9%
▲ 15.3 percentage points
15.05
▲ 10.87
Balance sheet
balance sheet total €138,250 on 30-06-2025What the company ownsHow it is paid for
in euro
in euro
Position in the sector
93.9%
Higher than 95% of 9,462 companies in 2025.
15.05
Higher than 95% of 9,210 companies in 2025.
3.0%
Higher than 38% of 9,282 companies in 2025.
BRAS CONSTRUCT
Middle half of the sector
80% of the sector
Micro accounts in construction of buildings (NACE 41)
Net result: middle half · Equity: top quarter · Balance sheet total: middle half · Working capital: top quarter
Staff
Staff costs divided by the average number of full-time equivalents.
people who joined
people who left
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||||||||
20/58 |
138,250 | 159,981 | 168,752 | 169,110 | 150,503 | 129,526 | 139,390 | 139,915 | 117,469 | 96,358 | 126,925 | 118,499 | |
21/28 |
10,835 | 16,318 | 21,325 | 25,772 | 5,826 | 10,124 | 21,087 | 32,050 | 34,901 | 16,423 | 25,541 | 19,400 | |
21 |
- | - | - | - | 880 | 2,388 | 3,897 | 5,405 | 8,422 | 9,930 | 16,364 | 18,522 | |
22/27 |
10,835 | 16,318 | 21,325 | 25,772 | 4,946 | 7,736 | 17,191 | 26,645 | 26,480 | 6,493 | 9,176 | 877 | |
23 |
830 | 1,512 | 791 | - | - | - | - | - | - | 294 | 912 | 877 | |
24 |
10,005 | 14,806 | 20,534 | 25,772 | 4,946 | 7,736 | 17,191 | 26,645 | 26,480 | 6,198 | 8,264 | - | |
29/58 |
127,415 | 143,663 | 147,427 | 143,339 | 144,677 | 119,402 | 118,303 | 107,865 | 82,568 | 79,935 | 101,384 | 99,099 | |
40/41 |
88,376 | 98,909 | 77,896 | 96,861 | 82,288 | 87,561 | 82,841 | 78,152 | 56,316 | 55,028 | 44,679 | 31,466 | |
40 |
9,023 | 21,819 | 2,870 | 17,949 | 6,829 | 10,041 | 7,860 | 8,182 | 12,628 | 31,159 | 32,869 | 22,060 | |
41 |
79,353 | 77,090 | 75,026 | 78,911 | 75,459 | 77,520 | 74,981 | 69,970 | 43,688 | 23,869 | 11,810 | 9,406 | |
54/58 |
37,977 | 42,870 | 67,990 | 45,108 | 60,982 | 29,642 | 34,877 | 29,050 | 25,562 | 24,726 | 54,864 | 67,474 | |
490/1 |
1,062 | 1,884 | 1,541 | 1,370 | 1,406 | 2,199 | 585 | 662 | 690 | 181 | 1,842 | 160 | |
| Balance sheet: equity and liabilities | |||||||||||||
10/49 |
138,250 | 159,981 | 168,752 | 169,110 | 150,503 | 129,526 | 139,390 | 139,915 | 117,469 | 96,358 | 126,925 | 118,499 | |
10/15 |
129,783 | 125,626 | 119,571 | 110,466 | 90,894 | 66,720 | 64,233 | 62,365 | 47,825 | 50,041 | 47,722 | 35,063 | |
10/11 |
12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | |
100 |
- | - | - | - | - | - | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | |
101 |
- | - | - | - | - | - | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | |
13 |
10,860 | 10,860 | 10,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,766 | 1,133 | |
130/1 |
- | - | 1,860 | 1,860 | 1,860 | 1,860 | - | - | - | - | - | - | |
130 |
- | - | - | - | - | - | 1,860 | 1,860 | 1,860 | 1,860 | 1,766 | 1,133 | |
1311 |
- | - | 1,860 | 1,860 | 1,860 | 1,860 | - | - | - | - | - | - | |
133 |
10,860 | 10,860 | 9,000 | - | - | - | - | - | - | - | - | - | |
14 |
106,523 | 102,366 | 96,311 | 96,206 | 76,634 | 52,460 | 49,973 | 48,105 | 33,565 | 35,781 | 33,556 | 21,530 | |
17/49 |
8,467 | 34,355 | 49,181 | 58,645 | 59,609 | 62,806 | 75,157 | 77,550 | 69,644 | 46,316 | 79,202 | 83,436 | |
17 |
- | - | - | - | - | - | 3,360 | 7,355 | 15,227 | - | - | - | |
170/4 |
- | - | - | - | - | - | 3,360 | 7,355 | 15,227 | - | - | - | |
42/48 |
8,467 | 34,355 | 49,181 | 58,645 | 59,609 | 62,806 | 71,797 | 70,196 | 54,417 | 46,316 | 79,202 | 83,436 | |
42 |
- | - | - | - | - | 3,360 | 3,995 | 3,956 | 3,879 | - | - | - | |
44 |
1,334 | 12,245 | 40,724 | 47,055 | 43,042 | 42,105 | 42,545 | 40,542 | 44,038 | 38,814 | 42,121 | 56,222 | |
440/4 |
1,334 | 12,245 | 40,724 | 47,055 | 43,042 | 42,105 | 42,545 | 40,542 | 44,038 | 38,814 | 42,121 | 56,222 | |
45 |
1,726 | 7,982 | 8,457 | 11,340 | 16,567 | 10,342 | 18,257 | 18,698 | 6,500 | 7,502 | 27,157 | 21,846 | |
450/3 |
713 | 360 | 1,431 | 1,281 | 8,030 | 4,034 | 11,490 | 12,237 | 347 | 1,269 | 21,007 | 12,900 | |
454/9 |
1,013 | 7,623 | 7,025 | 10,059 | 8,537 | 6,309 | 6,767 | 6,461 | 6,153 | 6,233 | 6,151 | 8,946 | |
47/48 |
5,407 | 14,127 | - | 250 | - | 7,000 | 7,000 | 7,000 | - | - | 9,924 | 5,368 | |
| Income statement | |||||||||||||
70 |
125,082 | 271,588 | 238,716 | 289,847 | 278,623 | 125,990 | 170,431 | 132,958 | 150,654 | - | - | - | |
76A |
- | - | 6,025 | - | - | - | - | - | - | 62 | 500 | 483 | |
9900 |
9,561 | 66,134 | 73,330 | 77,708 | 81,064 | 52,367 | 73,416 | 73,799 | 53,629 | 48,986 | 103,334 | 122,038 | |
62 |
- | 54,341 | 53,442 | 48,902 | 47,400 | 42,275 | 48,317 | 44,584 | 47,387 | 43,383 | 77,370 | 79,420 | |
630 |
6,606 | 6,226 | 5,649 | 6,875 | 5,393 | 10,963 | 10,963 | 13,029 | 9,456 | 2,684 | 5,072 | 8,028 | |
640/8 |
706 | 786 | 4,551 | 851 | 1,139 | 715 | 750 | 1,043 | 961 | 1,084 | 725 | 697 | |
9901 |
2,249 | 4,781 | 9,688 | 21,079 | 27,131 | -1,586 | 13,387 | 15,142 | -4,176 | 1,836 | 20,166 | 33,894 | |
75/76B |
4,337 | 3,786 | 4,639 | 4,359 | 6,639 | 5,729 | 5,695 | 4,860 | 2,161 | 1,123 | 629 | 383 | |
75 |
4,337 | 3,786 | 4,639 | 4,179 | 6,639 | 5,729 | 5,530 | 4,860 | 2,161 | 1,123 | 629 | 383 | |
76B |
- | - | - | 180 | - | - | 165 | - | - | - | - | - | |
65/66B |
1,116 | 354 | 1,329 | 866 | 484 | 164 | 375 | 213 | 201 | 118 | 155 | 229 | |
65 |
165 | 354 | 616 | 866 | 484 | 164 | 199 | 213 | 201 | 118 | 155 | 229 | |
66B |
951 | - | 713 | - | - | - | 176 | - | - | - | - | - | |
9903 |
5,470 | 8,213 | 12,998 | 24,573 | 33,287 | 3,980 | 18,706 | 19,789 | -2,216 | 2,903 | 21,140 | 34,531 | |
67/77 |
1,314 | 2,157 | 3,893 | 5,001 | 9,113 | 1,493 | 6,838 | 7,576 | - | 584 | 8,481 | 11,868 | |
9904 |
4,156 | 6,056 | 9,105 | 19,572 | 24,174 | 2,487 | 11,868 | 12,213 | -2,216 | 2,319 | 12,659 | 22,663 | |
9905 |
4,156 | 6,056 | 9,105 | 19,572 | 24,174 | 2,487 | 11,868 | 12,213 | -2,216 | 2,319 | 12,659 | 22,663 | |
| Appropriation of the result | |||||||||||||
9906 |
106,523 | 102,366 | 105,311 | 96,206 | 76,634 | 52,460 | 59,973 | 58,105 | 33,565 | 35,875 | 34,189 | 22,663 | |
14P |
102,366 | 96,311 | 96,206 | 76,634 | - | - | - | - | - | - | - | - | |
691/2 |
- | - | 9,000 | - | - | - | - | - | - | 94 | 633 | 1,133 | |
6920 |
- | - | - | - | - | - | - | - | - | 94 | 633 | 1,133 | |
6921 |
- | - | 9,000 | - | - | - | - | - | - | - | - | - | |
694/7 |
- | - | - | - | - | - | 10,000 | 10,000 | - | - | - | - | |
694 |
- | - | - | - | - | - | 10,000 | 10,000 | - | - | - | - | |
| Social balance sheet | |||||||||||||
9087 |
- | 0.9 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1.9 | 2 | |
Hours worked1013 |
- | 1,512 | 1,560 | 1,576 | 1,640 | 1,504 | 1,656 | 1,576 | 1,648 | 1,504 | 2,936 | 2,904 | |
| Document | |||||||||||||
The notes to these accounts have 8 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2025 (PDF), filed on 26-02-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank2025 annual accounts filed 26 days after the deadline. Filed on 26 February 2026, deadline 31 January 2026 (7 months after the close on 30 June 2025, Companies Code art. 3:10). Source: NBB, 2026-00047669.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 30-06-2025 | micro format | 26-02-2026 | 2026-00047669 | |
| 30-06-2024 | micro format | 21-02-2025 | 2025-00038875 | |
| 30-06-2023 | micro format | 28-02-2024 | 2024-00037540 | |
| 30-06-2022 | micro format | 24-02-2023 | 2023-00034201 | |
| 30-06-2021 | micro format | 28-02-2022 | 2022-06500280 | |
| 30-06-2020 | micro format | 26-02-2021 | 2021-06400580 | |
| 30-06-2019 | micro format | 28-02-2020 | 2020-06000192 | |
| 30-06-2018 | micro format | 05-02-2019 | 2019-04600400 | |
| 30-06-2016 | full format | 12-06-2017 | 2017-16900291 | |
| 30-06-2015 | full format | 22-11-2016 | 2016-68300479 | |
| 30-06-2014 | full format | 03-03-2015 | 2015-05700085 | |
| 30-06-2013 | full format | 11-07-2014 | 2014-31000215 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 8,855 | 11,007 | 15,337 | 27,954 | 32,524 | 9,378 | 24,350 | 28,171 | 5,280 | 4,519 | 25,238 | 41,922 | ||
| 10,762 | 12,282 | 14,754 | 26,447 | 29,567 | 13,450 | 22,831 | 25,243 | 7,240 | 5,003 | 17,732 | 30,691 | ||
| 1,123 | 1,220 | 1,915 | 26,821 | 1,095 | 0 | 0 | 19,340 | 27,934 | -6,434 | 11,214 | 27,427 | ||
| -4,893 | -25,120 | 22,883 | -15,875 | 31,340 | -5,235 | 5,827 | - | 836 | -30,137 | -12,610 | - | ||
| 118,948 | 109,308 | 98,246 | 84,694 | 85,068 | 56,596 | 46,506 | 37,669 | 28,151 | 33,619 | 22,182 | 15,663 | ||
| 1.8% | 1.8% | 4.1% | 7.3% | 9.7% | -1.3% | 7.9% | 11.4% | -2.8% | - | - | - | ||
| 93.9% | 78.5% | 70.9% | 65.3% | 60.4% | 51.5% | 46.1% | 44.6% | 40.7% | 51.9% | 37.6% | 29.6% | ||
| 15.05 | 4.18 | 3.00 | 2.44 | 2.43 | 1.90 | 1.65 | 1.54 | 1.52 | 1.73 | 1.28 | 1.19 | ||
| 0.07 | 0.27 | 0.41 | 0.53 | 0.66 | 0.94 | 1.17 | 1.24 | 1.46 | 0.93 | 1.66 | 2.38 | ||
| 3.2% | 4.8% | 7.6% | 17.7% | 26.6% | 3.7% | 18.5% | 19.6% | -4.6% | 4.6% | 26.5% | 64.6% | ||
| 3.0% | 3.8% | 5.4% | 11.6% | 16.1% | 1.9% | 8.5% | 8.7% | -1.9% | 2.4% | 10.0% | 19.1% | ||
| 53.64 | 31.07 | 24.90 | 32.30 | - | - | - | - | - | - | - | - | ||
| 26 days | 29 days | 4 days | 23 days | 9 days | 29 days | 17 days | 22 days | 31 days | - | - | - |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Social balance sheet
| Item | 30-06-2024 | 30-06-2023 | 30-06-2022 |
|---|---|---|---|
| Employees at the balance-sheet date | - | 1 | 1 |
| full-time | - | 1 | 1 |
| in full-time equivalents | - | 1 | 1 |
| 0.9 | 1 | 1 | |
| On a permanent contract | - | 1 | 1 |
| Joined | 0 | - | - |
| Left | 1 | - | - |
Source: social balance sheet in the 2022 to 2024 annual accounts
Overdue debts
tax and social security| Item | 30-06-2025 | 30-06-2024 | 30-06-2023 | 30-06-2022 |
|---|---|---|---|---|
| Overdue tax debts | - | €360 | €1,431 | €1,281 |
| Overdue social security (RSZ) debts | - | €4,623 | €4,986 | €6,096 |
Source: notes to the 2022 to 2025 annual accounts (statement of debts)
Investments
fixed assets acquired| Item | 30-06-2025 | 30-06-2024 | 30-06-2023 | 30-06-2022 |
|---|---|---|---|---|
| Tangible fixed assets | €1,123 | €1,220 | €1,915 | €26,821 |
| €6,606 | €6,226 | €5,649 | €6,875 |
Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)
Insights on BRAS CONSTRUCT
The operating result for 2025 is 53% lower than in 2024 and the lowest since 2020. It is the fourth fall in a row.
Debt's share of the balance-sheet total falls from 21.5% to 6.1%. Equity is higher and debt is lower.