Active BE 0841.709.085Public limited company

Brauns Invest

Van Souststraat 254 ·1070 Anderlecht, Belgium· 14 yrs active

Conclusion Checked

Brauns Invest has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.59M and a net result of €2.08M. Equity is growing by ~14.5% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 1.1% (low).

Based on the State Gazette, CBE and 6 annual accounts.

Key figures

Equity	€2.59M
Net result	€2.08M
Active	14 yrs
Board	2

Financial profile 5 of 5 axes measured · computed by Checked

74 / 100

Strong profile, led by profitability.

All 5 axes are computed from data Checked has read.

Health 61

Profitability 100

Solvency 29

Growth 78

Stability 100

Bankruptcy probability (12 mo) Checked model v1 · free

1.1% Low

0%0,5%1,5%4%10%≥25%

How do we compute this?

Risk Assessment rule-based

0 / 100

Low risk

Trust signals 2 signals

Established

Founded in 2011, 14 years in business.

No legal incidents

No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.

Administrative Flags0 events

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Checked score FY 2025 · computed

61 / 100 Healthy

050100

Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

Indicative credit limit

€160k

estimate, not credit advice

Score history

45 2020

43 2021

51 2022

15 2023

39 2024

61 2025

purely financial, excl. current insolvency signals

Score components

Liquidity Current ratio 0.06 (< 1.0) -10

Quick ratio Quick ratio 0.06 (< 0.6) -5

Profitability ROE 80% (≥ 10%) +10

Interest coverage Interest coverage 83.0× (≥ 3×) +8

Profit trend Net profit up YoY +5

Equity growth Equity growing YoY +3

Computed by Checked from the NBB filing for FY 2025. Indicative, not credit advice.

Financial overview14 NBB filings

Annual accounts filed on 22-05-2026 with the NBB · fiscal year 2025 · micro schema

Operating resultNet result

Trajectory (indicative)

Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.

growing Equity: growth of ~14.5%/year over 6 fiscal years, indicative, assuming unchanged policy.

Solid line = filed figures · dashed = extended trend · area = indicative range.

How do we compute this?

The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.

The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.

A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).

EBITDA

€2.95M

+849.9% 20-25

Net profit

€2.08M

+20724.3% 20-25

Cash flow

€2.17M

+1480.7% 20-25

Total assets

€10.39M

+97.3% 20-25

Equity

€2.59M

+411.1% 20-25

Working capital

€-4.56M

-23.1% 20-25

Income taxes

€5k

+313.3% 20-25

Debt

€7.04M

+47.9% 20-25

Debt ≤ 1y

€4.87M

+29.5% 20-25

Debt > 1y

€2.17M

+117.0% 20-25

Current ratio

0.06

+338.1% 20-25

Quick ratio

0.06

+338.1% 20-25

Solvency

24.9%

+159.1% 20-25

Debt / equity

2.72

-71.1% 20-25

ROE

80.4%

+3974.1% 20-25

ROA

20.1%

+10456.4% 20-25

Interest coverage

83.01

+4390.7% 20-25

Figures by fiscal year and ratios

Highlight YoY changes (±10%)

Fiscal year	2025	2024	2023	2022	2021
Deposit	micro schema	micro schema	micro schema	micro schema	micro schema
Revenue	-	-	-	-	-
EBITDA	€2.95M	€311k	€325k	€334k	€330k
Net profit	€2.08M	€10k	€-5k	€150k	€71k
Cash flow	€2.17M	€138k	€123k	€277k	€199k
Staff costs	-	-	-	-	-
Income taxes	-	€5k	€1k	€50k	€24k
Dividends	-	-	-	-	-
Total assets	€10.39M	€5.27M	€5.39M	€3.31M	€3.33M
Equity	€2.59M	€507k	€497k	€502k	€352k
Debt	€7.04M	€4.76M	€4.90M	€2.81M	€2.98M
of which ≤ 1y	€4.87M	€3.76M	€3.69M	€2.43M	€2.44M
of which > 1y	€2.17M	€1.00M	€1.21M	€374k	€538k
Working capital	€-4.56M	€-3.70M	€-3.63M	€-2.29M	€-2.40M
Employees (FTE)	-	-	-	-	-

Ratios (computed)

	2025	2024	2023	2022	2021
Current ratio	0.06	0.01	0.01	0.06	0.01
Quick ratio	0.06	0.01	0.01	0.06	0.01
Working capital ratio	-43.9%	-70.3%	-67.4%	-69.2%	-72.2%
Solvency	24.9%	9.6%	9.2%	15.2%	10.6%
Debt / equity	2.72	9.39	9.85	5.59	8.45
Long-term debt ratio	0.84	1.97	2.43	0.75	1.53
Interest coverage	83.01	1.85	1.61	53.34	3.09
Gross margin	-	-	-	-	-
Net margin	-	-	-	-	-
ROA	20.1%	0.2%	-0.1%	4.5%	2.1%
ROE	80.4%	2.0%	-1.0%	29.8%	20.3%
EBITDA margin	-	-	-	-	-
Days sales outstanding	-	-	-	-	-
Days payable outstanding	-	-	-	-	-
Inventory turnover	-	-	-	-	-
Days inventory (DSI)	-	-	-	-	-

Balance-sheet composition 2025

Assets

Fixed assets €10.08M · 97.0% Current assets €309k · 3.0%

Equity & liabilities

Equity €2.59M · 25.0% Provisions €759k · 7.3% Debt €7.04M · 67.7%

Full annual accounts (25 line items)

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2025	2024	2023	2022	2021
Balance sheet, Assets
TOTAL ASSETS	20/58	€10.39M	€5.27M	€5.39M	€3.31M	€3.33M
Fixed assets	21/28	€10.08M	€5.21M	€5.34M	€3.17M	€3.29M
Tangible fixed assets	22/27	€5.72M	€2.91M	€3.04M	€3.17M	€3.29M
Financial fixed assets	28	€4.36M	€2.30M	€2.30M	-	-
Current assets	29/58	€309k	€54k	€54k	€142k	€36k
Amounts receivable within one year	40/41	€10k	€714	€26k	€129k	€2k
Cash & bank	54/58	€299k	€54k	€29k	€13k	€34k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€10.39M	€5.27M	€5.39M	€3.31M	€3.33M
Equity	10/15	€2.59M	€507k	€497k	€502k	€352k
Contributions / capital	10/11	€62k	€62k	€62k	€62k	€62k
Reserves	13	€2.28M	€6k	€6k	€6k	€6k
Accumulated profits (losses)	14	€246k	€439k	€429k	€434k	€284k
Provisions & deferred taxes	16	€759k	-	-	-	-
Amounts payable	17/49	€7.04M	€4.76M	€4.90M	€2.81M	€2.98M
Amounts payable after one year	17	€2.17M	€1.00M	€1.21M	€374k	€538k
Amounts payable within one year	42/48	€4.87M	€3.76M	€3.69M	€2.43M	€2.44M
Trade debts payable within one year	44	€4k	€16k	€11k	€12k	€14k
Income statement
Gross operating margin	9900	€3.03M	€381k	€392k	€387k	€383k
Operating result	9901	€2.86M	€183k	€197k	€206k	€202k
Financial income	75	€15k	-	-	-	-
Financial charges	65	€36k	€168k	€201k	€6k	€107k
Result before taxes	9903	€2.84M	€15k	€-4k	€200k	€95k
Income taxes	67/77	-	€5k	€1k	€50k	€24k
Net result for the period	9904	€2.08M	€10k	€-5k	€150k	€71k
Result to be appropriated	9905	€-192k	€10k	€-5k	€150k	€71k

Directors & mandates 2 directors

Current directors & mandates

ALVINI Natacha
Director
State Gazette act 23481158 (28-12-2023)

Current
28-12-2023 → present
BRAUNS Pascal
Director
State Gazette act 23481158 (28-12-2023)

Current
28-12-2023 → present

Legal Structure

NACE primary	-
Legal form	Public limited company(014)
Incorporation	12-12-2011
Status	Active
Postal code	1070

Real-estate footprint Source: CBE × cadastre

Brussels 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
21302A0049/00N003	Brussels	4,099 m²	1 · 1,716 m²	10.0 m · 2 fl.

Methodology

via registered seat: 1

1 of 1 parcel with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Updates 11 events

All 17Financial 6Gazette 1Filings 10

Next filing, fiscal year 2026, expected by 31-07-2027

2026

22-05

NBB filing Annual accounts filed

fiscal year 2025 · micro schema

2025

31-12

Financial Highest result since 2020net €2.08M ▲20724%

Operating result €2.86M, net result €2.08M, both a record.

31-12

Financial Equity above €2MEq €2.59M ▲411%

2 profitable years in a row build equity to €2.59M.

04-07

NBB filing Annual accounts filed

fiscal year 2024 · micro schema

2024

31-12

Financial Back to profitnet €10k

Net result €10k after one loss-making year.

31-12

Financial Equity above €500kEq €507k ▲2%

Equity rises from €497k to €507k.

03-07

NBB filing Annual accounts filed

fiscal year 2023 · micro schema

2023

31-12

Financial Weakest financial yearnet €-5k ▼103%

Net result drops to €-5k, the lowest in the series; recovery starts the following year.

28-12

State Gazette act Director changes

Hélène Goret

14-06

NBB filing Annual accounts filed

fiscal year 2022 · micro schema

2022

31-12

Financial Equity above €500kEq €502k ▲42.5%

3 profitable years in a row build equity to €502k.

27-09

NBB filing Annual accounts filed

fiscal year 2021 · micro schema · 58 days late

2021

01-07

NBB filing Annual accounts filed

fiscal year 2020 · micro schema

2020

27-08

NBB filing Annual accounts filed

fiscal year 2019 · micro schema · 27 days late

2019

04-07

NBB filing Annual accounts filed

fiscal year 2018 · micro schema

2018

21-06

NBB filing Annual accounts filed

fiscal year 2017 · micro schema

2017

19-07

NBB filing Annual accounts filed

fiscal year 2016 · micro schema

Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Belgian State Gazette reading coverage 0 of 5 acts read

We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Belgisch Staatsblad, acts 1 acts

All acts · 1 updated 2 years ago

2023

28-12-2023 3 directors appointed Director changes·Hélène Goret

ALVINI Natacha, Bestuurder
BRAUNS Pascal, Bestuurder
SA Holding Family Brauns, Gedelegeerd bestuurder

Notary: Hélène Goret · Overijse

Original publication ↗

Technical details

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Credit advice verdict per customer and amount

Company registry (CBE) Crossroads Bank

Names & trade names

Legal nameFR

Brauns Invest