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bravan

Active Private limited companyfounded 2010active for 16 yearsNeerstraat 15, 8810 LichterveldeKBO/BCE: BE 0823.724.394

Lifetime

15 annual accounts with figures on one time axis
peak €71,081 (2019)
€45,393▲ 8.5%
lowest -€6,896 (2014)
€3,592▼ 62.2%
peak €148,629 (2025)
€148,629▲ 2.5%
€133,266▲ 174%
Board2 names since 2010
1 director
Documentsfilings and deeds
22-08-202622 days late
2025micro format
Result from €9,513 to €3,592Debts from €48,688 to €133,266Investments €111,547Cash from €30,954 to €5,855

Key points

from the 2025 annual accounts

Equity

€148,629 ▲ 2.5%

bravan has made a profit without a break since 2018.

Turnover

≈ €380,000 estimated

The micro format states no turnover.

Debts

€133,266 ▲ 174%
Financial debts
+82,400
Suppliers
+524
The rest
+1,654

Debts rose by €84,579 in 2025.

Investments

€111,855 3.1 × depreciation
20212022202320242025

Green is investment, beige is depreciation.

Liquidity

3.06 was 5.00 in 2024

Short-term debts rose from €27,682 to €49,508.

Filings

15 annual accounts since 2011
AprilJune31 JulyOctober201520202025

Nine of the last ten came late. The 2019 accounts came latest: 62 days after the end of the period.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 10,915 companies had the same profile as bravan has now. Each dot stands for 28 companies, two years later.

95.0%
were still trading
4.1%
stopped another way
0.7%
went bankrupt
  • Micro
  • 10 to 20 years old
  • solvency 30% or more
  • a profit under 5% of the balance sheet

Another 0.1% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,762 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 2.9% 3.1%
10 5.6% 6.1%

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 10,915 companies, not a prediction for bravan. 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

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Signals

Board and ownership

Director, since 20-01-2023
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0823724394
Registered office moved from Torhout to Lichtervelde New registered office: Neerstraat 15, 8810 Lichtervelde · Previous registered office: Industrielaan 41/E, 8820 Torhout · Reappointment: (director) · General meeting of 20-01-2023 · Gazette deed
Registered office moved from Lichtervelde to Torhout New registered office: Industrielaan 41 E te 8820 Torhout · Previous registered office: Roeselarebaan 13 te 8810 Lichtervelde · Board meeting of 16-05-2022 · Gazette deed
Registered office moved from Torhout to Lichtervelde New registered office: Roeselarebaan 13 te 8810 Lichtervelde · Previous registered office: Rijksweg 3 te 8820 Torhout · General meeting of 27-10-2016 · Gazette deed
All 28 events

Comparable companies

same main activity, similar in size and age
Company
bravan Lichtervelde €281,895 €45,393 52.7% -
PEVENAGE STEFANO Geraardsbergen €271,067 €44,020 61.0% -
GULPEN Schaerbeek €258,615 €51,642 31.1% -
J & G ALGEMENE KARWEIEN Lokeren €325,841 €46,624 92.3% -
GOBLET ONDERNEMINGEN Linkebeek €332,299 €43,725 45.7% -
GHISLAIN MORAY BOUWONDERNEMING Zelzate €244,387 €47,488 44.6% -
BIRGER MULLIER Moorslede €218,669 €40,821 46.9% -

These companies have the same main activity as bravan: bricklaying and masonry work (NACE 43910). They are comparable in size and age: total assets between €219,000 and €332,000, founded between 2008 and 2010.

Official details

Source: KBO
Status
Active since 04-03-2010Normal situation
Activity
Bricklaying and masonry workNACE 43910and 3 others
Establishment unit
2.185.732.0788810 Lichtervelde, since 08-03-2010
Financial year end
31 December
Peppol
Reachable since 26-09-2024
Company details

Annual accounts 2025

€281,895▲ 45.5%
Filing
Filed on 22-08-2026
Financials

Insights on bravan

bravan files the micro format. That format states no turnover. The gross margin fell from €48,551 in 2011 to €45,393 in 2025.

The balance sheet grew most from 2016 to 2018 through fixed assets, financed with long-term debt.

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 bravan

What is the company number of bravan?
The company number of bravan is 0823.724.394. The VAT number is the same number with BE in front: BE 0823.724.394.
Where is bravan based?
The registered office is at Neerstraat 15, 8810 Lichtervelde.Company details
What does bravan do?
According to the KBO register, the main activity is bricklaying and masonry work (NACE 43910).
What is the legal form of bravan?
bravan is a private limited company (BV).
When was bravan founded?
bravan was founded on 04-03-2010.
Is bravan still active?
Yes, bravan is an active enterprise in the KBO register.
What is the turnover of bravan?
The turnover in financial year 2025 is ≈ €380,000. This figure is estimated from the gross margin of €45,393 and 100 comparable companies (NACE 439). It probably lies between €230,000 and €700,000.Financials
Is bravan profitable?
In financial year 2025, bravan made a profit of €3,592.
Where can I find the annual accounts of bravan?
bravan filed 15 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of bravan due?
bravan must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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