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BRAVO

Active Risk: moderate
General partnershipfounded 2018active for 8 yearsBokslaarstraat 86, 9160 Lokeren, BelgiumKBO/BCE: BE 0699.539.749

Financials · financial year 2019, micro format

2020 annual accounts not yet filed, deadline passed on 31 July 2021 The financial year closed on 31 December 2020. The accounts are due at the latest 7 months after the close (Companies Code art. 3:10). 6 financial years without a filing since the last one filed. Source: NBB filings, as of 1 November 2026.

Annual accounts 2019 filed on 04-08-2020 PDF all 2 filings

Turnover
≈ €230,000
Estimated: probably between €120,000 and €400,000
Total assets
€41,255▲ 33.7%
2018 · €30,845
Net result
€4,212
2018 · -€3,203
Working capital
-€9,101▼ 17.5%
2018 · -€7,746
Trend over the years

2018 to 2019, 2 financial years

The operating result for 2019 is a profit of €4,116, after a loss of €3,315 in 2018.

Operating result€4,116 2019 Net result€4,212 2019

Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.

Use the arrow keys on the chart for the figures per year.

Every figure with its change against the financial year before
favourable unfavourable
Line20182019
Operating result-€3,315-€4,116
Net result-€3,203-€4,212
Equity-€1,203-€3,010
Total assets€30,845-€41,255▲ 33.7%
Debt€32,048-€38,245▲ 19.3%
Working capital-€7,746--€9,101▼ 17.5%
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
2019 in colour, 2018 as the grey bar beneath
Assets €41,255
Fixed assets €12,111 ▲ 85.1%
Current assets €29,144 ▲ 19.9%
Equity and liabilities €41,255
Equity €3,010
Debt €38,245
Debt's share of the balance-sheet total is 92.7%.
Key figures and ratios
2019 value · change against 2018
EBITDA
€7,199▲
2018 · -€3,088
Cash flow
€7,295▲
2018 · -€2,975
Current ratio
0.76▲
2018 · 0.76
Quick ratio
0.32▼
2018 · 0.45
ROE
140.0%
ROA
10.2%▲
2018 · -10.4%
Debt ≤ 1 year
€38,245▲
2018 · €32,048
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.

Comparable companies

These companies have the same main activity as BRAVO: non-specialised retail sale with food, beverages or tobacco predominating (NACE 47110). They are comparable in size and age: total assets between €38,500 and €49,200, founded between 2017 and 2019.

CompanyFoundedTotal assetsEquityGross marginTurnoverNet resultFinancial year
BRAVO Lokeren2018€41,255€3,010€7,621-€4,2122019
KARUNYA ENTERPRISE Dendermonde2018€42,306€4,180€8,750€330,692€7,7292025
GK & COMPANY Jette2019€40,665€22,772€8,670-€2,3422025
J&J SHINE Jette2019€46,941€10,804€7,706-€3,8052025
LIBAN MARKET Brussel2019€46,464€18,641€6,230-€3,4852025
MILESTONE PRODUCTIONS Brussel2017€38,470-€5,353€5,823-€1742025
Bright Star Poonch Gent2017€49,181€29,233€6,374-€1,9452025

They were chosen from the 5,986 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity

Subsidies and aid

Flemish government

2023 · 1 entry · €2,000 awarded · €2,000 paid
Schemes
1 entry · €2,000 · €2,000 paid · Fonds voor Innoveren en Ondernemen
Annual accounts
Filed annual accounts As filed with the NBB · 2019 against 2018 · 23 lines

Source: Annual accounts 2019 (PDF), filed on 04-08-2020.

Balance sheet Code20182019
Assets
Total assets20/58€30,845€41,255▲
Fixed assets21/28€6,543€12,111▲
Tangible fixed assets22/27€6,543€12,106▲
Financial fixed assets28-€5
Current assets29/58€24,302€29,144▲
Stocks and contracts in progress3€9,820€16,948▲
Amounts receivable within one year40/41€9,832€7,000▼
Cash at bank and in hand54/58€4,650€5,197▲
Equity and liabilities
Total equity and liabilities10/49€30,845€41,255▲
Equity10/15-€1,203€3,010▲
Contributions10/11€2,000€2,000=
Profit (loss) carried forward14-€3,203€1,010▲
Amounts payable17/49€32,048€38,245▲
Amounts payable within one year42/48€32,048€38,245▲
Trade debts44€48€1,506▲
Income statement Code20182019
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€228€3,083▲
Gross operating margin9900-€2,740€7,621▲
Operating profit (loss)9901-€3,315€4,116▲
Recurring financial income75€117€105▼
Recurring financial charges65€4€9▲
Profit (loss) for the period before taxes9903-€3,203€4,212▲
Profit (loss) for the period9904-€3,203€4,212▲
Profit (loss) for the period to be appropriated9905-€3,203€4,212▲
Line20182019Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€228€3,083▲ 14×
Gross operating margin9900-€2,740€7,621-
Operating profit (loss)9901-€3,315€4,116-
Recurring financial income75€117€105▼ 9.9%
Recurring financial charges65€4€9▲ 107%
Profit (loss) for the period before taxes9903-€3,203€4,212-
Profit (loss) for the period9904-€3,203€4,212-
Profit (loss) for the period to be appropriated9905-€3,203€4,212-
Line20182019Change
Assets
Total assets20/58€30,845€41,255▲ 33.7%
Fixed assets21/28€6,543€12,111▲ 85.1%
Tangible fixed assets22/27€6,543€12,106▲ 85.0%
Financial fixed assets28-€5-
Current assets29/58€24,302€29,144▲ 19.9%
Stocks and contracts in progress3€9,820€16,948▲ 72.6%
Amounts receivable within one year40/41€9,832€7,000▼ 28.8%
Cash at bank and in hand54/58€4,650€5,197▲ 11.8%
Equity and liabilities
Total equity and liabilities10/49€30,845€41,255▲ 33.7%
Equity10/15-€1,203€3,010-
Contributions10/11€2,000€2,000=
Profit (loss) carried forward14-€3,203€1,010-
Amounts payable17/49€32,048€38,245▲ 19.3%
Amounts payable within one year42/48€32,048€38,245▲ 19.3%
Trade debts44€48€1,506▲ 32×
Line20182019Change
Profit (loss) for the period9904-€3,203€4,212-
+ Depreciation and write-downs630€228€3,083▲ 14×
Operating cash flow (approximation)-€2,975€7,295-
Investment in fixed assets (approximation)--€8,651-
Change in cash-€547-

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

Download as CSV

Filings with the National Bank (2)
Financial year Type Filed Reference Document
31-12-2019 micro format 04-08-2020 2020-39100038 PDF
31-12-2018 micro format 08-08-2019 2019-44800541 PDF

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