BRE - VER
Annual accounts 2025
micro format, filed on 24-07-2026, 7 days before the deadlineTurnover and EBIT margin are not published. The abbreviated or micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €69,000. Estimated: probably between €36,000 and €120,000.
Amounts without an identifiable currency are taken as euros.
Balance sheet
balance sheet total €153,500 on 31-12-2025in euro
in euro
Position in the sector
3.0%
Higher than 14% of 9,456 companies in 2025.
1.19
Higher than 31% of 9,204 companies in 2025.
1.6%
Higher than 33% of 9,276 companies in 2025.
Net result: middle half · Equity: bottom quarter · Balance sheet total: middle half · Working capital: middle half
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 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||||||
20/58 |
153,500 | 104,311 | 98,578 | 107,632 | 65,716 | 60,112 | 7,606 | 9,131 | 9,131 | 8,919 | |
20 |
- | - | - | - | - | - | 0 | 0 | 0 | - | |
21/28 |
15,115 | 17,220 | 24,111 | 11,168 | 17,550 | 23,931 | - | - | - | 293 | |
21 |
- | - | - | - | - | - | 0 | 0 | 0 | - | |
22/27 |
15,115 | 17,220 | 24,111 | 11,168 | 17,550 | 23,931 | - | - | - | 293 | |
22 |
- | - | - | - | - | - | 0 | 0 | 0 | - | |
23 |
15,115 | 17,220 | 19,325 | - | - | - | 0 | 0 | 0 | 293 | |
24 |
- | 0 | 4,786 | 11,168 | 17,550 | 23,931 | 0 | 0 | 0 | - | |
26 |
- | - | - | - | - | - | 0 | 0 | 0 | - | |
27 |
- | - | - | - | - | - | 0 | 0 | 0 | - | |
28 |
- | - | - | - | - | - | 0 | 0 | 0 | - | |
29/58 |
138,386 | 87,092 | 74,467 | 96,464 | 48,166 | 36,181 | 7,606 | 9,131 | 9,131 | 8,626 | |
290 |
- | - | - | - | - | - | 0 | 0 | 0 | - | |
291 |
- | - | - | - | - | - | 0 | 0 | 0 | - | |
3 |
38,522 | 15,025 | 15,025 | 4,173 | - | - | 0 | 0 | 0 | - | |
30/36 |
22,839 | 15,025 | 15,025 | 4,173 | - | - | 0 | 0 | 0 | - | |
37 |
15,684 | - | - | - | - | - | 0 | 0 | 0 | - | |
40/41 |
90,293 | 51,003 | 54,826 | 61,080 | 19,391 | 14,865 | - | 9,098 | 9,098 | 8,581 | |
40 |
85,850 | 39,661 | 40,486 | 53,837 | 12,342 | 9,069 | 0 | 0 | 0 | - | |
41 |
4,443 | 11,342 | 14,340 | 7,242 | 7,049 | 5,796 | 0 | 9,098 | 9,098 | 8,581 | |
50/53 |
- | - | - | - | - | - | 0 | 0 | 0 | - | |
54/58 |
7,090 | 20,345 | 1,330 | 23,738 | 25,866 | 19,842 | 7,606 | 33 | 33 | 45 | |
490/1 |
2,480 | 718 | 3,286 | 7,474 | 2,909 | 1,474 | 0 | 0 | 0 | - | |
| Balance sheet: equity and liabilities | |||||||||||
10/49 |
153,500 | 104,311 | 98,578 | 107,632 | 65,716 | 60,112 | 7,606 | 9,131 | 9,131 | 8,919 | |
10/15 |
4,579 | 2,116 | 23,266 | 37,531 | 24,244 | 18,237 | -3,986 | -30,163 | -27,918 | -23,641 | |
10/11 |
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 | |
101 |
- | - | - | - | - | - | 6,200 | 6,200 | 6,200 | 6,200 | |
11 |
- | - | - | - | - | - | 0 | 0 | 0 | - | |
1100/10 |
- | - | - | - | - | - | 0 | 0 | 0 | - | |
12 |
- | - | - | - | - | - | 0 | 0 | 0 | - | |
13 |
25,131 | 25,131 | 25,131 | 25,131 | 11,844 | 5,837 | - | - | - | - | |
130 |
- | - | - | - | - | - | 0 | 0 | 0 | - | |
1312 |
- | - | - | - | - | - | 0 | 0 | 0 | - | |
1319 |
- | - | - | - | - | - | 0 | 0 | 0 | - | |
132 |
- | - | - | - | - | - | 0 | 0 | 0 | - | |
133 |
25,131 | 25,131 | 25,131 | 25,131 | 11,844 | 5,837 | 0 | 0 | 0 | - | |
14 |
-32,952 | -35,414 | -14,265 | - | - | - | -16,386 | -42,563 | -40,318 | -36,041 | |
15 |
- | - | - | - | - | - | 0 | 0 | 0 | - | |
160/5 |
- | - | - | - | - | - | 0 | 0 | 0 | - | |
160 |
- | - | - | - | - | - | 0 | 0 | 0 | - | |
161 |
- | - | - | - | - | - | 0 | 0 | 0 | - | |
162 |
- | - | - | - | - | - | 0 | 0 | 0 | - | |
163 |
- | - | - | - | - | - | 0 | 0 | 0 | - | |
164/5 |
- | - | - | - | - | - | 0 | 0 | 0 | - | |
168 |
- | - | - | - | - | - | 0 | 0 | 0 | - | |
17/49 |
148,921 | 102,195 | 75,313 | 70,102 | 41,472 | 41,875 | 11,593 | 39,294 | 37,049 | 32,560 | |
17 |
31,299 | 31,299 | 31,299 | 31,299 | 31,299 | 31,299 | - | - | - | - | |
170/4 |
31,299 | 31,299 | 31,299 | 31,299 | 31,299 | 31,299 | - | - | - | - | |
175 |
- | - | - | - | - | - | 0 | 0 | 0 | - | |
176 |
- | - | - | - | - | - | 0 | 0 | 0 | - | |
178/9 |
- | - | - | - | - | - | 0 | 0 | 0 | - | |
42/48 |
116,489 | 61,254 | 43,988 | 38,025 | 9,993 | 10,284 | 11,593 | 39,294 | 37,049 | 32,560 | |
42 |
- | - | - | - | - | - | 0 | 0 | 0 | - | |
430/8 |
- | - | - | - | - | - | 0 | 0 | 0 | - | |
439 |
- | - | - | - | - | - | 0 | 0 | 0 | - | |
44 |
66,470 | 26,373 | 29,752 | 23,095 | 1,580 | 2,677 | 1,141 | 244 | 95 | - | |
440/4 |
66,470 | 26,373 | 29,752 | 23,095 | 1,580 | 2,677 | 1,141 | 244 | 95 | - | |
441 |
- | - | - | - | - | - | 0 | 0 | 0 | - | |
46 |
- | - | - | - | - | - | 0 | 0 | 0 | - | |
45 |
2,014 | 19,820 | 7,752 | 9,498 | 3,606 | 3,600 | 7,498 | - | - | - | |
450/3 |
2,014 | 2,320 | 7,752 | 7,748 | 1,856 | 1,050 | 7,498 | 0 | 0 | - | |
454/9 |
0 | 17,500 | 0 | 1,750 | 1,750 | 2,550 | 0 | 0 | 0 | - | |
47/48 |
48,004 | 15,062 | 6,484 | 5,432 | 4,807 | 4,007 | 2,954 | 39,050 | 36,954 | 32,560 | |
492/3 |
1,134 | 9,642 | 25 | 777 | 179 | 292 | 0 | 0 | 0 | - | |
| Income statement | |||||||||||
70 |
- | - | - | - | - | - | - | - | 0 | - | |
76A |
- | - | - | - | - | - | 0 | 0 | 0 | - | |
9900 |
5,702 | -11,866 | -3,570 | 28,443 | 18,058 | 38,113 | 34,460 | -1,897 | -3,439 | -32,525 | |
60/61 |
- | - | - | - | - | - | - | - | 0 | - | |
62 |
- | - | - | - | - | - | 0 | 0 | 0 | - | |
630 |
2,105 | 6,891 | 8,107 | 6,382 | 6,382 | 7,977 | 0 | 0 | 293 | 2,709 | |
631/4 |
- | - | - | - | - | - | 0 | 0 | 0 | - | |
635/8 |
- | - | - | - | - | - | 0 | 0 | 0 | - | |
640/8 |
629 | 577 | 563 | 535 | 585 | 804 | 8,224 | 348 | 534 | 784 | |
649 |
- | - | - | - | - | - | 0 | 0 | 0 | - | |
66A |
- | - | - | - | - | - | 0 | 0 | 0 | - | |
9901 |
2,968 | -19,335 | -12,240 | 21,526 | 11,092 | 29,332 | 26,236 | -2,245 | -4,266 | -36,018 | |
75/76B |
1,008 | 1 | 14 | 10 | - | - | 0 | 0 | 0 | 2 | |
75 |
1,008 | 1 | 14 | 10 | - | - | 0 | 0 | 0 | 2 | |
76B |
- | - | - | - | - | - | 0 | 0 | 0 | - | |
65/66B |
1,316 | 1,629 | 1,868 | 2,302 | 1,528 | 745 | 60 | 0 | 11 | 25 | |
65 |
1,316 | 1,629 | 1,868 | 2,302 | 1,528 | 745 | 60 | 0 | 11 | 25 | |
66B |
- | - | - | - | - | - | 0 | 0 | 0 | - | |
9903 |
2,660 | -20,963 | -14,094 | 19,234 | 9,563 | 28,587 | 26,176 | -2,245 | -4,277 | -36,041 | |
67/77 |
198 | 187 | 170 | 5,948 | 3,556 | 6,364 | 0 | 0 | 1 | - | |
9904 |
2,463 | -21,149 | -14,265 | 13,286 | 6,007 | 22,223 | 26,176 | -2,245 | -4,277 | -36,041 | |
789 |
- | - | - | - | - | - | 0 | 0 | 0 | - | |
689 |
- | - | - | - | - | - | 0 | 0 | 0 | - | |
9905 |
2,463 | -21,149 | -14,265 | 13,286 | 6,007 | 22,223 | 26,176 | -2,245 | -4,277 | -36,041 | |
| Appropriation of the result | |||||||||||
9906 |
-32,952 | -35,414 | -14,265 | 13,286 | 6,007 | 5,837 | -16,386 | -42,563 | -40,318 | -36,041 | |
14P |
-35,414 | -14,265 | - | - | - | - | - | - | - | - | |
791/2 |
- | - | - | - | - | - | 0 | 0 | 0 | - | |
691/2 |
- | - | 0 | 13,286 | 6,007 | 5,837 | - | - | - | - | |
691 |
- | - | - | - | - | - | 0 | 0 | 0 | - | |
6920 |
- | - | - | - | - | - | 0 | 0 | 0 | - | |
6921 |
- | - | 0 | 13,286 | 6,007 | 5,837 | 0 | 0 | 0 | - | |
694 |
- | - | - | - | - | - | 0 | 0 | 0 | - | |
695 |
- | - | - | - | - | - | 0 | 0 | 0 | - | |
696 |
- | - | - | - | - | - | 0 | 0 | 0 | - | |
| Document | |||||||||||
The notes to these accounts have 5 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 24-07-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 24-07-2026 | 2026-00325495 | |
| 31-12-2024 | micro format | 25-07-2025 | 2025-00308790 | |
| 31-12-2023 | micro format | 10-07-2024 | 2024-00234353 | |
| 31-12-2022 | micro format | 20-07-2023 | 2023-00253734 | |
| 31-12-2021 | abbreviated format | 15-07-2022 | 2022-20193626 | |
| 31-12-2020 | abbreviated format | 20-07-2021 | 2021-38000050 | |
| 30-09-2019 | abbreviated format | 28-04-2020 | 2020-10900271 | |
| 30-09-2018 | full format | 25-04-2019 | 2019-11200344 | |
| 30-09-2017 | full format | 26-04-2018 | 2018-11100177 | |
| 30-09-2016 | full format | 28-04-2017 | 2017-10500367 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 5,073 | -12,443 | -4,133 | 27,908 | 17,473 | 37,309 | 26,236 | -2,245 | -3,973 | -33,309 | ||
| 4,568 | -14,258 | -6,158 | 19,668 | 12,389 | 30,200 | 26,176 | -2,245 | -3,984 | -33,331 | ||
| 0 | 0 | 21,050 | 0 | 0 | 31,908 | 0 | 0 | 0 | 3,002 | ||
| -13,255 | 19,015 | -22,408 | -2,129 | 6,025 | 12,235 | 7,573 | 0 | -12 | - | ||
| 21,897 | 25,837 | 30,479 | 58,439 | 38,173 | 25,897 | -3,986 | -30,163 | -27,918 | -23,934 | ||
| 3.0% | 2.0% | 23.6% | 34.9% | 36.9% | 30.3% | -52.4% | -330.3% | -305.7% | -265.1% | ||
| 1.19 | 1.42 | 1.69 | 2.54 | 4.82 | 3.52 | 0.66 | 0.23 | 0.25 | 0.26 | ||
| 0.86 | 1.18 | 1.35 | 2.43 | 4.82 | 3.52 | 0.66 | 0.23 | 0.25 | 0.26 | ||
| 32.52 | 48.29 | 3.24 | 1.87 | 1.71 | 2.30 | - | - | - | - | ||
| 53.8% | -999.4% | -61.3% | 35.4% | 24.8% | 121.9% | - | - | - | - | ||
| 1.6% | -20.3% | -14.5% | 12.3% | 9.1% | 37.0% | 344.1% | -24.6% | -46.8% | -404.1% | ||
| 3.85 | -7.64 | -2.21 | 12.12 | 11.43 | - | - | - | - | - |
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.
Investments
fixed assets acquired| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | - | - | €21,050 | - | - |
| €2,105 | €6,891 | €8,107 | €6,382 | €6,382 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Insights on BRE - VER
The operating result for 2025 is a profit of €2,968, after a loss of €19,335 in 2024. It is the highest result since 2022.
Debt's share of the balance-sheet total falls from 98.0% to 97.0%. Equity and debt are higher.