INVESTBRA
ActiveSummary
INVESTBRA has been active since 1990 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €4.5m and a net result of €102,198. Equity has been stable since 2019 (±1.5% per year). Its solvency ranks better than 95% of 5,789 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).
Overview
Official details
Source: KBO- Status
- Active since 13-12-1990 Normal situation
- Activity
- Renting and operating of own or leased non-residential real estate, excluding land NACE 68203
- Establishment unit
- 2.051.759.143 8620 Nieuwpoort, since 05-03-1991
- Financial year end
- 30 September
- Peppol
- Reachable since 07-11-2025
Board and ownership
- COBRAFINManaging director · permanent representative Xavier Braet
- BV CHABRAFINManaging director · permanent representative Charlotte Braet
- Braphinvest BVManaging director · permanent representative Pierre-Henri Braet
- COBRAFIN100%2025 annual accounts of COBRAFIN
Financial position
- Bankruptcy probabilitywithin 12 months
- < 0.1%
- Turnover
- €430,260
- ▼ 7.4%
- Profit
- €102,198
- Equity
- €4.5m
- ▲ 2.3%
- Total assets
- €4.5m
- ▼ 11.7%
Score breakdownraises riskLiquidity: current ratio 12.04, cash €251,368lowers riskSize: turnover €430,260, total assets €4.5mFigures for financial year 2025 (filed on 05-05-2026)Equity €4.5m (99.3% of total assets)Show the evidence
Checked score
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 68, small). It does better than 92% of them on solvency, 83% on liquidity, 76% on profitability and 38% on growth.
The bankruptcy probability was computed on 01-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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Signals
The company filed its last 7 accounts on average 65 days before the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% of those companies filed late.
Searched, nothing found (2)
Key points
- Positive: Back in profit in 2025after a loss of €113,987 in 2024 €102,198 View
- Positive: Higher solvency than 95% of companies in real estatesector median 38.3% · 5,789 companies 99.3% View
- Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
- Branch transferred to IMMOBRAcontribution on 28-01-2025 2025 View
- New directorlatest change 01-01-2026 · 2 in office 1 joined View
Recent changes
- · Gazette deed Appointment: BV CHABRAFIN (director)Permanent representative: Charlotte Braet
- · Gazette deed Change of role: Braphinvest BV, from director to managing directorResignations: JB BRAET BV (director) and Fibraco BV (director) · Permanent representatives: Jean Braet, Xavier Braet and Pierre-Henri Braet · Reappointments: Cobrafin BV (director) and Braphinvest BV (director)
- · Gazette deed Demerger: INVESTBRA splits off to IMMOBRA
Comparable companies
These companies have the same main activity as INVESTBRA: renting and operating of own or leased non-residential real estate, excluding land (NACE 68203). They are comparable in size and age: total assets between €3.3m and €5.7m, founded between 1975 and 1994.
| Company | Total assets | Turnover |
|---|---|---|
| INVESTBRA Nieuwpoort | €4.5m | €0.4m |
| POLINVEST Antwerpen | €3.7m | €0.5m |
| BELFI Kuurne | €4.7m | €0.7m |
| GLOBAL RENTAL PROPERTIES II Oostkamp | €3.3m | €0.3m |
| DELBACO Kortrijk | €5.1m | €0.4m |
| FIRST - INVEST Courcelles | €5.1m | €0.6m |
| IMOPLAN Antwerpen | €5.7m | €0.5m |
Key facts about INVESTBRA
- What is the company number of INVESTBRA?
- The company number of INVESTBRA is 0442.755.114. The VAT number is the same number with BE in front: BE 0442.755.114.
- Where is INVESTBRA based?
- The registered office is at Toevluchtweg 2, 8620 Nieuwpoort.Company details
- What does INVESTBRA do?
- According to the KBO register, the main activity is renting and operating of own or leased non-residential real estate, excluding land (NACE 68203).
- What is the legal form of INVESTBRA?
- The legal form of INVESTBRA is Public limited company (NV).
- When was INVESTBRA founded?
- INVESTBRA was founded on 13-12-1990.
- Is INVESTBRA still active?
- Yes, INVESTBRA is an active enterprise in the KBO register.
- What is the turnover of INVESTBRA?
- The turnover of INVESTBRA was €430,260 in financial year 2025, according to the filed annual accounts.Financials
- Is INVESTBRA profitable?
- In financial year 2025, INVESTBRA made a profit of €102,198.
- Where can I find the annual accounts of INVESTBRA?
- INVESTBRA filed 35 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of INVESTBRA due?
- INVESTBRA must file the annual accounts for financial year 2026 by 30-04-2027.Timeline
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