LA BRACE
ActiveSummary
LA BRACE has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €207k and a net result of €-4k. Equity is growing by ~9.2% per year across the filed fiscal years. Its solvency ranks better than 95% of 13305 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.4% (low).
Checked score
Score 2025
80
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability67▼-2
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
1.4%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €16k at 30 days acceptable
Liquidity ample (current ratio 9.99 against 7.81 in 2024; short-term debt: 8.6% and cash: 79.1% of total assets), and 8.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Sector 56
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 15-06-2026, 46 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
46 d early
2024
48 d early
2023
40 d early
2022
39 d early
2021
34 d early
2020
13 d late
2019
42 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€207k▼ 1.8%
2024 · €211k
2018: €104k
2019: €122k
2020: €153k
2021: €184k
2022: €205k
2023: €213k
2024: €211k
2018 → 2025
Total assets
€226k▼ 3.5%
2024 · €234k
2018: €123k
2019: €154k
2020: €216k
2021: €237k
2022: €240k
2023: €245k
2024: €234k
2018 → 2025
Net result
€-4k
2024 · €1k
2018: €8k
2019: €18k
2020: €36k
2021: €31k
2022: €23k
2023: €11k
2024: €1k
2018 → 2025
Working capital
€175k▲ 9.8%
2024 · €159k
2018: €80k
2019: €79k
2020: €75k
2021: €109k
2022: €139k
2023: €166k
2024: €159k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€184k-€205k▲ 11.6%€213k▲ 3.8%€211k▼ 0.8%€207k▼ 1.8%
Operating result€47k-€41k▼ 14.0%€20k▼ 50.4%€4k▼ 79.5%€266▼ 93.5%
Net result€31k-€23k▼ 25.2%€11k▼ 52.7%€1k▼ 88.2%€-4k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen four years in a row; 2025 is 94% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €226k
Fixed assets
€32k ▼ 38.2%
Current assets
€194k ▲ 6.4%
Equity and liabilities €226k
Equity
€207k ▼ 1.8%
Provisions
€0 ▼ 100%
Debt
€19k ▼ 16.8%
Debt's share of the balance-sheet total falls from 10.0% to 8.6%. Equity and debt are lower.
Key figures and ratios
EBITDA
€20k▼
2024 · €28k
Cash flow
€16k▼
2024 · €25k
Current ratio
9.99▲
2024 · 7.81
Quick ratio
9.51▲
2024 · 7.36
Debt to equity
0.09▼
2024 · 0.11
ROE
-1.9%▼
2024 · 0.6%
ROA
-1.7%▼
2024 · 0.5%
Interest coverage
13.31▼
2024 · 16.76
Debt ≤ 1 year
€19k▼
2024 · €23k
Income taxes
€4k▼
2024 · €5k
Staff costs
€171k▲
2024 · €158k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 52 lines
Balance sheet
Code20242025
Assets
Total assets20/58€234k€226k▼
Fixed assets21/28€52k€32k▼
Tangible fixed assets22/27€52k€32k▼
Plant, machinery and equipment23€43k€32k▼
Furniture and vehicles24€9k-
Financial fixed assets28€56€56=
Current assets29/58€183k€194k▲
Stocks and contracts in progress3€10k€9k▼
Stocks30/36€10k€9k▼
Amounts receivable within one year40/41€8k€5k▼
Trade receivables40€1k-
Other amounts receivable41€7k€5k▼
Cash at bank and in hand54/58€163k€179k▲
Deferred charges and accrued income490/1€631€594▼
Equity and liabilities
Total equity and liabilities10/49€234k€226k▼
Equity10/15€211k€207k▼
Contributions10/11€19k€19k=
Reserves13€156k€155k▼
Tax-exempt reserves132€1k-
Distributable reserves133€155k€155k=
Profit (loss) carried forward14€36k€33k▼
Provisions and deferred taxes16€317-
Deferred taxes168€317-
Amounts payable17/49€23k€19k▼
Amounts payable within one year42/48€23k€19k▼
Trade debts44€16k€12k▼
Suppliers440/4€16k€12k▼
Advances received on contracts in progress46-€250
Taxes, remuneration and social security45€1k€4k▲
Taxes450/3€1k€4k▲
Other amounts payable47/48€6k€3k▼
Income statement
Code20242025
Remuneration, social security and pensions62€158k€171k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€24k€20k▼
Other operating charges640/8€2k€4k▲
Non-recurring operating charges66A-€245
Gross operating margin9900€188k€195k▲
Operating profit (loss)9901€4k€266▼
Financial income75/76B€3k€937▼
Recurring financial income75€917€937▲
Non-recurring financial income76B€2k-
Financial charges65/66B€2k€2k▼
Recurring financial charges65€2k€2k▼
Profit (loss) for the period before taxes9903€6k€-308▼
Transfer from deferred taxes780€529€317▼
Income taxes67/77€5k€4k▼
Profit (loss) for the period9904€1k€-4k▼
Transfer from tax-exempt reserves789€2k€1k▼
Profit (loss) for the period to be appropriated9905€3k€-3k▼
Appropriation of the result
Profit (loss) to be appropriated9906€39k€33k▼
Profit (loss) brought forward from the previous period14P€36k€36k▲
Profit to be distributed694/7€3k-
Return on contributions (dividend)694€3k-
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
15-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Weakest financial yearnet €-4k ▼405%
Net result drops to €-4k, the lowest in the series.
13-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
21-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
22-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Equity above €200kEq €205k ▲11.6%
5 profitable years in a row build equity to €205k.
27-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
13-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 13 days late
2020
31-12
Financial
Highest result since 2018net €36k ▲98.8%
Net result €36k, the highest in the series.
31-12
Financial
Equity above €150kEq €153k ▲25.5%
3 profitable years in a row build equity to €153k.
11-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 42 days late
2019
05-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
25-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
24-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 24 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Soignies · 1 establishment unit since 2003
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Place Verte 97060 SoigniesGround area
373 m²
Building footprint
109 m²
Volume, LiDAR
1,446 m³
Parcel 55402F0328/00G000, Wallonia · tallest building 15.5 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
LA BRACE
since 20032.126.856.543
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 55402F0328/00G000 | Wallonia | 373 m² | 1 · 109 m² | 15.5 m · 4 fl. |
Linked by address, not proof of ownership
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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteSoignies2.126.856.543
Similar companies · same sector, comparable size
BALCOO
BE 0476.543.875
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Perfect Food
BE 0783.491.170
Gent · Eq €206,773
't Aandeel
BE 0449.769.994
Halle · Eq €207,064
DEBO SERVICES
BE 0863.839.537
Malle · Eq €207,111
O2G
BE 0860.651.306
Tongeren-Borgloon · Eq €207,126
Of 20,493 companies in sector 56111 we hold annual accounts for 11,461. 8,481 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded27-02-2003
Fiscal year end31-12
Activities, NACEBEL 2025
56111Full-service restaurants
56210Event catering
Sources
Crossroads Bank for EnterprisesNational Bank · 22 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.