Financials
Financial year 2025
Braet from Assenede, company number BE0401005324, closed financial year 2025 with a result of € 117,324 after tax. For that financial year Braet recorded a gross margin of € 181,706 and equity of € 413,012. Compared with financial year 2024, the result moved from € 74,742 to € 117,324. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 28, 2026.
€ 413,012
▲ 40% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 117,324
▲ 57% vs 2024
Profit after tax over the fiscal year.
€ 334,260
▲ 258% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 99,232.
People and assets in 2025
€ 1,553
▼ 85% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 218,732
▼ 28% vs 2024
Loans from banks and other lenders, long and short.
€ 2,626
▲ 116% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 9,945
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 198,365 | € 137,723 | € 142,089 | € 181,706 | ▲ 28% |
| Profit after taxes | € 53,771 | € 18,890 | € 74,742 | € 117,324 | ▲ 57% |
| Equity | € 402,056 | € 420,946 | € 295,688 | € 413,012 | ▲ 40% |
| Total debts | € 265,524 | € 192,854 | € 303,640 | € 245,101 | ▼ 19% |
| Cash | € 201,443 | € 133,208 | € 93,452 | € 334,260 | ▲ 258% |
| Land & buildings | € 278,395 | € 261,004 | € 241,879 | € 224,488 | ▼ 7% |
| Retained profit | € -111,724 | € -92,834 | € -18,092 | € 99,232 | ▲ € 117,324 |
| Bank debt | € 241,891 | € 183,324 | € 302,426 | € 218,732 | ▼ 28% |
| Balance sheet total | € 667,579 | € 613,799 | € 599,328 | € 658,112 | ▲ 10% |
| Employees (FTE) | 2 | - | - | - |
Key figures of Braet, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to Braet?
What happened at Braet in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 117,324 (▲ 57% vs 2024). Source: NBB ↗
- Frederik Braet became a director. NBB
- Agnes Braet became a director. NBB
- Bernard Braet became a director. NBB
- Start of the company according to the CBE. KBO
- New establishment in Assenede. KBO
In short
From € 53,771 profit in 2022 to € 117,324 profit in 2025.
Paid € 7,546 in corporate taxes since 2022.
Best year ever: 2025, with € 117,324 profit.
On average € 99,200 of value added per employee in 2022.
Management
Behind Braet are Frederik Braet, Agnes Braet and Bernard Braet.
Directors
According to the 2025 annual accounts
Frederik Braet
Director
since 2023
Agnes Braet
Director
since 2023
Bernard Braet
Director
since 2023
Establishments
Establishment units
Physical locations of this company
Hendekenstraat 55
9968 Assenede
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0401.005.324
- VAT number
- BE 0401.005.324
- Registered office
- Hendekenstraat 55, 9968 Assenede
- Names & denominations
- Braet
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 19 April 1952
- Peppol
- Active · Active since 21 Oct 2026
- Activities · NACE
Zagen en schaven van hout
Groothandel in hout
Exploitatie van bossen
Bosexploitatie