Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 21 % of short-term debt in 2025; threshold 65 %.
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Shrinking team NBB
FTE fell two years in a row, from 61.6 to 51.8.
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Figures corrected NBB
Corrected annual account filed for 2025.
Financials
Financial year 2025
Brachot-Hermant from Deinze, company number BE0402531786, closed financial year 2025 with a result of € 142,968 after tax. For that financial year Brachot-Hermant recorded revenue of € 35.2 million and equity of € 55.6 million. Compared with financial year 2024, the result moved from € -2.6 million to € 142,968. 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 9, 2026.
€ 55.6 million
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 142,968
▲ still € 2.6 million loss in 2024
Profit after tax over the fiscal year.
€ 859,626
▲ 189% 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 € 30.6 million.
People and assets in 2025
51.8
▼ 3.4 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 4 million
▼ 1% vs 2024
€ 77,200 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 296,402
▲ 10% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 39.2 million
▼ 8% vs 2024
€ 6.8 million is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 14.4 million
▲ 15% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 161 days on average.
€ 859,214
▼ 11% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 42,632,607 | € 37,550,155 | € 32,961,678 | € 35,177,233 | ▲ 7% |
| Profit after taxes | € 4,125,943 | € 4,585,302 | € -2,552,066 | € 142,968 | ▲ € 2.7 million |
| Equity | € 61,607,828 | € 66,193,131 | € 55,441,065 | € 55,584,033 | |
| Total debts | € 68,364,959 | € 55,421,372 | € 58,694,013 | € 56,190,475 | ▼ 4% |
| Cash | € 329,721 | € 523,546 | € 297,677 | € 859,626 | ▲ 189% |
| Land & buildings | € 7,487,209 | € 7,201,988 | € 6,987,313 | € 6,707,732 | ▼ 4% |
| Retained profit | € 36,607,828 | € 41,193,131 | € 30,441,065 | € 30,584,033 | |
| Dividend | € 0 | € 0 | € 8,200,000 | € 0 | ▼ 100% |
| Bank debt | € 54,524,125 | € 41,494,154 | € 42,794,391 | € 39,199,924 | ▼ 8% |
| Balance sheet total | € 130,350,574 | € 121,965,083 | € 114,459,317 | € 112,073,181 | ▼ 2% |
| Employees (FTE) | 61 | 61.6 | 55.2 | 51.8 | ▼ 3.4 |
Key figures of Brachot-Hermant, 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 Brachot-Hermant?
What happened at Brachot-Hermant in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Lucas VAN OVERBERGHE stepped down as director. NBB
- Gilles VAN OVERBERGHE stepped down as director. NBB
- Vinciana VAERNEWYCK stepped down as director. NBB
- Pauline VAN OVERBERGHE stepped down as director. NBB
- Dirk VAN OVERBERGHE stepped down as director. NBB
- Corrected annual accounts filed for financial year 2025. Source: NBB ↗
- Cécile HERMANT stepped down as director. NBB
- Vinciana VAERNEWYCK became a director. NBB
In short
From € 4.1 million profit in 2022 to € 142,968 profit in 2025.
Paid € 281,190 in corporate taxes since 2022.
Best year ever: 2023, with € 4.6 million profit.
Paid out € 8.2 million in dividends to the owners in total.
Management
The shares are held by STONE GALLERY N.V. (100%). It owns 100% of LARVIK GRANITE AS, 100% of BRACHOT SRL, 100% of BRACHOT TILES AND LANDSCAPING N.V., 100% of GRANITARN CARRIERES SARL, 100% of SOCIETE ARMORICAINE DE GRANIT and 100% of BRACHOT SAS itself.
Directors
According to the 2025 annual accounts
Lucas VAN OVERBERGHE
Managing director
Also active at: Brachot Tiles & Landscaping, Stone Gallery, BRACHOT LOGISTICS
since 2021 · until 2027
Gilles VAN OVERBERGHE
Managing director
Also active at: Brachot Tiles & Landscaping, Stone Gallery, BRACHOT LOGISTICS, GFG Consulting
since 2021 · until 2027
since 2021 · until 2027
since 2021 · until 2027
since 2021 · until 2027
Cécile HERMANT
Managing director
since 2021 · until 2026
Shareholders
100%
Participations
LARVIK GRANITE AS
100%
BRACHOT SRL
100%
GRANITARN CARRIERES SARL
100%
SOCIETE ARMORICAINE DE GRANIT
100%
BRACHOT SAS
100%
BRACHOT-HERMANT POLSKA SPZOO
100%
S.G.S. SOCIEDADE DE GRANITOS
100%
BRACHOT LTD
100%
GRANITARN SAS
100%
MALABAR EXPORTS PVT. LTD
100%
IRISH BLUE LIMESTONE HOLDINGS LTD
100%
INDIGRA EXPORTS PVT. LTD
87.5%
Establishments
Establishment units
Physical locations of this company
E 3 laan 86
9800 Deinze
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0402.531.786
- VAT number
- BE 0402.531.786
- Registered office
- E 3 laan 86, 9800 Deinze
- Names & denominations
- Brachot-Hermant
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 17 June 1934
- Peppol
- Active · Active since 24 Dec 2025
- Activities · NACE
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