Financials
Financial year 2025
BRASEAP from Erquelinnes, company number BE0428861744, closed financial year 2025 with a result of € 79,495 after tax. For that financial year BRASEAP recorded revenue of € 551,140 and equity of € 1.1 million. Compared with financial year 2024, the result moved from € 58,992 to € 79,495. 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 June 29, 2026.
€ 1.1 million
▲ 7% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 79,495
▲ 35% vs 2024
Profit after tax over the fiscal year.
€ 509,578
▲ 6% vs 2024
Cash and bank balances on the last day of the fiscal year.
People and assets in 2025
27.3
▼ 5.8 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.9 million
€ 70,800 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.
€ 153,830
▲ 38% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 127,038
▼ 56% vs 2024
Loans from banks and other lenders, long and short.
€ 170,959
▼ 15% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 285,211
▲ 2% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | - | - | € 488,352 | € 551,140 | ▲ 13% |
| Gross margin | € 2,209,999 | € 2,042,729 | € 1,973,613 | € 2,207,207 | ▲ 12% |
| Profit after taxes | € 42,203 | € -172,100 | € 58,992 | € 79,495 | ▲ 35% |
| Equity | € 1,128,197 | € 979,268 | € 1,021,448 | € 1,088,160 | ▲ 7% |
| Total debts | € 656,728 | € 537,290 | € 789,063 | € 601,666 | ▼ 24% |
| Cash | € 46,225 | € 389,634 | € 481,646 | € 509,578 | ▲ 6% |
| Land & buildings | € 791,062 | € 773,472 | € 739,744 | € 749,811 | ▲ 1% |
| Retained profit | € 931,250 | € 759,150 | € 818,142 | € 897,637 | ▲ 10% |
| Bank debt | € 171,000 | € 124,000 | € 291,000 | € 127,038 | ▼ 56% |
| Balance sheet total | € 1,967,760 | € 1,945,024 | € 2,093,081 | € 2,036,496 | ▼ 3% |
| Employees (FTE) | 31.4 | 32.6 | 33.1 | 27.3 | ▼ 5.8 |
Key figures of BRASEAP, 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 BRASEAP?
What happened at BRASEAP in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Florence Denamur stepped down as director. NBB
- Pierre Beck stepped down as director. NBB
- Philippe Meuter stepped down as director. NBB
- Marie-Claire Huts stepped down as director. NBB
- Bernard Dachy stepped down as director. NBB
- David Lavaux stepped down as director. NBB
- Brigitte Chanoine stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 79,495 (▲ 35% vs 2024). Source: NBB ↗
In short
From € 42,203 profit in 2022 to € 79,495 profit in 2025.
Paid € 15,885 in corporate taxes since 2022.
Best year ever: 2025, with € 79,495 profit.
On average € 80,900 of value added per employee in 2025.
Management
Directors
According to the 2025 annual accounts
since 2004 · until 2026
David Lavaux
Director
Also active at: Intercommunale pour le Développement Economique et l'Aménagement du Territoire du Sud-Hainaut, ASBL Metalgroup ETA, Teralis, Le Moulin de la Hunelle, CREDE, SIPRES, LE BOSQUET, Régie Communale Autonome Erquelinnes +1 more
since 2004 · until 2026
Florence Denamur
Director
since 2007 · until 2029
since 2020 · until 2028
Brigitte Chanoine
Director
since 2019 · until 2026
Philippe Meuter
Director
since 2025 · until 2028
Marie-Claire Huts
Director
since 2016 · until 2027
Establishments
Establishment units
Physical locations of this company
Rue Albert Ier 269
6560 Erquelinnes
Rue Léopold III 26
6560 Erquelinnes
Active since 1 June 2006
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
- 0428.861.744
- VAT number
- BE 0428.861.744
- Registered office
- Rue Albert Ier 269, 6560 Erquelinnes
- Names & denominations
- BRASEAP
- Enterprise type
- Rechtspersoon
- Legal form
- Non-profit association
- Legal situation
- Normale toestand
- Start date
- 14 February 1986
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
Beroepsopleiding
Volwassenenvorming