Active · per the CBE, 29 October 2026

BRALING

BE0432673052

Rechtspersoon Public limited company 1 establishment

BRALING is a property company in Brasschaat. Public Limited, started on 1 December 1987, 1 establishment.

Hoogboomsteenweg 128, 2930 Brasschaat

Behind the company: Antonius Friling.

Active for

38 year, 10 months

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

  • Tight liquidity NBB

    Cash and receivables cover 4 % of short-term debt in 2025; threshold 65 %.

  • Board fully replaced NBB

    No director from three years ago is still active according to annual account 2025.

Financials

Financial year 2025

BRALING from Brasschaat, company number BE0432673052, closed financial year 2025 with a result of € 48,487 after tax. For that financial year BRALING recorded a gross margin of € 223,911 and equity of € 1.6 million. Compared with financial year 2024, the result moved from € 2,088 to € 48,487. 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 1, 2026.

What it is worth Growing

€ 1.6 million

▲ 3% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Growing

€ 48,487

▲ € 46,400 vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 84,299

▲ € 73,968 vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € 608,501.

People and assets in 2025

Full-time equivalents

1.5

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 65,452

▼ 44% vs 2024

€ 43,600 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.

Vehicles and equipment

€ 10,075

▲ 39% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 9 years to go

€ 227,018

▼ 10% vs 2024

€ 24,053 is repaid this year. At this pace the long-term loan is gone in ≈ 9 years.

Owed to suppliers

€ 29,023

▲ 118% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 48,962

▲ € 38,593 vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
2022202320242025Change 2024 → 2025
Gross margin € 237,643 € 159,944 € 267,440 € 223,911 ▼ 16%
Profit after taxes € -121,095 € -94,420 € 2,088 € 48,487 ▲ € 46,400
Equity € 1,643,921 € 1,549,500 € 1,551,588 € 1,600,076 ▲ 3%
Total debts € 3,049,659 € 3,392,924 € 3,352,682 € 2,856,880 ▼ 15%
Cash € 21,571 € 20,519 € 10,331 € 84,299 ▲ € 73,968
Land & buildings € 3,222,608 € 3,097,952 € 2,997,078 € 2,915,516 ▼ 3%
Retained profit € 652,347 € 557,926 € 560,014 € 608,501 ▲ 9%
Bank debt € 450,731 € 315,930 € 251,818 € 227,018 ▼ 10%
Balance sheet total € 4,734,873 € 4,980,729 € 4,939,587 € 4,489,285 ▼ 9%
Employees (FTE) 1.1 1.5 1.5 1.5

Key figures of BRALING, 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 BRALING?

What happened at BRALING in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

  • Christophe Friling stepped down as director. NBB
  • Charlotte Friling stepped down as director. NBB
  • ERIC SPAAS BV stepped down as director. NBB
  • New annual accounts for financial year 2025: profit of € 48,487 (▲ € 46,400 vs 2024). Source: NBB ↗
  • Christophe Friling became a director. NBB
  • Charlotte Friling became a director. NBB
  • ERIC SPAAS BV became a director. NBB
  • New establishment in Brasschaat. KBO

In short

From € 121,095 loss in 2022 to € 48,487 profit in 2025.

Paid € 6,751 in corporate taxes since 2022.

Best year ever: 2025, with € 48,487 profit.

On average € 149,300 of value added per employee in 2025.

Management

Antonius Friling
BRALING
Sociedad Bracht 39.5%

Behind BRALING is Antonius Friling. It owns 50% of Hotel Marie Ullens, 39.5% of Sociedad Bracht, 24.2% of F3 Finance PE I and 6.3% of F3 Finance PE II itself.

Directors

According to the 2025 annual accounts

Antonius Friling

Managing director

Also active at: F & S, X-PERTISE, PRAXIS, F³ Finance, ERANTA, F³ Invest PIPE's DBI, BRALING INTERNATIONAL

Charlotte Friling

Director

since 2015 · until 2027

ERIC SPAAS BV

Director · represented by Eric Spaas

Also active at: F & S, X-PERTISE, PRAXIS, ERANTA, F&S Financial Services, F3 Armira, HOTEL MARIE ULLENS

since 2015 · until 2027

Christophe Friling

Director

Also active at: COBALT BOX, BRALING INTERNATIONAL, Cobalt Box Self Storage, FRILCO

since 2026 · until 2032

Establishments

Establishment units

Physical locations of this company

Registered office

Hoogboomsteenweg 128

2930 Brasschaat

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
0432.673.052
VAT number
BE 0432.673.052
Registered office
Hoogboomsteenweg 128, 2930 Brasschaat
Names & denominations
BRALING
Enterprise type
Rechtspersoon
Legal form
Public limited company
Legal situation
Normale toestand
Start date
1 December 1987
Peppol
Active · Active since 4 Sept 2025
Activities · NACE

Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen

Activiteiten van holdings

Managementactiviteiten van holdings

Holdings

Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies

Overige adviesbureaus op het gebied van bedrijfsvoering en beheer

Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering

Frequently asked questions

What does BRALING do?
BRALING is a property company in Brasschaat. Public Limited, started on 1 December 1987, 1 establishment.
What is the address of BRALING?
The registered office of BRALING is located at Hoogboomsteenweg 128, 2930 Brasschaat.
Is BRALING still active?
Yes. According to the CBE (29 October 2026) BRALING is active, legal situation “Normale toestand”, started on 1 December 1987.
Is BRALING registered on Peppol?
Yes, BRALING is registered on the Peppol network with ID 0208:0432673052.
What is the enterprise number of BRALING?
The enterprise number of BRALING is BE0432673052.
When was BRALING founded?
BRALING was founded on 1 December 1987.