What does BRABO VENTURES do?

BRABO VENTURES is registered with the CBE as active in: Handel in eigen onroerend goed. Public Limited, started on 20 February 1990, 1 establishment.

What is the address of BRABO VENTURES?

The registered office of BRABO VENTURES is located at Louizalaan 346, 1050 Brussel.

Is BRABO VENTURES still active?

Yes. According to the CBE (29 October 2026) BRABO VENTURES is active, legal situation “Normale toestand”, started on 20 February 1990.

Is BRABO VENTURES registered on Peppol?

Yes, BRABO VENTURES is registered on the Peppol network with ID 0208:0440265677.

What is the enterprise number of BRABO VENTURES?

The enterprise number of BRABO VENTURES is BE0440265677.

When was BRABO VENTURES founded?

BRABO VENTURES was founded on 20 February 1990.

Who are the directors of BRABO VENTURES?

According to the 2025 annual accounts, the directors of BRABO VENTURES are: Gilbert MICHEL, Olga SPITCHAKOVA.

Is BRABO VENTURES a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 20 February 1990; 5 annual accounts filed, latest fiscal year 2025; 2 directors known from the annual account.

How much profit did BRABO VENTURES make in 2025?

BRABO VENTURES posted a profit after taxes of € 941,953 in financial year 2025.

What is the revenue of BRABO VENTURES?

As a small company, BRABO VENTURES is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 1,585,548.

BRABO VENTURES (Public Limited) - Brussel - BE0440265677

Dossier BRABO VENTURES, printed on 29 October 2026 from databakkes.be/en/0440265677/brabo-ventures. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

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 2 % of short-term debt in 2025; threshold 65 %.

Financials

Financial year 2025

BRABO VENTURES from Brussel, company number BE0440265677, closed financial year 2025 with a result of € 941,953 after tax. For that financial year BRABO VENTURES recorded a gross margin of € 1.6 million and equity of € 4.4 million. Compared with financial year 2024, the result moved from € -718,451 to € 941,953. Profitable, and profit is growing. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on October 16, 2026.

What it is worth Healthy

€ 4.4 million

▼ 8% vs 2024

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

Profit Growing

€ 941,953

▲ still € 718,451 loss in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 1,267

▼ 96% 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 € 690,069.

People and assets in 2025

Vehicles and equipment

€ 23,500

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt

€ 2.5 million

▼ 37% vs 2024

Loans from banks and other lenders, long and short.

Owed to suppliers

€ 56,294

▲ € 48,866 vs 2024

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

Taxes

€ 51,619

Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 254,383 Gross margin 2022: € 254,383 First fiscal year in the series	€ 1,215,919 Gross margin 2023: € 1,215,919 ▲ € 961,536 vs 2022 (€ 254,383) Favourable step	€ 182,620 Gross margin 2024: € 182,620 ▼ 85% vs 2023 (€ 1,215,919) Unfavourable step	€ 1,585,548 Gross margin 2025: € 1,585,548 ▲ € 1.4 million vs 2024 (€ 182,620) Favourable step	▲ € 1.4 million
Profit after taxes	€ -392,867 Profit after taxes 2022: € -392,867 First fiscal year in the series	€ 549,705 Profit after taxes 2023: € 549,705 ▲ € 942,572 vs 2022 (€ -392,867) Favourable step	€ -718,451 Profit after taxes 2024: € -718,451 ▼ € 1.3 million vs 2023 (€ 549,705) Unfavourable step	€ 941,953 Profit after taxes 2025: € 941,953 ▲ € 1.7 million vs 2024 (€ -718,451) Favourable step	▲ € 1.7 million
Equity	€ 4,962,261 Equity 2022: € 4,962,261 First fiscal year in the series	€ 5,509,375 Equity 2023: € 5,509,375 ▲ 11% vs 2022 (€ 4,962,261) Favourable step	€ 4,816,428 Equity 2024: € 4,816,428 ▼ 13% vs 2023 (€ 5,509,375) Unfavourable step	€ 4,435,153 Equity 2025: € 4,435,153 ▼ 8% vs 2024 (€ 4,816,428) Unfavourable step	▼ 8%
Total debts	€ 7,409,391 Total debts 2022: € 7,409,391 First fiscal year in the series	€ 6,682,893 Total debts 2023: € 6,682,893 ▼ 10% vs 2022 (€ 7,409,391) Favourable step	€ 6,651,429 Total debts 2024: € 6,651,429 Unchanged (€ 6,682,893) Favourable step	€ 5,289,345 Total debts 2025: € 5,289,345 ▼ 20% vs 2024 (€ 6,651,429) Favourable step	▼ 20%
Cash	€ 23,953 Cash 2022: € 23,953 First fiscal year in the series	€ 8,618 Cash 2023: € 8,618 ▼ 64% vs 2022 (€ 23,953) Unfavourable step	€ 33,745 Cash 2024: € 33,745 ▲ 292% vs 2023 (€ 8,618) Favourable step	€ 1,267 Cash 2025: € 1,267 ▼ 96% vs 2024 (€ 33,745) Unfavourable step	▼ 96%
Land & buildings	€ 9,584,015 Land & buildings 2022: € 9,584,015 First fiscal year in the series	€ 9,199,280 Land & buildings 2023: € 9,199,280 ▼ 4% vs 2022 (€ 9,584,015) Unchanged	€ 9,896,004 Land & buildings 2024: € 9,896,004 ▲ 8% vs 2023 (€ 9,199,280) Unchanged	€ 8,105,785 Land & buildings 2025: € 8,105,785 ▼ 18% vs 2024 (€ 9,896,004) Unchanged	▼ 18%
Retained profit	€ -83,138 Retained profit 2022: € -83,138 First fiscal year in the series	€ 466,568 Retained profit 2023: € 466,568 ▲ € 549,705 vs 2022 (€ -83,138) Favourable step	€ -251,884 Retained profit 2024: € -251,884 ▼ € 718,451 vs 2023 (€ 466,568) Unfavourable step	€ 690,069 Retained profit 2025: € 690,069 ▲ € 941,953 vs 2024 (€ -251,884) Favourable step	▲ € 941,953
Bank debt	€ 4,284,351 Bank debt 2022: € 4,284,351 First fiscal year in the series	€ 3,763,874 Bank debt 2023: € 3,763,874 ▼ 12% vs 2022 (€ 4,284,351) Favourable step	€ 3,876,407 Bank debt 2024: € 3,876,407 ▲ 3% vs 2023 (€ 3,763,874) Unfavourable step	€ 2,453,433 Bank debt 2025: € 2,453,433 ▼ 37% vs 2024 (€ 3,876,407) Favourable step	▼ 37%
Balance sheet total	€ 12,545,391 Balance sheet total 2022: € 12,545,391 First fiscal year in the series	€ 12,360,861 Balance sheet total 2023: € 12,360,861 ▼ 1% vs 2022 (€ 12,545,391) Unchanged	€ 11,615,303 Balance sheet total 2024: € 11,615,303 ▼ 6% vs 2023 (€ 12,360,861) Unchanged	€ 9,780,706 Balance sheet total 2025: € 9,780,706 ▼ 16% vs 2024 (€ 11,615,303) Unchanged	▼ 16%

Key figures of BRABO VENTURES, 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 BRABO VENTURES?

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

2031 Gilbert MICHEL stepped down as director. NBB
2031 Olga SPITCHAKOVA stepped down as director. NBB
Oct 16, 2026 New annual accounts for financial year 2025: profit of € 941,953. filed late Source: NBB ↗
2025 Gilbert MICHEL became a director. NBB
2025 Olga SPITCHAKOVA became a director. NBB
Apr 24, 1990 New establishment in Elsene. KBO
Feb 20, 1990 Start of the company according to the CBE. KBO

In short

From € 392,867 loss in 2022 to € 941,953 profit in 2025.

Paid € 69,619 in corporate taxes since 2022.

Best year ever: 2025, with € 941,953 profit.

Original PDFs at the National Bank ↗

Management

BRABO VENTURES

EVENTS AT HORTA 100%

Polyclinique Verhaegen 100%

It owns 100% of EVENTS AT HORTA and 100% of Polyclinique Verhaegen itself.

Directors

According to the 2025 annual accounts

Gilbert MICHEL

Managing director

Also active at: EURO DOMUS, INVEST-IMMO-BELGIUM, HOLDING LES ETANGS

since 2025 · until 2031

Olga SPITCHAKOVA

Director

Also active at: EURO DOMUS, INVEST-IMMO-BELGIUM, HOLDING LES ETANGS

since 2025 · until 2031

Establishments

Establishment units

Physical locations of this company

Registered office

Louizalaan 346

1050 Brussel

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 6 companies are registered at this address.

All companies at this address →

EURO DOMUS same network

€ 63,137 gross margin · 2025

INVEST-IMMO-BELGIUM same network

€ -6,531 gross margin · 2025

M.I. SUPPLIES

HOLDING LES ETANGS same network

€ 84,269 gross margin · 2025

WEBSTORE

€ -2,959 gross margin · 2025

+1 more

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0440.265.677

VAT number

BE 0440.265.677

Registered office

Louizalaan 346, 1050 Brussel

Names & denominations

BRABO VENTURES

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

20 February 1990

Peppol

Active · Active since 27 Nov 2025

Activities · NACE

Handel in eigen onroerend goed

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

View on CBE Public ↗ Annual accounts (NBB) ↗

BRABO VENTURES

Warning lights

Financials

What happened to BRABO VENTURES?

Management

Directors

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions