Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 28 % of short-term debt in 2024; threshold 65 %.
Financials
Financial year 2024
LA BRACE from Brussel, company number BE0443167462, closed financial year 2024 with a result of € 8,546 after tax. For that financial year LA BRACE recorded a gross margin of € 524,155 and equity of € -66,785. Compared with financial year 2023, the result moved from € -55,387 to € 8,546. Profitable, and profit is growing. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on September 23, 2025.
€ -66,785
▲ € 8,546 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 8,546
▲ still € 55,387 loss in 2023
Profit after tax over the fiscal year.
€ 28,339
▼ 71% vs 2023
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2024. Retained profit grew to € -87,410.
People and assets in 2024
€ 415,267
▲ 4% vs 2023
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 13,570
▼ 49% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 1,540
▼ 97% vs 2023
Loans from banks and other lenders, long and short.
€ 224,539
▲ 84% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 25,107
▼ 52% vs 2023
Wages, holiday pay and social contributions still to pay. No outstanding taxes.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 209,843 | € 436,517 | € 483,997 | € 524,155 | ▲ 8% |
| Profit after taxes | € -45,764 | € 96,697 | € -55,387 | € 8,546 | ▲ € 63,933 |
| Equity | € -31,641 | € -19,944 | € -75,331 | € -66,785 | ▲ € 8,546 |
| Total debts | € 428,622 | € 497,901 | € 460,678 | € 493,662 | ▲ 7% |
| Cash | € 141,809 | € 166,519 | € 97,805 | € 28,339 | ▼ 71% |
| Retained profit | € -50,391 | € -38,694 | € -95,956 | € -87,410 | ▲ € 8,546 |
| Dividend | € 0 | € 85,000 | € 0 | € 0 | |
| Bank debt | € 63,621 | € 38,102 | € 44,922 | € 1,540 | ▼ 97% |
| Balance sheet total | € 396,981 | € 477,957 | € 385,347 | € 426,877 | ▲ 11% |
| Employees (FTE) | 7.1 | 8.6 | - | - |
Key figures of LA BRACE, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to LA BRACE?
What happened at LA BRACE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 8,546. filed late Source: NBB ↗
- Domenico Freri became a director. NBB
- Salvatore Freri became a director. NBB
- Start of the company according to the CBE. KBO
- New establishment in Brussel. KBO
In short
From € 45,764 loss in 2021 to € 8,546 profit in 2024.
Paid € 26,852 in corporate taxes since 2021.
Best year ever: 2022, with € 96,697 profit.
On average € 50,800 of value added per employee in 2022.
A new publication or filing at LA BRACE? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind LA BRACE are Domenico Freri and Salvatore Freri. Domenico Freri is also behind IMMO FRERI.
Directors
According to the 2024 annual accounts
since 2013
Salvatore Freri
Manager
since 2013
Establishments
Establishment units
Physical locations of this company
Franklinstraat 1
1000 Brussel
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
- 0443.167.462
- VAT number
- BE 0443.167.462
- Registered office
- Franklinstraat 1, 1000 Brussel
- Names & denominations
- LA BRACE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 22 March 1991
- Peppol
- Active · Active since 6 Jan 2026
- Activities · NACE
Activiteiten van eetgelegenheden met volledige bediening
Eetgelegenheden met volledige bediening
Catering van evenementen