Financials
Financial year 2025
Braspenning from Hoogstraten, company number BE0448435354, closed financial year 2025 with a result of € 1.2 million after tax. For that financial year Braspenning recorded revenue of € 8.7 million and equity of € 5.5 million. Compared with financial year 2024, the result moved from € 328,852 to € 1.2 million. 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 August 31, 2026.
€ 5.5 million
▲ 29% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1.2 million
▲ 277% vs 2024
Profit after tax over the fiscal year.
€ 2 million
▲ € 1.6 million 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 € 5.4 million.
People and assets in 2025
22.9
▲ 3.3 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.1 million
▲ 14% vs 2024
€ 49,700 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.
€ 1.8 million
▲ 249% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 1.6 million
▲ 3% vs 2024
€ 855,214 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 1.1 million
▲ 134% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 86 days on average.
€ 263,766
▲ 169% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | - | € 6,692,644 | € 7,182,992 | € 8,729,166 | ▲ 22% |
| Gross margin | € 2,924,454 | - | - | - | |
| Profit after taxes | € 780,112 | € 357,715 | € 328,852 | € 1,238,344 | ▲ 277% |
| Equity | € 3,583,495 | € 3,941,209 | € 4,270,061 | € 5,508,405 | ▲ 29% |
| Total debts | € 4,812,835 | € 4,049,376 | € 3,314,649 | € 4,328,071 | ▲ 31% |
| Cash | € 327,103 | € 622,379 | € 388,119 | € 1,990,039 | ▲ € 1.6 million |
| Land & buildings | € 636,473 | € 511,889 | € 387,881 | € 364,826 | ▼ 6% |
| Retained profit | € 3,521,521 | € 3,879,236 | € 4,208,088 | € 5,446,432 | ▲ 29% |
| Bank debt | € 2,861,055 | € 1,975,536 | € 1,572,494 | € 1,621,447 | ▲ 3% |
| Balance sheet total | € 8,396,329 | € 7,990,585 | € 7,584,710 | € 9,836,476 | ▲ 30% |
| Employees (FTE) | 18.1 | 19 | 19.6 | 22.9 | ▲ 3.3 |
Key figures of Braspenning, 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 Braspenning?
What happened at Braspenning in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Raf Braspenning stepped down as director. NBB
- Joe Braspenning stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 1.2 million (▲ 277% vs 2024). filed late Source: NBB ↗
- Raf Braspenning became a director. NBB
- Joe Braspenning became a director. NBB
- New establishment in Ravels. KBO
- New establishment in Hoogstraten. KBO
- Start of the company according to the CBE. KBO
In short
From € 780,112 profit in 2022 to € 1.2 million profit in 2025.
Paid € 769,330 in corporate taxes since 2022.
Best year ever: 2025, with € 1.2 million profit.
On average € 161,600 of value added per employee in 2022.
Management
The shares are held by Raf Braspenning (90%) and Bruynen Annick (10%).
Directors
According to the 2025 annual accounts
Raf Braspenning
Managing director
Owns 90% directly
since 2023 · until 2029
Joe Braspenning
Director
since 2023 · until 2029
Shareholders
Raf Braspenning · director
90%
Bruynen Annick
10%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Beukendreef 2F
2323 Hoogstraten
Kanaaldijk Z/N
2380 Ravels
Active since 23 June 2015
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0448.435.354
- VAT number
- BE 0448.435.354
- Registered office
- Beukendreef 2F, 2323 Hoogstraten
- Names & denominations
- Braspenning
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 14 October 1992
- Peppol
- Active · Active since 14 Sept 2026
- Activities · NACE
Ondersteunende activiteiten in verband met de teelt van gewassen
Diensten in verband met de landbouw; aanleg en onderhoud van tuinen en parken
Inzameling van gevaarlijk afval
Landschapsverzorging
Bouw van andere civieltechnische werken, neg
Andere afvalverwijdering
Terugwinning van materialen uit afval
Exploitatie van bossen
+7