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Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Figures corrected NBB
Corrected annual account filed for 2022.
Financials
Financial year 2025
BRANORTHO from Jalhay, company number BE0450011506, closed financial year 2025 with a result of € 37,236 after tax. For that financial year BRANORTHO recorded a gross margin of € 65,083 and equity of € 155,676. Compared with financial year 2024, the result moved from € 60,740 to € 37,236. The company is profitable. The buffer shrank hard: equity is 50 % below last year. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 22, 2026.
€ 155,676
▼ 50% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 37,236
▼ 39% vs 2024
Profit after tax over the fiscal year.
€ 276,333
▼ 16% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 195,655 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
€ 2,903
▼ 93% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 8,963
▲ € 8,328 vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 3,596
▼ 48% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 22,977
▲ 5% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 108,977 | € 146,766 | € 143,128 | € 65,083 | ▼ 55% |
| Profit after taxes | € 44,783 | € 71,812 | € 60,740 | € 37,236 | ▼ 39% |
| Equity | € 309,953 | € 309,953 | € 314,095 | € 155,676 | ▼ 50% |
| Total debts | € 60,879 | € 93,280 | € 82,607 | € 210,619 | ▲ 155% |
| Cash | € 281,698 | € 313,407 | € 328,847 | € 276,333 | ▼ 16% |
| Retained profit | € 291,353 | € 291,353 | € 295,495 | € 137,076 | ▼ 54% |
| Dividend | € 11,241 | € 71,812 | € 56,598 | € 195,655 | ▲ 246% |
| Balance sheet total | € 370,833 | € 403,233 | € 396,702 | € 366,295 | ▼ 8% |
Key figures of BRANORTHO, 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 BRANORTHO?
What happened at BRANORTHO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 37,236 (▼ 39% vs 2024). Source: NBB ↗
- New establishment in Jalhay. KBO
- New establishment in Verviers. KBO
- Start of the company according to the CBE. KBO
In short
From € 44,783 profit in 2022 to € 37,236 profit in 2025.
Paid € 98,344 in corporate taxes since 2022.
Best year ever: 2023, with € 71,812 profit.
Paid out € 335,307 in dividends to the owners in total.
Management
Behind BRANORTHO is Raphael BRAN.
Directors
According to the 2025 annual accounts
Raphael BRAN
Managing director
Establishments
Establishment units
Physical locations of this company
Balmoral(SART) 22
4845 Jalhay
Rue du Parc 29
4800 Verviers
Active since 30 April 1993
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0450.011.506
- VAT number
- BE 0450.011.506
- Registered office
- Balmoral(SART) 22, 4845 Jalhay
- Names & denominations
- BRANORTHO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 30 April 1993
- Peppol
- Active · Active since 26 Nov 2025
- Activities · NACE
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