Warning lights
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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Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 0 % of short-term debt in 2025; threshold 65 %.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
BRAINE PROPERTIES from Koksijde, company number BE0451974567, closed financial year 2025 with a result of € -3,899 after tax. For that financial year BRAINE PROPERTIES recorded a gross margin of € 3,212 and equity of € -128,064. Compared with financial year 2024, the result moved from € -2,755 to € -3,899. The company made a loss. 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 28, 2026.
€ -128,064
▼ € 3,899 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -3,899
▼ 42 % more loss than in 2024
Profit after tax over the fiscal year.
€ 11
▼ 97% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -190,037.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
Debts at end 2025
€ 100,000
Loans from banks and other lenders, long and short.
€ 1,985
▲ 9% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -4,625 | € -1,063 | € 3,771 | € 3,212 | ▼ 15% |
| Profit after taxes | € -10,399 | € -7,798 | € -2,755 | € -3,899 | ▼ € 1,144 |
| Equity | € -113,612 | € -121,410 | € -124,165 | € -128,064 | ▼ € 3,899 |
| Total debts | € 157,335 | € 173,144 | € 171,151 | € 169,897 | ▼ 1% |
| Cash | € 517 | € 441 | € 401 | € 11 | ▼ 97% |
| Land & buildings | € 42,290 | € 45,003 | € 40,856 | € 36,710 | ▼ 10% |
| Retained profit | € -175,585 | € -183,384 | € -186,138 | € -190,037 | ▼ € 3,899 |
| Bank debt | € 100,000 | € 100,000 | € 100,000 | € 100,000 | |
| Balance sheet total | € 43,723 | € 51,733 | € 46,986 | € 41,833 | ▼ 11% |
Key figures of BRAINE PROPERTIES, 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 BRAINE PROPERTIES?
What happened at BRAINE PROPERTIES in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 3,899. filed late Source: NBB ↗
- Nicole Bacqué became a director. NBB
- New establishment in Koksijde. KBO
- Start of the company according to the CBE. KBO
In short
From € 10,399 loss in 2022 to € 3,899 loss in 2025.
Management
Behind BRAINE PROPERTIES is Nicole Bacqué.
Directors
According to the 2025 annual accounts
Nicole Bacqué
Director
since 2021
Establishments
Establishment units
Physical locations of this company
Viooltjesstraat(Kok) 12
8670 Koksijde
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0451.974.567
- VAT number
- BE 0451.974.567
- Registered office
- Viooltjesstraat(Kok) 12, 8670 Koksijde
- Names & denominations
- BRAINE PROPERTIES
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 14 January 1994
- Peppol
- Not registered