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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Tight liquidity NBB
Cash and receivables cover 14 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
BRAVO from Merksplas, company number BE0453054732, closed financial year 2025 with a result of € -73,872 after tax. For that financial year BRAVO recorded a gross margin of € 34,283 and equity of € 799,920. Compared with financial year 2024, the result moved from € 238,471 to € -73,872. The company made a loss. 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 June 2, 2026.
€ 799,920
▼ 8% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -73,872
▼ still € 238,471 profit in 2024
Profit after tax over the fiscal year.
€ 1,281
▼ 91% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 577,390.
People and assets in 2025
0.4
Average over the fiscal year, from the social balance sheet.
€ 316
▼ 87% 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.
€ 12,120
▼ 25% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 573,924
▲ 35% vs 2024
€ 42,223 is repaid this year. At this pace the long-term loan is gone in ≈ 7 years.
€ 186,607
▲ 171% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 41,476
▼ 11% 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 | € 279,219 | € 200,866 | € 404,459 | € 34,283 | ▼ 92% |
| Profit after taxes | € 199,664 | € 87,810 | € 238,471 | € -73,872 | ▼ € 312,343 |
| Equity | € 547,511 | € 635,321 | € 873,792 | € 799,920 | ▼ 8% |
| Total debts | € 839,669 | € 630,332 | € 604,824 | € 849,986 | ▲ 41% |
| Cash | € 113 | € 4,227 | € 14,210 | € 1,281 | ▼ 91% |
| Land & buildings | € 811,142 | € 793,149 | € 775,156 | € 1,074,030 | ▲ 39% |
| Retained profit | € 345,211 | € 412,791 | € 651,262 | € 577,390 | ▼ 11% |
| Bank debt | € 522,118 | € 473,831 | € 425,544 | € 573,924 | ▲ 35% |
| Balance sheet total | € 1,387,180 | € 1,265,653 | € 1,478,616 | € 1,649,907 | ▲ 12% |
| Employees (FTE) | 0.2 | 0.3 | 0.4 | 0.4 |
Key figures of BRAVO, 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 BRAVO?
What happened at BRAVO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 73,872 (▼ € 312,343 vs 2024). Source: NBB ↗
- New establishment in Merksplas. KBO
- Koen Braspenning became a director. NBB
- New establishment in Merksplas. KBO
- Start of the company according to the CBE. KBO
In short
From € 199,664 profit in 2022 to € 73,872 loss in 2025.
Paid € 106,538 in corporate taxes since 2022.
Best year ever: 2024, with € 238,471 profit.
Management
Behind BRAVO is Koen Braspenning. Koen Braspenning is also behind SKW-Mestverwerking and Kota.
Directors
According to the 2025 annual accounts
since 2020
Establishments
Establishment units
Physical locations of this company
Strikkeweg 13
2330 Merksplas
Strikkeweg 9
2330 Merksplas
Active since 2 January 2026
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
- 0453.054.732
- VAT number
- BE 0453.054.732
- Registered office
- Strikkeweg 13, 2330 Merksplas
- Names & denominations
- BRAVO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 6 July 1994
- Peppol
- Active · Active since 26 Nov 2025
- Activities · NACE
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