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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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 8 % 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
BRODERU from Horebeke, company number BE0476879021, closed financial year 2025 with a result of € -15,494 after tax. For that financial year BRODERU recorded a gross margin of € 116,437 and equity of € 352,724. Compared with financial year 2024, the result moved from € -21,156 to € -15,494. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on September 30, 2026.
€ 352,724
▼ 21% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -15,494
▲ 27 % less loss than in 2024
Profit after tax over the fiscal year.
€ 6,698
▼ 26% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 334,124.
Debts at end 2025
€ 920,333
▼ 12% vs 2024
€ 105,333 is repaid this year. At this pace the long-term loan is gone in ≈ 9 years.
€ 37,765
▲ € 35,915 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 3,900
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 | € 136,232 | € 137,642 | € 122,124 | € 116,437 | ▼ 5% |
| Profit after taxes | € 17,190 | € 3,108 | € -21,156 | € -15,494 | ▲ € 5,662 |
| Equity | € 469,317 | € 470,758 | € 447,885 | € 352,724 | ▼ 21% |
| Total debts | € 1,774,758 | € 1,758,353 | € 1,737,943 | € 1,790,264 | ▲ 3% |
| Cash | € 36,151 | € 9,205 | € 9,078 | € 6,698 | ▼ 26% |
| Land & buildings | € 2,182,095 | € 2,141,816 | € 2,060,974 | € 2,070,753 | |
| Retained profit | € 450,717 | € 452,158 | € 429,285 | € 334,124 | ▼ 22% |
| Dividend | € 1,600 | € 1,666 | € 1,718 | € 79,666 | ▲ € 77,948 |
| Bank debt | € 1,360,175 | € 1,203,834 | € 1,044,413 | € 920,333 | ▼ 12% |
| Balance sheet total | € 2,244,075 | € 2,229,111 | € 2,185,827 | € 2,142,988 | ▼ 2% |
Key figures of BRODERU, 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 BRODERU?
What happened at BRODERU in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 15,494. filed late Source: NBB ↗
- Stéphanie BROWAEYS became a director. NBB
- New establishment in Horebeke. KBO
- Start of the company according to the CBE. KBO
In short
From € 17,190 profit in 2022 to € 15,494 loss in 2025.
Paid € 1,718 in corporate taxes since 2022.
Best year ever: 2022, with € 17,190 profit.
Paid out € 84,650 in dividends to the owners in total.
Management
Behind BRODERU is Stéphanie BROWAEYS. Stéphanie BROWAEYS is also behind BROWAEYS INSURANCE and Copine.
Directors
According to the 2025 annual accounts
since 2019
Establishments
Establishment units
Physical locations of this company
Kouterdreef 2 box A
9667 Horebeke
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0476.879.021
- VAT number
- BE 0476.879.021
- Registered office
- Kouterdreef 2 bus A, 9667 Horebeke
- Names & denominations
- BRODERU
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 8 February 2002
- Peppol
- Not registered