Financials
Financial year 2024
BRAIN E-LOG from La Louvière, company number BE0477485567, closed financial year 2024 with a result of € 123,763 after tax. For that financial year BRAIN E-LOG recorded a gross margin of € 1.8 million and equity of € 1.2 million. Compared with financial year 2023, the result moved from € 750,262 to € 123,763. The company is profitable. 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 September 30, 2025.
€ 1.2 million
▼ 16% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 123,763
▼ 84% vs 2023
Profit after tax over the fiscal year.
€ 514,452
▼ 35% vs 2023
Cash and bank balances on the last day of the fiscal year.
€ 350,000 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2024
33
▲ 4.5 vs 2023
Average over the fiscal year, from the social balance sheet.
€ 1.4 million
▲ 9% vs 2023
€ 42,000 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.
€ 108,875
▼ 28% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 290,502
▼ 44% vs 2023
€ 90,774 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 869,498
▼ 38% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 335,745
▲ 19% vs 2023
Taxes, VAT and social contributions still to pay.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 1,397,179 | € 1,424,143 | € 2,430,758 | € 1,817,395 | ▼ 25% |
| Profit after taxes | € 648,395 | € 540,075 | € 750,262 | € 123,763 | ▼ 84% |
| Equity | € 426,869 | € 666,944 | € 1,417,466 | € 1,191,229 | ▼ 16% |
| Total debts | € 931,776 | € 1,856,661 | € 2,200,764 | € 1,495,746 | ▼ 32% |
| Cash | € 133,963 | € 354,993 | € 791,254 | € 514,452 | ▼ 35% |
| Retained profit | € 420,669 | € 660,744 | € 1,411,266 | € 1,185,029 | ▼ 16% |
| Dividend | € 360,000 | € 300,000 | € 0 | € 350,000 | |
| Bank debt | € 73,383 | € 141,885 | € 520,088 | € 290,502 | ▼ 44% |
| Balance sheet total | € 1,358,645 | € 2,523,605 | € 3,618,230 | € 2,686,975 | ▼ 26% |
| Employees (FTE) | 15.4 | 20 | 28.5 | 33 | ▲ 4.5 |
Key figures of BRAIN E-LOG, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to BRAIN E-LOG?
What happened at BRAIN E-LOG in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 123,763 (▼ 84% vs 2023). filed late Source: NBB ↗
- New establishment in La Louvière. KBO
- Start of the company according to the CBE. KBO
In short
From € 648,395 profit in 2021 to € 123,763 profit in 2024.
Paid € 444,812 in corporate taxes since 2021.
Best year ever: 2023, with € 750,262 profit.
On average € 55,100 of value added per employee in 2024.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
The stake of CORVEST, XMP Consulting, Maksor comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
BRAIN E-LOGBehind BRAIN E-LOG are CORVEST SRL, MAKSOR SPRL and XMP CONSULTING SPRL. The shares are held by CORVEST (40%), XMP Consulting (33%) and Maksor (30%).
Directors
According to the 2024 annual accounts
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Boulevard de la Technicité(H-G) 1A
7110 La Louvière
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
- 0477.485.567
- VAT number
- BE 0477.485.567
- Registered office
- Boulevard de la Technicité(H-G) 1A, 7110 La Louvière
- Names & denominations
- BRAIN E-LOG
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 6 May 2002
- Peppol
- Active · Active since 20 Nov 2020
- Activities · NACE
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