Financials
Financial year 2025
BRACODEV from Sint-Martens-Latem, company number BE0518932677, closed financial year 2025 with a result of € 100,656 after tax. For that financial year BRACODEV recorded a gross margin of € 272,156 and equity of € 1.4 million. Compared with financial year 2024, the result moved from € 18,323 to € 100,656. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on August 5, 2026.
€ 1.4 million
▲ 8% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 100,656
▲ € 82,333 vs 2024
Profit after tax over the fiscal year.
€ 294,710
▼ 33% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 1.1 million.
People and assets in 2025
€ 1,132
▼ 42% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 1.7 million
▲ 26% vs 2024
€ 68,051 is repaid this year. At this pace the long-term loan is gone in ≈ 24 years.
€ 8,441
▼ 89% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 86,077
▲ 202% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 194,412 | € 171,585 | € 1,188,030 | € 272,156 | ▼ 77% |
| Profit after taxes | € 53,266 | € 35,281 | € 18,323 | € 100,656 | ▲ € 82,333 |
| Equity | € 392,408 | € 427,689 | € 1,256,313 | € 1,356,969 | ▲ 8% |
| Total debts | € 1,374,040 | € 1,367,446 | € 1,594,158 | € 1,891,613 | ▲ 19% |
| Cash | € 102,345 | € 183,381 | € 437,331 | € 294,710 | ▼ 33% |
| Land & buildings | € 1,585,133 | € 1,520,953 | € 2,552,432 | € 3,104,586 | ▲ 22% |
| Retained profit | € 175,008 | € 210,289 | € 1,038,913 | € 1,139,569 | ▲ 10% |
| Bank debt | € 1,144,699 | € 1,105,692 | € 1,316,151 | € 1,664,860 | ▲ 26% |
| Balance sheet total | € 1,766,448 | € 1,795,135 | € 3,053,799 | € 3,462,355 | ▲ 13% |
Key figures of BRACODEV, 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 BRACODEV?
What happened at BRACODEV in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 100,656 (▲ € 82,333 vs 2024). filed late Source: NBB ↗
- New establishment in Gent. KBO
- Start of the company according to the CBE. KBO
In short
From € 53,266 profit in 2022 to € 100,656 profit in 2025.
Paid € 82,218 in corporate taxes since 2022.
Best year ever: 2025, with € 100,656 profit.
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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
Behind BRACODEV is Laurens Brantegem. The shares are held by Laurens Brantegem (100%).
Directors
According to the 2025 annual accounts
Laurens Brantegem
Director
Owns 100% directly
Shareholders
Laurens Brantegem · director
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Leieriggestraat 6 box A
9830 Sint-Martens-Latem
Muinkkaai 46
9000 Gent
Active since 26 February 2013
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 4 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
- 0518.932.677
- VAT number
- BE 0518.932.677
- Registered office
- Leieriggestraat 6 bus A, 9830 Sint-Martens-Latem
- Names & denominations
- BRACODEV
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 26 February 2013
- Peppol
- Active · Active since 30 Apr 2026
- Activities · NACE
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