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 21 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
BRANJO from Bree, company number BE0807819562, closed financial year 2025 with a result of € -175,563 after tax. For that financial year BRANJO recorded a gross margin of € -8,508 and equity of € 1.3 million. Compared with financial year 2024, the result moved from € 4,119 to € -175,563. 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 August 31, 2026.
€ 1.3 million
▼ 12% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -175,563
▼ still € 4,119 profit in 2024
Profit after tax over the fiscal year.
€ 195,228
▲ € 190,719 vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 1.1 million.
People and assets in 2025
0.6
▲ 0.1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 28,099
▲ 28% 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.
€ 589,231
▲ € 573,284 vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 619,706
▲ 295% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 14,824
▼ 96% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 144,047 | € 88,744 | € 131,549 | € -8,508 | ▼ € 140,057 |
| Profit after taxes | € -21,286 | € -42,390 | € 4,119 | € -175,563 | ▼ € 179,682 |
| Equity | € 1,511,284 | € 1,468,895 | € 1,473,014 | € 1,297,451 | ▼ 12% |
| Total debts | € 1,129,946 | € 1,417,673 | € 1,401,535 | € 4,552,973 | ▲ 225% |
| Cash | € 1,302 | € 17,084 | € 4,510 | € 195,228 | ▲ € 190,719 |
| Land & buildings | € 1,830,716 | € 1,763,405 | € 1,696,095 | € 1,628,785 | ▼ 4% |
| Retained profit | € 1,311,284 | € 1,268,895 | € 1,273,014 | € 1,097,451 | ▼ 14% |
| Bank debt | € 1,017,336 | € 897,076 | € 770,863 | € 0 | ▼ 100% |
| Balance sheet total | € 2,871,870 | € 3,107,170 | € 3,085,114 | € 6,050,951 | ▲ 96% |
| Employees (FTE) | 0 | 0 | 0.5 | 0.6 | ▲ 0.1 |
Key figures of BRANJO, 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 BRANJO?
What happened at BRANJO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 175,563 (▼ € 179,682 vs 2024). filed late Source: NBB ↗
- Stefano Maccagnani became a director. NBB
- New establishment in Bree. KBO
- Start of the company according to the CBE. KBO
In short
From € 21,286 loss in 2022 to € 175,563 loss in 2025.
Paid € 37,008 in corporate taxes since 2022.
Best year ever: 2024, with € 4,119 profit.
Management
The stake of CM PROJECTS comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
BRANJOBehind BRANJO is Stefano Maccagnani. The shares are held by CM PROJECTS (100%).
Directors
According to the 2025 annual accounts
Stefano Maccagnani
Director
since 2025
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Vennestraat 32
3960 Bree
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
- 0807.819.562
- VAT number
- BE 0807.819.562
- Registered office
- Vennestraat 32, 3960 Bree
- Names & denominations
- BRANJO · Lowlands Stud
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 18 November 2008
- Peppol
- Active · Active since 19 Dec 2025
- Activities · NACE
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