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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Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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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 1 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
BRACINO from Oudenaarde, company number BE0835779219, closed financial year 2025 with a result of € -84,336 after tax. For that financial year BRACINO recorded a gross margin of € 97,091 and equity of € -713,730. Compared with financial year 2024, the result moved from € -84,850 to € -84,336. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 30, 2026.
€ -713,730
▼ € 84,336 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -84,336
▲ 1 % less loss than in 2024
Profit after tax over the fiscal year.
€ 11,180
▼ 46% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -963,730.
Debts at end 2025
€ 336,571
▼ 8% vs 2024
€ 28,766 is repaid this year. At this pace the long-term loan is gone in ≈ 12 years.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 42,189 | € 45,149 | € 96,876 | € 97,091 | |
| Profit after taxes | € -114,534 | € -129,028 | € -84,850 | € -84,336 | ▲ € 514 |
| Equity | € -415,516 | € -544,544 | € -629,394 | € -713,730 | ▼ € 84,336 |
| Total debts | € 2,534,598 | € 2,908,911 | € 2,898,919 | € 2,860,709 | ▼ 1% |
| Cash | € 9,583 | € 11,968 | € 20,642 | € 11,180 | ▼ 46% |
| Land & buildings | € 2,108,039 | € 2,345,462 | € 2,240,767 | € 2,130,697 | ▼ 5% |
| Retained profit | € -665,516 | € -794,544 | € -879,394 | € -963,730 | ▼ € 84,336 |
| Bank debt | € 422,809 | € 395,241 | € 367,290 | € 336,571 | ▼ 8% |
| Balance sheet total | € 2,119,082 | € 2,364,367 | € 2,269,525 | € 2,146,979 | ▼ 5% |
Key figures of BRACINO, 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 BRACINO?
What happened at BRACINO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 84,336. Source: NBB ↗
- New establishment in Oudenaarde. KBO
- Start of the company according to the CBE. KBO
In short
From € 114,534 loss in 2022 to € 84,336 loss in 2025.
Management
The stake of ELKIMMO comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
BRACINOBehind BRACINO is Elkimmo NV. The shares are held by ELKIMMO (99.6%).
Directors
According to the 2025 annual accounts
Shareholders
99.6%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Biesvijverstraat 2
9700 Oudenaarde
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 6 companies are registered at this address.
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+1 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0835.779.219
- VAT number
- BE 0835.779.219
- Registered office
- Biesvijverstraat 2, 9700 Oudenaarde
- Names & denominations
- BRACINO
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 27 April 2011
- Peppol
- Active · Active since 18 Dec 2025
- Activities · NACE
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Holdings