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 34 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
D BRAIVES from Braives, company number BE0860620523, closed financial year 2025 with a result of € 78,821 after tax. For that financial year D BRAIVES recorded a gross margin of € 1.1 million and equity of € 443,060. Compared with financial year 2024, the result moved from € 99,228 to € 78,821. The company is profitable. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 22, 2026.
€ 443,060
▲ 2% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 78,821
▼ 21% vs 2024
Profit after tax over the fiscal year.
€ 369,462
▲ 14% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 70,140 paid out
89 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
16.3
▼ 0.1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 657,602
▲ 8% vs 2024
€ 40,300 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.
€ 39,192
▼ 9% vs 2024
Of which on lease € 25,331.
Debts at end 2025
€ 2.4 million
€ 356,438 is repaid this year. At this pace the long-term loan is gone in ≈ 7 years.
€ 704,205
▲ 3% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 196,262
▲ 25% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | - | - | € 8,363,382 | - | |
| Gross margin | € 1,001,299 | € 1,362,200 | € 1,101,852 | € 1,130,778 | ▲ 3% |
| Profit after taxes | € 221,368 | € 92,253 | € 99,228 | € 78,821 | ▼ 21% |
| Equity | € 453,158 | € 455,231 | € 434,379 | € 443,060 | ▲ 2% |
| Total debts | € 3,670,518 | € 3,636,016 | € 3,458,667 | € 3,434,919 | ▼ 1% |
| Cash | € 584,113 | € 363,077 | € 325,290 | € 369,462 | ▲ 14% |
| Land & buildings | € 1,333,276 | € 1,380,891 | € 1,277,473 | € 1,177,126 | ▼ 8% |
| Retained profit | € 428,158 | € 430,231 | € 409,379 | € 418,060 | ▲ 2% |
| Dividend | € 100,200 | € 90,180 | € 120,080 | € 70,140 | ▼ 42% |
| Bank debt | € 2,609,291 | € 2,544,691 | € 2,400,638 | € 2,393,547 | |
| Balance sheet total | € 4,142,190 | € 4,107,698 | € 3,907,432 | € 3,890,302 | |
| Employees (FTE) | 15 | 15.7 | 16.4 | 16.3 | ▼ 0.1 |
Key figures of D BRAIVES, 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 D BRAIVES?
What happened at D BRAIVES in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 78,821 (▼ 21% vs 2024). Source: NBB ↗
- New establishment in Braives. KBO
- BJ MAX became a director. NBB
- New establishment in Braives. KBO
- Start of the company according to the CBE. KBO
In short
From € 221,368 profit in 2022 to € 78,821 profit in 2025.
Paid € 97,144 in corporate taxes since 2022.
Best year ever: 2022, with € 221,368 profit.
On average € 69,400 of value added per employee in 2025.
Management
Behind D BRAIVES are Bernadette MORELLE, BJ MAX and Michel BEAUDUIN. Michel BEAUDUIN is also behind AGRI-BEAUFRUITS.
Directors
According to the 2025 annual accounts
Bernadette MORELLE
Director
Director · represented by Maxime BEAUDUIN
since 2018
Establishments
Establishment units
Physical locations of this company
Chaussée de Tirlemont 6 A
4260 Braives
Chaussée de Tirlemont 6 box A
4260 Braives
Active since 5 February 2004
Rue du Cornuchamp 99
4260 Braives
Active since 21 September 2022
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0860.620.523
- VAT number
- BE 0860.620.523
- Registered office
- Chaussée de Tirlemont 6 A, 4260 Braives
- Names & denominations
- D BRAIVES
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 22 September 2003
- Peppol
- Active · Active since 5 Aug 2026
- Activities · NACE
Niet-gespecialiseerde detailhandel waarbij voedings- en genotmiddelen overheersen
Superettes (verkoopsoppervlakte tussen 100 m2 en minder dan 400 m2)
Detailhandel in niet-gespecialiseerde winkels waarbij voedings- en genotmiddelen overheersen (verkoopsoppervlakte tussen 100 m² en minder dan 400 m²)