ACTIVE

Branson CD

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Financial year 2025 · closed on 31/12/2025

Net result

144,5 k €

-23.4% YoY

Gross margin

615 k €

-6.9% YoY

Equity

789,3 k €

+22.4% YoY

Workforce

4,7 ETP

-7.8% YoY

What does Branson CD do?

Branson CD is a Private limited company incorporated in 1981. Its registered office is in Ninove. It employs on average 4,7 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0422.340.176

Incorporation

24/12/1981

Legal form

Private limited company

Registered office

Pamelstraat-Oost 425
9400 Ninove · FlandreSee on map

Contributed capital

18 600,00 €

Latest accounts

31/12/2025

Average workforce

4,7 ETP

Joint committees (2)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

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✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2025		2024		2023		2022		2021		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	615 k €	-6.9%	660,5 k €	+2.4%	645,1 k €	+4.9%	614,8 k €	+32.0%	465,6 k €	+27.9%	364 k €	+0.5%	362,2 k €	+4.2%	347,6 k €	-6.2%	370,7 k €	+2.5%	361,6 k €	+27.2%	284,2 k €	+0.8%	281,9 k €	+3.3%	272,9 k €	+29.4%	210,9 k €	-5.8%	223,8 k €	+59.8%	140,1 k €	+39.2%	100,6 k €	+43.5%	70,1 k €	-7.9%	76,1 k €
EBITDA	276,2 k €	-9.6%	305,6 k €	+11.9%	273 k €	-2.4%	279,7 k €	+54.8%	180,6 k €	+7.6%	167,9 k €	+47.7%	113,7 k €	+38.9%	81,8 k €	+7.5%	76,1 k €	-31.8%	111,6 k €	+67.3%	66,7 k €	-10.0%	74,2 k €	-18.3%	90,8 k €	+25.1%	72,6 k €	-48.0%	139,5 k €	+108%	67 k €	+212%	21,5 k €	+31.1%	16,4 k €	-56.8%	37,9 k €
Operating result	214,3 k €	-20.7%	270,3 k €	+6.3%	254,2 k €	-2.9%	261,9 k €	+58.0%	165,7 k €	+19.4%	138,8 k €	+86.2%	74,5 k €	+69.6%	44 k €	+6.5%	41,3 k €	-50.2%	82,9 k €	+123%	37,1 k €	-11.9%	42,1 k €	+47.7%	28,5 k €	-23.0%	37,1 k €	-64.5%	104,5 k €	+132%	45,1 k €	+448%	8,2 k €	+54.8%	5,3 k €	-80.0%	26,5 k €
Net result	144,5 k €	-23.4%	188,6 k €	+12.4%	167,8 k €	+5.6%	158,9 k €	+63.4%	97,3 k €	+24.7%	78 k €	+112%	36,8 k €	+208%	11,9 k €	+1.4%	11,8 k €	-68.9%	37,8 k €	+213%	12,1 k €	-22.6%	15,6 k €	-26.8%	21,3 k €	+137%	9 k €	-84.6%	58,4 k €	+137%	24,6 k €	+3471%	688,4 €	-81.7%	3,8 k €	-82.7%	21,7 k €
Balance sheet
Equity	789,3 k €	+22.4%	644,9 k €	+5.0%	614,3 k €	+11.0%	553,3 k €	+36.2%	406,3 k €	+21.2%	335,2 k €	+30.3%	257,2 k €	-17.1%	310,4 k €	+4.0%	298,4 k €	+4.1%	286,7 k €	+15.2%	248,8 k €	+5.1%	236,7 k €	+7.1%	221,1 k €	+10.7%	199,8 k €	+4.7%	190,8 k €	+44.1%	132,4 k €	+22.8%	107,9 k €	+0.6%	107,2 k €	+3.6%	103,4 k €
Total assets	1,4 M €	-0.3%	1,4 M €	+1.4%	1,4 M €	+3.2%	1,4 M €	+12.8%	1,2 M €	+11.0%	1,1 M €	+10.1%	991,6 k €	+7.0%	926,8 k €	+13.1%	819,2 k €	+17.8%	695,4 k €	+12.9%	616 k €	+7.7%	572,1 k €	-25.7%	770,1 k €	+21.5%	633,7 k €	-18.0%	772,9 k €	+42.6%	541,9 k €	+2.1%	531 k €	+40.7%	377,3 k €	+13.8%	331,5 k €
Cash	251,5 k €	-7.9%	273,1 k €	-3.4%	282,8 k €	+50.0%	188,5 k €	+6.1%	177,6 k €	+34.0%	132,5 k €	+48.1%	89,5 k €	+37.9%	64,9 k €	+32.1%	49,2 k €	-2.9%	50,6 k €	+76.8%	28,6 k €	-41.2%	48,7 k €	-21.5%	62,1 k €	+214%	19,7 k €	-56.5%	45,4 k €	+103%	22,4 k €	-72.9%	82,4 k €	+166%	31 k €	+479%	5,4 k €
Debts	637,9 k €	-18.9%	786,3 k €	-1.0%	794,3 k €	-2.2%	812,5 k €	+0.8%	805,9 k €	+6.8%	754,5 k €	+2.9%	732,9 k €	+21.7%	602,1 k €	+20.5%	499,7 k €	+22.6%	407,6 k €	+12.3%	362,9 k €	+8.2%	335,4 k €	-37.8%	539 k €	+24.2%	433,9 k €	-25.5%	582,1 k €	+44.1%	403,9 k €	-4.3%	422,2 k €	+57.0%	268,9 k €	+18.8%	226,3 k €
Other
Workforce	4,7 ETP	-7.8%	5,1 ETP	-7.3%	5,5 ETP	0.0%	5,5 ETP	+14.6%	4,8 ETP	+26.3%	3,8 ETP	-9.5%	4,2 ETP	-12.5%	4,8 ETP	-7.7%	5,2 ETP	+8.3%	4,8 ETP	+2.1%	4,7 ETP	+4.4%	4,5 ETP	+18.4%	3,8 ETP	+18.7%	3,2 ETP	+68.4%	1,9 ETP	+26.7%	1,5 ETP	0.0%	1,5 ETP	0.0%	1,5 ETP	+66.7%	0,9 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 9 ended

Active mandates

Marianne HUNNINCK

Director

Active

Thierry COMBES

Director

Active

Ended mandates

Marianne HUNNINCK

Director · since 01 octobre 2018

Ended

Marianne HUNNINCK

Director · since 01 janvier 2018

Ended

Thierry COMBES

Director · since 01 janvier 2018

Ended

Thierry COMBES

Director · since 11 septembre 2003

Ended

At this address

Other companies at this address

Company	CBE no.
Safety Matters● Active	1039.430.719

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	24/06/2026	26/08/2025	30/08/2024	30/08/2023	31/08/2022	31/08/2021
General meeting	14/06/2026	14/06/2025	14/06/2024	14/06/2023	14/06/2022	14/06/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	14/06/2026	24/06/2026	Dutch	PDF
Abridged model	31/12/2024	14/06/2025	26/08/2025	Dutch	PDF
Abridged model	31/12/2023	14/06/2024	30/08/2024	Dutch	PDF
Abridged model	31/12/2022	14/06/2023	30/08/2023	Dutch	PDF
Abridged model	31/12/2021	14/06/2022	31/08/2022	Dutch	PDF
Abridged model	31/12/2020	14/06/2021	31/08/2021	Dutch	PDF
Abridged model	31/12/2019	15/06/2020	09/07/2020	Dutch	PDF
Abridged model	31/12/2018	14/06/2019	27/08/2019	Dutch	PDF
Abridged model	31/12/2017	14/06/2018	18/08/2018	Dutch	PDF
Abridged model	31/12/2016	14/06/2017	26/06/2017	Dutch	PDF
Abridged model	31/12/2015	14/06/2016	15/07/2016	Dutch	PDF
Abridged model	31/12/2014	15/06/2015	31/07/2015	Dutch	PDF
Abridged model	31/12/2013	14/06/2014	28/08/2014	Dutch	PDF
Abridged model	31/12/2012	14/06/2013	31/07/2013	Dutch	PDF
Abridged model	31/12/2011	14/06/2012	10/07/2012	Dutch	PDF
Abridged model	31/12/2010	14/06/2011	08/07/2011	Dutch	PDF
Abridged model	31/12/2009	28/05/2010	07/07/2010	Dutch	PDF
Abridged model	31/12/2008	14/06/2009	03/07/2009	Dutch	PDF
Abridged model	31/12/2007	14/06/2008	07/07/2008	Dutch	PDF
Abridged model	31/12/2006	14/06/2007	12/07/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 9 ended

Active mandates

Marianne HUNNINCK

Director

Active

Thierry COMBES

Director

Active

Ended mandates

Marianne HUNNINCK

Director · since 01 octobre 2018

Ended

Marianne HUNNINCK

Director · since 01 janvier 2018

Ended

Thierry COMBES

Director · since 01 janvier 2018

Ended

Thierry COMBES

Director · since 11 septembre 2003

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates12/08/2026
Ontslag - Benoeming
PDF
Mandates16/07/2026
ONTSLAGEN - BENOEMINGEN
PDF
Mandates17/03/2025
WIJZIGING RECHTSVORM - BENAMING - ONTSLAGEN - BENOEMINGEN
PDF
Mandates13/10/2017
ONTSLAGEN - BENOEMINGEN
PDF
Mandates15/04/2015
ONTSLAGEN - BENOEMINGEN
PDF
Mandates11/10/2010
MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
PDF
Mandates29/01/2008
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares25/10/2005
ALGEMENE VERGADERING - KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

2025
Annual accounts 2025144,5 k €↓
2024
Annual accounts 2024188,6 k €↑
2023
Annual accounts 2023167,8 k €↑
2022
Annual accounts 2022158,9 k €↑
2021
Annual accounts 202197,3 k €↑
2019
Annual accounts 201978 k €↑
2018
Annual accounts 201836,8 k €↑
2017
Annual accounts 201711,9 k €↑
2016
Annual accounts 201611,8 k €↓
2015
Annual accounts 201537,8 k €↑
2014
Annual accounts 201412,1 k €↓
2013
Annual accounts 201315,6 k €↓
2012
Annual accounts 201221,3 k €↑
2011
Annual accounts 20119 k €↓
2010
Annual accounts 201058,4 k €↑
2009
Annual accounts 200924,6 k €↑
2008
Annual accounts 2008688,4 €↓
2007
Annual accounts 20073,8 k €↓
2006
Annual accounts 200621,7 k €
24/12/1981
IncorporationPrivate limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

Branson CD

Overview

What does Branson CD do?

Trend over 19 financial years

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline