ACTIVE

Brace Shop Namur

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Financial year 2025 · closed on 31/12/2025

Net result

109 k €

+131.7% YoY

Gross margin

449,4 k €

+709.3% YoY

Equity

455,8 k €

+31.4% YoY

Workforce

4,5 ETP

-22.4% YoY

What does Brace Shop Namur do?

Brace Shop Namur is a Public limited company incorporated in 1990. Its registered office is in Namur. It employs on average 4,5 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0440.492.737

Incorporation

10/04/1990

Legal form

Public limited company

Registered office

Rue de l'Institut(BU) 5 box 001
5004 Namur · WallonieSee on map

Contributed capital

62 000,00 €

Latest accounts

31/12/2025

Average workforce

4,5 ETP

Joint committees (5)

100
128
12806
201
218

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007
Income statement
Gross margin	449,4 k €	+709%	55,5 k €	-90.4%	580,5 k €	+43.0%	406 k €	+25.3%	323,9 k €	-15.8%	384,8 k €	-15.8%	457,2 k €	+43.8%	317,9 k €	-10.0%	353,2 k €	+10.7%	319,1 k €	+2.9%	310,3 k €	-36.2%	486,1 k €	-6.1%	517,9 k €	+17.1%	442,2 k €	+25.5%	352,4 k €	-8.8%	386,2 k €	+8.1%	357,2 k €	+17.0%	305,4 k €	+8.4%	281,7 k €
EBITDA	113,3 k €	+133%	-338,7 k €	-2162%	16,4 k €	+9.5%	15 k €	+163%	-23,8 k €	-126%	-10,5 k €	-114%	73,6 k €	+88.7%	39 k €	-60.8%	99,4 k €	+433%	-29,9 k €	-59.0%	-18,8 k €	-175%	25,2 k €	-56.2%	57,6 k €	+51.6%	38 k €	+183%	13,4 k €	-45.1%	24,4 k €	+178%	8,8 k €	-24.7%	11,7 k €	-83.9%	72,3 k €
Operating result	113,3 k €	+133%	-338,7 k €	-2162%	16,4 k €	+12.4%	14,6 k €	+160%	-24,2 k €	-124%	-10,8 k €	-115%	70 k €	+89.2%	37 k €	-58.7%	89,6 k €	+319%	-40,9 k €	-79.6%	-22,8 k €	-223%	18,5 k €	-62.4%	49,3 k €	+80.9%	27,2 k €	+692%	3,4 k €	-79.7%	17 k €	+498%	2,8 k €	+123%	-12,3 k €	-129%	43 k €
Net result	109 k €	+132%	-343,7 k €	-17656%	2 k €	-73.1%	7,3 k €	+131%	-23,7 k €	-119%	-10,8 k €	-121%	50,9 k €	+109%	24,3 k €	+29.1%	18,8 k €	+210%	-17,1 k €	-120%	-7,8 k €	-147%	16,6 k €	-63.8%	45,9 k €	+52.6%	30,1 k €	+160%	11,6 k €	-41.1%	19,6 k €	+237%	5,8 k €	+166%	-8,8 k €	-127%	33,2 k €
Balance sheet
Equity	455,8 k €	+31.4%	346,8 k €	-49.8%	690,5 k €	+0.3%	688,5 k €	+1.1%	681,2 k €	-3.4%	704,9 k €	-1.5%	715,7 k €	+7.7%	664,8 k €	+3.8%	640,5 k €	+3.0%	621,7 k €	-2.7%	638,8 k €	-1.2%	646,6 k €	+2.6%	629,9 k €	+7.9%	584,1 k €	+5.4%	554 k €	+2.1%	542,4 k €	+3.8%	522,8 k €	+1.1%	517 k €	-1.7%	525,8 k €
Total assets	749,8 k €	-5.2%	791 k €	-36.3%	1,2 M €	-2.0%	1,3 M €	-1.0%	1,3 M €	-3.1%	1,3 M €	-5.8%	1,4 M €	+7.5%	1,3 M €	-6.8%	1,4 M €	-11.8%	1,6 M €	+7.3%	1,5 M €	+3.5%	1,4 M €	+10.8%	1,3 M €	+13.0%	1,1 M €	-0.1%	1,1 M €	-5.1%	1,2 M €	+5.0%	1,1 M €	+26.6%	903,9 k €	-2.5%	927,1 k €
Cash	54,8 k €	+232%	16,5 k €	+46.2%	11,3 k €	+19.3%	9,5 k €	-54.9%	21 k €	-13.9%	24,4 k €	+62.1%	15 k €	-45.9%	27,8 k €	+173%	10,2 k €	+29.5%	7,9 k €	+505%	1,3 k €	-84.5%	8,4 k €	+180%	3 k €	+5.0%	2,8 k €	+117%	1,3 k €	-89.2%	12,1 k €	+29.7%	9,4 k €	-21.0%	11,9 k €	+20.9%	9,8 k €
Debts	294,1 k €	-33.8%	444,3 k €	-19.5%	551,8 k €	-4.7%	578,9 k €	-3.4%	599,4 k €	-2.7%	616,3 k €	-10.2%	686,2 k €	+7.4%	638,9 k €	-15.7%	758,1 k €	-21.3%	963,3 k €	+14.9%	838,6 k €	+11.8%	749,8 k €	+18.3%	634 k €	+17.9%	537,6 k €	-8.3%	586,1 k €	-11.0%	658,7 k €	+6.6%	617,9 k €	+60.4%	385,1 k €	-3.0%	397 k €
Other
Workforce	4,5 ETP	-22.4%	5,8 ETP	-1.7%	5,9 ETP	0.0%	5,9 ETP	-4.8%	6,2 ETP	-10.1%	6,9 ETP	+13.1%	6,1 ETP	+15.1%	5,3 ETP	+12.8%	4,7 ETP	-23.0%	6,1 ETP	+5.2%	5,8 ETP	-19.4%	7,2 ETP	+14.3%	6,3 ETP	-3.1%	6,5 ETP	+14.0%	5,7 ETP	-13.6%	6,6 ETP	-1.5%	6,7 ETP	+15.5%	5,8 ETP	+7.4%	5,4 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 6 active · 39 ended

Active mandates

Mucho Más Management

Director · since 01 mai 2024 · until 15 juin 2029 · 1005.036.301

Represented by Eline Coenen

Active

A Plus Label Management

Director · since 30 novembre 2023 · until 15 juin 2029 · 1001.261.714

Represented by Lien Geutjens

Active

Ann Van Haesendonck

Managing director · since 30 novembre 2023 · until 15 juin 2029

Active

Lena Van Haesendonck

Chairman of the board of directors · since 30 novembre 2023 · until 15 juin 2029

Active

Lia-Cia

Director · since 30 novembre 2023 · until 15 juin 2029 · 1001.142.641

Represented by Amélie Godfroid

Active

OrthoLeuv

Managing director · since 30 novembre 2023 · until 15 juin 2029 · 0805.348.636

Represented by Thomas Wijns

Active

Ended mandates

Mucho Más Management

Director · since 01 mai 2024 · until 15 juin 2029 · 1005.036.301

Represented by Eline Coenen

Ended

Ann Van Haesendonck

Director · since 30 novembre 2023 · until 15 juin 2029

Ended

Lena Van Haesendonck

Director · since 30 novembre 2023 · until 15 juin 2029

Ended

Lia-Cia

Director · since 30 novembre 2023 · until 15 juin 2029 · 1001.142.641

Represented by Amélie Godfroid

Ended

At this address

Other companies at this address

Company	CBE no.
RESIDENCE LA BOUGEOISE ACP● Active	0850.896.272

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	01/10/2022	01/10/2021	01/10/2020	01/10/2019
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	30/09/2022	30/09/2021	30/09/2020
Length of the financial year	12 months	12 months	15 months	12 months	12 months	12 months
Filing date	25/06/2026	17/06/2025	18/06/2024	20/03/2023	29/03/2022	19/03/2021
General meeting	11/06/2026	11/06/2025	07/06/2024	17/03/2023	18/03/2022	19/03/2021
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	11/06/2026	25/06/2026	French	PDF
Abridged model	31/12/2024	11/06/2025	17/06/2025	French	PDF
Abridged model	31/12/2023	07/06/2024	18/06/2024	French	PDF
Abridged model	30/09/2022	17/03/2023	20/03/2023	French	PDF
Abridged model	30/09/2021	18/03/2022	29/03/2022	French	PDF
Abridged model	30/09/2020	19/03/2021	19/03/2021	French	PDF
Abridged model	30/09/2019	20/03/2020	24/04/2020	French	PDF
Abridged model	30/09/2018	15/03/2019	26/03/2019	French	PDF
Abridged model	30/09/2017	16/03/2018	27/03/2018	French	PDF
Abridged model	30/09/2016	17/03/2017	29/03/2017	French	PDF
Abridged model	30/09/2015	18/03/2016	31/03/2016	French	PDF
Abridged model	30/09/2014	20/03/2015	27/03/2015	French	PDF
Abridged model	30/09/2013	21/03/2014	30/04/2014	French	PDF
Abridged model	30/09/2012	15/03/2013	25/04/2013	French	PDF
Abridged model	30/09/2011	16/03/2012	27/04/2012	French	PDF
Abridged model	30/09/2010	18/03/2011	21/03/2011	French	PDF
Abridged model	30/09/2009	19/03/2010	30/03/2010	French	PDF
Abridged model	30/09/2008	20/03/2009	23/03/2009	French	PDF
Abridged model	30/09/2007	21/03/2008	09/04/2008	French	PDF
Abridged model	30/09/2006	16/03/2007	26/03/2007	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 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 · 6 active · 39 ended

Active mandates

Mucho Más Management

Director · since 01 mai 2024 · until 15 juin 2029 · 1005.036.301

Represented by Eline Coenen

Active

A Plus Label Management

Director · since 30 novembre 2023 · until 15 juin 2029 · 1001.261.714

Represented by Lien Geutjens

Active

Ann Van Haesendonck

Managing director · since 30 novembre 2023 · until 15 juin 2029

Active

Lena Van Haesendonck

Chairman of the board of directors · since 30 novembre 2023 · until 15 juin 2029

Active

Lia-Cia

Director · since 30 novembre 2023 · until 15 juin 2029 · 1001.142.641

Represented by Amélie Godfroid

Active

OrthoLeuv

Managing director · since 30 novembre 2023 · until 15 juin 2029 · 0805.348.636

Represented by Thomas Wijns

Active

Ended mandates

Mucho Más Management

Director · since 01 mai 2024 · until 15 juin 2029 · 1005.036.301

Represented by Eline Coenen

Ended

Ann Van Haesendonck

Director · since 30 novembre 2023 · until 15 juin 2029

Ended

Lena Van Haesendonck

Director · since 30 novembre 2023 · until 15 juin 2029

Ended

Lia-Cia

Director · since 30 novembre 2023 · until 15 juin 2029 · 1001.142.641

Represented by Amélie Godfroid

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates08/07/2024
DEMISSIONS, NOMINATIONS
PDF
Mandates28/12/2023
DENOMINATION - DEMISSIONS, NOMINATIONS
PDF
Mandates09/10/2023
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - DIVERS - DEMISSIONS, NOMINATIONS - ASSEMBLEE GENERALE - ANNEE COMPTABLE
PDF
Mandates26/11/2021
DEMISSIONS, NOMINATIONS
PDF
Mandates26/04/2017
DEMISSIONS, NOMINATIONS
PDF
Capital / shares06/03/2012
CAPITAL, ACTIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Mandates28/05/2010
DEMISSIONS, NOMINATIONS
PDF
Registered office31/01/2005
SIEGE SOCIAL
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 2025109 k €↑
2024
Annual accounts 2024-343,7 k €↓
2023
Annual accounts 20232 k €↓
2023
Name changeBrace Shop Namur
2022
Annual accounts 20227,3 k €↑
2021
Annual accounts 2021-23,7 k €↓
2020
Annual accounts 2020-10,8 k €↓
2019
Annual accounts 201950,9 k €↑
2018
Annual accounts 201824,3 k €↑
2017
Annual accounts 201718,8 k €↑
2016
Annual accounts 2016-17,1 k €↓
2015
Annual accounts 2015-7,8 k €↓
2014
Annual accounts 201416,6 k €↓
2013
Annual accounts 201345,9 k €↑
2012
Annual accounts 201230,1 k €↑
2011
Annual accounts 201111,6 k €↓
2010
Annual accounts 201019,6 k €↑
2009
Annual accounts 20095,8 k €↑
2008
Annual accounts 2008-8,8 k €↓
2007
Annual accounts 200733,2 k €
2007
Name changeOrthopedie Van Haesendonck
10/04/1990
IncorporationPublic 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

Brace Shop Namur

Overview

What does Brace Shop Namur 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