ACTIVE

BRAET

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Financial year 2025 · closed on 30/11/2025
Net result
978,7 k €
-26.7% YoY
Revenue
80,2 M €
+7.6% YoY
Equity
19,3 M €
+3.1% YoY
Workforce
12,2 ETP
-9.6% YoY

What does BRAET do?

BRAET is a Public limited company incorporated in 2005. Its main activity is: Wholesale of grain, unmanufactured tobacco, seeds and animal feeds. Its registered office is in Wielsbeke. It employs on average 12,2 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0874.417.089
Incorporation
13/06/2005
Legal form
Public limited company
Registered office
Kanaalweg(O) 13
8710 Wielsbeke · FlandreSee on map
Contributed capital
5 962 000,00 €
Latest accounts
30/11/2025
Average workforce
12,2 ETP
Activities (NACE)
46211Wholesale of grain, unmanufactured tobacco, seeds and animal feeds· main46211Wholesale of grain, unmanufactured tobacco, seeds and animal feeds46216Wholesale of grain, unmanufactured tobacco, seeds and animal feeds46216Wholesale of grain, unmanufactured tobacco, seeds and animal feeds51210Freight air transport
Joint committees (5)
  • 118
  • 119
  • 11901
  • 200
  • 218
Signals
ProfitableSolid equityLow riskGood liquidityHealthy social debtsHigh revenue
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 16 financial years

2025202420232022201820172016201520142013201220112009200820072006
Income statement
Revenue80,2 M €74,5 M €71,8 M €151,3 M €52,3 M €54 M €59,7 M €65,7 M €63,3 M €81,7 M €66,3 M €59,5 M €63,7 M €96,4 M €51,5 M €42,5 M €
EBITDA-637,7 k €2 M €2,5 M €6,3 M €1,5 M €1,9 M €1,1 M €847,8 k €290,4 k €1,8 M €3,1 M €2,6 M €277,5 k €2 M €2,5 M €1,9 M €
Operating result1,5 M €1,6 M €2,2 M €5,9 M €1,3 M €1,7 M €1,1 M €698,1 k €67,1 k €1,6 M €2,9 M €2,4 M €110,6 k €1,8 M €2,4 M €1,8 M €
Net result978,7 k €1,3 M €1,8 M €4,4 M €1,1 M €898,8 k €769,4 k €723,7 k €472,7 k €1,1 M €1,9 M €1,8 M €127,7 k €1,3 M €1,7 M €1,5 M €
Balance sheet
Equity19,3 M €18,7 M €17,4 M €15,6 M €14,3 M €13,3 M €12,4 M €11,6 M €10,9 M €12,6 M €13,5 M €11,6 M €9,7 M €9,6 M €8,3 M €6,6 M €
Total assets35,9 M €36,9 M €32,1 M €36 M €23,9 M €25,4 M €22,9 M €27 M €23,1 M €22,2 M €29,6 M €21,3 M €20,2 M €16,9 M €17,5 M €12,3 M €
Cash2,4 M €4,2 M €3,7 M €3,6 M €6,9 M €6,2 M €2,6 M €2,4 M €2,6 M €7,4 M €9,6 M €8,1 M €1,5 M €1,2 M €2 M €1,1 M €
Debts16,4 M €15,7 M €12,2 M €17,9 M €7,5 M €10 M €7,8 M €12,2 M €8,9 M €6,3 M €13,2 M €6,4 M €5,7 M €6,7 M €8,6 M €5,1 M €
Other
Workforce12,2 ETP13,5 ETP12,8 ETP13,0 ETP10,4 ETP10,6 ETP11,8 ETP11,7 ETP12,1 ETP13,6 ETP12,6 ETP12,8 ETP13,3 ETP13,2 ETP9,6 ETP15,7 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 10 M€ and 25 M€
See the valuation
Governance

Board of directors

Seen on filing of 30/11/2025 · 2 active · 24 ended

Active mandates

BRAREM

Managing director · since 06 mai 2024 · until 06 mai 2030 · 0508.793.209

Represented by Antoine Braet

Active
Stannie

Managing director · since 06 mai 2024 · until 06 mai 2030 · 0563.327.993

Represented by Christian Braet

Active

Ended mandates

BRAREM

Managing director · since 27 août 2018 · until 06 mai 2024 · 0508.793.209

Represented by Antoine Braet

Ended
BRAREM

Managing director · since 27 août 2018 · until 03 juin 2024 · 0508.793.209

Represented by Antoine Braet

Ended
BRAREM

Managing director · since 27 août 2018 · until 03 juin 2024 · 0508.793.209

Represented by Antoine BRAET

Ended
Immobra

Director · since 27 août 2018 · until 03 juin 2024 · 0423.227.232

Represented by Antoine BRAET

Ended
At this address

Other companies at this address

CompanyCBE no.
Beroepsvereniging van de Lijnzaadhandelaren● Active
0409.064.836
Immobra● Active
0423.227.232
Annual accounts

Full financial information

202520242023202220202019
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/12/202401/12/202301/12/202201/01/202101/01/202001/01/2019
Closing of the financial year30/11/202530/11/202430/11/202330/11/202231/12/202031/12/2019
Length of the financial year12 months12 months12 months23 months12 months12 months
Filing date14/05/202617/07/202507/05/202431/03/202309/07/202120/07/2020
General meeting04/05/202605/05/202506/05/202430/03/202330/06/202126/06/2020
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

19 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Full model30/11/202504/05/202614/05/2026DutchPDF
Full model30/11/202405/05/202517/07/2025DutchPDF
Full model30/11/202306/05/202407/05/2024DutchPDF
Full model30/11/202230/03/202331/03/2023DutchPDF
Full model31/12/202030/06/202109/07/2021DutchPDF
Full model31/12/201926/06/202020/07/2020DutchPDF
Full model31/12/201827/06/201908/07/2019DutchPDF
Full model31/12/201727/08/201830/08/2018DutchPDF
Full model31/12/201613/07/201718/07/2017DutchPDF
Full model31/12/201526/08/201630/08/2016DutchPDF
Full model31/12/201430/06/201531/08/2015DutchPDF
Full model31/12/201331/07/201429/08/2014DutchPDF
Full model31/12/201231/07/201330/08/2013DutchPDF
Full model31/12/201131/07/201230/08/2012DutchPDF
Full model31/12/201030/06/201119/07/2011DutchPDF
Full model31/12/200930/06/201026/07/2010DutchPDF
Full model31/12/200802/06/200924/08/2009DutchPDF
Full model31/12/200702/06/200829/08/2008DutchPDF
Full model31/12/200604/06/200717/07/2007DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 10 M€ and 25 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 30/11/2025 · 2 active · 24 ended

Active mandates

BRAREM

Managing director · since 06 mai 2024 · until 06 mai 2030 · 0508.793.209

Represented by Antoine Braet

Active
Stannie

Managing director · since 06 mai 2024 · until 06 mai 2030 · 0563.327.993

Represented by Christian Braet

Active

Ended mandates

BRAREM

Managing director · since 27 août 2018 · until 06 mai 2024 · 0508.793.209

Represented by Antoine Braet

Ended
BRAREM

Managing director · since 27 août 2018 · until 03 juin 2024 · 0508.793.209

Represented by Antoine Braet

Ended
BRAREM

Managing director · since 27 août 2018 · until 03 juin 2024 · 0508.793.209

Represented by Antoine BRAET

Ended
Immobra

Director · since 27 août 2018 · until 03 juin 2024 · 0423.227.232

Represented by Antoine BRAET

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates28/01/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates27/06/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other10/01/2022
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - ALGEMENE VERGADERING - BOEKJAAR
    PDF
  • Mandates04/08/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates24/03/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates24/09/2018
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates02/10/2015
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates02/10/2015
    ONTSLAGEN - BENOEMINGEN
    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

Timeline

  1. 2025
    Annual accounts 2025978,7 k €↓
  2. 2024
    Annual accounts 20241,3 M €↓
  3. 2023
    Annual accounts 20231,8 M €↓
  4. 2022
    Annual accounts 20224,4 M €↑
  5. 2018
    Annual accounts 20181,1 M €↑
  6. 2017
    Annual accounts 2017898,8 k €↑
  7. 2016
    Annual accounts 2016769,4 k €↑
  8. 2015
    Annual accounts 2015723,7 k €↑
  9. 2014
    Annual accounts 2014472,7 k €↓
  10. 2013
    Annual accounts 20131,1 M €↓
  11. 2012
    Annual accounts 20121,9 M €↑
  12. 2011
    Annual accounts 20111,8 M €↑
  13. 2009
    Annual accounts 2009127,7 k €↓
  14. 2008
    Annual accounts 20081,3 M €↓
  15. 2007
    Annual accounts 20071,7 M €↑
  16. 2006
    Annual accounts 20061,5 M €
  17. 13/06/2005
    IncorporationPublic limited company