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BRAND PARTNERS

Active
Public limited companyfounded 2009active for 17 yearsAvenue de l'Artisanat 1 D, 1420 Braine-l'Alleud, BelgiumKBO/BCE: BE 0811.559.903
Summary

The computed 12-month bankruptcy probability of BRAND PARTNERS is 3.8% (moderate). The 2024 annual accounts show negative equity (-€558,938) and a net result of €22,856. Equity is shrinking by about 49% per year across the filed financial years. Its solvency ranks better than 5% of 6,488 sector peers (NACE 47, financial year 2024). The company has been active since 2009 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
Other retail sale of new goods
NACE 47789Business and other management consultancy NACE 70200
1 site
Size
€141,894total assets 2024
Staff
16.1 FTE
Equity
-€558,938
Profit
€22,856
Financial health
47 Fair Checked score 2024
Bankruptcy probabilitywithin 12 months
3.8%
Structure
Largest shareholder
PROACTIVE PARTNERS · 50%
Accounts 82 days overdue1 of 6 deeds read
Why 47raises riskLiquidity: current ratio 0.26Figures for financial year 2024 (filed 10-09-2025)1 financial year not filed after the legal deadline; latest accounts 40 days late; 2 of the last 3 latelowers riskFounded in 2009Show the evidence

Checked score

Score 2024
47 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 23% of its sector peers (NACE 47, small)
Financial strength · tick = 2023
Weak
Solvency 0=
equity -393.9% of total assets
Liquidity 0-39
short-term debt 288.5%
Profitability 57+5
return on assets 16.1%
Bankruptcy probability, 12 months
3.8% Moderate
0%0.5%1.5%4%10%≥ 25%

About 4 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (3,691 companies, NACE 47, small)
Last 24 months 11-2024: 1.7%lowest value 12-2024: 1.7%● unchanged vs 11-2024lowest value 01-2025: 1.7%● unchanged vs 12-2024lowest value 02-2025: 1.8%▲ +0.1 percentage points vs 01-2025 03-2025: 1.7%▼ -0.1 percentage points vs 02-2025 04-2025: 1.8%▲ +0.1 percentage points vs 03-2025 05-2025: 2.0%▲ +0.2 percentage points vs 04-2025 06-2025: 1.9%▼ -0.1 percentage points vs 05-2025 07-2025: 1.8%▼ -0.1 percentage points vs 06-2025 08-2025: 2.2%▲ +0.4 percentage points vs 07-2025 09-2025: 2.6%▲ +0.4 percentage points vs 08-2025 10-2025: 4.2%▲ +1.6 percentage points vs 09-2025 11-2025: 4.2%● unchanged vs 10-2025 12-2025: 4.2%● unchanged vs 11-2025 01-2026: 4.2%● unchanged vs 12-2025 02-2026: 4.3%▲ +0.1 percentage points vs 01-2026 03-2026: 4.2%▼ -0.1 percentage points vs 02-2026 04-2026: 4.4%▲ +0.2 percentage points vs 03-2026 05-2026: 4.7%▲ +0.3 percentage points vs 04-2026 06-2026: 4.5%▼ -0.2 percentage points vs 05-2026 07-2026: 4.6%▲ +0.1 percentage points vs 06-2026 08-2026: 5.1%▲ +0.5 percentage points vs 07-2026 09-2026: 5.7%▲ +0.6 percentage points vs 08-2026highest value 10-2026: 3.8%▼ -1.9 percentage points vs 09-2026
No credit on open account
Liquidity insufficient (current ratio 0.26, compared with 0.55 in 2023, below 1; short-term debt: 288.5% of total assets), and equity is negative.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 47, small): better than 2% on solvency, 0% on liquidity, 38% on profitability and 51% on growth.

The bankruptcy probability was computed on 20-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Seven signals.
lowers riskraises riskneutral
raises risk · Liquidity: current ratio 0.26
NBB · annual accounts
raises risk · Figures for financial year 2024 (filed 10-09-2025)
NBB · annual accounts
lowers risk · Founded in 2009
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
raises risk · 1 financial year not filed after the legal deadline; latest accounts 40 days late; 2 of the last 3 late
NBB · filings
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 5% of 6488 sector peers (2024).
NBB · sector comparison
Position among 6488 sector peers
Solvency
better than 5%
← weakest strongest →
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 82 days later.
NBB · 10 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline21-10-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 09-09-2025, 40 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
not filed
2024
40 days late
2023
30 days late
2022
32 days late
2021
31 days late
2020
31 days late
2019
31 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 33 days after the deadline; the sector median (NACE 47) for financial year 2024 is on the deadline day, and 47% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2024 · full…
  2. Registered officeRegistered-office move
  3. Annual accounts filedfinancial year 2023 · full…

Key points

  • Risk: Negative equityfinancial year 2024: debts exceed assets -€558,938 View
  • Caution: Among the weakest 5% on solvencysector median 32.6% · 6,488 companies -393.9% View
  • Caution: Accounts not fileddeadline was 31-07-2026 82 days late View

By topic

Financials

Financial year
2024
Total assets
€141,894
Profit
€22,856
Solvency
-393.9%
Total assets▼ 63.1%
Net result
20182024
Go to Financials

Timeline

Events
19
Since
2011
  1. 31-12-2023Back to profit
  2. 01-09-2023Annual accounts filed
  3. 31-08-2022Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Other retail sale of new goodsNACE 47789
Founded
06-05-2009
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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