Skip to content

BRANDS TRADE

Active
Public limited companyfounded 20197 yrs activeNapoleonkaai 11, 2000 Antwerpen, BelgiumKBO/BCE: BE 0726.981.445

BRANDS TRADE has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €217k and a net result of €25k. Equity is growing by ~14.8% per year across the filed fiscal years. Its solvency ranks better than 35% of 166 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).

Checked score

Score 2025
53 / 100
Fair▼ -8 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability58▼-10
Solvency35▲+6
Growth78=
Stability100
Bankruptcy probability, 12 months
0.7% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €11k at 30 days acceptable
Liquidity short (current ratio 0.17 against 0.06 in 2024), and 71.4% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Seven signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 7 years 0 10 y
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
28.6%
Return on assets
3.3%
Age of the figures
9 mo
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 18
Relative position
BE, all sectors
reference
Sector 18
lower
← fewer bankruptcies more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 08-07-2026, 23 days ahead of the deadline.
NBB · 6 filings
Deviation from the deadline
2025
23 d early
2024
41 d early
2023
42 d early
2022
26 d early
2021
122 d early
2020
60 d early
← before the deadline after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
16-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, full schema

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€25k▼ 3.4%
2024 · €26k
2020: €18k 2021: €47k 2022: €18k 2023: €20k 2024: €26k
2020 → 2025
Working capital
€-236k▼ 11.3%
2024 · €-212k
2020: €-63k 2021: €-81k 2022: €-167k 2023: €-192k 2024: €-212k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€127k-€145k▲ 14.6%€165k▲ 14.0%€191k▲ 15.8%€217k▲ 13.2%
Operating result€69k-€35k▼ 48.9%€35k▼ 2.1%€43k▲ 24.9%€42k▼ 2.7%
Net result€47k-€18k▼ 60.4%€20k▲ 10.1%€26k▲ 28.7%€25k▼ 3.4%
Result per fiscal year
Operating resultNet result
€0€20k€40k€60kOperating result 2021: €69k€69kNet result 2021: €47k€47kOperating result 2022: €35k€35kNet result 2022: €18k€18kOperating result 2023: €35k€35kNet result 2023: €20k€20kOperating result 2024: €43k€43kNet result 2024: €26k€26kOperating result 2025: €42k€42kNet result 2025: €25k€25k20212022202320242025
The operating result falls in 2025; 2025 is 3% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €758k
Fixed assets €708k▼ 4.2%
Current assets €49k▲ 261%
Equity and liabilities €758k
Equity €217k▲ 13.2%
Provisions €30k▼ 9.1%
Debt €510k▼ 3.3%
The debt ratio falls from 70.1% to 67.4%: equity grows while debt is paid down.
Key figures and ratios
2025 value · change against 2024
EBITDA
€73k
2024 · €77k
Cash flow
€56k
2024 · €60k
Solvency
28.6%
2024 · 25.4%
Current ratio
0.17
2024 · 0.06
Quick ratio
0.17
2024 · 0.06
Debt / equity
2.35
2024 · 2.76
ROE
11.7%
2024 · 13.7%
ROA
3.3%
2024 · 3.5%
Interest coverage
9.13
2024 · 9.65
Debt
€510k
2024 · €528k
Debt ≤ 1 year
€285k
2024 · €226k
Debt > 1 year
€225k
2024 · €302k
Income taxes
€12k
2024 · €12k
Staff costs
€60k
2024 · €58k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet Code20242025
Assets
Total assets20/58€753k€758k
Fixed assets21/28€739k€708k
Tangible fixed assets22/27€739k€708k
Land and buildings22€720k€693k
Furniture and vehicles24€19k€15k
Current assets29/58€14k€49k
Amounts receivable within one year40/41€0€37k
Trade receivables40€0€37k
Cash at bank and in hand54/58€12k€10k
Deferred charges and accrued income490/1€2k€2k
Equity and liabilities
Total equity and liabilities10/49€753k€758k
Equity10/15€191k€217k
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€1k€6k
Non-distributable reserves130/1€1k€6k
Legal reserve130€1k€6k
Profit (loss) carried forward14€129k€149k
Provisions and deferred taxes16€34k€30k
Deferred taxes168€34k€30k
Amounts payable17/49€528k€510k
Amounts payable after more than one year17€302k€225k
Financial debts170/4€302k€225k
Amounts payable within one year42/48€226k€285k
Current portion of amounts payable after more than one year42€76k€77k
Trade debts44€4k€36k
Suppliers440/4€4k€36k
Taxes, remuneration and social security45€22k€28k
Taxes450/3€10k€14k
Remuneration and social security454/9€12k€14k
Other amounts payable47/48€123k€144k
Accrued charges and deferred income492/3€0-
Income statement Code20242025
Remuneration, social security and pensions62€58k€60k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€34k€31k
Other operating charges640/8€5k€5k
Gross operating margin9900€140k€138k
Operating profit (loss)9901€43k€42k
Financial charges65/66B€8k€8k
Recurring financial charges65€8k€8k
Profit (loss) for the period before taxes9903€35k€34k
Transfer from deferred taxes780€3k€3k=
Income taxes67/77€12k€12k
Profit (loss) for the period9904€26k€25k
Profit (loss) for the period to be appropriated9905€26k€25k
Appropriation of the result
Profit (loss) to be appropriated9906€129k€154k
Profit (loss) brought forward from the previous period14P€103k€129k
Transfer to equity691/2-€5k
To the legal reserve6920-€5k
Social balance
Average headcount (FTE)90871.01.0=

The notes to these accounts (13 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Download as CSV

Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
08-07
NBB filing Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial Equity above €200kEq €217k ▲13.2%
6 profitable years in a row build equity to €217k.
20-06
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
19-06
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial Equity above €150kEq €165k ▲14%
4 profitable years in a row build equity to €165k.
05-07
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-03
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial Highest result since 2020net €47k ▲154%
Operating result €69k, net result €47k, both a record.
31-12
Financial Equity above €100kEq €127k ▲58.4%
2 profitable years in a row build equity to €127k.
01-06
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
4 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Antwerpen · 1 establishment unit since 2019
establishment The establishment unit on the map
Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Napoleonkaai 112000 Antwerpen
Ground area
4,448 m²
Building footprint
473 m²
Volume, LiDAR
9,563 m³
Parcel 11802B0045/00C005, Flanders · tallest building 22.7 m, ±7 floors. Linked by address, not a title deed.
1 establishment unit
BRANDS TRADE
Napoleonkaai 11, 2000 AntwerpenOther printing
since 20192.289.960.162
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
11802B0045/00C005
ProtectedMonumentCommissariaat Politie Havenafdeling: gevels en bedakingSource ↗
Flanders 4,448 m² 1 · 473 m² 22.7 m · 7 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).

Similar companies · same sector, comparable size

Of 2,858 companies in sector 18130 we hold annual accounts for 831. 626 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPublic limited company
Founded21-05-2019
Fiscal year end31-12
Activities, NACEBEL
18130Pre-press and pre-media services
77400Rental and leasing activities
18120Other printing
52100Warehousing and storage
74103Other professional, scientific and technical activities
74120Graphic design and visual communication
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers

Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.