Summary
BRANDSPLUS GROUP has a registered holding activity and consists mainly of financial fixed assets; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €2.0m and a net result of €579,085. Equity is shrinking by ~3.6% per year across the filed fiscal years. Its solvency ranks better than 95% of 4926 sector peers (fiscal year 2025). The company has been active since 1995 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Holding: general score not applicable
The company has a registered holding activity and financial fixed assets account for more than half of its assets. The general operating-company model is unsuitable for this profile, so we show no financial axes either. Filed figures remain available.
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Signals
Two signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €2.0m
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 · 10 filingsDeviation from the deadline
2025
23 d early
2024
41 d early
2023
42 d early
2022
26 d early
2021
51 d early
2020
57 d early
2019
175 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 59 days before the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.
Checked, nothing found (2)
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 monthsPosition in the running window
27-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, full schema
Source amounts without an identifiable currency are assumed to be EUR.
Turnover
€613,357▲ 29.9%
2024 · €472,326
EBIT margin
12.3%▼ 0.4pp
2024 · 12.7%
Net result
€579,085▲ 1,580%
2024 · €34,471
Working capital
-€41,620▲ 58.3%
2024 · -€99,776
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Turnover€351,000€347,880▼ 0.9%€472,326▲ 35.8%€613,357▲ 29.9%
Operating result€21,315▼ 10.8%€15,374▼ 27.9%€69,742▲ 354%€59,955▼ 14.0%€75,697▲ 26.3%
Net result€13,937▼ 98.6%€1,818▼ 87.0%€38,102▲ 1,996%€34,471▼ 9.5%€579,085▲ 1,580%
EBIT margin4.4%20.0%▲ 15.7pp12.7%▼ 7.4pp12.3%▼ 0.4pp
Equity€1.7m▼ 47.6%€1.9m▲ 8.4%€1.1m▼ 39.2%€1.3m▲ 14.1%€2.0m▲ 53.4%
Total assets€1.9m▼ 44.7%€2.5m▲ 33.7%€1.3m▼ 50.4%€1.4m▲ 13.4%€2.1m▲ 45.3%
Debt€194,056▲ 8.4%€692,550▲ 257%€134,736▼ 80.5%€145,077▲ 7.7%€106,144▼ 26.8%
Working capital-€131,548-€117,725▲ 10.5%-€86,473▲ 26.5%-€99,776▼ 15.4%-€41,620▲ 58.3%
Staff (FTE)1=1=1=1=1=
Why a figure moved sharply
- 2025 Net result +1,580%, Equity +53% on 2024. Cause not known from the registers.
- 2023 Total assets -50% on 2022. Cause not known from the registers.
- 2021 Net result -99% on 2020. Cause not known from the registers.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 26% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.1m
Fixed assets
€2.0m ▲ 45.4%
Current assets
€64,261 ▲ 42.1%
Equity and liabilities €2.1m
Equity
€2.0m ▲ 53.4%
Debt
€106,144 ▼ 26.8%
Debt's share of the balance-sheet total falls from 10.1% to 5.1%. Equity is higher and debt is lower.
Key figures and ratios
ROE
29.3%▲
2024 · 2.7%
ROA
27.8%▲
2024 · 2.4%
Debt ≤ 1 year
€105,881▼
2024 · €145,013
Income taxes
€17,524▲
2024 · €12,321
Staff costs
€86,511▲
2024 · €83,366
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Operating income70/76A | - | €351,272 | €348,690 | €472,569 | €613,594 | ▲ 29.8% |
| Turnover70 | - | €351,000 | €347,880 | €472,326 | €613,357 | ▲ 29.9% |
| Other operating income74 | - | €272 | €810 | €243 | €238 | ▼ 2.2% |
| Operating charges60/66A | - | €335,898 | €278,947 | €412,614 | €537,897 | ▲ 30.4% |
| Services and other goods61 | - | €239,383 | €195,088 | €320,014 | €440,987 | ▲ 37.8% |
| Remuneration, social security and pensions62 | €72,380 | €92,054 | €81,256 | €83,366 | €86,511 | ▲ 3.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €3,234 | €2,997 | €1,214 | €4,766 | €8,872 | ▲ 86.1% |
| Other operating charges640/8 | €1,505 | €1,464 | €1,389 | €4,468 | €1,527 | ▼ 65.8% |
| Gross operating margin9900 | €98,433 | - | - | - | - | - |
| Operating profit (loss)9901 | €21,315 | €15,374 | €69,742 | €59,955 | €75,697 | ▲ 26.3% |
| Financial income75/76B | €1,030 | €6,770 | €0 | - | €530,000 | - |
| Recurring financial income75 | €1,030 | €6,770 | €0 | - | €530,000 | - |
| Income from financial fixed assets750 | - | - | - | - | €530,000 | - |
| Income from current assets751 | - | €6,667 | €0 | - | - | - |
| Other financial income752/9 | - | €104 | €0 | - | - | - |
| Financial charges65/66B | €2,540 | €18,156 | €17,765 | €13,163 | €9,088 | ▼ 31.0% |
| Recurring financial charges65 | €2,540 | €18,156 | €17,765 | €13,163 | €9,088 | ▼ 31.0% |
| Debt charges650 | - | €796 | €3,175 | €4,546 | €653 | ▼ 85.6% |
| Other financial charges652/9 | - | €17,360 | €14,590 | €8,617 | €8,435 | ▼ 2.1% |
| Profit (loss) for the period before taxes9903 | €19,805 | €3,988 | €51,977 | €46,792 | €596,610 | ▲ 1,175% |
| Income taxes67/77 | €5,868 | €2,171 | €13,875 | €12,321 | €17,524 | ▲ 42.2% |
| Taxes670/3 | - | €2,171 | €13,875 | €12,321 | €17,524 | ▲ 42.2% |
| Tax adjustments and reversals of tax provisions77 | - | €0 | - | - | - | - |
| Profit (loss) for the period9904 | €13,937 | €1,818 | €38,102 | €34,471 | €579,085 | ▲ 1,580% |
| Profit (loss) for the period to be appropriated9905 | €13,937 | €1,818 | €38,102 | €34,471 | €579,085 | ▲ 1,580% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.9m | €2.5m | €1.3m | €1.4m | €2.1m | ▲ 45.3% |
| Fixed assets21/28 | €1.8m | €2.0m | €1.2m | €1.4m | €2.0m | ▲ 45.4% |
| Intangible fixed assets21 | €0 | - | - | - | - | - |
| Tangible fixed assets22/27 | €4,211 | €1,214 | €0 | €38,848 | €29,976 | ▼ 22.8% |
| Plant, machinery and equipment23 | €4,211 | €1,214 | €0 | €12,368 | €10,351 | ▼ 16.3% |
| Furniture and vehicles24 | - | - | - | €16,216 | €10,460 | ▼ 35.5% |
| Other tangible fixed assets26 | - | - | - | €10,264 | €9,165 | ▼ 10.7% |
| Financial fixed assets28 | €1.8m | €2.0m | €1.2m | €1.3m | €2.0m | ▲ 47.4% |
| Affiliated companies280/1 | - | €2.0m | €1.2m | €1.3m | €2.0m | ▲ 47.4% |
| Participating interests280 | - | €2.0m | €1.2m | €1.3m | €2.0m | ▲ 47.4% |
| Other financial fixed assets284/8 | - | €200 | €300 | €300 | €300 | = |
| Amounts receivable and cash guarantees285/8 | - | €200 | €300 | €300 | €300 | = |
| Current assets29/58 | €62,508 | €565,817 | €47,220 | €45,237 | €64,261 | ▲ 42.1% |
| Stocks and contracts in progress3 | - | €0 | €0 | €0 | €0 | - |
| Amounts receivable within one year40/41 | €17,226 | €493,732 | €44,404 | €9,440 | €3,789 | ▼ 59.9% |
| Trade receivables40 | €10,890 | €78,661 | €36,000 | €9,261 | €3,789 | ▼ 59.1% |
| Other amounts receivable41 | €6,336 | €415,071 | €8,404 | €179 | €0 | ▼ 100% |
| Cash at bank and in hand54/58 | €44,000 | €70,841 | €1,818 | €15,022 | €39,204 | ▲ 161% |
| Deferred charges and accrued income490/1 | €1,282 | €1,243 | €997 | €20,775 | €21,269 | ▲ 2.4% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.9m | €2.5m | €1.3m | €1.4m | €2.1m | ▲ 45.3% |
| Equity10/15 | €1.7m | €1.9m | €1.1m | €1.3m | €2.0m | ▲ 53.4% |
| Contributions10/11 | €80,000 | €80,000 | €80,000 | €80,000 | €80,000 | = |
| Capital10 | €80,000 | €80,000 | €80,000 | €80,000 | €80,000 | = |
| Issued capital100 | €80,000 | €80,000 | €80,000 | €80,000 | €80,000 | = |
| Revaluation surpluses12 | €1.6m | €1.7m | €965,629 | €1.1m | €1.7m | ▲ 58.7% |
| Reserves13 | €44,189 | €46,006 | €84,109 | €118,579 | €167,664 | ▲ 41.4% |
| Non-distributable reserves130/1 | €8,000 | €8,000 | €8,000 | €8,000 | €8,000 | = |
| Legal reserve130 | €8,000 | €8,000 | €8,000 | €8,000 | €8,000 | = |
| Distributable reserves133 | €36,189 | €38,006 | €76,109 | €110,579 | €159,664 | ▲ 44.4% |
| Profit (loss) carried forward14 | €0 | - | - | - | - | - |
| Amounts payable17/49 | €194,056 | €692,550 | €134,736 | €145,077 | €106,144 | ▼ 26.8% |
| Amounts payable within one year42/48 | €194,056 | €683,542 | €133,693 | €145,013 | €105,881 | ▼ 27.0% |
| Financial debts43 | - | €650,000 | €0 | - | - | - |
| Credit institutions430/8 | - | €650,000 | €0 | - | - | - |
| Trade debts44 | €18,066 | €11,600 | €18,260 | €9,338 | €38,986 | ▲ 318% |
| Suppliers440/4 | €18,066 | €11,600 | €18,260 | €9,338 | €38,986 | ▲ 318% |
| Taxes, remuneration and social security45 | €12,677 | €21,942 | €29,774 | €56,935 | €66,896 | ▲ 17.5% |
| Taxes450/3 | €1,241 | €11,841 | €19,592 | €41,583 | €49,191 | ▲ 18.3% |
| Remuneration and social security454/9 | €11,436 | €10,101 | €10,181 | €15,352 | €17,705 | ▲ 15.3% |
| Other amounts payable47/48 | €163,313 | €0 | €85,659 | €78,740 | €0 | ▼ 100% |
| Accrued charges and deferred income492/3 | - | €9,008 | €1,044 | €65 | €263 | ▲ 307% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €13,937 | €1,818 | €38,102 | €34,471 | €579,085 | ▲ 1,580% |
| + Depreciation and write-downs630 | €3,234 | €2,997 | €1,214 | €4,766 | €8,872 | ▲ 86.1% |
| Operating cash flow (approximation) | €17,171 | €4,815 | €39,317 | €39,237 | €587,957 | ▲ 1,398% |
| Investment in fixed assets (approximation) | - | -€142,626 | €765,376 | -€176,344 | -€639,583 | ▼ 263% |
| Change in cash | - | €26,841 | -€69,023 | €13,204 | €24,181 | ▲ 83.1% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
08-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
20-06
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
19-06
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
05-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial
Weakest financial yearnet €1,818 ▼87%
Net result drops to €1,818, the lowest in the series; recovery starts the following year.
10-05
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
04-05
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
30-11
Financial
Highest result since 2018net €1.0m ▲64.1%
Net result €1.0m, the highest in the series.
07-01
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
30-11
Financial
Equity above €2mEq €2.1m ▲35.8%
2 profitable years in a row build equity to €2.1m.
04-03
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
07-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
30-01
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
About the unread acts
We know of 6 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
6 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 · 2 establishment units since 1995
Ground area
8.9 ha
Building footprint
4,454 m²
Volume, LiDAR
15,649 m³
2 parcels, Flanders · tallest building 22.7 m, ±7 floors. Linked by address, not a title deed.
6
companies at this address
See who is registered here
2 establishment units
Brandsplus Group
since 19952.071.532.295
Brandsplus Group
since 20222.341.214.566
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11443C0521/00H003 | Flanders | 8.4 ha | 1 · 3,982 m² | 6.7 m |
| 11802B0045/00C005 | Flanders | 4,448 m² | 1 · 473 m² | 22.7 m · 7 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels 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: expect extra rules on renovation or sale.
Structure & network
Owners and holdings
5 holdings · 6 subsidiaries in the treeOwners 0
The accounts to 31-12-2025 list no shareholders, and no other source names one.
Holdings 5
-
100%
-
100%
-
100%
-
100%
-
100%
All subsidiaries, including indirect ones 6
Companies in which this company or one of its subsidiaries holds more than half, or which it consolidates according to the LEI register.
Brandsplus 100%1 subsidiary
- Plus Sport BUDE 100%
- DENIM PLUS 100%
- Footwear Plus BVNL 100%
- Pointbreak 100%
- Sneaker Plus 100%
According to the 2025 annual accounts of BRANDSPLUS GROUP and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
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Of 4,414 companies in sector 46180 we hold annual accounts for 1,887. 656 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded16-03-1995
Fiscal year end31-12
Activities, NACEBEL 2025
46180Agents specialised in the wholesale of other particular products
64210Activities of holding companies
46160Agents in the wholesale of textiles, clothing, fur, footwear and leather goods
46190Agents in non-specialised wholesale trade
E-invoicing
Reachable via Peppol
Peppol ID
0208:0454774107
Registered
16-12-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.