Red Brands Franchise Network
A bankruptcy procedure is open for Red Brands Franchise Network according to publications in the Belgian State Gazette. The 2024 annual accounts show equity of €12k and a net result of €35k.
| Equity | €12k |
| Net result | €35k |
| Better than sector | 35% |
| Active | 4 yrs |
Fragile profile, watch health in particular.
All 5 axes are computed from data Checked has read.
Bankruptcy opened
A bankruptcy procedure is already open, a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.
The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.
See plans →| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 4.0% | 16.7% | |
| Net result | €35k | €2k | |
| Equity | €12k | €27k | |
| Gross operating margin | €37k | €27k | |
| Total assets | €302k | €302k |
Show 5 other metrics
| Fiscal year | 2024 |
|---|---|
| Deposit | micro |
| Revenue | - |
| EBITDA | - |
| Net profit | €35k |
| Cash flow | - |
| Staff costs | - |
| Income taxes | - |
| Dividends | - |
| Total assets | €302k |
| Equity | €12k |
| Debt | €290k |
| of which ≤ 1y | €290k |
| of which > 1y | - |
| Working capital | €12k |
| Employees (FTE) | - |
| 2024 | |
|---|---|
| Current ratio | 1.04 |
| Quick ratio | 0.33 |
| Working capital ratio | 4.0% |
| Solvency | 4.0% |
| Debt / equity | 24.12 |
| Long-term debt ratio | - |
| Interest coverage | - |
| Gross margin | - |
| Net margin | - |
| ROA | 11.7% |
| ROE | 293.3% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Full annual accounts (19 line items)
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €302k |
| Current assets | 29/58 | €302k |
| Stocks & contracts in progress | 3 | €208k |
| Amounts receivable within one year | 40/41 | €94k |
| Cash & bank | 54/58 | €653 |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €302k |
| Equity | 10/15 | €12k |
| Contributions / capital | 10/11 | €2k |
| Accumulated profits (losses) | 14 | €10k |
| Amounts payable | 17/49 | €290k |
| Amounts payable within one year | 42/48 | €290k |
| Trade debts payable within one year | 44 | €82k |
| Income statement | ||
| Gross operating margin | 9900 | €37k |
| Operating result | 9901 | €37k |
| Financial income | 75 | €0 |
| Financial charges | 65 | €1k |
| Result before taxes | 9903 | €35k |
| Net result for the period | 9904 | €35k |
| Result to be appropriated | 9905 | €35k |
-
Yazar CanerSole directorState Gazette act 24109749 (19-07-2024)Current30-09-2023 → present
Former directors (1)
-
Cayci YavusDirectorState Gazette act 24109749 (19-07-2024)Former- → 30-09-2023
| Role | Name | Tenure | Source |
|---|---|---|---|
| Curator | BERNARD TOPPET HOEGARS BILZERSTEENWEG 263,
3700 TONGEREN-BORGLOON |
16-04-2026 → present | Belgian State Gazette |
| Curator | PHILIPPE GHES-
QUIERE BILZERSTEENWEG 263, 3700 TONGEREN-BORGLOON- |
16-04-2026 → present | Belgian State Gazette |
| NACE primary | Activiteiten van syndici van onroerend goed(68321) |
| Legal form | Private limited company(610) |
| Incorporation | 19-10-2021 |
| Status | Active |
| Postal code | 3500 |
| First insolvency signal | 22-04-2026 |
| Latest insolvency signal | 22-04-2026 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71323C0155/00H002 | Flanders | 6,122 m² | - | - |
| 72015A0350/00B000 | Flanders | 876 m² | 1 · 211 m² | 2.0 m |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
11-02-2025 Registered office moved from Heusden-Zolder to Hasselt
- Sint-Willibrordusplein 24 bus 2 3550 Heusden-Zolder → Koning Boudewijnlaan 20A, 3500 Hasselt
Technical details
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"raw": "Koning Boudewijnlaan 20A, 3500 Hasselt",
"city": "Hasselt",
"region": "vlaams_gewest",
"street": "Koning Boudewijnlaan",
"country": "BE",
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"old_address": {
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"effective_date": "2025-02-03",
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],
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"act_meta": {
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},
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},
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},
"co_filed_documents": [
"Lurk B"
]
}19-07-2024 1 director appointed, 1 resigning
- Yazar Caner, Enig bestuurder
- Cayci Yavus, Bestuurder
Technical details
{
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"reason": "de_plein_droit_dissolution",
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"effective_date": "2023-09-30",
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{
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{
"kind": "substantive_delegation",
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},
"act_meta": {
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"filing_date": "2024-07-10",
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},
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{
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}
],
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},
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},
"co_filed_documents": [],
"corrected_publication_numac": null
}| Legal nameNL | Red Brands Franchise Network |