Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 34 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
REMBRANDT from Sint-Niklaas, company number BE0452354748, closed financial year 2025 with a result of € 87,835 after tax. For that financial year REMBRANDT recorded a gross margin of € 710,938 and equity of € 1.2 million. Compared with financial year 2024, the result moved from € 15,395 to € 87,835. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 30, 2026.
€ 1.2 million
▲ 8% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 87,835
▲ € 72,440 vs 2024
Profit after tax over the fiscal year.
€ 85,830
▲ 34% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 1.2 million.
People and assets in 2025
3.7
▼ 1.6 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 312,698
▼ 29% vs 2024
€ 84,500 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 62,944
▼ 33% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 1.6 million
▼ 12% vs 2024
€ 237,217 is repaid this year. At this pace the long-term loan is gone in ≈ 6 years.
€ 156,327
▲ 9% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 67,458
▼ 38% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 779,119 | € 693,769 | € 715,863 | € 710,938 | ▼ 1% |
| Profit after taxes | € 181,659 | € 107,006 | € 15,395 | € 87,835 | ▲ € 72,440 |
| Equity | € 950,359 | € 1,057,365 | € 1,072,760 | € 1,160,595 | ▲ 8% |
| Total debts | € 2,618,994 | € 2,504,761 | € 2,040,899 | € 1,795,439 | ▼ 12% |
| Cash | € 126,379 | € 69,686 | € 63,883 | € 85,830 | ▲ 34% |
| Land & buildings | € 2,673,736 | € 2,675,817 | € 2,566,407 | € 2,406,651 | ▼ 6% |
| Retained profit | € 944,153 | € 1,051,159 | € 1,066,555 | € 1,154,390 | ▲ 8% |
| Bank debt | € 2,345,917 | € 2,221,608 | € 1,784,882 | € 1,568,004 | ▼ 12% |
| Balance sheet total | € 3,609,704 | € 3,600,822 | € 3,148,756 | € 2,987,418 | ▼ 5% |
| Employees (FTE) | 3.3 | 5.1 | 5.3 | 3.7 | ▼ 1.6 |
Key figures of REMBRANDT, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to REMBRANDT?
What happened at REMBRANDT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 87,835 (▲ € 72,440 vs 2024). Source: NBB ↗
- MANU DE BRANT became a director. NBB
- RAPHAEL DE BRANT became a director. NBB
- New establishment in Sint-Niklaas. KBO
- IVES DE BRANT became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 181,659 profit in 2022 to € 87,835 profit in 2025.
Paid € 87,778 in corporate taxes since 2022.
Best year ever: 2022, with € 181,659 profit.
On average € 192,100 of value added per employee in 2025.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind REMBRANDT are RAPHAEL DE BRANT, MANU DE BRANT and IVES DE BRANT. IVES DE BRANT is also behind MIRO.
Directors
According to the 2025 annual accounts
RAPHAEL DE BRANT
Director
since 2024
MANU DE BRANT
Director
since 2025
since 1994
Establishments
Establishment units
Physical locations of this company
Gentse Baan 71B
9100 Sint-Niklaas
Gentse Baan 71 B
9100 Sint-Niklaas
Active since 17 May 1994
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0452.354.748
- VAT number
- BE 0452.354.748
- Registered office
- Gentse Baan 71B, 9100 Sint-Niklaas
- Names & denominations
- REMBRANDT
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 28 March 1994
- Peppol
- Active · Active since 19 Dec 2025
- Activities · NACE
Detailhandel in verf en verfwaren
Detailhandel in ijzerwaren, verf, bouwmaterialen (inclusief doe-het-zelfzaken) met een verkoopsoppervlakte van minder dan 400 m2
Detailhandel in ijzerwaren, bouwmaterialen, verf en glas (algemeen assortiment)
Handelsbemiddeling in de groothandel in hout en bouwmaterialen
Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen
Detailhandel in tapijten en andere vloerbedekking en wandbekleding