Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
-
Tight liquidity NBB
Cash and receivables cover 14 % of short-term debt in 2025; threshold 65 %.
-
Busy address KBO
45 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
Brandformula from Etterbeek, company number BE0764526581, closed financial year 2025 with a result of € -3,693 after tax. For that financial year Brandformula recorded a gross margin of € -3,306 and equity of € -13,304. Compared with financial year 2024, the result moved from € -3,688 to € -3,693. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on March 10, 2026.
€ -13,304
▼ € 3,693 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -3,693
Profit after tax over the fiscal year.
Loss, nothing to pay out
Reserves fell to € -13,404.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 1,960
▲ 44% vs 2024
Supplier invoices still open on the last day of the fiscal year.
Want to see how much further we take a dossier in the Pro version? Open the free De Lijn example and give feedback →
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -750 | € -3,661 | € -3,304 | € -3,306 | |
| Profit after taxes | € -1,448 | € -4,575 | € -3,688 | € -3,693 | |
| Equity | € -1,348 | € -5,923 | € -9,611 | € -13,304 | ▼ € 3,693 |
| Total debts | € 1,446 | € 6,779 | € 11,148 | € 15,521 | ▲ 39% |
| Cash | € 98 | - | - | - | |
| Retained profit | € -1,448 | € -6,023 | € -9,711 | € -13,404 | ▼ € 3,693 |
| Balance sheet total | € 98 | € 857 | € 1,537 | € 2,218 | ▲ 44% |
Key figures of Brandformula, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 April 2027.
What happened to Brandformula?
What happened at Brandformula in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 3,693. Source: NBB ↗
- Matthew SMITH became a director. NBB
- Martin WIGGINS became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 1,448 loss in 2022 to € 3,693 loss in 2025.
A new publication or filing at Brandformula? We notify you, reason included.
Follow BrandformulaDatabakkes Pro
Know what changes at your customers, suppliers and competitors. Without reading an annual account.
- Follow them in one folder Every company in your folder gets this full dossier: household book, all fiscal years, benchmark against companies of the same size.
- We alert you, with the reason New annual account, Official Gazette publication or status change: you get what changed and where it says so.
- In bulk too, and in ChatGPT and Claude Upload your customer list and get the warning signs back per company. Or ask in your own AI assistant, with this register as the source.
Databakkes Pro is being built. Sign up now and you are first in line for an invitation, with a month to try without a credit card.
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 Brandformula are Matthew SMITH and Martin WIGGINS.
Directors
According to the 2025 annual accounts
Matthew SMITH
Director
since 2021
Martin WIGGINS
Director
since 2021
Establishments
Establishment units
Physical locations of this company
Louis Schmidtlaan 29 box 15
1040 Etterbeek
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 45 companies are registered at this address.
All companies at this address →EUROPEAN FEDERATION FOR COSMETIC INGREDIENTS
UBER BELGIUM
€ 3.1 million revenue · 2025
Iodine Registration Group (IRG)
SOPURA FATTY ACIDS
Alcohol Task Force
+40 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0764.526.581
- VAT number
- BE 0764.526.581
- Registered office
- Louis Schmidtlaan 29 bus 15, 1040 Etterbeek
- Names & denominations
- Brandformula
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 2 March 2021
- Peppol
- Active · Active since 19 Jan 2026
- Activities · NACE
Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies
Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering
Activiteiten van adviesbureaus op het gebied van public relations en communicatie
Adviesbureaus op het gebied van public relations en communicatie