Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 33 % of short-term debt in 2024; threshold 65 %.
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Busy address KBO
83 other companies have their registered office at the same address; threshold 10.
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Legal situation KBO
Opening faillissement according to the CBE.
Financials
Financial year 2024
Red Brands Franchise Network from Hasselt, company number BE0775928536, closed financial year 2024 with a result of € 35,312 after tax. For that financial year Red Brands Franchise Network recorded a gross margin of € 36,651 and equity of € 12,039. Compared with financial year 2023, the result moved from € -48,230 to € 35,312. Profitable, and profit is growing. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 31, 2025.
€ 12,039
▲ € 35,312 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 35,312
▲ still € 48,231 loss in 2023
Profit after tax over the fiscal year.
€ 653
▼ 93% vs 2023
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2024. Retained profit grew to € 9,639.
People and assets in 2024
≈ 1
No payroll staff. One director, so that person most likely runs the business.
Debts at end 2024
None
No bank loans on the last day of the fiscal year.
€ 82,281
▼ 28% vs 2023
Supplier invoices still open on the last day of the fiscal year.
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| 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|
| Gross margin | € 30,567 | € -48,329 | € 36,651 | ▲ € 84,981 |
| Profit after taxes | € 22,558 | € -48,230 | € 35,312 | ▲ € 83,542 |
| Equity | € 24,958 | € -23,272 | € 12,039 | ▲ € 35,312 |
| Total debts | € 355,417 | € 321,221 | € 290,382 | ▼ 10% |
| Cash | € 3,495 | € 9,342 | € 653 | ▼ 93% |
| Retained profit | € 22,558 | € -25,672 | € 9,639 | ▲ € 35,312 |
| Balance sheet total | € 380,375 | € 297,949 | € 302,422 | ▲ 2% |
Key figures of Red Brands Franchise Network, fiscal years 2022 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to Red Brands Franchise Network?
What happened at Red Brands Franchise Network in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
Red Brands Franchise Network is active according to the CBE. Legal situation: Opening faillissement.
- New annual accounts for financial year 2024: profit of € 35,312. filed late Source: NBB ↗
- New establishment in Houthalen-Helchteren. KBO
- Start of the company according to the CBE. KBO
In short
From € 22,558 profit in 2022 to € 35,312 profit in 2024.
Paid € 5,640 in corporate taxes since 2022.
Best year ever: 2024, with € 35,312 profit.
A new publication or filing at Red Brands Franchise Network? We notify you, reason included.
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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 Red Brands Franchise Network is Angelov Biser.
Directors
According to the 2024 annual accounts
Angelov Biser
Director
Establishments
Establishment units
Physical locations of this company
Koning Boudewijnlaan 20 box A
3500 Hasselt
Hortelstraat 22
3530 Houthalen-Helchteren
Active since 19 October 2021
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 83 companies are registered at this address.
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€ 96,631 gross margin · 2025
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NANGLO
€ 13,273 gross margin · 2023
MEDLY
€ 53,219 gross margin · 2024
+78 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
- 0775.928.536
- VAT number
- BE 0775.928.536
- Registered office
- Koning Boudewijnlaan 20 bus A, 3500 Hasselt
- Names & denominations
- Red Brands Franchise Network
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Opening faillissement
- Start date
- 19 October 2021
- Peppol
- Not registered
- Activities · NACE
Activiteiten van syndici van onroerend goed