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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Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 2 % of short-term debt in 2025; threshold 65 %.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
Brendo from Turnhout, company number BE0831830329, closed financial year 2025 with a result of € -3,024 after tax. For that financial year Brendo recorded a gross margin of € -1,786 and equity of € -43,555. Compared with financial year 2024, the result moved from € -4,024 to € -3,024. 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 January 6, 2026.
€ -43,555
▼ € 3,024 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -3,024
▲ 25 % less loss than in 2024
Profit after tax over the fiscal year.
€ 784
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -49,755.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 1,745
▲ 144% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -1,609 | € -2,133 | € -1,694 | € -1,786 | ▼ € 92 |
| Profit after taxes | € -2,464 | € -3,490 | € -4,024 | € -3,024 | ▲ € 1,000 |
| Equity | € -33,017 | € -36,507 | € -40,531 | € -43,555 | ▼ € 3,024 |
| Total debts | € 33,180 | € 36,566 | € 40,531 | € 44,339 | ▲ 9% |
| Cash | € 162 | € 59 | € 0 | € 784 | |
| Retained profit | € -39,217 | € -42,707 | € -46,731 | € -49,755 | ▼ € 3,024 |
| Bank debt | € 0 | € 0 | € 292 | € 0 | ▼ 100% |
| Balance sheet total | € 162 | € 59 | € 0 | € 784 |
Key figures of Brendo, 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 January 2027.
What happened to Brendo?
What happened at Brendo in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 3,024. Source: NBB ↗
- MNS became a director. NBB
- New establishment in Turnhout. KBO
- René Willems became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 2,464 loss in 2022 to € 3,024 loss in 2025.
Management
Behind Brendo are René Willems and MNS. MNS is also behind ELPEDO and E.L. Investments.
Directors
According to the 2025 annual accounts
René Willems
Director
since 2010
since 2023
Establishments
Establishment units
Physical locations of this company
Lisdodde 1 box 2
2300 Turnhout
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0831.830.329
- VAT number
- BE 0831.830.329
- Registered office
- Lisdodde 1 bus 2, 2300 Turnhout
- Names & denominations
- Brendo
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 8 December 2010
- Peppol
- Not registered