AMERICAN CLOTHING DISTRIBUTION
The computed 12-month bankruptcy probability of AMERICAN CLOTHING DISTRIBUTION is 1.6% (moderate). The 2026 annual accounts show equity of €13.04M and a net result of €-251k. Equity is growing by ~7.8% per year across the filed fiscal years. Its solvency ranks better than 33% of 64 sector peers (fiscal year 2025). The company has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €13.04M |
| Net result | €-251k |
| Staff (FTE) | 143.6 |
| Better than sector | 33% |
Mixed profile: strong on stability, weaker on health.
All 5 axes are computed from data Checked has read.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.
See plans →How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 25.3% | 41.6% | |
| Net result | €510k | €27k | |
| Equity | €13.29M | €370k | |
| Employees (FTE) | 150.5 | 4.8 | |
| Total assets | €52.65M | €820k |
Show 14 other metrics
| Fiscal year | 2026 |
|---|---|
| Deposit | volledig |
| Revenue | €33.65M |
| EBITDA | €1.91M |
| Net profit | €-251k |
| Cash flow | €1.07M |
| Staff costs | €8.24M |
| Income taxes | €5k |
| Dividends | - |
| Total assets | €52.41M |
| Equity | €13.04M |
| Debt | €38.44M |
| of which ≤ 1y | €34.22M |
| of which > 1y | €2.57M |
| Working capital | €-11.67M |
| Employees (FTE) | 143.6 |
| 2026 | |
|---|---|
| Current ratio | 0.66 |
| Quick ratio | 0.38 |
| Working capital ratio | -22.3% |
| Solvency | 24.9% |
| Debt / equity | 2.95 |
| Long-term debt ratio | 0.20 |
| Interest coverage | 1.32 |
| Gross margin | 57.7% |
| Net margin | -0.7% |
| ROA | -0.5% |
| ROE | -1.9% |
| EBITDA margin | 5.7% |
| Days sales outstanding | 101d |
| Days payable outstanding | 153d |
| Inventory turnover | 1.51 |
| Days inventory (DSI) | 241d |
Full annual accounts (27 line items)
| Line item | Code | 2026 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €52.41M |
| Fixed assets | 21/28 | €29.86M |
| Intangible fixed assets | 21 | €101k |
| Tangible fixed assets | 22/27 | €10.64M |
| Financial fixed assets | 28 | €19.12M |
| Current assets | 29/58 | €22.55M |
| Stocks & contracts in progress | 3 | €9.42M |
| Amounts receivable within one year | 40/41 | €11.32M |
| Cash & bank | 54/58 | €821k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €52.41M |
| Equity | 10/15 | €13.04M |
| Contributions / capital | 10/11 | €3.25M |
| Reserves | 13 | €8.37M |
| Accumulated profits (losses) | 14 | €1.42M |
| Provisions & deferred taxes | 16 | €925k |
| Amounts payable | 17/49 | €38.44M |
| Amounts payable after one year | 17 | €2.57M |
| Amounts payable within one year | 42/48 | €34.22M |
| Trade debts payable within one year | 44 | €5.97M |
| Income statement | ||
| Turnover | 70 | €33.65M |
| Operating result | 9901 | €585k |
| Financial income | 75 | €714k |
| Financial charges | 65 | €1.64M |
| Result before taxes | 9903 | €-361k |
| Income taxes | 67/77 | €5k |
| Net result for the period | 9904 | €-251k |
| Result to be appropriated | 9905 | €95k |
-
Dominique LippensDirectorState Gazette act 23034731 (10-03-2023)Current20-03-2020 → present
4 events
- 10-03-2023 Appointed· Director
- 20-03-2020 Resigned· Director
- 20-03-2020 Appointed· Director
- 30-09-2016 Appointed· Director
-
Olivier LouvrierDirectorState Gazette act 23034731 (10-03-2023)Current20-03-2020 → present
6 events
- 10-03-2023 Appointed· Director
- 10-03-2023 Appointed· Managing director
- 20-03-2020 Resigned· Director
- 20-03-2020 Appointed· Managing director
- 30-09-2016 Appointed· Director
- 30-09-2016 Appointed· Managing director
Historic, not recently confirmed (1)
-
Tweeds & Cottons NVLegal entityManaging directorState Gazette act 16135198 (30-09-2016)Not recently confirmedlast confirmed in an act from 2016
| Statutory auditor | IRE/IBR number | Tenure |
|---|---|---|
| EY BedrijfsrevisorenCurrent Statutory auditor |
- | 04-04-2024 → present |
Show 4 earlier auditors
| Ernst & Young Assurance Services BV CVBA Statutory auditor succeeded by EY Bedrijfsrevisoren BV in 2020 |
- | 06-10-2017 → 08-10-2020 |
| Ernst & Young, Lippens & Rabaey Audit BV CVBA Statutory auditor succeeded by Ernst & Young Assurance Services BV CVBA in 2017 |
- | 29-10-2014 → 06-10-2017 |
| EY Bedrijfsrevisoren BV Statutory auditor succeeded by EY Bedrijfsrevisoren in 2024 |
- | 08-10-2020 → 04-04-2024 |
| Grant Thornton, Lippens & Rabaey BVCV Statutory auditor succeeded by Ernst & Young, Lippens & Rabaey Audit BV CVBA in 2014 |
- | 28-10-2011 → 29-10-2014 |
| NACE primary | Overige zakelijke dienstverlening, neg(82990) |
| Legal form | Public limited company(014) |
| Incorporation | 11-02-2002 |
| Status | Active |
| Postal code | 9940 |
Show 33 more locations
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. |
|---|---|---|---|---|
| 46445D1155/00R000 | Flanders | 10.8 ha | 1 · 5.0 ha | 18.2 m · 2 fl. |
| 73013C0250/00C000 | Flanders | 9.9 ha | 1 · 3,842 m² | 14.4 m · 2 fl. |
| 53402A0191/00H015 | Wallonia | 7.0 ha | 1 · 4.4 ha | 14.3 m · 3 fl. |
| 11050B0010/00E002 | Flanders | 5.6 ha | 1 · 4.9 ha | 27.4 m · 4 fl. |
| 21674C0095/00M007 | Brussels | 5.2 ha | 1 · 1.2 ha | 17.1 m · 3 fl. |
| 44019B0621/00A000 | Flanders | 1.1 ha | 1 · 5,967 m² | 15.2 m · 3 fl. |
| 34040C1052/00R000 | Flanders | 6,374 m² | 1 · 959 m² | 8.1 m · 1 fl. |
| 22005A0526/00W000 | Flanders | 6,145 m² | 1 · 244 m² | 17.3 m · 2 fl. |
| 71016I0609/00P000 | Flanders | 4,830 m² | 1 · 230 m² | 19.0 m · 3 fl. |
| 41002A0304/00B000 | Flanders | 4,687 m² | 1 · 376 m² | 13.7 m · 3 fl. |
28 more parcels, available from Kantoor S.
See plans →A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
We know of 16 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
04-04-2024 EY Bedrijfsrevisoren appointed as statutory auditor
- EY Bedrijfsrevisoren, Commissaris
Technical details
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}11-03-2024 Transaction in capital or shares
Technical details
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}02-01-2024 Publication in the Belgian Official Gazette, Miscellaneous
Technical details
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"filing_date": "2023-12-19",
"act_kind_objet": "Voorstel overdracht bedrijfstak"
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"parties": [
{
"kbo": "0456.606.219",
"name": "AMERICAN CLOTHING ASSOCIATES",
"role": "contributor",
"address": "Noorwegenstraat 17, 9940 Evergem",
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},
{
"kbo": "0476.693.731",
"name": "AMERICAN CLOTHING DISTRIBUTION",
"role": "recipient",
"address": "Noorwegenstraat 17, 9940 Evergem",
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}
],
"exchange_ratio": null,
"legal_articles": [
"12:93",
"12:95",
"12:97",
"12:100",
"12:103"
],
"is_cross_border": false,
"is_silent_merger": false,
"balance_basis_date": null,
"exchange_ratio_text": null,
"new_shares_issued_n": 0,
"real_estate_included": false,
"patrimony_description": "De over te dragen bedrijfstak omvat alle activiteiten onder de noemer \u0027ontwerp en distributie\u0027. De lijst in bijlage omvat de activa en passiva die aangemerkt zouden kunnen worden als verbonden aan deze bedrijfstak.",
"equity_transferred_eur": null,
"accounting_effective_date": "2024-01-31"
},
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"name_full": "AMERICAN CLOTHING DISTRIBUTION",
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"person_name": null,
"org_rep_person_name": "Sam Petrus"
},
"summary_narrative": "De bestuursorganen van de naamloze vennootschappen \u0027AMERICAN CLOTHING ASSOCIATES\u0027 en \u0027AMERICAN CLOTHING DISTRIBUTION\u0027 hebben een voorstel gemaakt tot overdracht van de bedrijfstak \u0027ontwerp en distributie\u0027 van de overdragende vennootschap naar de overnemende vennootschap, conform art. 12:103 WVV. De overdracht vindt plaats zonder uitgifte van aandelen en is boekhoudkundig terugwerkend vanaf 31 januari 2024 om 16:00 uur.",
"co_filed_documents": [
"afschrift van het voorstel tot overdracht van bedrijfstak met bijlage"
],
"detected_real_type": "branch_contribution",
"referenced_correction": null,
"should_reroute_to_category": null
}10-03-2023 3 directors appointed
- Olivier Louvrier, Bestuurder
- Dominique Lippens, Bestuurder
- Olivier Louvrier, Gedelegeerd bestuurder
Technical details
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}08-10-2020 EY Bedrijfsrevisoren BV appointed as statutory auditor
- EY Bedrijfsrevisoren BV, Commissaris
Technical details
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}20-03-2020 2 directors appointed, 2 resigning
- Dominique Lippens, Bestuurder
- Olivier Louvrier, Gedelegeerd bestuurder
- Dominique Lippens, Bestuurder
- Olivier Louvrier, Bestuurder
Technical details
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}09-02-2018 Transaction in capital or shares
Technical details
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}06-10-2017 Ernst & Young Assurance Services BV CVBA appointed as statutory auditor
- Ernst & Young Assurance Services BV CVBA, Commissaris
Technical details
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}30-09-2016 4 directors appointed
- Olivier Louvrier, Bestuurder
- Dominique Lippens, Bestuurder
- Tweeds & Cottons NV, Gedelegeerd bestuurder
- Olivier Louvrier, Gedelegeerd bestuurder
Technical details
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}29-10-2014 Ernst & Young, Lippens & Rabaey Audit BV CVBA appointed as statutory auditor
- Ernst & Young, Lippens & Rabaey Audit BV CVBA, Commissaris
Technical details
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}28-10-2011 Grant Thornton, Lippens & Rabaey BVCV appointed as statutory auditor
- Grant Thornton, Lippens & Rabaey BVCV, Commissaris
Technical details
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}16-06-2004 Publication in the Belgian Official Gazette, Minor change
Technical details
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},
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"Annexes du Moniteur belge"
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}| Legal nameNL | AMERICAN CLOTHING DISTRIBUTION |