Equity
Equity fell by 80% in 1 year.
Equity fell by 80% in 1 year.
The abbreviated format states no turnover.
Of this, €326,490 falls due within a year.
The last five annual accounts were filed 33 to 72 days before the end of the period.
Lower solvency than 84% of companies in wholesale trade. Sector median 42.9% · 9,886 companies.
The dashed line is the sector median: 0.4% across 26,900 companies (NACE 46, micro).
About 6 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 46, micro). It does better than 20% of them on solvency, 18% on liquidity, 42% on profitability and 6% on growth.
The bankruptcy probability was computed on 05-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
In July 2024, 1,375 companies had the same profile as BRANDZ MODEAGENTUREN has now. Each dot stands for 4 companies, two years later.
Another 0.3% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of BRANDZ MODEAGENTUREN itself: 0.6% within 12 months.
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 1,375 companies, not a prediction for BRANDZ MODEAGENTUREN. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Liquidity is insufficient, with a current ratio of 0.97 (1.33 in 2024), below 1. Short-term debt is 72.4% and cash 6.2% of total assets. 94.2% of the assets are financed with debt and provisions.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
The company filed its last 7 accounts on average 43 days before the deadline. In the sector (NACE 46), the median for financial year 2024 was 3 days before the deadline, and 39% of those companies filed late.
| Company | Total assets | Gross margin | Solvency | Staff |
|---|---|---|---|---|
| BRANDZ MODEAGENTUREN Antwerp | €450,768 | €162,752 | 5.8% | 1 |
| THE CLOSET Antwerp | €406,264 | €176,293 | 56.8% | 2 |
| Fashion Studio Antwerp | €585,990 | €235,239 | 74.1% | 1.1 |
| B-LEAF FASHION Duffel | €633,836 | €194,847 | 14.2% | 2.3 |
| RAMBLAZ Tongeren-Borgloon | €635,260 | €127,090 | 2.8% | 1.5 |
| Fashion Loft Ghent | €759,906 | €264,936 | 87.6% | 1.1 |
| Sourcing Solutions Europe Ixelles | €586,214 | €112,210 | 12.2% | 2.1 |
These companies have the same main activity as BRANDZ MODEAGENTUREN: agents in the wholesale of textiles, clothing, fur, footwear and leather goods (NACE 46160). They are comparable in size and age: total assets between €406,000 and €760,000, founded between 2008 and 2016.
BRANDZ MODEAGENTUREN files the abbreviated format. That format states no turnover. The gross margin rose from €3,589 in 2013 to €162,752 in 2025.
ES Company BV holds all the shares.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
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