Concept Fashion Group
Open bankruptcySummary
A bankruptcy procedure is open for Concept Fashion Group according to publications in the Belgian State Gazette. The 2018 annual accounts show equity of €2.73M and a net result of €-1.89M.
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2018 was due by 31-07-2019 and was filed on 22-10-2019, 83 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
not filed
2019
not filed
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2018, full schema
Turnover
€17.78M
EBIT margin
-10.4%
Net result
€-1.89M
Working capital
€2.44M
Balance-sheet composition
Assets €7.96M
Fixed assets
€2.73M
Current assets
€5.23M
Equity and liabilities €7.96M
Equity
€2.73M
Debt
€5.23M
Debt finances 65.6% of the balance-sheet total.
Key figures and ratios
EBITDA
€-1.18M
Cash flow
€-1.21M
Current ratio
1.88
Debt to equity
0.84
ROE
-69.2%
ROA
-23.8%
Interest coverage
-13.60
Debt ≤ 1 year
€2.79M
Debt > 1 year
€2.29M
Income taxes
€6k
Filed annual accounts As filed with the NBB · 2018 · 27 lines
Balance sheet
Code2018
Assets
Total assets20/58€7.96M
Fixed assets21/28€2.73M
Intangible fixed assets21€3k
Tangible fixed assets22/27€2.70M
Financial fixed assets28€26k
Current assets29/58€5.23M
Amounts receivable within one year40/41€4.43M
Cash at bank and in hand54/58€770k
Equity and liabilities
Total equity and liabilities10/49€7.96M
Equity10/15€2.73M
Contributions10/11€2.48M
Reserves13€2.14M
Profit (loss) carried forward14€-1.89M
Amounts payable17/49€5.23M
Amounts payable after more than one year17€2.29M
Amounts payable within one year42/48€2.79M
Trade debts44€1.79M
Income statement
Code2018
Turnover70€17.78M
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€677k
Operating profit (loss)9901€-1.86M
Recurring financial income75€63k
Recurring financial charges65€93k
Debt charges650€87k
Profit (loss) for the period before taxes9903€-1.89M
Income taxes67/77€6k
Profit (loss) for the period9904€-1.89M
Profit (loss) for the period to be appropriated9905€-1.89M
Timeline · acts, filings and financial milestones
2020
18-08
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Mechelen · CONCEPT FASHION GROUP NV BAUTERSEMSTRAAT 68A, 2800 MECHELEN · event 12-08-2020
2019
22-10
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 83 days late
2018
28-09
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 59 days late
2017
31-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
11-07
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
2015
31-08
NBB filing
Annual accounts filed
fiscal year 2014 · full schema · 31 days late
2014
23-07
NBB filing
Annual accounts filed
fiscal year 2013 · full schema
2013
27-06
NBB filing
Annual accounts filed
fiscal year 2012 · full schema
2012
26-06
NBB filing
Annual accounts filed
fiscal year 2011 · full schema
2011
02-08
NBB filing
Annual accounts filed
fiscal year 2010 · full schema · 2 days late
2010
28-07
NBB filing
Annual accounts filed
fiscal year 2009 · full schema
SignalNBB filing
Directors · office · real estate
Directors
17 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Mechelen · 1 establishment unit since 2007
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Bautersemstraat 682800 MechelenGround area
1,988 m²
Building footprint
1,780 m²
Volume, LiDAR
10,968 m³
Parcel 12403D0141/00C003, Flanders · tallest building 37.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Concept Fashion Outlet
since 20072.160.424.382
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12403D0141/00C003 | Flanders | 1,988 m² | 1 · 1,780 m² | 37.5 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Insolvency mandates
4 mandates| Role | Name | Tenure |
|---|---|---|
| Curator | GEERT VAN DEYCK CELLEBROEDERSTRAAT 13,
2800 MECHELEN |
12-08-2020 → present |
| Curator | MARC JORIS KONINGIN ASTRIDLAAN 77, 2800 MECHELEN |
12-08-2020 → present |
| Curator | NICK PEETERS NOORDERLAAN 98, 2030 ANTWERPEN 3- |
12-08-2020 → present |
| Curator | ANNELIES HELLEMANS NEETWEG 24,
2220 HEIST-OP-DEN-BERG |
12-08-2020 → present |
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Of 1,311 companies in sector 46423 we hold annual accounts for 812. 324 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded22-12-1998
Fiscal year end31-12
Activities, NACEBEL 2025
46423Wholesale of clothing, excluding workwear and underwear
47716Retail sale of clothing and accessories for women, men, children and babies (general range)
Sources
Crossroads Bank for EnterprisesNational Bank · 20 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.