DENIM AND MORE
InactiveDENIM AND MORE was declared bankrupt on 13-04-2023 (Ondernemingsrechtbank Antwerpen, afdeling Hasselt); the bankruptcy was closed by liquidation by judgment of 01-04-2025, published in the Belgian State Gazette on 29-04-2025.
No longer registered with the KBO; last annual accounts for fiscal year 2021.
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Two or more financial years not filed
Since the financial year that closed on 30-09-2022, 4 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 2 filingsPosition against the passed deadline
30-09-2022 close30-04-2023 deadline20-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2021 was due by 30-04-2022 and was filed on 12-04-2022, 18 days ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2025
not filed
2024
not filed
2023
not filed
2022
not filed
2021
18 d early
2020
35 d early
← before the deadline
after the deadline →
Financials · fiscal year 2021, micro schema
Equity
€-227k▼ 49.7%
2020 · €-152k
2020: €-152k
2020 → 2021
Total assets
€79k▼ 65.4%
2020 · €227k
2020: €227k
2020 → 2021
Net result
€-75k▲ 55.8%
2020 · €-170k
2020: €-170k
2020 → 2021
Working capital
€-146k▼ 5,726%
2020 · €-3k
2020: €-3k
2020 → 2021
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021Trend
Equity€-152k-€-227k▼ 49.7%
Operating result€-131k-€-79k▲ 39.5%
Net result€-170k-€-75k▲ 55.8%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €79k in 2021 against €131k in 2020; the loss shrinks.
Key figures and ratios
EBITDA
€-79k▲
2020 · €-110k
Cash flow
€-75k▲
2020 · €-150k
Solvency
-288.9%▼
2020 · -66.9%
Current ratio
0.35▼
2020 · 0.99
Quick ratio
0.28▼
2020 · 0.55
Debt / equity
-1.35▼
2020 · -0.98
ROA
-95.9%▼
2020 · -75.1%
Interest coverage
21.89
Debt
€306k▼
2020 · €379k
Debt ≤ 1 year
€224k▼
2020 · €229k
Debt > 1 year
€81k▼
2020 · €149k
Staff costs
€0
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2021 against 2020
Balance sheet
Code20202021
Assets
Total assets20/58€227k€79k▼
Current assets29/58€227k€79k▼
Stocks and contracts in progress3€100k€15k▼
Stocks30/36-€15k
Amounts receivable within one year40/41€87k€44k▼
Trade receivables40-€44k
Other amounts receivable41-€0
Cash at bank and in hand54/58€40k€19k▼
Equity and liabilities
Total equity and liabilities10/49€227k€79k▼
Equity10/15€-152k€-227k▼
Contributions10/11-€19k
Profit (loss) carried forward14€-170k€-246k▼
Amounts payable17/49€379k€306k▼
Amounts payable after more than one year17€149k€81k▼
Financial debts170/4-€81k
Amounts payable within one year42/48€229k€224k▼
Current portion of amounts payable after more than one year42-€79k
Financial debts43-€100k
Credit institutions430/8-€100k
Trade debts44€668€3k▲
Suppliers440/4-€3k
Taxes, remuneration and social security45-€6k
Taxes450/3-€6k
Other amounts payable47/48-€37k
Income statement
Code20202021
Remuneration, social security and pensions62-€0
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€20k€0▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€107k
Other operating charges640/8-€959
Gross operating margin9900€40k€29k▼
Operating profit (loss)9901€-131k€-79k▲
Financial income75/76B-€1
Recurring financial income75€79€1▼
Financial charges65/66B-€-4k
Recurring financial charges65€40k€-4k▼
Profit (loss) for the period before taxes9903€-170k€-75k▲
Profit (loss) for the period9904€-170k€-75k▲
Profit (loss) for the period to be appropriated9905€-170k€-75k▲
Appropriation of the result
Profit (loss) to be appropriated9906-€-246k
Profit (loss) brought forward from the previous period14P-€-170k
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
29-04
Bankruptcy
Bankruptcy closure (by liquidation)
Ondernemingsrechtbank Antwerpen, afdeling Hasselt · DENIM AND MORE BV BAAL 86, 3980 TESSENDERLO-HAM · event 01-04-2025
2023
20-04
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Hasselt · DENIM AND MORE BV BAAL 86, 3980 TESSENDERLO · event 13-04-2023
2022
12-04
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
26-03
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
SignalNBB filing
Directors · office · real estate
Directors
1 act for this company is 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
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.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | PATRICK SCHRUERS KEMPISCHE KAAI 7C/1.01,
3500 HASSELT |
13-04-2023 → present |