Summary
Conclusion
the dossier summarised in one paragraphThe KBO register records legal situation 050 for DIVINO FASHION (Register: open bankruptcy); this is today's state according to the register itself, which carries no start date. The 2022 annual accounts show negative equity (€-50k) and a net result of €-69k.
Based on the State Gazette, CBE and 2 annual accounts.
Bankruptcy probability (12 mo)
Checked model v1 · free for everyoneBankruptcy opened
A bankruptcy procedure is already open, a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.
Insolvency timeline
2 eventsFiling behaviour
From the deposit records, complete market-wide| Year closed | Due by | Filed | Variance | Reference |
|---|---|---|---|---|
| 31-12-2025 | 31-07-2026 | nothing on record | not filed | - |
| 31-12-2024 | 31-07-2025 | nothing on record | not filed | - |
| 31-12-2023 | 31-07-2024 | 30-08-2024 | 30 d late | 2024-00414697 |
| 31-12-2022 | 31-07-2023 | 09-09-2023 | 40 d late | 2023-00442520 |
| 31-12-2021 | 31-07-2022 | 27-08-2022 | 27 d late | 2022-20341993 |
Source: the National Bank's deposit records. Those records are complete, including for years whose figures we have not read yet. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.
Trust signals
2 signalsAdministrative Flags
Financials
Annual accounts & ratios
Source: NBB · 2022Show 11 other metrics
| Fiscal year | 2022 |
|---|---|
| Deposit | micro |
| Revenue | - |
| EBITDA | €-57k |
| Net profit | €-69k |
| Cash flow | €-50k |
| Staff costs | €150k |
| Income taxes | €155 |
| Dividends | - |
| Total assets | €225k |
| Equity | €-50k |
| Debt | €275k |
| of which ≤ 1y | €202k |
| of which > 1y | €72k |
| Working capital | €-47k |
| Employees (FTE) | 6.2 |
| 2022 | |
|---|---|
| Current ratio | 0.77 |
| Quick ratio | 0.50 |
| Working capital ratio | -21.0% |
| Solvency | -22.3% |
| Debt / equity | -5.49 |
| Long-term debt ratio | -1.45 |
| Interest coverage | -11.95 |
| Gross margin | - |
| Net margin | - |
| ROA | -30.7% |
| ROE | 137.7% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Full annual accounts (25 line items)
| Line item | Code | 2022 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €225k |
| Fixed assets | 21/28 | €70k |
| Tangible fixed assets | 22/27 | €69k |
| Financial fixed assets | 28 | €699 |
| Current assets | 29/58 | €155k |
| Stocks & contracts in progress | 3 | €53k |
| Amounts receivable within one year | 40/41 | €33k |
| Cash & bank | 54/58 | €66k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €225k |
| Equity | 10/15 | €-50k |
| Contributions / capital | 10/11 | €3k |
| Reserves | 13 | €16k |
| Accumulated profits (losses) | 14 | €-69k |
| Amounts payable | 17/49 | €275k |
| Amounts payable after one year | 17 | €72k |
| Amounts payable within one year | 42/48 | €202k |
| Trade debts payable within one year | 44 | €97k |
| Income statement | ||
| Gross operating margin | 9900 | €113k |
| Operating result | 9901 | €-76k |
| Financial income | 75 | €798 |
| Financial charges | 65 | €5k |
| Result before taxes | 9903 | €-69k |
| Income taxes | 67/77 | €155 |
| Net result for the period | 9904 | €-69k |
| Result to be appropriated | 9905 | €-69k |
Health barometer
FY 2022 · computedThe full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.
See plans →Directors
Directors & mandates
no sitting directorFormer directors (1)
-
VANDAELE DimitriDirectorState Gazette act 24126683 (29-08-2024)Former- → 09-08-2024
Insolvency mandates
1 mandate| Role | Name | Tenure | Source |
|---|---|---|---|
| Curator | Peter SUSTRONCK Burg Nolfstraat 10, 8500 KORTRIJK- |
17-09-2024 → present | Belgian State Gazette |
Legal Structure
| NACE primary | Detailhandel in kledingaccessoires(47715) |
| Legal form | Private limited company(610) |
| Incorporation | 15-09-2020 |
| Status | Active |
| Postal code | 8500 |
| First insolvency signal | 24-09-2024 |
| Latest insolvency signal | 01-06-2026 |
Structure & network
Ownership & control
No ownership or control structure found in the sources.
For this we read shareholding and parent/subsidiary relations from the acts in the Belgian State Gazette, plus the board seats that legal entities hold in one another. Nothing of the sort is published for this company, which is common: most Belgian companies do not publish a shareholding structure.
1 court or liquidation mandate is on record for this company. Such a mandate is a fact about the company itself, not about a tie to another one: two bankruptcies handled by the same receiver are two separate cases. They are listed under Directors & mandates.
Locations & real estate
Registered office
from the Crossroads BankThis address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Ringlaan(Kor) 348500 KortrijkReal-estate footprint
Source: CBE × cadastre · address linkingParcels 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. |
|---|---|---|---|---|
| 34352B0962/00W000 | Flanders | 4.9 ha | 1 · 1.5 ha | - |
Publications
Lifecycle & Insolvency Signals
2 events from the State GazetteThe full chronology lists every recorded event with its date, the competent court and the appointed liquidator or administrator. It answers at which stage the proceedings stand and whether they are still running.
We hold 1 further earlier event in this file, covering 17-09-2024 to 26-05-2026.
Time machine: BS events + macro context
2021-2026Belgisch Staatsblad · acts
1 act29-08-2024 VANDAELE Dimitri resigns as director
- VANDAELE Dimitri, Bestuurder
Analysis
Financial profile
5 of 5 axes measuredFragile profile, watch health in particular.
All 5 axes are computed from data Checked has read.
Credit advice
verdict per customer and amountSimilar
Similar companies
Same sector and regionCompany registry
Company registry (CBE)
Crossroads Bank| Legal nameFR | DIVINO FASHION |