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Open bankruptcyAre you a creditor?
Open bankruptcy
Source: Belgian Official Gazette
The judgment is more than a year old: a claim can no longer be filed, not even late. The trustee knows whether anything will still be paid out.
The procedure
- Court
- French-language Commercial Court of Brussels
- Declared bankrupt
- 29 February 2016
- Official Gazette
- 03-03-2016 (pdf) ↗search the document for 2016/104187
Deadlines
- Appeal or third-party opposition until
- passed on 18 March 2016Fifteen days after the publication in the Official Gazette.art. XX.108, Code of Economic Law
- File the claim in RegSol, the Belgian insolvency register, until
- passed on 30 March 2016art. XX.104 and XX.155, Code of Economic Law
- First verification report
- passed on 6 April 2016Reclaim goods that are still yours, such as goods delivered under retention of title, before this day.art. XX.104 and XX.194, Code of Economic Law
- Late claim until
- passed on 28 February 2017A late claim shares only in what has not yet been paid out, and you bear its costs.art. XX.165, Code of Economic Law
Trustee
- Baum AnicetAv.Armand Huysmans 212, 1050 Bruxelles 5
What to do now
- The deadlines to file your claim have passed, including for a late claim: that was possible until a year after the judgment.
- Ask the trustee whether anything will still be paid out and whether your claim was admitted.
- This bankruptcy was opened before April 2017 and is not in RegSol: the trustee and the registry of the enterprise court keep the file.
- Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered, subject to conditions.
The judgment is more than a year old: the deadline for a late claim (art. XX.165, Code of Economic Law) has passed too.
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Follow this bankruptcy: you are alerted when it is closed or reversed.
General information, not legal advice. If in doubt, the trustee, your lawyer or your accountant can help.Creditor guide for this company
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Overview
Activity
Retail trade
NACE 47519Retail sale of clothing and accessories for women, men, children and babies (general range) NACE 47716
1 site
Size
€175,872total assets 2024
- Equity
- €47,306
- Profit
- €24,829
Turnover not published (micro format)
Financial health
Open bankruptcy: no score
Structure
6 deeds in the Belgian Official Gazette
Signalsraises riskOpen bankruptcyAnnual accounts not filed2024 accounts filed 31 days lateShow the evidence
Signals
Three signals.
raises risk
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 87 days later.
NBB · 10 filingsPosition against the passed deadline
31-12-2025 year end31-07-2026 deadline26-10-2026 today
raises risk · 2024 accounts filed 31 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 31-08-2025, 31 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filingsDeviation from the deadline
2024
31 days late
2023
50 days late
2022
31 days late
2021
31 days late
2020
19 days late
2018
47 days late
2017
63 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 39 days after the deadline; the sector median (NACE 47) for financial year 2024 is on the deadline day, and 47% of those companies filed late.
Searched, nothing found (1)
- Annual accounts filedfinancial year 2024 · micro…
- Back to profitnet €24,829
- Annual accounts filedfinancial year 2023 · micro…
Financials · financial year 2024, micro format
2024 annual accounts filed late (31 days) Filed on 31 August 2025, deadline 31 July 2025 (7 months after the close on 31 December 2024, Companies Code art. 3:10). Source: NBB, 2025-00459187.
Equity
€47,306▲ 110%
2023 · €22,477
Total assets
€175,872▼ 74.3%
2023 · €685,398
Net result
€24,829
2023 · -€14,606
Working capital
-€9,035▲ 34.1%
2023 · -€13,706
Trend over the years
2020 to 2024, 5 financial years 2018 to 2024, 6 financial years
The operating result returns to profit in 2024: €37,619 after a loss of €13,084 in 2023, the highest result in the available series.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result€37,619
2024
Net result€24,829
2024
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€175,872
2024
Equity€47,306
2024
Debt€128,566
2024
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital-€9,035
2024
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
Return on assets (ROA)14.1%
2024
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Solvency26.9%
2024
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Current ratio0.93
2024
Average staff in full-time equivalents (FTE).
Staff (FTE)1
2022
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 47, Retail trade: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Every figure with its change against the financial year before
favourable
unfavourable
Line201820202021202220232024
Operating result-€7,081-€31,185-€20,630▼ 33.8%-€1,662-€13,084▼ 687%€37,619
Net result-€7,973-€28,832above the sector's middle half-€13,336within the sector's middle half▼ 53.7%-€3,509within the sector's middle half-€14,606below the sector's middle half▼ 316%€24,829above the sector's middle half
Equity€11,803-€27,256within the sector's middle half-€40,591within the sector's middle half▲ 48.9%€37,083within the sector's middle half▼ 8.6%€22,477within the sector's middle half▼ 39.4%€47,306within the sector's middle half▲ 110%
Total assets€102,803-€125,555within the sector's middle half-€120,996within the sector's middle half▼ 3.6%€190,019within the sector's middle half▲ 57.0%€685,398above the sector's middle half▲ 261%€175,872within the sector's middle half▼ 74.3%
Debt€91,000-€98,299-€80,405▼ 18.2%€152,937▲ 90.2%€662,922▲ 333%€128,566▼ 80.6%
Working capital€10,137-€25,590within the sector's middle half-€38,925within the sector's middle half▲ 52.1%€35,417within the sector's middle half▼ 9.0%-€13,706below the sector's middle half-€9,035within the sector's middle half▲ 34.1%
Solvency11.5%-21.7%within the sector's middle half-33.5%within the sector's middle half▲ 11.8pp19.5%within the sector's middle half▼ 14.0pp3.3%below the sector's middle half▼ 16.2pp26.9%within the sector's middle half▲ 23.6pp
Current ratio1.11-1.26within the sector's middle half-1.48within the sector's middle half▲ 0.221.23within the sector's middle half▼ 0.250.98within the sector's middle half▼ 0.250.93within the sector's middle half▼ 0.05
Return on assets (ROA)-7.8%-23.0%above the sector's middle half-11.0%within the sector's middle half▼ 11.9pp-1.8%within the sector's middle half▼ 12.9pp-2.1%within the sector's middle half▼ 0.3pp14.1%above the sector's middle half▲ 16.2pp
Staff (FTE)1.1-0.5below the sector's middle half-0.8▲ 60.0%1▲ 25.0%
above
within
below
the middle half of NACE 47, Retail trade: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the micro format does not require them.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €175,872
Fixed assets
€56,341 ▲ 55.7%
Current assets
€119,531 ▼ 81.6%
Equity and liabilities €175,872
Equity
€47,306 ▲ 110%
Debt
€128,566 ▼ 80.6%
Debt's share of the balance-sheet total falls from 96.7% to 73.1%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€44,081▲
2023 · -€9,601
Cash flow
€31,291▲
2023 · -€11,123
Debt to equity
2.72▼
2023 · 29.49
ROE
52.5%▲
2023 · -65.0%
Interest coverage
11.85▲
2023 · -6.31
Debt ≤ 1 year
€128,566▼
2023 · €662,922
Income taxes
€9,070
Staff costs
€12,559▲
2023 · €11,952
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | €34,123 | €64,025 | €11,952 | €12,559 | ▲ 5.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | - | - | - | €3,483 | €6,462 | ▲ 85.5% |
| Other operating charges640/8 | - | - | €13,721 | €370 | €549 | €1,266 | ▲ 131% |
| Gross operating margin9900 | €46,828 | €44,790 | €68,473 | €62,734 | €2,901 | €57,906 | ▲ 20× |
| Operating profit (loss)9901 | -€7,081 | €31,185 | €20,630 | -€1,662 | -€13,084 | €37,619 | - |
| Financial charges65/66B | - | - | €548 | €801 | €1,522 | €3,720 | ▲ 144% |
| Recurring financial charges65 | €892 | €697 | €548 | €801 | €1,522 | €3,720 | ▲ 144% |
| Profit (loss) for the period before taxes9903 | -€7,973 | €30,487 | €20,081 | -€2,463 | -€14,606 | €33,899 | - |
| Income taxes67/77 | - | €1,655 | €6,746 | €1,046 | - | €9,070 | - |
| Profit (loss) for the period9904 | -€7,973 | €28,832 | €13,336 | -€3,509 | -€14,606 | €24,829 | - |
| Profit (loss) for the period to be appropriated9905 | -€7,973 | €28,832 | €13,336 | -€3,509 | -€14,606 | €24,829 | - |
| Line | 2018 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|
| Assets | |||||||
| Total assets20/58 | €102,803 | €125,555 | €120,996 | €190,019 | €685,398 | €175,872 | ▼ 74.3% |
| Fixed assets21/28 | €1,666 | €1,666 | €1,666 | €1,666 | €36,183 | €56,341 | ▲ 55.7% |
| Intangible fixed assets21 | - | - | - | - | €34,517 | €54,675 | ▲ 58.4% |
| Financial fixed assets28 | €1,666 | €1,666 | €1,666 | €1,666 | €1,666 | €1,666 | = |
| Current assets29/58 | €101,137 | €123,889 | €119,330 | €188,353 | €649,216 | €119,531 | ▼ 81.6% |
| Stocks and contracts in progress3 | - | - | - | - | €18,956 | - | - |
| Stocks30/36 | - | - | - | - | €18,956 | - | - |
| Amounts receivable within one year40/41 | €101,137 | €116,986 | €109,377 | €188,353 | €630,260 | €119,531 | ▼ 81.0% |
| Trade receivables40 | - | - | €22,867 | €105,285 | €630,260 | €63,209 | ▼ 90.0% |
| Other amounts receivable41 | - | - | €86,510 | €83,068 | - | €56,322 | - |
| Cash at bank and in hand54/58 | - | €6,903 | €9,953 | - | - | - | - |
| Equity and liabilities | |||||||
| Total equity and liabilities10/49 | €102,803 | €125,555 | €120,996 | €190,019 | €685,398 | €175,872 | ▼ 74.3% |
| Equity10/15 | €11,803 | €27,256 | €40,591 | €37,083 | €22,477 | €47,306 | ▲ 110% |
| Contributions10/11 | €19,500 | - | €19,500 | €19,500 | €19,500 | €19,500 | = |
| Reserves13 | €1,860 | €1,950 | €1,950 | €1,950 | €1,950 | €1,950 | = |
| Non-distributable reserves130/1 | - | - | €1,950 | €1,950 | €1,950 | €1,950 | = |
| Reserves not available under the articles1311 | - | - | €1,950 | €1,950 | €1,950 | €1,950 | = |
| Profit (loss) carried forward14 | -€9,557 | €5,806 | €19,141 | €15,633 | €1,027 | €25,856 | ▲ 25× |
| Amounts payable17/49 | €91,000 | €98,299 | €80,405 | €152,937 | €662,922 | €128,566 | ▼ 80.6% |
| Amounts payable within one year42/48 | €91,000 | €98,299 | €80,405 | €152,937 | €662,922 | €128,566 | ▼ 80.6% |
| Financial debts43 | - | - | €2,960 | €1,166 | €4,935 | €3,216 | ▼ 34.8% |
| Credit institutions430/8 | - | - | €2,960 | €1,166 | €4,935 | €3,216 | ▼ 34.8% |
| Trade debts44 | €18,075 | €25,527 | €25,389 | €71,873 | €629,653 | €102,389 | ▼ 83.7% |
| Suppliers440/4 | - | - | €25,389 | €71,873 | €629,653 | €102,389 | ▼ 83.7% |
| Advances received on contracts in progress46 | - | - | €10,708 | €40,575 | - | - | - |
| Taxes, remuneration and social security45 | - | - | €29,348 | €39,323 | €8,565 | €22,962 | ▲ 168% |
| Taxes450/3 | - | - | €18,665 | €33,354 | €8,554 | €19,537 | ▲ 128% |
| Remuneration and social security454/9 | - | - | €10,683 | €5,969 | €11 | €3,425 | ▲ 317× |
| Other amounts payable47/48 | - | - | €12,000 | - | €19,768 | - | - |
| Line | 2018 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€7,973 | €28,832 | €13,336 | -€3,509 | -€14,606 | €24,829 | - |
| + Depreciation and write-downs630 | - | - | - | - | €3,483 | €6,462 | ▲ 85.5% |
| Operating cash flow (approximation) | -€7,973 | €28,832 | €13,336 | -€3,509 | -€11,123 | €31,291 | - |
| Investment in fixed assets (approximation) | - | - | €0 | €0 | -€38,000 | -€26,620 | ▲ 29.9% |
| Change in cash | - | - | €3,050 | - | - | - | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 15 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2024 | micro format | 31-08-2025 | 2025-00459187 |
| 31-12-2023 | micro format | 19-09-2024 | 2024-00465186 |
| 31-12-2022 | micro format | 31-08-2023 | 2023-00394958 |
| 31-12-2021 | micro format | 31-08-2022 | 2022-20418894 |
| 31-12-2020 | micro format | 19-08-2021 | 2021-51200219 |
| 31-12-2018 | micro format | 16-09-2019 | 2019-64500456 |
| 31-12-2017 | micro format | 02-10-2018 | 2018-68100335 |
| 31-12-2015 | full format | 31-08-2016 | 2016-58800075 |
| 31-12-2014 | full format | 19-11-2015 | 2015-67100450 |
| 31-12-2013 | full format | 19-03-2015 | 2015-07000341 |
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Of the 268 active companies whose main activity is retail trade (NACE 47519), figures are known for 127. 102 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Directors
No directors read yet: 0 of 6 Gazette acts processed. See the directors and other office holders in the KBO →
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Trustee | Baum Anicet Av.Armand Huysmans 212, 1050 Bruxelles 5 |
29-02-2016 → present |
Owners and capital
Owners
No owners or capital events in the accounts and acts we read.
History
Acts, filings and financial milestones
2025
31-08
NBB filing
Annual accounts filed
financial year 2024 · micro format · 31 days late
2024
31-12
Financial
Back to profitnet €24,829
Net result €24,829 after 2 loss-making years.
19-09
NBB filing
Annual accounts filed
financial year 2023 · micro format · 50 days late
2023
31-12
Financial
Weakest financial yearnet -€14,606
Net result drops to -€14,606, the lowest in the series.
31-08
NBB filing
Annual accounts filed
financial year 2022 · micro format · 31 days late
2022
31-08
NBB filing
Annual accounts filed
financial year 2021 · micro format · 31 days late
2021
19-08
NBB filing
Annual accounts filed
financial year 2020 · micro format · 19 days late
2020
31-12
Financial
Back to profitnet €28,832
Net result €28,832 after one loss-making year.
2019
16-09
NBB filing
Annual accounts filed
financial year 2018 · micro format · 47 days late
2018
02-10
NBB filing
Annual accounts filed
financial year 2017 · micro format · 63 days late
2016
31-08
NBB filing
Annual accounts filed
financial year 2015 · full format · 31 days late
03-03
Bankruptcy
Opening
French-language Commercial Court of Brussels · judgment of 29-02-2016
2015
19-11
NBB filing
Annual accounts filed
financial year 2014 · full format · 111 days late
19-03
NBB filing
Annual accounts filed
financial year 2013 · full format · 231 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the financial year-end date, not the filing date.Of the 15 annual accounts filed, the latest 10 are here; all 15 are under Financials.
0 of 6 deeds read
About the unread acts
We know of 6 Belgian Official Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Register details
Identification
Legal formPrivate limited company (pre-2019)
Founded19-02-2008
Financial year end31-12
Activities, NACEBEL 2025
47519Retail trade
47716Retail sale of clothing and accessories for women, men, children and babies (general range)
13990Manufacture of textiles
46160Agents in the wholesale of textiles, clothing, fur, footwear and leather goods
46419Wholesale trade
Contact
Phone
0471450683Vorst
E-invoicing
Reachable via Peppol
Peppol ID
0208:0895816774
Also
9925:BE0895816774
Registered
21-12-2025
The company is no longer active; its listing in the Peppol Directory can remain until its access point withdraws it.
Register as of 26 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
Location & real-estate footprint
Registered office, Vorst · 1 establishment unit since 2008
Ground area
1,553 m²
Building footprint
417 m²
Building volume
5,889 m³
Parcel 21007A0055/00F009, Brussels · tallest building 18.7 m. Linked by address, not a title deed.
37
companies at this address
See who is registered here
1 establishment unit
Mahala
since 2008unit no. 2.170.163.479
1 parcel
Brussels
1
(100%)
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 21007A0055/00F009 | Brussels | 1,553 m² | 1 · 417 m² | 18.7 m · 5 |
How the parcels are linked
Good to know
The parcel matches the address exactly.