Equity
-€425,150
Debts exceed assets in financial year 2025.
Fashion Point
Lifetime
20 annual accounts with figures on one time axis, 48 filings since 1978Turnoverpeak €10.9m (2007)
-not published
Resultlowest -€552,860 (2024)
-€277,103▲ €275,757
Equitypeak €2.0m (2015)
-€425,150▼ €277,103
Debts
€801,061▲ 25.9%
Staffpeak 40.3 FTE (2006)
1.6 FTE▼ 78.4%
Board5 names since 2016
2 directorsKUMPEN Jean-Luc and 1 other
Owners
100%MORRAN
Documentsfilings and deeds
29-07-20262 days before the deadline
2025financial year
Loss of €277,103Staff from 7.4 FTE to 1.6 FTEEquity from -€148,048 to -€425,150Debts from €636,305 to €801,061
Key points
from the 2025 annual accountsLosses
-€2.0m in six years
Every financial year from 2020 to 2025 closed with a loss. 2024 was the heaviest.
Debts
€801,061 213% of the balance sheet
Financial debts 84%Suppliers 6%Taxes and wages 0%Other 9%
Of this, €89,654 falls due within a year.
Staff
1.6 FTE from 40.3 in 2006
Between 2006 and 2025, 96% of the full-time equivalents disappeared.
Liquidity
3.60 was 0.70 in 2024
Short-term debts fell from €607,055 to €89,654.
Position in the sector
-113.1%
Lower solvency than 95% of companies in retail trade. Sector median 36.2% · 5,049 companies.
Staff (FTE) -78%: other schema
Checked score
50
Fair
Financially stronger than 26% of micro companies in retail trade (NACE 47)
Probability in this band: 1.5% to 4.2%
Bankruptcy probability within 12 months
2.7% Moderate
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.6% across 40,278 companies (NACE 47, micro).
About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 1.6%
01-2025: 1.6%● unchanged vs 12-2024
02-2025: 1.6%● unchanged vs 01-2025
03-2025: 1.6%● unchanged vs 02-2025
04-2025: 1.6%● unchanged vs 03-2025
05-2025: 1.6%● unchanged vs 04-2025
06-2025: 1.5%▼ -0.1 percentage points vs 05-2025lowest value
07-2025: 1.5%● unchanged vs 06-2025
08-2025: 2.0%▲ +0.5 percentage points vs 07-2025
09-2025: 5.4%▲ +3.4 percentage points vs 08-2025
10-2025: 5.4%● unchanged vs 09-2025
11-2025: 5.4%● unchanged vs 10-2025
12-2025: 5.4%● unchanged vs 11-2025
01-2026: 5.4%● unchanged vs 12-2025
02-2026: 5.4%● unchanged vs 01-2026
03-2026: 5.4%● unchanged vs 02-2026
04-2026: 5.4%● unchanged vs 03-2026
05-2026: 5.4%● unchanged vs 04-2026highest value
06-2026: 5.4%● unchanged vs 05-2026
07-2026: 5.3%▼ -0.1 percentage points vs 06-2026
08-2026: 2.7%▼ -2.6 percentage points vs 07-2026
09-2026: 2.7%● unchanged vs 08-2026
10-2026: 2.7%● unchanged vs 09-2026
11-2026: 2.7%● unchanged vs 10-2026
Financial strengthWeak
Score breakdown
raises risk
Negative equity -€425,150
Loss of €277,103, the second in a row (financial year 2025)
Sector: Retail trade (NACE 47)
lowers risk
Liquidity: current ratio 3.60, cash €139,177
Calculation
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 47, micro). It does better than 6% of them on solvency, 90% on liquidity, 6% on profitability and 3% on growth.
The bankruptcy probability was computed on 04-11-2026 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 moderate class on 30-06-2025, 2.4% 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).
Comparable companies, two years later
In July 2024, 6,619 companies had the same profile as Fashion Point has now. Each dot stands for 17 companies, two years later.
84.5%
were still trading
10.0%
stopped another way
4.5%
went bankrupt
Another 1.0% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of Fashion Point itself: 2.7% within 12 months.
Test of the method
The method was tested on the 497,446 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 6,619 companies, not a prediction for Fashion Point. 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.
Credit verdict
No credit on open account
Liquidity is ample, with a current ratio of 3.6 (0.7 in 2024), above the usual 1.5. Short-term debt is 23.8% and cash 37% of total assets. However, equity is negative.
Credit check for an amount and term of your choice
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.
Signals
Six signals.
lowers riskraises riskneutral
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year -€425,150
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-07-2026, 2 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
2 days early
2024
on the day
2023
1 day early
2022
31 days late
2021
4 days early
2020
6 days late
2019
8 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 3 days after the deadline. In the sector (NACE 47), the median for financial year 2024 was on the deadline day, and 47% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 31 July (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
05-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0417996259
2 directors appointed, 2 resignations
Resignations: KUMPEN Kevin Lea Jan and MORRAN · Appointments: KUMPEN Jean-Luc (statutory director) and FRANSSEN Patricia (successor statutory director) · MORRAN holds all the shares · General meeting of 19-11-2021 · Gazette deed
2 directors appointed, 2 resignations
Resignations: KUMPEN Kevin Lea Jan and MORRAN · Appointments: KUMPEN Jean-Luc (statutory director) and FRANSSEN Patricia (successor statutory director) · MORRAN holds all the shares · Gazette deed
New establishment in Maasmechelen
Kruindersweg 82
Comparable companies
same main activity, similar in size and age| Company | Total assets | Gross margin | Solvency | Staff |
|---|---|---|---|---|
| Fashion Point Maasmechelen | €375,911 | -€229,730 | -113.1% | 1.6 |
| FLUORESCENCE Ixelles | €484,806 | -€63,197 | 79.9% | 0.8 |
| A.B. Wichelen | €671,925 | €1,803 | 23.6% | 1.6 |
| Juluka Oosterzele | €415,722 | -€69,048 | 37.2% | - |
| Eral Shoes Management Uccle | €313,409 | -€25,195 | 22.1% | - |
| SET SEVEN Braine-l'Alleud | €425,062 | -€41,144 | 49.3% | - |
| DANIEL GAY - SCARPE DI MODA Tervuren | €362,151 | -€3,162 | -69.6% | - |
These companies have the same main activity as Fashion Point: retail sale of clothing and accessories for women, men, children and babies (general range) (NACE 47716). They are comparable in size and age: total assets between €313,000 and €672,000, founded between 1981 and 2001.
Official details
Source: KBO- Status
- Active since 01-02-1978Normal situation
- Activity
- Retail sale of clothing and accessories for women, men, children and babies (general range)NACE 47716and 1 other
- Joint committees
- 109Clothing and garment industry
- 201Independent retail · annual accounts 2025
- Establishment units
- 2.108.417.4373630 Maasmechelen, since 01-02-1978
- 2.108.417.5363630 Maasmechelen, since 01-02-1978and 4 others
- Financial year end
- 31 December
- Peppol
- Reachable since 21-10-2026
Annual accounts 2025
- Total assets
- €375,911▼ 23.0%
- Employeeson 31-12-2025
- 0▼ 100%
- Filing
- Filed on 29-07-2026, 2 days before the end of the filing period
Insights on Fashion Point
Solvency fell in 2025 from -30.3% to -113.1% because of the loss and higher long-term debts.
MORRAN 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.
Key facts about Fashion Point
- What is the company number of Fashion Point?
- The company number of Fashion Point is 0417.996.259. The VAT number is the same number with BE in front: BE 0417.996.259.
- Where is Fashion Point based?
- The registered office is at Kruindersweg 94, 3630 Maasmechelen.Company details
- What does Fashion Point do?
- According to the KBO register, the main activity is retail sale of clothing and accessories for women, men, children and babies (general range) (NACE 47716).
- What is the legal form of Fashion Point?
- Fashion Point is a public limited company (NV).
- When was Fashion Point founded?
- Fashion Point was founded on 01-02-1978.
- Is Fashion Point still active?
- Yes, Fashion Point is an active enterprise in the KBO register.
- How many employees does Fashion Point have?
- Fashion Point had an average of 1.6 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does Fashion Point fall under?
- In its 2025 annual accounts, Fashion Point states joint committees 109 (Clothing and garment industry) and 201 (Independent retail).
- What is the turnover of Fashion Point?
- The annual accounts for financial year 2025 state no turnover. In financial year 2019 turnover was €6.1m.
- Is Fashion Point profitable?
- In financial year 2025, Fashion Point made a loss of €277,103.
- Where can I find the annual accounts of Fashion Point?
- Fashion Point filed 48 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Fashion Point due?
- Fashion Point must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark See what changed in the latest annual accounts.What changed
See how customers, suppliers and banks see your own company and what to improve first.