THE FASHION SOCIETY

Active

Public limited companyfounded 2014active for 12 yearsBrusselsesteenweg 185, 1785 Merchtem, Belgium20 active companies are registered at this addressKBO/BCE: BE 0553.548.910

Summary

THE FASHION SOCIETY has been active since 2014 and the Belgian Official Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €66.4m and a net result of -€1.7m. Equity is growing by about 6.9% per year across the filed financial years. Its solvency ranks better than 38% of 328 sector peers (NACE 46, financial year 2026). The computed 12-month bankruptcy probability is 0.4% (very low).

Risk analysisFollow Report Compare

THE FASHION SOCIETYActiveChecked score 82/100

Risk analysis Report Compare

Activity

Wholesale of other household goods

NACE 46499Activities of head offices NACE 70100

Largest employer in Merchtem2 sites

Size

€130.7mturnover 2026

Staff: 238.4 FTE
Equity: €66.4m
Loss: -€1.7m

Turnover +140%: branch received

Financial health

82 Excellent Checked score 2026

Bankruptcy probabilitywithin 12 months: 0.4%

Structure

Parent: Darzana · 100%
Board: 6 members
Holdings: 29

Auditor: Ernst et Young Reviseurs d'Entreprises2026 accounts 75 days early8 of 23 deeds summarised

Why 82raises riskLiquidity: current ratio 0.90, cash €7.8m1 of the last 3 lateLoss of €1.7m (financial year 2026)lowers riskFounded in 2014Show the evidence

Checked score

Score 2026

82 / 100

Excellent

Probability in this band: under 0.55%

Financially better than 37% of its sector peers (NACE 46, medium-sized)

Every signal that counts is listed under Signals.

Financial strength · tick = 2025

Weak

Solvency 60-15

equity 35.1% of total assets

Liquidity 27-10

short-term debt 55.0% · cash 4.1%

Profitability 20-22

return on assets -0.9%

Bankruptcy probability, 12 months

0.4% Very low

0%0.5%1.5%4%10%≥ 25%

About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (746 companies, NACE 46, medium-sized)

Last 24 months 11-2024: 0.7% 12-2024: 0.7%● unchanged vs 11-2024 01-2025: 0.8%▲ +0.1 percentage points vs 12-2024 02-2025: 0.8%● unchanged vs 01-2025 03-2025: 1.2%▲ +0.4 percentage points vs 02-2025 04-2025: 1.3%▲ +0.1 percentage points vs 03-2025 05-2025: 2.1%▲ +0.8 percentage points vs 04-2025 06-2025: 2.2%▲ +0.1 percentage points vs 05-2025 07-2025: 2.8%▲ +0.6 percentage points vs 06-2025highest value 08-2025: 0.5%▼ -2.3 percentage points vs 07-2025 09-2025: 0.4%▼ -0.1 percentage points vs 08-2025 10-2025: 0.4%● unchanged vs 09-2025 11-2025: 0.4%● unchanged vs 10-2025 12-2025: 0.4%● unchanged vs 11-2025 01-2026: 0.4%● unchanged vs 12-2025 02-2026: 0.4%● unchanged vs 01-2026 03-2026: 0.4%● unchanged vs 02-2026lowest value 04-2026: 0.4%● unchanged vs 03-2026 05-2026: 0.4%● unchanged vs 04-2026 06-2026: 0.4%● unchanged vs 05-2026 07-2026: 0.4%● unchanged vs 06-2026 08-2026: 0.4%● unchanged vs 07-2026 09-2026: 0.4%● unchanged vs 08-2026 10-2026: 0.4%● unchanged vs 09-2026

Credit of up to €5,400,000 on 30-day terms is acceptable

Liquidity insufficient (current ratio 0.9, compared with 0.67 in 2025, below 1; short-term debt: 55% and cash: 4.1% of total assets), and 64.9% of the assets are financed with debt and provisions.

How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 46, medium-sized): better than 44% on solvency, 30% on liquidity, 11% on profitability and 62% on growth.

The bankruptcy probability was computed on 26-10-2026 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.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.

lowers riskraises riskneutral

Liquidity: current ratio 0.90, cash €7.8m

NBB · annual accounts

1 of the last 3 late

NBB · filings

Founded in 2014

Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.

KBO

Loss of €1.7m (financial year 2026)

NBB · annual accounts

Latest accounts filed on time

The financial year that closed on 31-01-2026 was due by 31-08-2026 and was filed on 17-06-2026, 75 days ahead of the deadline.

NBB · 8 filings

Deviation from the deadline

2026

75 days early

2025

53 days early

2023

42 days late

2022

91 days late

2021

25 days late

2020

33 days late

2019

30 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 13 days after the deadline; the sector median (NACE 46) for financial year 2023 is 2 days before the deadline, and 40% of those companies filed late.

Searched, nothing found (2)

Next filing not due yet

The next financial year closes on 31-01-2027 and is due by 31-08-2027. Nothing is late today.

Companies Code · seven months

Where today falls in the filing period

27-10-2026 today31-01-2027 year end31-08-2027 deadline

No strike-offs in the KBO publications

Searched since 2021.

KBO publications · our coverage

21-09-2026 Resignations: Liesbeth Sabbe, Franciscus Colruyt and…Reappointments: Jo Willemyns, Kris Castelein…
17-06-2026 Annual accounts filedfinancial year 2026 · full…
17-09-2025 MiscellaneousDemerger · Auditor report ·…

Key points

Caution: From profit to loss in 2026after €12.1m in 2025 -€1.7m View
Caution: Among the weakest 5% on net resultsector median €152,669 · 321 companies -€1.7m View
Positive: 6 years of growth in a rowturnover 2026: €130.7m 6 years View
3 restructurings since 2024latest: branch taken over from FASHION STORE 3 View
Board changedlatest change 01-08-2026 · 6 in office 3 joined · 3 left View
Controlled by Darzanaultimately: COLRUYT GROUP NV 100% View

By topic

Financials

Financial year: 2026
Turnover: €130.7m
Loss: -€1.7m
Solvency: 35.1%

Turnover▲ 140%

Net result

20192026

Go to Financials

Board & ownership

Board: 6 members
Parent: Darzana · 100%
Auditor: Ernst et Young Reviseurs…

Jo WillemynsDirector
Kris CasteleinDirector
Stefan GoethaertDirector
Stefan Goethaert BVDirector
VANBELLINGEN PeterDirector

and 1 other director

Go to Board & ownership

Network & group

Group: COLRUYT GROUP NV
Subsidiaries, all levels: 32
Direct holdings: 29
Connected companies: 65

32 subsidiaries

Go to Network & group

Timeline

Events: 29
Since: 2016
Next accounts: by 31-08-2027

09-07-2025Annual accounts filed
09-05-2025Purpose
26-02-2025Restructuring

Go to Timeline

Company details

Sites: 2

Legal form: Public limited company
Activity: Wholesale of other household goodsNACE 46499
Founded: 26-05-2014
Year ends: 31-01
Peppol: Reachable for e-invoices

Go to Company details

Articles of association

Provisions read: 5

Annual meeting: Second Wednesday of June at 13:00
Purpose: “Groothandel en kleinhandel in kleding, schoenen, accessoires en aanverwante producten. De…” (deed in Dutch)

Go to Articles of association

Key facts about THE FASHION SOCIETY

What is the company number of THE FASHION SOCIETY?: 0553.548.910. In Belgium the VAT number is the company number with BE in front: BE 0553.548.910.
Where is THE FASHION SOCIETY based?: The registered office is at Brusselsesteenweg 185, 1785 Merchtem.Company details
What does THE FASHION SOCIETY do?: According to the KBO register, the main activity is wholesale of other household goods (NACE 46499).
What is the legal form of THE FASHION SOCIETY?: Public limited company (NV).
When was THE FASHION SOCIETY founded?: On 26-05-2014.
Is THE FASHION SOCIETY still active?: Yes, THE FASHION SOCIETY is an active enterprise in the KBO register.
How many employees does THE FASHION SOCIETY have?: On average 238.4 full-time equivalents in financial year 2026, according to the filed annual accounts.Financials
What is the turnover of THE FASHION SOCIETY?: €130.7m in financial year 2026, according to the filed annual accounts.
Is THE FASHION SOCIETY profitable?: In financial year 2026, THE FASHION SOCIETY made a loss of €1.7m.
Where can I find the annual accounts of THE FASHION SOCIETY?: THE FASHION SOCIETY filed 17 annual accounts with the National Bank of Belgium, the latest for financial year 2026.
When are the next annual accounts of THE FASHION SOCIETY due?: By 31-08-2027, for financial year 2027.Timeline

Companies related to THE FASHION SOCIETY

Parent and group

Shareholders

FINCO NV48%

Subsidiaries and holdings

and 15 more

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How much credit can you give this customer, and on what payment terms?Credit check What should you check before you do business with this company?Supplier due diligence Is the workforce growing, and do people stay?Employer check Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check What support did similar companies receive that this one did not?Subsidies

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Overview