Checked.be
Active
BE 0567.640.535Public limited company
Fred & Ginger Retail Belgium
Bautersemstraat 68A ·2800 Mechelen, Belgium· 11 yrs active
Sector: Detailhandel in baby- en kinderbovenkleding
(47713)
Conclusion
The KBO register records legal situation 050 for Fred & Ginger Retail Belgium (Register: open bankruptcy); this is today's state according to the register itself, which carries no start date. The 2018 annual accounts show equity of €1.18M and a net result of €-2.21M.
Based on the State Gazette, CBE and 1 annual account.
Key figures
| Equity | €1.18M |
| Net result | €-2.21M |
| Staff (FTE) | 47.4 |
| Active | 11 yrs |
Financial profile
7
/ 100
Fragile profile, watch health in particular.
Computed on 4 of 5 axes. Not measured: growth. An unmeasured axis is not a zero: no data was read for it.
Health
0
Profitability
0
Solvency
28
Growth
-
Stability
0
Bankruptcy probability (12 mo)
Bankruptcy opened
A bankruptcy procedure is already open, a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.
Risk Assessment
0 / 100
High riskRegister: open bankruptcyThis score counts publications in the Belgian State Gazette only. The KBO register additionally records legal situation 050 for this company; it does not feed the figure above.
Trust signals
Register: open bankruptcy
The KBO register records legal situation 050 for this company. This is today's state according to the register itself; the register carries no start date.
Administrative Flags
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Health barometer
0
/ 100
Critical
Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.
The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.
See plans →Computed by Checked from the NBB filing for FY 2018 and the legal situation the KBO register itself records. Indicative, not credit advice.
Financial overview
Annual accounts filed on 30-09-2019 with the NBB · fiscal year 2018 · volledig
| Fiscal year | 2018 |
|---|---|
| Deposit | volledig |
| Revenue | €5.15M |
| EBITDA | €-602k |
| Net profit | €-2.21M |
| Cash flow | €-2.04M |
| Staff costs | - |
| Income taxes | €659 |
| Dividends | - |
| Total assets | €12.55M |
| Equity | €1.18M |
| Debt | €11.37M |
| of which ≤ 1y | €11.37M |
| of which > 1y | - |
| Working capital | €437k |
| Employees (FTE) | 47.4 |
Ratios (computed)
| 2018 | |
|---|---|
| Current ratio | 1.04 |
| Quick ratio | 0.87 |
| Working capital ratio | 3.5% |
| Solvency | 9.4% |
| Debt / equity | - |
| Long-term debt ratio | - |
| Interest coverage | -449.51 |
| Gross margin | - |
| Net margin | -42.8% |
| ROA | -17.6% |
| ROE | -187.3% |
| EBITDA margin | -11.7% |
| Days sales outstanding | 680d |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Balance-sheet composition 2018
Full annual accounts (23 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2018 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €12.55M |
| Fixed assets | 21/28 | €744k |
| Intangible fixed assets | 21 | €336k |
| Tangible fixed assets | 22/27 | €408k |
| Current assets | 29/58 | €11.80M |
| Stocks & contracts in progress | 3 | €1.87M |
| Amounts receivable within one year | 40/41 | €9.59M |
| Cash & bank | 54/58 | €344k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €12.55M |
| Equity | 10/15 | €1.18M |
| Contributions / capital | 10/11 | €1.98M |
| Accumulated profits (losses) | 14 | €-805k |
| Amounts payable | 17/49 | €11.37M |
| Amounts payable within one year | 42/48 | €11.37M |
| Trade debts payable within one year | 44 | €555k |
| Income statement | ||
| Turnover | 70 | €5.15M |
| Operating result | 9901 | €-768k |
| Financial income | 75 | €301 |
| Financial charges | 65 | €36k |
| Result before taxes | 9903 | €-804k |
| Income taxes | 67/77 | €659 |
| Net result for the period | 9904 | €-805k |
| Result to be appropriated | 9905 | €-805k |
Ratios computed by Checked.
Legal Structure
| NACE primary | Detailhandel in baby- en kinderbovenkleding(47713) |
| Legal form | Public limited company(014) |
| Incorporation | 31-10-2014 |
| Status | Active |
| Postal code | 2800 |
Establishment units
Fred & Ginger
since 20062.164.838.179
Fred & Ginger
since 20062.164.838.476
GINGER
since 20072.164.838.971
Fred & Ginger
since 20072.175.098.306
GINGER
since 20082.175.078.609
Fred & Ginger
since 20082.175.098.801
Show 12 more locations
Fred & Ginger
since 20092.179.901.784
Fred & Ginger
since 20132.214.762.495
Fred & Ginger
since 20132.216.262.829
Fred & Ginger
since 20142.236.831.084
F.R.E.D.
since 20152.241.025.543
Ginger
since 20152.244.509.130
Ginger
since 20152.245.589.689
Fred & Ginger retail Belgium NV
since 20172.260.805.526
Fred & Ginger Retail Belgium
since 20172.263.766.006
GINGER
since 20182.274.388.494
GINGER
since 20192.282.467.408
Fred & Ginger
since 20202.299.547.821
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Real-estate footprint
Parcels 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.
Flanders
17
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12403D0141/00C003 | Flanders | 1,988 m² | 1 · 1,780 m² | 37.5 m · 2 fl. |
| 44018A0706/00A002 | Flanders | 743 m² | 1 · 169 m² | 11.4 m · 1 fl. |
| 11804D3217/00E000 | Flanders | 591 m² | 1 · 529 m² | 16.6 m · 3 fl. |
| 13434F0737/00L000 | Flanders | 460 m² | 1 · 234 m² | 13.5 m · 3 fl. |
| 71022H0263/00D000 | Flanders | 291 m² | 1 · 249 m² | 19.0 m · 5 fl. |
| 31804D0666/00E000 | Flanders | 287 m² | 1 · 247 m² | 15.3 m · 3 fl. |
| 12025D0361/00B000 | Flanders | 261 m² | 1 · 220 m² | 22.4 m · 5 fl. |
| 24502B0714/00Z000 | Flanders | 227 m² | 1 · 247 m² | 16.9 m · 2 fl. |
| 11803C1803/00E000 | Flanders | 203 m² | 1 · 191 m² | 18.3 m · 4 fl. |
| 11804D0558/00E000 | Flanders | 201 m² | 1 · 193 m² | - |
7 more parcels, available from Kantoor S.
See plans →Methodology
via registered seat: 1 · via establishment units: 16
17 of 17 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
3 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
Updates
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
2019
30-09-2019
NBB filing
Annual accounts filed
2018
29-09-2018
NBB filing
Annual accounts filed
2017
29-12-2017
NBB filing
Annual accounts filed
2015
31-10-2015
NBB filing
Annual accounts filed
Belgian State Gazette reading coverage
We know of 12 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Credit advice
Company registry (CBE)
Activities
Detailhandel in baby- en kinderbovenkleding47713Detailhandel in damesbovenkleding47711
Primary activity highlighted.
Names & trade names
| Legal nameNL | Fred & Ginger Retail Belgium |
Registered office
Bautersemstraat 68A
2800 Mechelen, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
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