Financials
- Financial year
- 2025
- Total assets
- €529,031
- Profit
- €6.5m
- Solvency
- -17.6%
Total assets▼ 49.8%
Net result
20192025
JPN RETAIL
Open bankruptcyA bankruptcy procedure is open for JPN RETAIL according to publications in the Belgian Official Gazette; trustee: Frederik De Vulder.
Summary
The file additionally contains 2 judicial reorganisation notices. The 2025 annual accounts show negative equity (-€92,891) and a net result of €6.5m.
Are you a creditor?
Open bankruptcy
Source: Belgian Official Gazette
If this company owes you money, you are not paid automatically: you file your claim yourself, within the deadline the judgment sets.
The procedure
- Court
- French-language Enterprise Court of Brussels
- Declared bankrupt
- 30 March 2026
- Supervising judge
- GRéGOIRE Tesch
- Official Gazette
- 03-04-2026 (pdf) ↗search the document for 2026/114643
Deadlines
- Appeal or third-party opposition until
- passed on 18 April 2026Fifteen 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 29 April 2026art. XX.104 and XX.155, Code of Economic Law
- First verification report
- passed on 6 May 2026Reclaim 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
- 30 March 2027A 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
- Frederik De Vulder59 B, Avenue Reine Astrid (Bte 3), 1780 Wemmelcabinet@devulderavocat.be
What to do now
- Stop delivering on credit unless the trustee agrees.
- Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
- File your proof of claim in RegSol (regsol.be), yourself with eID or itsme, or through your lawyer. State principal, interest and costs separately, and any preferential right you hold.
- Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
- Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered, subject to conditions.
- Follow the file in RegSol: the verification report (admitted or disputed) and the trustee's reports appear there.
These deadlines come from the publication of the judgment. Check them in RegSol before you file anything; once a deadline has passed, it is too late for that step.
File a claim in RegSol ↗
Follow
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
Manufacture of leather and related products
NACE 15200
3 sites
Size
€529,031total assets 2025
- Staff
- 6.8 FTE
- Equity
- -€92,891
- Profit
- €6.5m
Financial health
Open bankruptcy: no score
Structure
- Parent
- VNFF · 69.3%
- Holdings
- 1
2 of 7 deeds read
Signalsraises riskOpen bankruptcyWeak solvency vs sectorneutralLatest accounts filed on timeShow the evidence
Signals
Three signals.
raises riskneutral
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 20% of 56 sector peers (2025).
NBB · sector comparisonPosition among 56 sector peers
Solvency
better than 20%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-01-2025 was due by 31-08-2025 and was filed on 21-08-2025, 10 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
10 days early
2024
51 days early
2023
27 days late
2022
13 days early
2021
60 days early
2020
16 days late
2019
64 days early
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 7 accounts on average 22 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Searched, nothing found (1)
- OpeningFrench-language Enterprise Court of Brussels…
- Annual accounts filedfinancial year 2025 · full…
- Back to profitnet €6.5m
Key points
By topic
Board & ownership
- Parent
- VNFF · 69.3%
Network & group
- Holdings
- 1
1 holding
Timeline
- Events
- 17
- Since
- 2016
- 28-10-2024Registered office
- 17-07-2024Plan homologation
- 11-07-2024Annual accounts filed
Company details
- Sites
- 3
- Legal form
- Private limited company
- Activity
- Manufacture of leather and related productsNACE 15200
- Founded
- 12-09-2014
- Year ends
- 31-01
- Peppol
- Still in the Peppol directory
Articles of association
- Provisions read
- 29
- Purpose
- “L’achat et la vente,en gros et en détail,ainsi que la fabrication de chaussures et de tous…” (deed in French)
Go further with this company
Who ran this company, and where was it based, on a given date before it ended?Company as of a date Is the registered address a letterbox address or a business centre?Addresses Are there other customers at risk in your own list?Process a list How is the manufacture of leather and related products sector doing?Sector figures
Investigating this company? Keep it with today's facts in a case file.