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LAURETIM

Open bankruptcy
Private limited companyfounded 2013Adolf Buylstraat 45, 8400 Oostende, BelgiumKBO/BCE: BE 0536.414.255

A bankruptcy procedure is open for LAURETIM according to publications in the Belgian State Gazette; curator: ANN SOPHIE DE BUCK. The file additionally contains 1 judicial reorganisation. The 2025 annual accounts show negative equity (€-177k) and a net result of €-42k.

Signals

Six signals. The signal on the left, the evidence on the right.
+raises riskneutral
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
19202122232425
2019 to 2025 · latest year €-177k
raises risk · Register: open bankruptcy
The KBO register records the legal situation: open bankruptcy (code 050). This is today's state according to the register itself; the register carries no start date.
KBO · legal situation
raises risk · Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Belgian State Gazette
neutral · Filed after the deadline
The financial year that closed on 31-07-2025 was due by 28-02-2026 and was filed on 22-03-2026, 22 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filings
Deviation from the deadline
2025
22 d late
2024
4 d late
2023
18 d late
2022
10 d late
2021
57 d late
2020
2 d early
2019
on the day
← before the deadline after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-07-2026 and is due by 28-02-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
31-07-2026 close20-09-2026 today28-02-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, micro schema

Equity
€-177k▼ 31.5%
2024 · €-135k
2019: €54k 2020: €109k 2021: €25k 2022: €-103k 2023: €-95k 2024: €-135k
2019 → 2025
Total assets
€596k▼ 6.3%
2024 · €637k
2019: €716k 2020: €1.38M 2021: €1.34M 2022: €1.28M 2023: €799k 2024: €637k
2019 → 2025
Net result
€-42k▼ 6.3%
2024 · €-40k
2019: €39k 2020: €54k 2021: €-84k 2022: €-128k 2023: €8k 2024: €-40k
2019 → 2025
Working capital
€-313k▼ 20.7%
2024 · €-260k
2019: €40k 2020: €13k 2021: €-17k 2022: €-192k 2023: €-179k 2024: €-260k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€25k-€-103k€-95k▲ 7.9%€-135k▼ 42.1%€-177k▼ 31.5%
Operating result€-97k-€-101k▼ 3.5%€47k€-10k€-3k▲ 68.0%
Net result€-84k-€-128k▼ 52.8%€8k€-40k€-42k▼ 6.3%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-150k€-100k€-50k€0€50kOperating result 2021: €-97k€-97kNet result 2021: €-84k€-84kOperating result 2022: €-101k€-101kNet result 2022: €-128k€-128kOperating result 2023: €47k€47kNet result 2023: €8k€8kOperating result 2024: €-10k€-10kNet result 2024: €-40k€-40kOperating result 2025: €-3k€-3kNet result 2025: €-42k€-42k20212022202320242025
The operating result stays negative: a loss of €3k in 2025 against €10k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €596k
Fixed assets €516k▼ 4.0%
Current assets €81k▼ 19.1%
Key figures and ratios
2025 value · change against 2024
EBITDA
€18k
2024 · €14k
Cash flow
€-22k
2024 · €-16k
Solvency
-29.7%
2024 · -21.1%
Current ratio
0.20
2024 · 0.28
Quick ratio
0.06
2024 · 0.12
Debt / equity
-4.37
2024 · -5.73
ROA
-7.1%
2024 · -6.3%
Interest coverage
0.45
2024 · 0.48
Debt
€773k
2024 · €771k
Debt ≤ 1 year
€394k
2024 · €359k
Debt > 1 year
€361k
2024 · €410k
Income taxes
€564
2024 · €890
Staff costs
€21k
2024 · €29k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet Code20242025
Assets
Total assets20/58€637k€596k
Fixed assets21/28€537k€516k
Intangible fixed assets21€183-
Tangible fixed assets22/27€537k€516k
Land and buildings22€529k€512k
Plant, machinery and equipment23€297€46
Furniture and vehicles24€2k€1k
Other tangible fixed assets26€6k€3k
Current assets29/58€100k€81k
Stocks and contracts in progress3€58k€57k
Stocks30/36€58k€57k
Amounts receivable within one year40/41€38k€16k
Trade receivables40€38k€15k
Other amounts receivable41-€866
Cash at bank and in hand54/58€2k€3k
Deferred charges and accrued income490/1€1k€4k
Equity and liabilities
Total equity and liabilities10/49€637k€596k
Equity10/15€-135k€-177k
Contributions10/11€12k€12k=
Reserves13€97k€97k=
Non-distributable reserves130/1€78k€78k=
Other1319€78k€78k=
Tax-exempt reserves132€19k€19k=
Profit (loss) carried forward14€-244k€-287k
Amounts payable17/49€771k€773k
Amounts payable after more than one year17€410k€361k
Financial debts170/4€410k€361k
Amounts payable within one year42/48€359k€394k
Current portion of amounts payable after more than one year42€100k€75k
Financial debts43€47k€101k
Credit institutions430/8€47k€101k
Trade debts44€111k€85k
Suppliers440/4€111k€85k
Taxes, remuneration and social security45€43k€83k
Taxes450/3€41k€83k
Remuneration and social security454/9€2k-
Other amounts payable47/48€59k€50k
Accrued charges and deferred income492/3€2k€18k
Income statement Code20242025
Remuneration, social security and pensions62€29k€21k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€24k€21k
Other operating charges640/8€35k€17k
Non-recurring operating charges66A€18k€609
Gross operating margin9900€97k€57k
Operating profit (loss)9901€-10k€-3k
Financial income75/76B-€0
Recurring financial income75-€0
Financial charges65/66B€29k€39k
Recurring financial charges65€29k€39k
Profit (loss) for the period before taxes9903€-39k€-42k
Income taxes67/77€890€564
Profit (loss) for the period9904€-40k€-42k
Profit (loss) for the period to be appropriated9905€-40k€-42k
Appropriation of the result
Profit (loss) to be appropriated9906€-244k€-287k
Profit (loss) brought forward from the previous period14P€-204k€-244k

The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 28-02-2027
2026
04-05
Bankruptcy Opening
Ondernemingsrechtbank Gent, afdeling Oostende · LAURETIM BV ADOLF BUYL- STRAAT 45, 8400 OOSTENDE · event 27-04-2026
22-03
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 22 days late
2025
24-10
Judicial reorganisation Opening
Ondernemingsrechtbank Gent · collectif_pme · event 20-10-2025
04-03
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 4 days late
2024
18-03
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 18 days late
2023
31-07
Financial Back to profitnet €8k
Net result €8k after 2 loss-making years.
10-03
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 10 days late
2022
31-07
Financial Weakest financial yearnet €-128k
Net result drops to €-128k, the lowest in the series.
26-04
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema · 57 days late
2021
26-02
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
31-07
Financial Highest result since 2019net €54k ▲37.8%
Operating result €89k, net result €54k, both a record.
31-07
Financial Equity above €100kEq €109k ▲100%
2 profitable years in a row build equity to €109k.
2019
31-10
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2018
17-09
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2017
25-08
NBB filing Annual accounts filed
fiscal year 2016 · micro schema · 25 days late
2016
20-06
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
4 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Oostende · 1 establishment unit since 2013
establishment The establishment unit on the map
Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Adolf Buylstraat 458400 Oostende
Ground area
300 m²
Parcel 35013A0099/00H000, Flanders. Linked by address, not a title deed.
1 establishment unit
LAURETIM
Adolf Buylstraat 45, 8400 OostendeAgents in the wholesale of textiles, clothing, fur, footwear and leather goods
since 20132.220.582.594
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
35013A0099/00H000 Flanders 300 m² - -
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Insolvency mandates

1 mandate
Role Name Tenure
Curator ANN SOPHIE DE BUCK
KAPELLESTRAAT 136/BLOK E, 8020 OOSTKAMP
27-04-2026 → present

Similar companies · same sector, comparable size

Of 6,503 companies in sector 47716 we hold annual accounts for 2,438. 1,651 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded02-07-2013
Fiscal year end31-07
Activities, NACEBEL
47716Retail sale of clothing and accessories for women, men, children and babies (general range)
Sources
Crossroads Bank for EnterprisesNational Bank · 11 filingsAddress and cadastre registers

Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.