leather company
ActiveSummary
leather company has been active since 1968 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.4m and a net result of €705. Equity has been stable since 2018 (±0.1% per year). Its solvency ranks better than 85% of 198 sector peers (NACE 14, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Overview
Official details
Source: KBO- Status
- Active Normal situation
- Activity
- Manufacture of wearing apparel NACE 14299
- Establishment unit
- 2.034.559.459 9090 Merelbeke-Melle, since 24-11-1986
- Financial year end
- 31 December
- Peppol
- Reachable
Board and ownership
- BC MANAGEMENTDirector · since 09-07-2010 · permanent representative Bernard Corthals
- MGSLDirector · since 09-07-2010 · permanent representative Michel Corthals
- Holdings
- Shares in 2 companies BLUE STAR and BLUE STAR IMMO
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.3%
- Gross margin
- €16,646
- ▲ 3.6%
- Turnover
- ≈ €130,000
- estimated
- Profit
- €705
- ▲ 297%
- Equity
- €1.4m
- ▲ 0.1%
- Total assets
- €1.8m
- ▲ 0.1%
Score breakdownraises riskLiquidity: current ratio 0.02, cash €190, halvedlowers riskSize: total assets €1.8mFounded in 1968Equity €1.4m (77.1% of total assets)Show the evidence
Checked score
About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 14, micro). It does better than 91% of them on solvency, 47% on liquidity, 39% on profitability and 46% on growth.
The bankruptcy probability was computed on 03-11-2026 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.
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).
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Signals
The company filed its last 7 accounts on average 61 days before the deadline. In the sector (NACE 14), the median for financial year 2024 was 6 days before the deadline, and 35% of those companies filed late.
Searched, nothing found (2)
Key points
Recent changes
- · Gazette deed Registered office moved within MelleNew seat: Gontrode Heirweg 180, 9090 Melle · Previous seat: François Spaestraat 13, 9090 Melle · Changes of role: MGSL (statutory director) and BC MANAGEMENT (statutory director)
Comparable companies
These companies have the same main activity as leather company: manufacture of wearing apparel (NACE 14299). They are comparable in size and age: total assets between €496,000 and €2.1m, founded between 1982 and 2002.
| Company | Total assets | Gross margin |
|---|---|---|
| leather company Merelbeke-Melle | €1.8m | €0.02m |
| BELCHAM Kruisem | €1.9m | €0.07m |
| RISTANA SHOE Brasschaat | €2.0m | €0.02m |
| DE GEEST SPORT Laarne | €0.5m | €0.04m |
| Cé-INVEST Oosterzele | €0.5m | €0.06m |
| ENOLAN Knokke-Heist | €2.1m | €0.09m |
| TIARELLI Dentergem | €0.6m | €0.1m |
Key facts about leather company
- What is the company number of leather company?
- The company number of leather company is 0402.155.466. The VAT number is the same number with BE in front: BE 0402.155.466.
- Where is leather company based?
- The registered office is at Gontrode Heirweg 324, 9090 Merelbeke-Melle.Company details
- What does leather company do?
- According to the KBO register, the main activity is manufacture of wearing apparel (NACE 14299).
- What is the legal form of leather company?
- The legal form of leather company is Private limited company (BV).
- When was leather company founded?
- leather company was founded on 01-01-1968.
- Is leather company still active?
- Yes, leather company is an active enterprise in the KBO register.
- How many employees does leather company have?
- leather company had an average of 1.8 full-time equivalents in financial year 2018, according to the filed annual accounts.Financials
- What is the turnover of leather company?
- The turnover in financial year 2025 is ≈ €130,000. This figure is estimated from the gross margin of €16,646 and 6,319 comparable companies of the same size. It probably lies between €58,000 and €310,000. It is a rough estimate.
- Is leather company profitable?
- In financial year 2025, leather company made a profit of €705.
- Where can I find the annual accounts of leather company?
- leather company filed 49 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of leather company due?
- leather company must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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