LUXURY OUTLET GROUP
A bankruptcy procedure is open for LUXURY OUTLET GROUP according to publications in the Belgian State Gazette. The 2019 annual accounts show negative equity (€-409k) and a net result of €-568k.
| Equity | €-409k |
| Net result | €-568k |
| Staff (FTE) | 1.7 |
| Active | 8 yrs |
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.
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.
The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.
See plans →| Fiscal year | 2019 |
|---|---|
| Deposit | micro |
| Revenue | - |
| EBITDA | €-436k |
| Net profit | €-568k |
| Cash flow | €-450k |
| Staff costs | - |
| Income taxes | - |
| Dividends | - |
| Total assets | €223k |
| Equity | €-409k |
| Debt | €633k |
| of which ≤ 1y | €173k |
| of which > 1y | €460k |
| Working capital | €-127k |
| Employees (FTE) | 1.7 |
| 2019 | |
|---|---|
| Current ratio | 0.27 |
| Quick ratio | 0.27 |
| Working capital ratio | -56.9% |
| Solvency | -183.6% |
| Debt / equity | -1.12 |
| Long-term debt ratio | -1.12 |
| Interest coverage | - |
| Gross margin | - |
| Net margin | - |
| ROA | -254.7% |
| ROE | 138.7% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Full annual accounts (20 line items)
| Line item | Code | 2019 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €223k |
| Fixed assets | 21/28 | €177k |
| Intangible fixed assets | 21 | €176k |
| Tangible fixed assets | 22/27 | €2k |
| Current assets | 29/58 | €46k |
| Amounts receivable within one year | 40/41 | €32k |
| Cash & bank | 54/58 | €14k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €223k |
| Equity | 10/15 | €-409k |
| Accumulated profits (losses) | 14 | €-568k |
| Amounts payable | 17/49 | €633k |
| Amounts payable after one year | 17 | €460k |
| Amounts payable within one year | 42/48 | €173k |
| Trade debts payable within one year | 44 | €123k |
| Income statement | ||
| Gross operating margin | 9900 | €-360k |
| Operating result | 9901 | €-554k |
| Financial charges | 65 | €14k |
| Result before taxes | 9903 | €-568k |
| Net result for the period | 9904 | €-568k |
| Result to be appropriated | 9905 | €-568k |
| Role | Name | Tenure | Source |
|---|---|---|---|
| Curator | LAURENT SAMYN MEXICOSTRAAT 8, 8730 BEERNEM- |
26-09-2022 → present | Belgian State Gazette |
| NACE primary | - |
| Legal form | Private limited company (pre-2019)(015) |
| Incorporation | 24-01-2018 |
| Status | Active |
| Postal code | 8000 |
| First BS signal | 07-10-2022 |
| Latest BS signal | 07-10-2022 |
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.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31804D0543/00B000 | Flanders | 128 m² | 1 · 120 m² | 10.1 m · 2 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
| Legal nameNL | LUXURY OUTLET GROUP |