Result
-€271,236 -€271,236
From profit to loss in 2023, after a profit of €147,281 in 2022.
EXIT TWENTY
Information for creditors
Enterprise Court of Brussels · Official Gazette of 02-07-2024Appeal or third-party opposition 17-07-2024Filing the claim in RegSol 25-07-2024First verification report 31-07-2024Late claim 25-06-2025
Trustee: Sylvia Lagrou. The judgment is more than a year old. A claim can no longer be filed, not even late. The trustee knows whether anything will still be paid out.
Lifetime
18 annual accounts with figures on one time axis, 35 filings since 1988peak €7.9m (2006)
€1.9m▼ 8.7%
lowest -€3.4m (2007)
-€271,236▼ €418,517
peak €1.0m (2022)
€763,318▼ 26.2%
€434,330▲ 130%
peak 13.2 FTE (2018)
12.2 FTEunchanged
Board8 names since 2014
1 directorThomas Bervoets
Owners2 names in the annual accounts
100%S&S Belux
Documentsfilings and deeds
05-04-202496 days late
2023financial year
Gross margin from €696,696 to €505,845Loss of €271,2362 directors resigning 07-082 directors resigning, 1 statutory auditor reappointed 22-06Equity from €1.0m to €763,318Debts from €188,453 to €434,330
Key points
from the 2023 annual accounts, the last ones filedDebts
€434,330 ▲ 130%
Debts rose by €245,877 in 2023.
Staff
10 employees on 31-05-2023
In 2023, 10 people joined and 15 left.
Payment terms
42 days to suppliers
EXIT TWENTY pays its suppliers 23 days later than in 2022.
Filings
35 annual accounts 36 filings since 1988
Six of the last ten came late. The 2023 accounts came latest: 96 days after the end of the period.
At the same address
1 company
KuBo Invest came to this address 318 days after the ruling.
No score
Board and ownership
- S&S Belux 100%bankrupt since 25-06-2024equity -€4.2m (2023) · annual accounts 31-05-2023
Recent changes
KuBo Invest at this address
Bankruptcy published
Enterprise Court of Brussels · judgment of 25-06-2024 · Bankruptcy
2 directors resigning
GAB Management BV and S&S Belux NV · Permanent representative: Alain Broekaert · Board meeting of 14-06-2023 · Gazette deed
2 directors resigning, 1 statutory auditor reappointed
Resignations: GAB Management and S&S Belux · Reappointment: Callens,Vandelanotte&Theunissen (statutory auditor) · Permanent representative: Ken Snoeks · General meeting of 14-06-2023 · Gazette deed
Official details
Source: KBO- Status
- In bankruptcydeclared bankrupt on 25-06-2024
- Activity
- Wholesale of clothing, excluding workwear and underwearNACE 46423
- Establishment units
- 2.111.829.7588791 Waregem, since 29-09-1988
- 2.221.345.7283630 Maasmechelen, since 26-08-2013and 1 other
- Financial year end
- 31 May
- Peppol
- Not found in the Peppol Directory
Annual accounts to 31-05-2023
- €1.2m▼ 2.1%
- Employeeson 31-05-2023
- 10▼ 37.5%
- Filing
- Filed on 05-04-2024
Insights on EXIT TWENTY
EXIT TWENTY reached its highest turnover in 2006: €7.9m. A year later it was €4.1m, and in 2008 still €2.6m.
Equity fell from €1.0m in 2022 to €763,318 in 2023, while debts rose from €188,453 to €434,330.
On 25 June 2024 the court declared EXIT TWENTY bankrupt. Parent company S&S Belux went bankrupt the same day.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about EXIT TWENTY
- What is the company number of EXIT TWENTY?
- The company number of EXIT TWENTY is 0434.844.466. The VAT number is the same number with BE in front: BE 0434.844.466.
- Where was EXIT TWENTY based?
- The last known address of the registered office is Kortrijkseweg 78, 8791 Waregem.Company details
- What does EXIT TWENTY do?
- According to the KBO register, the main activity is wholesale of clothing, excluding workwear and underwear (NACE 46423).
- What is the legal form of EXIT TWENTY?
- EXIT TWENTY is a public limited company (NV).
- When was EXIT TWENTY founded?
- EXIT TWENTY was founded on 15-07-1988.
- Is EXIT TWENTY still active?
- A bankruptcy is running. A bankruptcy trustee manages the company.
- How many employees did EXIT TWENTY have?
- EXIT TWENTY had an average of 12.2 full-time equivalents in financial year 2023, according to the filed annual accounts.Financials
- What is the turnover of EXIT TWENTY?
- The turnover of EXIT TWENTY was €1.9m in financial year 2023, according to the filed annual accounts.
- Is EXIT TWENTY profitable?
- In financial year 2023, EXIT TWENTY made a loss of €271,236.
- Where can I find the annual accounts of EXIT TWENTY?
- EXIT TWENTY filed 36 annual accounts with the National Bank of Belgium, the latest for financial year 2023.
Next steps
See what became of the directors' other companies.Supplier due diligence See who ran this company and where its registered office was, on a date of your choice.Company as of a date Find how this company is connected to another party.Network investigator Check whether the registered address is a letterbox address or a business centre.Addresses Check your own customer list for customers at risk.Process a list See how the wholesale of clothing, excluding workwear and underwear sector is doing.Sector figures