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NET FASHION

Active
Foreign entityfounded 2000active for 26 yearsRIVES DE CLAUSEN 26-28, 2165 LUXEMBOURG, LuxembourgKBO/BCE: BE 0472.915.877
Summary

NET FASHION has the legal form “Foreign entity” in the KBO. Checked does not compute a bankruptcy probability for it. The 2011 annual accounts show negative equity (-€28.8m) and a net result of -€19.9m. Equity has been shrinking by about 54% per year since 2007. The company has been active since 2000 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

Source: KBO
Status
Active since 04-10-2000 Normal situation
Activity
No activity registered in the KBO
Establishment unit
2.094.049.361 1150 Sint-Pieters-Woluwe, since 12-10-2000
Financial year end
31 December
Peppol
Not found in the Peppol Directory

Board and ownership

Shareholders
  • MEDINVEST INTERNATIONAL SCAannual accounts 2011

Financial position

2011 figures too old to scoreBankruptcy probability: legal form outside the model
Annual accounts 2011
Loss
€19.9m
▼ 37.7%
Equity
-€28.8m
▼ 216%
Total assets
€253,779
▼ 88.8%
  • Negative equity on 31-12-2011
  • 2012 accounts not filed, 4844 days past the deadline
SignalsneutralNo filing for yearsLatest accounts filed on timeShow the evidence

Checked score

No current score
Figures too old
The latest figures are for FY 2011. They are too old for a current score.
Filing: Five or more annual filings are missing. This points to a standstill, not an imminent failure.
Financial strength, FY 2011 · tick: 2010
Weak
Solvency 0=
equity -11329.7% of total assets
Liquidity 54+34
short-term debt 15.9% · cash 6.3%
Profitability 0=
return on assets -7823.1%
Bankruptcy probability within 12 months

The KBO gives the legal form as “Foreign entity”. There is no bankruptcy probability for it. The model is built on companies and gives no reliable figure for this form.

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Signals

Two signals.
neutral
neutral · No filing for years
The last filed financial year closed on 31-12-2011. Since then, 14 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 10 filings
Position against the passed deadline
31-12-2012 year end31-07-2013 deadline04-11-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2011 was due by 31-07-2012 and was filed on 26-06-2012, 35 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not filed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
not filed
2019
not filed
← before the deadline after the deadline →
tick = median of all Belgian filings

The Belgian median for financial year 2024 was 4 days before the deadline, and 38% of all filings were late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Risk: Negative equitydebts exceed assets in financial year 2011 -€28.8m View
  • Risk: 5 loss-making years in a rowloss in financial year 2011 -€19.9m View
  • Caution: Equity fell in 2011from -€9.1m to -€28.8m ▼ 216% View

Recent changes

  1. · Gazette deed Incorporation
All 13 events

Key facts about NET FASHION

What is the company number of NET FASHION?
The company number of NET FASHION is 0472.915.877. The VAT number is the same number with BE in front: BE 0472.915.877.
Where is NET FASHION based?
The registered office is at RIVES DE CLAUSEN 26-28, 2165 LUXEMBOURG.Company details
What is the legal form of NET FASHION?
The legal form of NET FASHION is Foreign entity.
When was NET FASHION founded?
NET FASHION was founded on 04-10-2000.
Is NET FASHION still active?
Yes, NET FASHION is an active enterprise in the KBO register.
What is the turnover of NET FASHION?
The annual accounts for financial year 2011 state no turnover.Financials
Is NET FASHION profitable?
In financial year 2011, NET FASHION made a loss of €19.9m.
Where can I find the annual accounts of NET FASHION?
NET FASHION filed 12 annual accounts with the National Bank of Belgium, the latest for financial year 2011.

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