Objet AB
ActiveFrom the official registers: KBO 3 annual accounts at the National Bank publications in the Belgian Official Gazette
Summary
The computed 12-month bankruptcy probability of Objet AB is 1.7% (moderate). The 2025 annual accounts show negative equity (-€169,732) and a net result of -€52,828. Equity is shrinking by about 54% per year across the filed financial years. Its solvency ranks better than 12% of 22,679 sector peers (NACE 47, financial year 2025). The company has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Official details
KBO- Status
- Active since 09-01-2023 Normal situation
- Legal form
- Private limited company
- Registered office
- Waterloose Steenweg 123, 1640 Sint-Genesius-Rode
- Activity
- Retail sale of women's outerwear NACE 47711and 1 other
- Establishment unit
- 2.340.597.330 1640 Sint-Genesius-Rode, since 18-01-2023
- Financial year end
- 31 December
- Peppol
- Reachable
Who decides
- BOUCQUILLON Yves Roger GhislainDirector · since 09-01-2023
- SEGERS AnnDirector · since 09-01-2023
How it is doing
- Bankruptcy probabilitywithin 12 months
- 1.7%
- Gross margin
- -€11,456
- ▲ 35.9%
- Loss
- €52,828
- ▼ 28.4%
- Equity
- -€169,732
- ▼ 45.2%
- Total assets
- €308,582
- ▼ 5.1%
- Staff
- 1 FTE
- =
Why 52raises riskNegative equity -€169,732Sector: Retail trade (NACE 47)Loss of €52,828, the second in a row (financial year 2025)lowers riskSize: total assets €308,582Show the evidence
Checked score
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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 47, micro): better than 6% on solvency, 5% on liquidity, 6% on profitability and 12% on growth.
The bankruptcy probability was computed on 31-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
This company filed its last 3 accounts on average 50 days before the deadline; the sector median (NACE 47) for financial year 2024 is on the deadline day, and 47% of those companies filed late.
Searched, nothing found (2)
Financials · financial year 2025, micro format
Annual accounts 2025
- Financial year ended
- 31-12-2025
- Filed on
- 05-06-2026
- Format
- micro format
- Reference
- 2026-00139559
2023 to 2025, 3 financial years
The operating result stays negative: a loss of €41,877 in 2025 against €60,254 in 2024; the loss shrinks.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Average staff in full-time equivalents (FTE).
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 47, Retail trade: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Peer companies
Historical observationOf the 7,639 companies that looked in July 2024 the way this one looks now, 8.8% went bankrupt within 24 months and 84.9% are still going.
- Micro
- 2 to 5 years old
- negative equity
- a loss of 10% of the balance sheet or more
A further 0.7% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 1.7% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 7,639 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Remuneration, social security and pensions62 | €15,110 | €28,949 | €16,938 | ▼ 41.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €6,185 | €13,048 | €13,072 | ▲ 0.2% |
| Other operating charges640/8 | €443 | €396 | €411 | ▲ 3.8% |
| Gross operating margin9900 | -€57,931 | -€17,862 | -€11,456 | ▲ 35.9% |
| Operating profit (loss)9901 | -€79,669 | -€60,254 | -€41,877 | ▲ 30.5% |
| Financial income75/76B | €1,452 | €0 | €0 | ▲ 43× |
| Recurring financial income75 | €1,452 | €0 | €0 | ▲ 43× |
| Financial charges65/66B | €4,871 | €13,561 | €10,952 | ▼ 19.2% |
| Recurring financial charges65 | €4,871 | €13,561 | €10,952 | ▼ 19.2% |
| Profit (loss) for the period before taxes9903 | -€83,088 | -€73,815 | -€52,828 | ▲ 28.4% |
| Profit (loss) for the period9904 | -€83,088 | -€73,815 | -€52,828 | ▲ 28.4% |
| Profit (loss) for the period to be appropriated9905 | -€83,088 | -€73,815 | -€52,828 | ▲ 28.4% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €266,236 | €325,151 | €308,582 | ▼ 5.1% |
| Fixed assets21/28 | €115,137 | €102,089 | €90,401 | ▼ 11.4% |
| Tangible fixed assets22/27 | €115,137 | €102,089 | €90,401 | ▼ 11.4% |
| Plant, machinery and equipment23 | €5,817 | €4,521 | €3,225 | ▼ 28.7% |
| Furniture and vehicles24 | €987 | €604 | €1,582 | ▲ 162% |
| Other tangible fixed assets26 | €108,333 | €96,963 | €85,594 | ▼ 11.7% |
| Current assets29/58 | €151,099 | €223,062 | €218,181 | ▼ 2.2% |
| Stocks and contracts in progress3 | €124,692 | €209,702 | €210,444 | ▲ 0.4% |
| Stocks30/36 | €124,692 | €209,702 | €210,444 | ▲ 0.4% |
| Amounts receivable within one year40/41 | €1,150 | €6,750 | - | - |
| Trade receivables40 | €1,150 | €6,750 | - | - |
| Cash at bank and in hand54/58 | €24,392 | €6,113 | €7,555 | ▲ 23.6% |
| Deferred charges and accrued income490/1 | €865 | €498 | €182 | ▼ 63.4% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €266,236 | €325,151 | €308,582 | ▼ 5.1% |
| Equity10/15 | -€43,088 | -€116,903 | -€169,732 | ▼ 45.2% |
| Contributions10/11 | €40,000 | €40,000 | €40,000 | = |
| Profit (loss) carried forward14 | -€83,088 | -€156,903 | -€209,732 | ▼ 33.7% |
| Amounts payable17/49 | €309,324 | €442,054 | €478,314 | ▲ 8.2% |
| Amounts payable after more than one year17 | €81,235 | €59,864 | €37,511 | ▼ 37.3% |
| Financial debts170/4 | €81,235 | €59,864 | €37,511 | ▼ 37.3% |
| Amounts payable within one year42/48 | €227,819 | €380,402 | €438,922 | ▲ 15.4% |
| Current portion of amounts payable after more than one year42 | €18,765 | €23,109 | €24,171 | ▲ 4.6% |
| Financial debts43 | €125,000 | €125,000 | €125,000 | = |
| Credit institutions430/8 | €125,000 | €125,000 | €125,000 | = |
| Trade debts44 | €24,465 | €89,057 | €71,915 | ▼ 19.2% |
| Suppliers440/4 | €24,465 | €89,057 | €71,915 | ▼ 19.2% |
| Taxes, remuneration and social security45 | €8,512 | €19,580 | €18,095 | ▼ 7.6% |
| Taxes450/3 | €5,887 | €13,288 | €12,284 | ▼ 7.6% |
| Remuneration and social security454/9 | €2,625 | €6,292 | €5,811 | ▼ 7.6% |
| Other amounts payable47/48 | €51,077 | €123,656 | €199,741 | ▲ 61.5% |
| Accrued charges and deferred income492/3 | €270 | €1,788 | €1,881 | ▲ 5.2% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | -€83,088 | -€73,815 | -€52,828 | ▲ 28.4% |
| + Depreciation and write-downs630 | €6,185 | €13,048 | €13,072 | ▲ 0.2% |
| Operating cash flow (approximation) | -€76,903 | -€60,767 | -€39,756 | ▲ 34.6% |
| Investment in fixed assets (approximation) | - | €0 | -€1,384 | - |
| Change in cash | - | -€18,280 | €1,442 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Similar companies · same sector and region
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Mandate history
- Board
| Name | Functions and periods |
|---|---|
| BOUCQUILLON Yves Roger Ghislain |
|
| SEGERS Ann |
|
How the board is organised
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- Each director alonedeed of 30-01-2023
- Board ruleHow the board is made up, meets and takes decisions.
- “Un ou plusieurs administrateurs, constituant un collège ou non”deed of 30-01-2023 (in French)
Oversight and winding up
- Statutory auditorA statutory auditor is a registered auditor who checks the accounts; small companies need not have one.
- No statutory auditor
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Respect des conditions prévues à l'article 2:80 du Code des sociétés et des associations”
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Un ou plusieurs liquidateurs nommés par l'assemblée générale, administrateur(s) en exercice”
deed of 30-01-2023 (in French)
Owners and capital
Capital and shareholders
- SEGERS Ann 51 shares (51%) · €20,400 in cash
- BOUCQUILLON Yves Roger Ghislain 49 shares (49%) · €19,600 in cash
- 30-01-2023 Incorporation · €40,000 · 100 shares
Shares according to the articles of association
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “Op naam”deed of 30-01-2023 (in Dutch)
- Other provisionsRules from the articles on subjects other than the board, the shares, the purpose and the meetings.
- Other provision: “Dans les limites fixées par la loi, affectation du bénéfice et distributions”Liquidation distribution: “Liquidateur(s), solde éventuel réparti entre les actionnaires dans la proportion des actions possédées”Other provision: “Assemblée générale extraordinaire, requête d'actionnaires représentant un dixième du nombre d'actions en circulation”Other provision: “Gestion journalière, une ou plusieurs personnes”2 more provisions in the deed, see the deed of 30-01-2023deed of 30-01-2023 (in French)
Group and network
Connections & network
2 current directorsThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
Objet AB was incorporated on 9 January 2023 as a private limited company by two natural persons, with a starting capital of €40,000.12 The registered office was moved to Rhode-Saint-Genèse in 2023.3 The board currently has 2 members; 2 of them have served since 2023.4 Total assets rose from €266,236 in 2023 to €308,582 in 2025 and headcount from 0.4 to 1 full-time equivalents.5
Acts, filings and financial milestones
04-09
Gazette deed
Registered officeRegistered-office move2 facts ▸
- General meeting, 11-07-2023
- Registered-office move, Chaussée de Waterloo 123,1640 Rhode-Saint-Genèse
30-01
Gazette deed
IncorporationAppointments: BOUCQUILLON Yves Roger Ghislain (director) and SEGERS Ann (director) · Founder · Founding capital7 facts ▸
- Incorporation, 09-01-2023
- Founder, BOUCQUILLON Yves Roger Ghislain
- Founder, SEGERS Ann
- Founding capital, €40,000
- Other provision, “publication number”, 23014770 (deed in Dutch)
- Director appointment, BOUCQUILLON Yves Roger Ghislain (director)
- Director appointment, SEGERS Ann (director)
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
Register details
Who it is
KBO recordWhere it is based
What it does
NACEBEL 2025Invoicing and payment
Financial year and general meeting
Accounts at the NBBScores and ratios are computed by Checked and are not a credit decision.
Purpose, financial year and meetings according to the articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “Le commerce sous toutes ses formes et notamment l'importation, l'exportation, l'achat et la vente en gros ou au détail, la représentation et…”
2 activities
- Le commerce sous toutes ses formes et notamment l'importation, l'exportation, l'achat et la vente en gros ou au détail, la représentation et le courtage, ainsi que la fabrication, la transformation et le transport de toutes marchandises et de tous produits, et notamment de tout ce qui se rapporte à la décoration, la parfumerie, aux cosmétiques, produits de beauté et savonnerie de toilette, à la mode en général et notamment à la mode féminine, à le mode masculine, aux tissus, vêtements, maroquinerie, lingerie, habillement, chapellerie, bonneterie, fourrures, mercerie, ganterie, chaussures et autres accessoires et articles de mode, bijouterie en métaux précieux, en plaqué ou fantaisie, joaillerie en métaux précieux, en plaqué ou de fantaisie, avec des pierres précieuses et semi-précieuses, horlogerie, montre en métal, en métaux précieux ou en plaqué, montres de joaillerie, et tous articles de création d'art et de fantaisie, sous toutes formes, en ce compris la création, l'acquisition, la location et l'exploitation de tous ateliers, tous magasins, concept store, fonds de commerce ou établissements nécessaires à l'exploitation de l'entreprise sociale, soit par bail, soit en gérance libre.
- Agir comme centrale d'achat et de gestion de ses filiales internationales de distribution et prendre, obtenir, agréer, acquérir, gérer et céder toutes marques de fabrique, brevets d'invention et licences généralement quelconques.
- Name clauseThe name the company operates under according to its articles.
- Objet AB
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Région wallonne, 1410 Waterloo, Avenue des Chasseurs, 19”
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- First Tuesday of June at 10:00
Articles of association, deed of 30-01-2023 (in French)
Environmental permits: No permit applications found in Flanders.
Sites & property
1 establishment unit
Buildings and parcels at the address
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 22552G0001/00H004 | Flanders | 272 m² | 1 · 118 m² | 13.4 m · 4 |