Skip to content

PROFILE

Open bankruptcy
Private limited companyfounded 1987's Gravendreef 24, 9810 Nazareth-De Pinte, BelgiumKBO/BCE: BE 0431.786.194
Summary

A bankruptcy procedure is open for PROFILE according to publications in the Belgian State Gazette. The 2023 annual accounts show negative equity (-€125,216) and a net result of -€259,390.

Are you a creditor?

Open bankruptcy Source: Belgian Official Gazette

If this company owes you money, you are not paid automatically: you file your claim yourself, within the deadline the judgment sets.

The procedure

Court
Enterprise Court of Ghent, Ghent division
Declared bankrupt
2 July 2024
Supervising judge
Isabelle Van Vooren
Official Gazette
10-07-2024 (pdf) ↗search the document for 2024/128926

Curators

What to do now

  1. Do not deliver on credit any more without an agreement with the curator.
  2. Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
  3. File your proof of claim in RegSol (regsol.be), yourself with eID or itsme, or through your lawyer. State principal, interest and costs separately, and any preferential right you hold.
  4. Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
  5. Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
  6. Follow the file in RegSol: the verification report (admitted or disputed) and the curator's reports appear there.

Deadlines: the judgment sets the last day to file your claim, by law at most thirty days after the judgment, and the day of the first verification report. Both dates are in the publication in the Official Gazette and in RegSol; Checked does not read them yet. A late claim is sometimes still possible, but not without consequences.

File a claim in RegSol ↗ Watch Follow this bankruptcy: you are alerted when it is closed or reversed.

General information, not legal advice. If in doubt, the curator, your lawyer or your accountant can help. Full guide for creditors

Embed in an article

Writing about this bankruptcy? Put the card of PROFILE in your article: name, enterprise number, its status in the KBO and the latest annual accounts, with a link to this dossier.

Preview
The preview appears here.
  • Stays current: the status follows the register, the figures are those of the latest filed accounts. No Checked score or verdict.
  • Light on your page: one small script and one data request, also answered from a cache; no cookies, no tracking.
  • Where scripts do not run (a newsletter, a feed reader) a plain link remains.

Signals

Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Register: open bankruptcy
The KBO register records the legal situation: open bankruptcy. This is today's state according to the register itself; the register carries no start date.
KBO · legal situation
raises risk · Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Belgian State Gazette
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2023 was due by 30-04-2024 and was filed on 14-03-2024, 47 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2023
47 d early
2022
45 d early
2021
10 d early
2020
on the day
2019
34 d late
2018
30 d late
2017
19 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 8 days before the deadline; the sector median for financial year 2023 is on the deadline day, and 48% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

PROFILE was incorporated on 18 August 1987.1 Total assets went from EUR 1.4 million in 2018 to EUR 1.5 million in 2023 and headcount from 13.3 to 16.3 full-time equivalents.2 On 2 July 2024 the company was declared bankrupt.3

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2023
  3. 3Belgian State Gazette, 10-07-2024

Go further with this company

Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2023, abbreviated schema

Equity
-€125,216
2022 · €134,174
Total assets
€1.5m▲ 86.4%
2022 · €807,190
Net result
-€259,390▼ 105%
2022 · -€126,246
Working capital
-€289,952▼ 3,043%
2022 · -€9,226
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20192020202120222023
Operating result-€16,561-€613,431▼ 3,604%-€299,329▲ 51.2%-€112,691▲ 62.4%-€245,324▼ 118%
Net result-€3,957-€615,032▼ 15,443%-€311,641▲ 49.3%-€126,246▲ 59.5%-€259,390▼ 105%
Equity€1.2m▼ 0.3%€572,062▼ 51.8%€260,420▼ 54.5%€134,174▼ 48.5%-€125,216
Total assets€2.3m▲ 66.8%€2.8m▲ 20.2%€779,276▼ 72.1%€807,190▲ 3.6%€1.5m▲ 86.4%
Debt€1.1m▲ 462%€2.2m▲ 95.5%€518,855▼ 76.7%€673,016▲ 29.7%€1.6m▲ 142%
Working capital€877,500▼ 10.3%€342,115▼ 61.0%€77,603▼ 77.3%-€9,226-€289,952▼ 3,043%
Staff (FTE)14.1▲ 6.0%15.8▲ 12.1%13.8▼ 12.7%14.5▲ 5.1%16.3▲ 12.4%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Why a figure moved sharply
  • 2023 Net result -105% on 2022. This fiscal year ran 13 months, the previous one 12.
  • 2023 Total assets +86% on 2022. Cause not known from the registers.
  • 2022 Net result +59% on 2021. Cause not known from the registers.
  • 2021 Equity -54%, Total assets -72% on 2020. Cause not known from the registers.
  • 2020 Net result -15,443% on 2019. The previous fiscal year ran 8 months, this one 12.
  • 2020 Equity -52% on 2019. Cause not known from the registers.
  • 2019 Total assets +67% on 2018. Cause not known from the registers.
Result per fiscal year
Operating resultNet result
-€800,000-€600,000-€400,000-€200,000€0Operating result 2019: -€16,561-€16,561Net result 2019: -€3,957-€3,957Operating result 2020: -€613,431-€613,431Net result 2020: -€615,032-€615,032Operating result 2021: -€299,329-€299,329Net result 2021: -€311,641-€311,641Operating result 2022: -€112,691-€112,691Net result 2022: -€126,246-€126,246Operating result 2023: -€245,324-€245,324Net result 2023: -€259,390-€259,39020192020202120222023-€400,000-€300,000-€200,000-€100,000€0Operating result 2021: -€299,329-€299,000Net result 2021: -€311,641-€312,000Operating result 2022: -€112,691-€113,000Net result 2022: -€126,246-€126,000Operating result 2023: -€245,324-€245,000Net result 2023: -€259,390-€259,000202120222023
The operating result stays negative: a loss of €245,324 in 2023 against €112,691 in 2022; the loss grows.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €1.5m
Fixed assets €182,399 ▼ 4.9%
Current assets €1.3m ▲ 115%
Key figures and ratios
2023 value · change against 2022
EBITDA
-€146,611▼
2022 · -€22,170
Cash flow
-€160,678▼
2022 · -€35,725
Solvency
-8.3%▼
2022 · 16.6%
Current ratio
0.82▼
2022 · 0.99
Debt to equity
-13.01▼
2022 · 5.02
ROA
-17.2%▼
2022 · -15.6%
Interest coverage
-4.45▼
2022 · -1.25
Debt ≤ 1 year
€1.6m▲
2022 · €624,528
Debt > 1 year
€0▼
2022 · €34,024
Income taxes
€1,056▲
2022 · €0
Staff costs
€970,840▲
2022 · €778,416
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2023 against 2022 · 58 lines
Balance sheet Code20222023
Assets
Total assets20/58€807,190€1.5m▲
Fixed assets21/28€191,888€182,399▼
Intangible fixed assets21€2,048€0▼
Tangible fixed assets22/27€189,223€181,782▼
Plant, machinery and equipment23€28,515€13,139▼
Furniture and vehicles24€171€0▼
Other tangible fixed assets26€160,537€168,643▲
Financial fixed assets28€617€617=
Current assets29/58€615,302€1.3m▲
Amounts receivable within one year40/41€467,850€1.0m▲
Trade receivables40€43,997€247,797▲
Other amounts receivable41€423,853€795,459▲
Cash at bank and in hand54/58€137,427€268,272▲
Deferred charges and accrued income490/1€10,026€10,501▲
Equity and liabilities
Total equity and liabilities10/49€807,190€1.5m▲
Equity10/15€134,174-€125,216▼
Contributions10/11€18,600€18,600=
Reserves13€115,574€57,710▼
Non-distributable reserves130/1€1,860€1,860=
Reserves not available under the articles1311€1,860€1,860=
Tax-exempt reserves132€14,441€14,441=
Distributable reserves133€99,274€41,409▼
Profit (loss) carried forward14€0-€201,525▼
Amounts payable17/49€673,016€1.6m▲
Amounts payable after more than one year17€34,024€0▼
Financial debts170/4€34,024€0▼
Amounts payable within one year42/48€624,528€1.6m▲
Current portion of amounts payable after more than one year42€50,513€29,786▼
Financial debts43€230,000€500,000▲
Credit institutions430/8€230,000€500,000▲
Trade debts44€158,514€832,127▲
Suppliers440/4€158,514€832,127▲
Advances received on contracts in progress46-€19,270
Taxes, remuneration and social security45€140,501€185,797▲
Taxes450/3€36,672€53,302▲
Remuneration and social security454/9€103,829€132,495▲
Other amounts payable47/48€45,000€45,000=
Accrued charges and deferred income492/3€14,464€17,664▲
Income statement Code20222023
Remuneration, social security and pensions62€778,416€970,840▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€90,521€98,712▲
Other operating charges640/8€11,043€13,566▲
Non-recurring operating charges66A€0€7,674▲
Gross operating margin9900€767,289€845,468▲
Operating profit (loss)9901-€112,691-€245,324▼
Financial income75/76B€4,190€19,937▲
Recurring financial income75€4,190€19,937▲
Financial charges65/66B€17,745€32,947▲
Recurring financial charges65€17,745€32,947▲
Profit (loss) for the period before taxes9903-€126,246-€258,334▼
Income taxes67/77€0€1,056▲
Profit (loss) for the period9904-€126,246-€259,390▼
Profit (loss) for the period to be appropriated9905-€126,246-€259,390▼
Appropriation of the result
Profit (loss) to be appropriated9906-€262,665-€259,390▲
Profit (loss) brought forward from the previous period14P-€136,419€0▲
Transfer from equity791/2€262,665€67,729▼
Transfer to equity691/2-€9,864
To other reserves6921-€9,864
Social balance
Average headcount (FTE)908714.516.3▲

The notes to these accounts (20 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20192020202120222023Change
Remuneration, social security and pensions62---€778,416€970,840▲ 24.7%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€54,720€120,157€96,771€90,521€98,712▲ 9.0%
Other operating charges640/8---€11,043€13,566▲ 22.8%
Non-recurring operating charges66A---€0€7,674-
Gross operating margin9900€465,042€155,627€503,150€767,289€845,468▲ 10.2%
Operating profit (loss)9901-€16,561-€613,431-€299,329-€112,691-€245,324▼ 118%
Financial income75/76B---€4,190€19,937▲ 376%
Recurring financial income75€22,759€6,778€759€4,190€19,937▲ 376%
Financial charges65/66B---€17,745€32,947▲ 85.7%
Recurring financial charges65€3,443€8,379€12,676€17,745€32,947▲ 85.7%
Profit (loss) for the period before taxes9903€2,755-€615,032-€311,246-€126,246-€258,334▼ 105%
Income taxes67/77€6,712-€396€0€1,056-
Profit (loss) for the period9904-€3,957-€615,032-€311,641-€126,246-€259,390▼ 105%
Profit (loss) for the period to be appropriated9905-€3,957-€615,032-€311,641-€126,246-€259,390▼ 105%
Line20192020202120222023Change
Assets
Total assets20/58€2.3m€2.8m€779,276€807,190€1.5m▲ 86.4%
Fixed assets21/28€460,276€377,375€282,409€191,888€182,399▼ 4.9%
Intangible fixed assets21€26,158€17,024€7,889€2,048€0▼ 100%
Tangible fixed assets22/27€434,040€360,274€273,903€189,223€181,782▼ 3.9%
Plant, machinery and equipment23---€28,515€13,139▼ 53.9%
Furniture and vehicles24---€171€0▼ 100%
Other tangible fixed assets26---€160,537€168,643▲ 5.0%
Financial fixed assets28€77€77€617€617€617=
Current assets29/58€1.9m€2.4m€496,867€615,302€1.3m▲ 115%
Stocks and contracts in progress3€1.4m€18,936€0---
Amounts receivable within one year40/41€332,790€2.2m€333,115€467,850€1.0m▲ 123%
Trade receivables40---€43,997€247,797▲ 463%
Other amounts receivable41---€423,853€795,459▲ 87.7%
Cash at bank and in hand54/58€95,718€172,453€146,925€137,427€268,272▲ 95.2%
Deferred charges and accrued income490/1---€10,026€10,501▲ 4.7%
Equity and liabilities
Total equity and liabilities10/49€2.3m€2.8m€779,276€807,190€1.5m▲ 86.4%
Equity10/15€1.2m€572,062€260,420€134,174-€125,216▼ 193%
Contributions10/11€18,600--€18,600€18,600=
Reserves13€378,239€378,239€378,239€115,574€57,710▼ 50.1%
Non-distributable reserves130/1---€1,860€1,860=
Reserves not available under the articles1311---€1,860€1,860=
Tax-exempt reserves132---€14,441€14,441=
Distributable reserves133---€99,274€41,409▼ 58.3%
Profit (loss) carried forward14€790,254€175,223-€136,419€0-€201,525-
Amounts payable17/49€1.1m€2.2m€518,855€673,016€1.6m▲ 142%
Amounts payable after more than one year17€150,683€137,480€84,537€34,024€0▼ 100%
Financial debts170/4---€34,024€0▼ 100%
Amounts payable within one year42/48€986,310€2.1m€419,264€624,528€1.6m▲ 158%
Current portion of amounts payable after more than one year42---€50,513€29,786▼ 41.0%
Financial debts43---€230,000€500,000▲ 117%
Credit institutions430/8---€230,000€500,000▲ 117%
Trade debts44€864,857€1.9m€178,385€158,514€832,127▲ 425%
Suppliers440/4---€158,514€832,127▲ 425%
Advances received on contracts in progress46----€19,270-
Taxes, remuneration and social security45---€140,501€185,797▲ 32.2%
Taxes450/3---€36,672€53,302▲ 45.3%
Remuneration and social security454/9---€103,829€132,495▲ 27.6%
Other amounts payable47/48---€45,000€45,000=
Accrued charges and deferred income492/3---€14,464€17,664▲ 22.1%
Line20192020202120222023Change
Profit (loss) for the period9904-€3,957-€615,032-€311,641-€126,246-€259,390▼ 105%
+ Depreciation and write-downs630€54,720€120,157€96,771€90,521€98,712▲ 9.0%
Operating cash flow (approximation)€50,763-€494,874-€214,871-€35,725-€160,678▼ 350%
Investment in fixed assets (approximation)--€37,257-€1,805€0-€89,224-
Change in cash-€76,735-€25,528-€9,499€130,846▲ 1,478%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Timeline · acts, filings and financial milestones

2024
10-07
Bankruptcy Opening
Ondernemingsrechtbank Gent, afdeling Gent · event 02-07-2024
14-03
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
14-02
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
21-03
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-03
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-08
Financial Weakest financial yearnet -€615,032
Net result drops to -€615,032, the lowest in the series.
04-05
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema · 34 days late
2019
30-08
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema · 30 days late
2018
12-07
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
26-06
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
21-06
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema
2015
24-06
NBB filing Annual accounts filed
fiscal year 2014 · abbreviated schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 12 acts read
About the unread acts

We know of 12 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
12 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Nazareth-De Pinte · 8 establishment units since 1987
seat establishment approximate All 8 establishment units on the map
Ground area
4,053 m²
Building footprint
1,290 m²
Volume, LiDAR
17,451 m³
8 parcels, Flanders · tallest building 25.3 m, ±7 floors. Linked by address, not a title deed.
11 companies at this address See who is registered here
8 establishment units
PROFILE
's Gravendreef 24, 9810 Nazareth-De PinteNACE 7440101
since 19872.029.838.232
Gigue
Kalandestraat 15, 9000 GentNACE 52421
since 19972.190.162.604
Gigue
Korte Steenstraat(Kor) 25, 8500 KortrijkRetail sale of clothing and accessories for women, men, children and babies (general range)
since 20112.207.346.549
Gigue
Kustlaan 43, 8300 Knokke-HeistRetail sale of clothing and accessories for women, men, children and babies (general range)
since 20122.207.220.647
Gigue
Schuttershofstraat 41, 2000 AntwerpenRetail sale of clothing and accessories for women, men, children and babies (general range)
since 20132.216.033.096
Gigue
Kapelstraat 6, 3500 HasseltRetail sale of women's outerwear
since 20142.233.302.462
Show 2 more locations
GIGUE
Bondgenotenlaan 44, 3000 LeuvenRetail sale of women's outerwear
since 20172.270.449.306
GIGUE NIEUWPOORT
Albert I laan 236a, 8620 NieuwpoortRetail sale of women's outerwear
since 20192.290.820.888
8 parcels
Flanders 8 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
44018B0343/00P000 Flanders 3,009 m² 1 · 154 m² 9.3 m · 3 fl.
31334B0104/00_000 Flanders 261 m² 1 · 260 m² 23.9 m · 7 fl.
38402D0315/00F000 Flanders 174 m² 1 · 257 m² 25.3 m · 6 fl.
44803C1130/00H000 Flanders 174 m² 1 · 179 m² 24.1 m · 4 fl.
11803C1158/00B000 Flanders 156 m² 1 · 156 m² 18.6 m · 5 fl.
24502B0606/00K002
ProtectedTownscape or village viewBondgenotenlaanSource ↗
Flanders 140 m² 1 · 140 m² 17.0 m · 4 fl.
34353H0354/00A000 Flanders 82 m² 1 · 82 m² 11.7 m · 3 fl.
71022H1041/00D000indicative Flanders 59 m² 1 · 62 m² 16.4 m · 4 fl.
Linked by address, not proof of ownership
Good to know
7 of 8 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage: expect extra rules on renovation or sale.

Insolvency mandates

2 mandates
Role Name Tenure
Curator MIEKE VAN CUYCK
HOFKOUTERSTRAAT 5 A, 9890 GAVERE
02-07-2024 → present
Curator CATHARINA JANSSENS
FORT- LAAN 77, 9000 GENT
02-07-2024 → present

Structure & network

Owners and holdings

1 owner

Chain of control

  1. Duror Fashion Group 85%
  2. A.D. Dialogue 100%
  3. PROFILE

Highest known parent: Duror Fashion Group. The sources do not say who stands above it.

Owners 1

Holdings 0

No holding stated in the accounts, acts or LEI register we read.

According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Public money · subsidies and aid

Flemish government

2022 to 2023 · 2 entries · 3,240 EUR awarded · 3,240 EUR paid
Year Entries awardedpaid
2023 1 0 EUR3,240 EUR
2022 1 3,240 EUR0 EUR
Schemes
2 entries · 3,240 EUR · 3,240 EUR paid · Departement Werk en Sociale Economie

Similar companies · same sector, comparable size

Of 12,956 companies in sector 47120 we hold annual accounts for 2,192. 1,473 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded18-08-1987
Fiscal year end30-09
Activities, NACEBEL 2025
47120Other non-specialised retail sale
47711Retail sale of women's outerwear
Contact
Phone +32 9 385 53 11
E-invoicing
Reachable via Peppol
Peppol ID 0208:0431786194
Registered 27-08-2026

The company is no longer active; its Peppol card can remain until its access point withdraws it.

Register as of 27 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.