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SWEET COTTON

Open bankruptcy
Public limited companyfounded 2011Assesteenweg 96, 1740 Ternat, Belgium24 active companies are registered at this addressKBO/BCE: BE 0834.310.658

A bankruptcy procedure is open for SWEET COTTON according to publications in the Belgian Official Gazette; trustee: Ilse Van de Mierop.

Summary

The file additionally contains 2 judicial reorganisation notices. The 2025 annual accounts show negative equity (-€225,929) and a net result of -€227,867.

SWEET COTTONOpen bankruptcy

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 Brussels
Declared bankrupt
11 August 2026
Supervising judge
Dirk De Corte
Official Gazette
25-08-2026 (pdf) ↗search the document for 2026/135369

Deadlines

Provisional date payments stopped
11 August 2026A later judgment can change the date.art. XX.105, Code of Economic Law
Appeal or third-party opposition until
passed on 9 September 2026Fifteen days after the publication in the Official Gazette.art. XX.108, Code of Economic Law
File the claim in RegSol, the Belgian insolvency register, until
passed on 10 September 2026art. XX.104 and XX.155, Code of Economic Law
First verification report
passed on 16 September 2026Reclaim goods that are still yours, such as goods delivered under retention of title, before this day.art. XX.104 and XX.194, Code of Economic Law
Late claim until
11 August 2027A late claim shares only in what has not yet been paid out, and you bear its costs.art. XX.165, Code of Economic Law

Trustee

What to do now

  1. Stop delivering on credit unless the trustee agrees.
  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, subject to conditions.
  6. Follow the file in RegSol: the verification report (admitted or disputed) and the trustee's reports appear there.

These deadlines come from the publication of the judgment. Check them in RegSol before you file anything; once a deadline has passed, it is too late for that step.

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

General information, not legal advice. If in doubt, the trustee, your lawyer or your accountant can help.Creditor guide for this company

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Overview

Activity
Wholesale of clothing, excluding workwear and underwear
NACE 46423Retail trade NACE 47519
12 sites
Size
€5.1mturnover 2025
Staff
18 FTE
Equity
-€225,929
Loss
-€227,867
Financial health
Open bankruptcy: no score
Structure
1 of 10 deeds read
Signalsraises riskOpen bankruptcyNegative equityneutralLatest accounts filed on timeShow the evidence

Signals

Three signals.
raises riskneutral
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
18192021222325
2018 to 2025 · latest year -€225,929
raises risk · Open bankruptcy
Active bankruptcy procedure in the Belgian Official Gazette. Claims are handled by the appointed trustee. The KBO register also records: open bankruptcy.
Belgian Official Gazette
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 29-01-2026, 2 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
2 days early
2023
50 days late
2022
19 days late
2021
27 days early
2020
9 days early
2019
11 days early
2018
9 days 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 2 days after the deadline; the sector median (NACE 46) for financial year 2023 is 2 days before the deadline, and 40% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. OpeningEnterprise Court of Brussels ·…
  2. Extension of the stay refusedEnterprise Court of Brussels ·…
  3. Resignation: BV GAB MANAGEMENT (director)Appointment: Alain Broekaert (director)

Key points

  • Risk: Declared bankrupttrustee: Ilse Van de Mierop 11-08-2026 View
  • One director decidessole director in office 1 View
  • Turnover 20253 financial years filed €5.1m View

By topic

Financials

Financial year
2025
Turnover
€5.1m
Loss
-€227,867
Solvency
-18.9%
Turnover▲ 4,203%
Net result
20182025
Go to Financials

Timeline

Events
19
Since
2012
  1. 23-03-2026Opening
  2. 29-01-2026Annual accounts filed
  3. 30-06-2025Weakest financial year
Go to Timeline

Company details

Sites
12
Legal form
Public limited company
Activity
Wholesale of clothing, excluding workwear and underwearNACE 46423
Founded
07-03-2011
Year ends
30-06
Peppol
Still in the Peppol directory
Go to Company details

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