TS-983

Inactive

Private limited companyfounded 2020Lombardenvest 65, 2000 Antwerpen, BelgiumKBO/BCE: BE 0754.487.972

Inactive since 20-08-2026; last annual accounts for fiscal year 2024. Dissolved without liquidation on 31-07-2026.

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Signals

Two signals. The signal on the left, the evidence on the right.

+raises risk○neutral

Weak solvency vs sector

Solvency (equity / total assets) is in the sector's weakest quartile: better than 17% of 9038 sector peers (2024).

NBB · sector comparison

Position among 9038 sector peers

Solvency

better than 17%

← weakest strongest →

Filed after the deadline

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 26-09-2025, 57 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.

NBB · 4 filings

Deviation from the deadline

2025

not confirmed

2024

57 d late

2023

233 d late

2022

18 d early

2021

37 d early

← before the deadline after the deadline →

Checked, nothing found (1)

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

Financials · fiscal year 2024, abbreviated schema

Turnover

€707k

EBIT margin

2.9%

Net result

€12k

2023 · €-111k

2021: €45k 2022: €113k 2023: €-111k

2021 → 2024

Working capital

€206k▲ 294%

2023 · €52k

2021: €50k 2022: €167k 2023: €52k

2021 → 2024

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line2021202220232024Trend

Turnover€707k

Equity€55k-€168k▲ 206%€57k▼ 65.8%€69k▲ 20.0%

Operating result€66k-€157k▲ 136%€-98k€20k

Net result€45k-€113k▲ 152%€-111k€12k

Turnover and EBIT margin not published: the abbreviated schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result returns to profit in 2024: €20k after a loss of €98k in 2023.

Balance-sheet composition

2024 in colour, 2023 as the grey bar beneath

Assets €536k

98.9%

Fixed assets €6k ▲ 3.9%

Current assets €530k ▲ 48.1%

Equity and liabilities €536k

12.9%

87.1%

Equity €69k ▲ 20.0%

Debt €467k ▲ 52.6%

Debt's share of the balance-sheet total rises from 84.2% to 87.1%. Equity and debt are higher.

Key figures and ratios

2024 value · change against 2023

EBITDA

€22k▲

2023 · €-97k

Cash flow

€13k▲

2023 · €-110k

Current ratio

1.64▲

2023 · 1.17

Debt to equity

6.77▲

2023 · 5.32

ROE

16.7%▲

2023 · -192.4%

ROA

2.1%▲

2023 · -30.4%

Interest coverage

4.65▲

2023 · -15.81

Debt ≤ 1 year

€324k▲

2023 · €306k

Income taxes

€4k▼

2023 · €6k

Staff costs

€146k▲

2023 · €133k

Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Filed annual accounts As filed with the NBB · 2024 against 2023 · 44 lines

Balance sheet Code20232024

Assets

Total assets20/58€364k€536k▲

Fixed assets21/28€6k€6k▲

Tangible fixed assets22/27€6k€6k▲

Plant, machinery and equipment23€6k€6k▲

Current assets29/58€358k€530k▲

Amounts receivable within one year40/41€175k€420k▲

Trade receivables40€126k€140k▲

Other amounts receivable41€50k€280k▲

Cash at bank and in hand54/58€132k€58k▼

Deferred charges and accrued income490/1€51k€53k▲

Equity and liabilities

Total equity and liabilities10/49€364k€536k▲

Equity10/15€57k€69k▲

Contributions10/11€10k€10k=

Reserves13€47k€59k▲

Distributable reserves133€47k€59k▲

Amounts payable17/49€306k€467k▲

Amounts payable within one year42/48€306k€324k▲

Trade debts44€264k€271k▲

Suppliers440/4€264k€271k▲

Taxes, remuneration and social security45€42k€54k▲

Taxes450/3€33k€42k▲

Remuneration and social security454/9€8k€12k▲

Accrued charges and deferred income492/3€291€143k▲

Income statement Code20232024

Turnover70-€707k

Goods, raw materials, services and sundry goods60/61-€522k

Remuneration, social security and pensions62€133k€146k▲

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€1k▲

Other operating charges640/8€602€623▲

Non-recurring operating charges66A€279k€156k▼

Gross operating margin9900€315k€324k▲

Operating profit (loss)9901€-98k€20k▲

Financial income75/76B€0-

Recurring financial income75€0-

Financial charges65/66B€6k€5k▼

Recurring financial charges65€6k€5k▼

Profit (loss) for the period before taxes9903€-104k€16k▲

Income taxes67/77€6k€4k▼

Profit (loss) for the period9904€-111k€12k▲

Profit (loss) for the period to be appropriated9905€-111k€12k▲

Appropriation of the result

Profit (loss) to be appropriated9906€-111k€12k▲

Transfer from equity791/2€111k€0▼

Transfer to equity691/2€0€12k▲

To other reserves6921€0€12k▲

Social balance

Average headcount (FTE)90873.84.6▲

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 10Financial 4Gazette 2Filings 4

2026

31-08

State Gazette act Restructuring · End & cessation

Merger · Dissolution · Accounting effect5 facts ▸

General meeting, 31-07-2026
Merger, vereenvoudigde zusterfusie, 31-07-2026
Dissolution, 31-07-2026
Accounting effect, 01-01-2026
Power of attorney, Moore Finance & Tax BV

26-06

State Gazette act Restructuring

Merger · Accounting effect · Power of attorney18 facts ▸

Merger, Viervoudige fusie door overneming, zusterfusie
Merger, Viervoudige fusie door overneming, zusterfusie
Merger, Viervoudige fusie door overneming, zusterfusie
Merger, Viervoudige fusie door overneming, zusterfusie
Accounting effect, 01-01-2026
Power of attorney, Moore Law BV
Power of attorney, Moore Law BV
Power of attorney, Moore Law BV
Power of attorney, Moore Law BV
Power of attorney, Moore Law BV
Name change, MNFLD België
Shareholding, 100%
+6 further facts in this act

2025

26-09

NBB filing Annual accounts filed

fiscal year 2024 · abbreviated schema · 57 days late

21-03

NBB filing Annual accounts filed

fiscal year 2023 · abbreviated schema · 233 days late

2024

31-12

Financial Back to profitnet €12k

Net result €12k after one loss-making year.

2023

31-12

Financial Weakest financial yearnet €-111k ▼198%

Net result drops to €-111k, the lowest in the series.

13-07

NBB filing Annual accounts filed

fiscal year 2022 · abbreviated schema

2022

31-12

Financial Highest result since 2021net €113k ▲152%

Operating result €157k, net result €113k, both a record.

31-12

Financial Equity above €150kEq €168k ▲206%

2 profitable years in a row build equity to €168k.

24-06

NBB filing Annual accounts filed

fiscal year 2021 · abbreviated schema

Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

6 acts for this company are in the Belgian State Gazette, of which we have read 2. We have therefore not extracted its directors from those acts yet.

Location & real-estate footprint

Registered office, Antwerpen

Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Lombardenvest 652000 Antwerpen

Ground area

3,226 m²

Building footprint

493 m²

Parcel 11803C1834/00E000, Flanders. Linked by address, not a title deed.

1 parcel

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
11803C1834/00E000 ProtectedMonumentBisschoppelijk PaleisSource ↗	Flanders	3,226 m²	1 · 493 m²	-

Linked by address, not proof of ownership

Methodology

via registered seat: 1

1 of 1 parcel 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 (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).

Structure & network

Acquisitions and mergers

1 transaction

Taken over by:TS-984

BE 0754.487.873simplified merger · State Gazette act of 31-08-2026 (6 acts) · effective 31-07-2026

Capital and shareholders

Shareholders according to the acts

Stated in the act act of 26-06-2026 ↗

MNFLD B.V. 100%

The Belgian State Gazette names shareholders only when an act mentions them; the share register itself is not published.

Public money · subsidies and aid

Flemish government

2022 · 1 entry · 9,877 EUR awarded · 9,877 EUR paid

Year	Entries	awarded	paid
2022	1	9,877 EUR	9,877 EUR

Schemes

Nieuw Vlaams Beschermingsmechanisme (NVB) - stopgezet

1 entry · 9,877 EUR · 9,877 EUR paid · Fonds voor Innoveren en Ondernemen

Similar companies · same sector, comparable size

EUROPEAN TEXTILES

BE 0439.002.303

Heuvelland · Eq €69,063

VR FASHION AGENCIES

BE 0895.145.395

Grimbergen · Eq €69,415

ACHRIMO

BE 0451.738.205

Kampenhout · Eq €69,610

Schaarbeek · Eq €67,942

Of 1,275 companies in sector 46160 we hold annual accounts for 685. 532 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company

Founded16-09-2020

Fiscal year end31-12

Activities, NACEBEL 2025

46160Agents in the wholesale of textiles, clothing, fur, footwear and leather goods

47721Retail sale of footwear

Sources

Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers

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