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VELVET

In bankruptcy Private limited companyfounded 2021KBO/BCE: BE 0771.925.604

Information for creditors

Enterprise Court of Liège, Liège division · Official Gazette of 21-06-2024
Appeal or third-party opposition 06-07-2024Filing the claim in RegSol 17-07-2024First verification report 01-08-2024Late claim 17-06-2025

Trustee: Jean Baivier. The judgment is more than a year old. A claim can no longer be filed, not even late. The trustee knows whether anything will still be paid out.

Lifetime

2 annual accounts with figures on one time axis
peak €74,726 (2022)
€74,726▲ €86,080
lowest -€13,829 (2021)
€40,835▲ €54,664
peak €33,006 (2022)
€33,006▲ €40,835
€241,590▲ 267%
Board3 names since 2021
2 directors and 1 other
Documentsfilings and deeds
22-08-202322 days late
2022micro format
Gross margin from -€11,354 to €74,726Back to profit: €40,8351 director appointed, 1 resignation 08-07Registered office moved within Liège 08-07Equity from -€7,829 to €33,006Debts from €65,859 to €241,590

Key points

from the 2022 annual accounts, the last ones filed

Result

€40,835 €40,835
-€13,8002021€40,8002022

Back in profit in 2022, after a loss of €13,829 in 2021.

Debts

€241,590 88% of the balance sheet
Suppliers 73%Taxes and wages 26%

Of this, €239,827 falls due within a year.

Investments

€3,980 5.7 × depreciation

Green is investment, beige is depreciation.

Staff

2 employees on 31-12-2022
202021332022

In 2022, 3 people joined and 3 left.

Final months

146 days from reorganisation to bankruptcy
  • 23-01-2024 reorganisation opened
  • 17-06-2024 declared bankrupt
  • 21-06-2024 published in the Official Gazette

No annual accounts were filed for 2023.

Lifetime

34 months from 02-08-2021 to 17-06-2024

Board and ownership

Director
Director
  • 100 sharesdeed of 04-08-2021
  • 100 sharesdeed of 04-08-2021
Board & ownership

Recent changes

Address struck effective 18-06-2024 · KBO administration
Bankruptcy published Enterprise Court of Liège, Liège division · judgment of 17-06-2024 · Bankruptcy
Judicial reorganisation opened Enterprise Court of Liège · amicable agreement · judgment of 23-01-2024 · Judicial reorganisation
1 director appointed, 1 resignation Resignation: · Permanent representative: · Appointment: · Gazette deed
All 10 events

Official details

Source: KBO
Status
In bankruptcydeclared bankrupt on 17-06-2024
Legal form
Private limited company
Activity
Retail sale of women's outerwearNACE 47711and 3 others
Establishment unit
2.320.440.136since 02-08-2021
Financial year end
31 December
Peppol
Not found in the Peppol Directory
Company details

Annual accounts 2022

≈ €360,000estimated
€274,596▲ 373%
Employeeson 31-12-2022
2=
Filing
Filed on 22-08-2023
Financials

Insights on VELVET

On 23 January 2024 the court opened a judicial reorganisation. 146 days later came the bankruptcy. The company was then 34 months old.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about VELVET

What is the company number of VELVET?
The company number of VELVET is 0771.925.604. The VAT number is the same number with BE in front: BE 0771.925.604.
What does VELVET do?
According to the KBO register, the main activity is retail sale of women's outerwear (NACE 47711).
What is the legal form of VELVET?
VELVET is a private limited company (BV).
When was VELVET founded?
VELVET was founded on 02-08-2021.
Is VELVET still active?
A bankruptcy is running. A bankruptcy trustee manages the company.Company details
How many employees did VELVET have?
VELVET had an average of 0.9 full-time equivalents in financial year 2022, according to the filed annual accounts.Financials
What is the turnover of VELVET?
The turnover in financial year 2022 is ≈ €360,000. This figure is estimated from the gross margin of €74,726 and 45 comparable companies (NACE 477). It probably lies between €190,000 and €490,000.
Is VELVET profitable?
In financial year 2022, VELVET made a profit of €40,835.
Where can I find the annual accounts of VELVET?
VELVET filed 2 annual accounts with the National Bank of Belgium, the latest for financial year 2022.

Next steps

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