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VN BELLE ILE

Active
Private limited companyfounded 2019active for 7 yearsRue du Vivier 124, 6600 Bastogne, BelgiumKBO/BCE: BE 0727.488.716
Summary

The computed 12-month bankruptcy probability of VN BELLE ILE is 4.8% (elevated). The 2025 annual accounts show negative equity (-€346,760) and a net result of -€82,388. Equity has been shrinking by about 18% per year since 2020. Its solvency ranks better than 5% of 12,775 sector peers (NACE 47, financial year 2025). The company has been active since 2019 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

Source: KBO
Status
Active since 06-05-2019 Normal situation
Activity
Retail sale of women's outerwear NACE 47711and 3 others
Establishment unit
2.290.000.249 4020 Liège, since 06-05-2019
Financial year end
31 December
Peppol
Reachable

Board and ownership

Board
  • DistrifashionDirector · permanent representative HARDY François
Shareholders
  • Distrifashion SAannual accounts 2025

Financial position

35 Weak Checked score 2025
Bankruptcy probabilitywithin 12 months
4.8%
Annual accounts 2025
Gross margin
€295,770
▲ 1.1%
Turnover
≈ €1.1m
estimated
Loss
€82,388
▼ 2.2%
Equity
-€346,760
▼ 31.2%
Total assets
€481,639
▼ 18.8%
Employees on 31-12-2025
7
▼ 30.0%
  • Negative equity on 31-12-2025
  • 2025 accounts filed 28 days after the deadline
Score breakdownraises riskNegative equity -€346,760Loss of €82,388, the second in a row (financial year 2025)Size: 8.5 FTE, total assets €481,639lowers riskFounded in 2019Show the evidence

Checked score

Score 2025
35 / 100
Weak
Probability in this band: 4.2% to 15.0%
Financially stronger than 11% of micro companies in retail trade (NACE 47)
Financial strength · tick: 2024
Weak
Solvency 0=
equity -72.0% of total assets
Liquidity 17+7
short-term debt 170.4% · cash 13.6%
Profitability 0-1
return on assets -17.1%
Bankruptcy probability within 12 months
4.8% Elevated
0%0.5%1.5%4%10%≥ 25%

About 5 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.6% (40,272 companies, NACE 47, micro)
Last 24 months 12-2024: 3.7% 01-2025: 2.6%▼ -1.1 percentage points vs 12-2024 02-2025: 2.6%● unchanged vs 01-2025 03-2025: 2.6%● unchanged vs 02-2025 04-2025: 2.7%▲ +0.1 percentage points vs 03-2025 05-2025: 2.7%● unchanged vs 04-2025 06-2025: 2.6%▼ -0.1 percentage points vs 05-2025lowest value 07-2025: 3.0%▲ +0.4 percentage points vs 06-2025 08-2025: 4.2%▲ +1.2 percentage points vs 07-2025 09-2025: 5.1%▲ +0.9 percentage points vs 08-2025 10-2025: 5.1%● unchanged vs 09-2025 11-2025: 5.1%● unchanged vs 10-2025 12-2025: 5.1%● unchanged vs 11-2025 01-2026: 5.1%● unchanged vs 12-2025 02-2026: 5.1%● unchanged vs 01-2026 03-2026: 5.0%▼ -0.1 percentage points vs 02-2026 04-2026: 5.0%● unchanged vs 03-2026 05-2026: 4.9%▼ -0.1 percentage points vs 04-2026 06-2026: 4.7%▼ -0.2 percentage points vs 05-2026 07-2026: 5.1%▲ +0.4 percentage points vs 06-2026 08-2026: 5.9%▲ +0.8 percentage points vs 07-2026highest value 09-2026: 4.7%▼ -1.2 percentage points vs 08-2026 10-2026: 4.8%▲ +0.1 percentage points vs 09-2026 11-2026: 4.8%● unchanged vs 10-2026
No credit on open account
Liquidity is insufficient, with a current ratio of 0.49 (0.57 in 2024), below 1. Short-term debt is 170.4% and cash 13.6% of total assets. Equity is negative.
Calculation

The band follows from the bankruptcy probability. 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). It does better than 6% of them on solvency, 16% on liquidity, 6% on profitability and 15% on growth.

The bankruptcy probability was computed on 01-11-2026 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. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
lowers riskraises risk
raises risk · Negative equity -€346,760
NBB · annual accounts
raises risk · Loss of €82,388, the second in a row (financial year 2025)
NBB · annual accounts
raises risk · Size: 8.5 FTE, total assets €481,639
Companies of this size fail more often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Founded in 2019
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
202122232425
2020 to 2025 · latest year -€346,760
raises risk · 2025 accounts filed 28 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 6 filings
Deviation from the deadline
2025
28 days late
2024
14 days late
2023
1 day early
2022
27 days early
2021
10 days late
2020
16 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 6 accounts on average 1 day after the deadline. In the sector (NACE 47), the median for financial year 2024 was on the deadline day, and 47% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 10 August (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
02-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Risk: Negative equitydebts exceed assets in financial year 2025 -€346,760 View
  • Caution: Lower solvency than 95% of companies in retail tradesector median 36.6% · 12,775 companies -72.0% View
  • Caution: 2 loss-making years in a rowloss in financial year 2025 -€82,388 View
  • Caution: Equity fell in 2025from -€264,372 to -€346,760 ▼ 31.2% View

Recent changes

  1. · Gazette deed Company renamed to VN Belle lleRegistered office moved to Bastogne · Resignation: Leslie OTTO (director) · Appointment: DISTRIFASHION (director)
  2. · Gazette deed Incorporation
All 10 events

Comparable companies

These companies have the same main activity as VN BELLE ILE: retail sale of women's outerwear (NACE 47711). They are comparable in size and age: total assets between €555,000 and €1.1m, founded between 2014 and 2019.

CompanyTotal assetsGross margin
VN BELLE ILE Bastogne€0.5m€0.3m
Pure Sense Liedekerke€0.8m€0.3m
IBLO.be Hooglede€0.6m€0.3m
Saint Colette Oostkamp€0.6m€0.4m
MARISTYL Charleroi€1.0m€0.4m
Distave Oostende€0.6m€0.4m
CCB MODE Baelen€1.1m€0.4m
Full comparison

Key facts about VN BELLE ILE

What is the company number of VN BELLE ILE?
The company number of VN BELLE ILE is 0727.488.716. The VAT number is the same number with BE in front: BE 0727.488.716.
Where is VN BELLE ILE based?
The registered office is at Rue du Vivier 124, 6600 Bastogne.Company details
What does VN BELLE ILE do?
According to the KBO register, the main activity is retail sale of women's outerwear (NACE 47711).
What is the legal form of VN BELLE ILE?
The legal form of VN BELLE ILE is Private limited company (BV).
When was VN BELLE ILE founded?
VN BELLE ILE was founded on 06-05-2019.
Is VN BELLE ILE still active?
Yes, VN BELLE ILE is an active enterprise in the KBO register.
How many employees does VN BELLE ILE have?
VN BELLE ILE had an average of 8.5 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of VN BELLE ILE?
The turnover in financial year 2025 is ≈ €1.1m. This figure is estimated from the gross margin of €295,770 and 47 comparable companies (NACE 477). It probably lies between €840,000 and €1.8m.
Is VN BELLE ILE profitable?
In financial year 2025, VN BELLE ILE made a loss of €82,388.
Where can I find the annual accounts of VN BELLE ILE?
VN BELLE ILE filed 6 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of VN BELLE ILE due?
VN BELLE ILE must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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