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WASHCOT

Inactive KBO/BCE: BE 0506.999.501
WASHCOT
Follow Report

Overview

Lifetime

6 annual accounts with figures on one time axis
peak -€1,132 (2017)
-€93,824▼ €50,365
lowest -€170,272 (2020)
-€170,272▼ €85,048
peak €75,282 (2018)
-€132,272▼ €183,759
€650,883▲ 39.4%
Board5 names since 2018
3 directorsDavid Vandenbogaerde and 2 others
Owners
25.05%CKS Fashion
Documentsfilings and deeds
29-10-202190 days late
2020micro format
Gross margin from -€43,460 to -€93,824Loss of €170,272Registered office moved from Harelbeke to Roeselare 25-02Equity from €51,487 to -€132,272Debts from €466,837 to €650,883Investments €175,441

Key points

from the 2020 annual accounts, the last ones filed

Equity

-€132,272 from €75,282 in 2018

Equity fell below zero in 2020.

Debts

€650,883 126% of the balance sheet
After one year 48%Within one year 52%

Of this, €336,311 falls due within a year.

Filings

6 annual accounts 4 late
AprilJune31 JulyOctober201620182020

The 2020 accounts came latest: 90 days after the end of the period.

No scoreTurnover not published (micro format)

Recent changes

Bankruptcy closure (by liquidation) Enterprise Court of Ghent, Kortrijk division · judgment of 24-06-2025 · Bankruptcy
Bankruptcy published Enterprise Court of Ghent, Kortrijk division · judgment of 06-12-2022 · Bankruptcy
Resignations: Isabel Lambert (day-to-day manager) and David Vandenbogaerde (day-to-day manager) Gazette deed
4 directors appointed, 1 resignation 4,358 new shares · Capital contribution: verhoging eigen vermogen door inbreng in natura · Capital contribution: daadwerkelijk verwezenlijkt · General meeting of 08-09-2021 · Gazette deed
All 15 events

Official details

Source: KBO
Status
Inactivedeed of incorporation of 23-12-2014 · bankruptcy closed on 24-06-2025
Activity
“Aan- en verkoop,zowel klein-als groothandel,alsook verhuring en wassen van katoenen luiers en aanverwante artikelen.” (deed in Dutch)From the articles, 5 activitiesNo NACE code in the KBO yet
Financial year end
31 December
Peppol
Not found in the Peppol Directory
Company details

Annual accounts 2020

-€93,824▼ 116%
€170,272▲ 99.8%
-€132,272
€518,611▲ 0.1%
Filing
Filed on 29-10-2021
Financials

Insights on WASHCOT

Equity fell from €75,282 in 2018 to -€132,272 in 2020, while debts rose from €76,704 to €650,883.

On 6 December 2022 the court declared WASHCOT bankrupt.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette.

Financials

Annual accounts 2020

micro format, filed on 29-10-2021, 90 days late
-€93,824
▼ €50,365
-€163,064
▼ €75,637
-€170,272
▼ €85,048
-€234,456
▼ €293,862
-25.5%
▼ 35.4 percentage points
0.30
▼ 1.09

Turnover and EBIT margin are not published. The micro format does not require them.

Balance sheet

balance sheet total €518,611 on 31-12-2020
What the company ownsHow it is paid for

in euro

in euro

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend202020192018201720162015
Balance sheet: assets
20/58 518,611518,324151,98688,07871,48679,476
20 --2845677161,432
21/28 416,756308,442103,33064,13653,78563,360
21 104,36378,89344,8616,5749,3299,712
22/27 308,643225,79957,16756,25943,15352,216
23 275,866195,91549,70543,59625,28929,149
24 684-7731,5472,3203,093
26 32,09329,8842,7133,1653,6174,069
28 3,7503,7501,3031,3031,302-
29/58 101,855209,88248,37223,37516,98516,116
3 14,46314,71310,83811,31411,1315,950
30/36 14,46314,71310,83811,31411,1315,950
40/41 74,972121,06825,41811,5383,0714,206
40 69,567107,87922,1779,7873,0713,031
41 5,40613,1893,2411,752-1,176
54/58 11,01169,98212,0035231,4695,269
490/1 1,4094,120113-1,315691
Balance sheet: equity and liabilities
10/49 518,611518,324151,98688,07871,48679,476
10/15 -132,27251,48775,2823,662-64,773-20,711
10/11 190,000190,000190,000140,00030,00030,000
100 -190,000190,000140,00030,00030,000
14 -424,214-253,942-168,718-136,338-94,773-50,711
15 101,942115,42954,000---
17/49 650,883466,83776,70484,416136,259100,187
17 304,242307,54211,10818,37325,48132,436
170/4 4,2427,54211,10818,37325,48132,436
178/9 300,000300,000----
42/48 336,311150,47665,59666,043110,77767,751
42 3,3003,5667,2657,1088,4206,483
44 303,989116,84428,18812,9208,055474
440/4 303,989116,84428,18812,9208,055474
46 --25695-135
45 3894,6988572,310479-
450/3 3894,6988572,310479-
47/48 28,63325,36829,03043,61093,82360,659
492/3 10,3308,819----
Income statement
9900 -93,824-43,460-11,165-1,132-23,092-31,968
630 67,12742,86125,93620,99319,31117,183
640/8 1,8891,106817610678379
66A 223--18,061--
9901 -163,064-87,427-37,917-40,796-43,082-49,530
75/76B 13,49213,6276,48583344123
75 13,49213,6276,48583344123
65/66B 20,70111,4249478521,3241,304
65 20,70111,4249478521,3241,304
9903 -170,272-85,224-32,380-41,565-44,061-50,711
67/77 ---001
9904 -170,272-85,224-32,380-41,565-44,061-50,711
9905 -170,272-85,224-32,380-41,565-44,061-50,711
Appropriation of the result
9906 -424,214-253,942-168,718-136,338-94,773-50,711
Document PDFPDFPDFPDFPDFPDF

Source: Annual accounts 2020 (PDF), filed on 29-10-2021.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank

2020 annual accounts filed 90 days after the deadline. Filed on 29 October 2021, deadline 31 July 2021 (7 months after the close on 31 December 2020, Companies Code art. 3:10). Source: NBB, 2021-74700563.

Financial year Type Filed Reference Document
31-12-2020 micro format 29-10-2021 2021-74700563 PDF
31-12-2019 micro format 18-09-2020 2020-54000100 PDF
31-12-2018 micro format 17-06-2019 2019-19200346 PDF
31-12-2017 micro format 04-05-2018 2018-12100560 PDF
31-12-2016 micro format 30-08-2017 2017-53600432 PDF
31-12-2015 abbreviated format 31-08-2016 2016-55900391 PDF

Subsidies and aid

Flemish government 2022, 2 entries, €12,960 awarded, €12,960 paid

Kmo-groeisubsidie: steun voor groeitrajecten bij kmo's (discontinued)
1×

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend202020192018201720162015
-95,936-44,566-11,982-19,803-23,770-32,347
-103,145-42,363-6,444-20,573-24,750-33,529
176,492248,99264,84648,4069,15078,394
-58,97057,97911,481-946-3,800-
-234,45659,406-17,224-42,669-93,792-51,635
-25.5%9.9%49.5%4.2%-90.6%-26.1%
0.301.390.740.350.150.24
0.261.300.570.180.050.15
-9.071.0223.05--
--165.5%-43.0%---
-32.8%-16.4%-21.3%-47.2%-61.6%-63.8%

Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Insights on WASHCOT

The operating result for 2020 is a loss of €163,064, larger than the loss of €87,427 in 2019. It is the lowest result since 2015.

Equity is negative. Debt (€650,883) exceeds the balance-sheet total (€518,611).

Board & ownership

Curator

1 mandate
Nathalie Beernaert
Curator, Dammestraat-West 6, 8800 Roeselare
from 06-12-2022 to 24-06-2025
Also on 67 other cases

Last board

2 directors, 1 in day-to-day management, last change in 2022
Claes Peter Herman Margriet
Niet statutair bestuurder b bestuurder and day-to-day manager
appointed by deed of 21-09-2021 term without a fixed end
Van Laere Peter Leon Christiaan
Niet statutair bestuurder b bestuurder
appointed by deed of 21-09-2021 term without a fixed end
Claes Peter Herman Margriet
Signing authorityThe articles say who may bind the company, for example by signing a contract.
“toegekend; 5. het verwerven van derden of het overdragen aan derden van intellectuele eigendomsrechten of het verlenen van gebruiksrechten…”
deed of 21-09-2021

Office holders in the KBO →

Mandates through the years

5 names, the dashed line is today
Claes Peter Herman Margriet
Niet statutair bestuurder b bestuurder, Day-to-day manager
Van Laere Peter Leon Christiaan
Niet statutair bestuurder b bestuurder
David Vandenbogaerde
Day-to-day manager
Isabel Lambert
Day-to-day manager
Bart Claes
Manager (not named in the articles)
LeadershipBoardEarliermandate already running before its first mentionBankruptcy 06-12-2022
Mandates as a list
  • Claes Peter Herman Margriet
    • Niet statutair bestuurder b bestuurder, appointed by deed of 21-09-2021, until the bankruptcy of 06-12-2022
    • Day-to-day manager, appointed by deed of 21-09-2021, until the bankruptcy of 06-12-2022
  • Van Laere Peter Leon Christiaan
    • Niet statutair bestuurder b bestuurder, appointed by deed of 21-09-2021, until the bankruptcy of 06-12-2022
  • David Vandenbogaerde
    • Manager (not named in the articles), from before 14-08-2018 to 10-10-2022
    • Day-to-day manager, appointed by deed of 21-09-2021, until 10-10-2022
  • Isabel Lambert
    • Manager (not named in the articles), from before 14-08-2018 to 10-10-2022
    • Day-to-day manager, appointed by deed of 21-09-2021, until 10-10-2022
  • Bart Claes
    • Manager (not named in the articles), appointed by deed of 21-08-2018, until 21-09-2021

See the board, name and registered office on a given date →

Control

Shareholder in 2021
CKS Fashion
25.05%
This company
WASHCOT
Equity -€132,272
Loss €170,272 in 2020

Capital

Contribution
€190,000
Source
deed of 21-09-2021

Owners through the years

as the annual accounts name them
CKS Fashion
25.05%
25.05%
Owners as a list

Source: lists of holdings in the owners' accounts

Articles of association

deed of 21-09-2021 (in Dutch)
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
Board ruleThese rules set how the board is made up, meets and takes decisions.
At least 4 directors
“Minstens één A-Bestuurder en één B-Bestuurder aanwezig of vertegenwoordigd, onverminderd strengere wettelijke bepalingen”
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Last Saturday of May at 11:00

Capital transactions

Capital over time
  1. 21-09-2021 Converted to unavailable equity · €190,000
  2. 21-09-2021 Capital increase · 4,358 new shares · in cash
  3. 21-08-2018 Capital increase of €46,800 · to €186,800 · 468 new shares · in cash
  4. 21-08-2018 Capital increase of €3,200 · to €190,000 · no new shares · inlijving bijzondere onbeschikbare rekening "uitgiftepremie"

Network & group

No group

WASHCOT has no parent and no holdings in its annual accounts. WASHCOT shares no director with another company.

Timeline

Timeline

15 events since 2014
2025
Bankruptcy closure (by liquidation) Enterprise Court of Ghent, Kortrijk division · judgment of 24-06-2025
2022
Bankruptcy published Enterprise Court of Ghent, Kortrijk division · judgment of 06-12-2022
Resignations: Isabel Lambert (day-to-day manager) and David Vandenbogaerde (day-to-day manager)2 points ▸

Open the deed in the Belgian Official Gazette

2021
Annual accounts 2020 filed PDFmicro format · 90 days late
4 directors appointed, 1 resignation4,358 new shares · Capital contribution: verhoging eigen vermogen door inbreng in natura · Capital contribution: daadwerkelijk verwezenlijkt · General meeting of 08-09-202113 points ▸

Open the deed in the Belgian Official Gazette

2020
Weakest financial year net -€170,272 The net result drops to -€170,272, the lowest from 2015 to 2020.
Annual accounts 2019 filed PDFmicro format · 49 days late
Registered office moved from Harelbeke to RoeselareNew registered office: Maïslaan 2A, 8800 Roeselare (België) · Previous registered office: Vaarnewijkstraat 18, 8530 Harelbeke (België)1 point ▸
  • Registered-office move, Maïslaan 2A, 8800 Roeselare (België)
  • The deed holds 1 more point.

Open the deed in the Belgian Official Gazette

2019
Annual accounts 2018 filed PDFmicro format · 44 days before the deadline
2018
Registered office moved from Harelbeke to DeerlijkCapital after the increase: €186,800, 468 new shares · Capital after the increase: €190,000 · Capital contribution: inschrijving en volstorting · General meeting of 14-08-20188 points ▸
  • General meeting, 14-08-2018
  • Registered-office move, Pladijsstraat 231, 8540 Deerlijk (Sint-Lodewijk)
  • Capital increase, €46,800
  • Capital increase, €3,200
  • Capital, €190,000
  • Director appointment, Bart Claes (manager (not named in the articles))
  • Director reappointment, David Vandenbogaerde (manager (not named in the articles))
  • Director reappointment, Isabel Lambert (manager (not named in the articles))
  • The deed holds 4 more points.

Open the deed in the Belgian Official Gazette

Annual accounts 2017 filed PDFmicro format · 88 days before the deadline
Capital increase of €110,000 to €140,000Capital after the increase: €140,000, 1,100 new shares · General meeting of 29-12-20174 points ▸
  • General meeting, 29-12-2017
  • Auditor report, 21-12-2017
  • Capital increase, €110,000
  • Capital, €140,000
  • The deed holds 5 more points.

Open the deed in the Belgian Official Gazette

2017
Annual accounts 2016 filed PDFmicro format · 30 days late
2016
Annual accounts 2015 filed PDFabbreviated format · 31 days late
2014
Incorporation PDF6 publications in the Belgian Official Gazette, the last on 10-10-2022

Financial milestones sit on the financial year-end date, not the filing date.

Sources: Publications in the Belgian Official GazetteFilings with the National Bank

History

The registered office moved to Deerlijk in 2018 and to Roeselare in 2020.12 The capital was increased 2 times between 2018 and 2021.13 Today the board has 2 members.3 Total assets went from €151,986 in 2018 to €518,611 in 2020.4 WASHCOT was declared bankrupt on 6 December 2022. The bankruptcy was closed on 24 June 2025.56

  1. 1Belgian Official Gazette, 21-08-2018
  2. 2Belgian Official Gazette, 25-02-2020
  3. 3Belgian Official Gazette, 21-09-2021
  4. 4National Bank, annual accounts 2018 and 2020
  5. 5Belgian Official Gazette, 12-12-2022
  6. 6Belgian Official Gazette, 30-06-2025

Company details

Purpose, financial year and meetings according to the articles of association

Name, seat, purpose and duration

PurposeThe purpose describes the activities the company may carry out under its articles.
“Aan- en verkoop,zowel klein-als groothandel,alsook verhuring en wassen van katoenen luiers en aanverwante artikelen; Aan- en verkoop,zowel…”
5 activities
  1. Aan- en verkoop,zowel klein-als groothandel,alsook verhuring en wassen van katoenen luiers en aanverwante artikelen.
  2. Aan- en verkoop,zowel klein-als groothandel,alsook verhuring van alle verzorgingsproducten en aanverwante artikelen.
  3. Aan- en verkoop,zowel klein-als groothandel,alsook verhuring van alle textiel-en kledingwaren en aanverwante artikelen.
  4. Het uitbaten van een wasserij en strijkerij,met inbegrip van nieuwstrijk en droogkuis.
  5. Alle dienstverlening die met het voorgaande verband kan houden in de meest ruime zin van het woord.
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Vlaams Gewest”

General meeting and financial year

Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Last Saturday of May at 11:00

Articles of association, deed of 21-09-2021 (in Dutch)

Inactive

WASHCOT is no longer in the KBO register.

Last annual accounts
financial year to 31 December 2020
Last registered office
Maislaan 2A, 8800 Roeselareas published on 10 October 2022
Legal form
Private limited company
First annual accounts
financial year 2015
Official KBO record

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