Bankrupt · Opening faillissement (CBE)

LINGERIE PRIVILEGE

BE0434411728

Rechtspersoon Cooperative company 1 establishment

LINGERIE PRIVILEGE is a clothing shop in Visé. Cooperative, started on 3 June 1988, 1 establishment.

Rue Haute(VIS) 7, 4600 Visé

Behind the company: Rachel Burnet.

Start date

3 June 1988

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

  • Negative equity NBB

    More debt than assets in 4 of the last 4 fiscal years.

  • Two loss years in a row NBB

    Negative result in 2023 and 2024.

  • Tight liquidity NBB

    Cash and receivables cover 13 % of short-term debt in 2024; threshold 65 %.

  • Legal situation KBO

    Opening faillissement according to the CBE.

Financials

Financial year 2024

LINGERIE PRIVILEGE from Visé, company number BE0434411728, closed financial year 2024 with a result of € -9,115 after tax. For that financial year LINGERIE PRIVILEGE recorded a gross margin of € -6,524 and equity of € -25,414. Compared with financial year 2023, the result moved from € -8,686 to € -9,115. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on June 24, 2025.

What it is worth Caution

€ -25,414

▼ € 9,115 vs 2023

Assets minus debts, by the books. What is left if everything were sold and paid today.

Loss Caution

€ -9,115

▼ 5 % more loss than in 2023

Profit after tax over the fiscal year.

Cash in the bank

€ 42

▼ 89% vs 2023

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € -44,006.

People and assets in 2024

Full-time equivalents estimate

≈ 1

No payroll staff. One director, so that person most likely runs the business.

Debts at end 2024

Bank debt

€ 2,479

▲ 3% vs 2023

Loans from banks and other lenders, long and short.

Owed to suppliers

€ 10,485

▲ 43% vs 2023

Supplier invoices still open on the last day of the fiscal year.

Taxes

€ 5,624

▲ 3% vs 2023

Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.

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Key figures per fiscal year Download key figures (CSV)
2021202220232024Change 2023 → 2024
Gross margin € 2,848 € 262 € -6,053 € -6,524 ▼ € 471
Profit after taxes € 391 € -3,213 € -8,686 € -9,115 ▼ € 428
Equity € -4,399 € -7,612 € -16,299 € -25,414 ▼ € 9,115
Total debts € 14,985 € 13,833 € 21,261 € 32,950 ▲ 55%
Cash € 116 € 532 € 392 € 42 ▼ 89%
Retained profit € -22,991 € -26,204 € -34,891 € -44,006 ▼ € 9,115
Bank debt € 2,330 € 2,230 € 2,400 € 2,479 ▲ 3%
Balance sheet total € 10,586 € 6,220 € 4,962 € 7,537 ▲ 52%

Key figures of LINGERIE PRIVILEGE, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.

What happened to LINGERIE PRIVILEGE?

What happened at LINGERIE PRIVILEGE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

LINGERIE PRIVILEGE is active according to the CBE. Legal situation: Opening faillissement.

  • New annual accounts for financial year 2024: loss of € 9,115. Source: NBB ↗
  • New establishment in Visé. KBO
  • Start of the company according to the CBE. KBO

In short

From € 391 profit in 2021 to € 9,115 loss in 2024.

Paid € 0 in corporate taxes since 2021.

Best year ever: 2021, with € 391 profit.

Management

Rachel Burnet
LINGERIE PRIVILEGE

Behind LINGERIE PRIVILEGE is Rachel Burnet.

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Directors

According to the 2024 annual accounts

Rachel Burnet

Managing director

Establishments

Establishment units

Physical locations of this company

Registered office

Rue Haute(VIS) 7

4600 Visé

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number
0434.411.728
VAT number
BE 0434.411.728
Registered office
Rue Haute(VIS) 7, 4600 Visé
Names & denominations
LINGERIE PRIVILEGE
Enterprise type
Rechtspersoon
Legal form
Cooperative company
Legal situation
Opening faillissement
Start date
3 June 1988
Peppol
Not registered
Activities · NACE

Detailhandel in onderkleding, lingerie en strand- en badkleding

Detailhandel in onderkleding, lingerie, strand- en badkleding

Frequently asked questions

What does LINGERIE PRIVILEGE do?
LINGERIE PRIVILEGE is a clothing shop in Visé. Cooperative, started on 3 June 1988, 1 establishment.
What is the address of LINGERIE PRIVILEGE?
The registered office of LINGERIE PRIVILEGE is located at Rue Haute(VIS) 7, 4600 Visé.
Is LINGERIE PRIVILEGE still active?
No. The CBE lists LINGERIE PRIVILEGE with legal situation “Opening faillissement”. The date of the court ruling is published in the Belgian Official Gazette; the register does not carry it.
Is LINGERIE PRIVILEGE registered on Peppol?
No, LINGERIE PRIVILEGE is currently not registered on the Peppol network.
What is the enterprise number of LINGERIE PRIVILEGE?
The enterprise number of LINGERIE PRIVILEGE is BE0434411728.
When was LINGERIE PRIVILEGE founded?
LINGERIE PRIVILEGE was founded on 3 June 1988.