Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 36 % of short-term debt in 2024; threshold 65 %.
Financials
Financial year 2024
Mega Fashions from Oostende, company number BE0450679123, closed financial year 2024 with a result of € 1,785 after tax. For that financial year Mega Fashions recorded a gross margin of € 14,509 and equity of € 232. Compared with financial year 2023, the result moved from € -14,112 to € 1,785. Profitable, and profit is growing. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 27, 2025.
€ 232
▲ € 1,785 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1,785
▲ still € 14,112 loss in 2023
Profit after tax over the fiscal year.
€ 7,425
▲ 36% vs 2023
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2024. Retained profit grew to € -6,461.
People and assets in 2024
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 10,538
▼ 71% vs 2023
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
Debts at end 2024
None
No bank loans on the last day of the fiscal year.
€ 14,911
▲ 117% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 226
▼ 96% vs 2023
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Revenue | - | € 344,740 | - | - | |
| Gross margin | € 31,326 | € 31,393 | € 24,748 | € 14,509 | ▼ 41% |
| Profit after taxes | € -1,350 | € -4,663 | € -14,112 | € 1,785 | ▲ € 15,897 |
| Equity | € 17,222 | € 12,558 | € -1,554 | € 232 | ▲ € 1,785 |
| Total debts | € 60,982 | € 19,350 | € 16,622 | € 21,311 | ▲ 28% |
| Cash | € 59,488 | € 20,705 | € 5,449 | € 7,425 | ▲ 36% |
| Retained profit | € 10,529 | € 5,865 | € -8,247 | € -6,461 | ▲ € 1,785 |
| Balance sheet total | € 78,204 | € 31,908 | € 15,068 | € 21,543 | ▲ 43% |
Key figures of Mega Fashions, 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 Mega Fashions?
What happened at Mega Fashions in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 1,785. filed late Source: NBB ↗
- Khuram Munir became a director. NBB
- New establishment in Oostende. KBO
- Start of the company according to the CBE. KBO
In short
From € 1,350 loss in 2021 to € 1,785 profit in 2024.
Paid € 296 in corporate taxes since 2021.
Best year ever: 2024, with € 1,785 profit.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Directors
According to the 2024 annual accounts
Khuram Munir
Director
since 2024
Establishments
Establishment units
Physical locations of this company
Torhoutsesteenweg 174
8400 Oostende
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0450.679.123
- VAT number
- BE 0450.679.123
- Registered office
- Torhoutsesteenweg 174, 8400 Oostende
- Names & denominations
- Mega Fashions
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 13 August 1993
- Peppol
- Active · Active since 16 Jan 2026
- Activities · NACE
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