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 17 % of short-term debt in 2026; threshold 65 %.
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Shrinking team NBB
FTE fell two years in a row, from 26.4 to 20.6.
Financials
Financial year 2026
More Fashion from Kortrijk, company number BE0466119840, closed financial year 2026 with a result of € 26,643 after tax. For that financial year More Fashion recorded a gross margin of € 861,389 and equity of € 477,696. Compared with financial year 2025, the result moved from € 42,996 to € 26,643. The company is profitable. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 10, 2026.
€ 477,696
▲ 6% vs 2025
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 26,643
▼ 38% vs 2025
Profit after tax over the fiscal year.
€ 87,436
▼ 2% vs 2025
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2026. Retained profit grew to € -647,304.
People and assets in 2026
20.6
▼ 2.2 vs 2025
Average over the fiscal year, from the social balance sheet.
€ 745,602
▼ 9% vs 2025
€ 36,200 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 10,763
▼ 36% vs 2025
Book value of vehicles, furniture and equipment.
Debts at end 2026
€ 359,830
▼ 17% vs 2025
€ 47,350 is repaid this year. At this pace the long-term loan is gone in ≈ 8 years.
€ 604,592
▼ 15% vs 2025
Supplier invoices still open on the last day of the fiscal year.
€ 108,565
▼ 3% vs 2025
Taxes, VAT and social contributions still to pay.
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| 2023 | 2024 | 2025 | 2026 | Change 2025 → 2026 | |
|---|---|---|---|---|---|
| Gross margin | € 1,126,522 | € 1,097,943 | € 956,097 | € 861,389 | ▼ 10% |
| Profit after taxes | € 102,996 | € 55,088 | € 42,996 | € 26,643 | ▼ 38% |
| Equity | € 352,969 | € 408,057 | € 451,053 | € 477,696 | ▲ 6% |
| Total debts | € 1,513,691 | € 1,452,173 | € 1,277,125 | € 1,096,659 | ▼ 14% |
| Cash | € 108,708 | € 108,236 | € 88,997 | € 87,436 | ▼ 2% |
| Retained profit | € -772,031 | € -716,943 | € -673,947 | € -647,304 | ▲ € 26,643 |
| Bank debt | € 627,500 | € 531,666 | € 435,739 | € 359,830 | ▼ 17% |
| Balance sheet total | € 1,866,660 | € 1,860,229 | € 1,728,177 | € 1,574,355 | ▼ 9% |
| Employees (FTE) | 27 | 26.4 | 22.8 | 20.6 | ▼ 2.2 |
Key figures of More Fashion, fiscal years 2023 to 2026, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2027) expected before 28 September 2027.
What happened to More Fashion?
What happened at More Fashion in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Xeros nv stepped down as director. NBB
- New annual accounts for financial year 2026: profit of € 26,643 (▼ 38% vs 2025). Source: NBB ↗
- Xeros nv became a director. NBB
- New establishment in Wijnegem. KBO
- New establishment in Sint-Truiden. KBO
- New establishment in Koksijde. KBO
- New establishment in Kortrijk. KBO
- New establishment in Oostende. KBO
In short
From € 102,996 profit in 2023 to € 26,643 profit in 2026.
Paid € 1,710 in corporate taxes since 2023.
Best year ever: 2023, with € 102,996 profit.
On average € 41,800 of value added per employee in 2026.
A new publication or filing at More Fashion? We notify you, reason included.
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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
The stake of MODENO comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
More FashionThe shares are held by MODENO (50%).
Establishments
Establishment units
Physical locations of this company
Meensesteenweg(Bis) 449
8501 Kortrijk
Diestsestraat 18
3000 Leuven
Active since 26 August 1999
Gasthuisstraat 4
2300 Turnhout
Active since 17 August 1999
Menenstraat 11
8900 Ieper
Active since 3 September 2002
Albert I laan 209
8620 Nieuwpoort
Active since 21 June 2008
Adolf Buylstraat 31
8400 Oostende
Active since 9 June 2012
Ringlaan(Kor) 34
8500 Kortrijk
Active since 10 May 2013
Zeelaan(Kok) 234
8670 Koksijde
Active since 17 May 2014
Turnhoutsebaan 5 box 41
2110 Wijnegem
Active since 1 April 2019
Luikerstraat 26
3800 Sint-Truiden
Active since 1 April 2019
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 8 companies are registered at this address.
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SUN & NAIL ART ZONNECENTRUM & NAGELSTUDIO
€ 51,518 gross margin · 2025
GranTurismo Motors
€ -68,613 gross margin · 2025
+3 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0466.119.840
- VAT number
- BE 0466.119.840
- Registered office
- Meensesteenweg(Bis) 449, 8501 Kortrijk
- Names & denominations
- More Fashion
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 27 May 1999
- Peppol
- Active · Active since 10 Feb 2026
- Activities · NACE
Detailhandel in bovenkleding voor heren
Detailhandel in herenbovenkleding
Detailhandel in damesbovenkleding
Detailhandel in bovenkleding voor dames
Detailhandel in kledingaccessoires