Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Two loss years in a row NBB
Negative result in 2023 and 2024.
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Tight liquidity NBB
Cash and receivables cover 1 % of short-term debt in 2024; threshold 65 %.
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Legal situation KBO
Opening faillissement according to the CBE.
Financials
Financial year 2024
THE FASHION COMPANY from Deerlijk, company number BE0468336289, closed financial year 2024 with a result of € -443,795 after tax. Compared with financial year 2023, the result moved from € -2.1 million to € -443,795. The company made a loss. The buffer shrank hard: equity is 54 % below last year. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on March 28, 2025.
€ 377,205
▼ 54% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -443,795
▲ 79 % less loss than in 2023
Profit after tax over the fiscal year.
€ 766
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -6.1 million.
Debts at end 2024
None
No bank loans on the last day of the fiscal year.
€ 3,362
▲ 66% vs 2023
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|
| Profit after taxes | € -1,370,823 | € -2,106,680 | € -443,795 | ▲ € 1.7 million |
| Equity | € -714,701 | € 821,000 | € 377,205 | ▼ 54% |
| Total debts | € 2,713,597 | € 1,922,994 | € 1,948,331 | ▲ 1% |
| Cash | € 48 | € 0 | € 766 | |
| Retained profit | € -3,594,816 | € -5,701,496 | € -6,145,291 | ▼ € 443,795 |
| Bank debt | € 2,633,545 | € 72 | € 0 | ▼ 100% |
| Balance sheet total | € 1,998,895 | € 2,743,994 | € 2,325,536 | ▼ 15% |
Key figures of THE FASHION COMPANY, fiscal years 2022 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 3 March 2026.
What happened to THE FASHION COMPANY?
What happened at THE FASHION COMPANY in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
THE FASHION COMPANY is active according to the CBE. Legal situation: Opening faillissement.
- New annual accounts for financial year 2024: loss of € 443,795. filed late Source: NBB ↗
- New establishment in Kortrijk. KBO
- Start of the company according to the CBE. KBO
In short
From € 1.4 million loss in 2022 to € 443,795 loss in 2024.
Management
Behind THE FASHION COMPANY are Herman Van De Velde NV, Loval BV, Tony Vanwijnsberghe and Antony NV. It owns 100% of Tonickx NV, 99.4% of Société Ouardanine Textile, 98.7% of C.Q. Fashion, 95% of Confection Menzel Khir, 94.8% of Pro Fashion and 90% of Pro Imo SRL itself.
Directors
According to the 2024 annual accounts
Director · represented by Herman Van De Velde
Also active at: VAN DE VELDE, WIELINGEN INVEST
Establishments
Establishment units
Physical locations of this company
Brandemolenweg 8
8540 Deerlijk
Evolis(Kor) 11
8500 Kortrijk
Active since 17 August 2000
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0468.336.289
- VAT number
- BE 0468.336.289
- Registered office
- Brandemolenweg 8, 8540 Deerlijk
- Names & denominations
- THE FASHION COMPANY
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Opening faillissement
- Start date
- 15 December 1999
- Peppol
- Not registered