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.
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Tight liquidity NBB
Cash and receivables cover 2 % of short-term debt in 2024; threshold 65 %.
Financials
Financial year 2024
DESIGNER EUROPE from Sint-Pieters-Woluwe, company number BE0477992739, closed financial year 2024 with a result of € -58,421 after tax. For that financial year DESIGNER EUROPE recorded a gross margin of € -17,879 and equity of € -405,648. Compared with financial year 2023, the result moved from € -41,677 to € -58,421. 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 August 30, 2025.
€ -405,648
▼ € 58,421 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -58,421
▼ 40 % more loss than in 2023
Profit after tax over the fiscal year.
€ 3,033
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -405,648.
People and assets in 2024
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 26,831
▼ 46% 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.
€ 675
▼ 76% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 139,085
▼ 41% vs 2023
€ 30,149 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 118,170
▼ 12% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 15,407
▼ 12% vs 2023
Taxes, VAT and social contributions still to pay.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 130,717 | € 61,837 | € 26,320 | € -17,879 | ▼ € 44,199 |
| Profit after taxes | € 43,529 | € 5,254 | € -41,677 | € -58,421 | ▼ € 16,744 |
| Equity | € -310,803 | € -305,549 | € -347,226 | € -405,648 | ▼ € 58,421 |
| Total debts | € 515,553 | € 516,417 | € 508,048 | € 509,771 | |
| Cash | € 3,336 | € 6,925 | € 3,033 | € 3,033 | |
| Retained profit | € -310,803 | € -305,549 | € -347,226 | € -405,648 | ▼ € 58,421 |
| Bank debt | € 289,130 | € 268,143 | € 236,880 | € 139,085 | ▼ 41% |
| Balance sheet total | € 204,750 | € 210,869 | € 160,821 | € 104,124 | ▼ 35% |
Key figures of DESIGNER EUROPE, 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 DESIGNER EUROPE?
What happened at DESIGNER EUROPE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: loss of € 58,421. filed late Source: NBB ↗
- New establishment in Sint-Pieters-Woluwe. KBO
- MARC MENHAMS became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 43,529 profit in 2021 to € 58,421 loss in 2024.
Paid € 2,166 in corporate taxes since 2021.
Best year ever: 2021, with € 43,529 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
Behind DESIGNER EUROPE is MARC MENHAMS.
Directors
According to the 2024 annual accounts
MARC MENHAMS
Manager
since 2002
Establishments
Establishment units
Physical locations of this company
Vogelzanglaan 50
1150 Sint-Pieters-Woluwe
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
- 0477.992.739
- VAT number
- BE 0477.992.739
- Registered office
- Vogelzanglaan 50, 1150 Sint-Pieters-Woluwe
- Names & denominations
- DESIGNER EUROPE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 16 July 2002
- Peppol
- Active · Active since 23 Dec 2025
- Activities · NACE
Vervaardiging van sieraden
Vervaardiging van juwelen en sieraden
Vervaardiging van overige kleding en toebehoren, neg
Vervaardiging van overige kleding en kledingaccessoires, n.e.g.
Vervaardiging van andere kleding en toebehoren, n.e.g.