Bankrupt · Opening faillissement (CBE)

LAURETIM

BE0536414255

Rechtspersoon Private limited company 1 establishment

LAURETIM is a clothing shop in Oostende. Private Limited, started on 2 July 2013, 1 establishment.

Adolf Buylstraat 45, 8400 Oostende

Behind the company: Timothy Deseure.

Start date

2 July 2013

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 2024 and 2025.

  • Tight liquidity NBB

    Cash and receivables cover 5 % of short-term debt in 2025; threshold 65 %.

  • Legal situation KBO

    Opening faillissement according to the CBE.

Financials

Financial year 2025

LAURETIM from Oostende, company number BE0536414255, closed financial year 2025 with a result of € -42,416 after tax. For that financial year LAURETIM recorded a gross margin of € 56,750 and equity of € -177,066. Compared with financial year 2024, the result moved from € -39,894 to € -42,416. 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 March 22, 2026.

What it is worth Caution

€ -177,066

▼ € 42,416 vs 2024

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

Loss Caution

€ -42,416

▼ 6 % more loss than in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 2,644

▲ 30% vs 2024

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 € -189,466.

People and assets in 2025

Wage cost

€ 21,075

▼ 28% vs 2024

Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.

Vehicles and equipment

€ 1,439

▼ 14% vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 6 years to go

€ 537,258

▼ 4% vs 2024

€ 75,114 is repaid this year. At this pace the long-term loan is gone in ≈ 6 years.

Owed to suppliers

€ 85,081

▼ 23% vs 2024

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

Taxes

€ 82,907

▲ 93% vs 2024

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

Key figures per fiscal year Download key figures (CSV)
2022202320242025Change 2024 → 2025
Gross margin € 155,266 € 227,772 € 96,945 € 56,750 ▼ 41%
Profit after taxes € -127,916 € 8,176 € -39,894 € -42,416 ▼ € 2,522
Equity € -102,932 € -94,756 € -134,650 € -177,066 ▼ € 42,416
Total debts € 1,382,694 € 893,811 € 771,346 € 773,414
Cash € 4,590 € 8,896 € 2,035 € 2,644 ▲ 30%
Land & buildings € 1,003,419 € 545,775 € 528,727 € 511,680 ▼ 3%
Retained profit € -115,332 € -107,156 € -147,050 € -189,466 ▼ € 42,416
Bank debt € 1,153,427 € 686,028 € 556,812 € 537,258 ▼ 4%
Balance sheet total € 1,279,762 € 799,055 € 636,696 € 596,347 ▼ 6%

Key figures of LAURETIM, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 3 March 2027.

What happened to LAURETIM?

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

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

  • New annual accounts for financial year 2025: loss of € 42,416. filed late Source: NBB ↗
  • New establishment in Oostende. KBO
  • Start of the company according to the CBE. KBO

In short

From € 127,916 loss in 2022 to € 42,416 loss in 2025.

Paid € 5,277 in corporate taxes since 2022.

Best year ever: 2023, with € 8,176 profit.

Management

Timothy Deseure
LAURETIM

Behind LAURETIM is Timothy Deseure.

Directors

According to the 2025 annual accounts

Timothy Deseure

Director

Establishments

Establishment units

Physical locations of this company

Registered office

Adolf Buylstraat 45

8400 Oostende

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
0536.414.255
VAT number
BE 0536.414.255
Registered office
Adolf Buylstraat 45, 8400 Oostende
Names & denominations
LAURETIM
Enterprise type
Rechtspersoon
Legal form
Private limited company
Legal situation
Opening faillissement
Start date
2 July 2013
Peppol
Active · Active since 31 Dec 2025
Activities · NACE

Detailhandel in dames-, heren-, baby- en kinderboven- en onderkleding en kledingaccessoires (algemeen assortiment)

Frequently asked questions

What does LAURETIM do?
LAURETIM is a clothing shop in Oostende. Private Limited, started on 2 July 2013, 1 establishment.
What is the address of LAURETIM?
The registered office of LAURETIM is located at Adolf Buylstraat 45, 8400 Oostende.
Is LAURETIM still active?
No. The CBE lists LAURETIM 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 LAURETIM registered on Peppol?
Yes, LAURETIM is registered on the Peppol network with ID 0208:0536414255.
What is the enterprise number of LAURETIM?
The enterprise number of LAURETIM is BE0536414255.
When was LAURETIM founded?
LAURETIM was founded on 2 July 2013.