What does THE FASHION SOCIETY do?

THE FASHION SOCIETY is a holding company in Merchtem. Public Limited, started on 26 May 2014, 2 establishments.

What is the address of THE FASHION SOCIETY?

The registered office of THE FASHION SOCIETY is located at Brusselsesteenweg 185, 1785 Merchtem.

Is THE FASHION SOCIETY still active?

Yes. According to the CBE (29 September 2026) THE FASHION SOCIETY is active, legal situation “Normale toestand”, started on 26 May 2014.

Is THE FASHION SOCIETY registered on Peppol?

Yes, THE FASHION SOCIETY is registered on the Peppol network with ID 0208:0553548910.

What is the enterprise number of THE FASHION SOCIETY?

The enterprise number of THE FASHION SOCIETY is BE0553548910.

When was THE FASHION SOCIETY founded?

THE FASHION SOCIETY was founded on 26 May 2014.

Who are the directors of THE FASHION SOCIETY?

According to the 2026 annual accounts, the directors of THE FASHION SOCIETY are: Liesbeth SABBE, Jo WILLEMYNS, Kris CASTELEIN, Franciscus COLRUYT, Stefan GOETHAERT, Stefaan VANDAMME.

Is THE FASHION SOCIETY a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 26 May 2014; 4 annual accounts filed, latest fiscal year 2026; 6 directors known from the annual account; 2 establishments in the CBE.

How much profit did THE FASHION SOCIETY make in 2026?

THE FASHION SOCIETY recorded a loss after taxes of € 1,731,422 in financial year 2026.

What is the revenue of THE FASHION SOCIETY?

In its most recent annual accounts (2026), THE FASHION SOCIETY reported revenue of € 130,723,435.

How much does an employee at THE FASHION SOCIETY earn?

The average wage cost per full-time employee at THE FASHION SOCIETY was € 63,800 in 2026: staff costs of € 15.2 million for 238.4 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does THE FASHION SOCIETY have?

According to the 2026 annual accounts, THE FASHION SOCIETY has 238.4 full-time equivalents (FTE).

THE FASHION SOCIETY (Public Limited) - Merchtem

Dossier THE FASHION SOCIETY, printed on 29 September 2026 from databakkes.be/en/0553548910/the-fashion-society. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

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 31 % of short-term debt in 2026; threshold 65 %.
Figures corrected NBB

Corrected annual account filed for 2022.
Busy address KBO

18 other companies have their registered office at the same address; threshold 10.

Financials

Financial year 2026

THE FASHION SOCIETY from Merchtem, company number BE0553548910, closed financial year 2026 with a result of € -1.7 million after tax. For that financial year THE FASHION SOCIETY recorded revenue of € 130.7 million and equity of € 66.4 million. Compared with financial year 2025, the result moved from € 12.1 million to € -1.7 million. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 17, 2026.

What it is worth Healthy

€ 66.4 million

▼ 3% vs 2025

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

Loss Caution

€ -1.7 million

▼ still € 12.1 million profit in 2025

Profit after tax over the fiscal year.

Cash in the bank

€ 7.8 million

▲ € 6.6 million vs 2025

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 € 14.4 million.

People and assets in 2026

Full-time equivalents

238.4

▲ 23.3 vs 2025

Average over the fiscal year, from the social balance sheet.

Wage cost Staff costs are payroll only. Director pay sits with services and miscellaneous goods: € 26.6 million in 2026, together with rent, insurance, accountants and other services. The accounts do not split that further.

€ 15.2 million

▼ 22% vs 2025

€ 63,800 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.

Vehicles and equipment

€ 6.4 million

▲ 158% vs 2025

Of which on lease € 3.4 million.

Debts at end 2026

Bank debt ≈ 3 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 55.9 million

▲ 20% vs 2025

€ 10.1 million is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.

Owed to suppliers

€ 16.5 million

▲ € 14.5 million vs 2025

Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 41 days on average.

Taxes and wages

€ 2.4 million

▲ 23% vs 2025

Taxes, VAT and social contributions still to pay.

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Key figures per fiscal year Download key figures (CSV)
	2022	2023	2025	2026	Change 2025 → 2026
Revenue	€ 28,225,779 Revenue 2022: € 28,225,779 First fiscal year in the series	€ 35,183,837 Revenue 2023: € 35,183,837 ▲ 25% vs 2022 (€ 28,225,779) Favourable step	€ 54,407,836 Revenue 2025: € 54,407,836 ▲ 55% vs 2023 (€ 35,183,837) Favourable step	€ 130,723,435 Revenue 2026: € 130,723,435 ▲ 140% vs 2025 (€ 54,407,836) Favourable step	▲ 140%
Profit after taxes	€ 509,827 Profit after taxes 2022: € 509,827 First fiscal year in the series	€ 1,241,664 Profit after taxes 2023: € 1,241,664 ▲ 144% vs 2022 (€ 509,827) Favourable step	€ 12,053,663 Profit after taxes 2025: € 12,053,663 ▲ € 10.8 million vs 2023 (€ 1,241,664) Favourable step	€ -1,731,422 Profit after taxes 2026: € -1,731,422 ▼ € 13.8 million vs 2025 (€ 12,053,663) Unfavourable step	▼ € 13.8 million
Equity	€ 46,835,412 Equity 2022: € 46,835,412 First fiscal year in the series	€ 56,077,076 Equity 2023: € 56,077,076 ▲ 20% vs 2022 (€ 46,835,412) Favourable step	€ 68,130,739 Equity 2025: € 68,130,739 ▲ 21% vs 2023 (€ 56,077,076) Favourable step	€ 66,399,317 Equity 2026: € 66,399,317 ▼ 3% vs 2025 (€ 68,130,739) Unfavourable step	▼ 3%
Total debts	€ 44,150,859 Total debts 2022: € 44,150,859 First fiscal year in the series	€ 78,637,997 Total debts 2023: € 78,637,997 ▲ 78% vs 2022 (€ 44,150,859) Unfavourable step	€ 69,175,590 Total debts 2025: € 69,175,590 ▼ 12% vs 2023 (€ 78,637,997) Favourable step	€ 122,689,497 Total debts 2026: € 122,689,497 ▲ 77% vs 2025 (€ 69,175,590) Unfavourable step	▲ 77%
Cash	€ 804,070 Cash 2022: € 804,070 First fiscal year in the series	€ 4,195,690 Cash 2023: € 4,195,690 ▲ € 3.4 million vs 2022 (€ 804,070) Favourable step	€ 1,212,395 Cash 2025: € 1,212,395 ▼ 71% vs 2023 (€ 4,195,690) Unfavourable step	€ 7,794,961 Cash 2026: € 7,794,961 ▲ € 6.6 million vs 2025 (€ 1,212,395) Favourable step	▲ € 6.6 million
Land & buildings	-	-	€ 124,875 Land & buildings 2025: € 124,875 First fiscal year in the series	€ 116,757 Land & buildings 2026: € 116,757 ▼ 7% vs 2025 (€ 124,875) Unchanged	▼ 7%
Retained profit	€ 2,883,412 Retained profit 2022: € 2,883,412 First fiscal year in the series	€ 4,125,076 Retained profit 2023: € 4,125,076 ▲ 43% vs 2022 (€ 2,883,412) Favourable step	€ 16,178,739 Retained profit 2025: € 16,178,739 ▲ 292% vs 2023 (€ 4,125,076) Favourable step	€ 14,447,317 Retained profit 2026: € 14,447,317 ▼ 11% vs 2025 (€ 16,178,739) Unfavourable step	▼ 11%
Bank debt	€ 37,684,412 Bank debt 2022: € 37,684,412 First fiscal year in the series	€ 42,451,367 Bank debt 2023: € 42,451,367 ▲ 13% vs 2022 (€ 37,684,412) Unfavourable step	€ 46,691,449 Bank debt 2025: € 46,691,449 ▲ 10% vs 2023 (€ 42,451,367) Unfavourable step	€ 55,914,227 Bank debt 2026: € 55,914,227 ▲ 20% vs 2025 (€ 46,691,449) Unfavourable step	▲ 20%
Balance sheet total	€ 90,986,271 Balance sheet total 2022: € 90,986,271 First fiscal year in the series	€ 134,715,073 Balance sheet total 2023: € 134,715,073 ▲ 48% vs 2022 (€ 90,986,271) Unchanged	€ 137,306,329 Balance sheet total 2025: € 137,306,329 ▲ 2% vs 2023 (€ 134,715,073) Unchanged	€ 189,088,814 Balance sheet total 2026: € 189,088,814 ▲ 38% vs 2025 (€ 137,306,329) Unchanged	▲ 38%
Employees (FTE)	187.5 Employees (FTE) 2022: 187.5 First fiscal year in the series	197.8 Employees (FTE) 2023: 197.8 ▲ 10.3 vs 2022 (187.5) Unchanged	215.1 Employees (FTE) 2025: 215.1 ▲ 17.3 vs 2023 (197.8) Unchanged	238.4 Employees (FTE) 2026: 238.4 ▲ 23.3 vs 2025 (215.1) Unchanged	▲ 23.3

Key figures of THE FASHION SOCIETY, fiscal years 2022 to 2026, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2027) expected before 31 August 2027.

What happened to THE FASHION SOCIETY?

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

2027 Liesbeth SABBE stepped down as director. NBB
2027 Jo WILLEMYNS stepped down as director. NBB
2027 Kris CASTELEIN stepped down as director. NBB
2027 Franciscus COLRUYT stepped down as director. NBB
2027 Stefan GOETHAERT stepped down as director. NBB
2027 Stefaan VANDAMME stepped down as director. NBB
Jun 17, 2026 New annual accounts for financial year 2026: loss of € 1.7 million (▼ € 13.8 million vs 2025). Source: NBB ↗
2023 Jo WILLEMYNS became a director. NBB

In short

From € 509,827 profit in 2022 to € 1.7 million loss in 2026.

Paid € 738,832 in corporate taxes since 2022.

Best year ever: 2025, with € 12.1 million profit.

Pays suppliers within 41 days on average.

Original PDFs at the National Bank ↗

A new publication or filing at THE FASHION SOCIETY? We notify you, reason included.

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De Lijn 8 June 2026 New annual account 2025

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What was left

€ 20 k ▼ 91%
Money in the bank

€ 178 k ▼ 98%

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Real filings at the National Bank

Management

Darzana 100%

The stake of Darzana comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

THE FASHION SOCIETY

ZEBULAH 100%

ZEB LUX SA 100%

FASHION FOR STARS 100%

SAVERMO 100%

+25

The shares are held by Darzana (100%). It owns 100% of ZEBULAH, 100% of ZEB LUX SA, 100% of FASHION FOR STARS, 100% of SAVERMO, 100% of CAVRILO and 100% of FASHION STORE itself.

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