Bankrupt · Opening faillissement (CBE)

FASHION CONCEPT

BE0676724854

Rechtspersoon Private limited company 1 establishment

FASHION CONCEPT is a wholesaler in Durbuy. Private Limited, started on 12 June 2017, 1 establishment.

Rue de la Prévôté 2, 6940 Durbuy

Behind the company: Nathalie DUBOIS.

Start date

12 June 2017

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 1 of the last 2 fiscal years.

  • Late annual account NBB

    Fiscal year 2021 was filed 242 days after the legal deadline.

  • Legal situation KBO

    Opening faillissement according to the CBE.

Financials

Financial year 2021

FASHION CONCEPT from Durbuy, company number BE0676724854, closed financial year 2021 with a result of € -5,852 after tax. For that financial year FASHION CONCEPT recorded a gross margin of € 19,508 and equity of € -496. Compared with financial year 2020, the result moved from € 14,216 to € -5,852. 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 30, 2023.

What it is worth Caution

€ -496

▼ € 5,852 vs 2020

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

Loss Caution

€ -5,852

▼ still € 14,216 profit in 2020

Profit after tax over the fiscal year.

Cash in the bank

€ 61,173

▲ 59% vs 2020

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 € -18,972.

People and assets in 2021

Wage cost

€ 2,911

▼ 83% vs 2020

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

€ 1,296

▼ 64% vs 2020

Book value of vehicles, furniture and equipment.

Debts at end 2021

Bank debt ≈ 1 years to go

€ 26,100

▼ 38% vs 2020

€ 19,265 is repaid this year. At this pace the long-term loan is gone in ≈ 1 years.

Owed to suppliers

€ 129,595

▲ 27% vs 2020

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

Taxes and wages

€ 21,740

▼ 27% vs 2020

Taxes, VAT and social contributions still to pay.

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Key figures per fiscal year Download key figures (CSV)
20202021Change 2020 → 2021
Gross margin € 39,459 € 19,508 ▼ 51%
Profit after taxes € 14,216 € -5,852 ▼ € 20,068
Equity € 5,356 € -496 ▼ € 5,852
Total debts € 504,815 € 671,886 ▲ 33%
Cash € 38,390 € 61,173 ▲ 59%
Retained profit € -13,120 € -18,972 ▼ € 5,852
Bank debt € 42,062 € 26,100 ▼ 38%
Balance sheet total € 510,171 € 671,390 ▲ 32%

Key figures of FASHION CONCEPT, fiscal years 2020 to 2021, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2022 has not been filed yet; it was expected before 31 July 2023.

What happened to FASHION CONCEPT?

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

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

  • New annual accounts for financial year 2021: loss of € 5,852 (▼ € 20,068 vs 2020). filed late Source: NBB ↗
  • New establishment in Durbuy. KBO
  • Start of the company according to the CBE. KBO

In short

From € 14,216 profit in 2020 to € 5,852 loss in 2021.

Best year ever: 2020, with € 14,216 profit.

Management

Nathalie DUBOIS
FASHION CONCEPT

Behind FASHION CONCEPT is Nathalie DUBOIS.

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Directors

According to the 2021 annual accounts

Nathalie DUBOIS

Director

Establishments

Establishment units

Physical locations of this company

Registered office

Rue de la Prévôté 2

6940 Durbuy

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number
0676.724.854
VAT number
BE 0676.724.854
Registered office
Rue de la Prévôté 2, 6940 Durbuy
Names & denominations
FASHION CONCEPT
Enterprise type
Rechtspersoon
Legal form
Private limited company
Legal situation
Opening faillissement
Start date
12 June 2017
Peppol
Not registered
Activities · NACE

Groothandel in uurwerken en sieraden

Detailhandel in uurwerken en sieraden

Detailhandel in souvenirs en religieuze artikelen

Detailhandel in souvenirs en religieuze artikelen in gespecialiseerde winkels

Frequently asked questions

What does FASHION CONCEPT do?
FASHION CONCEPT is a wholesaler in Durbuy. Private Limited, started on 12 June 2017, 1 establishment.
What is the address of FASHION CONCEPT?
The registered office of FASHION CONCEPT is located at Rue de la Prévôté 2, 6940 Durbuy.
Is FASHION CONCEPT still active?
No. The CBE lists FASHION CONCEPT 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 FASHION CONCEPT registered on Peppol?
No, FASHION CONCEPT is currently not registered on the Peppol network.
What is the enterprise number of FASHION CONCEPT?
The enterprise number of FASHION CONCEPT is BE0676724854.
When was FASHION CONCEPT founded?
FASHION CONCEPT was founded on 12 June 2017.