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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Negative equity NBB
More debt than assets in 1 of the last 2 fiscal years.
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Late annual account NBB
Fiscal year 2021 was filed 242 days after the legal deadline.
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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.
€ -496
▼ € 5,852 vs 2020
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -5,852
▼ still € 14,216 profit in 2020
Profit after tax over the fiscal year.
€ 61,173
▲ 59% vs 2020
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -18,972.
People and assets in 2021
€ 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.
€ 1,296
▼ 64% vs 2020
Book value of vehicles, furniture and equipment.
Debts at end 2021
€ 26,100
▼ 38% vs 2020
€ 19,265 is repaid this year. At this pace the long-term loan is gone in ≈ 1 years.
€ 129,595
▲ 27% vs 2020
Supplier invoices still open on the last day of the fiscal year.
€ 21,740
▼ 27% vs 2020
Taxes, VAT and social contributions still to pay.
| 2020 | 2021 | Change 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
Behind FASHION CONCEPT is Nathalie DUBOIS.
Directors
According to the 2021 annual accounts
Nathalie DUBOIS
Director
Establishments
Establishment units
Physical locations of this company
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
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