Bankrupt · Opening faillissement (CBE)

Network Group

BE0678740375

Rechtspersoon Private limited company 1 establishment

Network Group is a clothing shop in Wavre. Private Limited, started on 19 July 2017, 1 establishment.

Rue Joseph Joppart 39, 1300 Wavre

Behind the company: Mouline ASQIRIBA.

Start date

19 July 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 2 of the last 2 fiscal years.

  • Two loss years in a row NBB

    Negative result in 2021 and 2022.

  • Tight liquidity NBB

    Cash and receivables cover 2 % of short-term debt in 2022; threshold 65 %.

  • Late annual account NBB

    Fiscal year 2022 was filed 256 days after the legal deadline.

  • Legal situation KBO

    Opening faillissement according to the CBE.

Financials

Financial year 2022

Network Group from Wavre, company number BE0678740375, closed financial year 2022 with a result of € -319,049 after tax. For that financial year Network Group recorded a gross margin of € -174,803 and equity of € -446,598. Compared with financial year 2021, the result moved from € -14,615 to € -319,049. 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 April 12, 2024.

What it is worth Caution

€ -446,598

▼ € 319,049 vs 2021

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

Loss Caution

€ -319,049

▼ 2083 % more loss than in 2021

Profit after tax over the fiscal year.

Cash in the bank

€ 8,710

▲ 36% vs 2021

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 € -456,598.

People and assets in 2022

Full-time equivalents estimate

≈ 1

No payroll staff. One director, so that person most likely runs the business.

Wage cost

€ 122,122

▲ 88% vs 2021

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

€ 4,480

▲ 244% vs 2021

Book value of vehicles, furniture and equipment.

Debts at end 2022

Bank debt

€ 88,775

▲ € 80,856 vs 2021

Loans from banks and other lenders, long and short.

Owed to suppliers

€ 196,236

▲ € 152,427 vs 2021

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

Taxes and wages

€ 95,155

▲ € 77,805 vs 2021

Taxes, VAT and social contributions still to pay.

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Key figures per fiscal year Download key figures (CSV)
20212022Change 2021 → 2022
Gross margin € 55,279 € -174,803 ▼ € 230,082
Profit after taxes € -14,615 € -319,049 ▼ € 304,434
Equity € -127,549 € -446,598 ▼ € 319,049
Total debts € 381,609 € 630,757 ▲ 65%
Cash € 6,396 € 8,710 ▲ 36%
Retained profit € -137,549 € -456,598 ▼ € 319,049
Bank debt € 7,919 € 88,775 ▲ € 80,856
Balance sheet total € 254,060 € 184,158 ▼ 28%

Key figures of Network Group, fiscal years 2021 to 2022, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2023 has not been filed yet; it was expected before 31 July 2024.

What happened to Network Group?

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

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

  • New annual accounts for financial year 2022: loss of € 319,049. filed late Source: NBB ↗
  • New establishment in Wavre. KBO
  • Start of the company according to the CBE. KBO

In short

From € 14,615 loss in 2021 to € 319,049 loss in 2022.

Paid € 9,391 in corporate taxes since 2021.

Management

Mouline ASQIRIBA
Network Group

Behind Network Group is Mouline ASQIRIBA.

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Directors

According to the 2022 annual accounts

Mouline ASQIRIBA

Director

Establishments

Establishment units

Physical locations of this company

Registered office

Rue Joseph Joppart 39

1300 Wavre

2.266.513.777

Avenue des Princes 30

1300 Wavre

Active since 19 July 2017

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

Details

Company number
0678.740.375
VAT number
BE 0678.740.375
Registered office
Rue Joseph Joppart 39, 1300 Wavre
Names & denominations
Network Group
Enterprise type
Rechtspersoon
Legal form
Private limited company
Legal situation
Opening faillissement
Start date
19 July 2017
Peppol
Not registered
Activities · NACE

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

Frequently asked questions

What does Network Group do?
Network Group is a clothing shop in Wavre. Private Limited, started on 19 July 2017, 1 establishment.
What is the address of Network Group?
The registered office of Network Group is located at Rue Joseph Joppart 39, 1300 Wavre.
Is Network Group still active?
No. The CBE lists Network Group 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 Network Group registered on Peppol?
No, Network Group is currently not registered on the Peppol network.
What is the enterprise number of Network Group?
The enterprise number of Network Group is BE0678740375.
When was Network Group founded?
Network Group was founded on 19 July 2017.