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 3 of the last 4 fiscal years.
Financials
Financial year 2024
FASHION 51 from Mechelen, company number BE0704676789, closed financial year 2024 with a result of € 3,564 after tax. For that financial year FASHION 51 recorded a gross margin of € 159,715 and equity of € -20,340. Compared with financial year 2023, the result moved from € -18,418 to € 3,564. Profitable, and profit is growing. 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 September 30, 2025.
€ -20,340
▲ € 3,564 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 3,564
▲ still € 18,418 loss in 2023
Profit after tax over the fiscal year.
€ 80,646
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2024. Retained profit grew to € -26,540.
People and assets in 2024
0
Average over the fiscal year, from the social balance sheet.
€ 2,664
▼ 32% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 278,859
▼ 11% vs 2023
Loans from banks and other lenders, long and short.
€ 209,012
▼ 19% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 80,434
▼ 57% vs 2023
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 55,084 | € 97,832 | € 48,703 | € 159,715 | ▲ 228% |
| Profit after taxes | € 37,295 | € 65,067 | € -18,418 | € 3,564 | ▲ € 21,981 |
| Equity | € 15,779 | € -5,486 | € -23,904 | € -20,340 | ▲ € 3,564 |
| Total debts | € 500,575 | € 944,537 | € 758,670 | € 568,305 | ▼ 25% |
| Cash | - | - | - | € 80,646 | |
| Retained profit | € 9,579 | € -11,686 | € -30,104 | € -26,540 | ▲ € 3,564 |
| Bank debt | € 251,809 | € 310,418 | € 313,853 | € 278,859 | ▼ 11% |
| Balance sheet total | € 516,353 | € 939,051 | € 734,766 | € 547,965 | ▼ 25% |
Key figures of FASHION 51, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to FASHION 51?
What happened at FASHION 51 in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 3,564. filed late Source: NBB ↗
- New establishment in Mechelen. KBO
- Start of the company according to the CBE. KBO
In short
From € 37,295 profit in 2021 to € 3,564 profit in 2024.
Paid € 15,078 in corporate taxes since 2021.
Best year ever: 2022, with € 65,067 profit.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind FASHION 51 is LUCCA INVEST CommV. LUCCA INVEST CommV is also behind PERSEVERANTIUS and Rytm.
Directors
According to the 2024 annual accounts
Establishments
Establishment units
Physical locations of this company
Bruul 106
2800 Mechelen
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 6 companies are registered at this address.
All companies at this address →LE PELOTON DE PARIS
€ 121,003 gross margin · 2023
PERSEVERANTIUS same network
€ 179,102 gross margin · 2024
LUCCA INVEST same network
Vereniging van mede-eigenaars Residentie "Peleton" te 2800 Mechelen, Bruul 106
GRAVA106
+1 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0704.676.789
- VAT number
- BE 0704.676.789
- Registered office
- Bruul 106, 2800 Mechelen
- Names & denominations
- FASHION 51
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 17 September 2018
- Peppol
- Active · Active since 12 Dec 2025
- Activities · NACE
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