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 2 of the last 2 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 45 % of short-term debt in 2023; threshold 65 %.
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Busy address KBO
19 other companies have their registered office at the same address; threshold 10.
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Legal situation KBO
Opening faillissement according to the CBE.
Financials
Financial year 2023
S&S Belux from Ternat, company number BE0806891035, closed financial year 2023 with a result of € -1.1 million after tax. For that financial year S&S Belux recorded revenue of € 9.2 million and equity of € -4.2 million. Compared with financial year 2022, the result moved from € 297,485 to € -1.1 million. 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 5, 2024.
€ -4.2 million
▼ € 1.1 million vs 2022
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -1.1 million
▼ still € 297,485 profit in 2022
Profit after tax over the fiscal year.
€ 56,545
▼ 89% vs 2022
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -9.7 million.
People and assets in 2023
18
▼ 4.5 vs 2022
Average over the fiscal year, from the social balance sheet.
€ 853,092
▼ 19% vs 2022
€ 47,400 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.
€ 3,430
▼ 78% vs 2022
Book value of vehicles, furniture and equipment.
Debts at end 2023
None
No bank loans on the last day of the fiscal year.
€ 1.2 million
▼ 89% vs 2022
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 41 days on average.
€ 324,708
▼ 3% vs 2022
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | Change 2022 → 2023 | |
|---|---|---|---|
| Revenue | € 15,640,062 | € 9,198,991 | ▼ 41% |
| Profit after taxes | € 297,485 | € -1,100,600 | ▼ € 1.4 million |
| Equity | € -3,061,898 | € -4,162,498 | ▼ € 1.1 million |
| Total debts | € 13,406,916 | € 9,879,065 | ▼ 26% |
| Cash | € 523,622 | € 56,545 | ▼ 89% |
| Retained profit | € -8,556,998 | € -9,657,598 | ▼ € 1.1 million |
| Bank debt | € 56,314 | € 0 | ▼ 100% |
| Balance sheet total | € 10,345,018 | € 5,716,567 | ▼ 45% |
| Employees (FTE) | 22.5 | 18 | ▼ 4.5 |
Key figures of S&S Belux, fiscal years 2022 to 2023, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2024 has not been filed yet; it was expected before 31 December 2024.
What happened to S&S Belux?
What happened at S&S Belux in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
S&S Belux is active according to the CBE. Legal situation: Opening faillissement.
- Thomas BERVOETS stepped down as director. NBB
- New annual accounts for financial year 2023: loss of € 1.1 million (▼ € 1.4 million vs 2022). filed late Source: NBB ↗
- Alain Brouckaert stepped down as director. NBB
- GAB MANAGEMENT BV stepped down as director. NBB
- Frederik Lukoff stepped down as director. NBB
- New establishment in Waterloo. KBO
- Thomas BERVOETS became a director. NBB
- Frederik Lukoff became a director. NBB
In short
From € 297,485 profit in 2022 to € 1.1 million loss in 2023.
Paid € 2,100 in corporate taxes since 2022.
Best year ever: 2022, with € 297,485 profit.
Pays suppliers within 41 days on average.
Management
The stake of G.A.B.CONTROLE HOLDING comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
S&S BeluxThe shares are held by S&S Europe BV (100%) and G.A.B.CONTROLE HOLDING (0%). It owns 100% of Maison 86 Luxembourg SA, 100% of N.V. Exit Twenty, 100% of GHENT TRADING, 100% of E-GAB and 100% of Go North itself.
Directors
According to the 2023 annual accounts
Frederik Lukoff
Director
since 2019 · until 2023
Alain Brouckaert
Director
since 2016 · until 2023
Managing director · represented by Alain Broekaert
Also active at: DERBYTT, ALBRO, SCARF, GROEP BROEKAERT Alain, ALTO, ALSPABRO, SWEET COTTON, G.A.B.CONTROLE HOLDING
since 2016 · until 2023
Thomas BERVOETS
Director
since 2021 · until 2027
Shareholders
S&S Europe BV
100%
Participations
Establishments
Establishment units
Physical locations of this company
Assesteenweg 96
1740 Ternat
Rue Saint-Jacques 9
5000 Namur
Active since 1 March 2015
Basiliekstraat 15
1500 Halle
Active since 23 November 2015
Walpoortstraat 1
9000 Gent
Active since 1 January 2016
Antoine Dansaertstraat 35
1000 Brussel
Active since 26 April 2017
Markt 87
1780 Wemmel
Active since 16 September 2019
Chaussée de Bruxelles 290
1410 Waterloo
Active since 1 August 2022
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 19 companies are registered at this address.
All companies at this address →PVH BELGIUM
ALBRO same network
€ 2.4 million revenue · 2024
GROEP BROEKAERT Alain same network
€ 2.4 million revenue · 2024
GAB International
€ 11.7 million revenue · 2024
ALTO same network
€ 376,739 revenue · 2024
+14 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
- 0806.891.035
- VAT number
- BE 0806.891.035
- Registered office
- Assesteenweg 96, 1740 Ternat
- Names & denominations
- S&S Belux
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Opening faillissement
- Start date
- 7 October 2008
- Peppol
- Not registered
- Activities · NACE
Groothandel in kleding, met uitzondering van werk- en onderkleding
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Detailhandel in baby- en kinderbovenkleding
Detailhandel in damesbovenkleding