Bankrupt · Opening faillissement (CBE)

S&S Belux

BE0806891035

Rechtspersoon Public limited company 7 establishments

S&S Belux is a wholesaler in Ternat. Public Limited, started on 7 October 2008, 7 establishments.

Assesteenweg 96, 1740 Ternat

Start date

7 October 2008

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.

  • Tight liquidity NBB

    Cash and receivables cover 45 % of short-term debt in 2023; threshold 65 %.

  • Busy address KBO

    19 other companies have their registered office at the same address; threshold 10.

  • 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.

What it is worth Caution

€ -4.2 million

▼ € 1.1 million vs 2022

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

Loss Caution

€ -1.1 million

▼ still € 297,485 profit in 2022

Profit after tax over the fiscal year.

Cash in the bank

€ 56,545

▼ 89% vs 2022

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 € -9.7 million.

People and assets in 2023

Full-time equivalents

18

▼ 4.5 vs 2022

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 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.

Vehicles and equipment

€ 3,430

▼ 78% vs 2022

Book value of vehicles, furniture and equipment.

Debts at end 2023

Bank debt

None

No bank loans on the last day of the fiscal year.

Owed to suppliers

€ 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.

Taxes and wages

€ 324,708

▼ 3% vs 2022

Taxes, VAT and social contributions still to pay.

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Key figures per fiscal year Download key figures (CSV)
20222023Change 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

S&S Europe BV 100%

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 Belux
Maison 86 Luxembourg SA 100%
E-GAB 100%
+1

The 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.

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Directors

According to the 2023 annual accounts

Frederik Lukoff

Director

since 2019 · until 2023

Alain Brouckaert

Director

since 2016 · until 2023

GAB MANAGEMENT BV

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

Maison 86 Luxembourg SA

100%

E-GAB

100%

Establishments

Establishment units

Physical locations of this company

Registered office

Assesteenweg 96

1740 Ternat

2.239.310.326

Rue Saint-Jacques 9

5000 Namur

Active since 1 March 2015

2.244.347.594

Basiliekstraat 15

1500 Halle

Active since 23 November 2015

2.248.388.833

Walpoortstraat 1

9000 Gent

Active since 1 January 2016

2.260.567.776

Antoine Dansaertstraat 35

1000 Brussel

Active since 26 April 2017

2.292.854.524

Markt 87

1780 Wemmel

Active since 16 September 2019

2.333.154.658

Chaussée de Bruxelles 290

1410 Waterloo

Active since 1 August 2022

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

Detailhandel in herenbovenkleding

Detailhandel in baby- en kinderbovenkleding

Detailhandel in damesbovenkleding

Frequently asked questions

What does S&S Belux do?
S&S Belux is a wholesaler in Ternat. Public Limited, started on 7 October 2008, 7 establishments.
What is the address of S&S Belux?
The registered office of S&S Belux is located at Assesteenweg 96, 1740 Ternat.
Is S&S Belux still active?
No. The CBE lists S&S Belux 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 S&S Belux registered on Peppol?
No, S&S Belux is currently not registered on the Peppol network.
What is the enterprise number of S&S Belux?
The enterprise number of S&S Belux is BE0806891035.
When was S&S Belux founded?
S&S Belux was founded on 7 October 2008.