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 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2023 and 2025.
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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 2025
SWEET COTTON from Ternat, company number BE0834310658, closed financial year 2025 with a result of € -227,867 after tax. For that financial year SWEET COTTON recorded revenue of € 5.1 million and equity of € -225,929. Compared with financial year 2023, the result moved from € -2,966 to € -227,867. 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 January 29, 2026.
€ -225,929
▼ € 227,867 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -227,867
▼ 7582 % more loss than in 2023
Profit after tax over the fiscal year.
€ 47,054
▲ € 45,452 vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -537,929.
People and assets in 2025
18
Average over the fiscal year, from the social balance sheet.
€ 1.4 million
▲ € 1.3 million vs 2023
€ 78,000 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.
€ 15,063
▲ € 14,715 vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 12,174
Loans from banks and other lenders, long and short.
€ 299,106
▲ € 261,513 vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 1.1 million
▲ € 1.1 million vs 2023
Taxes, VAT and social contributions still to pay.
| 2021 | 2022 | 2023 | 2025 | Change 2023 → 2025 | |
|---|---|---|---|---|---|
| Revenue | - | - | € 119,133 | € 5,126,542 | ▲ € 5 million |
| Gross margin | € 30,125 | € 428 | € 63,437 | € 1,317,962 | ▲ € 1.3 million |
| Profit after taxes | € -12,863 | € -8,401 | € -2,966 | € -227,867 | ▼ € 224,900 |
| Equity | € 13,305 | € 4,904 | € 1,937 | € -225,929 | ▼ € 227,867 |
| Total debts | € 97,659 | € 114,621 | € 111,620 | € 1,424,442 | ▲ € 1.3 million |
| Cash | € 1,808 | € 9,176 | € 1,602 | € 47,054 | ▲ € 45,452 |
| Retained profit | € -298,695 | € -307,096 | € -310,063 | € -537,929 | ▼ € 227,867 |
| Bank debt | € 0 | € 0 | € 0 | € 12,174 | |
| Balance sheet total | € 110,964 | € 119,524 | € 113,557 | € 1,198,513 | ▲ € 1.1 million |
| Employees (FTE) | 1 | 1 | - | 18 |
Key figures of SWEET COTTON, fiscal years 2021 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to SWEET COTTON?
What happened at SWEET COTTON in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
SWEET COTTON is active according to the CBE. Legal situation: Opening faillissement.
- New annual accounts for financial year 2025: loss of € 227,867. Source: NBB ↗
- New establishment in Roeselare. KBO
- New establishment in Knokke-Heist. KBO
- New establishment in Nieuwpoort. KBO
- New establishment in Brugge. KBO
- New establishment in Brasschaat. KBO
- New establishment in Halle. KBO
- New establishment in Antwerpen. KBO
In short
From € 12,863 loss in 2021 to € 227,867 loss in 2025.
Paid € 734 in corporate taxes since 2021.
On average € 73,200 of value added per employee in 2025.
Management
Behind SWEET COTTON are LVAB Holding and Gab management . The shares are held by Gab controle holding.
Directors
According to the 2025 annual accounts
Director · represented by alain BROEKAERT
Director · represented by alain broekaert
Also active at: DERBYTT, ALBRO, SCARF, GROEP BROEKAERT Alain, ALTO, ALSPABRO, G.A.B.CONTROLE HOLDING
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Assesteenweg 96
1740 Ternat
Nieuwstraat 111
1000 Brussel
Active since 1 February 2015
Lippenslaan 171
8300 Knokke-Heist
Active since 1 August 2024
Albert I laan 174/A
8620 Nieuwpoort
Active since 1 August 2024
Noordzandstraat 21
8000 Brugge
Active since 1 August 2024
Bredabaan 248
2930 Brasschaat
Active since 1 August 2024
Basiliekstraat 15
1500 Halle
Active since 1 August 2024
Lombardenvest 34
2000 Antwerpen
Active since 1 August 2024
Steenpoort(Kor) 2
8500 Kortrijk
Active since 1 August 2024
Walpoortstraat 1
9000 Gent
Active since 1 August 2024
Markt 87
1780 Wemmel
Active since 1 August 2024
Ooststraat 96
8800 Roeselare
Active since 17 November 2025
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
- 0834.310.658
- VAT number
- BE 0834.310.658
- Registered office
- Assesteenweg 96, 1740 Ternat
- Names & denominations
- SWEET COTTON
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Opening faillissement
- Start date
- 7 March 2011
- Peppol
- Active · Active since 10 Aug 2026
- Contact
- [email protected]
- Activities · NACE
Groothandel in kleding, met uitzondering van werk- en onderkleding
Detailhandel in overig textiel