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LUXURY OUTLET GROUP

Open bankruptcy
Private limited company (pre-2019)founded 2018Kemelstraat 8, 8000 Brugge, BelgiumKBO/BCE: BE 0688.845.993

A bankruptcy procedure is open for LUXURY OUTLET GROUP according to publications in the Belgian State Gazette; curator: LAURENT SAMYN.

Summary

The 2019 annual accounts show negative equity (€-409k) and a net result of €-568k.

Signals

Two signals.
+raises risk
raises risk · Register: open bankruptcy
The KBO register records the legal situation: open bankruptcy. This is today's state according to the register itself; the register carries no start date.
KBO · legal situation
raises risk · Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Belgian State Gazette
Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2019, micro schema

Equity
€-409k
Total assets
€223k
Net result
€-568k
Working capital
€-127k

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition
Assets €223k
Fixed assets €177k
Current assets €46k
Key figures and ratios
2019 value
EBITDA
€-436k
Cash flow
€-450k
Solvency
-183.6%
Current ratio
0.27
Debt to equity
-1.12
ROA
-254.7%
Debt
€633k
Debt ≤ 1 year
€173k
Debt > 1 year
€460k
Filed annual accounts As filed with the NBB · 2019 · 21 lines
Balance sheet Code2019
Assets
Total assets20/58€223k
Fixed assets21/28€177k
Intangible fixed assets21€176k
Tangible fixed assets22/27€2k
Current assets29/58€46k
Amounts receivable within one year40/41€32k
Cash at bank and in hand54/58€14k
Equity and liabilities
Total equity and liabilities10/49€223k
Equity10/15€-409k
Profit (loss) carried forward14€-568k
Amounts payable17/49€633k
Amounts payable after more than one year17€460k
Amounts payable within one year42/48€173k
Trade debts44€123k
Income statement Code2019
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€118k
Gross operating margin9900€-360k
Operating profit (loss)9901€-554k
Recurring financial charges65€14k
Profit (loss) for the period before taxes9903€-568k
Profit (loss) for the period9904€-568k
Profit (loss) for the period to be appropriated9905€-568k

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Timeline · acts, filings and financial milestones

2022
07-10
Bankruptcy Opening
Ondernemingsrechtbank Gent, afdeling Brugge · LUXURY OUTLET GROUP BV KEMELSTRAAT 8, 8000 BRUGGE · event 26-09-2022
2021
14-10
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 440 days late
SignalNBB filing

Directors · office · real estate

Directors
5 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Brugge · 1 establishment unit since 2018
establishment The establishment unit on the map
Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Kemelstraat 88000 Brugge
Ground area
128 m²
Building footprint
120 m²
Volume, LiDAR
802 m³
Parcel 31804D0543/00B000, Flanders · tallest building 10.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
LUXURY OUTLET GROUP
Kemelstraat 8, 8000 BruggeComputing infrastructure, data processing, hosting and other information service activities
since 20182.272.882.917
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
31804D0543/00B000 Flanders 128 m² 1 · 120 m² 10.1 m · 2 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Insolvency mandates

1 mandate
Role Name Tenure
Curator LAURENT SAMYN
MEXICOSTRAAT 8, 8730 BEERNEM-
26-09-2022present

Company data · Crossroads Bank

Identification
Legal formPrivate limited company (pre-2019)
Founded24-01-2018
Fiscal year end31-12
Sources
Crossroads Bank for EnterprisesNational Bank · 1 filingAddress and cadastre registers

Scores and ratios are computed by Checked and are not a credit decision.

Contact details

3 entries
Enterprise
E-mail:steven@luxury-outlet.eu
Enterprise
Phone:+3256197577
Enterprise