OPENING OF BANKRUPTCY

G.A.B. LUXURY

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Company — Opening of bankruptcy.

Strike-off: 02 juillet 2026

Financial year 2024 · Closed on 31/12/2024

Net result-638,8 k €-27,6 %over 1 year
Revenue469,6 k €-69,2 %over 1 year
Equity-1,5 M €-78,0 %over 1 year

Identity

Source · BCE/KBO

G.A.B. LUXURY is a Public limited company incorporated in 2011. Its main activity is: Retail sale of textiles in specialised stores. Its registered office is in Ternat.

Legal situation
Opening of bankruptcy
BCE/KBO no. / VAT
BE 0834.316.103
Incorporation
07/03/2011
Legal form
Public limited company
Registered office
Assesteenweg 96
1740 Ternat · FlandreSee on map
Contributed capital
67 283,13 €
Latest accounts
31/12/2024
Joint committees (1)
  • 218
Signals
Healthy social debts

Financials

Source · NBB, 15 filings

Trend over 14 financial years

20242023202220212020
Income statement
Revenue469,6 k €1,5 M €1,2 M €384,5 k €322,6 k €
EBITDA-183,6 k €-379,3 k €-321 k €14,2 k €520,1 k €
Operating result-624,6 k €-468,9 k €-349,8 k €7,7 k €520 k €
Net result-638,8 k €-500,5 k €-378,8 k €-5,9 k €517,5 k €
Balance sheet
Equity-1,5 M €-819,2 k €-318,7 k €60,1 k €-2,5 M €
Total assets759 k €765,7 k €1,4 M €771,1 k €353,2 k €
Cash60 k €40 k €45 k €70,6 k €27,2 k €
Debts2,2 M €1,6 M €1,7 M €711 k €2,8 M €
Other
Workforce–5,4 ETP7,2 ETP1,3 ETP–

Board of directors

Source · NBB, accounts to 31/12/2024

2 active · 4 ended

Active mandates

GAB MANAGEMENT

Mandate · 0897.667.593

Represented by Alain Broekaert

Active
LVAB HOLDING

Mandate · 0833.997.486

Represented by Alain Broekaert

Active

Ended mandates

LVAB HOLDING

Director · since 24 février 2017 · until 24 février 2023 · 0833.997.486

Represented by ALAIN BROEKAERT

Ended
Callens, Vandelanotte & Theunissen

Registered auditor · 0427.897.088

Represented by Ken SNOEKS

Ended
GAB MANAGEMENT

Director · 0897.667.593

Represented by Alain Broekaert

Ended
JHC Invest

Director

Represented by Frank Bamelis

Ended

Other companies at this address

Assesteenweg 96 1740 Ternat
CompanyCBE no.
ALBRI● Bankrupt
0568.985.469
ALBRO● Active
0440.114.041
ALSPABRO● Active
0666.744.148
ALTO● Active
0456.851.192
CAP'N CRUNCH● Active
0870.971.611
E-GAB● Bankrupt
0839.007.933
FASHION BRICKS● Active
0721.869.941
GAB86● Active
0834.319.764
G.A.B.CONTROLE HOLDING● Active
0885.701.456
GAB International● Bankrupt
0456.810.909
GAB MANAGEMENT● Bankrupt
0897.667.593
GHENT TRADING● Bankrupt
0836.419.221
Go North● Bankrupt
0644.447.709
GROEP BROEKAERT Alain● Bankrupt
0456.622.946
ONE AGENCY● Active
0764.433.046
PVH BELGIUM● Active
0426.563.834
SCALPERS BENELUX● Bankrupt
1009.964.493
S&S Belux● Bankrupt
0806.891.035
SWEET COTTON● Bankrupt
0834.310.658

Full financial information

Source · NBB
202420232022202120202019
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelFull model
Start of the financial year01/01/202401/01/202301/01/202201/01/202101/01/202001/01/2019
Closing of the financial year31/12/202431/12/202331/12/202231/12/202131/12/202031/12/2019
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date09/12/202508/10/202419/08/202307/07/202207/07/202116/07/2020
General meeting24/10/202528/06/202430/06/202327/06/202225/06/202110/07/2020
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 15 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202424/10/202509/12/2025DutchPDF
Abridged model31/12/202328/06/202408/10/2024DutchPDF
Abridged model31/12/202230/06/202319/08/2023DutchPDF
Abridged model31/12/202127/06/202207/07/2022DutchPDF
Abridged model31/12/202025/06/202107/07/2021DutchPDF
Full model31/12/201910/07/202016/07/2020DutchPDF
Full modelCorrection31/12/201828/06/201917/12/2019DutchPDF
Full model31/12/201828/06/201929/07/2019DutchPDF
Full model31/12/201729/06/201809/07/2018DutchPDF
Full model31/12/201628/06/201703/07/2017DutchPDF
Full model31/12/201524/06/201612/08/2016DutchPDF
Full model31/12/201411/06/201513/08/2015DutchPDF
Full model31/12/201325/08/201426/08/2014DutchPDF
Full model31/12/201224/09/201302/10/2013DutchPDF
Full model31/12/201129/06/201217/08/2012DutchPDF

Indicative valuation

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan
Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Board of directors

Source · NBB, accounts to 31/12/2024

2 active · 4 ended

Active mandates

GAB MANAGEMENT

Mandate · 0897.667.593

Represented by Alain Broekaert

Active
LVAB HOLDING

Mandate · 0833.997.486

Represented by Alain Broekaert

Active

Ended mandates

LVAB HOLDING

Director · since 24 février 2017 · until 24 février 2023 · 0833.997.486

Represented by ALAIN BROEKAERT

Ended
Callens, Vandelanotte & Theunissen

Registered auditor · 0427.897.088

Represented by Ken SNOEKS

Ended
GAB MANAGEMENT

Director · 0897.667.593

Represented by Alain Broekaert

Ended
JHC Invest

Director

Represented by Frank Bamelis

Ended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates04/05/2021
    KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates17/01/2018
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates13/06/2017
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates07/09/2015
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates23/08/2012
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other06/07/2011
    BENAMING
    PDF
  • Other17/03/2011
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 2024
    Annual accounts 2024-638,8 k €↓
  2. 2023
    Annual accounts 2023-500,5 k €↓
  3. 2022
    Annual accounts 2022-378,8 k €↓
  4. 2021
    Annual accounts 2021-5,9 k €↓
  5. 2020
    Annual accounts 2020517,5 k €↑
  6. 2019
    Annual accounts 2019-253,9 k €↓
  7. 2018
    Annual accounts 201830,5 k €↑
  8. 2017
    Annual accounts 2017-140 k €↓
  9. 2016
    Annual accounts 201652,2 k €↑
  10. 2015
    Annual accounts 2015-663,9 k €↑
  11. 2014
    Annual accounts 2014-948,1 k €↓
  12. 2013
    Annual accounts 2013-140,8 k €↑
  13. 2012
    Annual accounts 2012-792,3 k €↓
  14. 2011
    Annual accounts 2011-202,3 k €
  15. 07/03/2011
    IncorporationPublic limited company