About Exit Twenty
Exit Twenty is a public limited company (NV/SA) based in Waregem, founded in 1988. According to the company register, Exit Twenty has the status "Opening faillissement". Its main activity is classified as "Groothandel in kleding, met uitzondering van werk- en onderkleding". For the 2023 financial year, Exit Twenty reported a loss of €271,236. A year earlier, in 2022, it still made a profit of €147,281. Revenue was not published, which is common for abbreviated accounts. The gross margin came to €505,845, down 27% on 2022. It employed an average of 5.4 full-time equivalents. Equity stands at €763,318, a solvency ratio of 64%. In 2006 it was €1 million. 18 annual accounts are available, covering 2006 to 2023.
- Sectors
- Wholesalers
- Signals
-
Juridical warningJuridical warning
The legal status points to elevated risk (e.g. dissolution or bankruptcy).
Reporting lossesReporting losses € -264KThe company reported a loss in the latest financial year.
Negative cashflowNegative cashflow € -268KOperating cash flow was negative in the latest financial year.
Negative EBITDANegative EBITDA € -261KEBITDA is negative: operating activities are loss-making.
Strong equityStrong equity € 763KStrong equity provides a buffer against setbacks.
Low riskLow risk 63.7%Good solvency (> 30%) points to long-term financial stability.
Good liquidityGood liquidity 2.67A healthy current ratio (≥ 1.5): enough current assets to cover short-term debt.
Healthy social debtHealthy social debt 17.5%Social debts stay manageable relative to personnel costs.
- Shareholders
- S&S Belux 100%
Financial ratios
|
|
2023
|
2022
|
2021
|
2020
|
|---|---|---|---|---|
|
€
506K
|
€
697K
|
|
|
|
|
€
-261K
|
€
65K
|
€
64K
|
€
267K
|
|
|
€
-271K
|
€
147K
|
€
375K
|
€
-79K
|
|
|
€
763K
|
€
1.03M
|
€
887K
|
€
512K
|
|
|
63.73%
|
84.59%
|
81.73%
|
62.11%
|
|
|
€
434K
|
€
188K
|
€
198K
|
€
313K
|
|
|
€
47K
|
€
55K
|
€
82K
|
€
37K
|
|
|
5.40
|
10.30
|
12.50
|
11.40
|
Publications 49
All publications- Rubriek Einde (Stopzetting, Intrekking Stopzetting, Nietigheid, Ger. Ak., Gerechtelijke Reorganisatie, Enz... 02/07/2024
- Ontslagen - Benoemingen 07/08/2023
- Statuten (Vertaling, Cordinatie, Overige Wijzigingen, ) - Ontslagen - Benoemingen 22/06/2023
- Ontslagen - Benoemingen 17/02/2021
- Ontslagen - Benoemingen 01/07/2020
Frequently asked questions
Answers to the most common questions about Exit Twenty, based on official government data and the filed annual accounts.
What is the VAT number of Exit Twenty?
The VAT number of Exit Twenty is BE0434.844.466.
How many employees work at Exit Twenty?
In 2023, Exit Twenty employed 5.40 full-time equivalents (FTE).
When was Exit Twenty established?
Exit Twenty was founded in 15-07-1988.
What is the official address of Exit Twenty?
The official address of Exit Twenty is Kortrijkseweg 78 Waregem 8791.
What is the legal form of Exit Twenty?
The juridical form of Exit Twenty is Public limited company (NV/SA).
What is the annual revenue of Exit Twenty?
The 2023 accounts of Exit Twenty do not report revenue. Smaller companies that file abbreviated accounts are not required to publish it.
Is Exit Twenty a reliable company?
Exit Twenty is a registered Rechtspersoon with company number 0434.844.466 and can be verified through the official CBE database.
What is the credit limit of Exit Twenty?
The estimated credit limit of Exit Twenty is €37,212.
Is Exit Twenty still active?
Exit Twenty currently has the status "Opening faillissement" and is not active.