Vonban Swiss: Schick’s accounts and Zolved Luxembourg’s liquidation

analysisSchick Holding S.à r.l.’s 2024 accounts report assets of EUR2,362,945.46, including cash of EUR22,311.71, and equity of EUR356,816.46. The year’s loss was EUR42,810.83, following EUR17,972.71 in 2023. Investments in affiliated undertakings rose from EUR1,813,500 to EUR1,926,500. The accounts also show EUR260,000 due from affiliated undertakings and EUR92,000 in the combined shareholders-and-directors receivables category. The tables do not identify every investee or debtor. The combined receivables category does not justify naming a particular director as borrower; a separate note expressly states that no loans or advances were granted to board members. The share-premium balance rose by EUR342,600 in the year, so the EUR43,500 premium in the September Lexum deed is not the entire annual increase. ¹

analysisThe Luxembourg Zolved S.à r.l., B272601, was incorporated by deed on 24 October 2022. On 21 January 2025 its sole shareholder, Schick Holding S.à r.l., resolved to dissolve it and place it in voluntary liquidation, appointing Hawarian as liquidator. The company is separate from ZOLVED LTD in Cyprus, the proprietor of the VONBAN word mark. Voluntary liquidation is not described as a bankruptcy judgment. A generic active label in a directory does not erase the explicit dissolution deed, and the record does not establish that liquidation had completed by the archive cutoff. ^{2 3}

analysisThe retained financial summary for Luxembourg Zolved reports a 2023 loss of about EUR113,000, equity of minus EUR26,600 and cash of about EUR1,550. Its 2022 figures instead show a profit of about EUR24,300, equity and cash around EUR86,800, and revenue around EUR40,000. These rounded figures are a secondary financial summary for this company and these periods. They do not establish Vonban’s financial position or the legal reason for Zolved’s later voluntary liquidation. ⁴