Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Legal situation KBO
Opening faillissement according to the CBE.
Financials
Financial year 2022
SOUTH RESEARCH from Leuven, company number BE0429809077, closed financial year 2022 with a result of € -97,317 after tax. For that financial year SOUTH RESEARCH recorded a gross margin of € 121,740 and equity of € 70,628. Compared with financial year 2021, the result moved from € 5,289 to € -97,317. The company made a loss. The buffer shrank hard: equity is 58 % below last year. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on August 28, 2023.
€ 70,628
▼ 58% vs 2021
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -97,317
▼ still € 5,289 profit in 2021
Profit after tax over the fiscal year.
€ 100,157
▼ 33% vs 2021
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 58,128.
People and assets in 2022
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 223,858
▲ 16% vs 2021
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 4,451
▲ € 4,344 vs 2021
Book value of vehicles, furniture and equipment.
Debts at end 2022
None
No bank loans on the last day of the fiscal year.
€ 7,926
▼ 79% vs 2021
Supplier invoices still open on the last day of the fiscal year.
€ 39,963
▲ 9% vs 2021
Taxes, VAT and social contributions still to pay.
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| 2021 | 2022 | Change 2021 → 2022 | |
|---|---|---|---|
| Gross margin | € 196,919 | € 121,740 | ▼ 38% |
| Profit after taxes | € 5,289 | € -97,317 | ▼ € 102,606 |
| Equity | € 167,945 | € 70,628 | ▼ 58% |
| Total debts | € 81,640 | € 53,166 | ▼ 35% |
| Cash | € 149,419 | € 100,157 | ▼ 33% |
| Retained profit | € 155,445 | € 58,128 | ▼ 63% |
| Balance sheet total | € 249,585 | € 123,794 | ▼ 50% |
Key figures of SOUTH RESEARCH, fiscal years 2021 to 2022, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2023 has not been filed yet; it was expected before 31 July 2024.
What happened to SOUTH RESEARCH?
What happened at SOUTH RESEARCH in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
SOUTH RESEARCH is active according to the CBE. Legal situation: Opening faillissement.
- New annual accounts for financial year 2022: loss of € 97,317 (▼ € 102,606 vs 2021). filed late Source: NBB ↗
- Dirk Van Esbroeck became a director. NBB
- New establishment in Leuven. KBO
- Start of the company according to the CBE. KBO
In short
From € 5,289 profit in 2021 to € 97,317 loss in 2022.
Best year ever: 2021, with € 5,289 profit.
A new publication or filing at SOUTH RESEARCH? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind SOUTH RESEARCH is Dirk Van Esbroeck. Dirk Van Esbroeck is also behind HOUT LEEFT, DE WERKTITEL and Be SOFA.
Directors
According to the 2022 annual accounts
since 2019
Establishments
Establishment units
Physical locations of this company
Leuvensestraat 5 box 2
3010 Leuven
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 4 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0429.809.077
- VAT number
- BE 0429.809.077
- Registered office
- Leuvensestraat 5 bus 2, 3010 Leuven
- Names & denominations
- SOUTH RESEARCH
- Enterprise type
- Rechtspersoon
- Legal form
- Coöperatieve vennootschap met beperkte aansprakelijkheid met een sociaal oogmerk
- Legal situation
- Opening faillissement
- Start date
- 6 August 1984
- Peppol
- Not registered