Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Two loss years in a row NBB
Negative result in 2022 and 2023.
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Tight liquidity NBB
Cash and receivables cover 12 % of short-term debt in 2023; threshold 65 %.
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Legal situation KBO
Opening faillissement according to the CBE.
Financials
Financial year 2023
HUYGHE DEKORATIE from Sint-Niklaas, company number BE0445601667, closed financial year 2023 with a result of € -595,836 after tax. For that financial year HUYGHE DEKORATIE recorded a gross margin of € -146,451 and equity of € 21,644. Compared with financial year 2022, the result moved from € -134,276 to € -595,836. The company made a loss. The buffer shrank hard: equity is 96 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 23, 2024.
€ 21,644
▼ 96% vs 2022
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -595,836
▼ 344 % more loss than in 2022
Profit after tax over the fiscal year.
€ 68,705
▲ 7% vs 2022
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -28,449.
People and assets in 2023
8.9
▼ 1.7 vs 2022
Average over the fiscal year, from the social balance sheet.
€ 499,720
▼ 14% vs 2022
€ 56,100 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 8,055
▼ 25% vs 2022
Book value of vehicles, furniture and equipment.
Debts at end 2023
€ 871,576
▲ 11% vs 2022
€ 25,792 is repaid this year. At this pace the long-term loan is gone in ≈ 12 years.
€ 204,860
▼ 72% vs 2022
Supplier invoices still open on the last day of the fiscal year.
€ 24,146
▲ 10% vs 2022
Taxes, VAT and social contributions still to pay.
| 2021 | 2022 | 2023 | Change 2022 → 2023 | |
|---|---|---|---|---|
| Gross margin | € 565,440 | € 400,539 | € -146,451 | ▼ € 546,990 |
| Profit after taxes | € 64,170 | € -134,276 | € -595,836 | ▼ € 461,560 |
| Equity | € 751,757 | € 617,480 | € 21,644 | ▼ 96% |
| Total debts | € 1,468,073 | € 1,539,720 | € 1,123,961 | ▼ 27% |
| Cash | € 544,527 | € 64,349 | € 68,705 | ▲ 7% |
| Land & buildings | € 133 | € 99 | € 66 | ▼ 33% |
| Retained profit | € 701,663 | € 567,387 | € -28,449 | ▼ € 595,836 |
| Dividend | € 375,000 | € 0 | € 0 | |
| Bank debt | € 549,393 | € 786,896 | € 871,576 | ▲ 11% |
| Balance sheet total | € 2,219,829 | € 2,157,200 | € 1,145,606 | ▼ 47% |
| Employees (FTE) | 9.1 | 10.6 | 8.9 | ▼ 1.7 |
By gross margin, HUYGHE DEKORATIE ranks 12th of 12 companies with main activity “Overige werkzaamheden in verband met de afwerking van gebouwen” in Sint-Niklaas that publish figures (fiscal year 2023).
Key figures of HUYGHE DEKORATIE, fiscal years 2021 to 2023, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2024 has not been filed yet; it was expected before 31 July 2025.
Ask about HUYGHE DEKORATIE the way you would ask their accountant.
Answers from the filed annual accounts, the Belgian Official Gazette and the CBE register.
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What happened to HUYGHE DEKORATIE?
What happened at HUYGHE DEKORATIE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
HUYGHE DEKORATIE is active according to the CBE. Legal situation: Opening faillissement.
- New annual accounts for financial year 2023: loss of € 595,836. Source: NBB ↗
- Insight-In BV became a director. NBB
- New establishment in Sint-Niklaas. KBO
- Start of the company according to the CBE. KBO
In short
From € 64,170 profit in 2021 to € 595,836 loss in 2023.
Paid € 527 in corporate taxes since 2021.
Best year ever: 2021, with € 64,170 profit.
On average € 37,800 of value added per employee in 2022.
Management
The stake of INSIGHT-IN comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
HUYGHE DEKORATIEBehind HUYGHE DEKORATIE is Insight-In BV. The shares are held by INSIGHT-IN (100%).
Directors
According to the 2023 annual accounts
since 2021
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Atomiumstraat 6
9100 Sint-Niklaas
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 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.
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Details
- Company number
- 0445.601.667
- VAT number
- BE 0445.601.667
- Registered office
- Atomiumstraat 6, 9100 Sint-Niklaas
- Names & denominations
- HUYGHE DEKORATIE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Opening faillissement
- Start date
- 5 November 1991
- Peppol
- Not registered
- Activities · NACE
Overige werkzaamheden in verband met de afwerking van gebouwen
Plaatsen van behang en vloerbedekking en wandbekleding van andere materialen
Schilderen van gebouwen
Detailhandel in verlichtingsartikelen
Detailhandel in huismeubilair
Detailhandel in verlichtingsartikelen in gespecialiseerde winkels
Detailhandel in huismeubilair in gespecialiseerde winkels