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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Negative equity NBB
More debt than assets in 2 of the last 2 fiscal years.
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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 3 % of short-term debt in 2023; threshold 65 %.
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Annual account missing NBB
Fiscal year 2024 was expected before 30 January 2025 and has not been filed.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2023
TORREELE from Herent, company number BE0466550105, closed financial year 2023 with a result of € -6,328 after tax. For that financial year TORREELE recorded a gross margin of € -2,720 and equity of € -71,430. Compared with financial year 2022, the result moved from € -12,484 to € -6,328. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on February 19, 2024.
€ -71,430
▼ € 6,328 vs 2022
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -6,328
▲ 49 % less loss than in 2022
Profit after tax over the fiscal year.
Loss, nothing to pay out
Reserves fell to € -90,030.
People and assets in 2023
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 1,167
Book value of vehicles, furniture and equipment.
Debts at end 2023
€ 12,798
▲ 109% vs 2022
Loans from banks and other lenders, long and short.
€ 23,593
▼ 43% vs 2022
Supplier invoices still open on the last day of the fiscal year.
€ 910
▲ € 885 vs 2022
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | Change 2022 → 2023 | |
|---|---|---|---|
| Gross margin | € -759 | € -2,720 | ▼ € 1,961 |
| Profit after taxes | € -12,484 | € -6,328 | ▲ € 6,155 |
| Equity | € -65,102 | € -71,430 | ▼ € 6,328 |
| Total debts | € 81,104 | € 81,209 | |
| Retained profit | € -83,702 | € -90,030 | ▼ € 6,328 |
| Bank debt | € 6,118 | € 12,798 | ▲ 109% |
| Balance sheet total | € 16,002 | € 9,779 | ▼ 39% |
Key figures of TORREELE, fiscal years 2022 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 30 January 2025.
What happened to TORREELE?
What happened at TORREELE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2023: loss of € 6,328. filed late Source: NBB ↗
- New establishment in Herent. KBO
- Ivo Torreele became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 12,484 loss in 2022 to € 6,328 loss in 2023.
Management
Behind TORREELE is Ivo Torreele.
Directors
According to the 2023 annual accounts
Ivo Torreele
Director
since 1999
Establishments
Establishment units
Physical locations of this company
Mechelsesteenweg 1017
3020 Herent
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0466.550.105
- VAT number
- BE 0466.550.105
- Registered office
- Mechelsesteenweg 1017, 3020 Herent
- Names & denominations
- TORREELE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 28 July 1999
- Peppol
- Not registered
- Activities · NACE
Schrijnwerk
Metaalschrijnwerk
Terugwinning van materialen uit afval
Vervaardiging van metalen deuren en vensters
Vervaardiging van metalen ramen, deuren, wanden en dergelijke
Recycling van metaalafval
Terugwinning van metaalafval