Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 18 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
OLD RED BARN from Herentals, company number BE0542853075, closed financial year 2025 with a result of € -123,285 after tax. For that financial year OLD RED BARN recorded a gross margin of € 44,400 and equity of € 282,994. Compared with financial year 2024, the result moved from € 694 to € -123,285. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 31, 2026.
€ 282,994
▼ 30% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -123,285
▼ still € 694 profit in 2024
Profit after tax over the fiscal year.
€ 1,313
▼ 96% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 256,394.
People and assets in 2025
€ 34,035
▼ 2% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 41,120
▼ 25% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 395,507
▼ 17% vs 2024
€ 82,076 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 91,531
▼ 21% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 6,797
▼ 29% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 94,339 | € 162,831 | € 109,834 | € 44,400 | ▼ 60% |
| Profit after taxes | € 14,837 | € 32,524 | € 694 | € -123,285 | ▼ € 123,979 |
| Equity | € 373,061 | € 405,585 | € 406,279 | € 282,994 | ▼ 30% |
| Total debts | € 784,881 | € 748,900 | € 814,484 | € 708,628 | ▼ 13% |
| Cash | € 84,339 | € 1,503 | € 31,701 | € 1,313 | ▼ 96% |
| Land & buildings | € 588,526 | € 618,967 | € 591,963 | € 564,960 | ▼ 5% |
| Retained profit | € 346,461 | € 378,985 | € 379,679 | € 256,394 | ▼ 32% |
| Bank debt | € 501,619 | € 437,345 | € 475,442 | € 395,507 | ▼ 17% |
| Balance sheet total | € 1,157,942 | € 1,154,485 | € 1,220,763 | € 991,623 | ▼ 19% |
| Employees (FTE) | - | 1 | - | - |
Key figures of OLD RED BARN, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to OLD RED BARN?
What happened at OLD RED BARN in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 123,285 (▼ € 123,979 vs 2024). Source: NBB ↗
- Hoko BV became a director. NBB
- Leo Kortleven became a director. NBB
- New establishment in Herentals. KBO
- Start of the company according to the CBE. KBO
In short
From € 14,837 profit in 2022 to € 123,285 loss in 2025.
Paid € 18,857 in corporate taxes since 2022.
Best year ever: 2023, with € 32,524 profit.
On average € 162,800 of value added per employee in 2023.
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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 OLD RED BARN are Hoko BV and Leo Kortleven. Hoko BV is also behind IBA Immo, HS&P, I.B.A. Integraal bedrijfsadvies, IBA - T and IBA Holding.
Directors
According to the 2025 annual accounts
Director
Also active at: IBA Immo, HS&P, I.B.A. Integraal bedrijfsadvies, IBA - T, IBA Holding, IBA ANTWERPEN, BILMEYER, IBA Partners +1 more
since 2024
Leo Kortleven
Director
since 2016
Establishments
Establishment units
Physical locations of this company
Scheppersstraat(HRT) 21
2200 Herentals
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0542.853.075
- VAT number
- BE 0542.853.075
- Registered office
- Scheppersstraat(HRT) 21, 2200 Herentals
- Names & denominations
- OLD RED BARN
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 9 December 2013
- Peppol
- Active · Active since 27 Mar 2026
- Activities · NACE
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