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 2021 and 2023.
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Tight liquidity NBB
Cash and receivables cover 2 % 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
ABBYSLEEP from Zulte, company number BE0597611654, closed financial year 2023 with a result of € -376,383 after tax. For that financial year ABBYSLEEP recorded a gross margin of € 729,413 and equity of € 734,200. Compared with financial year 2021, the result moved from € -215,666 to € -376,383. The company made a loss. The buffer shrank hard: equity is 55 % below last year. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on September 27, 2024.
€ 734,200
▼ 55% vs 2021
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -376,383
▼ 75 % more loss than in 2021
Profit after tax over the fiscal year.
€ 14,223
▼ 5% vs 2021
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -985,800.
People and assets in 2023
9.2
▲ 7.2 vs 2021
Average over the fiscal year, from the social balance sheet.
€ 474,494
▲ € 389,011 vs 2021
€ 51,600 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.
€ 77,938
▲ € 61,317 vs 2021
Book value of vehicles, furniture and equipment.
Debts at end 2023
€ 2.1 million
▲ 37% vs 2021
€ 113,783 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 490,207
▲ € 427,934 vs 2021
Supplier invoices still open on the last day of the fiscal year.
€ 266,945
▲ € 245,108 vs 2021
Taxes, VAT and social contributions still to pay.
| 2021 | 2023 | Change 2021 → 2023 | |
|---|---|---|---|
| Gross margin | € -66,552 | € 729,413 | ▲ € 795,965 |
| Profit after taxes | € -215,666 | € -376,383 | ▼ € 160,717 |
| Equity | € 1,614,060 | € 734,200 | ▼ 55% |
| Total debts | € 1,952,492 | € 4,050,334 | ▲ 107% |
| Cash | € 14,936 | € 14,223 | ▼ 5% |
| Retained profit | € -105,940 | € -985,800 | ▼ € 879,860 |
| Bank debt | € 1,547,479 | € 2,119,516 | ▲ 37% |
| Balance sheet total | € 3,566,552 | € 4,784,534 | ▲ 34% |
| Employees (FTE) | 2 | 9.2 | ▲ 7.2 |
Key figures of ABBYSLEEP, 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.
What happened to ABBYSLEEP?
What happened at ABBYSLEEP in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
ABBYSLEEP is active according to the CBE. Legal situation: Opening faillissement.
- New annual accounts for financial year 2023: loss of € 376,383. filed late Source: NBB ↗
- New establishment in Zulte. KBO
- New establishment in Oostkamp. KBO
- New establishment in Dendermonde. KBO
- New establishment in Zulte. KBO
- Start of the company according to the CBE. KBO
In short
From € 215,666 loss in 2021 to € 376,383 loss in 2023.
Paid € 1,542 in corporate taxes since 2021.
On average € 79,300 of value added per employee in 2023.
Management
Behind ABBYSLEEP is Frank Herpol. Frank Herpol is also behind Fiore design.
Directors
According to the 2023 annual accounts
Establishments
Establishment units
Physical locations of this company
Karreweg K17B
9870 Zulte
Karreweg k 41
9870 Zulte
Active since 13 January 2015
Karreweg K17 box B
9870 Zulte
Active since 20 January 2023
Legeweg 121
8020 Oostkamp
Active since 21 December 2022
Zeelsebaan (GRE) 83 Z
9200 Dendermonde
Active since 21 December 2022
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0597.611.654
- VAT number
- BE 0597.611.654
- Registered office
- Karreweg K17B, 9870 Zulte
- Names & denominations
- ABBYSLEEP
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Opening faillissement
- Start date
- 13 January 2015
- Peppol
- Not registered
- Activities · NACE
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