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 2023 and 2024.
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Late annual account NBB
Fiscal year 2024 was filed 244 days after the legal deadline.
Financials
Financial year 2024
SEVEN BAGS from Oupeye, company number BE0642828106, closed financial year 2024 with a result of € -9,577 after tax. For that financial year SEVEN BAGS recorded revenue of € 0 and equity of € 14,403. Compared with financial year 2023, the result moved from € -1,772 to € -9,577. 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 April 1, 2026.
€ 14,403
▼ 40% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -9,577
▼ 440 % more loss than in 2023
Profit after tax over the fiscal year.
€ 2,507
▼ 75% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -4,197.
People and assets in 2024
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 4,085
▲ 184% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 15,564
▼ 23% vs 2023
Loans from banks and other lenders, long and short.
€ 5,021
▲ 13% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 9,112
▲ 8% vs 2023
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2021 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|
| Gross margin | € 13,274 | € 3,162 | € -4,957 | ▼ € 8,119 |
| Profit after taxes | € 10,448 | € -1,772 | € -9,577 | ▼ € 7,805 |
| Equity | € 33,281 | € 23,981 | € 14,403 | ▼ 40% |
| Total debts | € 19,899 | € 34,580 | € 34,062 | ▼ 1% |
| Cash | € 10,668 | € 10,150 | € 2,507 | ▼ 75% |
| Retained profit | € 14,681 | € 5,381 | € -4,197 | ▼ € 9,577 |
| Bank debt | € 0 | € 20,090 | € 15,564 | ▼ 23% |
| Balance sheet total | € 53,180 | € 58,561 | € 48,465 | ▼ 17% |
Key figures of SEVEN BAGS, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to SEVEN BAGS?
What happened at SEVEN BAGS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: loss of € 9,577. filed late Source: NBB ↗
- New establishment in Oupeye. KBO
- Start of the company according to the CBE. KBO
- Brian Vestraete became a director. NBB
In short
From € 10,448 profit in 2021 to € 9,577 loss in 2024.
Paid € 2,086 in corporate taxes since 2021.
Best year ever: 2021, with € 10,448 profit.
Management
Behind SEVEN BAGS is Brian Vestraete.
Directors
According to the 2024 annual accounts
Brian Vestraete
Director
since 2015
Establishments
Establishment units
Physical locations of this company
Rue Fachard 11
4681 Oupeye
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0642.828.106
- VAT number
- BE 0642.828.106
- Registered office
- Rue Fachard 11, 4681 Oupeye
- Names & denominations
- SEVEN BAGS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 12 November 2015
- Peppol
- Active · Active since 6 Aug 2026
- Activities · NACE
Groothandel in kleding, met uitzondering van werk- en onderkleding
Groothandel in uurwerken en sieraden
Detailhandel in uurwerken en sieraden
Groothandel in lederwaren en reisartikelen
Detailhandel in kledingaccessoires
Detailhandel in dames-, heren-, baby- en kinderboven- en onderkleding en kledingaccessoires (algemeen assortiment)
Groothandel in kledingaccessoires
Detailhandel in lederwaren en reisartikelen