Bankrupt · Opening faillissement (CBE)

PRABH

BE0658986623

Rechtspersoon Private limited company 3 establishments

Kalmthoutse Steenweg 43, 2990 Wuustwezel

Behind the company: Amarjit Singh, Satvinder Tiwana.

Start date

14 July 2016

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 56 % of short-term debt in 2022; threshold 65 %.

  • Legal situation KBO

    Opening faillissement according to the CBE.

Financials

Financial year 2022

PRABH from Wuustwezel, company number BE0658986623, closed financial year 2022 with a result of € -759 after tax. For that financial year PRABH recorded a gross margin of € 15,898 and equity of € 37,814. Compared with financial year 2021, the result moved from € 14,928 to € -759. 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 August 11, 2023.

What it is worth Healthy

€ 37,814

▼ 2% vs 2021

Assets minus debts, by the books. What is left if everything were sold and paid today.

Loss Caution

€ -759

▼ still € 14,928 profit in 2021

Profit after tax over the fiscal year.

Cash in the bank

€ 20,429

▼ 57% vs 2021

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € 25,414.

Debts at end 2022

Bank debt ≈ 20 years to go

€ 146,592

▼ 5% vs 2021

€ 7,185 is repaid this year. At this pace the long-term loan is gone in ≈ 20 years.

Owed to suppliers

€ 14,825

▼ 65% vs 2021

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 27,258

▲ 75% vs 2021

Taxes, VAT and social contributions still to pay.

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Key figures per fiscal year Download key figures (CSV)
20212022Change 2021 → 2022
Gross margin € 32,950 € 15,898 ▼ 52%
Profit after taxes € 14,928 € -759 ▼ € 15,687
Equity € 38,573 € 37,814 ▼ 2%
Total debts € 211,006 € 193,175 ▼ 8%
Cash € 47,874 € 20,429 ▼ 57%
Land & buildings € 170,051 € 166,314 ▼ 2%
Retained profit € 26,173 € 25,414 ▼ 3%
Dividend € 14,000 € 0 ▼ 100%
Bank debt € 153,534 € 146,592 ▼ 5%
Balance sheet total € 249,578 € 230,989 ▼ 7%

Key figures of PRABH, fiscal years 2021 to 2022, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2023 has not been filed yet; it was expected before 31 July 2024.

What happened to PRABH?

What happened at PRABH in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

PRABH is active according to the CBE. Legal situation: Opening faillissement.

  • New annual accounts for financial year 2022: loss of € 759 (▼ € 15,687 vs 2021). filed late Source: NBB ↗
  • Amarjit Singh became a director. NBB
  • New establishment in Wuustwezel. KBO
  • New establishment in Wuustwezel. KBO
  • New establishment in Wuustwezel. KBO
  • Start of the company according to the CBE. KBO
  • Satvinder Tiwana became a director. NBB

In short

From € 14,928 profit in 2021 to € 759 loss in 2022.

Paid € 2,433 in corporate taxes since 2021.

Best year ever: 2021, with € 14,928 profit.

Paid out € 14,000 in dividends to the owners in total.

Management

Amarjit Singh Satvinder Tiwana
PRABH

Behind PRABH are Amarjit Singh and Satvinder Tiwana.

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Directors

According to the 2022 annual accounts

Amarjit Singh

Director

since 2021

Satvinder Tiwana

Director

since 2016

Establishments

Establishment units

Physical locations of this company

Registered office

Kalmthoutse Steenweg 43

2990 Wuustwezel

2.303.157.112

Posterijstraat 2

2990 Wuustwezel

Active since 1 July 2020

2.307.165.784

Bredabaan (Centrum) 454

2990 Wuustwezel

Active since 15 October 2020

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number
0658.986.623
VAT number
BE 0658.986.623
Registered office
Kalmthoutse Steenweg 43, 2990 Wuustwezel
Names & denominations
PRABH
Enterprise type
Rechtspersoon
Legal form
Private limited company
Legal situation
Opening faillissement
Start date
14 July 2016
Peppol
Not registered

Frequently asked questions

What is the address of PRABH?
The registered office of PRABH is located at Kalmthoutse Steenweg 43, 2990 Wuustwezel.
Is PRABH still active?
No. The CBE lists PRABH with legal situation “Opening faillissement”. The date of the court ruling is published in the Belgian Official Gazette; the register does not carry it.
Is PRABH registered on Peppol?
No, PRABH is currently not registered on the Peppol network.
What is the enterprise number of PRABH?
The enterprise number of PRABH is BE0658986623.
When was PRABH founded?
PRABH was founded on 14 July 2016.
Who owns PRABH?
Behind PRABH are Amarjit Singh and Satvinder Tiwana.