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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Tight liquidity NBB
Cash and receivables cover 19 % of short-term debt in 2023; threshold 65 %.
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Late annual account NBB
Fiscal year 2023 was filed 308 days after the legal deadline.
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Annual account missing NBB
Fiscal year 2024 was expected before 30 April 2025 and has not been filed.
Financials
Financial year 2023
The Other Shop Gent from Gent, company number BE0666426127, closed financial year 2023 with a result of € 22,132 after tax. For that financial year The Other Shop Gent recorded a gross margin of € 127,605 and equity of € 15,534. Compared with financial year 2022, the result moved from € -44,235 to € 22,132. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on March 4, 2025.
€ 15,534
▲ € 22,132 vs 2022
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 22,132
▲ still € 44,235 loss in 2022
Profit after tax over the fiscal year.
€ 11,206
▼ 81% vs 2022
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2023. Retained profit grew to € -3,066.
People and assets in 2023
1.2
▲ 0.1 vs 2022
Average over the fiscal year, from the social balance sheet.
€ 75,426
▲ 11% vs 2022
€ 62,900 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.
€ 1,168
▼ 25% vs 2022
Book value of vehicles, furniture and equipment.
Debts at end 2023
None
No bank loans on the last day of the fiscal year.
€ 15,853
▼ 78% vs 2022
Supplier invoices still open on the last day of the fiscal year.
€ 40,948
▼ 44% vs 2022
Taxes, VAT and social contributions still to pay.
| 2020 | 2021 | 2022 | 2023 | Change 2022 → 2023 | |
|---|---|---|---|---|---|
| Gross margin | € 92,514 | € 72,660 | € 105,560 | € 127,605 | ▲ 21% |
| Profit after taxes | € 15,876 | € -2,547 | € -44,235 | € 22,132 | ▲ € 66,367 |
| Equity | € 40,184 | € 37,636 | € -6,599 | € 15,534 | ▲ € 22,132 |
| Total debts | € 55,375 | € 66,564 | € 147,782 | € 65,809 | ▼ 55% |
| Cash | € 12,520 | € 16,774 | € 59,157 | € 11,206 | ▼ 81% |
| Retained profit | € 21,584 | € 19,036 | € -25,199 | € -3,066 | ▲ € 22,132 |
| Balance sheet total | € 95,559 | € 104,201 | € 141,183 | € 81,343 | ▼ 42% |
| Employees (FTE) | 1.1 | 1.1 | 1.1 | 1.2 | ▲ 0.1 |
Key figures of The Other Shop Gent, fiscal years 2020 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 April 2025.
What happened to The Other Shop Gent?
What happened at The Other Shop Gent in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2023: profit of € 22,132. filed late Source: NBB ↗
- New establishment in Gent. KBO
- Start of the company according to the CBE. KBO
In short
From € 15,876 profit in 2020 to € 22,132 profit in 2023.
Paid € 90,787 in corporate taxes since 2020.
Best year ever: 2023, with € 22,132 profit.
On average € 106,300 of value added per employee in 2023.
Management
Behind The Other Shop Gent are Danny Aerts and Peter Verborgt.
Directors
According to the 2023 annual accounts
Danny Aerts
Manager
Peter Verborgt
Manager
Establishments
Establishment units
Physical locations of this company
Mageleinstraat 40
9000 Gent
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0666.426.127
- VAT number
- BE 0666.426.127
- Registered office
- Mageleinstraat 40, 9000 Gent
- Names & denominations
- The Other Shop Gent
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 16 November 2016
- Peppol
- Active · Active since 2 Oct 2026
- Activities · NACE
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