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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Negative equity NBB
More debt than assets in 3 of the last 3 fiscal years.
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Two loss years in a row NBB
Negative result in 2022 and 2023.
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Legal situation KBO
Opening faillissement according to the CBE.
Financials
Financial year 2023
HEIRLOOM from Gent, company number BE0672444679, closed financial year 2023 with a result of € -140,110 after tax. For that financial year HEIRLOOM recorded a gross margin of € 245,652 and equity of € -414,000. Compared with financial year 2022, the result moved from € -167,753 to € -140,110. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 30, 2024.
€ -414,000
▼ € 140,110 vs 2022
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -140,110
▲ 16 % less loss than in 2022
Profit after tax over the fiscal year.
€ 26,472
▼ 63% vs 2022
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -684,000.
People and assets in 2023
7.1
▼ 17.7 vs 2022
Average over the fiscal year, from the social balance sheet.
€ 260,732
▲ 21% vs 2022
€ 36,700 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.
€ 158
▼ 82% vs 2022
Book value of vehicles, furniture and equipment.
Debts at end 2023
€ 261,250
▼ 14% vs 2022
€ 31,250 is repaid this year. At this pace the long-term loan is gone in ≈ 8 years.
€ 375,244
▲ 82% vs 2022
Supplier invoices still open on the last day of the fiscal year.
€ 253,527
▲ € 233,007 vs 2022
Taxes, VAT and social contributions still to pay.
| 2021 | 2022 | 2023 | Change 2022 → 2023 | |
|---|---|---|---|---|
| Gross margin | € 540,222 | € 172,386 | € 245,652 | ▲ 43% |
| Profit after taxes | € 6,514 | € -167,753 | € -140,110 | ▲ € 27,643 |
| Equity | € -106,138 | € -273,890 | € -414,000 | ▼ € 140,110 |
| Total debts | € 1,430,170 | € 1,541,997 | € 1,285,555 | ▼ 17% |
| Cash | € 31,394 | € 72,318 | € 26,472 | ▼ 63% |
| Retained profit | € -376,138 | € -543,890 | € -684,000 | ▼ € 140,110 |
| Bank debt | € 507,605 | € 305,000 | € 261,250 | ▼ 14% |
| Balance sheet total | € 1,324,032 | € 1,268,107 | € 871,555 | ▼ 31% |
| Employees (FTE) | 12.2 | 24.8 | 7.1 | ▼ 17.7 |
Key figures of HEIRLOOM, 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 HEIRLOOM?
What happened at HEIRLOOM in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
HEIRLOOM is active according to the CBE. Legal situation: Opening faillissement.
- New annual accounts for financial year 2023: loss of € 140,110. filed late Source: NBB ↗
- New establishment in Gent. KBO
- New establishment in Gent. KBO
- New establishment in Gent. KBO
- New establishment in Gent. KBO
- Start of the company according to the CBE. KBO
In short
From € 6,514 profit in 2021 to € 140,110 loss in 2023.
Best year ever: 2021, with € 6,514 profit.
On average € 34,600 of value added per employee in 2023.
Management
The stake of WATR comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
HEIRLOOMBehind HEIRLOOM are Caroline Delbecque and Nehme Darwiche. The shares are held by WATR (100%).
Directors
According to the 2023 annual accounts
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Twaalfapostelenstraat 6
9051 Gent
Edward Anseeleplein 17
9000 Gent
Active since 1 May 2017
Hoogstraat 71
9000 Gent
Active since 1 October 2019
Sint-Jansvest 15
9000 Gent
Active since 6 June 2020
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0672.444.679
- VAT number
- BE 0672.444.679
- Registered office
- Twaalfapostelenstraat 6, 9051 Gent
- Names & denominations
- HEIRLOOM
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Opening faillissement
- Start date
- 6 March 2017
- Peppol
- Not registered
- Activities · NACE
Gastenkamers