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 1 of the last 4 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 39 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
8820 from Torhout, company number BE0693924241, closed financial year 2025 with a result of € -98,891 after tax. For that financial year 8820 recorded a gross margin of € 329,288 and equity of € -16,731. Compared with financial year 2023, the result moved from € 10,781 to € -98,891. 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 April 23, 2026.
€ -16,731
▼ € 98,891 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -98,891
▼ still € 10,781 profit in 2023
Profit after tax over the fiscal year.
€ 14,291
▲ 50% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -35,281.
Debts at end 2025
€ 3.3 million
▲ € 2.9 million vs 2023
€ 60,083 is repaid this year. At this pace the long-term loan is gone in ≈ 55 years.
€ 15,787
▲ 63% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 19,570
▲ € 17,054 vs 2023
Taxes, VAT and social contributions still to pay.
| 2021 | 2022 | 2023 | 2025 | Change 2023 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 70,413 | € 53,560 | € 51,072 | € 329,288 | ▲ € 278,216 |
| Profit after taxes | € 4,719 | € 1,174 | € 10,781 | € -98,891 | ▼ € 109,673 |
| Equity | € 70,205 | € 71,379 | € 82,161 | € -16,731 | ▼ € 98,891 |
| Total debts | € 332,839 | € 521,152 | € 496,315 | € 5,533,204 | ▲ € 5 million |
| Cash | € 58,911 | € 716 | € 9,559 | € 14,291 | ▲ 50% |
| Land & buildings | € 236,280 | € 562,064 | € 542,609 | € 4,351,976 | ▲ € 3.8 million |
| Retained profit | € 51,655 | € 52,829 | € 63,611 | € -35,281 | ▼ € 98,891 |
| Bank debt | € 287,423 | € 471,403 | € 441,719 | € 3,326,298 | ▲ € 2.9 million |
| Balance sheet total | € 403,044 | € 592,532 | € 578,476 | € 5,516,474 | ▲ € 4.9 million |
Key figures of 8820, fiscal years 2021 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 April 2027.
What happened to 8820?
What happened at 8820 in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 98,891 (▼ € 109,673 vs 2023). Source: NBB ↗
- New establishment in Torhout. KBO
- Els Hindryckx became a director. NBB
- Stefan De Ruyter became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 4,719 profit in 2021 to € 98,891 loss in 2025.
Paid € 3,821 in corporate taxes since 2021.
Best year ever: 2023, with € 10,781 profit.
Management
Behind 8820 are Els Hindryckx and Stefan De Ruyter. It owns 50% of Spirit 4 and 50% of 4 For 4 itself.
Directors
According to the 2025 annual accounts
since 2018
since 2018
Establishments
Establishment units
Physical locations of this company
Ambachtstraat 16E
8820 Torhout
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0693.924.241
- VAT number
- BE 0693.924.241
- Registered office
- Ambachtstraat 16E, 8820 Torhout
- Names & denominations
- 8820
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 4 April 2018
- Peppol
- Active · Active since 10 Dec 2024
- Activities · NACE
Verhuur en lease van tenten
Activiteiten van holdings
Carrosserieherstelling (inclusief spuiten en verven)
Reparatie en onderhoud van andere civiele transportmiddelen
Verhuur en lease van vaat- en glaswerk, keuken- en tafelgerei, elektrische huishoudapparaten en andere huishoudelijke benodigdheden
Algemeen onderhoud en reparatie van auto's en lichte bestelwagens (<= 3,5 ton)
Detailhandel in auto's en lichte bestelwagens (<= 3,5 ton)
Detailhandel in andere motorvoertuigen (> 3,5 ton)
+6