PETAL is a bar in Gent. Private Limited, started on 11 July 2018, 1 establishment.

What is the address of PETAL?

The registered office of PETAL is located at Zuidstationstraat 46, 9000 Gent.

Is PETAL still active?

No. The CBE lists PETAL 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 PETAL registered on Peppol?

No, PETAL is currently not registered on the Peppol network.

What is the enterprise number of PETAL?

The enterprise number of PETAL is BE0699829165.

When was PETAL founded?

PETAL was founded on 11 July 2018.

Who are the directors of PETAL?

According to the 2022 annual accounts, the directors of PETAL are: Sahlemariam Tizeta, Tesfaye Nebiyu.

Is PETAL a reliable company?

Databakkes does not pass judgement; this is what the sources say: Opening faillissement according to the CBE, started on 11 July 2018; 3 annual accounts filed, latest fiscal year 2022; 2 directors known from the annual account.

How much profit did PETAL make in 2022?

PETAL posted a profit after taxes of € 20,991 in financial year 2022.

What is the revenue of PETAL?

As a small company, PETAL is not required to publish revenue in its annual accounts. In financial year 2022, its added value was € 36,423.

PETAL (Private Limited) - Gent - BE0699829165

Dossier PETAL, printed on 2 November 2026 from databakkes.be/en/0699829165/petal. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Negative equity NBB

More debt than assets in 3 of the last 3 fiscal years.
Tight liquidity NBB

Cash and receivables cover 53 % of short-term debt in 2022; threshold 65 %.
Late annual account NBB

Fiscal year 2022 was filed 289 days after the legal deadline.
Legal situation KBO

Opening faillissement according to the CBE.

Financials

Financial year 2022

PETAL from Gent, company number BE0699829165, closed financial year 2022 with a result of € 20,991 after tax. For that financial year PETAL recorded a gross margin of € 36,423 and equity of € -36,162. Compared with financial year 2021, the result moved from € -31,578 to € 20,991. Profitable, and profit is growing. 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 May 15, 2024.

What it is worth Caution

€ -36,162

▲ € 20,991 vs 2021

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

Profit Growing

€ 20,991

▲ still € 31,578 loss in 2021

Profit after tax over the fiscal year.

Cash in the bank

€ 213

▼ 95% vs 2021

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

Where the profit goes Growing

Stays in the company

No dividend for 2022. Retained profit grew to € -54,762.

People and assets in 2022

Full-time equivalents estimate The annual accounts report no full-time equivalents. A micro company with one active director is usually run by that person; this is an assumption, not a figure from the source.

≈ 1

No payroll staff. One director, so that person most likely runs the business.

Vehicles and equipment

€ 9,945

▲ € 9,765 vs 2021

Book value of vehicles, furniture and equipment.

Debts at end 2022

Bank debt

None

No bank loans on the last day of the fiscal year.

Owed to suppliers

€ 245,288

▲ 83% vs 2021

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

Taxes and wages

€ 13,106

▲ € 10,341 vs 2021

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2020	2021	2022	Change 2021 → 2022
Gross margin	€ -12,755 Gross margin 2020: € -12,755 First fiscal year in the series	€ -16,767 Gross margin 2021: € -16,767 ▼ € 4,012 vs 2020 (€ -12,755) Unfavourable step	€ 36,423 Gross margin 2022: € 36,423 ▲ € 53,190 vs 2021 (€ -16,767) Favourable step	▲ € 53,190
Profit after taxes	€ -23,253 Profit after taxes 2020: € -23,253 First fiscal year in the series	€ -31,578 Profit after taxes 2021: € -31,578 ▼ € 8,325 vs 2020 (€ -23,253) Unfavourable step	€ 20,991 Profit after taxes 2022: € 20,991 ▲ € 52,569 vs 2021 (€ -31,578) Favourable step	▲ € 52,569
Equity	€ -25,574 Equity 2020: € -25,574 First fiscal year in the series	€ -57,152 Equity 2021: € -57,152 ▼ € 31,578 vs 2020 (€ -25,574) Unfavourable step	€ -36,162 Equity 2022: € -36,162 ▲ € 20,991 vs 2021 (€ -57,152) Favourable step	▲ € 20,991
Total debts	€ 184,712 Total debts 2020: € 184,712 First fiscal year in the series	€ 234,083 Total debts 2021: € 234,083 ▲ 27% vs 2020 (€ 184,712) Unfavourable step	€ 326,235 Total debts 2022: € 326,235 ▲ 39% vs 2021 (€ 234,083) Unfavourable step	▲ 39%
Cash	-	€ 4,536 Cash 2021: € 4,536 First fiscal year in the series	€ 213 Cash 2022: € 213 ▼ 95% vs 2021 (€ 4,536) Unfavourable step	▼ 95%
Land & buildings	€ 102,604 Land & buildings 2020: € 102,604 First fiscal year in the series	€ 104,188 Land & buildings 2021: € 104,188 ▲ 2% vs 2020 (€ 102,604) Unchanged	€ 91,962 Land & buildings 2022: € 91,962 ▼ 12% vs 2021 (€ 104,188) Unchanged	▼ 12%
Retained profit	€ -44,174 Retained profit 2020: € -44,174 First fiscal year in the series	€ -75,752 Retained profit 2021: € -75,752 ▼ € 31,578 vs 2020 (€ -44,174) Unfavourable step	€ -54,762 Retained profit 2022: € -54,762 ▲ € 20,991 vs 2021 (€ -75,752) Favourable step	▲ € 20,991
Bank debt	€ 22,111 Bank debt 2020: € 22,111 First fiscal year in the series	€ 32,721 Bank debt 2021: € 32,721 ▲ 48% vs 2020 (€ 22,111) Unfavourable step	€ 0 Bank debt 2022: € 0 ▼ 100% vs 2021 (€ 32,721) Favourable step	▼ 100%
Balance sheet total	€ 159,137 Balance sheet total 2020: € 159,137 First fiscal year in the series	€ 176,930 Balance sheet total 2021: € 176,930 ▲ 11% vs 2020 (€ 159,137) Unchanged	€ 290,073 Balance sheet total 2022: € 290,073 ▲ 64% vs 2021 (€ 176,930) Unchanged	▲ 64%

Key figures of PETAL, fiscal years 2020 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 PETAL?

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

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

May 15, 2024 New annual accounts for financial year 2022: profit of € 20,991. filed late Source: NBB ↗
2022 Sahlemariam Tizeta became a director. NBB
2022 Tesfaye Nebiyu stepped down as director. NBB
2019 Tesfaye Nebiyu became a director. NBB
Jul 11, 2018 New establishment in Gent. KBO
Jul 11, 2018 Start of the company according to the CBE. KBO

In short

From € 23,253 loss in 2020 to € 20,991 profit in 2022.

Best year ever: 2022, with € 20,991 profit.

Original PDFs at the National Bank ↗

Management

Sahlemariam Tizeta

PETAL

Behind PETAL is Sahlemariam Tizeta.

Directors

According to the 2022 annual accounts

Sahlemariam Tizeta

Director

since 2022

Tesfaye Nebiyu

Director

since 2019 · until 2022

Establishments

Establishment units

Physical locations of this company

Registered office

Zuidstationstraat 46

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: 0699.829.165
VAT number: BE 0699.829.165
Registered office: Zuidstationstraat 46, 9000 Gent
Names & denominations: PETAL
Enterprise type: Rechtspersoon
Legal form: Private limited company
Legal situation: Opening faillissement
Start date: 11 July 2018
Peppol: Not registered
Activities · NACE: Cafés en bars

View on CBE Public ↗ Annual accounts (NBB) ↗