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 2 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 31 % of short-term debt in 2022; threshold 65 %.
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Legal situation KBO
Opening faillissement according to the CBE.
Financials
Financial year 2022
Great Old Renovations from Wuustwezel, company number BE0716742601, closed financial year 2022 with a result of € -341,940 after tax. For that financial year Great Old Renovations recorded a gross margin of € 67,977 and equity of € -287,438. Compared with financial year 2021, the result moved from € 5,252 to € -341,940. 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 December 27, 2023.
€ -287,438
▼ € 341,940 vs 2021
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -341,940
▼ still € 5,252 profit in 2021
Profit after tax over the fiscal year.
Loss, nothing to pay out
Reserves fell to € -299,838.
People and assets in 2022
7.2
Average over the fiscal year, from the social balance sheet.
€ 344,192
▼ 6% vs 2021
€ 47,800 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.
€ 20,727
▼ 81% vs 2021
Of which on lease € 6,166.
Debts at end 2022
€ 313,183
▲ 24% vs 2021
€ 58,393 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 616,849
▲ 162% vs 2021
Supplier invoices still open on the last day of the fiscal year.
€ 26,574
▼ 33% vs 2021
Taxes, VAT and social contributions still to pay.
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| 2021 | 2022 | Change 2021 → 2022 | |
|---|---|---|---|
| Gross margin | € 461,061 | € 67,977 | ▼ 85% |
| Profit after taxes | € 5,252 | € -341,940 | ▼ € 347,192 |
| Equity | € 54,502 | € -287,438 | ▼ € 341,940 |
| Total debts | € 529,606 | € 956,606 | ▲ 81% |
| Cash | € 82,879 | - | |
| Retained profit | € 42,102 | € -299,838 | ▼ € 341,940 |
| Bank debt | € 252,014 | € 313,183 | ▲ 24% |
| Balance sheet total | € 584,108 | € 669,167 | ▲ 15% |
| Employees (FTE) | - | 7.2 |
Key figures of Great Old Renovations, 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 Great Old Renovations?
What happened at Great Old Renovations in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
Great Old Renovations is active according to the CBE. Legal situation: Opening faillissement.
- New annual accounts for financial year 2022: loss of € 341,940 (▼ € 347,192 vs 2021). filed late Source: NBB ↗
- New establishment in Wuustwezel. KBO
- Start of the company according to the CBE. KBO
In short
From € 5,252 profit in 2021 to € 341,940 loss in 2022.
Paid € 1,529 in corporate taxes since 2021.
Best year ever: 2021, with € 5,252 profit.
On average € 9,400 of value added per employee in 2022.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind Great Old Renovations is Dean Keeble. Dean Keeble is also behind DK Aannemingen.
Directors
According to the 2022 annual accounts
Establishments
Establishment units
Physical locations of this company
Arthur Boelstraat 77
2990 Wuustwezel
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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
- 0716.742.601
- VAT number
- BE 0716.742.601
- Registered office
- Arthur Boelstraat 77, 2990 Wuustwezel
- Names & denominations
- Great Old Renovations
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Opening faillissement
- Start date
- 21 December 2018
- Peppol
- Not registered
- Activities · NACE
Algemene bouw van residentiële gebouwen
Overige bouwinstallatie
Algemene bouw van kantoorgebouwen
Algemene bouw van andere niet-residentiële gebouwen
Overige bouwinstallatie, n.e.g.