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 2 of the last 2 fiscal years.
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Two loss years in a row NBB
Negative result in 2021 and 2022.
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Tight liquidity NBB
Cash and receivables cover 20 % 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
BY & FOR from Watermaal-Bosvoorde, company number BE0733717995, closed financial year 2022 with a result of € -46,629 after tax. For that financial year BY & FOR recorded a gross margin of € -25,976 and equity of € -186,963. Compared with financial year 2021, the result moved from € -41,807 to € -46,629. 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 March 27, 2023.
€ -186,963
▼ € 46,629 vs 2021
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -46,629
▼ 12 % more loss than in 2021
Profit after tax over the fiscal year.
€ 3,098
▼ 61% vs 2021
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -316,963.
People and assets in 2022
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 1,501
▲ 1% vs 2021
Book value of vehicles, furniture and equipment.
Debts at end 2022
€ 146,083
▼ 8% vs 2021
€ 21,730 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 36,425
▼ 7% vs 2021
Supplier invoices still open on the last day of the fiscal year.
€ 3,673
▲ 245% vs 2021
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2021 | 2022 | Change 2021 → 2022 | |
|---|---|---|---|
| Gross margin | € -31,722 | € -25,976 | ▲ € 5,746 |
| Profit after taxes | € -41,807 | € -46,629 | ▼ € 4,822 |
| Equity | € -140,334 | € -186,963 | ▼ € 46,629 |
| Total debts | € 202,161 | € 226,175 | ▲ 12% |
| Cash | € 8,009 | € 3,098 | ▼ 61% |
| Retained profit | € -270,334 | € -316,963 | ▼ € 46,629 |
| Bank debt | € 159,484 | € 146,083 | ▼ 8% |
| Balance sheet total | € 61,828 | € 39,213 | ▼ 37% |
Key figures of BY & FOR, 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 BY & FOR?
What happened at BY & FOR in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
BY & FOR is active according to the CBE. Legal situation: Opening faillissement.
- New annual accounts for financial year 2022: loss of € 46,629. Source: NBB ↗
- New establishment in Watermaal-Bosvoorde. KBO
- Start of the company according to the CBE. KBO
In short
From € 41,807 loss in 2021 to € 46,629 loss in 2022.
Management
The stake of HALIFAX PROPERTIES comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
BY & FORBehind BY & FOR are AARON LIPPERT and HALIFAX PROPERTIES SA. The shares are held by HALIFAX PROPERTIES (40%).
Directors
According to the 2022 annual accounts
AARON LIPPERT
Director
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Vorstlaan 36
1170 Watermaal-Bosvoorde
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 7 companies are registered at this address.
All companies at this address →International Materials Trading S.A.
A.H.L. INVEST
€ -4,268 gross margin · 2020
SPENCER INTERNATIONAL
€ -66 gross margin · 2025
Lipos Events
LOVENTI BELGIUM
€ -90,864 gross margin · 2024
+2 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0733.717.995
- VAT number
- BE 0733.717.995
- Registered office
- Vorstlaan 36, 1170 Watermaal-Bosvoorde
- Names & denominations
- BY & FOR
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Opening faillissement
- Start date
- 5 September 2019
- Peppol
- Not registered
- Activities · NACE
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