Bankrupt · Opening faillissement (CBE)

Blossom Lounge

BE0748914135

Rechtspersoon Private limited company 1 establishment

Blossom Lounge is a bar in Genk. Private Limited, started on 24 June 2020, 1 establishment.

Vennestraat 54, 3600 Genk

Start date

24 June 2020

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 35 % of short-term debt in 2023; threshold 65 %.

  • Legal situation KBO

    Opening faillissement according to the CBE.

Financials

Financial year 2023

Blossom Lounge from Genk, company number BE0748914135, closed financial year 2023 with a result of € 3,540 after tax. For that financial year Blossom Lounge recorded a gross margin of € 24,661 and equity of € -17,921. Compared with financial year 2022, the result moved from € 655 to € 3,540. 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 September 27, 2024.

What it is worth Caution

€ -17,921

▲ € 3,540 vs 2022

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

Profit Growing

€ 3,540

▲ € 2,885 vs 2022

Profit after tax over the fiscal year.

Cash in the bank

€ 10,680

▲ € 9,415 vs 2022

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

Where the profit goes Growing

Stays in the company

No dividend for 2023. Retained profit grew to € -24,421.

People and assets in 2023

Wage cost

€ 10,375

▼ 51% vs 2022

Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.

Vehicles and equipment

€ 4,742

▼ 40% vs 2022

Book value of vehicles, furniture and equipment.

Debts at end 2023

Bank debt

None

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

Owed to suppliers

€ 1,180

▲ € 1,137 vs 2022

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

Taxes and wages

€ 33,836

▲ 23% vs 2022

Taxes, VAT and social contributions still to pay.

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Key figures per fiscal year Download key figures (CSV)
202120222023Change 2022 → 2023
Revenue € 67,625 - -
Gross margin € 2,388 € 27,697 € 24,661 ▼ 11%
Profit after taxes € -28,616 € 655 € 3,540 ▲ € 2,885
Equity € -22,116 € -21,461 € -17,921 ▲ € 3,540
Total debts € 36,558 € 66,806 € 42,600 ▼ 36%
Cash € 3,360 € 1,265 € 10,680 ▲ € 9,415
Retained profit € -28,616 € -27,961 € -24,421 ▲ € 3,540
Bank debt € 10,000 € 30,670 € 0 ▼ 100%
Balance sheet total € 14,442 € 45,346 € 24,680 ▼ 46%

Key figures of Blossom Lounge, 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 Blossom Lounge?

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

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

  • New annual accounts for financial year 2023: profit of € 3,540 (▲ € 2,885 vs 2022). filed late Source: NBB ↗
  • New establishment in Genk. KBO
  • Start of the company according to the CBE. KBO

In short

From € 28,616 loss in 2021 to € 3,540 profit in 2023.

Paid € 112 in corporate taxes since 2021.

Best year ever: 2023, with € 3,540 profit.

Establishments

Establishment units

Physical locations of this company

Registered office

Vennestraat 54

3600 Genk

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
0748.914.135
VAT number
BE 0748.914.135
Registered office
Vennestraat 54, 3600 Genk
Names & denominations
Blossom Lounge
Enterprise type
Rechtspersoon
Legal form
Private limited company
Legal situation
Opening faillissement
Start date
24 June 2020
Peppol
Active · Active since 8 Jul 2026
Activities · NACE

Cafés en bars

Activiteiten van eetgelegenheden met beperkte bediening, muv mobiele eetgelegenheden

Eetgelegenheden met beperkte bediening

Frequently asked questions

What does Blossom Lounge do?
Blossom Lounge is a bar in Genk. Private Limited, started on 24 June 2020, 1 establishment.
What is the address of Blossom Lounge?
The registered office of Blossom Lounge is located at Vennestraat 54, 3600 Genk.
Is Blossom Lounge still active?
No. The CBE lists Blossom Lounge 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 Blossom Lounge registered on Peppol?
Yes, Blossom Lounge is registered on the Peppol network with ID 0208:0748914135.
What is the enterprise number of Blossom Lounge?
The enterprise number of Blossom Lounge is BE0748914135.
When was Blossom Lounge founded?
Blossom Lounge was founded on 24 June 2020.