Bankrupt · Opening faillissement (CBE)

hoFREca

BE0753823028

Rechtspersoon Private limited company 1 establishment

hoFREca is a wholesaler in Peer. Private Limited, started on 8 September 2020, 1 establishment.

Burkel 27, 3990 Peer

Behind the company: Frederik Schriers.

Start date

8 September 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 2 of the last 3 fiscal years.

  • Two loss years in a row NBB

    Negative result in 2022 and 2023.

  • Tight liquidity NBB

    Cash and receivables cover 51 % of short-term debt in 2023; threshold 65 %.

  • Legal situation KBO

    Opening faillissement according to the CBE.

Financials

Financial year 2023

hoFREca from Peer, company number BE0753823028, closed financial year 2023 with a result of € -31,774 after tax. For that financial year hoFREca recorded a gross margin of € -27,011 and equity of € -90,403. Compared with financial year 2022, the result moved from € -59,482 to € -31,774. 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 July 29, 2024.

What it is worth Caution

€ -90,403

▼ € 31,774 vs 2022

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

Loss Caution

€ -31,774

▲ 47 % less loss than in 2022

Profit after tax over the fiscal year.

Cash in the bank

€ 6,851

▼ 74% vs 2022

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

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € -95,403.

People and assets in 2023

Full-time equivalents estimate

≈ 1

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

Vehicles and equipment

€ 632

▼ 35% vs 2022

Book value of vehicles, furniture and equipment.

Debts at end 2023

Bank debt ≈ 5 years to go

€ 84,889

▼ 21% vs 2022

€ 18,056 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.

Owed to suppliers

€ 50,872

▲ 220% vs 2022

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

Taxes

€ 1,594

▼ 36% vs 2022

Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.

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Key figures per fiscal year Download key figures (CSV)
202120222023Change 2022 → 2023
Gross margin € -6,335 € -52,925 € -27,011 ▲ € 25,914
Profit after taxes € -10,683 € -59,482 € -31,774 ▲ € 27,708
Equity € 853 € -58,629 € -90,403 ▼ € 31,774
Total debts € 41,495 € 127,296 € 139,917 ▲ 10%
Cash € 3,242 € 26,088 € 6,851 ▼ 74%
Retained profit € -4,147 € -63,629 € -95,403 ▼ € 31,774
Bank debt € 0 € 108,000 € 84,889 ▼ 21%
Balance sheet total € 42,348 € 68,667 € 49,514 ▼ 28%

Key figures of hoFREca, 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 hoFREca?

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

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

  • New annual accounts for financial year 2023: loss of € 31,774. Source: NBB ↗
  • New establishment in Peer. KBO
  • Frederik Schriers became a director. NBB
  • Start of the company according to the CBE. KBO

In short

From € 10,683 loss in 2021 to € 31,774 loss in 2023.

Paid € 331 in corporate taxes since 2021.

Management

Frederik Schriers
hoFREca

Behind hoFREca is Frederik Schriers.

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Directors

According to the 2023 annual accounts

Frederik Schriers

Director

since 2020

Establishments

Establishment units

Physical locations of this company

Registered office

Burkel 27

3990 Peer

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number
0753.823.028
VAT number
BE 0753.823.028
Registered office
Burkel 27, 3990 Peer
Names & denominations
hoFREca
Enterprise type
Rechtspersoon
Legal form
Private limited company
Legal situation
Opening faillissement
Start date
8 September 2020
Peppol
Not registered
Activities · NACE

Groothandel in andere machines en werktuigen, neg

Groothandel in andere machines en werktuigen, n.e.g.

Handelsbemiddeling in de groothandel in andere specifieke goederen

Reparatie en onderhoud van machines

Groothandel in machines voor de productie van voedings- en genotmiddelen

Groothandel in reinigingsmiddelen

Frequently asked questions

What does hoFREca do?
hoFREca is a wholesaler in Peer. Private Limited, started on 8 September 2020, 1 establishment.
What is the address of hoFREca?
The registered office of hoFREca is located at Burkel 27, 3990 Peer.
Is hoFREca still active?
No. The CBE lists hoFREca 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 hoFREca registered on Peppol?
No, hoFREca is currently not registered on the Peppol network.
What is the enterprise number of hoFREca?
The enterprise number of hoFREca is BE0753823028.
When was hoFREca founded?
hoFREca was founded on 8 September 2020.