Bankrupt · Opening faillissement (CBE)

Early Birds Art Group

BE0764351387

Rechtspersoon Private limited company 1 establishment

Early Birds Art Group is a second-hand shop in Knokke-Heist. Private Limited, started on 25 February 2021, 1 establishment.

Zeedijk-Het Zoute 713, 8300 Knokke-Heist

Behind the company: Francis Dedrie.

Start date

25 February 2021

Warning lights

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

  • Two loss years in a row NBB

    Negative result in 2022 and 2023.

  • Legal situation KBO

    Opening faillissement according to the CBE.

Financials

Financial year 2023

Early Birds Art Group from Knokke-Heist, company number BE0764351387, closed financial year 2023 with a result of € -89,223 after tax. For that financial year Early Birds Art Group recorded a gross margin of € -49,380 and equity of € 280. Compared with financial year 2022, the result moved from € -6,432 to € -89,223. The company made a loss. The buffer shrank hard: equity is 99 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 26, 2024.

What it is worth Shrank hard

€ 280

▼ 99% vs 2022

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

Loss Caution

€ -89,223

▼ 1287 % more loss than in 2022

Profit after tax over the fiscal year.

Cash in the bank

€ 74,226

▲ 41% 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 € -79,720.

People and assets in 2023

Full-time equivalents estimate

≈ 1

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

Wage cost

€ 18,827

▼ 49% 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

€ 1,425

Book value of vehicles, furniture and equipment.

Debts at end 2023

Bank debt ≈ 3 years to go

€ 87,928

▲ 98% vs 2022

€ 28,266 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.

Owed to suppliers

€ 62,600

▲ 114% vs 2022

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

Taxes

€ 2,797

▼ 83% 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 € 58,670 € 50,935 € -49,380 ▼ € 100,315
Profit after taxes € 37,535 € -6,432 € -89,223 ▼ € 82,792
Equity € 35,935 € 29,504 € 280 ▼ 99%
Total debts € 56,202 € 104,501 € 153,325 ▲ 47%
Cash € 38,393 € 52,686 € 74,226 ▲ 41%
Retained profit € 15,935 € 9,504 € -79,720 ▼ € 89,223
Dividend € 21,600 € 0 € 0
Bank debt € 0 € 44,456 € 87,928 ▲ 98%
Balance sheet total € 92,137 € 134,005 € 153,606 ▲ 15%
Employees (FTE) - 0.9 0.4 ▼ 0.5

Key figures of Early Birds Art Group, 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 Early Birds Art Group?

What happened at Early Birds Art Group in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Early Birds Art Group is active according to the CBE. Legal situation: Opening faillissement.

  • New annual accounts for financial year 2023: loss of € 89,223. Source: NBB ↗
  • New establishment in Knokke-Heist. KBO
  • Francis Dedrie became a director. NBB
  • Start of the company according to the CBE. KBO

In short

From € 37,535 profit in 2021 to € 89,223 loss in 2023.

Paid € 2,700 in corporate taxes since 2021.

Best year ever: 2021, with € 37,535 profit.

Paid out € 21,600 in dividends to the owners in total.

Management

Francis Dedrie
Early Birds Art Group

Behind Early Birds Art Group is Francis Dedrie.

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Directors

According to the 2023 annual accounts

Francis Dedrie

Director

since 2021

Establishments

Establishment units

Physical locations of this company

Registered office

Zeedijk-Het Zoute 713

8300 Knokke-Heist

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
0764.351.387
VAT number
BE 0764.351.387
Registered office
Zeedijk-Het Zoute 713, 8300 Knokke-Heist
Names & denominations
Early Birds Art Group
Enterprise type
Rechtspersoon
Legal form
Private limited company
Legal situation
Opening faillissement
Start date
25 February 2021
Peppol
Active · Active since 20 May 2026
Activities · NACE

Detailhandel in antiquiteiten

Promotie en organisatie van scheppende en uitvoerende kunstevenementen

Promotie en organisatie van uitvoerende kunstevenementen

Frequently asked questions

What does Early Birds Art Group do?
Early Birds Art Group is a second-hand shop in Knokke-Heist. Private Limited, started on 25 February 2021, 1 establishment.
What is the address of Early Birds Art Group?
The registered office of Early Birds Art Group is located at Zeedijk-Het Zoute 713, 8300 Knokke-Heist.
Is Early Birds Art Group still active?
No. The CBE lists Early Birds Art Group 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 Early Birds Art Group registered on Peppol?
Yes, Early Birds Art Group is registered on the Peppol network with ID 0208:0764351387.
What is the enterprise number of Early Birds Art Group?
The enterprise number of Early Birds Art Group is BE0764351387.
When was Early Birds Art Group founded?
Early Birds Art Group was founded on 25 February 2021.