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 3 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 11 % of short-term debt in 2023; threshold 65 %.
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Legal situation KBO
Opening faillissement according to the CBE.
Financials
Financial year 2023
The Purples from Gent, company number BE0767718178, closed financial year 2023 with a result of € -688,369 after tax. For that financial year The Purples recorded a gross margin of € 820,449 and equity of € -654,794. Compared with financial year 2022, the result moved from € 15,753 to € -688,369. 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 August 30, 2024.
€ -654,794
▼ € 688,369 vs 2022
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -688,369
▼ still € 15,753 profit in 2022
Profit after tax over the fiscal year.
€ 141,627
▼ 23% vs 2022
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -655,794.
People and assets in 2023
89.9
▼ 16.5 vs 2022
Average over the fiscal year, from the social balance sheet.
€ 1.2 million
▼ 4% vs 2022
€ 13,000 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.
€ 33,146
▼ 28% vs 2022
Book value of vehicles, furniture and equipment.
Debts at end 2023
€ 1.1 million
▲ 15% vs 2022
€ 24,510 is repaid this year. At this pace the long-term loan is gone in ≈ 32 years.
€ 522,678
▼ 46% vs 2022
Supplier invoices still open on the last day of the fiscal year.
€ 401,127
▲ 15% vs 2022
Taxes, VAT and social contributions still to pay.
| 2021 | 2022 | 2023 | Change 2022 → 2023 | |
|---|---|---|---|---|
| Gross margin | € 716,560 | € 1,440,414 | € 820,449 | ▼ 43% |
| Profit after taxes | € 16,822 | € 15,753 | € -688,369 | ▼ € 704,123 |
| Equity | € 17,822 | € 33,575 | € -654,794 | ▼ € 688,369 |
| Total debts | € 1,825,581 | € 2,981,691 | € 2,258,011 | ▼ 24% |
| Cash | € 117,590 | € 184,125 | € 141,627 | ▼ 23% |
| Retained profit | € 16,822 | € 32,575 | € -655,794 | ▼ € 688,369 |
| Bank debt | € 750,000 | € 929,747 | € 1,069,584 | ▲ 15% |
| Balance sheet total | € 1,843,403 | € 3,015,266 | € 1,603,217 | ▼ 47% |
| Employees (FTE) | 46.3 | 106.4 | 89.9 | ▼ 16.5 |
Key figures of The Purples, 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 The Purples?
What happened at The Purples in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
The Purples is active according to the CBE. Legal situation: Opening faillissement.
- New annual accounts for financial year 2023: loss of € 688,369 (▼ € 704,123 vs 2022). filed late Source: NBB ↗
- New establishment in Sint-Martens-Latem. KBO
- New establishment in Gent. KBO
- New establishment in Gent. KBO
- Start of the company according to the CBE. KBO
In short
From € 16,822 profit in 2021 to € 688,369 loss in 2023.
Paid € 16,062 in corporate taxes since 2021.
Best year ever: 2021, with € 16,822 profit.
On average € 9,100 of value added per employee in 2023.
Management
The stake of WATR comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
The PurplesBehind The Purples is WATR NV. The shares are held by WATR (100%).
Establishments
Establishment units
Physical locations of this company
Twaalfapostelenstraat 6
9051 Gent
Voldersstraat 13
9000 Gent
Active since 1 June 2021
Voldersstraat 17A
9000 Gent
Active since 16 August 2021
Kortrijksesteenweg 140
9830 Sint-Martens-Latem
Active since 1 October 2023
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 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.
Website
Technologies
Certifications & Partners
Hosting & Email
Email provider
Microsoft 365
Hosting
NAMECHEAP-NET - Namecheap, Inc., US
Domain
Domain
beiruti.eu
Registrar
GoDaddy.com, LLC
Website info
Features
Security
Details
- Company number
- 0767.718.178
- VAT number
- BE 0767.718.178
- Registered office
- Twaalfapostelenstraat 6, 9051 Gent
- Names & denominations
- The Purples
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Opening faillissement
- Start date
- 30 April 2021
- Peppol
- Not registered
- Contact
- beiruti.eu +32477880743
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