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 2020 and 2021.
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Tight liquidity NBB
Cash and receivables cover 0 % of short-term debt in 2021; threshold 65 %.
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Legal situation KBO
Opening faillissement according to the CBE.
Financials
Financial year 2021
AFRICA RENEWABLES GROUP from Oudergem, company number BE0838918257, closed financial year 2021 with a result of € -2,753 after tax. For that financial year AFRICA RENEWABLES GROUP recorded a gross margin of € -2,753 and equity of € -5.2 million. Compared with financial year 2020, the result moved from € -12,208 to € -2,753. 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 December 15, 2022.
€ -5.2 million
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -2,753
▲ 77 % less loss than in 2020
Profit after tax over the fiscal year.
€ 24
▼ 2% vs 2020
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -8.4 million.
Debts at end 2021
None
No bank loans on the last day of the fiscal year.
€ 30,606
Supplier invoices still open on the last day of the fiscal year.
€ 6,979
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2020 | 2021 | Change 2020 → 2021 | |
|---|---|---|---|
| Gross margin | € -9,997 | € -2,753 | ▲ € 7,245 |
| Profit after taxes | € -12,208 | € -2,753 | ▲ € 9,455 |
| Equity | € -5,165,660 | € -5,168,413 | |
| Total debts | € 4,015,203 | € 4,017,955 | |
| Cash | € 24 | € 24 | ▼ 2% |
| Retained profit | € -8,425,160 | € -8,427,913 | |
| Balance sheet total | € 43 | € 42 | ▼ 1% |
Key figures of AFRICA RENEWABLES GROUP, fiscal years 2020 to 2021, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2022 has not been filed yet; it was expected before 31 July 2023.
What happened to AFRICA RENEWABLES GROUP?
What happened at AFRICA RENEWABLES GROUP in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
AFRICA RENEWABLES GROUP is active according to the CBE. Legal situation: Opening faillissement.
- New annual accounts for financial year 2021: loss of € 2,753. filed late Source: NBB ↗
- New establishment in Waterloo. KBO
- Start of the company according to the CBE. KBO
In short
From € 12,208 loss in 2020 to € 2,753 loss in 2021.
A new publication or filing at AFRICA RENEWABLES GROUP? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind AFRICA RENEWABLES GROUP are Mohammed Mehdi and Jean-François Guillon. It owns 100% of Takadori Renewable Energy Ltd itself.
Directors
According to the 2021 annual accounts
Mohammed Mehdi
Director
Jean-François Guillon
Director
Establishments
Establishment units
Physical locations of this company
Invalidenlaan 117 box 1
1160 Oudergem
Chaussée de Louvain 273
1410 Waterloo
Active since 29 August 2011
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
- 0838.918.257
- VAT number
- BE 0838.918.257
- Registered office
- Invalidenlaan 117 bus 1, 1160 Oudergem
- Names & denominations
- AFRICA RENEWABLES GROUP
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Opening faillissement
- Start date
- 29 August 2011
- Peppol
- Not registered