Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 60 % of short-term debt in 2023; threshold 65 %.
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Busy address KBO
43 other companies have their registered office at the same address; threshold 10.
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Legal situation KBO
Opening faillissement according to the CBE.
Financials
Financial year 2023
Target from Geel, company number BE0840291303, closed financial year 2023 with a result of € -77,792 after tax. For that financial year Target recorded a gross margin of € 552,708 and equity of € 219,157. Compared with financial year 2022, the result moved from € 9,502 to € -77,792. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on September 30, 2024.
€ 219,157
▼ 26% vs 2022
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -77,792
▼ still € 9,502 profit in 2022
Profit after tax over the fiscal year.
€ 18,975
▼ 47% vs 2022
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 200,557.
People and assets in 2023
5.3
▲ 0.8 vs 2022
Average over the fiscal year, from the social balance sheet.
€ 381,162
▲ 26% vs 2022
€ 71,900 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.
€ 593,769
▲ 54% vs 2022
Of which on lease € 555,169.
Debts at end 2023
€ 497,489
▲ 60% vs 2022
€ 133,548 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 18,002
▼ 71% vs 2022
Supplier invoices still open on the last day of the fiscal year.
€ 299,944
▲ 102% vs 2022
Taxes, VAT and social contributions still to pay.
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| 2021 | 2022 | 2023 | Change 2022 → 2023 | |
|---|---|---|---|---|
| Gross margin | € 402,631 | € 461,671 | € 552,708 | ▲ 20% |
| Profit after taxes | € 110,124 | € 9,502 | € -77,792 | ▼ € 87,294 |
| Equity | € 287,448 | € 296,950 | € 219,157 | ▼ 26% |
| Total debts | € 450,229 | € 544,328 | € 822,685 | ▲ 51% |
| Cash | € 5,322 | € 35,615 | € 18,975 | ▼ 47% |
| Retained profit | € 268,848 | € 278,350 | € 200,557 | ▼ 28% |
| Bank debt | € 223,449 | € 310,549 | € 497,489 | ▲ 60% |
| Balance sheet total | € 737,677 | € 841,277 | € 1,041,843 | ▲ 24% |
| Employees (FTE) | 1.7 | 4.5 | 5.3 | ▲ 0.8 |
Key figures of Target, 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 Target?
What happened at Target in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
Target is active according to the CBE. Legal situation: Opening faillissement.
- New annual accounts for financial year 2023: loss of € 77,792 (▼ € 87,294 vs 2022). filed late Source: NBB ↗
- Elly Verstrepen became a director. NBB
- Jason Fry became a director. NBB
- New establishment in Geel. KBO
- Robin Fry became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 110,124 profit in 2021 to € 77,792 loss in 2023.
Paid € 57,738 in corporate taxes since 2021.
Best year ever: 2021, with € 110,124 profit.
On average € 104,300 of value added per employee in 2023.
A new publication or filing at Target? 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 Target are Jason Fry, Robin Fry and Elly Verstrepen.
Directors
According to the 2023 annual accounts
Jason Fry
Director
since 2018
Robin Fry
Director
since 2011
Elly Verstrepen
Director
since 2020
Establishments
Establishment units
Physical locations of this company
Kleinhoefstraat 5 box 11
2440 Geel
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 43 companies are registered at this address.
All companies at this address →SOLEM
€ -2,021 gross margin · 2025
OFFICENTER IMMO GEEL
€ 168,608 gross margin · 2025
KANTERS
€ -36,074 gross margin · 2025
WEDAM
€ 405,109 gross margin · 2025
KOUDE KEUKEN
€ -18,183 gross margin · 2025
+38 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0840.291.303
- VAT number
- BE 0840.291.303
- Registered office
- Kleinhoefstraat 5 bus 11, 2440 Geel
- Names & denominations
- Target
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Opening faillissement
- Start date
- 1 October 2011
- Peppol
- Active · Active since 18 Dec 2025
- Activities · NACE
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