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 2 fiscal years.
-
Two loss years in a row NBB
Negative result in 2021 and 2022.
-
Tight liquidity NBB
Cash and receivables cover 16 % of short-term debt in 2022; threshold 65 %.
-
Legal situation KBO
Opening faillissement according to the CBE.
Financials
Financial year 2022
RenoveArt from Chastre, company number BE0846543249, closed financial year 2022 with a result of € -9,271 after tax. For that financial year RenoveArt recorded a gross margin of € -2,692 and equity of € -79,146. Compared with financial year 2021, the result moved from € -25,115 to € -9,271. 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 31, 2023.
€ -79,146
▼ € 9,271 vs 2021
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -9,271
▲ 63 % less loss than in 2021
Profit after tax over the fiscal year.
Loss, nothing to pay out
Reserves fell to € -87,346.
People and assets in 2022
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 14,241
▼ 25% vs 2021
Book value of vehicles, furniture and equipment.
Debts at end 2022
€ 15,748
▼ 19% vs 2021
Loans from banks and other lenders, long and short.
€ 11,691
▼ 29% vs 2021
Supplier invoices still open on the last day of the fiscal year.
€ 6
▼ € 9,197 vs 2021
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2021 | 2022 | Change 2021 → 2022 | |
|---|---|---|---|
| Gross margin | € -19,686 | € -2,692 | ▲ € 16,994 |
| Profit after taxes | € -25,115 | € -9,271 | ▲ € 15,844 |
| Equity | € -69,874 | € -79,146 | ▼ € 9,271 |
| Total debts | € 180,912 | € 181,466 | |
| Cash | € 13,823 | - | |
| Retained profit | € -78,074 | € -87,346 | ▼ € 9,271 |
| Bank debt | € 19,361 | € 15,748 | ▼ 19% |
| Balance sheet total | € 111,037 | € 102,321 | ▼ 8% |
Key figures of RenoveArt, fiscal years 2021 to 2022, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2023 has not been filed yet; it was expected before 31 July 2024.
What happened to RenoveArt?
What happened at RenoveArt in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
RenoveArt is active according to the CBE. Legal situation: Opening faillissement.
- New annual accounts for financial year 2022: loss of € 9,271. filed late Source: NBB ↗
- New establishment in Chastre. KBO
- Start of the company according to the CBE. KBO
In short
From € 25,115 loss in 2021 to € 9,271 loss in 2022.
Management
Behind RenoveArt are ALAIN SCHUERWEGEN and TRIUMPHUS SRL.
Directors
According to the 2022 annual accounts
ALAIN SCHUERWEGEN
Director
Manager · represented by ALAIN SCHUERWEGEN
Establishments
Establishment units
Physical locations of this company
Rue Alphonse Minique 47
1450 Chastre
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
- 0846.543.249
- VAT number
- BE 0846.543.249
- Registered office
- Rue Alphonse Minique 47, 1450 Chastre
- Names & denominations
- RenoveArt
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Opening faillissement
- Start date
- 13 June 2012
- Peppol
- Not registered