Bankrupt · Opening faillissement (CBE)

GROWNERS

BE0860002790

Rechtspersoon Public limited company 1 establishment

GROWNERS is registered with the CBE as active in: Handel in eigen onroerend goed. Public Limited, started on 7 August 2003, 1 establishment.

Chaussée de Louvain 431F, 1380 Lasne

Start date

7 August 2003

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 52 % of short-term debt in 2023; threshold 65 %.

  • Shrinking team NBB

    FTE fell two years in a row, from 10.3 to 8.7.

  • Busy address KBO

    11 other companies have their registered office at the same address; threshold 10.

  • Legal situation KBO

    Opening faillissement according to the CBE.

Financials

Financial year 2023

GROWNERS from Lasne, company number BE0860002790, closed financial year 2023 with a result of € -1.1 million after tax. For that financial year GROWNERS recorded revenue of € 4.5 million and equity of € 2.5 million. Compared with financial year 2022, the result moved from € 142,602 to € -1.1 million. The company made a loss. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on February 29, 2024.

What it is worth Healthy

€ 2.5 million

▼ 31% vs 2022

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

Loss Caution

€ -1.1 million

▼ still € 142,602 profit in 2022

Profit after tax over the fiscal year.

Cash in the bank

€ 420,956

▼ 2% 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 € 694,661.

People and assets in 2023

Full-time equivalents

8.7

▼ 1.2 vs 2022

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 847,906

▼ 7% vs 2022

€ 97,500 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.

Vehicles and equipment

€ 23,399

▼ 15% vs 2022

Book value of vehicles, furniture and equipment.

Debts at end 2023

Bank debt ≈ 44 years to go

€ 9.2 million

▼ 11% vs 2022

€ 100,000 is repaid this year. At this pace the long-term loan is gone in ≈ 44 years.

Owed to suppliers

€ 1.6 million

▲ 229% vs 2022

Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 116 days on average.

Taxes and wages

€ 155,998

▼ 72% vs 2022

Taxes, VAT and social contributions still to pay.

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Key figures per fiscal year Download key figures (CSV)
202120222023Change 2022 → 2023
Revenue € 5,214,574 € 6,086,962 € 4,514,278 ▼ 26%
Profit after taxes € 792,652 € 142,602 € -1,095,302 ▼ € 1.2 million
Equity € 3,427,361 € 3,569,963 € 2,474,661 ▼ 31%
Total debts € 26,687,837 € 27,944,101 € 30,655,237 ▲ 10%
Cash € 372,466 € 431,205 € 420,956 ▼ 2%
Retained profit € 1,647,361 € 1,789,963 € 694,661 ▼ 61%
Bank debt € 5,531,734 € 10,351,934 € 9,214,222 ▼ 11%
Balance sheet total € 30,115,198 € 31,514,064 € 33,129,898 ▲ 5%
Employees (FTE) 10.3 9.9 8.7 ▼ 1.2

Key figures of GROWNERS, 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 30 April 2025.

What happened to GROWNERS?

What happened at GROWNERS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

GROWNERS is active according to the CBE. Legal situation: Opening faillissement.

  • VS MANCO SRL stepped down as director. NBB
  • CLO MANAGEMENT SRL stepped down as director. NBB
  • INFINITY BUSINESS SRL stepped down as director. NBB
  • New annual accounts for financial year 2023: loss of € 1.1 million (▼ € 1.2 million vs 2022). Source: NBB ↗
  • VS MANCO SRL became a director. NBB
  • CLO MANAGEMENT SRL became a director. NBB
  • INFINITY BUSINESS SRL became a director. NBB
  • New establishment in Lasne. KBO

In short

From € 792,652 profit in 2021 to € 1.1 million loss in 2023.

Paid € 484,473 in corporate taxes since 2021.

Best year ever: 2021, with € 792,652 profit.

Pays suppliers within 116 days on average.

Management

The stake of Société Anonyme d'Etudes et de Propriété Immobilière, CRESCENDIMMO HOLDING comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

GROWNERS

The shares are held by Société Anonyme d'Etudes et de Propriété Immobilière (94.9%) and CRESCENDIMMO HOLDING (22.4%). It owns 100% of INTEGROWN INVEST, 60.2% of TAKE-UP INVEST, 20% of PORTIC and 18.2% of OPPORTUNISTIC PROPERTY FUND itself.

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Directors

According to the 2023 annual accounts

INFINITY BUSINESS SRL

Director · represented by Eric BASTIN

Also active at: Sodimco, Take-Up Invest, Own Premises Invest, INTEGROWN INVEST, BELGROWN INVEST, MAOK

since 2021 · until 2027

Establishments

Establishment units

Physical locations of this company

Registered office

Chaussée de Louvain 431F

1380 Lasne

2.133.110.370

Chaussée de Louvain 431

1380 Lasne

Active since 7 August 2003

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number
0860.002.790
VAT number
BE 0860.002.790
Registered office
Chaussée de Louvain 431F, 1380 Lasne
Names & denominations
GROWNERS · SVP
Enterprise type
Rechtspersoon
Legal form
Public limited company
Legal situation
Opening faillissement
Start date
7 August 2003
Peppol
Active · Active since 6 Aug 2026
Activities · NACE

Handel in eigen onroerend goed

Handel in onroerend goed

Frequently asked questions

What does GROWNERS do?
GROWNERS is registered with the CBE as active in: Handel in eigen onroerend goed. Public Limited, started on 7 August 2003, 1 establishment.
What is the address of GROWNERS?
The registered office of GROWNERS is located at Chaussée de Louvain 431F, 1380 Lasne.
Is GROWNERS still active?
No. The CBE lists GROWNERS 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 GROWNERS registered on Peppol?
Yes, GROWNERS is registered on the Peppol network with ID 0208:0860002790.
What is the enterprise number of GROWNERS?
The enterprise number of GROWNERS is BE0860002790.
When was GROWNERS founded?
GROWNERS was founded on 7 August 2003.