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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Two loss years in a row NBB
Negative result in 2020 and 2021.
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Tight liquidity NBB
Cash and receivables cover 40 % 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
Frans VAN HERREWEGHE & Zn from Herzele, company number BE0860972493, closed financial year 2021 with a result of € -25,644 after tax. For that financial year Frans VAN HERREWEGHE & Zn recorded a gross margin of € 286,523 and equity of € 160,259. Compared with financial year 2020, the result moved from € -44,017 to € -25,644. 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 June 21, 2022.
€ 160,259
▼ 14% vs 2020
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -25,644
▲ 42 % less loss than in 2020
Profit after tax over the fiscal year.
€ 5,056
▼ 61% vs 2020
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 141,659.
People and assets in 2021
8.8
▼ 0.7 vs 2020
Average over the fiscal year, from the social balance sheet.
€ 285,206
▼ 22% vs 2020
€ 32,400 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.
Debts at end 2021
€ 100,000
▲ 3% vs 2020
Loans from banks and other lenders, long and short.
€ 136,854
▲ 26% vs 2020
Supplier invoices still open on the last day of the fiscal year.
€ 157,025
▲ € 141,687 vs 2020
Taxes, VAT and social contributions still to pay.
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| 2020 | 2021 | Change 2020 → 2021 | |
|---|---|---|---|
| Gross margin | € 333,084 | € 286,523 | ▼ 14% |
| Profit after taxes | € -44,017 | € -25,644 | ▲ € 18,373 |
| Equity | € 185,903 | € 160,259 | ▼ 14% |
| Total debts | € 354,869 | € 502,069 | ▲ 41% |
| Cash | € 12,814 | € 5,056 | ▼ 61% |
| Land & buildings | € 1,698 | € 1,415 | ▼ 17% |
| Retained profit | € 167,303 | € 141,659 | ▼ 15% |
| Bank debt | € 97,157 | € 100,000 | ▲ 3% |
| Balance sheet total | € 540,772 | € 662,328 | ▲ 22% |
| Employees (FTE) | 9.5 | 8.8 | ▼ 0.7 |
Key figures of Frans VAN HERREWEGHE & Zn, 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 Frans VAN HERREWEGHE & Zn?
What happened at Frans VAN HERREWEGHE & Zn in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
Frans VAN HERREWEGHE & Zn is active according to the CBE. Legal situation: Opening faillissement.
- New annual accounts for financial year 2021: loss of € 25,644. Source: NBB ↗
- Start of the company according to the CBE. KBO
- New establishment in Herzele. KBO
In short
From € 44,017 loss in 2020 to € 25,644 loss in 2021.
On average € 32,600 of value added per employee in 2021.
A new publication or filing at Frans VAN HERREWEGHE & Zn? 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 Frans VAN HERREWEGHE & Zn is Andy VAN HERREWEGHE.
Directors
According to the 2021 annual accounts
Andy VAN HERREWEGHE
Administrator-manager
Establishments
Establishment units
Physical locations of this company
Molenstraat 57
9550 Herzele
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
- 0860.972.493
- VAT number
- BE 0860.972.493
- Registered office
- Molenstraat 57, 9550 Herzele
- Names & denominations
- Frans VAN HERREWEGHE & Zn
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Opening faillissement
- Start date
- 9 October 2003
- Peppol
- Not registered
- Activities · NACE
Algemene bouw van residentiële gebouwen
Bouwen van individuele huizen
Bouwrijp maken van terreinen
Metselwerk
Installatie van isolatie
Slopen
Isolatiewerkzaamheden
Uitvoeren van metsel- en voegwerken