Bankrupt · Opening faillissement (CBE)

Frans VAN HERREWEGHE & Zn

BE0860972493

Rechtspersoon Private limited company 1 establishment

Frans VAN HERREWEGHE & Zn is a construction company in Herzele. Private Limited, started on 9 October 2003, 1 establishment.

Molenstraat 57, 9550 Herzele

Behind the company: Andy VAN HERREWEGHE.

Start date

9 October 2003

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

  • Two loss years in a row NBB

    Negative result in 2020 and 2021.

  • Tight liquidity NBB

    Cash and receivables cover 40 % of short-term debt in 2021; threshold 65 %.

  • 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.

What it is worth Healthy

€ 160,259

▼ 14% vs 2020

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

Loss Caution

€ -25,644

▲ 42 % less loss than in 2020

Profit after tax over the fiscal year.

Cash in the bank

€ 5,056

▼ 61% vs 2020

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 € 141,659.

People and assets in 2021

Full-time equivalents

8.8

▼ 0.7 vs 2020

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

Wage cost

€ 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

Bank debt

€ 100,000

▲ 3% vs 2020

Loans from banks and other lenders, long and short.

Owed to suppliers

€ 136,854

▲ 26% vs 2020

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 157,025

▲ € 141,687 vs 2020

Taxes, VAT and social contributions still to pay.

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Key figures per fiscal year Download key figures (CSV)
20202021Change 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.

Management

Andy VAN HERREWEGHE
Frans VAN HERREWEGHE & Zn

Behind Frans VAN HERREWEGHE & Zn is Andy VAN HERREWEGHE.

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Directors

According to the 2021 annual accounts

Andy VAN HERREWEGHE

Administrator-manager

Establishments

Establishment units

Physical locations of this company

Registered office

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

Frequently asked questions

What does Frans VAN HERREWEGHE & Zn do?
Frans VAN HERREWEGHE & Zn is a construction company in Herzele. Private Limited, started on 9 October 2003, 1 establishment.
What is the address of Frans VAN HERREWEGHE & Zn?
The registered office of Frans VAN HERREWEGHE & Zn is located at Molenstraat 57, 9550 Herzele.
Is Frans VAN HERREWEGHE & Zn still active?
No. The CBE lists Frans VAN HERREWEGHE & Zn 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 Frans VAN HERREWEGHE & Zn registered on Peppol?
No, Frans VAN HERREWEGHE & Zn is currently not registered on the Peppol network.
What is the enterprise number of Frans VAN HERREWEGHE & Zn?
The enterprise number of Frans VAN HERREWEGHE & Zn is BE0860972493.
When was Frans VAN HERREWEGHE & Zn founded?
Frans VAN HERREWEGHE & Zn was founded on 9 October 2003.