Active BE 0465.958.405Public limited company

De Facto Management

· 27 yrs active

Sector: Detailhandel in medische en orthopedische artikelen, muv corrigerende brillen, lenzen en zonnebrillen (47741)

Conclusion Checked

The KBO register records legal situation 050 for De Facto Management (Register: open bankruptcy); this is today's state according to the register itself, which carries no start date. The 2021 annual accounts show negative equity (€-169k) and a net result of €-1.33M.

Based on the State Gazette, CBE and 3 annual accounts.

Key figures

Equity	€-169k
Net result	€-1.33M
Better than sector	5%
Active	27 yrs

Financial profile 5 of 5 axes measured · computed by Checked

36 / 100

Fragile profile, watch health in particular.

All 5 axes are computed from data Checked has read.

Health 0

Profitability 100

Solvency 50

Growth 32

Stability 0

Bankruptcy probability (12 mo) Checked model v1 · free

Bankruptcy opened

A bankruptcy procedure is already open, a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.

Risk Assessment rule-based

0 / 100

High riskRegister: open bankruptcy

This score counts publications in the Belgian State Gazette only. The KBO register additionally records legal situation 050 for this company; it does not feed the figure above.

Trust signals 1 signals

Register: open bankruptcy

The KBO register records legal situation 050 for this company. This is today's state according to the register itself; the register carries no start date.

Administrative Flags0 events

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Health barometer FY 2021 · computed

0 / 100 Critical

050100

Computed from 4 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.

See plans →

Computed by Checked from the NBB filing for FY 2021 and the legal situation the KBO register itself records. Indicative, not credit advice.

Financial overview10 NBB filings

Annual accounts filed on 28-02-2022 with the NBB · fiscal year 2021 · micro

Operating resultNet result

Sector comparison

Fiscal year 2021 · NACE 47, Retail trade · compared within the same schema type (micro schema)

Metric	This company	Sector median	Position in the sector
Solvency	-451.3%	22.6%	better than 5% of 2689 sector peers
Net result	€-19k	€3k	better than 11% of 2680 sector peers
Equity	€-169k	€17k	better than 5% of 2693 sector peers
Gross operating margin	€-15k	€21k	better than 6% of 2666 sector peers
Total assets	€38k	€93k	better than 27% of 2690 sector peers

Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.

EBITDA

€-20k

- 19-21

Net profit

€-1.33M

-1.5% 19-21

Cash flow

€-1.33M

-1.8% 19-21

Total assets

€38k

-97.9% 19-21

Equity

€-169k

-12.8% 19-21

Working capital

€31k

- 19-21

Income taxes

€0

-100.0% 19-21

Debt

€5k

-99.7% 19-21

Show 6 other metrics

Debt ≤ 1y

€5k

-99.7% 19-21

Current ratio

6.77

+30512.0% 19-21

Quick ratio

5.05

+45180.6% 19-21

Solvency

-451.3%

-5169.8% 19-21

ROE

787.6%

-10.0% 19-21

ROA

-3554.8%

-4641.2% 19-21

Figures by fiscal year

Highlight YoY changes (±10%)

Fiscal year	2021
Deposit	micro
Revenue	-
EBITDA	€-20k
Net profit	€-1.33M
Cash flow	€-1.33M
Staff costs	-
Income taxes	€0
Dividends	-
Total assets	€38k
Equity	€-169k
Debt	€5k
of which ≤ 1y	€5k
of which > 1y	-
Working capital	€31k
Employees (FTE)	-

Ratios (computed)

	2021
Current ratio	6.77
Quick ratio	5.05
Working capital ratio	83.4%
Solvency	-451.3%
Debt / equity	-
Long-term debt ratio	-
Interest coverage	-
Gross margin	-
Net margin	-
ROA	-3554.8%
ROE	787.6%
EBITDA margin	-
Days sales outstanding	-
Days payable outstanding	-
Inventory turnover	-
Days inventory (DSI)	-

Balance-sheet composition 2021

Assets

Fixed assets €826 · 2.2% Current assets €37k · 97.8%

Full annual accounts (24 line items)

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2021
Balance sheet, Assets
TOTAL ASSETS	20/58	€38k
Fixed assets	21/28	€826
Tangible fixed assets	22/27	€826
Current assets	29/58	€37k
Stocks & contracts in progress	3	€9k
Amounts receivable within one year	40/41	€3k
Cash & bank	54/58	€24k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€38k
Equity	10/15	€-169k
Contributions / capital	10/11	€124k
Reserves	13	€1.04M
Accumulated profits (losses)	14	€-1.33M
Provisions & deferred taxes	16	€202k
Amounts payable	17/49	€5k
Amounts payable within one year	42/48	€5k
Trade debts payable within one year	44	€3k
Income statement
Gross operating margin	9900	€-15k
Operating result	9901	€-20k
Financial income	75	€934
Financial charges	65	€139
Result before taxes	9903	€-19k
Income taxes	67/77	€0
Net result for the period	9904	€-19k
Result to be appropriated	9905	€-19k

This table shows the latest fiscal year. 2 prior years, with figures and ratios, belong to a paid plan. See plans →

Ratios computed by Checked.

Legal Structure

NACE primary	Detailhandel in medische en orthopedische artikelen, muv corrigerende brillen, lenzen en zonnebrillen(47741)
Legal form	Public limited company(014)
Incorporation	26-04-1999
Status	Active
Postal code	-

Establishment units 1 location

Establishment

het invullen van aangifteformulieren voor de loon- en inkomstenbelasting voor particulieren en bedrijven

since 19992.091.150.546

Physical sites registered in the Crossroads Bank for Enterprises (CBE).

Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 2 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
11811L3838/00N000	Flanders	261 m²	1 · 261 m²	22.5 m · 6 fl.
44432C1061/00M004	Flanders	42 m²	-	-

Methodology

via registered seat: 1 · via establishment units: 1

2 of 2 parcels with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Updates 10 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2022

28-02-2022