F.M.E.
Open bankruptcyAre you a creditor?
Open bankruptcy
Source: Belgian Official Gazette
The judgment is more than a year old: a claim can no longer be filed, not even late. The trustee knows whether anything will still be paid out.
The procedure
- Court
- Commercial Court of Antwerp, Turnhout division
- Declared bankrupt
- 13 March 2018
- Official Gazette
- 19-03-2018 (pdf) ↗search the document for 2018/111802
Deadlines
- Provisional date payments stopped
- 13 March 2018A later judgment can change the date.art. XX.105, Code of Economic Law
- Appeal or third-party opposition until
- passed on 3 April 2018Fifteen days after the publication in the Official Gazette.art. XX.108, Code of Economic Law
- File the claim in RegSol, the Belgian insolvency register, until
- passed on 12 April 2018art. XX.104 and XX.155, Code of Economic Law
- First verification report
- passed on 24 April 2018Reclaim goods that are still yours, such as goods delivered under retention of title, before this day.art. XX.104 and XX.194, Code of Economic Law
- Late claim until
- passed on 13 March 2019A late claim shares only in what has not yet been paid out, and you bear its costs.art. XX.165, Code of Economic Law
Trustees
- Mr Arnauts-Smeets JacquesAarschotse-Steenweg 7, 2230 Herselt
- Mr Peeters GuntherAarschot-Sesteenweg 7, 2230 Herselt
- Mr Backx BennyCampus Blairon 427, 2300 Turnhout
What to do now
- The deadlines to file your claim have passed, including for a late claim: that was possible until a year after the judgment.
- Ask the trustee whether anything will still be paid out and whether your claim was admitted.
- Follow the file in RegSol: the trustee's reports appear there.
- Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered, subject to conditions.
The judgment is more than a year old: the deadline for a late claim (art. XX.165, Code of Economic Law) has passed too.
View the file in RegSol ↗
Follow
Follow this bankruptcy: you are alerted when it is closed or reversed.
General information, not legal advice. If in doubt, the trustee, your lawyer or your accountant can help.Creditor guide for this company
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Overview
Activity
Retail sale of women's outerwear
NACE 47711
2 sites
Size
≈ €420,000turnover 2016, estimated
- Staff
- 9.2 FTE
- Equity
- €1.0m
- Loss
- -€779,753
Turnover estimated from the gross margin
Financial health
Open bankruptcy: no score
Structure
6 deeds in the Belgian Official Gazette
Signalsraises riskOpen bankruptcyneutralLatest accounts filed on timeShow the evidence
Signals
Two signals.
raises riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2016 was due by 31-07-2017 and was filed on 26-07-2017, 5 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2016
5 days early
2015
31 days late
2014
1 day early
2013
56 days late
2012
30 days late
2011
30 days late
2010
11 days late
← before the deadline
after the deadline →
Searched, nothing found (1)
- OpeningCommercial Court of Antwerp, Turnhout…
- Annual accounts filedfinancial year 2016 · abbreviated…
- Weakest financial yearnet -€779,753
Financials · financial year 2016, abbreviated format
Turnover
≈ €420,000
Estimated: probably between €200,000 and €600,000
Total assets
€3.2m▼ 22.6%
2015 · €4.1m
Net result
-€779,753
2015 · €55,400
Working capital
€336,757▼ 65.0%
2015 · €960,818
Trend over the years
2012 to 2016, 5 financial years 2012 to 2016, 5 financial years
The operating result stays negative: a loss of €701,194 in 2016 against €216,072 in 2015; the loss grows and 2016 has the lowest result in the available series.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result-€0.7m
2016
Net result-€0.8m
2016
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€3.2m
2016
Equity€1.0m
2016
Debt€2.2m
2016
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital€0.3m
2016
Average staff in full-time equivalents (FTE).
Staff (FTE)9.2
2016
Use the arrow keys on the chart for the figures per year.
Every figure with its change against the financial year before
favourable
unfavourable
Line20122013201420152016
Operating result€0.2m--€0.3m-€0.04m▲ 88.4%-€0.2m▼ 434%-€0.7m▼ 225%
Net result-€0.002m-€0.4m-€0.2m€0.06m-€0.8m
Equity€1.5m-€1.9m▲ 26.2%€1.8m▼ 8.7%€1.8m▲ 3.1%€1.0m▼ 42.9%
Total assets€6.0m-€5.7m▼ 3.8%€4.2m▼ 26.6%€4.1m▼ 2.0%€3.2m▼ 22.6%
Debt€4.4m-€3.8m▼ 14.1%€2.4m▼ 35.7%€2.3m▼ 5.7%€2.2m▼ 6.7%
Working capital-€0.2m-€0.2m€0.5m▲ 192%€1.0m▲ 76.9%€0.3m▼ 65.0%
Staff (FTE)45.7-21.6▼ 52.7%13.4▼ 38.0%10.2▼ 23.9%9.2▼ 9.8%
Turnover and EBIT margin not published: the abbreviated format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2016 in colour, 2015 as the grey bar beneath
Assets €3.2m
Fixed assets
€1.4m ▼ 4.5%
Current assets
€1.8m ▼ 32.9%
Equity and liabilities €3.2m
Equity
€1.0m ▼ 42.9%
Debt
€2.2m ▼ 6.7%
Debt's share of the balance-sheet total rises from 55.9% to 67.5%. Equity and debt are lower.
Key figures and ratios
EBITDA
-€523,052▼
2015 · -€4,491
Cash flow
-€601,611▼
2015 · €266,981
Current ratio
1.23▼
2015 · 1.57
Quick ratio
1.00▼
2015 · 1.41
Debt to equity
0.69▲
2015 · 0.35
ROE
-75.2%▼
2015 · 3.0%
ROA
-24.4%▼
2015 · 1.3%
Debt ≤ 1 year
€1.4m▼
2015 · €1.7m
Debt > 1 year
€719,288▲
2015 · €630,668
Income taxes
€350▼
2015 · €1,248
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2012 | 2013 | 2014 | 2015 | 2016 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €0.8m | - | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €0.5m | €0.4m | €0.2m | €0.2m | €0.2m | ▼ 15.8% |
| Other operating charges640/8 | €0.09m | - | - | - | - | - |
| Gross operating margin9900 | €1.6m | €1.1m | €1.4m | €0.5m | €0.08m | ▼ 81.7% |
| Operating profit (loss)9901 | €0.2m | -€0.3m | -€0.04m | -€0.2m | -€0.7m | ▼ 225% |
| Recurring financial income75 | €0.004m | €0.02m | €0.009m | €0.007m | €287 | ▼ 95.9% |
| Recurring financial charges65 | €0.2m | €0.3m | €0.1m | €0.1m | €0.08m | ▼ 41.9% |
| Profit (loss) for the period before taxes9903 | €34 | €0.4m | -€0.2m | €0.06m | -€0.8m | - |
| Income taxes67/77 | €0.002m | €0.002m | €0.001m | €0.001m | €350 | ▼ 72.0% |
| Profit (loss) for the period9904 | -€0.002m | €0.4m | -€0.2m | €0.06m | -€0.8m | - |
| Profit (loss) for the period to be appropriated9905 | -€0.002m | €0.4m | -€0.2m | €0.06m | -€0.8m | - |
| Line | 2012 | 2013 | 2014 | 2015 | 2016 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €6.0m | €5.7m | €4.2m | €4.1m | €3.2m | ▼ 22.6% |
| Fixed assets21/28 | €3.0m | €2.7m | €1.9m | €1.5m | €1.4m | ▼ 4.5% |
| Intangible fixed assets21 | €0.02m | €0.004m | - | - | - | - |
| Tangible fixed assets22/27 | €3.0m | €2.7m | €1.9m | €1.5m | €1.4m | ▼ 4.5% |
| Land and buildings22 | €2.0m | - | - | - | - | - |
| Plant, machinery and equipment23 | €0.02m | - | - | - | - | - |
| Furniture and vehicles24 | €0.04m | - | - | - | - | - |
| Other tangible fixed assets26 | €0.9m | - | - | - | - | - |
| Financial fixed assets28 | €0.001m | €0.001m | €0.001m | €0.001m | €0.001m | = |
| Current assets29/58 | €3.0m | €3.0m | €2.3m | €2.6m | €1.8m | ▼ 32.9% |
| Stocks and contracts in progress3 | €0.9m | €0.5m | €0.4m | €0.3m | €0.3m | ▲ 25.1% |
| Stocks30/36 | €0.9m | - | - | - | - | - |
| Amounts receivable within one year40/41 | €2.0m | €2.4m | €1.8m | €2.0m | €1.4m | ▼ 29.2% |
| Trade receivables40 | €0.8m | - | - | - | - | - |
| Other amounts receivable41 | €1.2m | - | - | - | - | - |
| Current investments50/53 | - | - | - | €33 | - | - |
| Cash at bank and in hand54/58 | €0.04m | €0.2m | €0.2m | €0.4m | €0.03m | ▼ 91.3% |
| Deferred charges and accrued income490/1 | €0.01m | - | - | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €6.0m | €5.7m | €4.2m | €4.1m | €3.2m | ▼ 22.6% |
| Equity10/15 | €1.5m | €1.9m | €1.8m | €1.8m | €1.0m | ▼ 42.9% |
| Contributions10/11 | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | = |
| Capital10 | €0.02m | - | - | - | - | - |
| Issued capital100 | €0.02m | - | - | - | - | - |
| Reserves13 | €1.5m | €1.9m | €1.7m | €1.7m | €1.0m | ▼ 41.5% |
| Legal reserve130 | €0.03m | - | - | - | - | - |
| Tax-exempt reserves132 | €0.05m | - | - | - | - | - |
| Distributable reserves133 | €1.4m | - | - | - | - | - |
| Profit (loss) carried forward14 | €0.03m | €0.03m | €0.06m | €0.06m | €0.003m | ▼ 94.5% |
| Amounts payable17/49 | €4.4m | €3.8m | €2.4m | €2.3m | €2.2m | ▼ 6.7% |
| Amounts payable after more than one year17 | €1.2m | €0.9m | €0.7m | €0.6m | €0.7m | ▲ 14.1% |
| Financial debts170/4 | €1.2m | - | - | - | - | - |
| Amounts payable within one year42/48 | €3.2m | €2.9m | €1.7m | €1.7m | €1.4m | ▼ 14.5% |
| Current portion of amounts payable after more than one year42 | €0.4m | - | - | - | - | - |
| Financial debts43 | €0.6m | - | - | - | - | - |
| Credit institutions430/8 | €0.6m | - | - | - | - | - |
| Trade debts44 | €1.2m | €0.9m | €0.5m | €0.6m | €0.5m | ▼ 6.8% |
| Suppliers440/4 | €1.2m | - | - | - | - | - |
| Taxes, remuneration and social security45 | €0.08m | - | - | - | - | - |
| Taxes450/3 | €0.01m | - | - | - | - | - |
| Remuneration and social security454/9 | €0.07m | - | - | - | - | - |
| Other amounts payable47/48 | €0.9m | - | - | - | - | - |
| Line | 2012 | 2013 | 2014 | 2015 | 2016 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€1,989 | €400,288 | -€168,687 | €55,400 | -€779,753 | - |
| + Depreciation and write-downs630 | €483,709 | €362,779 | €160,155 | €211,581 | €178,142 | ▼ 15.8% |
| Operating cash flow (approximation) | €481,720 | €763,067 | -€8,532 | €266,981 | -€601,611 | - |
| Investment in fixed assets (approximation) | - | -€48,669 | €612,559 | €220,797 | -€111,070 | - |
| Change in cash | - | €110,705 | €16,850 | €193,022 | -€332,056 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 17 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2016 | abbreviated format | 26-07-2017 | 2017-35700088 |
| 31-12-2015 | abbreviated format | 31-08-2016 | 2016-55200131 |
| 31-12-2014 | abbreviated format | 30-07-2015 | 2015-37400550 |
| 31-12-2013 | abbreviated format | 25-09-2014 | 2014-60400486 |
| 31-12-2012 | abbreviated format | 30-08-2013 | 2013-55200197 |
| 31-12-2011 | abbreviated format | 30-08-2012 | 2012-53900567 |
| 31-12-2010 | abbreviated format | 11-08-2011 | 2011-39600140 |
| 31-12-2009 | abbreviated format | 31-10-2010 | 2010-59800021 |
| 31-12-2008 | abbreviated format | 02-11-2009 | 2009-84300072 |
| 31-12-2007 | abbreviated format | 27-10-2008 | 2008-79600059 |
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Of the 2,173 active companies whose main activity is retail sale of women's outerwear (NACE 47711), figures are known for 914. 383 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Directors
No directors read yet: 0 of 6 Gazette acts processed. See the directors and other office holders in the KBO →
Insolvency mandates
3 mandates| Role | Name | Tenure |
|---|---|---|
| Trustee | Mr Arnauts-Smeets Jacques Aarschotse-Steenweg 7, 2230 Herselt |
13-03-2018 → present |
| Trustee | Mr Peeters Gunther Aarschot-Sesteenweg 7, 2230 Herselt |
13-03-2018 → present |
| Trustee | Mr Backx Benny Campus Blairon 427, 2300 Turnhout |
13-03-2018 → present |
Owners and capital
Owners
No owners or capital events in the accounts and acts we read.
History
Acts, filings and financial milestones
2018
19-03
Bankruptcy
Opening
Commercial Court of Antwerp, Turnhout division · judgment of 13-03-2018
2017
26-07
NBB filing
Annual accounts filed
financial year 2016 · abbreviated format
2016
31-12
Financial
Weakest financial yearnet -€779,753
Net result drops to -€779,753, the lowest in the series.
31-08
NBB filing
Annual accounts filed
financial year 2015 · abbreviated format · 31 days late
2015
31-12
Financial
Back to profitnet €55,400
Net result €55,400 after one loss-making year.
30-07
NBB filing
Annual accounts filed
financial year 2014 · abbreviated format
2014
25-09
NBB filing
Annual accounts filed
financial year 2013 · abbreviated format · 56 days late
2013
31-12
Financial
Back to profitnet €400,288
Net result €400,288 after one loss-making year.
30-08
NBB filing
Annual accounts filed
financial year 2012 · abbreviated format · 30 days late
2012
30-08
NBB filing
Annual accounts filed
financial year 2011 · abbreviated format · 30 days late
2011
11-08
NBB filing
Annual accounts filed
financial year 2010 · abbreviated format · 11 days late
2010
31-10
NBB filing
Annual accounts filed
financial year 2009 · abbreviated format · 92 days late
2009
02-11
NBB filing
Annual accounts filed
financial year 2008 · abbreviated format · 94 days late
2008
27-10
NBB filing
Annual accounts filed
financial year 2007 · abbreviated format · 88 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the financial year-end date, not the filing date.Of the 17 annual accounts filed, the latest 10 are here; all 17 are under Financials.
0 of 6 deeds read
About the unread acts
We know of 6 Belgian Official Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Opening faillissement
F.M.E. is in the KBO register with the legal situation: opening faillissement.
- Legal situation
- Opening faillissement
- Last annual accounts
- financial year to 31 December 2016
- Legal form
- Private limited company (pre-2019)
- Active since
- 30 December 1999
Register details
Identification
Legal formPrivate limited company (pre-2019)
Founded30-12-1999
Financial year end31-12
Activities, NACEBEL 2025
47711Retail sale of women's outerwear
41001General construction of residential buildings
47811Retail sale of cars and light vans (up to 3.5 tonnes)
68110Buying and selling of own real estate
70200Business and other management consultancy
E-invoicing
Not found in the Peppol Directory
No listing in the Peppol Directory under this enterprise or VAT number. That proves nothing: being listed there is voluntary.
Register as of 30 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
Location & real-estate footprint
Registered office, Geel · 2 establishment units since 2012
Ground area
1.8 ha
Building footprint
4,068 m²
Building volume
9,493 m³
3 parcels, Flanders · tallest building 10.8 m. Linked by address, not a title deed.
4
companies at this address
See who is registered here
2 establishment units
Trendy Fashion Geel
since 2012unit no. 2.215.523.946
Trendy Fashion Grobbendonk
since 2012unit no. 2.215.525.035
3 parcels
Flanders
3
(100%)
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 13373L0143/00L000 | Flanders | 1.1 ha | 1 · 2,423 m² | 0.2 m |
| 13375M1266/00G002 | Flanders | 4,411 m² | 1 · 1,264 m² | 7.7 m · 2 |
| 13010D0246/00P018 | Flanders | 2,381 m² | 1 · 381 m² | 10.8 m · 2 |
How the parcels are linked
Good to know
All 3 parcels match the address exactly.