F.S. DESIGN
Open bankruptcyA bankruptcy procedure is open for F.S. DESIGN according to publications in the Belgian State Gazette; curator: SOFIE DE NIJS.
Summary
The 2021 annual accounts show equity of €21,050 and a net result of €11,233.
Are you a creditor?
Open bankruptcy
Source: Belgian Official Gazette
If this company owes you money, you are not paid automatically: you file your claim yourself, within the deadline the judgment sets.
The procedure
- Court
- Enterprise Court of Ghent, Bruges division
- Declared bankrupt
- 28 June 2024
- Supervising judge
- Frederik Moortgat
- Official Gazette
- 10-07-2024 (pdf) ↗search the document for 2024/128868
Deadlines
- Provisional date payments stopped
- 28 June 2024A later judgment can change the date.art. XX.105 CEL
- Appeal or third-party opposition until
- passed on 25 July 2024Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
- File the claim in RegSol until
- passed on 28 July 2024art. XX.104 and XX.155 CEL
- First verification report
- passed on 7 August 2024Goods that belong to you, such as those delivered under retention of title, are reclaimed before this day.art. XX.104 and XX.194 CEL
- Late claim until
- passed on 28 June 2025Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL
Curator
- Sofie De NijsBrandstraat 117, 8755 Ruiseledesofie@advocaatdenijs.be
What to do now
- Do not deliver on credit any more without an agreement with the curator.
- Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
- File your proof of claim in RegSol (regsol.be), yourself with eID or itsme, or through your lawyer. State principal, interest and costs separately, and any preferential right you hold.
- Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
- Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
- Follow the file in RegSol: the verification report (admitted or disputed) and the curator's reports appear there.
The deadlines above come from the publication of the judgment. Check them in RegSol before you file anything; a passed deadline no longer applies.
File a claim in RegSol ↗
Watch
Follow this bankruptcy: you are alerted when it is closed or reversed.
General information, not legal advice. If in doubt, the curator, your lawyer or your accountant can help.Creditor guide for this company
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Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2021 was due by 31-01-2022 and was filed on 24-01-2022, 7 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not filed
2024
not filed
2023
not filed
2022
not filed
2021
7 d early
2020
5 d early
2019
61 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 3 accounts on average 16 days after the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.
Checked, nothing found (1)
History
Go further with this company
Who ran this company, and where was it based, on a date before the end?Company as of a date Is the registered address a letterbox address or a business centre?Addresses Are there other customers at risk in your own list?List enrichment How is the Agents in non-specialised wholesale trade sector doing?Sector figures
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2021, micro schema
Equity
€21,050▲ 114%
2020 · €9,817
Total assets
€26,325▲ 80.9%
2020 · €14,549
Net result
€11,233▼ 26.9%
2020 · €15,360
Working capital
€21,050▲ 137%
2020 · €8,880
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line201920202021
Operating result€9,377-€15,676▲ 67.2%€11,175▼ 28.7%
Net result€4,239-€15,360within the sector's middle half▲ 262%€11,233within the sector's middle half▼ 26.9%
Equity-€5,543-€9,817within the sector's middle half€21,050within the sector's middle half▲ 114%
Total assets€7,158-€14,549below the sector's middle half▲ 103%€26,325below the sector's middle half▲ 80.9%
Debt€12,701-€4,732▼ 62.7%€5,275▲ 11.5%
Working capital-€5,543-€8,880within the sector's middle half€21,050within the sector's middle half▲ 137%
Solvency-77.4%-67.5%above the sector's middle half▲ 144.9pp80.0%above the sector's middle half▲ 12.5pp
Current ratio0.56-2.88within the sector's middle half▲ 2.314.99above the sector's middle half▲ 2.11
Return on assets (ROA)59.2%-105.6%above the sector's middle half▲ 46.4pp42.7%above the sector's middle half▼ 62.9pp
above
within
below
the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2021; 2021 is 29% below 2020.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Equity and liabilities €26,325
Equity
€21,050 ▲ 114%
Debt
€5,275 ▲ 11.5%
Debt's share of the balance-sheet total falls from 32.5% to 20.0%. Equity and debt are higher.
Key figures and ratios
EBITDA
€11,625▼
2020 · €16,614
Cash flow
€11,683▼
2020 · €16,297
ROE
53.4%▼
2020 · 156.5%
Debt ≤ 1 year
€5,275▲
2020 · €4,732
Income taxes
-€163▼
2020 · €61
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | €938 | €450 | ▼ 52.0% |
| Gross operating margin9900 | €10,899 | €18,462 | €14,311 | ▼ 22.5% |
| Operating profit (loss)9901 | €9,377 | €15,676 | €11,175 | ▼ 28.7% |
| Recurring financial income75 | €4 | €58 | - | - |
| Recurring financial charges65 | €4,780 | €313 | €106 | ▼ 66.2% |
| Profit (loss) for the period before taxes9903 | €4,600 | €15,421 | €11,069 | ▼ 28.2% |
| Income taxes67/77 | €361 | €61 | -€163 | ▼ 367% |
| Profit (loss) for the period9904 | €4,239 | €15,360 | €11,233 | ▼ 26.9% |
| Profit (loss) for the period to be appropriated9905 | €4,239 | €15,360 | €11,233 | ▼ 26.9% |
| Line | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €7,158 | €14,549 | €26,325 | ▲ 80.9% |
| Fixed assets21/28 | - | €938 | - | - |
| Tangible fixed assets22/27 | - | €938 | - | - |
| Current assets29/58 | €7,158 | €13,612 | €26,325 | ▲ 93.4% |
| Amounts receivable within one year40/41 | €3,257 | €13,408 | €26,325 | ▲ 96.3% |
| Cash at bank and in hand54/58 | €3,901 | €204 | - | - |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €7,158 | €14,549 | €26,325 | ▲ 80.9% |
| Equity10/15 | -€5,543 | €9,817 | €21,050 | ▲ 114% |
| Contributions10/11 | €6,205 | €6,205 | - | - |
| Reserves13 | €60,246 | €60,246 | €60,246 | = |
| Profit (loss) carried forward14 | -€71,994 | -€56,634 | -€45,401 | ▲ 19.8% |
| Amounts payable17/49 | €12,701 | €4,732 | €5,275 | ▲ 11.5% |
| Amounts payable within one year42/48 | €12,701 | €4,732 | €5,275 | ▲ 11.5% |
| Trade debts44 | €1,711 | €542 | €4,017 | ▲ 641% |
| Line | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €4,239 | €15,360 | €11,233 | ▼ 26.9% |
| + Depreciation and write-downs630 | - | €938 | €450 | ▼ 52.0% |
| Operating cash flow (approximation) | €4,239 | €16,297 | €11,683 | ▼ 28.3% |
| Change in cash | - | -€3,697 | - | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2024
10-07
Bankruptcy
Opening
Ondernemingsrechtbank Gent, afdeling Brugge · event 28-06-2024
2022
24-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
26-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-06
Financial
Highest result since 2019net €15,360 ▲262%
Operating result €15,676, net result €15,360, both a record.
30-06
Financial
Liquidity times 5current ratio 2.88
Current ratio from 0.56 to 2.88; short-term debt falls from €12,701 to €4,732.
01-04
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 61 days late
2019
30-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
21-12
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
22-12
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
14-01
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
2015
12-01
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema
2013
24-12
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema
06-02
NBB filing
Annual accounts filed
fiscal year 2012 · abbreviated schema · 6 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
About the unread acts
We know of 6 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
6 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Wingene · 1 establishment unit since 2003
Ground area
3,709 m²
Building footprint
1,703 m²
Volume, LiDAR
10,130 m³
Parcel 37012C0327/00D000, Flanders · tallest building 7.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Le Baroque
since 20032.131.055.455
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 37012C0327/00D000 | Flanders | 3,709 m² | 1 · 1,703 m² | 7.2 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | SOFIE DE NIJS BRANDSTRAAT 117, 8755 RUISELEDE- |
28-06-2024 → present |
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Of 6,146 companies in sector 46190 we hold annual accounts for 2,577. 1,682 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded26-05-1993
Fiscal year end30-06
Activities, NACEBEL 2025
46190Agents in non-specialised wholesale trade
E-invoicing
Not found in the Peppol register
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.