FABI GROUP
Open bankruptcyA bankruptcy procedure is open for FABI GROUP according to publications in the Belgian State Gazette; curator: GENEVIEVE DEDOBBELEER.
Summary
The 2023 annual accounts show equity of €206k and a net result of €-28k.
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 30-06-2023 was due by 31-01-2024 and was filed on 29-01-2024, 2 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not filed
2024
not filed
2023
2 d early
2022
26 d late
2021
28 d late
2020
29 d late
2019
26 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2023, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-28k
2022 · €6k
2019: €-21k
2020: €41k
2021: €-23k
2022: €6k
2019 → 2023
Working capital
€56k▼ 55.5%
2022 · €127k
2019: €159k
2020: €182k
2021: €147k
2022: €127k
2019 → 2023
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20192020202120222023Trend
Equity€207k-€248k▲ 19.7%€225k▼ 9.2%€234k▲ 3.9%€206k▼ 12.0%
Operating result€-27k-€31k€-27k€21k€39k▲ 83.8%
Net result€-21k-€41k€-23k€6k€-28k
Result per fiscal year
Operating resultNet result
After the dip in 2021 the operating result has climbed two years in a row; 2023 is 84% above 2022 and is the highest result in the available series.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €418k
Fixed assets
€264k ▼ 8.6%
Current assets
€154k ▼ 26.6%
Equity and liabilities €418k
Equity
€206k ▼ 12.0%
Provisions
€108k ▼ 4.0%
Debt
€104k ▼ 31.7%
Debt's share of the balance-sheet total falls from 30.5% to 24.8%. Equity and debt are lower.
Key figures and ratios
EBITDA
€62k▲
2022 · €44k
Cash flow
€-6k▼
2022 · €28k
Current ratio
1.58▼
2022 · 2.54
Debt to equity
0.50▼
2022 · 0.65
ROE
-13.6%▼
2022 · 2.5%
ROA
-6.7%▼
2022 · 1.2%
Interest coverage
0.91▼
2022 · 8.49
Debt ≤ 1 year
€97k▲
2022 · €82k
Debt > 1 year
€0▼
2022 · €70k
Income taxes
€2k▼
2022 · €15k
Staff costs
€220k▲
2022 · €199k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2023 against 2022 · 57 lines
Balance sheet
Code20222023
Assets
Total assets20/58€499k€418k▼
Fixed assets21/28€289k€264k▼
Tangible fixed assets22/27€286k€264k▼
Land and buildings22€286k€264k▼
Financial fixed assets28€3k€275▼
Current assets29/58€209k€154k▼
Amounts receivable after more than one year29-€131k
Other amounts receivable291-€131k
Amounts receivable within one year40/41€202k€21k▼
Trade receivables40-€2k
Other amounts receivable41€202k€18k▼
Cash at bank and in hand54/58€23€837▲
Deferred charges and accrued income490/1€7k€1k▼
Equity and liabilities
Total equity and liabilities10/49€499k€418k▼
Equity10/15€234k€206k▼
Contributions10/11€69k€69k=
Reserves13€219k€214k▼
Tax-exempt reserves132€219k€214k▼
Profit (loss) carried forward14€-53k€-77k▼
Provisions and deferred taxes16€113k€108k▼
Deferred taxes168€113k€108k▼
Amounts payable17/49€152k€104k▼
Amounts payable after more than one year17€70k€0▼
Financial debts170/4€50k€0▼
Other amounts payable178/9€20k€0▼
Amounts payable within one year42/48€82k€97k▲
Current portion of amounts payable after more than one year42€40k€40k=
Trade debts44€825€1k▲
Suppliers440/4€825€1k▲
Taxes, remuneration and social security45€41k€54k▲
Taxes450/3€27k€24k▼
Remuneration and social security454/9€14k€30k▲
Other amounts payable47/48-€1k
Accrued charges and deferred income492/3-€7k
Income statement
Code20222023
Non-recurring operating income76A-€5k
Remuneration, social security and pensions62€199k€220k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€22k€22k=
Other operating charges640/8€8k€21k▲
Gross operating margin9900€251k€303k▲
Operating profit (loss)9901€21k€39k▲
Financial income75/76B€1k€3▼
Recurring financial income75€1€3▲
Non-recurring financial income76B€1k-
Financial charges65/66B€5k€70k▲
Recurring financial charges65€5k€67k▲
Non-recurring financial charges66B-€3k
Profit (loss) for the period before taxes9903€18k€-31k▼
Transfer from deferred taxes780€3k€11k▲
Transfer to deferred taxes680-€6k
Income taxes67/77€15k€2k▼
Profit (loss) for the period9904€6k€-28k▼
Transfer from tax-exempt reserves789€6k€12k▲
Transfer to tax-exempt reserves689-€8k
Profit (loss) for the period to be appropriated9905€12k€-24k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-53k€-77k▼
Profit (loss) brought forward from the previous period14P€-65k€-53k▲
Social balance
Average headcount (FTE)9087-4.6
The notes to these accounts (31 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
05-03
Bankruptcy
Opening
Tribunal de l’entreprise du Brabant wallon · FABI GROUP SPRL RUE DU PROGRES 4, 1400 NIVELLES · event 27-02-2025
2024
29-01
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
30-06
Financial
Weakest financial yearnet €-28k ▼580%
Net result drops to €-28k, the lowest in the series.
26-02
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 26 days late
2022
30-06
Financial
Back to profitnet €6k
Net result €6k after one loss-making year.
28-02
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 28 days late
2021
01-03
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 29 days late
2020
30-06
Financial
Back to profitnet €41k
Net result €41k after one loss-making year.
26-02
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 26 days late
2019
21-03
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 49 days late
2018
26-02
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 26 days late
2017
28-02
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 28 days late
2016
29-02
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 29 days late
2015
27-02
NBB filing
Annual accounts filed
fiscal year 2014 · full schema · 27 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Nivelles · 1 establishment unit since 1993
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Rue du Progrès 41400 NivellesGround area
2,261 m²
Building footprint
1,350 m²
Volume, LiDAR
5,374 m³
Parcel 25782C0576/00H010, Wallonia · tallest building 7.1 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Rue du Progrès 4, 1400 Nivelles
since 19932.064.605.012
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25782C0576/00H010 | Wallonia | 2,261 m² | 1 · 1,350 m² | 7.1 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
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 | GENEVIEVE DEDOBBELEER RUE DE CHARLEROI 2,
1400 NIVELLES |
27-02-2025 → present |
Recognitions · licences · registrations
Legal Entity Identifier
8755009UVBI4376BUD72
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Of 11,222 companies in sector 82100 we hold annual accounts for 3,510. 2,441 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded22-07-1993
Fiscal year end30-06
Activities, NACEBEL 2025
82100Office administrative and support services
Sources
Crossroads Bank for EnterprisesNational Bank · 30 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.