FACILITY TRADING
Open bankruptcyOverview
Information for creditors
Open bankruptcy
Source: Belgian Official Gazette
Declared bankrupt on 3 October 2023 · trustee Jean-Louis De Chaffoy Jl · a claim can no longer be filed
Creditor guide for this companyThe procedure
- Court
- Enterprise Court of Brussels
- Supervising judge
- Hendrik Nauta
- Official Gazette
- 09-10-2023search the document for 2023/137180
Deadlines
- Provisional date payments stopped
- 3 October 2023A later judgment can still change the date.art. XX.105, Code of Economic Law
- Appeal or third-party opposition until
- passed on 24 October 2023That is fifteen 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 2 November 2023art. XX.104 and XX.155, Code of Economic Law
- First verification report
- passed on 8 November 2023Reclaim 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 3 October 2024A late claim shares only in what has not yet been paid out. You bear the costs of that claim.art. XX.165, Code of Economic Law
Trustee
- Jean-Louis De Chaffoy JlSchaliestraat 18 Bis, 1602 Vlezenbeekfalingen@dc-partners.be
Steps for a creditor
- 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.
A late claim was possible until a year after the judgment (art. XX.165, Code of Economic Law). That deadline has passed too.
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.
Follow
Follow this bankruptcy and you are notified the next morning if it is closed or reversed.
This is general information, not legal advice. If in doubt, the trustee, your lawyer or your accountant can help.
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Overview
Official details
Source: KBO- Status
- Open bankruptcy registered since 02-01-2020
- Registered office
- 78 active companies are registered at this address 3 started in the 12 months before. Source: KBO register, as of 4 November 2026.
- Activity
- Retail sale of meat and meat products, excluding game and poultry NACE 47221and 1 other
- Establishment units
- 2.297.596.240 7850 Enghien, since 02-01-2020
- 2.323.142.476 7800 Ath, since 22-10-2021
- Financial year end
- 31 December
- Peppol
- Not found in the Peppol Directory
Financial position
No score
Annual accounts 2021
- Gross margin
- €60,568
- ▼ 10.4%
- Turnover
- ≈ €460,000
- estimated
- Profit
- €22,175
- ▼ 31.3%
- Equity
- €57,455
- ▲ 62.9%
- Total assets
- €147,586
- ▲ 33.7%
- Staff
- ≈ 0 FTE
- estimated
Financials
Financials · financial year 2021, full format
2021 annual accounts filed 61 days after the deadline Filed on 30 September 2022, deadline 31 July 2022 (7 months after the close on 31 December 2021, Companies Code art. 3:10). Source: NBB, 2022-20444616.
Annual accounts 2021 filed on 30-09-2022 PDF all 2 filings
Turnover
≈ €460,000
Estimated: probably between €230,000 and €720,000
EBIT margin
Not included in this filing
Net result
€22,175▼ 31.3%
2020 · €32,280
Working capital
-€9,479▲ 65.7%
2020 · -€27,646
Multi-year overview
2020 to 2021, 2 financial yearsOperating result
€33,087
▼ 26.2%
2021
20202021
Net result
€22,175
▼ 31.3%
2021
middle half of the sector
20202021
Equity
€57,455
▲ 62.9%
2021
middle half of the sector
20202021
Total assets
€147,586
▲ 33.7%
2021
lowest quarter of the sector
20202021
Debt
€90,131
▲ 20.0%
2021
20202021
Working capital
-€9,479
▲ 65.7%
2021
lowest quarter of the sector
20202021
Solvency
38.9%
▲ 7.0pp
2021
middle half of the sector
20202021
Current ratio
0.89
▲ 0.27
2021
lowest quarter of the sector
20202021
Return on assets (ROA)
15.0%
▼ 14.2pp
2021
highest quarter of the sector
20202021
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line20202021
Operating result€44,843-€33,087▼ 26.2%
Net result€32,280within the sector's middle half-€22,175within the sector's middle half▼ 31.3%
Equity€35,280below the sector's middle half-€57,455within the sector's middle half▲ 62.9%
Total assets€110,412below the sector's middle half-€147,586below the sector's middle half▲ 33.7%
Debt€75,132-€90,131▲ 20.0%
Working capital-€27,646below the sector's middle half--€9,479below the sector's middle half▲ 65.7%
Solvency32.0%within the sector's middle half-38.9%within the sector's middle half▲ 7.0pp
Current ratio0.63below the sector's middle half-0.89below the sector's middle half▲ 0.27
Return on assets (ROA)29.2%above the sector's middle half-15.0%above the sector's middle half▼ 14.2pp
above
within
below
The sector band is the middle half of the companies in Retail trade (NACE 47). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
The operating result for 2021 is 26% lower than in 2020.
The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €147,586
Fixed assets
€67,194 ▲ 4.9%
Current assets
€80,392 ▲ 73.4%
Equity and liabilities €147,586
Equity
€57,455 ▲ 62.9%
Debt
€90,131 ▲ 20.0%
Debt's share of the balance-sheet total falls from 68.0% to 61.1%. Equity and debt are higher.
Key figures and ratios
EBITDA
€56,552▼
2020 · €66,188
Cash flow
€45,640▼
2020 · €53,626
Quick ratio
0.84▲
2020 · 0.60
Debt to equity
1.57
ROE
38.6%▼
2020 · 91.5%
Interest coverage
24.05
Debt ≤ 1 year
€89,871▲
2020 · €74,021
Income taxes
€8,888▼
2020 · €11,085
Staff costs
€1,255
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Investments
| Item | 2021 |
|---|---|
| Tangible fixed assets | €23,522 |
| Financial fixed assets | €3,100 |
| Depreciation and write-downs of the year | €23,465 |
Source: notes to the 2021 annual accounts (statement of fixed assets)
Annual accounts
| Line | 2020 | 2021 | Change |
|---|---|---|---|
| Remuneration, social security and pensions62 | - | €1,255 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €21,346 | €23,465 | ▲ 9.9% |
| Other operating charges640/8 | - | €2,761 | - |
| Gross operating margin9900 | €67,626 | €60,568 | ▼ 10.4% |
| Operating profit (loss)9901 | €44,843 | €33,087 | ▼ 26.2% |
| Financial income75/76B | - | €328 | - |
| Recurring financial income75 | €89 | €254 | ▲ 185% |
| Non-recurring financial income76B | - | €73 | - |
| Financial charges65/66B | - | €2,352 | - |
| Recurring financial charges65 | €1,566 | €2,352 | ▲ 50.1% |
| Profit (loss) for the period before taxes9903 | €43,365 | €31,063 | ▼ 28.4% |
| Income taxes67/77 | €11,085 | €8,888 | ▼ 19.8% |
| Profit (loss) for the period9904 | €32,280 | €22,175 | ▼ 31.3% |
| Profit (loss) for the period to be appropriated9905 | €32,280 | €22,175 | ▼ 31.3% |
| Line | 2020 | 2021 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €110,412 | €147,586 | ▲ 33.7% |
| Fixed assets21/28 | €64,037 | €67,194 | ▲ 4.9% |
| Tangible fixed assets22/27 | €64,037 | €64,094 | ▲ 0.1% |
| Plant, machinery and equipment23 | - | €53,500 | - |
| Furniture and vehicles24 | - | €10,593 | - |
| Financial fixed assets28 | - | €3,100 | - |
| Current assets29/58 | €46,375 | €80,392 | ▲ 73.4% |
| Stocks and contracts in progress3 | €2,063 | €4,835 | ▲ 134% |
| Stocks30/36 | - | €4,835 | - |
| Amounts receivable within one year40/41 | €3,236 | €20,896 | ▲ 546% |
| Trade receivables40 | - | €1,304 | - |
| Other amounts receivable41 | - | €19,592 | - |
| Cash at bank and in hand54/58 | €41,076 | €54,662 | ▲ 33.1% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €110,412 | €147,586 | ▲ 33.7% |
| Equity10/15 | €35,280 | €57,455 | ▲ 62.9% |
| Contributions10/11 | - | €3,000 | - |
| Profit (loss) carried forward14 | €32,280 | €54,455 | ▲ 68.7% |
| Amounts payable17/49 | €75,132 | €90,131 | ▲ 20.0% |
| Amounts payable within one year42/48 | €74,021 | €89,871 | ▲ 21.4% |
| Trade debts44 | €58,694 | €66,435 | ▲ 13.2% |
| Suppliers440/4 | - | €66,435 | - |
| Taxes, remuneration and social security45 | - | €20,906 | - |
| Taxes450/3 | - | €19,706 | - |
| Remuneration and social security454/9 | - | €1,200 | - |
| Other amounts payable47/48 | - | €2,530 | - |
| Accrued charges and deferred income492/3 | - | €260 | - |
| Line | 2020 | 2021 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €32,280 | €22,175 | ▼ 31.3% |
| + Depreciation and write-downs630 | €21,346 | €23,465 | ▲ 9.9% |
| Operating cash flow (approximation) | €53,626 | €45,640 | ▼ 14.9% |
| Investment in fixed assets (approximation) | - | -€26,622 | - |
| Change in cash | - | €13,585 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Board & ownership
Directors
Directors
1 director, last change in 2023
LAIRIN
Current
Director · appointed in the act of 20-07-2023
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Trustee | Jean-Louis De Chaffoy Jl Schaliestraat 18 Bis, 1602 Vlezenbeek |
03-10-2023 → present |
Owners and capital
Owners
Mandate history
2 people, 1 in office
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| LAIRIN |
|
| Damien RADICS |
|
Network & group
FACILITY TRADING shares no director with another company.
Connections & network
1 current directorThe network starts from the directors of FACILITY TRADING. Every other company they run is a node.
This company
Company
Director
Shareholding
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Timeline
Acts, filings and financial milestones
2023
09-10
Bankruptcy
Bankruptcy declared
Enterprise Court of Brussels · judgment of 03-10-2023
20-07
Gazette deed
Resignation: Damien RADICS (director)Appointment: LAIRIN (director) · Director discharge5 points ▸
Gazette deed
Resignation: Damien RADICS (director)
Appointment: LAIRIN (director) · Director discharge5 points ▸
- Director resignation, Damien RADICS (director)
- Director discharge, Damien RADICS
- Director appointment, LAIRIN (director)
- Other provision, “bijeenroepen van de vergadering om de laatste rekeningen goed te keuren en over te gaan tot publicatie in het Belgisch Staatsblad, responsibility for convening…” (deed in Dutch)
- General meeting
2022
30-09
full format · 61 days late
2021
29-10
full format · 90 days late
2020
06-01
2 publications in the Belgian Official Gazette, the last on 20-07-2023
SignalGazette deedNBB filing
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Opening faillissement
- Last annual accounts
- financial year to 31 December 2021
- Legal form
- Private limited company
- Active since
- 2 January 2020
Register details
Identity
Name
FACILITY TRADING in Dutch
Enterprise number
0740.656.366
Entity type
Legal entity
Registered office and establishments
Registered office
Assesteenweg 116, 1740 Ternat, Belgium
Establishment units
Boucherie Mokadam, Brusselstraat(E) 7, 7850 Enghien since 02-01-2020 · unit number 2.297.596.24047110 Non-specialised retail sale with food, beverages or tobacco predominating
Boucherie Mokadam, Chaussée de Bruxelles 45, 7800 Ath since 22-10-2021 · unit number 2.323.142.476
E-mail
facilitytrading7@gmail.com
Phone
02 395 94 07Enghien
Activities
NACEBEL 202547221
Retail sale of meat and meat products, excluding game and poultry main activity
56210
Event catering
Codes under NACEBEL 2008
47221
Retail trade main activity
56210
Catering
Invoicing and payment
VAT number
BE 0740.656.366
Financial year and general meeting
Accounts at the NBBFinancial year end
31-12
Sites & property
Location
Buildings and parcels at the addresses
Ground area
546 m²
Building footprint
688 m²
Building volume
5,045 m³
Tallest building: 12.6 m.
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 51004B0807/00W100 | Wallonia | 468 m² | 1 · 628 m² | 12.6 m · 2 |
| 55010C0292/00B000 | Wallonia | 77 m² | 1 · 59 m² | 11.9 m · 3 |