FACOTHERM
Bankruptcy closedInactive since 11-06-2026; last annual accounts for financial year 2015.
Summary
FACOTHERM was declared bankrupt on 18-02-2016 (Rechtbank van koophandel Antwerpen, afdeling Hasselt); the bankruptcy was closed by liquidation by judgment of 09-06-2026, published in the Belgian Official Gazette on 15-06-2026.
Financials · financial year 2015, full format
2011 to 2015, 4 financial years 2011 to 2015, 4 financial years
The operating result stays negative: a loss of €2.0m in 2015 against €2.9m in 2014; the loss shrinks.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
Average staff in full-time equivalents (FTE).
Use the arrow keys on the chart for the figures per year.
| Line | 2011 | 2012 | 2014 | 2015 | Change |
|---|---|---|---|---|---|
| Turnover70 | €24.7m | €26.9m | €30.9m | €21.3m | ▼ 31.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €0.2m | €0.2m | €0.2m | €0.2m | ▼ 28.3% |
| Operating profit (loss)9901 | -€0.3m | -€1.0m | -€2.9m | -€2.0m | ▲ 29.7% |
| Recurring financial income75 | €0.2m | €0.06m | €0.2m | €0.08m | ▼ 62.9% |
| Recurring financial charges65 | €0.4m | €0.4m | €0.5m | €0.3m | ▼ 41.5% |
| Debt charges650 | €0.2m | €0.2m | €0.2m | €0.1m | ▼ 38.2% |
| Profit (loss) for the period before taxes9903 | -€0.8m | -€1.4m | -€3.4m | -€2.5m | ▲ 27.4% |
| Income taxes67/77 | - | €0.003m | €0.005m | €0.001m | ▼ 79.8% |
| Profit (loss) for the period9904 | -€0.8m | -€1.4m | -€3.4m | -€2.5m | ▲ 27.5% |
| Profit (loss) for the period to be appropriated9905 | -€0.8m | -€1.4m | -€3.4m | -€2.5m | ▲ 27.5% |
| Line | 2011 | 2012 | 2014 | 2015 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €12.8m | €13.2m | €11.0m | €11.1m | ▲ 0.7% |
| Fixed assets21/28 | €0.8m | €0.9m | €0.8m | €0.7m | ▼ 7.3% |
| Intangible fixed assets21 | €0.2m | €0.2m | €0.1m | €0.1m | ▼ 19.1% |
| Tangible fixed assets22/27 | €0.6m | €0.7m | €0.6m | €0.5m | ▼ 4.3% |
| Financial fixed assets28 | €0.08m | €0.08m | €0.1m | €0.1m | ▼ 9.8% |
| Current assets29/58 | €12.0m | €12.3m | €10.2m | €10.4m | ▲ 1.3% |
| Stocks and contracts in progress3 | €6.5m | €6.6m | €6.5m | €6.7m | ▲ 2.5% |
| Amounts receivable within one year40/41 | €5.5m | €5.6m | €3.2m | €3.2m | ▼ 2.6% |
| Cash at bank and in hand54/58 | - | - | €0.03m | €0.2m | ▲ 651% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €12.8m | €13.2m | €11.0m | €11.1m | ▲ 0.7% |
| Equity10/15 | €1.7m | €1.1m | €0.08m | -€2.4m | - |
| Contributions10/11 | €1.0m | €1.7m | €2.1m | €2.1m | = |
| Reserves13 | €0.7m | €0.1m | - | - | - |
| Profit (loss) carried forward14 | - | -€0.7m | -€2.0m | -€4.5m | ▼ 123% |
| Provisions and deferred taxes16 | - | €0.03m | €0.1m | €0.004m | ▼ 97.3% |
| Amounts payable17/49 | €11.1m | €12.1m | €10.8m | €13.5m | ▲ 24.9% |
| Amounts payable after more than one year17 | €1.1m | €1.1m | €0.3m | €0.2m | ▼ 52.4% |
| Amounts payable within one year42/48 | €10.1m | €11.0m | €10.5m | €13.3m | ▲ 27.3% |
| Trade debts44 | €6.1m | €6.9m | €6.4m | €8.6m | ▲ 33.2% |
| Line | 2011 | 2012 | 2014 | 2015 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€0.8m | -€1.4m | -€3.4m | -€2.5m | ▲ 27.5% |
| + Depreciation and write-downs630 | €0.2m | €0.2m | €0.2m | €0.2m | ▼ 28.3% |
| Operating cash flow (approximation) | -€0.7m | -€1.2m | -€3.2m | -€2.3m | ▲ 27.5% |
| Investment in fixed assets (approximation) | - | -€0.3m | - | -€0.1m | - |
| Change in cash | - | - | - | €0.2m | - |
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 33 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 30-06-2015 | full format | 22-01-2016 | 2016-02600050 |
| 30-06-2014 | full format | 15-01-2015 | 2015-02000077 |
| 31-12-2012 | full format | 26-08-2013 | 2013-52800567 |
| 31-12-2011 | full format | 31-08-2012 | 2012-51400214 |
| 31-12-2010 | full format | 10-08-2011 | 2011-39600229 |
| 31-12-2009 | full format | 19-07-2010 | 2010-31800479 |
| 31-12-2008 | full format | 26-08-2009 | 2009-65000116 |
| 31-12-2007 | full format | 16-07-2008 | 2008-42600305 |
| 31-12-2006 | full format | 14-06-2007 | 2007-22800328 |
| 31-12-2005 | full format | 09-06-2006 | 2006-21200157 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.