FADSICO
Open bankruptcyA bankruptcy procedure is open for FADSICO according to publications in the Belgian State Gazette; curator: MARINA COSSAER.
Summary
The 2018 annual accounts show equity of €39k and a net result of €25k.
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 31-12-2018 was due by 31-07-2019 and was filed on 29-07-2019, 2 days ahead of the deadline.
NBB · 1 filingDeviation from the deadline
2018
2 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2018, abbreviated schema
Equity
€39k
Total assets
€692k
Net result
€25k
Working capital
€87k
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Balance-sheet composition
Assets €692k
Fixed assets
€2k
Current assets
€690k
Equity and liabilities €692k
Equity
€39k
Provisions
€32k
Debt
€621k
Debt finances 89.8% of the balance-sheet total.
Key figures and ratios
EBITDA
€68k
Cash flow
€28k
Current ratio
1.14
ROE
65.1%
ROA
3.7%
Debt ≤ 1 year
€603k
Income taxes
€24k
Filed annual accounts As filed with the NBB · 2018 · 23 lines
Balance sheet
Code2018
Assets
Total assets20/58€692k
Fixed assets21/28€2k
Tangible fixed assets22/27€2k
Current assets29/58€690k
Amounts receivable within one year40/41€686k
Cash at bank and in hand54/58€3k
Equity and liabilities
Total equity and liabilities10/49€692k
Equity10/15€39k
Contributions10/11€19k
Reserves13€20k
Provisions and deferred taxes16€32k
Amounts payable17/49€621k
Amounts payable within one year42/48€603k
Trade debts44€424k
Income statement
Code2018
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k
Gross operating margin9900€1.47M
Operating profit (loss)9901€65k
Recurring financial income75€3k
Recurring financial charges65€12k
Profit (loss) for the period before taxes9903€49k
Income taxes67/77€24k
Profit (loss) for the period9904€25k
Profit (loss) for the period to be appropriated9905€25k
Accounts by statement
| Line | 2018 |
|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €3k |
| Gross operating margin9900 | €1.47M |
| Operating profit (loss)9901 | €65k |
| Recurring financial income75 | €3k |
| Recurring financial charges65 | €12k |
| Profit (loss) for the period before taxes9903 | €49k |
| Income taxes67/77 | €24k |
| Profit (loss) for the period9904 | €25k |
| Profit (loss) for the period to be appropriated9905 | €25k |
| Line | 2018 | |
|---|---|---|
| Assets | ||
| Total assets20/58 | €692k | |
| Fixed assets21/28 | €2k | |
| Tangible fixed assets22/27 | €2k | |
| Current assets29/58 | €690k | |
| Amounts receivable within one year40/41 | €686k | |
| Cash at bank and in hand54/58 | €3k | |
| Equity and liabilities | ||
| Total equity and liabilities10/49 | €692k | |
| Equity10/15 | €39k | |
| Contributions10/11 | €19k | |
| Reserves13 | €20k | |
| Provisions and deferred taxes16 | €32k | |
| Amounts payable17/49 | €621k | |
| Amounts payable within one year42/48 | €603k | |
| Trade debts44 | €424k | |
| Line | 2018 |
|---|---|
| Profit (loss) for the period9904 | €25k |
| + Depreciation and write-downs630 | €3k |
| Operating cash flow (approximation) | €28k |
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
2020
18-08
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · event 11-08-2020
2019
29-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
SignalNBB filing
0 of 2 acts read
About the unread acts
We know of 2 Belgian State 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.
Directors · office · real estate
Directors
2 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, Antwerpen · 1 establishment unit since 2017
Ground area
2,479 m²
Building footprint
324 m²
Volume, LiDAR
4,620 m³
Parcel 11028A0148/00L002, Flanders · tallest building 20.6 m, ±6 floors. Linked by address, not a title deed.
5
companies at this address
See who is registered here
1 establishment unit
FADSICO
since 20172.267.171.003
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11028A0148/00L002 | Flanders | 2,479 m² | 1 · 324 m² | 20.6 m · 6 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 | MARINA COSSAER SANTVOORTBEEKLAAN 25,
2100 DEURNE (ANTWERPEN) |
11-08-2020 → present |
Similar companies · same sector, comparable size
DIAVENT
BE 0550.839.244
Genk · Eq €38,301
HSOS Industrial Services
BE 1003.001.081
Temse · Eq €39,796
Néo Métal
BE 1016.743.706
Libramont-Chevigny · Eq €38,216
METAL DESIGN CONSTRUCT
BE 0558.949.929
Sambreville · Eq €37,423
EUROPETUBES
BE 0694.658.174
Dour · Eq €40,761
Of 165 companies in sector 24200 we hold annual accounts for 95. 53 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)
Founded23-08-2017
Fiscal year end31-12
Activities, NACEBEL 2025
24200Manufacture of basic metals
43310Plastering work
43320Joinery installation
Scores and ratios are computed by Checked and are not a credit decision.