FAIRTUAL TECHNOLOGIES
Open bankruptcyA bankruptcy procedure is open for FAIRTUAL TECHNOLOGIES according to publications in the Belgian State Gazette. The file additionally contains 1 administrative flag. The 2022 annual accounts show equity of €96k and a net result of €-22k.
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk
raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publicationsPublications
Address struck
Financials · fiscal year 2022, micro schema
Equity
€96k▲ 151%
2021 · €38k
2018: €-14k
2019: €-13k
2021: €38k
2018 → 2022
Total assets
€475k▲ 61.9%
2021 · €294k
2018: €24k
2021: €294k
2018 → 2022
Net result
€-22k▼ 96.4%
2021 · €-11k
2018: €-7k
2019: €2k
2021: €-11k
2018 → 2022
Working capital
€-153k▼ 87.4%
2021 · €-82k
2018: €-19k
2021: €-82k
2018 → 2022
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2018201920212022Trend
Equity€-14k-€-13k▲ 13.5%€38k€96k▲ 151%
Operating result€-4k-€4k€-11k€-14k▼ 29.2%
Net result€-7k-€2k€-11k€-22k▼ 96.4%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €14k in 2022 against €11k in 2021; the loss grows and 2022 has the lowest result in the available series.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €475k
Fixed assets
€383k▲ 219%
Current assets
€92k▼ 46.8%
Equity and liabilities €475k
Equity
€96k▲ 151%
Debt
€379k▲ 48.5%
The debt ratio falls from 86.9% to 79.7%. Equity and debt are higher.
Key figures and ratios
EBITDA
€11k▲
2021 · €-8k
Cash flow
€3k▲
2021 · €-8k
Solvency
20.3%▲
2021 · 13.1%
Current ratio
0.38▼
2021 · 0.68
Quick ratio
0.38▼
2021 · 0.68
Debt / equity
3.93▼
2021 · 6.65
ROE
-22.8%▲
2021 · -29.2%
ROA
-4.6%▼
2021 · -3.8%
Interest coverage
2.01▲
2021 · -104.45
Debt
€379k▲
2021 · €255k
Debt ≤ 1 year
€245k▼
2021 · €255k
Debt > 1 year
€118k
Staff costs
€81k▼
2021 · €156k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2022 against 2021
Balance sheet
Code20212022
Assets
Total assets20/58€294k€475k▲
Fixed assets21/28€120k€383k▲
Intangible fixed assets21€107k€371k▲
Tangible fixed assets22/27€13k€12k▼
Furniture and vehicles24€13k€12k▼
Financial fixed assets28€1€1=
Current assets29/58€173k€92k▼
Amounts receivable within one year40/41€166k€83k▼
Trade receivables40€98k€26k▼
Other amounts receivable41€68k€57k▼
Current investments50/53€8k€10k▲
Equity and liabilities
Total equity and liabilities10/49€294k€475k▲
Equity10/15€38k€96k▲
Contributions10/11€52k€132k▲
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Own shares acquired1312€1€1=
Profit (loss) carried forward14€-16k€-38k▼
Amounts payable17/49€255k€379k▲
Amounts payable after more than one year17-€118k
Financial debts170/4-€118k
Amounts payable within one year42/48€255k€245k▼
Financial debts43€20k€103k▲
Credit institutions430/8€20k€103k▲
Trade debts44€203k€115k▼
Suppliers440/4€203k€115k▼
Taxes, remuneration and social security45€13k€28k▲
Taxes450/3€8k€8k=
Remuneration and social security454/9€5k€20k▲
Other amounts payable47/48€19k-
Accrued charges and deferred income492/3-€16k
Income statement
Code20212022
Goods, raw materials, services and sundry goods60/61€626k€252k▼
Remuneration, social security and pensions62€156k€81k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€25k▲
Other operating charges640/8€818€1k▲
Gross operating margin9900€149k€93k▼
Operating profit (loss)9901€-11k€-14k▼
Financial charges65/66B€73€8k▲
Recurring financial charges65€73€5k▲
Non-recurring financial charges66B-€2k
Profit (loss) for the period before taxes9903€-11k€-22k▼
Profit (loss) for the period9904€-11k€-22k▼
Profit (loss) for the period to be appropriated9905€-11k€-22k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-16k€-38k▼
Profit (loss) brought forward from the previous period14P€-5k€-16k▼
The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
13-01
Bankruptcy
Opening
Ondernemingsrechtbank Brussel · FAIRTUAL TECHNOLOGIES BV LEONARDO DA VINCILAAN 19/A8, 1831- MACHELEN · event 06-01-2026
12-01
Bankruptcy
Opening
Ondernemingsrechtbank Brussel · FAIRTUAL TECHNOLOGIES BV LEONARDO DA VINCILAAN 19/A8, 1831 DIEGEM · event 23-12-2025
2025
21-02
KBO administration
Address struck
2023
19-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 141 days late
2022
31-12
Financial
Weakest financial yearnet €-22k
Net result drops to €-22k, the lowest in the series.
17-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 78 days late
2021
30-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
11-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 11 days late
2019
31-12
Financial
Back to profitnet €2k
Net result €2k after one loss-making year.
28-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 28 days late
2018
08-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 8 days late
2017
24-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 24 days late
2016
18-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 18 days late
2015
13-08
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema · 13 days late
2014
25-08
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema · 25 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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
1 establishment unit since 2008
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.
Ground area
2,708 m²
Building footprint
28 m²
Volume, LiDAR
183 m³
2 parcels, Flanders · tallest building 15.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Fairtual Technologies
since 20082.172.824.447
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31424B0707/00K000 | Flanders | 2,547 m² | 1 · 28 m² | 15.6 m · 2 fl. |
| 23015B0320/00D000indicative | Flanders | 161 m² | - | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
1 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Insolvency mandates
2 mandates| Role | Name | Tenure |
|---|---|---|
| Curator | STEVEN VERBEKE LAKENSESTRAAT 154 B11,
1000 BRUSSEL 1 |
06-01-2026 → present |
| Curator | ANIEK BERGMANS NINOOFSESTEENWEG 244,
1700 DILBEEK |
23-12-2025 → present |
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded22-08-2008
Fiscal year end31-12
Sources
Crossroads Bank for EnterprisesNational Bank · 14 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.