FAIRYDUSTERS
InactiveFAIRYDUSTERS was declared bankrupt on 29-08-2024 (Ondernemingsrechtbank Antwerpen, afdeling Antwerpen); the bankruptcy was closed for insufficient assets by judgment of 20-05-2025, published in the Belgian State Gazette on 26-05-2025.
Summary
Inactive; last annual accounts for fiscal year 2022.
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2023, 3 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 2 filingsPosition against the passed deadline
31-12-2023 close31-07-2024 deadline26-09-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 07-11-2023, 99 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 2 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
99 d late
2021
93 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 2 accounts on average 96 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (1)
History
Financials · fiscal year 2022, micro schema
Equity
-€12,411▼ 98.3%
2021 · -€6,258
Total assets
€28,565▲ 16.9%
2021 · €24,443
Net result
-€6,153▲ 31.3%
2021 · -€8,958
Working capital
-€10,830▼ 66.5%
2021 · -€6,506
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022
Operating result-€6,717--€1,818▲ 72.9%
Net result-€8,958--€6,153▲ 31.3%
Equity-€6,258--€12,411▼ 98.3%
Total assets€24,443-€28,565▲ 16.9%
Debt€30,701-€40,976▲ 33.5%
Working capital-€6,506--€10,830▼ 66.5%
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 €1,818 in 2022 against €6,717 in 2021; the loss shrinks.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €28,565
Fixed assets
€20,019 ▼ 1.1%
Current assets
€8,546 ▲ 104%
Key figures and ratios
EBITDA
-€1,589▲
2021 · -€6,279
Cash flow
-€5,925▲
2021 · -€8,520
Solvency
-43.5%▼
2021 · -25.6%
Current ratio
0.44▲
2021 · 0.39
Debt to equity
-3.30▲
2021 · -4.91
ROA
-21.5%▲
2021 · -36.6%
Interest coverage
-0.53▲
2021 · -2.95
Debt ≤ 1 year
€19,376▲
2021 · €10,701
Debt > 1 year
€20,000=
2021 · €20,000
Income taxes
€1,352▲
2021 · €118
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | Change |
|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €438 | €228 | ▼ 47.8% |
| Other operating charges640/8 | €2,138 | €1,043 | ▼ 51.2% |
| Gross operating margin9900 | -€4,140 | -€547 | ▲ 86.8% |
| Operating profit (loss)9901 | -€6,717 | -€1,818 | ▲ 72.9% |
| Financial income75/76B | €2 | - | - |
| Recurring financial income75 | €2 | - | - |
| Financial charges65/66B | €2,125 | €2,984 | ▲ 40.4% |
| Recurring financial charges65 | €2,125 | €2,984 | ▲ 40.4% |
| Profit (loss) for the period before taxes9903 | -€8,840 | -€4,802 | ▲ 45.7% |
| Income taxes67/77 | €118 | €1,352 | ▲ 1,044% |
| Profit (loss) for the period9904 | -€8,958 | -€6,153 | ▲ 31.3% |
| Profit (loss) for the period to be appropriated9905 | -€8,958 | -€6,153 | ▲ 31.3% |
| Line | 2021 | 2022 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €24,443 | €28,565 | ▲ 16.9% |
| Fixed assets21/28 | €20,248 | €20,019 | ▼ 1.1% |
| Tangible fixed assets22/27 | €248 | €19 | ▼ 92.3% |
| Furniture and vehicles24 | €248 | €19 | ▼ 92.3% |
| Financial fixed assets28 | €20,000 | €20,000 | = |
| Current assets29/58 | €4,196 | €8,546 | ▲ 104% |
| Amounts receivable within one year40/41 | €1,711 | €2,110 | ▲ 23.3% |
| Trade receivables40 | €629 | €1,492 | ▲ 137% |
| Other amounts receivable41 | €1,082 | €618 | ▼ 42.9% |
| Cash at bank and in hand54/58 | €2,085 | €6,000 | ▲ 188% |
| Deferred charges and accrued income490/1 | €400 | €436 | ▲ 9.0% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €24,443 | €28,565 | ▲ 16.9% |
| Equity10/15 | -€6,258 | -€12,411 | ▼ 98.3% |
| Contributions10/11 | €2,700 | €2,700 | = |
| Profit (loss) carried forward14 | -€8,958 | -€15,111 | ▼ 68.7% |
| Amounts payable17/49 | €30,701 | €40,976 | ▲ 33.5% |
| Amounts payable after more than one year17 | €20,000 | €20,000 | = |
| Financial debts170/4 | €20,000 | €20,000 | = |
| Amounts payable within one year42/48 | €10,701 | €19,376 | ▲ 81.1% |
| Trade debts44 | €5,476 | €12,917 | ▲ 136% |
| Suppliers440/4 | €5,476 | €12,917 | ▲ 136% |
| Taxes, remuneration and social security45 | €5,225 | €6,459 | ▲ 23.6% |
| Taxes450/3 | €5,225 | €6,459 | ▲ 23.6% |
| Accrued charges and deferred income492/3 | - | €1,600 | - |
| Line | 2021 | 2022 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | -€8,958 | -€6,153 | ▲ 31.3% |
| + Depreciation and write-downs630 | €438 | €228 | ▼ 47.8% |
| Operating cash flow (approximation) | -€8,520 | -€5,925 | ▲ 30.5% |
| Investment in fixed assets (approximation) | - | €0 | - |
| Change in cash | - | €3,915 | - |
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
2025
26-05
Bankruptcy
Bankruptcy closure (insufficient assets)
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · event 20-05-2025
2024
05-09
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · event 29-08-2024
2023
07-11
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 99 days late
2022
01-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 93 days late
SignalNBB filing
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | SVEN LEENDERS GROTE STEENWEG 154,
2600 BERCHEM (ANTWERPEN) |
29-08-2024 → 20-05-2025 |