Active BE 0525.963.791Private limited company (pre-2019)

FAMILYEYE

Visserij 159 ·9000 Gent, Belgium· 13 yrs active

Sector: Vervaardiging van consumentenelektronica (26400)

Conclusion Checked

The KBO register records legal situation 050 for FAMILYEYE (Register: open bankruptcy); this is today's state according to the register itself, which carries no start date. The 2018 annual accounts show negative equity (€-1.04M) and a net result of €-1.09M.

Based on the State Gazette, CBE and 1 annual account.

Key figures

Equity	€-1.04M
Net result	€-1.09M
Active	13 yrs
Locations	1

Financial profile 4 of 5 axes measured · computed by Checked

33 / 100

Fragile profile, watch health in particular.

Computed on 4 of 5 axes. Not measured: growth. An unmeasured axis is not a zero: no data was read for it.

Health 0

Profitability 100

Solvency 33

Growth -

Stability 0

Bankruptcy probability (12 mo) Checked model v1 · free

Bankruptcy opened

A bankruptcy procedure is already open, a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.

Risk Assessment rule-based

0 / 100

High riskRegister: open bankruptcy

This score counts publications in the Belgian State Gazette only. The KBO register additionally records legal situation 050 for this company; it does not feed the figure above.

Trust signals 1 signals

Register: open bankruptcy

The KBO register records legal situation 050 for this company. This is today's state according to the register itself; the register carries no start date.

Administrative Flags0 events

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Health barometer FY 2018 · computed

0 / 100 Critical

050100

Computed from 3 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.

See plans →

Computed by Checked from the NBB filing for FY 2018 and the legal situation the KBO register itself records. Indicative, not credit advice.

Financial overview5 NBB filings

Annual accounts filed on 28-08-2019 with the NBB · fiscal year 2018 · verkort

Highlight YoY changes (±10%)

Fiscal year	2018
Deposit	verkort
Revenue	-
EBITDA	€-225k
Net profit	€-1.09M
Cash flow	€-1.01M
Staff costs	-
Income taxes	€0
Dividends	€0
Total assets	€184k
Equity	€-1.04M
Debt	€1.23M
of which ≤ 1y	€506k
of which > 1y	€719k
Working capital	€-488k
Employees (FTE)	-

Ratios (computed)

	2018
Current ratio	0.04
Quick ratio	0.02
Working capital ratio	-265.6%
Solvency	-567.6%
Debt / equity	-0.69
Long-term debt ratio	-0.69
Interest coverage	-
Gross margin	-
Net margin	-
ROA	-593.6%
ROE	104.6%
EBITDA margin	-
Days sales outstanding	-
Days payable outstanding	-
Inventory turnover	-
Days inventory (DSI)	-

Balance-sheet composition 2018

Assets

Fixed assets €165k · 90.1% Current assets €18k · 9.9%

Full annual accounts (29 line items)

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2018
Balance sheet, Assets
TOTAL ASSETS	20/58	€184k
Fixed assets	21/28	€165k
Formation expenses	20	€0
Intangible fixed assets	21	€124k
Tangible fixed assets	22/27	€40k
Financial fixed assets	28	€750
Current assets	29/58	€18k
Stocks & contracts in progress	3	€7k
Amounts receivable within one year	40/41	€6k
Investments	50/53	€0
Cash & bank	54/58	€401
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€184k
Equity	10/15	€-1.04M
Contributions / capital	10/11	€48k
Reserves	13	€0
Accumulated profits (losses)	14	€-1.09M
Provisions & deferred taxes	16	€0
Amounts payable	17/49	€1.23M
Amounts payable after one year	17	€719k
Amounts payable within one year	42/48	€506k
Trade debts payable within one year	44	€135k
Income statement
Gross operating margin	9900	€-225k
Operating result	9901	€-308k
Financial income	75	€103
Financial charges	65	€97k
Result before taxes	9903	€-405k
Income taxes	67/77	€0
Net result for the period	9904	€-405k
Result to be appropriated	9905	€-405k

Ratios computed by Checked.

Legal Structure

NACE primary	Vervaardiging van consumentenelektronica(26400)
Legal form	Private limited company (pre-2019)(015)
Incorporation	12-04-2013
Status	Active
Postal code	9000

Establishment units 1 location

Visserij 159, 9000 Gent

Vervaardiging van medische en tandheelkundige instrumenten en benodigdheden

since 20132.221.164.594

Physical sites registered in the Crossroads Bank for Enterprises (CBE).

Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
44804D3616/00H000	Flanders	4,314 m²	1 · 73 m²	18.7 m · 6 fl.

Methodology

via registered seat: 1

1 of 1 parcels with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Updates 5 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2019

28-08-2019