FAN DYNAMICS
InactiveFAN DYNAMICS was declared bankrupt on 21-05-2024 (Ondernemingsrechtbank Brussel); the bankruptcy was closed for insufficient assets by judgment of 08-07-2025, published in the Belgian State Gazette on 15-07-2025.
Summary
Inactive; last annual accounts for fiscal year 2022.
Signals
Two signals. The signal on the left, the evidence on the right.
○neutral
neutral · Latest accounts filed on time
The financial year that closed on 30-11-2022 was due by 30-06-2023 and was filed on 13-01-2023, 168 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2022
168 d early
2020
19 d late
2018
61 d early
2017
27 d late
2016
31 d late
2015
8 d late
2014
31 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2022, micro schema
Source amounts without an identifiable currency are assumed to be EUR.
Equity
€121k▲ 4,958%
2020 · €2k
2018: €6k
2020: €2k
2018 → 2022
Total assets
€942k▲ 259%
2020 · €263k
2018: €159k
2020: €263k
2018 → 2022
Net result
€109k
2020 · €-3k
2018: €13k
2020: €-3k
2018 → 2022
Working capital
€-588k▼ 155%
2020 · €-230k
2018: €-116k
2020: €-230k
2018 → 2022
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line201820202022Trend
Equity€6k-€2k▼ 60.4%€121k▲ 4,958%
Operating result€13k-€-3k€200k
Net result€13k-€-3k€109k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result is €200k in 2022, compared with €-3k in 2020. Comparable figures for the intervening years are unavailable.
Balance-sheet composition
2022 in colour, 2020 as the grey bar beneath
Assets €470k
Fixed assets
€236k ▼ 10.4%
Current assets
€234k ▲ 1,183%
Equity and liabilities €942k
Equity
€121k ▲ 4,958%
Debt
€822k ▲ 212%
Debt's share of the balance-sheet total falls from 99.1% to 87.2%. Equity and debt are higher.
Key figures and ratios
EBITDA
€282k
Cash flow
€191k
Current ratio
0.29▲
2020 · 0.07
Quick ratio
0.06▼
2020 · 0.07
Debt to equity
6.81▲
2020 · 6.29
ROE
90.4%▲
2020 · -146.0%
ROA
11.6%▲
2020 · -1.3%
Interest coverage
622.13
Debt ≤ 1 year
€822k▲
2020 · €249k
Income taxes
€90k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2022 against 2020 · 41 lines
Balance sheet
Code20202022
Assets
Total assets20/58€263k€942k▲
Formation expenses20-€473k
Fixed assets21/28€263k€236k▼
Tangible fixed assets22/27€263k€233k▼
Land and buildings22-€233k
Financial fixed assets28-€2k
Current assets29/58€18k€234k▲
Stocks and contracts in progress3-€187k
Stocks30/36-€187k
Amounts receivable within one year40/41€18k€47k▲
Trade receivables40-€47k
Equity and liabilities
Total equity and liabilities10/49€263k€942k▲
Equity10/15€2k€121k▲
Contributions10/11€6k€19k▲
Capital10-€19k
Issued capital100-€19k
Reserves13€2k€2k=
Non-distributable reserves130/1-€2k
Legal reserve130-€2k
Profit (loss) carried forward14€-9k€100k▲
Amounts payable17/49€264k€822k▲
Amounts payable after more than one year17€15k-
Amounts payable within one year42/48€249k€822k▲
Trade debts44€6k€16k▲
Suppliers440/4-€16k
Taxes, remuneration and social security45-€43k
Taxes450/3-€43k
Other amounts payable47/48-€763k
Income statement
Code20202022
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€82k
Other operating charges640/8-€2k
Non-recurring operating charges66A-€4k
Gross operating margin9900€-1k€288k▲
Operating profit (loss)9901€-3k€200k▲
Financial charges65/66B-€453
Recurring financial charges65-€453
Profit (loss) for the period before taxes9903€-3k€199k▲
Income taxes67/77-€90k
Profit (loss) for the period9904€-3k€109k▲
Profit (loss) for the period to be appropriated9905€-3k€109k▲
Appropriation of the result
Profit (loss) to be appropriated9906-€100k
Profit (loss) brought forward from the previous period14P-€-9k
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
15-07
Bankruptcy
Bankruptcy closure (insufficient assets)
Ondernemingsrechtbank Brussel · FAN DYNA- MICS BV EXCELSIORLAAN 10, 1930 ZAVENTEM · event 08-07-2025
2024
27-05
Bankruptcy
Opening
Ondernemingsrechtbank Brussel · FAN DYNAMICS BV EXCEL- SIORLAAN 10, 1930 ZAVENTEM · event 21-05-2024
2023
13-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-11
Financial
Back to profitnet €109k
Net result €109k after one loss-making year.
30-11
Financial
Equity above €100kEq €121k ▲4958%
Equity rises from €2k to €121k.
2021
19-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 19 days late
2020
31-12
Financial
Weakest financial yearnet €-3k ▼126%
Net result drops to €-3k, the lowest in the series.
2019
31-05
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
27-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 27 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
2016
08-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 8 days late
2015
31-08
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema · 31 days late
Show earlier events
2014
28-08
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema · 28 days late
2013
29-08
NBB filing
Annual accounts filed
fiscal year 2012 · abbreviated schema · 29 days late
2012
29-08
NBB filing
Annual accounts filed
fiscal year 2011 · abbreviated schema · 29 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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
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.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | WIM BOLLEN STEENWEG OP SINT-JORIS-WINGE 21,
3200 AARSCHOT |
21-05-2024 → 08-07-2025 |