FANTOM
ActiveSummary
The computed 12-month bankruptcy probability of FANTOM is 2.4% (moderate). The 2024 annual accounts show negative equity (-€6,573) and a net result of -€1,139. Equity is shrinking by about 9.5% per year across the filed financial years. Its solvency ranks better than 5% of 217 sector peers (NACE 14, financial year 2024). The company has been active since 2008 and the Belgian Official Gazette contains no insolvency or warning signals.
Financials · financial year 2024, micro format
2025 annual accounts not yet filed, deadline passed on 31 July 2026 Financial year closed on 31 December 2025; filing due at the latest 7 months after the close (Companies Code art. 3:10). Source: NBB filings, as of 21 October 2026.
2020 to 2024, 5 financial years 2018 to 2024, 7 financial years
The operating result stays negative: a loss of €1,094 in 2024 against €45 in 2023; the loss grows and 2024 has the lowest result in the available series.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 14, Manufacture of wearing apparel: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital.
Peer companies
Historical observationOf the 6,906 companies that looked in July 2024 the way this one looks now, 5.8% went bankrupt within 24 months and 85.5% are still going.
- Micro
- 10 to 20 years old
- negative equity
- a loss of 10% of the balance sheet or more
A further 0.6% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 2.4% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,473 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 6,906 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|---|
| Goods, raw materials, services and sundry goods60/61 | - | - | - | €0 | €633 | €45 | €244 | ▲ 442% |
| Other operating charges640/8 | - | - | - | - | - | - | €850 | - |
| Gross operating margin9900 | - | -€443 | -€55 | €0 | -€633 | -€45 | -€244 | ▼ 442% |
| Operating profit (loss)9901 | -€348 | -€791 | -€402 | - | -€633 | -€45 | -€1,094 | ▼ 2,330% |
| Financial charges65/66B | - | - | - | €45 | €45 | - | €45 | - |
| Recurring financial charges65 | €41 | €41 | €47 | €45 | €45 | - | €45 | - |
| Profit (loss) for the period before taxes9903 | -€388 | -€832 | -€449 | -€45 | -€678 | -€45 | -€1,139 | ▼ 2,430% |
| Profit (loss) for the period9904 | -€388 | -€832 | -€449 | -€45 | -€678 | -€45 | -€1,139 | ▼ 2,430% |
| Profit (loss) for the period to be appropriated9905 | -€388 | -€832 | -€449 | -€45 | -€678 | -€45 | -€1,139 | ▼ 2,430% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €113 | €72 | €73 | €28 | €10 | €111 | €5 | ▼ 95.2% |
| Current assets29/58 | €113 | €72 | €73 | €28 | €10 | €111 | €5 | ▼ 95.2% |
| Cash at bank and in hand54/58 | €113 | €72 | €73 | €28 | €10 | €111 | €5 | ▼ 95.2% |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €113 | €72 | €73 | €28 | €10 | €111 | €5 | ▼ 95.2% |
| Equity10/15 | -€3,384 | -€4,216 | -€4,666 | -€4,711 | -€5,389 | -€5,434 | -€6,573 | ▼ 21.0% |
| Contributions10/11 | €18,500 | €18,500 | - | €18,500 | €18,500 | €18,500 | €18,500 | = |
| Profit (loss) carried forward14 | -€21,884 | -€22,716 | -€23,166 | -€23,211 | -€23,889 | -€23,934 | -€25,073 | ▼ 4.8% |
| Amounts payable17/49 | €3,497 | €4,289 | €4,739 | €4,739 | €5,399 | €5,545 | €6,578 | ▲ 18.6% |
| Amounts payable within one year42/48 | €3,497 | €4,289 | €4,739 | €4,739 | €5,399 | €5,545 | €6,578 | ▲ 18.6% |
| Trade debts44 | €261 | - | - | - | €200 | €200 | - | - |
| Suppliers440/4 | - | - | - | - | €200 | €200 | - | - |
| Other amounts payable47/48 | - | - | - | €4,739 | €5,199 | €5,345 | €6,578 | ▲ 23.1% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€388 | -€832 | -€449 | -€45 | -€678 | -€45 | -€1,139 | ▼ 2,430% |
| Operating cash flow (approximation) | -€388 | -€832 | -€449 | -€45 | -€678 | -€45 | -€1,139 | ▼ 2,430% |
| Change in cash | - | -€40 | €1 | -€45 | -€18 | €101 | -€106 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 14 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2024 | micro format | 18-12-2025 | 2025-00587890 |
| 31-12-2023 | micro format | 19-12-2024 | 2024-00621920 |
| 31-12-2022 | micro format | 23-08-2023 | 2023-00382732 |
| 31-12-2021 | micro format | 29-09-2022 | 2022-20453247 |
| 31-12-2020 | micro format | 30-08-2021 | 2021-61700461 |
| 31-12-2019 | micro format | 08-10-2020 | 2020-60300402 |
| 31-12-2018 | micro format | 14-08-2019 | 2019-47400471 |
| 31-12-2017 | micro format | 30-08-2018 | 2018-61900598 |
| 31-12-2016 | micro format | 25-08-2017 | 2017-48400087 |
| 31-12-2015 | full format | 31-08-2016 | 2016-58000524 |
Similar companies · same sector and region
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.