FATHI
InactiveFATHI was declared bankrupt on 28-02-2023 (Ondernemingsrechtbank Brussel); the bankruptcy was closed by liquidation by judgment of 17-12-2024, published in the Belgian State Gazette on 27-12-2024.
Summary
Inactive; last annual accounts for fiscal year 2021.
Signals
Two signals. The signal on the left, the evidence on the right.
○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2021 was due by 31-07-2022 and was filed on 29-08-2022, 29 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 1 filingDeviation from the deadline
2021
29 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its 2021 accounts 29 days after the deadline; the Belgian median for financial year 2021 is 3 days before the deadline, and 44% of all filings were late.
Checked, nothing found (1)
History
Financials · fiscal year 2021, micro schema
Equity
€98,212
Total assets
€291,614
Net result
€98,207
Working capital
€83,422
Turnover and EBIT margin not published: the micro schema does not require them.
Balance-sheet composition
Assets €291,614
Fixed assets
€14,790
Current assets
€276,824
Equity and liabilities €291,614
Equity
€98,212
Debt
€193,401
Debt finances 66.3% of the balance-sheet total.
Key figures and ratios
EBITDA
€125,548
Cash flow
€99,997
Current ratio
1.43
Quick ratio
1.22
Debt to equity
1.97
ROE
100.0%
ROA
33.7%
Interest coverage
79.93
Debt ≤ 1 year
€193,401
Income taxes
€23,991
Staff costs
€63,359
Annual accounts
| Line | 2021 |
|---|---|
| Remuneration, social security and pensions62 | €63,359 |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,790 |
| Other operating charges640/8 | €7,522 |
| Gross operating margin9900 | €196,429 |
| Operating profit (loss)9901 | €123,758 |
| Financial income75/76B | €11 |
| Recurring financial income75 | €11 |
| Financial charges65/66B | €1,571 |
| Recurring financial charges65 | €1,571 |
| Profit (loss) for the period before taxes9903 | €122,198 |
| Income taxes67/77 | €23,991 |
| Profit (loss) for the period9904 | €98,207 |
| Profit (loss) for the period to be appropriated9905 | €98,207 |
| Line | 2021 | |
|---|---|---|
| Assets | ||
| Total assets20/58 | €291,614 | |
| Fixed assets21/28 | €14,790 | |
| Tangible fixed assets22/27 | €13,210 | |
| Plant, machinery and equipment23 | €7,604 | |
| Furniture and vehicles24 | €5,605 | |
| Financial fixed assets28 | €1,580 | |
| Current assets29/58 | €276,824 | |
| Stocks and contracts in progress3 | €40,320 | |
| Stocks30/36 | €40,320 | |
| Amounts receivable within one year40/41 | €98,540 | |
| Trade receivables40 | €97,605 | |
| Other amounts receivable41 | €935 | |
| Cash at bank and in hand54/58 | €134,757 | |
| Deferred charges and accrued income490/1 | €3,206 | |
| Equity and liabilities | ||
| Total equity and liabilities10/49 | €291,614 | |
| Equity10/15 | €98,212 | |
| Contributions10/11 | €5 | |
| Profit (loss) carried forward14 | €98,207 | |
| Amounts payable17/49 | €193,401 | |
| Amounts payable within one year42/48 | €193,401 | |
| Trade debts44 | €155,590 | |
| Suppliers440/4 | €155,590 | |
| Taxes, remuneration and social security45 | €37,811 | |
| Taxes450/3 | €31,274 | |
| Remuneration and social security454/9 | €6,537 | |
| Line | 2021 |
|---|---|
| Profit (loss) for the period9904 | €98,207 |
| + Depreciation and write-downs630 | €1,790 |
| Operating cash flow (approximation) | €99,997 |
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
2024
27-12
Bankruptcy
Bankruptcy closure (by liquidation)
Ondernemingsrechtbank Brussel · event 17-12-2024
2023
07-03
Bankruptcy
Opening
Ondernemingsrechtbank Brussel · event 28-02-2023
2022
29-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 29 days late
SignalNBB filing
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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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
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | WIM HEETHEM WATERLOOSESTEENWEG 412/F,
1050 BRUSSEL 5 |
28-02-2023 → 17-12-2024 |