FATTOUCH
InactiveFATTOUCH was declared bankrupt on 20-11-2023 (Tribunal de l’entreprise francophone de Bruxelles); the bankruptcy was closed for insufficient assets by judgment of 29-10-2024, published in the Belgian State Gazette on 06-11-2024.
Summary
Inactive; last annual accounts for fiscal year 2021.
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 30-09-2022, 4 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
30-09-2022 close30-04-2023 deadline28-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 30-09-2021 was due by 30-04-2022 and was filed on 27-05-2022, 27 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 · 2 filingsDeviation from the deadline
2025
not filed
2024
not filed
2023
not filed
2022
not filed
2021
27 d late
2020
on the day
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 2 accounts on average 14 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 2021, micro schema
Equity
€2,375▼ 65.9%
2020 · €6,967
Total assets
€15,382▼ 32.3%
2020 · €22,728
Net result
-€4,592▲ 54.2%
2020 · -€10,033
Working capital
-€6,829▼ 28.7%
2020 · -€5,305
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
Line20202021
Operating result-€8,371--€3,069▲ 63.3%
Net result-€10,033--€4,592▲ 54.2%
Equity€6,967-€2,375▼ 65.9%
Total assets€22,728-€15,382▼ 32.3%
Debt€15,762-€13,008▼ 17.5%
Working capital-€5,305--€6,829▼ 28.7%
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 €3,069 in 2021 against €8,371 in 2020; the loss shrinks.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €15,382
Fixed assets
€9,204 ▼ 25.0%
Current assets
€6,178 ▼ 40.9%
Equity and liabilities €15,382
Equity
€2,375 ▼ 65.9%
Debt
€13,008 ▼ 17.5%
Debt's share of the balance-sheet total rises from 69.3% to 84.6%. Equity and debt are lower.
Key figures and ratios
EBITDA
-€1▲
2020 · -€5,303
Cash flow
-€1,524▲
2020 · -€6,965
Current ratio
0.47▼
2020 · 0.66
Debt to equity
5.48
ROE
-193.4%▼
2020 · -144.0%
ROA
-29.9%▲
2020 · -44.1%
Interest coverage
0.00
Debt ≤ 1 year
€13,008▼
2020 · €15,762
Staff costs
€78
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | Change |
|---|---|---|---|
| Remuneration, social security and pensions62 | - | €78 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €3,068 | €3,068 | = |
| Other operating charges640/8 | - | €379 | - |
| Gross operating margin9900 | -€2,443 | €457 | ▲ 119% |
| Operating profit (loss)9901 | -€8,371 | -€3,069 | ▲ 63.3% |
| Financial charges65/66B | - | €1,523 | - |
| Recurring financial charges65 | €1,662 | €1,523 | ▼ 8.3% |
| Profit (loss) for the period before taxes9903 | -€10,033 | -€4,592 | ▲ 54.2% |
| Profit (loss) for the period9904 | -€10,033 | -€4,592 | ▲ 54.2% |
| Profit (loss) for the period to be appropriated9905 | -€10,033 | -€4,592 | ▲ 54.2% |
| Line | 2020 | 2021 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €22,728 | €15,382 | ▼ 32.3% |
| Fixed assets21/28 | €12,272 | €9,204 | ▼ 25.0% |
| Tangible fixed assets22/27 | €12,272 | €9,204 | ▼ 25.0% |
| Furniture and vehicles24 | - | €9,204 | - |
| Current assets29/58 | €10,456 | €6,178 | ▼ 40.9% |
| Amounts receivable within one year40/41 | €1,491 | €1,672 | ▲ 12.1% |
| Other amounts receivable41 | - | €1,672 | - |
| Cash at bank and in hand54/58 | €7,710 | €876 | ▼ 88.6% |
| Deferred charges and accrued income490/1 | - | €3,631 | - |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €22,728 | €15,382 | ▼ 32.3% |
| Equity10/15 | €6,967 | €2,375 | ▼ 65.9% |
| Contributions10/11 | - | €17,000 | - |
| Outside capital11 | - | €17,000 | - |
| Other1109/19 | - | €17,000 | - |
| Profit (loss) carried forward14 | -€10,033 | -€14,625 | ▼ 45.8% |
| Amounts payable17/49 | €15,762 | €13,008 | ▼ 17.5% |
| Amounts payable within one year42/48 | €15,762 | €13,008 | ▼ 17.5% |
| Trade debts44 | €15,762 | €8,405 | ▼ 46.7% |
| Suppliers440/4 | - | €8,405 | - |
| Other amounts payable47/48 | - | €4,602 | - |
| Line | 2020 | 2021 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | -€10,033 | -€4,592 | ▲ 54.2% |
| + Depreciation and write-downs630 | €3,068 | €3,068 | = |
| Operating cash flow (approximation) | -€6,965 | -€1,524 | ▲ 78.1% |
| Investment in fixed assets (approximation) | - | €0 | - |
| Change in cash | - | -€6,834 | - |
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
06-11
Bankruptcy
Bankruptcy closure (insufficient assets)
Tribunal de l’entreprise francophone de Bruxelles · event 29-10-2024
2023
24-11
Bankruptcy
Opening
Tribunal de l’entreprise francophone de Bruxelles · event 20-11-2023
2022
27-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 27 days late
2021
30-04
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
SignalNBB filing
0 of 5 acts read
About the unread acts
We know of 5 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
5 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 | Lise HEILPORN CHAUSSEE DE LA HULPE 150,
1170 WATERMAEL-BOITSFORT |
20-11-2023 → 29-10-2024 |