FCTA
InactiveFCTA was declared bankrupt on 14-02-2022 (Tribunal de l’entreprise du Hainaut, division Charleroi); the bankruptcy was closed by liquidation by judgment of 16-09-2024, published in the Belgian State Gazette on 27-09-2024.
Summary
Inactive; last annual accounts for fiscal year 2020.
Are you a creditor?
Judicial reorganisation
Source: Belgian Official Gazette
Your claim still exists, but while the moratorium runs you cannot enforce it. What you do now depends on the track of the reorganisation.
The procedure
- Court
- Enterprise Court of Hainaut
- Opened
- 10 June 2021
- Track
- Reorganisation by collective agreement
- Docket number
- 20210051
- Moratorium until
- 10 December 2021 (passed; an extension would be in a later judgment)
- Delegated judge
- Danielle Huart
- Official Gazette
- 18-06-2021 (pdf) ↗search the document for 2021/122404
What to do now
- Do not attach assets or start enforcement for debts from before the opening while the moratorium runs.
- Check the amount the company lists you for: it has to tell you. If it is wrong, dispute it in writing.
- The company files a reorganisation plan and creditors vote on it at a hearing. A plan approved and confirmed by the court also binds those who voted against.
- What you deliver after the opening is not covered by the moratorium: agree clear payment terms.
- The file is in RegSol, where you can read the documents of the procedure.
Deadlines: the judgment sets how long the moratorium runs. That date is in RegSol and in the publication in the Official Gazette. The date of the vote on the plan is in the judgment and in RegSol.
View the file in RegSol ↗
Watch
Follow this reorganisation: you are alerted to an extension, the court's approval, the closure or a bankruptcy.
General information, not legal advice. If in doubt, your lawyer or your accountant can help. Full guide for creditors
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · No filing for years
The last filed financial year closed on 31-12-2020. Since then, 5 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 5 filingsPosition against the passed deadline
31-12-2021 close31-07-2022 deadline26-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2020 was due by 31-07-2021 and was filed on 05-08-2021, 5 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 · 5 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
5 d late
2019
25 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 2 accounts on average 15 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
Go further with this company
What should you check before you do business with this company?Supplier due diligence What held for this company on a given day: board, seat, name?Company as of a date Are there other customers at risk in your own list?Debtor check
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2020, full schema
Turnover
€354,693▼ 22.8%
2019 · €459,481
EBIT margin
-34.1%▼ 36.5pp
2019 · 2.4%
Net result
-€124,148
2019 · €8,497
Working capital
-€97,917
2019 · €21,584
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
Line201820192020
Turnover€398,536-€459,481▲ 15.3%€354,693▼ 22.8%
Operating result€27,050-€11,156▼ 58.8%-€120,957
Net result€26,263-€8,497▼ 67.6%-€124,148
EBIT margin6.8%-2.4%▼ 4.4pp-34.1%▼ 36.5pp
Equity€20,945-€29,442▲ 40.6%-€94,706
Total assets€60,833-€131,253▲ 116%€82,280▼ 37.3%
Debt€39,888-€101,810▲ 155%€176,985▲ 73.8%
Working capital€16,939-€21,584▲ 27.4%-€97,917
Staff (FTE)2.5-2.5=2.5=
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2020: a loss of €120,957 after €11,156 in 2019, the lowest result in the available series.
Balance-sheet composition
2020 in colour, 2019 as the grey bar beneath
Assets €82,280
Fixed assets
€19,535 ▼ 19.2%
Current assets
€62,744 ▼ 41.4%
Key figures and ratios
EBITDA
-€116,310▼
2019 · €12,163
Cash flow
-€119,502▼
2019 · €9,504
Solvency
-115.1%▼
2019 · 22.4%
Current ratio
0.39▼
2019 · 1.25
Debt to equity
-0.17▼
2019 · 0.55
ROA
-150.9%▼
2019 · 6.5%
Debt ≤ 1 year
€160,662▲
2019 · €85,487
Debt > 1 year
€16,324=
2019 · €16,324
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | Change |
|---|---|---|---|---|
| Turnover70 | €398,536 | €459,481 | €354,693 | ▼ 22.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €683 | €1,006 | €4,646 | ▲ 362% |
| Gross operating margin9900 | €105,404 | €121,280 | €3,092 | ▼ 97.5% |
| Operating profit (loss)9901 | €27,050 | €11,156 | -€120,957 | ▼ 1,184% |
| Recurring financial charges65 | €787 | €1,527 | €3,191 | ▲ 109% |
| Profit (loss) for the period before taxes9903 | €26,263 | €9,629 | -€124,148 | ▼ 1,389% |
| Income taxes67/77 | - | €1,132 | - | - |
| Profit (loss) for the period9904 | €26,263 | €8,497 | -€124,148 | ▼ 1,561% |
| Profit (loss) for the period to be appropriated9905 | €26,263 | €8,497 | -€124,148 | ▼ 1,561% |
| Line | 2018 | 2019 | 2020 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €60,833 | €131,253 | €82,280 | ▼ 37.3% |
| Fixed assets21/28 | €4,006 | €24,182 | €19,535 | ▼ 19.2% |
| Tangible fixed assets22/27 | €1,306 | €21,482 | €16,835 | ▼ 21.6% |
| Financial fixed assets28 | €2,700 | €2,700 | €2,700 | = |
| Current assets29/58 | €56,827 | €107,071 | €62,744 | ▼ 41.4% |
| Amounts receivable within one year40/41 | €48,256 | €96,335 | €34,629 | ▼ 64.1% |
| Cash at bank and in hand54/58 | €1,144 | €3,311 | €5,071 | ▲ 53.2% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €60,833 | €131,253 | €82,280 | ▼ 37.3% |
| Equity10/15 | €20,945 | €29,442 | -€94,706 | ▼ 422% |
| Contributions10/11 | €6,200 | €6,200 | €6,200 | = |
| Profit (loss) carried forward14 | €14,745 | €23,242 | -€100,906 | ▼ 534% |
| Amounts payable17/49 | €39,888 | €101,810 | €176,985 | ▲ 73.8% |
| Amounts payable after more than one year17 | - | €16,324 | €16,324 | = |
| Amounts payable within one year42/48 | €39,888 | €85,487 | €160,662 | ▲ 87.9% |
| Trade debts44 | €23,951 | €31,374 | €43,122 | ▲ 37.4% |
| Line | 2018 | 2019 | 2020 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €26,263 | €8,497 | -€124,148 | ▼ 1,561% |
| + Depreciation and write-downs630 | €683 | €1,006 | €4,646 | ▲ 362% |
| Operating cash flow (approximation) | €26,946 | €9,504 | -€119,502 | ▼ 1,357% |
| Investment in fixed assets (approximation) | - | -€21,182 | €0 | ▲ 100% |
| Change in cash | - | €2,166 | €1,761 | ▼ 18.7% |
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
27-09
Bankruptcy
Bankruptcy closure (by liquidation)
Tribunal de l’entreprise du Hainaut, division Charleroi · event 16-09-2024
2022
18-02
Bankruptcy
Opening
Tribunal de l’entreprise du Hainaut, division Charleroi · event 14-02-2022
2021
05-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 5 days late
18-06
Judicial reorganisation
Opening
Tribunal de l’entreprise du Hainaut · collective agreement · event 10-06-2021
2020
31-12
Financial
Weakest financial yearnet -€124,148
Net result drops to -€124,148, the lowest in the series.
25-08
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 25 days late
2019
23-10
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 84 days late
2018
19-11
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 111 days late
19-11
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 476 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 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
3 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 | PHILIPPE-ROBERT SCHREDER CHAUSSEE DE
MONTIGNY, 89/A, 6060 GILLY (CHARLEROI)-
.
Date provisoire de cessation de paiement : 14/02/2022 |
14-02-2022 → 16-09-2024 |