Debts
€176,985 215% of the balance sheet
After one year 9%Within one year 91%
Of this, €160,662 falls due within a year.
FCTA
Overview
Information for creditors
Enterprise Court of Hainaut · Official Gazette of 18-06-2021Opened on 10 June 2021 · extended on 9 December 2021 · moratorium passed on 31 January 2022
Steps, deadlines and articles of law
The procedure
- Track
- Reorganisation by collective agreement
- Docket number
- 20210051
- Moratorium until
- 31 January 2022 (passed, unless a later judgment extended it)
- Creditors' vote
- 27 January 2022
- Delegated judge
- Danielle Huart
- Official Gazette
- 18-06-2021search the document for 2021/122404
- Extension
- judgment of 9 December 2021, Official Gazette 14-12-2021search the document for 2021/143762
Steps for a creditor
- 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. Dispute a wrong amount 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 for it.
- The file is in RegSol, where you can read the documents of the procedure.
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.
Your claim still exists, but while the moratorium runs you cannot enforce it. What you do now depends on the track of the reorganisation.
Follow
Follow this reorganisation and you are notified of an extension, the court's approval, the closure or a bankruptcy.
This is general information, not legal advice. If in doubt, your lawyer or your accountant can help.
Lifetime
5 annual accounts with figures on one time axispeak €459,481 (2019)
€354,693▼ 22.8%
lowest -€124,148 (2020)
-€124,148▼ €132,646
peak €29,442 (2019)
-€94,706▼ €124,148
€176,985▲ 73.8%
peak 2.5 FTE (2018)
2.5 FTEunchanged
Board3 names since 2021
-
Documentsfilings and deeds
05-08-20215 days late
2020financial year
Turnover from €459,481 to €354,693Gross margin from €121,280 to €3,092Loss of €124,148Equity from €29,442 to -€94,706Debts from €101,810 to €176,985Cash from €3,311 to €5,071
Key points
from the 2020 annual accounts, the last ones filedFilings
5 annual accounts 5 late
The 2016 accounts came latest: 476 days after the end of the period.
Final months
249 days from reorganisation to bankruptcy
No annual accounts were filed for 2021.
No score
Recent changes
Bankruptcy closure (by liquidation)
Enterprise Court of Hainaut, Charleroi division · judgment of 16-09-2024 · Bankruptcy
Bankruptcy published
Enterprise Court of Hainaut, Charleroi division · judgment of 14-02-2022 · Bankruptcy
Extension
Enterprise Court of Hainaut · collective agreement · judgment of 09-12-2021 · Judicial reorganisation
Change of role: FERRO Francesco, from statutory manager to statutory director
Reappointment: FERRO Francesco (statutory director) · Director discharge: FERRO Francesco · General meeting of 19-10-2021 · Gazette deed
Official details
Source: KBO- Status
- Inactivedeed of incorporation of 22-03-2016 · bankruptcy closed on 16-09-2024
- Activity
- “L’import export,l’achat,la vente en gros et en détail de produits alimentaires et non alimentaires” (deed in French)From the articles, 15 activitiesNo NACE code in the KBO yet
- Financial year end
- 31 December
- Peppol
- Not found in the Peppol Directory
Annual accounts 2020
- €354,693▼ 22.8%
- €124,148
- -€94,706
- €82,280▼ 37.3%
- 2.5 FTE=
- Filing
- Filed on 05-08-2021
Insights on FCTA
FCTA reached its highest turnover since 2016 in 2019: €459,481. A year later it was €354,693.
Equity fell from €29,442 in 2019 to -€94,706 in 2020, while debts rose from €101,810 to €176,985.
On 10 June 2021 the court opened a judicial reorganisation. 249 days later came the bankruptcy.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Financials
Annual accounts 2020
full format, filed on 05-08-2021, 5 days late€354,693
▼ 22.8%
-€120,957
▼ €132,113
-€116,310
▼ €128,473
-€119,502
▼ €129,006
-115.1%
▼ 137.5 percentage points
0.39
▼ 0.86
Money flows
of every €100 of turnover, €35.00 was lost in 2020Balance sheet
balance sheet total €82,280 on 31-12-2020What the company ownsHow it is paid for
in euro
in euro
Staff
€31,555
Staff costs divided by the average number of full-time equivalents.
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||
20/58 |
82,280 | 131,253 | 60,833 | 44,177 | 8,992 | |
21/28 |
19,535 | 24,182 | 4,006 | 4,689 | 5,372 | |
22/27 |
16,835 | 21,482 | 1,306 | 1,989 | 2,672 | |
23 |
195 | 442 | 689 | 935 | 1,182 | |
24 |
16,640 | 21,040 | 618 | 1,054 | 1,490 | |
28 |
2,700 | 2,700 | 2,700 | 2,700 | 2,700 | |
29/58 |
62,744 | 107,071 | 56,827 | 39,488 | 3,621 | |
40/41 |
34,629 | 96,335 | 48,256 | 38,871 | 3,621 | |
40 |
9,642 | 43,215 | 40,000 | 19,964 | 3,621 | |
41 |
24,987 | 53,120 | 8,256 | 18,906 | - | |
54/58 |
5,071 | 3,311 | 1,144 | 617 | - | |
490/1 |
23,044 | 7,426 | 7,426 | - | - | |
| Balance sheet: equity and liabilities | ||||||
10/49 |
82,280 | 131,253 | 60,833 | 44,177 | 8,992 | |
10/15 |
-94,706 | 29,442 | 20,945 | -5,318 | -34,939 | |
10/11 |
6,200 | 6,200 | 6,200 | 6,200 | 6,200 | |
100 |
18,600 | 18,600 | 18,600 | 18,600 | 18,600 | |
101 |
12,400 | 12,400 | 12,400 | 12,400 | 12,400 | |
14 |
-100,906 | 23,242 | 14,745 | -11,518 | -41,139 | |
17/49 |
176,985 | 101,810 | 39,888 | 49,495 | 43,931 | |
17 |
16,324 | 16,324 | - | - | - | |
170/4 |
16,324 | 16,324 | - | - | - | |
42/48 |
160,662 | 85,487 | 39,888 | 49,495 | 43,591 | |
42 |
284 | 3,888 | - | - | - | |
43 |
64,970 | 13,961 | - | - | - | |
430/8 |
64,970 | 13,961 | - | - | - | |
44 |
43,122 | 31,374 | 23,951 | 13,149 | 22,702 | |
440/4 |
43,122 | 31,374 | 23,951 | 13,149 | 22,702 | |
45 |
52,285 | 34,064 | 14,282 | 36,346 | 13,955 | |
450/3 |
50,476 | 34,064 | 14,282 | 20,408 | 3,534 | |
454/9 |
1,810 | - | - | 15,938 | 10,421 | |
47/48 |
- | 2,200 | 1,655 | - | 6,933 | |
492/3 |
- | - | - | - | 340 | |
| Income statement | ||||||
70 |
354,693 | 459,481 | 398,536 | 307,511 | 67,980 | |
9900 |
3,092 | 121,280 | 105,404 | 74,208 | -18,326 | |
60/61 |
359,159 | 353,136 | 299,189 | 237,029 | 86,904 | |
62 |
78,887 | 107,851 | 68,701 | 40,721 | 21,350 | |
630 |
4,646 | 1,006 | 683 | 683 | 205 | |
640/8 |
515 | 1,267 | 8,970 | 777 | 1,073 | |
66A |
40,000 | - | - | - | - | |
9901 |
-120,957 | 11,156 | 27,050 | 32,027 | -40,954 | |
75/76B |
- | - | - | - | 0 | |
75 |
- | - | - | - | 0 | |
65/66B |
3,191 | 1,527 | 787 | 2,407 | 185 | |
65 |
3,191 | 1,527 | 787 | 2,407 | 185 | |
9903 |
-124,148 | 9,629 | 26,263 | 29,620 | -41,139 | |
67/77 |
- | 1,132 | - | - | - | |
9904 |
-124,148 | 8,497 | 26,263 | 29,620 | -41,139 | |
9905 |
-124,148 | 8,497 | 26,263 | 29,620 | -41,139 | |
| Appropriation of the result | ||||||
9906 |
-100,906 | 23,242 | 14,745 | -11,518 | -41,139 | |
| Social balance sheet | ||||||
9087 |
2.5 | 2.5 | 2.5 | 1 | 0.5 | |
Hours worked1013 |
4,000 | 4,508 | 4,507 | 2,315 | 1,167 | |
| Document | ||||||
Source: Annual accounts 2020 (PDF), filed on 05-08-2021.
Filings
each dot is a set of accounts, on the day it reached the National Bank2020 annual accounts filed 5 days after the deadline. Filed on 5 August 2021, deadline 31 July 2021 (7 months after the close on 31 December 2020, Companies Code art. 3:10). Source: NBB, 2021-46200285.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2020 | full format | 05-08-2021 | 2021-46200285 | |
| 31-12-2019 | full format | 25-08-2020 | 2020-44300117 | |
| 31-12-2018 | full format | 23-10-2019 | 2019-71100034 | |
| 31-12-2017 | full format | 19-11-2018 | 2018-72500010 | |
| 31-12-2016 | full format | 19-11-2018 | 2018-72400588 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|
| -116,310 | 12,163 | 27,733 | 32,710 | -40,749 | ||
| -119,502 | 9,504 | 26,946 | 30,303 | -40,934 | ||
| 0 | 21,182 | 0 | 0 | 5,576 | ||
| 1,761 | 2,166 | 527 | - | - | ||
| -97,917 | 21,584 | 16,939 | -10,007 | -39,970 | ||
| -34.1% | 2.4% | 6.8% | 10.4% | -60.2% | ||
| -115.1% | 22.4% | 34.4% | -12.0% | -388.5% | ||
| 0.39 | 1.25 | 1.42 | 0.80 | 0.08 | ||
| - | 3.46 | 1.90 | - | - | ||
| - | 28.9% | 125.4% | - | - | ||
| -150.9% | 6.5% | 43.2% | 67.0% | -457.5% | ||
| 10 days | 34 days | 37 days | 24 days | 19 days | ||
| 44 days | 32 days | 29 days | 20 days | 95 days |
Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Insights on FCTA
The operating result for 2020 is a loss of €120,957, after a profit of €11,156 in 2019. It is the lowest result since 2016.
Equity is negative. Debt (€176,985) exceeds the balance-sheet total (€82,280).
Board & ownership
Curator
1 mandateCurator, Chaussee De Montigny, 89/A, 6060 Gilly (Charleroi)
from 14-02-2022 to 16-09-2024
Also on 68 other cases
Last board
2 directors, last change in 2021Statutory director
appointed by deed of 27-10-2021
term without a fixed end
earlier statutory manager, until 27-10-2021
Mandates through the years
3 names, the dashed line is todayBoardEarliermandate already running before its first mentionBankruptcy 14-02-2022
Mandates as a list
- Devillers Christel
- Director, appointed by deed of 04-08-2021, until the bankruptcy of 14-02-2022
- FERRO Francesco
- Statutory director, appointed by deed of 27-10-2021, until the bankruptcy of 14-02-2022
- Statutory manager, until 27-10-2021
- Vanpetegem Marie
- Manager, until 04-08-2021
Control
Shares transferred to
This company
FCTA
Equity -€94,706
Loss €124,148 in 2020
Capital
- Contribution
- €6,200
- Source
- deed of 27-10-2021
Articles of association
deed of 27-10-2021 (in French)- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimited
- Transfer restrictionThis rule says whether shareholders may sell their shares freely or need approval first.
- “Moitié à charge du cédant et moitié à charge du ou des acquéreurs proportionnellement aux actions acquises, cessions entre vifs à titre…”
Shareholders
Share transfer
deed of 04-08-2021 ↗
- Vanpetegem Marie to Ferro Francesco 23 shares
- Ferro Francesco to Devillers Christel 96 shares
Network & group
No group
FCTA has no parent and no holdings in its annual accounts. FCTA shares no director with another company.
Timeline
Timeline
14 events since 2016Board
Capital
Filings
Financial
Insolvency
201620182020202220242026
2024
Bankruptcy closure (by liquidation) Enterprise Court of Hainaut, Charleroi division · judgment of 16-09-2024
2022
Bankruptcy published Enterprise Court of Hainaut, Charleroi division · judgment of 14-02-2022
2021
Extension Enterprise Court of Hainaut · collective agreement · judgment of 09-12-2021
Change of role: FERRO Francesco, from statutory manager to statutory directorReappointment: FERRO Francesco (statutory director) · Director discharge: FERRO Francesco · General meeting of 19-10-20216 points ▸
- General meeting, 19-10-2021
- Director appointment, FERRO Francesco (statutory director)
- Director resignation, FERRO Francesco (statutory manager)
- Director reappointment, FERRO Francesco (statutory director)
- Director discharge, FERRO Francesco
- Registered office clause, route de Philippeville 376, 6010 Couillet
- The deed holds 6 more points.
Annual accounts 2020 filed PDFfull format · 5 days late
New directorDevillers Christel appointed, Vanpetegem Marie resigned · Transfer of 23 shares from Vanpetegem Marie to Ferro Francesco · Transfer of 96 shares from Ferro Francesco to Devillers Christel · General meeting of 01-07-20215 points ▸
- General meeting, 01-07-2021
- Director resignation, Vanpetegem Marie (manager)
- Share transfer, Vanpetegem Marie → Ferro Francesco, 23 shares
- Share transfer, Ferro Francesco → Devillers Christel, 96 shares
- Director appointment, Devillers Christel
- The deed holds 1 more point.
Judicial reorganisation opened Enterprise Court of Hainaut · collective agreement · judgment of 10-06-2021
2020
Weakest financial year net -€124,148 The net result drops to -€124,148, the lowest from 2016 to 2020.
Annual accounts 2019 filed PDFfull format · 25 days late
2019
Annual accounts 2018 filed PDFfull format · 84 days late
2018
Annual accounts 2016 filed PDFfull format · 476 days late
Annual accounts 2017 filed PDFfull format · 111 days late
2017
Back to profit net €29,620 The net result is €29,620, after one loss-making year.
2016
Incorporation PDF3 publications in the Belgian Official Gazette, the last on 27-10-2021
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Purpose according to the articles of association
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “L’import export,l’achat,la vente en gros et en détail de produits alimentaires et non alimentaires; Le commerce,la vente en gros et en…”
15 activities
- L’import export,l’achat,la vente en gros et en détail de produits alimentaires et non alimentaires
- Le commerce,la vente en gros et en détail,la représentation,la distribution,le service,le conditionnement,l’importation,l’exportation,le courtage,la fabrication de tous produits alimentaires ou non alimentaires
- Vente d’articles sous licence
- Création de bijoux,création d’objets artistiques divers
- L’import export,l’achat,la vente et le commerce en gros,demi-gros ou détail,la distribution,la location et la mise à disposition de toutes marchandises et de tous matériaux,neufs ou d’occasion
- L’exploitation d’un commerce de tous textiles,vêtements,sous-vêtements,chaussures,accessoires pour hommes et pour dames,enfants et bébé,articles cadeaux et de décoration
- L’achat,la vente,l’échange de tous immeubles bâtis,l’achat,la vente,la mise en valeur,le lotissement,l’exploitation,la location et l’affermage de tous immeubles non bâtis et/ou bâtis
- La communication,la publicité et la promotion publicitaire,la diffusion de matériel publicitaire
- Création et gestion de site internet,édition de magazines et distribution de tous supports publicitaires
- Livraisons à domicile de produits publicitaires
- Organisation d’événements
- Petite restauration
- Infographie en général
- Vente sur les foires,commerce ambulant,marchés
- Vente sur internet de tous produits alimentaires et non alimentaires
- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimited
Articles of association, deed of 27-10-2021 (in French)
Inactive
FCTA is no longer in the KBO register.
- Last annual accounts
- financial year to 31 December 2020
- Last registered office
- Route De Philippeville 376, 6010 Couilletas published on 27 October 2021
- Legal form
- Private limited company (pre-2019)
- First annual accounts
- financial year 2016