Skip to content

FDE

Inactive
KBO/BCE: BE 0679.896.358

FDE was declared bankrupt on 18-07-2023 (Tribunal de l’entreprise du Hainaut, division Tournai); the bankruptcy was closed by liquidation by judgment of 25-02-2025, published in the Belgian State Gazette on 09-04-2025.

Summary

Inactive; last annual accounts for fiscal year 2020.

Signals

Three signals. The signal on the left, the evidence on the right.
○neutral
neutral · Prior bankruptcy
Earlier bankruptcy on record in the Belgian State Gazette, no current open procedure.
Belgian State Gazette
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 · 3 filings
Position 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 29-10-2021, 90 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 · 3 filings
Deviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
90 d late
2019
101 d late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 2 accounts on average 96 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)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

Total assets went from EUR 4,459 in 2018 to EUR 4,458 in 2020.1 On 18 July 2023 FDE was declared bankrupt; the bankruptcy was closed on 25 February 2025.23

  1. 1National Bank, annual accounts 2018 and 2020
  2. 2Belgian State Gazette, 25-07-2023
  3. 3Belgian State Gazette, 09-04-2025

Financials · fiscal year 2020, micro schema

Equity
€3,210▼ 25.2%
2019 · €4,293
Total assets
€4,458▼ 41.4%
2019 · €7,610
Net result
-€1,083
2019 · €334
Working capital
€3,210▼ 25.2%
2019 · €4,293
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
Operating result-€2,409--€5▲ 99.8%-€2,133▼ 46,482%
Net result-€2,241-€334-€1,083
Equity€3,959-€4,293▲ 8.4%€3,210▼ 25.2%
Total assets€4,459-€7,610▲ 70.7%€4,458▼ 41.4%
Debt€500-€3,317▲ 563%€1,248▼ 62.4%
Working capital€4,293€3,210▼ 25.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€3,000-€2,000-€1,000€0Operating result 2018: -€2,409-€2,409Net result 2018: -€2,241-€2,241Operating result 2019: -€5-€5Net result 2019: €334€334Operating result 2020: -€2,133-€2,133Net result 2020: -€1,083-€1,083201820192020-€3,000-€2,000-€1,000€0Operating result 2018: -€2,409-€2,410Net result 2018: -€2,241-€2,240Operating result 2019: -€5-€5Net result 2019: €334€334Operating result 2020: -€2,133-€2,130Net result 2020: -€1,083-€1,080201820192020
The operating result stays negative: a loss of €2,133 in 2020 against €5 in 2019; the loss grows.
Balance-sheet composition
2020 in colour, 2019 as the grey bar beneath
Equity and liabilities €4,458
Equity €3,210 ▼ 25.2%
Debt €1,248 ▼ 62.4%
Debt's share of the balance-sheet total falls from 43.6% to 28.0%. Equity and debt are lower.
Key figures and ratios
2020 value · change against 2019
Debt ≤ 1 year
€1,248▼
2019 · €3,317
Ratios withheld: a balance sheet total of €4,458 is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2020 against 2019 · 18 lines
Balance sheet Code20192020
Assets
Total assets20/58€7,610€4,458▼
Current assets29/58€7,610€4,458▼
Amounts receivable within one year40/41€3,559€4,458▲
Cash at bank and in hand54/58€4,051-
Equity and liabilities
Total equity and liabilities10/49€7,610€4,458▼
Equity10/15€4,293€3,210▼
Contributions10/11€6,200€6,200=
Profit (loss) carried forward14-€1,907-€2,990▼
Amounts payable17/49€3,317€1,248▼
Amounts payable within one year42/48€3,317€1,248▼
Trade debts44€817-
Income statement Code20192020
Gross operating margin9900-€5-€2,133▼
Operating profit (loss)9901-€5-€2,133▼
Recurring financial income75€378€1,196▲
Recurring financial charges65€39€146▲
Profit (loss) for the period before taxes9903€334-€1,083▼
Profit (loss) for the period9904€334-€1,083▼
Profit (loss) for the period to be appropriated9905€334-€1,083▼
Line201820192020Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,218---
Gross operating margin9900-€1,191-€5-€2,133▼ 46,482%
Operating profit (loss)9901-€2,409-€5-€2,133▼ 46,482%
Recurring financial income75€188€378€1,196▲ 217%
Recurring financial charges65€19€39€146▲ 271%
Profit (loss) for the period before taxes9903-€2,241€334-€1,083▼ 424%
Profit (loss) for the period9904-€2,241€334-€1,083▼ 424%
Profit (loss) for the period to be appropriated9905-€2,241€334-€1,083▼ 424%
Line201820192020Change
Assets
Total assets20/58€4,459€7,610€4,458▼ 41.4%
Current assets29/58€4,459€7,610€4,458▼ 41.4%
Amounts receivable within one year40/41€4,387€3,559€4,458▲ 25.3%
Cash at bank and in hand54/58€72€4,051--
Equity and liabilities
Total equity and liabilities10/49€4,459€7,610€4,458▼ 41.4%
Equity10/15€3,959€4,293€3,210▼ 25.2%
Contributions10/11€6,200€6,200€6,200=
Profit (loss) carried forward14-€2,241-€1,907-€2,990▼ 56.8%
Amounts payable17/49€500€3,317€1,248▼ 62.4%
Amounts payable within one year42/48-€3,317€1,248▼ 62.4%
Trade debts44-€817--
Line201820192020Change
Profit (loss) for the period9904-€2,241€334-€1,083▼ 424%
+ Depreciation and write-downs630€1,218---
Operating cash flow (approximation)-€1,023€334-€1,083▼ 424%
Change in cash-€3,979--

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Timeline · acts, filings and financial milestones

2025
09-04
Bankruptcy Bankruptcy closure (by liquidation)
Tribunal de l’entreprise du Hainaut, division Tournai · event 25-02-2025
2023
25-07
Bankruptcy Opening
Tribunal de l’entreprise du Hainaut, division Tournai · event 18-07-2023
2021
29-10
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 90 days late
2020
09-11
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 101 days late
2019
31-12
Financial Back to profitnet €334
Net result €334 after one loss-making year.
31-10
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 92 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.

Have them read with priority Sign in to place this company at the front of the reading queue.

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 LAURENT GUSTIN
GRAND ROUTE, 105, 7530 GAURAIN-RAMECROIX- . Date provisoire de cessation de paiement : 18/07/2023
18-07-2023 → 25-02-2025