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F-Trade

In bankruptcy Private limited companyfounded 2016Kalkhoevestraat 51, 8790 WaregemKBO/BCE: BE 0657.965.450 subsidiary of Midori Group

Information for creditors

Enterprise Court of Ghent, Kortrijk division · Official Gazette of 20-01-2025
Appeal or third-party opposition 04-02-2025Filing the claim in RegSol 13-02-2025First verification report 04-03-2025Late claim 14-01-2026

Trustee: Yves Francois. The judgment is more than a year old. A claim can no longer be filed, not even late. The trustee knows whether anything will still be paid out.

Lifetime

6 annual accounts with figures on one time axis
peak €386,048 (2021)
-€41,067▼ €22,143
lowest -€469,493 (2022)
-€417,939▲ €51,554
peak €557,751 (2021)
-€329,680▼ €417,939
€1.8m▲ 3.4%
peak 3.8 FTE (2022)
3.7 FTE▼ 2.6%
Board4 names since 2016
4 directorsIMAVEST and 3 others
Owners4 names in the annual accounts
Documentsfilings and deeds
30-08-202430 days late
2023abbreviated format
Gross margin from -€18,925 to -€41,067Loss of €417,939Equity from €88,258 to -€329,680Cash from €298,462 to €60,292

Key points

from the 2023 annual accounts, the last ones filed

Equity

-€329,680 from €557,751 in 2021

Equity fell below zero in 2023.

Losses

-€887,432 in two years
-469,4932022-417,9392023

The 2022 and 2023 financial years closed with a loss. 2022 was the heaviest.

Debts

€1.8m 123% of the balance sheet
Financial debts 49%Suppliers 24%Taxes and wages 0%Other 27%

Of this, €1.5m falls due within a year.

Staff

4 employees on 31-12-2023
112021652022112023

In 2023, 1 person joined and 1 left.

Filings

6 annual accounts 3 late
AprilJune31 JulyOctober201820202022

The 2022 accounts came latest: 31 days after the end of the period.

No scoreTurnover not published (abbreviated format)

Board and ownership

I
Director, since 04-07-2016
D
Director
KM
KALINDA MS
Director
  • Midori Group 100%bankrupt since 14-01-2025equity €2.9m (2023) · 2023 annual accounts of Midori Group
  • IMAVESTscore 81equity €586,198 (2025) · deed of 10-11-2020
Board & ownership

Recent changes

Bankruptcy published Enterprise Court of Ghent, Kortrijk division · judgment of 14-01-2025 · Bankruptcy
Company renamed from FEELDS to F-Trade General meeting of 17-12-2024 · Gazette deed
Registered office moved within Waregem New registered office: Kalkhoevestraat 51, 8790 Waregem · Previous registered office: Kalkhoevestraat 1, 8790 Waregem · Gazette deed
Capital increase of €250,000 400 new shares · Contributions: VERLEYEN Marc Henri (€100,000, 200 shares); DECITEX (€75,000, 100 shares) · Appointments: VERLEYEN Marc Henri (director) and DECITEX (director) · General meeting of 27-10-2020 · Gazette deed
All 18 events

Official details

Source: KBO
Status
In bankruptcydeclared bankrupt on 14-01-2025
Activity
Agents in non-specialised wholesale tradeNACE 46190and 4 others
Establishment unit
2.254.330.6768790 Waregem, since 04-07-2016
Financial year end
31 December
Peppol
Not found in the Peppol Directory
Company details

Annual accounts 2023

€1.5m▼ 19.8%
Employeeson 31-12-2023
4=
Filing
Filed on 30-08-2024
Financials

Insights on F-Trade

Equity fell from €557,751 in 2021 to -€329,680 in 2023, while debts rose from €1.0m to €1.8m.

On 14 January 2025 the court declared F-Trade bankrupt. Parent company Midori Group went bankrupt the same day.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about F-Trade

What is the company number of F-Trade?
The company number of F-Trade is 0657.965.450. The VAT number is the same number with BE in front: BE 0657.965.450.
Where was F-Trade based?
The last known address of the registered office is Kalkhoevestraat 51, 8790 Waregem.Company details
What does F-Trade do?
According to the KBO register, the main activity is agents in non-specialised wholesale trade (NACE 46190).
What is the legal form of F-Trade?
F-Trade is a private limited company (BV).
When was F-Trade founded?
F-Trade was founded on 04-07-2016.
Is F-Trade still active?
A bankruptcy is running. A bankruptcy trustee manages the company.
How many employees did F-Trade have?
F-Trade had an average of 3.7 full-time equivalents in financial year 2023, according to the filed annual accounts.Financials
What is the turnover of F-Trade?
The annual accounts for financial year 2023 state no turnover. The abbreviated format does not require it.
Is F-Trade profitable?
In financial year 2023, F-Trade made a loss of €417,939.
Where can I find the annual accounts of F-Trade?
F-Trade filed 6 annual accounts with the National Bank of Belgium, the latest for financial year 2023.

Next steps

Keep this company with today's facts in a case file.