FENCE TRANS COM
Open bankruptcyA bankruptcy procedure is open for FENCE TRANS COM according to publications in the Belgian State Gazette; curator: THOMAS VANDENDRIES. The 2021 annual accounts show equity of €204k and a net result of €-73k.
Signals
Three signals.
+raises risk○neutral
Financials · fiscal year 2021, abbreviated schema
Equity
€204k▼ 26.4%
2020 · €278k
2019: €63k
2020: €278k
2019 → 2021
Total assets
€501k▼ 3.3%
2020 · €518k
2019: €140k
2020: €518k
2019 → 2021
Net result
€-73k
2020 · €215k
2019: €-18k
2020: €215k
2019 → 2021
Working capital
€171k▼ 25.2%
2020 · €229k
2019: €62k
2020: €229k
2019 → 2021
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line201920202021Trend
Equity€63k-€278k▲ 341%€204k▼ 26.4%
Operating result€-8k-€381k€-69k
Net result€-18k-€215k€-73k
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2021: a loss of €69k after €381k in 2020, the lowest result in the available series.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €501k
Fixed assets
€49k▼ 33.3%
Current assets
€452k▲ 1.6%
Equity and liabilities €501k
Equity
€204k▼ 26.4%
Debt
€296k▲ 23.4%
The debt ratio rises from 46.4% to 59.2%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-28k▼
2020 · €420k
Cash flow
€-32k▼
2020 · €254k
Solvency
40.8%▼
2020 · 53.6%
Current ratio
1.61▼
2020 · 2.06
Quick ratio
1.61▼
2020 · 2.06
Debt / equity
0.07▲
2020 · 0.07
ROE
-35.9%▼
2020 · 77.3%
ROA
-14.7%▼
2020 · 41.5%
Debt
€296k▲
2020 · €240k
Debt ≤ 1 year
€280k▲
2020 · €215k
Debt > 1 year
€14k▼
2020 · €19k
Income taxes
€363▼
2020 · €153k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2021 against 2020
Balance sheet
Code20202021
Assets
Total assets20/58€518k€501k▼
Fixed assets21/28€73k€49k▼
Tangible fixed assets22/27€70k€43k▼
Financial fixed assets28€3k€6k▲
Current assets29/58€445k€452k▲
Amounts receivable within one year40/41€423k€442k▲
Cash at bank and in hand54/58€16k€2k▼
Equity and liabilities
Total equity and liabilities10/49€518k€501k▼
Equity10/15€278k€204k▼
Contributions10/11€19k-
Reserves13€217k€217k=
Profit (loss) carried forward14€42k€-31k▼
Amounts payable17/49€240k€296k▲
Amounts payable after more than one year17€19k€14k▼
Amounts payable within one year42/48€215k€280k▲
Trade debts44€50k€119k▲
Income statement
Code20202021
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€39k€41k▲
Gross operating margin9900€502k€-8k▼
Operating profit (loss)9901€381k€-69k▼
Recurring financial income75€1k-
Recurring financial charges65€14k€4k▼
Profit (loss) for the period before taxes9903€368k€-73k▼
Income taxes67/77€153k€363▼
Profit (loss) for the period9904€215k€-73k▼
Profit (loss) for the period to be appropriated9905€215k€-73k▼
Timeline · acts, filings and financial milestones
2022
17-05
Bankruptcy
Opening
Ondernemingsrechtbank Brussel · FENCE TRANS COM BV GROOT-BIJGAARDENSTRAAT 14, 1082 SINT-AGATHA-BERCHEM · event 10-05-2022
15-02
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 107 days late
2021
31-03
Financial
Weakest financial yearnet €-73k ▼134%
Net result drops to €-73k, the lowest in the series.
2020
30-11
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 30 days late
31-03
Financial
Back to profitnet €215k
Net result €215k after one loss-making year.
31-03
Financial
Equity above €200kEq €278k ▲341%
Equity rises from €63k to €278k.
06-03
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 127 days late
2018
01-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
27-10
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
05-10
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2015
12-11
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 12 days late
2014
11-12
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema · 41 days late
2013
14-11
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema · 14 days late
2012
22-11
NBB filing
Annual accounts filed
fiscal year 2012 · abbreviated schema · 22 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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
1 establishment unit since 2006
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Ground area
290 m²
Building footprint
293 m²
Volume, LiDAR
2,049 m³
Parcel 21342B0043/00F003, Brussels · tallest building 10.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Liers verhuurcentrum
since 20062.165.319.914
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21342B0043/00F003 | Brussels | 290 m² | 1 · 293 m² | 10.6 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | THOMAS VANDENDRIES STEENWEG OP SINT JORIS
WINGE 21, 3200 AARSCHOT |
10-05-2022 → present |
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Of 20,026 companies in sector 43320 we hold annual accounts for 9,136. 7,395 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded14-09-2004
Fiscal year end31-03
Activities, NACEBEL
43320Joinery installation
45422
43120Site preparation
45112
49410Freight transport by road
60243
Sources
Crossroads Bank for EnterprisesNational Bank · 15 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.