FILAT
Open bankruptcyA bankruptcy procedure is open for FILAT according to publications in the Belgian State Gazette; curator: AN STERCKX.
Summary
The 2023 annual accounts show negative equity (€-1.03M) and a net result of €-2.28M.
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 16-10-2024, 77 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 · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
77 d late
2022
123 d late
2021
16 d late
2020
25 d late
2019
52 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2023, abbreviated schema
Turnover
€527k
EBIT margin
17.0%
Net result
€-2.28M▲ 42.2%
2022 · €-3.94M
2018: €372k
2019: €-2.97M
2020: €377k
2021: €11k
2022: €-3.94M
2018 → 2023
Working capital
€-44k
2022 · €188k
2018: €-2.08M
2019: €-315k
2020: €139k
2021: €254k
2022: €188k
2018 → 2023
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20192020202120222023Trend
Turnover€527k
Equity€4.63M-€5.01M▲ 8.1%€5.19M▲ 3.7%€1.25M▼ 75.9%€-1.03M
Operating result€166k-€120k▼ 27.7%€59k▼ 50.6%€90k▲ 51.0%€74k▼ 17.8%
Net result€-2.97M-€377k€11k▼ 97.2%€-3.94M€-2.28M▲ 42.2%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2023; 2023 is 18% below 2022.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €580k
Fixed assets
€4 ▼ 100.0%
Current assets
€580k ▲ 14.5%
Key figures and ratios
Solvency
-176.8%▼
2022 · 52.3%
Current ratio
0.93▼
2022 · 1.59
Debt to equity
-1.57▼
2022 · 0.91
ROA
-392.7%▼
2022 · -164.5%
Debt
€1.61M▲
2022 · €1.14M
Debt ≤ 1 year
€624k▲
2022 · €319k
Debt > 1 year
€981k▲
2022 · €824k
Income taxes
€14k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2023 against 2022 · 42 lines
Balance sheet
Code20222023
Assets
Total assets20/58€2.39M€580k▼
Fixed assets21/28€1.89M€4▼
Financial fixed assets28€1.89M€4▼
Current assets29/58€507k€580k▲
Amounts receivable within one year40/41€503k€580k▲
Other amounts receivable41€503k€580k▲
Cash at bank and in hand54/58€3k€127▼
Equity and liabilities
Total equity and liabilities10/49€2.39M€580k▼
Equity10/15€1.25M€-1.03M▼
Contributions10/11€1.20M€1.20M=
Capital10€1.20M€1.20M=
Issued capital100€1.21M€1.21M=
Uncalled capital101€12k€12k=
Reserves13€104k€104k=
Non-distributable reserves130/1€104k€104k=
Legal reserve130€104k€104k=
Profit (loss) carried forward14€-53k€-2.33M▼
Amounts payable17/49€1.14M€1.61M▲
Amounts payable after more than one year17€824k€981k▲
Financial debts170/4€824k€981k▲
Amounts payable within one year42/48€319k€624k▲
Current portion of amounts payable after more than one year42€93k€93k=
Trade debts44€159k€404k▲
Suppliers440/4€159k€404k▲
Taxes, remuneration and social security45€6k€14k▲
Taxes450/3€6k€14k▲
Other amounts payable47/48€61k€114k▲
Income statement
Code20222023
Turnover70€527k-
Goods, raw materials, services and sundry goods60/61€437k-
Other operating charges640/8€1k€1k▲
Gross operating margin9900€91k€75k▼
Operating profit (loss)9901€90k€74k▼
Financial charges65/66B€4.03M€2.34M▼
Recurring financial charges65€47k€76k▲
Non-recurring financial charges66B€3.98M€2.26M▼
Profit (loss) for the period before taxes9903€-3.94M€-2.26M▲
Income taxes67/77-€14k
Profit (loss) for the period9904€-3.94M€-2.28M▲
Profit (loss) for the period to be appropriated9905€-3.94M€-2.28M▲
Appropriation of the result
Profit (loss) to be appropriated9906€-3.94M€-2.33M▲
Profit (loss) brought forward from the previous period14P-€-53k
Transfer from equity791/2€3.89M-
The notes to these accounts (14 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2024
28-10
Bankruptcy
Opening
Ondernemingsrechtbank Gent, afdeling Kortrijk · FILAT NV BEVERSE- STEENWEG 565, 8800 ROESELARE · event 22-10-2024
16-10
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 77 days late
2023
01-12
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 123 days late
2022
31-12
Financial
Weakest financial yearnet €-3.94M ▼36777%
Net result drops to €-3.94M, the lowest in the series.
16-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 16 days late
2021
25-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 25 days late
2020
31-12
Financial
Back to profitnet €377k
Net result €377k after one loss-making year.
31-12
Financial
Liquidity times 5current ratio 1.65
Current ratio from 0.34 to 1.65; short-term debt falls from €480k to €216k.
31-12
Financial
Equity above €5MEq €5.01M ▲8.1%
Equity rises from €4.63M to €5.01M.
09-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
28-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
12-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
Show earlier events
2017
22-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
31-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 31 days late
2015
23-06
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
12 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
Registered office, Roeselare · 1 establishment unit since 2009
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.
Beversesteenweg 5658800 RoeselareGround area
8,042 m²
Building footprint
7,226 m²
Volume, LiDAR
50,455 m³
2 parcels, Flanders · tallest building 8.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
FILAT
since 20092.176.407.707
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 36505B0902/00G000 | Flanders | 7,707 m² | 1 · 7,226 m² | 8.8 m · 2 fl. |
| 46018A0182/00F002 | Flanders | 335 m² | - | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels 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 | AN STERCKX KACHTEMSESTRAAT 334, 8800 ROESE-
LARE |
22-10-2024 → present |
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Of 5,699 companies in sector 70100 we hold annual accounts for 3,494. 1,815 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded26-01-2009
Fiscal year end31-12
Activities, NACEBEL 2025
70100Activities of head offices
64210Activities of holding companies
Sources
Crossroads Bank for EnterprisesNational Bank · 15 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.