FINCETRADE
InactiveFINCETRADE was declared bankrupt on 27-06-2022 (Tribunal de l’entreprise du Brabant wallon); the bankruptcy was closed for insufficient assets by judgment of 05-12-2024, published in the Belgian State Gazette on 31-12-2024.
Summary
Inactive; last annual accounts for fiscal year 2018.
Overview
What they do
Activity not known
How big
€88,552total assets 2018
- Equity
- -€17,309
- Profit
- €10,801
Turnover not published (abridged schema)
Financially healthy?
Inactive: no score
Who decides
Accounts 2253 d overdue0 of 5 deeds read
SignalsPrior bankruptcyNo filing for yearsFiled after the deadlineShow the evidence
Signals
Three signals. The signal on the left, the evidence on the right.
○neutral
neutral · No filing for years
The last filed financial year closed on 31-12-2018. Since then, 7 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 10 filingsPosition against the passed deadline
31-12-2019 close31-07-2020 deadline01-10-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2018 was due by 31-07-2019 and was filed on 28-08-2019, 28 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
2020
not filed
2019
not filed
2018
28 d late
2017
16 d late
2016
29 d late
2015
16 d early
2014
21 d early
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 5 accounts on average 7 days after the deadline; the Belgian median for financial year 2020 is 1 day before the deadline, and 46% of all filings were late.
Checked, nothing found (1)
- Bankruptcy closure (insufficient assets)Tribunal de l’entreprise du Brabant…
- OpeningTribunal de l’entreprise du Brabant…
- Annual accounts filedfiscal year 2018 · micro…
Financials
Fiscal year 2018Total assets €88,552Profit €10,801Solvency -19.5%Liquidity 0.84
Total assets
€88,552
2018
Net result
€10,801
2018
Equity
-€17,309
2018
Solvency
-19.5%
2018
Financials · fiscal year 2018, micro schema
Trend over the years
Turnover and EBIT margin not published: the micro schema does not require them.
Key figures and ratios
Key figures and ratios
Solvency
-19.5%
Current ratio
0.84
Quick ratio
0.28
ROA
12.2%
Debt
€105,860
Debt ≤ 1 year
€105,860
Income taxes
€161
Filed annual accounts
Annual accounts
| Line | 2018 |
|---|---|
| Gross operating margin9900 | €11,231 |
| Operating profit (loss)9901 | €7,082 |
| Recurring financial charges65 | -€3,880 |
| Profit (loss) for the period before taxes9903 | €10,962 |
| Income taxes67/77 | €161 |
| Profit (loss) for the period9904 | €10,801 |
| Profit (loss) for the period to be appropriated9905 | €10,801 |
| Line | 2018 | |
|---|---|---|
| Assets | ||
| Total assets20/58 | €88,552 | |
| Current assets29/58 | €88,552 | |
| Stocks and contracts in progress3 | €59,000 | |
| Amounts receivable within one year40/41 | €24,907 | |
| Cash at bank and in hand54/58 | €4,644 | |
| Equity and liabilities | ||
| Total equity and liabilities10/49 | €88,552 | |
| Equity10/15 | -€17,309 | |
| Contributions10/11 | €30,987 | |
| Reserves13 | €540 | |
| Profit (loss) carried forward14 | -€48,835 | |
| Amounts payable17/49 | €105,860 | |
| Amounts payable within one year42/48 | €105,860 | |
| Trade debts44 | €101,562 | |
| Line | 2018 |
|---|---|
| Profit (loss) for the period9904 | €10,801 |
| Operating cash flow (approximation) | €10,801 |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Board & ownership
Directors
Directors
No directors read yet: 0 of 5 Gazette acts processed. See the function holders in the CBE →
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | PHILIPPE MOENS Rue De Clairvaux 40, 1348 Louvain-La-Neuve |
27-06-2022 → 05-12-2024 |
Timeline
12 eventsLatest 31-12-2024
History
Acts, filings and financial milestones
2024
31-12
Bankruptcy
Bankruptcy closure (insufficient assets)
Tribunal de l’entreprise du Brabant wallon · event 05-12-2024
2022
01-07
Bankruptcy
Opening
Tribunal de l’entreprise du Brabant wallon · event 27-06-2022
2019
28-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 28 days late
2018
16-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 16 days late
2017
29-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 29 days late
2016
15-07
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
2015
10-07
NBB filing
Annual accounts filed
fiscal year 2014 · full schema
2014
24-07
NBB filing
Annual accounts filed
fiscal year 2013 · full schema
2013
06-06
NBB filing
Annual accounts filed
fiscal year 2012 · full schema
2012
03-07
NBB filing
Annual accounts filed
fiscal year 2011 · full schema
2011
27-06
NBB filing
Annual accounts filed
fiscal year 2010 · full schema
2010
05-07
NBB filing
Annual accounts filed
fiscal year 2009 · full schema
SignalNBB filing
0 of 5 acts read
About the unread acts
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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