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FISCOFINE

Open bankruptcy
Private limited company (pre-2019)founded 2013Rue Abbé Fernand Magnée 45, 4300 Waremme, BelgiumKBO/BCE: BE 0542.358.474
Summary

A bankruptcy procedure is open for FISCOFINE according to publications in the Belgian State Gazette. The 2020 annual accounts show equity of €22,613 and a net result of €50,114.

Are you a creditor?

Open bankruptcy Source: Belgian Official Gazette

If this company owes you money, you are not paid automatically: you file your claim yourself, within the deadline the judgment sets.

The procedure

Court
Enterprise Court of Liège, Liège division
Declared bankrupt
19 September 2022
Supervising judge
Jean-Marc Wouters
Official Gazette
23-09-2022 (pdf) ↗search the document for 2022/133154

Deadlines

Appeal or third-party opposition until
passed on 8 October 2022Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
File the claim in RegSol until
passed on 19 October 2022art. XX.104 and XX.155 CEL
First verification report
passed on 3 November 2022Goods that belong to you, such as those delivered under retention of title, are reclaimed before this day.art. XX.104 and XX.194 CEL
Late claim until
passed on 19 September 2023Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL

Curator

What to do now

  1. Do not deliver on credit any more without an agreement with the curator.
  2. Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
  3. File your proof of claim in RegSol (regsol.be), yourself with eID or itsme, or through your lawyer. State principal, interest and costs separately, and any preferential right you hold.
  4. Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
  5. Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
  6. Follow the file in RegSol: the verification report (admitted or disputed) and the curator's reports appear there.

The deadlines above come from the publication of the judgment. Check them in RegSol before you file anything; a passed deadline no longer applies.

File a claim in RegSol ↗ Watch Follow this bankruptcy: you are alerted when it is closed or reversed.

General information, not legal advice. If in doubt, the curator, your lawyer or your accountant can help.Creditor guide for this company

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Signals

Two signals.
+raises risk
raises risk · Register: open bankruptcy
The KBO register records the legal situation: open bankruptcy. This is today's state according to the register itself; the register carries no start date.
KBO · legal situation
raises risk · Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Belgian State Gazette
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

On 20 November 2013, FISCOFINE was incorporated.1 Total assets went from EUR 143,904 in 2018 to EUR 345,199 in 2020.2 The company was declared bankrupt on 19 September 2022.3

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2020
  3. 3Belgian State Gazette, 23-09-2022

Go further with this company

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

Financials · fiscal year 2020, micro schema

Equity
€22,613=
2019 · €22,613
Total assets
€345,199▲ 124%
2019 · €154,115
Net result
€50,114▼ 55.0%
2019 · €111,469
Working capital
-€71,848▼ 119%
2019 · -€32,855
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 69, Legal and accounting activities, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line201820192020
Operating result€115,079-€173,861▲ 51.1%€77,538▼ 55.4%
Net result€71,711-€111,469▲ 55.4%€50,114within the sector's middle half▼ 55.0%
Equity€22,613-€22,613=€22,613below the sector's middle half=
Total assets€143,904-€154,115▲ 7.1%€345,199within the sector's middle half▲ 124%
Debt€121,291-€131,502▲ 8.4%€322,586▲ 145%
Working capital-€19,593--€32,855▼ 67.7%-€71,848below the sector's middle half▼ 119%
Solvency15.7%-14.7%▼ 1.0pp6.6%below the sector's middle half▼ 8.1pp
Current ratio0.68-0.62▼ 0.060.75below the sector's middle half▲ 0.13
Return on assets (ROA)49.8%-72.3%▲ 22.5pp14.5%within the sector's middle half▼ 57.8pp
above within below the middle half (P25 to P75) of NACE 69, Legal and accounting activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€50,000€100,000€150,000Operating result 2018: €115,079€115,079Net result 2018: €71,711€71,711Operating result 2019: €173,861€173,861Net result 2019: €111,469€111,469Operating result 2020: €77,538€77,538Net result 2020: €50,114€50,114201820192020€0€50,000€100,000€150,000Operating result 2018: €115,079€115,000Net result 2018: €71,711€71,700Operating result 2019: €173,861€174,000Net result 2019: €111,469€111,000Operating result 2020: €77,538€77,500Net result 2020: €50,114€50,100201820192020
The operating result falls in 2020; 2020 is 55% below 2019 and is the lowest result in the available series.
Balance-sheet composition
2020 in colour, 2019 as the grey bar beneath
Assets €345,199
Fixed assets €130,136 ▲ 28.8%
Current assets €215,063 ▲ 305%
Equity and liabilities €345,199
Equity €22,613 =
Debt €322,586 ▲ 145%
Debt's share of the balance-sheet total rises from 85.3% to 93.4%. Debt is higher.
Key figures and ratios
2020 value · change against 2019
EBITDA
€83,722▼
2019 · €174,361
Cash flow
€56,297▼
2019 · €111,969
Debt to equity
14.27▲
2019 · 2.02
ROE
221.6%▼
2019 · 492.9%
Interest coverage
19.15
Debt ≤ 1 year
€286,911▲
2019 · €85,896
Debt > 1 year
€35,675▼
2019 · €45,606
Income taxes
€23,053▼
2019 · €53,967
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 · 49 lines
Balance sheet Code20192020
Assets
Total assets20/58€154,115€345,199▲
Fixed assets21/28€101,075€130,136▲
Tangible fixed assets22/27€1,084€30,146▲
Furniture and vehicles24-€30,146
Financial fixed assets28€99,991€99,991=
Current assets29/58€53,041€215,063▲
Amounts receivable after more than one year29-€210,000
Other amounts receivable291-€210,000
Amounts receivable within one year40/41€32,221€2,059▼
Trade receivables40-€1,543
Other amounts receivable41-€517
Cash at bank and in hand54/58€17,439€0▼
Deferred charges and accrued income490/1-€3,004
Equity and liabilities
Total equity and liabilities10/49€154,115€345,199▲
Equity10/15€22,613€22,613=
Contributions10/11€18,600€18,600=
Capital10-€18,600
Issued capital100-€18,600
Reserves13€1,860€1,860=
Non-distributable reserves130/1-€1,860
Legal reserve130-€1,860
Profit (loss) carried forward14€2,153€2,153=
Amounts payable17/49€131,502€322,586▲
Amounts payable after more than one year17€45,606€35,675▼
Financial debts170/4-€35,675
Amounts payable within one year42/48€85,896€286,911▲
Current portion of amounts payable after more than one year42-€11,112
Financial debts43-€23,716
Credit institutions430/8-€23,716
Trade debts44-€6,577
Suppliers440/4-€6,577
Taxes, remuneration and social security45-€244,338
Taxes450/3-€244,338
Other amounts payable47/48-€1,168
Income statement Code20192020
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€500€6,183▲
Other operating charges640/8-€1,655
Gross operating margin9900€182,806€85,377▼
Operating profit (loss)9901€173,861€77,538▼
Recurring financial income75€6,811-
Financial charges65/66B-€4,372
Recurring financial charges65€15,237€4,372▼
Profit (loss) for the period before taxes9903€165,435€73,167▼
Income taxes67/77€53,967€23,053▼
Profit (loss) for the period9904€111,469€50,114▼
Profit (loss) for the period to be appropriated9905€111,469€50,114▼
Appropriation of the result
Profit (loss) to be appropriated9906-€52,267
Profit (loss) brought forward from the previous period14P-€2,153
Profit to be distributed694/7-€50,114
Return on contributions (dividend)694€111,469€50,114▼

The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line201820192020Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€16,851€500€6,183▲ 1,136%
Other operating charges640/8--€1,655-
Gross operating margin9900€134,456€182,806€85,377▼ 53.3%
Operating profit (loss)9901€115,079€173,861€77,538▼ 55.4%
Recurring financial income75€22€6,811--
Financial charges65/66B--€4,372-
Recurring financial charges65€4,313€15,237€4,372▼ 71.3%
Profit (loss) for the period before taxes9903€110,789€165,435€73,167▼ 55.8%
Income taxes67/77€39,078€53,967€23,053▼ 57.3%
Profit (loss) for the period9904€71,711€111,469€50,114▼ 55.0%
Profit (loss) for the period to be appropriated9905€71,711€111,469€50,114▼ 55.0%
Line201820192020Change
Assets
Total assets20/58€143,904€154,115€345,199▲ 124%
Fixed assets21/28€102,775€101,075€130,136▲ 28.8%
Tangible fixed assets22/27€1,584€1,084€30,146▲ 2,681%
Furniture and vehicles24--€30,146-
Financial fixed assets28€101,191€99,991€99,991=
Current assets29/58€41,130€53,041€215,063▲ 305%
Amounts receivable after more than one year29--€210,000-
Other amounts receivable291--€210,000-
Amounts receivable within one year40/41€33,518€32,221€2,059▼ 93.6%
Trade receivables40--€1,543-
Other amounts receivable41--€517-
Cash at bank and in hand54/58€1,724€17,439€0▼ 100.0%
Deferred charges and accrued income490/1--€3,004-
Equity and liabilities
Total equity and liabilities10/49€143,904€154,115€345,199▲ 124%
Equity10/15€22,613€22,613€22,613=
Contributions10/11€18,600€18,600€18,600=
Capital10--€18,600-
Issued capital100--€18,600-
Reserves13€1,860€1,860€1,860=
Non-distributable reserves130/1--€1,860-
Legal reserve130--€1,860-
Profit (loss) carried forward14€2,153€2,153€2,153=
Amounts payable17/49€121,291€131,502€322,586▲ 145%
Amounts payable after more than one year17€60,568€45,606€35,675▼ 21.8%
Financial debts170/4--€35,675-
Amounts payable within one year42/48€60,723€85,896€286,911▲ 234%
Current portion of amounts payable after more than one year42--€11,112-
Financial debts43--€23,716-
Credit institutions430/8--€23,716-
Trade debts44€2,639-€6,577-
Suppliers440/4--€6,577-
Taxes, remuneration and social security45--€244,338-
Taxes450/3--€244,338-
Other amounts payable47/48--€1,168-
Line201820192020Change
Profit (loss) for the period9904€71,711€111,469€50,114▼ 55.0%
+ Depreciation and write-downs630€16,851€500€6,183▲ 1,136%
Operating cash flow (approximation)€88,562€111,969€56,297▼ 49.7%
Investment in fixed assets (approximation)-€1,200-€35,245▼ 3,037%
Change in cash-€15,715-€17,438▼ 211%

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

2024
18-11
Bankruptcy Change of trustee
Tribunal de l’entreprise de Liège, division Liège · event 07-11-2024
2022
23-09
Bankruptcy Opening
Tribunal de l’entreprise de Liège, division Liège · event 19-09-2022
22-07
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 356 days late
2020
31-12
Financial Weakest financial yearnet €50,114 ▼55%
Net result drops to €50,114, the lowest in the series.
27-10
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 88 days late
23-03
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 236 days late
2019
31-12
Financial Highest result since 2018net €111,469 ▲55.4%
Operating result €173,861, net result €111,469, both a record.
2018
31-10
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 92 days late
2017
31-08
NBB filing Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
2016
30-08
NBB filing Annual accounts filed
fiscal year 2015 · full schema · 30 days late
2015
24-08
NBB filing Annual accounts filed
fiscal year 2014 · full schema · 24 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
Registered office, Waremme · 1 establishment unit since 2013
seat establishment The establishment unit on the map
Ground area
1,767 m²
Building footprint
225 m²
Volume, LiDAR
1,778 m³
2 parcels, Wallonia · tallest building 11.4 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Rue Grand'rue 205, 4870 Trooz
Certified accountants and tax accountants
since 20132.314.239.262
2 parcels
Wallonia 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
64012A0169/00F000 Wallonia 1,614 m² 1 · 160 m² 9.4 m · 2 fl.
62040G0175/00M008 Wallonia 153 m² 1 · 64 m² 11.4 m · 3 fl.
Linked by address, not proof of ownership
Good to know
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

2 mandates
Role Name Tenure
Curator INGRID VON FRENCKELL
RUE DES AUGUSTINS 32, 4000 LIEGE 1
07-11-2024 → present
Curator RAPHAEL DAVIN
RUE DES AUGUSTINS 32, 4000 LIEGE 1- . Co-Curateur : RéGINE MERCIER, RUE DE PONDIRE 23, 5590 CINEY- regine@ecosolidaire.be
19-09-2022 → present

Similar companies · same sector, comparable size

Of 12,174 companies in sector 69201 we hold annual accounts for 7,641. 4,637 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company (pre-2019)
Founded20-11-2013
Fiscal year end31-12
Activities, NACEBEL 2025
69201Certified accountants and tax accountants
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

Register as of 28 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.