FIXESTONE
Bankruptcy closedSummary
FIXESTONE was declared bankrupt on 05-09-2023 (Ondernemingsrechtbank Brussel); the bankruptcy was closed for insufficient assets by judgment of 03-03-2026, published in the Belgian State Gazette on 23-03-2026. The 2019 annual accounts show equity of €81,136 and a net result of €49,660.
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+raises risk
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History
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Financials · fiscal year 2019, micro schema
Equity
€81,136▲ 158%
2018 · €31,476
Total assets
€698,948▲ 440%
2018 · €129,409
Net result
€49,660▲ 116%
2018 · €22,976
Working capital
€66,954▲ 113%
2018 · €31,376
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20182019
Operating result€33,814-€61,470▲ 81.8%
Net result€22,976-€49,660▲ 116%
Equity€31,476-€81,136▲ 158%
Total assets€129,409-€698,948▲ 440%
Debt€97,933-€617,812▲ 531%
Working capital€31,376-€66,954▲ 113%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result rises in 2019; 2019 is 82% above 2018.
Balance-sheet composition
2019 in colour, 2018 as the grey bar beneath
Assets €698,948
Fixed assets
€14,182 ▲ 14,082%
Current assets
€684,766 ▲ 430%
Equity and liabilities €698,948
Equity
€81,136 ▲ 158%
Debt
€617,812 ▲ 531%
Debt's share of the balance-sheet total rises from 75.7% to 88.4%. Equity and debt are higher.
Key figures and ratios
EBITDA
€63,597▲
2018 · €34,864
Cash flow
€51,787▲
2018 · €24,026
Current ratio
1.11▼
2018 · 1.32
ROE
61.2%▼
2018 · 73.0%
ROA
7.1%▼
2018 · 17.8%
Debt ≤ 1 year
€617,812▲
2018 · €97,933
Income taxes
€10,787▲
2018 · €10,192
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | Change |
|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,050 | €2,127 | ▲ 103% |
| Gross operating margin9900 | €80,569 | €75,195 | ▼ 6.7% |
| Operating profit (loss)9901 | €33,814 | €61,470 | ▲ 81.8% |
| Recurring financial charges65 | €646 | €1,023 | ▲ 58.3% |
| Profit (loss) for the period before taxes9903 | €33,168 | €60,447 | ▲ 82.2% |
| Income taxes67/77 | €10,192 | €10,787 | ▲ 5.8% |
| Profit (loss) for the period9904 | €22,976 | €49,660 | ▲ 116% |
| Profit (loss) for the period to be appropriated9905 | €22,976 | €49,660 | ▲ 116% |
| Line | 2018 | 2019 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €129,409 | €698,948 | ▲ 440% |
| Fixed assets21/28 | €100 | €14,182 | ▲ 14,082% |
| Tangible fixed assets22/27 | - | €14,082 | - |
| Financial fixed assets28 | €100 | €100 | = |
| Current assets29/58 | €129,309 | €684,766 | ▲ 430% |
| Amounts receivable within one year40/41 | €129,239 | €683,491 | ▲ 429% |
| Cash at bank and in hand54/58 | €70 | €1,275 | ▲ 1,714% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €129,409 | €698,948 | ▲ 440% |
| Equity10/15 | €31,476 | €81,136 | ▲ 158% |
| Contributions10/11 | €8,500 | €8,500 | = |
| Profit (loss) carried forward14 | €22,976 | €72,636 | ▲ 216% |
| Amounts payable17/49 | €97,933 | €617,812 | ▲ 531% |
| Amounts payable within one year42/48 | €97,933 | €617,812 | ▲ 531% |
| Trade debts44 | €73,348 | €326,700 | ▲ 345% |
| Line | 2018 | 2019 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €22,976 | €49,660 | ▲ 116% |
| + Depreciation and write-downs630 | €1,050 | €2,127 | ▲ 103% |
| Operating cash flow (approximation) | €24,026 | €51,787 | ▲ 116% |
| Investment in fixed assets (approximation) | - | -€16,209 | - |
| Change in cash | - | €1,205 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2026
23-03
Bankruptcy
Bankruptcy closure (insufficient assets)
Ondernemingsrechtbank Brussel · event 03-03-2026
2023
11-09
Bankruptcy
Opening
Ondernemingsrechtbank Brussel · event 05-09-2023
2020
31-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 153 days late
2019
24-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 85 days late
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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Directors · office · real estate
Directors
5 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
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | PAUL VAN ROMPAEY ZANDBERG,19, 2260 WESTERLO- |
05-09-2023 → 03-03-2026 |
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded05-12-2017
Fiscal year end31-12
E-invoicing
Not found in the Peppol register
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Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.