FMNK
Open bankruptcyA bankruptcy procedure is open for FMNK according to publications in the Belgian State Gazette; curator: PASCAL LAMBERT. The 2023 annual accounts show equity of €87k and a net result of €-2k.
Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Persistent losses
Two consecutive loss-making years (2022 and 2023); equity fell accordingly. May indicate structural pressure on profitability.
NBB · annual accounts 2023Net result per financial year
181920212223
2018 to 2023 · latest year -€2k
neutral · Filed after the deadline
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 30-09-2024, 61 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
61 d late
2022
75 d late
2021
88 d late
2020
16 d late
2019
62 d late
← before the deadline
after the deadline →
Financials · fiscal year 2023, micro schema
Equity
€87k▼ 2.3%
2022 · €89k
2018: €57k
2019: €69k
2020: €90k
2021: €121k
2022: €89k
2018 → 2023
Total assets
€267k▲ 1.9%
2022 · €262k
2018: €185k
2019: €222k
2020: €268k
2021: €281k
2022: €262k
2018 → 2023
Net result
€-2k▲ 93.4%
2022 · €-32k
2018: €32k
2019: €26k
2020: €26k
2021: €31k
2022: €-32k
2018 → 2023
Working capital
€187k▼ 1.3%
2022 · €190k
2018: €101k
2019: €128k
2020: €168k
2021: €206k
2022: €190k
2018 → 2023
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20192020202120222023Trend
Equity€69k-€90k▲ 30.6%€121k▲ 34.1%€89k▼ 26.2%€87k▼ 2.3%
Operating result€32k-€30k▼ 5.6%€43k▲ 43.5%€-31k€-708▲ 97.7%
Net result€26k-€26k▼ 2.0%€31k▲ 19.9%€-32k€-2k▲ 93.4%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €708 in 2023 against €31k in 2022; the loss shrinks.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €267k
Fixed assets
€7k▼ 30.1%
Current assets
€260k▲ 3.2%
Equity and liabilities €267k
Equity
€87k▼ 2.3%
Debt
€180k▲ 4.1%
The debt ratio rises from 65.9% to 67.3%: debt grows while equity shrinks.
Key figures and ratios
EBITDA
€2k▲
2022 · €-24k
Cash flow
€1k▲
2022 · €-24k
Solvency
32.7%▼
2022 · 34.1%
Current ratio
3.59▼
2022 · 4.08
Quick ratio
3.23▼
2022 · 3.58
Debt / equity
2.06▲
2022 · 1.94
ROE
-2.4%▲
2022 · -35.4%
ROA
-0.8%▲
2022 · -12.1%
Interest coverage
1.67▲
2022 · -12.19
Debt
€180k▲
2022 · €173k
Debt ≤ 1 year
€72k▲
2022 · €62k
Debt > 1 year
€108k▼
2022 · €111k
Income taxes
€0▲
2022 · €0
Staff costs
€41k▲
2022 · €40k
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 · 2023 against 2022
Balance sheet
Code20222023
Assets
Total assets20/58€262k€267k▲
Fixed assets21/28€11k€7k▼
Intangible fixed assets21€1k€0▼
Tangible fixed assets22/27€6k€4k▼
Plant, machinery and equipment23€1k€515▼
Other tangible fixed assets26€5k€4k▼
Financial fixed assets28€3k€3k=
Current assets29/58€252k€260k▲
Stocks and contracts in progress3€31k€26k▼
Stocks30/36€31k€26k▼
Amounts receivable within one year40/41€12k€16k▲
Trade receivables40€12k€14k▲
Other amounts receivable41€3€2k▲
Current investments50/53€5€1▼
Cash at bank and in hand54/58€209k€217k▲
Deferred charges and accrued income490/1€84€276▲
Equity and liabilities
Total equity and liabilities10/49€262k€267k▲
Equity10/15€89k€87k▼
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€0▼
Reserves not available under the articles1311€2k€0▼
Distributable reserves133-€2k
Profit (loss) carried forward14€69k€67k▼
Amounts payable17/49€173k€180k▲
Amounts payable after more than one year17€111k€108k▼
Financial debts170/4€111k€108k▼
Amounts payable within one year42/48€62k€72k▲
Current portion of amounts payable after more than one year42€0-
Trade debts44€38k€53k▲
Suppliers440/4€38k€53k▲
Taxes, remuneration and social security45€23k€19k▼
Taxes450/3€16k€9k▼
Remuneration and social security454/9€7k€10k▲
Other amounts payable47/48€737€0▼
Income statement
Code20222023
Remuneration, social security and pensions62€40k€41k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8k€3k▼
Other operating charges640/8€705€4k▲
Non-recurring operating charges66A€19k€18k▼
Gross operating margin9900€36k€65k▲
Operating profit (loss)9901€-31k€-708▲
Financial income75/76B€2k€87▼
Recurring financial income75€2k€87▼
Financial charges65/66B€2k€1k▼
Recurring financial charges65€2k€1k▼
Profit (loss) for the period before taxes9903€-32k€-2k▲
Income taxes67/77€0€0▲
Profit (loss) for the period9904€-32k€-2k▲
Profit (loss) for the period to be appropriated9905€-32k€-2k▲
Appropriation of the result
Profit (loss) to be appropriated9906€69k€67k▼
Profit (loss) brought forward from the previous period14P€101k€69k▼
The notes to these accounts (13 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
12-05
Bankruptcy
Opening
Tribunal de l’entreprise de Liège, division Liège · FMNK SRL RUE DE LA CLEF 74, 4650 HERVE · event 05-05-2025
2024
30-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 61 days late
2023
14-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 75 days late
2022
31-12
Financial
Weakest financial yearnet €-32k ▼203%
Net result drops to €-32k, the lowest in the series.
27-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 88 days late
2021
31-12
Financial
Equity above €100kEq €121k ▲34.1%
4 profitable years in a row build equity to €121k.
16-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 16 days late
2020
01-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 62 days late
2019
26-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 26 days late
2018
29-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 29 days late
2017
24-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 24 days late
2016
23-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 23 days late
2015
25-08
NBB filing
Annual accounts filed
fiscal year 2014 · full schema · 25 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Herve · 1 establishment unit since 2013
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.
Rue de la Clef 744650 HerveGround area
434 m²
Parcel 63035A0005/00P004, Wallonia. Linked by address, not a title deed.
1 establishment unit
LIBRAIRIE DU ROND POINT
since 20132.217.413.763
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 63035A0005/00P004 | Wallonia | 434 m² | - | - |
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 | PASCAL LAMBERT RUE DE LA LECHE 36,
4020 LIEGE 2 |
05-05-2025 → present |
Recognitions · licences · registrations
Food safety, FASFC
1 siteHerve2.217.413.763
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Of 2,318 companies in sector 47621 we hold annual accounts for 1,235. 1,086 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded12-03-2013
Fiscal year end31-12
Activities, NACEBEL
47620Retail trade
47621Retail sale of newspapers and periodicals
47242Retail sale of chocolate and confectionery
47252Retail sale of beverages, general range
47260Retail trade
47789Other retail sale of new goods
Sources
Crossroads Bank for EnterprisesNational Bank · 11 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.