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Active
BE 0655.955.867Public limited companyOpen bankruptcy
FNG Benelux Holding
Bautersemstraat 68A ·2800 Mechelen, Belgium· 10 yrs active
Sector: Activiteiten van holdings
(64210)
Conclusion
A bankruptcy procedure is open for FNG Benelux Holding according to publications in the Belgian State Gazette. The 2018 annual accounts show equity of €174.71M and a net result of €-11.11M.
Based on the State Gazette, CBE and 1 annual account.
Key figures
| Equity | €174.71M |
| Net result | €-11.11M |
| Active | 10 yrs |
| Locations | 1 |
Financial profile
33
/ 100
This figure rests on 3 of 5 axes. Too few to say where this company is strong or weak.
Computed on 3 of 5 axes. Not measured: health, growth. An unmeasured axis is not a zero: no data was read for it.
Health
-
Profitability
0
Solvency
100
Growth
-
Stability
0
Bankruptcy probability (12 mo)
Bankruptcy opened
A bankruptcy procedure is already open, a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.
Risk Assessment
50 / 100
High riskRegister: open bankruptcyThis score counts publications in the Belgian State Gazette only. The KBO register additionally records legal situation 050 for this company; it does not feed the figure above.
Components
· Open bankruptcy (+50)
Trust signals
Register: open bankruptcy
The KBO register records legal situation 050 for this company. This is today's state according to the register itself; the register carries no start date.
Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Administrative Flags
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Health barometer
Model not applicable to financial institutions
The health score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here.
Financial overview
Annual accounts filed on 27-12-2019 with the NBB · fiscal year 2018 · volledig
| Fiscal year | 2018 |
|---|---|
| Deposit | volledig |
| Revenue | n/a |
| EBITDA | n/a |
| Net profit | €-11.11M |
| Cash flow | n/a |
| Staff costs | - |
| Income taxes | - |
| Dividends | - |
| Total assets | €334.28M |
| Equity | €174.71M |
| Debt | €159.57M |
| of which ≤ 1y | €70.87M |
| of which > 1y | €87.33M |
| Working capital | n/a |
| Employees (FTE) | - |
Ratios (computed)
| 2018 | |
|---|---|
| Current ratio | n/a |
| Quick ratio | n/a |
| Working capital ratio | n/a |
| Solvency | 52.3% |
| Debt / equity | n/a |
| Long-term debt ratio | n/a |
| Interest coverage | n/a |
| Gross margin | n/a |
| Net margin | n/a |
| ROA | -3.3% |
| ROE | -6.4% |
| EBITDA margin | n/a |
| Days sales outstanding | n/a |
| Days payable outstanding | n/a |
| Inventory turnover | n/a |
| Days inventory (DSI) | n/a |
Balance-sheet composition 2018
Full annual accounts (21 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2018 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €334.28M |
| Fixed assets | 21/28 | €166.45M |
| Intangible fixed assets | 21 | €129k |
| Financial fixed assets | 28 | €166.32M |
| Current assets | 29/58 | €167.83M |
| Amounts receivable within one year | 40/41 | €167.31M |
| Cash & bank | 54/58 | €524k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €334.28M |
| Equity | 10/15 | €174.71M |
| Contributions / capital | 10/11 | €185.82M |
| Accumulated profits (losses) | 14 | €-11.11M |
| Amounts payable | 17/49 | €159.57M |
| Amounts payable after one year | 17 | €87.33M |
| Amounts payable within one year | 42/48 | €70.87M |
| Trade debts payable within one year | 44 | €886k |
| Income statement | ||
| Operating result | 9901 | €-1.50M |
| Financial income | 75 | €2.65M |
| Financial charges | 65 | €5.55M |
| Result before taxes | 9903 | €-7.10M |
| Net result for the period | 9904 | €-7.10M |
| Result to be appropriated | 9905 | €-7.10M |
Ratios computed by Checked.
Directors & mandates
| Role | Name | Tenure | Source |
|---|---|---|---|
| Curator | GEERT VAN DEYCK CELLEBROEDERSTRAAT 13,
2800 MECHELEN |
12-08-2020 → present | Belgian State Gazette |
| Curator | MARC JORIS KONINGIN ASTRIDLAAN 77, 2800 MECHELEN |
12-08-2020 → present | Belgian State Gazette |
| Curator | NICK PEETERS NOORDERLAAN 98, 2030 ANTWERPEN 3- |
12-08-2020 → present | Belgian State Gazette |
| Curator | ANNELIES HELLEMANS NEETWEG 24,
2220 HEIST-OP-DEN-BERG |
12-08-2020 → present | Belgian State Gazette |
Legal Structure
| NACE primary | Activiteiten van holdings(64210) |
| Legal form | Public limited company(014) |
| Incorporation | 06-06-2016 |
| Status | Active |
| Postal code | 2800 |
| First insolvency signal | 18-08-2020 |
| Latest insolvency signal | 18-08-2020 |
Establishment units
FNG Benelux Holding
since 20162.253.684.340
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Real-estate footprint
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12403D0141/00C003 | Flanders | 1,988 m² | 1 · 1,780 m² | 37.5 m · 2 fl. |
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Updates
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
2020
18-08-2020
Bankruptcy
Opening
2019
27-12-2019
NBB filing
Annual accounts filed
2018
29-09-2018
NBB filing
Annual accounts filed
Lifecycle & Insolvency Signals
18-08-2020
Bankruptcy
Opening
Time machine, BS events + macro context
Macro context
2020-Q2/Q3 COVID lockdown
2022 energy crisis
2023-2024 ECB rate hikes
Legend
Bankruptcy
Interim / reorg
KBO event
Belgian State Gazette reading coverage
We know of 13 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Credit advice
Company registry (CBE)
Activities
Holdings64200Activiteiten van holdings64210Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies70200Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering70220Overige zakelijke dienstverlening, neg82990
Primary activity highlighted.
Names & trade names
| Legal nameNL | FNG Benelux Holding |
Registered office
Bautersemstraat 68A
2800 Mechelen, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
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