FORPEX BELGIUM
InactiveFORPEX BELGIUM was declared bankrupt on 19-07-2022 (Ondernemingsrechtbank Leuven); the bankruptcy was closed by liquidation by judgment of 20-06-2024, published in the Belgian State Gazette on 24-07-2024.
No longer registered with the KBO; last annual accounts for fiscal year 2021.
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2022, 4 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filingsPosition against the passed deadline
31-12-2022 close31-07-2023 deadline23-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2021 was due by 31-07-2022 and was filed on 13-07-2022, 18 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
18 d early
2020
108 d late
2019
124 d late
← before the deadline
after the deadline →
Financials · fiscal year 2021, micro schema
Equity
€-105k▼ 366%
2020 · €-23k
2018: €30k
2019: €-39k
2020: €-23k
2018 → 2021
Total assets
€65k▼ 72.1%
2020 · €232k
2018: €915k
2019: €733k
2020: €232k
2018 → 2021
Net result
€-83k
2020 · €16k
2018: €-529k
2019: €-69k
2020: €16k
2018 → 2021
Working capital
€-105k▼ 366%
2020 · €-23k
2018: €167k
2019: €97k
2020: €-23k
2018 → 2021
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2018201920202021Trend
Equity€30k-€-39k€-23k▲ 41.9%€-105k▼ 366%
Operating result€-514k-€-65k▲ 87.4%€89k€-80k
Net result€-529k-€-69k▲ 86.9%€16k€-83k
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2021: a loss of €80k after €89k in 2020.
Key figures and ratios
Solvency
-162.5%▼
2020 · -9.7%
Current ratio
0.38▼
2020 · 0.91
Quick ratio
0.35▼
2020 · 0.87
Debt / equity
-1.62
ROA
-127.6%▼
2020 · 7.0%
Debt
€170k▼
2020 · €255k
Debt ≤ 1 year
€170k▼
2020 · €255k
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 · 2021 against 2020
Balance sheet
Code20202021
Assets
Total assets20/58€232k€65k▼
Current assets29/58€232k€65k▼
Stocks and contracts in progress3€11k€5k▼
Stocks30/36-€5k
Amounts receivable within one year40/41€221k€59k▼
Trade receivables40-€57k
Other amounts receivable41-€1k
Cash at bank and in hand54/58€155€1k▲
Equity and liabilities
Total equity and liabilities10/49€232k€65k▼
Equity10/15€-23k€-105k▼
Contributions10/11-€400k
Reserves13€2k€2k=
Non-distributable reserves130/1-€2k
Reserves not available under the articles1311-€2k
Profit (loss) carried forward14€-425k€-507k▼
Amounts payable17/49€255k€170k▼
Amounts payable within one year42/48€255k€170k▼
Financial debts43-€2k
Credit institutions430/8-€2k
Trade debts44€82k€66k▼
Suppliers440/4-€66k
Taxes, remuneration and social security45-€68k
Taxes450/3-€68k
Other amounts payable47/48-€34k
Income statement
Code20202021
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€76k
Other operating charges640/8-€10k
Gross operating margin9900€104k€6k▼
Operating profit (loss)9901€89k€-80k▼
Financial income75/76B-€0
Recurring financial income75€2€0▼
Financial charges65/66B-€2k
Recurring financial charges65€729€2k▲
Profit (loss) for the period before taxes9903€88k€-83k▼
Income taxes67/77€72k-
Profit (loss) for the period9904€16k€-83k▼
Profit (loss) for the period to be appropriated9905€16k€-83k▼
Appropriation of the result
Profit (loss) to be appropriated9906-€-507k
Profit (loss) brought forward from the previous period14P-€-425k
The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2024
24-07
Bankruptcy
Bankruptcy closure (by liquidation)
Ondernemingsrechtbank Leuven · FORPEX BELGIUM CVBA AMBACHTSTRAAT 19, 3110 ROTSELAAR · event 20-06-2024
2022
27-07
Bankruptcy
Opening
Ondernemingsrechtbank Leuven · FORPEX BELGIUM CVBA AMBACHTSTRAAT 19, 3110 ROTSELAAR · event 19-07-2022
13-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
16-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 108 days late
2020
31-12
Financial
Back to profitnet €16k
Net result €16k after 2 loss-making years.
02-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 124 days late
2019
27-09
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 58 days late
13-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 378 days late
2017
19-11
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 111 days late
2016
29-09
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 60 days late
13-05
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema · 287 days late
2015
30-03
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema · 242 days late
2014
10-08
NBB filing
Annual accounts filed
fiscal year 2012 · abbreviated schema · 375 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
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.
Insolvency mandates
2 mandates| Role | Name | Tenure |
|---|---|---|
| Curator | JOHAN MOMMAERTS BRUSSELSESTEENWEG 62,
3000 LEUVEN |
19-07-2022 → present |
| Curator | STEVEN NYSTEN BRUSSELSESTEENWEG 62, 3000 LEUVEN |
19-07-2022 → present |