Franthymon
Open bankruptcyA bankruptcy procedure is open for Franthymon according to publications in the Belgian State Gazette; curator: PIERRE HENRY. The 2020 annual accounts show equity of €39k and a net result of €-383k.
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2020 was due by 31-07-2021 and was filed on 31-08-2021, 31 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
not filed
2022
not filed
2021
not filed
2020
31 d late
2019
57 d late
← before the deadline
after the deadline →
Financials · fiscal year 2020, unclassified schema
Turnover
€30.35M
EBIT margin
-0.5%
Net result
€-383k
2019 · €36k
2018: €20k
2019: €36k
2018 → 2020
Working capital
€-970k▼ 68.6%
2019 · €-575k
2018: €-368k
2019: €-575k
2018 → 2020
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line201820192020Trend
Turnover€30.35M
Equity€390k-€424k▲ 8.7%€39k▼ 90.7%
Operating result€90k-€-90k€-161k▼ 78.3%
Net result€20k-€36k▲ 80.2%€-383k
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €161k in 2020 against €90k in 2019; the loss grows and 2020 has the lowest result in the available series.
Balance-sheet composition
2020 in colour, 2019 as the grey bar beneath
Assets €6.76M
Fixed assets
€1.49M▼ 1.6%
Current assets
€5.27M▲ 35.0%
Equity and liabilities €6.76M
Equity
€39k▼ 90.7%
Debt
€6.72M▲ 34.6%
The debt ratio rises from 92.2% to 99.4%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-75k▼
2019 · €-20k
Cash flow
€-297k▼
2019 · €106k
Solvency
0.6%▼
2019 · 7.8%
Current ratio
0.84▼
2019 · 0.87
Quick ratio
0.71▼
2019 · 0.75
Debt / equity
12.18▲
2019 · 1.19
ROE
-975.0%▼
2019 · 8.5%
ROA
-5.7%▼
2019 · 0.7%
Interest coverage
-0.52
Debt
€6.72M▲
2019 · €5.00M
Debt ≤ 1 year
€6.24M▲
2019 · €4.48M
Debt > 1 year
€478k▼
2019 · €506k
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 · 2020 against 2019
Balance sheet
Code20192020
Assets
Total assets20/58€5.42M€6.76M▲
Fixed assets21/28€1.51M€1.49M▼
Intangible fixed assets21€247k€222k▼
Tangible fixed assets22/27€441k€434k▼
Financial fixed assets28€827k€835k▲
Current assets29/58€3.91M€5.27M▲
Stocks and contracts in progress3€542k€816k▲
Amounts receivable within one year40/41€2.96M€4.43M▲
Cash at bank and in hand54/58€148k€18k▼
Equity and liabilities
Total equity and liabilities10/49€5.42M€6.76M▲
Equity10/15€424k€39k▼
Contributions10/11€25k-
Reserves13€27k€27k=
Profit (loss) carried forward14€370k€-13k▼
Amounts payable17/49€5.00M€6.72M▲
Amounts payable after more than one year17€506k€478k▼
Amounts payable within one year42/48€4.48M€6.24M▲
Trade debts44€2.24M€2.90M▲
Income statement
Code20192020
Turnover70-€30.35M
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€70k€86k▲
Gross operating margin9900€1.29M-
Operating profit (loss)9901€-90k€-161k▼
Recurring financial income75€204k€2k▼
Recurring financial charges65€81k€205k▲
Debt charges650-€144k
Profit (loss) for the period before taxes9903€36k€-383k▼
Income taxes67/77€515-
Profit (loss) for the period9904€36k€-383k▼
Profit (loss) for the period to be appropriated9905€36k€-383k▼
Timeline · acts, filings and financial milestones
2021
26-11
Bankruptcy
Opening
Tribunal de l’entreprise de Liège, division Liège · FRANTHYMON SRL RUE CHAF- FETTE 2, 4032 CHENEE · event 22-11-2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · unclassified schema · 31 days late
2020
31-12
Financial
Weakest financial yearnet €-383k ▼1166%
Net result drops to €-383k, the lowest in the series.
26-09
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 57 days late
2019
31-12
Financial
Highest result since 2018net €36k ▲80.2%
Net result €36k, the highest in the series.
13-05
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
29-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 29 days late
2017
17-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 17 days late
2016
11-06
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
2015
21-07
NBB filing
Annual accounts filed
fiscal year 2014 · full schema
2014
12-07
NBB filing
Annual accounts filed
fiscal year 2013 · full schema
2013
23-07
NBB filing
Annual accounts filed
fiscal year 2012 · full schema
2012
12-07
NBB filing
Annual accounts filed
fiscal year 2011 · full schema
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, Liège · 3 establishment units since 1981
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 Chaffette 24032 LiègeGround area
2.0 ha
Building footprint
7,960 m²
Volume, LiDAR
64,820 m³
2 parcels, Wallonia · tallest building 18.0 m, ±3 floors. Linked by address, not a title deed.
3 establishment units
Rue Chaffette 2, 4032 Liège
since 19812.018.701.840
Franthymon
since 20192.279.142.088
Avenue de Jupille 4, 4020 Liège
since 20192.295.528.655
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62809B0177/00P005 | Wallonia | 1.1 ha | 1 · 7,927 m² | 18.0 m · 2 fl. |
| 62023A0314/00R002 | Wallonia | 9,073 m² | 1 · 33 m² | 9.1 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
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
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | PIERRE HENRY BOULEVARD DE LA SAUVENIERE 117,
4000 LIEGE 1 |
22-11-2021 → present |
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Of 756 companies in sector 46321 we hold annual accounts for 551. 237 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded28-01-1981
Fiscal year end31-12
Activities, NACEBEL
46321Wholesale of meat and meat products, excluding game and poultry
51321
47221Retail sale of meat and meat products, excluding game and poultry
52220
Sources
Crossroads Bank for EnterprisesNational Bank · 40 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.