FRASYL
Bankruptcy closedInactive since 24-06-2026; last annual accounts for fiscal year 2021.
Summary
FRASYL was declared bankrupt on 15-02-2023 (Ondernemingsrechtbank Gent, afdeling Veurne); the bankruptcy was closed by liquidation by judgment of 24-06-2026, published in the Belgian State Gazette on 30-06-2026.
Signals
Two signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2021 was due by 31-01-2022 and was filed on 20-12-2021, 42 days ahead of the deadline.
NBB · 1 filingDeviation from the deadline
2021
42 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2021, micro schema
Equity
€-52k
Total assets
€64k
Net result
€-60k
Working capital
€-88k
Turnover and EBIT margin not published: the micro schema does not require them.
Balance-sheet composition
Assets €63k
Fixed assets
€36k
Current assets
€27k
Key figures and ratios
EBITDA
€-54k
Cash flow
€-56k
Solvency
-81.2%
Current ratio
0.24
Quick ratio
0.17
ROA
-93.7%
Debt
€115k
Debt ≤ 1 year
€115k
Filed annual accounts As filed with the NBB · 2021 · 22 lines
Balance sheet
Code2021
Assets
Total assets20/58€64k
Formation expenses20€965
Fixed assets21/28€36k
Tangible fixed assets22/27€36k
Current assets29/58€27k
Stocks and contracts in progress3€7k
Amounts receivable within one year40/41€10k
Cash at bank and in hand54/58€9k
Equity and liabilities
Total equity and liabilities10/49€64k
Equity10/15€-52k
Profit (loss) carried forward14€-60k
Amounts payable17/49€115k
Amounts payable within one year42/48€115k
Trade debts44€67k
Income statement
Code2021
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k
Gross operating margin9900€10k
Operating profit (loss)9901€-58k
Recurring financial income75€1
Recurring financial charges65€1k
Profit (loss) for the period before taxes9903€-60k
Profit (loss) for the period9904€-60k
Profit (loss) for the period to be appropriated9905€-60k
Timeline · acts, filings and financial milestones
2026
30-06
Bankruptcy
Bankruptcy closure (by liquidation)
Ondernemingsrechtbank Gent, afdeling Veurne · FRASYL BV KONIN- GINNELAAN 100, 8670 KOKSIJDE · event 24-06-2026
2023
21-02
Bankruptcy
Opening
Ondernemingsrechtbank Gent, afdeling Veurne · FRASYL BV KONINGINNE- LAAN 100, 8670 KOKSIJDE · event 15-02-2023
2021
20-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
SignalNBB filing
Directors · office · real estate
Directors
1 act for this company is 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.
Ground area
4,119 m²
Building footprint
1,402 m²
Volume, LiDAR
4,668 m³
Parcel 38014D0265/00Z000, Flanders · tallest building 6.8 m, ±2 floors. Linked by address, not a title deed.
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 38014D0265/00Z000 | Flanders | 4,119 m² | 1 · 1,402 m² | 6.8 m · 2 fl. |
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 | JEAN MARIE VERSCHELDEN DANIEL DE HAENE-
LAAN 30, 8630 VEURNE- jean- |
15-02-2023 → 24-06-2026 |
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded05-06-2020
Fiscal year end30-06
Sources
Crossroads Bank for EnterprisesNational Bank · 1 filingAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.