FRESH MARKET
Open bankruptcyA bankruptcy procedure is open for FRESH MARKET according to publications in the Belgian State Gazette; curator: CHRISTOPHE BOURTEMBOURG.
Summary
Inactive; last annual accounts for fiscal year 2022.
Signals
Three 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 31-12-2023, 3 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
31-12-2023 close31-07-2024 deadline24-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 09-04-2023, 113 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
113 d early
2021
41 d early
2020
89 d early
2019
81 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2022, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€7k
2021 · €-17k
2018: €2k
2019: €-588
2020: €756
2021: €-17k
2018 → 2022
Working capital
€54k▼ 0.3%
2021 · €54k
2018: €70k
2019: €70k
2020: €71k
2021: €54k
2018 → 2022
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20182019202020212022Trend
Equity€71k-€70k▼ 0.8%€71k▲ 1.1%€54k▼ 23.8%€61k▲ 12.6%
Operating result€3k-€473▼ 85.9%€832▲ 75.8%€-17k€7k
Net result€2k-€-588€756€-17k€7k
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2022: €7k after a loss of €17k in 2021, the highest result in the available series.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €62k
Fixed assets
€7k
Current assets
€55k
Equity and liabilities €62k
Equity
€61k ▲ 12.6%
Debt
€1k ▲ 337%
Debt's share of the balance-sheet total rises from 0.6% to 2.2%. Equity and debt are higher.
Key figures and ratios
EBITDA
€9k
Cash flow
€9k
Current ratio
41.06
Quick ratio
5.15▼
2021 · 27.96
Debt to equity
0.02▲
2021 · 0.01
ROE
11.2%▲
2021 · -31.2%
ROA
11.0%▲
2021 · -31.1%
Interest coverage
968.12
Debt ≤ 1 year
€1k▲
2021 · €308
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2022 against 2021 · 35 lines
Balance sheet
Code20212022
Assets
Total assets20/58€54k€62k▲
Fixed assets21/28-€7k
Tangible fixed assets22/27-€7k
Plant, machinery and equipment23-€7k
Current assets29/58€54k€55k▲
Stocks and contracts in progress3€46k€48k▲
Stocks30/36€46k€48k▲
Cash at bank and in hand54/58€9k€7k▼
Equity and liabilities
Total equity and liabilities10/49€54k€62k▲
Equity10/15€54k€61k▲
Contributions10/11€19k€19k=
Capital10€19k-
Issued capital100€19k-
Outside capital11-€19k
Share premium1100/10-€19k
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Legal reserve130€2k€2k=
Profit (loss) carried forward14€34k€41k▲
Amounts payable17/49€308€1k▲
Amounts payable within one year42/48€308€1k▲
Taxes, remuneration and social security45€308€1k▲
Taxes450/3€308€1k▲
Income statement
Code20212022
Remuneration, social security and pensions62€3k-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€2k
Other operating charges640/8€9-
Gross operating margin9900€-14k€9k▲
Operating profit (loss)9901€-17k€7k▲
Financial charges65/66B€118€9▼
Recurring financial charges65€118€9▼
Profit (loss) for the period before taxes9903€-17k€7k▲
Profit (loss) for the period9904€-17k€7k▲
Profit (loss) for the period to be appropriated9905€-17k€7k▲
Appropriation of the result
Profit (loss) to be appropriated9906€34k€41k▲
Profit (loss) brought forward from the previous period14P€51k€34k▼
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2023
27-12
Bankruptcy
Opening
Tribunal de l’entreprise francophone de Bruxelles · FRESH MARKET SRL RUE DE L’EGLISE SAINTE-ANNE 128, 1081 KOEKELBERG · event 18-12-2023
09-04
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial
Back to profitnet €7k
Net result €7k after one loss-making year.
20-06
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial
Weakest financial yearnet €-17k ▼2338%
Net result drops to €-17k, the lowest in the series.
31-12
Financial
Liquidity triplescurrent ratio 176.62
Current ratio from 64.40 to 176.62; short-term debt falls from €1k to €308.
03-05
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial
Back to profitnet €756
Net result €756 after one loss-making year.
11-05
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
31-12
Financial
Liquidity times 5current ratio 106.70
Current ratio from 19.45 to 106.70; short-term debt falls from €4k to €665.
03-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
30-05
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
Show earlier events
2017
08-06
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
24-05
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
2015
23-09
NBB filing
Annual accounts filed
fiscal year 2014 · full schema · 54 days late
2014
02-04
NBB filing
Annual accounts filed
fiscal year 2013 · full schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | CHRISTOPHE BOURTEMBOURG AVENUE
LOUISE 283/19, 1050 IXELLES- christophe.bourtembourg@everest-
law.eu |
18-12-2023 → present |