FS-TECHNICS
InactiveFS-TECHNICS was declared bankrupt on 05-10-2021 (Ondernemingsrechtbank Brussel); the bankruptcy was closed for insufficient assets by judgment of 22-11-2022, published in the Belgian State Gazette on 30-11-2022.
Summary
Inactive; last annual accounts for fiscal year 2020.
Signals
Three signals. The signal on the left, the evidence on the right.
○neutral
neutral · No filing for years
The last filed financial year closed on 31-12-2020. Since then, 5 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 9 filingsPosition against the passed deadline
31-12-2021 close31-07-2022 deadline24-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2020 was due by 31-07-2021 and was filed on 29-07-2021, 2 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
2 d early
2019
90 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2020, micro schema
Equity
€733k▲ 9.6%
2019 · €668k
2018: €668k
2019: €668k
2018 → 2020
Total assets
€1.34M▲ 7.1%
2019 · €1.25M
2018: €1.26M
2019: €1.25M
2018 → 2020
Net result
€64k▲ 20,677%
2019 · €310
2018: €74k
2019: €310
2018 → 2020
Working capital
€-315k▲ 5.4%
2019 · €-333k
2018: €-340k
2019: €-333k
2018 → 2020
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line201820192020Trend
Equity€668k-€668k=€733k▲ 9.6%
Operating result€37k-€15k▼ 59.0%€89k▲ 488%
Net result€74k-€310▼ 99.6%€64k▲ 20,677%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2020; 2020 is 488% above 2019 and is the highest result in the available series.
Balance-sheet composition
2020 in colour, 2019 as the grey bar beneath
Assets €1.34M
Fixed assets
€1.25M =
Current assets
€91k ▲ 5,943%
Equity and liabilities €1.34M
Equity
€733k ▲ 9.6%
Debt
€606k ▲ 4.3%
Debt's share of the balance-sheet total falls from 46.5% to 45.3%. Equity and debt are higher.
Key figures and ratios
Current ratio
0.22▲
2019 · 0.00
Debt to equity
0.27▼
2019 · 0.30
ROE
8.8%▲
2019 · 0.0%
ROA
4.8%▲
2019 · 0.0%
Debt ≤ 1 year
€405k▲
2019 · €334k
Debt > 1 year
€200k=
2019 · €200k
Income taxes
€23k▲
2019 · €86
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 · 2020 against 2019 · 23 lines
Balance sheet
Code20192020
Assets
Total assets20/58€1.25M€1.34M▲
Fixed assets21/28€1.25M€1.25M=
Financial fixed assets28€1.25M€1.25M=
Current assets29/58€1k€91k▲
Amounts receivable within one year40/41€312€90k▲
Cash at bank and in hand54/58€1k€263▼
Equity and liabilities
Total equity and liabilities10/49€1.25M€1.34M▲
Equity10/15€668k€733k▲
Contributions10/11€85k-
Reserves13€309k€309k=
Profit (loss) carried forward14€275k€339k▲
Amounts payable17/49€582k€606k▲
Amounts payable after more than one year17€200k€200k=
Amounts payable within one year42/48€334k€405k▲
Trade debts44€384€1k▲
Income statement
Code20192020
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€461-
Gross operating margin9900€16k€89k▲
Operating profit (loss)9901€15k€89k▲
Recurring financial charges65€15k€1k▼
Profit (loss) for the period before taxes9903€396€88k▲
Income taxes67/77€86€23k▲
Profit (loss) for the period9904€310€64k▲
Profit (loss) for the period to be appropriated9905€310€64k▲
Timeline · acts, filings and financial milestones
2022
30-11
Bankruptcy
Bankruptcy closure (insufficient assets)
Ondernemingsrechtbank Brussel · FS-TECHNICS BV STATIONSSTRAAT 13, 1930 ZAVENTEM · event 22-11-2022
2021
11-10
Bankruptcy
Opening
Ondernemingsrechtbank Brussel · FS-TECHNICS BV STATIONS- STRAAT 13, 1930 ZAVENTEM · event 05-10-2021
29-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
29-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 90 days late
2019
31-12
Financial
Weakest financial yearnet €310 ▼99.6%
Net result drops to €310, the lowest in the series.
26-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
30-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
26-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
05-09
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 36 days late
2015
29-06
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema
2014
24-07
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema
2013
12-07
NBB filing
Annual accounts filed
fiscal year 2012 · abbreviated schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | WINNY TIRMARCHE A. DE COCKPLEIN 9,
1831 DIEGEM |
05-10-2021 → 22-11-2022 |