FSB SERVICES
Open bankruptcyA bankruptcy procedure is open for FSB SERVICES according to publications in the Belgian State Gazette; curator: POL MASSART.
Summary
The 2022 annual accounts show negative equity (-€26,137) and a net result of -€66,319.
Are you a creditor?
Open bankruptcy
Source: Belgian Official Gazette
If this company owes you money, you are not paid automatically: you file your claim yourself, within the deadline the judgment sets.
The procedure
- Court
- French-language Enterprise Court of Brussels
- Declared bankrupt
- 12 June 2023
- Supervising judge
- Le Grelle Bruno
- Official Gazette
- 19-06-2023 (pdf) ↗search the document for 2023/124169
Curator
- Pol MassartChaussee De La Hulpe, 110/5, 1000 Fr Bruxelles-Villemassart@110lahulpe.be
What to do now
- Do not deliver on credit any more without an agreement with the curator.
- Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
- File your proof of claim in RegSol (regsol.be), yourself with eID or itsme, or through your lawyer. State principal, interest and costs separately, and any preferential right you hold.
- Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
- Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
- Follow the file in RegSol: the verification report (admitted or disputed) and the curator's reports appear there.
Deadlines: the judgment sets the last day to file your claim, by law at most thirty days after the judgment, and the day of the first verification report. Both dates are in the publication in the Official Gazette and in RegSol; Checked does not read them yet. A late claim is sometimes still possible, but not without consequences.
File a claim in RegSol ↗
Watch
Follow this bankruptcy: you are alerted when it is closed or reversed.
General information, not legal advice. If in doubt, the curator, your lawyer or your accountant can help. Full guide for creditors
Signals
Three 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 31-12-2022 was due by 31-07-2023 and was filed on 18-04-2023, 104 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
104 d early
2021
11 d early
2020
89 d late
2019
95 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
History
Go further with this company
Who ran this company, and where was it based, on a date before the end?Company as of a date Is the registered address a letterbox or domiciliation address?Address check Are there other customers at risk in your own list?Debtor check How is the Retail sale of prescription glasses, lenses and sunglasses sector doing?Sector figures
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2022, micro schema
Equity
-€26,137
2021 · €35,782
Total assets
€60,387▼ 66.5%
2021 · €180,249
Net result
-€66,319▼ 74.9%
2021 · -€37,921
Working capital
-€26,945
2021 · €13,292
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20182019202020212022
Operating result€6,774-€15,418▲ 128%€92,959▲ 503%-€35,022-€62,036▼ 77.1%
Net result€5,668--€3,014€62,250-€37,921-€66,319▼ 74.9%
Equity€19,467-€16,453▼ 15.5%€73,703▲ 348%€35,782▼ 51.5%-€26,137
Total assets€101,698-€249,849▲ 146%€141,681▼ 43.3%€180,249▲ 27.2%€60,387▼ 66.5%
Debt€82,232-€233,397▲ 184%€67,978▼ 70.9%€144,467▲ 113%€86,524▼ 40.1%
Working capital€9,347-€14,853▲ 58.9%€45,579▲ 207%€13,292▼ 70.8%-€26,945
Staff (FTE)1.7
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €62,036 in 2022 against €35,022 in 2021; the loss grows and 2022 has the lowest result in the available series.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €60,387
Fixed assets
€1,155 ▼ 95.6%
Current assets
€59,232 ▼ 61.6%
Key figures and ratios
Solvency
-43.3%▼
2021 · 19.9%
Current ratio
0.69▼
2021 · 1.09
Quick ratio
0.55▼
2021 · 0.89
Debt to equity
-3.31▼
2021 · 4.04
ROA
-109.8%▼
2021 · -21.0%
Debt ≤ 1 year
€86,176▼
2021 · €140,991
Income taxes
€1,163▲
2021 · €203
Staff costs
€79,910▲
2021 · €40,299
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €0 | €6,000 | - |
| Remuneration, social security and pensions62 | - | - | - | €40,299 | €79,910 | ▲ 98.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €13,313 | €13,765 | €14,365 | €9,251 | - | - |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | €17,226 | - | - |
| Other operating charges640/8 | - | - | - | €1,557 | €2,085 | ▲ 33.9% |
| Non-recurring operating charges66A | - | - | - | €20,545 | €10,130 | ▼ 50.7% |
| Gross operating margin9900 | €61,608 | €117,367 | €152,857 | €53,856 | €30,089 | ▼ 44.1% |
| Operating profit (loss)9901 | €6,774 | €15,418 | €92,959 | -€35,022 | -€62,036 | ▼ 77.1% |
| Financial income75/76B | - | - | - | €1,374 | €17 | ▼ 98.8% |
| Recurring financial income75 | - | €1,601 | €3,428 | €1,374 | €17 | ▼ 98.8% |
| Financial charges65/66B | - | - | - | €4,070 | €3,137 | ▼ 22.9% |
| Recurring financial charges65 | €1,105 | €1,114 | €4,872 | €4,070 | €3,137 | ▼ 22.9% |
| Profit (loss) for the period before taxes9903 | €5,668 | €5,543 | €91,516 | -€37,718 | -€65,157 | ▼ 72.7% |
| Income taxes67/77 | - | €8,557 | €29,265 | €203 | €1,163 | ▲ 474% |
| Profit (loss) for the period9904 | €5,668 | -€3,014 | €62,250 | -€37,921 | -€66,319 | ▼ 74.9% |
| Profit (loss) for the period to be appropriated9905 | €5,668 | -€3,014 | €62,250 | -€37,921 | -€66,319 | ▼ 74.9% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €101,698 | €249,849 | €141,681 | €180,249 | €60,387 | ▼ 66.5% |
| Fixed assets21/28 | €46,083 | €33,673 | €28,187 | €25,967 | €1,155 | ▼ 95.6% |
| Tangible fixed assets22/27 | €46,083 | €33,673 | €27,032 | €24,812 | - | - |
| Plant, machinery and equipment23 | - | - | - | €5,174 | - | - |
| Furniture and vehicles24 | - | - | - | €3,850 | - | - |
| Other tangible fixed assets26 | - | - | - | €5,661 | - | - |
| Assets under construction and advance payments27 | - | - | - | €10,126 | - | - |
| Financial fixed assets28 | - | - | €1,155 | €1,155 | €1,155 | = |
| Current assets29/58 | €55,616 | €216,177 | €113,494 | €154,283 | €59,232 | ▼ 61.6% |
| Amounts receivable after more than one year29 | - | - | - | €21,650 | - | - |
| Other amounts receivable291 | - | - | - | €21,650 | - | - |
| Stocks and contracts in progress3 | - | €13,618 | €25,039 | €28,335 | €12,248 | ▼ 56.8% |
| Stocks30/36 | - | - | - | €28,335 | €12,248 | ▼ 56.8% |
| Amounts receivable within one year40/41 | €50,568 | €200,557 | €65,237 | €71,095 | €41,657 | ▼ 41.4% |
| Trade receivables40 | - | - | - | €39,540 | €34,324 | ▼ 13.2% |
| Other amounts receivable41 | - | - | - | €31,556 | €7,333 | ▼ 76.8% |
| Cash at bank and in hand54/58 | €5,048 | €683 | €20,691 | €29,383 | €2,998 | ▼ 89.8% |
| Deferred charges and accrued income490/1 | - | - | - | €3,819 | €2,329 | ▼ 39.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €101,698 | €249,849 | €141,681 | €180,249 | €60,387 | ▼ 66.5% |
| Equity10/15 | €19,467 | €16,453 | €73,703 | €35,782 | -€26,137 | ▼ 173% |
| Contributions10/11 | €14,200 | €14,200 | - | €14,200 | €18,600 | ▲ 31.0% |
| Reserves13 | €283 | €283 | €57,534 | €57,534 | €57,534 | = |
| Non-distributable reserves130/1 | - | - | - | €283 | €283 | = |
| Reserves not available under the articles1311 | - | - | - | €283 | €283 | = |
| Distributable reserves133 | - | - | - | €57,250 | €57,250 | = |
| Profit (loss) carried forward14 | €4,983 | €1,969 | €1,969 | -€35,951 | -€102,271 | ▼ 184% |
| Amounts payable17/49 | €82,232 | €233,397 | €67,978 | €144,467 | €86,524 | ▼ 40.1% |
| Amounts payable after more than one year17 | €35,963 | €32,073 | €0 | €3,089 | - | - |
| Financial debts170/4 | - | - | - | €3,089 | - | - |
| Amounts payable within one year42/48 | €46,269 | €201,323 | €67,915 | €140,991 | €86,176 | ▼ 38.9% |
| Current portion of amounts payable after more than one year42 | - | - | - | €7,089 | €3,089 | ▼ 56.4% |
| Financial debts43 | - | - | - | €10,000 | €6,663 | ▼ 33.4% |
| Credit institutions430/8 | - | - | - | - | €6,663 | - |
| Other loans439 | - | - | - | €10,000 | - | - |
| Trade debts44 | €3,804 | €163,122 | €12,719 | €100,915 | €65,589 | ▼ 35.0% |
| Suppliers440/4 | - | - | - | €100,915 | €65,589 | ▼ 35.0% |
| Taxes, remuneration and social security45 | - | - | - | €17,987 | €10,835 | ▼ 39.8% |
| Taxes450/3 | - | - | - | €10,182 | €1,817 | ▼ 82.2% |
| Remuneration and social security454/9 | - | - | - | €7,805 | €9,018 | ▲ 15.5% |
| Other amounts payable47/48 | - | - | - | €5,000 | - | - |
| Accrued charges and deferred income492/3 | - | - | - | €387 | €348 | ▼ 10.1% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €5,668 | -€3,014 | €62,250 | -€37,921 | -€66,319 | ▼ 74.9% |
| + Depreciation and write-downs630 | €13,313 | €13,765 | €14,365 | €9,251 | - | - |
| Operating cash flow (approximation) | €18,981 | €10,751 | €76,615 | -€28,670 | -€66,319 | ▼ 131% |
| Investment in fixed assets (approximation) | - | -€1,355 | -€8,879 | -€7,031 | €24,812 | ▲ 453% |
| Change in cash | - | -€4,365 | €20,008 | €8,692 | -€26,386 | ▼ 404% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2023
19-06
Bankruptcy
Opening
Tribunal de l’entreprise francophone de Bruxelles · event 12-06-2023
18-04
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet -€66,319
Net result drops to -€66,319, the lowest in the series.
20-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
28-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 89 days late
2020
31-12
Financial
Back to profitnet €62,250
Net result €62,250 after one loss-making year.
03-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 95 days late
2019
11-12
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 133 days late
13-03
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 225 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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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
Registered office, Sint-Gillis (bij-Brussel) · 1 establishment unit since 2017
Ground area
180 m²
Building footprint
197 m²
Volume, LiDAR
5,114 m³
Parcel 21562A0399/00F006, Brussels · tallest building 29.8 m, ±9 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
FSB SERVICES
since 20172.260.575.496
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21562A0399/00F006 | Brussels | 180 m² | 1 · 197 m² | 29.8 m · 9 fl. |
Linked by address, not proof of ownership
Good to know
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 | POL MASSART CHAUSSEE DE LA HULPE, 110/5,
1000 FR BRUXELLES-VILLE |
12-06-2023 → present |
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Of 1,732 companies in sector 47742 we hold annual accounts for 1,137. 843 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded27-12-2016
Fiscal year end31-12
Activities, NACEBEL 2025
47742Retail sale of prescription glasses, lenses and sunglasses
46432Wholesale trade
46500Wholesale of information and communication equipment
82300Organisation of conventions and trade shows
Scores and ratios are computed by Checked and are not a credit decision.