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FUN 2 WORK

Liquidation closed KBO/BCE: BE 0878.640.846
FUN 2 WORK
Follow Report

Overview

Lifetime

17 annual accounts with figures on one time axis
peak €160,067 (2009)
€20,406▼ 85.3%
lowest -€184,705 (2017)
€19,623▼ 85.6%
peak €73,119 (2013)
€22,237▲ 751%
€24,132▼ 80.6%
Board4 names since 2018
1 directorGM TOP INVEST BV
Owners
  
Documentsfilings and deeds
10-01-2024111 days before the deadline
2023abbreviated format
Gross margin from €138,791 to €20,406Result from €136,396 to €19,623Registered office moved within Hasselt 20-04Registered office moved within Hasselt 24-03Equity from €2,613 to €22,237Debts from €124,643 to €24,132

Key points

from the 2023 annual accounts, the last ones filed

Equity

€22,237 from €73,119 in 2013

Equity fell by 70% in 10 years.

Result

€19,623 ▼ 85.6%
€136,0002022€19,6002023

The result fell in 2023 from €136,396 to €19,623.

Liquidity

1.89 was 1.02 in 2022

Short-term debts fell from €124,643 to €24,132.

No score

Board and ownership

GT
GM TOP INVEST BV
Director, since 19-01-2018
Board & ownership

Recent changes

Closure of the liquidation Liquidation closed · Liquidator: JUSTHIB BV · Books and records kept by Fineko NV in Genk · General meeting of 30-01-2025 · Gazette deed
Resignations & appointments · End & cessation General meeting of 28-06-2024 · Gazette deed
Registered office moved within Hasselt New registered office: Hendrik van Veldekesingel 150/180 te 3500 Hasselt · Previous registered office: Guffenslaan 108 bus 0.01 te 3500 Hasselt · Resignation: Govaerts Sabrina (director) · General meeting of 23-03-2023 · Gazette deed
Registered office moved within Hasselt New registered office: Guffenslaan 108 bus 0.01 te 3500 Hasselt · Previous registered office: Berenbroekstraat 55 te 3500 Hasselt · General meeting of 20-02-2023 · Gazette deed
All 33 events

Official details

Source: KBO
Status
Liquidation closeddeed of 28-02-2025
Activity
No activity registered in the KBO
Financial year end
30 September
Peppol
Not found in the Peppol Directory
Company details

Annual accounts to 30-09-2023

€20,406▼ 85.3%
≈ €140,000estimated
€19,623▼ 85.6%
€22,237▲ 751%
€46,369▼ 63.6%
Filing
Filed on 10-01-2024
Financials

Insights on FUN 2 WORK

Inactive. The last annual accounts are for financial year 2023. The liquidation was closed. The liquidator was JUSTHIB BV. The books and records are kept by Fineko NV in Genk.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette.

Financials

Annual accounts 2023

abbreviated format, filed on 10-01-2024, 111 days before the deadline
€20,406
▼ 85.3%
€19,997
▼ 85.4%
€19,623
▼ 85.6%
€21,487
▲ 722%
48.0%
▲ 45.9 percentage points
1.89
▲ 0.87

Turnover and EBIT margin are not published. The abbreviated format does not require them. The turnover shown is an estimate from the gross margin.

Turnover ≈ €140,000. Estimated: probably between €58,000 and €350,000.

Balance sheet

balance sheet total €46,369 on 30-09-2023
What the company ownsHow it is paid for

in euro

in euro

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend20232022202120202019201820172016201520142013201220112010200920082007
Balance sheet: assets
20/58 46,369127,256130,711194,594246,0169,79411,83621,42242,27775,855948,971791,374886,109920,059947,9931.1m1.0m
20 ----01,7882,0342,2812,5282,7743,0213,2683,5143,7984,1984,5984,998
21/28 75001,7773,5555,3327,1098,98616,03720,95226,461864,120777,343823,843897,036937,703931,355986,378
22/27 -01,7773,5555,3327,1098,88613,65618,42523,686861,099774,075820,329893,238933,505926,757841,567
22 ----------832,151767,758796,091826,799857,700834,590812,387
23 -------2,9925,9849,46812,9532,3773,7252,6491,2971,743794
24 -01,7773,5555,3327,1098,88610,66412,44114,21815,9963,94020,51432,04936,85146,85328,386
26 -------------31,74237,65643,571-
28 750-----100100--------139,813
29/58 45,619127,256128,934191,039240,6848978155,38521,32449,39484,85114,03162,26623,02210,289164,04352,443
3 19,01035,084128,625184,642240,420----------22,821-
30/36 19,01035,084128,625184,642240,420----------22,821-
40/41 26,57092,075--02108105,38321,32449,39479,2219,50147,30217,8046,208128,39741,216
40 ----------77,6009,50146,95812,9571,361108,76126,000
41 26,57092,075--02108105,38321,32449,3941,621-3444,8474,84719,63615,216
54/58 39973096,39726468752--1,3701,626--2,97412,82511,227
490/1 ----------4,2602,90414,9635,2181,107--
Balance sheet: equity and liabilities
10/49 46,369127,256130,711194,594246,0169,79411,83621,42242,27775,855948,971791,374886,109920,059947,9931.1m1.0m
10/15 22,2372,613-133,783-166,901-193,125-183,538-180,5274,17811,744-67,72173,11969,91870,91261,00866,99051,64010,310
10/11 6,2006,2006,2006,2006,2006,2006,2006,2006,2006,2006,2006,2006,2006,2006,2006,2006,200
100 ----18,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,60018,600
101 ----12,40012,40012,40012,40012,40012,40012,40012,40012,40012,40012,40012,40012,400
13 16,037-066,91966,91966,91966,91966,91966,91966,91966,91963,71864,71254,80860,79045,4404,110
130/1 --01,860-------------
130 ----1,8601,8601,8601,8601,8601,8601,8601,8601,8601,8601,8601,8601,860
1311 --01,860-------------
133 16,037-065,05965,05965,05965,05965,05965,05965,05965,05961,85862,85252,94858,93043,5802,250
14 0-3,587-139,983-240,020-266,244-256,657-253,646-68,941-61,375-140,840-------
17/49 24,132124,643264,494361,495439,141193,331192,36317,24430,533143,575875,852721,456815,197859,051881,0031.0m1.0m
17 ----------508,777554,088600,135649,479698,622744,945642,619
170/4 ----------508,777554,088600,135649,479698,622744,945642,619
42/48 24,132124,643264,494361,495439,141193,331192,36317,24430,533143,575367,075167,368215,062201,883182,381298,813385,892
42 ----------45,31143,20749,46249,14346,32443,66823,569
43 ---0185,000-------3,90516,011---
430/8 ---0185,000-------3,90516,011---
44 7329,6438,3746,3644,4424,4425,7854,9087,707113,308147,91535,49347,88144,69316,60786,88983,689
440/4 7329,6438,3746,3644,4424,4425,7854,9087,707113,308147,91535,49347,88144,69316,60786,88983,689
46 -----------24,00024,200--500-
45 --------2,17726,84077,64957,61243,60338,21024,4087,31915,241
450/3 --------2,17726,84077,64957,61243,60338,21024,4087,31915,241
47/48 23,400115,000256,120355,131249,699188,889186,57812,33620,6493,42796,2007,05646,01153,82695,043160,437263,393
492/3 -------------7,690---
Income statement
76A --------144,00017,897-24-----
9900 20,406138,79135,44428,550-5,413-348-162,304-1,637-57,2977,086111,498121,186135,376122,064160,067115,43261,488
630 01,7771,7771,7771,7772,0245,0165,0165,5085,50841,45639,27049,29754,33551,41742,59113,338
640/8 410410410410410410472410930113,62212,01624,5489,2088,27211,2792,4858,110
66A ---01,788-----2,509---15,764--
9901 19,997136,60433,25726,363-9,387-2,782-167,791-7,062-63,735-112,04558,02557,36876,87159,45797,37270,35640,040
75/76B --------2992393-9083715826,545115
75 --------2992393-9083715826,545115
65/66B 37320813913920022916,91450450146,78338,44645,73451,26652,48855,57754,67833,424
65 37320813913920022916,91450450146,78338,44645,73451,26652,48855,57754,67833,424
66B ----0------------
9903 19,623136,39633,11826,224-9,588-3,011-184,705-7,56679,793-140,84017,46411,65826,5137,00626,18942,2236,731
67/77 --------328014,26212,65216,60912,98810,8398932,621
9904 19,623136,39633,11826,224-9,588-3,011-184,705-7,56679,465-140,8403,201-9949,904-5,98215,35041,3304,110
9905 19,623136,39633,11826,224-9,588-3,011-184,705-7,56679,465-140,8403,201-9949,904-5,98215,35041,3304,110
Appropriation of the result
9906 16,037-3,587-206,902-240,020-266,244-256,657-253,646-68,941-61,375-140,8403,201-9949,904-5,98215,35041,3304,110
14P -3,587-139,983---------------
791/2 -066,919--------994-5,982---
691/2 16,037---------3,201-9,904-15,35041,3304,110
6920 ----------------1,860
6921 16,037---------3,201-9,904-15,35041,3302,250
Document PDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDF

The notes to these accounts have 10 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).

Source: Annual accounts 2023 (PDF), filed on 10-01-2024.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank
Financial year Type Filed Reference Document
30-09-2023 abbreviated format 10-01-2024 2024-00000582 PDF
30-09-2022 abbreviated format 12-01-2023 2023-20557528 PDF
30-09-2021 abbreviated format 28-01-2022 2022-03100417 PDF
30-09-2020 abbreviated format 24-03-2021 2021-08300449 PDF
30-09-2019 abbreviated format 10-04-2020 2020-09100315 PDF
30-09-2018 abbreviated format 22-03-2019 2019-07800334 PDF
30-09-2017 abbreviated format 26-04-2018 2018-11100579 PDF
30-09-2016 abbreviated format 31-03-2017 2017-08600074 PDF
30-09-2015 abbreviated format 22-03-2016 2016-06800202 PDF
30-09-2014 abbreviated format 31-03-2015 2015-07800438 PDF
30-09-2013 abbreviated format 13-05-2014 2014-12100121 PDF
30-09-2012 abbreviated format 01-05-2013 2013-11200114 PDF
30-09-2011 abbreviated format 27-04-2012 2012-10000569 PDF
30-09-2010 abbreviated format 28-04-2011 2011-09400433 PDF
30-09-2009 abbreviated format 29-04-2010 2010-11000359 PDF
30-09-2008 abbreviated format 30-04-2009 2009-12900382 PDF
30-09-2007 abbreviated format 13-05-2008 2008-13900147 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend20232022202120202019201820172016201520142013201220112010200920082007
19,997138,38135,03428,140-7,610-758-162,775-2,047-58,227-106,53799,48196,638126,168113,792148,789112,94753,378
19,623138,17334,89628,001-7,810-987-179,689-2,55084,973-135,33144,65838,27659,20248,35366,76783,92117,448
7500000147-2,0341000-832,151133,0729,3947,84613,66857,765162,014994,015
-58-212-6,0886,133-4236823----256----9,8511,598-
21,4872,613-135,560-170,456-198,457-192,435-191,548-11,859-9,208-94,182-282,224-153,337-152,796-178,861-172,092-134,770-333,449
48.0%2.1%-102.3%-85.8%-78.5%--19.5%27.8%-89.3%7.7%8.8%8.0%6.6%7.1%4.7%1.0%
1.891.020.490.530.550.000.000.310.700.340.230.080.290.110.060.550.14
1.100.740.000.020.000.000.000.310.700.340.230.080.290.110.060.470.14
1.0947.69-----4.132.60-11.9810.3211.5014.0813.1520.2199.76
88.2%-------181.1%676.6%-4.4%-1.4%14.0%-9.8%22.9%80.0%39.9%
42.3%107.2%25.3%13.5%-3.9%-30.7%--35.3%188.0%-185.7%0.3%-0.1%1.1%-0.7%1.6%3.8%0.4%
53.60over 100---------------

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Investments

fixed assets acquired
Item30-09-202330-09-2022
Financial fixed assets€750-
€0€1,777

Source: notes to the 2022 to 2023 annual accounts (statement of fixed assets)

Insights on FUN 2 WORK

The operating result for 2023 is 85% lower than in 2022 and the lowest since 2019.

Debt's share of the balance-sheet total falls from 97.9% to 52.0%. Equity is higher and debt is lower.

Board & ownership

Last board

1 director, last change in 2023
GM TOP INVEST BV
Director
since 19-01-2018
listed in the 2023 annual accounts, filed on 10-01-2024
Signing authorityThe articles say who may bind the company, for example by signing a contract.
“Haar mandaat zal onbezoldigd worden uitgeoefend. Overeenkomstig de statuten wordt de vennootschap in en buiten rechte rechtsgeldig…”
deed of 01-04-2021

Office holders in the KBO →

Mandates through the years

4 names, the dashed line is today
GM TOP INVEST BV
Director
GOVAERTS Sabrina
Additional director
Daan MULLENS
Manager
GMO Projects
Manager
BoardEarliermandate already running before its first mentionend not dated
Mandates as a list
  • GM TOP INVEST BV
    • Director, from 19-01-2018 to date
  • GOVAERTS Sabrina
    • Additional director, appointed by deed of 01-04-2021, until 20-04-2023
  • Daan MULLENS
    • Manager, until 13-02-2018
  • GMO Projects
    • Manager, appointed by deed of 13-02-2018, no longer listed in the 2023 annual accounts

See the board, name and registered office on a given date →

Control

Shareholder in 2017
GROEP TOP INVEST
99%
This company
FUN 2 WORK
Equity €22,237
Profit €19,623 in 2023

Capital

Contribution
€6,200
Source
2023 annual accounts

Owners through the years

as the annual accounts name them
GROEP TOP INVEST
99%
99%
Owners as a list

Source: lists of holdings in the owners' accounts

Network & group

Holdings

own accounts to 30-09-2017
This companyFUN 2 WORK1 holding, 1 country accounts to 30-09-2017

Belgium 1 Equity Result

Source: list of holdings in its own 30-09-2017 accounts. Every holding stands with its own latest accounts.

Earlier ties

GM PROPERTIES
via GOVAERTS Sabrina, at FUN 2 WORK until 2023 · Director (not named in the articles) · deed of 16-06-2022
founded in 2019 · negative equity (2025) · group Group GM
 total assets €2.8m (2025)
GM WONINGEN
via GMO Projects, at FUN 2 WORK, last mentioned in 2018 · Manager (not named in the articles) · deed of 02-10-2018
founded in 2018 · negative equity (2025) · group Group GM
 total assets €807,860 (2025)
GM INVESTMENTS
via GOVAERTS Sabrina, at FUN 2 WORK until 2023 · Director · deed of 01-04-2021
founded in 2019 · negative equity (2025) · group Group GM
 total assets €688,586 (2025)
GM REAL ESTATES
via GOVAERTS Sabrina, at FUN 2 WORK until 2023 · Director · deed of 01-04-2021
founded in 2019 · group Group GM
 total assets €9.4m (2025)
Group GM
via GOVAERTS Sabrina, at FUN 2 WORK until 2023 · Permanent representative · deed of 03-04-2025
founded in 2019
 3.5 FTE (2025)
IMMO TOP INVEST
via GMO Projects (at FUN 2 WORK, last mentioned in 2018) and GOVAERTS Sabrina (at FUN 2 WORK until 2023) · Director · deeds of 10-01-2024 and 01-04-2021
founded in 2008
 8.5 FTE (2025)
Show 3 more earlier ties
GM Investment Group
via GOVAERTS Sabrina, at FUN 2 WORK until 2023 · Additional director · deed of 19-03-2026
founded in 2020 · group Group GM
 total assets €1.2m (2025)
M&N INVEST
via GOVAERTS Sabrina, at FUN 2 WORK until 2023 · Director · deed of 01-04-2021
No longer active
 total assets €116,091 (2023)
GROEP TOP INVEST
via GMO Projects (at FUN 2 WORK, last mentioned in 2018) and GOVAERTS Sabrina (at FUN 2 WORK until 2023) · deeds of 01-04-2021 and 16-03-2018
No longer active
 total assets €11 (2023)

Holdings through the years

2016 to 2017
Holdings through the years
Name20162017
GROEP TOP INVEST 0.54%

Source: list of holdings in its own accounts

Connections & network

Depth
GM Investment Group, Shared director GIGM InvestmentGroupGM INVESTMENTS, Shared director GIGM INVESTMENTSGM PROPERTIES, Shared director GPGM PROPERTIESGM REAL ESTATES, Shared director GRGM REALESTATESGROEP TOP INVEST, 2 shared directors GTGROEP TOPINVESTGroup GM, Shared director GGGroup GMIMMO TOP INVEST, 2 shared directors ITIMMO TOPINVESTM&N INVEST, Shared director MIM&N INVESTGM WONINGEN, Shared corporate director GWGM WONINGENFUN 2 WORK FUN 2 WORK0878.640.846
Shared directors
This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

Timeline

Timeline

33 events since 2006
2025
Closure of the liquidationLiquidation closed · Liquidator: JUSTHIB BV · Books and records kept by Fineko NV in Genk · General meeting of 30-01-20253 points ▸
  • General meeting, 30-01-2025
  • Director discharge, JUSTHIB BV (liquidator)
  • Permanent representative, Patrick SCHRUERS
  • The deed holds 3 more points.

Open the deed in the Belgian Official Gazette

2024
Resignations & appointments · End & cessationGeneral meeting of 28-06-20243 points ▸
  • General meeting, 28-06-2024
  • Net-asset statement, 31-03-2024
  • Auditor report, 27-06-2024
  • The deed holds 1 more point.

Open the deed in the Belgian Official Gazette

Annual accounts 2023 filed PDFabbreviated format · 111 days before the deadline
2023
Registered office moved within HasseltNew registered office: Hendrik van Veldekesingel 150/180 te 3500 Hasselt · Previous registered office: Guffenslaan 108 bus 0.01 te 3500 Hasselt · Resignation: Govaerts Sabrina (director) · General meeting of 23-03-20233 points ▸
  • General meeting, 23-03-2023
  • Registered-office move, Hendrik van Veldekesingel 150/180 te 3500 Hasselt
  • Director resignation, Govaerts Sabrina

Open the deed in the Belgian Official Gazette

Registered office moved within HasseltNew registered office: Guffenslaan 108 bus 0.01 te 3500 Hasselt · Previous registered office: Berenbroekstraat 55 te 3500 Hasselt · General meeting of 20-02-20232 points ▸
  • General meeting, 20-02-2023
  • Registered-office move, Guffenslaan 108 bus 0.01 te 3500 Hasselt

Open the deed in the Belgian Official Gazette

Annual accounts 2022 filed PDFabbreviated format · 108 days before the deadline
2022
Highest result from 2007 to 2023 net €136,396 ▲312% The operating result of €136,604 and the net result of €136,396 are both a record.
Liquidity more than doubled current ratio 1.02 The current ratio rises from 0.49 to 1.02. Short-term debt falls from €264,494 to €124,643.
Annual accounts 2021 filed PDFabbreviated format · 92 days before the deadline
2021
Appointment: GOVAERTS Sabrina (additional director)1 point ▸
  • Director appointment, GOVAERTS Sabrina (additional director)
  • The deed holds 1 more point.

Open the deed in the Belgian Official Gazette

Annual accounts 2020 filed PDFabbreviated format · 37 days before the deadline
2020
Back to profit net €26,224 The net result is €26,224, after 4 loss-making years.
Annual accounts 2019 filed PDFabbreviated format · 20 days before the deadline
2019
Annual accounts 2018 filed PDFabbreviated format · 39 days before the deadline
2018
Annual accounts 2017 filed PDFabbreviated format · 4 days before the deadline
Registered office moved within HasseltNew registered office: Berenbroekstraat 55, 3500 Hasselt · Previous registered office: Guldensporenplein 4.1/1, 3500 Hasselt · Resignation: Daan MULLENS (manager) · General meeting of 19-01-20185 points ▸
  • General meeting, 19-01-2018
  • Registered-office move, Berenbroekstraat 55, 3500 Hasselt
  • Director resignation, Daan MULLENS (manager)
  • Director appointment, GM TOP INVEST bvba (manager)
  • Permanent representative, Daan MULLENS

Open the deed in the Belgian Official Gazette

2017
Weakest financial year net -€184,705 The net result drops to -€184,705, the lowest from 2007 to 2023.
Registered office moved within HasseltNew registered office: Guldensporenplein 4.1/1, 3500 Hasselt · Previous registered office: Berenbroekstraat 55, 3500 Hasselt1 point ▸
  • Registered-office move, Guldensporenplein 4.1/1, 3500 Hasselt
  • The deed holds 1 more point.

Open the deed in the Belgian Official Gazette

Annual accounts 2016 filed PDFabbreviated format · 30 days before the deadline
2016
Annual accounts 2015 filed PDFabbreviated format · 39 days before the deadline
2015
Back to profit net €79,465 The net result is €79,465, after one loss-making year.
Annual accounts 2014 filed PDFabbreviated format · 30 days before the deadline
2014
Annual accounts 2013 filed PDFabbreviated format · 13 days late
2013
Back to profit net €3,201 The net result is €3,201, after one loss-making year.
Annual accounts 2012 filed PDFabbreviated format · 1 day late
2012
Annual accounts 2011 filed PDFabbreviated format · 3 days before the deadline
2011
Back to profit net €9,904 The net result is €9,904, after one loss-making year.
Annual accounts 2010 filed PDFabbreviated format · 2 days before the deadline
2010
Annual accounts 2009 filed PDFabbreviated format · 1 day before the deadline
2009
Annual accounts 2008 filed PDFabbreviated format · on the deadline day
2008
Deed on the purpose and restructuring Capital €6,200, annual accounts 2008
Annual accounts 2007 filed PDFabbreviated format · 13 days late
2006
Incorporation PDF15 publications in the Belgian Official Gazette, the last on 28-02-2025

Financial milestones sit on the financial year-end date, not the filing date.

Sources: Publications in the Belgian Official GazetteFilings with the National Bank

History

The registered office was moved to Hasselt in 2017.1 Total assets fell from €246,016 in 2019 to €46,369 in 2023.2

  1. 1Belgian Official Gazette, 21-06-2017
  2. 2National Bank, annual accounts 2019 and 2023

Company details

Inactive

Liquidation closed

FUN 2 WORK is no longer in the KBO register.

Status
Inactive
Reason
Liquidation closedBelgian Official Gazette, 28 February 2025 · deed
Last annual accounts
financial year to 30 September 2023
Last registered office
Hendrik Van Veldekesingel 150/180, 3500 Hasseltas published on 28 February 2025
Legal form
Private limited company
First annual accounts
financial year 2007
Official KBO record

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