Checked.be
Active
BE 0837.350.025Public limited companyOpen bankruptcy
FUN LOGISTICS
Koning Albert I-laan 244 ·8200 Brugge, Belgium· 15 yrs active
Conclusion
A bankruptcy procedure is open for FUN LOGISTICS according to publications in the Belgian State Gazette. The 2022 annual accounts show equity of €242k and a net result of €26k.
Based on the State Gazette, CBE and 3 annual accounts.
Key figures
| Equity | €242k |
| Net result | €26k |
| Staff (FTE) | 20.2 |
| Active | 15 yrs |
Financial profile
31
/ 100
Fragile profile, watch health in particular.
All 5 axes are computed from data Checked has read.
Health
0
Profitability
53
Solvency
62
Growth
38
Stability
0
Bankruptcy probability (12 mo)
Bankruptcy opened
A bankruptcy procedure is already open, a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.
Risk Assessment
50 / 100
High riskRegister: open bankruptcyThis score counts publications in the Belgian State Gazette only. The KBO register additionally records legal situation 050 for this company; it does not feed the figure above.
Components
· Open bankruptcy (+50)
Trust signals
Register: open bankruptcy
The KBO register records legal situation 050 for this company. This is today's state according to the register itself; the register carries no start date.
Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Administrative Flags
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Health barometer
0
/ 100
Critical
Computed from 4 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.
The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.
See plans →Computed by Checked from the NBB filing for FY 2022 and an insolvency signal from the Belgian State Gazette. Indicative, not credit advice.
Financial overview
Annual accounts filed on 20-07-2023 with the NBB · fiscal year 2022 · verkort
€1.44M
-7.4%
20-22
€26k
-
20-22
€485k
-2.3%
20-22
€242k
+11.9%
20-22
€-228k
-
20-22
20
-12.2%
20-22
€791k
-15.3%
20-22
€-25k
-
20-22
Show 9 other metrics
€243k
-13.4%
20-22
€243k
-13.4%
20-22
0.06
-96.6%
20-22
0.06
-96.6%
20-22
50.0%
+14.6%
20-22
1.00
-22.6%
20-22
10.6%
-
20-22
5.3%
-
20-22
-0.6%
-
20-22
Figures by fiscal year
| Fiscal year | 2022 |
|---|---|
| Deposit | verkort |
| Revenue | - |
| EBITDA | - |
| Net profit | €26k |
| Cash flow | - |
| Staff costs | €791k |
| Income taxes | €-25k |
| Dividends | - |
| Total assets | €485k |
| Equity | €242k |
| Debt | €243k |
| of which ≤ 1y | €243k |
| of which > 1y | - |
| Working capital | €-228k |
| Employees (FTE) | 20.2 |
Ratios (computed)
| 2022 | |
|---|---|
| Current ratio | 0.06 |
| Quick ratio | 0.06 |
| Working capital ratio | -47.0% |
| Solvency | 50.0% |
| Debt / equity | 1.00 |
| Long-term debt ratio | - |
| Interest coverage | - |
| Gross margin | - |
| Net margin | - |
| ROA | 5.3% |
| ROE | 10.6% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Balance-sheet composition 2022
Full annual accounts (22 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2022 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €485k |
| Fixed assets | 21/28 | €470k |
| Financial fixed assets | 28 | €470k |
| Current assets | 29/58 | €15k |
| Amounts receivable within one year | 40/41 | €12k |
| Cash & bank | 54/58 | €2k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €485k |
| Equity | 10/15 | €242k |
| Contributions / capital | 10/11 | €62k |
| Reserves | 13 | €6k |
| Accumulated profits (losses) | 14 | €175k |
| Amounts payable | 17/49 | €243k |
| Amounts payable within one year | 42/48 | €243k |
| Trade debts payable within one year | 44 | €149k |
| Income statement | ||
| Gross operating margin | 9900 | €784k |
| Operating result | 9901 | €-12k |
| Financial income | 75 | €13k |
| Financial charges | 65 | €311 |
| Result before taxes | 9903 | €438 |
| Income taxes | 67/77 | €-25k |
| Net result for the period | 9904 | €26k |
| Result to be appropriated | 9905 | €26k |
This table shows the latest fiscal year. 2 prior years, with figures and ratios, belong to a paid plan.
See plans →
Ratios computed by Checked.
Directors & mandates
Current directors & mandates
-
BV Blue VisionLegal entityDirectorState Gazette act 22147614 (14-12-2022)Current14-12-2022 → present
-
BV PARGECOLegal entityDirectorState Gazette act 22147614 (14-12-2022)Current14-12-2022 → present
2 events
- 14-12-2022 Appointed· Director
- 14-12-2022 Appointed· Managing director
Historic, not recently confirmed (7)
These mandates remain open in the register but have not been confirmed by a new act in over six years. They do not count as active directors.
-
Valinco SrlLegal entityManaging directorState Gazette act 20088873 (03-08-2020)Not recently confirmedlast confirmed in an act from 2020
-
NIELSATOR SPRLLegal entityDirectorState Gazette act 19014470 (29-01-2019)Not recently confirmedlast confirmed in an act from 2019
-
PARGECO SPRLLegal entityDirectorState Gazette act 19014470 (29-01-2019)Not recently confirmedlast confirmed in an act from 2019
2 events
- 29-01-2019 Appointed· Director
- 29-01-2019 Appointed· Gedelegeerde bestuurder
-
VALINCO SPRLLegal entityDirectorState Gazette act 19014470 (29-01-2019)Not recently confirmedlast confirmed in an act from 2019
-
ARLINIDirectorState Gazette act 17133800 (20-09-2017)Not recently confirmedlast confirmed in an act from 2017
-
MITISKADirectorState Gazette act 17133800 (20-09-2017)Not recently confirmedlast confirmed in an act from 2017
-
Antoine MettensVast vertegenwoordiger bestuurderState Gazette act 16082299 (16-06-2016)Not recently confirmedlast confirmed in an act from 2016
Permanent representatives (2)
These people represent a legal-person director (a management company, for instance). They hold no board mandate of their own and do not count as directors.
-
Fank FélixVaste vertegenwoordiger commissarisState Gazette act 21091859 (30-07-2021)Permanent representative30-07-2021 → present
-
Délia GentiliniVaste vertegenwoordigerState Gazette act 24014506 (23-01-2024)Permanent representative- → 23-01-2024
Former directors (7)
-
BV Algreen ConsultingLegal entityDirectorState Gazette act 22147614 (14-12-2022)Former14-12-2022 → 23-01-2024
2 events
- 23-01-2024 Resigned· Director
- 14-12-2022 Appointed· Director
-
BV NielsatorLegal entityDirectorState Gazette act 22147614 (14-12-2022)Former- → 14-12-2022
-
BV ValincoLegal entityDirectorState Gazette act 22147614 (14-12-2022)Former- → 14-12-2022
2 events
- 14-12-2022 Resigned· Director
- 14-12-2022 Resigned· Managing director
-
Pargeco SrlLegal entityManaging directorState Gazette act 20088873 (03-08-2020)Former- → 03-08-2020
-
ARLINI NVLegal entityDirectorState Gazette act 19014470 (29-01-2019)Former- → 29-01-2019
2 further former directors in the mandate history. Available in Kantoor S.
See plans →
Full appointment history from the Belgian State Gazette. Permanent representatives are shown for corporate directors.This list is read straight from this company's published acts, not from the officer register.
Statutory auditor
| Statutory auditor | IRE/IBR number | Tenure |
|---|---|---|
| Deloitte BedrijfsrevisorenCurrent Commissaris revisor |
- | 22-03-2024 → present |
| Mevrouw MITRUGNO AngéliqueCurrent Permanent vertegenwoordiger commissaris revisor |
- | 22-03-2024 → present |
Show 4 earlier auditors
| BDO Bedrijfsrevisoren Commissaris revisor |
- | - → 22-03-2024 |
| BV BDO Bedrijfsrevisoren Statutory auditor succeeded by Deloitte Bedrijfsrevisoren in 2024 |
- | 30-07-2021 → 22-03-2024 |
| Ernst & Young Assurance Services BV CVBA Statutory auditor succeeded by BV BDO Bedrijfsrevisoren in 2021 |
- | 19-08-2015 → 30-07-2021 |
| Ernst & Young, Lippens & Rabaey Audit BV CVBA Statutory auditor succeeded by BV BDO Bedrijfsrevisoren in 2021 |
- | 11-09-2014 → 30-07-2021 |
Appointed statutory auditor from the Belgian State Gazette. The IRE/IBR number refers to the register of the Institute of Registered Auditors.
Directors & mandates
| Role | Name | Tenure | Source |
|---|---|---|---|
| Curator | ASTRID LESCOUHIER HAMILTONPARK 24-26,
8000 BRUGGE |
19-01-2026 → present | Belgian State Gazette |
| Curator | MARLIES DE
BRABANDERE HAMILTONPARK 24-26, 8000 BRUGGE- |
19-01-2026 → present | Belgian State Gazette |
Legal Structure
| NACE primary | - |
| Legal form | Public limited company(014) |
| Incorporation | 27-06-2011 |
| Status | Active |
| Postal code | 8200 |
| First BS signal | 23-01-2026 |
| Latest BS signal | 23-01-2026 |
Establishment units
-
since 20112.200.345.228
-
since 20112.200.345.327
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Real-estate footprint
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31025E0013/00W000 | Flanders | 4.8 ha | 1 · 1.8 ha | - |
| 31030A0675/04N000 | Flanders | 4,199 m² | 1 · 1,545 m² | - |
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Updates
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
2026
23-01-2026
Bankruptcy
Opening
2024
22-03-2024
State Gazette act
Director changes
23-01-2024
State Gazette act
Director changes
2023
20-07-2023
NBB filing
Annual accounts filed
2022
14-12-2022
State Gazette act
Director changes
14-07-2022
NBB filing
Annual accounts filed
2021
30-07-2021
State Gazette act
Director changes
07-07-2021
NBB filing
Annual accounts filed
2020
03-08-2020
State Gazette act
Director changes
21-06-2020
NBB filing
Annual accounts filed
2019
20-06-2019
NBB filing
Annual accounts filed
29-01-2019
State Gazette act
Director changes
2018
27-09-2018
State Gazette act
Director changes
03-07-2018
NBB filing
Annual accounts filed
2017
20-09-2017
State Gazette act
Director changes
23-06-2017
NBB filing
Annual accounts filed
2016
27-06-2016
NBB filing
Annual accounts filed
16-06-2016
State Gazette act
Director changes
2015
19-08-2015
State Gazette act
Director changes
24-07-2015
NBB filing
Annual accounts filed
2014
11-09-2014
State Gazette act
Director changes
28-07-2014
NBB filing
Annual accounts filed
Lifecycle & Insolvency Signals
23-01-2026
Bankruptcy
Opening
Time machine, BS events + macro context
Macro context
2020-Q2/Q3 COVID lockdown
2022 energy crisis
2023-2024 ECB rate hikes
Legend
Bankruptcy
Interim / reorg
KBO event
Belgian State Gazette reading coverage
We know of 14 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Belgisch Staatsblad, acts
All acts · 11
updated 2 years ago
2024
22-03-2024 2 directors appointed, 1 resigning
- Deloitte Bedrijfsrevisoren, Commissaris revisor
- Mevrouw MITRUGNO Angélique, Permanent vertegenwoordiger commissaris revisor
- BDO Bedrijfsrevisoren, Commissaris revisor
Summary:
v3.2
Technical details
{
"events": [
{
"kind": "director_out",
"role": "commissaris-revisor",
"person": {
"rrn": null,
"name": "BDO Bedrijfsrevisoren",
"address": null,
"birth_date": null
}
},
{
"kind": "director_in",
"role": "commissaris-revisor",
"person": {
"rrn": null,
"name": "Deloitte Bedrijfsrevisoren",
"address": null,
"birth_date": null
}
},
{
"kind": "director_in",
"role": "permanent vertegenwoordiger commissaris-revisor",
"person": {
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"name": "Mevrouw MITRUGNO Ang\u00E9lique",
"address": null,
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}
}
],
"schema": "v3.2",
"act_meta": {
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},
"subject_company": {
"kbo": "0837.350.025",
"name_full": "FUN LOGISTICS"
}
}23-01-2024 2 resigning
- BV ALGREEN CONSULTING, Bestuurder
- Délia Gentilini, Vaste vertegenwoordiger
Summary:
v3.2
Technical details
{
"events": [
{
"kind": "director_out",
"role": "bestuurder",
"person": {
"rrn": null,
"name": "BV ALGREEN CONSULTING",
"address": null,
"birth_date": null
}
},
{
"kind": "director_out",
"role": "vaste vertegenwoordiger",
"person": {
"rrn": null,
"name": "D\u00E9lia Gentilini",
"address": null,
"birth_date": null
}
}
],
"schema": "v3.2",
"act_meta": {
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},
"subject_company": {
"kbo": "0837.350.025",
"name_full": "FUN LOGISTICS"
}
}2022
14-12-2022 4 directors appointed, 3 resigning
- BV Blue Vision, Bestuurder
- BV Algreen Consulting, Bestuurder
- BV PARGECO, Bestuurder
- BV Pargeco, Gedelegeerd bestuurder
- BV Nielsator, Bestuurder
- BV Valinco, Bestuurder
- BV VALINCO, Gedelegeerd bestuurder
Summary:
v3.2
Technical details
{
"events": [
{
"kind": "director_out",
"role": "bestuurder",
"person": {
"rrn": null,
"name": "BV Nielsator",
"address": null,
"birth_date": null
}
},
{
"kind": "director_out",
"role": "bestuurder",
"person": {
"rrn": null,
"name": "BV Valinco",
"address": null,
"birth_date": null
}
},
{
"kind": "director_in",
"role": "bestuurder",
"person": {
"rrn": null,
"name": "BV Blue Vision",
"address": null,
"birth_date": null
}
},
{
"kind": "director_in",
"role": "bestuurder",
"person": {
"rrn": null,
"name": "BV Algreen Consulting",
"address": null,
"birth_date": null
}
},
{
"kind": "director_in",
"role": "bestuurder",
"person": {
"rrn": null,
"name": "BV PARGECO",
"address": null,
"birth_date": null
}
},
{
"kind": "director_out",
"role": "gedelegeerd bestuurder",
"person": {
"rrn": null,
"name": "BV VALINCO",
"address": null,
"birth_date": null
}
},
{
"kind": "director_in",
"role": "gedelegeerd bestuurder",
"person": {
"rrn": null,
"name": "BV Pargeco",
"address": null,
"birth_date": null
}
}
],
"schema": "v3.2",
"act_meta": {
"extractor": "qwen3-30b-a3b"
},
"subject_company": {
"kbo": "0837.350.025",
"name_full": "FUN LOGISTICS"
}
}2021
30-07-2021 2 directors appointed
- BV BDO Bedrijfsrevisoren, Commissaris
- Fank Félix, Vaste vertegenwoordiger commissaris
Summary:
v3.2
Technical details
{
"events": [
{
"kind": "director_in",
"role": "commissaris",
"person": {
"rrn": null,
"name": "BV BDO Bedrijfsrevisoren",
"address": null,
"birth_date": null
}
},
{
"kind": "director_in",
"role": "vaste vertegenwoordiger commissaris",
"person": {
"rrn": null,
"name": "Fank F\u00E9lix",
"address": null,
"birth_date": null
}
}
],
"schema": "v3.2",
"act_meta": {
"extractor": "qwen3-30b-a3b"
},
"subject_company": {
"kbo": "0837.350.025",
"name_full": "FUN LOGISTICS"
}
}2020
03-08-2020 1 director appointed, 1 resigning
- Valinco Srl, Gedelegeerd bestuurder
- Pargeco Srl, Gedelegeerd bestuurder
Summary:
v3.2
Technical details
{
"events": [
{
"kind": "director_out",
"role": "gedelegeerd bestuurder",
"person": {
"rrn": null,
"name": "Pargeco Srl",
"address": null,
"birth_date": null
}
},
{
"kind": "director_in",
"role": "gedelegeerd bestuurder",
"person": {
"rrn": null,
"name": "Valinco Srl",
"address": null,
"birth_date": null
}
}
],
"schema": "v3.2",
"act_meta": {
"extractor": "qwen3-30b-a3b"
},
"subject_company": {
"kbo": "0837.350.025",
"name_full": "FUN LOGISTICS"
}
}2019
29-01-2019 4 directors appointed, 3 resigning
- PARGECO SPRL, Bestuurder
- VALINCO SPRL, Bestuurder
- NIELSATOR SPRL, Bestuurder
- PARGECO SPRL, Gedelegeerde bestuurder
- MITISKA NV, Bestuurder
- ARLINI NV, Bestuurder
- FUN BELGIUM, Gedelegeerde bestuurder
Summary:
v3.2
Technical details
{
"events": [
{
"kind": "director_out",
"role": "bestuurder",
"person": {
"rrn": null,
"name": "MITISKA NV",
"address": null,
"birth_date": null
}
},
{
"kind": "director_out",
"role": "bestuurder",
"person": {
"rrn": null,
"name": "ARLINI NV",
"address": null,
"birth_date": null
}
},
{
"kind": "director_out",
"role": "gedelegeerde bestuurder",
"person": {
"rrn": null,
"name": "FUN BELGIUM",
"address": null,
"birth_date": null
}
},
{
"kind": "director_in",
"role": "bestuurder",
"person": {
"rrn": null,
"name": "PARGECO SPRL",
"address": null,
"birth_date": null
}
},
{
"kind": "director_in",
"role": "bestuurder",
"person": {
"rrn": null,
"name": "VALINCO SPRL",
"address": null,
"birth_date": null
}
},
{
"kind": "director_in",
"role": "bestuurder",
"person": {
"rrn": null,
"name": "NIELSATOR SPRL",
"address": null,
"birth_date": null
}
},
{
"kind": "director_in",
"role": "gedelegeerde bestuurder",
"person": {
"rrn": null,
"name": "PARGECO SPRL",
"address": null,
"birth_date": null
}
}
],
"schema": "v3.2",
"act_meta": {
"extractor": "qwen3-30b-a3b"
},
"subject_company": {
"kbo": "0837.350.025",
"name_full": "FUN LOGISTICS"
}
}2018
27-09-2018 Ernst & Young Assurance Services BV CVBA appointed as statutory auditor
- Ernst & Young Assurance Services BV CVBA, Commissaris
Summary:
v3.2
Technical details
{
"events": [
{
"kind": "director_in",
"role": "commissaris",
"person": {
"rrn": null,
"name": "Ernst \u0026 Young Assurance Services BV CVBA",
"address": null,
"birth_date": null
}
}
],
"schema": "v3.2",
"act_meta": {
"extractor": "qwen3-30b-a3b"
},
"subject_company": {
"kbo": "0837.350.025",
"name_full": "FUN LOGISTICS"
}
}2017
20-09-2017 5 directors appointed
- FUN BELGIUM, Bestuurder
- MITISKA, Bestuurder
- ARLINI, Bestuurder
- FUN BELGIUM, Gedelegeerd bestuurder
- FUN BELGIUM, Voorzitter van de raad van bestuur
Summary:
v3.2
Technical details
{
"events": [
{
"kind": "director_in",
"role": "bestuurder",
"person": {
"rrn": null,
"name": "FUN BELGIUM",
"address": null,
"birth_date": null
}
},
{
"kind": "director_in",
"role": "bestuurder",
"person": {
"rrn": null,
"name": "MITISKA",
"address": null,
"birth_date": null
}
},
{
"kind": "director_in",
"role": "bestuurder",
"person": {
"rrn": null,
"name": "ARLINI",
"address": null,
"birth_date": null
}
},
{
"kind": "director_in",
"role": "Gedelegeerd Bestuurder",
"person": {
"rrn": null,
"name": "FUN BELGIUM",
"address": null,
"birth_date": null
}
},
{
"kind": "director_in",
"role": "Voorzitter van de Raad van Bestuur",
"person": {
"rrn": null,
"name": "FUN BELGIUM",
"address": null,
"birth_date": null
}
}
],
"schema": "v3.2",
"act_meta": {
"extractor": "qwen3-30b-a3b"
},
"subject_company": {
"kbo": "0837.350.025",
"name_full": "FUN LOGISTICS",
"_kbo_extracted_mismatch": "0835.350.025"
}
}2016
16-06-2016 Antoine Mettens appointed as vast vertegenwoordiger bestuurder
- Antoine Mettens, Vast vertegenwoordiger bestuurder
Summary:
v3.2
Technical details
{
"events": [
{
"kind": "director_in",
"role": "vast vertegenwoordiger bestuurder",
"person": {
"rrn": null,
"name": "Antoine Mettens",
"address": null,
"birth_date": null
}
}
],
"schema": "v3.2",
"act_meta": {
"extractor": "qwen3-30b-a3b"
},
"subject_company": {
"kbo": "0837.350.025",
"name_full": "FUN LOGISTICS"
}
}2015
19-08-2015 Ernst & Young Assurance Services BV CVBA appointed as statutory auditor
- Ernst & Young Assurance Services BV CVBA, Commissaris
Summary:
v3.2
Technical details
{
"events": [
{
"kind": "director_in",
"role": "commissaris",
"person": {
"rrn": null,
"name": "Ernst \u0026 Young Assurance Services BV CVBA",
"address": null,
"birth_date": null
}
}
],
"schema": "v3.2",
"act_meta": {
"extractor": "qwen3-30b-a3b"
},
"subject_company": {
"kbo": "0837.350.025",
"name_full": "FUN LOGISTICS"
}
}2014
11-09-2014 Ernst & Young, Lippens & Rabaey Audit BV CVBA appointed as statutory auditor
- Ernst & Young, Lippens & Rabaey Audit BV CVBA, Commissaris
Summary:
v3.2
Technical details
{
"events": [
{
"kind": "director_in",
"role": "commissaris",
"person": {
"rrn": null,
"name": "Ernst \u0026 Young, Lippens \u0026 Rabaey Audit BV CVBA",
"address": null,
"birth_date": null
}
}
],
"schema": "v3.2",
"act_meta": {
"extractor": "qwen3-30b-a3b"
},
"subject_company": {
"kbo": "0837.350.025",
"name_full": "FUN LOGISTICS"
}
}Credit advice
Company registry (CBE)
Names & trade names
| Legal nameNL | FUN LOGISTICS |
Registered office
Koning Albert I-laan 244
8200 Brugge, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.