Active BE 0454.010.478Private limited companyOpen bankruptcy

Fundis Piling

Heirweg 103 ·9270 Laarne, Belgium· 31 yrs active

Sector: Specialised construction (43990)

Conclusion Checked

A bankruptcy procedure is open for Fundis Piling according to publications in the Belgian State Gazette. The 2019 annual accounts show equity of €1.48M and a net result of €-16k.

Based on the State Gazette, CBE and 2 annual accounts.

Key figures

Equity	€1.48M
Net result	€-16k
Staff (FTE)	1.1
Active	31 yrs

Snowflake analysis 5 axes · computed by Checked

36 / 100

Fragile profile, watch profitability in particular.

Health 3

Profitability 0

Solvency 100

Growth 78

Stability 0

Bankruptcy probability (12 mo) Checked model v1 · free

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 rule-based

50 / 100

High risk

Components

· Open bankruptcy (+50)

Trust signals 1 signals

Open bankruptcy

Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.

Administrative Flags 0 events

No administrative flags

Health barometer FY 2019 · computed

3 / 100 Critical

050100

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Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative, not credit advice.

Financial overview10 NBB filings

Annual accounts filed on 28-02-2020 with the NBB · fiscal year 2019 · verkort

Operating resultNet result

EBITDA

€4k

- far above sector median

Net profit

€-16k

+82.5% far below sector median

Cash flow

€-75k

- far below sector median

Total assets

€1.49M

+2665.8% far above sector median

Equity

€1.48M

- far above sector median

Working capital

€1.48M

- far above sector median

Employees (FTE)

1

-31.3% -65% vs sector

Debt

€2k

-98.2% -98% vs sector

Debt ≤ 1y

€2k

-95.0% -98% vs sector

Debt > 1y

€79k

- -48% vs sector

Current ratio

667.98

+171622.6% far above sector median

Quick ratio

667.98

+224912.3% far above sector median

Solvency

99.9%

- far above sector median

Debt / equity

-1.11

- far below sector median

ROE

-1.1%

- far below sector median

ROA

-1.1%

+99.4% far below sector median

Figures by fiscal year

Highlight YoY changes (±10%)

Fiscal year	2019
Revenue	-
EBITDA	-
Net profit	€-16k
Cash flow	-
Staff costs	-
Income taxes	-
Dividends	-
Total assets	€1.49M
Equity	€1.48M
Debt	€2k
of which ≤ 1y	€2k
of which > 1y	-
Working capital	€1.48M
Employees (FTE)	1.1

Ratios (computed)

	2019
Current ratio	667.98
Quick ratio	667.98
Working capital ratio	99.9%
Solvency	99.9%
Debt / equity	-
Long-term debt ratio	-
Interest coverage	-
Gross margin	-
Net margin	-
ROA	-1.1%
ROE	-1.1%
EBITDA margin	-
Days sales outstanding	-
Days payable outstanding	-
Inventory turnover	-
Days inventory (DSI)	-

Balance-sheet composition 2019

Equity & liabilities

Equity €1.48M · 99.9% Debt €2k · 0.2%

Full annual accounts

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2019
Balance sheet, Assets
TOTAL ASSETS	20/58	€1.49M
Current assets	29/58	€1.49M
Amounts receivable within one year	40/41	€1.40M
Cash & bank	54/58	€2k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€1.49M
Equity	10/15	€1.48M
Contributions / capital	10/11	€1.50M
Reserves	13	€39
Accumulated profits (losses)	14	€-16k
Amounts payable	17/49	€2k
Amounts payable within one year	42/48	€2k
Trade debts payable within one year	44	€2k
Income statement
Gross operating margin	9900	€102k
Operating result	9901	€75k
Financial income	75	€1
Financial charges	65	€1k
Result before taxes	9903	€74k
Net result for the period	9904	€74k
Result to be appropriated	9905	€74k

You're seeing the latest fiscal year only. Unlock 1 prior year (figures + ratios) with a paid plan. See plans →

Ratios computed by Checked.

Directors & mandates1 person

Role	Name	Tenure	Source
Curator	FREDERIC LELEUX KAPELLESTRAAT 33, 9220 HAMME (O.-VL.) ↔ Also on 69 other cases	29-03-2021 → present	Belgian State Gazette

Legal Structure

NACE primary	Specialised construction(43990)
Legal form	Private limited company(610)
Incorporation	28-12-1994
Status	Active
Postal code	9270
First BS signal	02-04-2021
Latest BS signal	02-04-2021

Company structure, linked entities1 linked entities

Mandates

↔ 1 of these mandate-holders are active on other cases, click any red card to open that KBO.

Establishment units 1 location

Fundis Piling

Heirweg 103, 9270 LaarneOpbouwen van boortorens ter plaatse, repareren en ontmantelen van boortorens

since 20202.298.068.570

Physical sites registered in the Crossroads Bank for Enterprises (CBE).

Real-estate footprint Source: CBE × cadastre

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 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
42010A0584/00M000	Flanders	310 m²	1 · 270 m²	6.6 m · 1 fl.

Methodology

via registered seat: 1

1 of 1 parcels with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Updates 11 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2021

02-04-2021

Bankruptcy Opening

Ondernemingsrechtbank Gent, afdeling Dendermonde · FUNDIS PILING BV HEIRWEG 103, 9270 LAARNE · event 29-03-2021

2020

28-02-2020