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FVM

Open bankruptcy
Private limited companyfounded 2021KBO/BCE: BE 0776.523.701
Summary

A bankruptcy procedure is open for FVM according to publications in the Belgian State Gazette. The file additionally contains 1 administrative flag. The 2022 annual accounts show equity of €14,093 and a net result of €12,093.

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
Enterprise Court of Antwerp, Hasselt division
Declared bankrupt
14 March 2024
Supervising judge
Ivo Van Genechten
Official Gazette
21-03-2024 (pdf) ↗search the document for 2024/111653

Curators

What to do now

  1. Do not deliver on credit any more without an agreement with the curator.
  2. Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
  3. 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.
  4. Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
  5. Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
  6. 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

Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Register: open bankruptcy
The KBO register records the legal situation: open bankruptcy. This is today's state according to the register itself; the register carries no start date.
KBO · legal situation
raises risk · Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Belgian State Gazette
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 26-06-2023, 35 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2022
35 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its 2022 accounts 35 days before the deadline; the sector median for financial year 2022 is on the deadline day, and 48% of the sector filed late.

raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publications
Publications
Address struck

History

On 26 October 2021, FVM was incorporated as a Private limited company.1 The company has filed annual accounts once, for fiscal year 2022.2 The company was declared bankrupt on 14 March 2024.3

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2022
  3. 3Belgian State Gazette, 21-03-2024

Go further with this company

Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2022, micro schema

Equity
€14,093
Total assets
€41,544
Net result
€12,093
Working capital
€1,139

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition
Assets €41,544
Fixed assets €12,954
Current assets €28,590
Equity and liabilities €41,544
Equity €14,093
Debt €27,451
Debt finances 66.1% of the balance-sheet total.
Key figures and ratios
2022 value
EBITDA
€22,262
Cash flow
€19,239
Current ratio
1.04
Quick ratio
0.80
Debt to equity
1.95
ROE
85.8%
ROA
29.1%
Interest coverage
7.36
Debt ≤ 1 year
€27,451
Annual accounts
Filed annual accounts As filed with the NBB · 2022 · 34 lines
Balance sheet Code2022
Assets
Total assets20/58€41,544
Fixed assets21/28€12,954
Tangible fixed assets22/27€12,954
Plant, machinery and equipment23€12,954
Current assets29/58€28,590
Stocks and contracts in progress3€6,500
Contracts in progress37€6,500
Amounts receivable within one year40/41€16,539
Trade receivables40€14,341
Other amounts receivable41€2,198
Cash at bank and in hand54/58€5,551
Equity and liabilities
Total equity and liabilities10/49€41,544
Equity10/15€14,093
Contributions10/11€2,000
Capital10€2,000
Issued capital100€2,000
Profit (loss) carried forward14€12,093
Amounts payable17/49€27,451
Amounts payable within one year42/48€27,451
Trade debts44€18,328
Suppliers440/4€18,328
Taxes, remuneration and social security45€7,523
Taxes450/3€3,023
Remuneration and social security454/9€4,500
Other amounts payable47/48€1,600
Income statement Code2022
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7,146
Gross operating margin9900€22,262
Operating profit (loss)9901€15,116
Financial charges65/66B€3,023
Recurring financial charges65€3,023
Profit (loss) for the period before taxes9903€12,093
Profit (loss) for the period9904€12,093
Profit (loss) for the period to be appropriated9905€12,093
Appropriation of the result
Profit (loss) to be appropriated9906€12,093

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2022
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7,146
Gross operating margin9900€22,262
Operating profit (loss)9901€15,116
Financial charges65/66B€3,023
Recurring financial charges65€3,023
Profit (loss) for the period before taxes9903€12,093
Profit (loss) for the period9904€12,093
Profit (loss) for the period to be appropriated9905€12,093
Line2022
Assets
Total assets20/58€41,544
Fixed assets21/28€12,954
Tangible fixed assets22/27€12,954
Plant, machinery and equipment23€12,954
Current assets29/58€28,590
Stocks and contracts in progress3€6,500
Contracts in progress37€6,500
Amounts receivable within one year40/41€16,539
Trade receivables40€14,341
Other amounts receivable41€2,198
Cash at bank and in hand54/58€5,551
Equity and liabilities
Total equity and liabilities10/49€41,544
Equity10/15€14,093
Contributions10/11€2,000
Capital10€2,000
Issued capital100€2,000
Profit (loss) carried forward14€12,093
Amounts payable17/49€27,451
Amounts payable within one year42/48€27,451
Trade debts44€18,328
Suppliers440/4€18,328
Taxes, remuneration and social security45€7,523
Taxes450/3€3,023
Remuneration and social security454/9€4,500
Other amounts payable47/48€1,600
Line2022
Profit (loss) for the period9904€12,093
+ Depreciation and write-downs630€7,146
Operating cash flow (approximation)€19,239

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Timeline · acts, filings and financial milestones

2024
31-10
KBO administration Address struck
21-03
Bankruptcy Opening
Ondernemingsrechtbank Antwerpen, afdeling Hasselt · event 14-03-2024
2023
26-06
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
SignalNBB filing
0 of 2 acts read
About the unread acts

We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
2 acts for this company are 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, Houthalen-Helchteren · 1 establishment unit since 2021
seat establishment The establishment unit on the map
Ground area
1,700 m²
Building footprint
166 m²
Volume, LiDAR
1,072 m³
2 parcels, Flanders · tallest building 8.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
FVM
General construction of buildings
since 20212.324.098.521
2 parcels
Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
72452E1162/00B013 Flanders 896 m² 1 · 76 m² 8.2 m · 2 fl.
72452E1162/00B016 Flanders 804 m² 1 · 90 m² 8.3 m · 2 fl.
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Insolvency mandates

3 mandates
Role Name Tenure
Curator DIRK VAN COPPENOLLE
GENKERSTEENWEG 302, 3500 HASSELT
14-03-2024 → present
Curator FREDERICK VAN COPPE- NOLLE
GENKERSTEENWEG 302, 3500 HASSELT- frederick@van- coppenolle.be
14-03-2024 → present
Curator SOFIE REPRIELS
GENKERSTEENWEG 302, 3500 HASSELT
14-03-2024 → present

Similar companies · same sector, comparable size

Of 29,787 companies in sector 41001 we hold annual accounts for 16,039. 10,482 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
Founded26-10-2021
Fiscal year end31-12
Activities, NACEBEL 2025
41001General construction of residential buildings
96220Beauty care and other beauty treatments

Scores and ratios are computed by Checked and are not a credit decision.