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FX GROUP

Bankruptcy
Private limited company (pre-2019)founded 2014Rue Marcel-Niessen, Baranzy 7, 6750 Musson, BelgiumKBO/BCE: BE 0556.851.660
Summary

The KBO register records for FX GROUP the legal situation: open bankruptcy; this is today's state according to the register itself, which carries no start date. The 2017 annual accounts show negative equity (-€95,291) and a net result of -€17,527.

Are you a creditor?

Open bankruptcy Source: KBO register

The KBO register records a bankruptcy for this company. If it owes you money, you are not paid automatically: you file your claim yourself.

The procedure

The publication of the judgment is not in our data. Court, date and curator are in RegSol: search by the enterprise number.

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.Creditor guide for this company

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Signals

Two 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
neutral · Filed after the deadline
The financial year that closed on 31-12-2017 was due by 31-07-2018 and was filed on 27-08-2018, 27 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 3 filings
Deviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
not filed
2019
not filed
← before the deadline after the deadline →
tick = median of all Belgian filings

The Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 25 July 2014, FX GROUP was incorporated.1 Revenue went from EUR 11,572 in 2015 to EUR 58,540 in 2017.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2015 and 2017

Go further with this company

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

Financials · fiscal year 2017, micro schema

Turnover
€58,540▲ 148%
2016 · €23,650
EBIT margin
-27.6%▲ 191.2pp
2016 · -218.9%
Net result
-€17,527▲ 66.7%
2016 · -€52,610
Working capital
-€155,951▼ 19.1%
2016 · -€130,913
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
Line201520162017
Turnover€11,572-€23,650▲ 104%€58,540▲ 148%
Operating result-€43,127--€51,761▼ 20.0%-€16,167▲ 68.8%
Net result-€43,754--€52,610▼ 20.2%-€17,527▲ 66.7%
EBIT margin-372.7%--218.9%▲ 153.8pp-27.6%▲ 191.2pp
Equity-€25,154--€77,764▼ 209%-€95,291▼ 22.5%
Total assets€245,194-€285,119▲ 16.3%€294,107▲ 3.2%
Debt€270,348-€362,883▲ 34.2%€389,398▲ 7.3%
Working capital-€87,835--€130,913▼ 49.0%-€155,951▼ 19.1%
Result per fiscal year
Operating resultNet result
-€60,000-€40,000-€20,000€0Operating result 2015: -€43,127-€43,127Net result 2015: -€43,754-€43,754Operating result 2016: -€51,761-€51,761Net result 2016: -€52,610-€52,610Operating result 2017: -€16,167-€16,167Net result 2017: -€17,527-€17,527201520162017-€60,000-€40,000-€20,000€0Operating result 2015: -€43,127-€43,100Net result 2015: -€43,754-€43,800Operating result 2016: -€51,761-€51,800Net result 2016: -€52,610-€52,600Operating result 2017: -€16,167-€16,200Net result 2017: -€17,527-€17,500201520162017
The operating result stays negative: a loss of €16,167 in 2017 against €51,761 in 2016; the loss shrinks.
Balance-sheet composition
2017 in colour, 2016 as the grey bar beneath
Assets €294,107
Fixed assets €60,660 ▲ 14.1%
Current assets €233,447 ▲ 0.6%
Key figures and ratios
2017 value · change against 2016
EBITDA
-€4,085▲
2016 · -€42,229
Cash flow
-€5,445▲
2016 · -€43,078
Solvency
-32.4%▼
2016 · -27.3%
Current ratio
0.60▼
2016 · 0.64
Quick ratio
0.07▲
2016 · 0.02
ROA
-6.0%▲
2016 · -18.5%
Debt ≤ 1 year
€389,398▲
2016 · €362,883
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2017 against 2016 · 25 lines
Balance sheet Code20162017
Assets
Total assets20/58€285,119€294,107▲
Fixed assets21/28€53,149€60,660▲
Intangible fixed assets21€52,749€43,218▼
Tangible fixed assets22/27-€10,202
Financial fixed assets28€400€7,240▲
Current assets29/58€231,970€233,447▲
Stocks and contracts in progress3€222,940€207,536▼
Amounts receivable within one year40/41€8,756€21,462▲
Cash at bank and in hand54/58€22€4,126▲
Equity and liabilities
Total equity and liabilities10/49€285,119€294,107▲
Equity10/15-€77,764-€95,291▼
Contributions10/11€18,600€18,600=
Profit (loss) carried forward14-€96,364-€113,891▼
Amounts payable17/49€362,883€389,398▲
Amounts payable within one year42/48€362,883€389,398▲
Trade debts44€26,666€21,999▼
Income statement Code20162017
Turnover70€23,650€58,540▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9,532€12,082▲
Gross operating margin9900-€37,784-€3,785▲
Operating profit (loss)9901-€51,761-€16,167▲
Recurring financial income75€1€121▲
Recurring financial charges65€850€1,481▲
Profit (loss) for the period before taxes9903-€52,610-€17,527▲
Profit (loss) for the period9904-€52,610-€17,527▲
Profit (loss) for the period to be appropriated9905-€52,610-€17,527▲
Line201520162017Change
Turnover70€11,572€23,650€58,540▲ 148%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€13,503€9,532€12,082▲ 26.8%
Gross operating margin9900-€28,966-€37,784-€3,785▲ 90.0%
Operating profit (loss)9901-€43,127-€51,761-€16,167▲ 68.8%
Recurring financial income75-€1€121▲ 12,000%
Recurring financial charges65€552€850€1,481▲ 74.2%
Profit (loss) for the period before taxes9903-€43,754-€52,610-€17,527▲ 66.7%
Profit (loss) for the period9904-€43,754-€52,610-€17,527▲ 66.7%
Profit (loss) for the period to be appropriated9905-€43,754-€52,610-€17,527▲ 66.7%
Line201520162017Change
Assets
Total assets20/58€245,194€285,119€294,107▲ 3.2%
Formation expenses20€562---
Fixed assets21/28€62,681€53,149€60,660▲ 14.1%
Intangible fixed assets21€61,719€52,749€43,218▼ 18.1%
Tangible fixed assets22/27--€10,202-
Financial fixed assets28€400€400€7,240▲ 1,710%
Current assets29/58€182,513€231,970€233,447▲ 0.6%
Stocks and contracts in progress3€181,791€222,940€207,536▼ 6.9%
Amounts receivable within one year40/41€323€8,756€21,462▲ 145%
Cash at bank and in hand54/58€58€22€4,126▲ 18,655%
Equity and liabilities
Total equity and liabilities10/49€245,194€285,119€294,107▲ 3.2%
Equity10/15-€25,154-€77,764-€95,291▼ 22.5%
Contributions10/11€18,600€18,600€18,600=
Profit (loss) carried forward14-€43,754-€96,364-€113,891▼ 18.2%
Amounts payable17/49€270,348€362,883€389,398▲ 7.3%
Amounts payable within one year42/48€270,348€362,883€389,398▲ 7.3%
Trade debts44€5,622€26,666€21,999▼ 17.5%
Line201520162017Change
Profit (loss) for the period9904-€43,754-€52,610-€17,527▲ 66.7%
+ Depreciation and write-downs630€13,503€9,532€12,082▲ 26.8%
Operating cash flow (approximation)-€30,251-€43,078-€5,445▲ 87.4%
Investment in fixed assets (approximation)-€0-€19,593-
Change in cash--€36€4,104▲ 11,500%

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

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Timeline · acts, filings and financial milestones

2018
27-08
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 27 days late
2017
22-08
NBB filing Annual accounts filed
fiscal year 2016 · micro schema · 22 days late
2016
31-12
Financial Weakest financial yearnet -€52,610
Net result drops to -€52,610, the lowest in the series.
05-10
NBB filing Annual accounts filed
fiscal year 2015 · full schema · 66 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts

We know of 3 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
3 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, Musson · 1 establishment unit since 2014
seat establishment The establishment unit on the map
Ground area
2,549 m²
Building footprint
678 m²
Volume, LiDAR
4,131 m³
2 parcels, Wallonia · tallest building 10.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Rue Raymond-Gridlet 49, 5575 Gedinne
Wholesale trade
since 20142.233.956.817
2 parcels
Wallonia 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
91054A0171/00F000 Wallonia 1,833 m² 1 · 568 m² 8.4 m · 2 fl.
85026C0753/02D000 Wallonia 716 m² 1 · 110 m² 9.9 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.

Identification & contact

Identification
Legal formPrivate limited company (pre-2019)
Founded25-07-2014
Fiscal year end31-12
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

Register as of 28 September 2026 · Peppol Directory

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