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FYD

Open bankruptcy
Private limited companyfounded 2011IJzerenpoortkaai 3, 2000 Antwerpen, BelgiumKBO/BCE: BE 0833.479.329

A bankruptcy procedure is open for FYD according to publications in the Belgian State Gazette; curator: JOOST PEETERS.

Summary

The file additionally contains 1 judicial reorganisation. The 2021 annual accounts show negative equity (-€7,532) and a net result of -€261,093.

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, Antwerp division
Declared bankrupt
24 May 2022
Supervising judge
Maarten De Voeght
Official Gazette
30-05-2022 (pdf) ↗search the document for 2022/120068

Deadlines

Provisional date payments stopped
24 May 2022A later judgment can change the date.art. XX.105 CEL
Appeal or third-party opposition until
passed on 14 June 2022Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
File the claim in RegSol until
passed on 23 June 2022art. XX.104 and XX.155 CEL
First verification report
passed on 22 July 2022Goods that belong to you, such as those delivered under retention of title, are reclaimed before this day.art. XX.104 and XX.194 CEL
Late claim until
passed on 24 May 2023Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL

Curator

  • Joost PeetersHaantjeslei 69A, 2018 Antwerpen 1joost.peeters@studio-legale.be

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.

The deadlines above come from the publication of the judgment. Check them in RegSol before you file anything; a passed deadline no longer applies.

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

Three 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 · Filed after the deadline
The financial year that closed on 30-06-2021 was due by 31-01-2022 and was filed on 14-04-2022, 73 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 · 9 filings
Deviation from the deadline
2025
not filed
2024
not filed
2023
not filed
2022
not filed
2021
73 d late
2020
3 d early
2019
21 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 3 accounts on average 30 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 46% of the sector filed 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 3 February 2011, FYD was incorporated.1 Total assets went from EUR 1.5 million in 2019 to EUR 2 million in 2021 and headcount from 4.2 to 6 full-time equivalents.2 The company was declared bankrupt on 24 May 2022.3

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2019 and 2021
  3. 3Belgian State Gazette, 30-05-2022

Go further with this company

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

Financials · fiscal year 2021, abbreviated schema

Equity
-€7,532
2020 · €253,561
Total assets
€2.0m▲ 18.0%
2020 · €1.7m
Net result
-€261,093
2020 · €28,715
Working capital
€247,229▼ 61.7%
2020 · €644,776
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line201920202021
Operating result€78,268-€81,616▲ 4.3%-€149,689
Net result€54,476-€28,715within the sector's middle half▼ 47.3%-€261,093below the sector's middle half
Equity€224,846-€253,561within the sector's middle half▲ 12.8%-€7,532below the sector's middle half
Total assets€1.5m-€1.7mabove the sector's middle half▲ 9.9%€2.0mabove the sector's middle half▲ 18.0%
Debt€1.3m-€1.4m▲ 9.5%€2.0m▲ 39.5%
Working capital€563,169-€644,776▲ 14.5%€247,229▼ 61.7%
Solvency14.7%-15.1%below the sector's middle half▲ 0.4pp-0.4%below the sector's middle half▼ 15.5pp
Staff (FTE)4.2-5.4within the sector's middle half▲ 28.6%6within the sector's middle half▲ 11.1%
above within below the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
-€300,000-€200,000-€100,000€0€100,000Operating result 2019: €78,268€78,268Net result 2019: €54,476€54,476Operating result 2020: €81,616€81,616Net result 2020: €28,715€28,715Operating result 2021: -€149,689-€149,689Net result 2021: -€261,093-€261,093201920202021-€300,000-€200,000-€100,000€0€100,000Operating result 2019: €78,268€78,300Net result 2019: €54,476€54,500Operating result 2020: €81,616€81,600Net result 2020: €28,715€28,700Operating result 2021: -€149,689-€150,000Net result 2021: -€261,093-€261,000201920202021
The operating result turns negative in 2021: a loss of €149,689 after €81,616 in 2020, the lowest result in the available series.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €2.0m
Fixed assets €81,940 ▼ 16.0%
Current assets €1.9m ▲ 20.9%
Key figures and ratios
2021 value · change against 2020
EBITDA
-€125,706▼
2020 · €112,842
Cash flow
-€237,110▼
2020 · €59,941
Current ratio
1.15▼
2020 · 1.71
Quick ratio
0.98▼
2020 · 1.33
ROA
-13.2%▼
2020 · 1.7%
Interest coverage
-6.37
Debt ≤ 1 year
€1.6m▲
2020 · €913,870
Debt > 1 year
€160,214=
2020 · €160,214
Staff costs
€306,554
A ratio outside any meaningful range has been withheld (balance sheet total €2.0m, equity -€7,532).
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 · 2021 against 2020 · 55 lines
Balance sheet Code20202021
Assets
Total assets20/58€1.7m€2.0m▲
Formation expenses20€21,210€11,855▼
Fixed assets21/28€97,498€81,940▼
Tangible fixed assets22/27€86,372€73,814▼
Furniture and vehicles24-€60,614
Other tangible fixed assets26-€13,200
Financial fixed assets28€11,126€8,126▼
Current assets29/58€1.6m€1.9m▲
Stocks and contracts in progress3€339,800€276,739▼
Stocks30/36-€276,739
Amounts receivable within one year40/41€691,984€1.0m▲
Trade receivables40-€781,416
Other amounts receivable41-€221,407
Cash at bank and in hand54/58€7,466€892▼
Deferred charges and accrued income490/1-€604,649
Equity and liabilities
Total equity and liabilities10/49€1.7m€2.0m▲
Equity10/15€253,561-€7,532▼
Contributions10/11-€275,000
Outside capital11-€275,000
Other1109/19-€275,000
Reserves13€126€126=
Tax-exempt reserves132-€126
Profit (loss) carried forward14-€21,565-€282,658▼
Amounts payable17/49€1.4m€2.0m▲
Amounts payable after more than one year17€160,214€160,214=
Financial debts170/4-€160,214
Amounts payable within one year42/48€913,870€1.6m▲
Financial debts43-€200,000
Credit institutions430/8-€200,000
Trade debts44€502,035€792,511▲
Suppliers440/4-€792,511
Advances received on contracts in progress46-€210,983
Taxes, remuneration and social security45-€329,007
Taxes450/3-€181,493
Remuneration and social security454/9-€147,514
Other amounts payable47/48-€105,373
Accrued charges and deferred income492/3-€188,342
Income statement Code20202021
Non-recurring operating income76A-€4,402
Remuneration, social security and pensions62-€306,554
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€31,226€23,983▼
Other operating charges640/8-€18,625
Gross operating margin9900€359,272€199,473▼
Operating profit (loss)9901€81,616-€149,689▼
Financial income75/76B-€962
Recurring financial income75€32€962▲
Financial charges65/66B-€112,366
Recurring financial charges65€29,295€19,743▼
Non-recurring financial charges66B-€92,623
Profit (loss) for the period before taxes9903€52,353-€261,093▼
Income taxes67/77€23,638-
Profit (loss) for the period9904€28,715-€261,093▼
Profit (loss) for the period to be appropriated9905€28,715-€261,093▼
Appropriation of the result
Profit (loss) to be appropriated9906--€282,658
Profit (loss) brought forward from the previous period14P--€21,565
Social balance
Average headcount (FTE)9087-6.0

The notes to these accounts (14 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line201920202021Change
Non-recurring operating income76A--€4,402-
Remuneration, social security and pensions62--€306,554-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€29,912€31,226€23,983▼ 23.2%
Other operating charges640/8--€18,625-
Gross operating margin9900€260,433€359,272€199,473▼ 44.5%
Operating profit (loss)9901€78,268€81,616-€149,689▼ 283%
Financial income75/76B--€962-
Recurring financial income75€3,583€32€962▲ 2,887%
Financial charges65/66B--€112,366-
Recurring financial charges65€16,090€29,295€19,743▼ 32.6%
Non-recurring financial charges66B--€92,623-
Profit (loss) for the period before taxes9903€65,760€52,353-€261,093▼ 599%
Income taxes67/77€11,285€23,638--
Profit (loss) for the period9904€54,476€28,715-€261,093▼ 1,009%
Profit (loss) for the period to be appropriated9905€54,476€28,715-€261,093▼ 1,009%
Line201920202021Change
Assets
Total assets20/58€1.5m€1.7m€2.0m▲ 18.0%
Formation expenses20€30,565€21,210€11,855▼ 44.1%
Fixed assets21/28€97,369€97,498€81,940▼ 16.0%
Tangible fixed assets22/27€86,242€86,372€73,814▼ 14.5%
Furniture and vehicles24--€60,614-
Other tangible fixed assets26--€13,200-
Financial fixed assets28€11,126€11,126€8,126▼ 27.0%
Current assets29/58€1.4m€1.6m€1.9m▲ 20.9%
Stocks and contracts in progress3€331,886€339,800€276,739▼ 18.6%
Stocks30/36--€276,739-
Amounts receivable within one year40/41€630,076€691,984€1.0m▲ 44.9%
Trade receivables40--€781,416-
Other amounts receivable41--€221,407-
Cash at bank and in hand54/58€11,902€7,466€892▼ 88.1%
Deferred charges and accrued income490/1--€604,649-
Equity and liabilities
Total equity and liabilities10/49€1.5m€1.7m€2.0m▲ 18.0%
Equity10/15€224,846€253,561-€7,532▼ 103%
Contributions10/11€275,000-€275,000-
Outside capital11--€275,000-
Other1109/19--€275,000-
Reserves13€126€126€126=
Tax-exempt reserves132--€126-
Profit (loss) carried forward14-€50,280-€21,565-€282,658▼ 1,211%
Amounts payable17/49€1.3m€1.4m€2.0m▲ 39.5%
Amounts payable after more than one year17€175,000€160,214€160,214=
Financial debts170/4--€160,214-
Amounts payable within one year42/48€834,490€913,870€1.6m▲ 79.2%
Financial debts43--€200,000-
Credit institutions430/8--€200,000-
Trade debts44€417,652€502,035€792,511▲ 57.9%
Suppliers440/4--€792,511-
Advances received on contracts in progress46--€210,983-
Taxes, remuneration and social security45--€329,007-
Taxes450/3--€181,493-
Remuneration and social security454/9--€147,514-
Other amounts payable47/48--€105,373-
Accrued charges and deferred income492/3--€188,342-
Line201920202021Change
Profit (loss) for the period9904€54,476€28,715-€261,093▼ 1,009%
+ Depreciation and write-downs630€29,912€31,226€23,983▼ 23.2%
Operating cash flow (approximation)€84,388€59,941-€237,110▼ 496%
Investment in fixed assets (approximation)--€31,355-€8,425▲ 73.1%
Change in cash--€4,435-€6,574▼ 48.2%

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

2022
30-05
Bankruptcy Opening
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · event 24-05-2022
14-04
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema · 73 days late
2021
30-06
Financial Weakest financial yearnet -€261,093
Net result drops to -€261,093, the lowest in the series.
28-01
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
27-11
Judicial reorganisation Opening
Ondernemingsrechtbank Antwerpen · amicable agreement · event 20-11-2020
21-02
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema · 21 days late
2019
21-01
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
15-01
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
06-01
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
15-02
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema · 15 days late
2015
16-02
NBB filing Annual accounts filed
fiscal year 2014 · abbreviated schema · 16 days late
2013
26-07
NBB filing Annual accounts filed
fiscal year 2012 · abbreviated schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 8 acts read
About the unread acts

We know of 8 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
8 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, Antwerpen · 1 establishment unit since 2011
seat establishment The establishment unit on the map
Ground area
1,620 m²
Building footprint
811 m²
Volume, LiDAR
10,954 m³
2 parcels, Flanders · tallest building 20.1 m, ±6 floors. Linked by address, not a title deed.
108 companies at this address See who is registered here
1 establishment unit
Vlaamsekaai 35-39, 2000 Antwerpen
Wholesale trade
since 20112.196.461.367
2 parcels
Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
11811L3668/00M003
ProtectedTownscape or village viewHuizenrijen VlaamsekaaiSource ↗
Flanders 1,172 m² 1 · 372 m² 19.3 m · 6 fl.
11811L3958/00T000 Flanders 449 m² 1 · 438 m² 20.1 m · 5 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.
1 of these parcels carry protected heritage: expect extra rules on renovation or sale.

Insolvency mandates

1 mandate
Role Name Tenure
Curator JOOST PEETERS
HAANTJESLEI 69A, 2018 ANTWERPEN 1
24-05-2022 → present

Structure & network

Owners and holdings

1 owner

Chain of control

  1. D. INVEST 92%
  2. FYD

Highest known parent: D. INVEST. The sources do not say who stands above it.

Owners 1

Holdings 0

No holding stated in the accounts, acts or LEI register we read.

According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Similar companies · same sector, comparable size

Of 2,606 companies in sector 47551 we hold annual accounts for 1,718. 1,325 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
Founded03-02-2011
Fiscal year end30-06
Activities, NACEBEL 2025
47551Retail sale of household furniture
46473Wholesale trade
47530Retail trade
47552Retail sale of lighting equipment
47553Retail trade
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 27 September 2026 · Peppol Directory

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