Oxy-Fun
Open bankruptcyA bankruptcy procedure is open for Oxy-Fun according to publications in the Belgian State Gazette; curator: Johan VYNCKIER.
Summary
The 2020 annual accounts show equity of €19,545 and a net result of -€10,753.
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 Ghent, Kortrijk division
- Declared bankrupt
- 28 June 2022
- Supervising judge
- Luc Vanderbeke
- Official Gazette
- 06-07-2022 (pdf) ↗search the document for 2022/126394
Deadlines
- Provisional date payments stopped
- 28 June 2022A later judgment can change the date.art. XX.105 CEL
- Appeal or third-party opposition until
- passed on 21 July 2022Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
- File the claim in RegSol until
- passed on 28 July 2022art. XX.104 and XX.155 CEL
- First verification report
- passed on 16 August 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 28 June 2023Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL
Curator
- Johan VynckierEngelse Wandeling 74, 8510 Markejohan.vynckier@vy-us.be
What to do now
- Do not deliver on credit any more without an agreement with the curator.
- Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
- 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.
- Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
- Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
- 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
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2020 was due by 31-07-2021 and was filed on 19-07-2021, 12 days ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
12 d early
2019
104 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 2 accounts on average 46 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
Checked, nothing found (1)
History
Go further with this company
Who ran this company, and where was it based, on a date before the end?Company as of a date Is the registered address a letterbox address or a business centre?Addresses Are there other customers at risk in your own list?List enrichment How is the Fitness centres sector doing?Sector figures
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2020, abbreviated schema
Equity
€19,545▼ 35.5%
2019 · €30,298
Total assets
€364,383▲ 2.4%
2019 · €355,733
Net result
-€10,753
2019 · €10,298
Working capital
€58,255▲ 43.1%
2019 · €40,722
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 93, Sports, amusement and recreation activities, 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
Line20192020
Operating result€18,488--€5,220
Net result€10,298--€10,753within the sector's middle half
Equity€30,298-€19,545below the sector's middle half▼ 35.5%
Total assets€355,733-€364,383within the sector's middle half▲ 2.4%
Debt€325,436-€344,839▲ 6.0%
Working capital€40,722-€58,255within the sector's middle half▲ 43.1%
Solvency8.5%-5.4%below the sector's middle half▼ 3.2pp
Current ratio1.53-1.73within the sector's middle half▲ 0.21
Return on assets (ROA)2.9%--3.0%within the sector's middle half▼ 5.8pp
Staff (FTE)0.3-0.1below the sector's middle half▼ 66.7%
above
within
below
the middle half (P25 to P75) of NACE 93, Sports, amusement and recreation activities, 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
The operating result turns negative in 2020: a loss of €5,220 after €18,488 in 2019.
Balance-sheet composition
2020 in colour, 2019 as the grey bar beneath
Assets €364,383
Fixed assets
€226,452 ▼ 4.7%
Current assets
€137,932 ▲ 16.7%
Equity and liabilities €364,383
Equity
€19,545 ▼ 35.5%
Debt
€344,839 ▲ 6.0%
Debt's share of the balance-sheet total rises from 91.5% to 94.6%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€25,581▼
2019 · €76,550
Cash flow
€20,049▼
2019 · €68,360
Quick ratio
1.59▲
2019 · 1.46
Debt to equity
6.11▲
2019 · 4.80
ROE
-55.0%▼
2019 · 34.0%
Debt ≤ 1 year
€79,677▲
2019 · €77,512
Debt > 1 year
€119,477▼
2019 · €145,467
Income taxes
€0▼
2019 · €2,120
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2019 | 2020 | Change |
|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €58,062 | €30,802 | ▼ 47.0% |
| Gross operating margin9900 | €96,416 | €27,478 | ▼ 71.5% |
| Operating profit (loss)9901 | €18,488 | -€5,220 | ▼ 128% |
| Recurring financial income75 | €214 | €30 | ▼ 86.2% |
| Recurring financial charges65 | €6,285 | €5,562 | ▼ 11.5% |
| Profit (loss) for the period before taxes9903 | €12,417 | -€10,753 | ▼ 187% |
| Income taxes67/77 | €2,120 | €0 | ▼ 100% |
| Profit (loss) for the period9904 | €10,298 | -€10,753 | ▼ 204% |
| Profit (loss) for the period to be appropriated9905 | €10,298 | -€10,753 | ▼ 204% |
| Line | 2019 | 2020 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €355,733 | €364,383 | ▲ 2.4% |
| Fixed assets21/28 | €237,499 | €226,452 | ▼ 4.7% |
| Intangible fixed assets21 | €9,390 | €7,980 | ▼ 15.0% |
| Tangible fixed assets22/27 | €226,609 | €216,972 | ▼ 4.3% |
| Financial fixed assets28 | €1,500 | €1,500 | = |
| Current assets29/58 | €118,234 | €137,932 | ▲ 16.7% |
| Stocks and contracts in progress3 | €5,000 | €11,572 | ▲ 131% |
| Amounts receivable within one year40/41 | €85,010 | €93,990 | ▲ 10.6% |
| Cash at bank and in hand54/58 | €27,487 | €26,886 | ▼ 2.2% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €355,733 | €364,383 | ▲ 2.4% |
| Equity10/15 | €30,298 | €19,545 | ▼ 35.5% |
| Contributions10/11 | €20,000 | - | - |
| Profit (loss) carried forward14 | €10,298 | -€455 | ▼ 104% |
| Amounts payable17/49 | €325,436 | €344,839 | ▲ 6.0% |
| Amounts payable after more than one year17 | €145,467 | €119,477 | ▼ 17.9% |
| Amounts payable within one year42/48 | €77,512 | €79,677 | ▲ 2.8% |
| Trade debts44 | €17,717 | €51,504 | ▲ 191% |
| Line | 2019 | 2020 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €10,298 | -€10,753 | ▼ 204% |
| + Depreciation and write-downs630 | €58,062 | €30,802 | ▼ 47.0% |
| Operating cash flow (approximation) | €68,360 | €20,049 | ▼ 70.7% |
| Investment in fixed assets (approximation) | - | -€19,754 | - |
| Change in cash | - | -€601 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2022
06-07
Bankruptcy
Opening
Ondernemingsrechtbank Gent, afdeling Kortrijk · event 28-06-2022
2021
19-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
12-11
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 104 days late
SignalNBB filing
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Izegem · 1 establishment unit since 2018
Ground area
4.7 ha
Building footprint
1.4 ha
Volume, LiDAR
83,622 m³
Parcel 36494D0672/00N002, Flanders · tallest building 9.6 m, ±2 floors. Linked by address, not a title deed.
25
companies at this address
See who is registered here
1 establishment unit
Oxy-fun
since 20182.277.011.355
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 36494D0672/00N002 | Flanders | 4.7 ha | 1 · 1.4 ha | 9.6 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | Johan VYNCKIER ENGELSE WANDELING 74,
8510 MARKE |
28-06-2022 → present |
Public money · subsidies and aid
Flemish government
2022 · 1 entry · 7,338 EUR awarded · 7,338 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 1 | 7,338 EUR | 7,338 EUR |
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Of 1,520 companies in sector 93130 we hold annual accounts for 690. 498 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 (pre-2019)
Founded20-06-2018
Fiscal year end31-12
Activities, NACEBEL 2025
93130Fitness centres
66220Insurance agents and brokers
93299Other amusement and recreation activities
96220Beauty care and other beauty treatments
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.