Skip to content
Checked.be
Complete company report
Generated 28-06-2026
Active BE 0698.641.312Private limited company (pre-2019)Open bankruptcy

Oxy-Fun

Krekelmotestraat 62 ·8870 Izegem, Belgium· 8 yrs active
Sector: NACE 93130 (93130)
Conclusion Checked

A bankruptcy procedure is open for Oxy-Fun according to publications in the Belgian State Gazette. The 2020 annual accounts show equity of €20k and a net result of €-455.

Based on the State Gazette, CBE and 2 annual accounts.
Key figures
Equity €20k
Net result €-455
Staff (FTE) 0.1
Active 8 yrs
Snowflake analysis 5 axes · computed by Checked
Health0Profitability0Solvency31Growth32Stability0
13 / 100

Fragile profile — watch health in particular.

Health 0
Profitability 0
Solvency 31
Growth 32
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 2020 · computed
0 / 100 Critical
050100

Unlock the full score breakdown, per-year score history and the indicative credit limit from Starter.

See plans →
Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative — not credit advice.
Financial overview2 NBB filings
Annual accounts filed on 19-07-2021 with the NBB · fiscal year 2020 · verkort
€-10k€0€10k€20kOperating result 2019: €18k€18kNet result 2019: €10k€10kOperating result 2020: €-5k€-5kNet result 2020: €-455€-45520192020
Operating resultNet result
EBITDA
€26k
-66.6% 19–20
Net profit
€-455
— 19–20
Cash flow
€30k
-55.6% 19–20
Total assets
€364k
+2.4% 19–20
Equity
€20k
-35.5% 19–20
Working capital
€58k
+43.1% 19–20
Employees (FTE)
0
-66.7% 19–20
Income taxes
€0
-100.0% 19–20
Debt
€345k
+6.0% 19–20
Debt ≤ 1y
€80k
+2.8% 19–20
Debt > 1y
€119k
-17.9% 19–20
Current ratio
1.73
+13.5% 19–20
Quick ratio
1.59
+8.6% 19–20
Solvency
5.4%
-37.0% 19–20
Debt / equity
6.11
+27.3% 19–20
ROE
-2.3%
— 19–20
ROA
-0.1%
— 19–20
Figures by fiscal year
Fiscal year2020
Revenue—
EBITDA€26k
Net profit€-455
Cash flow€30k
Staff costs—
Income taxes€0
Dividends—
Total assets€364k
Equity€20k
Debt€345k
of which ≤ 1y€80k
of which > 1y€119k
Working capital€58k
Employees (FTE)0.1
Ratios (computed)
2020
Current ratio1.73
Quick ratio1.59
Working capital ratio16.0%
Solvency5.4%
Debt / equity6.11
Long-term debt ratio6.11
Interest coverage—
Gross margin—
Net margin—
ROA-0.1%
ROE-2.3%
EBITDA margin—
Days sales outstanding—
Days payable outstanding—
Inventory turnover—
Days inventory (DSI)—
Balance-sheet composition 2020
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2020
Balance sheet — Assets
TOTAL ASSETS 20/58€364k
Fixed assets 21/28€226k
Intangible fixed assets 21€8k
Tangible fixed assets 22/27€217k
Financial fixed assets 28€2k
Current assets 29/58€138k
Stocks & contracts in progress 3€12k
Amounts receivable within one year 40/41€94k
Cash & bank 54/58€27k
Balance sheet — Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€364k
Equity 10/15€20k
Accumulated profits (losses) 14€-455
Amounts payable 17/49€345k
Amounts payable after one year 17€119k
Amounts payable within one year 42/48€80k
Trade debts payable within one year 44€52k
Income statement
Gross operating margin 9900€27k
Operating result 9901€-5k
Financial income 75€30
Financial charges 65€6k
Result before taxes 9903€-11k
Income taxes 67/77€0
Net result for the period 9904€-11k
Result to be appropriated 9905€-11k
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 Johan VYNCKIER
ENGELSE WANDELING 74, 8510 MARKE
 28-06-2022 → present Belgian State Gazette
Legal Structure
NACE primary 93130
Legal form Private limited company (pre-2019)(015)
Incorporation20-06-2018
StatusActive
Postal code8870
First BS signal 06-07-2022
Latest BS signal 06-07-2022
Company structure — linked entities1 linked entities
Oxy-FunBE 0698.641.312Johan VYNCKIERReceiver ↔ 10SUA CASA——
Mandates
↔ 1 of these mandate-holders are active on other cases — click any red card to open that KBO.
Establishment units 1 location
Oxy-fun
Krekelmotestraat 62, 8870 IzegemHandelsbemiddeling in de groothandel in andere specifieke goederen
since 20182.277.011.355
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.
36494D0672/00N002 Flanders 4.7 ha 1 · 1.4 ha 9.6 m · 2 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 3 events

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

2022
06-07-2022
Bankruptcy Opening
Ondernemingsrechtbank Gent, afdeling Kortrijk · OXY-FUN BV KREKELMOTE- STRAAT 62, 8870 IZEGEM · event 28-06-2022
2021
19-07-2021
NBB filing Annual accounts filed
fiscal year 2020 · verkort
2020
12-11-2020
NBB filing Annual accounts filed
fiscal year 2019 · verkort
Lifecycle & Insolvency Signals 1 events
06-07-2022
Bankruptcy Opening
Date: 28-06-2022 · Ondernemingsrechtbank Gent, afdeling Kortrijk · OXY-FUN BV KREKELMOTE- STRAAT 62, 8870 IZEGEM · Publications in State Gazette ↗
Time machine — BS events + macro context 2021 — 2026
COVID lockdownEnergiecrisisECB hikes2021202220232024202520262022-07-06 · Bankruptcy · Opening
Macro context
2020-Q2/Q3 COVID lockdown
2022 energy crisis
2023–2024 ECB rate hikes
Legend
Bankruptcy
Interim / reorg
KBO event
Credit advice verdict per customer and amount

Should this customer buy amount X on invoice? Enter the amount and payment terms — you get an instant GREEN/AMBER/RED verdict, with a suggested ceiling and concrete conditions.

Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.
AI due-diligence brief Checked AI

Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.

Coming soon
AI-generated from Checked data; indicative, not legal or investment advice.
Company registry (CBE) Crossroads Bank
Activities
Fitnesscentra93130Activiteiten van fitnesscentra93130Verzekeringsagenten en -makelaars66220Activiteiten van verzekeringsagenten en -makelaars66220Overige recreatie- en ontspanningsactiviteiten, n.e.g.93299Overige recreatie- en ontspanningsactiviteiten, neg93299Schoonheidsverzorging96022Schoonheidsverzorging en andere schoonheidsbehandelingen96220
Primary activity highlighted.
Names & trade names
Legal nameNL Oxy-Fun
Registered office
Krekelmotestraat 62
8870 Izegem, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
Similar companies Same NACE
EF SCHILDE BE 0687.583.510 · Aarschot
FitnFood4Fun BE 0656.760.670 · Malle
ATHOS TRAINING CENTER BE 0745.387.689 · Izegem
BEWEEGPUNT IZEGEM BE 0672.712.519 · Izegem
ISOGYM BE 0427.105.153 · Izegem
Source: Belgian State Gazette, CBE, NBB · generated via checked.be · indicative