Pig For Life
A bankruptcy procedure is open for Pig For Life according to publications in the Belgian State Gazette. The 2022 annual accounts show equity of €349k and a net result of €268k.
| Equity | €349k |
| Net result | €268k |
| Staff (FTE) | 4.7 |
| Better than sector | 54% |
Mixed profile: strong on profitability, weaker on stability.
All 5 axes are computed from data Checked has read.
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.
The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.
See plans →| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 30.5% | 28.3% | |
| Net result | €268k | €14k | |
| Equity | €349k | €209k | |
| Gross operating margin | €644k | €151k | |
| Total assets | €1.14M | €1.21M |
Show 14 other metrics
| Fiscal year | 2022 |
|---|---|
| Deposit | volledig |
| Revenue | - |
| EBITDA | €366k |
| Net profit | €268k |
| Cash flow | €349k |
| Staff costs | €278k |
| Income taxes | - |
| Dividends | - |
| Total assets | €1.14M |
| Equity | €349k |
| Debt | €795k |
| of which ≤ 1y | €508k |
| of which > 1y | €287k |
| Working capital | €463k |
| Employees (FTE) | 4.7 |
| 2022 | |
|---|---|
| Current ratio | 1.91 |
| Quick ratio | 1.91 |
| Working capital ratio | 40.5% |
| Solvency | 30.5% |
| Debt / equity | 2.28 |
| Long-term debt ratio | 0.82 |
| Interest coverage | 22.41 |
| Gross margin | - |
| Net margin | - |
| ROA | 23.5% |
| ROE | 76.9% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Full annual accounts (24 line items)
| Line item | Code | 2022 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €1.14M |
| Fixed assets | 21/28 | €173k |
| Intangible fixed assets | 21 | €124k |
| Tangible fixed assets | 22/27 | €48k |
| Financial fixed assets | 28 | €363 |
| Current assets | 29/58 | €971k |
| Amounts receivable within one year | 40/41 | €81k |
| Cash & bank | 54/58 | €884k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €1.14M |
| Equity | 10/15 | €349k |
| Contributions / capital | 10/11 | €408k |
| Reserves | 13 | €1k |
| Accumulated profits (losses) | 14 | €-60k |
| Amounts payable | 17/49 | €795k |
| Amounts payable after one year | 17 | €287k |
| Amounts payable within one year | 42/48 | €508k |
| Trade debts payable within one year | 44 | €95k |
| Income statement | ||
| Gross operating margin | 9900 | €644k |
| Operating result | 9901 | €285k |
| Financial income | 75 | €92 |
| Financial charges | 65 | €16k |
| Result before taxes | 9903 | €268k |
| Net result for the period | 9904 | €268k |
| Result to be appropriated | 9905 | €268k |
| Role | Name | Tenure | Source |
|---|---|---|---|
| Curator | FREDERIC HUART AVENUE DE LA TOISON D’OR 27,
6900 MARCHE-EN-FAMENNE |
07-06-2024 → present | Belgian State Gazette |
| NACE primary | Fokvarkenshouderijen(01461) |
| Legal form | Public limited company(014) |
| Incorporation | 23-07-2014 |
| Status | Active |
| Postal code | 6900 |
| First insolvency signal | 14-06-2024 |
| Latest insolvency signal | 14-06-2024 |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
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.
02-01-2023 Capital decrease of €312,000 to €408,000
- €720.000 → €408.000
Technical details
{
"events": [
{
"kind": "capital_decrease",
"after_eur": 408000.0,
"delta_eur": -312000.0,
"before_eur": 720000.0,
"share_emission": {
"agio_eur": null,
"share_form": null,
"share_class": null,
"n_new_shares": null,
"with_new_shares": false,
"nominal_value_eur": null,
"issue_price_per_share_eur": null
},
"decrease_purpose": "distribution_to_shareholders",
"contribution_type": null,
"paid_up_delta_eur": null,
"n_shares_destroyed": null,
"not_yet_called_eur": null,
"merger_new_shares_n": null,
"merger_exchange_ratio": null,
"distribution_amount_eur": 312000.0,
"statutory_unavailable_equity_op": null
}
],
"notary": {
"name": "Fr\u00E9d\u00E9ric DUMOULIN",
"firm_city": null,
"firm_name": "PI\u00C9RARD \u0026 DUMOULIN",
"office_city": "Marche-en-Famenne",
"is_associated": true
},
"act_meta": {
"language": "fr",
"pub_date": "2023-01-02",
"filing_date": "2022-12-29",
"act_kind_objet": "Objet de l\u0027acte:"
},
"decision": {
"body": "assembl\u00E9e_generale_extraordinaire",
"act_date": "2022-12-22",
"unanimous": null,
"under_authorized_capital": false,
"underlying_resolution_date": "2022-12-22"
},
"bedrijfsrevisor": null,
"subject_company": {
"kbo": "0556.784.750",
"name_full": "Pig For Life",
"legal_form": "Soci\u00E9t\u00E9 anonyme",
"is_foreign_registered": false
},
"publication_proxy": {
"kind": "none",
"org_kbo": null,
"org_name": null,
"person_name": null,
"org_rep_person_name": null,
"person_role_at_subject": null
},
"co_filed_documents": [
"expedition de l\u0027acte et de ses annexes",
"le texte coordonn\u00E9 des statuts"
],
"shareholders_after": [
{
"kbo": null,
"pct": null,
"kind": "org",
"name": "les fondateurs de la soci\u00E9t\u00E9",
"role": null,
"n_shares": 400,
"share_class": "A"
},
{
"kbo": null,
"pct": null,
"kind": "person",
"name": "actions dites actions \u00AB privil\u00E9gi\u00E9es \u00BB",
"role": null,
"n_shares": 250,
"share_class": "B"
},
{
"kbo": null,
"pct": null,
"kind": "org",
"name": "Soci\u00E9t\u00E9 \u00AB AVANTEA S.R.L. \u00BB",
"role": null,
"n_shares": 70,
"share_class": "C"
}
],
"share_classes_after": [
{
"n_shares": 400,
"class_name": "A",
"capital_share_eur": null,
"voting_rights_per_share": 1.0
},
{
"n_shares": 250,
"class_name": "B",
"capital_share_eur": null,
"voting_rights_per_share": 1.0
},
{
"n_shares": 70,
"class_name": "C",
"capital_share_eur": null,
"voting_rights_per_share": 1.0
}
]
}| Legal nameFR | Pig For Life |
| AbbreviationFR | PFL |