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FERANKA

Active
Public limited company· 45 yrs active
Amsterdamstraat 1 ·2321 Hoogstraten, Belgium
Open bankruptcy
KBO/BCE: BE 0421.057.105
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Age45 yrs

Summary

Conclusion

the dossier summarised in one paragraph

A bankruptcy procedure is open for FERANKA according to publications in the Belgian State Gazette. The file additionally contains 1 administrative flag. The 2020 annual accounts show equity of €1.72M and a net result of €453k.

Based on the State Gazette, CBE and 3 annual accounts.

Bankruptcy probability (12 mo)

Checked model v1 · free for everyone

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.

Insolvency timeline

2 events
08-06-2026
Bankruptcy Opening
Date: 02-06-2026 · Ondernemingsrechtbank Antwerpen, afdeling Turnhout · FERANKA NV AMSTERDAM- STRAAT 1, 2321 MEER · Publications in State Gazette ↗

Signals

Insufficient current data: the most recent filed accounts (financial year 2020) are too old to derive current signals.

Filing behaviour

From the deposit records, complete market-wide
Filing behaviour not assessed
The register records an open bankruptcy. From that point the trustee files and the ordinary seven-month rhythm no longer governs. The register carries no start date, so we cannot tell which filings fall before it: we show the facts and do not assess the behaviour.
Filed after the deadline
The financial year that closed on 31-12-2020 was due by 31-07-2021 and was filed on 30-08-2021, 30 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.
How we compute the deadline
The year end is derived from 10 filed financial years, each closing on 31-12. The statutory deadline is seven months after the close of the financial year (art. 3:10 par. 1 CAC, art. 3:47 par. 7 for ASBL and foundations). Applied to the financial year that closed on 31-12-2020, that is 31-07-2021.
Deadline per financial year
Year closed Due by Filed Variance Reference
31-12-2025 31-07-2026 nothing on record not filed -
31-12-2024 31-07-2025 nothing on record not filed -
31-12-2023 31-07-2024 nothing on record not filed -
31-12-2022 31-07-2023 nothing on record not filed -
31-12-2021 31-07-2022 nothing on record not filed -
31-12-2020 31-07-2021 30-08-2021 30 d late 2021-59300552
31-12-2019 31-07-2020 09-09-2020 40 d late 2020-52200097
31-12-2018 31-07-2019 26-08-2019 26 d late 2019-50500269
31-12-2017 31-07-2018 27-08-2018 27 d late 2018-51300002
31-12-2016 31-07-2017 23-08-2017 23 d late 2017-46200265
31-12-2015 31-07-2016 24-08-2016 24 d late 2016-46600564
31-12-2014 31-07-2015 28-07-2015 3 d early 2015-35800062

Source: the National Bank's deposit records. Those records are complete, including for years whose figures we have not read yet. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.

Trust signals

2 signals
Register: open bankruptcy
The KBO register records legal situation 050 for this company. This is today's state according to the register itself; the register carries no start date.
Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.

Administrative Flags

1 event
Late accounts filing

Financials

TurnoverNot published (abbreviated filing)
EBIT marginNot published (abbreviated filing)
Net result€453k-13.0%
Working capital€377k+9.9%
Directors1

Annual accounts & ratios

Source: NBB · 2020
Annual accounts filed on 30-08-2021 with the NBB · fiscal year 2020 · verkort
€-500k€-250k€0€250k€500kOperating result 2018: €-323k€-323kNet result 2018: €454k€454kOperating result 2019: €-199k€-199kNet result 2019: €521k€521kOperating result 2020: €-286k€-286kNet result 2020: €453k€453k201820192020
Operating resultNet result
EBITDA
€34k
-71.9% 18-20
Net profit
€453k
-13.0% 18-20
Cash flow
€773k
-8.1% 18-20
Total assets
€2.32M
-11.0% 18-20
Equity
€1.72M
-9.9% 18-20
Working capital
€377k
+9.9% 18-20
Income taxes
€19k
- 18-20
Debt
€19k
0.0% 18-20
Show 6 other metrics
Debt ≤ 1y
€19k
0.0% 18-20
Current ratio
20.77
+9.4% 18-20
Quick ratio
20.77
+9.4% 18-20
Solvency
74.1%
+1.2% 18-20
ROE
26.4%
-3.4% 18-20
ROA
19.5%
-2.3% 18-20
Figures by fiscal year
Fiscal year2020
Depositverkort
Revenue-
EBITDA€34k
Net profit€453k
Cash flow€773k
Staff costs-
Income taxes-
Dividends-
Total assets€2.32M
Equity€1.72M
Debt€19k
of which ≤ 1y€19k
of which > 1y-
Working capital€377k
Employees (FTE)-
Ratios (computed)
2020
Current ratio20.77
Quick ratio20.77
Working capital ratio16.3%
Solvency74.1%
Debt / equity-
Long-term debt ratio-
Interest coverage-
Gross margin-
Net margin-
ROA19.5%
ROE26.4%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2020
Full annual accounts (20 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2020
Balance sheet, Assets
TOTAL ASSETS 20/58€2.32M
Fixed assets 21/28€1.92M
Tangible fixed assets 22/27€1.92M
Current assets 29/58€396k
Amounts receivable within one year 40/41€3k
Cash & bank 54/58€393k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€2.32M
Equity 10/15€1.72M
Contributions / capital 10/11€65k
Reserves 13€1.20M
Accumulated profits (losses) 14€453k
Provisions & deferred taxes 16€580k
Amounts payable 17/49€19k
Amounts payable within one year 42/48€19k
Income statement
Gross operating margin 9900€35k
Operating result 9901€-286k
Financial charges 65€72
Result before taxes 9903€-286k
Net result for the period 9904€-189k
Result to be appropriated 9905€-2k
This table shows the latest fiscal year. 2 prior years, with figures and ratios, belong to a paid plan. See plans →
Ratios computed by Checked.

Health barometer

FY 2020 · computed
12 / 100 Critical
050100
Computed from 4 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.

See plans →
Computed by Checked from the NBB filing for FY 2020 and an insolvency signal from the Belgian State Gazette. Indicative, not credit advice.

Directors

Directors & mandates

7 directors
14 of this company's 14 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing below: a director who resigned there may therefore still show here as sitting. See the acts under Publications.
Current directors & mandates
  • VAN VEEN Nico Hendrik Jan
    Enige bestuurder
    State Gazette act 23439840 (29-11-2023)
    Current
    15-02-2017 → present
    3 events
    • 29-11-2023 Appointed· Enige bestuurder
    • 23-01-2020 Appointed· Managing director
    • 15-02-2017 Appointed· Afgevaardigd bestuurder
Historic, not recently confirmed (4)
These mandates remain open in the register but have not been confirmed by a new act in over six years. They do not count as active directors.
  • Nico Machiel Hendrik Jan van Veen
    Director
    State Gazette act 20013856 (23-01-2020)
    Not recently confirmed
    last confirmed in an act from 2020
    3 events
    • 23-01-2020 Appointed· Director
    • 15-02-2017 Resigned· Director
    • 26-03-2015 Appointed· Director
  • Sylvia Holverda
    Director
    State Gazette act 20013856 (23-01-2020)
    Not recently confirmed
    last confirmed in an act from 2020
    2 events
    • 23-01-2020 Appointed· Director
    • 04-06-2004 Appointed· Managing director
  • Kirstin S.K. van Veen
    Director
    State Gazette act 07049259 (02-04-2007)
    Not recently confirmed
    last confirmed in an act from 2007
  • Nico M.H.J. van Veen jr.
    Director
    State Gazette act 07049259 (02-04-2007)
    Not recently confirmed
    last confirmed in an act from 2007
Former directors (2)
  • NICO MACHIEL HENDRIK JAN VAN VEEN junior
    Director
    State Gazette act 23111370 (29-08-2023)
    Former
    - → 29-08-2023
  • Sylvia Monica Holverda
    Director
    State Gazette act 17025089 (15-02-2017)
    Former
    01-06-2015 → 29-08-2023
    3 events
    • 29-08-2023 Resigned· Director
    • 15-02-2017 Appointed· Director
    • 01-06-2015 Appointed· Director
Full appointment history from the Belgian State Gazette. Permanent representatives are shown for corporate directors.This list is read straight from this company's published acts, not from the officer register.

Insolvency mandates

1 mandate
Role Name Tenure Source
Curator MARK BRUURS
ALPHENSEWEG 12, 2387 BAARLE- HERTOG
02-06-2026 → present Belgian State Gazette

Legal Structure

NACE primary -
Legal form Public limited company(014)
Incorporation13-10-1980
StatusActive
Postal code2321
First BS signal 08-06-2026
Latest BS signal 08-06-2026

Structure & network

Ownership & control

No ownership or control structure found in the sources.

For this we read shareholding and parent/subsidiary relations from the acts in the Belgian State Gazette, plus the board seats that legal entities hold in one another. Nothing of the sort is published for this company, which is common: most Belgian companies do not publish a shareholding structure.

1 court or liquidation mandate is on record for this company. Such a mandate is a fact about the company itself, not about a tie to another one: two bankruptcies handled by the same receiver are two separate cases. They are listed under Directors & mandates.

Locations & real estate

Registered office

from the Crossroads Bank
Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Amsterdamstraat 12321 Hoogstraten

Establishment units

1 location
Amsterdamstraat 1, 2321 Hoogstraten
Bemiddeling in onroerend goed
since 19802.018.410.345
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels1
Ground area6,676 m²
Buildings1
Building footprint1,304 m²
Volume (LiDAR)7,514 m³
Tallest building7.8 m · ±2 fl.

Real-estate footprint

Source: CBE × cadastre · address linking

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.
13020A0461/00F000 Flanders 6,676 m² 1 · 1,304 m² 7.8 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.

Publications

Lifecycle & Insolvency Signals

2 events from the State Gazette
08-06-2026
Bankruptcy Opening
Date: 02-06-2026 · Ondernemingsrechtbank Antwerpen, afdeling Turnhout · FERANKA NV AMSTERDAM- STRAAT 1, 2321 MEER · Publications in State Gazette ↗
Full insolvency chronology

The full chronology lists every recorded event with its date, the competent court and the appointed liquidator or administrator. It answers at which stage the proceedings stand and whether they are still running.

We hold 1 further earlier event in this file, covering 08-09-2025 to 02-06-2026.

Available in Kantoor S. See plans →

Time machine: BS events + macro context

2021-2026
COVID lockdownEnergiecrisisECB hikes2021202220232024202520262025-09-08 · KBO administration · Late accounts filing2026-06-08 · Bankruptcy · Opening
Macro context
2020-Q2/Q3 COVID lockdown
2022 energy crisis
2023-2024 ECB rate hikes
Legend
Bankruptcy
Interim / reorg
KBO event

Belgisch Staatsblad · acts

10 acts
Address history · 2
13-11-2017
Registered-office move
09-11-2015
Registered-office move
All acts · 10 updated 2 years ago
2023
29-11-2023 VAN VEEN Nico Hendrik Jan appointed as enige bestuurder Director changes
  • VAN VEEN Nico Hendrik Jan, Enige bestuurder
Summary: v3.2
29-08-2023 2 resigning Director changes
  • NICO MACHIEL HENDRIK JAN VAN VEEN junior, Bestuurder
  • SYLVIA MONICA HOLVERDA, Bestuurder
Summary: v3.2
2020
23-01-2020 3 directors appointed Director changes
  • Sylvia Holverda, Bestuurder
  • Nico Machiel Hendrik Jan van Veen, Bestuurder
  • Nico Hendrik Jan van Veen, Gedelegeerd bestuurder
Summary: v3.2
2017
13-11-2017 Registered office moved from Heist op den Berg to Hoogstraten Registered-office change·Notaris niet vermeld
  • Heist Goorstraat 42 A bus 3. 2220. Heist op den Berg → Amsterdamstraat 1. 2321. Hoogstraten. Belgie.
Notary: Notaris niet vermeld · Antwerpen, Mechelen
15-02-2017 2 directors appointed, 1 resigning Director changes
  • Nico Hendrik Jan van Veen, Afgevaardigd bestuurder
  • Sylvia Monica Holverda, Bestuurder
  • Nico Machiel Hendrik Jan van Veen, Bestuurder
Summary: v3.2
2015
09-11-2015 Registered office moved to Heist op den Berg Registered-office change·Sylvia Holverda
  • Londenstraat 3 → Heist Goorstraat 42 A bus 3, 2220 Heist op den Berg
Notary: Sylvia Holverda · Turnhout
01-06-2015 SYLVIA MONICA HOLVERDA appointed as director Director changes
  • SYLVIA MONICA HOLVERDA, Bestuurder
Summary: v3.2
26-03-2015 NICO MACHIEL HENDRIK JAN VAN VEEN appointed as director Director changes
  • NICO MACHIEL HENDRIK JAN VAN VEEN, Bestuurder
Summary: v3.2
2007
02-04-2007 2 directors appointed Director changes
  • Nico M.H.J. van Veen jr., Bestuurder
  • Kirstin S.K. van Veen, Bestuurder
Summary: v3.2
2004
04-06-2004 Sylvia Holverda appointed as managing director Director changes
  • Sylvia Holverda, Gedelegeerd bestuurder
Summary: v3.2

Analysis

Financial profile

5 of 5 axes measured
Health12Profitability100Solvency100Growth32Stability0
49 / 100

Mixed profile: strong on profitability, weaker on stability.

All 5 axes are computed from data Checked has read.

Health 12
Profitability 100
Solvency 100
Growth 32
Stability 0

Credit advice

verdict per customer and amount

May this customer buy amount X on invoice? Enter the amount and the payment term. This page computes a GREEN, AMBER or RED verdict from them, with a suggested ceiling and concrete conditions.

Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.

Company registry

Company registry (CBE)

Crossroads Bank
Names & trade names
Legal nameNL FERANKA
Registered office
Amsterdamstraat 1
2321 Hoogstraten, Belgium
Registration history
  1. 08-09-2025 Late accounts filing
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.