FOB
Open bankruptcyA bankruptcy procedure is open for FOB according to publications in the Belgian State Gazette; curator: EMMELINE MARREYT.
Summary
The 2023 annual accounts show equity of €670k and a net result of €-112k.
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 19-09-2024, 50 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 · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
50 d late
2022
105 d late
2021
66 d late
2020
80 d late
2019
53 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2023, abbreviated schema
Turnover
€807k
EBIT margin
3.1%
Net result
€-112k
2022 · €515
2019: €17k
2020: €-6k
2021: €146k
2022: €515
2019 → 2023
Working capital
€234k▼ 29.5%
2022 · €331k
2019: €329k
2020: €336k
2021: €321k
2022: €331k
2019 → 2023
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20192020202120222023Trend
Turnover€807k-
Equity€692k-€686k▼ 0.9%€782k▲ 14.0%€782k▲ 0.1%€670k▼ 14.3%
Operating result€25k-€51k▲ 105%€175k▲ 246%€2k▼ 99.0%€-108k
Net result€17k-€-6k€146k€515▼ 99.6%€-112k
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 2023: a loss of €108k after €2k in 2022, the lowest result in the available series.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €1.03M
Fixed assets
€437k ▼ 3.1%
Current assets
€595k ▲ 5.6%
Equity and liabilities €1.03M
Equity
€670k ▼ 14.3%
Debt
€362k ▲ 55.7%
Debt's share of the balance-sheet total rises from 22.9% to 35.0%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-86k▼
2022 · €24k
Cash flow
€-90k▼
2022 · €23k
Current ratio
1.65▼
2022 · 2.43
Debt to equity
0.54▲
2022 · 0.30
ROE
-16.7%▼
2022 · 0.1%
ROA
-10.8%▼
2022 · 0.1%
Interest coverage
-21.22▼
2022 · 34.61
Debt ≤ 1 year
€361k▲
2022 · €232k
Income taxes
€0▼
2022 · €695
Staff costs
€265k▲
2022 · €129k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2023 against 2022 · 54 lines
Balance sheet
Code20222023
Assets
Total assets20/58€1.01M€1.03M▲
Fixed assets21/28€451k€437k▼
Intangible fixed assets21€46k€36k▼
Tangible fixed assets22/27€47k€38k▼
Land and buildings22€8k€8k▼
Plant, machinery and equipment23€39k€30k▼
Furniture and vehicles24€0-
Financial fixed assets28€358k€363k▲
Current assets29/58€563k€595k▲
Amounts receivable within one year40/41€558k€584k▲
Trade receivables40€0€35k▲
Other amounts receivable41€558k€550k▼
Cash at bank and in hand54/58€4k€10k▲
Deferred charges and accrued income490/1€1k€521▼
Equity and liabilities
Total equity and liabilities10/49€1.01M€1.03M▲
Equity10/15€782k€670k▼
Contributions10/11€124k€124k=
Capital10€124k€124k=
Issued capital100€124k€124k=
Reserves13€657k€545k▼
Non-distributable reserves130/1€12k€12k=
Legal reserve130€12k€12k=
Distributable reserves133€645k€533k▼
Profit (loss) carried forward14€806€859▲
Amounts payable17/49€232k€362k▲
Amounts payable within one year42/48€232k€361k▲
Trade debts44€4k€87k▲
Suppliers440/4€4k€87k▲
Taxes, remuneration and social security45€45k€55k▲
Taxes450/3€32k€36k▲
Remuneration and social security454/9€14k€20k▲
Other amounts payable47/48€183k€219k▲
Accrued charges and deferred income492/3€347€509▲
Income statement
Code20222023
Remuneration, social security and pensions62€129k€265k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€22k€22k▼
Other operating charges640/8€4k€7k▲
Gross operating margin9900€158k€187k▲
Operating profit (loss)9901€2k€-108k▼
Financial income75/76B€231€19▼
Recurring financial income75€231€19▼
Financial charges65/66B€698€4k▲
Recurring financial charges65€698€4k▲
Profit (loss) for the period before taxes9903€1k€-112k▼
Income taxes67/77€695€0▼
Profit (loss) for the period9904€515€-112k▼
Profit (loss) for the period to be appropriated9905€515€-112k▼
Appropriation of the result
Profit (loss) to be appropriated9906€806€-111k▼
Profit (loss) brought forward from the previous period14P€291€806▲
Transfer from equity791/2-€112k
Transfer to equity691/2€0-
To other reserves6921€0-
Profit to be distributed694/7€0-
Directors or managers695€0-
Social balance
Average headcount (FTE)90873.05.4▲
The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
02-06
Bankruptcy
Opening
Ondernemingsrechtbank Gent, afdeling Oostende · FOB NV ZEEDIJK 12, 8420 DE HAAN · event 26-05-2025
2024
19-09
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 50 days late
2023
31-12
Financial
Weakest financial yearnet €-112k ▼21858%
Net result drops to €-112k, the lowest in the series.
13-11
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 105 days late
2022
05-10
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 66 days late
2021
31-12
Financial
Back to profitnet €146k
Net result €146k after one loss-making year.
19-10
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 80 days late
2020
22-09
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 53 days late
2018
30-05
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 303 days late
2016
30-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
2015
30-06
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema
2014
25-07
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema
2013
02-07
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.
Directors · office · real estate
Directors
6 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, De Haan · 1 establishment unit since 2021
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.
Zeedijk 128420 De Haan1 establishment unit
Tiffany's
since 20212.316.655.552
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | EMMELINE MARREYT PRINSENLAAN 2,
8400 OOSTENDE |
26-05-2025 → present |
Recognitions · licences · registrations
Food safety, FASFC
1 siteDe Haan2.316.655.552
Similar companies · same sector, comparable size
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Of 129 companies in sector 01479 we hold annual accounts for 46. 37 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded22-09-1995
Fiscal year end31-12
Activities, NACEBEL 2025
01479Crop and animal production, hunting and related service activities
46649Wholesale of other machinery and equipment
55100Hotels and similar accommodation
56111Full-service restaurants
56112Limited-service restaurants, excluding mobile food services
Sources
Crossroads Bank for EnterprisesNational Bank · 26 filings
Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:hoteldesbrasseurs@hotmail.com
General meetings
1 convocationOrdinary general meeting
Agenda
Rapport conseil d’administration. Approba- tion comptes annuels au 31.12.2003. Affectation résultat. Décharge aux administrateurs. Démission d’un administrateur. Divers. (73699) « F.D. Advice », société anonyme, rue Bruyère Seutine 10, 7912 Dergneau (Frasnes-lez-Anvaing) R.C. Tournai 404 — NN 458.275.708 L’assemblée générale ordinaire se réunira au siège social, le 11.05.2004, à 18 heures. — Ordre du jour : 1. Rapport de gestion du conseil d’administration. 2. Approbation des comptes annuels au 31.12.2003. 3. Affectation des résultats. 4. Décharge aux administrateurs. 5. Divers. (73700) « Fashion Service », naamloze vennootschap, Preenakker 6, 1785 Merchtem H.R. Brussel 590896 — BTW 454.952. ...