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FUN ANTWERPEN

Open bankruptcy
Public limited companyfounded 2003Koning Albert I-laan 244, 8200 Brugge, BelgiumKBO/BCE: BE 0861.310.114
Summary

A bankruptcy procedure is open for FUN ANTWERPEN according to publications in the Belgian State Gazette. The 2022 annual accounts show negative equity (€-513k) and a net result of €136k.

Signals

Three signals. The signal on the left, the evidence on the right.
+raises riskneutral
raises risk · Register: open bankruptcy
The KBO register records the legal situation: open bankruptcy. This is today's state according to the register itself; the register carries no start date.
KBO · legal situation
raises risk · Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Belgian State Gazette
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 24-07-2023, 7 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
7 d early
2021
17 d early
2020
24 d early
2019
40 d early
← before the deadline after the deadline →
Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2022, abbreviated schema

Turnover
€1.54M▲ 71.0%
2020 · €902k
2018: €1.12M 2019: €1.10M 2020: €902k
2018 → 2021
EBIT margin
19.8%▲ 26.5pp
2020 · -6.6%
2018: -14.1% 2019: -14.1% 2020: -6.6%
2018 → 2021
Net result
€136k▼ 53.7%
2021 · €293k
2018: €-165k 2019: €-162k 2020: €-67k 2021: €293k
2018 → 2022
Working capital
€-313k▲ 51.8%
2021 · €-649k
2018: €-703k 2019: €-860k 2020: €-920k 2021: €-649k
2018 → 2022
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20182019202020212022Trend
Turnover€1.12M-€1.10M▼ 1.5%€902k▼ 18.3%€1.54M▲ 71.0%
Equity€-713k-€-875k▼ 22.8%€-942k▼ 7.7%€-649k▲ 31.1%€-513k▲ 20.9%
Operating result€-158k-€-155k▲ 2.0%€-60k▲ 61.5%€306k€145k▼ 52.6%
Net result€-165k-€-162k▲ 1.5%€-67k▲ 58.4%€293k€136k▼ 53.7%
Result per fiscal year
Operating resultNet result
€-200k€0€200k€400kOperating result 2018: €-158k€-158kNet result 2018: €-165k€-165kOperating result 2019: €-155k€-155kNet result 2019: €-162k€-162kOperating result 2020: €-60k€-60kNet result 2020: €-67k€-67kOperating result 2021: €306k€306kNet result 2021: €293k€293kOperating result 2022: €145k€145kNet result 2022: €136k€136k20182019202020212022€-100k€0€100k€200k€300kOperating result 2020: €-60k€-60kNet result 2020: €-67k€-67kOperating result 2021: €306k€306kNet result 2021: €293k€293kOperating result 2022: €145k€145kNet result 2022: €136k€136k202020212022
The operating result falls in 2022; 2022 is 53% below 2021.
Key figures and ratios
2022 value · change against 2021
Debt
€516k
2021 · €653k
Debt ≤ 1 year
€315k
2021 · €653k
Debt > 1 year
€200k
Income taxes
€700
2021 · €585
Staff costs
€1.18M
2021 · €1.09M
Ratios withheld: a balance sheet total of €3k is too small for a meaningful ratio.
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 · 2022 against 2021 · 40 lines
Balance sheet Code20212022
Assets
Total assets20/58€4k€3k
Current assets29/58€4k€3k
Amounts receivable within one year40/41€675-
Trade receivables40€0-
Other amounts receivable41€675-
Cash at bank and in hand54/58€3k€3k
Equity and liabilities
Total equity and liabilities10/49€4k€3k
Equity10/15€-649k€-513k
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Profit (loss) carried forward14€-710k€-575k
Amounts payable17/49€653k€516k
Amounts payable after more than one year17-€200k
Trade debts175-€200k
Amounts payable within one year42/48€653k€315k
Trade debts44€404k€38k
Suppliers440/4€404k€38k
Taxes, remuneration and social security45€232k€254k
Taxes450/3€66k€84k
Remuneration and social security454/9€167k€170k
Other amounts payable47/48€16k€24k
Income statement Code20212022
Turnover70€1.54M-
Non-recurring operating income76A€15k-
Goods, raw materials, services and sundry goods60/61€209k-
Remuneration, social security and pensions62€1.09M€1.18M
Other operating charges640/8€2k€5k
Gross operating margin9900€1.40M€1.33M
Operating profit (loss)9901€306k€145k
Financial income75/76B€717€1k
Recurring financial income75€717€1k
Financial charges65/66B€13k€10k
Recurring financial charges65€13k€10k
Profit (loss) for the period before taxes9903€294k€136k
Income taxes67/77€585€700
Profit (loss) for the period9904€293k€136k
Profit (loss) for the period to be appropriated9905€293k€136k
Appropriation of the result
Profit (loss) to be appropriated9906€-710k€-575k
Profit (loss) brought forward from the previous period14P€-1.00M€-710k
Social balance
Average headcount (FTE)908728.229.0

The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

2024
21-02
Bankruptcy Opening
Ondernemingsrechtbank Gent, afdeling Brugge · FUN ANTWERPEN NV KONING ALBERT I-LAAN 244, 8200 BRUGGE · event 16-02-2024
2023
24-07
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
14-07
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial Back to profitnet €293k
Net result €293k after 3 loss-making years.
07-07
NBB filing Annual accounts filed
fiscal year 2020 · full schema
2020
21-06
NBB filing Annual accounts filed
fiscal year 2019 · full schema
2019
20-06
NBB filing Annual accounts filed
fiscal year 2018 · full schema
2018
03-07
NBB filing Annual accounts filed
fiscal year 2017 · full schema
2017
23-06
NBB filing Annual accounts filed
fiscal year 2016 · full schema
2016
27-06
NBB filing Annual accounts filed
fiscal year 2015 · full schema
2015
24-07
NBB filing Annual accounts filed
fiscal year 2014 · full schema
2014
28-07
NBB filing Annual accounts filed
fiscal year 2013 · full schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
13 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, Brugge · 6 establishment units since 2006
establishment approximate All 6 establishment units on the map
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.

Koning Albert I-laan 2448200 Brugge
Ground area
2.5 ha
Building footprint
1.3 ha
Volume, LiDAR
68,798 m³
7 parcels, Flanders · tallest building 12.9 m, ±4 floors. Linked by address, not a title deed.
6 establishment units
Fun Antwerpen
Turnhoutsebaan 403, 2970 SchildeNACE 7450101
since 20062.151.072.394
Fun Antwerpen
Mechelsesteenweg 44, 2650 EdegemNACE 7450101
since 20062.151.072.592
Fun Antwerpen
Boomse Steenweg 86, 2627 SchelleNACE 7450101
since 20062.151.072.691
FUN LIER
Antwerpsesteenweg 366, 2500 LierAgents in non-specialised wholesale trade
since 20092.179.692.443
Fun Ninove
Brusselsesteenweg 248, 9400 NinoveAgents in non-specialised wholesale trade
since 20112.199.595.655
Fun Turnhout
Steenweg op Gierle 339, 2300 TurnhoutRetail trade
since 20142.233.764.696
7 parcels
Flanders 7 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
12392A0312/00T000 Flanders 1.2 ha 1 · 4,716 m² 8.6 m · 2 fl.
31030A0675/04N000 Flanders 4,199 m² 1 · 1,545 m² -
11039A0551/00T000 Flanders 3,043 m² 1 · 1,429 m² 8.8 m · 2 fl.
11038C0288/00P000 Flanders 2,233 m² - -
11472B0163/00E003 Flanders 2,001 m² 1 · 2,001 m² -
13453O0904/00E010 Flanders 1,426 m² 1 · 2,913 m² 12.9 m · 4 fl.
41362B1240/00S005indicative Flanders 469 m² 1 · 178 m² 9.7 m · 2 fl.
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 6
6 of 7 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Insolvency mandates

3 mandates
Role Name Tenure
Curator RIK CRIVITS
EZELSTRAAT 25, 8000 BRUGGE-
16-02-2024present
Curator ASTRID LESCOUHIER
EZEL- STRAAT 25, 8000 BRUGGE
16-02-2024present
Curator JENS VREBOS
EZELSTRAAT 25, 8000 BRUGGE-
16-02-2024present

Recognitions · licences · registrations

Food safety, FASFC

1 site
Ninove2.199.595.655
1 permission
Verkooppunt LM>3 maand · since 02-01-2020

Similar companies · same sector, comparable size

Of 2,102 companies in sector 47640 we hold annual accounts for 906. 616 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
Founded27-10-2003
Fiscal year end31-12
Activities, NACEBEL 2025
47640Retail sale of games and toys
46180Agents specialised in the wholesale of other particular products
70200Business and other management consultancy
Sources
Crossroads Bank for EnterprisesNational Bank · 19 filingsAddress and cadastre registers

Scores and ratios are computed by Checked and are not a credit decision.