OPENING OF BANKRUPTCY

FUN LOGISTICS

Financial year 2022 · closed on 31/12/2022
Net result
25,8 k €
+386.6% YoY
Gross margin
784,5 k €
-19.1% YoY
Equity
242,2 k €
+11.9% YoY
Workforce
20,2 ETP
-12.2% YoY

Company — Opening of bankruptcy.

What does FUN LOGISTICS do?

FUN LOGISTICS is a Public limited company incorporated in 2011. Its registered office is in Brugge. It employs on average 20,2 ETP workers (FTE).

Legal situation
Opening of bankruptcy
BCE/KBO no. / VAT
BE 0837.350.025
Incorporation
27/06/2011
Legal form
Public limited company
Registered office
Koning Albert I-laan 244
8200 Brugge · FlandreSee on map
Contributed capital
61 500,00 €
Latest accounts
31/12/2022
Average workforce
20,2 ETP
Joint committees (2)
  • 140
  • 226
Signals
ProfitableSolid equityPositive cashflowHealthy social debts
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 11 financial years

20222021202020192018201720162015201420132012
Income statement
Gross margin784,5 k €969,6 k €
EBITDA-12,3 k €34,4 k €35,4 k €39,7 k €37,4 k €65,3 k €60,8 k €14,1 k €-66,7 k €133,6 k €137,6 k €
Operating result-12,3 k €34,4 k €35,4 k €39,7 k €37,4 k €65,3 k €60,8 k €14,1 k €-66,7 k €133,6 k €137,6 k €
Net result25,8 k €-9 k €4,1 k €20,2 k €17,6 k €34,1 k €47,5 k €13,4 k €-67,6 k €17 k €77,6 k €
Balance sheet
Equity242,2 k €216,5 k €225,5 k €221,3 k €201,2 k €183,5 k €149,5 k €101,9 k €88,5 k €156,1 k €139,1 k €
Total assets484,8 k €496,4 k €596,6 k €428,7 k €353,9 k €354,1 k €308 k €580,2 k €448,6 k €622,8 k €655,2 k €
Cash2,3 k €2,6 k €4,4 k €2,7 k €2,8 k €5,1 k €1 k €1,3 k €1 k €22,9 k €1,7 k €
Debts242,6 k €279,9 k €353,7 k €190 k €135,3 k €153,2 k €151,4 k €463 k €351,9 k €428,4 k €471,8 k €
Other
Workforce20,2 ETP23,0 ETP22,1 ETP22,2 ETP20,9 ETP21,0 ETP22,0 ETP21,7 ETP6,0 ETP11,2 ETP34,3 ETP
Governance

Board of directors

Seen on filing of 31/12/2022 · 3 active · 17 ended

Active mandates

ALGREEN CONSULTING

Director · since 30 septembre 2022 · until 26 mai 2028 · 0727.712.410

Represented by Délia GENTILINI

Active
BLUE VISION

Director · since 30 septembre 2022 · until 26 mai 2028 · 0825.642.917

Represented by Nicolas MARCHAND

Active
PARGECO

Managing director · since 30 septembre 2022 · until 26 mai 2028 · 0846.745.662

Represented by Thomas MARCHANDISE

Active

Ended mandates

NIELSATOR

Director · since 24 octobre 2018 · until 26 mai 2023 · 0636.742.048

Represented by Antoine Mettens

Ended
NIELSATOR

Director · since 24 octobre 2018 · until 26 mai 2023 · 0636.742.048

Represented by Antoine METTENS

Ended
PARGECO

Managing director · since 24 octobre 2018 · until 26 mai 2023 · 0846.745.662

Represented by Thomas Marchandise

Ended
PARGECO

Director · since 24 octobre 2018 · until 26 mai 2023 · 0846.745.662

Represented by Thomas MARCHANDISE

Ended
At this address

Other companies at this address

CompanyCBE no.
FUN ANTWERPENBankrupt
0861.310.114
FUN BELGIUMBankrupt
0440.072.766
FUN NOORDBankrupt
0479.170.496
FUN OOSTBankrupt
0479.170.201
FUN VLAANDERENBankrupt
0876.403.116
FUN WESTBankrupt
0479.170.397
FUN ZUIDBankrupt
0479.170.102
WIJNEN FEYSActive
0435.364.308
Annual accounts

Full financial information

202220212020201920182017
Type of accountAbridged modelAbridged modelFull modelFull modelFull modelFull model
Start of the financial year01/01/202201/01/202101/01/202001/01/201901/01/201801/01/2017
Closing of the financial year31/12/202231/12/202131/12/202031/12/201931/12/201831/12/2017
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date20/07/202314/07/202207/07/202121/06/202020/06/201903/07/2018
General meeting30/06/202307/07/202225/06/202129/05/202031/05/201929/06/2018
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

11 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202230/06/202320/07/2023DutchPDF
Abridged model31/12/202107/07/202214/07/2022DutchPDF
Full model31/12/202025/06/202107/07/2021DutchPDF
Full model31/12/201929/05/202021/06/2020DutchPDF
Full model31/12/201831/05/201920/06/2019DutchPDF
Full model31/12/201729/06/201803/07/2018DutchPDF
Full model31/12/201626/05/201723/06/2017DutchPDF
Full model31/12/201527/05/201627/06/2016DutchPDF
Full model31/12/201430/06/201524/07/2015DutchPDF
Full model31/12/201330/06/201428/07/2014DutchPDF
Full model31/12/201229/06/201329/07/2013DutchPDF
Estimate

Indicative valuation

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan
Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2022 · 3 active · 17 ended

Active mandates

ALGREEN CONSULTING

Director · since 30 septembre 2022 · until 26 mai 2028 · 0727.712.410

Represented by Délia GENTILINI

Active
BLUE VISION

Director · since 30 septembre 2022 · until 26 mai 2028 · 0825.642.917

Represented by Nicolas MARCHAND

Active
PARGECO

Managing director · since 30 septembre 2022 · until 26 mai 2028 · 0846.745.662

Represented by Thomas MARCHANDISE

Active

Ended mandates

NIELSATOR

Director · since 24 octobre 2018 · until 26 mai 2023 · 0636.742.048

Represented by Antoine Mettens

Ended
NIELSATOR

Director · since 24 octobre 2018 · until 26 mai 2023 · 0636.742.048

Represented by Antoine METTENS

Ended
PARGECO

Managing director · since 24 octobre 2018 · until 26 mai 2023 · 0846.745.662

Represented by Thomas Marchandise

Ended
PARGECO

Director · since 24 octobre 2018 · until 26 mai 2023 · 0846.745.662

Represented by Thomas MARCHANDISE

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates22/03/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates23/01/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates14/12/2022
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates30/07/2021
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates03/08/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates29/01/2019
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates27/09/2018
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates20/09/2017
    ONTSLAGEN - BENOEMINGEN
    PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 2022
    Annual accounts 202225,8 k €
  2. 2021
    Annual accounts 2021-9 k €
  3. 2020
    Annual accounts 20204,1 k €
  4. 2019
    Annual accounts 201920,2 k €
  5. 2018
    Annual accounts 201817,6 k €
  6. 2017
    Annual accounts 201734,1 k €
  7. 2016
    Annual accounts 201647,5 k €
  8. 2015
    Annual accounts 201513,4 k €
  9. 2014
    Annual accounts 2014-67,6 k €
  10. 2013
    Annual accounts 201317 k €
  11. 2012
    Annual accounts 201277,6 k €
  12. 27/06/2011
    IncorporationPublic limited company