OPENING OF BANKRUPTCY

FUN CONCEPT

Financial year 2021 · closed on 31/12/2021
Net result
8,4 k €
+175.9% YoY
Gross margin
51,2 k €
+1175.8% YoY
Equity
-8,7 k €
+49.1% YoY

Company — Opening of bankruptcy.

What does FUN CONCEPT do?

FUN CONCEPT is a Private company with limited liability incorporated in 2011. Its main activity is: Freight transport by road. Its registered office is in Zaventem.

Legal situation
Opening of bankruptcy
BCE/KBO no. / VAT
BE 0837.792.364
Incorporation
05/07/2011
Legal form
Private company with limited liability
Registered office
Leuvensesteenweg 613
1930 Zaventem · FlandreSee on map
Contributed capital
1 000,00 €
Latest accounts
31/12/2021
Signals
ProfitablePositive cashflowPositive EBITDA
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 8 financial years

20212020201920182017201620142012
Income statement
Gross margin51,2 k €4 k €935 €37 k €21,4 k €2,8 k €13 k €26,1 k €
EBITDA5,9 k €743,3 €-7,2 k €35,6 k €20,2 k €2,8 k €-1,7 k €8,6 k €
Operating result5,9 k €-10,5 k €-26,2 k €16,7 k €14,7 k €-1,9 k €-1,7 k €5,1 k €
Net result8,4 k €-11,1 k €-27,5 k €11,9 k €11,3 k €-1,9 k €-1,4 k €5,1 k €
Balance sheet
Equity-8,7 k €-17,2 k €-6,1 k €21,4 k €9,5 k €-1,9 k €221,8 €6,1 k €
Total assets94 k €77,1 k €58,9 k €104,3 k €32,5 k €22,1 k €221,8 €11,7 k €
Cash933,5 €9,8 k €8,6 k €7,3 k €
Debts102,8 k €94,3 k €65 k €82,9 k €23,1 k €24 k €5,6 k €
Governance

Board of directors

Seen on filing of 31/12/2021 · 1 active · 2 ended

Active mandates

ADNAN AZHARI

Director · since 20 octobre 2011

Active

Ended mandates

ADNAN AZHARI

Manager · since 20 octobre 2011

Ended
FOUAD FAHRI

Mandate

Ended
At this address

Other companies at this address

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BATUHAN BOUWBankrupt
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CNSTBankrupt
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D.F.P. GROUPActive
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GEVELSOLUTIONBankrupt
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MAPERBankrupt
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ROB ASSISTANCEBankrupt
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S/V FACTORYActive
0697.959.639
TIMTECH.PROActive
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T-TMCBankrupt
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VallkingActive
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Annual accounts

Full financial information

202120202019201820172016
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelAbridged model
Start of the financial year01/01/202101/01/202001/01/201901/01/201801/01/201701/01/2016
Closing of the financial year31/12/202131/12/202031/12/201931/12/201831/12/201731/12/2016
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date12/12/202225/03/202217/11/202028/08/201922/06/201822/08/2017
General meeting11/06/202212/06/202113/06/202008/06/201909/06/201810/06/2017
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

8 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202111/06/202212/12/2022DutchPDF
Micro model31/12/202012/06/202125/03/2022FrenchPDF
Micro model31/12/201913/06/202017/11/2020FrenchPDF
Micro model31/12/201808/06/201928/08/2019FrenchPDF
Micro model31/12/201709/06/201822/06/2018FrenchPDF
Abridged model31/12/201610/06/201722/08/2017FrenchPDF
Abridged model31/12/201430/06/201531/05/2016FrenchPDF
Abridged model31/12/201208/06/201326/08/2013FrenchPDF
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 31/12/2021 · 1 active · 2 ended

Active mandates

ADNAN AZHARI

Director · since 20 octobre 2011

Active

Ended mandates

ADNAN AZHARI

Manager · since 20 octobre 2011

Ended
FOUAD FAHRI

Mandate

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Registered office09/10/2020
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates22/07/2016
    SIEGE SOCIAL - DEMISSIONS, NOMINATIONS
    PDF
  • Mandates08/11/2011
    DEMISSIONS, NOMINATIONS
    PDF
  • Other25/07/2011
    RUBRIQUE CONSTITUTION (NOUVELLE PERSONNE MORALE, OUVERTURE SUCCURSALE, ETC...)
    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. 2021
    Annual accounts 20218,4 k €
  2. 2020
    Annual accounts 2020-11,1 k €
  3. 2019
    Annual accounts 2019-27,5 k €
  4. 2018
    Annual accounts 201811,9 k €
  5. 2017
    Annual accounts 201711,3 k €
  6. 2016
    Annual accounts 2016-1,9 k €
  7. 2014
    Annual accounts 2014-1,4 k €
  8. 2012
    Annual accounts 20125,1 k €
  9. 05/07/2011
    IncorporationPrivate company with limited liability