Bankrupt · Opening faillissement (CBE)

Euro Products Franka

BE0635701574

Rechtspersoon Private limited company

Boektveldstraat 15, 3600 Genk

Behind the company: Kadir Guneser.

Start date

21 August 2015

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

  • Negative equity NBB

    More debt than assets in 2 of the last 2 fiscal years.

  • Tight liquidity NBB

    Cash and receivables cover 2 % of short-term debt in 2021; threshold 65 %.

  • Legal situation KBO

    Opening faillissement according to the CBE.

Financials

Financial year 2021

Euro Products Franka from Genk, company number BE0635701574, closed financial year 2021 with a result of € 0 after tax. Compared with financial year 2020, the result moved from € 0 to € 0. Around break-even. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on November 23, 2022.

What it is worth Caution

€ -11.5 million

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit

€ 0

Profit after tax over the fiscal year.

Cash in the bank

€ 877

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Growing

Stays in the company

No dividend for 2021. Retained profit grew to € -11.5 million.

People and assets in 2021

Full-time equivalents estimate

≈ 1

No payroll staff. One director, so that person most likely runs the business.

Vehicles and equipment

€ 1,181

Book value of vehicles, furniture and equipment.

Debts at end 2021

Bank debt

€ 14,320

Loans from banks and other lenders, long and short.

Owed to suppliers

€ 11.7 million

Supplier invoices still open on the last day of the fiscal year.

Taxes

€ 2,729

Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.

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Key figures per fiscal year Download key figures (CSV)
20202021Change 2020 → 2021
Equity € -11,521,495 € -11,521,495
Total debts € 11,729,208 € 11,729,208
Cash € 877 € 877
Retained profit € -11,540,095 € -11,540,095
Bank debt € 14,320 € 14,320
Balance sheet total € 207,713 € 207,713

Key figures of Euro Products Franka, fiscal years 2020 to 2021, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2022 has not been filed yet; it was expected before 31 July 2023.

What happened to Euro Products Franka?

What happened at Euro Products Franka in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Euro Products Franka is active according to the CBE. Legal situation: Opening faillissement.

  • New annual accounts for financial year 2020: profit of € 0. filed late Source: NBB ↗
  • Start of the company according to the CBE. KBO

In short

From € 0 profit in 2020 to € 0 profit in 2021.

Management

Kadir Guneser
Euro Products Franka

Behind Euro Products Franka is Kadir Guneser.

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Directors

According to the 2021 annual accounts

Kadir Guneser

Director

Establishments

Establishment units

Physical locations of this company

Registered office

Boektveldstraat 15

3600 Genk

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number
0635.701.574
VAT number
BE 0635.701.574
Registered office
Boektveldstraat 15, 3600 Genk
Names & denominations
Euro Products Franka
Enterprise type
Rechtspersoon
Legal form
Private limited company
Legal situation
Opening faillissement
Start date
21 August 2015
Peppol
Not registered

Frequently asked questions

What is the address of Euro Products Franka?
The registered office of Euro Products Franka is located at Boektveldstraat 15, 3600 Genk.
Is Euro Products Franka still active?
No. The CBE lists Euro Products Franka with legal situation “Opening faillissement”. The date of the court ruling is published in the Belgian Official Gazette; the register does not carry it.
Is Euro Products Franka registered on Peppol?
No, Euro Products Franka is currently not registered on the Peppol network.
What is the enterprise number of Euro Products Franka?
The enterprise number of Euro Products Franka is BE0635701574.
When was Euro Products Franka founded?
Euro Products Franka was founded on 21 August 2015.
Who owns Euro Products Franka?
Behind Euro Products Franka is Kadir Guneser.