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 1 of the last 3 fiscal years.
-
Two loss years in a row NBB
Negative result in 2022 and 2023.
-
Tight liquidity NBB
Cash and receivables cover 36 % of short-term debt in 2023; threshold 65 %.
-
Legal situation KBO
Opening faillissement according to the CBE.
Financials
Financial year 2023
F-Trade from Waregem, company number BE0657965450, closed financial year 2023 with a result of € -417,939 after tax. For that financial year F-Trade recorded a gross margin of € -41,067 and equity of € -329,680. Compared with financial year 2022, the result moved from € -469,493 to € -417,939. The company made a loss. 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 August 30, 2024.
€ -329,680
▼ € 417,939 vs 2022
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -417,939
▲ 11 % less loss than in 2022
Profit after tax over the fiscal year.
€ 60,292
▼ 80% vs 2022
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -639,680.
People and assets in 2023
3.7
▼ 0.1 vs 2022
Average over the fiscal year, from the social balance sheet.
€ 229,927
▼ 20% vs 2022
€ 62,100 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 17,845
▼ 47% vs 2022
Book value of vehicles, furniture and equipment.
Debts at end 2023
€ 974,708
▼ 14% vs 2022
€ 105,455 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 433,844
▲ 14% vs 2022
Supplier invoices still open on the last day of the fiscal year.
€ 639
▼ 94% vs 2022
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2021 | 2022 | 2023 | Change 2022 → 2023 | |
|---|---|---|---|---|
| Gross margin | € 386,048 | € -18,925 | € -41,067 | ▼ € 22,143 |
| Profit after taxes | € 168,147 | € -469,493 | € -417,939 | ▲ € 51,554 |
| Equity | € 557,751 | € 88,258 | € -329,680 | ▼ € 417,939 |
| Total debts | € 1,009,640 | € 1,726,077 | € 1,784,470 | ▲ 3% |
| Cash | € 628,622 | € 298,462 | € 60,292 | ▼ 80% |
| Land & buildings | - | - | € 2,647 | |
| Retained profit | € 247,751 | € -221,742 | € -639,680 | ▼ € 417,939 |
| Bank debt | € 249,782 | € 1,132,367 | € 974,708 | ▼ 14% |
| Balance sheet total | € 1,567,392 | € 1,814,335 | € 1,454,789 | ▼ 20% |
| Employees (FTE) | 2.2 | 3.8 | 3.7 | ▼ 0.1 |
Key figures of F-Trade, fiscal years 2021 to 2023, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2024 has not been filed yet; it was expected before 31 July 2025.
What happened to F-Trade?
What happened at F-Trade in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
F-Trade is active according to the CBE. Legal situation: Opening faillissement.
- New annual accounts for financial year 2023: loss of € 417,939. filed late Source: NBB ↗
- New establishment in Waregem. KBO
- IMAVEST BV became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 168,147 profit in 2021 to € 417,939 loss in 2023.
Paid € 49,814 in corporate taxes since 2021.
Best year ever: 2021, with € 168,147 profit.
On average € 175,500 of value added per employee in 2021.
A new publication or filing at F-Trade? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
The stake of Midori Group comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
F-TradeBehind F-Trade are MARC VERLEYEN, IMAVEST BV, DECITEX NV and KALINDA MS. The shares are held by Midori Group (100%).
Directors
According to the 2023 annual accounts
Managing director · represented by WERNER GOEMAERE
Also active at: ForGrass, Heimat, Midori Group, FEELDS SYNTHETIC TURF
since 2016
Director · represented by EMMANUEL TUYTENS
Also active at: DE ROBAERTBEEK, CONCORDIA TEXTILES, PurFi Manufacturing Belgium
Chairman of the board · represented by WALTER MASTELINCK
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Kalkhoevestraat 51
8790 Waregem
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Self-hosted
Hosting
COMBELL-AS, BE
Domain
Domain
feytray-adam.be
Registered
2024-11-21
Website info
Features
Security
Network
Details
- Company number
- 0657.965.450
- VAT number
- BE 0657.965.450
- Registered office
- Kalkhoevestraat 51, 8790 Waregem
- Names & denominations
- F-Trade
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Opening faillissement
- Start date
- 4 July 2016
- Peppol
- Not registered
- Contact
- feytray-adam.be
- Activities · NACE
Handelsbemiddeling in de niet-gespecialiseerde groothandel
Activiteiten van holdings
Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies
Groothandel in andere consumentenartikelen, neg
Activiteiten van adviesbureaus op het gebied van public relations en communicatie
Adviesbureaus op het gebied van public relations en communicatie
Overige adviesbureaus op het gebied van bedrijfsbeheer; adviesbureaus op het gebied van bedrijfsvoering
Holdings