Bankrupt · Opening faillissement (CBE)

FAUSTO'S

BE0761494936

Rechtspersoon Private limited company 1 establishment

FAUSTO'S is a clothing shop in Roeselare. Private Limited, started on 12 January 2021, 1 establishment.

De Munt 38, 8800 Roeselare

Behind the company: Gekrikom BV.

Start date

12 January 2021

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 3 fiscal years.

  • Two loss years in a row NBB

    Negative result in 2022 and 2023.

  • Tight liquidity NBB

    Cash and receivables cover 2 % of short-term debt in 2023; threshold 65 %.

  • Legal situation KBO

    Opening faillissement according to the CBE.

Financials

Financial year 2023

FAUSTO'S from Roeselare, company number BE0761494936, closed financial year 2023 with a result of € -59,289 after tax. For that financial year FAUSTO'S recorded a gross margin of € 19,018 and equity of € -61,777. Compared with financial year 2022, the result moved from € -13,686 to € -59,289. 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.

What it is worth Caution

€ -61,777

▼ € 59,289 vs 2022

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

Loss Caution

€ -59,289

▼ 333 % more loss than in 2022

Profit after tax over the fiscal year.

Cash in the bank

€ 2,824

▼ 5% vs 2022

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

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € -81,777.

People and assets in 2023

Full-time equivalents

1

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 64,460

▲ 55% vs 2022

€ 64,500 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.

Debts at end 2023

Bank debt

€ 25,000

▲ 25% vs 2022

Loans from banks and other lenders, long and short.

Owed to suppliers

€ 79,843

▲ 30% vs 2022

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

Taxes and wages

€ 13,303

▼ 43% vs 2022

Taxes, VAT and social contributions still to pay.

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Key figures per fiscal year Download key figures (CSV)
202120222023Change 2022 → 2023
Gross margin € 20,832 € 35,929 € 19,018 ▼ 47%
Profit after taxes € -8,802 € -13,686 € -59,289 ▼ € 45,603
Equity € 11,198 € -2,488 € -61,777 ▼ € 59,289
Total debts € 95,642 € 107,656 € 160,834 ▲ 49%
Cash € 8,245 € 2,987 € 2,824 ▼ 5%
Land & buildings € 26,051 € 25,157 € 24,263 ▼ 4%
Retained profit € -8,802 € -22,488 € -81,777 ▼ € 59,289
Bank debt € 20,000 € 20,000 € 25,000 ▲ 25%
Balance sheet total € 106,840 € 105,168 € 99,056 ▼ 6%
Employees (FTE) 1 1 1

Key figures of FAUSTO'S, 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 FAUSTO'S?

What happened at FAUSTO'S in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

FAUSTO'S is active according to the CBE. Legal situation: Opening faillissement.

  • New annual accounts for financial year 2023: loss of € 59,289. filed late Source: NBB ↗
  • New establishment in Roeselare. KBO
  • Gekrikom BV became a director. NBB
  • Start of the company according to the CBE. KBO

In short

From € 8,802 loss in 2021 to € 59,289 loss in 2023.

On average € 19,000 of value added per employee in 2023.

Management

The stake of GEKRIKOM comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

FAUSTO'S

Behind FAUSTO'S is Gekrikom BV. The shares are held by GEKRIKOM (50%).

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Directors

According to the 2023 annual accounts

Gekrikom BV

Director · represented by Verstraete GEERT

since 2021

Shareholders

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

De Munt 38

8800 Roeselare

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

Details

Company number
0761.494.936
VAT number
BE 0761.494.936
Registered office
De Munt 38, 8800 Roeselare
Names & denominations
FAUSTO'S
Enterprise type
Rechtspersoon
Legal form
Private limited company
Legal situation
Opening faillissement
Start date
12 January 2021
Peppol
Not registered
Activities · NACE

Detailhandel in herenbovenkleding

Detailhandel in schoeisel

Detailhandel in baby- en kinderbovenkleding

Detailhandel in damesbovenkleding

Interieurontwerp

Reparatie en onderhoud van meubelen en stoffering

Detailhandel in kledingaccessoires

Activiteiten van interieurdecorateurs

Frequently asked questions

What does FAUSTO'S do?
FAUSTO'S is a clothing shop in Roeselare. Private Limited, started on 12 January 2021, 1 establishment.
What is the address of FAUSTO'S?
The registered office of FAUSTO'S is located at De Munt 38, 8800 Roeselare.
Is FAUSTO'S still active?
No. The CBE lists FAUSTO'S 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 FAUSTO'S registered on Peppol?
No, FAUSTO'S is currently not registered on the Peppol network.
What is the enterprise number of FAUSTO'S?
The enterprise number of FAUSTO'S is BE0761494936.
When was FAUSTO'S founded?
FAUSTO'S was founded on 12 January 2021.