Bankrupt · Opening faillissement (CBE)

FUN LOGISTICS

BE0837350025

Rechtspersoon Public limited company 2 establishments

Koning Albert I-laan 244, 8200 Brugge

Start date

27 June 2011

Warning lights

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

  • Tight liquidity NBB

    Cash and receivables cover 6 % of short-term debt in 2022; threshold 65 %.

  • Legal situation KBO

    Opening faillissement according to the CBE.

Financials

Financial year 2022

FUN LOGISTICS from Brugge, company number BE0837350025, closed financial year 2022 with a result of € 25,754 after tax. For that financial year FUN LOGISTICS recorded a gross margin of € 784,477 and equity of € 242,231. Compared with financial year 2021, the result moved from € -8,986 to € 25,754. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 20, 2023.

What it is worth Growing

€ 242,231

▲ 12% vs 2021

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

Profit Growing

€ 25,754

▲ still € 8,986 loss in 2021

Profit after tax over the fiscal year.

Cash in the bank

€ 2,266

▼ 13% vs 2021

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

Where the profit goes Growing

Stays in the company

No dividend for 2022. Retained profit grew to € 180,731.

People and assets in 2022

Full-time equivalents

20.2

▼ 2.8 vs 2021

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

Wage cost

€ 791,398

▼ 15% vs 2021

€ 39,200 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 2022

Bank debt

None

No bank loans on the last day of the fiscal year.

Owed to suppliers

€ 149,319

▲ 29% vs 2021

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

Taxes and wages

€ 93,254

▼ 43% vs 2021

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
20212022Change 2021 → 2022
Revenue € 1,442,526 -
Gross margin € 969,595 € 784,477 ▼ 19%
Profit after taxes € -8,986 € 25,754 ▲ € 34,740
Equity € 216,478 € 242,231 ▲ 12%
Total debts € 279,948 € 242,573 ▼ 13%
Cash € 2,618 € 2,266 ▼ 13%
Retained profit € 154,978 € 180,731 ▲ 17%
Balance sheet total € 496,426 € 484,805 ▼ 2%
Employees (FTE) 23 20.2 ▼ 2.8

Key figures of FUN LOGISTICS, fiscal years 2021 to 2022, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2023 has not been filed yet; it was expected before 31 July 2024.

What happened to FUN LOGISTICS?

What happened at FUN LOGISTICS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

FUN LOGISTICS is active according to the CBE. Legal situation: Opening faillissement.

  • PARGECO BV stepped down as director. NBB
  • ALGREEN CONSULTING BV stepped down as director. NBB
  • BLUE VISION BV stepped down as director. NBB
  • New annual accounts for financial year 2022: profit of € 25,754. Source: NBB ↗
  • PARGECO BV became a director. NBB
  • ALGREEN CONSULTING BV became a director. NBB
  • BLUE VISION BV became a director. NBB
  • New establishment in Brugge. KBO

In short

From € 8,986 loss in 2021 to € 25,754 profit in 2022.

Paid € 40,331 in corporate taxes since 2021.

Best year ever: 2022, with € 25,754 profit.

On average € 38,800 of value added per employee in 2022.

Management

FUN LOGISTICS

The shares are held by FUN BELGIUM NV (99.8%) and FUN SERVICES NV (0.2%).

Directors

According to the 2022 annual accounts

PARGECO BV

Managing director · represented by Thomas MARCHANDISE

Also active at: fundoo, LA CONSULTATION COMMERCIALE, Société Immobilière Carolorégienne, ACSI, PARCOFIN, PARDIS, LOCK'O, PARGIMMO +62 more

since 2022 · until 2028

ALGREEN CONSULTING BV

Director · represented by Délia GENTILINI

Also active at: fundoo, ACSI, BROCOBIO, FUN SERVICES

since 2022 · until 2028

BLUE VISION BV

Director · represented by Nicolas MARCHAND

Also active at: fundoo, ACSI, BROCOBIO, LOGISTIQUE SOGESMA, SOGESMA, SOCIETE NOUVELLE DE DISTRIBUTION, FUN SERVICES

since 2022 · until 2028

Shareholders

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Koning Albert I-laan 244

8200 Brugge

2.200.345.327

Kortrijksestraat 505

8020 Oostkamp

Active since 27 June 2011

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

Details

Company number
0837.350.025
VAT number
BE 0837.350.025
Registered office
Koning Albert I-laan 244, 8200 Brugge
Names & denominations
FUN LOGISTICS
Enterprise type
Rechtspersoon
Legal form
Public limited company
Legal situation
Opening faillissement
Start date
27 June 2011
Peppol
Not registered

Frequently asked questions

What is the address of FUN LOGISTICS?
The registered office of FUN LOGISTICS is located at Koning Albert I-laan 244, 8200 Brugge.
Is FUN LOGISTICS still active?
No. The CBE lists FUN LOGISTICS 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 FUN LOGISTICS registered on Peppol?
No, FUN LOGISTICS is currently not registered on the Peppol network.
What is the enterprise number of FUN LOGISTICS?
The enterprise number of FUN LOGISTICS is BE0837350025.
When was FUN LOGISTICS founded?
FUN LOGISTICS was founded on 27 June 2011.
Who owns FUN LOGISTICS?
The shares are held by FUN BELGIUM NV (99.8%) and FUN SERVICES NV (0.2%).