Bankrupt · Opening faillissement (CBE)

FE GO24

BE0845617789

Rechtspersoon Private limited company 1 establishment

FE GO24 is an energy company in Brugge. Private Limited, started on 30 April 2012, 1 establishment.

Lieven Bauwensstraat 20, 8200 Brugge

Behind the company: Johan Maertens.

Start date

30 April 2012

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 13 % of short-term debt in 2022; threshold 65 %.

  • Busy address KBO

    21 other companies have their registered office at the same address; threshold 10.

  • Legal situation KBO

    Opening faillissement according to the CBE.

Financials

Financial year 2022

FE GO24 from Brugge, company number BE0845617789, closed financial year 2022 with a result of € -1.6 million after tax. For that financial year FE GO24 recorded a gross margin of € 130,108 and equity of € -2 million. Compared with financial year 2021, the result moved from € 43,231 to € -1.6 million. 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 June 16, 2023.

What it is worth Caution

€ -2 million

▼ € 1.6 million vs 2021

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

Loss Caution

€ -1.6 million

▼ still € 43,231 profit in 2021

Profit after tax over the fiscal year.

Cash in the bank

€ 1,583

▲ € 1,387 vs 2021

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 € -2.2 million.

People and assets in 2022

Vehicles and equipment

€ 1.1 million

▼ 6% vs 2021

Of which on lease € 1.1 million.

Debts at end 2022

Bank debt ≈ 7 years to go

€ 1.4 million

▼ 9% vs 2021

€ 185,729 is repaid this year. At this pace the long-term loan is gone in ≈ 7 years.

Owed to suppliers

€ 30,101

▼ 2% vs 2021

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

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Key figures per fiscal year Download key figures (CSV)
20212022Change 2021 → 2022
Gross margin € 135,468 € 130,108 ▼ 4%
Profit after taxes € 43,231 € -1,579,830 ▼ € 1.6 million
Equity € -373,634 € -1,953,464 ▼ € 1.6 million
Total debts € 1,556,168 € 1,432,699 ▼ 8%
Cash € 195 € 1,583 ▲ € 1,387
Retained profit € -597,234 € -2,177,064 ▼ € 1.6 million
Bank debt € 1,495,639 € 1,365,627 ▼ 9%
Balance sheet total € 1,182,535 € 1,094,967 ▼ 7%

Key figures of FE GO24, 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 FE GO24?

What happened at FE GO24 in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

FE GO24 is active according to the CBE. Legal situation: Opening faillissement.

  • New annual accounts for financial year 2022: loss of € 1.6 million (▼ € 1.6 million vs 2021). Source: NBB ↗
  • New establishment in Brugge. KBO
  • Start of the company according to the CBE. KBO

In short

From € 43,231 profit in 2021 to € 1.6 million loss in 2022.

Best year ever: 2021, with € 43,231 profit.

Management

Behind FE GO24 is Johan Maertens. Johan Maertens is also behind A2N Investments Belgium, Het Pandschap Brugge and RM consult.

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Directors

According to the 2022 annual accounts

Johan Maertens

Director

Also active at: A2N Investments Belgium, Het Pandschap Brugge, RM consult

Establishments

Establishment units

Physical locations of this company

Registered office

Lieven Bauwensstraat 20

8200 Brugge

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 21 companies are registered at this address.

All companies at this address →

+16 more

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

Details

Company number
0845.617.789
VAT number
BE 0845.617.789
Registered office
Lieven Bauwensstraat 20, 8200 Brugge
Names & denominations
FE GO24
Enterprise type
Rechtspersoon
Legal form
Private limited company
Legal situation
Opening faillissement
Start date
30 April 2012
Peppol
Not registered
Activities · NACE

Productie van elektriciteit uit niet-hernieuwbare bronnen

Handel in elektriciteit

Frequently asked questions

What does FE GO24 do?
FE GO24 is an energy company in Brugge. Private Limited, started on 30 April 2012, 1 establishment.
What is the address of FE GO24?
The registered office of FE GO24 is located at Lieven Bauwensstraat 20, 8200 Brugge.
Is FE GO24 still active?
No. The CBE lists FE GO24 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 FE GO24 registered on Peppol?
No, FE GO24 is currently not registered on the Peppol network.
What is the enterprise number of FE GO24?
The enterprise number of FE GO24 is BE0845617789.
When was FE GO24 founded?
FE GO24 was founded on 30 April 2012.