Active BE 0446.673.023Private limited company (pre-2019)

EDGARD TIJTGAT

Leideveld (SCHO) 1 ·9688 Maarkedal, Belgium· 34 yrs active

Conclusion Checked

The KBO register records legal situation 050 for EDGARD TIJTGAT (Register: open bankruptcy); this is today's state according to the register itself, which carries no start date. The 2022 annual accounts show negative equity (€-102k) and a net result of €-62k.

Based on the State Gazette, CBE and 5 annual accounts.

Key figures

Equity	€-102k
Net result	€-62k
Active	34 yrs
Locations	1

Financial profile 5 of 5 axes measured · computed by Checked

41 / 100

Fragile profile, watch health in particular.

All 5 axes are computed from data Checked has read.

Health 0

Profitability 100

Solvency 67

Growth 38

Stability 0

Bankruptcy probability (12 mo) Checked model v1 · free

Bankruptcy opened

A bankruptcy procedure is already open, a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.

Risk Assessment rule-based

0 / 100

High riskRegister: open bankruptcy

This score counts publications in the Belgian State Gazette only. The KBO register additionally records legal situation 050 for this company; it does not feed the figure above.

Trust signals 1 signals

Register: open bankruptcy

The KBO register records legal situation 050 for this company. This is today's state according to the register itself; the register carries no start date.

Administrative Flags0 events

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Health barometer FY 2022 · computed

0 / 100 Critical

050100

Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.

See plans →

Computed by Checked from the NBB filing for FY 2022 and the legal situation the KBO register itself records. Indicative, not credit advice.

Financial overview10 NBB filings

Annual accounts filed on 24-11-2023 with the NBB · fiscal year 2022 · micro

RevenueOperating resultNet result

Revenue

€30k

-43.1% 18-22

EBITDA

€-60k

-647.3% 18-22

Net profit

€-62k

-340.8% 18-22

Cash flow

€-60k

-638.1% 18-22

Total assets

€286k

-15.4% 18-22

Equity

€-102k

-153.3% 18-22

Working capital

€228k

-21.5% 18-22

Employees (FTE)

0

- 18-22

Show 13 other metrics

Income taxes

€117

-19.4% 18-22

Debt

€206k

+4.8% 18-22

Debt ≤ 1y

€50k

+23.5% 18-22

Debt > 1y

€156k

0.0% 18-22

Current ratio

5.61

-32.1% 18-22

Quick ratio

1.73

-23.5% 18-22

Solvency

-35.6%

-199.6% 18-22

Debt / equity

-2.02

+58.6% 18-22

ROE

60.5%

+74.0% 18-22

ROA

-21.6%

-421.3% 18-22

Net margin

-183.2%

-36.6% 18-22

EBITDA margin

74.2%

+62.6% 18-22

Interest coverage

-490.30

- 18-22

Figures by fiscal year

Highlight YoY changes (±10%)

Fiscal year	2022
Deposit	micro
Revenue	-
EBITDA	€-60k
Net profit	€-62k
Cash flow	€-60k
Staff costs	-
Income taxes	-
Dividends	-
Total assets	€286k
Equity	€-102k
Debt	€206k
of which ≤ 1y	€50k
of which > 1y	€156k
Working capital	€228k
Employees (FTE)	-

Ratios (computed)

	2022
Current ratio	5.61
Quick ratio	1.73
Working capital ratio	79.8%
Solvency	-35.6%
Debt / equity	-2.02
Long-term debt ratio	-1.53
Interest coverage	-490.30
Gross margin	-
Net margin	-
ROA	-21.6%
ROE	60.5%
EBITDA margin	-
Days sales outstanding	-
Days payable outstanding	-
Inventory turnover	-
Days inventory (DSI)	-

Balance-sheet composition 2022

Assets

Fixed assets €8k · 3.0% Current assets €278k · 97.1%

Full annual accounts (23 line items)

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2022
Balance sheet, Assets
TOTAL ASSETS	20/58	€286k
Fixed assets	21/28	€8k
Tangible fixed assets	22/27	€8k
Current assets	29/58	€278k
Stocks & contracts in progress	3	€193k
Amounts receivable within one year	40/41	€4k
Cash & bank	54/58	€2k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€286k
Equity	10/15	€-102k
Contributions / capital	10/11	€20k
Reserves	13	€9k
Accumulated profits (losses)	14	€-131k
Provisions & deferred taxes	16	€183k
Amounts payable	17/49	€206k
Amounts payable after one year	17	€156k
Amounts payable within one year	42/48	€50k
Trade debts payable within one year	44	€3k
Income statement
Gross operating margin	9900	€-59k
Operating result	9901	€-62k
Financial charges	65	€123
Result before taxes	9903	€-62k
Net result for the period	9904	€-62k
Result to be appropriated	9905	€-62k

This table shows the latest fiscal year. 4 prior years, with figures and ratios, belong to a paid plan. See plans →

Ratios computed by Checked.

Legal Structure

NACE primary	-
Legal form	Private limited company (pre-2019)(015)
Incorporation	19-02-1992
Status	Active
Postal code	9688

Establishment units 1 location

Establishment

Teelt van tropisch en subtropisch fruit

since 19992.204.105.363

Physical sites registered in the Crossroads Bank for Enterprises (CBE).

Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 2 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
44362B0014/00G002	Flanders	3,095 m²	1 · 2,335 m²	9.2 m · 2 fl.
45044A0455/00G000	Flanders	494 m²	1 · 129 m²	6.4 m · 1 fl.

Methodology

via registered seat: 1 · via establishment units: 1

2 of 2 parcels with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Updates 10 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2023

24-11-2023