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JB TEGELWERKEN

Inactive
KBO/BCE: BE 0745.589.312

JB TEGELWERKEN was declared bankrupt on 16-01-2024 (Ondernemingsrechtbank Antwerpen, afdeling Tongeren); the bankruptcy was closed for insufficient assets by judgment of 24-02-2026, published in the Belgian State Gazette on 02-03-2026.

No longer registered with the KBO; last annual accounts for fiscal year 2021.

Signals

Four signals. The signal on the left, the evidence on the right.
+raises riskneutral
neutral · Prior bankruptcy
Earlier bankruptcy on record in the Belgian State Gazette, no current open procedure.
Belgian State Gazette
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2022, 4 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 2 filings
Position against the passed deadline
31-12-2022 close31-07-2023 deadline22-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2021 was due by 31-07-2022 and was filed on 31-08-2022, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 2 filings
Deviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
31 d late
2020
31 d late
← before the deadline after the deadline →
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2021, micro schema

Equity
€13k▲ 286%
2020 · €3k
2020: €3k
2020 → 2021
Total assets
€20k▼ 13.7%
2020 · €24k
2020: €24k
2020 → 2021
Net result
€10k▲ 617%
2020 · €1k
2020: €1k
2020 → 2021
Working capital
€8k
2020 · €-6k
2020: €-6k
2020 → 2021
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20202021Trend
Equity€3k-€13k▲ 286%
Operating result€2k-€13k▲ 608%
Net result€1k-€10k▲ 617%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€5k€10k€15kOperating result 2020: €2k€2kNet result 2020: €1k€1kOperating result 2021: €13k€13kNet result 2021: €10k€10k20202021
The operating result rises in 2021; 2021 is 608% above 2020.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €20k
Fixed assets €5k▼ 41.2%
Current assets €15k▲ 3.2%
Equity and liabilities €20k
Equity €13k▲ 286%
Debt €8k▼ 62.6%
The debt ratio falls from 86.0% to 37.3%. Equity is higher and debt is lower.
Key figures and ratios
2021 value · change against 2020
EBITDA
€17k
2020 · €6k
Cash flow
€14k
2020 · €5k
Solvency
62.7%
2020 · 14.0%
Current ratio
1.99
2020 · 0.72
Quick ratio
1.99
2020 · 0.72
Debt / equity
0.59
ROE
74.1%
2020 · 39.9%
ROA
46.5%
2020 · 5.6%
Interest coverage
20.33
Debt
€8k
2020 · €20k
Debt ≤ 1 year
€8k
2020 · €20k
Income taxes
€3k
2020 · €470
Staff costs
€771
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2021 against 2020
Balance sheet Code20202021
Assets
Total assets20/58€24k€20k
Fixed assets21/28€9k€5k
Tangible fixed assets22/27€9k€5k
Plant, machinery and equipment23-€655
Furniture and vehicles24-€5k
Current assets29/58€15k€15k
Amounts receivable within one year40/41€8k€14k
Trade receivables40-€14k
Other amounts receivable41-€128
Cash at bank and in hand54/58€7k€858
Equity and liabilities
Total equity and liabilities10/49€24k€20k
Equity10/15€3k€13k
Contributions10/11-€2k
Reserves13€1k€11k
Distributable reserves133-€11k
Amounts payable17/49€20k€8k
Amounts payable within one year42/48€20k€8k
Trade debts44€3k€603
Suppliers440/4-€603
Taxes, remuneration and social security45-€7k
Taxes450/3-€5k
Remuneration and social security454/9-€2k
Other amounts payable47/48-€270
Income statement Code20202021
Remuneration, social security and pensions62-€771
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€4k
Other operating charges640/8-€154
Gross operating margin9900€6k€18k
Operating profit (loss)9901€2k€13k
Recurring financial income75€15-
Financial charges65/66B-€842
Recurring financial charges65€56€842
Profit (loss) for the period before taxes9903€2k€12k
Income taxes67/77€470€3k
Profit (loss) for the period9904€1k€10k
Profit (loss) for the period to be appropriated9905€1k€10k
Appropriation of the result
Profit (loss) to be appropriated9906-€10k
Transfer to equity691/2-€10k
To other reserves6921-€10k

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

2026
02-03
Bankruptcy Bankruptcy closure (insufficient assets)
Ondernemingsrechtbank Antwerpen, afdeling Tongeren-Borgloon · JB TEGEL- WERKEN BV MISWEG 42, 3770 RIEMST · event 24-02-2026
2024
22-01
Bankruptcy Opening
Ondernemingsrechtbank Antwerpen, afdeling Tongeren · JB TEGELWERKEN BV MISWEG 42, 3770 RIEMST · event 16-01-2024
2022
31-08
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-12
Financial Liquidity triplescurrent ratio 1.99
Current ratio from 0.72 to 1.99; short-term debt falls from €20k to €8k.
31-08
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
1 act for this company is in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Insolvency mandates

3 mandates
Role Name Tenure
Curator TOM ARTS
JAARBEURSLAAN 19, 3600 GENK-
16-01-2024 → present
Curator GEERT RENIERS
JAARBEURSLAAN 19, 3600 GENK
16-01-2024 → present
Curator ILONA LO GIUDICE
JAAR- BEURSLAAN 19, 3600 GENK
16-01-2024 → present