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KTMP

Open bankruptcy
KBO/BCE: BE 0449.303.010

A bankruptcy procedure is open for KTMP according to publications in the Belgian State Gazette; curator: ILSE VAN DE MIEROP.

Summary

Inactive; last annual accounts for fiscal year 2021.

Signals

Three signals. The signal on the left, the evidence on the right.
+raises riskneutral
raises risk · Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Belgian State Gazette
raises risk · Two or more financial years not filed
Since the financial year that closed on 30-09-2022, 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 · 10 filings
Position against the passed deadline
30-09-2022 close30-04-2023 deadline24-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2021 was due by 30-04-2022 and was filed on 25-04-2022, 5 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not filed
2024
not filed
2023
not filed
2022
not filed
2021
5 d early
2020
7 d early
2019
9 d early
← before the deadline after the deadline →
Checked, nothing found (1)
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
€90k▲ 25.1%
2020 · €72k
2018: €36k 2019: €57k 2020: €72k
2018 → 2021
Total assets
€387k▲ 10.1%
2020 · €352k
2018: €531k 2019: €561k 2020: €352k
2018 → 2021
Net result
€18k▲ 16.1%
2020 · €16k
2018: €-9k 2019: €20k 2020: €16k
2018 → 2021
Working capital
€29k▲ 600%
2020 · €4k
2018: €119k 2019: €134k 2020: €4k
2018 → 2021
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line2018201920202021Trend
Equity€36k-€57k▲ 55.3%€72k▲ 27.6%€90k▲ 25.1%
Operating result€12k-€41k▲ 248%€26k▼ 36.2%€3k▼ 88.0%
Net result€-9k-€20k€16k▼ 22.6%€18k▲ 16.1%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-20k€0€20k€40kOperating result 2018: €12k€12kNet result 2018: €-9k€-9kOperating result 2019: €41k€41kNet result 2019: €20k€20kOperating result 2020: €26k€26kNet result 2020: €16k€16kOperating result 2021: €3k€3kNet result 2021: €18k€18k2018201920202021€0€20k€40kOperating result 2019: €41k€41kNet result 2019: €20k€20kOperating result 2020: €26k€26kNet result 2020: €16k€16kOperating result 2021: €3k€3.1kNet result 2021: €18k€18k201920202021
The operating result has fallen two years in a row; 2021 is 88% below 2020 and is the lowest result in the available series.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €387k
Fixed assets €62k ▼ 11.0%
Current assets €326k ▲ 15.3%
Equity and liabilities €387k
Equity €90k ▲ 25.1%
Debt €297k ▲ 6.3%
Debt's share of the balance-sheet total falls from 79.5% to 76.7%. Equity and debt are higher.
Key figures and ratios
2021 value · change against 2020
EBITDA
€11k
2020 · €34k
Cash flow
€26k
2020 · €24k
Current ratio
1.10
2020 · 1.01
Quick ratio
1.09
2020 · 0.97
Debt to equity
3.28
ROE
20.1%
2020 · 21.6%
ROA
4.7%
2020 · 4.4%
Interest coverage
3.72
Debt ≤ 1 year
€297k
2020 · €278k
Income taxes
€7k
2020 · €8k
Staff costs
€56k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2021 against 2020 · 55 lines
Balance sheet Code20202021
Assets
Total assets20/58€352k€387k
Fixed assets21/28€69k€62k
Intangible fixed assets21€45k€40k
Tangible fixed assets22/27€9k€6k
Plant, machinery and equipment23-€5k
Furniture and vehicles24-€1k
Financial fixed assets28€15k€15k=
Current assets29/58€282k€326k
Amounts receivable after more than one year29-€192k
Other amounts receivable291-€192k
Stocks and contracts in progress3€11k€643
Stocks30/36-€643
Amounts receivable within one year40/41€31k€132k
Trade receivables40-€113k
Other amounts receivable41-€18k
Cash at bank and in hand54/58€9k€437
Deferred charges and accrued income490/1-€1k
Equity and liabilities
Total equity and liabilities10/49€352k€387k
Equity10/15€72k€90k
Contributions10/11€62k€62k=
Capital10-€62k
Issued capital100-€62k
Reserves13€10k€28k
Non-distributable reserves130/1-€6k
Legal reserve130-€6k
Distributable reserves133-€22k
Profit (loss) carried forward14€-30k-
Amounts payable17/49€279k€297k
Amounts payable within one year42/48€278k€297k
Financial debts43-€76k
Credit institutions430/8-€76k
Trade debts44€244k€188k
Suppliers440/4-€188k
Taxes, remuneration and social security45-€34k
Taxes450/3-€23k
Remuneration and social security454/9-€10k
Accrued charges and deferred income492/3-€0
Income statement Code20202021
Remuneration, social security and pensions62-€56k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8k€8k
Other operating charges640/8-€559
Gross operating margin9900€113k€68k
Operating profit (loss)9901€26k€3k
Financial income75/76B-€25k
Recurring financial income75€10k€25k
Financial charges65/66B-€3k
Recurring financial charges65€12k€3k
Profit (loss) for the period before taxes9903€24k€25k
Income taxes67/77€8k€7k
Profit (loss) for the period9904€16k€18k
Profit (loss) for the period to be appropriated9905€16k€18k
Appropriation of the result
Profit (loss) to be appropriated9906-€18k
Profit (loss) brought forward from the previous period14P-€0
Transfer to equity691/2-€18k
To the legal reserve6920-€530
To other reserves6921-€18k

The notes to these accounts (10 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

2022
14-09
Bankruptcy Opening
Ondernemingsrechtbank Leuven · KTMP NV NIEUWLAND- LAAN 66/105, 3200 AARSCHOT · event 08-09-2022
25-04
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
23-04
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
21-04
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
30-09
Financial Back to profitnet €20k
Net result €20k after one loss-making year.
26-04
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
26-04
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
24-04
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
31-03
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema
2015
26-03
NBB filing Annual accounts filed
fiscal year 2014 · abbreviated schema
2014
10-04
NBB filing Annual accounts filed
fiscal year 2013 · abbreviated schema
2013
02-04
NBB filing Annual accounts filed
fiscal year 2012 · abbreviated schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
7 acts for this company are 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

1 mandate
Role Name Tenure
Curator ILSE VAN DE MIEROP
WOLSTRAAT 70, 1000 BRUSSEL 1-
08-09-2022present