OLD TOM
Bankruptcy closedInactive since 03-06-2026; last annual accounts for fiscal year 2022.
Summary
OLD TOM was declared bankrupt on 22-03-2024 (Ondernemingsrechtbank Gent, afdeling Ieper); the bankruptcy was closed by liquidation by judgment of 02-06-2026, published in the Belgian State Gazette on 09-06-2026.
Signals
Two signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 12-06-2023, 49 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
49 d early
2021
12 d early
2020
17 d early
2019
73 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 4 accounts on average 1 day before the deadline; the sector median for financial year 2024 is 6 days after the deadline, and 53% of the sector filed late.
Checked, nothing found (1)
History
Go further with this company
Still owed money by this company? Its procedure, who runs it and what to do now.Creditor guide Who ran this company, and where was it based, on a date before the end?Company as of a date Is the registered address a letterbox address or a business centre?Addresses Are there other customers at risk in your own list?Process a list How is the Full-service restaurants sector doing?Sector figures
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2022, micro schema
Equity
-€214,495▼ 29.5%
2021 · -€165,613
Total assets
€154,764▼ 21.3%
2021 · €196,527
Net result
-€48,882▼ 20.9%
2021 · -€40,432
Working capital
-€39,542▼ 647%
2021 · -€5,295
Trend over the years
In euros
In per cent
Ratio
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
In full-time equivalents (FTE)
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 56, Food and beverage service activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20182019202020212022
Operating result€26,636--€64,966-€43,304▲ 33.3%-€38,973▲ 10.0%-€46,222▼ 18.6%
Net result€24,860--€67,411-€44,750below the sector's middle half▲ 33.6%-€40,432below the sector's middle half▲ 9.6%-€48,882below the sector's middle half▼ 20.9%
Equity-€13,021--€80,431▼ 518%-€125,181below the sector's middle half▼ 55.6%-€165,613below the sector's middle half▼ 32.3%-€214,495below the sector's middle half▼ 29.5%
Total assets€331,479-€269,994▼ 18.5%€219,106above the sector's middle half▼ 18.8%€196,527within the sector's middle half▼ 10.3%€154,764within the sector's middle half▼ 21.3%
Debt€344,500-€350,425▲ 1.7%€344,287▼ 1.8%€362,140▲ 5.2%€369,259▲ 2.0%
Working capital€25,286--€20,582-€39,582below the sector's middle half▼ 92.3%-€5,295within the sector's middle half▲ 86.6%-€39,542below the sector's middle half▼ 647%
Solvency-3.9%--29.8%▼ 25.9pp-57.1%below the sector's middle half▼ 27.3pp-84.3%below the sector's middle half▼ 27.1pp-138.6%below the sector's middle half▼ 54.3pp
Current ratio1.80-0.49▼ 1.320.20below the sector's middle half▼ 0.280.88within the sector's middle half▲ 0.680.21below the sector's middle half▼ 0.67
Return on assets (ROA)7.5%--25.0%▼ 32.5pp-20.4%below the sector's middle half▲ 4.5pp-20.6%below the sector's middle half▼ 0.1pp-31.6%below the sector's middle half▼ 11.0pp
Staff (FTE)2.3-2.6▲ 13.0%1.8within the sector's middle half▼ 30.8%1.4▼ 22.2%1.9▲ 35.7%
above
within
below
the middle half (P25 to P75) of NACE 56, Food and beverage service activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €46,222 in 2022 against €38,973 in 2021; the loss grows.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €154,764
Fixed assets
€144,108 ▼ 9.0%
Current assets
€10,656 ▼ 72.1%
Key figures and ratios
EBITDA
-€22,565▼
2021 · -€13,496
Cash flow
-€25,224▼
2021 · -€14,955
Quick ratio
0.16▼
2021 · 0.82
Debt to equity
-1.72▲
2021 · -2.19
Interest coverage
-7.88▲
2021 · -8.67
Debt ≤ 1 year
€50,198▲
2021 · €43,474
Debt > 1 year
€268,210▼
2021 · €292,456
Staff costs
€74,156▲
2021 · €47,467
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | €1,312 | - |
| Remuneration, social security and pensions62 | - | - | - | €47,467 | €74,156 | ▲ 56.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €39,840 | €39,989 | €40,890 | €25,477 | €23,658 | ▼ 7.1% |
| Other operating charges640/8 | - | - | - | €6,176 | €3,956 | ▼ 35.9% |
| Non-recurring operating charges66A | - | - | - | €7,037 | - | - |
| Gross operating margin9900 | €155,920 | €81,931 | €37,163 | €47,184 | €55,548 | ▲ 17.7% |
| Operating profit (loss)9901 | €26,636 | -€64,966 | -€43,304 | -€38,973 | -€46,222 | ▼ 18.6% |
| Financial income75/76B | - | - | - | €229 | €204 | ▼ 10.7% |
| Recurring financial income75 | €543 | €138 | €153 | €229 | €204 | ▼ 10.7% |
| Financial charges65/66B | - | - | - | €1,557 | €2,864 | ▲ 84.0% |
| Recurring financial charges65 | €2,073 | €2,385 | €1,331 | €1,557 | €2,864 | ▲ 84.0% |
| Profit (loss) for the period before taxes9903 | €25,106 | -€67,213 | -€44,482 | -€40,300 | -€48,882 | ▼ 21.3% |
| Income taxes67/77 | €246 | €198 | €268 | €132 | - | - |
| Profit (loss) for the period9904 | €24,860 | -€67,411 | -€44,750 | -€40,432 | -€48,882 | ▼ 20.9% |
| Profit (loss) for the period to be appropriated9905 | €24,860 | -€67,411 | -€44,750 | -€40,432 | -€48,882 | ▼ 20.9% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €331,479 | €269,994 | €219,106 | €196,527 | €154,764 | ▼ 21.3% |
| Fixed assets21/28 | €274,717 | €250,528 | €209,089 | €158,348 | €144,108 | ▼ 9.0% |
| Tangible fixed assets22/27 | €274,127 | €249,938 | €208,499 | €157,758 | €143,518 | ▼ 9.0% |
| Plant, machinery and equipment23 | - | - | - | €8,313 | €10,718 | ▲ 28.9% |
| Furniture and vehicles24 | - | - | - | €1,404 | - | - |
| Other tangible fixed assets26 | - | - | - | €148,040 | €132,800 | ▼ 10.3% |
| Financial fixed assets28 | €590 | €590 | €590 | €590 | €590 | = |
| Current assets29/58 | €56,763 | €19,466 | €10,017 | €38,179 | €10,656 | ▼ 72.1% |
| Stocks and contracts in progress3 | €6,427 | €5,203 | €1,864 | €2,432 | €2,798 | ▲ 15.0% |
| Stocks30/36 | - | - | - | €2,432 | €2,798 | ▲ 15.0% |
| Amounts receivable within one year40/41 | €3,992 | €5,014 | €4,861 | €6,611 | €4,669 | ▼ 29.4% |
| Trade receivables40 | - | - | - | €2,583 | €886 | ▼ 65.7% |
| Other amounts receivable41 | - | - | - | €4,028 | €3,783 | ▼ 6.1% |
| Cash at bank and in hand54/58 | €44,493 | €7,070 | €3,242 | €25,935 | €3,117 | ▼ 88.0% |
| Deferred charges and accrued income490/1 | - | - | - | €3,201 | €71 | ▼ 97.8% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €331,479 | €269,994 | €219,106 | €196,527 | €154,764 | ▼ 21.3% |
| Equity10/15 | -€13,021 | -€80,431 | -€125,181 | -€165,613 | -€214,495 | ▼ 29.5% |
| Contributions10/11 | €47,500 | €47,500 | - | €47,500 | €47,500 | = |
| Reserves13 | €4,750 | €4,750 | €4,750 | €4,750 | €4,750 | = |
| Non-distributable reserves130/1 | - | - | - | €4,750 | €4,750 | = |
| Reserves not available under the articles1311 | - | - | - | €4,750 | €4,750 | = |
| Profit (loss) carried forward14 | -€65,271 | -€132,681 | -€177,431 | -€217,863 | -€266,745 | ▼ 22.4% |
| Amounts payable17/49 | €344,500 | €350,425 | €344,287 | €362,140 | €369,259 | ▲ 2.0% |
| Amounts payable after more than one year17 | €313,023 | €310,377 | €294,688 | €292,456 | €268,210 | ▼ 8.3% |
| Financial debts170/4 | - | - | - | €7,871 | - | - |
| Other amounts payable178/9 | - | - | - | €284,585 | €268,210 | ▼ 5.8% |
| Amounts payable within one year42/48 | €31,477 | €40,048 | €49,599 | €43,474 | €50,198 | ▲ 15.5% |
| Current portion of amounts payable after more than one year42 | - | - | - | €15,815 | €14,190 | ▼ 10.3% |
| Trade debts44 | €4,797 | €8,464 | €3,319 | €9,815 | €10,803 | ▲ 10.1% |
| Suppliers440/4 | - | - | - | €9,815 | €10,803 | ▲ 10.1% |
| Advances received on contracts in progress46 | - | - | - | - | €50 | - |
| Taxes, remuneration and social security45 | - | - | - | €6,378 | €6,631 | ▲ 4.0% |
| Taxes450/3 | - | - | - | €1,386 | €1,619 | ▲ 16.8% |
| Remuneration and social security454/9 | - | - | - | €4,993 | €5,012 | ▲ 0.4% |
| Other amounts payable47/48 | - | - | - | €11,465 | €18,524 | ▲ 61.6% |
| Accrued charges and deferred income492/3 | - | - | - | €26,211 | €50,851 | ▲ 94.0% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €24,860 | -€67,411 | -€44,750 | -€40,432 | -€48,882 | ▼ 20.9% |
| + Depreciation and write-downs630 | €39,840 | €39,989 | €40,890 | €25,477 | €23,658 | ▼ 7.1% |
| Operating cash flow (approximation) | €64,700 | -€27,422 | -€3,860 | -€14,955 | -€25,224 | ▼ 68.7% |
| Investment in fixed assets (approximation) | - | -€15,800 | €549 | €25,264 | -€9,418 | ▼ 137% |
| Change in cash | - | -€37,423 | -€3,829 | €22,693 | -€22,818 | ▼ 201% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2026
09-06
Bankruptcy
Bankruptcy closure (by liquidation)
Ondernemingsrechtbank Gent, afdeling Ieper · event 02-06-2026
2024
28-03
Bankruptcy
Opening
Ondernemingsrechtbank Gent, afdeling Ieper · event 22-03-2024
2023
12-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
19-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
14-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
12-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 73 days late
2019
31-12
Financial
Weakest financial yearnet -€67,411
Net result drops to -€67,411, the lowest in the series.
12-03
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
20-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
30-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
13-12
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 135 days late
2015
01-09
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema · 32 days late
2014
14-10
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema · 75 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
3 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
Registered office, Ieper
Ground area
151 m²
Building footprint
149 m²
Volume, LiDAR
1,517 m³
Parcel 33011G0063/00F000, Flanders · tallest building 18.8 m, ±4 floors. Linked by address, not a title deed.
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 33011G0063/00F000 | Flanders | 151 m² | 1 · 149 m² | 18.8 m · 4 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | PETER DEWITTE OUDE BESELARESTRAAT 1A,
8940 WERVIK |
22-03-2024 → 02-06-2026 |
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This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 20,500 companies in sector 56111 we hold annual accounts for 11,464. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded24-12-2002
Fiscal year end31-12
Activities, NACEBEL 2025
56111Full-service restaurants
55100Hotels and similar accommodation
56220Contract catering and other food service activities
56301Cafés and bars
E-invoicing
Not found in the Peppol register
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.