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T.B. EXPLOITATIE

Active
Private limited company (pre-2019)· 11 yrs active
Open bankruptcy
KBO/BCE: BE 0630.853.158
Watch Print / PDF
Belgian State Gazette acts: 0 of 1 read
Age11 yrs
Real estate1 parcel · 8,141 m²

Summary

Conclusion

the dossier summarised in one paragraph

A bankruptcy procedure is open for T.B. EXPLOITATIE according to publications in the Belgian State Gazette. The 2018 annual accounts show negative equity (€-34k) and a net result of €-41k.

Based on the State Gazette, CBE and 1 annual account.

Bankruptcy probability (12 mo)

Checked model v1 · free for everyone

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.

Insolvency timeline

1 events
21-12-2022
Bankruptcy Opening
Date: 15-12-2022 · Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · T.B. EXPLOITATIE BVBA VELD- STRAAT 77/A, 2960 BRECHT · Publications in State Gazette ↗

Signals

Insufficient current data: the most recent filed accounts (financial year 2018) are too old to derive current signals.

Filing behaviour

From the deposit records, complete market-wide
Filing behaviour not assessed
The register records an open bankruptcy. From that point the trustee files and the ordinary seven-month rhythm no longer governs. The register carries no start date, so we cannot tell which filings fall before it: we show the facts and do not assess the behaviour.
Filed after the deadline
The financial year that closed on 31-12-2018 was due by 31-07-2019 and was filed on 27-08-2019, 27 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.
How we compute the deadline
The year end is derived from 3 filed financial years, each closing on 31-12. The statutory deadline is seven months after the close of the financial year (art. 3:10 par. 1 CAC, art. 3:47 par. 7 for ASBL and foundations). Applied to the financial year that closed on 31-12-2018, that is 31-07-2019.
Deadline per financial year
Year closed Due by Filed Variance Reference
31-12-2025 31-07-2026 nothing on record not filed -
31-12-2024 31-07-2025 nothing on record not filed -
31-12-2023 31-07-2024 nothing on record not filed -
31-12-2022 31-07-2023 nothing on record not filed -
31-12-2021 31-07-2022 nothing on record not filed -
31-12-2020 31-07-2021 nothing on record not filed -
31-12-2019 31-07-2020 nothing on record not filed -
31-12-2018 31-07-2019 27-08-2019 27 d late 2019-50700546
31-12-2017 31-07-2018 31-07-2018 on the day 2018-40100241
31-12-2016 31-07-2017 20-06-2017 41 d early 2017-18400167

Source: the National Bank's deposit records. Those records are complete, including for years whose figures we have not read yet. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.

Trust signals

2 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.
Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.

Administrative Flags

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.

Financials

TurnoverNot published (abbreviated filing)
EBIT marginNot published (abbreviated filing)
Net result€-41k
Working capital€-37k
Directors2

Annual accounts & ratios

Source: NBB · 2018
Annual accounts filed on 27-08-2019 with the NBB · fiscal year 2018 · micro
Fiscal year2018
Depositmicro
Revenue-
EBITDA€4k
Net profit€-41k
Cash flow€-32k
Staff costs-
Income taxes€277
Dividends-
Total assets€53k
Equity€-34k
Debt€87k
of which ≤ 1y€60k
of which > 1y€12k
Working capital€-37k
Employees (FTE)0.5
Ratios (computed)
2018
Current ratio0.39
Quick ratio0.28
Working capital ratio-69.9%
Solvency-65.1%
Debt / equity-0.35
Long-term debt ratio-0.35
Interest coverage-
Gross margin-
Net margin-
ROA-76.9%
ROE118.0%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2018
Full annual accounts (25 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2018
Balance sheet, Assets
TOTAL ASSETS 20/58€53k
Fixed assets 21/28€29k
Intangible fixed assets 21€642
Tangible fixed assets 22/27€28k
Financial fixed assets 28€340
Current assets 29/58€23k
Stocks & contracts in progress 3€7k
Amounts receivable within one year 40/41€4k
Cash & bank 54/58€12k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€53k
Equity 10/15€-34k
Contributions / capital 10/11€6k
Accumulated profits (losses) 14€-41k
Amounts payable 17/49€87k
Amounts payable after one year 17€12k
Amounts payable within one year 42/48€60k
Trade debts payable within one year 44€32k
Income statement
Gross operating margin 9900€23k
Operating result 9901€-5k
Financial income 75€62
Financial charges 65€6k
Result before taxes 9903€-10k
Income taxes 67/77€277
Net result for the period 9904€-11k
Result to be appropriated 9905€-11k
Ratios computed by Checked.

Health barometer

FY 2018 · computed
0 / 100 Critical
050100
Computed from 3 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 2018 and an insolvency signal from the Belgian State Gazette. Indicative, not credit advice.

Directors

Directors & mandates

Not yet read from the acts

1 acts for this company are in the Belgian State Gazette, of which we have read 0. This is therefore not a statement about the company: we have not extracted its directors from those acts yet.

Insolvency mandates

2 mandates
Role Name Tenure Source
Curator THOMAS DEBAENE
KONINKLIJKE LAAN 60, 2600 BERCHEM (ANTWERPEN)
 15-12-2022 → present Belgian State Gazette
Curator ERIK GREEVE
KONINKLIJKELAAN 60, 2600 BERCHEM (ANTWERPEN)
 15-12-2022 → present Belgian State Gazette

Legal Structure

NACE primary -
Legal form Private limited company (pre-2019)(015)
Incorporation26-05-2015
StatusActive
Postal code-
First BS signal 21-12-2022
Latest BS signal 21-12-2022

Structure & network

Ownership & control

No ownership or control structure found in the sources.

For this we read shareholding and parent/subsidiary relations from the acts in the Belgian State Gazette, plus the board seats that legal entities hold in one another. Nothing of the sort is published for this company, which is common: most Belgian companies do not publish a shareholding structure.

2 court or liquidation mandates are on record for this company. Such a mandate is a fact about the company itself, not about a tie to another one: two bankruptcies handled by the same receiver are two separate cases. They are listed under Directors & mandates.

Locations & real estate

Registered office

on the map · from the address register
exact location from the address register On OpenStreetMap

Establishment units

1 location
T.B. EXPLOITATIE
Café-restaurants (tavernen)
since 20152.242.423.927
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels1
Ground area8,141 m²
Buildings1
Building footprint1,663 m²

Real-estate footprint

Source: CBE × cadastre · address linking

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 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
11333D0013/00P000 Flanders 8,141 m² 1 · 1,663 m² -
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Publications

Lifecycle & Insolvency Signals

1 event from the State Gazette
21-12-2022
Bankruptcy Opening
Date: 15-12-2022 · Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · T.B. EXPLOITATIE BVBA VELD- STRAAT 77/A, 2960 BRECHT · Publications in State Gazette ↗

Time machine: BS events + macro context

2021-2026
COVID lockdownEnergiecrisisECB hikes2021202220232024202520262022-12-21 · Bankruptcy · Opening
Macro context
2020-Q2/Q3 COVID lockdown
2022 energy crisis
2023-2024 ECB rate hikes
Legend
Bankruptcy
Interim / reorg
KBO event

Belgian State Gazette · acts

0 of 1 acts read

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

The insolvency signals above come from a separate source; the KBO register is the second source and appears as the legal situation on this page.

Analysis

Financial profile

4 of 5 axes measured
Health0Profitability100Solvency33Growth-Stability0
33 / 100

Fragile profile, watch health in particular.

Computed on 4 of 5 axes. Not measured: growth. An unmeasured axis is not a zero: no data was read for it.

Health 0
Profitability 100
Solvency 33
Growth -
Stability 0

Credit advice

verdict per customer and amount

May this customer buy amount X on invoice? Enter the amount and the payment term. This page computes a GREEN, AMBER or RED verdict from them, with a suggested ceiling and concrete conditions.

Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.

Company registry

Company registry (CBE)

Crossroads Bank
Names & trade names
Legal nameNL T.B. EXPLOITATIE
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.