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T.L.

Open bankruptcy
Private limited companyfounded 2016KBO/BCE: BE 0649.844.669

A bankruptcy procedure is open for T.L. according to publications in the Belgian State Gazette; curator: GUILLAUME STOOP.

Summary

The 2024 annual accounts show equity of €33,629 and a net result of -€48,676.

Are you a creditor?

Open bankruptcy Source: Belgian Official Gazette

If this company owes you money, you are not paid automatically: you file your claim yourself, within the deadline the judgment sets.

The procedure

Court
French-language Enterprise Court of Brussels
Declared bankrupt
2 July 2026
Supervising judge
Jonathan Pays
Official Gazette
10-07-2026 (pdf) ↗search the document for 2026/131613

Deadlines

Appeal or third-party opposition until
passed on 25 July 2026Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
File the claim in RegSol until
passed on 1 August 2026art. XX.104 and XX.155 CEL
First verification report
passed on 12 August 2026Goods that belong to you, such as those delivered under retention of title, are reclaimed before this day.art. XX.104 and XX.194 CEL
Late claim until
2 July 2027Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL

Curator

What to do now

  1. Do not deliver on credit any more without an agreement with the curator.
  2. Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
  3. File your proof of claim in RegSol (regsol.be), yourself with eID or itsme, or through your lawyer. State principal, interest and costs separately, and any preferential right you hold.
  4. Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
  5. Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
  6. Follow the file in RegSol: the verification report (admitted or disputed) and the curator's reports appear there.

The deadlines above come from the publication of the judgment. Check them in RegSol before you file anything; a passed deadline no longer applies.

File a claim in RegSol ↗ Watch Follow this bankruptcy: you are alerted when it is closed or reversed.

General information, not legal advice. If in doubt, the curator, your lawyer or your accountant can help.Creditor guide for this company

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Signals

Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 19% of 6719 sector peers (2024).
NBB · sector comparison
Position among 6719 sector peers
Solvency
better than 19%
← weakest strongest →
raises risk · Register: open bankruptcy
The KBO register records the legal situation: open bankruptcy. This is today's state according to the register itself; the register carries no start date.
KBO · legal situation
raises risk · Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Belgian State Gazette
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 12-09-2025, 43 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 · 9 filings
Deviation from the deadline
2025
not confirmed
2024
43 d late
2023
75 d late
2022
79 d late
2021
72 d late
2020
24 d late
2019
125 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 70 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 49% of the sector filed late.

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

History

On 11 March 2016, T.L. was incorporated.1 Revenue went from EUR 378,652 in 2019 to EUR 251,656 in 2024 and headcount from 1.4 full-time equivalents in 2018 to 2.8 in 2024.2 The company was declared bankrupt on 2 July 2026.3

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018, 2019 and 2024
  3. 3Belgian State Gazette, 10-07-2026

Go further with this company

Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2024, micro schema

Turnover
€251,656▼ 12.3%
2023 · €287,064
EBIT margin
-16.5%▼ 24.7pp
2023 · 8.3%
Net result
-€48,676
2023 · €18,699
Working capital
€210,468▲ 78.7%
2023 · €117,747
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 49, Land transport and transport via pipelines, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20202021202220232024
Turnover€178,109▼ 53.0%€312,279▲ 75.3%€273,155▼ 12.5%€287,064▲ 5.1%€251,656▼ 12.3%
Operating result€11,421▼ 27.8%-€28,839€13,074€23,731▲ 81.5%-€41,428
Net result€3,813within the sector's middle half▼ 1.2%-€37,125below the sector's middle half€7,733within the sector's middle half€18,699within the sector's middle half▲ 142%-€48,676below the sector's middle half
EBIT margin6.4%▲ 2.2pp-9.2%▼ 15.6pp4.8%▲ 14.0pp8.3%▲ 3.5pp-16.5%▼ 24.7pp
Equity€92,999within the sector's middle half▲ 4.3%€55,874within the sector's middle half▼ 39.9%€63,606within the sector's middle half▲ 13.8%€82,306within the sector's middle half▲ 29.4%€33,629within the sector's middle half▼ 59.1%
Total assets€153,912within the sector's middle half▲ 14.2%€204,579within the sector's middle half▲ 32.9%€300,205above the sector's middle half▲ 46.7%€289,477above the sector's middle half▼ 3.6%€556,157above the sector's middle half▲ 92.1%
Debt€60,913▲ 33.7%€148,706▲ 144%€236,598▲ 59.1%€207,172▼ 12.4%€522,528▲ 152%
Working capital€36,305within the sector's middle half▲ 0.4%€61,351above the sector's middle half▲ 69.0%€123,577above the sector's middle half▲ 101%€117,747above the sector's middle half▼ 4.7%€210,468above the sector's middle half▲ 78.7%
Solvency60.4%within the sector's middle half▼ 5.8pp27.3%within the sector's middle half▼ 33.1pp21.2%within the sector's middle half▼ 6.1pp28.4%within the sector's middle half▲ 7.2pp6.0%below the sector's middle half▼ 22.4pp
Current ratio1.61within the sector's middle half▼ 0.212.16within the sector's middle half▲ 0.562.82above the sector's middle half▲ 0.662.86above the sector's middle half▲ 0.042.64above the sector's middle half▼ 0.22
Return on assets (ROA)2.5%within the sector's middle half▼ 0.4pp-18.1%below the sector's middle half▼ 20.6pp2.6%within the sector's middle half▲ 20.7pp6.5%within the sector's middle half▲ 3.9pp-8.8%below the sector's middle half▼ 15.2pp
Staff (FTE)2.2within the sector's middle half▼ 31.3%3.6▲ 63.6%3.2▼ 11.1%3▼ 6.3%2.8▼ 6.7%
above within below the middle half (P25 to P75) of NACE 49, Land transport and transport via pipelines, 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
-€60,000-€40,000-€20,000€0€20,000Operating result 2020: €11,421€11,421Net result 2020: €3,813€3,813Operating result 2021: -€28,839-€28,839Net result 2021: -€37,125-€37,125Operating result 2022: €13,074€13,074Net result 2022: €7,733€7,733Operating result 2023: €23,731€23,731Net result 2023: €18,699€18,699Operating result 2024: -€41,428-€41,428Net result 2024: -€48,676-€48,67620202021202220232024-€60,000-€40,000-€20,000€0€20,000Operating result 2022: €13,074€13,100Net result 2022: €7,733€7,730Operating result 2023: €23,731€23,700Net result 2023: €18,699€18,700Operating result 2024: -€41,428-€41,400Net result 2024: -€48,676-€48,700202220232024
The operating result turns negative in 2024: a loss of €41,428 after €23,731 in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €556,157
Fixed assets €217,566 ▲ 100%
Current assets €338,591 ▲ 87.2%
Equity and liabilities €556,157
Equity €33,629 ▼ 59.1%
Debt €522,528 ▲ 152%
Debt's share of the balance-sheet total rises from 71.6% to 94.0%. Equity is lower and debt is higher.
Key figures and ratios
2024 value · change against 2023
EBITDA
€16,666▼
2023 · €72,220
Cash flow
€9,418▼
2023 · €67,189
Quick ratio
2.60▼
2023 · 2.79
Debt to equity
15.54▲
2023 · 2.52
ROE
-144.7%▼
2023 · 22.7%
Interest coverage
2.29▼
2023 · 14.35
Debt ≤ 1 year
€128,123▲
2023 · €63,155
Debt > 1 year
€393,470▲
2023 · €143,081
Staff costs
€61,184▲
2023 · €54,787
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 53 lines
Balance sheet Code20232024
Assets
Total assets20/58€289,477€556,157▲
Fixed assets21/28€108,575€217,566▲
Tangible fixed assets22/27€107,917€216,908▲
Furniture and vehicles24€67,498€159,712▲
Other tangible fixed assets26€40,419€57,196▲
Financial fixed assets28€658€658=
Current assets29/58€180,902€338,591▲
Stocks and contracts in progress3€4,933€4,933=
Stocks30/36€4,933€4,933=
Amounts receivable within one year40/41€104,118€266,953▲
Trade receivables40€73,243€243,707▲
Other amounts receivable41€30,875€23,246▼
Cash at bank and in hand54/58€58,239€52,898▼
Deferred charges and accrued income490/1€13,612€13,807▲
Equity and liabilities
Total equity and liabilities10/49€289,477€556,157▲
Equity10/15€82,306€33,629▼
Contributions10/11€20,460€20,460=
Reserves13€17,500€17,500=
Non-distributable reserves130/1€17,500-
Other1319€17,500-
Tax-exempt reserves132-€17,500
Profit (loss) carried forward14€44,346-€4,331▼
Amounts payable17/49€207,172€522,528▲
Amounts payable after more than one year17€143,081€393,470▲
Financial debts170/4€34,371€95,028▲
Other amounts payable178/9€108,710€298,442▲
Amounts payable within one year42/48€63,155€128,123▲
Financial debts43€16,867€38,292▲
Other loans439€16,867€38,292▲
Trade debts44€22,103€64,768▲
Suppliers440/4€22,103€64,768▲
Taxes, remuneration and social security45€22,183€22,324▲
Taxes450/3€1,531€580▼
Remuneration and social security454/9€20,652€21,744▲
Other amounts payable47/48€2,002€2,738▲
Accrued charges and deferred income492/3€935€935=
Income statement Code20232024
Turnover70€287,064€251,656▼
Non-recurring operating income76A€913-
Goods, raw materials, services and sundry goods60/61€146,137€155,605▲
Remuneration, social security and pensions62€54,787€61,184▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€48,489€58,094▲
Other operating charges640/8€14,833€18,202▲
Gross operating margin9900€141,840€96,052▼
Operating profit (loss)9901€23,731-€41,428▼
Financial income75/76B-€42
Recurring financial income75-€42
Financial charges65/66B€5,032€7,290▲
Recurring financial charges65€5,032€7,290▲
Profit (loss) for the period before taxes9903€18,699-€48,676▼
Profit (loss) for the period9904€18,699-€48,676▼
Profit (loss) for the period to be appropriated9905€18,699-€48,676▼
Appropriation of the result
Profit (loss) to be appropriated9906€44,346-€4,331▼
Profit (loss) brought forward from the previous period14P€25,646€44,346▲

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

Line20202021202220232024Change
Turnover70€178,109€312,279€273,155€287,064€251,656▼ 12.3%
Non-recurring operating income76A--€47,733€913--
Goods, raw materials, services and sundry goods60/61-€220,151€201,064€146,137€155,605▲ 6.5%
Remuneration, social security and pensions62-€57,929€56,712€54,787€61,184▲ 11.7%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11,602€31,464€35,431€48,489€58,094▲ 19.8%
Other operating charges640/8-€7,230€4,324€14,833€18,202▲ 22.7%
Non-recurring operating charges66A-€24,344€10,283---
Gross operating margin9900€34,980€92,128€119,825€141,840€96,052▼ 32.3%
Operating profit (loss)9901€11,421-€28,839€13,074€23,731-€41,428▼ 275%
Financial income75/76B--€376-€42-
Recurring financial income75€1,102-€376-€42-
Financial charges65/66B-€8,276€5,718€5,032€7,290▲ 44.9%
Recurring financial charges65€3,947€8,276€5,718€5,032€7,290▲ 44.9%
Profit (loss) for the period before taxes9903€8,576-€37,115€7,733€18,699-€48,676▼ 360%
Income taxes67/77€4,763€10----
Profit (loss) for the period9904€3,813-€37,125€7,733€18,699-€48,676▼ 360%
Profit (loss) for the period to be appropriated9905€3,813-€37,125€7,733€18,699-€48,676▼ 360%
Line20202021202220232024Change
Assets
Total assets20/58€153,912€204,579€300,205€289,477€556,157▲ 92.1%
Fixed assets21/28€57,629€90,457€108,825€108,575€217,566▲ 100%
Tangible fixed assets22/27€57,344€89,887€108,255€107,917€216,908▲ 101%
Furniture and vehicles24-€79,744€100,411€67,498€159,712▲ 137%
Other tangible fixed assets26-€10,144€7,843€40,419€57,196▲ 41.5%
Financial fixed assets28€285€570€570€658€658=
Current assets29/58€96,283€114,122€191,380€180,902€338,591▲ 87.2%
Stocks and contracts in progress3--€4,933€4,933€4,933=
Stocks30/36--€4,933€4,933€4,933=
Amounts receivable within one year40/41€45,378€70,048€129,335€104,118€266,953▲ 156%
Trade receivables40-€55,007€99,332€73,243€243,707▲ 233%
Other amounts receivable41-€15,042€30,002€30,875€23,246▼ 24.7%
Cash at bank and in hand54/58€35,615€30,347€41,942€58,239€52,898▼ 9.2%
Deferred charges and accrued income490/1-€13,727€15,170€13,612€13,807▲ 1.4%
Equity and liabilities
Total equity and liabilities10/49€153,912€204,579€300,205€289,477€556,157▲ 92.1%
Equity10/15€92,999€55,874€63,606€82,306€33,629▼ 59.1%
Contributions10/11€18,600€18,600€18,600€20,460€20,460=
Capital10-€18,600----
Issued capital100-€18,600----
Reserves13€19,360€19,360€19,360€17,500€17,500=
Non-distributable reserves130/1-€1,860€1,860€17,500--
Legal reserve130-€1,860----
Reserves not available under the articles1311--€1,860---
Other1319---€17,500--
Tax-exempt reserves132-€17,500€17,500-€17,500-
Profit (loss) carried forward14€55,039€17,914€25,646€44,346-€4,331▼ 110%
Amounts payable17/49€60,913€148,706€236,598€207,172€522,528▲ 152%
Amounts payable after more than one year17-€95,000€167,860€143,081€393,470▲ 175%
Financial debts170/4-€15,000€52,260€34,371€95,028▲ 176%
Other amounts payable178/9-€80,000€115,600€108,710€298,442▲ 175%
Amounts payable within one year42/48€59,978€52,771€67,803€63,155€128,123▲ 103%
Financial debts43-€11,933€18,349€16,867€38,292▲ 127%
Other loans439-€11,933€18,349€16,867€38,292▲ 127%
Trade debts44€26,469€14,285€21,357€22,103€64,768▲ 193%
Suppliers440/4-€14,285€21,357€22,103€64,768▲ 193%
Taxes, remuneration and social security45-€15,338€22,909€22,183€22,324▲ 0.6%
Taxes450/3-€6,590€6,595€1,531€580▼ 62.1%
Remuneration and social security454/9-€8,747€16,314€20,652€21,744▲ 5.3%
Other amounts payable47/48-€11,215€5,187€2,002€2,738▲ 36.8%
Accrued charges and deferred income492/3-€935€935€935€935=
Line20202021202220232024Change
Profit (loss) for the period9904€3,813-€37,125€7,733€18,699-€48,676▼ 360%
+ Depreciation and write-downs630€11,602€31,464€35,431€48,489€58,094▲ 19.8%
Operating cash flow (approximation)€15,415-€5,661€43,163€67,189€9,418▼ 86.0%
Investment in fixed assets (approximation)--€64,293-€53,798-€48,240-€167,086▼ 246%
Change in cash--€5,268€11,595€16,297-€5,341▼ 133%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Timeline · acts, filings and financial milestones

2026
10-07
Bankruptcy Opening
Tribunal de l’entreprise francophone de Bruxelles · event 02-07-2026
2025
12-09
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 43 days late
2024
31-12
Financial Weakest financial yearnet -€48,676
Net result drops to -€48,676, the lowest in the series.
14-10
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 75 days late
2023
31-12
Financial Highest result since 2018net €18,699 ▲142%
Operating result €23,731, net result €18,699, both a record.
18-10
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 79 days late
2022
31-12
Financial Back to profitnet €7,733
Net result €7,733 after one loss-making year.
11-10
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 72 days late
2021
24-08
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 24 days late
2020
03-12
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 125 days late
2019
06-08
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 6 days late
2018
23-08
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 23 days late
2017
26-07
NBB filing Annual accounts filed
fiscal year 2016 · micro schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts

We know of 4 Belgian State Gazette acts for this company. None of them has 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.

Directors · office · real estate

Directors
4 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, Elsene · 2 establishment units since 2016
seat establishment All 2 establishment units on the map
Ground area
1.4 ha
Building footprint
3,850 m²
Volume, LiDAR
32,198 m³
3 parcels, Brussels, Flanders · tallest building 29.8 m, ±8 floors. Linked by address, not a title deed.
276 companies at this address See who is registered here
2 establishment units
T.L.
De Kleetlaan 4, 1831 Machelen (Brab.)Manufacture of motor vehicles, trailers and semi-trailers
since 20162.251.086.621
TL
NACE 45113
since 20222.330.787.660
3 parcels
Flanders 2 (66.7%) Brussels 1 (33.3%)
Parcel (capakey) Region Area Buildings Height / fl.
23015B0162/00A004 Flanders 6,849 m² 1 · 1,317 m² 16.6 m · 4 fl.
22004A0021/00X000 Flanders 6,468 m² 1 · 2,116 m² 16.4 m · 1 fl.
21807G0120/00H005 Brussels 480 m² 1 · 417 m² 29.8 m · 8 fl.
Linked by address, not proof of ownership
Good to know
3 of 3 parcels 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 GUILLAUME STOOP
GALERIE DU ROI 27, 1000 BRUXELLES
02-07-2026 → present

Similar companies · same sector, comparable size

Of 12,583 companies in sector 49410 we hold annual accounts for 8,204. 5,654 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded11-03-2016
Fiscal year end31-12
Activities, NACEBEL 2025
49320Non-scheduled passenger transport by road
49330On-demand passenger transport by chauffeured vehicle
49410Freight transport by road
47811Retail sale of cars and light vans (up to 3.5 tonnes)
47812Retail trade
95311General maintenance and repair of cars and light vans (up to 3.5 tonnes)
95319Other maintenance and repair of motor vehicles
49310Scheduled passenger transport by road
53100Postal and courier activities
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 29 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.