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TAELS & CO

Inactive
KBO/BCE: BE 0418.055.845

TAELS & CO was declared bankrupt on 23-11-2023 (Ondernemingsrechtbank Leuven); the bankruptcy was closed for insufficient assets by judgment of 21-11-2024, published in the Belgian State Gazette on 27-11-2024.

No longer registered with the KBO; last annual accounts for fiscal year 2022.

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 31-12-2023, 3 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
31-12-2023 close31-07-2024 deadline22-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 12-10-2023, 73 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 · 10 filings
Deviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
73 d late
2021
9 d late
2020
4 d late
2019
88 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 2022, micro schema

Equity
€188k▲ 5.3%
2021 · €178k
2018: €508k 2019: €161k 2020: €171k 2021: €178k
2018 → 2022
Total assets
€188k▲ 5.3%
2021 · €178k
2018: €608k 2019: €161k 2020: €171k 2021: €178k
2018 → 2022
Net result
€10k▲ 26.0%
2021 · €8k
2018: €-8k 2019: €-346k 2020: €10k 2021: €8k
2018 → 2022
Working capital
€307k
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20182019202020212022Trend
Equity€508k-€161k▼ 68.3%€171k▲ 6.1%€178k▲ 4.4%€188k▲ 5.3%
Operating result€-14k-€44k€-1k€-2k▼ 33.8%€-2k▼ 23.2%
Net result€-8k-€-346k▼ 4,456%€10k€8k▼ 23.0%€10k▲ 26.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-400k€-300k€-200k€-100k€0Operating result 2018: €-14k€-14kNet result 2018: €-8k€-8kOperating result 2019: €44k€44kNet result 2019: €-346k€-346kOperating result 2020: €-1k€-1kNet result 2020: €10k€10kOperating result 2021: €-2k€-2kNet result 2021: €8k€8kOperating result 2022: €-2k€-2kNet result 2022: €10k€10k20182019202020212022
The operating result stays negative: a loss of €2k in 2022 against €2k in 2021; the loss grows.
Key figures and ratios
2022 value · change against 2021
Solvency
100.0%=
2021 · 100.0%
ROE
5.1%
2021 · 4.2%
ROA
5.1%
2021 · 4.2%
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 · 2022 against 2021
Balance sheet Code20212022
Assets
Total assets20/58€178k€188k
Current assets29/58€178k€188k
Amounts receivable within one year40/41€164k€184k
Other amounts receivable41€164k€184k
Cash at bank and in hand54/58€14k€4k
Equity and liabilities
Total equity and liabilities10/49€178k€188k
Equity10/15€178k€188k
Contributions10/11€62k€62k=
Reserves13€116k€126k
Non-distributable reserves130/1€60k€60k=
Reserves not available under the articles1311€60k€60k=
Distributable reserves133€57k€66k
Income statement Code20212022
Other operating charges640/8€695€348
Gross operating margin9900€-1k€-2k
Operating profit (loss)9901€-2k€-2k
Financial income75/76B€10k€12k
Recurring financial income75€10k€12k
Financial charges65/66B€129€47
Recurring financial charges65€129€47
Profit (loss) for the period before taxes9903€8k€10k
Profit (loss) for the period9904€8k€10k
Profit (loss) for the period to be appropriated9905€8k€10k
Appropriation of the result
Profit (loss) to be appropriated9906€8k€10k
Transfer to equity691/2€8k€10k
To other reserves6921€8k€10k

The notes to these accounts (1 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

2024
27-11
Bankruptcy Bankruptcy closure (insufficient assets)
Ondernemingsrechtbank Leuven · TAELS & CO BV ERNEST CLAESSTRAAT 49A/3, 3271 ZICHEM · event 21-11-2024
2023
29-11
Bankruptcy Opening
Ondernemingsrechtbank Leuven · TAELS & CO BV ERNEST CLAESSTRAAT 49A/3, 3271 ZICHEM · event 23-11-2023
12-10
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 73 days late
2022
09-08
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 9 days late
2021
04-08
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 4 days late
2020
31-12
Financial Back to profitnet €10k
Net result €10k after 2 loss-making years.
27-10
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 88 days late
2019
31-12
Financial Weakest financial yearnet €-346k
Net result drops to €-346k, the lowest in the series.
07-08
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 7 days late
2018
25-10
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 86 days late
2017
27-09
NBB filing Annual accounts filed
fiscal year 2016 · micro schema · 58 days late
2016
11-10
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema · 72 days late
2015
31-08
NBB filing Annual accounts filed
fiscal year 2014 · abbreviated schema · 31 days late
2014
28-08
NBB filing Annual accounts filed
fiscal year 2013 · abbreviated schema · 28 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
8 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 JOHAN MOMMAERTS
BRUSSELSESTEENWEG 62, 3000 LEUVEN
23-11-2023 → present