TAIZ
InactiveTAIZ was declared bankrupt on 27-01-2022 (Ondernemingsrechtbank Antwerpen, afdeling Antwerpen); the bankruptcy was closed for insufficient assets by judgment of 18-10-2022, published in the Belgian State Gazette on 28-10-2022.
No longer registered with the KBO; last annual accounts for fiscal year 2017.
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · No filing for years
The last filed financial year closed on 31-12-2017. Since then, 8 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 6 filingsPosition against the passed deadline
31-12-2018 close31-07-2019 deadline22-09-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2017 was due by 31-07-2018 and was filed on 31-12-2018, 153 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 6 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
not filed
2019
not filed
← before the deadline
after the deadline →
Financials · fiscal year 2017, micro schema
Turnover
€99k
EBIT margin
27.2%
Net result
€27k
2016 · €-5k
2013: €2k
2014: €-9k
2015: €-6k
2016: €-5k
2013 → 2017
Working capital
€28k▲ 3,760%
2016 · €729
2013: €17k
2014: €10k
2015: €5k
2016: €729
2013 → 2017
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20132014201520162017Trend
Turnover€99k
Equity€23k-€14k▼ 38.6%€8k▼ 41.5%€3k▼ 62.9%€30k▲ 890%
Operating result€2k-€-9k€-6k▲ 33.6%€-5k▲ 19.3%€27k
Net result€2k-€-9k€-6k▲ 33.9%€-5k▲ 11.4%€27k
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2017: €27k after a loss of €5k in 2016, the highest result in the available series.
Balance-sheet composition
2017 in colour, 2016 as the grey bar beneath
Assets €42k
Fixed assets
€2k▼ 21.6%
Current assets
€40k▲ 663%
Equity and liabilities €42k
Equity
€30k▲ 890%
Debt
€12k▲ 159%
The debt ratio falls from 59.7% to 27.9%. Equity and debt are higher.
Key figures and ratios
EBITDA
€27k▲
2016 · €-4k
Cash flow
€27k▲
2016 · €-4k
Solvency
72.1%▲
2016 · 40.3%
Current ratio
3.43▲
2016 · 1.16
Quick ratio
3.41▲
2016 · 1.11
ROE
89.9%▲
2016 · -169.3%
ROA
64.8%▲
2016 · -68.3%
Debt
€12k▲
2016 · €4k
Debt ≤ 1 year
€12k▲
2016 · €4k
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 · 2017 against 2016
Balance sheet
Code20162017
Assets
Total assets20/58€7k€42k▲
Fixed assets21/28€2k€2k▼
Tangible fixed assets22/27€495-
Financial fixed assets28€2k€2k=
Current assets29/58€5k€40k▲
Stocks and contracts in progress3€250€250=
Amounts receivable within one year40/41€3k€9k▲
Cash at bank and in hand54/58€389€30k▲
Equity and liabilities
Total equity and liabilities10/49€7k€42k▲
Equity10/15€3k€30k▲
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Profit (loss) carried forward14€-17k€9k▲
Amounts payable17/49€4k€12k▲
Amounts payable within one year42/48€4k€12k▲
Trade debts44€2k€2k▲
Income statement
Code20162017
Turnover70-€99k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€935€495▼
Gross operating margin9900€-3k€31k▲
Operating profit (loss)9901€-5k€27k▲
Recurring financial charges65€177€32▼
Profit (loss) for the period before taxes9903€-5k€27k▲
Profit (loss) for the period9904€-5k€27k▲
Profit (loss) for the period to be appropriated9905€-5k€27k▲
Timeline · acts, filings and financial milestones
2022
28-10
Bankruptcy
Bankruptcy closure (insufficient assets)
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · TAIZ BV KASTEELPLEINSTRAAT 53, 2000 ANTWERPEN 1 · event 18-10-2022
02-02
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · TAIZ BV KASTEELPLEIN- STRAAT 53, 2000 ANTWERPEN 1 · event 27-01-2022
2018
31-12
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 153 days late
2017
31-12
Financial
Back to profitnet €27k
Net result €27k after 3 loss-making years.
31-12
Financial
Liquidity triplescurrent ratio 3.43
Current ratio from 1.16 to 3.43.
28-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
20-07
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
2015
10-07
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema
2014
31-12
Financial
Weakest financial yearnet €-9k ▼477%
Net result drops to €-9k, the lowest in the series.
25-06
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema
2013
28-06
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 | GUY VANHOUCKE ANSELMOSTRAAT 2,
2018 ANTWERPEN 1 |
27-01-2022 → present |