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TAIZO

Open bankruptcy
Private limited company (pre-2019)founded 2005Boterstraat 11, 8900 Ieper, BelgiumKBO/BCE: BE 0875.151.618

A bankruptcy procedure is open for TAIZO according to publications in the Belgian State Gazette; curator: MARTINE SMOUT.

Summary

The 2019 annual accounts show equity of €15,108 and a net result of -€21,023.

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
Enterprise Court of Ghent, Ypres division
Declared bankrupt
18 May 2020
Supervising judge
CéDRIQUE De Poot
Official Gazette
25-05-2020 (pdf) ↗search the document for 2020/118582

Deadlines

Provisional date payments stopped
18 May 2020A later judgment can change the date.art. XX.105 CEL
Appeal or third-party opposition until
passed on 9 June 2020Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
File the claim in RegSol until
passed on 17 June 2020art. XX.104 and XX.155 CEL
First verification report
passed on 1 July 2020Goods 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
passed on 18 May 2021Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL

Curator

  • Martine SmoutMinneplein 2, 8900 Ieperinfo@martinesmout.be

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

Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
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 · Latest accounts filed on time
The financial year that closed on 30-09-2019 was due by 30-04-2020 and was filed on 24-04-2020, 6 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not filed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
not filed
2019
6 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its 2019 accounts 6 days before the deadline; the sector median for financial year 2024 is on the deadline day, and 48% 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 18 July 2005, TAIZO was incorporated.1 The company has filed 14 sets of annual accounts, the latest for fiscal year 2019.2 The company was declared bankrupt on 18 May 2020.3

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2019
  3. 3Belgian State Gazette, 25-05-2020

Go further with this company

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

Financials · fiscal year 2019, micro schema

Equity
€15,108▼ 58.2%
2018 · €36,130
Total assets
€247,318▼ 14.8%
2018 · €290,185
Net result
-€21,023
2018 · €6,174
Working capital
€10,490▼ 79.5%
2018 · €51,183
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20182019
Operating result-€11,010--€16,841▼ 53.0%
Net result€6,174--€21,023
Equity€36,130-€15,108▼ 58.2%
Total assets€290,185-€247,318▼ 14.8%
Debt€254,055-€232,211▼ 8.6%
Working capital€51,183-€10,490▼ 79.5%
Staff (FTE)6-6=
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€30,000-€20,000-€10,000€0€10,000Operating result 2018: -€11,010-€11,010Net result 2018: €6,174€6,174Operating result 2019: -€16,841-€16,841Net result 2019: -€21,023-€21,02320182019-€30,000-€20,000-€10,000€0€10,000Operating result 2018: -€11,010-€11,000Net result 2018: €6,174€6,170Operating result 2019: -€16,841-€16,800Net result 2019: -€21,023-€21,00020182019
The operating result stays negative: a loss of €16,841 in 2019 against €11,010 in 2018; the loss grows.
Balance-sheet composition
2019 in colour, 2018 as the grey bar beneath
Assets €247,318
Fixed assets €9,212 ▲ 240%
Current assets €238,107 ▼ 17.2%
Equity and liabilities €247,318
Equity €15,108 ▼ 58.2%
Debt €232,211 ▼ 8.6%
Debt's share of the balance-sheet total rises from 87.5% to 93.9%. Equity and debt are lower.
Key figures and ratios
2019 value · change against 2018
EBITDA
-€11,831▼
2018 · -€5,278
Cash flow
-€16,014▼
2018 · €11,906
Current ratio
1.05▼
2018 · 1.22
Quick ratio
0.08▼
2018 · 0.13
Debt to equity
0.30▼
2018 · 0.48
ROE
-139.2%▼
2018 · 17.1%
ROA
-8.5%▼
2018 · 2.1%
Debt ≤ 1 year
€227,616▼
2018 · €236,296
Debt > 1 year
€4,528▼
2018 · €17,457
Income taxes
€176▼
2018 · €5,528
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 · 2019 against 2018 · 25 lines
Balance sheet Code20182019
Assets
Total assets20/58€290,185€247,318▼
Fixed assets21/28€2,706€9,212▲
Tangible fixed assets22/27€2,706€9,212▲
Current assets29/58€287,479€238,107▼
Stocks and contracts in progress3€257,681€219,391▼
Amounts receivable within one year40/41-€2,958
Cash at bank and in hand54/58€27,094€2,335▼
Equity and liabilities
Total equity and liabilities10/49€290,185€247,318▼
Equity10/15€36,130€15,108▼
Contributions10/11€18,600€18,600=
Reserves13€17,530€17,530=
Profit (loss) carried forward14--€21,023
Amounts payable17/49€254,055€232,211▼
Amounts payable after more than one year17€17,457€4,528▼
Amounts payable within one year42/48€236,296€227,616▼
Trade debts44€109,451€102,219▼
Income statement Code20182019
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5,732€5,009▼
Gross operating margin9900€219,118€206,940▼
Operating profit (loss)9901-€11,010-€16,841▼
Recurring financial income75€4,785€207▼
Recurring financial charges65€6,698€4,213▼
Profit (loss) for the period before taxes9903€11,702-€20,847▼
Income taxes67/77€5,528€176▼
Profit (loss) for the period9904€6,174-€21,023▼
Profit (loss) for the period to be appropriated9905€6,174-€21,023▼
Line20182019Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5,732€5,009▼ 12.6%
Gross operating margin9900€219,118€206,940▼ 5.6%
Operating profit (loss)9901-€11,010-€16,841▼ 53.0%
Recurring financial income75€4,785€207▼ 95.7%
Recurring financial charges65€6,698€4,213▼ 37.1%
Profit (loss) for the period before taxes9903€11,702-€20,847▼ 278%
Income taxes67/77€5,528€176▼ 96.8%
Profit (loss) for the period9904€6,174-€21,023▼ 441%
Profit (loss) for the period to be appropriated9905€6,174-€21,023▼ 441%
Line20182019Change
Assets
Total assets20/58€290,185€247,318▼ 14.8%
Fixed assets21/28€2,706€9,212▲ 240%
Tangible fixed assets22/27€2,706€9,212▲ 240%
Current assets29/58€287,479€238,107▼ 17.2%
Stocks and contracts in progress3€257,681€219,391▼ 14.9%
Amounts receivable within one year40/41-€2,958-
Cash at bank and in hand54/58€27,094€2,335▼ 91.4%
Equity and liabilities
Total equity and liabilities10/49€290,185€247,318▼ 14.8%
Equity10/15€36,130€15,108▼ 58.2%
Contributions10/11€18,600€18,600=
Reserves13€17,530€17,530=
Profit (loss) carried forward14--€21,023-
Amounts payable17/49€254,055€232,211▼ 8.6%
Amounts payable after more than one year17€17,457€4,528▼ 74.1%
Amounts payable within one year42/48€236,296€227,616▼ 3.7%
Trade debts44€109,451€102,219▼ 6.6%
Line20182019Change
Profit (loss) for the period9904€6,174-€21,023▼ 441%
+ Depreciation and write-downs630€5,732€5,009▼ 12.6%
Operating cash flow (approximation)€11,906-€16,014▼ 234%
Investment in fixed assets (approximation)--€11,515-
Change in cash--€24,759-

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

2025
28-04
Bankruptcy Supervising judge replaced
Ondernemingsrechtbank Gent, afdeling Ieper · event 22-04-2025
2024
19-01
Bankruptcy Supervising judge replaced
Ondernemingsrechtbank Gent, afdeling Ieper · event 19-12-2023
2023
13-07
Bankruptcy Supervising judge replaced
Ondernemingsrechtbank Gent, afdeling Ieper · event 27-06-2023
2020
25-05
Bankruptcy Opening
Ondernemingsrechtbank Gent, afdeling Ieper · event 18-05-2020
24-04
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
28-03
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
07-05
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 7 days late
2017
08-05
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema · 8 days late
2016
25-04
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema
2015
02-04
NBB filing Annual accounts filed
fiscal year 2014 · abbreviated schema
2014
25-04
NBB filing Annual accounts filed
fiscal year 2013 · abbreviated schema
2013
25-04
NBB filing Annual accounts filed
fiscal year 2012 · abbreviated schema
2012
26-04
NBB filing Annual accounts filed
fiscal year 2011 · abbreviated schema
2011
29-04
NBB filing Annual accounts filed
fiscal year 2010 · abbreviated schema
SignalNBB filing
0 of 1 act read
About the unread acts

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.

Directors · office · real estate

Directors
1 act for this company is 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 · 2 establishment units since 2005
seat establishment All 2 establishment units on the map
Ground area
509 m²
Building footprint
509 m²
Volume, LiDAR
4,740 m³
2 parcels, Flanders · tallest building 17.3 m, ±4 floors. Linked by address, not a title deed.
2 companies at this address See who is registered here
2 establishment units
TAIZO
Boterstraat 11, 8900 IeperNACE 93022
since 20052.148.596.223
Taizo
Oostendestraat 14, 8820 TorhoutNACE 93022
since 20052.149.455.167
2 parcels
Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
31033K0243/00T000 Flanders 339 m² 1 · 339 m² 16.0 m · 3 fl.
33011I0071/00C000 Flanders 170 m² 1 · 170 m² 17.3 m · 4 fl.
Linked by address, not proof of ownership
Good to know
2 of 2 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 MARTINE SMOUT
MINNEPLEIN 2, 8900 IEPER-
18-05-2020 → present

Similar companies · same sector, comparable size

Of 24,867 companies in sector 96220 we hold annual accounts for 1,445. 1,156 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 (pre-2019)
Founded18-07-2005
Fiscal year end30-09
Activities, NACEBEL 2025
96220Beauty care and other beauty treatments
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.