TAMAJUL
InactiveSignals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2022, 4 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 · 4 filingsPosition against the passed deadline
31-12-2022 close31-07-2023 deadline01-10-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2021 was due by 31-07-2022 and was filed on 15-07-2022, 16 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2021
16 d early
2020
20 d early
2019
42 d early
2018
41 d early
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 4 accounts on average 30 days before the deadline; the Belgian median for financial year 2021 is 3 days before the deadline, and 44% of all filings were late.
Checked, nothing found (1)
History
Financials · fiscal year 2021, micro schema
Equity
€23,394▲ 2.2%
2020 · €22,902
Total assets
€90,231▼ 4.2%
2020 · €94,139
Net result
€492
2020 · -€4,174
Working capital
-€7,976▲ 54.6%
2020 · -€17,574
Trend over the years
In euros
In euros
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line2018201920202021
Operating result-€5,405-€17,036-€1,348€2,460
Net result-€6,933-€15,409-€4,174€492
Equity€11,667-€27,076▲ 132%€22,902▼ 15.4%€23,394▲ 2.2%
Total assets€86,342-€121,187▲ 40.4%€94,139▼ 22.3%€90,231▼ 4.2%
Debt€74,675-€94,111▲ 26.0%€71,237▼ 24.3%€66,836▼ 6.2%
Working capital-€3,823--€5,221▼ 36.6%-€17,574▼ 237%-€7,976▲ 54.6%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2021: €2,460 after a loss of €1,348 in 2020.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €89,898
Fixed assets
€67,046 ▼ 19.5%
Current assets
€22,852 ▲ 124%
Equity and liabilities €90,231
Equity
€23,394 ▲ 2.2%
Debt
€66,836 ▼ 6.2%
Debt's share of the balance-sheet total falls from 75.7% to 74.1%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€20,922▲
2020 · €19,626
Cash flow
€18,955▲
2020 · €16,799
Current ratio
0.74▲
2020 · 0.37
Quick ratio
0.50▲
2020 · 0.17
Debt to equity
2.86▲
2020 · 1.90
ROE
2.1%▲
2020 · -18.2%
ROA
0.5%▲
2020 · -4.4%
Interest coverage
10.36
Debt ≤ 1 year
€30,828▲
2020 · €27,796
Debt > 1 year
€36,008▼
2020 · €43,441
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €12,791 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €9,256 | €16,911 | €20,974 | €18,462 | ▼ 12.0% |
| Other operating charges640/8 | - | - | - | €628 | - |
| Gross operating margin9900 | €4,430 | €34,532 | €22,551 | €21,551 | ▼ 4.4% |
| Operating profit (loss)9901 | -€5,405 | €17,036 | -€1,348 | €2,460 | ▲ 283% |
| Financial income75/76B | - | - | - | €52 | - |
| Recurring financial income75 | €12 | €13 | €26 | €52 | ▲ 98.9% |
| Financial charges65/66B | - | - | - | €2,020 | - |
| Recurring financial charges65 | €1,540 | €1,640 | €2,853 | €2,020 | ▼ 29.2% |
| Profit (loss) for the period before taxes9903 | -€6,933 | €15,409 | -€4,174 | €492 | ▲ 112% |
| Profit (loss) for the period9904 | -€6,933 | €15,409 | -€4,174 | €492 | ▲ 112% |
| Profit (loss) for the period to be appropriated9905 | -€6,933 | €15,409 | -€4,174 | €492 | ▲ 112% |
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €86,342 | €121,187 | €94,139 | €90,231 | ▼ 4.2% |
| Formation expenses20 | €1,186 | €901 | €617 | €333 | ▼ 46.0% |
| Fixed assets21/28 | €55,601 | €67,994 | €83,300 | €67,046 | ▼ 19.5% |
| Intangible fixed assets21 | €2,375 | €1,805 | €1,235 | €665 | ▼ 46.2% |
| Tangible fixed assets22/27 | €51,426 | €64,389 | €80,265 | €64,581 | ▼ 19.5% |
| Plant, machinery and equipment23 | - | - | - | €40,617 | - |
| Furniture and vehicles24 | - | - | - | €11,972 | - |
| Other tangible fixed assets26 | - | - | - | €11,992 | - |
| Financial fixed assets28 | €1,800 | €1,800 | €1,800 | €1,800 | = |
| Current assets29/58 | €29,555 | €52,291 | €10,222 | €22,852 | ▲ 124% |
| Amounts receivable after more than one year29 | - | - | - | €9,232 | - |
| Other amounts receivable291 | - | - | - | €9,232 | - |
| Stocks and contracts in progress3 | €3,767 | €7,849 | €5,508 | €7,398 | ▲ 34.3% |
| Stocks30/36 | - | - | - | €7,398 | - |
| Amounts receivable within one year40/41 | €1,657 | €2,070 | €1,462 | €1,551 | ▲ 6.1% |
| Trade receivables40 | - | - | - | €674 | - |
| Other amounts receivable41 | - | - | - | €877 | - |
| Cash at bank and in hand54/58 | €23,446 | €41,723 | €2,549 | €3,310 | ▲ 29.9% |
| Deferred charges and accrued income490/1 | - | - | - | €1,362 | - |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €86,342 | €121,187 | €94,139 | €90,231 | ▼ 4.2% |
| Equity10/15 | €11,667 | €27,076 | €22,902 | €23,394 | ▲ 2.2% |
| Contributions10/11 | €18,600 | €18,600 | - | €18,600 | - |
| Reserves13 | - | €8,000 | €8,000 | €8,000 | = |
| Non-distributable reserves130/1 | - | - | - | €500 | - |
| Reserves not available under the articles1311 | - | - | - | €500 | - |
| Distributable reserves133 | - | - | - | €7,500 | - |
| Profit (loss) carried forward14 | -€6,933 | €476 | -€3,698 | -€3,206 | ▲ 13.3% |
| Amounts payable17/49 | €74,675 | €94,111 | €71,237 | €66,836 | ▼ 6.2% |
| Amounts payable after more than one year17 | €41,296 | €36,599 | €43,441 | €36,008 | ▼ 17.1% |
| Financial debts170/4 | - | - | - | €36,008 | - |
| Amounts payable within one year42/48 | €33,379 | €57,512 | €27,796 | €30,828 | ▲ 10.9% |
| Current portion of amounts payable after more than one year42 | - | - | - | €7,433 | - |
| Trade debts44 | €3,466 | €2,150 | €370 | €998 | ▲ 170% |
| Suppliers440/4 | - | - | - | €998 | - |
| Taxes, remuneration and social security45 | - | - | - | €3,990 | - |
| Taxes450/3 | - | - | - | €640 | - |
| Remuneration and social security454/9 | - | - | - | €3,350 | - |
| Other amounts payable47/48 | - | - | - | €18,407 | - |
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€6,933 | €15,409 | -€4,174 | €492 | ▲ 112% |
| + Depreciation and write-downs630 | €9,256 | €16,911 | €20,974 | €18,462 | ▼ 12.0% |
| Operating cash flow (approximation) | €2,323 | €32,320 | €16,799 | €18,955 | ▲ 12.8% |
| Investment in fixed assets (approximation) | - | -€29,305 | -€36,279 | -€2,208 | ▲ 93.9% |
| Change in cash | - | €18,276 | -€39,174 | €761 | ▲ 102% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
10-06
Bankruptcy
Bankruptcy closure (by liquidation)
Ondernemingsrechtbank Gent, afdeling Gent · event 03-06-2025
2024
07-08
Bankruptcy
Supervising judge replaced
Ondernemingsrechtbank Gent, afdeling Gent · event 23-07-2024
2022
01-09
Bankruptcy
Opening
Ondernemingsrechtbank Gent, afdeling Gent · event 24-08-2022
15-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €492
Net result €492 after one loss-making year.
11-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
19-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Back to profitnet €15,409
Net result €15,409 after one loss-making year.
20-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
No directors read yet: 0 of 3 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | LAURENCE CARAMIN Sint-Christianastraat 48, 9890 Gavere |
24-08-2022 → 03-06-2025 |