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BE 0788.510.624Private limited companyOpen bankruptcy
TB FACTORY
Burgemeester Reynaertstraat(Kor) 6 ·8500 Kortrijk, Belgium· 3 yrs active
Sector: Food & beverage service
(56111)
Conclusion
A bankruptcy procedure is open for TB FACTORY according to publications in the Belgian State Gazette. The 2023 annual accounts show negative equity (€-10k) and a net result of €-10k.
Based on the State Gazette, CBE and 2 annual accounts.
Key figures
| Equity | €-10k |
| Net result | €-10k |
| Better than sector | 27% |
| Active | 3 yrs |
Snowflake analysis
38
/ 100
Fragile profile — watch health in particular.
Health
0
Profitability
100
Solvency
34
Growth
58
Stability
0
Bankruptcy probability (12 mo)
Bankruptcy opened
A bankruptcy procedure is already open — a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.
Risk Assessment
50 / 100
High riskComponents
· Open bankruptcy (+50)
Trust signals
Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Administrative Flags
No administrative flags
Health barometer
0
/ 100
Critical
Unlock the full score breakdown, per-year score history and the indicative credit limit from Starter.
See plans →Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative — not credit advice.
Financial overview
Annual accounts filed on 12-12-2024 with the NBB · fiscal year 2023 · micro
Sector comparison
Fiscal year 2023 · NACE 56 — Food & beverage service · compared within the same schema type (micro schema)
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | -18.6% | 11.1% | |
| Net result | €-10k | €235 | |
| Equity | €-10k | €6k | |
| Gross operating margin | €-176 | €30k | |
| Staff costs | €5k | €42k |
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
€-5k
+73.6%
22–23
€-10k
+46.2%
22–23
€-5k
+73.2%
22–23
€54k
+67.8%
22–23
€-10k
—
22–23
€-30k
-28.2%
22–23
€5k
—
22–23
€64k
+102.2%
22–23
€64k
+102.2%
22–23
0.53
+108.1%
22–23
0.53
+108.1%
22–23
-18.6%
—
22–23
-6.36
—
22–23
104.9%
—
22–23
-19.6%
+68.0%
22–23
-69.80
+97.2%
22–23
Figures by fiscal year
| Fiscal year | 2023 |
|---|---|
| Revenue | — |
| EBITDA | €-5k |
| Net profit | €-10k |
| Cash flow | €-5k |
| Staff costs | €5k |
| Income taxes | — |
| Dividends | — |
| Total assets | €54k |
| Equity | €-10k |
| Debt | €64k |
| of which ≤ 1y | €64k |
| of which > 1y | — |
| Working capital | €-30k |
| Employees (FTE) | — |
Ratios (computed)
| 2023 | |
|---|---|
| Current ratio | 0.53 |
| Quick ratio | 0.53 |
| Working capital ratio | -56.2% |
| Solvency | -18.6% |
| Debt / equity | -6.36 |
| Long-term debt ratio | — |
| Interest coverage | -69.80 |
| Gross margin | — |
| Net margin | — |
| ROA | -19.6% |
| ROE | 104.9% |
| EBITDA margin | — |
| Days sales outstanding | — |
| Days payable outstanding | — |
| Inventory turnover | — |
| Days inventory (DSI) | — |
Balance-sheet composition 2023
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2023 |
|---|---|---|
| Balance sheet — Assets | ||
| TOTAL ASSETS | 20/58 | €54k |
| Fixed assets | 21/28 | €20k |
| Tangible fixed assets | 22/27 | €20k |
| Current assets | 29/58 | €33k |
| Amounts receivable within one year | 40/41 | €23k |
| Cash & bank | 54/58 | €10k |
| Balance sheet — Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €54k |
| Equity | 10/15 | €-10k |
| Contributions / capital | 10/11 | €20k |
| Accumulated profits (losses) | 14 | €-30k |
| Amounts payable | 17/49 | €64k |
| Amounts payable within one year | 42/48 | €64k |
| Trade debts payable within one year | 44 | €3k |
| Income statement | ||
| Gross operating margin | 9900 | €-176 |
| Operating result | 9901 | €-10k |
| Financial charges | 65 | €68 |
| Result before taxes | 9903 | €-10k |
| Net result for the period | 9904 | €-10k |
| Result to be appropriated | 9905 | €-10k |
You're seeing the latest fiscal year only. Unlock 1 prior year (figures + ratios) with a paid plan.
See plans →
Ratios computed by Checked.
Directors & mandates
| Role | Name | Tenure | Source |
|---|---|---|---|
| Curator | Peter SUSTRONCK BURGEMEESTER NOLFSTRAAT 10,
8500 KORTRIJK |
18-02-2025 → present | Belgian State Gazette |
Legal Structure
| NACE primary | Food & beverage service(56111) |
| Legal form | Private limited company(610) |
| Incorporation | 12-07-2022 |
| Status | Active |
| Postal code | 8500 |
| First BS signal | 25-02-2025 |
| Latest BS signal | 25-02-2025 |
Company structure — linked entities
Mandates
↔
1
of these mandate-holders are active on other cases — click any red card to open that KBO.
Establishment units
TB FACTORY
since 20222.333.245.819
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Real-estate footprint
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates — not a deeds register.
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34022E0027/00S003 | Flanders | 197 m² | 1 · 156 m² | 18.9 m · 3 fl. |
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data — this is not proof of ownership.
Updates
A single timeline of everything that happened to this company — publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
2025
25-02-2025
Bankruptcy
Opening
2024
12-12-2024
NBB filing
Annual accounts filed
2023
13-10-2023
NBB filing
Annual accounts filed
Lifecycle & Insolvency Signals
25-02-2025
Bankruptcy
Opening
Time machine — BS events + macro context
Macro context
2020-Q2/Q3 COVID lockdown
2022 energy crisis
2023–2024 ECB rate hikes
Legend
Bankruptcy
Interim / reorg
KBO event
Credit advice
AI due-diligence brief
Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
Coming soon
AI-generated from Checked data; indicative, not legal or investment advice.
Company registry (CBE)
Activities
Eetgelegenheden met volledige bediening56101Activiteiten van eetgelegenheden met volledige bediening56111Eetgelegenheden met beperkte bediening56102Activiteiten van eetgelegenheden met beperkte bediening, muv mobiele eetgelegenheden56112
Primary activity highlighted.
Names & trade names
| Legal nameNL | TB FACTORY |
Registered office
Burgemeester Reynaertstraat(Kor) 6
8500 Kortrijk, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
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