TCI
InactiveTCI was declared bankrupt on 30-05-2024 (Ondernemingsrechtbank Antwerpen, afdeling Antwerpen); the bankruptcy was closed for insufficient assets by judgment of 10-06-2025, published in the Belgian State Gazette on 13-06-2025.
Summary
Inactive; last annual accounts for fiscal year 2019.
Signals
Three signals. The signal on the left, the evidence on the right.
○neutral
neutral · No filing for years
The last filed financial year closed on 31-12-2019. Since then, 6 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 7 filingsPosition against the passed deadline
31-12-2020 close31-07-2021 deadline30-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2019 was due by 31-07-2020 and was filed on 01-07-2020, 30 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
not filed
2019
30 d early
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its 2019 accounts 30 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (1)
History
Financials · fiscal year 2019, micro schema
Turnover
€0▼ 100%
2018 · €116,125
EBIT margin
8.7%
Net result
€101
2018 · -€5,430
Working capital
€35,661▼ 4.0%
2018 · €37,149
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
Turnover€116,125-€0▼ 100%
Operating result€10,104-€7,356▼ 27.2%
Net result-€5,430-€101
EBIT margin8.7%-
Equity€40,542-€40,643▲ 0.2%
Total assets€63,931-€41,184▼ 35.6%
Debt€23,389-€541▼ 97.7%
Working capital€37,149-€35,661▼ 4.0%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Why a figure moved sharply
- 2019 Turnover -100% on 2018. The accounts now follow the micro schema, last year the abbreviated schema.
Result per fiscal year
Operating resultNet result
The operating result falls in 2019; 2019 is 27% below 2018.
Balance-sheet composition
2019 in colour, 2018 as the grey bar beneath
Assets €41,184
Fixed assets
€4,982 ▲ 34.9%
Current assets
€36,202 ▼ 39.9%
Equity and liabilities €41,184
Equity
€40,643 ▲ 0.2%
Debt
€541 ▼ 97.7%
Debt's share of the balance-sheet total falls from 36.6% to 1.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€8,815▼
2018 · €11,158
Cash flow
€1,560▲
2018 · -€4,376
Current ratio
66.92▲
2018 · 2.61
Debt to equity
0.00=
2018 · 0.00
ROE
0.2%▲
2018 · -13.4%
ROA
0.2%▲
2018 · -8.5%
Debt ≤ 1 year
€541▼
2018 · €23,089
Debt > 1 year
€0=
2018 · €0
Income taxes
€81▼
2018 · €5,617
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | Change |
|---|---|---|---|
| Turnover70 | €116,125 | €0 | ▼ 100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,054 | €1,459 | ▲ 38.4% |
| Gross operating margin9900 | €12,159 | €9,444 | ▼ 22.3% |
| Operating profit (loss)9901 | €10,104 | €7,356 | ▼ 27.2% |
| Recurring financial income75 | €8 | €0 | ▼ 100% |
| Recurring financial charges65 | €9,925 | €6,914 | ▼ 30.3% |
| Profit (loss) for the period before taxes9903 | €187 | €182 | ▼ 2.7% |
| Income taxes67/77 | €5,617 | €81 | ▼ 98.6% |
| Profit (loss) for the period9904 | -€5,430 | €101 | ▲ 102% |
| Profit (loss) for the period to be appropriated9905 | -€5,430 | €101 | ▲ 102% |
| Line | 2018 | 2019 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €63,931 | €41,184 | ▼ 35.6% |
| Formation expenses20 | €0 | €0 | - |
| Fixed assets21/28 | €3,693 | €4,982 | ▲ 34.9% |
| Intangible fixed assets21 | €0 | €0 | - |
| Tangible fixed assets22/27 | €3,693 | €4,982 | ▲ 34.9% |
| Financial fixed assets28 | €0 | €0 | - |
| Current assets29/58 | €60,238 | €36,202 | ▼ 39.9% |
| Stocks and contracts in progress3 | €0 | €0 | - |
| Amounts receivable within one year40/41 | €21,405 | €11,068 | ▼ 48.3% |
| Current investments50/53 | €0 | €0 | - |
| Cash at bank and in hand54/58 | €19,633 | €25,134 | ▲ 28.0% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €63,931 | €41,184 | ▼ 35.6% |
| Equity10/15 | €40,542 | €40,643 | ▲ 0.2% |
| Contributions10/11 | €18,600 | €18,600 | = |
| Reserves13 | €21,118 | €21,219 | ▲ 0.5% |
| Profit (loss) carried forward14 | €824 | €824 | = |
| Provisions and deferred taxes16 | €0 | €0 | - |
| Amounts payable17/49 | €23,389 | €541 | ▼ 97.7% |
| Amounts payable after more than one year17 | €0 | €0 | - |
| Amounts payable within one year42/48 | €23,089 | €541 | ▼ 97.7% |
| Trade debts44 | €2,735 | €70 | ▼ 97.4% |
| Line | 2018 | 2019 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | -€5,430 | €101 | ▲ 102% |
| + Depreciation and write-downs630 | €1,054 | €1,459 | ▲ 38.4% |
| Operating cash flow (approximation) | -€4,376 | €1,560 | ▲ 136% |
| Investment in fixed assets (approximation) | - | -€2,748 | - |
| Change in cash | - | €5,501 | - |
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
13-06
Bankruptcy
Bankruptcy closure (insufficient assets)
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · event 10-06-2025
2024
06-06
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · event 30-05-2024
2020
01-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Back to profitnet €101
Net result €101 after one loss-making year.
31-12
Financial
Liquidity times 26current ratio 66.92
Current ratio from 2.61 to 66.92; short-term debt falls from €23,089 to €541.
23-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
23-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 23 days late
2017
14-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
28-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
2015
30-06
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema
2014
19-06
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 11 acts read
About the unread acts
We know of 11 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
11 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
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | GREGORY BRUNEEL MUSEUMSTRAAT 31-33,
2000 ANTWERPEN 1 |
30-05-2024 → 10-06-2025 |