TECHNOBUILD
Open bankruptcyAre you a creditor?
Open bankruptcy
Source: Belgian Official Gazette
The judgment is more than a year old: a claim can no longer be filed, not even late. The trustee knows whether anything will still be paid out.
The procedure
- Court
- Enterprise Court of Liège, Liège division
- Declared bankrupt
- 12 August 2022
- Supervising judge
- Philippe Mignon
- Official Gazette
- 19-08-2022 (pdf) ↗search the document for 2022/129970
Deadlines
- Appeal or third-party opposition until
- passed on 3 September 2022Fifteen days after the publication in the Official Gazette.art. XX.108, Code of Economic Law
- File the claim in RegSol, the Belgian insolvency register, until
- passed on 11 September 2022art. XX.104 and XX.155, Code of Economic Law
- First verification report
- passed on 22 September 2022Reclaim goods that are still yours, such as goods delivered under retention of title, before this day.art. XX.104 and XX.194, Code of Economic Law
- Late claim until
- passed on 12 August 2023A late claim shares only in what has not yet been paid out, and you bear its costs.art. XX.165, Code of Economic Law
Trustee
- Roland PropsPalce Saint-Lambert 70/B01, 4000 Liege 1r.props@avocat-lourtie.be
What to do now
- The deadlines to file your claim have passed, including for a late claim: that was possible until a year after the judgment.
- Ask the trustee whether anything will still be paid out and whether your claim was admitted.
- Follow the file in RegSol: the trustee's reports appear there.
- Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered, subject to conditions.
The judgment is more than a year old: the deadline for a late claim (art. XX.165, Code of Economic Law) has passed too.
View the file in RegSol ↗
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Follow this bankruptcy: you are alerted when it is closed or reversed.
General information, not legal advice. If in doubt, the trustee, your lawyer or your accountant can help.Creditor guide for this company
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Overview
Activity
Installation of electric heating, air conditioning, cooling and ventilation
NACE 43222
1 site
Size
€17,036turnover 2021
- Equity
- -€169,401
- Loss
- -€21,995
Financial health
Open bankruptcy: no score
Structure
No directors known
Signalsraises riskOpen bankruptcyAdministrative warnings in the KBO publicationsneutralFiled after the deadlineShow the evidence
Signals
Three signals.
raises riskneutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2021 was due by 31-07-2022 and was filed on 12-09-2022, 43 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filingsDeviation from the deadline
2021
43 days late
2020
227 days late
2019
599 days late
2018
1023 days late
2015
52 days late
2014
60 days late
2013
60 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 295 days after the deadline; the sector median (NACE 43) for financial year 2021 is 1 day before the deadline, and 47% of those companies filed late.
raises risk · Administrative warnings in the KBO publications
2 publications by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or their withdrawal.
KBO publicationsPublications
Strikeout withdrawalStrikeout initial
- Annual accounts filedfinancial year 2021 · micro…
- OpeningEnterprise Court of Liège, Liège…
- Strikeout withdrawalevent 19-05-2022
Financials · financial year 2021, micro format
2021 annual accounts filed late (43 days) Filed on 12 September 2022, deadline 31 July 2022 (7 months after the close on 31 December 2021, Companies Code art. 3:10). Source: NBB, 2022-20431905.
Turnover
€17,036▼ 67.1%
2020 · €51,803
EBIT margin
Not meaningful: turnover is only a small part of operating income
Net result
-€21,995▲ 84.6%
2020 · -€142,509
Working capital
-€170,337▼ 13.8%
2020 · -€149,636
Trend over the years
2018 to 2021, 4 financial years 2018 to 2021, 4 financial years
The operating result stays negative: a loss of €22,394 in 2021 against €141,631 in 2020; the loss shrinks.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Turnover€17,036
2021
Operating result-€22,394
2021
Net result-€21,995
2021
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€58,827
2021
Equity-€169,401
2021
Debt€228,227
2021
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital-€170,337
2021
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
Return on assets (ROA)-37.4%
2021
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Solvency-288.0%
2021
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Current ratio0.25
2021
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 43, Specialised construction activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the financial year before
favourable
unfavourable
Line2018201920202021
Turnover€259,979€51,803▼ 80.1%€17,036▼ 67.1%
Operating result-€8,701-€28,922-€141,631-€22,394▲ 84.2%
Net result-€8,294-€11,558-€142,509below the sector's middle half-€21,995below the sector's middle half▲ 84.6%
Equity-€16,330--€4,772▲ 70.8%-€147,281below the sector's middle half▼ 2,986%-€169,401below the sector's middle half▼ 15.0%
Total assets€31,579-€101,156▲ 220%€79,422within the sector's middle half▼ 21.5%€58,827below the sector's middle half▼ 25.9%
Debt€47,908-€105,928▲ 121%€226,703▲ 114%€228,227▲ 0.7%
Working capital-€16,592--€5,639▲ 66.0%-€149,636below the sector's middle half▼ 2,553%-€170,337below the sector's middle half▼ 13.8%
Solvency-51.7%--4.7%▲ 47.0pp-185.4%below the sector's middle half▼ 180.7pp-288.0%below the sector's middle half▼ 102.5pp
Current ratio0.65-0.95▲ 0.290.34below the sector's middle half▼ 0.610.25below the sector's middle half▼ 0.09
Return on assets (ROA)-26.3%-11.4%▲ 37.7pp-179.4%below the sector's middle half▼ 190.9pp-37.4%below the sector's middle half▲ 142.0pp
above
within
below
the middle half of NACE 43, Specialised construction activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €58,827
Fixed assets
€937 ▼ 60.2%
Current assets
€57,890 ▼ 24.9%
Equity and liabilities
Equity-€169,401
Debt€228,227
Equity is negative: debt (€228,227) exceeds the balance-sheet total (€58,827).
Key figures and ratios
EBITDA
-€22,008▲
2020 · -€140,925
Cash flow
-€21,609▲
2020 · -€141,803
Interest coverage
-34.03
Debt ≤ 1 year
€228,227▲
2020 · €226,703
Staff costs
€41
No debt to equity: equity is negative, so debt divided by equity means nothing.
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 |
|---|---|---|---|---|---|
| Turnover70 | - | €259,979 | €51,803 | €17,036 | ▼ 67.1% |
| Goods, raw materials, services and sundry goods60/61 | - | - | - | €36,909 | - |
| Remuneration, social security and pensions62 | - | - | - | €41 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €2,074 | €218 | €706 | €386 | ▼ 45.4% |
| Other operating charges640/8 | €3,888 | - | - | €1,060 | - |
| Non-recurring operating charges66A | - | - | - | €1,033 | - |
| Gross operating margin9900 | -€2,738 | €30,848 | -€140,106 | -€19,874 | ▲ 85.8% |
| Operating profit (loss)9901 | -€8,701 | €28,922 | -€141,631 | -€22,394 | ▲ 84.2% |
| Financial income75/76B | €1,340 | - | - | €1,046 | - |
| Recurring financial income75 | €1,340 | €0 | €1,826 | €1,028 | ▼ 43.7% |
| Non-recurring financial income76B | €1,340 | - | - | €18 | - |
| Financial charges65/66B | €576 | - | - | €647 | - |
| Recurring financial charges65 | €576 | €413 | €520 | €647 | ▲ 24.4% |
| Profit (loss) for the period before taxes9903 | -€7,937 | €21,533 | -€139,493 | -€21,995 | ▲ 84.2% |
| Income taxes67/77 | €357 | €9,975 | €3,016 | - | - |
| Profit (loss) for the period9904 | -€8,294 | €11,558 | -€142,509 | -€21,995 | ▲ 84.6% |
| Profit (loss) for the period to be appropriated9905 | -€8,294 | €11,558 | -€142,509 | -€21,995 | ▲ 84.6% |
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €31,579 | €101,156 | €79,422 | €58,827 | ▼ 25.9% |
| Fixed assets21/28 | €262 | €867 | €2,355 | €937 | ▼ 60.2% |
| Tangible fixed assets22/27 | €262 | €867 | €2,105 | €687 | ▼ 67.4% |
| Plant, machinery and equipment23 | €220 | - | - | €687 | - |
| Furniture and vehicles24 | €41 | - | - | - | - |
| Financial fixed assets28 | - | - | €250 | €250 | = |
| Current assets29/58 | €31,317 | €100,289 | €77,066 | €57,890 | ▼ 24.9% |
| Amounts receivable within one year40/41 | €22,596 | €96,180 | €76,866 | €57,714 | ▼ 24.9% |
| Trade receivables40 | €21,432 | - | - | €50,985 | - |
| Other amounts receivable41 | €1,164 | - | - | €6,729 | - |
| Cash at bank and in hand54/58 | €8,721 | €4,032 | €100 | €100 | = |
| Deferred charges and accrued income490/1 | - | - | - | €76 | - |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €31,579 | €101,156 | €79,422 | €58,827 | ▼ 25.9% |
| Equity10/15 | -€16,330 | -€4,772 | -€147,281 | -€169,401 | ▼ 15.0% |
| Contributions10/11 | €9,346 | €9,346 | €9,345 | €9,220 | ▼ 1.3% |
| Capital10 | €9,346 | - | - | €9,220 | - |
| Issued capital100 | €18,716 | - | - | €18,591 | - |
| Uncalled capital101 | €9,370 | - | - | €9,370 | - |
| Reserves13 | €1,872 | €1,872 | €1,872 | €1,872 | = |
| Non-distributable reserves130/1 | €1,872 | - | - | €1,872 | - |
| Legal reserve130 | €1,872 | - | - | €1,872 | - |
| Profit (loss) carried forward14 | -€27,547 | -€15,989 | -€158,498 | -€180,493 | ▼ 13.9% |
| Amounts payable17/49 | €47,908 | €105,928 | €226,703 | €228,227 | ▲ 0.7% |
| Amounts payable within one year42/48 | €47,908 | €105,928 | €226,703 | €228,227 | ▲ 0.7% |
| Financial debts43 | - | - | - | €3,734 | - |
| Credit institutions430/8 | - | - | - | €3,734 | - |
| Trade debts44 | €21,112 | €94,116 | €211,524 | €212,061 | ▲ 0.3% |
| Suppliers440/4 | €21,112 | - | - | €212,061 | - |
| Taxes, remuneration and social security45 | €1,037 | - | - | €12,433 | - |
| Taxes450/3 | €1,037 | - | - | €12,433 | - |
| Other amounts payable47/48 | €25,760 | - | - | - | - |
| Line | 2018 | 2019 | 2020 | 2021 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€8,294 | €11,558 | -€142,509 | -€21,995 | ▲ 84.6% |
| + Depreciation and write-downs630 | €2,074 | €218 | €706 | €386 | ▼ 45.4% |
| Operating cash flow (approximation) | -€6,219 | €11,776 | -€141,803 | -€21,609 | ▲ 84.8% |
| Investment in fixed assets (approximation) | - | -€823 | -€2,194 | €1,033 | - |
| Change in cash | - | -€4,690 | -€3,932 | €0 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 33 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2021 | micro format | 12-09-2022 | 2022-20431905 |
| 31-12-2020 | micro format | 15-03-2022 | 2022-07600293 |
| 31-12-2019 | micro format | 22-03-2022 | 2022-08200428 |
| 31-12-2018 | micro format | 19-05-2022 | 2022-20029704 |
| 31-12-2015 | full format | 21-09-2016 | 2016-60300277 |
| 31-12-2014 | full format | 29-09-2015 | 2015-60400318 |
| 31-12-2013 | full format | 29-09-2014 | 2014-59900469 |
| 31-12-2012 | full format | 27-09-2013 | 2013-59600081 |
| 31-12-2011 | full format | 29-09-2012 | 2012-58700003 |
| 31-12-2010 | full format | 28-08-2011 | 2011-49500219 |
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This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector. Of the 9,464 active companies whose main activity is installation of electric heating, air conditioning, cooling and ventilation (NACE 43222), figures are known for 5,701. See the whole sector
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Directors
No directors found in Belgian Official Gazette deeds yet. See the directors and other office holders in the KBO →
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Trustee | Roland Props Palce Saint-Lambert 70/B01, 4000 Liege 1 |
12-08-2022 → present |
Owners and capital
Owners
No owners or capital events in the accounts and acts we read.
History
Acts, filings and financial milestones
2022
12-09
NBB filing
Annual accounts filed
financial year 2021 · micro format · 43 days late
19-08
Bankruptcy
Opening
Enterprise Court of Liège, Liège division · judgment of 12-08-2022
07-06
KBO administration
Strikeout withdrawal
event 19-05-2022
19-05
NBB filing
Annual accounts filed
financial year 2018 · micro format · 1023 days late
22-03
NBB filing
Annual accounts filed
financial year 2019 · micro format · 599 days late
15-03
NBB filing
Annual accounts filed
financial year 2020 · micro format · 227 days late
2020
31-12
Financial
Weakest financial yearnet -€142,509
Net result drops to -€142,509, the lowest in the series.
04-12
KBO administration
Strikeout initial
event 24-11-2020
2019
31-12
Financial
Back to profitnet €11,558
Net result €11,558 after one loss-making year.
2016
21-09
NBB filing
Annual accounts filed
financial year 2015 · full format · 52 days late
2015
29-09
NBB filing
Annual accounts filed
financial year 2014 · full format · 60 days late
2014
29-09
NBB filing
Annual accounts filed
financial year 2013 · full format · 60 days late
Show earlier events
2013
27-09
NBB filing
Annual accounts filed
financial year 2012 · full format · 58 days late
2012
29-09
NBB filing
Annual accounts filed
financial year 2011 · full format · 60 days late
2011
28-08
NBB filing
Annual accounts filed
financial year 2010 · full format · 28 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the financial year-end date, not the filing date.Of the 33 annual accounts filed, the latest 10 are here; all 33 are under Financials.
Register details
Identification
Legal formCoöperatieve vennootschap met beperkte aansprakelijkheid
Founded24-11-1986
Financial year end31-12
Abbreviation
T.C.D.S.
Activities, NACEBEL 2025
43222Installation of electric heating, air conditioning, cooling and ventilation
E-invoicing
Not found in the Peppol Directory
No listing in the Peppol Directory under this enterprise or VAT number. That proves nothing: being listed there is voluntary.
Register as of 16 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
Location & real-estate footprint
Registered office, Lincent · 1 establishment unit since 1987
Ground area
1,328 m²
Building footprint
768 m²
Building volume
10,062 m³
2 parcels, Brussels, Wallonia · tallest building 34.3 m. Linked by address, not a title deed.
1 establishment unit
Lensstraat 33, 1000 Brussel
since 1987unit no. 2.033.201.360
2 parcels
Wallonia
1
(50%)
Brussels
1
(50%)
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 21807G0121/00Y006 | Brussels | 1,055 m² | 1 · 702 m² | 34.3 m · 4 |
| 64047B0562/00G000 | Wallonia | 273 m² | 1 · 66 m² | 7.1 m · 2 |
How the parcels are linked
Good to know
Both parcels match the address exactly.