TEK SERVICE
Open bankruptcyA bankruptcy procedure is open for TEK SERVICE according to publications in the Belgian State Gazette; curator: LIEVE TEINTENIER.
No longer registered with the KBO; last annual accounts for fiscal year 2020.
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · No filing for years
The last filed financial year closed on 30-06-2020. Since then, 5 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 4 filingsPosition against the passed deadline
30-06-2021 close31-01-2022 deadline21-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2020 was due by 31-01-2021 and was filed on 12-01-2021, 19 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
not filed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
19 d early
2019
32 d early
← before the deadline
after the deadline →
Financials · fiscal year 2020, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€646▼ 97.7%
2019 · €29k
2019: €29k
2019 → 2020
Working capital
€-31k▼ 17.9%
2019 · €-26k
2019: €-26k
2019 → 2020
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20192020Trend
Equity€126k-€127k▲ 0.5%
Operating result€48k-€28k▼ 40.8%
Net result€29k-€646▼ 97.7%
Result per fiscal year
Operating resultNet result
The operating result falls in 2020; 2020 is 41% below 2019.
Balance-sheet composition
2020 in colour, 2019 as the grey bar beneath
Assets €564k
Fixed assets
€265k▲ 15.6%
Current assets
€298k▲ 47.3%
Equity and liabilities €564k
Equity
€127k▲ 0.5%
Debt
€437k▲ 42.7%
The debt ratio rises from 70.8% to 77.5%. Equity and debt are higher.
Key figures and ratios
EBITDA
€145k▲
2019 · €132k
Cash flow
€118k▲
2019 · €113k
Solvency
22.5%▼
2019 · 29.2%
Current ratio
0.91▲
2019 · 0.89
Quick ratio
0.91▲
2019 · 0.89
Debt / equity
0.85▲
2019 · 0.61
ROE
0.5%▼
2019 · 22.7%
ROA
0.1%▼
2019 · 6.6%
Debt
€437k▲
2019 · €306k
Debt ≤ 1 year
€329k▲
2019 · €229k
Debt > 1 year
€108k▲
2019 · €78k
Income taxes
€14k▼
2019 · €14k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2020 against 2019
Balance sheet
Code20192020
Assets
Total assets20/58€433k€564k▲
Formation expenses20€415€207▼
Fixed assets21/28€230k€265k▲
Tangible fixed assets22/27€230k€265k▲
Current assets29/58€203k€298k▲
Amounts receivable within one year40/41€187k€294k▲
Cash at bank and in hand54/58€15k€5k▼
Equity and liabilities
Total equity and liabilities10/49€433k€564k▲
Equity10/15€126k€127k▲
Contributions10/11€12k€12k=
Reserves13€2k€2k=
Profit (loss) carried forward14€112k€113k▲
Amounts payable17/49€306k€437k▲
Amounts payable after more than one year17€78k€108k▲
Amounts payable within one year42/48€229k€329k▲
Trade debts44€150k€166k▲
Income statement
Code20192020
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€84k€117k▲
Gross operating margin9900€372k€381k▲
Operating profit (loss)9901€48k€28k▼
Recurring financial income75€9-
Recurring financial charges65€5k€13k▲
Profit (loss) for the period before taxes9903€43k€15k▼
Income taxes67/77€14k€14k▼
Profit (loss) for the period9904€29k€646▼
Profit (loss) for the period to be appropriated9905€29k€646▼
Timeline · acts, filings and financial milestones
2022
11-05
Bankruptcy
Opening
Ondernemingsrechtbank Brussel · TEK SERVICE BV PEEHOOP- STRAAT 50, 1770 LIEDEKERKE · event 03-05-2022
2021
12-01
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2019
30-12
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
15-01
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
08-02
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 8 days late
SignalNBB filing
Directors · office · real estate
Directors
3 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
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | LIEVE TEINTENIER SYLVAIN DUPUISLAAN 217,
1070 BRUSSEL 7 |
03-05-2022 → present |