TELES CONSTRUCT
InactiveTELES CONSTRUCT was declared bankrupt on 24-01-2022 (Tribunal de l’entreprise francophone de Bruxelles); the bankruptcy was closed for insufficient assets by judgment of 14-02-2023, published in the Belgian State Gazette on 20-02-2023.
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 · 4 filingsPosition against the passed deadline
31-12-2020 close31-07-2021 deadline30-09-2026 today
neutral · A punctual record breaks
This company filed 3 consecutive financial years on time. The year that closed on 31-12-2019 was due by 31-07-2020 and was filed on 03-08-2020, 3 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 4 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
not filed
2019
3 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its 2019 accounts 3 days after 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
Equity
-€9,695
2018 · €21,878
Total assets
€199,936▲ 170%
2018 · €73,972
Net result
-€31,573
2018 · €4,280
Working capital
-€37,770
2018 · €8,203
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
Operating result€6,943--€25,428
Net result€4,280--€31,573
Equity€21,878--€9,695
Total assets€73,972-€199,936▲ 170%
Debt€52,094-€209,631▲ 302%
Working capital€8,203--€37,770
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2019: a loss of €25,428 after €6,943 in 2018.
Balance-sheet composition
2019 in colour, 2018 as the grey bar beneath
Assets €198,736
Fixed assets
€26,875 ▲ 119%
Current assets
€171,861 ▲ 185%
Key figures and ratios
EBITDA
-€20,219▼
2018 · €11,825
Cash flow
-€26,364▼
2018 · €9,162
Solvency
-4.8%▼
2018 · 29.6%
Current ratio
0.82▼
2018 · 1.16
ROA
-15.8%▼
2018 · 5.8%
Debt ≤ 1 year
€209,631▲
2018 · €52,094
Income taxes
€6,003▲
2018 · €1,834
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | Change |
|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €4,882 | €5,209 | ▲ 6.7% |
| Gross operating margin9900 | €14,709 | -€17,459 | ▼ 219% |
| Operating profit (loss)9901 | €6,943 | -€25,428 | ▼ 466% |
| Recurring financial charges65 | €829 | €142 | ▼ 82.9% |
| Profit (loss) for the period before taxes9903 | €6,114 | -€25,570 | ▼ 518% |
| Income taxes67/77 | €1,834 | €6,003 | ▲ 227% |
| Profit (loss) for the period9904 | €4,280 | -€31,573 | ▼ 838% |
| Profit (loss) for the period to be appropriated9905 | €4,280 | -€31,573 | ▼ 838% |
| Line | 2018 | 2019 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €73,972 | €199,936 | ▲ 170% |
| Formation expenses20 | €1,400 | €1,200 | ▼ 14.3% |
| Fixed assets21/28 | €12,275 | €26,875 | ▲ 119% |
| Tangible fixed assets22/27 | €11,425 | €26,025 | ▲ 128% |
| Financial fixed assets28 | €850 | €850 | = |
| Current assets29/58 | €60,297 | €171,861 | ▲ 185% |
| Amounts receivable within one year40/41 | €45,330 | €122,528 | ▲ 170% |
| Cash at bank and in hand54/58 | €14,967 | €49,333 | ▲ 230% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €73,972 | €199,936 | ▲ 170% |
| Equity10/15 | €21,878 | -€9,695 | ▼ 144% |
| Contributions10/11 | €6,200 | €6,200 | = |
| Reserves13 | €1,006 | €1,006 | = |
| Profit (loss) carried forward14 | €14,672 | -€16,901 | ▼ 215% |
| Amounts payable17/49 | €52,094 | €209,631 | ▲ 302% |
| Amounts payable within one year42/48 | €52,094 | €209,631 | ▲ 302% |
| Trade debts44 | €50,260 | €209,631 | ▲ 317% |
| Line | 2018 | 2019 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €4,280 | -€31,573 | ▼ 838% |
| + Depreciation and write-downs630 | €4,882 | €5,209 | ▲ 6.7% |
| Operating cash flow (approximation) | €9,162 | -€26,364 | ▼ 388% |
| Investment in fixed assets (approximation) | - | -€19,809 | - |
| Change in cash | - | €34,366 | - |
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
2023
20-02
Bankruptcy
Bankruptcy closure (insufficient assets)
Tribunal de l’entreprise francophone de Bruxelles · event 14-02-2023
2022
28-01
Bankruptcy
Opening
Tribunal de l’entreprise francophone de Bruxelles · event 24-01-2022
2020
03-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 3 days late
2019
11-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
15-05
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
17-05
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
SignalNBB filing
0 of 5 acts read
About the unread acts
We know of 5 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
5 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 | Lise HEILPORN CHAUSSEE DE LA HULPE 150,
1170 WATERMAEL-BOITSFORT |
24-01-2022 → 14-02-2023 |