TELLUS
Open bankruptcyA bankruptcy procedure is open for TELLUS according to publications in the Belgian State Gazette; curator: MAIA GUTMANN LE PAIGE.
Summary
The 2020 annual accounts show negative equity (€-167k) and a net result of €-284k.
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2020 was due by 31-07-2021 and was filed on 03-08-2021, 3 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
3 d late
2019
90 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2020, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-284k
2019 · €4k
2018: €879
2019: €4k
2018 → 2020
Working capital
€-263k
2019 · €7k
2018: €-17k
2019: €7k
2018 → 2020
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line201820192020Trend
Equity€113k-€118k▲ 3.9%€-167k
Operating result€18k-€15k▼ 15.6%€-276k
Net result€879-€4k▲ 397%€-284k
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2020: a loss of €276k after €15k in 2019, the lowest result in the available series.
Balance-sheet composition
2020 in colour, 2019 as the grey bar beneath
Assets €676k
Fixed assets
€96k ▼ 13.2%
Current assets
€580k ▲ 55.3%
Key figures and ratios
EBITDA
€-262k▼
2019 · €38k
Cash flow
€-270k▼
2019 · €28k
Solvency
-24.6%▼
2019 · 24.3%
Current ratio
0.69▼
2019 · 1.02
ROA
-42.0%▼
2019 · 0.9%
Debt
€843k▲
2019 · €366k
Debt ≤ 1 year
€843k▲
2019 · €366k
Income taxes
€0▼
2019 · €4k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2020 against 2019 · 24 lines
Balance sheet
Code20192020
Assets
Total assets20/58€484k€676k▲
Fixed assets21/28€111k€96k▼
Tangible fixed assets22/27€107k€92k▼
Financial fixed assets28€4k€4k=
Current assets29/58€373k€580k▲
Amounts receivable within one year40/41€155k€386k▲
Cash at bank and in hand54/58€212k€185k▼
Equity and liabilities
Total equity and liabilities10/49€484k€676k▲
Equity10/15€118k€-167k▼
Contributions10/11€62k€62k=
Reserves13€6k€6k=
Profit (loss) carried forward14€49k€-235k▼
Amounts payable17/49€366k€843k▲
Amounts payable within one year42/48€366k€843k▲
Trade debts44€175k€65k▼
Income statement
Code20192020
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€23k€15k▼
Gross operating margin9900€438k€-137k▼
Operating profit (loss)9901€15k€-276k▼
Recurring financial income75€11€377▲
Recurring financial charges65€7k€8k▲
Profit (loss) for the period before taxes9903€8k€-284k▼
Income taxes67/77€4k€0▼
Profit (loss) for the period9904€4k€-284k▼
Profit (loss) for the period to be appropriated9905€4k€-284k▼
Timeline · acts, filings and financial milestones
2021
05-11
Bankruptcy
Opening
Tribunal de l’entreprise francophone de Bruxelles · TELLUS SA AVENUE DE LA BASI- LIQUE 353, 1081 KOEKELBERG · event 25-10-2021
03-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 3 days late
2020
31-12
Financial
Weakest financial yearnet €-284k ▼6612%
Net result drops to €-284k, the lowest in the series.
29-10
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 90 days late
2019
31-12
Financial
Highest result since 2018net €4k ▲397%
Net result €4k, the highest in the series.
22-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
23-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 23 days late
2017
21-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 21 days late
2016
30-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 30 days late
2015
31-07
NBB filing
Annual accounts filed
fiscal year 2014 · full schema
2014
30-07
NBB filing
Annual accounts filed
fiscal year 2013 · full schema
2013
25-07
NBB filing
Annual accounts filed
fiscal year 2012 · full schema
2012
31-07
NBB filing
Annual accounts filed
fiscal year 2011 · full schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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
Registered office, Koekelberg · 1 establishment unit since 1992
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.
Basilieklaan 3531081 KoekelbergGround area
448 m²
Building footprint
575 m²
Volume, LiDAR
14,510 m³
Parcel 21011A0012/00H000, Brussels · tallest building 29.7 m, ±8 floors. Linked by address, not a title deed.
1 establishment unit
Basilieklaan 353, 1081 Koekelberg
since 19922.059.145.001
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21011A0012/00H000 | Brussels | 448 m² | 1 · 575 m² | 29.7 m · 8 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | MAIA GUTMANN LE PAIGE RUE DE LA LOI 28,
1040 BRUXELLES 4 |
25-10-2021 → present |
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Of 529 companies in sector 79120 we hold annual accounts for 203. 157 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded07-08-1992
Fiscal year end31-12
Activities, NACEBEL 2025
79120Travel agency, tour operator and other reservation service and related activities
Sources
Crossroads Bank for EnterprisesNational Bank · 28 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.