TEMA CLEAN CONSTRUCT
InactiveTEMA CLEAN CONSTRUCT was declared bankrupt on 31-10-2022 (Tribunal de l’entreprise francophone de Bruxelles); the bankruptcy was closed for insufficient assets by judgment of 27-02-2024, published in the Belgian State Gazette on 05-03-2024.
Summary
Inactive; last annual accounts for fiscal year 2019.
Signals
Three 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 31-12-2019. Since then, 6 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 10 filingsPosition against the passed deadline
31-12-2020 close31-07-2021 deadline26-09-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2019 was due by 31-07-2020 and was filed on 11-02-2021, 195 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
not filed
2019
195 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
History
Financials · fiscal year 2019, full schema
Turnover
€888,306
EBIT margin
3.1%
Net result
€11,552▼ 42.8%
2018 · €20,185
Working capital
€202,335▲ 120%
2018 · €91,815
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€888,306-
Operating result€27,163-€35,947▲ 32.3%
Net result€20,185-€11,552▼ 42.8%
EBIT margin3.1%-
Equity€55,233-€66,786▲ 20.9%
Total assets€261,468-€699,646▲ 168%
Debt€206,234-€632,860▲ 207%
Working capital€91,815-€202,335▲ 120%
Result per fiscal year
Operating resultNet result
The operating result rises in 2019; 2019 is 32% above 2018.
Balance-sheet composition
2019 in colour, 2018 as the grey bar beneath
Assets €699,646
Fixed assets
€134,441 ▲ 111%
Current assets
€565,205 ▲ 186%
Equity and liabilities €699,646
Equity
€66,786 ▲ 20.9%
Debt
€632,860 ▲ 207%
Debt's share of the balance-sheet total rises from 78.9% to 90.5%. Equity and debt are higher.
Key figures and ratios
EBITDA
€62,833▲
2018 · €50,095
Cash flow
€38,438▼
2018 · €43,116
Current ratio
1.56▼
2018 · 1.87
Quick ratio
0.87▼
2018 · 1.83
Debt to equity
4.04▲
2018 · 1.81
ROE
17.3%▼
2018 · 36.5%
ROA
1.7%▼
2018 · 7.7%
Debt ≤ 1 year
€362,870▲
2018 · €106,023
Debt > 1 year
€269,990▲
2018 · €100,211
Income taxes
€15,815
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 | €888,306 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €22,932 | €26,886 | ▲ 17.2% |
| Gross operating margin9900 | €63,396 | €90,992 | ▲ 43.5% |
| Operating profit (loss)9901 | €27,163 | €35,947 | ▲ 32.3% |
| Recurring financial income75 | - | €117 | - |
| Recurring financial charges65 | €6,532 | €8,178 | ▲ 25.2% |
| Profit (loss) for the period before taxes9903 | €20,185 | €27,368 | ▲ 35.6% |
| Income taxes67/77 | - | €15,815 | - |
| Profit (loss) for the period9904 | €20,185 | €11,552 | ▼ 42.8% |
| Profit (loss) for the period to be appropriated9905 | €20,185 | €11,552 | ▼ 42.8% |
| Line | 2018 | 2019 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €261,468 | €699,646 | ▲ 168% |
| Fixed assets21/28 | €63,629 | €134,441 | ▲ 111% |
| Intangible fixed assets21 | €620 | €0 | ▼ 100% |
| Tangible fixed assets22/27 | €62,574 | €134,006 | ▲ 114% |
| Financial fixed assets28 | €435 | €435 | = |
| Current assets29/58 | €197,839 | €565,205 | ▲ 186% |
| Stocks and contracts in progress3 | €3,618 | €249,314 | ▲ 6,790% |
| Amounts receivable within one year40/41 | €189,987 | €312,027 | ▲ 64.2% |
| Cash at bank and in hand54/58 | - | €2 | - |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €261,468 | €699,646 | ▲ 168% |
| Equity10/15 | €55,233 | €66,786 | ▲ 20.9% |
| Contributions10/11 | €18,600 | €18,600 | = |
| Reserves13 | €1,860 | €1,860 | = |
| Profit (loss) carried forward14 | €34,773 | €46,326 | ▲ 33.2% |
| Amounts payable17/49 | €206,234 | €632,860 | ▲ 207% |
| Amounts payable after more than one year17 | €100,211 | €269,990 | ▲ 169% |
| Amounts payable within one year42/48 | €106,023 | €362,870 | ▲ 242% |
| Trade debts44 | €41,105 | €99,149 | ▲ 141% |
| Line | 2018 | 2019 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €20,185 | €11,552 | ▼ 42.8% |
| + Depreciation and write-downs630 | €22,932 | €26,886 | ▲ 17.2% |
| Operating cash flow (approximation) | €43,116 | €38,438 | ▼ 10.8% |
| Investment in fixed assets (approximation) | - | -€97,698 | - |
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
2024
05-03
Bankruptcy
Bankruptcy closure (insufficient assets)
Tribunal de l’entreprise francophone de Bruxelles · event 27-02-2024
2022
07-11
Bankruptcy
Opening
Tribunal de l’entreprise francophone de Bruxelles · event 31-10-2022
2021
11-02
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 195 days late
2019
21-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 21 days late
2018
19-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
20-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
19-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 19 days late
2015
26-08
NBB filing
Annual accounts filed
fiscal year 2014 · full schema · 26 days late
2014
08-08
NBB filing
Annual accounts filed
fiscal year 2013 · full schema · 8 days late
2013
01-08
NBB filing
Annual accounts filed
fiscal year 2012 · full schema · 1 day late
2012
10-08
NBB filing
Annual accounts filed
fiscal year 2011 · full schema · 10 days late
2011
02-08
NBB filing
Annual accounts filed
fiscal year 2010 · full schema · 2 days late
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 | POL MASSART CHAUSSEE DE LA HULPE, 110/5,
1000 FR BRUXELLES-VILLE |
31-10-2022 → 27-02-2024 |