Skip to content

TENPIEM

Inactive
KBO/BCE: BE 0662.464.468

TENPIEM was declared bankrupt on 22-11-2022 (Tribunal de l’entreprise du Hainaut, division Tournai); the bankruptcy was closed for insufficient assets by judgment of 21-03-2023, published in the Belgian State Gazette on 27-03-2023.

Summary

Inactive; last annual accounts for fiscal year 2020.

Signals

Three signals. The signal on the left, the evidence on the right.
○neutral
neutral · Prior bankruptcy
Earlier bankruptcy on record in the Belgian State Gazette, no current open procedure.
Belgian State Gazette
neutral · No filing for years
The last filed financial year closed on 31-12-2020. Since then, 5 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 3 filings
Position against the passed deadline
31-12-2021 close31-07-2022 deadline29-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2020 was due by 31-07-2021 and was filed on 15-07-2021, 16 days ahead of the deadline.
NBB · 3 filings
Deviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
16 d early
2019
35 d late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 2 accounts on average 10 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)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

Revenue went from EUR 82,359 in 2018 to EUR 4,411 in 2020.1 TENPIEM was declared bankrupt on 22 November 2022; the bankruptcy was closed on 21 March 2023.23

  1. 1National Bank, annual accounts 2018 and 2020
  2. 2Belgian State Gazette, 28-11-2022
  3. 3Belgian State Gazette, 27-03-2023

Financials · fiscal year 2020, micro schema

Turnover
€4,411▲ 107%
2019 · €2,129
EBIT margin
-274.6%▲ 1120.0pp
2019 · -1394.7%
Net result
-€12,248▲ 59.1%
2019 · -€29,924
Working capital
-€37,511▼ 26.9%
2019 · -€29,554
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
Line201820192020
Turnover€82,359-€2,129▼ 97.4%€4,411▲ 107%
Operating result€24,127--€29,690-€12,114▲ 59.2%
Net result€21,661--€29,924-€12,248▲ 59.1%
EBIT margin29.3%--1394.7%▼ 1424.0pp-274.6%▲ 1120.0pp
Equity€4,967--€24,957-€37,205▼ 49.1%
Total assets€29,605-€5,627▼ 81.0%€1,536▼ 72.7%
Debt€24,639-€30,584▲ 24.1%€38,740▲ 26.7%
Working capital-€3,002--€29,554▼ 884%-€37,511▼ 26.9%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€40,000-€20,000€0€20,000Operating result 2018: €24,127€24,127Net result 2018: €21,661€21,661Operating result 2019: -€29,690-€29,690Net result 2019: -€29,924-€29,924Operating result 2020: -€12,114-€12,114Net result 2020: -€12,248-€12,248201820192020-€40,000-€20,000€0€20,000Operating result 2018: €24,127€24,100Net result 2018: €21,661€21,700Operating result 2019: -€29,690-€29,700Net result 2019: -€29,924-€29,900Operating result 2020: -€12,114-€12,100Net result 2020: -€12,248-€12,200201820192020
The operating result stays negative: a loss of €12,114 in 2020 against €29,690 in 2019; the loss shrinks.
Balance-sheet composition
2020 in colour, 2019 as the grey bar beneath
Assets €1,536
Fixed assets €306 ▼ 93.3%
Current assets €1,230 ▲ 19.4%
Key figures and ratios
2020 value · change against 2019
EBITDA
-€7,824▲
2019 · -€25,399
Cash flow
-€7,957▲
2019 · -€25,633
Debt ≤ 1 year
€38,740▲
2019 · €30,584
Ratios withheld: a balance sheet total of €1,536 is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2020 against 2019 · 22 lines
Balance sheet Code20192020
Assets
Total assets20/58€5,627€1,536▼
Fixed assets21/28€4,597€306▼
Tangible fixed assets22/27€4,597€306▼
Current assets29/58€1,030€1,230▲
Amounts receivable within one year40/41€1,027€1,217▲
Cash at bank and in hand54/58€3€12▲
Equity and liabilities
Total equity and liabilities10/49€5,627€1,536▼
Equity10/15-€24,957-€37,205▼
Contributions10/11€18,550€18,550=
Profit (loss) carried forward14-€43,507-€55,755▼
Amounts payable17/49€30,584€38,740▲
Amounts payable within one year42/48€30,584€38,740▲
Trade debts44€17,787€20,029▲
Income statement Code20192020
Turnover70€2,129€4,411▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4,290€4,290=
Gross operating margin9900-€23,585-€7,233▲
Operating profit (loss)9901-€29,690-€12,114▲
Recurring financial charges65€126€133▲
Profit (loss) for the period before taxes9903-€29,816-€12,248▲
Income taxes67/77€108-
Profit (loss) for the period9904-€29,924-€12,248▲
Profit (loss) for the period to be appropriated9905-€29,924-€12,248▲
Line201820192020Change
Turnover70€82,359€2,129€4,411▲ 107%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3,984€4,290€4,290=
Gross operating margin9900€34,281-€23,585-€7,233▲ 69.3%
Operating profit (loss)9901€24,127-€29,690-€12,114▲ 59.2%
Recurring financial charges65€2,065€126€133▲ 6.1%
Profit (loss) for the period before taxes9903€22,061-€29,816-€12,248▲ 58.9%
Income taxes67/77€400€108--
Profit (loss) for the period9904€21,661-€29,924-€12,248▲ 59.1%
Profit (loss) for the period to be appropriated9905€21,661-€29,924-€12,248▲ 59.1%
Line201820192020Change
Assets
Total assets20/58€29,605€5,627€1,536▼ 72.7%
Fixed assets21/28€7,969€4,597€306▼ 93.3%
Tangible fixed assets22/27€7,969€4,597€306▼ 93.3%
Current assets29/58€21,637€1,030€1,230▲ 19.4%
Amounts receivable within one year40/41€3,395€1,027€1,217▲ 18.5%
Cash at bank and in hand54/58€18,242€3€12▲ 327%
Equity and liabilities
Total equity and liabilities10/49€29,605€5,627€1,536▼ 72.7%
Equity10/15€4,967-€24,957-€37,205▼ 49.1%
Contributions10/11€18,550€18,550€18,550=
Profit (loss) carried forward14-€13,583-€43,507-€55,755▼ 28.2%
Amounts payable17/49€24,639€30,584€38,740▲ 26.7%
Amounts payable within one year42/48€24,639€30,584€38,740▲ 26.7%
Trade debts44€18,514€17,787€20,029▲ 12.6%
Line201820192020Change
Profit (loss) for the period9904€21,661-€29,924-€12,248▲ 59.1%
+ Depreciation and write-downs630€3,984€4,290€4,290=
Operating cash flow (approximation)€25,646-€25,633-€7,957▲ 69.0%
Investment in fixed assets (approximation)--€919€0▲ 100%
Change in cash--€18,239€9▲ 100%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Timeline · acts, filings and financial milestones

2023
27-03
Bankruptcy Bankruptcy closure (insufficient assets)
Tribunal de l’entreprise du Hainaut, division Tournai · event 21-03-2023
2022
28-11
Bankruptcy Opening
Tribunal de l’entreprise du Hainaut, division Tournai · event 22-11-2022
2021
15-07
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
04-09
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 35 days late
2019
31-12
Financial Weakest financial yearnet -€29,924
Net result drops to -€29,924, the lowest in the series.
14-08
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 14 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts

We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

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

Insolvency mandates

1 mandate
Role Name Tenure
Curator XAVIER LECLERCQ
RUE DE TOURCOING 98, 7700 MOUSCRON- . Date provisoire de cessation de paiement : 22/11/2022
22-11-2022 → 21-03-2023