TENPLUSDESIGN
InactiveTENPLUSDESIGN was declared bankrupt on 27-06-2022 (Ondernemingsrechtbank Gent, afdeling Brugge); the bankruptcy was closed for insufficient assets by judgment of 20-10-2025, published in the Belgian State Gazette on 31-10-2025.
Summary
Inactive; last annual accounts for fiscal year 2020.
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 31-12-2020. Since then, 5 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 3 filingsPosition against the passed deadline
31-12-2021 close31-07-2022 deadline30-09-2026 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 20-07-2021, 11 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
11 d early
2019
81 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 2 accounts on average 35 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 2020, micro schema
Equity
€41,195▼ 4.0%
2019 · €42,897
Total assets
€55,849▼ 19.3%
2019 · €69,218
Net result
-€1,702
2019 · €54
Working capital
€41,195▼ 4.0%
2019 · €42,897
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
Operating result€26,512-€675▼ 97.5%-€1,701
Net result€22,842-€54▼ 99.8%-€1,702
Equity€42,842-€42,897▲ 0.1%€41,195▼ 4.0%
Total assets€58,042-€69,218▲ 19.3%€55,849▼ 19.3%
Debt€15,200-€26,321▲ 73.2%€14,654▼ 44.3%
Working capital€42,964-€42,897▼ 0.2%€41,195▼ 4.0%
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 2020: a loss of €1,701 after €675 in 2019, the lowest result in the available series.
Balance-sheet composition
2020 in colour, 2019 as the grey bar beneath
Equity and liabilities €55,849
Equity
€41,195 ▼ 4.0%
Debt
€14,654 ▼ 44.3%
Debt's share of the balance-sheet total falls from 38.0% to 26.2%. Equity and debt are lower.
Key figures and ratios
Current ratio
3.81▲
2019 · 2.63
ROE
-4.1%▼
2019 · 0.1%
ROA
-3.0%▼
2019 · 0.1%
Debt ≤ 1 year
€14,654▼
2019 · €26,321
Income taxes
€0▼
2019 · €235
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | Change |
|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €932 | - | - | - |
| Gross operating margin9900 | €27,550 | €1,238 | €2,599 | ▲ 110% |
| Operating profit (loss)9901 | €26,512 | €675 | -€1,701 | ▼ 352% |
| Recurring financial income75 | €4,415 | - | - | - |
| Recurring financial charges65 | €43 | €385 | €1 | ▼ 99.8% |
| Profit (loss) for the period before taxes9903 | €30,885 | €290 | -€1,702 | ▼ 687% |
| Income taxes67/77 | €8,042 | €235 | €0 | ▼ 100% |
| Profit (loss) for the period9904 | €22,842 | €54 | -€1,702 | ▼ 3,225% |
| Profit (loss) for the period to be appropriated9905 | €22,842 | €54 | -€1,702 | ▼ 3,225% |
| Line | 2018 | 2019 | 2020 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €58,042 | €69,218 | €55,849 | ▼ 19.3% |
| Current assets29/58 | €58,042 | €69,218 | €55,849 | ▼ 19.3% |
| Amounts receivable within one year40/41 | €53,538 | €69,217 | €55,849 | ▼ 19.3% |
| Cash at bank and in hand54/58 | €90 | €1 | €0 | ▼ 100% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €58,042 | €69,218 | €55,849 | ▼ 19.3% |
| Equity10/15 | €42,842 | €42,897 | €41,195 | ▼ 4.0% |
| Contributions10/11 | €20,000 | €20,000 | - | - |
| Reserves13 | €2,000 | €2,000 | €2,000 | = |
| Profit (loss) carried forward14 | €20,842 | €20,897 | €19,195 | ▼ 8.1% |
| Amounts payable17/49 | €15,200 | €26,321 | €14,654 | ▼ 44.3% |
| Amounts payable within one year42/48 | €15,078 | €26,321 | €14,654 | ▼ 44.3% |
| Trade debts44 | €635 | - | - | - |
| Line | 2018 | 2019 | 2020 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €22,842 | €54 | -€1,702 | ▼ 3,225% |
| + Depreciation and write-downs630 | €932 | - | - | - |
| Operating cash flow (approximation) | €23,774 | €54 | -€1,702 | ▼ 3,225% |
| Change in cash | - | -€89 | -€1 | ▲ 99.0% |
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
2025
31-10
Bankruptcy
Bankruptcy closure (insufficient assets)
Ondernemingsrechtbank Gent, afdeling Brugge · event 20-10-2025
2023
08-03
Bankruptcy
Supervising judge replaced
Ondernemingsrechtbank Gent, afdeling Brugge · event 20-02-2023
2022
13-07
Bankruptcy
Opening
Ondernemingsrechtbank Gent, afdeling Brugge · event 27-06-2022
2021
20-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Weakest financial yearnet -€1,702
Net result drops to -€1,702, the lowest in the series.
20-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 81 days late
2019
26-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 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
2 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 | NAIMA BOUSLAMA BARON RUZETTELAAN 244/A.0.1,
8310 BRUGGE |
27-06-2022 → 20-10-2025 |