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BE 0453.953.367Public limited companyOpen bankruptcy
TER KORBEKE
Oude Baan 106 ·3360 Bierbeek, Belgium· 31 yrs active
Conclusion
A bankruptcy procedure is open for TER KORBEKE according to publications in the Belgian State Gazette. The 2019 annual accounts show equity of €306k and a net result of €48k.
Based on the State Gazette, CBE and 2 annual accounts.
Key figures
| Equity | €306k |
| Net result | €48k |
| Active | 31 yrs |
| Publications | 1 |
Snowflake analysis
41
/ 100
Fragile profile, watch stability in particular.
Health
13
Profitability
78
Solvency
36
Growth
78
Stability
0
Bankruptcy probability (12 mo)
Bankruptcy opened
A bankruptcy procedure is already open, a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.
Risk Assessment
50 / 100
High riskComponents
· Open bankruptcy (+50)
Trust signals
Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Administrative Flags
No administrative flags
Health barometer
13
/ 100
Critical
Unlock the full score breakdown, per-year score history and the indicative credit limit with Plus.
See plans →Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative, not credit advice.
Financial overview
Annual accounts filed on 18-02-2021 with the NBB · fiscal year 2019 · micro
€83k
-14.8%
18-19
€48k
+10.8%
18-19
€169k
+2.8%
18-19
€8.21M
+0.3%
18-19
€306k
+0.2%
18-19
€5.30M
-0.4%
18-19
€4k
-
18-19
€7.90M
+0.3%
18-19
€618k
+35.6%
18-19
€6.78M
-1.0%
18-19
9.57
-24.5%
18-19
9.57
-24.5%
18-19
3.7%
-0.1%
18-19
22.15
-1.2%
18-19
15.6%
+10.6%
18-19
0.6%
+10.5%
18-19
Figures by fiscal year
| Fiscal year | 2019 |
|---|---|
| Revenue | - |
| EBITDA | €83k |
| Net profit | €48k |
| Cash flow | €169k |
| Staff costs | - |
| Income taxes | - |
| Dividends | - |
| Total assets | €8.21M |
| Equity | €306k |
| Debt | €7.90M |
| of which ≤ 1y | €618k |
| of which > 1y | €6.78M |
| Working capital | €5.30M |
| Employees (FTE) | - |
Ratios (computed)
| 2019 | |
|---|---|
| Current ratio | 9.57 |
| Quick ratio | 9.57 |
| Working capital ratio | 64.5% |
| Solvency | 3.7% |
| Debt / equity | 22.15 |
| Long-term debt ratio | 22.15 |
| Interest coverage | - |
| Gross margin | - |
| Net margin | - |
| ROA | 0.6% |
| ROE | 15.6% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Balance-sheet composition 2019
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2019 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €8.21M |
| Fixed assets | 21/28 | €2.29M |
| Tangible fixed assets | 22/27 | €2.29M |
| Current assets | 29/58 | €5.92M |
| Amounts receivable within one year | 40/41 | €2.17M |
| Cash & bank | 54/58 | €3.75M |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €8.21M |
| Equity | 10/15 | €306k |
| Contributions / capital | 10/11 | €62k |
| Reserves | 13 | €80k |
| Accumulated profits (losses) | 14 | €48k |
| Amounts payable | 17/49 | €7.90M |
| Amounts payable after one year | 17 | €6.78M |
| Amounts payable within one year | 42/48 | €618k |
| Trade debts payable within one year | 44 | €512k |
| Income statement | ||
| Gross operating margin | 9900 | €110k |
| Operating result | 9901 | €-38k |
| Financial income | 75 | €53k |
| Financial charges | 65 | €14k |
| Result before taxes | 9903 | €585 |
| Net result for the period | 9904 | €585 |
| Result to be appropriated | 9905 | €5k |
You're seeing the latest fiscal year only. Unlock 1 prior year (figures + ratios) with a paid plan.
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Ratios computed by Checked.
Directors & mandates
| Role | Name | Tenure | Source |
|---|---|---|---|
| Curator | JAN DE RIECK FONTEINSTRAAT 1A, 3000 LEUVEN- |
23-06-2022 → present | Belgian State Gazette |
| Curator | STEVEN VERBEKE OLV Broeders-
straat 3, 3300 TIENEN |
23-06-2022 → present | Belgian State Gazette |
Legal Structure
| NACE primary | - |
| Legal form | Public limited company(014) |
| Incorporation | 02-12-1994 |
| Status | Active |
| Postal code | 3360 |
| First BS signal | 29-06-2022 |
| Latest BS signal | 29-06-2022 |
Company structure, linked entities
Mandates
↔
1
of these mandate-holders are active on other cases, click any red card to open that KBO.
Updates
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
2022
29-06-2022
Bankruptcy
Opening
2021
18-02-2021
NBB filing
Annual accounts filed
2019
14-10-2019
NBB filing
Annual accounts filed
2018
27-09-2018
NBB filing
Annual accounts filed
2017
31-10-2017
NBB filing
Annual accounts filed
2016
03-10-2016
NBB filing
Annual accounts filed
2015
28-07-2015
NBB filing
Annual accounts filed
2014
20-08-2014
NBB filing
Annual accounts filed
2013
30-08-2013
NBB filing
Annual accounts filed
2012
09-07-2012
NBB filing
Annual accounts filed
2011
04-08-2011
NBB filing
Annual accounts filed
Lifecycle & Insolvency Signals
29-06-2022
Bankruptcy
Opening
Time machine, BS events + macro context
Macro context
2020-Q2/Q3 COVID lockdown
2022 energy crisis
2023-2024 ECB rate hikes
Legend
Bankruptcy
Interim / reorg
KBO event
Credit advice
AI due-diligence brief
Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
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AI-generated from Checked data; indicative, not legal or investment advice.
Company registry (CBE)
Names & trade names
| Legal nameNL | TER KORBEKE |
Registered office
Oude Baan 106
3360 Bierbeek, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.