THOMAS COOK BELGIUM
A bankruptcy procedure is open for THOMAS COOK BELGIUM according to publications in the Belgian State Gazette. The 2018 annual accounts show equity of €118.48M and a net result of €56.64M.
| Equity | €118.48M |
| Net result | €56.64M |
| Staff (FTE) | 90.3 |
| Active | 48 yrs |
Fragile profile, watch stability in particular.
Computed on 4 of 5 axes. Not measured: growth. An unmeasured axis is not a zero: no data was read for it.
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.
The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.
See plans →| Fiscal year | 2018 |
|---|---|
| Deposit | volledig |
| Revenue | €391.58M |
| EBITDA | €6.65M |
| Net profit | €56.64M |
| Cash flow | €56.65M |
| Staff costs | - |
| Income taxes | €418k |
| Dividends | - |
| Total assets | €324.53M |
| Equity | €118.48M |
| Debt | €200.98M |
| of which ≤ 1y | €200.68M |
| of which > 1y | €274k |
| Working capital | €123.74M |
| Employees (FTE) | 90.3 |
| 2018 | |
|---|---|
| Current ratio | 1.62 |
| Quick ratio | 1.62 |
| Working capital ratio | 38.1% |
| Solvency | 36.5% |
| Debt / equity | 0.00 |
| Long-term debt ratio | 0.00 |
| Interest coverage | 6.08 |
| Gross margin | - |
| Net margin | 14.5% |
| ROA | 17.5% |
| ROE | 47.8% |
| EBITDA margin | 1.7% |
| Days sales outstanding | 294d |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Full annual accounts (24 line items)
| Line item | Code | 2018 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €324.53M |
| Fixed assets | 21/28 | €119k |
| Tangible fixed assets | 22/27 | €56k |
| Financial fixed assets | 28 | €62k |
| Current assets | 29/58 | €324.41M |
| Amounts receivable within one year | 40/41 | €315.17M |
| Cash & bank | 54/58 | €1.83M |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €324.53M |
| Equity | 10/15 | €118.48M |
| Contributions / capital | 10/11 | €56.09M |
| Reserves | 13 | €5.74M |
| Accumulated profits (losses) | 14 | €56.64M |
| Provisions & deferred taxes | 16 | €5.08M |
| Amounts payable | 17/49 | €200.98M |
| Amounts payable after one year | 17 | €274k |
| Amounts payable within one year | 42/48 | €200.68M |
| Trade debts payable within one year | 44 | €98.38M |
| Income statement | ||
| Turnover | 70 | €391.58M |
| Operating result | 9901 | €6.64M |
| Financial charges | 65 | €2.17M |
| Result before taxes | 9903 | €3.73M |
| Income taxes | 67/77 | €418k |
| Net result for the period | 9904 | €3.31M |
| Result to be appropriated | 9905 | €3.31M |
Historic, not recently confirmed (5)
-
Thomas HohnDirectorState Gazette act 16055789 (21-04-2016)Not recently confirmedlast confirmed in an act from 2016
-
Davy CLAERHOUTDirectorState Gazette act 16036200 (10-03-2016)Not recently confirmedlast confirmed in an act from 2016
-
Jan DEKEYSERDirectorState Gazette act 16036200 (10-03-2016)Not recently confirmedlast confirmed in an act from 2016
-
Paul DECROOSDirectorState Gazette act 16036200 (10-03-2016)Not recently confirmedlast confirmed in an act from 2016
2 events
- 10-03-2016 Appointed· Director
- 08-10-2015 Appointed· Director
-
Bernd LIENHARDDirectorState Gazette act 06032634 (13-02-2006)Not recently confirmedlast confirmed in an act from 2006
Former directors (3)
-
Reto WILHELMDirectorState Gazette act 16036200 (10-03-2016)Former10-03-2016 → 21-04-2016
2 events
- 21-04-2016 Resigned· Director
- 10-03-2016 Appointed· Director
-
Dr. Marco FerberDirectorState Gazette act 15141929 (08-10-2015)Former- → 08-10-2015
-
Wolfgang BEESERDirectorState Gazette act 06032634 (13-02-2006)Former- → 13-02-2006
| Statutory auditor | IRE/IBR number | Tenure |
|---|---|---|
| Ernst & Young Bedrijfsrevisoren Statutory auditor |
- | 01-06-2017 → 18-09-2017 |
Show 2 earlier auditors
| Peter Van Den Eynde Statutory auditor succeeded by Ernst & Young Bedrijfsrevisoren in 2017 |
- | 10-03-2016 → 01-06-2017 |
| PriceWaterhouseCoopers Bedrijfsrevisoren Statutory auditor |
- | - → 01-06-2017 |
| Role | Name | Tenure | Source |
|---|---|---|---|
| Curator | MIEKE VERPLANCKE ZUIDSTATIONSTRAAT 34-36,
9000 GENT |
25-09-2019 → present | Belgian State Gazette |
| Curator | PIETER HUYGHE SAVAANSTRAAT 72, 9000 GENT |
25-09-2019 → present | Belgian State Gazette |
| Curator | HANS DE MEYER COUPURE 373, 9000 GENT- |
25-09-2019 → present | Belgian State Gazette |
| NACE primary | Activiteiten van reisbureaus(79110) |
| Legal form | Public limited company(014) |
| Incorporation | 08-11-1977 |
| Status | Active |
| Postal code | 9052 |
| First BS signal | 01-10-2019 |
| Latest BS signal | 01-10-2019 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44082B0132/00F000 | Flanders | 9,545 m² | 1 · 3,366 m² | 15.3 m · 3 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
We know of 34 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
26-09-2019 Articles of association amended
Technical details
{
"schema": "v3.2",
"act_meta": {
"extractor": "qwen3-30b-a3b"
},
"name_change": {
"new": "",
"old": "",
"changed": false
},
"seat_change": {
"changed": false
},
"object_change": {
"changed": false
},
"subject_company": {
"kbo": "0418.052.479",
"name_full": "THOMAS COOK BELGIUM"
},
"legal_form_change": {
"new": "naamloze vennootschap",
"old": "naamloze vennootschap",
"changed": false
}
}09-07-2019 Transaction in capital or shares
Technical details
{
"events": [],
"schema": "v3.2",
"act_meta": {
"extractor": "qwen3-30b-a3b"
},
"subject_company": {
"kbo": "0418.052.479",
"name_full": "Thomas Cook Belgium"
}
}15-10-2018 Publication in the Belgian Official Gazette, Miscellaneous
Technical details
{
"stage": "proposal",
"notary": {
"name": "Tim CARNEWAL",
"firm_city": null,
"firm_name": null,
"office_city": "Gent",
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": "2018-10-15",
"filing_date": "2018-10-04",
"act_kind_objet": "GEZAMENLIJK VOORSTEL VAN OVERDRACHT - onder bezwarende titel"
},
"decision": {
"body": "algemene_vergadering",
"act_date": "2018-09-28",
"unanimous": null
},
"conversion": null,
"detected_kind": "branch_contribution",
"report_waiver": null,
"restructuring": {
"parties": [
{
"kbo": "0418.052.479",
"name": "Thomas Cook Belgium",
"role": "contributor",
"address": "Tramstraat 63-67, 9052 Gent (Zwijnaarde)",
"is_foreign": false,
"legal_form": "naamloze vennootschap",
"is_new_company": false,
"jurisdiction_country": "BE"
},
{
"kbo": null,
"name": "Pegase Travel",
"role": "recipient",
"address": null,
"is_foreign": false,
"legal_form": "naamloze vennootschap",
"is_new_company": false,
"jurisdiction_country": "BE"
}
],
"exchange_ratio": null,
"legal_articles": [
"770",
"760"
],
"is_cross_border": false,
"is_silent_merger": false,
"balance_basis_date": null,
"exchange_ratio_text": null,
"new_shares_issued_n": null,
"real_estate_included": false,
"patrimony_description": "De \u0027Pegase\u0027 bedrijfstak, inclusief de activa en passiva die daarmee samenhangen, wordt overgedragen van Thomas Cook Belgium naar Pegase Travel.",
"equity_transferred_eur": null,
"accounting_effective_date": null
},
"subject_company": {
"kbo": "0418.052.479",
"name_full": "Thomas Cook Belgium",
"legal_form": "naamloze vennootschap"
},
"publication_proxy": {
"kind": "person",
"org_kbo": null,
"org_name": null,
"person_name": "Tim CARNEWAL",
"org_rep_person_name": null
},
"summary_narrative": "Op 28 september 2018 heeft de algemene vergadering van Thomas Cook Belgium (THCB) een gezamenlijk voorstel van overdracht goedgekeurd, waarbij de \u0027Pegase\u0027 bedrijfstak wordt overgedragen aan de naamloze vennootschap Pegase Travel. Het voorstel is op 4 oktober 2018 neergelegd bij de rechtbank van koophandel Gent.",
"co_filed_documents": [
"uitgifte van de akte",
"twee volmachten"
],
"detected_real_type": "branch_contribution",
"referenced_correction": null,
"should_reroute_to_category": null
}18-09-2017 Ernst & Young Bedrijfsrevisoren appointed as statutory auditor
- Ernst & Young Bedrijfsrevisoren, Commissaris
Technical details
{
"events": [
{
"kind": "director_in",
"role": "commissaris",
"person": {
"rrn": null,
"name": "Ernst \u0026 Young Bedrijfsrevisoren",
"address": null,
"birth_date": null
}
}
],
"schema": "v3.2",
"act_meta": {
"extractor": "qwen3-30b-a3b"
},
"subject_company": {
"kbo": "0418.052.479",
"name_full": "THOMAS COOK BELGIUM"
}
}01-06-2017 1 director appointed, 1 resigning
- Ernst & Young Bedrijfsrevisoren, Commissaris
- PriceWaterhouseCoopers Bedrijfsrevisoren, Commissaris
Technical details
{
"events": [
{
"kind": "director_out",
"role": "commissaris",
"person": {
"rrn": null,
"name": "PriceWaterhouseCoopers Bedrijfsrevisoren",
"address": null,
"birth_date": null
}
},
{
"kind": "director_in",
"role": "commissaris",
"person": {
"rrn": null,
"name": "Ernst \u0026 Young Bedrijfsrevisoren",
"address": null,
"birth_date": null
}
}
],
"schema": "v3.2",
"act_meta": {
"extractor": "qwen3-30b-a3b"
},
"subject_company": {
"kbo": "0418.052.479",
"name_full": "THOMAS COOK BELGIUM"
}
}19-12-2016 Transaction in capital or shares
Technical details
{
"events": [],
"schema": "v3.2",
"act_meta": {
"extractor": "qwen3-30b-a3b"
},
"subject_company": {
"kbo": "0418.052.479",
"name_full": "Thomas Cook Belgium"
}
}31-05-2016 Publication in the Belgian Official Gazette, Miscellaneous
Technical details
{
"stage": null,
"notary": {
"name": "Muriel Baudoncq",
"firm_city": null,
"firm_name": null,
"office_city": "Gent",
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": "2016-05-31",
"filing_date": "2016-05-20",
"act_kind_objet": "Mededeling in het kader van artikel 556 van het Wetboek van"
},
"decision": {
"body": "enig_aandeelhouder_schriftelijk",
"act_date": "2016-05-20",
"unanimous": true
},
"conversion": null,
"detected_kind": "other",
"report_waiver": null,
"restructuring": {
"parties": [
{
"kbo": "0418.052.479",
"name": "Thomas Cook Belgium",
"role": "other",
"address": "Tramstraat 63-67, 9052 Zwijnaarde",
"is_foreign": false,
"legal_form": "Naamloze vennootschap",
"is_new_company": false,
"jurisdiction_country": "BE"
}
],
"exchange_ratio": null,
"legal_articles": [
"5:556"
],
"is_cross_border": false,
"is_silent_merger": false,
"balance_basis_date": null,
"exchange_ratio_text": null,
"new_shares_issued_n": null,
"real_estate_included": false,
"patrimony_description": "De overeenkomst bevat bepalingen die van toepassing zijn in geval van controlewijziging, zonder dat er een overdracht van vermogen of rechtsvormwijziging plaatsvindt.",
"equity_transferred_eur": null,
"accounting_effective_date": null
},
"subject_company": {
"kbo": "0418.052.479",
"name_full": "Thomas Cook Belgium",
"legal_form": "Naamloze vennootschap"
},
"publication_proxy": {
"kind": "person",
"org_kbo": null,
"org_name": null,
"person_name": "Muriel Baudoncq",
"org_rep_person_name": null
},
"summary_narrative": "Op 11 mei 2016 heeft een enkel aandeelhouder van Thomas Cook Belgium, naamloze vennootschap met zetel te Zwijnaarde, schriftelijk besloten om bepalingen in te voeren die van toepassing zijn bij een controlewijziging, overeenkomstig artikel 556 van het Wetboek van Vennootschappen. Het besluit werd op 20 mei 2016 neergelegd bij de rechtbank van koophandel van Gent.",
"co_filed_documents": [],
"detected_real_type": "other",
"referenced_correction": null,
"should_reroute_to_category": "statutes"
}21-04-2016 1 director appointed, 1 resigning
- Thomas Hohn, Bestuurder
- Reto Wilhelm, Bestuurder
Technical details
{
"events": [
{
"kind": "director_out",
"role": "bestuurder",
"person": {
"rrn": null,
"name": "Reto Wilhelm",
"address": null,
"birth_date": null
}
},
{
"kind": "director_in",
"role": "bestuurder",
"person": {
"rrn": null,
"name": "Thomas Hohn",
"address": null,
"birth_date": null
}
}
],
"schema": "v3.2",
"act_meta": {
"extractor": "qwen3-30b-a3b"
},
"subject_company": {
"kbo": "0418.052.479",
"name_full": "THOMAS COOK BELGIUM"
}
}10-03-2016 5 directors appointed
- Jan DEKEYSER, Bestuurder
- Davy CLAERHOUT, Bestuurder
- Paul DECROOS, Bestuurder
- Reto WILHELM, Bestuurder
- Peter Van Den Eynde, Commissaris
Technical details
{
"events": [
{
"kind": "director_in",
"role": "bestuurder",
"person": {
"rrn": null,
"name": "Jan DEKEYSER",
"address": null,
"birth_date": null
}
},
{
"kind": "director_in",
"role": "bestuurder",
"person": {
"rrn": null,
"name": "Davy CLAERHOUT",
"address": null,
"birth_date": null
}
},
{
"kind": "director_in",
"role": "bestuurder",
"person": {
"rrn": null,
"name": "Paul DECROOS",
"address": null,
"birth_date": null
}
},
{
"kind": "director_in",
"role": "bestuurder",
"person": {
"rrn": null,
"name": "Reto WILHELM",
"address": null,
"birth_date": null
}
},
{
"kind": "director_in",
"role": "commissaris",
"person": {
"rrn": null,
"name": "Peter Van Den Eynde",
"address": null,
"birth_date": null
}
}
],
"schema": "v3.2",
"act_meta": {
"extractor": "qwen3-30b-a3b"
},
"subject_company": {
"kbo": "0418.052.479",
"name_full": "THOMAS COOK BELGIUM"
}
}08-10-2015 1 director appointed, 1 resigning
- Paul Decroos, Bestuurder
- Dr. Marco Ferber, Bestuurder
Technical details
{
"events": [
{
"kind": "director_out",
"role": "bestuurder",
"person": {
"rrn": null,
"name": "Dr. Marco Ferber",
"address": null,
"birth_date": null
}
},
{
"kind": "director_in",
"role": "bestuurder",
"person": {
"rrn": null,
"name": "Paul Decroos",
"address": null,
"birth_date": null
}
}
],
"schema": "v3.2",
"act_meta": {
"extractor": "qwen3-30b-a3b"
},
"subject_company": {
"kbo": "0418.052.479",
"name_full": "THOMAS COOK BELGIUM THCB"
}
}16-06-2015 Transaction in capital or shares
Technical details
{
"events": [],
"schema": "v3.2",
"act_meta": {
"extractor": "qwen3-30b-a3b"
},
"subject_company": {
"kbo": "0418.052.479",
"name_full": "Thomas Cook Belgium"
}
}07-11-2011 Publication in the Belgian Official Gazette, Miscellaneous
Technical details
{
"stage": null,
"notary": {
"name": "Muriel Baudoncq",
"firm_city": null,
"firm_name": null,
"office_city": "Gent",
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": null,
"filing_date": "2011-10-13",
"act_kind_objet": ""
},
"decision": {
"body": "enig_aandeelhouder_schriftelijk",
"act_date": "2011-10-13",
"unanimous": true
},
"conversion": null,
"detected_kind": "other",
"report_waiver": null,
"restructuring": {
"parties": [
{
"kbo": "0418.052.479",
"name": "Thomas Cook Belgium",
"role": "other",
"address": "Tramstraat 63-67, 9052 Zwijnaarde",
"is_foreign": false,
"legal_form": "Naamloze vennootschap",
"is_new_company": false,
"jurisdiction_country": "BE"
}
],
"exchange_ratio": null,
"legal_articles": [
"5:56"
],
"is_cross_border": false,
"is_silent_merger": false,
"balance_basis_date": null,
"exchange_ratio_text": null,
"new_shares_issued_n": null,
"real_estate_included": false,
"patrimony_description": "Geen overdracht van vermogen of reorganisatie van de onderneming. De besluitvorming betreft de goedkeuring van bepalingen die van toepassing zijn bij een wijziging van controle.",
"equity_transferred_eur": null,
"accounting_effective_date": null
},
"subject_company": {
"kbo": "0418.052.479",
"name_full": "Thomas Cook Belgium",
"legal_form": "Naamloze vennootschap"
},
"publication_proxy": {
"kind": "person",
"org_kbo": null,
"org_name": null,
"person_name": "Muriel Baudoncq",
"org_rep_person_name": null
},
"summary_narrative": "De aandeelhouders van Thomas Cook Belgium, naamloze vennootschap met zetel te Zwijnaarde, hebben op 13 oktober 2011 eenparig schriftelijk besloten de goedkeuring te verlenen van bepalingen die van toepassing zijn in geval van een wijziging van de controle over de vennootschap, overeenkomstig artikel 556 van het Wetboek van Vennootschappen. De akte is neergelegd op 24 december 2011.",
"co_filed_documents": [],
"detected_real_type": "other",
"referenced_correction": null,
"should_reroute_to_category": "statutes"
}16-07-2008 Articles of association amended
Technical details
{
"schema": "v3.2",
"act_meta": {
"extractor": "qwen3-30b-a3b"
},
"name_change": {
"new": "",
"old": "",
"changed": false
},
"seat_change": {
"changed": false
},
"object_change": {
"changed": false
},
"subject_company": {
"kbo": "0418.052.479",
"name_full": "Thomas Cook Belgium"
},
"legal_form_change": {
"new": "naamloze vennootschap",
"old": "naamloze vennootschap",
"changed": false
}
}13-02-2006 1 director appointed, 1 resigning
- Bernd LIENHARD, Bestuurder
- Wolfgang BEESER, Bestuurder
Technical details
{
"events": [
{
"kind": "director_out",
"role": "bestuurder",
"person": {
"rrn": null,
"name": "Wolfgang BEESER",
"address": null,
"birth_date": null
}
},
{
"kind": "director_in",
"role": "bestuurder",
"person": {
"rrn": null,
"name": "Bernd LIENHARD",
"address": null,
"birth_date": null
}
}
],
"schema": "v3.2",
"act_meta": {
"extractor": "qwen3-30b-a3b"
},
"subject_company": {
"kbo": "0418.052.479",
"name_full": "THOMAS COOK BELGIUM"
}
}| Legal nameNL | THOMAS COOK BELGIUM |
| AbbreviationNL | THCB |