TIE BELGIUM
InactiveInactive; last annual accounts for fiscal year 2012.
Signals
Two signals. The signal on the left, the evidence on the right.
○neutral
neutral · No filing for years
The last filed financial year closed on 31-01-2012. Since then, 14 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 10 filingsPosition against the passed deadline
31-01-2013 close31-08-2013 deadline24-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-01-2012 was due by 31-08-2012 and was filed on 19-07-2012, 43 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2026
not confirmed
2025
not filed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
not filed
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2012, full schema
Turnover
€974k▼ 61.3%
2011 · €2.52M
2008: €1.82M
2009: €1.88M
2011: €2.52M
2008 → 2012
EBIT margin
1.0%▼ 4.7pp
2011 · 5.7%
2008: 0.1%
2009: -4.5%
2011: 5.7%
2008 → 2012
Net result
€-10k
2011 · €129k
2008: €10k
2009: €-79k
2011: €129k
2008 → 2012
Working capital
€358k▼ 1.1%
2011 · €362k
2008: €391k
2009: €329k
2011: €362k
2008 → 2012
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2008200920112012Trend
Turnover€1.82M-€1.88M▲ 3.4%€2.52M▲ 33.8%€974k▼ 61.3%
Equity€174k-€95k▼ 45.4%€224k▲ 135%€214k▼ 4.3%
Operating result€1k-€-85k€142k€9k▼ 93.4%
Net result€10k-€-79k€129k€-10k
Result per fiscal year
Operating resultNet result
The operating result falls in 2012; 2012 is 93% below 2011.
Balance-sheet composition
2012 in colour, 2011 as the grey bar beneath
Equity and liabilities €603k
Equity
€214k ▼ 4.3%
Debt
€389k ▼ 27.2%
Debt's share of the balance-sheet total falls from 70.5% to 64.5%. Equity and debt are lower.
Key figures and ratios
Current ratio
2.46▲
2011 · 1.91
ROE
-4.5%▼
2011 · 57.5%
ROA
-1.6%▼
2011 · 17.0%
Debt ≤ 1 year
€245k▼
2011 · €396k
Income taxes
€13k▲
2011 · €1k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2012 against 2011 · 22 lines
Balance sheet
Code20112012
Assets
Total assets20/58€758k€603k▼
Current assets29/58€758k€603k▼
Amounts receivable within one year40/41€252k€277k▲
Cash at bank and in hand54/58€454k€260k▼
Equity and liabilities
Total equity and liabilities10/49€758k€603k▼
Equity10/15€224k€214k▼
Contributions10/11€374k€374k=
Reserves13€3k€3k=
Profit (loss) carried forward14€-153k€-163k▼
Amounts payable17/49€535k€389k▼
Amounts payable within one year42/48€396k€245k▼
Trade debts44€239k€101k▼
Income statement
Code20112012
Turnover70€2.52M€974k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€548-
Operating profit (loss)9901€142k€9k▼
Recurring financial income75€7k€115▼
Recurring financial charges65€9k€6k▼
Debt charges650€8k-
Profit (loss) for the period before taxes9903€130k€4k▼
Income taxes67/77€1k€13k▲
Profit (loss) for the period9904€129k€-10k▼
Profit (loss) for the period to be appropriated9905€129k€-10k▼
Timeline · acts, filings and financial milestones
2012
19-07
NBB filing
Annual accounts filed
fiscal year 2012 · full schema
04-07
State Gazette act
Board meeting · Merger
Corporate purpose · Share transfer
2011
04-08
NBB filing
Annual accounts filed
fiscal year 2011 · full schema
31-01
Financial
Back to profitnet €129k
Net result €129k after one loss-making year.
31-01
Financial
Equity above €200kEq €224k ▲135%
Equity rises from €95k to €224k.
2009
26-10
NBB filing
Annual accounts filed
fiscal year 2009 · full schema
30-06
Financial
Weakest financial yearnet €-79k ▼880%
Net result drops to €-79k, the lowest in the series.
2008
24-10
NBB filing
Annual accounts filed
fiscal year 2008 · full schema
2007
10-10
NBB filing
Annual accounts filed
fiscal year 2007 · full schema
2006
06-11
NBB filing
Annual accounts filed
fiscal year 2006 · full schema
2005
27-12
NBB filing
Annual accounts filed
fiscal year 2005 · full schema
04-02
NBB filing
Annual accounts filed
fiscal year 2004 · full schema · 4 days late
2004
02-04
NBB filing
Annual accounts filed
fiscal year 2003 · full schema
2003
08-04
NBB filing
Annual accounts filed
fiscal year 2002 · full schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Structure & network
Acquisitions and mergers
1 transactionTaken over by:Zemblaz