TILBO
InactiveTILBO was declared bankrupt on 13-04-2023 (Ondernemingsrechtbank Antwerpen, afdeling Antwerpen); the bankruptcy was closed for insufficient assets by judgment of 26-11-2024, published in the Belgian State Gazette on 06-12-2024.
No longer registered with the KBO; last annual accounts for fiscal year 2022.
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Two or more financial years not filed
Since the financial year that closed on 30-09-2023, 3 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filingsPosition against the passed deadline
30-09-2023 close30-04-2024 deadline21-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2022 was due by 30-04-2023 and was filed on 06-03-2023, 55 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not filed
2024
not filed
2023
not filed
2022
55 d early
2021
310 d late
2020
675 d late
2019
29 d early
← before the deadline
after the deadline →
Financials · fiscal year 2022, micro schema
Equity
€13k▼ 45.3%
2021 · €24k
2018: €17k
2019: €18k
2020: €31k
2021: €24k
2018 → 2022
Total assets
€41k▲ 17.7%
2021 · €35k
2018: €38k
2019: €35k
2020: €42k
2021: €35k
2018 → 2022
Net result
€-11k▼ 59.6%
2021 · €-7k
2018: €-3k
2019: €1k
2020: €14k
2021: €-7k
2018 → 2022
Working capital
€12k▼ 46.9%
2021 · €23k
2018: €5k
2019: €-811
2020: €24k
2021: €23k
2018 → 2022
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20182019202020212022Trend
Equity€17k-€18k▲ 6.3%€31k▲ 77.4%€24k▼ 22.1%€13k▼ 45.3%
Operating result€-2k-€3k€17k▲ 576%€-7k€-609▲ 90.8%
Net result€-3k-€1k€14k▲ 1,208%€-7k€-11k▼ 59.6%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €609 in 2022 against €7k in 2021; the loss shrinks.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €41k
Fixed assets
€1k▼ 24.1%
Current assets
€40k▲ 19.9%
Equity and liabilities €41k
Equity
€13k▼ 45.3%
Debt
€28k▲ 163%
The debt ratio rises from 30.2% to 67.5%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-178▲
2021 · €-6k
Cash flow
€-11k▼
2021 · €-6k
Solvency
32.5%▼
2021 · 69.8%
Current ratio
1.43▼
2021 · 3.14
Quick ratio
1.43▼
2021 · 3.14
Debt / equity
2.08▲
2021 · 0.43
ROE
-82.7%▼
2021 · -28.4%
ROA
-26.9%▼
2021 · -19.8%
Interest coverage
-0.09▲
2021 · -4.93
Debt
€28k▲
2021 · €11k
Debt ≤ 1 year
€28k▲
2021 · €11k
Income taxes
€10k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2022 against 2021
Balance sheet
Code20212022
Assets
Total assets20/58€35k€41k▲
Fixed assets21/28€2k€1k▼
Tangible fixed assets22/27€2k€1k▼
Plant, machinery and equipment23€155€124▼
Furniture and vehicles24€2k€1k▼
Current assets29/58€33k€40k▲
Amounts receivable within one year40/41€32k€39k▲
Trade receivables40€17k€22k▲
Other amounts receivable41€15k€17k▲
Cash at bank and in hand54/58€727€72▼
Deferred charges and accrued income490/1€920€1k▲
Equity and liabilities
Total equity and liabilities10/49€35k€41k▲
Equity10/15€24k€13k▼
Contributions10/11€6k€6k=
Capital10€6k€6k=
Issued capital100€19k€19k=
Uncalled capital101€12k€12k=
Reserves13€25k€25k=
Non-distributable reserves130/1€2k€2k=
Legal reserve130€2k€2k=
Distributable reserves133€23k€23k=
Profit (loss) carried forward14€-7k€-18k▼
Amounts payable17/49€11k€28k▲
Amounts payable within one year42/48€11k€28k▲
Financial debts43€7k€14k▲
Credit institutions430/8€7k€14k▲
Trade debts44€387€828▲
Suppliers440/4€387€828▲
Taxes, remuneration and social security45€3k€13k▲
Taxes450/3€3k€13k▲
Other amounts payable47/48€284€16▼
Income statement
Code20212022
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€502€430▼
Other operating charges640/8€1k€541▼
Non-recurring operating charges66A€5k-
Gross operating margin9900€564€363▼
Operating profit (loss)9901€-7k€-609▲
Financial income75/76B€920€1k▲
Recurring financial income75€920€1k▲
Financial charges65/66B€1k€2k▲
Recurring financial charges65€1k€2k▲
Profit (loss) for the period before taxes9903€-7k€-1k▲
Income taxes67/77-€10k
Profit (loss) for the period9904€-7k€-11k▼
Profit (loss) for the period to be appropriated9905€-7k€-11k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-7k€-18k▼
Profit (loss) brought forward from the previous period14P-€-7k
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2024
06-12
Bankruptcy
Bankruptcy closure (insufficient assets)
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · TILBO BV PASTOOR WEYTSLAAN (DP) 21/1, 2920 KALMTHOUT · event 26-11-2024
2023
26-04
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · TILBO BV PASTOOR WEYTS- LAAN (DP) 21/1, 2920 KALMTHOUT · event 13-04-2023
06-03
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
06-03
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 310 days late
06-03
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 675 days late
2022
30-09
Financial
Weakest financial yearnet €-11k
Net result drops to €-11k, the lowest in the series.
2020
30-09
Financial
Highest result since 2018net €14k ▲1208%
Operating result €17k, net result €14k, both a record.
30-09
Financial
Liquidity triplescurrent ratio 3.26
Current ratio from 0.94 to 3.26; short-term debt falls from €14k to €11k.
01-04
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
30-09
Financial
Back to profitnet €1k
Net result €1k after one loss-making year.
30-04
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
30-03
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
31-03
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
16-03
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
2015
30-04
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema
2014
15-04
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | NICK PEETERS NOORDERLAAN 98,
2030 ANTWERPEN 3 |
13-04-2023 → present |