TILE FLOWERS
InactiveTILE FLOWERS was declared bankrupt on 24-04-2023 (Ondernemingsrechtbank Antwerpen, afdeling Mechelen); the bankruptcy was closed by liquidation by judgment of 09-12-2024, published in the Belgian State Gazette on 13-12-2024.
No longer registered with the KBO; last annual accounts for fiscal year 2021.
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 30-09-2022, 4 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 · 8 filingsPosition against the passed deadline
30-09-2022 close30-04-2023 deadline22-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2021 was due by 30-04-2022 and was filed on 31-03-2022, 30 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
not filed
2024
not filed
2023
not filed
2022
not filed
2021
30 d early
2020
11 d early
2019
2 d early
← before the deadline
after the deadline →
Financials · fiscal year 2021, micro schema
Equity
€-65k▲ 15.7%
2020 · €-77k
2018: €-70k
2019: €-76k
2020: €-77k
2018 → 2021
Total assets
€29k▲ 26.0%
2020 · €23k
2018: €326
2019: €158
2020: €23k
2018 → 2021
Net result
€12k
2020 · €-1k
2018: €-4k
2019: €-6k
2020: €-1k
2018 → 2021
Working capital
€-74k▲ 15.7%
2020 · €-88k
2018: €-70k
2019: €-76k
2020: €-88k
2018 → 2021
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2018201920202021Trend
Equity€-70k-€-76k▼ 9.1%€-77k▼ 1.8%€-65k▲ 15.7%
Operating result€-3k-€-3k▲ 12.2%€-1k▲ 64.4%€13k
Net result€-4k-€-6k▼ 55.6%€-1k▲ 78.2%€12k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2021: €13k after a loss of €1k in 2020, the highest result in the available series.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €29k
Fixed assets
€9k▼ 18.4%
Current assets
€20k▲ 64.6%
Key figures and ratios
EBITDA
€15k▲
2020 · €975
Cash flow
€14k▲
2020 · €613
Solvency
-222.7%▲
2020 · -332.9%
Current ratio
0.22▲
2020 · 0.12
Quick ratio
0.17▲
2020 · 0.09
ROA
41.6%▲
2020 · -5.9%
Debt
€95k▼
2020 · €101k
Debt ≤ 1 year
€95k▼
2020 · €100k
Income taxes
€145▲
2020 · €73
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 · 2021 against 2020
Balance sheet
Code20202021
Assets
Total assets20/58€23k€29k▲
Fixed assets21/28€11k€9k▼
Intangible fixed assets21€9k€7k▼
Tangible fixed assets22/27€2k€2k▼
Current assets29/58€12k€20k▲
Stocks and contracts in progress3€4k€4k▲
Amounts receivable within one year40/41€6k€15k▲
Cash at bank and in hand54/58€2k€491▼
Equity and liabilities
Total equity and liabilities10/49€23k€29k▲
Equity10/15€-77k€-65k▲
Contributions10/11€19k-
Profit (loss) carried forward14€-96k€-84k▲
Amounts payable17/49€101k€95k▼
Amounts payable within one year42/48€100k€95k▼
Trade debts44€16k€18k▲
Income statement
Code20202021
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€2k=
Gross operating margin9900€1k€15k▲
Operating profit (loss)9901€-1k€13k▲
Recurring financial income75€51€220▲
Recurring financial charges65€339€447▲
Profit (loss) for the period before taxes9903€-1k€12k▲
Income taxes67/77€73€145▲
Profit (loss) for the period9904€-1k€12k▲
Profit (loss) for the period to be appropriated9905€-1k€12k▲
Timeline · acts, filings and financial milestones
2024
13-12
Bankruptcy
Bankruptcy closure (by liquidation)
Ondernemingsrechtbank Antwerpen, afdeling Mechelen · TILE FLOWERS BVBA BERGSTRAAT 80, 2220 HEIST-OP-DEN-BERG · event 09-12-2024
2023
28-04
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Mechelen · TILE FLOWERS BVBA BERG- STRAAT 80, 2220 HEIST-OP-DEN-BERG · event 24-04-2023
2022
31-03
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-09
Financial
Back to profitnet €12k
Net result €12k after 3 loss-making years.
19-04
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
28-04
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
30-09
Financial
Weakest financial yearnet €-6k
Net result drops to €-6k, the lowest in the series.
21-03
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
04-04
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
28-03
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
12-04
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
12-04
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema · 348 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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 | ANNELIES HELLEMANS NEETWEG 24, 2220 HEIST-OP-
DEN-BERG |
24-04-2023 → present |