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TITANIUM

Dissolved and wound up on 30-12-2019 KBO/BCE: BE 0465.634.444 subsidiary of BCC SA
TITANIUM
Follow Report

Overview

Lifetime

12 annual accounts with figures on one time axis, 19 filings since 2000
peak €585,050 (2018)
€585,050▲ 334%
lowest -€101,537 (2008)
€326,203▲ 233%
peak €1.7m (2017)
€640,737▼ 62.9%
€194,528▲ 358%
Board1 name since 2018
- 
Owners2 names in the annual accounts
consolidatesBOOMERANG CORE COMPANY SA ET OU BROMURE SA
Documentsfilings and deeds
31-10-201992 days late
2018financial year
Gross margin from €134,831 to €585,050Result from €97,965 to €326,203Permanent representative: Christophe MUGUERZA BENGOECHEA 27-03Capital decrease of €1,412,000 to €100,000 30-01Equity from €1.7m to €640,737Debts from €42,460 to €194,528

Key points

from the 2018 annual accounts, the last ones filed

Equity

€640,737 from €1.7m in 2017

Equity fell by 63% in 1 year.

Filings

19 annual accounts since 2000
AprilJune31 JulyOctober2000200520102015

Four of the last ten came late. The 2016 accounts came latest: 946 days after the end of the period.

No score

Board and ownership

last known board
D
DEWITLaurent
Director, last mentioned in 2018
  • BCC SA consolidatesscore 96equity €2.3m (2025) · annual accounts 2018
Board & ownership

Recent changes

Dissolution with immediate closure of the liquidation Dissolved and wound up in a single deed on 30-12-2019 · No liquidator appointed · Books and records kept in Brussels (5 years) · Gazette deed
Permanent representative: Christophe MUGUERZA BENGOECHEA General meeting of 27-02-2018 · Gazette deed
Capital decrease of €1,412,000 to €100,000 Capital from €1,512,000 to €100,000 · Appointment: DEWIT Laurent (director) · General meeting of 27-12-2017 · Gazette deed
Incorporation 23 publications in the Belgian Official Gazette, the last on 14-01-2020 · Gazette deed
All 33 events

Official details

Source: KBO
Status
Dissolved and wound up on 30-12-2019deed of 14-01-2020
Activity
No activity registered in the KBO
Financial year end
31 December
Peppol
Not found in the Peppol Directory
Company details

Annual accounts 2018

€585,050
≈ €1.4mestimated
€326,203
€640,737
€835,265
Filing
Filed on 31-10-2019
Financials

Insights on TITANIUM

Inactive. The last annual accounts are for financial year 2018. The company was dissolved and wound up in a single deed on 30-12-2019. No liquidator was appointed. The books and records are kept for 5 years in Brussels.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette.

Financials

Annual accounts 2018

full format, filed on 31-10-2019, 92 days late
€585,050
▲ 334%
€555,489
▲ 525%
€326,203
▲ 233%
€643,316
▲ 58.3%
76.7%
▼ 20.9 percentage points
4.36
▼ 10.54

The turnover shown is an estimate from the gross margin.

Turnover ≈ €1.4m. Estimated: probably between €830,000 and €2.3m.

Balance sheet

balance sheet total €835,265 on 31-12-2018
What the company ownsHow it is paid for

in €m

in €m

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend201820172016201520142013201220112010200920082007
Balance sheet: assets
20/58 835,2651.8m1.6m1.6m1.6m1.7m1.6m230,9341.2m159,9411.1m1.1m
21/28 5371.3m1.4m1.4m1.4m1.4m1.4m---5959
22/27 5371.3m1.4m1.4m1.4m1.4m1.4m-----
22 -1.3m1.4m1.4m1.4m1.4m1.4m-----
24 5371,4322,1482,864--------
28 ----------5959
29/58 834,728435,687285,018263,037237,259252,799191,182230,9341.2m159,9411.1m1.1m
40/41 432,430107,52976,5468,11534,2906,6064,2483,4494,3964,32311,0924,036
40 623-13,3106,6557,021-------
41 431,807107,52963,2361,46027,2706,6064,2483,4494,3964,32311,0924,036
50/53 79,842132,263117,861124,058159,182-------
54/58 320,992155,90389,29299,82440,372241,842167,584227,4851.1m135,6191.0m1.1m
490/1 1,46439,9921,31931,0413,4154,35019,350-40,00020,00020,000-
Balance sheet: equity and liabilities
10/49 835,2651.8m1.6m1.6m1.6m1.7m1.6m230,9341.2m159,9411.1m1.1m
10/15 640,7371.7m1.6m1.6m1.6m1.7m1.6m204,284124,358115,941-36,93064,606
10/11 100,0001.5m1.5m1.5m1.5m1.5m1.5m62,00062,00062,00062,00062,000
100 100,0001.5m1.5m1.5m1.5m1.5m1.5m62,00062,00062,00062,00062,000
13 10,00010,0007,5617,3337,2657,2656,2006,2006,2006,2006,2006,200
130 10,00010,0007,5617,3337,2657,2656,2006,2006,2006,2006,2006,200
14 530,737204,534109,007104,695103,408136,078115,857136,08456,15847,741-105,130-3,594
17/49 194,52842,46012,97218,74813,96119,3311,50026,6501.1m44,0001.1m1.0m
42/48 191,41229,232-18,74813,961--26,6501.0m24,0001.0m1.0m
42 -----------1.0m
43 --------1.0m-1.0m-
439 --------1.0m-1.0m-
44 -1,832-15,27913,961---2---
440/4 -1,832-15,27913,961-------
441 --------2---
45 190,00027,400-3,470---26,65026,80024,000--
450/3 190,00027,400-3,470---26,65026,8004,000--
454/9 ---------20,000--
47/48 1,412-----------
492/3 3,11613,22812,972--19,3311,500-32,69920,00087,50017,500
Income statement
76A 568,125------184---96
9900 585,050134,83127,53458,91910,510-5879,21379,39798,89558,82939,819-654
630 89523,21623,21623,21622,50022,5005,625-----
640/8 28,66522,71021,31822,05415,55518,2679578989898989
9901 555,48988,905-16,99913,649-27,545-41,3542,63179,30898,80658,74039,730-743
75/76B 15,36037,98121,80826,35331,11566,04218,71485,44217,553220,79138,5857,021
75 15,36037,98121,80826,35331,11566,04218,71485,44217,553220,79138,5857,021
65/66B 52,67519426938,63337,1683,40240,65857,49881,314114,529179,85217,569
65 52,67519426938,63337,1683,40240,65857,49881,314114,529179,85217,569
9903 518,174126,6924,5401,368-33,59821,286-19,313107,43635,046165,003-101,537-11,195
67/77 191,97128,727-13-928-91427,50926,62912,131-150
9904 326,20397,9654,5401,355-32,67021,286-20,22779,9268,416152,872-101,537-11,345
9905 326,20397,9654,5401,355-32,67021,286-20,22779,9268,416152,872-101,537-11,345
Appropriation of the result
9906 530,737206,973109,235104,763103,408137,143115,857136,08456,15847,741-105,130-3,594
691/2 -2,43922868-1,065------
6920 -2,43922868-1,065------
Document PDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDFPDF

The accounts for 7 older financial years (2000-2006) were filed as documents without figures as data, scans for example.

Source: Annual accounts 2018 (PDF), filed on 31-10-2019.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank

2018 annual accounts filed 92 days after the deadline. Filed on 31 October 2019, deadline 31 July 2019 (7 months after the close on 31 December 2018, Companies Code art. 3:10). Source: NBB, 2019-72100499.

Financial year Type Filed Reference Document
31-12-2018 full format 31-10-2019 2019-72100499 PDF
30-09-2017 full format 03-12-2019 2019-75300463 PDF
30-09-2016 full format 02-12-2019 2019-75300408 PDF
30-09-2015 full format 21-03-2016 2016-06600499 PDF
30-09-2014 full format 14-11-2014 2014-66900436 PDF
30-09-2013 full format 29-04-2014 2014-10400142 PDF
30-09-2012 full format 07-05-2013 2013-11200354 PDF
30-09-2011 full format 24-04-2012 2012-09100374 PDF
30-09-2010 full format 11-04-2011 2011-08100107 PDF
30-09-2009 full format 25-03-2010 2010-07300291 PDF
30-09-2008 full format 28-04-2009 2009-12400321 PDF
30-09-2007 full format 20-03-2008 2008-08000289 PDF
30-09-2006 full format 14-05-2007 2007-13800386 PDF
30-09-2005 full format 24-03-2006 2006-08302818 PDF
30-09-2004 full format 29-03-2005 2005-09303140 PDF
30-09-2003 full format 23-03-2004 2004-08500945 PDF
30-09-2002 full format 24-04-2003 2003-12003571 PDF
30-09-2001 full format 22-05-2002 2002-14002769 PDF
30-09-2000 full format 03-04-2001 2001-08800501 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend201820172016201520142013201220112010200920082007
556,384112,1216,21736,865-5,045-18,8548,256-----
327,098121,18127,75624,571-10,17043,786-14,602-----
-1.3m003,580001.5m-----
165,08866,612-10,53259,452-201,47074,258-59,900-911,9771.0m-883,800-58,593-
643,316406,455-244,289223,298--204,284157,056135,94150,51182,047
76.7%97.6%99.2%98.9%99.1%98.8%99.9%88.5%10.5%72.5%-3.5%6.0%
4.3614.90-14.0316.99--8.671.156.661.051.08
0.300.020.010.010.010.010.000.138.520.38-15.75
50.9%5.7%0.3%0.1%-2.0%1.3%-1.2%39.1%6.8%131.9%--17.6%
39.1%5.5%0.3%0.1%-2.0%1.3%-1.2%34.6%0.7%95.6%-9.7%-1.0%

EBIT margin: not included in this filing.

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Insights on TITANIUM

The operating result for 2018 is over 6.2 times that of 2017 and the highest since 2007. It is the second rise in a row, after the fall in 2016.

Debt's share of the balance-sheet total rises from 2.4% to 23.3%. Equity is lower and debt is higher.

Large changes and their cause
  • 2018 Net result +233% on 2017. This financial year ran 15 months, the previous one 12.

Board & ownership

Mandates through the years

1 name
DEWITLaurent
Director
Earlierend not dated
Mandates as a list
  • DEWITLaurent
    • Director, appointed by deed of 30-01-2018, last mentioned in 2018

See the board, name and registered office on a given date →

Control

Consolidating parent
BCC SA
Equity €2.3m
Profit €170,145 in 2025 (profit €154,778 in 2024)
Checked score 96
Source: parent in own accounts 2018
consolidates
This company
TITANIUM
Equity €640,737
Profit €326,203 in 2018

Capital

Capital
€100,000
Source
2018 annual accounts

Owners through the years

as the annual accounts name them
UNDER -& BACK-GROUND COMPANY
99.9%
99.9%
BOOMERANG CORE COMPANY SA ET OU BROMURE SA
87.88%consolidates
consolidates until 2018
Owners as a list

Source: parent in its own accounts, lists of holdings in the owners' accounts

Articles of association

deed of 30-01-2018 (in French)
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
“........ CINQUIEME RESOLUTION L'assemblée décide de modifier la date de l'assemblée générale ordinaire et de fixer celle-ci au quinze juin à…”

Office holders in the KBO →

Network & group

Parent

BCC SA
0450.041.594 · equity €2.3m · profit €170,145 (2025)
Checked score 96

Connections & network

Depth

The network starts from the shareholders of TITANIUM. Every company they also own or run is a node.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

Timeline

Timeline

33 events since 1999
2020
Dissolution with immediate closure of the liquidation PDFDissolved and wound up in a single deed on 30-12-2019 · No liquidator appointed · Books and records kept in Brussels (5 years)
2019
Annual accounts 2017 filed PDFfull format · 582 days late
Annual accounts 2016 filed PDFfull format · 946 days late
Annual accounts 2018 filed PDFfull format · 92 days late
2018
Highest result from 2007 to 2018 net €326,203 ▲233% The operating result of €555,489 and the net result of €326,203 are both a record.
Permanent representative: Christophe MUGUERZA BENGOECHEAGeneral meeting of 27-02-20182 points ▸
  • General meeting, 27-02-2018
  • Permanent representative, Christophe MUGUERZA BENGOECHEA
  • The deed holds 1 more point.

Open the deed in the Belgian Official Gazette

Capital decrease of €1,412,000 to €100,000Capital from €1,512,000 to €100,000 · Appointment: DEWIT Laurent (director) · General meeting of 27-12-20177 points ▸
  • Registered office clause, Woluwe-Saint-Lambert (1200Bruxelles), avenueAriane31
  • General meeting, 27-12-2017
  • Capital decrease, €1,412,000
  • Capital, €100,000, 1,000 shares
  • Director appointment, DEWIT Laurent
  • Power of attorney, StéphanieErnaelsteen
  • Power of attorney, CatherineLelong
  • The deed holds 2 more points.

Open the deed in the Belgian Official Gazette

2016
Annual accounts 2015 filed PDFfull format · 40 days before the deadline
2015
Back to profit net €1,355 The net result is €1,355, after one loss-making year.
2014
Annual accounts 2014 filed PDFfull format · 167 days before the deadline
Annual accounts 2013 filed PDFfull format · 1 day before the deadline
2013
Back to profit net €21,286 The net result is €21,286, after one loss-making year.
Annual accounts 2012 filed PDFfull format · 7 days late
2012
Equity above €1m equity €1.6m ▲700% Equity rises from €204,284 to €1.6m.
Annual accounts 2011 filed PDFfull format · 6 days before the deadline
2011
Liquidity more than 7 times current ratio 8.67 The current ratio rises from 1.15 to 8.67. Short-term debt falls from €1.0m to €26,650.
Equity above €200,000 equity €204,284 ▲64.3% After 3 profitable years in a row, equity reaches €204,284.
Annual accounts 2010 filed PDFfull format · 19 days before the deadline
2010
Annual accounts 2009 filed PDFfull format · 36 days before the deadline
2009
Back to profit net €152,872 The net result is €152,872, after 2 loss-making years.
Liquidity more than 6 times current ratio 6.66 The current ratio rises from 1.05 to 6.66. Short-term debt falls from €1.0m to €24,000.
Equity above €100,000 equity €115,941 Equity rises from -€36,930 to €115,941.
Annual accounts 2008 filed PDFfull format · 2 days before the deadline
2008
Weakest financial year net -€101,537 The net result drops to -€101,537, the lowest from 2007 to 2018.
Annual accounts 2007 filed PDFfull format · 41 days before the deadline
2007
Annual accounts 2006 filed PDFfull format · 14 days late
2006
Annual accounts 2005 filed PDFfull format
2005
Annual accounts 2004 filed PDFfull format
2004
Annual accounts 2003 filed PDFfull format
2003
Annual accounts 2002 filed PDFfull format
2002
Annual accounts 2001 filed PDFfull format
2001
Annual accounts 2000 filed PDFfull format
1999
Incorporation 23 publications in the Belgian Official Gazette, the last on 14-01-2020

Financial milestones sit on the financial year-end date, not the filing date.

Sources: Publications in the Belgian Official GazetteFilings with the National Bank

History

TITANIUM has filed 19 sets of annual accounts, the latest for financial year 2018.1 In 2019 the company was dissolved and its liquidation closed in a single deed.2

  1. 1National Bank, annual accounts 2018
  2. 2Belgian Official Gazette, 14-01-2020

Company details

Financial year and meetings according to the articles of association

Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
“........ CINQUIEME RESOLUTION L'assemblée décide de modifier la date de l'assemblée générale ordinaire et de fixer celle-ci au quinze juin à…”

Articles of association, deed of 30-01-2018 (in French)

Inactive

Dissolved and wound up on 30 December 2019

TITANIUM is no longer in the KBO register.

Status
Inactive
Reason
Dissolved and wound up in a single deedBelgian Official Gazette, 14 January 2020 · deed
Last annual accounts
financial year to 31 December 2018
Last registered office
Avenue Ariane 31, 1200 Woluwe-Saint-Lambertas published on 14 January 2020
Legal form
Public limited company
First annual accounts
financial year 2000
Official KBO record

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