TIVATRA
Open bankruptcyInactive; last annual accounts for fiscal year 2021.
Summary
A bankruptcy procedure is open for TIVATRA according to publications in the Belgian State Gazette.
Signals
Three 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 31-12-2022, 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 · 2 filingsPosition against the passed deadline
31-12-2022 close31-07-2023 deadline25-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2021 was due by 31-07-2022 and was filed on 29-07-2022, 2 days ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
2 d early
2020
19 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2021, micro schema
Equity
€-2k
2020 · €7k
2020: €7k
2021: €-2k▼ -134% vs 2020
2020 → 2021
Total assets
€317▼ 99.3%
2020 · €43k
2020: €43k
2021: €317▼ -99.3% vs 2020
2020 → 2021
Net result
€-9k
2020 · €2k
2020: €2k
2021: €-9k▼ -599% vs 2020
2020 → 2021
Working capital
€-2k
2020 · €3k
2020: €3k
2021: €-2k▼ -156% vs 2020
2020 → 2021
Trend over the years
Multi-year overview
Available amounts per fiscal year
Line20202021Trend
Equity€7k-€-2k
2020: €7k
2021: €-2k▼ -134% vs 2020
Operating result€7k-€-9k
2020: €7k
2021: €-9k▼ -227% vs 2020
Net result€2k-€-9k
2020: €2k
2021: €-9k▼ -599% vs 2020
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2021: a loss of €9k after €7k in 2020.
Key figures and ratios
Debt
€3k▼
2020 · €36k
Debt ≤ 1 year
€2k▼
2020 · €32k
Ratios withheld: a balance sheet total of €317 is too small for a meaningful ratio.
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 · 2021 against 2020 · 34 lines
Balance sheet
Code20202021
Assets
Total assets20/58€43k€317▼
Fixed assets21/28€7k-
Tangible fixed assets22/27€7k-
Current assets29/58€36k€317▼
Amounts receivable within one year40/41€21k€201▼
Other amounts receivable41-€201
Cash at bank and in hand54/58€14k€117▼
Equity and liabilities
Total equity and liabilities10/49€43k€317▼
Equity10/15€7k€-2k▼
Contributions10/11-€5k
Reserves13€2k€2k=
Distributable reserves133-€2k
Profit (loss) carried forward14-€-9k
Amounts payable17/49€36k€3k▼
Amounts payable after more than one year17€3k-
Amounts payable within one year42/48€32k€2k▼
Trade debts44€11-
Taxes, remuneration and social security45-€507
Taxes450/3-€507
Other amounts payable47/48-€2k
Accrued charges and deferred income492/3-€500
Income statement
Code20202021
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€706-
Other operating charges640/8-€561
Non-recurring operating charges66A-€3k
Gross operating margin9900€28k€-5k▼
Operating profit (loss)9901€7k€-9k▼
Recurring financial income75€0-
Financial charges65/66B-€206
Recurring financial charges65€5k€206▼
Profit (loss) for the period before taxes9903€2k€-9k▼
Income taxes67/77€507-
Profit (loss) for the period9904€2k€-9k▼
Profit (loss) for the period to be appropriated9905€2k€-9k▼
Appropriation of the result
Profit (loss) to be appropriated9906-€-9k
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2020 | 2021 | Change |
|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €706 | - | - |
| Other operating charges640/8 | - | €561 | - |
| Non-recurring operating charges66A | - | €3k | - |
| Gross operating margin9900 | €28k | €-5k | ▼ 119% |
| Operating profit (loss)9901 | €7k | €-9k | ▼ 227% |
| Recurring financial income75 | €0 | - | - |
| Financial charges65/66B | - | €206 | - |
| Recurring financial charges65 | €5k | €206 | ▼ 95.6% |
| Profit (loss) for the period before taxes9903 | €2k | €-9k | ▼ 491% |
| Income taxes67/77 | €507 | - | - |
| Profit (loss) for the period9904 | €2k | €-9k | ▼ 599% |
| Profit (loss) for the period to be appropriated9905 | €2k | €-9k | ▼ 599% |
| Line | 2020 | 2021 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €43k | €317 | ▼ 99.3% |
| Fixed assets21/28 | €7k | - | - |
| Tangible fixed assets22/27 | €7k | - | - |
| Current assets29/58 | €36k | €317 | ▼ 99.1% |
| Amounts receivable within one year40/41 | €21k | €201 | ▼ 99.0% |
| Other amounts receivable41 | - | €201 | - |
| Cash at bank and in hand54/58 | €14k | €117 | ▼ 99.2% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €43k | €317 | ▼ 99.3% |
| Equity10/15 | €7k | €-2k | ▼ 134% |
| Contributions10/11 | - | €5k | - |
| Reserves13 | €2k | €2k | = |
| Distributable reserves133 | - | €2k | - |
| Profit (loss) carried forward14 | - | €-9k | - |
| Amounts payable17/49 | €36k | €3k | ▼ 92.6% |
| Amounts payable after more than one year17 | €3k | - | - |
| Amounts payable within one year42/48 | €32k | €2k | ▼ 93.3% |
| Trade debts44 | €11 | - | - |
| Taxes, remuneration and social security45 | - | €507 | - |
| Taxes450/3 | - | €507 | - |
| Other amounts payable47/48 | - | €2k | - |
| Accrued charges and deferred income492/3 | - | €500 | - |
| Line | 2020 | 2021 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €2k | €-9k | ▼ 599% |
| + Depreciation and write-downs630 | €706 | - | - |
| Operating cash flow (approximation) | €3k | €-9k | ▼ 460% |
| Change in cash | - | €-14k | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2024
28-05
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Tongeren · event 16-05-2024
2022
29-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
12-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
SignalNBB filing
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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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
Insolvency mandates
3 mandates| Role | Name | Tenure |
|---|---|---|
| Curator | XAVIER GIELEN Van Dijcklaan 15, 3500 HASSELT- |
16-05-2024 → present |
| Curator | FREDERIKA VANSWYGENHOVEN VAN DIJCK-
LAAN 15, 3500 HASSELT |
16-05-2024 → present |
| Curator | DOMINIC
GIELEN VAN DIJCKLAAN 15, 3500 HASSELT- |
16-05-2024 → present |