TK BELGIUM
InactiveTK BELGIUM was declared bankrupt on 25-07-2023 (Ondernemingsrechtbank Brussel); the bankruptcy was closed by liquidation by judgment of 17-03-2026, published in the Belgian State Gazette on 25-03-2026.
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 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 · 9 filingsPosition against the passed deadline
31-12-2022 close31-07-2023 deadline20-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2021 was due by 31-07-2022 and was filed on 28-09-2022, 59 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 9 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
59 d late
2020
89 d late
2019
112 d late
← before the deadline
after the deadline →
Financials · fiscal year 2021, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-29k▲ 91.8%
2020 · €-355k
2019: €-97k
2019: €-73k
2020: €-355k
2019 → 2021
Working capital
€-679k▼ 4.6%
2020 · €-650k
2019: €-194k
2019: €-280k
2020: €-650k
2019 → 2021
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2019201920202021Trend
Equity€-210k-€-283k▼ 34.9%€-638k▼ 125%€-667k▼ 4.6%
Operating result€-97k-€-71k▲ 26.3%€-411k▼ 477%€-30k▲ 92.8%
Net result€-97k-€-73k▲ 24.8%€-355k▼ 385%€-29k▲ 91.8%
Result per fiscal year
Operating resultNet result
Multiple fiscal year ends fall in the same calendar year; an annual trend is not displayed.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €323k
Fixed assets
€12k▲ 4.5%
Current assets
€311k▲ 12.7%
Key figures and ratios
Solvency
-206.7%▲
2020 · -222.1%
Current ratio
0.31▲
2020 · 0.30
Quick ratio
0.23▲
2020 · 0.20
Debt / equity
-1.48
ROA
-9.0%▲
2020 · -123.5%
Debt
€990k▲
2020 · €926k
Debt ≤ 1 year
€990k▲
2020 · €926k
Income taxes
€-7k
Staff costs
€190k
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€287k€323k▲
Fixed assets21/28€12k€12k▲
Financial fixed assets28€12k€12k▲
Current assets29/58€276k€311k▲
Stocks and contracts in progress3€95k€87k▼
Stocks30/36-€87k
Amounts receivable within one year40/41€112k€118k▲
Trade receivables40-€39k
Other amounts receivable41-€79k
Cash at bank and in hand54/58€69k€79k▲
Deferred charges and accrued income490/1-€27k
Equity and liabilities
Total equity and liabilities10/49€287k€323k▲
Equity10/15€-638k€-667k▼
Contributions10/11€30k€30k=
Reserves13€18k€18k=
Non-distributable reserves130/1-€3k
Reserves not available under the articles1311-€3k
Tax-exempt reserves132-€15k
Profit (loss) carried forward14€-686k€-715k▼
Amounts payable17/49€926k€990k▲
Amounts payable within one year42/48€926k€990k▲
Trade debts44€737k€841k▲
Suppliers440/4-€841k
Taxes, remuneration and social security45-€54k
Taxes450/3-€31k
Remuneration and social security454/9-€23k
Other amounts payable47/48-€94k
Income statement
Code20202021
Remuneration, social security and pensions62-€190k
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€12k
Other operating charges640/8-€24k
Gross operating margin9900€-184k€196k▲
Operating profit (loss)9901€-411k€-30k▲
Financial income75/76B-€0
Recurring financial income75€4k€0▼
Financial charges65/66B-€6k
Recurring financial charges65€12k€6k▼
Profit (loss) for the period before taxes9903€-355k€-36k▲
Income taxes67/77-€-7k
Profit (loss) for the period9904€-355k€-29k▲
Profit (loss) for the period to be appropriated9905€-355k€-29k▲
Appropriation of the result
Profit (loss) to be appropriated9906-€-715k
Profit (loss) brought forward from the previous period14P-€-686k
Social balance
Average headcount (FTE)9087-6.4
The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
25-03
Bankruptcy
Bankruptcy closure (by liquidation)
Ondernemingsrechtbank Brussel · TK BELGIUM BV LOUIZALAAN 343, 1050 KM AMSTERDAM NEDERLAND · event 17-03-2026
2023
01-08
Bankruptcy
Opening
Ondernemingsrechtbank Brussel · TK BELGIUM BV LOUIZA- LAAN 343, 1050 KM AMSTERDAM NEDERLAND · event 25-07-2023
2022
28-09
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 59 days late
2021
28-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 89 days late
2020
31-12
Financial
Weakest financial yearnet €-355k
Net result drops to €-355k, the lowest in the series.
20-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 112 days late
2018
25-05
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2017
27-10
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2016
30-11
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 30 days late
2015
01-10
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
2014
24-10
NBB filing
Annual accounts filed
fiscal year 2014 · full schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 8 acts read
About the unread acts
We know of 8 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
8 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 | PATRICK SCHRUERS LUCHTHAVENLAAN 27 BUS 38,
1800 VILVOORDE |
25-07-2023 → present |