TOFAHA
InactiveTOFAHA was declared bankrupt on 21-09-2021 (Ondernemingsrechtbank Gent, afdeling Gent); the bankruptcy was closed for insufficient assets by judgment of 06-05-2025, published in the Belgian State Gazette on 13-05-2025.
Summary
Inactive; last annual accounts for fiscal year 2018.
Signals
Three signals. The signal on the left, the evidence on the right.
○neutral
neutral · No filing for years
The last filed financial year closed on 31-12-2018. Since then, 7 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 10 filingsPosition against the passed deadline
31-12-2019 close31-07-2020 deadline26-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2018 was due by 31-07-2019 and was filed on 30-09-2019, 61 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 · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
not filed
2019
not filed
← before the deadline
after the deadline →
tick = median of all Belgian filings
The Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (1)
History
Financials · fiscal year 2018, micro schema
Equity
-€36,364
Total assets
€378,481
Net result
-€99,440
Working capital
-€215,671
Turnover and EBIT margin not published: the micro schema does not require them.
Balance-sheet composition
Assets €378,481
Fixed assets
€302,132
Current assets
€76,349
Key figures and ratios
EBITDA
-€14,775
Cash flow
-€38,091
Solvency
-9.6%
Current ratio
0.26
Quick ratio
0.24
Debt to equity
-3.30
ROA
-26.3%
Debt
€414,845
Debt ≤ 1 year
€292,020
Debt > 1 year
€119,995
Income taxes
€24,219
Annual accounts
| Line | 2018 |
|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €61,350 |
| Gross operating margin9900 | €279,171 |
| Operating profit (loss)9901 | -€76,124 |
| Recurring financial income75 | €4,542 |
| Recurring financial charges65 | €3,639 |
| Profit (loss) for the period before taxes9903 | -€75,222 |
| Income taxes67/77 | €24,219 |
| Profit (loss) for the period9904 | -€99,440 |
| Profit (loss) for the period to be appropriated9905 | -€99,440 |
| Line | 2018 | |
|---|---|---|
| Assets | ||
| Total assets20/58 | €378,481 | |
| Fixed assets21/28 | €302,132 | |
| Tangible fixed assets22/27 | €298,533 | |
| Financial fixed assets28 | €3,599 | |
| Current assets29/58 | €76,349 | |
| Stocks and contracts in progress3 | €7,250 | |
| Amounts receivable within one year40/41 | €40,487 | |
| Cash at bank and in hand54/58 | €25,417 | |
| Equity and liabilities | ||
| Total equity and liabilities10/49 | €378,481 | |
| Equity10/15 | -€36,364 | |
| Contributions10/11 | €8,500 | |
| Reserves13 | €1,860 | |
| Profit (loss) carried forward14 | -€46,724 | |
| Amounts payable17/49 | €414,845 | |
| Amounts payable after more than one year17 | €119,995 | |
| Amounts payable within one year42/48 | €292,020 | |
| Trade debts44 | €95,183 | |
| Line | 2018 |
|---|---|
| Profit (loss) for the period9904 | -€99,440 |
| + Depreciation and write-downs630 | €61,350 |
| Operating cash flow (approximation) | -€38,091 |
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
2025
13-05
Bankruptcy
Bankruptcy closure (insufficient assets)
Ondernemingsrechtbank Gent, afdeling Gent · event 06-05-2025
2021
27-09
Bankruptcy
Opening
Ondernemingsrechtbank Gent, afdeling Gent · event 21-09-2021
2019
30-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 61 days late
2018
27-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 58 days late
2017
16-10
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 77 days late
2016
25-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 25 days late
2015
31-08
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema · 31 days late
2014
31-08
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema · 31 days late
2013
26-10
NBB filing
Annual accounts filed
fiscal year 2012 · abbreviated schema · 87 days late
2012
14-08
NBB filing
Annual accounts filed
fiscal year 2011 · abbreviated schema · 14 days late
2011
28-06
NBB filing
Annual accounts filed
fiscal year 2010 · abbreviated schema
2010
28-05
NBB filing
Annual accounts filed
fiscal year 2009 · abbreviated schema
SignalNBB filing
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
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | HANS DE MEYER COUPURE 373, 9000 GENT- |
21-09-2021 → 06-05-2025 |