TOMORROW GROUP
Open bankruptcySummary
A bankruptcy procedure is open for TOMORROW GROUP according to publications in the Belgian State Gazette. The 2022 annual accounts show equity of €12k and a net result of €32k.
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 31-08-2023, 31 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 · 4 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
31 d late
2021
31 d late
2020
61 d late
2019
21 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2022, micro schema
Equity
€12k
2021 · €-20k
2019: €-17k
2020: €-19k
2021: €-20k
2019 → 2022
Total assets
€74k▲ 155%
2021 · €29k
2019: €48k
2020: €67k
2021: €29k
2019 → 2022
Net result
€32k
2021 · €-922
2019: €-29k
2020: €-3k
2021: €-922
2019 → 2022
Working capital
€-2k▲ 94.9%
2021 · €-42k
2019: €-53k
2020: €-51k
2021: €-42k
2019 → 2022
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2019202020212022Trend
Equity€-17k-€-19k▼ 15.7%€-20k▼ 4.8%€12k
Operating result€-51k-€-669▲ 98.7%€508€35k▲ 6,778%
Net result€-29k-€-3k▲ 91.0%€-922▲ 64.4%€32k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen three years in a row; 2022 is 6,778% above 2021 and is the highest result in the available series.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €74k
Fixed assets
€15k ▼ 33.3%
Current assets
€60k ▲ 705%
Equity and liabilities €74k
Equity
€12k
Debt
€62k
Debt finances 83.4% of the balance-sheet total.
Key figures and ratios
EBITDA
€44k▲
2021 · €11k
Cash flow
€42k▲
2021 · €10k
Current ratio
0.97▲
2021 · 0.15
Quick ratio
0.08▼
2021 · 0.15
Debt to equity
5.01▲
2021 · -2.46
ROE
261.8%
ROA
43.6%▲
2021 · -3.2%
Interest coverage
17.80▲
2021 · 7.99
Debt ≤ 1 year
€62k▲
2021 · €49k
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 · 2022 against 2021 · 39 lines
Balance sheet
Code20212022
Assets
Total assets20/58€29k€74k▲
Fixed assets21/28€22k€15k▼
Tangible fixed assets22/27€20k€13k▼
Plant, machinery and equipment23€11k€8k▼
Furniture and vehicles24€9k€4k▼
Financial fixed assets28€2k€2k=
Current assets29/58€7k€60k▲
Stocks and contracts in progress3-€55k
Stocks30/36-€55k
Amounts receivable within one year40/41€7k€3k▼
Trade receivables40€156€58▼
Other amounts receivable41€7k€3k▼
Cash at bank and in hand54/58€41€465▲
Deferred charges and accrued income490/1€592€1k▲
Equity and liabilities
Total equity and liabilities10/49€29k€74k▲
Equity10/15€-20k€12k▲
Contributions10/11€12k€12k=
Profit (loss) carried forward14€-32k€-1▲
Amounts payable17/49€49k€62k▲
Amounts payable within one year42/48€49k€62k▲
Financial debts43€7k€7k▲
Credit institutions430/8€7k€7k▲
Trade debts44€837€9k▲
Suppliers440/4€837€9k▲
Taxes, remuneration and social security45€4k€4k▲
Taxes450/3€4k€4k▲
Other amounts payable47/48€37k€42k▲
Income statement
Code20212022
Remuneration, social security and pensions62€271-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11k€9k▼
Other operating charges640/8€2k€5k▲
Gross operating margin9900€14k€49k▲
Operating profit (loss)9901€508€35k▲
Financial charges65/66B€1k€2k▲
Recurring financial charges65€1k€2k▲
Profit (loss) for the period before taxes9903€-922€32k▲
Profit (loss) for the period9904€-922€32k▲
Profit (loss) for the period to be appropriated9905€-922€32k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-32k€-1▲
Profit (loss) brought forward from the previous period14P€-32k€-32k▼
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
24-01
Bankruptcy
Opening
Tribunal de l’entreprise de Liège, division Liège · TOMORROW GROUP SPRL RUE ZENOBE GRAMME 25, 4280 HANNUT · event 20-01-2025
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
31-12
Financial
Back to profitnet €32k
Net result €32k after 3 loss-making years.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
30-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 61 days late
2020
10-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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
Registered office, Hannut · 1 establishment unit since 2018
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.
Rue Zénobe Gramme 254280 HannutGround area
266 m²
Building footprint
95 m²
Parcel 64034B0908/00C000, Wallonia. Linked by address, not a title deed.
1 establishment unit
Beach Bar
since 20182.279.584.825
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 64034B0908/00C000 | Wallonia | 266 m² | 1 · 95 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Insolvency mandates
2 mandates| Role | Name | Tenure |
|---|---|---|
| Curator | CHARLOTTE MUSCH RUE DES ECOLIERS 3,
4020 LIEGE 2 |
20-01-2025 → present |
| Curator | FRANCOIS ANCION RUE DES
ECOLIERS 3, 4020 LIEGE 2 |
20-01-2025 → present |
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Of 14,018 companies in sector 56301 we hold annual accounts for 4,891. 3,701 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded23-08-2018
Fiscal year end31-12
Activities, NACEBEL 2025
56301Cafés and bars
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.