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TONE

Inactive
KBO/BCE: BE 0887.976.701

TONE was declared bankrupt on 19-05-2022 (Ondernemingsrechtbank Antwerpen, afdeling Antwerpen); the bankruptcy was closed for insufficient assets by judgment of 12-09-2023, published in the Belgian State Gazette on 19-09-2023.

Summary

Inactive; last annual accounts for fiscal year 2021.

Signals

Three signals. The signal on the left, the evidence on the right.
+raises riskneutral
neutral · Prior bankruptcy
Earlier bankruptcy on record in the Belgian State Gazette, no current open procedure.
Belgian State Gazette
raises risk · Two or more financial years not filed
Since the financial year that closed on 30-09-2022, 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 · 10 filings
Position against the passed deadline
30-09-2022 close30-04-2023 deadline24-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2021 was due by 30-04-2022 and was filed on 29-03-2022, 32 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not filed
2024
not filed
2023
not filed
2022
not filed
2021
32 d early
2020
16 d early
2019
16 d early
← before the deadline after the deadline →
Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2021, micro schema

Equity
€2k▼ 27.0%
2020 · €3k
2018: €-6k 2019: €-5k 2020: €3k
2018 → 2021
Total assets
€15k▲ 16.6%
2020 · €13k
2018: €16k 2019: €10k 2020: €13k
2018 → 2021
Net result
€-808
2020 · €8k
2018: €-14k 2019: €2k 2020: €8k
2018 → 2021
Working capital
€2k▼ 9.8%
2020 · €2k
2018: €-15k 2019: €-6k 2020: €2k
2018 → 2021
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line2018201920202021Trend
Equity€-6k-€-5k▲ 26.5%€3k€2k▼ 27.0%
Operating result€-12k-€7k€10k▲ 44.2%€877▼ 90.9%
Net result€-14k-€2k€8k▲ 359%€-808
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-20k€-10k€0€10kOperating result 2018: €-12k€-12kNet result 2018: €-14k€-14kOperating result 2019: €7k€7kNet result 2019: €2k€2kOperating result 2020: €10k€10kNet result 2020: €8k€8kOperating result 2021: €877€877Net result 2021: €-808€-8082018201920202021€-5k€0€5k€10kOperating result 2019: €7k€6.7kNet result 2019: €2k€1.6kOperating result 2020: €10k€9.7kNet result 2020: €8k€7.6kOperating result 2021: €877€877Net result 2021: €-808€-808201920202021
The operating result falls in 2021; 2021 is 91% below 2020.
Balance-sheet composition
2021 in colour, 2020 as the grey bar beneath
Assets €15k
Fixed assets €658 ▼ 40.8%
Current assets €14k ▲ 22.2%
Equity and liabilities €15k
Equity €2k ▼ 27.0%
Debt €13k ▲ 30.2%
Debt's share of the balance-sheet total rises from 76.3% to 85.2%. Equity is lower and debt is higher.
Key figures and ratios
2021 value · change against 2020
EBITDA
€1k
2020 · €10k
Cash flow
€-354
2020 · €8k
Current ratio
1.14
2020 · 1.20
Quick ratio
1.07
2020 · 1.11
ROE
-37.0%
2020 · 252.5%
ROA
-5.5%
2020 · 59.7%
Debt ≤ 1 year
€12k
2020 · €10k
Income taxes
€188
2020 · €555
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 · 23 lines
Balance sheet Code20202021
Assets
Total assets20/58€13k€15k
Fixed assets21/28€1k€658
Tangible fixed assets22/27€1k€658
Current assets29/58€12k€14k
Stocks and contracts in progress3€929€899
Amounts receivable within one year40/41€631€1k
Cash at bank and in hand54/58€10k€11k
Equity and liabilities
Total equity and liabilities10/49€13k€15k
Equity10/15€3k€2k
Reserves13€2k€2k=
Profit (loss) carried forward14€-17k€-18k
Amounts payable17/49€10k€13k
Amounts payable within one year42/48€10k€12k
Trade debts44€2k€1k
Income statement Code20202021
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€513€454
Gross operating margin9900€17k€4k
Operating profit (loss)9901€10k€877
Recurring financial income75€3-
Recurring financial charges65€2k€1k
Profit (loss) for the period before taxes9903€8k€-620
Income taxes67/77€555€188
Profit (loss) for the period9904€8k€-808
Profit (loss) for the period to be appropriated9905€8k€-808

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Timeline · acts, filings and financial milestones

2023
19-09
Bankruptcy Bankruptcy closure (insufficient assets)
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · TONE BVBA MECHELSESTEENWEG 107, 2540 HOVE · event 12-09-2023
2022
30-05
Bankruptcy Opening
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · TONE BVBA MECHELSE- STEENWEG 107, 2540 HOVE · event 19-05-2022
29-03
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
14-04
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
30-09
Financial Highest result since 2018net €8k ▲359%
Operating result €10k, net result €8k, both a record.
30-09
Financial Liquidity doublescurrent ratio 1.20
Current ratio from 0.59 to 1.20; short-term debt falls from €14k to €10k.
14-04
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
30-09
Financial Back to profitnet €2k
Net result €2k after one loss-making year.
29-03
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
30-03
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
31-03
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
30-03
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema
Show earlier events
2015
30-03
NBB filing Annual accounts filed
fiscal year 2014 · abbreviated schema
2014
31-03
NBB filing Annual accounts filed
fiscal year 2013 · abbreviated schema
2013
29-03
NBB filing Annual accounts filed
fiscal year 2012 · abbreviated schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
4 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 LIESBET JACOBS
POPULIERENLAAN 43, 2630 AARTSE- LAAR
19-05-202212-09-2023