TONICO
Open bankruptcyA bankruptcy procedure is open for TONICO according to publications in the Belgian State Gazette; curator: EMMELINE MARREYT.
Summary
The 2022 annual accounts show negative equity (-€24,725) and a net result of €22,406.
Are you a creditor?
Open bankruptcy
Source: Belgian Official Gazette
If this company owes you money, you are not paid automatically: you file your claim yourself, within the deadline the judgment sets.
The procedure
- Court
- Enterprise Court of Ghent, Ostend division
- Declared bankrupt
- 25 April 2024
- Supervising judge
- Jan Vercruysse
- Official Gazette
- 07-05-2024 (pdf) ↗search the document for 2024/118752
Deadlines
- Provisional date payments stopped
- 25 April 2024A later judgment can change the date.art. XX.105 CEL
- Appeal or third-party opposition until
- passed on 22 May 2024Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
- File the claim in RegSol until
- passed on 25 May 2024art. XX.104 and XX.155 CEL
- First verification report
- passed on 25 June 2024Goods that belong to you, such as those delivered under retention of title, are reclaimed before this day.art. XX.104 and XX.194 CEL
- Late claim until
- passed on 25 April 2025Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL
Curator
- Emmeline MarreytPrinsenlaan 2, 8400 Oostendeem@arionadvocaten.be
What to do now
- Do not deliver on credit any more without an agreement with the curator.
- Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
- File your proof of claim in RegSol (regsol.be), yourself with eID or itsme, or through your lawyer. State principal, interest and costs separately, and any preferential right you hold.
- Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
- Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
- Follow the file in RegSol: the verification report (admitted or disputed) and the curator's reports appear there.
The deadlines above come from the publication of the judgment. Check them in RegSol before you file anything; a passed deadline no longer applies.
File a claim in RegSol ↗
Watch
Follow this bankruptcy: you are alerted when it is closed or reversed.
General information, not legal advice. If in doubt, the curator, your lawyer or your accountant can help.Creditor guide for this company
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Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2022 was due by 31-10-2022 and was filed on 19-10-2022, 12 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not filed
2024
not filed
2023
not filed
2022
12 d early
2021
47 d early
2020
60 d early
2019
31 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 4 accounts on average 38 days before the deadline; the sector median for financial year 2024 is on the deadline day, and 46% of the sector filed late.
Checked, nothing found (1)
History
Go further with this company
Who ran this company, and where was it based, on a date before the end?Company as of a date Is the registered address a letterbox address or a business centre?Addresses Are there other customers at risk in your own list?List enrichment How is the Retail sale of clothing and accessories for women, men, children and babies (general range) sector doing?Sector figures
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2022, micro schema
Equity
-€24,725▲ 47.5%
2021 · -€47,131
Total assets
€339,665▲ 2,258%
2021 · €14,405
Net result
€22,406
2021 · -€83,543
Working capital
-€112,105▼ 136%
2021 · -€47,529
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line2019202020212022
Operating result-€54,559-€3,560-€82,475€23,293
Net result-€60,865-€606within the sector's middle half-€83,543below the sector's middle half€22,406above the sector's middle half
Equity€35,806-€36,412within the sector's middle half▲ 1.7%-€47,131below the sector's middle half-€24,725below the sector's middle half▲ 47.5%
Total assets€162,886-€104,088within the sector's middle half▼ 36.1%€14,405below the sector's middle half▼ 86.2%€339,665above the sector's middle half▲ 2,258%
Debt€127,080-€67,677▼ 46.7%€61,536▼ 9.1%€364,390▲ 492%
Working capital€11,740-€20,616▲ 75.6%-€47,529-€112,105▼ 136%
Solvency22.0%-35.0%within the sector's middle half▲ 13.0pp-327.2%below the sector's middle half▼ 362.2pp-7.3%below the sector's middle half▲ 319.9pp
Staff (FTE)1.5-1within the sector's middle half▼ 33.3%0.8▼ 20.0%
above
within
below
the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2022: €23,293 after a loss of €82,475 in 2021, the highest result in the available series.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €339,665
Fixed assets
€87,380 ▲ 21,861%
Current assets
€252,284 ▲ 1,701%
Key figures and ratios
EBITDA
€23,484▲
2021 · -€82,475
Cash flow
€22,597▲
2021 · -€83,543
Current ratio
0.69▲
2021 · 0.23
Quick ratio
0.09▼
2021 · 0.19
Debt to equity
-14.74
ROA
6.6%▲
2021 · -580.0%
Interest coverage
8.96
Debt ≤ 1 year
€364,390▲
2021 · €61,536
Income taxes
€0▼
2021 · €106
Staff costs
-€99
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | -€99 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €8,422 | €8,422 | €0 | €191 | - |
| Other operating charges640/8 | - | - | - | €7,259 | - |
| Non-recurring operating charges66A | - | - | - | €0 | - |
| Gross operating margin9900 | -€10,576 | €29,601 | -€51,711 | €30,644 | ▲ 159% |
| Operating profit (loss)9901 | -€54,559 | €3,560 | -€82,475 | €23,293 | ▲ 128% |
| Financial income75/76B | - | - | - | €1,734 | - |
| Recurring financial income75 | €531 | €389 | €133 | €1,734 | ▲ 1,199% |
| Financial charges65/66B | - | - | - | €2,620 | - |
| Recurring financial charges65 | €2,964 | €3,173 | €1,095 | €2,620 | ▲ 139% |
| Profit (loss) for the period before taxes9903 | -€60,749 | €776 | -€83,436 | €22,406 | ▲ 127% |
| Income taxes67/77 | €116 | €170 | €106 | €0 | ▼ 100% |
| Profit (loss) for the period9904 | -€60,865 | €606 | -€83,543 | €22,406 | ▲ 127% |
| Profit (loss) for the period to be appropriated9905 | -€60,865 | €606 | -€83,543 | €22,406 | ▲ 127% |
| Line | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €162,886 | €104,088 | €14,405 | €339,665 | ▲ 2,258% |
| Formation expenses20 | €0 | - | - | - | - |
| Fixed assets21/28 | €24,065 | €15,796 | €398 | €87,380 | ▲ 21,861% |
| Intangible fixed assets21 | €0 | - | - | - | - |
| Tangible fixed assets22/27 | €20,261 | €11,839 | €0 | €86,983 | - |
| Plant, machinery and equipment23 | - | - | - | €86,983 | - |
| Financial fixed assets28 | €3,804 | €3,956 | €398 | €397 | ▼ 0.3% |
| Current assets29/58 | €138,821 | €88,293 | €14,007 | €252,284 | ▲ 1,701% |
| Stocks and contracts in progress3 | €127,010 | €79,706 | €2,021 | €220,582 | ▲ 10,812% |
| Stocks30/36 | - | - | - | €220,582 | - |
| Amounts receivable within one year40/41 | €0 | €2,988 | €6,164 | €18,840 | ▲ 206% |
| Trade receivables40 | - | - | - | €12,811 | - |
| Other amounts receivable41 | - | - | - | €6,028 | - |
| Current investments50/53 | €0 | - | - | - | - |
| Cash at bank and in hand54/58 | €8,891 | €2,231 | €5,821 | €12,863 | ▲ 121% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €162,886 | €104,088 | €14,405 | €339,665 | ▲ 2,258% |
| Equity10/15 | €35,806 | €36,412 | -€47,131 | -€24,725 | ▲ 47.5% |
| Contributions10/11 | €68,171 | €68,171 | €0 | €68,171 | - |
| Outside capital11 | - | - | - | €68,171 | - |
| Other1109/19 | - | - | - | €68,171 | - |
| Reserves13 | €8,057 | €8,057 | €8,057 | €8,057 | = |
| Non-distributable reserves130/1 | - | - | - | €8,057 | - |
| Reserves not available under the articles1311 | - | - | - | €8,057 | - |
| Profit (loss) carried forward14 | -€40,422 | -€39,816 | -€123,359 | -€100,952 | ▲ 18.2% |
| Provisions and deferred taxes16 | €0 | - | - | - | - |
| Amounts payable17/49 | €127,080 | €67,677 | €61,536 | €364,390 | ▲ 492% |
| Amounts payable after more than one year17 | €0 | - | - | - | - |
| Amounts payable within one year42/48 | €127,080 | €67,677 | €61,536 | €364,390 | ▲ 492% |
| Financial debts43 | - | - | - | €70,550 | - |
| Credit institutions430/8 | - | - | - | €70,550 | - |
| Trade debts44 | €62,888 | €5,244 | €46,531 | €213,088 | ▲ 358% |
| Suppliers440/4 | - | - | - | €213,088 | - |
| Advances received on contracts in progress46 | - | - | - | €5,402 | - |
| Taxes, remuneration and social security45 | - | - | - | €5 | - |
| Taxes450/3 | - | - | - | €5 | - |
| Other amounts payable47/48 | - | - | - | €75,344 | - |
| Line | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€60,865 | €606 | -€83,543 | €22,406 | ▲ 127% |
| + Depreciation and write-downs630 | €8,422 | €8,422 | €0 | €191 | - |
| Operating cash flow (approximation) | -€52,443 | €9,028 | -€83,543 | €22,597 | ▲ 127% |
| Investment in fixed assets (approximation) | - | -€152 | €15,398 | -€87,173 | ▼ 666% |
| Change in cash | - | -€6,660 | €3,590 | €7,042 | ▲ 96.2% |
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
07-05
Bankruptcy
Opening
Ondernemingsrechtbank Gent, afdeling Oostende · event 25-04-2024
2022
19-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
31-03
Financial
Back to profitnet €22,406
Net result €22,406 after one loss-making year.
2021
14-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
31-03
Financial
Weakest financial yearnet -€83,543
Net result drops to -€83,543, the lowest in the series.
2020
01-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
31-03
Financial
Back to profitnet €606
Net result €606 after one loss-making year.
2019
30-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
19-09
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2016
20-09
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2015
01-10
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
29-05
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema · 210 days late
2013
29-11
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema · 29 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 11 acts read
About the unread acts
We know of 11 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
11 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, Oostende · 1 establishment unit since 1997
Ground area
92 m²
Building footprint
82 m²
Volume, LiDAR
1,154 m³
Parcel 35013A0127/00H000, Flanders · tallest building 20.4 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
TUTTI CONFETTI
since 19972.066.957.459
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 35013A0127/00H000 | Flanders | 92 m² | 1 · 82 m² | 20.4 m · 5 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage: expect extra rules on renovation or sale.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | EMMELINE MARREYT PRINSENLAAN 2,
8400 OOSTENDE |
25-04-2024 → present |
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Of 6,495 companies in sector 47716 we hold annual accounts for 2,439. 1,784 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded06-05-1994
Fiscal year end31-03
Activities, NACEBEL 2025
47716Retail sale of clothing and accessories for women, men, children and babies (general range)
E-invoicing
Reachable via Peppol
Peppol ID
0208:0452646441
Also
9925:BE0452646441
Registered
19-12-2025
The company is no longer active; its Peppol card can remain until its access point withdraws it.
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.