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TP-PROJECTS

Inactive
KBO/BCE: BE 0840.392.855

TP-PROJECTS was declared bankrupt on 06-07-2022 (Ondernemingsrechtbank Antwerpen, afdeling Antwerpen); the bankruptcy was closed by liquidation by judgment of 29-04-2025, published in the Belgian Official Gazette on 08-05-2025.

Summary

Inactive; last annual accounts for financial year 2017.

TP-PROJECTSInactive

Overview

Activity
Activity not known
Size
€122,274total assets 2017
Equity
-€23,258
Profit
€1,634
Turnover not published (abbreviated or micro format)
Financial health
Inactive: no score
Structure
0 of 2 deeds read
SignalsneutralPrior bankruptcyNo filing for yearsFiled after the deadlineShow the evidence

Signals

Three signals.
neutral
neutral · Prior bankruptcy
Earlier bankruptcy on record in the Belgian Official Gazette, no current open procedure.
Belgian Official Gazette
neutral · No filing for years
The last filed financial year closed on 31-12-2017. Since then, 8 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 6 filings
Position against the passed deadline
31-12-2018 year end31-07-2019 deadline16-10-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2017 was due by 31-07-2018 and was filed on 27-09-2018, 58 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 6 filings
Deviation from the deadline
2020
not filed
2019
not filed
2018
not filed
2017
58 days late
2016
31 days late
2015
4 days late
2014
26 days late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 4 accounts on average 30 days after the deadline; the Belgian median for financial year 2020 is 1 day before the deadline, and 46% of all filings were late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Bankruptcy closure (by liquidation)Enterprise Court of Antwerp, Antwerp…
  2. OpeningEnterprise Court of Antwerp, Antwerp…
  3. Annual accounts filedfinancial year 2017 · micro…

Financials · financial year 2017, micro format

2017 annual accounts filed late (58 days) Filed on 27 September 2018, deadline 31 July 2018 (7 months after the close on 31 December 2017, Companies Code art. 3:10). Source: NBB, 2018-66600059.

Equity
-€23,258▲ 6.6%
2016 · -€24,892
Total assets
€122,274▼ 14.0%
2016 · €142,100
Net result
€1,634
2016 · -€2,724
Working capital
-€37,362▲ 8.4%
2016 · -€40,769
Trend over the years

2013 to 2017, 5 financial years 2013 to 2017, 5 financial years

After the dip in 2015 the operating result has climbed two years in a row; 2017 is 177% above 2016 and is the highest result in the available series.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€7,025 2017 Net result€1,634 2017

Use the arrow keys on the chart for the figures per year.

Every figure with its change against the financial year before
favourable unfavourable
Line20132014201520162017
Operating result€5,642-€2,454▼ 56.5%-€12,892€2,534€7,025▲ 177%
Net result-€1,603--€3,489▼ 118%-€16,528▼ 374%-€2,724▲ 83.5%€1,634
Equity-€2,151--€5,640▼ 162%-€22,168▼ 293%-€24,892▼ 12.3%-€23,258▲ 6.6%
Total assets€172,998-€150,779▼ 12.8%€142,341▼ 5.6%€142,100▼ 0.2%€122,274▼ 14.0%
Debt€175,149-€156,419▼ 10.7%€164,509▲ 5.2%€166,992▲ 1.5%€145,532▼ 12.9%
Working capital-€36,329--€27,497▲ 24.3%-€40,558▼ 47.5%-€40,769▼ 0.5%-€37,362▲ 8.4%
Turnover and EBIT margin not published: the abbreviated or micro format does not require them.
Balance-sheet composition
2017 in colour, 2016 as the grey bar beneath
Assets €122,274
Fixed assets €112,465 ▼ 9.8%
Current assets €9,809 ▼ 43.5%
Equity and liabilities
Equity-€23,258
Debt€145,532
Equity is negative: debt (€145,532) exceeds the balance-sheet total (€122,274).
Key figures and ratios
2017 value · change against 2016
EBITDA
€20,176▲
2016 · €15,817
Cash flow
€14,784▲
2016 · €10,558
Solvency
-19.0%▼
2016 · -17.5%
Current ratio
0.21▼
2016 · 0.30
ROA
1.3%▲
2016 · -1.9%
Debt ≤ 1 year
€47,170▼
2016 · €58,123
Debt > 1 year
€98,198▼
2016 · €108,706
Income taxes
€298
No debt to equity: equity is negative, so debt divided by equity means nothing.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2017 against 2016 · 22 lines
Balance sheet Code20162017
Assets
Total assets20/58€142,100€122,274▼
Fixed assets21/28€124,746€112,465▼
Tangible fixed assets22/27€124,746€112,465▼
Current assets29/58€17,354€9,809▼
Amounts receivable within one year40/41€1,947€9,809▲
Cash at bank and in hand54/58€15,166-
Equity and liabilities
Total equity and liabilities10/49€142,100€122,274▼
Equity10/15-€24,892-€23,258▲
Contributions10/11€6,200€6,200=
Profit (loss) carried forward14-€31,092-€29,458▲
Amounts payable17/49€166,992€145,532▼
Amounts payable after more than one year17€108,706€98,198▼
Amounts payable within one year42/48€58,123€47,170▼
Trade debts44€10,377€12,576▲
Income statement Code20162017
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€13,282€13,151▼
Gross operating margin9900€16,917€22,057▲
Operating profit (loss)9901€2,534€7,025▲
Recurring financial charges65€5,258€5,093▼
Profit (loss) for the period before taxes9903-€2,724€1,932▲
Income taxes67/77-€298
Profit (loss) for the period9904-€2,724€1,634▲
Profit (loss) for the period to be appropriated9905-€2,724€1,634▲
Line20132014201520162017Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€24,073€18,451€13,086€13,282€13,151▼ 1.0%
Gross operating margin9900€31,812€23,005€1,330€16,917€22,057▲ 30.4%
Operating profit (loss)9901€5,642€2,454-€12,892€2,534€7,025▲ 177%
Recurring financial charges65€6,338€5,859€6,636€5,258€5,093▼ 3.2%
Profit (loss) for the period before taxes9903-€696-€2,306-€16,528-€2,724€1,932-
Income taxes67/77€907€1,183€0-€298-
Profit (loss) for the period9904-€1,603-€3,489-€16,528-€2,724€1,634-
Profit (loss) for the period to be appropriated9905-€1,603-€3,489-€16,528-€2,724€1,634-
Line20132014201520162017Change
Assets
Total assets20/58€172,998€150,779€142,341€142,100€122,274▼ 14.0%
Fixed assets21/28€172,205€150,464€137,378€124,746€112,465▼ 9.8%
Tangible fixed assets22/27€172,205€150,464€137,378€124,746€112,465▼ 9.8%
Current assets29/58€793€316€4,963€17,354€9,809▼ 43.5%
Amounts receivable within one year40/41€784€55€4,155€1,947€9,809▲ 404%
Cash at bank and in hand54/58€10€21€808€15,166--
Equity and liabilities
Total equity and liabilities10/49€172,998€150,779€142,341€142,100€122,274▼ 14.0%
Equity10/15-€2,151-€5,640-€22,168-€24,892-€23,258▲ 6.6%
Contributions10/11€6,200€6,200€6,200€6,200€6,200=
Profit (loss) carried forward14-€8,351-€11,840-€28,368-€31,092-€29,458▲ 5.3%
Amounts payable17/49€175,149€156,419€164,509€166,992€145,532▼ 12.9%
Amounts payable after more than one year17€138,026€128,607€118,838€108,706€98,198▼ 9.7%
Amounts payable within one year42/48€37,122€27,812€45,521€58,123€47,170▼ 18.8%
Trade debts44€7,009€3,925€3,967€10,377€12,576▲ 21.2%
Line20132014201520162017Change
Profit (loss) for the period9904-€1,603-€3,489-€16,528-€2,724€1,634-
+ Depreciation and write-downs630€24,073€18,451€13,086€13,282€13,151▼ 1.0%
Operating cash flow (approximation)€22,470€14,963-€3,442€10,558€14,784▲ 40.0%
Investment in fixed assets (approximation)-€3,290€0-€651-€869▼ 33.6%
Change in cash-€11€787€14,358--

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (6)
Financial year Type Filed Reference
31-12-2017 micro format 27-09-2018 2018-66600059
31-12-2016 micro format 31-08-2017 2017-55900207
31-12-2015 abbreviated format 04-08-2016 2016-40300304
31-12-2014 abbreviated format 26-08-2015 2015-51000377
31-12-2013 abbreviated format 09-09-2014 2014-58200407
31-12-2012 abbreviated format 09-09-2014 2014-58200406

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.

Directors

Directors
No directors read yet: 0 of 2 Gazette acts processed. See the directors and other office holders in the KBO →

Insolvency mandates

1 mandate
Role Name Tenure
Trustee Pieter Mattheessens
Lange Lozanastraat 24, 2018 Antwerpen 1
06-07-2022 → 29-04-2025

Owners and capital

Owners

No owners or capital events in the accounts and acts we read.

History

Total assets went from €172,998 in 2013 to €122,274 in 2017.1 TP-PROJECTS was declared bankrupt on 6 July 2022; the bankruptcy was closed on 29 April 2025.23

  1. 1National Bank, annual accounts 2013 and 2017
  2. 2Belgian Official Gazette, 13-07-2022
  3. 3Belgian Official Gazette, 08-05-2025

Acts, filings and financial milestones

2025
08-05
Bankruptcy Bankruptcy closure (by liquidation)
Enterprise Court of Antwerp, Antwerp division · judgment of 29-04-2025
2022
13-07
Bankruptcy Opening
Enterprise Court of Antwerp, Antwerp division · judgment of 06-07-2022
2018
27-09
NBB filing Annual accounts filed
financial year 2017 · micro format · 58 days late
2017
31-12
Financial Back to profitnet €1,634
Net result €1,634 after 4 loss-making years.
31-08
NBB filing Annual accounts filed
financial year 2016 · micro format · 31 days late
2016
04-08
NBB filing Annual accounts filed
financial year 2015 · abbreviated format · 4 days late
2015
31-12
Financial Weakest financial yearnet -€16,528
Net result drops to -€16,528, the lowest in the series.
26-08
NBB filing Annual accounts filed
financial year 2014 · abbreviated format · 26 days late
2014
09-09
NBB filing Annual accounts filed
financial year 2013 · abbreviated format · 40 days late
09-09
NBB filing Annual accounts filed
financial year 2012 · abbreviated format · 405 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
0 of 2 deeds read
About the unread acts

We know of 2 Belgian Official Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.