Active BE 0876.666.994Private limited companyOpen bankruptcy

TREENITY SOLUTIONS

· 20 yrs active

Sector: NACE 59111 (59111)

Conclusion Checked

A bankruptcy procedure is open for TREENITY SOLUTIONS according to publications in the Belgian State Gazette. The file additionally contains 1 interim measure. The 2019 annual accounts show equity of €41k and a net result of €20k.

Based on the State Gazette, CBE and 1 annual account.

Key figures

Equity	€41k
Net result	€20k
Staff (FTE)	35.2
Active	20 yrs

Snowflake analysis 5 axes · computed by Checked

34 / 100

Fragile profile, watch health in particular.

Health 0

Profitability 100

Solvency 19

Growth 50

Stability 0

Bankruptcy probability (12 mo) Checked model v1 · free

Bankruptcy opened

A bankruptcy procedure is already open, a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.

Risk Assessment rule-based

55 / 100

High risk

Components

· 1 interim measure (+5)

· Open bankruptcy (+50)

Trust signals 1 signals

Open bankruptcy

Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.

Administrative Flags 0 events

No administrative flags

Health barometer FY 2019 · computed

0 / 100 Critical

050100

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Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative, not credit advice.

Financial overview10 NBB filings

Annual accounts filed on 08-05-2020 with the NBB · fiscal year 2019 · volledig

Highlight YoY changes (±10%)

Fiscal year	2019
Revenue	-
EBITDA	€73k
Net profit	€20k
Cash flow	€30k
Staff costs	-
Income taxes	-
Dividends	-
Total assets	€1.25M
Equity	€41k
Debt	€1.21M
of which ≤ 1y	€1.21M
of which > 1y	-
Working capital	€-46k
Employees (FTE)	35.2

Ratios (computed)

	2019
Current ratio	0.96
Quick ratio	0.96
Working capital ratio	-3.7%
Solvency	3.3%
Debt / equity	-
Long-term debt ratio	-
Interest coverage	-
Gross margin	-
Net margin	-
ROA	1.6%
ROE	49.8%
EBITDA margin	-
Days sales outstanding	-
Days payable outstanding	-
Inventory turnover	-
Days inventory (DSI)	-

Balance-sheet composition 2019

Assets

Fixed assets €87k · 7.0% Current assets €1.16M · 93.0%

Equity & liabilities

Equity €41k · 3.3% Debt €1.21M · 96.7%

Full annual accounts

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2019
Balance sheet, Assets
TOTAL ASSETS	20/58	€1.25M
Fixed assets	21/28	€87k
Intangible fixed assets	21	€81k
Tangible fixed assets	22/27	€5k
Financial fixed assets	28	€1k
Current assets	29/58	€1.16M
Amounts receivable within one year	40/41	€727k
Cash & bank	54/58	€128k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€1.25M
Equity	10/15	€41k
Contributions / capital	10/11	€19k
Reserves	13	€2k
Accumulated profits (losses)	14	€20k
Amounts payable	17/49	€1.21M
Amounts payable within one year	42/48	€1.21M
Trade debts payable within one year	44	€319k
Income statement
Gross operating margin	9900	€3.13M
Operating result	9901	€63k
Financial charges	65	€27k
Result before taxes	9903	€36k
Net result for the period	9904	€36k
Result to be appropriated	9905	€36k

Ratios computed by Checked.

Directors & mandates2 persons

Role	Name	Tenure	Source
Curator	JEROME HENRI AVENUE ROGER VANDEN- DRIESSCHE 18, 1150 BRUXELLES 15	25-01-2021 → present	Belgian State Gazette
Curator	ALAIN G. VANDAMME BOULEVARD BRAND WHIT- LOCK 106, 1200 BRUXELLES 20	14-07-2020 → present	Belgian State Gazette

Legal Structure

NACE primary	59111
Legal form	Private limited company(610)
Incorporation	13-10-2005
Status	Active
Postal code	-
First BS signal	27-07-2020
Latest BS signal	01-02-2021

Company structure, linked entities2 linked entities

Mandates

Establishment units 1 location

TREENITY DEVELOPMENT

Productie van bioscoopfilms

since 20062.151.022.906

Physical sites registered in the Crossroads Bank for Enterprises (CBE).

Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Brussels 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
21305C0327/00Y012 ProtectedMonument · Site or landscapeVeeartsenijschool van Kuregem en het park	Brussels	1.0 ha	1 · 2,081 m²	23.6 m · 7 fl.

Methodology

via registered seat: 1

1 of 1 parcels 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 (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).

Updates 14 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2021

01-02-2021

Bankruptcy Opening

Tribunal de l’entreprise francophone de Bruxelles · TREENITY SOLUTIONS SRL RUE BARA 173, 1070 ANDERLECHT · event 25-01-2021

2020

15-09-2020

Interim measure Omzetting naar faillissement

Tribunal de l’entreprise francophone de Bruxelles

01-09-2020

Bankruptcy Bankruptcy reversal

Tribunal de l’entreprise francophone de Bruxelles · SRL TREENITY SOLUTIONS RUE BARA 173-, 1070 ANDERLECHT. déclarée le 14 juillet 2020 · event 17-08-2020

27-07-2020

Bankruptcy Opening

Tribunal de l’entreprise francophone de Bruxelles · SRL TREENITY SOLUTIONS RUE BARA 173-, 1070 ANDERLECHT · event 14-07-2020

08-05-2020