TSAAR ACADEMY
A bankruptcy procedure is open for TSAAR ACADEMY according to publications in the Belgian State Gazette. The 2024 annual accounts show equity of €5k and a net result of €-29k.
| Equity | €5k |
| Net result | €-29k |
| Staff (FTE) | 1.4 |
| Better than sector | 14% |
Fragile profile, watch health in particular.
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.
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See plans →| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 3.6% | 53.8% | |
| Net result | €-29k | €18k | |
| Equity | €5k | €40k | |
| Gross operating margin | €31k | €36k | |
| Staff costs | €46k | €22k |
| Fiscal year | 2024 |
|---|---|
| Revenue | - |
| EBITDA | €-15k |
| Net profit | €-29k |
| Cash flow | €-18k |
| Staff costs | €46k |
| Income taxes | - |
| Dividends | - |
| Total assets | €127k |
| Equity | €5k |
| Debt | €122k |
| of which ≤ 1y | €47k |
| of which > 1y | €75k |
| Working capital | €-3k |
| Employees (FTE) | 1.4 |
| 2024 | |
|---|---|
| Current ratio | 0.95 |
| Quick ratio | 0.95 |
| Working capital ratio | -2.0% |
| Solvency | 3.6% |
| Debt / equity | 26.43 |
| Long-term debt ratio | 16.18 |
| Interest coverage | -5.39 |
| Gross margin | - |
| Net margin | - |
| ROA | -22.7% |
| ROE | -623.8% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €127k |
| Fixed assets | 21/28 | €82k |
| Intangible fixed assets | 21 | €44k |
| Tangible fixed assets | 22/27 | €38k |
| Current assets | 29/58 | €45k |
| Amounts receivable within one year | 40/41 | €41k |
| Cash & bank | 54/58 | €4k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €127k |
| Equity | 10/15 | €5k |
| Contributions / capital | 10/11 | €5k |
| Reserves | 13 | €29k |
| Accumulated profits (losses) | 14 | €-29k |
| Amounts payable | 17/49 | €122k |
| Amounts payable after one year | 17 | €75k |
| Amounts payable within one year | 42/48 | €47k |
| Trade debts payable within one year | 44 | €30k |
| Income statement | ||
| Gross operating margin | 9900 | €31k |
| Operating result | 9901 | €-26k |
| Financial income | 75 | €0 |
| Financial charges | 65 | €3k |
| Result before taxes | 9903 | €-29k |
| Net result for the period | 9904 | €-29k |
| Result to be appropriated | 9905 | €-29k |
-
Current28-09-2025 → present
Former directors (2)
-
DohodLegal entityDirector· perm. rep.: GNIDENKO Nikolai NikolaevichState Gazette act 25142473 (07-11-2025)Former- → 28-09-2025
-
Former- → 28-09-2025
| Role | Name | Tenure | Source |
|---|---|---|---|
| Curator | PIETER WAUMAN VIJFSTRATEN 57, 9100 SINT-
NIKLAAS |
06-07-2026 → present | Belgian State Gazette |
| NACE primary | 82100 |
| Legal form | Private limited company(610) |
| Incorporation | 01-08-2022 |
| Status | Active |
| Postal code | 9150 |
| First BS signal | 24-07-2026 |
| Latest BS signal | 24-07-2026 |
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.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46013A0010/00F000 | Flanders | 5,320 m² | 1 · 2,434 m² | 10.5 m · 3 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
07-11-2025 1 director appointed, 2 resigning
- Daria IVANNIKOVA, Bestuurder
- GNIDENKO Nikolai Nikolaevich, Bestuurder
- VERGAUWEN Eddy, Bestuurder
Technical details
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}03-08-2022 Incorporation of a new BV
Technical details
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}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameNL | TSAAR ACADEMY |