TT MANAGEMENT
Open bankruptcyA bankruptcy procedure is open for TT MANAGEMENT according to publications in the Belgian State Gazette; curator: PIETER WAUMAN.
Summary
The 2020 annual accounts show equity of €100,173 and a net result of €37,723.
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, Dendermonde division
- Declared bankrupt
- 17 January 2022
- Supervising judge
- Rudy Debbaut
- Official Gazette
- 21-01-2022 (pdf) ↗search the document for 2022/101778
Deadlines
- Provisional date payments stopped
- 17 July 2021Payments and security you received since that day can in some cases be challenged by the curator. A later judgment can change the date.art. XX.105, XX.111 and XX.112 CEL
- Appeal or third-party opposition until
- passed on 5 February 2022Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
- File the claim in RegSol until
- passed on 16 February 2022art. XX.104 and XX.155 CEL
- First verification report
- passed on 25 February 2022Goods 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 17 January 2023Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL
Curator
- Pieter WaumanVijfstraten 57, 9100 Sint- Niklaaspieter.wauman@truyensadvocaten.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 31-12-2020 was due by 31-07-2021 and was filed on 08-07-2021, 23 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
23 d early
2019
30 d early
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 2 accounts on average 27 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were 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?Process a list
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2020, micro schema
Turnover
€759,271▲ 25.0%
2018 · €607,478
EBIT margin
7.9%▲ 6.8pp
2018 · 1.1%
Net result
€37,723▲ 77.0%
2019 · €21,306
Working capital
€57,863▼ 73.1%
2019 · €214,766
Trend over the years
In euros
In per cent
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line201820192020
Turnover€607,478-€759,271▲ 25.0%
Operating result€6,419-€59,946▲ 834%€61,177▲ 2.1%
Net result€3,181-€21,306▲ 570%€37,723▲ 77.0%
EBIT margin1.1%-7.9%▲ 6.8pp
Equity€39,144-€60,450▲ 54.4%€100,173▲ 65.7%
Total assets€397,109-€452,464▲ 13.9%€766,199▲ 69.3%
Debt€357,966-€392,014▲ 9.5%€666,026▲ 69.9%
Working capital€187,015-€214,766▲ 14.8%€57,863▼ 73.1%
Staff (FTE)4.4
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen two years in a row; 2020 is 2% above 2019 and is the highest result in the available series.
Balance-sheet composition
2020 in colour, 2019 as the grey bar beneath
Assets €766,199
Fixed assets
€42,310 ▼ 32.9%
Current assets
€723,889 ▲ 85.9%
Equity and liabilities €766,199
Equity
€100,173 ▲ 65.7%
Debt
€666,026 ▲ 69.9%
Debt's share of the balance-sheet total rises from 86.6% to 86.9%. Equity and debt are higher.
Key figures and ratios
EBITDA
€84,771▼
2019 · €108,935
Cash flow
€61,316▼
2019 · €70,295
Current ratio
1.09▼
2019 · 2.23
ROE
37.7%▲
2019 · 35.2%
ROA
4.9%▲
2019 · 4.7%
Debt ≤ 1 year
€666,026▲
2019 · €174,629
Income taxes
€21,866▼
2019 · €41,711
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | Change |
|---|---|---|---|---|
| Turnover70 | €607,478 | €759,271 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | €48,988 | €23,593 | ▼ 51.8% |
| Gross operating margin9900 | €15,253 | €194,981 | €198,099 | ▲ 1.6% |
| Operating profit (loss)9901 | €6,419 | €59,946 | €61,177 | ▲ 2.1% |
| Recurring financial income75 | €3,087 | €9,049 | €1,541 | ▼ 83.0% |
| Recurring financial charges65 | €2,798 | €4,778 | €3,129 | ▼ 34.5% |
| Profit (loss) for the period before taxes9903 | €6,708 | €63,018 | €59,589 | ▼ 5.4% |
| Income taxes67/77 | €3,527 | €41,711 | €21,866 | ▼ 47.6% |
| Profit (loss) for the period9904 | €3,181 | €21,306 | €37,723 | ▲ 77.0% |
| Profit (loss) for the period to be appropriated9905 | €3,181 | €21,306 | €37,723 | ▲ 77.0% |
| Line | 2018 | 2019 | 2020 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €397,109 | €452,464 | €766,199 | ▲ 69.3% |
| Fixed assets21/28 | €119,132 | €63,069 | €42,310 | ▼ 32.9% |
| Tangible fixed assets22/27 | €118,355 | €62,292 | €41,560 | ▼ 33.3% |
| Financial fixed assets28 | €777 | €777 | €750 | ▼ 3.5% |
| Current assets29/58 | €277,978 | €389,395 | €723,889 | ▲ 85.9% |
| Amounts receivable within one year40/41 | €131,444 | €314,101 | €426,392 | ▲ 35.8% |
| Cash at bank and in hand54/58 | €146,533 | €75,295 | €43,773 | ▼ 41.9% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €397,109 | €452,464 | €766,199 | ▲ 69.3% |
| Equity10/15 | €39,144 | €60,450 | €100,173 | ▲ 65.7% |
| Contributions10/11 | €6,200 | €6,200 | - | - |
| Reserves13 | €2,147 | €2,147 | €2,147 | = |
| Profit (loss) carried forward14 | €30,796 | €52,103 | €89,825 | ▲ 72.4% |
| Amounts payable17/49 | €357,966 | €392,014 | €666,026 | ▲ 69.9% |
| Amounts payable after more than one year17 | €267,004 | €217,385 | - | - |
| Amounts payable within one year42/48 | €90,962 | €174,629 | €666,026 | ▲ 281% |
| Trade debts44 | €53,187 | €97,165 | €563,465 | ▲ 480% |
| Line | 2018 | 2019 | 2020 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €3,181 | €21,306 | €37,723 | ▲ 77.0% |
| + Depreciation and write-downs630 | - | €48,988 | €23,593 | ▼ 51.8% |
| Operating cash flow (approximation) | €3,181 | €70,295 | €61,316 | ▼ 12.8% |
| Investment in fixed assets (approximation) | - | €7,075 | -€2,834 | ▼ 140% |
| Change in cash | - | -€71,239 | -€31,521 | ▲ 55.8% |
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
2022
21-01
Bankruptcy
Opening
Ondernemingsrechtbank Gent, afdeling Dendermonde · event 17-01-2022
2021
08-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Highest result since 2018net €37,723 ▲77%
Operating result €61,177, net result €37,723, both a record.
31-12
Financial
Equity above €100,000Eq €100,173 ▲65.7%
3 profitable years in a row build equity to €100,173.
01-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
08-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 69 days late
2018
10-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 41 days late
2017
23-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 7 acts read
About the unread acts
We know of 7 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
7 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, Zaventem · 1 establishment unit since 2015
Ground area
4,909 m²
Building footprint
2,311 m²
Volume, LiDAR
16,545 m³
2 parcels, Flanders · tallest building 12.0 m, ±3 floors. Linked by address, not a title deed.
4
companies at this address
See who is registered here
1 establishment unit
Kleinhulst 12, 9220 Hamme (Vl.)
since 20152.246.782.690
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23078B0285/00A003 | Flanders | 4,666 m² | 1 · 2,204 m² | 9.4 m · 2 fl. |
| 42452B0188/00S000 | Flanders | 243 m² | 1 · 107 m² | 12.0 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | PIETER WAUMAN VIJFSTRATEN 57, 9100 SINT-
NIKLAAS |
17-01-2022 → present |
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded21-10-2015
Fiscal year end31-12
E-invoicing
Not found in the Peppol register
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.